UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
LanguageWare.net (Company) Ltd.
(Name of Issuer)
Ordinary Shares, NIS .01 nominal value per share
(Title of Class of Securities)
MO1575105
(CUSIP Number)
January 14, 2000
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[ ] Rule 13d-1(b)
[X] 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 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 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 6 Pages
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SCHEDULE 13G
CUSIP No. MO1575105 Page 2 of 6 Pages
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
KRDL Holdings Pte Ltd.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Singapore
NUMBER OF 5 SOLE VOTING POWER
SHARES 6,420,249
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY None
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 6,420,249
PERSON 8 SHARED DISPOSITIVE POWER
WITH None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,420,249
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * / /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7%
12 TYPE OF REPORTING PERSON *
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
ITEM 1(A). NAME OF ISSUER
LanguageWare.net (Company) Ltd. ("Issuer")
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
28 Pierre Koenig Street
Jerusalem 91530 Israel
ITEM 2(A). NAME OF PERSONS FILING
KRDL Holdings Pte Ltd. ("KRDL")
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICES OR, IF NONE, RESIDENCE
The principal business office of KRDL is located at:
21 Heng Mui Keng Terrace
Singapore 119613
ITEM 2(C). CITIZENSHIP
Singapore
ITEM 2(D). TITLE OF CLASS OF SECURITIES
Ordinary Shares, NIS .01 nominal value per share (the "Shares")
ITEM 2(E). CUSIP NUMBER
MO157505
Page 3 of 6 Pages
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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) [ ] Bank as defined in Section 3(a)(6) of the
Exchange Act;
(c) [ ] Insurance company defined in Section 3(a)(19)
of the Exchange Act;
(d) [ ] Investment company registered under Section 8
of the Investment Company Act;
(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).
If this statement is filed pursuant to Rule 13d-1(c),
check this box. [X]
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned
6,420,249
(b) Percent of Class
As determined pursuant to Rule 13d-3 of the Act,
KRDL may be deemed to be the beneficial owner of 6,420,249 Shares
of the Issuer, which constitute approximately 9.7% of the
outstanding Shares. According to the Issuer, 66,314,109 Shares
were outstanding as of January 14, 2000.
(c) Number of shares as to which such person has:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE
6,420,249
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE
None
(iii)SOLE POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF
6,420,249
Page 4 of 6 Pages
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(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF
None
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 [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
Not Applicable
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. CERTIFICATIONS
By signing below each of the undersigned certifies
that, to the best of his or its 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.
Page 5 of 6 Pages
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SIGNATURES
After reasonable inquiry and to the best of each of the
undersigned's respective knowledge and belief, each of the
undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: January 24, 2000
KRDL Holdings Pte Ltd.
By: /s/ Koh Thye Kim
Name: Koh Thye Kim
Title: General Manager
Page 6 of 6 Pages
