Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 79

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 79
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 Singapore end-users via other channels or accounts (though such directions cannot be issued in respect of private communications due to privacy concerns). Non-compliance with a direction by IMDA constitutes a criminal offence, punishable with a fine. |

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Regulations on Intellectual Property Rights

The Intellectual Property Office
of Singapore administers the intellectual property legislative framework in Singapore, which includes copyrights, trademarks and patents.
Singapore is a member of the main international conventions regulating intellectual property matters, and the World Trade Organization’s
Agreement on Trade Related Aspects of Intellectual Property Rights.

Singapore operates a first-to-file
system in respect of registered trademarks under the Trade Marks Act 1988 of Singapore, and the registered proprietor is granted a statutory
monopoly of the trademark in Singapore in relation to the product or service for which it is registered. In the event of any trademark
infringement, the registered proprietor will be able to rely on the registered trademark as proof of his right to the mark, and the infringement
of a trademark may give rise to civil and criminal liabilities. Statutory protection of a registered trademark can last indefinitely,
as long as the registration is renewed every 10 years. Unregistered trademarks are also protected under the common law of passing
off, provided that the owner is able to prove that there is goodwill or reputation in the mark; misrepresentation on the part of the infringer;
and damage to the mark as a result.

Regulations on Competition Laws

The Competition Act 2004 of Singapore
prohibits anti-competitive practices. Specific prohibited activities include agreements that prevent, restrict or distort competition,
abuse of dominance and mergers that substantially lessen competition, whether these take place within or outside of Singapore, so long
as they have an impact on a market in Singapore. The Competition and Consumer Commission of Singapore (the “CCCS”)
is responsible for administering and enforcing the Competition Act 2004 of Singapore, which covers all industries and sectors unless specifically
exempted or excluded. Infringements of the Competition Act can result in financial penalties of up to 10 per cent. of the turnover of
the business in Singapore for each year of infringement, up to a maximum of three years. The CCCS also has powers to impose directions
requiring infringing undertakings to stop or modify the activity or conduct, or in the case of anti-competitive mergers, to remedy, mitigate
or eliminate the adverse effects arising from the merger.

Regulations on Labor