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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13D - 1(B), (C) AND (D) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13D - 2(B)
(Amendment No. __*)
MELTRONIX, INC.
(F/K/A MICROELECTRONIC PACKAGING, INC.)
(NAME OF ISSUER)
COMMON STOCK, WITHOUT PAR VALUE
(TITLE OF CLASS OF SECURITIES)
585730-10-4
(CUSIP NUMBER)
OCTOBER 15, 1999
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:
|X| RULE 13D-1(b)
| | RULE 13D-1(c)
|_| RULE 13D-1(d)
*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 THE PURPOSE OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF
1934 ("EXCHANGE 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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CUSIP No. 585730-10-4 13G Page 2 of 5 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON Development Bank of Singapore, Ltd.
INCORPORATED
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) N/A
(b) //
- --------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION: Republic of Singapore
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NUMBER OF 5 SOLE VOTING POWER: 2,308,622 (assuming the conversion by
Development Bank of Singapore, Ltd. of
SHARES 1,154,311 shares of Series A Convertible
Preferred Stock into Common Stock)
BENEFICIALLY -----------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER: 0
-----------------------------------------------------------------
EACH
7 SOLE DISPOSITIVE POWER: 2,308,622 (assuming the conversion
REPORTING by Development Bank of Singapore,
Ltd. of 1,154,311 shares of Series
PERSON WITH A Convertible Preferred Stock into
Common Stock)
-----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER: 0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,308,622
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 17.5%
(assumes the conversion by Development Bank of Singapore, Ltd. of 1,154,311
shares of Series A Convertible Preferred Stock into Common Stock; assuming
the conversion of all of the outstanding Series A Convertible Preferred
Stock into Common Stock, Development Bank of Singapore, Ltd. would own 7.80
percent of the Common Stock)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON: BK
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
2
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ITEM 1. NAME OF ISSUER AND ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
(a) and (b) This statement relates to the Common Stock, without par
value (the "Common Stock"), of Meltronix, Inc., a California corporation (the
"Issuer"), which is issuable upon conversion of the Series A Preferred Stock
("Preferred Stock") of the Issuer. The address of the principal executive
offices of the Issuer is 9577 Chesapeake Drive, San Diego, CA 92123-1304.
ITEM 2. PERSON FILING:
(a)-(c) This statement is being filed by Development Bank of
Singapore, Ltd. ("DBS"), for and on behalf of itself. The principal business
office of DBS is 6 Shenton Way, DBS Building Tower One, Singapore 068809.
(d)-(e) This statement relates to the Common Stock of the Issuer,
without par value. The CUSIP No. for such shares is 585730-10-4. Such stock is
issuable upon the conversion of the Preferred Stock owned by DBS, each share of
which is convertible into two shares of Common Stock.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR
(C), CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or dealer registered under Section 15 of the
Exchange Act
(b) /X/ Bank as defined in Section 3(a)(6) of the Exchange
Act
(c) / / Insurance company as defined in Section 3(a)(19) of
the Exchange Act
(d) / / Investment company registered under Section 8 of the
Investment Company Act of 1940
(e) / / An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E)
(f) / / An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F)
(g) / / A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G)
(h) / / A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act
(i) / / A church plan that is excluded from the definition
of an investment company under Section 3(c)(14) of
the Investment Company Act
(j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(J)
3
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ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
2,308,622
(assuming the conversion by DBS of 1,154,311 shares of Series A
Convertible Preferred Stock into Common Stock)
(b) Percent of Class:
17.5%
(assumes the conversion by DBS of 1,154,311 shares of Series A
Convertible Preferred Stock into Common Stock; assuming the
conversion of all of the outstanding Series A Convertible Preferred
Stock into Common Stock, DBS would own 7.8 percent of the Common
Stock)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
2,308,622
(assuming the conversion by DBS of 1,154,311 shares of Series A
Convertible Preferred Stock into Common Stock)
(ii) shared power to vote or to direct the vote:
0
(iii) sole power to dispose or to direct the disposition of:
2,308,622
(assuming the conversion by DBS of 1,154,311 shares of Series A
Convertible Preferred Stock into Common Stock)
(iv) shared power to dispose or to direct the disposition of:
0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the
date hereof, the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following:
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
N/A
ITEM 10. CERTIFICATION.
(a) N/A
(b) By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
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.
Dated: February 14, 2000
DEVELOPMENT BANK OF SINGAPORE LTD.
By: /s/ Cheo Chat Hong
-------------------------------
Name: Cheo Chat Hong
Title: Managing Director
