SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported):
January 31, 1997
TENGTU INTERNATIONAL CORP.
(Exact name of registrant as specified in its charter)
DE 33-27707 77-0407366
(State or other jurisdiction (I.R.S. Employer
of incorporation or Identification No.)
organization)
19105 36th Avenue, Suite 207
Linwood, Washington 98037
Address of principal executive offices
Registrant's telephone number: (604)685-3234
<PAGE>
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO
REGULATION S.
The Company has made recent unregistered sales of equity
securities in reliance upon the exemption from registration
provided by Regulation S under the Securities Act. All of such
sales made by the Company are required to be reported on Form
8-K.
No underwriter or placement agent was involved in any of the
sales, and no underwriting discounts or commissions were paid.
All sales were made directly by the Company, through its officers
and directors.
The securities sold were units. Each unit consisted of two (2)
shares of the Company's common stock, and one (1) warrant to
buy common stock at a price of $4.50 per share. The warrant
expires on November 28, 1997. The units were offered and sold
for a price of $4.50 per unit, payable in cash upon subscription.
Each of the following sales of units was completed by the
Company on January 31, 1997. The name of each subscriber, the
amount of securities sold, and the aggregate consideration received
by the Company from such sales, are as follows:
<TABLE>
<CAPTION>
<S> <C> <C>
Number Aggregate
Name/Date of Units Consideration
Fullteck Investments, Ltd.
1/31/97 44,444 $200,000
Crockford Holdings, Ltd.
1/31/97 22,000 $ 99,000
Tesco Nominees Ltd.
1/31/97 44,000 $198,000
Totals 110,444 $497,000
</TABLE>
SIGNATURES
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 hereunto duly authorized.
TENGTU INTERNATIONAL CORP.
(Registrant)
_____________________ /s/ Pak Cheung, Chairman
(Date) (Signature)*
*Print name and title of signing officer under his signature.
