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New Century Logistics (BVI) Ltd (NCEW)

Nasdaq · Transportation, Communications & Utilities · Arrangement of Transportation of Freight & Cargo

Core research established · 4/4 core data layers currently established

What New Century Logistics (BVI) Ltd does

A. History and development of the company NC Logistics was incorporated in the BVI on April 24, 2019 and is a holding company with no material operations. As part of the Reorganization, on May 10, 2019, the Company acquired NCL (HK), which is our principal operating subsidiary and is principally engaged in the business of freight forwarding and ancillary logistics services. NCL (HK) was incorporated in Hong Kong as a limited liability company on July 31, 2002, with an issued share capital of HK$1,000,000 divided into 1,000,000 shares. On September 26, 2019, the Company, via NCL (HK), has acquired NCEW (HK) and Win-Tec. NCEW (HK) is principally engaged in the business of freight forwarding services and Win-Tec is principally engaged in the business of warehousing and distribution services.

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