Company: GINT
Filing Date: 2025-05-19
Form Type: DRS/A
Source: 0001213900-25-045183
Chunk: 151

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-19
Form: DRS/A
Chunk 151
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 in accounting and finance from The University of Hong Kong in June 2014. Mr.Ng was also certified as a certified public accountant by the Hong Kong Institute of Certified Public Accountants in 2018. [Mr. Man Fai Kwan]will serve as an independent director upon the effectiveness of our registration statement on Form F -1, of which this prospectus is a part, and will be the chairman of the [compensation] committee and a member of [audit] committee and [nominating and corporate governance] committee. Mr.Kwan has over 20 years of experience in corporate finance and banking work, including assisting various companies in their listing on the Main Board and the GEM of the Hong Kong Stock Exchange. He currently serves as the chairman, executive director and authorised representative of Nan Nan Resources Enterprise Limited (stock code: 1229.HK). Mr.Kwan is also a consultant of Messrs. Anthony Siu & Co., a law firm in Hong Kong. Mr.Kwan obtained a bachelor degree in laws from The University of Hong Kong in July 1992 and a master degree in laws from The London School of Economics and Social Sciences, the University of London in November 1994. Family Relationships There are no family relationships among our directors and executive officers. Compensation of Directors and Executive Officers For so long as we qualify as a foreign private issuer, we are not required to comply with the proxy rules applicable to U.S. domestic companies, including the requirement applicable to emerging growth companies to disclose the compensation of our executive officers on an individual, rather than an aggregate, basis. For the six months ended September30, 2024 and 2023, we paid an aggregate compensation of HK$909,000 and HK$909,000, respectively, to our executive officers and directors. For the years ended March 31, 2024 and 2023, we paid an aggregate compensation of HK$1,818,000 and HK$1,418,000, respectively, to our executive officers and directors. We have not set aside any amount to provide pension, retirement or other similar benefits to our executive officers and directors. We have also not made any agreements with our directors or executive officers to provide benefits upon termination of employment. Corporate Governance Practices Foreign Private Issuer After the consummation of this offering, we will qualify as a “foreign private issuer” under the SEC rules and Nasdaq Capital Market Company Guide. As a foreign private issuer, we will be exempt from the rules under the Exchange