New Century Logistics (NCEW) holder reports 412,500-share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
New Century Logistics (BVI) Ltd filed a Form 3 showing that Zhang Bin is a ten percent owner of the company. The filing reports direct ownership of 412,500 Ordinary Shares, establishing his initial disclosed stake. The document does not show any recent share purchases or sales, only the existing holding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zhang Bin
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 412,500 shares (Direct)
Footnotes (1)
Key Figures
Ordinary Shares held: 412,500 shares
1 metrics
Ordinary Shares held
412,500 shares
Direct ownership reported on Form 3
Key Terms
Form 3, ten percent owner, Ordinary Shares
3 terms
Form 3 regulatory
"New Century Logistics (BVI) Ltd filed a Form 3 showing that Zhang Bin is a ten percent owner"
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 financial
"The Form 3 shows that Zhang Bin is a ten percent owner of New Century Logistics (BVI) Ltd"
FAQ
What does Zhang Bin’s Form 3 filing for NCEW show?
The Form 3 shows that Zhang Bin is a ten percent owner of New Century Logistics (BVI) Ltd, holding 412,500 Ordinary Shares. This filing establishes his initial reported position as a major shareholder, without indicating any recent share purchases or sales.
Does Zhang Bin’s NCEW Form 3 indicate any recent buying or selling?
No, the Form 3 does not show recent buying or selling activity. It classifies the entry as a holding, reporting Zhang Bin’s direct ownership of 412,500 Ordinary Shares and serving as an initial ownership disclosure for a major shareholder.
Is Zhang Bin a director or officer of New Century Logistics (NCEW)?
According to the Form 3, Zhang Bin is not listed as a director or officer of New Century Logistics (BVI) Ltd. He is identified specifically as a ten percent owner based on his 412,500 Ordinary Shares holding reported in the filing.
What is the significance of being a ten percent owner in NCEW?
Being a ten percent owner means Zhang Bin holds a substantial stake in New Century Logistics (BVI) Ltd. Such holders are subject to additional SEC reporting, starting with Form 3 to disclose their initial ownership position, followed by updates if their holdings change.