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CUSIP No. 16944W104
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13D
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Page 4
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Item 1. SECURITY AND ISSUER
This Statement on Schedule 13D (this "Statement" relates to the Schedule
13D previous filed on February 12, 2019 with respect to the ordinary shares
of China Distance Education Holdings Limited (the "Issuer", whose principal
executive offices are located at 18th Floor, Xueyuan International Tower, 1
Zhichun Road, Haidian District, Beijing 100083, China.
Item 2. IDENTITY AND BACKGROUND
(a) This is being jointly filed by the following persons (collectively, the "Reporting Persons" and each a "Reporting
Person"):
(i) YM Investment Limited, a British Virgin Islands company;
(ii) The Li Family (PTC) Limited, a British Virgin Islands company; and
(iii) Ms. Lam Lai Ming, a citizen of Hong Kong.
The Reporting Persons may be deemed to constitute a "group" for purposes of
Section 13(d)(3) of the Act. This Statement not be construed as an admission
that the Reporting Persons are a group, or have agreed to act as a group.
Each Reporting Person expressly disclaims beneficial ownership in the
securities reported herein except to the extent such Reporting Person
actually exercises voting or dispositive power with respect to such
securities.
b) Residence or Business Address:
The principal business office of YM Investment Limited is:
c/o Vistra Corporate Services Center, Wickhams Cay II, Road Town, Tortola,
VG1110, British Virgin Islands
The principal business office of The Li Family (PTC) Limited is:
c/o
80 Main Street, P.O. Box 3200, Road Town, Tortola, VG 1110, British Virgin
Islands
The principal business office of Ms. Lam Lai Ming is:
c/o Suite 2901, 29th Floor, The Center, 99 Queen's Road Central, Central,
Hong Kong
(c) YM Investment Limited is wholly-owned by The Li 2007
Family Trust. The Li 2007 Family Trust is a revocable trust established
under the laws of the British Virgin Islands with Ms. Lam Lai Ming as the
settlor, The Li Family (PTC) Limited as trustee and Ms. Lam Lai Ming and her
family members as the beneficiaries.
(d) None of the Reporting Persons have, during the last
five years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) None of the of the Reporting Persons have, 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,
federal or state securities laws or finding any violation with respect to
such laws.
(f) The place of organization of YM Investment Limited and
The Li Family (PTC) Limited is the British Virgin Islands. The citizenship
of Ms. Lam Lai Ming is Hong Kong.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Since the filing of the Schedule 13D on February 12, 2019, the following
transactions were undertaken by the Reporting Persons:
Nil
Item 4. PURPOSE OF TRANSACTION
The Reporting Persons intend to review its investment on a regular basis,
which review may be based on various factors, including the Issuer's
business and financial condition, results of operations and prospects,
general economic and industry conditions, the securities markets in general
and those for the Issuer's securities in particular, as well as other
developments and other investment opportunities. Accordingly, each Reporting
Person reserves the right to change its intentions, as it deems appropriate,
and may at any time and from time to time, either alone or as part of a
group, (i) acquire additional securities of the Issuer, through open market
purchases, privately negotiated transactions or otherwise, (ii) dispose of
all or a portion of the securities of the Issuer owned by it in the open
market, in privately negotiated transactions or otherwise, or (iii) take any
other available course of action which could involve one or more of the
types of transactions or have one or more of the results that relate to or
would result in any of the actions required to be reported herein.
Except as set forth in this Item 4, the Reporting Persons have no present
plans or proposals that relate to or would result in any of the actions
described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. The
Reporting Persons do, however, reserve the right in the future to adopt such
plans or proposals subject to compliance with applicable regulatory
requirements.