-----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, FdJM+D7uFpAYvdgxa2e3QTMIbEPShdHecKigJIUdf04srgCgj3J+1Wv7QxWUcUZY 25Fcav3h8Rg+FUFJGl2Qxw== 0001017062-97-000784.txt : 19970430 0001017062-97-000784.hdr.sgml : 19970430 ACCESSION NUMBER: 0001017062-97-000784 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970429 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AST RESEARCH INC /DE/ CENTRAL INDEX KEY: 0000725182 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 953525565 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35964 FILM NUMBER: 97590243 BUSINESS ADDRESS: STREET 1: 16215 ALTON PKWY CITY: IRVINE STATE: CA ZIP: 92718 BUSINESS PHONE: 7147274141 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SAMSUNG ELECTRONICS CO LTD /FI CENTRAL INDEX KEY: 0000879316 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 953170778 STATE OF INCORPORATION: M5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 250 2 KA TAEPYUNG RO CHUNG KU STREET 2: SEOUL CITY: KOREA STATE: M5 ZIP: 100742 BUSINESS PHONE: 8227277020 MAIL ADDRESS: STREET 1: 250 2 KA TAEPYUNG RO CHUNG KU STREET 2: SEOUL CITY: KOREA STATE: M5 ZIP: 100742 FORMER COMPANY: FORMER CONFORMED NAME: SAMSUNG ELECTRONICS CO LTD /FI DATE OF NAME CHANGE: 19950302 SC 14D1/A 1 AMEND. #1 TO SCHEDULE 14D1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 --------- AMENDMENT NO.1 TO SCHEDULE 14D-1 TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 SCHEDULE 13D (RULE 13d-101) UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.15) AST RESEARCH, INC. (Name of Subject Company) SAMSUNG ELECTRONICS CO., LTD. (Bidder) COMMON STOCK, PAR VALUE $0.01 PER SHARE (INCLUDING THE ASSOCIATED RIGHTS) (Title of Class of Securities) 001907104 (CUSIP Number of Class of Securities) JAE CHANG LEE, ESQ. SAMSUNG ELECTRONICS CO., LTD. SAMSUNG MAIN BUILDING 250, 2-KA, TAEPYUNG-RO, CHUNG-KU SEOUL, KOREA 100-742 011-82-2-727-7100 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Bidder) COPIES TO: THOMAS D. MAGILL, ESQ. HENRY LESSER, ESQ. GIBSON, DUNN & CRUTCHER LLP IRELL & MANELLA LLP JAMBOREE CENTER, 4 PARK PLAZA 333 SOUTH HOPE STREET, SUITE 3300 IRVINE, CALIFORNIA 92614 LOS ANGELES, CALIFORNIA 90071 (714) 451-3800 (213)620-1555 This Amendment No. 1 to the Tender Offer Statement on Schedule 14D-1 (the "Schedule 14D-1") dated April 21, 1997 and Amendment No. 15 to the Schedule 13D dated March 6, 1995, as amended, of Samsung Electronics Co., Ltd., a Korean corporation ("Purchaser"), amends and supplements the tender offer by Purchaser to purchase all outstanding shares of common stock, par value $.01 per share (the "Common Stock"), of AST Research, Inc., a Delaware corporation (the "Company") and the associated preferred stock purchase rights (the "Rights" and together with the Common Stock, the "Shares") issued pursuant to the Company's Amended and Restated Rights Agreement, dated January 28, 1994, between the Company and American Stock Transfer and Trust Company, as Successor Rights Agent, as amended by the First Amendment to Rights Agreement, dated as of March 1, 1995, and the Second Amendment to Rights Agreement, dated as of April 15, 1997, not owned by Samsung or its affiliates at $5.40 per Share, net to the seller in cash, as set forth in the Offer to Purchase dated April 21, 1997 (the "Offer to Purchase") and the related Letter of Transmittal. Capitalized terms used and not otherwise defined herein shall have the meanings given such term in the Schedule 14D-1. ITEM 11. MATERIAL TO BE FILED AS EXHIBITS Schedule II to the Offer to Purchase, filed as Exhibit (a)(1) to the Schedule 14D-1, is hereby amended and supplemented by addition of the following information thereto: On April 28, 1997, the Company announced Mr. Soon-Teak (S.T.) Kim was named President and Chief Executive Officer following the resignation of Mr. Young Soo (Y.S.) Kim from both posts. Mr. Y.S. Kim, who is resigning from these positions for personal reasons, will remain as a Company board member. Mr. S.T. Kim, 47, was appointed a member of the board of directors of the Company on April 25, 1997. Before joining the Company, Mr. S.T. Kim was Chief Executive Officer of Samsung Heavy Industries. From January 1995 until assuming his position with Samsung Heavy Industries, Mr. S.T. Kim was Vice President of the Samsung Group Office of the Executive Staff, reporting directly to Samsung Chairman Kun-Hee Lee, and from March 1994 to January 1995, served on the Executive Staff as Senior Executive Manager. From January 1993 to March 1994, Mr. S.T. Kim served as the Senior Executive Manager of Samsung Display Devices Co., Ltd. Mr. S.T. Kim joined the Samsung Group in 1972 and was named a member of the Samsung Group Office of the Executive Staff in 1977. He holds a bachelor's degree in economics from Kyongbuk National University, located in Kyongbuk, Korea. Mr. S.T. Kim does not beneficially own any Shares or convertible securities that may be exercised for Shares. SIGNATURES After due 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. SAMSUNG ELECTRONICS CO., LTD. By: /s/ JAE CHANG LEE ------------------------------------- Name: Jae Chang Lee Title: Director/General Legal Counsel Dated: April 28, 1997 -----END PRIVACY-ENHANCED MESSAGE-----