Company: BGHL
Filing Date: 2025-07-07
Form Type: DRS/A
Source: 0001213900-25-061617
Chunk: 163

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-07-07
Form: DRS/A
Chunk 163
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 be filed by amendment

109 LEGAL MATTERS Concord & Sage PC is acting as counsel to our Company regarding U.S. securities law matters. The validity of the Ordinary Shares offered as a matter of Cayman Islands law hereby will be passed upon for us by Ogier. Certain legal matters with respect to U.S. federal law in connection with this Offering will be passed upon for the underwriter by DeMint Law, PLLC. Legal matters as to Hong Kong law will be passed upon for us by SH Wong & Co. We may rely upon Ogier with respect to matters governed by Cayman Islands law and SH Wong & Co with respect to matters governed by Hong Kong law. EXPERTS The consolidated financial statements for the years ended December 31, 2024 and 2023 and for each of the fiscal years then ended included in this prospectus have been so included in reliance on the report of AssentSure PAC, an independent registered public accounting firm, given on the authority of such firm as experts in accounting and auditing. The office of AssentSure PAC is located at 180B Bencoolen Street, #03 -01The Bencoolen, Singapore 189648. 110 ENFORCEMENT OF CIVIL LIABILITIES We are incorporated under the laws of the Cayman Islands as an exempted company with limited liability. We are incorporated under the laws of the Cayman Islands because of certain benefits associated with being a Cayman Islands company, such as political and economic stability, an effective judicial system, a favorable tax system, the absence of foreign exchange control or currency restrictions, and the availability of professional and support services. The Cayman Islands, however, may have a less exhaustive body of securities laws as compared to the United States and these securities laws provide significantly less protection to investors. Additionally, Cayman Islands companies may not have standing to sue before the Federal courts of the United States. All of our current operations are conducted outside of the United States and all of our current assets are located outside of the United States, with the majority of our operations and current assets being located in Hong Kong. All of the current director nominees and executive officers of our Company, namely, Chung Tat Fai, Chen Xin, Woo Kevin Lok Tin, Cheung Leung, and So Chi Kai are nationals or residents of Hong Kong, and substantially all of their assets are located outside the United States. As a result, it may not be possible for investors to effect service of process within the United States upon us or