ETERNITY LTD
SC 13G/A, 2000-03-15
Previous: ETERNITY LTD, SC 13G/A, 2000-03-15
Next: ETERNITY LTD, SC 13G/A, 2000-03-15





                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

           Information to be included in statements filed pursuant to
                   Rules 13d-1(b),(c), and (d) and amendments
                     thereto filed pursuant to Rule 13d-2(b)

                                                 (Amendment No. 1)*


                                (Name of Issuer)
                     Jardine Fleming China Region Fund, Inc.

                         (Title of Class of Securities)
                                  Common Stock

                                 (CUSIP Number)
                                    471110106

             (Date of Event Which Requires Filing of this Statement)
                                December 31, 1999

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

       [  ]  Rule 13d-1(b)
       [X ]  Rule 13d-1(c)
       [  ]  Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


<PAGE>


CUSIP No.  471110106

(1)    Names of Reporting Persons

       I.R.S. Identification Nos. of Above Persons (Entities Only)

       Eternity Ltd.
       John M. Templeton

(2)    Check the Appropriate Box if a Member of a Group
       (a)        [  ]
       (b)        [  ]

(3)    SEC Use Only

(4)    Citizenship or Place of Organization

         Eternity Ltd. is incorporated in the Cayman Islands
         John M. Templeton is a citizen of the United Kingdom


Number of           (5)      Sole Voting Power
Shares                                               Nil
Benfici-
ally Owned          (6)      Shared Voting Power
by Each                                             309,700
Reporting
Person With         (7)      Sole Dispositive Power
                                                     Nil

                    (8)      Shared Dispositive Power
                                                     309,700

                    (9)    Aggregate Amount Beneficially Owned by Each Reporting
                           Person

                                    309,700

                    (10)   Check Box if the Aggregate Amount in Row (9) Excludes
                           Certain Shares
                                                       [  ]

                    (11)   Percent of Class Represented by Amount in Row 9

                                            3.40%

                    (12)   Type of Reporting Person
                              Eternity Ltd.: CO

                              John M. Templeton: IN


<PAGE>


                                    Item 1(a)

Name of Issuer:

Jardine Fleming China Region Fund, Inc.

                                    Item 1(b)

Address of Issuer's Principal Executive Offices:

100 East Pratt Street
Baltimore, Maryland 21202

                                    Item 2(a)

Name of Person Filing:

Eternity Ltd.
John M. Templeton

Eternity Ltd. is indirectly controlled by John M. Templeton, a British subject.

                                    Item 2(b)

Address of Principal Business Office:

Eternity Ltd.                       John M. Templeton
Templeton Building                  Templeton Building
P.O. Box N-7776                     P.O. Box N-7776
Lyford Cay                          Lyford Cay
Nassau, Bahamas                     Nassau, Bahamas

                                    Item 2(c)

Citizenship:

Eternity Ltd. is a company incorporated under the laws of the Cayman Islands.
John M. Templeton is a citizen of the United Kingdom.

                                    Item 2(d)

Title of Class of Securities:

Common Stock

                                    Item 2(e)

CUSIP Number:

471110106


<PAGE>


                                     Item 3

If this  statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check
whether the person filing is a:

(a)  [  ]     Broker or Dealer registered under Section 15 of the Act

(b)  [  ]     Bank as defined in section 3(a) (6) of the Act

(c)  [  ]     Insurance Company as defined in section 3(a)(19) of the Act

(d)  [  ]     Investment Company registered under section 8 of the Investment
              Company Act

(e)  [  ]     An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)

(f)  [  ]     An employee benefit plan or endowment fund in accordance with
              Rule 13d-1(b)(1)(ii)(F)

(g)  [  ]     A parent holding company or control person in accordance with
               Rule 13d-1(b)(1)(ii)(G)

(h)  [  ]     A savings association as defined in Section 3(b) of the
              Federal Deposit Insurance Act

(i)  [  ]     A church plan that is excluded from the definition of an
              investment company under Section 3(c)(14) of the
              Investment Company Act

(j)  [  ]     Group, in accordance with Rule 13d-1(b)(1)(ii)(J)

If this statement is filed pursuant to Rule 13d-1(c), check this box.  [X]


                                     Item 4

Ownership.

       (a)      Amount Beneficially Owned:

                            309,700

       (b)      Percent of Class:

                            3.40%

       (c)      Number of shares as to which such person has:

        (i)    Sole power to vote or to direct the vote:                    Nil
        (ii)   Shared power to vote or to direct the vote:              309,700
        (iii)  Sole power to dispose or to direct the disposition of:       Nil
        (iv)   Shared power to dispose or to direct the disposition of: 309,700

     By virtue of his  indirect  control of  Eternity  Ltd.,  John M.  Templeton
shares with  Eternity  Ltd. the power to vote and dispose of the shares owned by
Eternity Ltd.


<PAGE>


                                     Item 5

Ownership of Five Percent or Less of a Class

       As of December 31, 1999, and as of the date of this filing, the Reporting
Persons are no longer deemed to be the beneficial  owners of more than 5% of the
outstanding Common Stock of the Issuer.

                                     Item 6

Ownership of More than Five Percent on Behalf of Another Person

                            Not Applicable

                                     Item 7

Identification  and Classification of the Subsidiary which Acquired the Security
Being Reported on By the Parent Holding Company.

                            Not Applicable

                                     Item 8

Identification and Classification of Members of the Group.

                            Not Applicable

                                     Item 9

Notice of Dissolution of Group.

                            Not Applicable

                                     Item 10

Certification.

       By signing  below I certify that, to the best of my knowledge and belief,
the  securities  referred  to above were not  acquired  and are not held for the
purpose of or with the effect of  changing  or  influencing  the  control of the
issuer of the  securities  and were not acquired and are not held in  connection
with or as a participant in any transaction having that purpose or effect.

Signature.

       After  reasonable  inquiry and to the best of my knowledge and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

Date:       March 15, 2000


            ETERNITY LTD.

Signature:  /S/  JOHN M. TEMPLETON
            ----------------------
Name/Title: By: John M. Templeton, President

Signature:  /S/  JOHN M. TEMPLETON
            ----------------------
Name/Title: John M. Templeton, Individually as indirect beneficial owner


            Attention:  Intentional misstatements or omissions of fact
            constitute Federal criminal violations (See 18 U.S.C. 1001).



<PAGE>


                  Agreement Pursuant to Rule 13d-1(k)(1) of the
                         Securities Exchange Act of 1934


                                    AGREEMENT

     The undersigned agree that this Amendment No. 1 to Schedule 13G dated March
15, 2000 relating to the Common Stock of Jardine Fleming China Region Fund, Inc.
shall be filed on behalf of the undersigned.


                                               ETERNITY LTD.

                                               /s/ John M. Templeton
                                               By:  John M. Templeton
                                               President

                                               JOHN M. TEMPLETON

                                               /s/ John M. Templeton



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission