SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
================================================================================
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
CHINA YUCHAI INTERNATIONAL LIMITED
(Name of Issuer)
Common Stock, Par Value $.10 Per Share
(Title of Class of Securities)
G210821050
(CUSIP Number)
Mr. Philip Ting
Chief Financial Officer
Hong Leong Asia Ltd.
16 Raffles Quay
#26-00 Hong Leong Building
Singapore 048581
65-62208411
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 13, 2003
(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
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box. [_]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 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 ("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 10
SCHEDULE 13D
---------------------------------------- -----------------------------------------
CUSIP No. G210821050 Page 2 of 10
---------------------------------------- -----------------------------------------
----------------------------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Lydale Pte Ltd
----------------------------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
----------------------------------------------------------------------------------------------------
(3) SEC USE ONLY
----------------------------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
AF
----------------------------------------------------------------------------------------------------
(5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
----------------------------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
----------------------------------------------------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY OWNED BY 92,700 shares
EACH REPORTING PERSON --------------------------------------------------------------------
WITH: (8) SHARED VOTING POWER
0 shares
--------------------------------------------------------------------
(9) SOLE DISPOSITIVE POWER
92,700 shares
--------------------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
0 shares
----------------------------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
92,700 shares
----------------------------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
----------------------------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
----------------------------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
----------------------------------------------------------------------------------------------------
SCHEDULE 13D
-------------------------------------------------- ------------------------------------------------
CUSIP No. G210821050 Page 3 of 10
-------------------------------------------------- ------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Flite Technology Industries Pte Ltd
--------------------------------------------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
--------------------------------------------------------------------------------------------------------------------
(3) SEC USE ONLY
--------------------------------------------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------------------------------------------
(5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
--------------------------------------------------------------------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY OWNED BY 74,026 shares
EACH REPORTING PERSON -------------------------------------------------------------------------------------------
WITH: (8) SHARED VOTING POWER
0 shares
-------------------------------------------------------------------------------------------
(9) SOLE DISPOSITIVE POWER
74,026 shares
-------------------------------------------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
0 shares
--------------------------------------------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
74,026 shares
--------------------------------------------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
--------------------------------------------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
--------------------------------------------------------------------------------------------------------------------
SCHEDULE 13D
---------------------------------------- -----------------------------------------
CUSIP No. G210821050 Page 4 of 10
---------------------------------------- -----------------------------------------
----------------------------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Hong Leong (China) Limited
----------------------------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
----------------------------------------------------------------------------------------------------
(3) SEC USE ONLY
----------------------------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
AF
----------------------------------------------------------------------------------------------------
(5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
----------------------------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
----------------------------------------------------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY OWNED BY 194,805 shares
EACH REPORTING PERSON ----------------------------------------------------------------------
WITH: (8) SHARED VOTING POWER
0 shares
----------------------------------------------------------------------
(9) SOLE DISPOSITIVE POWER
194,805 shares
----------------------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
0 shares
----------------------------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
194,805 shares
----------------------------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
----------------------------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
----------------------------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
----------------------------------------------------------------------------------------------------
SCHEDULE 13D
-------------------------------------------------- ------------------------------------------------
CUSIP No. G210821050 Page 5 of 10
-------------------------------------------------- ------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
HL Technology Systems Pte Ltd
--------------------------------------------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
--------------------------------------------------------------------------------------------------------------------
(3) SEC USE ONLY
--------------------------------------------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------------------------------------------
(5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
--------------------------------------------------------------------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY OWNED BY 7,831,169 shares
EACH REPORTING PERSON -------------------------------------------------------------------------------------------
WITH: (8) SHARED VOTING POWER
0 shares
-------------------------------------------------------------------------------------------
(9) SOLE DISPOSITIVE POWER
7,831,169 shares
-------------------------------------------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
0 shares
--------------------------------------------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,831,169 shares
--------------------------------------------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
22.2%*
--------------------------------------------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
--------------------------------------------------------------------------------------------------------------------
------------
* In addition to the 7,831,169 shares of common stock of China Yuchai
International Limited ("CYI") beneficially owned by it, HL Technology Systems
Pte Ltd, also holds a special share of CYI described in Item 6 of the Schedule
(as herein defined). As discussed in Item 6 of the Schedule, the special share
entitles the holder thereof to select a majority of CYI's board of directors.
SCHEDULE 13D
---------------------------------------- -----------------------------------------
CUSIP No. G210821050 Page 6 of 10
---------------------------------------- -----------------------------------------
----------------------------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Hong Leong Asia Ltd.
----------------------------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
----------------------------------------------------------------------------------------------------
(3) SEC USE ONLY
----------------------------------------------------------------------------------------------------
(4) SOURCE OF FUNDS
AF
----------------------------------------------------------------------------------------------------
(5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
----------------------------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
----------------------------------------------------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY OWNED BY 8,192,700 shares
EACH REPORTING PERSON -------------------------------------------------------------------------
WITH: (8) SHARED VOTING POWER
0 shares
-------------------------------------------------------------------------
(9) SOLE DISPOSITIVE POWER
8,192,700 shares
-------------------------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
0 shares
----------------------------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,192,700 shares
----------------------------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
----------------------------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.2%*
----------------------------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
----------------------------------------------------------------------------------------------------
------------
* In addition to the 8,192,700 shares of common stock of CYI beneficially
owned by it, Hong Leong Asia Ltd. also controls a special share of CYI through
HL Technology Systems Pte Ltd. As discussed in Item 6 of the Schedule, the
special share entitles the holder thereof to select a majority of CYI's board of
directors.
This Amendment No. 5 amends the Schedule 13D previously filed with the
Securities and Exchange Commission by Hong Leong Asia Ltd. on June 19, 1995, as
amended by Amendment No. 1 to Schedule 13D filed on February 17, 1998, as
subsequently amended and restated by Amendment No. 2 to Schedule 13D filed on
July 19, 2002, and as amended by Amendment No. 4 to Schedule 13D filed on
October 7, 2003 (as so amended, the "Statement") with respect to the common
stock, par value US$0.10 per share (the "Common Stock"), of China Yuchai
International Limited, a Bermuda corporation ("CYI"). Capitalized terms used but
not defined herein have the meanings given to them in the Statement.
ITEM 2. Identity and Background.
The first sentence of the third paragraph of Item 2(a), (b), (c) and
(f) of the Statement is hereby amended and restated in its entirety as follows:
Of the 8,192,700 shares of Common Stock covered by this Statement,
92,700 shares are owned of record by LPL, 74,026 shares are owned of record by
FTI, 194,805 shares are owned of record by HLC and 7,831,169 shares are owned of
record by HLT, and in addition HLT holds the Special Share described in Item 6
of this Statement.
ITEM 3. Source and Amount of Funds or Other Consideration.
The first sentence of Item 3 of the Statement is hereby amended and
restated in its entirety as follows:
Of the 8,192,700 shares of Common Stock covered by this Statement,
92,700 shares are owned of record by LPL, 74,026 shares are owned of record by
FTI, 194,805 shares are owned of record by HLC and 7,831,169 shares are owned of
record by HLT, and in addition HLT holds the Special Share described in Item 6
of this Statement.
ITEM 4. Purpose of the Transaction.
The first and second sentence of Item 4 of the Statement are hereby
amended and restated in their entirety as follows:
Of the 8,192,700 shares of Common Stock covered by this Statement,
92,700 shares are owned of record by LPL, 74,026 shares are owned of record by
FTI, 194,805 shares are owned of record by HLC and 7,831,169 shares are owned of
record by HLT, and in addition HLT holds the Special Share described in Item 6
of this Statement.
Page 7 of 10
ITEM 5. Interest in Securities of the Issuer.
Items 5(a) and (b) of the Schedule are hereby amended and restated in their
entirety as follows:
(a) and (b) As of October 15, 2003, LPL owns of record 92,700 shares of
Common Stock, FTI owns of record 74,026 shares of Common Stock, HLC owns of
record 194,805 shares of Common Stock and HLT owns of record 7,831,169 shares of
Common Stock. HLT also holds the Special Share described in Item 6 of this
Statement. The 8,192,700 shares of Common Stock owned by the Reporting Persons
represent approximately 23.2% of the 35,340,000 outstanding shares of Common
Stock, based on the number of outstanding shares of Common Stock reported in
CYI's 2002 Annual Report on Form 20-F, filed with the Securities and Exchange
Commission on July 15, 2003.
Shares held of record by LPL. LPL (and HLA by virtue of its ownership of
LPL) has sole voting and dispositive power over the 92,700 shares of Common
Stock owned by LPL.
Shares held of record by FTI. FTI (and HLA by virtue of its ownership
of FTI through HLC) has sole voting and dispositive power over the 74,026 shares
of Common Stock owned by FTI.
Shares held of record by HLC. HLC (and HLA by virtue of its ownership of
HLC) has sole voting and dispositive power over the 194,805 shares of Common
Stock owned by HLC.
Shares held of record by HLT. HLT (and HLA by virtue of its ownership of
HLT through HLC) has sole voting and dispositive power over the 7,831,169 shares
of Common Stock owned by HLT and the Special Share described in Item 6 of this
Statement.
HLIH, by virtue of its deemed interest in HLA, may be deemed to have the
power to vote or direct the voting and to dispose or direct the disposition of
the shares of Common Stock beneficially owned by the Reporting Persons, although
HLIH disclaims beneficial ownership of such shares.
Item 5(c) of the Schedule is hereby amended and restated in its entirety as
follows:
(c) LPL has effected the following sales of shares of Common Stock during
the 60 days prior to the date hereof.
Page 8 of 10
Date of Sale Number of Shares of Average Price per Manner of Sale
Common Stock Sold Share Sold (US$)
---------------------------- ---------------------- --------------------- -------------------------------------
August 26, 2003 128,200 16.12 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
August 28, 2003 27,800 14.44 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
August 29, 2003 66,600 14.10 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
September 2, 2003 40,600 15.80 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
September 5, 2003 151,100 16.31 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
September 8, 2003 434,700 18.56 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
September 9, 2003 300,000 18.35 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
September 10, 2003 20,000 18.15 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
September 30, 2003 59,900 17.82 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 1, 2003 6,600 17.85 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 2, 2003 55,500 17.75 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 3, 2003 203,000 17.90 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 6, 2003 218,500 18.08 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 7, 2003 80,000 17.98 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 9, 2003 53,500 17.55 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 10, 2003 100,000 17.46 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
October 13, 2003 214,900 18.90 Open market transaction
---------------------------- ---------------------- --------------------- -------------------------------------
Except as set forth above, none of the Reporting Persons nor, to any of such
Reporting Persons' knowledge, any of the persons listed on Schedules I or II of
the Statement has effected any transaction in shares of Common Stock during the
past 60 days.
Page 9 of 10
SIGNATURES
After reasonable inquiry and to the best of his or her knowledge and
belief, each of the undersigned certifies that the information in this statement
is true, complete and correct.
Dated: October 15, 2003
HONG LEONG ASIA LTD.
By: /s/ Wrixon Frank Gasteen
------------------------------
Name: Wrixon Frank Gasteen
Title: Director and
Chief Executive Officer
HL TECHNOLOGY SYSTEMS PTE LTD
By: /s/ Philip Ting Sii Tien
---------------------------
Name: Philip Ting Sii Tien
Title: Director
HONG LEONG (CHINA) LIMITED
By: /s/ Kwek Leng Peck
---------------------------
Name: Kwek Leng Peck
Title: Director
FLITE TECHNOLOGY INDUSTRIES PTE LTD
By: /s/ Philip Ting Sii Tien
---------------------------
Name: Philip Ting Sii Tien
Title: Director
LYDALE PTE LTD
By: /s/ Wrixon Frank Gasteen
---------------------------
Name: Wrixon Frank Gasteen
Title: Director
Page 10 of 10