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 September 23, 1997
September 25, 1997
October 2, 1997
October 2, 1997
NAM TAI ELECTRONICS, INC.
(Registrant's name in English)
Unit 9, 15/F, Tower 1
China Hong Kong City, 33 Canton Road
TST, Kowloon, Hong Kong
NAM TAI ELECTRONICS, INC.
NEWS RELEASE
CONTACT: WENDY L. WISEMAN
P.R. SECRETARY
SUITE 530 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
INTERNET WEBSITE: http://www.namtai.com
NAM TAI ELECTRONICS, INC. ANNOUNCES
RIGHTS OFFERING
VANCOUVER, CANADA September 23, 1997 -- Nam Tai Electronics, Inc.
("Nam Tai" or the "Company") (NASDAQ/NMS Symbol: NTAIF, TSE Symbol:
NMT) today announced the filing of a Registration Statement with the United
States Securities and Exchange Commission ("SEC") related to a Rights Offering.
In the proposed Rights Offering, the Company plans to distribute Rights to
purchase from the Company a total of 3,000,000 Units, each Unit consisting of
one Common Share and one Common Share Purchase Warrant. Each Nam Tai
shareholder will receive one Non-Transferrable Right for each three Common
Shares of Nam Tai held on the record date. The record date for the Rights
Offering has not yet been set. It is currently expected that the record date
will coincide with the date the Registration Statement is declared effective by
the SEC and that the Rights will expire approximately 20 days following their
issuance. Any Units not purchased upon exercise of the Rights distributed in
the Rights Offering will be purchased by a group of standby underwriters for
whom Joseph Charles & Associates, Inc. is acting as the managing underwriter.
A Registration Statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. The
securities may not be sold nor may offers to buy be accepted prior to the time
the Registration Statement becomes effective. This announcement shall not
constitute an offer to sell with the solicitation of an offer to buy nor shall
there be any sale of these securities in any State in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such State.
The name and address of the person or persons from whom a written Prospectus
meeting the requirements of Section 10 of the Securities Act of 1933 may be
obtained is:
Joseph Charles & Associates, Inc.,
Syndicate Department
9701 Wilshire Blvd., Suite 900
Beverly Hills, CA 90212
Nam Tai is an independent provider of high quality manufacturing services to
original equipment manufacturers ("OEMs") in the consumer electronics industry.
All of the Company's manufacturing operations are based in the People's Republic
of China ("China"). Nam Tai assists OEMs in the design and development of
products and furnishes full turnkey manufacturing services to its OEM customers
utilizing advanced processes such as chip on board ("COB"), surface mount
technology ("SMT"), tape automated bonding ("TAB") and outer lead bonding
("OLB") technologies. The Company provides hardware and software design,
plastic molding, component purchasing, assembly into finished products or
electronic subassemblies, post-assembly testing and shipping. The Company
manufactures a broad line of finished products for its OEM customers, including
personal organizers, linguistic products, calculators, integrated circuit
("IC") or smart card readers (referred to as "IC card readers"). It also
manufactures electronic components and subassemblies for printed circuit boards
("PCBs"). These products include large scale integrated circuits ("LSI")
bonded on PCBs that are used in the manufacture of products such as electronic
toys, and subassemblies for liquid crystal display ("LCD") modules that are in
turn used in the manufacture of communications, camera and computer products.
In addition, Nam Tai provides OEMs with silk screening services for plastic
parts, polyvinyl chloride ("PVC") products and metal parts.
-end-
NAM TAI ELECTRONICS, INC.
NEWS RELEASE
CONTACT: WENDY L. WISEMAN
P.R. SECRETARY
SUITE 530 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
INTERNET WEBSITE: http://www.namtai.com
NAM TAI ELECTRONICS, INC. ANNOUNCES
TSE VOLUNTARY DELISTING
VANCOUVER, CANADA September 25, 1997 -- Nam Tai Electronics, Inc.
("Nam Tai" or the "Company") (NASDAQ/NMS Symbol: NTAIF, TSE Symbol:
NMT) today announced that its common shares will be voluntarily delisted from
The Toronto Stock Exchange. The de-listing will be effective upon approval by
the Toronto Stock Exchage in Canada.
The shares of Nam Tai continue to be listed on the NASDAQ National Market
System, Nam Tai's primary trading market, and trade under the stock symbol
"NTAIF".
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") in 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.
-end-
NAM TAI ELECTRONICS, INC.
NEWS RELEASE
CONTACT: WENDY L. WISEMAN
P.R. SECRETARY
SUITE 530 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
INTERNET WEBSITE: http://www.namtai.com
NAM TAI ELECTRONICS, INC. ANNOUNCES:
TSE APPROVES VOLUNTARY DELISTING
AND RESIGNATION OF INDEPENDENT DIRECTOR
VANCOUVER, CANADA October 2, 1997 -- Nam Tai Electronics, Inc. ("Nam
Tai" or the "Company") (NASDAQ/NMS Symbol: NTAIF, TSE Symbol: NMT)
today announced that its common shares were voluntarily delisted from The
Toronto Stock Exchange in Canada effective the close of business September 30,
1997.
The shares of Nam Tai continue to be listed on the NASDAQ National Market
System, Nam Tai's primary trading market, and trade under the stock symbol
"NTAIF".
The company also announces Mr. Robert McNamara's resignation from the Board
of Directors effective September 22, 1997 for personal reasons. Mr. McNamara
joined the Board of Directors as an independent director on May 18, 1996.
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") in 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.
-end-
NAM TAI ELECTRONICS, INC.
NEWS RELEASE
CONTACT: WENDY L. WISEMAN
P.R. SECRETARY
SUITE 530 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
INTERNET WEBSITE: http://www.namtai.com
NAM TAI ELECTRONICS, INC. ANNOUNCES
RECORD DATE FOR RIGHTS OFFERING
VANCOUVER, CANADA October 2, 1997 -- Nam Tai Electronics, Inc. ("Nam
Tai" or the "Company") (NASDAQ/NMS Symbol: NTAIF) today announced a
record date of October 10, 1997 for its previously announced Rights Offering.
On September 23, 1997, the Company announced that it had filed a Registration
Statement with the United States Securities and Exchange Commission related to
a proposed Rights Offering, pursuant to which the Company will distribute
nontransferable Rights to purchase from the Company a total of 3,000,000 Units.
Each Unit will consist of one Common Share and one Redeemable Common
Share Purchase Warrant and each Nam Tai shareholder will receive one Right for
each three Common Shares held on the record date. It is anticipated that the
Rights will be distributed in mid to late October 1997 upon the SEC declaring
effective the Registration Statement relating to the Rights Offering. The
Rights will expire approximately 20 to 30 days thereafter. Any units not
purchased upon exercise of the Rights distributed in the Rights Offering will
be purchased by a group of standby underwriters for whom Joseph Charles &
Associates, Inc. is acting as the managing underwriter.
A Registration Statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. The
securities may not be sold nor may offers to buy be accepted prior to the time
the Registration Statement becomes effective. This announcement shall not
constitute an offer to sell or a solicitation of an offer to buy nor shall
there by any sale of these securities in any State in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such State.
The name and address of the person or persons from whom a written Prospectus
meeting the requirements of Section 10 of the Securities Act of 1933 may be
obtained is:
Joseph Charles & Associates, Inc.
Syndicate Department
9701 Wilshire Blvd., Suite 900
Beverly Hills, CA 90212
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") in 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.
-end-
The Registrant hereby incorporates this Report on Form 6-K into its Registration
Statement on Form F-3 (Registration No. 33- 91553).
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.) M.K. Koo
M.K. Koo, Chairman
Date: October 6, 1997
