NCEW (NCEW) CEO discloses 1,050,000 Ordinary Shares in Form 3 filing

Rhea-AI Filing Summary

New Century Logistics (BVI) Ltd director and Chairman/CEO Ngan Ching Shun filed an initial ownership report. The filing shows direct beneficial ownership of 1,050,000 Ordinary Shares as of December 18, 2024. This Form 3 does not report any new buy or sell transaction, only the existing holding.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ngan Ching Shun

Role Chairman and CEO

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 1,050,000 shares (Direct)

Footnotes (1)

Key Figures

Ordinary Shares owned: 1,050,000 shares

1 metrics

Ordinary Shares owned 1,050,000 shares Direct beneficial ownership as of December 18, 2024

Key Terms

Form 3, Ordinary Shares, ten percent owner

3 terms

Form 3 regulatory

"Chairman and CEO Ngan Ching Shun filed an initial ownership report"

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.

Ordinary Shares financial

"direct beneficial ownership of 1,050,000 Ordinary Shares as of December 18, 2024"

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.

ten percent owner regulatory

"This stake also qualifies him as a ten percent owner under SEC rules"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED 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^*

Ngan Ching Shun

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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 Shares	1,050,000	D

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 Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Ngan Ching Shun	03/31/2026
	** Signature of Reporting Person	Date
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 the NCEW Form 3 filed by Ngan Ching Shun show?

The Form 3 shows that Chairman and CEO Ngan Ching Shun directly beneficially owns 1,050,000 Ordinary Shares of New Century Logistics (BVI) Ltd as of December 18, 2024. It is an initial ownership report, not a record of new trades.

Did NCEW’s Chairman buy or sell shares in this Form 3 filing?

No, this Form 3 does not record any purchase or sale. It simply reports that NCEW’s Chairman and CEO, Ngan Ching Shun, already holds 1,050,000 Ordinary Shares directly, establishing his status as a major shareholder and insider.

How many New Century Logistics (NCEW) shares does the CEO hold?

According to the Form 3, CEO and Chairman Ngan Ching Shun directly owns 1,050,000 Ordinary Shares of New Century Logistics (BVI) Ltd as of December 18, 2024. This stake also qualifies him as a ten percent owner under SEC rules.

Why is New Century Logistics (NCEW) filing a Form 3 for its CEO?

Form 3 is required when someone becomes an insider, such as a director, officer, or ten percent owner. New Century Logistics (BVI) Ltd filed this Form 3 to disclose that its Chairman and CEO, Ngan Ching Shun, holds 1,050,000 Ordinary Shares directly.

Does the NCEW Form 3 include any derivative or option positions?

The Form 3 data provided lists only 1,050,000 directly owned Ordinary Shares for NCEW’s Chairman and CEO and shows no derivative securities or option positions, indicating the reported beneficial ownership is entirely in common equity.