Major NCEW holder Sin Yuk Hung discloses 431,250 Ordinary Shares stake
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Directly owned Ordinary Shares: 431,250 shares
1 metrics
Directly owned Ordinary Shares
431,250 shares
Beneficial ownership reported on Form 3
Key Terms
Form 3, ten percent owner, Ordinary Shares
3 terms
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"
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.