Schedule 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

Amendment No.     )*

 

 

Melco PBL Entertainment (Macau) Limited


(Name of Issuer)

Ordinary Shares, par value US$0.01 per share


(Title of Class of Securities)

 

 

G5974W 10 3

                                (CUSIP Number)                                 

December 31, 2006


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

*   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 the purpose 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).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

Page 1 of 8 pages


CUSIP No. G5974W 10 3    

 

  1.  

Names of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only).

   
                Publishing and Broadcasting Limited - Not applicable    
  2.   Check the Appropriate Box if a Member of a Group  
  (a)  x (see Item 8 below)  
    (b)  ¨    
  3.   SEC Use Only  
         
  4.   Citizenship or Place of Organization  
                Australia    

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With:

    5.    Sole Voting Power
 
 

                500,000,000 (PBL Asia Investments Limited may also be deemed

                to have sole voting power with respect to these shares)

    6.    Shared Voting Power
 
                  500,000,000 (representing shares disclaimed, see Item 4 below)
    7.    Sole Dispositive Power
 
 

                500,000,000 (PBL Asia Investments Limited may also be deemed

                to have sole dispositive power with respect to these shares)

    8.    Shared Dispositive Power
 
                  500,000,000 (representing shares disclaimed, see Item 4 below)
  9.   Aggregate Amount Beneficially Owned by Each Reporting Person    
                500,000,000    
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares   x
         
11.   Percent of Class Represented by Amount in Row (9)  
                41.4%    
12.   Type of Reporting Person (See Instructions)  
                HC, CO    

 

Page 2 of 8 pages


CUSIP No. G5974W 10 3    

 

  1.  

Names of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only).

   
                PBL Asia Investments Limited - Not applicable    
  2.   Check the Appropriate Box if a Member of a Group  
  (a)  x (see Item 8 below)  
    (b)  ¨    
  3.   SEC Use Only  
         
  4.   Citizenship or Place of Organization  
                Cayman Islands    
Number of Shares Beneficially Owned By Each Reporting Person With:     5.    Sole Voting Power
 
 

                500,000,000 (Publishing and Broadcasting Limited may also be

                deemed to have sole voting power with respect to these shares)

    6.    Shared Voting Power
 
                  500,000,000 (representing shares disclaimed, see Item 4 below)
    7.    Sole Dispositive Power
 
 

                500,000,000 (Publishing and Broadcasting Limited may also be

                deemed to have sole dispositive power with respect to these shares)

    8.    Shared Dispositive Power
 
                  500,000,000 (representing shares disclaimed, see Item 4 below)
  9.   Aggregate Amount Beneficially Owned by Each Reporting Person    
                500,000,000    
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares   x
         
11.   Percent of Class Represented by Amount in Row (9)  
                41.4%    
12.   Type of Reporting Person  
                CO    

 

Page 3 of 8 pages


Item 1.  

(a)

   NAME OF ISSUER      
     Melco PBL Entertainment (Macau) Limited      
 

(b)

   ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES      
    

Penthouse, 38th Floor, The Centrium

60 Wyndham Street

Central

Hong Kong

     
Item 2.  

(a)

   NAME OF PERSON FILING      
    

Publishing and Broadcasting Limited (“PBL”)

 

PBL Asia Investments Limited (“PBL Asia”)

     
 

(b)

   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE      
    

Publishing and Broadcasting Limited

Level 2, 54 Park Street

Sydney NSW 2000

Australia

 

PBL Asia Investments Limited

c/o Walkers SPV Limited

Walker House, Mary Street

George Town

Grand Cayman

Cayman Islands

     
 

(c)

   CITIZENSHIP      
    

PBL - Australia

 

PBL Asia - Cayman Islands

     
 

(d)

   TITLE OF CLASS OF SECURITIES      
     Ordinary Shares (the “Ordinary Shares”)      
 

(e)

   CUSIP NUMBER      
     The CUSIP number for the Ordinary Shares is G5974W 10 3. The CUSIP number for the Issuer’s American depositary shares, each representing three Ordinary Shares, is 585464 10 0.      
Item 3.           
     Not Applicable.      

 

Page 4 of 8 pages


Item 4.    OWNERSHIP                  
   The following sets forth the information with respect to the beneficial ownership of the Ordinary Shares by the Reporting Person as of February 14, 2007.   

Reporting Person

 

Amount
Beneficially
Owned

 

Percentage of
Class (1)

 

Sole power to
vote or direct
the vote

 

Shared Power to
Vote or to direct
the vote

 

Sole power to
dispose or to
direct the
disposition of

 

Shared power
to dispose or
to direct the
disposition of

PBL   500,000,000   41.4%   500,000,000*   500,000,000   500,000,000   500,000,000*
PBL Asia   500,000,000   41.4%   500,000,000*   500,000,000   500,000,000   500,000,000*

           

(1)    Percent of class calculated based on 1,208,043,646 ordinary shares outstanding as of February 14, 2007.

PBL Asia is the record holder of 500,000,000 Ordinary Shares. PBL Asia is an indirect and wholly owned subsidiary of PBL. PBL, through its ownership of PBL Asia, may be deemed, for the purposes of Rule 13d-3 under the Act, to beneficially own the Ordinary Shares held by PBL Asia. PBL is listed on the Australian Stock Exchange.

*       On December 11, 2006, the Issuer, PBL Asia and PBL, Melco Leisure and Entertainment Group Limited (“Melco Leisure”), a British Virgin Islands company, and Melco International Development Limited (“Melco”), a Hong Kong company, entered into an amended and restated shareholders’ deed (the “Shareholders’ Deed”). See Exhibit 4.9 to the Issuer’s registration statement on Form F-1 (Registration Number 333-139088) for a form of the Shareholders’ Deed. Pursuant to the Shareholders’ Deed, PBL Asia and PBL, on the one hand, agreed with Melco Leisure and Melco, on the other hand, on voting shares for board nominees and certain matters relating to disposal of shares, which agreements may cause PBL Asia and PBL to be deemed to share voting and dispositive power over 500,000,000 Ordinary Shares beneficially owned by Melco Leisure and Melco for the purposes of Rule 13d-3 under the Act. Each of PBL Asia and PBL expressly disclaims beneficial ownership of any Ordinary Shares held by Melco Leisure and Melco pursuant to Rule 13d-4 under the Act, and the filing of this statement shall in no way be construed as an admission that either PBL Asia or PBL is, for purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of such Ordinary Shares.

         See also Item 8 below.

 

Item 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS   
   Not applicable.   
Item 6.    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON   
   Not applicable.   
Item 7.    IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
   Not applicable.   
Item 8.    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP   
   Pursuant to the Shareholders’ Deed, PBL Asia and PBL, on the one hand, agreed with Melco Leisure and Melco, on the other hand, on voting shares for board nominees and certain matters relating to disposal of shares, which agreements may cause the parties to be deemed to constitute a group within the meaning of Section 13(d)(3) of the Act. The existence of such group may cause either or both PBL Asia and PBL to be deemed the beneficial owner of 500,000,000 Ordinary Shares beneficially owned by Melco Leisure and Melco for the purposes of Rule 13d-5 under the Act. Each of PBL Asia and PBL acknowledges the potential attribution of Ordinary Shares beneficially owned by Melco Leisure and Melco but expressly disclaims beneficial ownership of any such Ordinary Shares, and the filing of this statement shall in no way be construed as an admission that either PBL Asia or PBL is, for purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of such Ordinary Shares. Neither Melco Leisure nor Melco is a reporting person on this statement.
Item 9.    NOTICE OF DISSOLUTION OF GROUP   
   Not applicable.   
Item 10.    CERTIFICATION   
   Not applicable.   

 

Page 5 of 8 pages


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated February 14, 2007

 

FOR AND ON BEHALF OF

Publishing and Broadcasting Limited

By:

 

/s/ John Alexander

Name:

 

John Alexander

Title:

 

Director

FOR AND ON BEHALF OF

PBL Asia Investments Limited

By:

 

/s/ Geoff Kleemann

Name:

 

Geoff Kleemann

Title:

 

Director

 

Page 6 of 8 pages


EXHIBIT INDEX

 

Exhibit No.  

Description

1.   Agreement with respect to filing of Schedule 13G, dated as of February 14, 2007, between Publishing and Broadcasting Limited and PBL Asia Investments Limited.

 

Page 7 of 8 pages

Agreement with respect to filing of Schedule 13G

Exhibit 1

AGREEMENT

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing with the other (as such term is defined in the Schedule 13G referred to below) on behalf of each other of a statement on Schedule 13G with the United States Securities and Exchange Commission (including amendments thereto) with respect to the Ordinary Shares, par value $0.01 per share, of Melco PBL Entertainment (Macau) Limited, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

Dated: February 14, 2007

 

FOR AND ON BEHALF OF

Publishing and Broadcasting Limited

By:

 

/s/ John Alexander

Name:

 

John Alexander

Title:

 

Director

 

FOR AND ON BEHALF OF

PBL Asia Investments Limited

By:

 

/s/ Geoff Kleemann

Name:

 

Geoff Kleemann

Title:

 

Director

 

Page 8 of 8 pages