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New Century Logistics (BVI) Ltd. ( (NCEW) ) just unveiled an announcement.
On December 18, 2025, New Century Logistics (BVI) Limited announced that independent non-executive directors Ma Jay Suk Lin and Liu Kwong Sang stepped down from the board and its key committees upon the expiration of their terms, with the company emphasizing that their departure did not arise from any disagreement over operations, policies or procedures. Effective the same day, the board appointed legal and corporate finance professional Mak Tsz Yeung and corporate governance specialist Chu Ka Ying as new independent non-executive directors and members of the audit, compensation, and nominating and corporate governance committees—designating Mak as chair of the compensation committee—moves that refresh the board’s independent oversight while reinforcing regulatory compliance and governance expertise for stakeholders under SEC and Nasdaq rules.
More about New Century Logistics (BVI) Ltd.
New Century Logistics (BVI) Limited is a Hong Kong–based company listed in the United States as a foreign private issuer, overseen by a seven-member board comprising three executive directors and four independent non-executive directors and subject to SEC and Nasdaq corporate governance and independence standards.
Average Trading Volume: 38,533
Technical Sentiment Signal: Sell
Current Market Cap: $12.58M
For an in-depth examination of NCEW stock, go to TipRanks’ Overview page.