-----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, QKa2YdrpdP+pCdhPfDLTWFhmTn7Byo/EvI2xWWAvbYOg7RO0a2lb+uecANWZpiWH wNIOipzJ2Xv9djAI875IgA== 0000950149-98-001091.txt : 19980525 0000950149-98-001091.hdr.sgml : 19980525 ACCESSION NUMBER: 0000950149-98-001091 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980520 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980521 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: IEA MARINE CONTAINER INCOME FUND V-A CENTRAL INDEX KEY: 0000727047 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 942911062 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 002-86324-02 FILM NUMBER: 98630543 BUSINESS ADDRESS: STREET 1: 444 MARKET ST 15TH FLR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4156778990 8-K 1 CURRENT REPORT DATED 5/20/98 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): May 20, 1998 IEA MARINE CONTAINER INCOME FUND V(A) (Exact name of registrant as specified in its charter) California 2-86324 94-2911062 (State or other jurisdiction (Commission File No.) (IRS Employer I.D. No.) of incorporation or organization)
444 Market Street, 15th Floor, San Francisco, California 94111 (Address of principal executive offices) (zip code) Registrant's telephone number: (415) 677-8990 2 Item 5. Other Events. The Managing General Partner of the Registrant is Cronos Capital Corp. ("CCC"). CCC is an indirect wholly-owned subsidiary of The Cronos Group, a Luxembourg corporation headquartered in Orchard Lea, England (the "Parent Company") (NASDAQ-CRNSF). On May 20, 1998, the Parent Company reported that its Chairman, Stefan M. Palatin, has been suspended from his duties pending an investigation of charges against him regarding a financial matter in Austria. In the interim, Rudolf J. Weissenberger, currently a non-executive director on the Board of Directors of the Parent Company, has been named acting Chairman and Chief Executive Officer. Item 7. Financial Statements and Exhibits. (a) Financial statements of business acquired. Not applicable. (b) Pro forma financial information. Not applicable. (c) Exhibits. 20.1 Press Release ("Cronos Announces Board Changes"), dated May 20, 1998, as published by Dow Jones News/Retrieval. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized. IEA MARINE CONTAINER INCOME FUND V(A) Date:May 20, 1998 By: CRONOS CAPITAL CORP. The Managing General Partner By: /s/ DENNIS J. TIETZ ----------------------------------- Dennis J. Tietz President EX-20.1 2 PRESS RELEASE 1 EXHIBIT 20.1 DOW JONES News/Retrieval Business Wire STORY1 11:24 Cronos Announces Board Changes (Copyright (C) 1998, Business Wire) NEW YORK--(BUSINESS WIRE) -- May 20, 1998 -- The Cronos Group reports that its Chairman and CEO, Stefan M. Palatin has been suspended from his duties pending the investigation of charges against him regarding a financial matter in Austria. In the interim, Rudolf J. Weissenberger, currently a non-executive director on the Board of the Cronos Group, has been named acting Chairman and CEO. Cronos is one of the five largest lessors of intermodal containers, owning and managing a fleet of over 375,000 TEUs (twenty-foot equivalent units), including both company-owned units and containers managed for third party owners. The diversified Cronos fleet of dry cargo, refrigerated and other specialised containers is leased to a customer base of around 300 ocean carriers and transport operators worldwide. The average age of the Cronos container fleet is about 3.8 years, one of the youngest in the industry. This new release discusses certain forward looking matters that involve risks and uncertainties that could cause actual results to vary materially from estimates. Risks and uncertainties include, amongst other things, changes in international operations, including exchange rate risks, changes in market conditions for the company's container lease operations and the company's ability to provide innovative and cost effective solutions. This release and other Cronos information is available on the Cronos website at www.cronos.com. CONTACT: Alan Bulmer Investor Relations Tel: (011) (44) 1344 891111 Fax: (011) (44) 1344 894107 Email: ir@cronos.com 11:09 EDT MAY 20, 1998 Source: BWR, May 20, 1998 -----END PRIVACY-ENHANCED MESSAGE-----