Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 93

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 93
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 long-term investment purposes.

Under the Stamp Duty Ordinance
(Chapter 117 of the Laws of Hong Kong), the Hong Kong stamp duty currently charged at the ad valorem rate of 0.1% on the higher of the
consideration for or the market value of the shares, will be payable by the purchaser on every purchase and by the seller on every sale
of Hong Kong shares (in other words, a total of 0.2% is currently payable on a typical sale and purchase transaction of Hong Kong shares).
In addition, a fixed duty of HK$5 is currently payable on any instrument of transfer of Hong Kong shares. Where one of the parties is
a resident outside Hong Kong and does not pay the ad valorem duty due by it, the duty not paid will be assessed on the instrument of transfer
(if any) and will be payable by the transferee. If no stamp duty is paid on or before the due date, a penalty of up to ten times the duty
payable may be imposed.

Regulations on Anti-money Laundering and Counter-Terrorist Financing

The Anti-money Laundering and
Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) (the “AMLO”) imposes requirements
relating to client due diligence and record-keeping and provides regulatory authorities with the powers to supervise compliance with the
requirements under the AMLO. In addition, the regulatory authorities are empowered to (i) ensure that proper safeguards exist to
prevent contravention of specified provisions in the AMLO; and (ii) mitigate money laundering and terrorist financing risks. Our
Hong Kong subsidiaries are not subject to these requirements.

Among other things, the Organized
and Serious Crimes Ordinance (Chapter 455 of the Laws of Hong Kong) (the “OSCO”) empowers officers of the Hong
Kong Police Force and the Hong Kong Customs & Excise Department to investigate organized crime and triad activities, and confers jurisdiction
on the Hong Kong courts to confiscate the proceeds of organized and serious crimes and to issue restraint orders and charging orders in
relation to the property of defendants of specified offenses under the OSCO. The OSCO extends the money laundering offense to cover the
proceeds from all indictable offenses.

Among other things, the UN United
Nations (Anti-terrorism Measures) Ordinance (Chapter 575 of the Laws of Hong Kong) (the “UNATMO”) stipulates
that it is a criminal offense