UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __)* Apex Wealth Enterprises Limited -------------------------------------------- (Name of Issuer) Common Stock ---------------------------------------------------- (Title of Class of Securities) G04222108 ------------------------ (CUSIP Number) December 31, 2004 ---------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [x] Rule 13d-1(d) Page 1 of 5 Pages SCHEDULE 13G --------------------- ----------------- CUSIP No. G04222108 Page 2 of 5 Pages --------------------- ------------------ =========================================================================== Name of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only) Li Sze Tang --------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] --------------------------------------------------------------------------- 3 SEC Use Only --------------------------------------------------------------------------- 4 Citizenship or Place of Organization Hong Kong -------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------------------------------- Number of Shares 5 Sole Voting Power Beneficially Owned by 0 Each Reporting Person With ------------------------------------------------------ 6 Shared Voting Power 10,000,000 ------------------------------------------------------ 7 Sole Dispositive Power 0 ------------------------------------------------------ 8 Shared Dispositive Power 10,000,000 -------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned By Each Reporting Person 10,000,000 --------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] --------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 83.3% --------------------------------------------------------------------------- 12 Type of Reporting Person (see Instructions) IN =========================================================================== Page 3 of 5 Pages SCHEDULE 13G Item 1. (a) Name of Issuer: Apex Wealth Enterprises Limited (b) Address of Issuer's Principal Executive Office: Room 3505-06, 35th Floor Edinburgh Tower, the Landmark 15 Queen's Road Central, Hong Kong Item 2. Name of Person Filing (a) Name of Person Filing: Li Sze Tang (b) Address of Principal Office: Room 3505-06, 35th Floor Edinburgh Tower, the Landmark 15 Queen's Road Central, Hong Kong (c) Citizenship: Hong Kong (d) Title of Class of Securities: Common Stock (e) CUSIP Number: Nil Item 3. If Statement is filed pursuant to Rules 13(d)-1(b) or 13d-2(b), check whether Person Filing is a Not Applicable. (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [ ] An investment adviser in accordance with ss. 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with ss. 240.13d-1(b)(1)(ii)(F) Page 4 of 5 Pages (g) [ ] A parent holding company or control person in accordance with ss. 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J). Item 4. Ownership (a) Amount Beneficially Owned: 10,000,000 (b) Percentage of Class: 83.3% (c) Number of shares of which such person has: (i) power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote 10,000,000 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared Dispositive Power: 10,000,000 Item 5. Ownership of Five Percent or Less of a Class Not Applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another Person The shares are held of record by First Asia International Holdings Limited, of which the reporting person owns 50%, and his wife, Ms. Wong Lap Woon owns 50%. Page 5 of 5 Pages Item 7. Identification and Classification of Members of the Subsidiary Which Acquired the Securities Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of Group. Not Applicable. Item 10. Certification Not Applicable SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 15, 2005 /s/ Li Sze Tang Li Sze Tang