Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 305

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 305
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 align='center'>F-60

BAN LEONG TECHNOLOGIES
LIMITED

Report of Independent Auditors</div>

To the Shareholders and the Board of Directors
of Ban Leong Technologies Limited

Opinion

We have audited the consolidated financial statements
of Ban Leong Technologies Limited (the "Company"), which comprise the consolidated balance sheets as of March 31, 2025 and
2024, and the related consolidated statements of comprehensive income, changes in shareholders’ equity and cash flows for the years
then ended, and the related notes (collectively referred to as the “financial statements”).

In our opinion, the accompanying financial statements
present fairly, in all material respects, the financial position of the Company at March 31, 2025 and 2024, and the results of its operations
and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinion

We conducted our audits in accordance with auditing
standards generally accepted in United States of America (GAAS). Our responsibilities under those standards are further described in
the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent
of the Company to meet our other ethical responsibilities in accordance with the relevant ethical requirements relating to our audits.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Responsibilities of Management for the Financial Statements

Management is responsible for the preparation
and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of
America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of
financial statements that are free of material misstatement, whether due to fraud or error.

In preparing the financial statements, management
is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s
ability to continue as a going concern for one year after the date that the financial statements are available to be issued.

<div align='center'>F-61

BAN LEONG TECHNOLOGIES LIMITED

Report of Independent Auditors (continued)</div>

Auditor’s Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance
about whether the financial statements as a whole are free of material misstatement, whether due to fraud or error, and to issue an auditor’s
report that includes our opinion. Reasonable