Company: GCL
Filing Date: 2025-04-30
Form Type: 424B3
Source: 0001213900-25-037646
Chunk: 19

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-30
Form: 424B3
Chunk 19
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 Announcement”) on the website of the SGX-ST. The Offeror is a direct
wholly-owned subsidiary of GCL Global Pte. Ltd. (“GGPL”), which is in turn an indirectly wholly-owned subsidiary of the Company.

For over 30 years, Ban Leong has distributed a
wide range of technology products across Asia that include IT accessories, gaming components, smart (IOT) technology, and commercial products.
Ban Leong is an authorized distributor for over 50 well-known brands, including Razer, Nvidia, Samsung, Huawei, TP-Link, and LG. Ban Leong’s
multi-channel distribution strategy encompasses e-commerce platforms, brick-and-mortar retailers, chain stores, and direct sales to corporate
resellers and system integrators, and operating service centres in Singapore, Malaysia, and Thailand that provide technical support and
repair services.

Transaction highlights and strategic rationale

This transaction aligns with GCL’s strategy
to deliver next-generation gaming experiences to the global gaming community while enhancing its business growth and profit margin profile.
GCL plans to:

| · | Leverage Ban Leong’s focus on consumer                                                                                                   
 electronics and gaming hardware, as well as its longstanding partnership with a leading graphics card manufacturer, to capitalize on the 
 rising demand for high-performance chipsets in gaming and AI applications;                                                               |

| · | Drive B2C sales of peripheral gaming hardware—such                                                                    
 as custom gaming monitors, PC components designed to complement GCL’s digital content, and bundled product offerings; |

| · | Introduce branded, high-performance gaming laptops                                                    
 and consoles pre-installed with GCL game titles to strengthen GCL’s brand in the gaming industry; and |

| · | Leverage Ban Leong’s sales network to expand       
 GCL’s existing distribution footprint across Asia. |

Sebastian Toke, Group CEO of GCL, said, “We
believe the Offer Price presents an attractive offer to Ban Leong shareholders by allowing them to sell the Shares at a premium to market
price in a market with limited liquidity without having to pay brokerage fees.”

Mr. Toke further elaborated, saying, “We
look forward to integrating Ban Leong with the GCL group and utilizing our combined marketing and procurement strategies to drive operational
efficiencies and unlock additional revenue synergies. This transaction presents a unique opportunity to accelerate the expansion of GCL’s
Asian footprint, while enhancing our product portfolio with new licensing opportunities, customized hardware, co-branded products, and
additional IT components