0001193125-12-055438.txt : 20120213 0001193125-12-055438.hdr.sgml : 20120213 20120213125555 ACCESSION NUMBER: 0001193125-12-055438 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120213 DATE AS OF CHANGE: 20120213 GROUP MEMBERS: ALTIVO INVESTMENTS LTD GROUP MEMBERS: BUTTON SOFTWARE LTD. GROUP MEMBERS: CHRIS SHUNING CHEN GROUP MEMBERS: CREDIT SUISSE TRUST LTD AS TRUSTEE OF THE ALTIVO TRUST GROUP MEMBERS: TAIRON INVESTMENT LTD FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHEN CHRIS SHUNING CENTRAL INDEX KEY: 0001425959 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 3/F, BUILDING 8 STREET 2: ZHONGGUANCUN SOFTWARE PARK CITY: HAIDIAN DISTRICT, BEIJING STATE: F4 ZIP: 100094 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VanceInfo Technologies Inc. CENTRAL INDEX KEY: 0001417961 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-83659 FILM NUMBER: 12597173 BUSINESS ADDRESS: STREET 1: 3/F, BUILDING 8 STREET 2: ZHONGGUANCUN SOFTWARE PARK, HAIDIAN DIST CITY: BEIJING STATE: F4 ZIP: 100094 BUSINESS PHONE: (86-10) 8282-5266 MAIL ADDRESS: STREET 1: 3/F, BUILDING 8 STREET 2: ZHONGGUANCUN SOFTWARE PARK, HAIDIAN DIST CITY: BEIJING STATE: F4 ZIP: 100094 SC 13G/A 1 d299949dsc13ga.htm SCHEDULE 13G/AMENDMENT NO. 3 Schedule 13G/Amendment No. 3

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

 

 

VanceInfo Technologies Inc.

(Name of issuer)

 

 

 

Ordinary Shares

(Title of class of securities)

 

G9319E 109

(CUSIP number)

 

December 31, 2011

(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)

¨ Rule 13d-1(c)

x 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).

 

 

 


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 2 of 11 Pages

 

  (1)   

Names of reporting persons

 

Chris Shuning Chen

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  x        (b)  ¨

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

The People’s Republic of China

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

136,478 ordinary shares

   (6)   

Shared voting power

 

3,830,420 ordinary shares

   (7)   

Sole dispositive power

 

136,478 ordinary shares

   (8)   

Shared dispositive power

 

3,830,420 ordinary shares    

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

3,966,898 ordinary shares

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

8.8%*

(12)

 

Type of reporting person (see instructions)

 

IN

 

* based on the 44,714,963 ordinary shares outstanding as of December 31, 2011, 3,978 ordinary shares issuable pursuant to restricted share units that are to be vested within 60 days of December 31, 2011, and options to purchase a total of 195,000 ordinary shares issuable upon the exercise of options once vested.


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 3 of 11 Pages

 

  (1)   

Names of reporting persons

 

Button Software Ltd.

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  x        (b)  ¨

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

British Virgin Islands

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

3,830,420 ordinary shares

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

3,830,420 ordinary shares

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

3,830,420 ordinary shares

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

8.6%*

(12)

 

Type of reporting person (see instructions)

 

CO

 

* based on the 44,714,963 ordinary shares outstanding as of December 31, 2011 and options to purchase a total of 62,500 ordinary shares issuable upon the exercise of options once vested.


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 4 of 11 Pages

 

  (1)   

Names of reporting persons

 

TAIRON INVESTMENT LIMITED

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  x        (b)  ¨

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

British Virgin Islands

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

3,830,420 ordinary shares

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

3,830,420 ordinary shares

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

3,830,420 ordinary shares

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

8.6%*

(12)

 

Type of reporting person (see instructions)

 

CO

 

* based on the 44,714,963 ordinary shares outstanding as of December 31, 2011 and options to purchase a total of 62,500 ordinary shares issuable upon the exercise of options once vested.


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 5 of 11 Pages

 

  (1)   

Names of reporting persons

 

ALTIVO INVESTMENTS LIMITED

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  x        (b)  ¨

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

Bahamas

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

3,830,420 ordinary shares

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

3,830,420 ordinary shares

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

3,830,420 ordinary shares

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

8.6%*

(12)

 

Type of reporting person (see instructions)

 

CO

 

* based on the 44,714,963 ordinary shares outstanding as of December 31, 2011 and options to purchase a total of 62,500 ordinary shares issuable upon the exercise of options once vested.


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 6 of 11 Pages

 

  (1)   

Names of reporting persons

 

CREDIT SUISSE TRUST LIMITED AS TRUSTEE OF THE ALTIVO TRUST

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  x        (b)  ¨

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

Singapore

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

3,830,420 ordinary shares

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

3,830,420 ordinary shares

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

3,830,420 ordinary shares

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

8.6%*

(12)

 

Type of reporting person (see instructions)

 

OO

 

* based on the 44,714,963 ordinary shares outstanding as of December 31, 2011 and options to purchase a total of 62,500 ordinary shares issuable upon the exercise of options once vested.


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 7 of 11 Pages

 

ITEM 1(a). NAME OF ISSUER:

VanceInfo Technologies Inc. (the “Issuer”)

 

ITEM 1(b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

3/F, Building 8, Zhongguancun Software Park,

Haidian District, Beijing 100193,

People’s Republic of China

 

ITEM 2(a). NAME OF PERSON FILING:

Chris Shuning Chen

Button Software Ltd.

TAIRON INVESTMENT LIMITED

ALTIVIO INVESTMENTS LIMITED

CREDIT SUISSE TRUST LIMITED AS TRUSTEE OF THE ALTIVO TRUST

 

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:

CHRIS SHUNING CHEN:

3/F, Building 8, Zhongguancun Software Park,

Haidian District, Beijing 100193,

People’s Republic of China

BUTTON SOFTWARE LTD.:

OMC Chambers, P.O. Box 3152,

Road Town, Tortola,

British Virgin Islands

TAIRON INVESTMENT LIMITED:

Room 502, No. 6 Unit, No. 9 Building, No. 2 Area,

6 North DongShiHuan Road, Chao Yang District,

100011, Beijing, PRC

ALTIVIO INVESTMENTS LIMITED:

The Bahamas Financial Centre,

Shirley & Charlotte Streets, P.O. Box N-3023,

Nassau, Bahamas

CREDIT SUISSE TRUST LIMITED AS TRUSTEE OF THE ALTIVO TRUST:

c/o Credit Suisse Trust Limited,

1 Raffles Link #05-02 Singapore 039393

 


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 8 of 11 Pages

 

ITEM 2(c) CITIZENSHIP:

Mr. Chen – the People’s Republic of China

BUTTON SOFTWARE LTD. and TAIRON INVESTMENT LIMITED – British Virgin Islands

ALTIVO INVESTMENTS LIMITED – Bahamas

CREDIT SUISSE TRUST LIMITED AS TRUSTEE OF THE ALTIVO TRUST – Singapore

 

ITEM 2(d). TITLE OF CLASS OF SECURITIES:

Ordinary Shares

 

ITEM 2(e). CUSIP NUMBER:

G9319E 109

 

ITEM 3. Not Applicable

 

ITEM 4. OWNERSHIP:

The following information with respect to the ownership of the Ordinary Shares of the issuer by the Reporting Person is provided as of December 31, 2011:

 

September 30, September 30, September 30, September 30, September 30, September 30,

Reporting Person

  Amount
beneficially
owned:
    Percent of
class:
    Sole power
to vote or
direct
the vote:
    Shared
power to
vote or to
direct

the vote:
    Sole power to
dispose or to
direct the
disposition of:
    Shared power
to dispose or to
direct the
disposition of:
 

CHIRS SHUNING CHEN

    3,966,898        8.8     136,478        3,830,420        136,478        3,830,420   

BUTTON SOFTWARE LTD.

    3,830,420        8.6     0        3,830,420        0        3,830,420   

TAIRON INVESTMENT LIMITED

    3,830,420        8.6     0        3,830,420        0        3,830,420   

ALTIVO INVESTMENTS LIMITED

    3,830,420        8.6     0        3,830,420        0        3,830,420   

CREDIT SUISSE TRUST LIMITED AS TRUSTEE OF THE ALTIVO TRUST

    3,830,420        8.6     0        3,830,420        0        3,830,420   

Mr. Chen may be deemed to be the beneficial owner of 3,978 ordinary shares issuable pursuant to restricted share units that are to be vested within 60 days of December 31, 2011 and 132,500 ordinary shares of the Issuer issuable upon the exercise of the options held by him.


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 9 of 11 Pages

BUTTON SOFTWARE LTD., of which Mr. Chen is the sole director, holds 2,517,920 ordinary shares of the Issuer and is the beneficial owner of 712,500 American Depositary Shares, each representing one ordinary share of the Issuer. TAIRON INVESTMENT LIMITED, of which Mr. Chen is the sole director, is the beneficial owner of 537,500 American Depositary Shares and also may be deemed to be the beneficial owner of 62,500 ordinary shares of the Issuer issuable upon the exercise of the options held by it. BUTTON SOFTWARE LTD. and TAIRON INVESTMENT LIMITED are 100% owned by ALTIVO INVESTMENTS LIMITED, which in turn is wholly owned by THE ALTIVO TRUST, of which CREDIT SUISSE TRUST LIMITED acts as the trustee. Mr. Chen, BUTTON SOFTWARE LTD., TAIRON INVESTMENT LIMITED, ALTIVIO INVESTMENTS LIMITED, and CREDIT SUISSE TRUST LIMITED AS TRUSTEE OF THE ALTIVO TRUST may be deemed to be a group for the ordinary shares as defined in Rule 13d-5(b) under the Securities Exchange Act of 1934, and each member of such group may be deemed to beneficially own the ordinary shares beneficially owned by the other members constituting such group.

CREDIT SUISSE TRUST LIMITED disclaims beneficial ownership of the ordinary shares. The filing of this Schedule 13G should not be deemed an admission that CREDIT SUISSE TRUST LIMITED is the beneficial owner of such ordinary shares for any purpose.

 

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:

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. CERTIFICATION:

Not applicable


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 10 of 11 Pages

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 13, 2012

 

CHRIS SHUNING CHEN     By:  

/s/ Chris Shuning Chen

      Chris Shuning Chen
BUTTON SOFTWARE LTD.     By:  

/s/ Chris Shuning Chen

      Name: Chris Shuning Chen
      Title: Director
TAIRON INVESTMENT LIMITED     By:  

/s/ Chris Shuning Chen

      Name: Chris Shuning Chen
      Title: Director
ALTIVO INVESTMENTS LIMITED     By:  

/s/ Dominik Birri, Serene Chew

     

Name: Dominik Birri/Serene Chew

      Authorized Signatories
      For and on behalf of Bukit Merah Limited
      Title: Corporate Director
CREDIT SUISSE TRUST LIMITED      
AS TRUSTEE OF THE ALTIVO TRUST     Credit Suisse Trust Limited in its
    capacity of Trustee of The Altivo Trust
    By:  

/s/ Dominik Birri

      Name: Dominik Birri
      Title: Authorized Signatory
    By:  

/s/ Serene Chew

      Name: Serene Chew
      Title: Authorized Signatory


SCHEDULE 13G

 

CUSIP No. G9319E 109   Page 11 of 11 Pages

LIST OF EXHIBITS

 

Exhibit No.

  

Description

A    Joint Filing Agreement
EX-99.A 2 d299949dex99a.htm EXHIBIT A Exhibit A

EXHIBIT A: Joint Filing Agreement

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Ordinary Shares, par value $0.001 per share, of VanceInfo Technologies Inc., a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

[Remainder of this page has been left intentionally blank.]


Signature Page

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 13, 2012.

 

CHRIS SHUNING CHEN     By:  

/s/ Chris Shuning Chen

      Chris Shuning Chen
BUTTON SOFTWARE LTD.     By:  

/s/ Chris Shuning Chen

      Name: Chris Shuning Chen
      Title: Director
TAIRON INVESTMENT LIMITED     By:  

/s/ Chris Shuning Chen

      Name: Chris Shuning Chen
      Title: Director
ALTIVO INVESTMENTS LIMITED     By:  

/s/ Dominik Birri, Serene Chew

     

Name: Dominik Birri/Serene Chew

      Authorized Signatories
      For and on behalf of Bukit Merah Limited
      Title: Corporate Director
CREDIT SUISSE TRUST LIMITED      
AS TRUSTEE OF THE ALTIVO TRUST    

Credit Suisse Trust Limited in its

capacity of Trustee of The Altivo Trust

    By:  

/s/ Dominik Birri

      Name: Dominik Birri
      Title: Authorized Signatory
    By:  

/s/ Serene Chew

      Name: Serene Chew
      Title: Authorized Signatory