Company: GVH
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001213900-25-058674
Chunk: 16

Company: Globavend Holdings Ltd
Filing Date: 2025-06-27
Form: 424B4
Chunk 16
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to provide funding to our subsidiaries incorporated in the BVI and Hong Kong through loans or capital contributions. Globavend Holdings’
subsidiary formed under the laws of the BVI is permitted under the laws of the BVI to provide funding to our HK Subsidiaries subject
to certain restrictions laid down in the BVI Business Companies Act (as amended) and memorandum and articles of association of the relevant
Globavend Holdings’ subsidiary incorporated under the laws of the BVI. As a holding company, Globavend Holdings may rely on
dividends and other distributions on equity paid by its subsidiaries for its cash and financing requirements. According to the BVI Business
Companies Act (as amended), a BVI company may make dividends distribution to the extent that immediately after the distribution, the
value of the company’s assets exceeds its liabilities and that such company is able to pay its debts as they fall due. According
to the Companies Ordinance of Hong Kong, a Hong Kong company may only make a distribution out of profits available for distribution.
If any of Globavend Holdings’ subsidiaries incur debt on its own behalf in the future, the instruments governing such debt may
restrict their ability to pay dividends to Globavend Holdings. Additionally, as of the date of this prospectus, there are no further
BVI or Hong Kong statutory restrictions on the amount of funds which may be distributed by us by dividend. However, in the future,
funds 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 on our subsidiary’s ability by the PRC government to transfer cash. Any limitation
on the ability of our subsidiaries to make payments to us could have a material adverse effect on our ability to conduct our business
and might materially decrease the value of our Ordinary Shares or cause them to be worthless. For a more detailed discussion of how the
cash is transferred within our organization, see “Transfers of Cash to and from Our Subsidiaries”on page 3 and
“Item 3. Key Information — D. Risk Factors — Risks Related to Our Ordinary Shares — We rely on dividends and other distributions on equity paid by our subsidiary to fund any cash and financing requirements we may have. In the future, funds 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 our