Company: MEGL
Filing Date: 2025-04-14
Form Type: 20-F
Source: 0001641172-25-004566
Chunk: 37

Company: Magic Empire Global Ltd
Filing Date: 2025-04-14
Form: 20-F
Item: Item 3
Chunk 37
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 us or them on judgments of U. S. courts, including judgments predicated upon
the civil liability provisions of the U. S. federal securities laws. Even if you are successful in bringing an action of this kind, the
laws of the BVI or Hong Kong could render you unable to enforce a judgment against our assets or the assets of our directors and officers.

There
is uncertainty as to whether the courts of the BVI would (i) recognize or enforce judgments of U. S. courts obtained against us or our
directors or officers predicated upon the civil liability provisions of the securities laws of the U. S. or any state in the U. S. or (ii)
entertain original actions brought in the BVI against us or our directors or officers predicated upon the securities laws of the U. S.
or any state in the U. S.

The
U. S. and the BVI do not have a treating providing for reciprocal recognition and enforcement of judgments of courts of the U. S. in civil
and commercial matters and that a final judgment for the payment of money rendered by any general or state court in the U. S. based on
civil liability, whether or not predicated solely upon the U. S. federal securities laws would not be enforceable in the BVI. A final
and conclusive judgment obtained in U. S. federal or state courts under which a sum of money is payable as compensatory damages (i. e.,
not being a sum claimed by a revenue authority for taxes or other charges of a similar nature by a governmental authority, or in respect
of a fine or penalty or multiple or punitive damages) may be the subject of an action on a debt in the court of the BVI under the common
law doctrine of obligation. Furthermore, it is uncertain that BVI courts would: (1) recognize or enforce judgments of U. S. courts obtained
in actions against us or our directors or officers predicated upon the civil liability provisions of the U. S. federal securities laws;
or (2) entertain original actions brought against us or other persons predicated upon the Securities Act.

  25  

There
is also uncertainty as to whether the courts of Hong Kong would (i) recognize or enforce judgments of the U. S. courts obtained against
us or our directors or officers predicated upon the civil liability provisions of the securities laws of the U. S. or any state in the
U. S. or (ii) entertain