FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For December 12, 1996
NAM TAI ELECTRONICS, INC.
(Registrant's name in English)
Citco Building, Wickhams Cay, P.O. Box 662,
Road Town, Tortola, British Virgin Islands
(Address of principal executive offices)<PAGE>
NAM TAI ELECTRONICS, INC.
SUITE 530 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831NEWS RELEASE
INTERNET WEBSITE: http://www.namtai.com
CONTACT: WENDY L. WISEMAN
P.R. SECRETARY
NAM TAI ELECTRONICS, INC. ANNOUNCES
COMMENCEMENT OF TRADING ON
THE TORONTO STOCK EXCHANGE
VANCOUVER, CANADA December 12, 1996 -- Nam Tai Electronics, Inc.
("Nam Tai" or the "Company") (NASDAQ/NMS Symbol: NTAIF) announced
that its common shares today commenced trading in Canada on The Toronto
Stock Exchange.
The Company recently announced that it had been conditionally accepted for
listing on The Toronto Stock Exchange and that it will continue to maintain the
Nasdaq National Market System as its primary listing. The Company has now
commenced trading on The Toronto Stock Exchange in Canadian dollars under
the stock symbol "NMT".
"We are pleased to commence trading on a second major stock exchange,"
commented Mr. M.K. Koo, Chairman of the Company. "We believe this will help
expand our shareholder base and broaden market support for the Company."
Nam Tai is a full service contract manufacturer which provides hardware and
software design, plastic moulding, component purchasing, assembly, quality
control and shipping services to major original equipment manufacturers
("OEMs") from Japan and North America. The Company makes use of highly
advanced technology at its ISO 9001 certified facilities in Shenzhen, China. It
also maintains marketing and administrative operations in Hong Kong and
Vancouver, Canada, respectively. The Company's electronic products include
personal organizers, spell checkers, dictionaries, calculators and IC Card
Readers as well as complex electronic subassemblies and components. The
Company's customers include Canon, Casio, Citizen, Matsushita Battery,
Nintendo (which orders through Sharp), Optrex, Radio Shack, Sanyo Electric,
Seiko Instruments, Sharp and Texas Instruments.<PAGE>
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.
For and on behalf of
Nam Tai Electronics, Inc.
by
(S.d.) Ronald G. Erdman
Ronald G. Erdman
Chief Financial Officer
Date: December 19, 1996
