FLEXTRONICS INTERNATIONAL LTD
S-8 POS, 1999-01-15
PRINTED CIRCUIT BOARDS
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    As filed with the Securities and Exchange Commission on January 15, 1999

                                                      Registration No. 333-42255

================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        POST-EFFECTIVE AMENDMENT NO. 1 TO
                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                         Flextronics International Ltd.
             (Exact Name of Registrant as Specified in Its Charter)


            Singapore                                          Not Applicable
  (State or Other Jurisdiction                                (I.R.S. Employer
of Incorporation or Organization)                            Identification No.)

       514 Chai Chee Lane #04-13, Bedok Industrial Estate, Singapore 1646
                    (Address of Principal Executive Offices)

                         Flextronics International Ltd.
                             1993 Share Option Plan
                            1997 Interim Option Plan
                        1997 Employee Stock Purchase Plan
                            (Full Title of the Plans)

                                Michael E. Marks
                      Chairman and Chief Executive Officer
                         Flextronics International Ltd.
                     2090 Fortune Drive, San Jose, CA 95131
                     (Name and Address of Agent For Service)

                                 (408) 428-1300
          (Telephone Number, including Area Code, of Agent For Service)

This Registration  Statement shall become effective immediately upon filing with
the Securities and Exchange Commission,  and sales of the registered  securities
will begin as soon as reasonably practicable after such effective date.

                         CALCULATION OF REGISTRATION FEE

<TABLE>
<CAPTION>
                Title of                        Amount           Proposed Maximum             Proposed
               Securities                       to be             Offering Price          Maximum Aggregate         Amount of
            to be Registered                  Registered           Per Share(1)           Offering Price(1)     Registration Fee
            ----------------                  ----------           ------------           -----------------     ----------------
<S>                                           <C>                    <C>                     <C>                   <C>       
Ordinary Shares, S$0.01 par value:            2,600,000              $36.75                  $62,475,000           $18,430.13
1993 Share Option Plan(2)                                                                   
                                                                                            
Ordinary Shares, S$0.01 par value:             250,000               $36.75                   $9,187,500            $2,710.31
1997 Interim Option Plan                                                                    
                                                                                            
Ordinary Shares, S$0.01 par value:              75,000               $36.75                   $2,756,250             $813.09
1997 Employee Stock Purchase Plan                                                         
</TABLE>

(1)  Calculated  solely for purposes of this  offering  under Rule 457(h) of the
     Securities Act of 1933, as amended, on the basis of the average of the high
     and low selling prices per Ordinary Share of Flextronics International Ltd.
     on December 10, 1997 as reported by the Nasdaq National Market.

(2)  Represents  additional  shares available for issuance under the Flextronics
     International  Ltd.  1993 Share  Option  Plan.  A total of  900,000  shares
     issuable under the  Flextronics  International  Ltd. 1993 Share Option Plan
     have previously been registered under the Securities Act.

================================================================================
Purpose  of  Amendment:  The  numbers  in  the  columns  titled  "Amount  to  be
Registered,"   "Proposed  Maximum  Aggregate  Offering  Price"  and  "Amount  of
Registration Fee" have been amended from 2,000,000 to 2,600,000,  $73,500,000 to
$62,475,000  and  $21,682.50 to $18,430.13,  respectively;  and footnote (2) has
been amended to reflect that 900,000 and not 600,000  shares  issuable under the
Flextronics   International   Ltd.  1993  Share  Option  Plan  were   previously
registered.


<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the Registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements for filing on this  Post-Effective  Amendment No. 1 on Form S-8 and
has duly caused this  Registration  Statement  to be signed on its behalf by the
undersigned,  thereunto  duly  authorized,  in the  City of San  Jose,  State of
California, on the 15th day of January, 1999.

                                         FLEXTRONICS INTERNATIONAL LTD.

                                         By: /s/ MICHAEL E. MARKS
                                             ---------------------------------
                                         Michael E. Marks
                                         Chairman of the Board
                                         and Chief Executive Officer


     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
registration  statement has been signed below by the following persons on behalf
of the Registrant and in the capacities and on the dates indicated.

<TABLE>
<CAPTION>
SIGNATURE                                            TITLE                                            DATE
- ---------                                            -----                                            ----
<S>                                         <C>                                                <C> 
/s/ MICHAEL E. MARKS                        Chairman of the Board, and Chief Executive         January 15, 1999
- ------------------------------------        Officer (principal executive officer)


          *                                 President, Asia Pacific Operations and Director    January 15, 1999
- ------------------------------------
Tsui Sung Lam


/s/ ROBERT R.B. DYKES                       Senior Vice President of Finance and               January 15, 1999
- ------------------------------------        Administration (principal financial
                                            and accounting officer)


          *                                 Senior Vice President, Worldwide Sales             January 15, 1999
- ------------------------------------        and Marketing and Director
Stephen J.L. Rees                           


          *                                 Director                                           January 15, 1999
- ------------------------------------
Michael J. Moritz


          *                                 Director                                           January 15, 1999
- ------------------------------------
Richard L. Sharp


          *                                 Director                                           January 15, 1999
- ------------------------------------
Patrick Foley


          *                                 Director                                           January 15, 1999
- ------------------------------------
Alain Ahkong


          *                                 Director                                           January 15, 1999
- ------------------------------------
Shing Leong Hui
</TABLE>


*By:  
     -----------------------------------------
        Michael E. Marks, Attorney-in-fact



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