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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
AMENDMENT NO. 1 TO CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 19, 1996
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ASIA RESOURCES HOLDINGS, LTD.
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(Exact name of registrant as specified in its charter)
REGAL INTERNATIONAL, INC.
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(Former name of registrant)
Delaware
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(State or other jurisdiction of incorporation)
1-8334 75-1071589
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(Commission File Number) (IRS Employer Identification No.)
52/F Bank of China Tower, 1 Garden Road, Hong Kong
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (852) 2514-0300
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ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
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The Board of Directors of the Registrant has elected to change its
independent accountants from Pannell Kerr Forster of Texas P.C.
("Pannell Kerr") to Arthur Anderson & Co. Pannell Kerr was dismissed on
April 1, 1997, and Arthur Andersen & Co. was engaged on
April 1, 1997. The decision resulted from the fact that after
February 19, 1996 the Registrant's sole operating subsidiary is located
in China, a location where Arthur Andersen has greater resources in the
Registrant's areas of operation, and a prior, ongoing business
relationship with the Registrant.
Although Pannell Kerr's report on the Registrant's audited financial
statements for the fiscal year ended December 31, 1994 and 1995
contained a "going concern" qualification, the change in independent
accountants is not related to such qualification or to any disagreement
with Pannell Kerr.
There were no disagreements with Pannell Kerr on any matter of
accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which, if not resolved to the former
accountant's satisfaction, would have caused it to make reference to
the subject matter of the disagreement(s) in connection with its
December 31, 1994 and December 31, 1995 reports.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
- ------- EXHIBITS.
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(c) Exhibits
16. Letter from Pannell Kerr Forster of Texas P.C. to the
SEC.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: March 5, 1999 ASIA RESOURCES HOLDINGS, LTD.
By: /s/ Chung Cho Yee, Mico
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Chung Cho Yee, Mico
President
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EXHIBIT 16
Pennell Kerr Foster of Texas, P.C.
Certified Public Accountants
5151 San Felipe, Suite 5000
Houston, Texas 77056
Phone: (713) 860-1400
Fax: (713)355-3909
www.pkftexas.com
March 8, 1999
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
We have read Item 4 of the Report on Form 8-K/A Amendment No. 1 to Current
Report of Regal International, Inc. (Commission File Number 1-8334) and we agree
with statements contained therein as they relate to our firm.
Very truly yours,
/s/ Pannell Kerr Forster of Texas, P.C.
Pannell Kerr Forster of Texas, P.C.
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