Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 143

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 143
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, restricting or distorting competition in Hong Kong. The key prohibitions include (i) prohibition of agreements between businesses which have the object or effect of preventing, restricting or distorting competition in Hong Kong; and (ii) prohibiting companies with a substantial degree of market power from abusing their power by engaging in conduct that has the object or effect of preventing, restricting or distorting competition in Hong Kong. The penalties for breaches of the Competition Ordinance include, but are not limited to, financial penalties of up to 10% of the total gross revenues obtained in Hong Kong for each year of infringement, up to a maximum of three years in which the contravention occurs. As of the date of this prospectus, Broaden Leisure has not been subject to any fine, penalty or prosecution in relation to the Competition Ordinance. 100

MANAGEMENT Directors and Executive Officers The following table sets forth information concerning our directors and executive officers, including their ages as of the date of this prospectus:

| Name               |     | Age |     | Position                                       |
| Mr. Ngai Chiu Wong |     |  44 |     | Chairman, Director and Chief Executive Officer |
| Mr. Sze Yeung Yau  |     |  47 |     | Chief Financial Officer                        |
| Ms. Wai Chun Chik  |     |  40 |     | Independent Director Appointee*                |
| Mr. Cheuk Kwan Ng  |     |  32 |     | Independent Director Appointee*                |
| Mr. Man Fai Kwan   |     |  55 |     | Independent Director Appointee*                |

____________ *Each of Ms. Wai Chun Chik, Mr.Cheuk Kwan Ng and Mr.Man Fai Kwan will serve as an independent director of the Company upon the effectiveness of our registration statement on Form F -1, of which this prospectus is a part. We will have in place a board of directors that is majority independent. The three independent directors will serve on the audit committee, with an “audit committee financial expert” as defined under the Nasdaq rules, serving as committee chair. These individuals consent to serving in such position upon the closing of this offering. Executive Officers Mr. Ngai Chiu Wonggraduated from the Duke University with a Bachelor of Science in Engineering with a double major in Electrical Engineering and Computer Science. Following his academic achievements, Mr.Wong joined AT&T Inc.’s HR Production Support Team in San Ram