Company: GINT
Filing Date: 2025-08-15
Form Type: F-1/A
Source: 0001213900-25-077286
Chunk: 223

Company: Gifts International Holdings Ltd
Filing Date: 2025-08-15
Form: F-1/A
Chunk 223
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 in respect of the employer’s contribution up to the end of employment that would be used to offset the pre -transitionportion of long service payments is deemed the plan assets for the long -servicepayments. The provision of long service payments under defined benefit plans were HK$62,495 and HK$39,336 (US$5,056) for the years ended March 31, 2024 and 2025, respectively. NOTE 13 — RELATED PARTY BALANCES AND TRANSACTIONS Nature of relationships with related parties

| Name of related party |     | Relationship with the Company                 |
| Mr. Wong              |     | Director and major shareholder of the Company |
| Tutti Digital Limited |     | Entity controlled by common shareholder       |
| Take Care HK Limited  |     | Entity controlled by common shareholder       |
| iMHKB Group Ltd       |     | Entity controlled by common shareholder       |

Related party balances consisted of the following:

| Name            |     | Nature                        |     |    |     | As of March 31, 
 2024            
 HKD             |         |     | 2025 
 HKD  |           |     | 2025 
 USD  |         |
|:----------------|:----|:------------------------------|:----|:---|:----|:----------------|--------:|:----|:-----|----------:|:----|:-----|--------:|
| Mr. Wong        |     | Amount due from a shareholder |     | -a |     | $               | 165,505 |     | $    | 1,109,083 |     | $    | 142,557 |
| iMHKB Group Ltd |     | Purchase deposit              |     | -b |     | $               |       — |     | $    |    40,000 |     | $    |   5,141 |

(a) The amount due from a shareholder represented the temporary advances by the Company. The amount is unsecured, interest -freeand due on demand. As of the date of this prospectus, an amount of HK$900,000, or approximately 81.1% of the balance was settled. Mr.Wong undertakes to settle the remaining balance prior to the effective date of this prospectus. Up to the date of this report, Mr.Wong settled the remaining balance in full. (b) The amount represented the purchase deposit for the procurement of goods. The amount is unsecured, interest -free