SUNBASE ASIA INC
NT 10-Q, 2000-05-15
CRUDE PETROLEUM & NATURAL GAS
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                                  Form 12b-25
 [As last amended in Release No. 34-35113, December 19, 1994, 59 F.R. 67752.]

                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                  FORM 12b-25

                          NOTIFICATION OF LATE FILING

                                 (Check One):

   [ ]Form 10-K  [ ]Form 20-F   [ ]Form 11-K   [X]Form 10-Q  [ ]Form N-SAR

                For Period Ended: 31-March-2000
                                 ------------------------
                [ ] Transition Report on Form 10-K
                [ ] Transition Report on Form 20-F
                [ ] Transition Report on Form 11-K
                [ ] Transition Report on Form 10-Q
                [ ] Transition Report on Form N-SAR

For the Transition Period Ended: ____________________________

  Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.

   Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:

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PART I - REGISTRANT INFORMATION

- --------------------------------------------------------------------------------
Full Name of Registrant
Former Name if Applicable
                               SUNBASE ASIA INC.
- --------------------------------------------------------------------------------

Address of Principal Executive Office (Street and Number)

19/F, First Pacific Bank Centre, 51-51 Gloucester Road Wanchai, Hong Kong
- --------------------------------------------------------------------------------
City, State and Zip Code

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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)

      (a)  The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;

      (b)  The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be filed on
or before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report of transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and

      (c)  The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.

- --------------------------------------------------------------------------------
<PAGE>

PART III - NARRATIVE
- --------------------------------------------------------------------------------
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
                                               (Attach Extra Sheets if Needed)
Additional Time Needed to review the Books and records in PRC.
- --------------------------------------------------------------------------------

PART IV - OTHER INFORMATION
- --------------------------------------------------------------------------------
        (1)  Name and telephone number of person to contact in regard to this
     notification.

     LI Yuen Fai (Roger)               (852)                   2865 1511
     ----------------------------    --------------    -------------------------
               (Name)                 (Area Code)         (Telephone Number)

        (2) 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).                   [X] Yes [ ] No


        (3) Is it anticipated that any significant changes 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?                                    [ ] Yes  [X] No

     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.

          -----------------------------------------------------------
                 (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.

Date   15-May-2000                      By  Roger LI
    ------------------------------        --------------------------------------

INSTRUCTION:  The form may be signed by an executive officer of the registrant
or by any other duly authorized representative.  The name and title of the
person signing the form shall be typed or printed beneath the signature.  If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
- --------------------------------------------------------------------------------
                                   ATTENTION

     Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).

- --------------------------------------------------------------------------------

                             GENERAL INSTRUCTIONS

1.  This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.

2.  One signed original and four conformed copies of this form and amendments
thereto must be completed and filed with the Securities and Exchange Commission,
Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and
Regulations under the Act. The information contained in or filed with the form
will be made a matter of public record in the Commission files.

3.  A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of
the registrant is registered.

4.  Amendments to the notifications must also be filed on form 12b-25 but need
not restate information that has been correctly furnished.  The form shall
be clearly identified as an amended notification.

5.  Electronic Filers.  This form shall not be used by electronic filers unable
to timely file a report solely due to electronic difficulties. Filers unable to
submit a report within the time period prescribed due to difficulties in
electronic filing should comply with either Rule 201 or Rule 202 of Regulation
S-T ((S)232.201 or (S)232.202 of this chapter) or apply for an adjustment in
filing date pursuant to Rule 13(b) of Regulation S-T ((S)232.13(b) of this
chapter).


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