Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 168

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 168
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             |     | Approximate     
 percentage of   
 outstanding     
 Ordinary        
 Shares prior to 
 the offering(1) |     | Number      
 of Class A  
 Ordinary    
 Shares to   
 be sold     |     | Ordinary Shares          
 beneficially owned after 
 the offering             |     |             |     | Approximate     
 percentage of   
 outstanding     
 Ordinary        
 Shares after    
 the offering(2) |
| Class A                     |     | Class B                  |     | Class A     |     | Class B         |     |             |     |                          |     |             |     |                 |
| Mr. Ngai Chiu Wong          |     | [1,200,000]              |     | [7,649,500] |     | [80.45]%        |     | [1,080,000] |     | [120,000]                |     | [7,649,500] |     | [62.16]%        |

____________ (1)Based on [3,350,500] Class A Ordinary Shares and [7,649,500] Class B Ordinary Shares outstanding as of the date of this prospectus. (2)Based on [4,850,500] Class A Ordinary Shares and [7,649,500] Class B Ordinary Shares outstanding immediately after the offering.

116

CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONS Transactions with Certain Related Parties Set forth below are our related party transactions that occurred since the beginning of our preceding three fiscal years up to the date of March 31, 2024, six months ended September30, 2024 and from October1, 2024 to the date of this prospectus. The “related party transactions” are transactions identified in accordance with the rules prescribed under Part I, Item 7B of SEC Form 20 -F. Under Part I, Item 7B of Form 20 -F, the Company is required to disclose any transaction occurring since the beginning of the Company’s preceding two financial years, with respect to transactions or loans between the Company and (a) enterprises that directly or indirectly through one or more intermediaries, control or are controlled by, or are under common control with, the Company; (b) associates; (c) individuals owning, directly or indirectly, an interest in the voting power of the Company that gives them significant influence over the Company, and close members of any such individual’s family; (d) key management personnel, that is, those persons having