Company: GRAN
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001213900-25-060039
Chunk: 168

Company: Grande Group Ltd/HK
Filing Date: 2025-07-01
Form: 424B4
Chunk 168
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 there is no conflict of interest for he/she to carry on the regulated activities concurrently. In addition, the same individual could apply to be a Responsible Officer for more than one licensed corporation simultaneously provided that he/she can demonstrate there is no conflict of interest. 101 It is an offence for a person to conduct any regulated activity without the required license. Types of regulated activities Schedule 5 to the SFO stipulates 10 types of regulated activities, namely: •Type 1: Dealing in securities •Type 2: Dealing in futures contracts •Type 3: Leveraged foreign exchange trading •Type 4: Advising on securities •Type 5: Advising on futures contracts •Type 6: Advising on corporate finance •Type 7: Providing automated trading services •Type 8: Securities margin financing •Type 9: Asset management •Type 10: Providing credit rating services As of the date of this prospectus, we are licensed for and carried on Type 1 and Type 6 of the above regulated activities. The foregoing licenses of Grande Capital have no expiry date and remain in force until suspended or revoked, subject to certain continuing obligations, such as payment of annual fee and submission of annual return. Licensed corporation For application as a licensed corporation, the applicant has to be incorporated and the licensed corporation has to satisfy the HKSFC that it has proper business structure, good internal control systems and qualified personnel to ensure the proper management of risks that it will encounter in carrying on the proposed regulated business as detailed in the business plan submitted to the HKSFC. Responsible Officer A Licensed Representative who is also approved as a Responsible Officer under section 126 of the SFO to supervise the regulated activity of the licensed corporation to which he/she is accredited. Licensed representative An individual who is granted a license under section 120(1) of the SFO to carry on one or more regulated activities for a licensed corporation to which he/she is accredited. Licensing requirements Fit and proper requirements Section 116(3) of the SFO provides that the HKSFC shall refuse to grant a license to carry on a regulated activity unless the applicant for license satisfies the HKSFC that, inter alia, the applicant is a fit and proper person to be licensed for the regulated activity. The applicant must remain fit and proper at all times after the grant of such licenses by the HKSFC. 102 In simple terms, a fit and proper person means one who is financially sound, competent, honest, reputable and reliable. Pursuant to