Company: GCL
Filing Date: 2025-02-26
Form Type: 20-F
Source: 0001213900-25-017448
Chunk: 2

Company: GCL Global Holdings Ltd
Filing Date: 2025-02-26
Form: 20-F
Item: Item 5
Chunk 2
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 Epicsoft (Hong Kong) Limited    
  2Game Brazil       2 Game Pro Ltda.             Epicsoft Malaysia        Epicsoft Malaysia Sdn. Bhd.     
  2Game Dubai        2Game Digital DMCC           Hainan GCL               Hainan GCL Technology Co. Ltd.  
  4Divinity          4Divinity Pte. Ltd.          Martiangear              Martiangear Pte. Ltd.           
  4Divinity UK       4Divinity UK Ltd.            Starry Jewelry           Starry Jewelry Pte. Ltd.        
  Epicsoft Asia      Epicsoft Asia Pte. Ltd.      Titan Digital Media      Titan Digital Media Pte. Ltd.   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────

D. Property,
Plants and Equipment

The Company leases the properties
for its principal executive office which is located at 29 Tai Seng Avenue #02-01, Natural Cool Lifestyle Hub, Singapore 534119. Information
regarding the facilities of the GCL Global is included in the Form F-4 in the section entitled “Information Related to the Company
 - Facilities” which is incorporated herein by reference.

ITEM 4A. UNRESOLVED
STAFF COMMENTS

ITEM 4A. UNRESOLVED
STAFF COMMENTS

None.

ITEM 5. OPERATING
AND FINANCIAL REVIEW AND PROSPECTS

Following and as a result
of the Business Combination, the business of the Company is conducted through GCL Global, the Company’s direct, wholly-owned subsidiary,
and GCL Global’s subsidiaries.

The
discussion and analysis of the financial condition and results of operations of GCL Global for the six months ended September 30, 2024
is filedherewith as Exhibit 99.3.

The discussion and analysis
of the financial condition and results of operations of GCL Global for the fiscal years ended March 31, 2024 and 2023 is included in
the Form F-4 in the section entitled “The Company’s Management’s Discussion and Analysis of Financial Condition
and Results of Operations,” which is incorporated herein by reference.

ITEM 6. DIRECTORS,
SENIOR MANAGEMENT AND EMPLOYEES

A. Directors
and Executive Officers

See
“ Item 1. Identity of Directors, Senior Management and Advisers - A. Directors and Senior Management.”

B. Compensation

Information
pertaining to the compensation of