Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 118

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 118
---
 Islands.

Substantially all of our assets
are located outside the United States. In addition, a majority of our directors and officers are nationals or residents of jurisdictions
other than the United States and all or a substantial portion of their assets are located outside the United States. As a result, it may
be difficult for investors to effect service of process within the United States upon us or these persons, or to enforce judgments obtained
in U.S. courts against us or them, including judgments predicated upon the civil liability provisions of the securities laws of the United
States, or any state in the United States. It may also be difficult for you to enforce judgments obtained in U.S. courts based on the
civil liability provisions of the U.S. federal securities laws against us and our executive officers and directors.

| Name              |     | Position                                          |     | Nationality   |     | Residence |
| Mr. Wai Yiu Yau   |     | Chairman of the Board and Chief Executive Officer |     | Chinese       |     | Australia |
| Mr. Tsz Ngo Yu    |     | Chief Financial Officer                           |     | Chinese       |     | Hong Kong |
| Ms. San Man Leng  |     | Independent Director                              |     | United States |     | Hong Kong |
| Mr. Ho Chuen Shin |     | Independent Director                              |     | Chinese       |     | Hong Kong |
| Mr. Fan Cheung    |     | Independent Director                              |     | Chinese       |     | Hong Kong |

Hong Kong

There is uncertainty as to
whether the courts of Hong Kong 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 United States or any state in the United States, or (ii)
entertain original actions brought in Hong Kong against us or our directors or officers predicated upon the securities laws of the United
States or any state in the United States.

| 67 |

A judgment of a court in the
United States predicated upon U.S. federal or state securities laws may be enforced in Hong Kong at common law by bringing an action in
a Hong Kong court on that judgment for the amount due thereunder and then seeking summary judgment on the strength of the foreign judgment,
provided that the foreign judgment, among other things, is (1) for a debt or a definite sum of money (not being taxes or similar charges
to a foreign