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 March 2012
Commission File Number: 001-34804
ASIA ENTERTAINMENT & RESOURCES LTD.
(Translation of registrant’s name into English)
Unit 605, East Town Building, 16 Fenwick Street, Wanchai, Hong Kong
(Address of Principal Executive Office)
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-FSForm 40-F£
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):£
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):£
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£ NoS
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_______________.
Other Events.
Asia Entertainment & Resources Ltd. (the “Company”) previously announced that its Board of Directors authorized a regular semi-annual cash dividend of $0.10 per outstanding ordinary share each year after the release of the Company’s financial results for the six months ending June 30, and, for each year after the release of the Company’s year-end financial results, an amount per outstanding ordinary share equal to (i) 15% of the Company’s non-GAAP net income for the most recently completed fiscal year less the amount paid pursuant to the six-month dividend described above, divided by (ii) the number of ordinary shares outstanding on the record date for such dividend (the “Annual Dividend”).
On March 15, 2012, the Company issued a press release announcing that the 2011 Annual Dividend will be $0.194 per ordinary share outstanding as of April 10, 2012 and that the payment date for the 2011 Annual Dividend will be April 18, 2012.
The Company previously announced that the record date for each period's dividend would be set by the Company's management to be as close as practicable to, but no less than, 15 days after the public release by the Company of the financial results for the applicable six-month period and fiscal year end and the payment date for each period's dividend would be set by the Company's management to be as close as practicable to, but no less than, 10 days after the record date. The Company’s board of directors has determined, due to holidays in Hong Kong in late March and early April of each year and the difficulty of transmitting money during that time, that the record date for each year’s Annual Dividend shall instead be set by the Company’s management to be as close as practicable to, but no less than, 30 days after the public release by the Company of the financial results for the applicable fiscal year end. The payment date shall continue to be no less than 10 days after the record date.
The press release is attached hereto as Exhibit 99.1.
Financial Statements and Exhibits.
| Exhibit No. | Description |
| | |
| 99.1 | Press Release dated March 15, 2012 |
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: March 15, 2012 | ASIA ENTERTAINMENT & RESOURCES LTD. |
| | |
| | By: | /s/ Li Chun Ming Raymond |
| | | Name: Li Chun Ming Raymond
Title: Chief Financial Officer |
EXHIBIT INDEX
Financial Statements and Exhibits.
| Exhibit No. | Description |
| | |
| 99.1 | Press Release dated March 15, 2012 |
