Business Context and Reporting Period
Company: New Century Logistics (BVI) Limited
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: November 7, 2025
Reporting Period: November 2025
This filing announces a corporate action regarding the Company's capital structure rather than providing periodic financial results.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a reverse stock split and does not contain financial performance data.
Material Changes
- Reverse Stock Split: The Company expects to implement a 1-for-8 reverse stock split effective November 14, 2025, subject to Nasdaq Operations notice requirements.
- Trading Adjustment: Trading is expected to begin on a split-adjusted basis at the market open on November 14, 2025.
- Authorized Share Reduction: The authorized number of common shares was reduced from 100,000,000 to 12,500,000 shares, reflecting the same 1-for-8 ratio as the issued and outstanding shares.
- Legal Filing: An Amended and Restated Memorandum of Association was filed with the British Virgin Islands Registry of Corporate Affairs on October 9, 2025.
Guidance, Outlook, and Management Commentary
Management Action: The Board of Directors approved the reverse stock split on October 3, 2025.
Shareholder Approval: No stockholder approval is required for this action pursuant to BVI law.
Conditions: The implementation is contingent upon the Company satisfying Nasdaq Operations notice requirements.
Investor Verification Checklist
- Confirm the effective date of the 1-for-8 reverse stock split (expected November 14, 2025).
- Verify the Company's compliance with Nasdaq listing standards and notice requirements.
- Check the updated share count and authorized share limit post-split.
- Review the Amended and Restated Memorandum of Association (Exhibit 3.1) for specific terms.