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Major NCEW holder Sin Yuk Hung discloses 431,250 Ordinary Shares stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

New Century Logistics (BVI) Ltd insider Sin Yuk Hung, identified as a ten percent owner, filed an initial statement of beneficial ownership. The filing reports direct ownership of 431,250 Ordinary Shares, establishing this equity position but not recording any new buy or sell transaction.

Positive

  • None.

Negative

  • None.
Insider Sin Yuk Hung
Role 10% Owner
Type Security Shares Price Value
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 431,250 shares (Direct)
Footnotes (1)
Directly owned Ordinary Shares 431,250 shares Beneficial ownership reported on Form 3
Form 3 regulatory
"This Form 3 serves as an initial statement of beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
ten percent owner regulatory
"identified as a ten percent owner, filed an initial statement"
Ordinary Shares financial
"direct ownership of 431,250 Ordinary Shares"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Sin Yuk Hung

(Last)(First)(Middle)
OFFICE A-E, 33/F, KING PALACE PLAZA,
55 KING YIP STREET, KWUN TONG,

(Street)
KOWLOON,00000

(City)(State)(Zip)

HONG KONG

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
12/18/2024
3. Issuer Name and Ticker or Trading Symbol
New Century Logistics (BVI) Ltd [ NCEW ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares431,250D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Sin Yuk Hung03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Sin Yuk Hung report owning in New Century Logistics (BVI) Ltd (NCEW)?

The filing shows that Sin Yuk Hung directly owns 431,250 Ordinary Shares of New Century Logistics (BVI) Ltd. This stake is disclosed as part of an initial beneficial ownership report, without any accompanying purchase or sale transaction.

What is the purpose of this Form 3 filing for NCEW?

This Form 3 serves as an initial statement of beneficial ownership for New Century Logistics (BVI) Ltd. It discloses that Sin Yuk Hung, a ten percent owner, directly holds 431,250 Ordinary Shares, establishing a baseline ownership position.

Is Sin Yuk Hung reported as an officer or director of NCEW on this Form 3?

The filing indicates that Sin Yuk Hung is not an officer or director of New Century Logistics (BVI) Ltd. Instead, the person is identified specifically as a ten percent owner, with no additional officer title disclosed.

Does the NCEW Form 3 show any recent insider buying or selling by Sin Yuk Hung?

No buy or sell activity is reported in this Form 3. The entry is classified as a holding with an unknown transaction code, simply stating that 431,250 Ordinary Shares are directly owned after the reported event.

How is the ownership type characterized for Sin Yuk Hung’s NCEW shares?

The Form 3 characterizes Sin Yuk Hung’s stake as direct ownership of Ordinary Shares. The reporting fields show the ownership code as “D,” meaning the 431,250 shares are held directly rather than through an intermediary entity or indirect structure.