SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
SCHEDULE 13D*
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 5)*
Transportacion Maritima Mexicana SA de CV
(Name of Issuer)
American Depository Receipts
(Title of Class of Securities)
893868208
(CUSIP Number)
Arthur Goetchius
350 Park Avenue, 11th Fl., New York, NY 10022 (212) 755-9000
(Name, address and telephone number of person
authorized to receive notices and communications)
May 19, 1998
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box [ ].
NOTE: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
(Continued on following pages)
(Page 1 of 19 Pages)
________________
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes)
CUSIP No. 893868208 13D Page 2 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
EGS Associates, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
WC
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
380,930
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
380,930
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
380,930
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
2.7%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 3 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
EGS Partners, L.L.C.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
1,120,410
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,126,100
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,126,100
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
7.9%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IA
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 4 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Bev Partners, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
WC
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
163,970
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
163,970
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
163,970
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.2%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 5 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Jonas Partners, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
WC
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
15,000
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
15,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
15,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.1%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 6 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
William Ehrman
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
1,680,310
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,686,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,686,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
11.9%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 7 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Frederic Greenberg
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
1,680,310
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,686,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,686,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
11.9%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 8 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Frederick Ketcher
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
1,680,310
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,686,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,686,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
11.9%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 9 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
Jonas Gerstl
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
1,680,310
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,686,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,686,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
11.9%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 10 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
James McLaren
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
1,680,310
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,686,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,686,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
11.9%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 11 of 19 Pages
____________________________________________________________________________
(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
William Lautman
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF
_____________________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
_____________________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
1,680,310
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,686,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,686,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
11.9%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 893868208 13D Page 12 of 19 Pages
The Schedule 13D initially filed on October 1, 1997 (the "Schedule 13D")
by the Reporting Persons (defined in Item 2) relating to the American
Depository Receipts (the "ADRs") (each ADR representing one Series "L" share
of common stock) (the "Shares")issued by Transportacion Maritima Mexicana SA
de CV (the "Company"), is hereby amended by this Amendment No. 5 to the
Schedule 13D as follows:
* * * * *
Item 2. Identity and Background.
Item 2 is hereby restated as follows:
(a) This statement is filed by:
(i) EGS Associates, L.P., a Delaware limited partnership ("EGS
Associates"), with respect to Shares beneficially owned by it;
(ii) EGS Partners, L.L.C., a Delaware limited liability company
("EGS Partners"), with respect to Shares beneficially owned by EGS Overseas
Fund Limited, a British Virgin Islands corporation ("EGS Overseas"), as well
as Shares held in other discretionary accounts managed by EGS Partners;
(iii) Bev Partners, L.P., a Delaware limited partnership ("Bev
Partners"), with respect to Shares beneficially owned by it;
(iv) Jonas Partners, L.P., a Delaware limited partnership ("Jonas
Partners"), with respect to Shares beneficially owned by it;
(v) William Ehrman, with respect to Shares beneficially owned by EGS
Associates, EGS Partners, Bev Partners, and Jonas Partners;
(vi) Frederic Greenberg, with respect to Shares beneficially owned
by EGS Associates, EGS Partners, Bev Partners, and Jonas Partners;
(vii) Frederick Ketcher, with respect to Shares beneficially owned
by EGS Associates, EGS Partners, Bev Partners, and Jonas Partners;
(viii) Jonas Gerstl, with respect to Shares beneficially owned by
EGS Associates, EGS Partners, Bev Partners, and Jonas Partners;
(ix) James McLaren, with respect to Shares beneficially owned by
EGS Associates, EGS Partners, Bev Partners, and Jonas Partners; and
(x) William Lautman, with respect to Shares beneficially owned by
EGS Associates, EGS Partners, Bev Partners, and Jonas Partners.
The foregoing persons hereinafter sometimes are referred to collectively
as the "Reporting Persons". Any disclosures herein with respect to persons
other than the Reporting Persons are made on information and belief after
making inquiry to the appropriate party.
The members of EGS Partners and the general partners of EGS Associates,
Bev Partners, and Jonas Partners are William Ehrman, Frederic Greenberg,
Frederick Ketcher, Jonas Gerstl, James McLaren and William Lautman
(collectively, the "General Partners").
CUSIP No. 893868208 13D Page 13 of 19 Pages
(b) The address of the principal business and principal office of (i)
EGS Associates, EGS Partners, BEV Partners, Jonas Partners and each of the
General Partners is 350 Park Avenue, 11th Floor, New York, New York 10022 and
(ii) EGS Overseas is c/o CITCO Fund Services (Curacao) N.V., Kaya Flamboyan 9,
Curacao, Netherlands Antilles.
(c) The principal business of each of EGS Associates, EGS Overseas,
BEV Partners and Jonas Partners is that of a private investment firm, engaging
in the purchase and sale of securities for investment for its own account.
The principal business of EGS Partners is that of a registered investment
adviser under the Investment Advisers Act of 1940, as amended, engaging in the
purchase and sale of securities for investment on behalf of discretionary
accounts including EGS Overseas. The present principal occupations of the
General Partners are as general partners of EGS Associates, Bev Partners and
Jonas Partners, as members of EGS Partners, and as Managing Directors of EGS
Securities Corp.
(d) None of the persons referred to in paragraph (a) above has,
during the last five years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) None of the persons referred to in paragraph (a) above has,
during the last five years, been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and as a result of such
proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
Federal or state securities laws or finding any violation with respect to such
laws.
(f) Each of the individuals referred to in paragraph (a) above is a
United States citizen. EGS Associates, BEV Partners and Jonas Partners are
Delaware limited partnerships. EGS Partners is a Delaware limited liability
company. EGS Overseas is a British Virgin Islands corporation.
Item 3. Source and Amount of Funds and Other Consideration.
Item 3 is hereby amended and restated as follows:
The net investment cost (including commissions, if any) of the ADRs
beneficially owned by EGS Associates, EGS Partners, (exclusive of ADRs
beneficially owned by EGS Overseas), EGS Overseas, Bev Partners, and Jonas
Partners is approximately $2,772,689, $8,325,103, $7,354, $1,195,340, and
$107,400, respectively.
Messrs. Ehrman, Greenberg, Ketcher, Gerstl, McLaren and Lautman currently
own no Shares or ADRs.
The ADRs purchased by each of EGS Associates, Bev Partners, and Jonas
Partners were purchased with the investment capital of the respective entities
and with investment capital of each discretionary account under management of
EGS Partners.
CUSIP No. 893868208 13D Page 14 of 19 Pages
The ADRs beneficially owned by EGS Associates, EGS Partners, (excluding
EGS Overseas), EGS Overseas, Bev Partners, and Jonas Partners are held in
their respective commingled margin accounts, or in the case of EGS Partners,
in margin and non-margin accounts held by each discretionary account under its
management. Such margin accounts are maintained at NationsBanc Montgomery
Securities, L.L.C. and may from time to time have debit balances. Since other
securities are held in such margin accounts, it is not possible to determine
the amounts, if any, of margin used with respect to the ADRs purchased. Non-
margin accounts are maintained at Bankers Trust Company. Currently, the
interest rate charged on such various margin accounts is approximately 9.25%
per annum.
* * * * *
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended and restated as follows:
(a) The approximate aggregate percentage of shares of ADRs reported
beneficially owned by each person herein is based on 14,197,284 Shares
outstanding, which is the total number of Shares outstanding as of December
31, 1997, as reported by telephone conversation with the Company on May 28,
1998.
As of the close of business on May 27, 1998:
(i) EGS Associates owns beneficially 380,930 Shares,
constituting approximately 2.7% of the Shares outstanding.
(ii) EGS Partners owns directly no Shares. By reason of the
provisions of Rule 13D-3 of the Securities Exchange Act of 1934, as amended
(the "Act"), EGS Partners may be deemed to own beneficially 1,125,000 Shares,
(constituting approximately 7.9% of the Shares outstanding), purchased for
discretionary accounts managed by it, other than EGS Overseas, and 1,100
shares of Common Stock purchased for EGS Overseas (constituting approximately
.01% of the Shares outstanding), which, when aggregated, total 1,126,100
shares of Common Stock, constituting approximately 7.9% of the Shares
outstanding.
(iii) Bev Partners owns beneficially 163,970 Shares,
constituting approximately 1.2% of the Shares outstanding.
(iv) Jonas Partners owns beneficially 15,000 Shares,
constituting approximately 0.1% of the Shares outstanding.
(v) Messrs. Ehrman, Greenberg, Gerstl, Ketcher, McLaren and
Lautman own directly no Shares.
The Reporting Persons' ownership reported herein is through
ownership of related ADRs.
CUSIP No. 893868208 13D Page 15 of 19 Pages
By reason of the provisions of Rule 13D-3 of the Act, each of the
General Partners may be deemed to own the 380,930 Shares beneficially owned by
EGS Associates, the 1,126,100 Shares beneficially owned by EGS Partners, the
163,970 Shares beneficially owned by Bev Partners, and the 15,000 Shares
beneficially owned by Jonas Partners. When the Shares beneficially owned by
EGS Associates, EGS Partners, Bev Partners, and Jonas Partners are
aggregated, they total 1,686,000 Shares, constituting approximately 11.9% of
the Shares outstanding.
(vi) In the aggregate, the Reporting Persons beneficially own a
total of 1,686,000 Shares, constituting approximately 11.9% of the Shares
outstanding.
(b) Each of EGS Associates, EGS Partners (with respect to Shares held
by EGS Overseas and other discretionary accounts), Bev Partners, and Jonas
Partners has the power to vote and to dispose of the Shares beneficially owned
by it, which power may be exercised by the General Partners. Over one such
discretionary account, however, EGS Partners does not have voting authority.
Each of EGS Overseas and the discretionary accounts is a party to an
investment management agreement with EGS Partners pursuant to which EGS
Partners has investment authority with respect to securities held in such
account.
(c) The trading dates, number of ADRs purchased or sold and price per
share for all transactions in the ADRs from April 3, 1998, the date of the
information reported on the most recent filing on Schedule 13D, until May 28,
1998 by EGS Associates, Bev Partners and EGS Partners (excluding EGS Overseas)
are set forth in Schedules A, B and C respectively, and were all effected on
the New York Stock Exchange. During such period, Jonas Partners, EGS Overseas
and Messrs. Ehrman, Greenberg, Ketcher, Gerstl, McLaren and Lautman did not
enter into any transactions in the ADRs.
(d) No person other than each respective record owner of ADRs
referred to herein is known to have the right to receive or the power to
direct the receipt of dividends from or the proceeds of sale of such ADRs.
CUSIP No. 893868208 13D Page 16 of 19 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
DATED: May 29, 1998
/s/ William Ehrman
--------------------------------
William Ehrman, individually and as general
partner of each of EGS ASSOCIATES, L.P., BEV
PARTNERS, L.P., JONAS PARTNERS, L.P., and as
member EGS PARTNERS, L.L.C.
/s/ Frederic Greenberg
--------------------------------
Frederic Greenberg, individually and as general
partner of each of EGS ASSOCIATES, L.P., BEV
PARTNERS, L.P., JONAS PARTNERS, L.P., and as
member EGS PARTNERS, L.L.C.
/s/ Frederick Ketcher
--------------------------------
Frederick Ketcher, individually and as general
partner of each of EGS ASSOCIATES, L.P., BEV
PARTNERS, L.P., JONAS PARTNERS, L.P., and as
member EGS PARTNERS, L.L.C.
/s/ Jonas Gerstl
--------------------------------
Jonas Gerstl, individually and as general partner
of each of EGS ASSOCIATES, L.P., BEV PARTNERS,
L.P., JONAS PARTNERS, L.P., and as member EGS
PARTNERS, L.L.C.
/s/ James McLaren
--------------------------------
James McLaren, individually and as general partner
of each of EGS ASSOCIATES, L.P., BEV PARTNERS,
L.P., JONAS PARTNERS, L.P., and as member EGS
PARTNERS, L.L.C.
/s/ William Lautman
--------------------------------
William Lautman, individually and as general
partner of each of EGS ASSOCIATES, L.P., BEV
PARTNERS, L.P., JONAS PARTNERS, L.P., and as
member EGS PARTNERS, L.L.C.
CUSIP No. 893868208 13D Page 17 of 19 Pages
Schedule A
----------
EGS Associates, L.P.
--------------------
Transactions in the ADRs
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
- ------------------------------------------------------------------------
4/06/98 13,000 $7.59
4/09/98 5,000 $7.38
4/14/98 15,000 $7.73
4/16/98 3,000 $7.82
4/20/98 5,000 $7.94
4/24/98 5,000 $7.94
5/11/98 3,000 $7.75
5/19/98 19,200 $7.13
5/21/98 2,000 $6.94
5/22/98 4,500 $6.91
5/27/98 3,000 $7.00
5/27/98 5,000 $6.79
CUSIP No. 893868208 13D Page 18 of 19 Pages
Schedule B
----------
EGS Partners, L.L.C.
--------------------
(excluding EGS Overseas Fund Limited)
Transactions in the ADRs
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
- ------------------------------------------------------------------------
4/07/98 5,000 $7.00
4/07/98 5,000 $7.07
4/21/98 10,000 $8.00
4/22/98 5,000 $7.94
4/23/98 5,000 $7.94
4/27/98 5,000 $7.50
4/27/98 5,000 $7.66
4/28/98 5,000 $7.62
4/29/98 10,000 $7.85
4/30/98 5,000 $7.87
5/01/98 5,000 $7.87
5/08/98 5,000 $7.81
5/12/98 5,000 $7.56
5/18/98 5,000 $7.44
5/19/98 49,350 $7.13
CUSIP No. 893868208 13D Page 19 of 19 Pages
Schedule C
----------
Bev Partners, L.P.
------------------
Transactions in the ADRs
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
- ------------------------------------------------------------------------
4/17/98 8,000 $8.05
5/19/98 6,450 $7.13
(..continued)
