Company: MEGL
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001641172-25-016831
Chunk: 115

Company: Magic Empire Global Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 115
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 to maintain for Type 6 (advising on corporate finance) regulated activity:

| Regulated                                  
 activity                                   |     | Minimum paid-up share 
 capital               |            |     | Minimum liquid 
 capital        |           |
| Type 6 (advising on corporate              
 finance)                                   |     |                       |            |     |                |           |
| (a) in the case where the corporation acts 
 as a sponsor                               |     |                       |            |     |                |           |
| - hold client                              
 assets                                     |     | HK$                   | 10,000,000 |     | HK$            | 3,000,000 |
| - not hold client assets                   |     | HK$                   | 10,000,000 |     | HK$            |   100,000 |
| (b) in the case where the corporation does 
 not act as a sponsor:                      |     |                       |            |     |                |           |
| - hold client assets                       |     | HK$                   |  5,000,000 |     | HK$            | 3,000,000 |
| - not hold client assets                   |     |                       |        Not 
 applicable |     | HK$            |   100,000 |

Pursuant to the FRR, if the licensed corporation is licensed for more than one regulated activity, the minimum paid-up share capital and liquid capital that the corporation should maintain shall be the highest amount required among those regulated activities.

GCL is required to have a minimum paid-up share capital of HK$10,000,000 and to maintain minimum liquid capital of HK$100,000.

Notification to the SFC of certain events and changes

Pursuant to sections 123 and 135 of the SFO and the Securities and Futures (Licensing and Registration) (Information) Rules (Chapter 571S of the Laws of Hong Kong), licensed corporations, licensed individuals and registered institutions are required to notify the SFC within the specified time limit of certain events and changes in their particulars, which include, inter alia, any intended cessation to carry on any regulated activity for which he/she/it is licensed, any intended change of address at which it proposes to carry on the regulated activity for which it is licensed and any cessation to be a director of a licensed corporation.

| 68 |

Submission of audited accounts

Section 156(1) of the SFO provides that licensed corporations and associated entities of intermediaries