Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 130

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 130
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76.7  
  Principal Shareholders:                                                    
  Globavend Investments Limited (3)                    11,444,790      76.7  

Notes:

  (1)      Beneficial ownership information disclosed herein represents direct                                                                  
  (2)      Based on 14,931,123 Ordinary Shares outstanding as at the date of this                                                               
  (3)      Represents 11,444,790 Ordinary Shares held by Globavend Investments                                                                  

At each general meeting,
each shareholder who is present in person or by proxy (or, in the case of a shareholder being a corporation, by its duly authorized representative)
will have one vote for each Ordinary Share that such shareholder holds. There are no prohibitions to cumulative voting under the laws
of the Cayman Islands, but our Memorandum and Articles do not provide for cumulative voting.

None of our shareholders
has informed us that it is affiliated with a registered broker-dealer or is in the business of underwriting securities. We are not aware
of any arrangement that may, at a subsequent date, result in a change of control of our company.

To our knowledge,
except as disclosed elsewhere in this annual report, we are not directly or indirectly owned or controlled by another corporation, any
foreign government or any other natural or legal person, severally or jointly.

  Disclosure                                                            

Not applicable.

ITEM 7. MAJOR
SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

  Major         

Please refer to“ Item
6. Directors, Senior Management and Employees - E. Share Ownership.”

  Related             

Employment Agreements and Indemnification
Agreements

See“ Item
6. Directors, Senior Management and Employees - C. Board Practices - Employment Agreements and Indemnification Agreements.”

Other Related Party Transactions

Set forth below are
the related party transactions of our company that occurred during the past three fiscal years up to the date of this annual report:

  79  

  Table of Contents  

Balances with related parties

                                                 As of September 30,                                   
                                                 2022                     2023                   2024  
                                                 US$                      US$                    US$   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────
  Deposit and prepayment – related parties:                                                            
  Panaicia Pty Ltd                                                                  155,093            
  Prezario UNO Pty Ptd                                                              14,741             
  Mr. Wai Yiu Yau (