Company: MEGL
Filing Date: 2025-04-14
Form Type: 20-F
Source: 0001641172-25-004566
Chunk: 36

Company: Magic Empire Global Ltd
Filing Date: 2025-04-14
Form: 20-F
Item: Item 3
Chunk 36
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We
do not intend to pay dividends for the foreseeable future.

We
currently intend to retain any future earnings to finance the operation and expansion of our business, and we do not expect to declare
or pay any dividends in the foreseeable future. As a result, you may only receive a return on your investment in our shares if the market
price of our shares increases. Under BVI law, we may only pay dividends if we are solvent before and after the dividend payment in the
sense that we will be able to satisfy our liabilities as they become due in the ordinary course of business; and the value of assets
of our Company will not be less than the sum of our total liabilities.

Securities
analysts may not publish favorable research or reports about our business or may publish no information at all, which could cause our
share price or trading volume to decline.

The
trading market will be influenced to some extent by the research and reports that industry or financial analysts publish about us and
our business. We do not control these analysts. We may be slow to attract research coverage and the analysts who publish information
about our shares will have had relatively little experience with us or our industry, which could affect their ability to accurately forecast
our results and could make it more likely that we fail to meet their estimates. In the event we obtain securities or industry analyst
coverage, if any of the analysts who cover us provide inaccurate or unfavorable research or issue an adverse opinion regarding our share
price, our share price could decline. If one or more of these analysts cease coverage of us or fail to publish reports covering us regularly,
we could lose visibility in the market, which in turn could cause our share price or trading volume to decline and result in the loss
of all or a part of your investment in us.

Investors
may have difficulty enforcing judgments against us, our directors and management. Investors may incur additional costs and procedural
obstacles in effecting service of legal process, enforcing foreign judgments or bringing actions in BVI or Hong Kong against us or our
management named in the Annual Report based on BVI or Hong Kong laws.

We
are incorporated under the laws of the BVI and all of our directors and officers reside outside of the United States in Hong Kong. Moreover,
all of these persons do not have significant assets in the U. S. As a result, it may be difficult or impossible to effect service of process
within the U. S. upon these persons, or to recover against