FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For:
News Releases of:
May 28, 2002;
May 15, 2002;
May 13, 2002; and
Notice of 2002 Annual Meeting
of Shareholders/Proxy Statement;
Proxy Card
NAM TAI ELECTRONICS, INC.
(Registrant's name in English)
15th Floor, China Merchants Tower, Shun Tak Centre
168-200 Connaught Road Central, Hong Kong
NEWS RELEASE
NAM TAI ELECTRONICS, INC.
REPRESENTED BY: PAN PACIFIC I.R. LTD.
SUITE 1790 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
E-MAIL: investor@namtai.com
WEB SITE: www.namtai.com
CONTACT: LORNE WALDMAN
NAM TAI ELECTRONICS, INC.
PURCHASES LAND TO EXPAND MANUFACTURING COMPLEX
VANCOUVER, CANADA May 28, 2002 -- Nam Tai Electronics, Inc. ("Nam Tai" or the
"Company") (NASDAQ/NM Symbol: NTAI and NTAIW; CBOE Symbol: QNA) today announced
that with the support of the government of Baoan County, Shenzhen, China, the
Company purchased a 160,000 square feet vacant lot bordering its existing
manufacturing complex at a favourable price of approximately US$220,000.
Together with another vacant adjacent lot purchased in April 1999, the Company
now has 440,000 square feet of available industrial land for future expansion.
Nam Tai is very excited to have the opportunity of acquiring this land, and will
reserve for planning the construction of more manufacturing facilities for
continuous business growth.
Nam Tai Electronics, Inc. is an electronics design and manufacturing service
provider to some of the world's leading original equipment manufacturers. Nam
Tai manufactures telecommunication products, palm-sized PCs, personal digital
assistants, linguistic products, calculators and various components including
LCD modules for cellular phones, transformers and LCD panels. The Company
utilises advanced production technologies such as chip on board (COB), chip on
glass (COG), chip on film (COF), surface mount technology (SMT), ball grid array
(BGA), tape automated bonding (TAB), and outer lead bonding (OLB) technologies.
Further information is available on Nam Tai's web site at www.namtai.com.
NEWS RELEASE
NAM TAI ELECTRONICS, INC.
REPRESENTED BY: PAN PACIFIC I.R. LTD.
SUITE 1790 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
E-MAIL: investor@namtai.com
WEB SITE: www.namtai.com
CONTACT: LORNE WALDMAN
NAM TAI ELECTRONICS, INC.
Announces Second Quarter Dividend of $0.12 Per Share
VANCOUVER, CANADA May 15, 2002 -- Nam Tai Electronics, Inc. ("Nam Tai" or the
"Company") (NASDAQ/NM Symbol: NTAI and NTAIW; CBOE Symbol: QNA) announced its
second quarter dividend of $0.12 per share will be paid on or before July 21,
2002 to shareholders of record at the close of business on June 30, 2002.
Annual General Meeting
The Company will hold its Annual Shareholders' Meeting on Friday, June 14, 2002
at 11:30 a.m. at The Peninsula Beverly Hills, 9882 South Santa Monica Boulevard,
Beverly Hills, California. The record date for voting is May 1, 2002.
Nam Tai Electronics, Inc. is an electronics design and manufacturing service
provider to some of the world's leading original equipment manufacturers. Nam
Tai manufactures telecommunication products, palm-sized PCs, personal digital
assistants, linguistic products, calculators and various components including
LCD modules for cellular phones, lithium ion rechargeable battery packs,
transformers and LCD panels. The Company utilises advanced production
technologies such as chip on board (COB), chip on glass (COG), surface mount
technology (SMT), ball grid array (BGA), tape automated bonding (TAB), and outer
lead bonding (OLB) technologies. Further information is available on Nam Tai's
web site at www.namtai.com.
NEWS RELEASE
NAM TAI ELECTRONICS, INC.
REPRESENTED BY: PAN PACIFIC I.R. LTD.
SUITE 1790 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
E-MAIL: investor@namtai.com
WEB SITE: www.namtai.com
CONTACT: LORNE WALDMAN
NAM TAI ELECTRONICS, INC.
JIC Subsidiary Moves Closer to Listing on Hong Kong Stock Exchange
VANCOUVER, CANADA May 13, 2002 -- Nam Tai Electronics, Inc. ("Nam Tai" or the
"Company") (NASDAQ/NM Symbol: NTAI and NTAIW; CBOE Symbol: QNA) announced that
all the resolutions proposed at the extraordinary general meeting of Albatronics
(Far East) Company Limited (in liquidation) ("Albatronics") and the Albatronics
shareholders' court meeting, both on May 10, 2002, were unanimously approved by
the independent shareholders present in person or by proxy. The resolution
proposed at the Albatronics creditors' court meeting was also unanimously
approved by creditors present in person or by proxy.
On January 14, 2002 Nam Tai entered into a restructuring agreement with the
joint liquidators of Albatronics. Albatronics, a 50% owned subsidiary of Nam
Tai, was placed into voluntary liquidation in August 1999. Under the
restructuring agreement Nam Tai will inject its wholly-owned subsidiary JIC into
a new company for 92.9% ownership in the new company on a fully diluted basis
after conversion of preference shares. Albatronics' listing status on the Hong
Kong Stock Exchange will be withdrawn and the new company will be listed on the
Hong Kong Stock Exchange by way of introduction and free from the liabilities of
Albatronics. Consummation of the restructuring agreement still requires sanction
of the shareholders' scheme and the creditors' scheme by the court.
Except for the historical information contained herein, matters discussed in
this press release are forward-looking statements. For example, the statement
regarding the expected consummation of the restructuring agreement is a forward
looking statement that is subject to the receipt of regulatory and court
approvals. Other factors that might cause differences in this and the other
forward looking statements, include those discussed in the Company's reports
filed with the Securities and Exchange Commission from time to time, such as the
factors set forth in Item 3 "Key Information - Risk Factors" in the Company's
Annual Report on Form 20-F for the year ended December 31, 2001.
Nam Tai Electronics, Inc. is an electronics design and manufacturing service
provider to some of the world's leading original equipment manufacturers. Nam
Tai manufactures telecommunication products, palm-sized PCs, personal digital
assistants, linguistic products, calculators and various components including
LCD modules for cellular phones, lithium ion rechargeable battery packs,
transformers and LCD panels. The Company utilises advanced production
technologies such as chip on board (COB), chip on glass (COG), surface mount
technology (SMT), ball grid array (BGA), tape automated bonding (TAB), and outer
lead bonding (OLB) technologies. Further information is available on Nam Tai's
web site at www.namtai.com.
NAM TAI ELECTRONICS, INC.
15/F., China Merchants Tower
Shun Tak Centre
168 - 200 Connaught Road Central
Hong Kong
-------------------------------------------
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
June 14, 2002
The Annual Shareholders Meeting of Nam Tai Electronics, Inc. (the
"Company") will be held at The Peninsula Beverly Hills, Gardenia Room, 9882
South Santa Monica Boulevard, Beverly Hills, California on Friday, June 14,
2002, at 11:30 a.m. Pacific Time for the following purposes:
1. To elect six (6) members of the Board of Directors to serve for the ensuing
year;
2. To approve the appointments of Joseph Li as Chief Executive Officer and
President and of Ming Kown Koo as Chief Financial Officer;
3. To approve the selection of HLB Hodgson Impey Cheng as independent
accountants of the Company for the year ending December 31, 2002;
4. To consider and act upon such other business as may properly come before the
Annual Shareholders' Meeting or any adjournments thereof.
Only holders of common shares of record at the close of business on May 1,
2002 will be entitled to vote at the Meeting. Regardless of your plan to
attend/not attend the Meeting, please complete the enclosed proxy card and sign,
date and return it promptly in the enclosed postage paid envelope. Sending in
your proxy will not prevent you from voting in person at the Meeting.
By order of the Board of Directors,
/s/ TADAO MURAKAMI
----------------------------------
Tadao Murakami
Chairman of the Board of Directors
Dated May 14, 2002
Hong Kong
NAM TAI ELECTRONICS, INC.
15/F., China Merchants Tower
Shun Tak Centre
168 - 200 Connaught Road Central
Hong Kong
PROXY STATEMENT
Meeting at 11:30 a.m. on Friday, June 14, 2002
Your proxy is solicited on behalf of the Board of Directors of Nam Tai
Electronics, Inc. (the "Company") for use at the Annual Meeting of Shareholders
to be held on Friday, June 14, 2002 at The Peninsula Beverly Hills, Gardenia
Room, 9882 South Santa Monica Boulevard, Beverly Hills, California at 11:30 a.m.
If the proxy in the accompanying form is duly executed and returned, the shares
represented by the proxy will be voted as directed. If no direction is given,
the shares will be voted for the election of the six (6) nominees for director
named herein, for the appointments of Joseph Li as Chief Executive Officer and
President and of Ming Kown Koo as Chief Financial Officer, and for the selection
of HLB Hodgson Impey Cheng as independent accountants of the Company for the
year ending December 31, 2002. A proxy given by a shareholder may be revoked at
any time before it is exercised by notifying the Chairman of the Company in
writing of such revocation, by giving another proxy bearing a later date or by
voting in person at the Meeting.
The cost of this solicitation of proxies will be borne by the Company.
Solicitations will be made by mail. The Company will reimburse banks, brokerage
firms, other custodians, nominees and fiduciaries for reasonable expenses
incurred in sending proxy materials to beneficial owners of common shares of the
Company.
The Company's annual report, including financial statements for its fiscal
year ended December 31, 2001, is being mailed to all shareholders concurrently
herewith. The annual report is not part of the proxy materials.
Nam Tai will satisfy the delivery requirements for proxy and information
statements with respect to two or more security holders sharing the same address
by delivering a single proxy statement or information statement to those
security holders in order to reduce that amount of duplicate information that
security holders receive and lower printing and mailing costs. Additional copies
may be obtained, without charge by contacting the Company's Investor Relations
Representative, Pan Pacific I.R. Ltd. by mail at Suite 1790 - 999 West Hastings
Street, Vancouver, BC, Canada V6C 2W2, by e-mail at investor@namtai.com, or by
phoning 1-800-661-8831.
The Company's annual report on Form 20-F for the year ended December 31,
2001, as filed with the United States Securities and Exchange Commission, is
available without charge upon written request from the Company's Investor
Relations Representative, Pan Pacific I.R. Ltd. at Suite 1790 - 999 West
Hastings Street, Vancouver, BC, Canada V6C 2W2. The Company's annual report on
Form 20-F and other documents filed or submitted to the United States Securities
and Exchange Commission (the "SEC") are also available from the SEC's website at
http://www.sec.gov.
Holders of common shares of record at the close of business on May 1, 2002
will be entitled to vote at the Meeting and there were 10,369,740 common shares
outstanding at that date. No business shall be transacted at any Annual Meeting
of Shareholders unless a quorum of shareholders is present at the time when the
Meeting proceeds to business. A quorum shall consist of one or more shareholders
present in person or by proxy representing at least one half of the outstanding
common shares. The Company intends to include abstentions and broker non-votes
as present or represented for purposes of establishing a quorum for the
transaction of business. Each common share is entitled to one vote. Management
recommends a vote FOR the election of directors named; FOR the approval of the
appointments of Joseph Li as Chief Executive Officer and President and Ming Kown
Koo as Chief Financial Officer, and FOR the selection of HLB Hodgson Impey Cheng
as independent accountants of the Company for the year ending December 31, 2002.
PROPOSAL NO. 1
ELECTION OF DIRECTORS
The Company's directors are elected annually to serve until the next Annual
Meeting of Shareholders and until their successors take office or until their
death, resignation or removal. The number of directors authorised by Nam Tai's
by-laws is not less than one nor more than eight.
Unless otherwise directed by shareholders, the proxy holder will vote
all shares represented by proxies held by them for the election of the nominees
named below, all of whom are now members and constitute the Company's Board of
Directors. The Company is advised that all nominees have indicated their
availability and willingness to serve if elected. In the event that any nominee
becomes unavailable or unable to serve as a director of the Company prior to the
voting, the proxy holder will vote for a substitute nominee in the exercise of
his best judgement.
Information Concerning Nominees
Information concerning the nominees based on data provided by them is set
forth below:
TADAO MURAKAMI, 58. Mr. Murakami has served the Company in various
executive capacities since 1984. He became a Director of the Company in December
1989. From June 1989 to July 1994, Mr. Murakami was employed as the President of
the Company's Hong Kong subsidiary, following which he succeeded Mr. Koo as
President of the Company. In June 1995, he became the Company's Chief Executive
Officer. From September 1998 until March 1, 2001, and again commencing February
1, 2002 Mr. Murakami served the Company as Chairman of the Board.
M. K. KOO, 58. Mr. Koo served as Chairman of the Board of Nam Tai and its
predecessor companies from inception until September 1998 and as Senior
Executive Officer, Corporate Strategy, Finance and Chief Financial officer until
retiring as Chief Financial Officer on February 1, 2002. He was re-appointed as
Chief Financial Officer on May 3, 2002 and remains an executive director.
JOSEPH LI, 50. Mr. Li, co-founder, Chairman, and Managing Director of the
JIC Group (acquired by Nam Tai in October 2000) was promoted to the position of
President of Nam Tai effective March 1, 2001 and promoted to Chief Financial
Officer effective February 1, 2002. On May 3, 2001 he was promoted to the
position of Chief Executive Officer and President. Mr. Li has directed JIC
Group's business development since founding JIC Group in 1980.
CHARLES CHU, 45. Mr. Chu originally served as Secretary and a Director of
the Company from August 1987 to September 1989. He was re-appointed a Director
in December 1992. Since July 1988, Mr. Chu has been engaged in the private
practice of law in Hong Kong. Mr. Chu serves on Nam Tai's Audit Committee.
STEPHEN SEUNG. Mr. Seung, 55, was appointed a Director of Nam Tai in 1995.
Mr. Seung is an attorney and C.P.A. and has been engaged in the private practice
of law and accounting in New York since 1981. Mr. Seung serves on Nam Tai's
audit committee and acts as Nam Tai's authorised agent in the United States. Mr.
Seung also serves on the Board of Directors and audit committee of Deswell
Industries, Inc.
PETER R. KELLOGG, 59. Mr. Kellogg is a Senior Managing Director of Spear,
Leeds & Kellogg, a registered broker-dealer in the United States. Mr. Kellogg is
also Chairman of the Ziegler Companies. Mr. Kellogg serves on Nam Tai's Audit
Committee.
There is no family relationship among any of the named directors. No
arrangement or understanding exists between any director or any other persons
pursuant to which any director was elected as a director of the Company.
Compensation of Directors and Officers
The aggregate amount of compensation paid by Nam Tai and its subsidiaries
during the year ended December 31, 2002 to all directors and officers as a group
for services in all capacities was approximately $3,494,000.
Directors who are not employees of the Company nor any of its subsidiaries
are paid $1,000 per month for services as a director, $750 per meeting attended
in person, and $500 per meeting attended by telephone. In addition, they are
reimbursed for all reasonable expenses incurred in connection with services as a
director.
Control of the Company
The following table sets forth, as of May 1, 2002, the beneficial ownership
of the Company's common shares by each person known by the Company to
beneficially own 5% or more of the common shares of the Company and by each of
the directors and senior management of the Company who beneficially own common
shares.
Beneficial (1) ownership
--------------------------------
Name Number Percent
---------------------------------------------- ---------------- -----------
M. K. Koo 3,346,981 (2) 29.2%
Peter R. Kellogg 1,467,600 (3) 14.1%
I.A.T. Reinsurance Syndicate Ltd. 1,300,000 (3) 12.5%
Ivan Chui 1,096,087 (4) 10.5%
Joseph Li 1,106,087 (5) 10.6%
Tadao Murakami 957,249 (6) 9.0%
Y.C. Chang 72,000 (7) *
Hidekazu Amishima 30,000 (7) *
Karene Wong 40,000 (7) *
Stephen Seung 29,000 (8) *
Charles Chu 25,000 (9) *
Mamoru Koike 18,000 (7) *
Toshiaki Ogi 12,000 (7) *
Lorne Waldman 13,000 (7) *
---------
* Less than 1%.
(1) Pursuant to the rules of the United States Securities and Exchange
Commission, shares of Common Stock that an individual or group has a right to
acquire within 60 days pursuant to the exercise of options or warrants are
deemed to be outstanding for the purpose of computing the percentage ownership
of such individual or group, but are not deemed to be outstanding for the
purpose of computing the percentage ownership of any other person shown in the
table.
(2) Includes publicly traded warrants to purchase 976,850 common shares and
options to purchase 129,000 common shares.
(3) Mr. Kellogg holds directly
152,600 common shares and options to purchase 15,000 common shares, and
indirectly, through I.A.T. Reinsurance Syndicate Ltd, 1,300,000 common shares.
I.A.T. Reinsurance Syndicate Ltd., is a Bermuda Corporation of which Mr. Kellogg
is the sole holder of voting stock. Mr. Kellogg disclaims beneficial ownership
of these shares.
(4) Consists of shares held of record by Li & Chui Holdings (B.V.I.) Limited for
which Mr. Chui shares investment and voting control as well as options to
purchase 35,000 common shares. The shares are the same shares shown in the table
for Joseph Li.
(5) Consists of shares held of record by Li & Chui Holdings (B.V.I.) Limited for
which Mr. Li shares investment and voting control as well as options to purchase
45,000 common shares. These shares are the same shares shown in the table for
Ivan Chui.
(6) Includes publicly traded warrants to purchase 175,094 common shares and
options to purchase 115,000 common shares.
(7) Consists of options to purchase common shares.
(8) Includes options to purchase 15,000 common shares, publicly traded warrants
to purchase 4,000 common shares, and 10,000 common shares which are registered
to Violet Seung, Mr. Seung's wife, as to which Mr. Seung disclaims beneficial
ownership.
(9) Includes options to purchase 15,000 common shares.
Stock Options
On August 18, 1993, the Board of Directors of the Company adopted the 1993
Stock Option Plan (the "1993 Plan"). The Board has amended the 1993 Plan since
then and as amended through April 24, 2000 the 1993 Plan provides for the grant
to employees, officers, directors who are employees of the Company and
consultants of options to purchase up to cumulative aggregate of 1,425,000
shares of common stock of the Company. On June 22, 2001 the Company adopted the
2001 Stock Option Plan (the "2001 Plan") which provides for the grant of a
further 1,000,000 common stock of the Company. In the case of directors who are
not employees of the Company ("Independent Directors"), the 1993 Plan and 2001
Plan provides for options to purchase 5,000 shares of the Company to be granted
annually to each Independent Director at their election to the Board of
Directors at the Annual Meeting of Shareholders. Options granted to Independent
Directors must be granted with an exercise at no less than 100% of the fair
market value at the date of grant and it is the general policy of the Company to
grant options to all participants under the 1993 Plan and 2001 Plan at an
exercise of no less than 100% of the fair market value at the date of grant.
As of May 1, 2002 there were outstanding options to purchase an aggregate
of 842,000 shares of the Company under the Company's 1993 Plan and 2001 Plan and
602,233 options were reserved for future issuance. Of the outstanding options,
186,000 are exercisable at a price of $13.875 until January 31, 2003; 15,000 are
exercisable at a price of $16.375 until June 8, 2003; 222,000 are exercisable at
a price of $13.94 until March 16, 2004; 55,000 are exercisable at a price of
$14.50 expiring June 22, 2004; 64,000 are exercisable at a price of $7.00 until
June 22, 2002, and 300,000 are exercisable at a price of $19.85 until April 30,
2005. A total of 554,000 options are held by executive officers and directors of
the Company. The remaining options are held by key employees.
Information Concerning Audit Committee
The Audit Committee consists of Mr. Peter R. Kellogg, Mr. Stephen Seung and Mr.
Charles Chu. The Audit Committee from time to time reviews the financial
statements and matters relating to the audit and has full access to management
and the Company's auditors in this regard. The Audit Committee recommends the
engagement or discharge of the Company's independent accountants, consults on
the adequacy of the Company's internal controls and accounting procedures and
reviews and approves financial statements and reports.
PROPOSAL 2
APPROVE APPOINTMENTS OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER
The Board of Directors has appointed Mr. Joseph Li to the position of Chief
Executive Officer. He replaces Mr. Toshiaki Ogi who is retiring from the Company
at the end of May 2002. The Board of Directors has also appointed Mr. Ming Kown
Koo to replace Mr. Li as Chief Financial Officer. The Board of Directors further
directed that the Company submit the appointments of Mr. Li and Mr. Koo for
ratification by shareholders at the Company's Annual Meeting of Shareholders.
PROPOSAL 3
APPROVE SELECTION OF INDEPENDENT ACCOUNTANTS
The Board of Directors has selected HLB Hodgson Impey Cheng as independent
accountants of the Company for the year ending December 31, 2002 replacing the
previous auditor Deloitte Touche and Tohmatsu. The board further directed that
the Company submit the selection of independent accountants for ratification by
shareholders at the Company's Annual Meeting of Shareholders.
HLB Hodgson Impey Cheng was formed in 1983 but can trace its origins back 50
years in Hong Kong and 200 years in the United Kingdom. They have a client base
drawn from across all sectors of the business community in both Hong Kong and
the People's Republic of China. Global and regional resources are available
through the firm's membership in HLB International, which is generally rated
within the top tier global organizations of accounting firms and business
advisers. HLB Hodgson Impey Cheng's client base includes publicly listed
companies on the world's leading stock exchanges including the New York Stock
Exchange and the NASDAQ.
OTHER BUSINESS
The Board of Directors knows of no other business to be acted upon at the
Meeting. However, if any other matter shall properly come before the Meeting,
the proxy holder named in the proxy accompanying this statement will have
discretionary authority to vote all proxies in accordance with his best
judgement.
By order of the Board of Directors,
/s/ TADAO MURAKAMI
----------------------------------
Tadao Murakami
Chairman of the Board of Directors
Dated May 14, 2002
Hong Kong
PROXY NAM TAI ELECTRONICS, INC. ANNUAL MEETING OF SHAREHOLDERS
JUNE 14, 2002 PROXY
This Proxy is Being Solicited on Behalf of the Board of Directors of the Company
The undersigned shareholder(s) of Nam Tai Electronics, Inc. hereby nominate,
constitute and appoint MING KOWN KOO, with the power to appoint his substitute,
and hereby authorise him to represent the undersigned and to vote, as designated
below, all Common Shares of Nam Tai Electronics, Inc. standing in my name on its
books on May 1, 2002 at the Annual Meeting of Shareholders to be held at 11:30
a.m on Friday, June 14, 2002 at The Peninsula Beverly Hills, Gardenia Room, 9882
South Santa Monica Boulevard, Beverly Hills, California., and at any adjournment
thereof.
1. FOR |_| WITHHOLD AUTHORITY FOR |_|
the election as directors of the Company of six (6) persons listed: Charles Chu,
Peter R. Kellogg, Ming Kown Koo, Joseph Li, Tadao Murakami, and Stephen Seung;
(Instruction: To withhold authority to vote for any individual nominee draw a
line through the nominee's name above.)
2. FOR |_| AGAINST |_| ABSTAIN |_|
approval of the appointments of Joseph Li as Chief Executive Officer and
President and of Ming Kown Koo as Chief Financial Officer;
3. FOR |_| AGAINST|_| ABSTAIN |_|
approval of the selection of HLB Hodgson Impey and Cheng as independent
accountants of the Company for the year ending December 31, 2002;
(The Board of Directors recommends a vote FOR Items 1,2, and 3)
(Continued and to be signed, on reverse side)
If the Chairman of the Board is not present by 11:30 a.m. in accordance with
Regulation 37 of the Company's Articles of Association, I hereby authorise my
proxy to choose a chairman for the meeting;
In his discretion, the proxy is authorised to vote upon all other matters as may
properly be brought before the meeting or any adjournment thereof, with all
powers that the undersigned would possess if personally present.
_________________________
Number of Shares
Dated: _________________________, 2002
_________________________
Signature of Shareholder
_________________________
Signature of Shareholder
(Please date this proxy and sign your name as it appears on your stock
certificate(s). Executors, administrators, trustees, etc. should give their full
titles. All joint owners should sign.)
IF NO SPECIFICATION IS MADE THIS PROXY WILL BE VOTED FOR ELECTION OF EACH
DIRECTOR AND FOR ITEMS 2 and 3. This proxy when properly executed will be voted
in the manner directed herein by the above shareholder(s).
The Registrant hereby incorporates this Report on Form 6-K into its Registration
Statements on Form F-3 (Registration Nos. 333-36135 and 333-58468).
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 thereunto duly authorized.
For and on behalf of
Nam Tai Electronics, Inc.
/s/ MING KOWN KOO
-----------------------
MING KOWN KOO
CHIEF FINANCIAL OFFICER
Date: May 30, 2002