Ontario Teachers Pension Plan Board – ‘SC 13G/A’ on 2/12/99 re: Asia Pacific Resources International Holdings Ltd

As of:  Friday, 2/12/99   ·   Accession #:  903423-99-64   ·   File #:  5-44393   ·   Correction:  This Filing was Deleted by the SEC on 3/2/99. ®

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Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership         3     17K 

Document Table of Contents

SC 13G/A
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G/A

 Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 Asia Pacific Resources Ltd.
------------------------------------------------------------------------------- 
(Name of Issuer)

 Common Shares
------------------------------------------------------------------------------- 
(Title of Class of Securities)

 044902104
----------------------------------
(CUSIP Number)

 December 31, 1998
----------------------------------
 (Date of Event Which Requires
 Filing of this Statement)

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

[X]  Rule 13d-1(b)                                                  
[ ]  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 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).                                                                         

SC 13G/A
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CUSIP No. 044902104          13G/A                                              
-----------------------                                                         

--------------------------------------------------------------------------------
1.   NAME OF REPORTING PERSON                                                   
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                     
ONTARIO TEACHERS' PENSION PLAN BOARD                                  

--------------------------------------------------------------------------------
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                           

                                   (a) [ ]
                                   (b) [ ]

--------------------------------------------------------------------------------
3.   SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4.   CITIZENSHIP OR PLACE OF ORGANIZATION                                       

AN ONTARIO, CANADA CORPORATION                                        
--------------------------------------------------------------------------------
5.   SOLE VOTING POWER                                                          

2,540,000 
   NUMBER OF     ---------------------------------------------------------------
SHARES       6.     SHARED VOTING POWER                               
BENEFICIALLY                                                                
OWNED BY                                                                
EACH                NIL Common Shares                                 
   REPORTING     ---------------------------------------------------------------
PERSON        7.     SOLE DISPOSITIVE POWER                             
WITH                                                                  
2,540,000                     
                 ---------------------------------------------------------------
8.     SHARED DISPOSITIVE POWER             

NIL Common Shares             

--------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              

2,540,000                                                           

--------------------------------------------------------------------------------
10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See     
Instructions)                                                       

--------------------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                         

4.9%                                                            
--------------------------------------------------------------------------------
12.     TYPE OF REPORTING PERSON (See Instructions)                             

E.P.                                                            
--------------------------------------------------------------------------------

SC 13G/A
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 Schedule to Ontario Teachers' Pension Plan Board 13G/A Filing
 Re: Asia Pacific Resources Ltd.

Item 1.   Issuer                                                                

  (a)  ISSUER: This statement relates to the issuer Asia Pacific Resources
Ltd. (the "Corporation").                                   

    (b)  ADDRESS OF ISSUER: The principal executive offices of the Corporation
       are located at Suite 615-800 West Pender Street, Vancouver, British
Columbia V6C 2V6.                                           

Item 2.   Person Filing and Securities Statement Being Filed in Respect Of      

    (a)  PERSON FILING: The Ontario Teachers' Pension Plan Board ("the Board")
is filing this statement.                                   

     (b)  ADDRESS: The business address of the Board is 5650 Yonge Street, Suite
300, Toronto, Ontario, Canada, M2M 4H5.                     

     (c)  CITIZENSHIP: The Board is a corporation incorporated under the laws of
the Province of Ontario, Canada.                            

    (d)  TITLE OF CLASS OF SECURITIES: This statement relates to Common Shares
of the Corporation                                          

 (e)  CUSIP Number: The shares are identified by CUSIP Number 044902104.

Item 3.   Authority Pursuant to which Statement Being Filed                     

The Board is filing this statement pursuant to the "no-action" relief granted to
it by the Office of Tender Offers, Division of Corporation Finance of the United
States Securities and Exchange Commission and dated May 6, 1992.                

Item 4.   Ownership                                                             

(a)  AMOUNT BENEFICIALLY OWNED: 2,540,000                                       

(b)  PERCENT OF CLASS: 4.9%                                                     

(c)  NUMBER OF SHARES AS TO WHICH THE PERSON HAS:                               
I. Sole power to vote or to direct the vote: 2,540,000                
II. shared power to vote or to direct the vote: NIL                     
III. sole power to dispose or to direct the disposition: 2,540,000        
IV. shared power to direct the disposition: NIL                         

Item 5.   Ownership of Five Percent or Less of a Class                          

If this statement is being filed to report the fact that as of the date hereof  
the reporting person has ceased to be the beneficial owner of more than five    
percent of the class of securities, check the following |X|.                    

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 acquired and are held in the ordinary
   course of business and 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 such securities and were not acquired in connection with or as a   
participant in any transaction having that purpose or effect.         

 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.                                                            

       February 12, 1999
     /s/ Jane Beatty
                     -------------------------------
  Jane Beatty,
                Legal Counsel, Investments

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13G/A’ Filing		Date		First		Last			Other Filings
Deleted on:		3/2/99
Filed on:		2/12/99		3					SC 13G,  SC 13G/A
		12/31/98		1					5
		5/6/92		3
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