Company: GCL
Filing Date: 2025-09-05
Form Type: F-1/A
Source: 0001213900-25-085150
Chunk: 275

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-05
Form: F-1/A
Chunk 275
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| 1. | Organization |

Ban Leong Technologies Limited (the “Company”) is a limited liability company which is domiciled and incorporated in Singapore and is listed on the Mainboard of Singapore Exchange Securities Trading Limited (“SGX-ST”). The Company is principally engaged in the wholesale and distribution of computer peripherals, accessories and other multimedia products. As of March 31, 2025, the Company’s subsidiaries are as follows:

| Name                                 
 Digital Hub Pte. Ltd.                |     | Date of establishment 
 March 20, 2003        |     | Place of establishment 
 Singapore              |     | Percentage of equity interest attributable to 
 the Company                                   
 100%                                          |     | Principal activities                                 
 Distribution of computer peripherals and accessories |
|:-------------------------------------|:----|:----------------------|:----|:-----------------------|:----|:----------------------------------------------|:----|:-----------------------------------------------------|
| Ban Leong Technologies Sdn Bhd       |     | August 15, 2003       |     | Malaysia               |     | 100%                                          |     | Distribution of computer peripherals and accessories |
| Ban Leong Chin Inter Co., Ltd        |     | July 16, 2004         |     | Thailand               |     | 60%                                           |     | Distribution of computer peripherals and accessories |
| 宇扬(上海)投资咨询有限公司 (BLC (China) Limited) |     | November 27, 2008     |     | China                  |     | 100%                                          |     | Distribution of corporate gift cards                 |
| AV Labs International Pte Ltd        |     | June 23, 2006         |     | Singapore              |     | 100%                                          |     | Marketing and distribution of computer and hardware  |

| 2. | Summary of significant accounting policies |

Basis of Preparation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The accompanying consolidated financial statements include the accounts of Ban Leong Technologies Limited and its controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Non-controlling interests For the Company’s non-wholly owned subsidiaries, a non-controlling interest is recognized to reflect portion of equity that is not attributable, directly or indirectly, to the Company. The cumulative results of operations attributable to non-controlling interests are also recorded as non