0001144204-14-001014.txt : 20140107
0001144204-14-001014.hdr.sgml : 20140107
20140107161641
ACCESSION NUMBER: 0001144204-14-001014
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20140107
DATE AS OF CHANGE: 20140107
GROUP MEMBERS: BRANDES INVESTMENT PARTNERS, INC.
GROUP MEMBERS: BRANDES WORLDWIDE HOLDINGS, L.P.
GROUP MEMBERS: CHARLES H. BRANDES
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Homex Development Corp.
CENTRAL INDEX KEY: 0001293153
STANDARD INDUSTRIAL CLASSIFICATION: GEN BUILDING CONTRACTORS - RESIDENTIAL BUILDINGS [1520]
IRS NUMBER: 000000000
STATE OF INCORPORATION: O5
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-80427
FILM NUMBER: 14513777
BUSINESS ADDRESS:
STREET 1: ANDADOR JAVIER MINA 891-B
STREET 2: COLONIA CENTRO SINALOA
CITY: CULIAC?N
STATE: O5
ZIP: 80200
BUSINESS PHONE: 52 667 758 5800
MAIL ADDRESS:
STREET 1: ANDADOR JAVIER MINA 891-B
STREET 2: COLONIA CENTRO SINALOA
CITY: CULIAC?N
STATE: O5
ZIP: 80200
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: BRANDES INVESTMENT PARTNERS, LP
CENTRAL INDEX KEY: 0001015079
IRS NUMBER: 330704072
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 11988 EL CAMINO REAL
STREET 2: SUITE 500
CITY: SAN DIEGO
STATE: CA
ZIP: 92130
BUSINESS PHONE: 8587550239
MAIL ADDRESS:
STREET 1: 11988 EL CAMINO REAL
STREET 2: SUITE 500
CITY: SAN DIEGO
STATE: CA
ZIP: 92130
FORMER COMPANY:
FORMER CONFORMED NAME: BRANDES INVESTMENT PARTNERS LLC
DATE OF NAME CHANGE: 20021203
FORMER COMPANY:
FORMER CONFORMED NAME: BRANDES INVESTMENT PARTNERS L P
DATE OF NAME CHANGE: 19990325
SC 13G/A
1
v364842_sc13ga.txt
SC 13G/A
Page 1 of 12
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1) *
Homex Development Corp.
--------------------------------------------------------------------------------
(Name of Issuer)
American Depository Receipts and Common Shares
--------------------------------------------------------------------------------
(Title of Class of Securities)
25030W100
--------------------------------------------
(CUSIP Number)
December 31, 2013
--------------------------------------------------------------------------------
(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 ("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).
SEC 1745 (3-98)
Page 2 of 12
CUSIP No. 25030W100
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1. Names of Reporting Persons. Brandes Investment Partners, L.P.
I.R.S. Identification Nos. of above persons (entities only).
33-0704072
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
--------------------------------------------------------------------------------
Number of 5. Sole Voting Power
Shares Bene- ----------------------------------------------------------
ficially owned 6. Shared Voting Power 648,680 ADRs and 33,410,482 ORDs
by Each ----------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With: ----------------------------------------------------------
8. Shared Dispositive Power
668,369 ADRs and 39,068,791 ORDs
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
668,369 ADRs and 39,068,791 ORDs
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) |_|
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 12.83%
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IA, PN
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Page 3 of 12
CUSIP No. 25030W100
--------------------------------------------------------------------------------
1. Names of Reporting Persons. Brandes Investment Partners, Inc.
I.R.S. Identification Nos. of above persons (entities only).
33-0090873
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization California
--------------------------------------------------------------------------------
Number of 5. Sole Voting Power
Shares Bene- ----------------------------------------------------------
ficially owned 6. Shared Voting Power 648,680 ADRs and 33,410,482 ORDs
by Each ----------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With: ----------------------------------------------------------
8. Shared Dispositive Power
668,369 ADRs and 39,068,791 ORDs
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
668,369 ADR and 39,068,791 ORD shares are deemed to be
beneficially owned by Brandes Investment Partners, Inc.,
as a control person of the investment adviser. Brandes
Investment Partners, Inc. disclaims any direct ownership
of the shares reported in this Schedule 13G, except for
an amount that is substantially less than one per cent
of the number of shares reported herein.
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) |_|
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 12.83%
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) CO, OO (Control Person)
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Page 4 of 12
CUSIP No. 25030W100
--------------------------------------------------------------------------------
1. Names of Reporting Persons. Brandes Worldwide Holdings, L.P.
I.R.S. Identification Nos. of above persons (entities only).
33-0836630
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
--------------------------------------------------------------------------------
Number of 5. Sole Voting Power
Shares Bene- ----------------------------------------------------------
ficially owned 6. Shared Voting Power 648,680 ADRs and 33,410,482 ORDs
by Each ----------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With: ----------------------------------------------------------
8. Shared Dispositive Power
668,369 ADRs and 39,068,791 ORDs
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
668,369 ADR and 39,068,791 ORD shares are deemed to be
beneficially owned by Brandes Worldwide Holdings, L.P.,
as a control person of the investment adviser. Brandes
Worldwide Holdings, L.P. disclaims any direct ownership
of the shares reported in this Schedule 13G.
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) |_|
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 12.83%
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) PN, OO (Control Person)
--------------------------------------------------------------------------------
Page 5 of 12
CUSIP No. 25030W100
--------------------------------------------------------------------------------
1. Names of Reporting Persons. Charles H. Brandes
I.R.S. Identification Nos. of above persons (entities only).
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization USA
--------------------------------------------------------------------------------
Number of 5. Sole Voting Power
Shares Bene- ----------------------------------------------------------
ficially owned 6. Shared Voting Power 648,680 ADRs and 33,410,482 ORDs
by Each ----------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With: ----------------------------------------------------------
8. Shared Dispositive Power
668,369 ADRs and 39,068,791 ORDs
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
668,369 ADR and 39,068,791 ORD shares are deemed to be
beneficially owned by Charles H. Brandes, a control
person of the investment adviser. Mr. Brandes disclaims
any direct ownership of the shares reported in this
Schedule 13G, except for an amount that is substantially
less than one per cent of the number of shares reported
herein.
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) |_|
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 12.83%
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN, OO (Control Person)
--------------------------------------------------------------------------------
Page 6 of 12
Item 1(a) Name of Issuer:
Homex Development Corp.
Item 1(b) Address of Issuer's Principal Executive Offices:
Boulevard Alfonso Zaragoza Maytorena #2204, Fraccionamiento
Bonanza. Culiacan, Sinaloa, Mexico, 80020
Item 2(a) Name of Person Filing:
(i) Brandes Investment Partners, L.P.
(ii) Brandes Investment Partners, Inc.
(iii) Brandes Worldwide Holdings, L.P.
(iv) Charles H. Brandes
Item 2(b) Address of Principal Business office or, if None, Residence:
(i) 11988 El Camino Real, Suite 500, San Diego, CA 92130
(ii) 11988 El Camino Real, Suite 500, San Diego, CA 92130
(iii) 11988 El Camino Real, Suite 500, San Diego, CA 92130
(iv) 11988 El Camino Real, Suite 500, San Diego, CA 92130
Item 2(c) Citizenship
(i) Delaware
(ii) California
(iii) Delaware
(iv) USA
Page 7 of 12
Item 2(d) Title of Class Securities:
American Depository Receipts and Common Shares
Item 2(e) CUSIP Number:
25030W100
Item 3. If this statement is filed pursuant to ss.ss. 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) |_| Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) |_| Insurance company as defined in section 3(a)(19) of the
Act (15 U.S.C. 78c).
(d) |_| Investment company registered under section 8 of the
Investment Company Act (15 U.S.C. 80a-8).
(e) |_| An investment adviser in accordance with
ss. 240.13d-1(b)(1)(ii)(E).
(f) |_| An employee benefit plan or endowment fund in accordance
with ss. 240.13d-1(b)(ii)(F).
(g) |_| A parent holding company or control person in accordance
with ss. 240.13d-1(b)(1)(ii)(G).
(h) |_| A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813).
(i) |_| A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j) |X| Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).
This statement is filed by Brandes Investment Partners, L.P., an
investment adviser registered under the Investment Advisers Act of
1940, its control persons and its holding company. (See, also,
Exhibit A.)
Item 4. Ownership:
(a) Amount Beneficially Owned: 668,369 ADRs and 39,068,791 ORDs
(b) Percent of Class: 12.83%
(c) Number of shares as to which the joint filers have:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the
vote: 648,680 ADRs and 33,410,482 ORDs
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose or to direct the
disposition of: 668,369 ADRs and 39,068,791 ORDs
Page 8 of 12
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 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.
See Exhibit A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification:
(a) The following certification shall be included if the
statement is filed pursuant to ss. 240.13d-1(b):
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were
acquired and held in the ordinary course of business and
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.
Date: January 7, 2014
BRANDES INVESTMENT PARTNERS, L.P.
By: /s/ Ian Rose
--------------------------------------
Ian Rose as Attorney-In-Fact for
Charles H. Brandes, President of
Brandes Investment Partners, Inc., its
General Partner
Page 9 of 12
BRANDES INVESTMENT PARTNERS, INC.
By: /s/ Ian Rose
-----------------------------------------
Ian Rose as Attorney-In-Fact for
Charles H. Brandes, President
BRANDES WORLDWIDE HOLDINGS, L.P.
By: /s/ Ian Rose
-----------------------------------------
Ian Rose as Attorney-In-Fact for
Charles H. Brandes, President of
Brandes Investment Partners, Inc., its General Partner
By: /s/ Ian Rose
-----------------------------------------
Ian Rose as Attorney-In-Fact for
Charles H. Brandes, Control Person
Page 10 of 12
EXHIBIT A
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
---------------------------------------------------------
Pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-1(k)(1) under the Securities and
Exchange Act of 1934, the members of the group making this joint filing are
identified and classified as follows:
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NAME CLASSIFICATION
--------------------------------------------------------------------------------
Brandes Investment Partners, L.P. Investment adviser registered under
(the "Investment Adviser") Investment Advisers Act of 1940
--------------------------------------------------------------------------------
Brandes Investment Partners, Inc. A control person of the Investment
Adviser
--------------------------------------------------------------------------------
Brandes Worldwide Holdings, L.P. A control person of the Investment
Adviser
--------------------------------------------------------------------------------
Charles H. Brandes A control person of the Investment
Adviser
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Page 11 of 12
EXHIBIT B
JOINT FILING AGREEMENT PURSUANT TO RULE 13D-1
This agreement is made pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-1(k)(1)
under the Securities and Exchange Act of 1934 (the "Act") by and among the
parties listed below, each referred to herein as a "Joint Filer." The Joint
Filers agree that a statement of beneficial ownership as required by Sections
13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their
behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint
filing may thereafter be amended by further joint filings. The Joint Filers
state that they each satisfy the requirements for making a joint filing under
Rule 13d-1.
Dated: January 7, 2014
BRANDES INVESTMENT PARTNERS, L.P.
By: /s/ Charles H. Brandes
----------------------
Charles H. Brandes, President of
Brandes Investment Partners, Inc.,
its General Partner
BRANDES INVESTMENT PARTNERS, INC.
By: /s/ Charles H. Brandes
----------------------
Charles H. Brandes, President
BRANDES WORLDWIDE HOLDINGS, L.P.
By: /s/ Charles H. Brandes
----------------------
Charles H. Brandes, President of
Brandes Investment Partners, Inc.,
its General Partner
By: /s/ Charles H. Brandes
----------------------
Charles H. Brandes, Control Person
Page 12 of 12
EXHIBITS
Exhibit C is incorporated by reference to Exhibit B of Schedule 13D for
AsiaInfo-Linkage Inc. filed August 7, 2013.
Exhibit D is incorporated by reference to Exhibit C of Schedule 13D for
AsiaInfo-Linkage Inc. filed August 7, 2013.