Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 53

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 53
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 enforceability in Hong Kong, in original actions or in actions for enforcement, of judgments of U. S. courts
of civil liabilities predicated solely upon the federal securities laws of the United States or the securities laws of any state or territory
within the United States.

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  Table of Contents  

You may have more difficulties
protecting your interests than you would as a shareholder of a U. S. corporation.

We are an exempted
company incorporated under the laws of the Cayman Islands. Our corporate affairs are governed by the provisions of our Memorandum and
Articles of Association and by the provisions of the Companies Act and the common law of the Cayman Islands. The rights of shareholders
to take action against the directors, actions by minority shareholders, and the fiduciary duties of our directors to us under Cayman
Islands law are to a large extent governed by the common law of the Cayman Islands. The common law of the Cayman Islands is derived in
part from comparatively limited judicial precedent in the Cayman Islands, as well as from the common law of England, the decisions of
whose courts are of persuasive authority, but are not binding, on a court in the Cayman Islands.

The rights of shareholders
and the fiduciary duties of our directors and officers under Cayman Islands law are not as clearly established as they would be under
statutes or judicial precedents in some jurisdictions in the United States, and some states (such as Delaware) have more fully developed
and judicially interpreted bodies of corporate law than the Cayman Islands. In addition, Cayman Islands companies may not have standing
to initiate a shareholder derivative action in a federal court of the United States.

Shareholders of Cayman
Islands-exempted companies like us have no general rights under Cayman Islands law to obtain copies of the register of members or corporate
records of the company. They will, however, have such rights as may be set out in our Company’s Articles. A Cayman Islands-exempted
company may maintain its principal register of members and any branch registers in any country or territory, whether within or outside
the Cayman Islands, as the company may determine from time to time. There is no requirement for an exempted company to make any returns
of members to the Registrar of Companies in the Cayman Islands. The names and addresses of the members are, accordingly, not a matter
of public record and are not available for public inspection. However, an exempted company