Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 314

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 314
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 have been determined to approximate carrying amounts due to the short maturities of these instruments.

Property,
plant and equipment

Property, plant and equipment are stated
at cost and depreciated using the straight-line basis over the estimated useful lives of the assets, as follows:

| Category             |     | Estimated useful lives |
| Computers            |     | 1 – 5 years            |
| Office equipment     |     | 5 years                |
| Furniture & fittings |     | 5 years                |
| Motor vehicles       |     | 5 years                |
| Renovation           |     | 5 years                |
| Warehouse equipment  |     | 1 year                 |

The cost and related accumulated depreciation
of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the consolidated statements
of operation and comprehensive loss. Expenditures for maintenance and repairs are charged to earnings as incurred, while additions, renewals
and betterments, which are expected to extend the useful life of assets, are capitalized. The Company also re-evaluates the periods of
depreciation to determine whether subsequent events and circumstances warrant revised estimates of useful lives.

Impairment of long-lived assets other than goodwill

The Company evaluates its long-lived
assets for impairment whenever events or changes in circumstances, such as a significant adverse change to market conditions that will
impact the future use of the assets, indicate that the carrying amount of an asset may not be fully recoverable. When these events occur,
the Company evaluates the recoverability of long-lived assets by comparing the carrying amount of the assets to the future undiscounted
cashflows expected to result from the use of the assets and their eventual disposition. If the sum of the expected undiscounted cash
flows is less than the carrying amount of the assets, the Company recognizes an impairment loss based on the excess of the carrying amount
of the assets over their fair value. Fair value is generally determined through various valuation techniques including discounted cash
flow models, quoted market values and third-party independent appraisals, as considered necessary.

<div align='center'>F-71

BAN LEONG TECHNOLOGIES LIMITED

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Amounts in Singapore dollars (“$”)</div>

| 2. | Summary                                        
 of significant accounting policies (continued) |

Comprehensive income

Comprehensive income is defined as
the changes in equity of the Company during a period from transactions and other events and circumstances excluding