|
New
Dragon Asia Corp.
|
||
(Name
of Issuer)
|
||
Class
A Common Stock, par value $0.0001 per share
|
||
(Title
of Class of Securities)
|
||
|
645378H102
|
|
|
(CUSIP
Number)
|
|
|
||
December 4,
2007
|
||
(Date
of Event Which Requires Filing of this Statement)
|
||
|
|
|
CUSIP
No
.
645378H102
|
SCHEDULE
13G
|
Page 2 of
6 Pages
|
1
|
NAME
OF REPORTING PERSON
S.S.
OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kong
Sang Chan
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
o
______
(b)
o
______
|
||
3
|
SEC
USE ONLY
|
||
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
The
People’s Republic of China
|
||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
5
|
SOLE
VOTING POWER
5,448,620
|
|
6
|
SHARED
VOTING POWER
0
|
||
7
|
SOLE
DISPOSITIVE POWER
5,448,620
|
||
8
|
SHARED
DISPOSITIVE POWER
0
|
||
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,448,620
|
||
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
ÿ
|
||
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.91%
|
||
12
|
TYPE
OF REPORTING PERSON
IN
|
CUSIP
No. 645378H102
|
SCHEDULE
13G
|
Page 3
of
6 Pages
|
|
The
following is information regarding the aggregate number and percentage
of
the class of securities of the Issuer identified in Item 1 as of
December
5, 2007:
|
(a)
|
Amount
beneficially owned: 5,448,620 shares of Common Stock, of which 3,500,000
shares were purchased pursuant to the Securities Purchase Agreement
dated
as of December 4, 2007.
|
(b)
|
Percent
of Class: 9.91%
|
(c)
|
Number
of shares as to which such person
has:
|
CUSIP
No. 645378H102
|
SCHEDULE
13G
|
Page 4
of 6
Pages
|
CUSIP
No. 645378H102
|
SCHEDULE
13G
|
Page 5
of
6 Pages
|
CUSIP
No. 645378H102
|
SCHEDULE
13G
|
Page 6
of 6
Pages
|
By: /s/
Kong Sang Chan
Name:
Kong Sang Chan
|