Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 195

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 6
Chunk 195
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Country of Principal Executive Offices                   Australia
Foreign Private Issuer                                   Yes      
Disclosure Prohibited under Home Country Law             No       
Total Number of Directors                      4                  

73
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                                                             Female            Male            Non-Binary           Did Not Disclose Gender 
--------------------------------------------------------------------------------------------------------------------------------------------
Part I: Gender Identity                                                                                                                     
Directors                                                          1               3                     0                                 0
Part II: Demographic Background                                                                                                             
Underrepresented Individual in Home Country Jurisdiction                                                                                   0
LGBTQ+                                                                                                                                     0
Did Not Disclose Demographic Background                                                                                                     

B.   Compensation
-----------------
 
For the year ended September 30, 2024, we paid an aggregate of US$72,532 (including salaries, bonus and mandatory provident fund) to our directors. Our Hong Kong subsidiary is required by law to contribute amounts equal to certain percentages of each employee’s salary for his or her mandatory provident fund. We have not made any agreements with our directors or executive officers to provide benefits upon termination of employment.
 
Equity Compensation Plan Information
 
We have not adopted any equity compensation plans.
 
Outstanding Equity Awards at Fiscal Year-End
 
As of September 30, 2024, we had no outstanding equity awards.
 

C.     Board  
     Practices
--------------
Board of Directors
 
Our board of directors consists of four directors, comprising our sole executive director Mr. Yau and three independent directors, namely, Ms. Ling, Mr. Shin and Mr. Cheung. A director is not required to hold any shares in our Company to qualify to serve as a director. Subject to making appropriate disclosures to the board of directors in accordance with our Memorandum and Articles, a director may vote with respect to any contract, proposed contract, or arrangement in which he or she is interested; in voting in respect to any such matter, such director should take into account his or her directors’ duties. A director may exercise all the powers of the company to borrow money; mortgage its business, property, and uncalled capital; and issue debentures or other securities whenever money is borrowed or as security for any obligation of the Company or of any third party.
Board Diversity
 
We seek to achieve board diversity through the consideration of a number of factors when selecting the candidates to our board, including, but not limited to, gender, skills, age, professional experience, knowledge, cultural, education background, ethnicity, and length of service. The ultimate decision of the appointment will be based on merit and