Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 126

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 126
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) targeted correction
directions, which require the internet intermediary to communicate a correction notice on its service to all end-users in Singapore who
accessed the offending false statement of fact by means of its service after a specified time; and (b) disabling directions, which
require the internet intermediary to disable access by end-users in Singapore to the offending false statement of fact being communicated
on or through its service. Internet intermediaries may be fined or have their access to their online location by Singapore end-users disabled
if they fail to comply with directions issued under POFMA without reasonable excuse.

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There are also various other content regulation laws in Singapore,
including:

| (i) | Undesirable Publications Act 1967 (“UPA”):                                                                                                 
 The UPA prevents the importation, distribution and reproduction of obscene and objectionable publications. The definition of “publication” 
 is wide, and includes “any picture or drawing, whether made by computer-graphics or otherwise howsoever”. The UPA makes it                 
 an offence for a person to reproduce any obscene or objectionable publication knowing or having reason to believe that it is obscene       
 or objectionable.                                                                                                                          |

| (ii) | Foreign Interference (Countermeasures) Act 2021 (“FICA”):                                                                                        
 The FICA is intended to counteract foreign interference in the public interest. Under the FICA, it would be an offence to, inter                 
 alia, undertake (or prepare or plan to undertake) “electronic communications activity” in or outside Singapore that results                      
 in or involves the publication in Singapore of any information/material on behalf of (i) a foreign principal or (ii) another                     
 person acting on the foreign principal’s behalf, where any part of the undertaking or electronic communications activity is covert               
 or involves deception, and with knowledge or reason to believe that the electronic communications activity or the published information/material 
 is likely to be prejudicial to the security of Singapore or any part of Singapore.                                                               |

| (iii) | The Online Safety (Miscellaneous Amendments) Act 2022 (the                                                                                     
 “OSA”): The OSA seeks to amend the Broadcasting Act 1994 to introduce a new Part 10A, which will regulate                                      
 online communication services (“OCSs”) provided to Singapore end-users and listed in a new schedule under the                                  
 Broadcasting Act 1994. These regulations will apply to OCSs provided from outside Singapore as well as services provided in