0000899243-16-028993.txt : 20160914 0000899243-16-028993.hdr.sgml : 20160914 20160914192758 ACCESSION NUMBER: 0000899243-16-028993 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160526 FILED AS OF DATE: 20160914 DATE AS OF CHANGE: 20160914 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EMERSON RADIO CORP CENTRAL INDEX KEY: 0000032621 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 223285224 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 3 UNIVERSITY PLAZA STREET 2: SUITE 405 CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 9738845800 MAIL ADDRESS: STREET 1: 3 UNIVERSITY PLAZA STREET 2: SUITE 405 CITY: HACKENSACK STATE: NJ ZIP: 07601 FORMER COMPANY: FORMER CONFORMED NAME: MAJOR ELECTRONICS CORP DATE OF NAME CHANGE: 19770921 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ho Family Trust CENTRAL INDEX KEY: 0001336945 STATE OF INCORPORATION: D8 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07731 FILM NUMBER: 161886063 BUSINESS ADDRESS: STREET 1: 146 ROBINSON ROAD, #01-01 CITY: SINGAPORE STATE: U0 ZIP: 068909 BUSINESS PHONE: 011-65-6221-0010 MAIL ADDRESS: STREET 1: 146 ROBINSON ROAD, #01-01 CITY: SINGAPORE STATE: U0 ZIP: 068909 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Accolade (PTC) Inc. CENTRAL INDEX KEY: 0001680686 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07731 FILM NUMBER: 161886064 BUSINESS ADDRESS: STREET 1: C/O 12TH FLOOR, THE GRANDE BUILDING STREET 2: 398 KWUN TONG ROAD CITY: KOWLOON STATE: K3 ZIP: NONE BUSINESS PHONE: (852) 9774 3970 MAIL ADDRESS: STREET 1: C/O 12TH FLOOR, THE GRANDE BUILDING STREET 2: 398 KWUN TONG ROAD CITY: KOWLOON STATE: K3 ZIP: NONE 3 1 doc3.xml FORM 3 SUBMISSION X0206 3 2016-05-26 0 0000032621 EMERSON RADIO CORP MSN 0001680686 Accolade (PTC) Inc. 398 KWUN TONG ROAD KOWLOON K3 068909 HONG KONG 0 0 1 0 0001336945 Ho Family Trust 398 KWUN TONG ROAD KOWLOON K3 068909 HONG KONG 0 0 1 0 Common Stock, $0.01 par value per share 15243283 I See Footnotes These shares are owned directly by S&T International Distribution Ltd., which is a wholly owned subsidiary of Grande N.A.K.S. Ltd., which is a wholly owned subsidiary of The Grande Holdings Limited. On May 26, 2016, liquidation proceedings concerning The Grande Holdings Limited were permanently stayed and the attendant Joint and Several Provisional Liquidators over The Grande Holdings Limited were released and discharged, The Grande Holdings Limited fulfilled all of the resumption conditions imposed on The Grande Holdings Limited by The Stock Exchange of Hong Kong Limited and The Grande Holdings Limited made application to The Stock Exchange of Hong Kong Limited for the resumption of trading in its shares on The Stock Exchange of Hong Kong Limited with effect from May 30, 2016. As a result of the foregoing, Sino Bright Enterprises Co., Ltd., Grosvenor Fair Limited, Barrican Investments Corporation, McVitie Capital Limited and The Ho Family Trust Limited directly hold approximately 73.65%, in the aggregate, of The Grande Holdings Limited. McVitie Capital Limited is a wholly owned subsidiary of Barrican Investments Corporation, and was acquired by Barrican Investments Corporation on June 28, 2016. McVitie Capital Limited holds approximately 1.275% of The Grande Holdings Limited. Barrican Investments Corporation is a wholly owned subsidiary of Airwave Capital Limited. Sino Bright Enterprises Co., Ltd., Grosvenor Fair Limited and Airwave Capital Limited are wholly owned subsidiaries of The Ho Family Trust Limited. The Ho Family Trust Limited is a wholly owned subsidiary of the Ho Family Trust. Accolade (PTC) Inc. is the trustee of the Ho Family Trust. Grande N.A.K.S. Ltd., The Grande Holdings Limited, Sino Bright Enterprises Co., Ltd., Grosvenor Fair Limited, Barrican Investments Corporation, McVitie Capital Limited, The Ho Family Trust Limited, the Ho Family Trust and Accolade (PTC) Inc. are indirect beneficial owners of the reported securities. Accolade (PTC) Inc. disclaims any pecuniary interest in the shares owned by S&T International Distribution Ltd. Mr. Ho is a discretionary beneficiary of the Ho Family Trust, Chief Executive Officer of The Ho Family Trust Limited and the Chairman of the Board of issuer and may be deemed to share beneficial ownership of the shares owned by S&T International Distribution Ltd. Mr. Ho disclaims beneficial ownership of the shares owned by S&T International Distribution Ltd. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Ho is the beneficial owner of equity securities described in this statement as indirectly owned. ACCOLADE (PTC) INC., By: /s/ Eleanor Crosthwaite, Name: Eleanor Ann Crosthwaite, Title: Director 2016-08-19 HO FAMILY TRUST, By: Accolade (PTC) Inc., its Trustee, By: /s/ Eleanor Crosthwaite, Name: Eleanor Ann Crosthwaite, Title: Director 2016-08-19