-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RoQCiqrobYbj+MNqJmGVW1nHlBGGPVyerg9Sj+A5sLhIH3FY+FiQO+HRaECLdaLA jugecnX3CGrwJQxwkVOxhg== 0000950123-98-002460.txt : 19980312 0000950123-98-002460.hdr.sgml : 19980312 ACCESSION NUMBER: 0000950123-98-002460 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980311 SROS: NONE GROUP MEMBERS: ASPEN ENTERPRISES INTERNATIONAL HOLDINGS LTD GROUP MEMBERS: MOONBEAM ENTERPRISES INTERNATIONAL, LTD. GROUP MEMBERS: POLESTAR LIMITED GROUP MEMBERS: SHEIKH ABDULAZIZ BIN IBRAHIM SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STARWOOD HOTELS & RESORTS CENTRAL INDEX KEY: 0000048595 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 520901263 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-08154 FILM NUMBER: 98563844 BUSINESS ADDRESS: STREET 1: 2231 E CAMELBACK RD STREET 2: STE 410 CITY: PHOENIX STATE: AZ ZIP: 80516 BUSINESS PHONE: 6028523900 MAIL ADDRESS: STREET 1: 2231 E CAMELBACK RD STREET 2: STE 410 CITY: PHOENIX STATE: AZ ZIP: 85016 FORMER COMPANY: FORMER CONFORMED NAME: STARWOOD LODGING TRUST DATE OF NAME CHANGE: 19950215 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS TRUST /MD/ DATE OF NAME CHANGE: 19930506 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS TRUST DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ASPEN ENTERPRISES INTERNATIONAL HOLDINGS LTD CENTRAL INDEX KEY: 0001053713 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O CALEDONIAN BANK 7 TR LT STREET 2: CALEDONIAN HOUSE, GRAND FLOOR, MARY STRE CITY: GEORGETOWN, GRAND CA BUSINESS PHONE: 3459490050 SC 13D/A 1 AMENDMENT NO. 1 - FINAL TO SCHEDULE 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 (Amendment No. 1 - Final)* Starwood Hotels & Resorts Trust Starwood Hotels & Resorts Worldwide, Inc. (Name of Issuer) Shares of Beneficial Interest, Par Value $0.01 Per Share Shares of Common Stock, Par Value $0.01 Per Share (Title of Class of Securities) 855905 20 4 (CUSIP Number) Gordon K. Eng, Esq. 19191 South Vermont Avenue, Suite 420 Torrance, California 90502 (310) 207-1477 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 23, 1998 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following box [ ]. *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). Page 1 of 11 2 SCHEDULE 13D CUSIP No. 855905 20 4 Page 2 of 11 Pages 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Sheikh Abdulaziz bin Ibrahim Al Ibrahim - -------------------------------------------------------------------------------- 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 Saudi Arabia - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 3,717,603 OWNED BY ----------------------------------------------------------- 9 SOLE DISPOSITIVE POWER EACH REPORTING ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON 3,717,603 WITH - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,717,603 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 SCHEDULE 13D CUSIP No. 855905 20 4 Page 3 of 11 Pages 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Aspen Enterprises International Holdings, Ltd. - -------------------------------------------------------------------------------- 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 Cayman Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 3,088,372 OWNED BY ----------------------------------------------------------- 9 SOLE DISPOSITIVE POWER EACH REPORTING ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON 3,088,372 WITH - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,088,372 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 4 SCHEDULE 13D CUSIP No. 855905 20 4 Page 4 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Polestar Limited - -------------------------------------------------------------------------------- 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 Cayman Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 539,535 OWNED BY ----------------------------------------------------------- 9 SOLE DISPOSITIVE POWER EACH REPORTING ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON 539,535 WITH - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 539,535 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 5 SCHEDULE 13D CUSIP No. 855905 20 4 Page 5 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Moonbeam Enterprises International, Ltd. - -------------------------------------------------------------------------------- 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 Cayman Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 89,696 OWNED BY ----------------------------------------------------------- 9 SOLE DISPOSITIVE POWER EACH REPORTING ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON 89,696 WITH - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 89,696 - -------------------------------------------------------------------------------- 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% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 6 AMENDMENT NO. 1 TO SCHEDULE 13D This Amendment No. 1 (this "Amendment") amends the Schedule 13D originally filed with the Commission on January 26, 1998 by His Excellency the Sheikh Abdulaziz bin Ibrahim Al Ibrahim ("HES"), Aspen Enterprises International Holdings, Ltd. ("AEIH"), Polestar Limited ("PL") and Moonbeam Enterprises International, Ltd. ("MEIL"). Capitalized terms used not defined in this Amendment have the meanings ascribed to them in the Schedule 13D. This is a final amendment. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 of the initial Schedule 13D filed by the Reporting Persons is hereby amended to read in its entirety as follows: In a Form 8-K dated February 24, 1998, Starwood reported that it had completed the acquisition of ITT Corporation on February 23, 1998 (the "ITT Acquisition"). In connection with the ITT Acquisition, Starwood issued additional Paired Shares to the holders of ITT common stock. The Reporting Persons have been advised by a representative of Starwood that the amount of Paired Shares outstanding as of February 28, 1998 was 187,107,584. Solely, by virtue of such increase in the number of Paired Shares outstanding, the percentages of Paired Shares owned by the Reporting Persons has decreased below 5% individually and in the aggregate, as further set below in paragraphs (a) and (b) below. (a), (b) As of the date hereof, HES beneficially owned 3,717,603 Paired Shares, representing approximately 2.0% of the outstanding Paired Shares and he has shared power to vote or to dispose with respect to such Paired Shares. As of the date hereof, AEIH beneficially owned 3,088,372 Paired Shares, representing approximately 1.7% of the outstanding Paired Shares and it has shared power to vote or to dispose with respect to such Paired Shares. As of the date hereof, PL beneficially owned 539,535 Paired Shares, representing approximately 0.3% of the outstanding Paired Shares and it has shared power to vote or to dispose with respect to such Paired Shares. As of the date hereof, MEIL beneficially owned 89,696 Paired Shares, representing approximately less than 0.1% of the outstanding Paired Shares and it has shared power to vote or to dispose with respect to such Paired Shares. HES shares power to vote and dispose of the Paired Shares with each of AEIH, PL and MEIL and each of AEIH, PL and MEIL shares power to vote and to dispose of their respective Paired Shares with HES. None of the persons listed in Item 2 other than the Reporting Persons, to the best knowledge of the Reporting Persons, beneficially owns any Paired Shares. 6 7 (c) None of the Reporting Persons and, to the best knowledge of the Reporting Persons, none of the persons listed in Item 2 except as set forth in this statement, has been party to any transaction in Paired Shares during the sixty-day period ending on February 23, 1998. (d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of Paired Shares that may be deemed to be beneficially owned by the Reporting Persons. (e) See the first paragraph of this Item 5. 7 8 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: March 10, 1998 Sheikh Abdulaziz bin Ibrahim Al Ibrahim By: /s/Tarek Ayoubi ----------------------------------- Name: Tarek Ayoubi Attorney-in-fact 8 9 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: March 10, 1998 Aspen Enterprises International Holdings, Ltd. By: /s/Tarek Ayoubi ----------------------------------- Name: Tarek Ayoubi Attorney-in-fact 9 10 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: March 10, 1998 Polestar Limited By: /s/Tarek Ayoubi ---------------------------------- Name: Tarek Ayoubi Attorney-in-fact 10 11 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: March 10, 1998 Moonbeam Enterprises International, Ltd. By: /s/Tarek Ayoubi ------------------------------------ Name: Tarek Ayoubi Attorney-in-fact 11 -----END PRIVACY-ENHANCED MESSAGE-----