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News  ›  GlobeNewswire Inc.

New Century Logistics (BVI) Limited Announces 1-for-8 Reverse Stock Split

GlobeNewswire Inc. Logo GlobeNewswire Inc. By New Century Logistics (Bvi) Limited
New Century Logistics (BVI) Limited Announces 1-for-8 Reverse Stock Split

New Century Logistics plans to implement a 1-for-8 reverse stock split on November 14, 2025, reducing its authorized common stock from 100,000,000 to 12,500,000 shares while maintaining trading under the symbol 'NCEW'.

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NCEW   neutral

The reverse stock split is a standard financial maneuver to adjust stock price and authorized shares, which does not inherently indicate positive or negative performance. The company maintains its operational structure and trading status.