-----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, K063J+b1VfxJ0kF6rTYUyFAok3Gb/+scR6R942Sz3jiUapgR94pjEbDv6OKw6B5P ml+OfOjpxoBFX5GxWMzMgQ== 0000891836-98-000757.txt : 19981222 0000891836-98-000757.hdr.sgml : 19981222 ACCESSION NUMBER: 0000891836-98-000757 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19981221 GROUP MEMBERS: KONINKLIJKE PHILIPS ELECTRONICS GROUP MEMBERS: KONINKLIJKE PHILIPS ELECTRONICS NV GROUP MEMBERS: OSTERREICHISCHE PHILIPS INDUSTRIE GMBH GROUP MEMBERS: PHILIPS BETEILIGUNGS GMBH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD CENTRAL INDEX KEY: 0000866374 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-46275 FILM NUMBER: 98773168 BUSINESS ADDRESS: STREET 1: BLK 514 CHAI CHEE LANE #04-13 STREET 2: BODEK INDUSTRIAL ESTATE REPUBLIC OF SING CITY: SINGAPORE 1646 STATE: U0 BUSINESS PHONE: 0654495255 FORMER COMPANY: FORMER CONFORMED NAME: FLEX HOLDINGS PTE LTD DATE OF NAME CHANGE: 19940201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KONINKLIJKE PHILIPS ELECTRONICS NV CENTRAL INDEX KEY: 0000313216 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600] STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: GROENEVOUDSEWEG 1 STREET 2: 5621 BA EINDHOVEN CITY: THE NETHERLANDS STATE: P7 BUSINESS PHONE: 0113140791 MAIL ADDRESS: STREET 1: SULLIVAN & CROMWELL 125 BROAD ST STREET 2: C/O W LOEBER LANDAU CITY: NEW YORK STATE: NY ZIP: 10004 FORMER COMPANY: FORMER CONFORMED NAME: PHILIPS ELECTRONICS N V DATE OF NAME CHANGE: 19930727 SC 13D/A 1 AMENDMENT NO. 1 TO SCHEDULE 13D United States Securities Exchange Commission Washington, D.C. 20549 - -------------------------------------------------------------------------------- Schedule 13D/A (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 1) Flextronics International Ltd. (Name of Issuer) Ordinary Shares (Title of Class of Securities) Y2573F102 ----------------------------------------------------- (CUSIP Number) Richard C. Morrissey Sullivan & Cromwell 9a Ironmonger Lane London EC2V 8EY England Telephone: 011-44-171-710-6500 -------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: James Bartos Shearman & Sterling 199 Bishopsgate London EC2M 3TY England Telephone: 011-44-171-920-9020 December 10, 1998 -------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this statement because of Rule 13d-1(b)(3) or (4), check the following [ ]. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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 disclosures provided in a prior cover page. The information required on 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 (the "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). (Continued on following pages) - --------------------- CUSIP NO. - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Koninklijke Philips Electronics N.V. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION The Netherlands - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 97,600 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 97,600 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 97,600 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.5% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- - --------------------- CUSIP NO. - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Osterreichische Philips Industrie GmbH - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Austria - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 73,877 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 73,877 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 73,877 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- - --------------------- CUSIP NO. - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Philips Beteiligungs GmbH - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Austria - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 23,723 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 23,723 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 23,723 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Item 1. Security and Issuer The class of equity securities to which this Statement on Schedule 13D relates is the Ordinary Shares, par value $0.01 per share (the "Securities"), of Flextronics International Ltd. (the "Issuer"), a Singapore corporation with its principal executive offices located at 514 Chai Chee Lane # 04-13, Bedok Industrial Estate, Singapore 469029. Item 2. Identity and Background All references to Philips Electronics N.V. ("PENV") should now be read as Koninklijke Philips Electronics N.V. ("KPENV") in order to reflect the Company's name change since the November 18, 1997 filing of its Statement on Schedule 13D. Item 4. Purpose of Transaction On December 7, 1998, the Issuer, Osterreichische Philips Industrie GmbH ("Philips I") and Philips Beteiligungs GmbH ("Philips II") entered into an underwriting agreement (the "Underwriting Agreement") with NationsBanc Montgomery Securities LLC, pursuant to which Philips I sold 757,248 Ordinary Shares and Philips II sold 243,152 Ordinary Shares. Under the terms of the Underwriting Agreement, the purchase price for the Ordinary Shares sold by Philips I and Philips II was $72.00. Item 5. Interest in Securities of the Issuer KPENV, Philips I and Philips II (collectively, the "Reporting Persons") beneficially own 97,600 Issuer Ordinary Shares. By virtue of the fact that Philips I and Philips II are each wholly owned subsidiaries of KPENV, KPENV and Philips I may be deemed to share voting and dispositive power over the 73,877 Ordinary Shares beneficially owned by Philips I, and KPENV and Philips II may be deemed to share voting and dispositive power over the 23,723 Ordinary Shares beneficially owned by Philips II. The 97,600 Ordinary Shares owned by the Reporting Persons constitute less than 1% of the issued and outstanding Ordinary Shares. Item 7. Material to be Filed as Exhibits 1. The Underwriting Agreement incorporated herein by reference to Exhibit 1.1 to the Form 8-K filed by the Issuer and dated December 7, 1998. SEC File #: 000-23354 2. Power of Attorney, dated December 9, 1998, authorizing J.M.L.M. Ingen Housz to sign on behalf of Dr. Michael Breitegger, as a member of the Board of Management of Philips I 3. Power of Attorney, dated December 9, 1998, authorizing J.M.L.M. Ingen Housz to sign on behalf of Dr. Michael Breitegger, as a member of the Board of Management of Philips II SIGNATURES 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. December 18, 1998 Koninklijke Philips Electronics N.V. By: /s/ A. Westerlaken ----------------------------------- Name: A. Westerlaken Title: General Secretary Osterreichische Philips Industrie GmbH By: /s/ J.M.L.M. Ingen Housz ----------------------------------- Name: J.M.L.M. Ingen Housz Title: Director Philips Corporate Treasury Philips Beteiligungs GmbH By: /s/ J.M.L.M. Ingen Housz ----------------------------------- Name: J.M.L.M. Ingen Housz Title: Director Philips Corporate Treasury EXHIBIT INDEX Exhibit Description - ------- ----------- 1. The Underwriting Agreement incorporated herein by reference to Exhibit 1.1 to the Form 8-K filed by the Issuer and dated December 7, 1998. SEC File #: 00023354 2. Power of Attorney, dated December 9, 1998, authorizing J.M.L.M. Ingen Housz to sign on behalf of Dr. Michael Breitegger, as a member of the Board of Management of Philips I 3. Power of Attorney, dated December 9, 1998, authorizing J.M.L.M. Ingen Housz to sign on behalf of Dr. Michael Breitegger, as a member of the Board of Management of Philips II EX-24.1 2 POWER OF ATTORNEY POWER OF ATTORNEY The undersigned, Dr. Michael Breitegger, member of the Board of Management of Osterreichische Philips Industrie GmbH, ("Philips"), and Mr. Ernst Strebinger general secretary and "Prokurist" of Philips, in such capacity jointly authorised to represent Philips at law or otherwise, herewith authorise, with the right of substitution, Mr. P.J.W.M. Warmerdam and Mr. J.M.L.M. Ingen Housz (both directors of Philips Corporate Treasury) and Mr. D.C. Walkovik (Lawyer at Sullivan & Cromwell) each acting individually, to sign any document on behalf of Philips in connection with the sale, transfer, or other disposal (in full or in part) of 831,125 shares of Flextronics International Ltd. and to do or cause to be done all such acts and things as are deemed necessary or advisable in connection herewith. This power of attorney is valid until December 31, 1998. Vienna, December 9, 1998 Osterreichische Philips Industrie GmbH /s/ Michael Breitegger /s/ E. Strebinger - ------------------------------ --------------------------------- Mr. Michael Breitegger Mr. E. Strebinger EX-24.2 3 POWER OF ATTORNEY POWER OF ATTORNEY The undersigned, Dr. Michael Breitegger, member of the Board of Management of Philips Beteiligungs GmbH, ("Philips"), and Mr. Ernst Strebinger general secretary and "Prokurist" of Philips, in such capacity jointly authorised to represent Philips at law or otherwise, herewith authorise, with the right of substitution, Mr. P.J.W.M. Warmerdam and Mr. J.M.L.M. Ingen Housz (both directors of Philips Corporate Treasury) and Mr. D.C. Walkovik (Lawyer at Sullivan & Cromwell) each acting individually, to sign any document on behalf of Philips in connection with the sale, transfer, or other disposal (in full or in part) of 266,875 shares of Flextronics International Ltd. and to do or cause to be done all such acts and things as are deemed necessary or advisable in connection herewith. This power of attorney is valid until December 31, 1998. Vienna, December 9, 1998 Philips Beteiligungs GmbH /s/ Michael Breitegger /s/ E. Strebinger - ------------------------------- ------------------------------- Mr. Michael Breitegger Mr. E. Strebinger -----END PRIVACY-ENHANCED MESSAGE-----