- Report of Foreign Issuer (6-K)
October 25 2010 - 2:10PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2010
Commission File Number: 0-29946
Qiao Xing Universal Resources, Inc.
(Translation of registrants name into English)
Qiao Xing Science Industrial Park
Tang Quan
Huizhou City, Guangdong, Peoples Republic of China 516023
(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
þ
Form 40-F
o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):
o
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):
o
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
o
No
þ
If Yes is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82-
.
On October 22, 2010, Qiao Xing Universal Resources, Inc. (the Company or XING), filed a
Schedule 13E-3 transaction statement with the U.S. Securities and Exchange Commission (the SEC) in
connection with its proposed offer to acquire all the outstanding shares of Qiao Xing Mobile
Communication Co., Ltd (NYSE: QXM, or QXM) that it does not currently own, by way of a Scheme of
Arrangement (the Proposed Offer) under British Virgin Islands law. The Proposed Offer was first
announced on September 8, 2010. XING currently owns approximately 61% of QXMs outstanding
ordinary shares. A copy of the Schedule 13E-3 and related filings can be found on the SECs
website at
www.sec.gov
.
The transactions contemplated by the Proposed Offer constitute a going-private transaction under
applicable SEC rules and regulations. Accordingly, the Schedule 13E-3 and the exhibits and
appendices thereto, are required to be filed with the SEC in compliance with the requirements of
Rule 13e-3 of the Securities Exchange Act of 1934. The Schedule 13E-3 is in preliminary form and
is subject to completion or amendment. XINGs offer to purchase all outstanding shares of QXM that
it does not currently own will not commence until XING has amended the Schedule 13E-3 to complete
all outstanding information and until an order sanctioning the Scheme of Arrangement has been
issued by the Eastern Caribbean Supreme Court in the High Court of Justice Virgin Islands,
Commercial Division.
The Company issued a press release on October 25, 2010 describing the filing of the Schedule 13E-3.
A copy of the press release is attached hereto as Exhibits 99.1, and is incorporated herein by
reference.
(a) Exhibits:
The Exhibit Index attached hereto is hereby incorporated by reference to this Item.
EXHIBIT INDEX
|
|
|
Exhibit
|
|
|
Number
|
|
Exhibit Title
|
99.1
|
|
Press Release, dated October 25, 2010
|
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
Dated: October 25, 2010
|
Qiao Xing Universal Resources, Inc.
|
|
|
By:
|
/s/ Rui Lin Wu
|
|
|
|
Name:
|
Rui Lin Wu
|
|
|
|
Title:
|
Chairman
|
|
Qiao Xing Universal Resources, Inc. (MM) (NASDAQ:XING)
Historical Stock Chart
From Jun 2024 to Jul 2024
Qiao Xing Universal Resources, Inc. (MM) (NASDAQ:XING)
Historical Stock Chart
From Jul 2023 to Jul 2024