0000909518-13-000144.txt : 20130516 0000909518-13-000144.hdr.sgml : 20130516 20130516120913 ACCESSION NUMBER: 0000909518-13-000144 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20130516 DATE AS OF CHANGE: 20130516 GROUP MEMBERS: ABAX ARHAT FUND GROUP MEMBERS: ABAX CLAREMONT LTD. GROUP MEMBERS: ABAX GLOBAL CAPITAL GROUP MEMBERS: ABAX GLOBAL CAPITAL (HONG KONG) LTD GROUP MEMBERS: ABAX GLOBAL OPPORTUNITIES FUND GROUP MEMBERS: ABAX LOTUS LTD. GROUP MEMBERS: ABAX UPLAND FUND LLC GROUP MEMBERS: XIANG DONG YANG FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Yang Xiang Dong CENTRAL INDEX KEY: 0001439360 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 38 TAI TAM ROAD STREET 2: BLCOK 4, APT.16B CITY: TAI TAM STATE: K3 ZIP: SAR SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Yongye International, Inc. CENTRAL INDEX KEY: 0001398551 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 208051010 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84050 FILM NUMBER: 13850160 BUSINESS ADDRESS: STREET 1: 6TH FLR, STE 608 XUE YUAN INT'L TOWER STREET 2: NO. 1 ZHICHUN ROAD,HAIDIAN DISTRICT, CITY: BEIJING, STATE: F4 ZIP: 000000 BUSINESS PHONE: 86-10-8232-8866 MAIL ADDRESS: STREET 1: 6TH FLR, STE 608 XUE YUAN INT'L TOWER STREET 2: NO. 1 ZHICHUN ROAD,HAIDIAN DISTRICT, CITY: BEIJING, STATE: F4 ZIP: 000000 FORMER COMPANY: FORMER CONFORMED NAME: Yongye Biotechnology International, Inc. DATE OF NAME CHANGE: 20080415 FORMER COMPANY: FORMER CONFORMED NAME: Golden Tan, Inc DATE OF NAME CHANGE: 20070504 SC 13D/A 1 mm05-1613yi_sc13da4.htm AMENDMENT NO.4 mm05-1613yi_sc13da4.htm

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13D
Under the Securities Exchange Act of 1934
 
(Amendment No. 4)

 
YONGYE INTERNATIONAL, INC.
(Name of Issuer)
 
 
 
Common Stock, Par Value $0.001
(Title of Class of Securities)
 
 
98607B106
(CUSIP Number)
 
 
Richard Yee
Abax Global Capital (Hong Kong) Limited
Two International Finance Centre
Suite 6708, 8 Finance Street, Central
Hong Kong
(852) 3602 1800
 
 
With copies to:
 
 
Akiko Mikumo
Weil, Gotshal & Manges, LLP
29/F, Alexandra House
18 Chater Road, Central
Hong Kong
(852) 3476 9000
 
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
 
 
May 15, 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.  x
 
 
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-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).
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
2
 


CUSIP No.
98607B106
  

 
1.
 
 
NAME OF REPORTING PERSON:  Abax Lotus Ltd.
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)         x
(b)         
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO, AF
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
6.
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
 
7.
 
 
SOLE VOTING POWER
0
 
 
8.
 
 
SHARED VOTING POWER
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
CO
 
 
 
 

 

 
 
3
 


CUSIP No.
98607B106
  
 
 
1.
 
 
NAME OF REPORTING PERSON:  Abax Global Opportunities Fund
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)         x
(b)         
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO, AF
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
6.
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
7.
 
 
SOLE VOTING POWER
0
 
 
8.
 
 
SHARED VOTING POWER
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
CO
 
 
 
 

 
 
4
 


CUSIP No.
98607B106
  
 
 
1.
 
 
NAME OF REPORTING PERSON:  Abax Upland Fund, LLC
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)         x
(b)         
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO, AF
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
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
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
CO
 
 
 

 

 
 
5
 


CUSIP No.
98607B106
  
 
 
1.
 
 
NAME OF REPORTING PERSON:  Abax Arhat Fund
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)         x
(b)         
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO, AF
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
6.
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
7.
 
 
SOLE VOTING POWER
0
 
 
8.
 
 
SHARED VOTING POWER
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
CO
 
 
 
 

 

 
 
6
 


CUSIP No.
98607B106
  
 
 
1.
 
 
NAME OF REPORTING PERSON:  Abax Claremont Ltd.
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)         x
(b)         
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO, AF
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
6.
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
7.
 
 
SOLE VOTING POWER
0
 
 
8.
 
 
SHARED VOTING POWER
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
CO
 

 
 
 

 

 
 
7
 


CUSIP No.
98607B106
  
 
 
1.
 
 
NAME OF REPORTING PERSON:  Abax Global Capital
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)          x
(b)          
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO, AF
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
6.
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
7.
 
 
SOLE VOTING POWER
0
 
 
8.
 
 
SHARED VOTING POWER
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
CO
 
 
 
 

 

 
 
8
 


CUSIP No.
98607B106
  
 
 
1.
 
 
NAME OF REPORTING PERSON:  Abax Global Capital (Hong Kong) Limited
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)          x
(b)          
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO, AF
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
6.
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
7.
 
 
SOLE VOTING POWER
0
 
 
8.
 
 
SHARED VOTING POWER
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
CO
 

 
 

 

 
 
9
 


CUSIP No.
98607B106
  
 
 
1.
 
 
NAME OF REPORTING PERSON:  Xiang Dong Yang
 
 
 
2.
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)          x
(b)          
 
 
3.
 
 
SEC USE ONLY
 
 
 
4.
 
 
SOURCE OF FUNDS
OO
 
 
5.
 
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
 
6.
 
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
7.
 
 
SOLE VOTING POWER
0
 
 
8.
 
 
SHARED VOTING POWER
20,000 (See Item 5)
 
 
9.
 
 
SOLE DISPOSITIVE POWER
0
 
 
10.
 
 
SHARED DISPOSITIVE POWER
20,000 (See Item 5)
 
 
11.
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (See Item 5)
 
 
12.
 
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
 
 
13.
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (See Item 5)
 
 
14.
 
 
TYPE OF REPORTING PERSON
IN
 



 
10
 



This Amendment No. 4 (this “Amendment”) amends the Schedule 13D filed by Abax Lotus Ltd., a Cayman Islands domiciled exempted company (“Abax Lotus”), Abax Global Opportunities Fund, a Cayman Islands domiciled exempted company (“Global Fund”), Abax Upland Fund LLC, a Delaware limited liability company (“Upland”), Abax Arhat Fund, a Cayman Islands domiciled exempted company (“Arhat”), Abax Claremont Ltd., a Cayman Islands domiciled exempted company (“Abax Claremont”), Abax Global Capital, a Cayman Islands domiciled exempted company (“AGC”), Abax Global Capital (Hong Kong) Limited, a Hong Kong company (“Abax HK”), and Xiang Dong Yang, a citizen of Hong Kong (“Mr. Yang”, together with Abax Lotus, Global Fund, Upland, Arhat, Abax Claremont, AGC and Abax HK, each a “Reporting Person” and together the “Reporting Persons”) on October 19, 2012, as amended by Amendment No. 1 filed on December 31, 2012, Amendment No. 2 filed on April 1, 2013 and Amendment No. 3 filed on April 16, 2013 (the “Schedule 13D”). Except as specifically amended by this Amendment, the Schedule 13D remains in full force and effect. Capitalized terms used but not defined in this Amendment have meanings provided in the Schedule 13D.


Item 3.            Source and Amount of Funds or Other Consideration
 
 
Item 3 of the Schedule 13D is hereby amended and supplemented as follows.

On May 15, 2013, the Financing Commitment Letter terminated in accordance with its terms. In connection with the termination, and in light of the suspension of trading of the Issuer’s Common Stock on the Nasdaq Global Select Market, Abax HK, on behalf of certain of the funds managed and/or advised by it and its nominee entities and its and their affiliates, delivered a letter dated May 15, 2013 to Full Alliance (the “Abax Letter”), indicating its continuing interest in pursuing the proposed going private transaction relating to the Issuer as described in the proposal letter delivered to the Board on October 15, 2012, and its intention to re-engage in the going private transaction as soon as the trading suspension is lifted.

The summary of the Abax Letter herein is not intended to be complete and is qualified in its entirety by reference to the full text of the Abax Letter, attached hereto as Exhibit 1.

Item 6.            Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6 of the Schedule 13D is hereby amended and supplemented as follows.

The description in Item 3 of this Amendment is incorporated herein by reference.


Item 7.            Material to Be Filed as Exhibits
 
The following are filed herewith as exhibits to this Amendment:

Exhibit 1
Letter from Abax HK to Full Alliance International Limited, dated May 15, 2013.


 
11
 


 

SIGNATURE

 
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this Amendment is true, complete and correct.
 


Dated: May 16, 2013

 
ABAX LOTUS LTD.
     
     
 
By:
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang
 
Title:
Director
   
   
 
ABAX GLOBAL OPPORTUNITIES
FUND
     
     
 
By:
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang
 
Title:
Director
     
     
 
ABAX UPLAND FUND, LLC
     
     
 
By:
ABAX CLAREMONT LTD. in its capacity as Managing Member
     
     
 
By:
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang
 
Title:
Director
   
   
 
 
 
 
 
 
 
 
 
 
12
 
 
 
 
ABAX ARHAT FUND
 
By:
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang
 
Title:
Director
 
 
ABAX CLAREMONT LTD.
     
     
 
By:
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang
 
Title:
Director
   
   
 
ABAX GLOBAL CAPITAL
     
     
 
By:
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang
 
Title:
Director
 
 
ABAX GLOBAL CAPITAL (HONG
KONG) LIMITED
   
 
By:
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang
 
Title:
Director
   
   
 
XIANG DONG YANG
   
   
 
/s/ Xiang Dong Yang
 
Name:
Xiang Dong Yang


 
 
 
 
 
 
 
 
 
 
13
 EX-99.1 2 mm05-1613yi_sc13da4ex1.htm EX.1 - LETTER FROM ABAX HK TO FULL ALLIANCE INT'L. LTD. mm05-1613yi_sc13da4ex1.htm
 
 
EXHIBIT 1
May 15, 2013
 
Full Alliance International Limited
c/o Suite 608, Xueyuan International Tower
No. 1 Zhichun Road
Haidian District
Beijing, China 100083

Attention:
Mr. Zishen Wu
 
Ms. Xingmei Zhong

Ladies and Gentlemen:
 
Reference is made to the financing commitment letter, dated December 28, 2012, which was amended and restated on April 1, 2013 and further amended on April 16, 2013 (the “Commitment Letter”), issued to Full Alliance International Limited (“Holdco” or “you”) by Abax Global Capital (Hong Kong) Limited, on behalf of funds managed and/or advised by it and its nominee entities and its and their affiliates (“Abax” or “we”), in connection with the proposed going private transaction relating to Yongye International, Inc. (the “Company”).
 
We would like to inform you that Abax remains interested in pursuing the proposed going private transaction described in the proposal letter delivered to the Board of Directors of the Company on October 15, 2012 on the terms and conditions as outlined in our Commitment Letter.
 
Abax continues to be focused on this transaction and will re-engage in the going private transaction as soon as the trading suspension is lifted.
 
Should you have any questions regarding the foregoing, please do not hesitate to contact us.  We look forward to progressing on the transaction.
 

 
 
 


 
 
Very truly yours,
   
 
ABAX GLOBAL CAPITAL (HONG KONG)
LIMITED
   
 
By:
/s/ Donald Yang
 
Name:
Donald Yang
 
Title:
Managing Partner and Chief Investment Officer