Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 30

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 30
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| Ms. San Man Leng  |     | Independent Director                              |     | United States |     | Hong Kong |
| Mr. Ho Chuen Shin |     | Independent Director                              |     | Chinese       |     | Hong Kong |
| Mr. Fan Cheung    |     | Independent Director                              |     | Chinese       |     | Hong Kong |

K M Lai & Li, our counsel as to the laws of Hong Kong, has advised us that there is uncertainty as to whether the courts of Hong Kong 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 Hong Kong against us or our directors or officers predicated upon the securities laws of the United States or any state in the United States.

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A judgment of a court in
the United States predicated upon U.S. federal or state securities laws may be enforced in Hong Kong at common law by bringing
an action in a Hong Kong court on that judgment for the amount due thereunder, and then seeking summary judgment on the strength
of the foreign judgment, provided that the foreign judgment, among other things, is (1) for a debt or a definite sum of money (not
being taxes or similar charges to a foreign government taxing authority or a fine or other penalty), and (2) final and conclusive
on the merits of the claim, but not otherwise. Such a judgment may not, in any event, be so enforced in Hong Kong if (a) it
was obtained by fraud, (b) the proceedings in which the judgment was obtained were opposed to natural justice, (c) its enforcement
or recognition would be contrary to the public policy of Hong Kong, (d) the court of the United States was not jurisdictionally
competent, or the judgment was in conflict with a prior Hong Kong judgment.

Hong Kong has no arrangement
for the reciprocal enforcement of judgments with the United States. As a result, there is uncertainty as to the enforceability in
Hong Kong, in original actions or in actions for enforcement, of judgments of U.S. courts of civil liabilities predicated solely
upon the federal securities laws of the United States or the securities laws of any state or territory within the United States.

Recent Regulatory Developments in the PRC

We are aware that, recently,
the P