Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 17

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 17
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., as such judgments of U. S. courts will not be directly enforced
in Hong Kong. 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 U. S. or any state
in the U. S.; or (ii) entertain original actions brought in Hong Kong against us or our directors or officers predicated upon the securities
laws of the U. S. or any state in the U. S. As a result, it may be difficult for a shareholder to effect service of process within the
U. S. upon these persons or to enforce against us or them judgments obtained in U. S. courts, including judgments predicated upon the civil
liability provisions of the securities laws of the U. S. or any state in the U. S. Even if you are successful in bringing an action of
this kind, the laws of the BVI may render you unable to enforce a judgment against our assets or the assets of our directors and officers.
As a result of all of the above, our shareholders may have more difficulties in protecting their interests through actions against us
or our officers, directors or major shareholders than would shareholders of a corporation incorporated in a jurisdiction in the U. S.

Changes
in international trade policies, trade disputes, barriers to trade, or the emergence of a trade war may dampen growth in Hong Kong, where
the majority of our customers reside.

Political
events, international trade disputes, and other business interruptions could harm or disrupt international commerce and the global economy,
and they could have a material adverse effect on us and our customers, our service providers, and our other partners. International trade
disputes could result in tariffs and other protectionist measures that may materially and adversely affect our business.

Tariffs
could increase the cost of the services and products, which could affect customers’ investment decisions. In addition, political
uncertainty surrounding international trade disputes and the potential of their escalation to trade war and global recession could have
a negative effect on customer confidence, which could materially and adversely affect our business. We also may have access to fewer
business opportunities, and our operations may be negatively impacted as a result. In addition, the current and future actions or escalations
by either the U. S. or China that affect trade relations may cause global economic turmoil and potentially have a negative impact on