-----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, AwhyypXDS7eLXmMADH21lLWoIDTrYazKgqRQjUc2cNJLIFYpVv6AUBx6wpVnzdq5 9I5TjUuK8RpllbZslqYn3Q== 0000947871-05-001188.txt : 20050611 0000947871-05-001188.hdr.sgml : 20050611 20050610061600 ACCESSION NUMBER: 0000947871-05-001188 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20050608 FILED AS OF DATE: 20050610 DATE AS OF CHANGE: 20050610 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: 05888707 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_060705.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 June 2005 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 if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).) Yes No X --- --- (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 --- --- (If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ) Nam Tai Electronics, Inc. (the "Company") is furnishing under the cover of Form 6-K: Exhibit 99.1: a press release dated June 6, 2005, announcing orders from a new customer for its LCD modules; and Exhibit 99.2: a press release dated June 6, 2005, announcing an update on the Company's putative class action litigation. 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: June 8, 2005 By: /s/ Joseph Li ---------------------------- Name: Joseph Li Title: Chief Executive Officer EX-99.1 3 ex99-1_060705.txt PRESS RELEASE [NAM TAI 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: www.namtai.com TOLL FREE TEL/FAX: 1-800-661-8831 NAM TAI ELECTRONICS, INC. Orders from New U.S. Customer VANCOUVER, CANADA -- June 6, 2005 -- Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTE) is pleased to announce that it has won new customer orders from a leading U.S. company that holds a patent for the unique combination of cordless telephone technology with wireless communication technology, to manufacture LCD modules for its patented Dual Mode Communications Terminal ("D Mode CT"). The D Mode CT is the only cordless telephone in the world with multiple handset wireless local loop provider capability. It is an innovative, all-in-one wireless (cellular) and PSTN (landline) communications device which addresses the fast paced-convergence of wireless and cellular, as well as transitioning from landline usage to wireless service usage at home. "We are excited to continue to win new customer orders for LCD modules, which demonstrates that customers have recognized Nam Tai's capability in providing high quality LCD products," said Mr. Joseph Li, Chief Executive Officer of Nam Tai. "Demand for LCD products in various electronic applications is strong. Leveraging on our experience in the manufacture of LCD products and our dedicated sales and marketing team, we believe we are well-positioned to capture these business opportunities and further expand our customer base." About Nam Tai Electronics, Inc. - ------------------------------- We are an electronics manufacturing and design services provider to a select group of the world's leading OEMs of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and sub-assemblies, including LCD panels, LCD modules, RF modules, FPC sub-assemblies and image sensors modules. 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, digital camera accessories and BluetoothTM wireless headset accessory 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 Stock Exchange of Hong Kong at www.hkex.com.hk to obtain the information. The stock code of NTEEP and JIC in The Stock Exchange of Hong Kong are 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. Page 1 of 1 EX-99.2 4 ex99-2_060705.txt PRESS RELEASE [NAM TAI 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: www.namtai.com TOLL FREE TEL/FAX: 1-800-661-8831 NAM TAI ELECTRONICS, INC. Update on the Putative Class Action VANCOUVER, CANADA -- June 6, 2005 -- Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTE) announced that it continues to prepare its defenses in the consolidated action entitled Michael Rocco v Nam Tai Electronics, Inc. et al., Civil Action No. 03-CV-1148 ("the Rocco Action"), and expects to participate in motion practice and oral arguments on issues concerning the certification of the proposed class over the next two months. The Company took the deposition of lead plaintiff on the class certification issues on May 6, 2005. Plaintiff filed his motion seeking class certification on May 27, 2005. Nam Tai's response to plaintiff's motion is due on June 20, 2005. The Court is scheduled to hear oral argument on July 11, 2005. The initial complaint in the Rocco Action was filed on February 20, 2003. In July 2003, this initial complaint was consolidated with another complaint filed in April 2003 captioned A.J. & Celine Steigler v. Nam Tai Electronics, Inc. et al. The consolidated complaint was filed in July 2003 on behalf of a putative class of persons who purchased the common shares of Nam Tai from July 29, 2002 through February 18, 2003. The consolidated complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and alleges that material misrepresentations and/or omissions were made during the alleged class period concerning the partial reversal of an inventory provision and a charge to goodwill related to a corporate transaction involving Nam Tai. Nam Tai believes the Rocco Action to be wholly without merit and intends to defend the case vigorously to protect its name and the interests of its shareholders. 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 sub-assemblies, 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.hkex.com to obtain their information. The stock code of Page 1 of 2 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. Page 2 of 2 -----END PRIVACY-ENHANCED MESSAGE-----