Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 265

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 265
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 | 142,072,586 |     |            $ | 97,534,701 |     |            $ | 77,444,155 |

The following table presents long-lived assets
by geographic area, which includes property and equipment, net operating leases right-of-use assets, and finance leases right-of-use
assets:

|                         |     | As of 
 2025  | March 31, |     | As of 
 2024  | March 31, |
|:------------------------|:----|:------|----------:|:----|:------|----------:|
| Singapore               |     | $     |   954,399 |     | $     | 1,751,850 |
| Hong Kong               |     |       |    19,118 |     |       |   136,784 |
| Malaysia                |     |       |   151,171 |     |       |   214,644 |
| Others                  |     |       |    61,011 |     |       |         - |
| Total long-lived assets |     | $     | 1,185,699 |     | $     | 2,103,277 |

Note 26 — Subsequent Events The Company evaluated all events and transactions that occurred after March 31, 2025. Other than the event disclosed below and elsewhere in these consolidated financial statements, there is no other subsequent event occurred that would require recognition or disclosure in the Company’s consolidated financial statements. On April 1, 2025, 4Divinity JP was established under the laws of Japan to serve as the Company’s legal entity presence in Japan, facilitating anticipated business activities and supporting future commercial operations in the region. F-57 GCL GLOBAL HOLDINGS LTD AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

On April 30, 2025, Epicsoft
Asia (the “Offeror”) made a voluntary conditional cash offer (the “Offer”) of S$ per share (approximately
US$ per share) to acquire all of the issued and paid-up ordinary shares in the capital of Ban Leong Technologies Limited (“Ban
Leong”), a Singaporean company listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”). The Offer became
unconditional on May 27, 2025. As the Offeror has received valid acceptances of more than % of the total number of issued shares of
Ban Leong, the Offer