Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 112

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 112
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 matters, and the World Trade Organization’s
Agreement on Trade Related Aspects of Intellectual Property Rights.

Singapore operates a first-to-file
system in respect of registered trademarks under the Trade Marks Act 1988 of Singapore, and the registered proprietor is granted a statutory
monopoly of the trademark in Singapore in relation to the product or service for which it is registered. In the event of any trademark
infringement, the registered proprietor will be able to rely on the registered trademark as proof of his right to the mark, and the infringement
of a trademark may give rise to civil and criminal liabilities. Statutory protection of a registered trademark can last indefinitely,
as long as the registration is renewed every 10 years. Unregistered trademarks are also protected under the common law of passing
off, provided that the owner is able to prove that there is goodwill or reputation in the mark; misrepresentation on the part of the
infringer; and damage to the mark as a result.

Regulations on Competition Laws

The Competition Act 2004
of Singapore prohibits anti-competitive practices. Specific prohibited activities include agreements that prevent, restrict or distort
competition, abuse of dominance and mergers that substantially lessen competition, whether these take place within or outside of Singapore,
so long as they have an impact on a market in Singapore. The Competition and Consumer Commission of Singapore (the “CCCS”)
is responsible for administering and enforcing the Competition Act 2004 of Singapore, which covers all industries and sectors unless
specifically exempted or excluded. Infringements of the Competition Act can result in financial penalties of up to 10 per cent. of the
turnover of the business in Singapore for each year of infringement, up to a maximum of three years. The CCCS also has powers to
impose directions requiring infringing undertakings to stop or modify the activity or conduct, or in the case of anti-competitive mergers,
to remedy, mitigate or eliminate the adverse effects arising from the merger.

Regulations on Labor and Employment

The Employment Act 1968
of Singapore (the “Singapore Employment Act”) generally extends to all employees regardless of their designation,
salary level or type of work performed, with the exception of certain groups of employees (i.e., seafarers, domestic workers and public
workers). It provides employees falling within its ambit certain protections such as minimum notice periods, restrictions in relation
to the deductions from wages, minimum days of annual and sick leave, maternity/paternity leave and