UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4 )
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
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1 | NAMES OF REPORTING PERSONS Rick Yan |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
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(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
PF | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Hong Kong SAR, Peoples Republic of China | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 14,144,919 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | N/A | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 14,144,919 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
N/A | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
14,144,919 | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
25.1% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
IN |
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(a) | The Reporting Person beneficially owns 14,144,919 Common Shares, constituting 25.1% of the issued and outstanding share capital of the Issuer based on information reported by the Issuer on its Form 6-K filed with the Securities and Exchange Commission on May 11, 2009. | |
(b) | The Reporting Person has sole power to vote or to direct the vote, and sole power to dispose or to direct the disposition, of all 14,144,919 Common Shares beneficially owned by the Reporting Person. | |
(c) | On June 30, 2009, 1,045,703 Common Shares were sold by the Reporting Person in a private sale to Recruit Co., Ltd. (Recruit) for an aggregate consideration of $5,228,515, or $5.00 per Common Share (the equivalent of $10.00 per ADS), pursuant to an option granted by Recruit to the Reporting Person under a stock purchase agreement with Recruit, dated April 5, 2006 and described in further detail in Item 6 to the Schedule 13D. |
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