Form: SC 13G

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

February 17, 2009

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

ATA Inc.
(Name of Issuer)
Common Shares*
American Depositary Shares
(Title of Class of Securities)
00211V106**
(CUSIP Number)
December 31, 2008
(Date of Event Which Requires Filing of this Statement)

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

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ 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.

* Not for trading, but only in connection with the registration of American Depositary Shares each representing 2 common shares.

** This CUSIP number applies to the American Depositary Shares.

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).

 
 

 

                     
CUSIP No.
  
00211V106 
   Page  
2 
   of   
11 

 

           
1   NAMES OF REPORTING PERSONS
Kevin Xiaofeng Ma
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  People’s Republic of China
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,094,988 common shares1
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,094,988 common shares1
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,094,988 common shares1
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  13.3%2
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
1 Includes 6,048,648 common shares and 23,170 American Depositary Shares (representing 46,340 common shares) held by Able Knight Development Limited, a British Virgin Islands company wholly owned by Precious Time Holdings Limited and ultimately wholly owned by HSBC International Trustee Limited as trustee of Ma Family Trust, an irrevocable trust constituted under the laws of the Cayman Islands with Kevin Xiaofeng Ma as the settlor and certain family members of Kevin Xiaofeng Ma as the beneficiaries. Kevin Xiaofeng Ma is the sole director of Able Knight Development Limited.
2 Based on 45,675,521 outstanding common shares as of December 31, 2008.

 

                     
CUSIP No.
  
00211V106 
   Page  
3 
   of   
11 

 

           
1   NAMES OF REPORTING PERSONS
Able Knight Development Limited
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  British Virgin Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,094,988 common shares3
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,094,988 common shares3
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,094,988 common shares3
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  13.3%4
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO
3 Includes 6,048,648 common shares and 23,170 American Depositary Shares (representing 46,340 common shares) held by Able Knight Development Limited, a British Virgin Islands company wholly owned by Precious Time Holdings Limited and ultimately wholly owned by HSBC International Trustee Limited as trustee of Ma Family Trust, an irrevocable trust constituted under the laws of the Cayman Islands with Kevin Xiaofeng Ma as the settlor and certain family members of Kevin Xiaofeng Ma as the beneficiaries. Kevin Xiaofeng Ma is the sole director of Able Knight Development Limited.
4 Based on 45,675,521 outstanding common shares as of December 31, 2008.

 

                     
CUSIP No.
  
00211V106 
   Page  
4 
   of   
11 

 

           
1   NAMES OF REPORTING PERSONS
Precious Time Holdings Limited
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  British Virgin Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,094,988 common shares5
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,094,988 common shares5
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,094,988 common shares5
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  13.3%6
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO
5 Includes 6,048,648 common shares and 23,170 American Depositary Shares (representing 46,340 common shares) held by Able Knight Development Limited, a British Virgin Islands company wholly owned by Precious Time Holdings Limited and ultimately wholly owned by HSBC International Trustee Limited as trustee of Ma Family Trust, an irrevocable trust constituted under the laws of the Cayman Islands with Kevin Xiaofeng Ma as the settlor and certain family members of Kevin Xiaofeng Ma as the beneficiaries. Kevin Xiaofeng Ma is the sole director of Able Knight Development Limited.
6 Based on 45,675,521 outstanding common shares as of December 31, 2008.

 

                     
CUSIP No.
  
00211V106 
   Page  
5 
   of   
11 

 

           
1   NAMES OF REPORTING PERSONS
Ma Family Trust
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,094,988 common shares7
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,094,988 common shares7
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,094,988 common shares7
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  13.3%8
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
7 Includes 6,048,648 common shares and 23,170 American Depositary Shares (representing 46,340 common shares) held by Able Knight Development Limited, a British Virgin Islands company wholly owned by Precious Time Holdings Limited and ultimately wholly owned by HSBC International Trustee Limited as trustee of Ma Family Trust, an irrevocable trust constituted under the laws of the Cayman Islands with Kevin Xiaofeng Ma as the settlor and certain family members of Kevin Xiaofeng Ma as the beneficiaries. Kevin Xiaofeng Ma is the sole director of Able Knight Development Limited.
8 Based on 45,675,521 outstanding common shares as of December 31, 2008.

 

                     
CUSIP No.
  
00211V106 
   Page  
6 
   of   
11 
     
Item 1(a)
  Name of Issuer:
 
    
 
  ATA Inc. (“Issuer”)
 
    
Item 1(b)
  Address of Issuer’s Principal Executive Offices:
 
    
 
  8th Floor, Tower E, 6 Gongyuan West St.
 
  Jian Guo Men Nei
 
  Beijing 100005, China
 
    
Item 2(a)
  Name of Person Filing:
 
    
 
  Kevin Xiaofeng Ma
 
    
 
  Able Knight Development Limited
 
    
 
  Precious Time Holdings Limited
 
    
 
  Ma Family Trust
 
    
Item 2(b)
  Address of Principal Business Office or, If None, Residence
 
    
 
  Kevin Xiaofeng Ma
 
  8th Floor, Tower E, 6 Gongyuan West St.
 
  Jian Guo Men Nei
 
  Beijing 100005, China
 
    
 
  Able Knight Development Limited
 
  Portcullis TrustNet Chambers, P.O. Box 3444
 
  Road Town, Tortola
 
  British Virgin Islands
 
    
 
  Precious Time Holdings Limited
 
  21 Collyer Quay #09-01,
 
  HSBC Building,
 
  Singapore 049320
 
    
 
  Ma Family Trust
 
  21 Collyer Quay #09-01,
 
  HSBC Building,
 
  Singapore 049320
 
    
Item 2(c)
  Citizenship
 
    
 
  Kevin Xiaofeng Ma — People’s Republic of China
 
    
 
  Able Knight Development Limited — British Virgin Islands
 
    
 
  Precious Time Holdings Limited — British Virgin Islands
 
    
 
  Ma Family Trust — Cayman Islands
 
    

 

 

                     
CUSIP No.
  
00211V106 
   Page  
7 
   of   
11 
     
Item 2(d)
  Title of Class of Securities:
 
    
 
  Common shares, par value US$0.01
 
    
 
  American Depository Shares, each representing two common shares
 
    
Item 2(e)
  CUSIP Number:
 
    
 
  00211V106
 
    
Item 3.
  Statement Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c):
 
    
 
  Not applicable.
 
    
Item 4.
  Ownership
 
    
 
  (a)     Amount Beneficially Owned:
 
    
                                     
                        Shared        
                Sole power   power to   Sole power to   Shared power
    Amount           to vote or   vote or to   dispose or to   to dispose or to
    beneficially   Percent   direct   direct   direct the   direct the
Reporting Person   owned:   of class:   the vote:   the vote:   disposition of:   disposition of:
Kevin Xiaofeng Ma
  6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     13.3 %     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)
 
                                    
Able Knight
Development
Limited
  6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     13.3 %     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)
 
                                    
Precious Time
Holdings Limited
  6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     13.3 %     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)
 
                                    
Ma Family Trust
  6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     13.3 %     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)     0     6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares)
The percentages of ownership set forth above are based on 45,675,521 common shares outstanding as of December 31, 2008.
Able Knight Development Limited is the record holder of the 6,094,988 common shares (including 6,048,648 common shares and 23,170 American Depositary Shares representing 46,340 common shares). Kevin Xiaofeng Ma is the sole director of Able Knight Development Limited. Able Knight Development

 

 

                     
CUSIP No.
  
00211V106 
   Page  
8 
   of   
11 
Limited is wholly owned by Precious Time Holdings Limited, which is wholly owned by Ma Family Trust, an irrevocable trust constituted under the laws of the Cayman Islands. HSBC International Trustee Limited is trustee of Ma Family Trust. Kevin Xiaofeng Ma is the settlor of Ma Family Trust and certain family members of Kevin Xiaofeng Ma are the beneficiaries. As trustee of Ma Family Trust, HSBC International Trustee Limited has indirect voting and dispositive power with respect to the shares. HSBC International Trustee Limited reports its beneficial ownership with respect to the 6,094,988 common shares on its own individual Schedule 13G.
     
 
    
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 Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person
 
    
 
  Not applicable.
 
    
Item 8.
  Identification and Classification of Members of the Group
 
    
 
  Not applicable.
 
    
Item 9.
  Notice of Dissolution of Group
 
    
 
  Not applicable.
 
    
Item 10.
  Certifications
 
    
 
  Not applicable.

 

 

                     
CUSIP No.
  
00211V106 
   Page  
9 
   of   
11 
SIGNATURE
     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 17, 2009
         
  Kevin Xiaofeng Ma
 		  
  /s/ Kevin Xiaofeng Ma  
     
     
 
  Able Knight Development Limited
 		  
  By:   /s/ Kevin Xiaofeng Ma  
  Name:   Kevin Xiaofeng Ma   
  Title:   Sole director of Able Knight Development Limited   
 
  Precious Time Holdings Limited
 		  
  By:   /s/ Wendy Sim & Lau Chew Lui  
  Name:   Wendy Sim & Lau Chew Lui  
  Title:   Authorised Signatories of Precious Time Holdings Limited   
 
  Ma Family Trust
 		  
  By:   /s/ Wendy Sim & Lau Chew Lui  
  Name:   Wendy Sim & Lau Chew Lui  
  Title:   Authorised Signatories of HSBC International Trustee Limited, as trustee   

 

 

                     
CUSIP No.
  
00211V106 
   Page  
10 
   of   
11 
         
LIST OF EXHIBITS
     
Exhibit No.   Description
A
  Joint Filing Agreement

 

 

EXHIBIT A
Joint Filing Agreement
     In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the common shares, par value US$0.01, of ATA Inc., 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.
         
  Kevin Xiaofeng Ma
 		  
  /s/ Kevin Xiaofeng Ma  
     
     
 
  Able Knight Development Limited
 		  
  By:   /s/ Kevin Xiaofeng Ma  
  Name:   Kevin Xiaofeng Ma   
  Title:   Sole director of Able Knight Development Limited   
 
  Precious Time Holdings Limited
 		  
  By:   /s/ Wendy Sim & Lau Chew Lui  
  Name:   Wendy Sim & Lau Chew Lui  
  Title:   Authorised Signatories of Precious Time Holdings Limited   
 
  Ma Family Trust
 		  
  By:   /s/ Wendy Sim & Lau Chew Lui  
  Name:   Wendy Sim & Lau Chew Lui  
  Title:   Authorised Signatories of HSBC International Trustee Limited, as trustee