Company: GINT
Filing Date: 2025-05-19
Form Type: DRS/A
Source: 0001213900-25-045183
Chunk: 161

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-19
Form: DRS/A
Chunk 161
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d) key management personnel, that is, those persons having authority and responsibility for planning, directing and controlling the activities of the Company, including directors and senior management of companies and close members of such individuals’ families; and (e) enterprises in which a substantial interest in the voting power is owned, directly or indirectly, by any person described in (c) or (d) or over which such a person is able to exercise significant influence. Before the completion of this offering, we intend to adopt an audit committee charter, which will require the committee to review all related party transactions on an ongoing basis and all such transactions be approved by the audit committee. In determining whether to approve a related party transaction, the audit committee shall consider, among other factors, the following factors to the extent relevant to the related party transaction: •whether the terms of the related party transaction are fair to the Company and on the same basis as would apply if the transaction did not involve a related party; •whether there are business reasons for the Company to enter into the related party transaction; •whether the related party transaction would impair the independence of an outside director; •whether the related party transaction would present an improper conflict of interest for any director or executive officer of the Company, taking into account the size of the transaction, the overall financial position of the director, executive officer or the related party, the direct or indirect nature of the director’s, executive officer’s or the related party’s interest in the transaction and the ongoing nature of any proposed relationship, and any other factors the audit committee deems relevant; and •any pre -existingcontractual obligations. Nature of relationships with related parties are listed below:

| Names and Relationship of Related Party: |     | Existing Relationship with the Company                              |
| Mr. Wong                                 |     | Director and major shareholder of the Company                       |
| Take Care HK Limited (“Take Care”)       |     | Entity 100% owned by and controlled by common shareholder, Mr. Wong |
| Tutti Digital Limited                    |     | Entity 12.5% owned by common shareholder, Mr. Wong                  |
| iMHKB Group Ltd                          |     | Entity 100% owned by and controlled by common shareholder, Mr. Wong |

Summary of Related Party Transactions: The related party balances consisted of the following:

| Name                 
 2022                 |     | Nature                            | 2023 | As of March 31, 
 HKD             |           | 2024 | HKD |         | 2024 | HKD