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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 2
to
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 4, 1997
FLEXTRONICS INTERNATIONAL LTD.
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(Exact name of Registrant as specified in its charter)
SINGAPORE
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(State or other jurisdiction of
incorporation)
0-23354 NOT APPLICABLE
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(Commission (IRS Employer
File Number) Identification No.)
514 CHAI CHEE LANE, #04-13, BEDOK INDUSTRIAL ESTATE, SINGAPORE 469029
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(Address of principal executive offices) (Zip Code)
(65) 449-5255
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name or former address, if changed since last report)
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AMENDMENT DATED OCTOBER 20, 1997 TO CURRENT REPORT
ON FORM 8-K FILED AUGUST 11, 1997
ITEM 4: CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) On August 1, 1997, the Audit Committee of the Board of Directors
of Flextronics International Ltd. (the "Company") approved the
engagement of Arthur Andersen LLP, San Jose, California as
independent public accountants to audit and report on the financial
statements of the Company and its subsidiaries for the year ended
March 31, 1998. This change is related to the Company's shift of
certain financial reporting functions and the Company's audit
relationship to San Jose. On August 4, 1997, the Company informed the
firm of Ernst & Young, which had been serving as independent public
accountants for the Company, of its desire to have Arthur Andersen LLP
succeed Ernst & Young as the Company's independent accountants. On
August 5, 1997, Ernst & Young advised the Company that it will not
seek re-election at the Company's next Annual General Meeting. On
October 14, 1997, the shareholders of the Company approved the
Company's nomination of Arthur Andersen LLP as the Company's
independent public accountants at the Company's Annual General
Meeting.
(b) In connection with its audits for the two most recent years, and
through October 14, 1997, there have been no reportable events or
disagreements with Ernst & Young on any matter of accounting
principles or practices, financial statement disclosure, or auditing
scope or procedure.
(c) Ernst & Young's report on the financial statements for the past two
years contained no adverse opinion or disclaimer of opinion and was not
qualified as to uncertainty, audit scope or accounting principles.
(d) During the two most recent fiscal years, Arthur Andersen LLP, the new
independent accountants of the Company has not been consulted
regarding: (1) the application of accounting principles to a specified
transaction, either completed or proposed; (2) the type of audit
opinion that might be rendered on the Company's financial statements;
or (3) any matter that was either the subject of a disagreement or a
reportable event.
ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
Exhibit 16.1 Letter, dated October 20, 1997 from Ernst & Young, the
registrant's independent accountant, regarding its concurrence
with the statements made by the registrant in Item 4 of this
report.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
FLEXTRONICS INTERNATIONAL LTD.
Date: October 20, 1997 By: /s/ ROBERT R. B. DYKES
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Robert R. B. Dykes
Senior Vice President of Finance and
Administration
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EXHIBIT INDEX
Exhibit Description
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16.1 Letter, dated October 20, 1997 from Ernst & Young, the
registrant's independent accountant, regarding its
concurrence with the statements made by the registrant
in Item 4 of this report.
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EXHIBIT 16.1
[ERNST & YOUNG LETTERHEAD]
October 20, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Gentlemen:
EXHIBIT 1 TO FORM 8-K
We have read Item 4 of Form 8-K dated August 11, 1997, as amended by Form 8-K/A
dated October 20, 1997 of Flextronics International Ltd. and are in agreement
with the statements contained in the third and fourth sentences of the first
paragraph and in the second and third paragraphs on page 2 therein. We have no
basis to agree or disagree with other statements of the registrant contained
therein.
Yours faithfully
/s/ Ernst & Young
Ernst & Young
