UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported) August 16, 2005

                          Madison Avenue Holdings Inc.
               -------------------------------------------------
               (Exact name of Registrant as specified in charter)


        Delaware                      000-50655                   20-0823997
--------------------------------------------------------------------------------
(State or other jurisdic-            (Commission                (IRS Employer
  tion of incorporation)             File Number)            Identification No.)


          428 South Atlantic Blvd., Suite 328, Monterey Park, CA 91754
          ------------------------------------------------------------
               (Address of principal executive offices)     (Zip Code)

Registrant's telephone number, including area code: (626-576-4333)
                                                    --------------

                             c/o Cesar Villavicencio
                               344 E. 50th Street
                            New York, New York 10022
     ---------------------------------------------------------------------
         (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))


<PAGE>

SECTION 5 CORPORATE GOVERNANCE AND MANAGEMENT

Item 5.01     Changes in Control of Registrant
---------     --------------------------------

          Madison Avenue Holdings Inc. (the "Company") entered into a Stock
Purchase Agreement dated as of July 8, 2005 with Acer Limited ("Acer"), a
British Virgin Islands company, and Alex Kam ("Kam"). Under the Stock Purchase
Agreement, Acer agreed to sell to Kam 475,000 shares of common stock of the
Company, constituting 95% of the issued and outstanding common stock of the
Company (the "Shares"). The purchase price for the Shares was $120,000. The
stock purchase transaction was closed on August 16, 2005. Further information on
the Stock Purchase Agreement is hereby incorporated by referenced to the current
report on Form 8-K previously filed with the Securities and Exchange Commission
("SEC") on August 25, 2005.

         By virtue of his acquisition of a majority of the voting securities of
the Company pursuant to the Stock Purchase Agreement, Kam acquired from Acer
control of the Company on August 16, 2005. In connection with the transaction,
the Board of Directors of the Company elected Alex Kam (the "New Director") as a
director of the Company, who will take office ten days after the Company files
with the SEC and transmits to all holders of record of common stock of the
Company an Information Statement containing the information required under SEC
Rule 14f-1 (the "Information Statement"). The Board also approved the filing of
the Information Statement and this Current Report on Form 8-K and the Board
appointed Alex Kam as Chief Executive Officer of the Company (the "New
Officer"). In addition, immediately after taking the foregoing action, all
directors and officers of the Company (other than the New Director and New
Officer) resigned, effective immediately upon the filing and dissemination of
the Information Statement. Set forth in Item 5.02 below is certain information
concerning all of the New Director and New Officer.

Item 5.02     Departure of Directors or Principal Officers; Election of
---------     ---------------------------------------------------------
Directors; Appointment of Principal Officers.
---------------------------------------------

         On July 8, 2005, as contemplated in the Stock Purchase Agreement
discussed in Item 5.01, Cesar Villavicencio resigned as a director and resigned
from all of his officer positions with the Company, including, but not limited
to, Chief Executive Officer, President, Chief Financial Officer and Secretary.
The resignation of Cesar Villavicencio shall become effective immediately after
the time the election of the New Director becomes effective. The New Director
shall take office ten days after the Company files with the SEC and transmits to
all holders of record of common stock of the Company the Information Statement
specified in Item 5.01. The New Director shall serve until the next annual
meeting of stockholders of the Company or until their earlier death, disability
or resignation. The New Officer shall serve at the pleasure of the Board of
Directors. Currently, the Board of Directors does not have any committees. Set
forth below is certain information concerning the New Director, who is also the
New Officer of the Company elected in connection with the sale of the shares to
Kam on July 8, 2005.

<PAGE>

Name           Age          Positions with the Company
----           ---          --------------------------

Alex Kam       52           Chief Executive Officer and a director of the
                            Company.

Alex Kam, will serve as the Chief Executive Officer and a director of the
Company. Mr. Kam has extensive experience in international trade between the
U.S. and China. He established ACE Wholesale in 1981 and has severed as
President of ACE Wholesale since that time. ACE Wholesale has operations in
Hongkong and China, and focuses primarily on the import and export of electronic
items. Since 1981, he has also served as Executive Vice President of The ACE
Group, President of Marido Industrial Corporation, and President of Leman
Development Corporation. Additionally, Mr. Kam also founded United National Bank
in Monterey Park in 1986 and served as a director of the bank until the bank was
sold in 1992. Mr. Kam has a Masters of Science degree from the University of
California at Los Angeles.

Family relationships

Not applicable as the Company currently only has one director and officer which
are the same person.

Certain Relationships and Related Transactions

Other than the security ownership in the Company, the Company has no other
related transactions with Mr. Kam.

Employment Agreement

The Company has not entered into any employments with executive officers or
other employees to date.

Item 9.01     Financial Statements and Exhibits
---------     ---------------------------------

(a)   Financial Statements of Business Acquired. None
(b)   Pro Forma Financial Information. None
(c)   Exhibits.

      17.1   Resignation from Cesar Villavicencio dated July 8, 2005 is hereby
             incorporated by reference to Exhibit 17.1 to the Company's Current
             Report on Form 8-K filed on August 25, 2005.

<PAGE>

                                   Signatures
                                   ----------

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                               MADISON AVENUE HOLDINGS INC.

September 6, 2005                              By: /s/ Alex Kam
                                                   -------------
                                                   Alex Kam
                                                   Chief Executive Officer
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UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 16, 2005

                          Madison Avenue Holdings Inc.
               -------------------------------------------------
               (Exact name of Registrant as specified in charter)

        Delaware                      000-50655                   20-0823997
--------------------------------------------------------------------------------
(State or other jurisdic-            (Commission                (IRS Employer
  tion of incorporation)             File Number)            Identification No.)

          428 South Atlantic Blvd., Suite 328, Monterey Park, CA 91754
          ------------------------------------------------------------
               (Address of principal executive offices)     (Zip Code)

Registrant's telephone number, including area code: (626-576-4333)
                                                    --------------

                             c/o Cesar Villavicencio
                               344 E. 50th Street
                            New York, New York 10022
     ---------------------------------------------------------------------
         (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))
SECTION 5 CORPORATE GOVERNANCE AND MANAGEMENT

Item 5.01     Changes in Control of Registrant
---------     --------------------------------

          Madison Avenue Holdings Inc. (the "Company") entered into a Stock
Purchase Agreement dated as of July 8, 2005 with Acer Limited ("Acer"), a
British Virgin Islands company, and Alex Kam ("Kam"). Under the Stock Purchase
Agreement, Acer agreed to sell to Kam 475,000 shares of common stock of the
Company, constituting 95% of the issued and outstanding common stock of the
Company (the "Shares"). The purchase price for the Shares was $120,000. The
stock purchase transaction was closed on August 16, 2005. Further information on
the Stock Purchase Agreement is hereby incorporated by referenced to the current
report on Form 8-K previously filed with the Securities and Exchange Commission
("SEC") on August 25, 2005.

         By virtue of his acquisition of a majority of the voting securities of
the Company pursuant to the Stock Purchase Agreement, Kam acquired from Acer
control of the Company on August 16, 2005. In connection with the transaction,
the Board of Directors of the Company elected Alex Kam (the "New Director") as a
director of the Company, who will take office ten days after the Company files
with the SEC and transmits to all holders of record of common stock of the
Company an Information Statement containing the information required under SEC
Rule 14f-1 (the "Information Statement"). The Board also approved the filing of
the Information Statement and this Current Report on Form 8-K and the Board
appointed Alex Kam as Chief Executive Officer of the Company (the "New
Officer"). In addition, immediately after taking the foregoing action, all
directors and officers of the Company (other than the New Director and New
Officer) resigned, effective immediately upon the filing and dissemination of
the Information Statement. Set forth in Item 5.02 below is certain information
concerning all of the New Director and New Officer.

Item 5.02     Departure of Directors or Principal Officers; Election of
---------     ---------------------------------------------------------
Directors; Appointment of Principal Officers.
---------------------------------------------

         On July 8, 2005, as contemplated in the Stock Purchase Agreement
discussed in Item 5.01, Cesar Villavicencio resigned as a director and resigned
from all of his officer positions with the Company, including, but not limited
to, Chief Executive Officer, President, Chief Financial Officer and Secretary.
The resignation of Cesar Villavicencio shall become effective immediately after
the time the election of the New Director becomes effective. The New Director
shall take office ten days after the Company files with the SEC and transmits to
all holders of record of common stock of the Company the Information Statement
specified in Item 5.01. The New Director shall serve until the next annual
meeting of stockholders of the Company or until their earlier death, disability
or resignation. The New Officer shall serve at the pleasure of the Board of
Directors. Currently, the Board of Directors does not have any committees. Set
forth below is certain information concerning the New Director, who is also the
New Officer of the Company elected in connection with the sale of the shares to
Kam on July 8, 2005.
Name           Age          Positions with the Company
----           ---          --------------------------

Alex Kam       52           Chief Executive Officer and a director of the
                            Company.

Alex Kam, will serve as the Chief Executive Officer and a director of the
Company. Mr. Kam has extensive experience in international trade between the
U.S. and China. He established ACE Wholesale in 1981 and has severed as
President of ACE Wholesale since that time. ACE Wholesale has operations in
Hongkong and China, and focuses primarily on the import and export of electronic
items. Since 1981, he has also served as Executive Vice President of The ACE
Group, President of Marido Industrial Corporation, and President of Leman
Development Corporation. Additionally, Mr. Kam also founded United National Bank
in Monterey Park in 1986 and served as a director of the bank until the bank was
sold in 1992. Mr. Kam has a Masters of Science degree from the University of
California at Los Angeles.

Family relationships

Not applicable as the Company currently only has one director and officer which
are the same person.

Certain Relationships and Related Transactions

Other than the security ownership in the Company, the Company has no other
related transactions with Mr. Kam.

Employment Agreement

The Company has not entered into any employments with executive officers or
other employees to date.

Item 9.01     Financial Statements and Exhibits
---------     ---------------------------------

(a)   Financial Statements of Business Acquired. None
(b)   Pro Forma Financial Information. None
(c)   Exhibits.

      17.1   Resignation from Cesar Villavicencio dated July 8, 2005 is hereby
             incorporated by reference to Exhibit 17.1 to the Company's Current
             Report on Form 8-K filed on August 25, 2005.
Signatures
                                   ----------

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                               MADISON AVENUE HOLDINGS INC.

September 6, 2005                              By: /s/ Alex Kam
                                                   -------------
                                                   Alex Kam
                                                   Chief Executive Officer