mgal-sc13g_011813.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. _____)*

Pilgrim’s Pride Corporation
____________________
(Name of Issuer)
 
 
Common Stock
________________________
(Title of Class of Securities)
 
 
72147K108
____________________________
(CUSIP Number)
 
 
January 17, 2013
________________________________
(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)
 
x   
Rule 13d-1(c)
 
o   
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).
 
 
 
 

 
 CUSIP NO. 72147K108         Page  2 of 10  
 
 
1
NAME OF REPORTING PERSON
 
Master Global Assets Limited
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  o
(b)  x
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
13,000,000
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
13,000,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,000,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.02%
12
TYPE OF REPORTING PERSON
OO

 
 
 
 
 
 CUSIP NO. 72147K108         Page  3 of 10  
 

1
NAME OF REPORTING PERSON
 
Michel Daher
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  o
(b)  x
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Lebanon
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
13,000,000 (1)
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
13,000,000 (1)
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
13,000,000 (1)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.02%
12
TYPE OF REPORTING PERSON
IN

(1)  
Michel Daher, as Chairman and co-owner of Master Global Assets Limited, may be deemed to beneficially own and hold shared voting and dispositive power with respect to the shares of Issuer’s Common Stock owned by Master Global Assets Limited.

 
 
 
 
 
 
 CUSIP NO. 72147K108         Page 4 of 10  
 
1
NAME OF REPORTING PERSON
 
Abdallah Daher
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  o
(b)  x
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Lebanon
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
13,000,000 (1)
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
13,000,000 (1)
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,000,000 (1)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.02%
12
TYPE OF REPORTING PERSON
IN

(1)  
Abdallah Daher, as Director and co-owner of Master Global Assets Limited, may be deemed to beneficially own and hold shared voting and dispositive power with the respect to the shares of Issuer’s Common Stock owned by Master Global Assets Limited.

 
 
 
 
 
 CUSIP NO. 72147K108         Page  5 of 10  
 
 
Item 1.    (a)                      Name of Issuer: Pilgrim’s Pride Corporation
 
Item 1.    (b)                     Address of Issuer's Principal Executive Offices:

1770 Promontory Circle,
Greeley, CO 80634-9038

Item 2.    (a)                      Name of Person Filing:
 
 
(1)           Master Global Assets Limited
(2)           Michel Daher
(3)           Abdallah Daher

The persons named under this Item 2(a) are referred to individually herein as a “Reporting Person” and collectively as the “Reporting Persons.”

Item 2.    (b)                      Address of Principal Business Office or if None, Residence:

(1)          Address for Master Global Assets Limited:
Walkers Corporate Services (BVI) Limited
Walkers Chambers
171 Main Street
Round Town Tortola VG91110
British Virgin Islands

(2)          Address for Michel Daher:
P.O. Box 241
Fezol Main Road
Bekaa Valley, Lebanon

(3)          Address for Abdallah Daher:
P.O. Box 241
Fezol Main Road
Bekaa Valley, Lebanon
 
Item 2.    (c)            Citizenship:
 
The place of organization for Master Global Assets Limited is the British Virgin Islands.  Michel Daher and Abdallah Daher are citizens of Lebanon.
 
Item 2.    (d)           Title of Class of Securities:
 
Common Stock
 
 
 
 
 
 CUSIP NO. 72147K108         Page  6 of 10  
 
 
Item 2.       (e)                      Cusip Number: 72147K108
 
Item 3.    Statements filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c):
 
Not applicable.
 
Item 4.    Ownership
 
(a)  
Amount Beneficially Owned (describe):
 
13,000,000 shares of Common Stock by each Reporting Person.

(b)  
Percent of Class:

5.02%

(c)  
Number of shares as to which such person has:

(1)  
Master Global Assets Limited:

(i)  
Sole power to vote or to direct the vote:

                     0
 
(ii)  
Shared power to vote or to direct the vote:

13,000,000

(iii)  
Sole power to dispose or to direct the disposition of:

0
 
(iv)  
Shared power to dispose or to direct the disposition of:
 
13,000,000

(2)  
Michel Daher:

(v)  
Sole power to vote or to direct the vote:

0

(vi)  
Shared power to vote or to direct the vote:

                                                        13,000,000
(vii)  
Sole power to dispose or to direct the disposition of:

0
 
 
 
 
 
 CUSIP NO. 72147K108         Page  7 of 10  
 
 
(viii)  
Shared power to dispose or to direct the disposition of:

13,000,000
(3)  
Abdallah Daher:

(ix)  
Sole power to vote or to direct the vote:

0

(x)  
Shared power to vote or to direct the vote:

                                                        13,000,000

(xi)  
Sole power to dispose or to direct the disposition of:

0
 
(xii)  
Shared power to dispose or to direct the disposition of:
 
                                                        13,000,000

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.
 
 
 
 
 
 CUSIP NO. 72147K108         Page  8 of 10  
 
 
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, other than activities solely in connection with a nomination under § 240.14a.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.
 
 
Date:  January 18, 2013
 
     
MASTER GLOBAL ASSETS LIMITED
       
       
     
By:
/s/ Michel Daher
     
 
 Michel Daher, Chairman
     
 
  
         
       /s/ Michel Daher
       Michel Daher
         
         
       /s/ Abdallah Daher
       Abdallah Daher

 
 
 
 
 
 CUSIP NO. 72147K108         Page  9 of 10  
 
 
EXHIBIT INDEX
 
 
Exhibit A – Joint Filing Agreement
 
 
 
 
 

 
 CUSIP NO. 72147K108         Page  10 of 10  
 
EXHIBIT A
 
JOINT FILING AGREEMENT

The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under Section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the common stock of Pilgrim’s Pride Corporation.
 
It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any amendments thereto and for the completeness and accuracy of the information concerning such party contained therein, but such party is not responsible for the completeness or accuracy of information concerning the other party unless such party knows or has reason to believe that such information is inaccurate.
 
It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to any statement on Schedule 13G or Schedule 13D, and any amendments thereto, filed on behalf of each of the parties hereto.
 
Dated:  January 18, 2013
 
     
MASTER GLOBAL ASSETS LIMITED
       
       
     
By:
/s/ Michel Daher
     
 
 Michel Daher, Chairman
     
 
  
         
       /s/ Michel Daher
        Michel Daher
         
         
       /s/ Abdallah Daher
       Abdallah Daher