Company: GINT
Filing Date: 2025-10-15
Form Type: F-1/A
Source: 0001213900-25-099087
Chunk: 6

Company: Gifts International Holdings Ltd
Filing Date: 2025-10-15
Form: F-1/A
Chunk 6
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 of the BVI imposed by withholding or otherwise without the necessity of obtaining any consent of any government or authority of the BVI. No regulatory approval is required for Gifts International to transfer cash to its subsidiaries. Gifts International is permitted under the laws of the BVI to provide funding to its subsidiaries, GGBB and Broaden Leisure through loans and/or capital contributions without restrictions on the amount of the funds loaned or contributed. GGBB is permitted under the laws of the BVI to provide funding to our Hong Kong operating subsidiary, Broaden Leisure through loans and/or capital contributions without restrictions on the amount of the funds loaned or contributed. As of the date of this prospectus, our subsidiaries have not experienced any difficulties or limitations on their ability to transfer cash between each other; they do not maintain cash management policies or procedures dictating the amount of such funding or how funds are transferred. There can be no assurance that the Hong Kong government will not intervene or impose restrictions to prevent the cash maintained in Hong Kong from being transferred out or restrict the deployment of the cash into our business or for the payment of dividends. See “ Prospectus Sum mary — Tr ansfers of Cash To and From Our Subsidiaries ” on page 3, “ Risk Factors — We are a holding company and our ability to pay dividends is primarily dependent upon the earnings of, and distributions by, our Hong Kong operating subsidiary ” on page 21, “Dividend Policy”, “Summary Consolidated and Combined Financial Data”, and “Consolidated and Combined Statements of Shareholders’ Equity in the Report of Independent Registered Public Accounting Firm for further details.” However, to the extent cash or assets in our business is in Hong Kong or in our operating subsidiary in H ong Ko ng, the funds or assets may not be available to fund operations or for other use outside of Hong Kong due to interventions in or the imposition of restrictions and limitations on our ability or the ability of our subsidiaries by the PRC government to transfer cash or assets. See “Risk Factors — Risks Relating to Doing Business in Hong Kong — In the event that we rely on dividends and other distributions on equity paid by our operating subsidiary in Hong Kong to fund any cash and financing requirements we may have, any limitation on the ability of our operating subsidiary in Hong Kong to make payments to us could have a material and adverse effect on our ability to conduct our business” and “ — To the extent cash or assets in our business is in Hong Kong or in our operating subsidiary in Hong Kong, the funds