SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
TAITRON COMPONENTS INCORPORATED
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(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $.001 PER SHARE
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(Title of Class of Securities)
874028 10 3
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(CUSIP Number)
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* 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 coverage 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 ("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).
Page 1 of 5 Pages
<PAGE>
CUSIP No. 874028 10 3 13G Page 2 of 5 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tzu Sheng Ku
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Paraguay
5 SOLE VOTING POWER
1,216,740
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING 1,216,740
PERSON WITH
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,216,740
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.4%
12 TYPE OF REPORTING PERSON*
in
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 Pages
<PAGE>
ITEM 1(A). NAME OF ISSUER:
Taitron Components Incorporated
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
25202 Anza Drive
Santa Clarita, California 91355
ITEM 2(A). NAME OF PERSON FILING:
Tzu Sheng Ku
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Principal Business Office:
Calle Rubio NU No. 176
Cuidad Del Este, Paraguay
ITEM 2(C). CITIZENSHIP:
Paraguay
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Class A Common Stock, par value $0.001 per share
ITEM 2(E). CUSIP NUMBER:
874028 10 3
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
Page 3 of 5 Pages
<PAGE>
ITEM 4. OWNERSHIP.
ITEM 4(A) AMOUNT BENEFICIALLY OWNED:
1,216,740
ITEM 4(B) PERCENT OF CLASS:
21.4%
ITEM 4(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
ITEM 4(I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
1,216,740
ITEM 4(II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
0
ITEM 4(III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
1,216,740
ITEM 4(IV) SHARE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Of the 1,216,740 shares of Class A Common Stock reported herein
as being beneficially owned by Tzu Sheng Ku, 81,962 shares are owned of record
by Mr. Ku's wife and 178,180 shares are owned of record by Mr. Ku's four minor
children and includes 3,333 shares of Class A Common Stock underlying options
that are, or will within 60 days of the date hereof be, exercisable. As of May
11, 1996, Mr. Ku no longer had voting control of Supreme Forward Limited and
Wonder Ford Limited.
Page 4 of 5 Pages
<PAGE>
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATION.
Not Applicable
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.
February 11, 1998
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(Date)
/s/ Tzu Sheng Ku
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(Signature)
Tzu Sheng Ku
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(Name/Title)
Page 5 of 5 Pages
