------------------------------
OMB APPROVAL
------------------------------
OMB Number: 3235-0145
Expires: August 31, 1999
Estimated average burden
hours per response . . . 14.90
------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
PEAK INTERNATIONAL LTD.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
G69586108
- --------------------------------------------------------------------------------
(CUSIP Number)
August 13, 1998
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] 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 the
disclosures provides 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>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------------- ------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 2 of 10 Pages
-- ---
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Neumeier Investment Counsel
I.R.S. Identification No. 77-0444891
- ---------- -------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ---------- -------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- -------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A./California
- ----------------------- ---- -------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
889,500
NUMBER OF ---- -------------------------------------------------------------------------------------------------------
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH ---- -------------------------------------------------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,355,400
WITH
---- -------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- ---------- -------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,355,400
- ---------- -------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- -------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.0%
- ---------- -------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA, OO
- ---------- -------------------------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------------- ------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 3 of 10 Pages
-- ---
- ---------- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter Neumeier
- ---------- -------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ---------- -------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- -------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- ----------------------- ---- -------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
889,500
---- -------------------------------------------------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY ---- -------------------------------------------------------------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 1,355,400
REPORTING
PERSON ---- -------------------------------------------------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
- ---------- -------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,355,400
- ---------- -------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- -------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.0%
- ---------- -------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- ---------- -------------------------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 4 of 10 Pages
-- ---
- --------------------------------------------------------------------------------
Item 1.
(a) Name of Issuer
--------------
Peak International Ltd.
(b) Address of Issuer's Principal Executive Offices
------------------------------------------------
Units 3, 4, 5 and 7, 37th Floor
Wharf Cable Tower
9 Hoi Shing Road
Tsuen Wan
N.T., Hong Kong
Item 2.
(a) Name of Person Filing:
----------------------
This statement is being filed by (i) Neumeier Investment
Counsel, a limited liability corporation and registered
investment adviser ("IA"), and (ii) Peter Neumeier, a
controlling member of IA ("Member") (collectively, the
"Reporting Persons"). Member controls IA by virtue of member's
position as the holder of the majority interest (91%) of IA.
IA's beneficial ownership of Peak International Ltd. ("the
Common Stock") is direct as a result of IA's discretionary
authority to buy, sell, and vote shares of such Common Stock
for its investment advisory clients. Member's ownership of
Common Stock is indirect as a result of Member's majority
interest in IA, and is reported solely because Rules 13d-1(a)
and (b) under the Securities Exchange Act of 1934, as amended
(the "Rules"), require any person who is "directly or
indirectly" the beneficial owner of more than five percent of
any equity security of a specified class to file a Schedule
13G within the specified time period. The answers in blocks 5,
7, 9 and 11 on page 3 above and in responses to item 4 by
Member are given on the basis of the "indirect" beneficial
ownership referred to in such Rules, based on the direct
beneficial ownership of Common Stock by IA and the
relationship of the Member to IA referred to above.
(b) Address of Principal Business Office or, if none, Residence:
------------------------------------------------------------
IA's Principal Business Office is located at:
26435 Carmel Rancho Blvd.
Carmel, California 93923
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 5 of 10 Pages
-- ---
- --------------------------------------------------------------------------------
Member's Principal Business Office is located at:
26435 Carmel Rancho Blvd.
Carmel, California 93923
(c) Citizenship:
------------
IA is a California limited liability
corporation. Member is a United States
citizen.
(d) Title of Class of Securities:
-----------------------------
Common Stock
(e) CUSIP Number:
-------------
G69586108
Item 3. If this statement is filed pursuant to s.s. 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the
Act (15 U.S.C. 78o)
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c)
(c) [ ] Insurance Company as defined in section 3(a)(19) of
the act (15 U.S.C. 78c)
(d) [ ] Investment Company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8)
(e) [X] An investment adviser in accordance with
s. 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with s. 240.13d-1(b)(1)(ii)(F);
(g) [X] A parent holding company or control person in
accordance with s. 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [ ] A church plan parent that is excluded from the
definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940 (15
U.S.C. 80a-3);
(j) [ ] Group, in accordance with s. 240.13d-1(b)(1)(ii)(J).
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 6 of 10 Pages
-- ---
- --------------------------------------------------------------------------------
Item 4. Ownership
(a) Amount Beneficially Owned:
--------------------------
Reporting Persons directly or indirectly beneficially own
1,355,400 shares of Common Stock. IA's beneficial ownership is
direct and Member's ownership is indirect.
(b) Percent of Class:
-----------------
10.0%
(c) Number of shares as to which such person has:
---------------------------------------------
(i) sole power to vote or to direct the vote:
889,500
(ii) shared power to vote or to direct the vote:
N/A
(iii) sole power to dispose or to direct the disposition of:
1,355,400
(iv) shared power to dispose or to direct the disposition of:
N/A
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
Item 6. Ownership of More than Five Percent on behalf of Another
Person
IA, an adviser registered with the SEC ("registered investment
adviser"), and Member, IA's controlling member, have the right
or the power to direct the receipt of dividends from Common
Stock, and to direct the receipt of proceeds from the sale of
Common Stock to IA's investment advisory clients. No single
investment advisory client of IA owns more than 5% of the
Common Stock.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
Member is considered the equivalent of a parent holding
company for purposes of this Schedule 13G. IA is considered
Member's subsidiary, and
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 7 of 10 Pages
-- ---
- --------------------------------------------------------------------------------
acquired the security being reported on by Member. IA is a
registered investment adviser. See Exhibit B.
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 acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
December 14, 1998
NEUMEIER INVESTMENT COUNSEL
By: _______________________
Peter Neumeier
President
_______________________
Peter Neumeier
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 8 of 10 Pages
-- ---
- --------------------------------------------------------------------------------
EXHIBITS
EXHIBIT A Statement With Respect To Joint Filing Of Schedule 13G
EXHIBIT B Identification and Classification of Subsidiary Which Acquired
Security Being Reported On By the Parent Holding Company
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 9 of 10 Pages
-- ---
- --------------------------------------------------------------------------------
EXHIBIT A
Statement With Respect To Joint Filing Of Schedule 13G
The undersigned hereby agree that any statement of Schedule 13G to be
filed with the Securities and Exchange Commission by any of the undersigned,
including any amendment thereto, with respect to securities of Peak
International Ltd. may be filed by any of the undersigned as a joint filing on
behalf of all of the undersigned.
December 14, 1998
NEUMEIER INVESTMENT COUNSEL
By: ______________________
Peter Neumeier
President
______________________
Peter Neumeier
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. G69586108 SCHEDULE 13G Page 10 of 10 Pages
--- ---
- --------------------------------------------------------------------------------
EXHIBIT B
Identification and Classification of
Subsidiary Which Acquired Security Being
Reported On By the Parent Holding Company
IA, a registered investment adviser, acquired "beneficial ownership" of
the securities being reported on as a result of its discretionary authority to
acquire, dispose and (with respect to certain of such securities) vote the
securities being reported on. Under a series of SEC no-action letters, including
the letter issued to Warren Buffet and Berkshire Hathaway, Inc. (available
December 5, 1986), Member is considered the equivalent of the parent holding
company of IA and is therefore eligible to report his indirect beneficial
ownership in such shares on Schedule 13G.
