Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 51

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 51
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 in the market, which, in turn, could
cause our share price or trading volume to decline and result in the loss of all or a part of your investment in us.

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  Table of Contents  

You may experience difficulties
in effecting service of legal process, enforcing foreign judgments, or bringing original actions in the Cayman Islands or Hong Kong based
on U. S. or other foreign laws, and the ability of U. S. authorities to bring actions in the Cayman Islands or Hong Kong may also be limited.

We are a company incorporated
under the laws of the Cayman Islands. We conduct substantially all our operations in Hong Kong and substantially all of our assets are
located in Hong Kong. In addition, a majority of our directors and executive officers and the experts named in this annual report reside
outside the United States, and most of their assets are located outside the United States. As a result, it may be difficult or impossible
for you to effect service of process within the United States upon us or these individuals or to bring an action against us or against
these individuals in the United States in the event that you believe that your rights have been infringed under the U. S. federal securities
laws or otherwise. Even if you are successful in bringing an action of this kind, the laws of the Cayman Islands, Hong Kong, or other
relevant jurisdictions may render you unable to enforce a judgment against our assets or the assets of our directors and officers.

Our counsel as to
the laws of the Cayman Islands has advised us that there is uncertainty as to whether the courts of the Cayman Islands would (i) recognize
or enforce judgments of U. S. courts obtained against us or our directors or officers predicated upon the civil liability provisions of
the securities laws of the United States or any state in the United States, or (ii) entertain original actions brought in the Cayman
Islands against us or our directors or officers predicated upon the securities laws of the United States or any state in the United States.

Our counsel as to
the laws of the Cayman Islands has also informed us that the courts of the Cayman Islands would recognize as a valid judgment a final
and conclusive judgment in personamobtained in the foreign courts against our Company under which a sum of money is payable (other
than a sum of money payable in respect to multiple damages, taxes, or other charges of a like nature or in respect to a fine or other
penalty