0001383838-13-000016.txt : 20130530
0001383838-13-000016.hdr.sgml : 20130530
20130530131959
ACCESSION NUMBER: 0001383838-13-000016
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20130530
DATE AS OF CHANGE: 20130530
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: CHINA YUCHAI INTERNATIONAL LTD
CENTRAL INDEX KEY: 0000932695
STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510]
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-52249
FILM NUMBER: 13880900
BUSINESS ADDRESS:
STREET 1: 16 RAFFLES QUAY #26-00
STREET 2: HONG LEONG BUILDING
CITY: SINGAPORE
STATE: U0
ZIP: 048581
BUSINESS PHONE: 0116563226220
MAIL ADDRESS:
STREET 1: 16 RAFFLES QUAY #26-00
STREET 2: HONG LEONG BUILDING
CITY: SINGAPORE
STATE: U0
ZIP: 048581
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: SHAH CAPITAL MANAGEMENT
CENTRAL INDEX KEY: 0001383838
IRS NUMBER: 201804775
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 8601 SIX FORKS ROAD
STREET 2: SUITE 630
CITY: RALEIGH
STATE: NC
ZIP: 27615
BUSINESS PHONE: 919 719 6360
MAIL ADDRESS:
STREET 1: 8601 SIX FORKS ROAD
STREET 2: SUITE 630
CITY: RALEIGH
STATE: NC
ZIP: 27615
SC 13D/A
1
schedule13damendedfive.txt
AMENDMENT 5 - 13D/A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.5)
SCHEDULE 13D/A
CHINA YUCHAI INTERNATIONAL
(Name of Issuer)
Common Stock
(Title of Class of Securities)
G21082105
(CUSIP Number)
Shah Capital Management
8601 Six Forks Road, Suite 630
Raleigh, NC 27615
Tel. No.: (919) 719-6360
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 30, 2013
(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 that is the subject of this Schedule
13D, and is filing this schedule because of 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 Rule 13d 7
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).
(1) Names of reporting persons:
Shah Capital Management
(2) Check the appropriate box if a member of a group:
(a)
(b)
(3) SEC use only
(4) Source of funds (see instructions)
OO
(5) Check if disclosure of legal proceedings is required pursuant
to Items 2(d) or 2(e) of Schedule 13D
N/A
(6) Citizenship or place of organization
NORTH CAROLINA
Number of shares beneficially owned by each reporting person with:
(7) Sole voting power
0
(8) Shared voting power
2,221,071
(9) Sole dispositive power
0
(10) Shared dispositive power
2,221,071
(11) Aggregate amount beneficially owned by each reporting person
2,221,071
(12) Check if the aggregate amount in Row (11) excludes certain shares
(see instructions)
N/A
(13) Percent of class represented by amount in Row (11)
5.96%
(14) Type of reporting person (see instructions)
IA
(1) Names of reporting persons:
Shah Capital Opportunity Fund LP
(2) Check the appropriate box if a member of a group:
(a)
(b)
(3) SEC use only
(4) Source of funds (see instructions)
OO
(5) Check if disclosure of legal proceedings is required pursuant
to Items 2(d) or 2(e) of Schedule 13D
N/A
(6) Citizenship or place of organization
DELAWARE
Number of shares beneficially owned by each reporting person with:
(7) Sole voting power
0
(8) Shared voting power
1,710,000
(9) Sole dispositive power
0
(10) Shared dispositive power
1,710,000
(11) Aggregate amount beneficially owned by each reporting person
1,710,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
(see instructions)
N/A
(13) Percent of class represented by amount in Row (11)
4.59%
(14) Type of reporting person (see instructions)
PN
(1) Names of reporting persons:
Himanshu H. Shah
(2) Check the appropriate box if a member of a group:
(a)
(b)
(3) SEC use only
(4) Source of funds (see instructions)
PF
(5) Check if disclosure of legal proceedings is required pursuant
to Items 2(d) or 2(e) of Schedule 13D
N/A
(6) Citizenship or place of organization
UNITED STATES
Number of shares beneficially owned by each reporting person with:
(7) Sole voting power
101,421
(8) Shared voting power
2,322,492
(9) Sole dispositive power
101,421
(10) Shared dispositive power
2,322,492
(11) Aggregate amount beneficially owned by each reporting person
2,322,492
(12) Check if the aggregate amount in Row (11) excludes certain shares
(see instructions)
N/A
(13) Percent of class represented by amount in Row (11)
6.23%
(14) Type of reporting person (see instructions)
IN
SCHEDULE 13D
Item 1. Security and Issuer
Common Stock of CHINA YUCHAI INTERNATIONAL.
CHINA YUCHAI INTERNATIONAL
16 RAFFLES QUAY #26-00
HONG LEONG BLDG
SINGAPORE 048581
Item 2. Identity and Background
(a). Name: SHAH CAPITAL MANAGEMENT.
(b). Business Address: 8601 Six Forks Road, Suite 630, Raleigh, NC 27615
(c). Principal business: Asset management
(d). During the last five years, the reporting person has not been convicted
in a criminal proceeding.
(e). During the last five years, the reporting person has not been a party to
a civil proceeding of a judicial or administrative body of competent
jurisdiction.
(f). N/A
Item 3. Source and Amount of Funds or Other Consideration
In making the purchases of the shares of Common Stock, the reporting person
uses the assets under management.
Item 4. Purpose of the Transaction
The reporting person intends to review its investment in the Issuer
on a continuing basis and in connection therewith, had engaged in
discussions with the Board of Directors, members of management, and/or
other shareholders which discussions included proposing or considering
one or more of the actions described in subsections (a) through (j) of
Item 4 of Schedule 13D. See reporting person's 13D Amendment No. 2
and Amendment No. 3.
The Reporting Person has contacted the issuer recently
to suggest the following strategic points. In communication
with the largest shareholder Hong Leong Asia for a meeting,
the Reporting Person has suggested the following actions:
- Increase China Yuchai International stake in Guangxi Yuchai
Machinery Company Limited (GYMCL) from 76.4% to 100%
- To hire an investment bank to list CYI on the Hong Kong Stock Exchange
- Sell HL Global Enterprises Limited and Thakral Corporation Ltd.
stake completely in the very near future and use the proceeds to buy
extremely undervalued China Yuchai Internationl stock from the open
market
The Reporting Person urges the Board of China Yuchai International
to act promptly in the best interest of all shareholders.
Item 5. Interest in Securities of the Issuer
(a) Aggregate number of shares owned:
(b) Percentage of class of securities owned:
(c) Number of Shares to which reporting person has:
(i) Sole Voting Power
(ii) Shared Voting Power
(iii) Sole Dispositive Power
(iv) Shared Dispositive Power
SCM Shah Capital Opportunity Himanshu
Fund LP
(a) 2,221,071 1,710,000 101,421
(b) 5.96% 4.59% 6.23%
(i) N/A N/A 101,421
(ii) 2,221,071 1,710,000 2,322,492
(iii) N/A N/A 101,421
(iv) 2,221,071 1,710,000 2,322,492
(c) N/A
(d) to (e). Not Applicable
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
Not Applicable
Item 7. Material to be Filed as Exhibits
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.
Date: May 30, 2013
Signature: Himanshu H. Shah/Sd.
Name/Title: Himanshu H. Shah, President and CIO