Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 76

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 76
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 content that appears to originate from a credible and impartial source, and the Guidelines on Advertising
of Investments, which aim to minimize investments-related advertisement with claims that are speculative, misleading or not substantiable.

The Spam Control Act 2007 of
Singapore, as administered by the IMDA regulates the sending or receiving of unsolicited bulk commercial electronic messages, or “spam”,
in Singapore It imposes certain requirements on the sending or receiving of unsolicited bulk commercial electronic messages, or “spam,”
in Singapore and applies to emails and text messages that have a Singapore nexus. Electronic messages must have an “unsubscribe
facility” or “opt-out” function, and the recipient should be removed from the distribution list within 10 business days
after submitting an opt-out request. Any person who suffers loss or damage as a result of any violation of the foregoing requirements
is entitled to institute legal action, and the court may grant injunctions, damages or statutory damages.

Regulations on Internet Content

Under the Broadcasting Act 1994
of Singapore (“Broadcasting Act”), no licensable broadcasting services in or from Singapore can be provided
unless a broadcasting license has been granted by the IMDA. “Computer online services” provided by internet content providers
(as defined under the Broadcasting (Class License) Notification, “ICPs”) are a licensable broadcasting
service under the Broadcasting Act. Providers of Internet-based content generally are considered ICPs under the Broadcasting (Class License)
Notification and are subject to an automatically-granted class license.

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ICPs must comply with codes of
practice issued by the IMDA from time to time, including the Internet Code of Practice issued by IMDA. These requirements include, among
other things, that the ICP must use its best efforts to ensure that prohibited material (i.e., any material that is objectionable on the
grounds of public interest, public morality, public order, public security or national harmony, offends good taste or decency, or is otherwise
prohibited by applicable Singapore laws) is not broadcasted via the internet to users in Singapore and must deny access to any material
considered by IMDA to be prohibited material if it is directed to do so by the IMDA.

The Protection from Harassment
Act 2014 of Singapore protects persons against harassment and harmful social behavior such as cyber bullying and unlawful stalking, as
well as the publication of false statements of fact about any person. Perpetrators can be both individuals and organisations. Individual