Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 106

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 106
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 Outlets Company Limited, which is incorporated under the laws of Hong Kong. The above chart assumes an offering of [2,580,000] Class A Ordinary Shares. 55

Group Reorganization Prior to the incorporation of the Company, the principal operations are carried out through Broaden Leisure which were wholly owned by Mr. Ngai Chiu Wong. We have conducted a reorganization, primarily to facilitate our initial public offering in the United States. Currently, GGBB, the BVI holding company; and Broaden Leisure, the Hong Kong operating subsidiary are 100% owned by Gifts International. As at the date of this prospectus, the ownership of our subsidiaries and entities are as follows:

| Name            
 GGBB            
 Broaden Leisure |     | Background                                                                                                                                                                                                                                                                                                                                                                                                                                                  
 Incorporated on May 21, 2024 under the laws of the BVI as an investment holding company and owned by Gifts International.                                                                                                                                                                                                                                                                                                                                   
 Incorporated on June 2, 2008 as a private company limited by shares under the laws of Hong Kong. Prior to the reorganization, Broaden Leisure was wholly owned by Mr. Ngai Chiu Wong. As part of the reorganization, on July 31, 2024, Mr. Ngai Chiu Wong, as vendor, entered into a sale and purchase agreement with GGBB, as purchaser, and Gifts International, as allotee, pursuant to which GGBB acquired the entire share capital of Broaden Leisure. |     | Ownership                         
 100% owned by Gifts International 
 100% owned by GGBB                |
|:----------------|:----|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:----------------------------------|
| MGGB            |     | Incorporated on July 17, 2012 as a private company limited by shares under the laws of Macau. MGGB was wholly owned by Mr. Ngai Chiu Wong.                                                                                                                                                                                                                                                                                                                  |     | VIE                               |

Gifts International, the issuer in this offering, was incorporated as a business company in the British Virgin Islands on April 16, 2024. Gifts International was authorized to issue a maximum of 50,000 Shares with no par value of a single class. 1 Share was legally and beneficially owned by Mr.Ngai Chiu Wong at the time of the Gifts International’s incorporation. On October3, 2024, Gifts International resolved and approved to increase the maximum number of shares it is authorized to issue from 50,