SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF
FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the
month of December 2005
HIGHWAY
HOLDINGS LIMITED
(Translation
of Registrant's Name Into English)
Suite
810, Level 8
Landmark
North
39
Lung
Sum Avenue
Sheung
Shui
New
Territories, Hong Kong
(Address of Principal Executive Offices)
(Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.)
Form
20-F x
Form
40-F
o
(Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes o
No x
(If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-_______________.)
Attached
to this Report on Form 6-K is the press release issued by the registrant
on
December 29, 2005.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
| HIGHWAY HOLDINGS LIMITED | ||
| |
|
|
| Date: December 30, 2005 | By: | /s/ ROLAND W. KOHL |
|
Roland W. Kohl |
||
| Chief Executive Officer | ||
 |
NEWS
RELEASE
| CONTACTS: | Gary S. Maier/Crystal Chang Warner |
| Maier & Company, Inc. | |
| (310) 442-9852 | |
HIGHWAY
HOLDINGS IN COMPLIANCE WITH NASDAQ LISTING REQUIREMENTS CONCERNING INDEPENDENT
DIRECTORS
--
Appoints Two Board Members --
HONG
KONG - December 29, 2005
- Highway Holdings Limited (Nasdaq: HIHO) today
said
that it has remedied the one outstanding issue related to continued listing
on
Nasdaq and the company is now in compliance with Marketplace Rule 4350 (c)
(1),
which pertains to the matter of “independent” directors. Nasdaq has issued a
letter to Highway Holdings confirming the company’s compliance and stating that
the matter is now closed.
In
addition, the company identified and appointed two additional independent
directors to address the Nasdaq compliance Rule requirements. The company
has
appointed to its board Brian Geary, 49, an executive based in San Diego with
extensive stretch forming of metal manufacturing experience within the aerospace
industry; and, George Wing Chan Leung, 52, a Hong Kong-based executive with
more
than 27 years of manufacturing and marketing experience.
About
Highway Holdings
Highway
Holdings produces a wide variety of high-quality products for blue chip original
equipment manufacturers -- from simple parts and components to sub-assemblies.
It also manufactures finished products, such as LED Lights, radio chimes
and
other electronic products. Highway Holdings is headquartered in Hong Kong
and
operates manufacturing facilities in Shenzhen province of the People's Republic
of China.
Except
for the historical information contained herein, the matters discussed in
this
press release are forward-looking statements which involve risks and
uncertainties, including but not limited to the company’s ability to meet the
Nasdaq continued listing requirements, and various economic, competitive,
governmental, political and technological factors affecting the company's
revenues, operations, markets, products and prices, and other factors discussed
in the company’s various filings with the Securities and Exchange Commission and
the company’s annual reports on Form 20-F.
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