SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported : August 1, 1999)
KING POWER INTERNATIONAL GROUP CO., LTD.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
1-13205
(Commission File Number)
75-2641513
(IRS Employer Identification No.)
27th Floor Siam Tower, 989 Rama I Road, Patumwan, Bangkok 10330 Thailand
(Address of principal executive offices)
Registrant's telephone number (including area code): 011-662-658-0090
Registrant's agent in the United States
Richard Braucher, Esq.
16910 Dallas Parkway, Suite 100
Dallas, Texas 75248
phone (972) 248-1922
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ITEM 4. Changes in Registrant's Certifying Accountants
I.
The accounting firm of Deloitte Touche Tohmatsu Jaiyos, the independent
accountants for the registrant, was dismissed effective on August 1, 1999 as
directed by the vote of the registrant's Board of Directors.
During the fiscal year ended December 31, 1998, and the interim period
subsequent to December 31, 1998, there have been no disagreements with Deloitte
Touche Tohmatsu Jaiyos on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedure or any reportable
events.
Deloitte Touche Tohmatsu Jaiyos's report on the financial statements for the
fiscal year ended December 31, 1998 contained no adverse opinion or disclaimer
of opinion and was not qualified or modified as to uncertainty, audit scope or
accounting principles.
Deloitte Touche Tohmatsu Jaiyos has furnished a letter, dated August 3, 1999
addressed to the Securities and Exchange Commission stating that it agrees with
the above statements.
II.
Due to the fact that the accounting firm of Deloitte Touche Tohmatsu Jaiyos, the
independent accountants for the registrant for the fiscal year ended December
31, 1998 only, was dismissed effective on August 1, 1999, the registrant engaged
the accounting firm of Smith, Jackson, Cooper & Daniell, PLLC, Dallas, Texas as
independent accountants for the registrant, effective as of August 1, 1999.
During the fiscal years ended December 31, 1997 and 1998, and the interim period
subsequent to December 31, 1998, there have been no consultations with Smith,
Jackson, Cooper & Daniell, PLLC, on any matters of accounting principles to a
specific transaction, either completed or proposed, or the type of audit opinion
that might be rendered on the registrant's financial statements.
ITEM 7. Financial Statements and Exhibits.
(c) Exhibits
16 Letter dated August 3, 1999, from Deloitte Touche Tohmatsu Jaiyos to
the Securities and Exchange Commission.
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
KING POWER INTERNATIONAL GROUP CO., LTD.
By: /s/ Viratana Suntaranond
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Viratana Suntaranond, Vice Chairman of
the Board and Chief Financial Officer
August 3, 1999
LETTERHEAD OF
DELOITTE TOUCHE TOHMATSU JAIYOS
Bangkok, Thailand
August 3, 1999
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have the read the statements made by King Power International Group Co., Ltd.
and contained in Item 4 - Changes in Registrant's Certifying Accountants,
Section I, as contained in the Company's Form 8-K dated August 1, 1999. Please
be advised that we have no disagreements with any of the statements contained in
the first, second, third and fourth paragraphs.
Yours very truly,
/s/ Deloitte Touche Tohmatsu Jaiyos
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Deloitte Touche Tohmatsu Jaiyos
