Company: GINT
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001213900-25-044839
Chunk: 163

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 163
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D |         | 2024 | HKD |         | 2024 | USD |        | 2024 | As of September 30, 
 HKD                 |           |     | USD |         |
|:---------------------|:----|:----------------------------------|:-----|:----------------|----------:|:-----|:----|--------:|:-----|:----|--------:|:-----|:----|-------:|:-----|:--------------------|----------:|:----|:----|--------:|
| Mr. Wong             |     | Amount due from a shareholder     |      | $               |   216,711 |      | $   | 545,716 |      | $   | 165,505 |      | $   | 21,219 |      | $                   | 1,436,064 |     | $   | 184,838 |
| Take Care HK Limited |     | Amount due from a related company |      | $               | 2,242,100 |      | $   | 353,165 |      | $   |       — |      | $   |      — |      | $                   |         — |     | $   |       — |

114

The amount due from Mr.Wong represented the temporary advances made by our Company, which are non -tradein nature and for purpose of fund transfer. During the years presented, Mr.Wong settled some expenses on behalf of our Company, therefore, certain amounts of this balance was offset. The amount is unsecured, interest -freeand due on demand. For the years ended March31, 2022, 2023 and 2024, our Company provided funds to Mr.Wong in the net amount of HK$6,852,145, HK$4,189,496 and HK$4,135,738, respectively, which were partially settled by offsetting against the dividend distributed. For the six months ended September30, 2024, our Company provided funds to Mr.Wong in the net amount of HK$1,270,559. On October23, 2024, the Company declared and paid the special dividend of HK$1,500,000 (US$193,068) by setting off the amount due from Mr.Wong. As of the date of this prospectus, the amount due from Mr.Wong was fully settled. The amount due from Take Care represented temporary advances in non -tradenature, for