As filed with the U.S. Securities and Exchange Commission on April 7, 2008
Registration No. 333-130118
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM F-6
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
For Depositary Shares Evidenced by American Depositary Receipts
___________________
PIXELPLUS CO., LTD.
(Exact name of issuer of deposited securities as specified in its charter)
N/A
(Translation of issuer's name into English)
Republic of Korea
(Jurisdiction of incorporation or organization of issuer)
JPMORGAN CHASE BANK, N.A.
(Exact name of depositary as specified in its charter)
4 New York Plaza, New York, NY 10004
Telephone (212) 623-0636
(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)
____________________
CT Corporation System
111 Eighth Avenue, 13th Floor
New York, New York 10011
(212) 894-8400
(Address, including zip code, and telephone number, including area code, of agent for service)
Copy to:
Scott A. Ziegler, Esq. |
Ziegler, Ziegler & Associates LLP 570 Lexington Avenue, 44th Floor New York, New York 10022 (212) 319-7600 |
It is proposed that this filing become effective under Rule 466
o immediately upon filing
x on April 14, 2008 at 8:30 a.m. (EST)
If a separate registration statement has been filed to register the deposited shares, check the following box. o
CALCULATION OF REGISTRATION FEE
Title of each class of Securities to be registered | Amount to be registered | Proposed maximum aggregate price per unit (1) | Proposed maximum aggregate offering price (2) | Amount of registration fee |
American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing two common shares of Pixelplus Co., Ltd. | N/A | N/A | N/A | N/A |
(1) | Each unit represents one American Depositary Share. |
(2) | Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares. |
PART I
INFORMATION REQUIRED IN PROSPECTUS
The Prospectus consists of the proposed form of American Depositary Receipt ("ADR" or "American Depositary Receipt") included as Exhibit A to the Amendment to Deposit Agreement filed as Exhibit (a)(2) to this Registration Statement, which is incorporated herein by reference.
CROSS REFERENCE SHEET
Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED
Location in Form of American Depositary | |||
Item Number and Caption | Receipt Filed Herewith as Prospectus | ||
(1) | Name and address of Depositary | Introductory paragraph | |
(2) | Title of American Depositary Receipts and identity of deposited securities | Face of American Depositary Receipt, top center | |
Terms of Deposit: | |||
(i) | Amount of deposited securities represented by one unit of American Depositary Shares | Face of American Depositary Receipt, upper right corner | |
(ii) | Procedure for voting, if any, the deposited securities | Paragraph (12) | |
(iii) | Collection and distribution of dividends | Paragraphs (4), (5), (7) and (10) | |
(iv) | Transmission of notices, reports and proxy soliciting material | Paragraphs (3), (8) and (12) | |
(v) | Sale or exercise of rights | Paragraphs (4), (5) and (10) | |
(vi) | Deposit or sale of securities resulting from dividends, splits or plans of reorganization | Paragraphs (4), (5), (10) and (13) | |
(vii) | Amendment, extension or termination of the Deposit Agreement | Paragraphs (16) and (17) | |
(viii) | Rights of holders of receipts to inspect the transfer books of the Depositary and the list of Holders of receipts | Paragraph (3) | |
(ix) | Restrictions upon the right to deposit or withdraw the underlying securities | Paragraphs (1), (2), (4), and (5) | |
(x) | Limitation upon the liability of the Depositary | Paragraph (14) | |
(3) | Fees and Charges | Paragraph (7) |
Item 2. AVAILABLE INFORMATION
Item Number and Caption | Location in Form of American Depositary Receipt Filed Herewith as Prospectus | ||
(b) | Statement that Pixelplus Co., Ltd. is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly, files certain reports with the Commission, and that such reports can be inspected by holders of American Depositary Receipts and copied at public reference facilities maintained by the Commission in Washington, D.C. | Paragraph (8) |
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 3. EXHIBITS
(a)(1) | Form of Deposit Agreement. Form of Deposit Agreement dated as of , 2005 among Pixelplus Co., Ltd., JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all holders from time to time of ADRs issued thereunder (the "Deposit Agreement"). Previously filed as exhibit (a) to Registration Statement 333-130118 and incorporated herein by reference. |
(a)(2) | Form of Amendment to Deposit Agreement, including the Form of American Depositary Receipt, is filed herewith as Exhibit (a)(2). |
(b) | Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not Applicable. |
(c) | Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not Applicable. |
(d) | Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities being registered. Previously filed as exhibit (d) to Registration Statement 333-130118 and incorporated herein by reference. |
(e) | Certification under Rule 466. Filed herewith as Exhibit (e). |
Item 4. UNDERTAKINGS
(a) | The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer. |
(b) | If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule. |
SIGNATURE
Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A. on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Post-Effective Amendment to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, on April 7, 2008.
Legal entity created by the form of Deposit Agreement for the issuance of ADRs evidencing American Depositary Shares | ||
By: | JPMORGAN CHASE BANK, N.A., as Depositary | |
By: | /s/Melinda L. VanLuit | |
Name: | Melinda L. VanLuit | |
Title: | Vice President |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, Pixelplus Co., Ltd. certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Post-Effective Amendment to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized in the Republic of Korea on March 31, 2008.
PIXELPLUS CO., LTD. | ||
By: | /s/ Seo Kyu Lee | |
Name: Seo Kyu Lee | ||
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby constitute and appoint Seo Kyu Lee and Moon Sung Kim, and each of them, as his true and lawful attorneys-in-fact and agents, each with full power of substitution and re-substitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement and sign any registration statement for the same offering covered by this registration statement that is to be effective upon filing pursuant to Rule 462(b) promulgated under the Securities Act of 1933, as amended, and all post-effective amendments thereto and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith and about the premises, as fully to all intents and purposes as he might or could do in-person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his substitutes or substitutes, may lawfully do or cause to be done by virtue hereof.
Under the requirements of the Securities Act, this Registration Statement has been signed by the following persons on March 31, 2008, in the capacities indicated.
Signature | Title | Date | |
/s/ Seo Kyu Lee | Representative Director, President and | March 31, 2008 | |
Seo Kyu Lee | Chief Executive Officer (principal executive officer) | ||
/s/ Hoang Taig Choi | Chief Financial Officer (principal | March 31, 2008 | |
Hoang Taig Choi | financial and accounting officer) | ||
Independent Director | March , 2008 | ||
Dongwoo Chun | |||
/s/ Ha Jin Jhun | Independent Director | March 31, 2008 | |
Ha Jin Jhun | |||
/s/ Choong-Ki Kim | Independent Director | March 31, 2008 | |
Choong-Ki Kim | |||
/s/ Taek Jin Nam | Independent Director | March 31, 2008 | |
Taek Jin Nam |
Signature of authorized representative in the United States
Pursuant to the Securities Act of 1933, as amended, the undersigned, being the duly authorized representative in the United States of Pixelplus Co., Ltd. has signed this registration statement or amendment thereto in the City of Newark, State of Delaware, on March 31, 2008.
Puglisi & Associates | ||
By: | /s/ Donald J. Puglisi | |
Name: Donald J. Puglisi | ||
Title: Managing Director |
INDEX TO EXHIBITS
Exhibit Number | |
(a) | Form of Deposit Agreement. |
(d) | Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities to be registered. |