-----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, T7X1/g28eL2lveg15jRDJMQaGwerZjsdi5jtj0tDX5Fbm7li93vwo4FpY9cc7qA5 dy950Bpb/JW92Aw4UzLi8Q== 0000947871-04-002190.txt : 20040923 0000947871-04-002190.hdr.sgml : 20040923 20040923070603 ACCESSION NUMBER: 0000947871-04-002190 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20040920 FILED AS OF DATE: 20040923 DATE AS OF CHANGE: 20040923 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NAM TAI ELECTRONICS INC CENTRAL INDEX KEY: 0000829365 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31583 FILM NUMBER: 041041932 BUSINESS ADDRESS: STREET 1: 116 MAIN STREET STREET 2: 2ND FLOOR CITY: ROAD TOWN, TORTOLA STATE: D8 ZIP: 00000 BUSINESS PHONE: 85223410273 MAIL ADDRESS: STREET 1: C/O PAN PACIFIC I.R. LTD. STREET 2: 999 WEST HASTINGS STREET, SUITE 1790 CITY: VANCOUVER BC STATE: A1 ZIP: V6C 2W2 6-K 1 f6k_092004.txt REPORT OF FOREIGN PRIVATE ISSUER FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of September 2004 NAM TAI ELECTRONICS, INC. (Name of the Registrant) 116 Main Street 3rd Floor Road Town, Tortola British Virgin Islands (Address of Principal Executive Offices) (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.) Form 20-F X Form 40-F ____ --- (Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.) Yes ___ No X --- Nam Tai Electronics, Inc. (the "Company") is furnishing under the cover of Form 6-K: Exhibit 99.1: a press release dated September 20, 2004, announcing that the Company has appointed a new Chief Financial Officer and Assistant Chief Financial Officer. Exhibit 99.2: a press release dated September 21, 2004 announcing the listing on the Hong Kong Stock Exchange of TCL Communication Technology Holdings Limited, in which the Company holds a 9% interest. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Nam Tai Electronics, Inc. Date: September 22, 2004 By: /s/ M.K. Koo ------------------------- Name: M.K. Koo Title: Chief Financial Officer EX-99.1 2 ex99-1_092004.txt PRESS RELEASE [NAM TAI ELECTRONICS LOGO] NEWS RELEASE - -------------------------------------------------------------------------------- REPRESENTED BY PAN PACIFIC I.R. LTD. CONTACT: Lorne Waldman 1790-999 WEST HASTINGS STREET President VANCOUVER, BC, CANADA V6C 2W2 E-MAIL: shareholder@namtai.com TEL: (604) 669-7800 FAX: (604) 669-7816 WEB: w w w.n a m t a i.c o m TOLL FREE TEL/FAX: 1-800-661-8831 NAM TAI ELECTRONICS. INC. Appointment of New Chief Financial Officer and Assistant Chief Financial Officer VANCOUVER, CANADA - September 20, 2004 - Nam Tai Electronics, Inc.("Nam Tai" or the "Company") (NYSE Symbol: NTE; CBOE Symbol: QNA; Frankfurt Stock Exchange Symbol: 884852) announced that Mr. Wong Chi Chung (Charles C. Wong) has been appointed Chief Financial Officer ("CFO") and Mr. Joseph Edward Silva, Assistant Chief Financial Officer ("ACFO") of the Company. Mr. Wong will assume office on November 1, 2004, whilst Mr. Silva reported to duty on September 6, 2004. Current CFO of Nam Tai, Mr. Koo Ming Kown, will transfer his duties to Mr. Wong before the end of 2004. With effect from 1st January 2005, Mr. Koo will assume the role of non-executive director of Nam Tai, the same as Chairman, Mr. Tadao Murakami. Thereafter, Nam Tai's Board of Directors will consist of 3 non-executive directors and 4 independent non-executive directors. Mr. Koo commented, "Nam Tai is proud that it will exceed the latest Corporate Governance standards, and that the Board will consist of only non-executive directors, the majority of which are independent directors". "I am delighted with the appointment of Charles and Joseph. This is in line with our Board's policy on succession planning. Our management team has been strengthened with a good balance between internally promoted individuals with proven track records, and externally recruited professionals who will add a further dimension of knowledge and experience to the existing team. I am confident that this reinforcement and integration will bring further growth and expansion to the Company, and lead Nam Tai to an even brighter future.", Mr. Koo added. Mr. Charles C. Wong - Chief Financial Officer - --------------------------------------------- Mr. Wong has over 30 years experience in consulting, financial and general management. In his early years, he was a management consultant at PricewaterhouseCoopers and KPMG, and thereafter successively assumed senior management positions in property development, power generation and distribution, manufacturing, anti-dumping-related international trade issues advisory & consulting, alongside with his diversified business interests in leisure, food and beverages. Mr. Wong is a fellow member of The Association of Chartered Certified Accountants, U.K.; an associate member of The Chartered Institute of Management Accountants, U.K; and a member of The Hong Kong Institute of Certified Public Accountants. Before assuming the role of CFO of Nam Tai, Mr. Wong was Chief Executive Officer and Executive Director of Bestway International Holdings Limited, a group involved in the mass production of industrial and consumer polymer films and listed on the main board of the Stock Exchange of Hong Kong. He was an Independent Non-executive Director and Chairman of the Audit Committee of Nam Tai Electronic and Electrical Products Limited, one of Nam Tai's Hong Kong listed subsidiaries. Page 1 of 2 Mr. Joseph Edward Silva - Assistant Chief Financial Officer - ----------------------------------------------------------- Reporting to the CFO, Mr. Silva's principle responsibilities include assisting the CFO in all matters relating to Investor Relations, Mergers and Acquisitions, and Joint Ventures. Joseph has over 20 years experience in the finance industry and has held a number of senior management positions in both consumer and investment banks and investment management firms. He has solid management skills in strategic planning and implementation, operations, marketing and market communications. Prior to joining Nam Tai, his prior roles included being Chief Executive Officer of investment management firm Friends, Ivory & Sime Asia as well as investor relations company First Investor Relations. In 2001, he was elected Chairman of The Hong Kong Investment Funds Association, and has been invited by the Hong Kong SAR Government and industry groups to sit on various committees, including The Hong Kong Securities and Futures Commission, The Hong Kong Trade Development Council, and the Association for Sustainable and Responsible Investment in Asia. Mr. Silva received his BSc degree in Biological Chemistry from The University of Essex and a MSc degree in Management Science, majoring in finance, from Imperial College, London University. About Nam Tai Electronics, Inc. - ------------------------------- We are an electronics manufacturing and design services provider to original equipment manufacturers of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and subassemblies, including LCD panels, LCD modules, radio frequency modules, flexible printed circuit sub-assemblies and image sensors. These components are used in numerous electronic products, including cellular phones, laptop computers, digital cameras, copiers, fax machines, electronic toys, handheld video game devices and microwave ovens. We also manufacture finished products, including cellular phones, palm-sized PCs, personal digital assistants, electronic dictionaries, calculators and digital camera accessories for use with cellular phones. Nam Tai has two Hong Kong listed subsidiaries, Nam Tai Electronic & Electrical Products Limited ("NTEEP") and J.I.C. Technology Company Limited ("JIC"). Interested investors may go to the website of the Hong Kong Stock Exchange at www.hkse.com to obtain the information. The stock code of NTEEP and JIC in the Hong Kong Stock Exchange are the 2633 and 987 respectively. Investors are reminded to exercise caution when assessing such information and not to deal with the shares of the Company based solely on reliance of such information. The results of NTEEP and JIC only represent a part of the results of the Company and there are GAAP differences in the financial statements of NTEEP and JIC, when compared with the financial statements of the Company. Furthermore, different subsidiaries of the Company may have different peak seasons during a year. Page 2 of 2 EX-99.2 3 ex99-2_092004.txt PRESS RELEASE [NAM TAI ELECTRONICS LOGO] NEWS RELEASE - -------------------------------------------------------------------------------- REPRESENTED BY PAN PACIFIC I.R. LTD. CONTACT: Lorne Waldman 1790-999 WEST HASTINGS STREET President VANCOUVER, BC, CANADA V6C 2W2 E-MAIL: shareholder@namtai.com TEL: (604) 669-7800 FAX: (604) 669-7816 WEB: w w w.n a m t a i.c o m TOLL FREE TEL/FAX: 1-800-661-8831 NAM TAI ELECTRONICS. INC. TCL Communication Announces its Listing on the Hong Kong Stock Exchange VANCOUVER, CANADA - September 21, 2004 - Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTE; CBOE Symbol: QNA; Frankfurt Stock Exchange Symbol: 884852) announced that one of its strategic investments, TCL Communication Technology Holdings Limited has received approval for listing on the Main Board of The Hong Kong Stock Exchange. The total number of issued shares of TCL Communication is 2,827,500,000 shares, of which Nam Tai is holding 254,475,000 shares ("the Shares"), representing 9% of the total issued shares of TCL Communication. According to the TCL Communication Prospectus, there is no lock up period or restriction on disposal of the Shares. The stock code of TCL Communication on the Hong Kong Stock Exchange is 2618 and the trading of shares of TCL Communication is due to commence on September 27, 2004. Since the listing of shares of TCL Communication is by way of introduction, there are no new shares being issued or sold in connection with the listing, and therefore there is no dilution to Nam Tai's original stake in TCL Communication. The share price of TCL Communication will be determined by market forces when it begins trading on September 27, 2004. In addition to its 9% interest in TCL Communication, Nam Tai also has a 3.69% interest in TCL Corporation, the parent company of TCL Communication. TCL Corporation became a listed company in January, 2004 and its shares are traded as "A" shares on the Shenzhen Stock Exchange of the People's Republic of China. Although trading above our original investment value, the gains from the TCL Corporation investment have not as yet been reflected in Nam Tai's accounts. Nam Tai is pleased to see the Shares in TCL Communication become freely tradable securities on The Hong Kong Stock Exchange. Nam Tai is confident that its strategic association with the TCL Group of Companies will bring a positive investment return for the Company, as well as foster a closer business relationship between the two groups. Page 1 of 2 About Nam Tai Electronics, Inc. - ------------------------------- We are an electronics manufacturing and design services provider to original equipment manufacturers of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and subassemblies, including LCD panels, LCD modules, radio frequency modules, flexible printed circuit sub-assemblies and image sensors. These components are used in numerous electronic products, including cellular phones, laptop computers, digital cameras, copiers, fax machines, electronic toys, handheld video game devices and microwave ovens. We also manufacture finished products, including cellular phones, palm-sized PCs, personal digital assistants, electronic dictionaries, calculators and digital camera accessories for use with cellular phones. Nam Tai has two Hong Kong listed subsidiaries, Nam Tai Electronic & Electrical Products Limited ("NTEEP") and J.I.C. Technology Company Limited ("JIC"). Interested investors may go to the website of the Hong Kong Stock Exchange at www.hkse.com to obtain the information. The stock code of NTEEP and JIC in the Hong Kong Stock Exchange are the 2633 and 987 respectively. Investors are reminded to exercise caution when assessing such information and not to deal with the shares of the Company based solely on reliance of such information. The results of NTEEP and JIC only represent a part of the results of the Company and there are GAAP differences in the financial statements of NTEEP and JIC, when compared with the financial statements of the Company. Furthermore, different subsidiaries of the Company may have different peak seasons during a year. Page 2 of 2 -----END PRIVACY-ENHANCED MESSAGE-----