SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5 )*
Corporate Renaissance Group, Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
220033104
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(CUSIP Number)
David B. Hertzog, Esq., Hertzog, Calamari & Gleason,
100 Park Avenue, New York, NY 10017 (212) 481-9500
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
April 21, 1998
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(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 13D, and is filing this schedule
because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box .
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*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
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose 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).
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Page 2 of 4 Pages
Item 1. Security and Issuer.
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No change.
Item 2. Identity and Background.
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No change.
Item 3. Source and Amount of Funds or Other Consideration.
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No change.
Item 4. Purpose of Transaction.
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On March 25, 1998, the Reporting Persons, as represented by Kass,
furnished a letter to management of the Company for the purpose of seeking
appropriate responses from such management with respect to the concerns of the
Reporting Persons relating to the poor performance of the Company. On April 3,
1998, management of the Company issued a letter to Kass purportedly in response
to the concerns contained in the letter of March 25, 1998. Based on that
response, Curators Partners has, as of the date hereof, requested a list of the
Company's stockholders from the Company so that the Reporting Persons, as
represented by Kass, may communicate their concerns and address appropriate
action with certain of such stockholders.
The Reporting Persons, depending upon the outcome of such
communications, may or may not acquire additional shares of Common Stock or take
other actions. Alternatively, the Reporting Persons may determine to sell or
otherwise dispose of some or all of the shares of the Common Stock owned by
them, depending upon a continued assessment of such communications or other
developments. In making any such determinations, the Reporting Persons will
consider their goals and objectives, other investment opportunities available to
them, as well as other factors.
The foregoing actions may be taken by one or more of the Reporting
Persons and, while currently there are no plans to do so, possibly in
combination with others. The Reporting Persons may also consider whether or not
other stockholders of the Company will become members of their group.
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Page 3 of 4 Pages
Except as set forth herein, the Reporting Persons have no plans or
proposals to engage in any transactions involving the Company or the securities
of the Company, as set forth in Items 4(a)-(j) of the form of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
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No change.
Item 6. Contracts, Arrangements, Understandings or
- ------ Relationships with Respect to Securities of the
Issuer.
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No change.
Item 7. Material to be Filed as Exhibits.
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None.
<PAGE>
Page 4 of 4 Pages
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
April 21, 1998
Curators Partners, L.P.
By: Curators Fund Management, L.P., General Partner
By: Kass Fund Management, Inc., General Partner
By: Walter Kass
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Walter Kass, President
Curators Capital Management, Inc.
By: Walter Kass
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Walter Kass, President
Walter Kass
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Walter Kass
