- Amended Statement of Beneficial Ownership (SC 13D/A)
05 November 2009 - 3:52PM
Edgar (US Regulatory)
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A*
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(AMENDMENT No. 3)(1)
BEKEM METALS, INC.
(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE PER SHARE
(Title of Class of Securities))
077264109
(CUSIP NUMBER)
Victoria Parry
Senior Legal Counsel
GLG Partners LP
One Curzon Street
London W1J 5HB
(Name, address and telephone number of person
authorized to receive notices and communications)
October 27, 2009
(Date of event which requires filing of this statement))
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
NOTE: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 13 Pages)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 077264109 13D/A Page 2 of 13
--------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
GLG Emerging Markets Fund
--------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC USE ONLY
--------------------------------------------------------------------------------
(4) SOURCE OF FUNDS (see instructions)
WC
--------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
-0-
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
-0-
--------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ]
--------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0%
--------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (see instructions)
PN
--------------------------------------------------------------------------------
|
CUSIP No. 077264109 13D/A Page 3 of 13
--------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
GLG Partners LP
--------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC USE ONLY
--------------------------------------------------------------------------------
(4) SOURCE OF FUNDS (see instructions)
OO
--------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
England
--------------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
-0-
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
-0-
--------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ]
--------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0%
--------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (see instructions)
PN
-----------------------------------------------------------------------------
|
CUSIP No. 077264109 13D/A Page 4 of 13
--------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
GLG Partners Limited
--------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC USE ONLY
--------------------------------------------------------------------------------
(4) SOURCE OF FUNDS (see instructions)
OO
--------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
England
--------------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
-0-
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
-0-
--------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ]
--------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0%
--------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (see instructions)
OO
-----------------------------------------------------------------------------
|
CUSIP No. 077264109 13D/A Page 5 of 13
-----------------------------------------------------------------------------
(1) NAME OF REPORTING PERSONS
GLG Partners, Inc.
--------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC USE ONLY
--------------------------------------------------------------------------------
(4) SOURCE OF FUNDS (see instructions)
OO
--------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
-0-
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
-0-
--------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ]
--------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0%
--------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON (see instructions)
CO
-----------------------------------------------------------------------------
|
CUSIP No. 077264109 13D/A Page 6 of 13
This Amendment No. 3 (this "Amendment") amends the statement on Schedule 13D
filed on July 10, 2006 as amended by Amendment No. 1, dated February 28, 2007
and as further amended by Amendment No. 2 dated April 6, 2007 (as amended, the
"Schedule 13D") with respect to shares of Common Stock, par value $0.001 per
share ("Common Stock") of Bekem Metals, Inc., a Utah corporation (the
"Company"). Capitalized terms used herein and not otherwise defined in this
Amendment have the meanings set forth in the original Schedule 13D. Except as
set forth herein, the Schedule 13D is unmodified.
Item 2. Identity and Background.
Item 2 of the Schedule 13D is hereby amended and restated as follows:
(a) This statement is filed by:
(i) GLG Emerging Markets Fund;
(ii) GLG Partners LP;
(iii) GLG Partners Limited; and
(iv) GLG Partners, Inc.
GLG Partners LP serves as the investment manager to GLG Emerging Markets Fund.
GLG Partners Limited serves as the general partner to GLG Partners LP. GLG
Partners, Inc. indirectly wholly owns GLG Partners Limited. The foregoing
persons are hereinafter sometimes collectively referred to as the "Reporting
Persons." Any disclosures herein with respect to persons other than the
Reporting Persons are made on information and belief after making inquiry to the
appropriate party.
(b) The address of the principal business office of the Parent Company is:
390 Park Avenue, 20th Floor
New York, New York 10022
The address of the principal business office of each of the other Reporting
Persons is:
c/o GLG Partners LP
1 Curzon Street
London W1J 5HB
United Kingdom
(c) The principal business of the Reporting Persons is the management of
investment funds and activities related thereto.
(d) None of the Reporting Persons has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
|
CUSIP No. 077264109 13D/A Page 7 of 13
(e) On June 26, 2007, GLG Partners LP ("GLG") entered into a settlement
with the U.S. Securities and Exchange Commission (the "SEC") relating to
allegations that GLG had violated Rule 105 of Regulation M of the Securities
Exchange Act of 1934, as amended ("Rule 105"), between July 2003 and May 2005.
(SEC v. GLG Partners L.P., Civil Action No. 07-cv-01136 (D.D.C.)). Without
admitting or denying the allegations, GLG consented to pay a $500,000 penalty.
In a related administrative proceeding, GLG consented to the entry of an Order
Instituting Cease-and-Desist Proceedings, Making Findings, and Imposing a
Cease-and-Desist Order (the "Order"). Without admitting or denying the SEC's
findings, GLG agreed to cease and desist from committing or causing any future
violations of Rule 105 and disgorge approximately $2.2 million, along with
approximately $490,000 in prejudgment interest. GLG also undertook to adopt and
implement certain prophylactic policies and procedures focused on compliance
with Rule 105.
Other than as set forth herein, none of the Reporting Persons has,
during the last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and, as a result of such
proceeding, was, or is subject to, a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, U.S.
Federal or State securities laws or finding any violation with respect to such
laws.
(f) GLG Emerging Markets Fund is a Cayman Islands company. GLG Partners LP
is a limited partnership formed under the laws of England and Wales. GLG
Partners Limited is a limited company formed under the laws of England and
Wales. GLG Partners, Inc. is a Delaware corporation
Schedule 1 attached hereto sets forth the information required by Instruction C
of the instructions to Schedule 13D.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and restated as follows:
(a) As of June 30, 2008, the previously reported Warrants to purchase
7,000,000 shares of Common Stock held by GLG Emerging Markets Fund expired
pursuant to their terms and, therefore, the Reporting Persons no longer should
be deemed to beneficially own as of such date the shares of Common Stock
underlying such Warrants.
As of the date hereof, none of the Reporting Persons beneficially owns any
shares of Common Stock.
(b) Not applicable.
(c) Information concerning transactions in the Common Stock of the Company,
which were all effected by GLG Emerging Markets Fund in the open market through
a broker, during the last sixty days are set forth on Schedule 2 attached
hereto.
(d) Not applicable.
(e) As of October 27, 2009, the Reporting Persons ceased to be the
beneficial owner more than five percent of the class of securities.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
Item 6 of the Schedule 13D is hereby amended and supplemented to include the
following:
The Reporting Persons entered into the Joint Acquisition Statement attached as
Exhibit 2 hereto.
|
CUSIP No. 077264109 13D/A Page 8 of 13
Item 7. Materials to be Filed as Exhibits.
Item 7 of the Schedule 13D is hereby amended and supplemented to include the
following:
There is filed herewith as Exhibit 2 a written agreement relating to the filing
of joint acquisition statements as required by Rule 13d-1(k)(1) under the
Securities Exchange Act of 1934, as amended.
|
CUSIP No. 077264109 13D/A Page 9 of 13
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
DATED: November 5, 2009
GLG EMERGING MARKETS FUND
GLG PARTNERS LP
Individually and in its capacity as Investment Manager of GLG Emerging
Markets Fund
By: /s/ Victoria Parry
------------------
Name: Victoria Parry
Title: Senior Legal Counsel of GLG Partners LP
GLG PARTNERS LIMITED
Individually and in its capacity as General Partner of GLG Partners LP
By: /s/ Emmanuel Roman
------------------
Name: Emmanuel Roman
Title: Managing Director
GLG PARTNERS, INC.
By: /s/ Alejandro R. San Miguel
---------------------------
Name: Alejandro R. San Miguel
Title: General Counsel and Corporate Secretary
|
CUSIP No. 077264109 13D/A Page 10 of 13
SCHEDULE 1
DIRECTORS AND EXECUTIVE OFFICERS OF CERTAIN REPORTING PERSONS
The following sets forth the name, position, address, principal occupation
and citizenship of each director and executive officer of the applicable
Reporting Persons (the "Instruction C Persons"). To the best of the Reporting
Persons' knowledge, (i) none of the Instruction C Persons during the last five
years has been convicted in a criminal proceeding (excluding traffic violations
or other similar misdemeanors) or been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws and
(ii) none of the Instruction C Persons owns any shares of Common Stock or is
party to any contract or agreement as would require disclosure in this Schedule
13D.
GLG EMERGING MARKETS FUND
Name Position Address Principal Occupation Citizenship/Place
of Organization
Aniello Anthony Bianco Director Residential Address: Retired U.S.A.
4621 Fieldston Road,
Bronx, NY 10471
Alun John Davies Director Business Address: Co-founder of Global United Kingdom
Funds Management Ltd
Global Funds
Management Ltd,
Harbour Place, 2nd
Floor, 103 South
Church Street, P.O.
Box 10034, KY1-1001,
George Town, Cayman Islands
Michael Gerard Jackson Director Business Address: Partner of Matheson Ireland
Ormsby Prentice
Matheson Ormsby
Prentice,
70 Sir John Rogerson's Quay,
Dublin 2, Ireland
GLG PARTNERS LIMITED
Noam Gottesman Director Business Address: Co-Chief Executive U.S.A.
Officer and Managing
GLG Partners LP Director of
One Curzon Street, GLG Partners LP
London W1J 5HB, UK
Pierre P.A. Lagrange Director Business Address: Managing Director of Belgium
GLG Partners LP
GLG Partners LP,
One Curzon Street,
London W1J 5HB, UK
Emmanuel Roman Director Business Address: Co-Chief Executive France
Officer and Managing
GLG Partners LP, Director of
One Curzon Street, GLG Partners LP
London W1J 5HB, UK
|
CUSIP No. 077264109 13D/A Page 11 of 13
GLG PARTNERS, INC.
Name Position Address Principal Occupation Citizenship/Place
of Organization
Noam Gottesman Director Business Address: Chairman and Co-Chief U.S.A.
Executive Officer of
One Curzon Street, GLG Partners LP
London W1J 5HB, UK
Pierre P.A. Lagrange Director Business Address: Senior Managing Belgium
Director of
One Curzon Street, GLG Partners LP
London W1J 5HB, UK
Emmanuel Roman Director Business Address: Co-Chief Executive France
Officer of
One Curzon Street, GLG Partners LP
London W1J 5HB, UK
Ian G.H. Ashken Director Business Address: Chief Financial Officer United Kingdom
Jarden Corporation,
555 Theodore Fremd Avenue,
Suite B-302,
Rye, NY 10508
Martin Franklin Director Business Address: Chairman & Chief United Kingdom
Executive Officer
Jarden Corporation,
555 Theodore Fremd Avenue,
Suite B-302,
Rye, NY 10508
James N. Hauslein Director Business Address: President U.S.A.
Hauslein & Company Inc.,
560 Lexington Avenue,
10th Floor,
NY, NY 10022
William P. Lauder Director Business Address: Executive Chairman U.S.A.
The Estee Lauder
Companies, Inc.,
767 Fifth Avenue,
40th Floor,
NY, NY 10153
Simon White Executive Business Address: Chief Operating United Kingdom
Officer Officer
GLG Partners, Inc.
390 Park Avenue,
20th Floor,
NY, NY 10022
Jeffrey Rojek Executive Business Address: Chief Financial U.S.A.
Officer Officer
GLG Partners, Inc.
390 Park Avenue,
20th Floor,
NY, NY 10022
Alejandro San Miguel Executive Business Address: General Counsel and U.S.A.
Officer Corporate Secretary
GLG Partners, Inc.
390 Park Avenue,
20th Floor,
NY, NY 10022
|
CUSIP No. 077264109 13D/A Page 12 of 13
SCHEDULE 2
This Appendix sets forth information with respect to each purchase and sale of
Common Stock which were effectuated by a Reporting Person during the past sixty
days. The reported sales was effectuated in the open market through a broker.
Shares of Common Stock purchased or sold by GLG Emerging Markets Fund:
Date of Transaction Number of Shares Price Per Share ($)
Bought/(Sold)
10/27/2009 (21,043,000) 0.00351
|
CUSIP No. 077264109 13D/A Page 13 of 13
EXHIBIT 2
JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13D-1(k)1
The undersigned acknowledge and agree that the foregoing statement on Schedule
13D is filed on behalf of each of the undersigned and that all subsequent
amendments to this statement on Schedule 13D shall be filed on behalf of each of
the undersigned without the necessity of filing additional joint acquisition
statements. The undersigned acknowledge that each shall be responsible for the
timely filing of such amendments and for the completeness and accuracy of the
information concerning him or it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that he or it knows or has reason to believe that such
information is inaccurate.
Dated: November 5, 2009
GLG EMERGING MARKETS FUND
GLG PARTNERS LP
Individually and in its capacity as Investment Manager of GLG Emerging
Markets Fund
By: /s/ Victoria Parry
------------------
Name: Victoria Parry
Title: Senior Legal Counsel of GLG Partners LP
GLG PARTNERS LIMITED
Individually and in its capacity as General Partner of GLG Partners LP
By: /s/ Emmanuel Roman
------------------
Name: Emmanuel Roman
Title: Managing Director
GLG PARTNERS, INC.
By: /s/ Alejandro R. San Miguel
---------------------------
Name: Alejandro R. San Miguel
Title: General Counsel and Corporate Secretary
|
Bekem Metals (CE) (USOTC:BKMM)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Bekem Metals (CE) (USOTC:BKMM)
Historical Stock Chart
Von Jul 2023 bis Jul 2024