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UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE
FILING
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OMB APPROVAL
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OMB Number: 3235-0058
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Expires: February 28,
2022
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Estimated average burden hours per
response ... 2.50
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SEC FILE NUMBER
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000-55410
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CUSIP NUMBER
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64202A109
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(Check
one):
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☐ Form 10-K ☐ Form 20-F ☐ Form 11-K
x Form 10-Q ☐ Form 10-D ☐ Form N-SAR ☐ Form N-CSR
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For Period Ended:
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September 30, 2022
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☐ Transition Report on
Form 10-K
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☐ Transition Report on
Form 20-F
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☐ Transition Report on
Form 11-K
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☐ Transition Report on
Form 10-Q
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☐ Transition Report on
Form N-SAR
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For the Transition Period
Ended:
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If the notification relates to a
portion of the filing checked above, identify the Item(s) to which
the notification relates:
PART I — REGISTRANT
INFORMATION
New Asia Holdings,
Inc.
Full
Name of Registrant
N/A
Former Name if Applicable
80 Tras Street #01-03, Singapore
Address of Principal Executive Office (Street and Number)
Singapore 079019
City, State and Zip Code
PART II — RULES 12b-25(b) AND
(c)
If the subject report could not be
filed without unreasonable effort or expense and the registrant
seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
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X
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(a) The reason described in
reasonable detail in Part III of this form could not be eliminated
without unreasonable effort or expense
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(b) The subject annual report,
semi-annual report, transition report on Form 10-K, Form 20-F, Form
11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on
or before the fifteenth calendar day following the prescribed due
date; or the subject quarterly report or transition report on Form
10-Q or subject distribution report on Form 10-D, or portion
thereof, will be filed on or before the fifth calendar day following
the prescribed due date; and
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(c) The accountant’s statement or
other exhibit required by Rule 12b-25(c) has been attached if
applicable.
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PART III
— NARRATIVE
State below in reasonable detail the reasons why
Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition
report or portion thereof, could not be filed within the prescribed
time period.
The
filing of the Company’s Quarterly Report on Form 10-Q for the
quarterly period ended September 30th, 2022 (“Quarterly Report”)
will be delayed due to circumstances related to ongoing activities
related to a potential joint venture and COVID-19 and its impact on
the Company’s accounting operations. Because of continuing
government orders issued to combat the COVID-19 outbreak both in
the Company’s Headquarters in Singapore, the Company’s offices and
systems have been subject to closure and, as a result, its staff
must continue to work remotely, and this has caused delays in the
preparation of the accounting and consolidated financial reports.
The significant amount of additional time and resources needed to
initiate remote access prevented the Company from completing the
tasks necessary to file this Quarterly Report by its November 14th,
2022, due date. The Company does not expect to have a significant
change in its results of operations compared to the corresponding
period in the prior year.
The
registrant was not, without unreasonable effort or expense, able to
file its Quarterly Report on Form 10-Q for the period ended
September 30th, 2022, by the prescribed due date. The registrant
anticipates that it will file its Quarterly Report on Form 10-Q
within five calendar days following the prescribed due date within
the "grace" period provided by Securities Exchange Act Rule
12b-25.
PART IV — OTHER
INFORMATION
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(1)
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Name and telephone number of people to
contact in regard to this notification
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Jose A. Capote
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(949)
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271-6333
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(Name)
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(Area Code)
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(Telephone Number)
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(2)
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Have all other periodic reports
required under Section 13 or 15(d) of the Securities Exchange
Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period
that the registrant was required to file such report(s) been filed?
If answer is no, identify report(s).
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Yes x No
☐
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(3)
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Is it anticipated that any significant
change in results of operations from the corresponding period for
the last fiscal year will be reflected by the earnings statements
to be included in the subject report or portion thereof?
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Yes ☐ No
x
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If so, attach an explanation of the
anticipated change, both narratively and quantitatively, and, if
appropriate, state the reasons why a reasonable estimate of the
results cannot be made.
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New Asia Holdings,
Inc.
(Name of Registrant as Specified in
Charter)
has caused this notification to be
signed on its behalf by the undersigned hereunto duly
authorized.
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Date:
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November 14th, 2022
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By:
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/s/ Lin Kok Peng
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Name: Lin Kok Peng
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Title: Chief Executive
Officer
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