-----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, T4jTSgzYvnEGfvtYXAdqK2wYe8Rx/rZOQUTP4Fn3+dEQCQFT7GTP8W/l3KFEg3MI 7MbPu9uDGM3MmT0eWnfsCg== 0000927796-97-000030.txt : 19970223 0000927796-97-000030.hdr.sgml : 19970223 ACCESSION NUMBER: 0000927796-97-000030 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970221 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FACTORY CARD OUTLET CORP CENTRAL INDEX KEY: 0001024441 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 363652087 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49243 FILM NUMBER: 97541191 BUSINESS ADDRESS: STREET 1: 745 BIRGINAL DRIVE CITY: BENSENVILLE STATE: IL ZIP: 60106-1212 BUSINESS PHONE: 6302380010 MAIL ADDRESS: STREET 1: 745 BIRGINAL DRIVE CITY: BENSENVILLE STATE: IL ZIP: 60106 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GARLEN INVESTMENTS LTD CENTRAL INDEX KEY: 0001034245 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O JARIR INVESTMENTS ATTN MUHAMMED ALAG STREET 2: P O BOX 3196 RIYADH 11471 CITY: SAUDI ARABIA MAIL ADDRESS: STREET 1: C/O JARIR INVESTMENTS ATTN MUHAMMED ALAG STREET 2: P O BOX 3196 RIYADH 11471 CITY: SAUDI ARABIA SC 13G/A 1 AMENDMENT NO. 1 TO SCHEDULE 13 G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* FACTORY CARD OUTLET CORP. (Name of Issuer) Common Stock (Title of Class of Securities) 141400101 (CUSIP Number) Check the following box if a fee is being paid with this statement. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). * 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 the disclosures provided in a prior cover page. The information required in 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 6 Pages SCHEDULE 13G - ------------------------ ---------------------------------- CUSIP No. 141400101 Page 2 of 6 Pages - ------------------------ ---------------------------------- - ------ ------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Garlen Investments Limited - ------ ------------------------------------------------------------------------- - ------ ------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* N/A (a) 2 (b) - ------ - ------ ------------------------------------------------------------------------- SEC USE ONLY 3 - ------ ------------------------------------------------------------------------- - ------ ------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 - ------ ------------------------------------------------------------------------- - ------ ------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 5 1,131,708 SHARES -------- ------------------------------------------------------- -------- ------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- -------- ------------------------------------------------------- -------- ------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,131,708 -------- ------------------------------------------------------- -------- ------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,131,708 - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.14% - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Item 1. (a) Name of Issuer Factory Card Outlet Corp. (b) Address of Issuer's Principal Executive Offices 745 Birginal Drive Bensenville, Illinois 60106-1212 Item 2. (a) Name of Person Filing Garlen Investments Limited (b) Address of Principal Business Office c/o Jarir Investments P.O. Box 3196 Riyadh 11471 Saudi Arabia Attn: Mr. Muhammed A. Al-Agil (c) Citizenship or Place of Organization (d) Title of Class of Securities Common Stock, par value $0.01 per share (e) CUSIP Number 141400101 Item 3. Not applicable Page 3 of 6 Pages Item 4. (a) Amount Beneficially Owned 1,131,708* (b) Percent of Class 16.14% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,131,708 (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 1,131,708 (iv) shared power to dispose or to direct the disposition of: -0- Item 5. Ownership of Five Percent or Less of a Class Not applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable Item 8. Identification and Classification of Members of the Group Not applicable Item 9. Notice of Dissolution of a Group Not applicable Item 10. Certification Not applicable Page 5 of 6 Pages 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. GARLEN INVESTMENTS LIMITED By: /S/ MUHAMMAD AL-AGIL ---------------------------------- Name: Muhammad Al-Agil Title:Director Date: February 11, 1997 - -------- * Garlen Investments Limited is beneficially owned by Mandataria Fiduciary Limited, as trustee of a trust for the benefit of Muhammad Abdul Rahman Al-Agil, Nasser Abdul Rahman Al-Agil, Abdullah Abdul Rahman Al-Agil, Abdulkarim Abdul Rahman Al-Agil and Abdulsalam Abdul Rahman Al-Agil. Page 4 of 6 Pages -----END PRIVACY-ENHANCED MESSAGE-----