Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 34

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 34
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effect between the United States and some SEA markets, such as Indonesia and the Philippines, would permit effective enforcement
of criminal penalties of the federal securities laws.

| 18 |

Each jurisdiction in SEA has enacted, and may enact
or amend from time to time, laws and regulations governing the distribution of games, services, messages, applications, electronic documents
and other content through the internet. The relevant government authorities may prohibit the distribution of information through the internet
that they deem to be objectionable on various grounds, such as public interest or public security, or to otherwise be in violation of
applicable laws and regulations. If any of the information on our website or that we otherwise produce or disseminate is deemed by any
relevant government authorities to violate content restrictions, we would not be able to continue to display such content and could be
subject to penalties, including confiscation of the property used in the non-compliant acts, removal of the infringing content, temporary
or permanent blocks, administrative fines, suspension of business, and revocation of required licenses, if any, which could materially
and adversely affect our business, financial condition and results of operations.

Furthermore, many of the legal systems in SEA are
based in part on government policies and internal rules, some of which are not published on a timely basis or at all and may have retroactive
effect. There are other circumstances where key regulatory definitions are unclear, imprecise or missing, or where interpretations that
are adopted by regulators are inconsistent with interpretations adopted by a court in analogous cases. As a result, we may not be aware
of our violation of certain policies and rules until sometime after the violation. In addition, any administrative and court proceedings
in SEA may be protracted, resulting in substantial costs and diversion of resources and management attention.

It is possible that a number of laws and regulations
may be adopted or construed to apply to us in SEA and elsewhere that could restrict our industries and business. Scrutiny and regulation
of the industries in which we operate may further increase, and we may be required to devote additional legal and other resources to addressing
this regulation. For example, existing laws or new laws regarding the regulation of currency, money laundering, banking institutions,
intellectual property, investment banking institutions, and consumer and data protection may be interpreted to cover information disseminated
through our internet communication platforms and our investee companies. Changes in current laws or regulations or the imposition of new
laws and regulations in SEA or elsewhere regarding our industries may slow the growth