Company: GVH
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001213900-25-058674
Chunk: 25

Company: Globavend Holdings Ltd
Filing Date: 2025-06-27
Form: 424B4
Chunk 25
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 and Articles of Association (as amended from time to time) to provide funding to our subsidiaries
incorporated in the BVI and Hong Kong through loans or capital contributions. Globavend Holdings’ subsidiary formed under the
laws of the BVI is permitted under the laws of the BVI to provide funding to our HK Subsidiaries, including our Hong Kong operating
subsidiary Globavend HK, subject to certain restrictions laid down in the BVI Business Companies Act (as amended) and memorandum and articles
of association of the relevant Globavend Holdings’ subsidiary incorporated under the laws of the BVI.

The ability of Globavend BVI,
the direct subsidiary of Globavend Holdings, to transfer cash to Globavend Holdings is subject to the BVI Business Companies Act (as amended),
according to which, Globavend BVI may make dividends distribution to the extent that immediately after the distribution, the value of
the company’s assets exceeds its liabilities and that such company is able to pay its debts as they fall due.

The ability of our HK Subsidiaries
to transfer cash to Globavend BVI is subject to the Companies Ordinance of Hong Kong, according to which our HK Subsidiaries may
only make a distribution out of profits available for distribution. We did not adopt or maintain any cash management policies and procedures
as of the date of this prospectus.

Currently, all of our operations
are in Hong Kong. Hong Kong is a special administrative region of the PRC and the basic policies of the PRC regarding Hong Kong
are reflected in the Basic Law. The arrangement provides Hong Kong with a high degree of autonomy and executive, legislative and
independent judicial powers, including that of final adjudication under the principle of “one country, two systems” and a
distinct set of laws and regulations. The laws and regulations of mainland China do not currently have any material impact on any transfer
of cash from Globavend Holdings to our HK Subsidiaries, or from our HK Subsidiaries to Globavend Holdings and the investors in the U.S.

During the years ended
September 30, 2022, 2023 and 2024, Globavend Holdings, Globavend BVI and Globavend Warehouse have not distributed any cash dividends
or made any other cash distributions. During the years ended September 30, 2024, Globavend HK has not distributed any cash dividends
or made any other cash distributions.