UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___)*
Consolidated Water Co. Ltd.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
G23773107
(CUSIP Number)
June 25, 2007
Date of Event Which Requires Filing of the Statement
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] 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 disclosures provided in a prior cover page.
The information required on 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).
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CUSIP NO. G23773107 13G Page 2 of 11
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KBC ASSET MANAGEMENT LTD.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
IRELAND
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 1,336,760 SHARES OF COMMON STOCK
OWNED BY -----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
1,336,760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,336,760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
APPROXIMATELY 9.22% AS OF THE DATE OF THIS FILING (BASED ON 14,500,000
SHARES OF COMMON STOCK ISSUED AND OUTSTANDING)
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IA
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Page 2 of 11
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CUSIP NO. G23773107 13G Page 3 of 11
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KBC GROUP NV
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
BELGIUM
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 1,336,760 SHARES OF COMMON STOCK
OWNED BY -----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
1,336,760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,336,760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
APPROXIMATELY 9.22% AS OF THE DATE OF THIS FILING (BASED ON 14,500,000
SHARES OF COMMON STOCK ISSUED AND OUTSTANDING)
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
HC
--------------------------------------------------------------------------------
Page 3 of 11
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CUSIP NO. G23773107 13G Page 4 of 11
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--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KBC ASSET MANAGEMENT NV
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
BELGIUM
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 1,336,760 SHARES OF COMMON STOCK
OWNED BY -----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
1,336,760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,336,760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
APPROXIMATELY 9.22% AS OF THE DATE OF THIS FILING (BASED ON 14,500,000
SHARES OF COMMON STOCK ISSUED AND OUTSTANDING)
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IA/HC
--------------------------------------------------------------------------------
Page 4 of 11
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CUSIP NO. G23773107 13G Page 5 of 11
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KBC BANK NV
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
BELGIUM
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF -----------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 1,336,760 SHARES OF COMMON STOCK
OWNED BY -----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
1,336,760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,336, 760 SHARES OF COMMON STOCK
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
APPROXIMATELY 9.22% AS OF THE DATE OF THIS FILING (BASED ON 14,500,000
SHARES OF COMMON STOCK ISSUED AND OUTSTANDING)
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
BK/HC
--------------------------------------------------------------------------------
Page 5 of 11
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CUSIP NO. G23773107 13G Page 6 of 11
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Item 1(a) Name of Issuer: Consolidated Water Co. Ltd.
Item 1(b) Address of Issuer's Principal Executive Offices:
Trafalgar Place, West Bay Road
P.O. Box 1114
Grande Cayman, Cayman Islands
BWI E9 00000
Item 2(a) Name of Person Filing
Item 2(b) Address of Principal Business Office
Item 2(c) Citizenship
KBC Asset Management Ltd.
Joshua Dawson House
Dawson Street
Dublin 2
Ireland
KBC Group NV
Havenlaan 2
1080 Brussels
Belgium
KBC Asset Management NV
Havenlaan 2,
1080 Brussels
Belgium
KBC Bank NV
Havenlaan 2,
1080 Brussels
Belgium
2(d) Title of Class of Securities:
Common Stock, par value $0.60 per share
2(e) CUSIP Number: G23773107
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
(c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Exchange
Act;
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act;
Page 6 of 11
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CUSIP NO. G23773107 13G Page 7 of 11
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(c) [ ] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act;
(e) [ ] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box.: [X]
Item 4 Ownership:
KBC GROUP NV
KBC ASSET MANAGEMENT LTD.
KBC ASSET MANAGEMENT NV
KBC BANK NV
(a) Amount beneficially owned:
1,336,760 shares of Common Stock
(b) Percent of Class:
Approximately 9.22% as of the date of this filing (based on 14,500,000 shares of
Common Stock issued and outstanding)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0
(ii) shared power to vote or to direct the vote:
Page 7 of 11
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CUSIP NO. G23773107 13G Page 8 of 11
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1,336,760 shares of Common Stock
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
1,336,760 shares of Common Stock
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:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Page 8 of 11
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CUSIP NO. G23773107 13G Page 9 of 11
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After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated this 28th day of August, 2007.
KBC GROUP NV KBC ASSET MANAGEMENT NV
By: /s/ Noel O'Halloran By: /s/ Noel O'Halloran
--------------------------------- ------------------------------------
Name: Noel O'Halloran Name: Noel O'Halloran
Its: Executive Director and Chief Its: Executive Director and Chief
Investment Officer of KBC Asset Investment Officer of KBC Asset
Management Ltd. Management Ltd.
KBC ASSET MANAGEMENT LTD. KBC BANK NV
By: /s/ Noel O'Halloran By: /s/ Noel O'Halloran
--------------------------------- ------------------------------------
Name: Noel O'Halloran Name: Noel O'Halloran
Its: Executive Director and Chief Its: Executive Director and Chief
Investment Officer Investment Officer of KBC Asset
Management Ltd.
Page 9 of 11