6-K

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM6-K

REPORTOF FOREIGN PRIVATE ISSUER

PURSUANTTO RULE 13a-16 OR 15d-16

UNDERTHE SECURITIES EXCHANGE ACT OF 1934

Forthe month of August 2024

CommissionFile Number: 001-41480

StarboxGroup Holdings Ltd.

VO2-03-07,Velocity Office 2, Lingkaran SV, Sunway Velocity, 55100

KualaLumpur, Malaysia

(Addressof principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

Entryinto Software Purchase Agreement with Global Clearing Solutions Limited

On August 7, 2024, Starbox Group Holdings Ltd., a Cayman Islands company (the “Company”), as the issuer, and its indirect wholly owned subsidiary, Irace Technology Limited, a British Virgin Islands company (“Irace Technology”), as the purchaser, entered into a software purchase agreement (the “Software Purchase Agreement”) with Global Clearing Solutions Limited, a company incorporated in Seychelles (the “Seller”), as the seller, with respect to a certain virtual interactive enterprise showroom system engine and related assets, as described more particularly therein (the “Virtual Interactive Enterprise Showroom Software”).

Pursuant to the Software Purchase Agreement, Irace Technology agreed to acquire from the Seller all of the rights, title and interests in the Virtual Interactive Enterprise Showroom Software for consideration of an aggregate of 50,000,000 Class A ordinary shares (per share price of US$0.16) of the Company with an aggregate value of US$8,000,000.00 (the “Consideration Shares”). In connection with the Software Purchase Agreement, on August 7, 2024, the Seller and four assignees (the “Assignees”) entered into a deed of assignment (the “Deed of Assignment”) with respect to the assignment of the Seller’s right to receive the Consideration Shares, and the Seller delivered to the Company and Irace Technology a notice of assignment (the “Notice of Assignment”) (the “Assignment”). Pursuant to the Software Purchase Agreement and the Assignment, the Consideration Shares will be issued to the Assignees on a closing date as may be agreed upon among the Company, Irace Technology, and the Seller, subject to the satisfaction by the Seller of its obligations under the Software Purchase Agreement.

The foregoing descriptions of the Software Purchase Agreement, the Deed of Assignment, and the Notice of Assignment do not purport to be complete and are qualified in their entirety by reference to the full text of each the Software Purchase Agreement, the Deed of Assignment, and the Notice of Assignment, which are filed as Exhibits 10.1, 10.2, and 10.3, respectively, to this Form 6-K.

The Software Purchase Agreement and the transactions contemplated thereby were approved and authorized by the board of directors of the Company on August 7, 2024.

This Form 6-K is hereby incorporated by reference into the registration statement on Form F-3 of the Company (File No. 333-274484), as amended, the registration statements on Form F-3 of the Company (File No. 333-278571), and the registration statement on Form F-3 of the Company (File No. 333-280850), and into the base prospectus and the prospectus supplement outstanding under each of the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

ExhibitIndex

Exhibit<br> No.	Description
10.1	Software Purchase Agreement, among Starbox Group Holdings Ltd., Irace Technology Limited, and Global Clearing Solutions Limited , dated August 7, 2024
10.2	Deed of Assignment, between Global Clearing Solutions Limited and the person listed in Schedule 1 therein, dated August 7, 2024
10.3	Notice of Assignment, delivered by Global Clearing Solutions Limited to Starbox Group Holdings Ltd. and Irace Technology Limited, dated August 7, 2024

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Starbox Group Holdings Ltd.
Date:<br> August 7, 2024	By:	/s/ Lee Choon Wooi
	Name:	Lee<br> Choon Wooi
	Title:	Chief<br> Executive Officer

Exhibit10.1

Dated August 7

SOFTWAREPURCHASE AGREEMENT

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AMONG

GLOBAL CLEARING SOLUTIONS LIMITED

(Registration No. 237070)

(THE“SELLER”)

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AND

IRACE TECHNOLOGY LIMITED

(Registration No. 2131768)

(THE“PURCHASER”)

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AND

STARBOX GROUP HOLDINGS LTD.

(Registration No. 381005)

(THE“ISSUER”)

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TABLE OF CONTENTS

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CONTENTS		PAGE
1.	Definitions<br> and Interpretation	1
2.	SALE<br> AND PURCHASE OF SOFTWARE	5
3.	PURCHASE<br> CONSIDERATION OF SOFTWARE	5
4.	COMPLETION<br> OF SALE AND PURCHASE OF SOFTWARE	6
5.	REPRESENTATIONS<br> AND WARRANTIES	6
6.	INDEMNIFICATION	8
7.	DURATION<br> AND TERMINATION OF AGREEMENT	8
8.	SPECIFIC<br> PERFORMANCE	9
9.	FURTHER<br> ASSURANCE	9
10.	TAXES	9
11.	CONFIDENTIALITY	9
12.	NOTICES	10
13.	RIGHTS<br> AND REMEDIES	11
14.	FORCE<br> MAJEURE	11
15.	AMENDMENTS<br> AND WAIVERS	11
16.	ASSIGNMENT	12
17.	SUCCESSORS<br> AND ASSIGNS	12
18.	NO<br> AGENCY	12
19.	ENTIRE<br> AGREEMENT	12
20.	TIME	12
21.	COST<br> AND EXPENSES	12
22.	INVALIDITY<br> AND SEVERABILITY	13
23.	COUNTERPARTS<br> AND E-SIGNATURES	13
24.	GOVERNING<br> LAW AND JURISDICTION	13
SCHEDULE<br> 1 software specificationS		15

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THISAGREEMENT is made on August 7, 2024 among:

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(1)	GLOBAL CLEARING SOLUTIONS LIMITED (Registration No. 237070), a company incorporated in Seychelles<br> with its registered address at Oliaji Trade Centre – 1st Floor, Victoria, Mahe, Seychelles<br> (the “Seller”);
(2)	IRACE TECHNOLOGY LIMITED (Registration No. 2131768), a company incorporated in British Virgin<br> Islands with its registered address at Clarence Thomas Building, P.O. Box 4649, Road Town,<br> Tortola, British Virgin Islands (the “Purchaser”); and
(3)	STARBOX GROUP HOLDINGS LTD. (Registration No. 381005), a company incorporated in Cayman Islands<br> with its registered address at Suite 102, Cannon Place, North Sound Rd., George Town, Grand<br> Cayman, Cayman Islands (the “Issuer”),

(the Seller, the Purchaser and the Issuer are, collectively, the “Parties” and, individually, a “Party”).

Whereas:

(A)	As<br> at the date of this Agreement, the Seller is the legal and beneficial owner of the Software<br> (as defined below).
(B)	The<br> Seller has agreed to sell to the Purchaser, and the Purchaser has agreed to purchase from<br> the Seller, the Software upon the terms and subject to the conditions of this Agreement.
(C)	The<br> Parties agree to assume the obligations imposed on them under this Agreement.

Itis agreed as follows:

1.	Definitions and Interpretation

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1.1.	In<br> this Agreement, unless the subject or context otherwise requires, the following words and<br> expressions shall have the following meanings respectively ascribed to them:

“Affiliate” means, with respect to any person, any other person directly or indirectly controlling, controlled by, or under common control with, such person;

“Agreement” means this software purchase agreement;

“BusinessDay” means a day on which banks are open for business and is not a Saturday, Sunday, a “public holiday” or a “bank holiday” in Malaysia;

“Completion” means the completion of the sale and purchase of the Software pursuant to Clause 4;

“CompletionDate” means the date on which the Consideration Shares are issued to the Seller’s Assignees pursuant to Clause 3.2of this Agreement, or such other date as may be agreed upon between the Parties upon which Completion is to take place;

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“Encumbrances” means (a) any mortgage, charge (whether fixed or floating), pledge, lien, hypothecation, assignment, deed of trust, security interest or other encumbrance of any kind securing, or conferring any priority of payment in respect of, any obligation of any person, including any right granted by a transaction which, in legal terms, is not the granting of security but which has an economic or financial effect similar to the granting of security under the Law, (b) any voting agreement, interest, option, right of first offer, refusal or transfer restriction in favour of any person and (c) any adverse claims as to title, possession or use;

“GovernmentalAuthority” means any relevant governmental or quasi-governmental authority, statutory authority or quasi-statutory or regulatory authority, administrative, monetary, fiscal or judicial body, department, commission, authority, tribunal, agency or stock exchange or taxing authority or anybody entitled to exercise executive power or power of any nature or body or other organisation to the extent that the rules, regulations, standards, requirements, procedures or orders of such authority, body or other organisation have the force of Law;

“GoodIndustry Practice” means the exercise of that degree of skill, care, prudence, efficiency, foresight and timeliness as would be expected from a leading company within the relevant industry or business sector;

“IntellectualProperty Rights” means patents, utility models, rights to inventions, copyright and neighbouring and related rights, trademarks and service marks, business names and domain names, rights in get-up and trade dress, goodwill and the right to sue for passing off or unfair competition, rights in designs, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets), and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world;

“Issuer” means STARBOX GROUP HOLDINGS LTD. (Registration No. 381005), a company incorporated in the Cayman Islands with its registered address at Suite 102, Cannon Place, North Sound Rd., George Town, Grand Cayman, Cayman Islands;

“Laws” shall mean and include all applicable statutes, enactments, acts of legislature or Parliament, laws, ordinances, rules, by-laws, regulations, notifications, guidelines, policies, directions, directives and orders of any Governmental Authority, tribunal, board or court of competent jurisdiction;

“Parties” means collectively, the Seller, the Purchaser and the Issuer, and “Party” means any of them;

“Purchaser” means IRACE TECHNOLOGY LIMITED (Registration No. 2131768), a company incorporated in the British Virgin Islands with its registered address at Clarence Thomas Building, P.O. Box 4649, Road Town, Tortola, British Virgin Islands;

“Seller” means GLOBAL CLEARING SOLUTIONS LIMITED (Registration No. 237070), a company incorporated in Seychelles with its registered address at Oliaji Trade Centre – 1st Floor, Victoria, Mahe, Seychelles;

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“Seller’sAssignees” has the meaning ascribed to it in Clause 3.2.1;

“Software” means “Virtual Interactive Enterprise Showroom System Engine”, as more specifically described in the Software Specifications and all updates, upgrades, releases and versions including:

(i)	the<br> source code and object code; and
(ii)	all<br> other works or materials recorded or embodied in the Software, including the audio or visual<br> content in any screen-displays in the user interface;

“SoftwareDeliverables” has the meaning ascribed to it in Clause 4.1;

“SoftwareDocumentation” means all and any documents (whether in human or machine-readable form) relating to the Software, including all:

(i)	operating<br> manuals, user instruction manuals and training materials; and
(ii)	documents<br> associated with the creation, design, development or modification of the Software, including<br> technical or functional specifications, flow charts, algorithms, architectural diagrams,<br> data models, build instructions, testing or configuration documents and technical data;

“SoftwareSpecifications” means the specifications of the Software as set out in Schedule 1;

“SoftwareTrade Secret” means any scientific or technical information, design, process, procedure, formula, or improvement included in the Software that is valuable, not generally known in the industry, and gives the owner of the Software a competitive advantage over those competitors who do not know or use such information;

“TangibleSoftware Assets” means all physical or tangible embodiments of the Software, including all object code and source code of the Software;

“Tax” means all forms of taxation, whether direct or indirect and whether levied by reference to income, profits, gains, net wealth, asset values, turnover, added value or other reference and statutory, governmental, state, provincial, local governmental or municipal impositions, duties, contributions, rates and levies, whenever and wherever imposed (whether imposed by way of withholding or deduction for or on account of tax or otherwise) and in respect of any person and all penalties, charges, costs and interest relating thereto; and

“TaxAuthority” means any taxing or other authority competent to impose any liability in respect of Tax or responsible for the administration and/or collection of Tax or enforcement of any Law in relation to Tax.

1.2.	Unless<br> the context otherwise requires, in this Agreement:
1.2.1.	any<br> reference to a statute or statutory provision is a reference to it as it is in force from<br> time to time, taking account of any change, extension, consolidation or re-enactment and<br> includes any subordinate legislation for the time being in force made under it;
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1.2.2.	any<br> and all headings contained in this Agreement are for convenience only and do not affect the<br> interpretation of any provision of this Agreement;
1.2.3.	references<br> to any gender shall include the other genders and references to the singular shall include<br> the plural and vice versa and references to natural persons shall include bodies corporate<br> and vice versa;
1.2.4.	any<br> reference to a person which for the purposes of this Agreement means any individual, corporation,<br> partnership, association, limited liability company, trust, Governmental Authority or body<br> or other entity or organisation (whether or not having a separate legal personality) shall<br> include its successors in title;
1.2.5.	all<br> obligations and liabilities on the part of the Parties are (unless expressly stated otherwise)<br> several and shall be construed accordingly;
1.2.6.	any<br> reference to “day”, “week”, “month”<br> or “year” is a reference to a day, week, month or year respectively in<br> the Gregorian calendar;
1.2.7.	any<br> phrase introduced by the terms “including”, “include”<br> or any similar expression shall be construed as illustrative and shall not limit the sense<br> of the words preceding those terms;
1.2.8.	references<br> to “writing”, or cognate expressions, include any communication effected<br> electronically, by telex, cable, facsimile transmission or other comparable means of communication;
1.2.9.	any<br> reference to an agreement (including this Agreement), contract or document is a reference<br> to such agreement, contract or document as the same may be amended, restated or replaced<br> from time to time; and
1.2.10.	references<br> to this Agreement include any Recitals and Appendices to it and references to Clauses, Recitals<br> and Appendices are to the clauses, recitals and appendices to this Agreement.
1.3.	If<br> any period of time is specified from a given day, or the day of a given act or event, it<br> is to be calculated exclusive of that day and if any period of time falls on a day which<br> is not a Business Day, then that period is to be deemed to only expire on the next Business<br> Day.
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1.4.	The<br> Recitals to this Agreement shall have effect and be construed as an integral part of this<br> Agreement, but in the event of any conflict or discrepancy between any of the provisions<br> of this Agreement, such conflict or discrepancy shall, for the purposes of the interpretation<br> and enforcement of this Agreement, be resolved by giving the provisions contained in the<br> Clauses of this Agreement priority and precedence over the provisions contained in the Recitals<br> to this Agreement.
1.5.	No<br> provision of this Agreement will be construed adversely to a Party solely on the ground that<br> the Party was responsible for the preparation of this Agreement or that provision.

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2.	SALE AND PURCHASE OF SOFTWARE

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2.1.	The<br> Seller agrees to sell to the Purchaser, and the Purchaser agrees to purchase from the Seller<br> the Software on the terms and subject to the conditions of this Agreement.
2.2.	In<br> connection with the sale of the Software, the Seller hereby absolutely transfers, grants,<br> conveys, assigns and relinquishes in favour of the Purchaser all of its rights (including<br> all Intellectual Property Rights), title and interests in and to the following:
2.2.1.	the<br> Software;
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2.2.2.	the<br> Software Documentation;
2.2.3.	the<br> Software Trade Secret; and
2.2.4.	the<br> Tangible Software Assets.
2.3.	The<br> Software shall be sold by the Seller to the Purchaser free and clear from all Encumbrances<br> and with full legal and beneficial title and the Seller further agrees to waive any moral<br> rights that the Seller may have with respect to the Software in favour of the Purchaser.
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3.	PURCHASE CONSIDERATION OF SOFTWARE
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3.1.	Purchase Consideration

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3.1.1.	The<br> sale and purchase consideration for the Software is United States Dollar Eight Million (USD8,000,000.00) only (the “Purchase Consideration”).
3.1.2.	The<br> Parties agree that the Purchase Consideration shall be satisfied by way of allotment and<br> issuance to the Seller of 50,000,000 new Class A ordinary shares of the Issuer at the issue<br> price of USD0.16 per Class A ordinary share (“Consideration Shares”),<br> the total value of which is equivalent to the Purchase Consideration.
3.2.	Issuance of Consideration Shares
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3.2.1.	Notwithstanding<br> Clause 3.1.2 above, the Seller hereby instructs and authorises the Issuer to allot<br> and issue the Consideration Shares to the Seller’s assignees (“Seller’s Assignees”), the details of which will be notified by the Seller to the Purchaser<br> and the Issuer. The Seller agrees that it shall enter into a separate deed of assignment<br> with the Seller’s Assignees for the purposes of assigning its right and entitlement<br> to receive the Consideration Shares in favour of the Seller’s Assignees.
3.2.2.	Subject<br> to receipt by the Purchaser of the Software Deliverables in accordance with Clause 4.1 below, the Consideration Shares shall be issued by the Issuer to the Seller’s Assignees<br> on the Completion Date.
3.2.3.	The<br> Consideration Shares shall be issued free from all Encumbrances and with full legal and beneficial<br> title.

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3.2.4.	The<br> Parties agree and acknowledge that issuance of the Consideration Shares by the Issuer to<br> the Seller’s Assignees on the Completion Date shall constitute a full and final discharge<br> of the Purchaser’s payment obligation in respect of the Purchase Consideration under<br> this Agreement.
4.	COMPLETION OF SALE AND PURCHASE OF SOFTWARE
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4.1.	On<br> the Completion Date, the Seller shall deliver, or procure delivery to the Purchaser of, or<br> make available to the Purchaser all physical and/or digital copies (as applicable) of the<br> following:
4.1.1.	the<br> Software;
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4.1.2.	the<br> Software Documentation;
4.1.3.	the<br> Software Trade Secret;
4.1.4.	the<br> Tangible Software Assets; and
4.1.5.	such<br> other documents and instruments in relation to any of the aforesaid as the Purchaser may<br> request,

(collectively, the “Software Deliverables”) and any and all digital files of the Software Deliverables shall be delivered by the Seller to the Purchaser in a structured, commonly used and machine-readable format.

The Purchaser may, at its sole discretion, waive all or any of the Software Deliverables unless it is mandatorily required by Laws.

4.2.	Upon<br> receipt by the Purchaser of the Software Deliverables, the Issuer shall issue the Consideration<br> Shares to the Seller’s Assignees pursuant to Clause 3.2 above.
5.	REPRESENTATIONS AND WARRANTIES
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5.1.	Each<br> Party represents and warrants to and for the benefit of the other Parties that:
5.1.1.	it<br> has the full power, authority and capacity to execute, deliver and lawfully perform the terms<br> of this Agreement;
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5.1.2.	all<br> necessary actions, conditions and things have been or will be taken, fulfilled and done (including<br> the obtaining of any necessary consents) in order to enable it to lawfully exercise its rights<br> and perform and comply with its obligations under this Agreement;
5.1.3.	this<br> Agreement will when executed constitute legally valid and binding obligations on it, enforceable<br> in accordance with their respective terms;
5.1.4.	the<br> execution, delivery and performance of this Agreement will not exceed the power granted to<br> it or violate the provisions of any Law or any order or decree of any Governmental Authority,<br> agency or court to which it is subject to;

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5.1.5.	there<br> are no pending or threatened actions or proceedings before any court or administrative tribunal<br> which may materially and adversely affect its ability to discharge its obligations under<br> this Agreement; and
5.1.6.	in<br> negotiating and executing this Agreement, it has at all times sought and followed the advice<br> of competent legal counsel and, based on that advice, has entered into this Agreement based<br> on its own free will.
5.2.	The<br> Seller hereby represents and warrants to and for the benefit of the Purchaser and the Issuer<br> that:
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5.2.1.	it<br> is the sole legal and beneficial owner of the Software, free and clear from any Encumbrances<br> whatsoever, with good and marketable title;
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5.2.2.	it<br> has not licensed or assigned any part of the Software to any third party in any part of the<br> world;
5.2.3.	there<br> is no violation, infringement or misappropriation or likely violation, or misappropriation<br> of the Software;
5.2.4.	the<br> exploitation of the Software will not infringe the rights (including Intellectual Property<br> Rights) of any third party;
5.2.5.	the<br> Software contains nothing that is defamatory or indecent;
5.2.6.	except<br> for the Purchaser and certain employees of the Seller (all of whom are subject to an enforceable<br> obligation of confidentiality), the Software Trade Secret has not been disclosed to any person,<br> firm or company;
5.2.7.	complete<br> and accurate particulars of the Software are set out in the Software Specifications;
5.2.8.	the<br> Seller has exclusive possession and control of all source code relating to the Software and<br> there has been no unauthorised disclosure of such source code (which will, following Completion,<br> be in the exclusive possession or control of the Purchaser);
5.2.9.	the<br> Software:
(a)	is<br> functioning properly in accordance with all applicable specifications (including the Software<br> Specifications);
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(b)	is<br> not defective in any material respect and has not been defective or failed to function during<br> the last two (2) years;
(c)	has<br> been developed in accordance with Good Industry Practice;
(d)	has<br> been operated and used substantially in accordance with the Software Documentation; and
(e)	meets<br> all applicable legal or regulatory requirements;

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5.2.10.	the<br> Software Documentation includes sufficient user and technical information reduced to writing<br> and in a commonly readable format so as to enable reasonably skilled personnel of the Purchaser<br> to use, operate and maintain the Software without the need for reference to any other documents<br> or further assistance from any person;
5.2.11.	all<br> information and documents delivered to the Purchaser and the Issuer in connection with this<br> Agreement are true, accurate and complete in all respects;
5.2.12.	it<br> has disclosed fully and frankly any and all circumstances that may be reasonably deemed to<br> have a material influence on the Purchaser’s decision to purchase the Software; and
5.2.13.	it<br> will not, as a consequence of entering into or performing this Agreement, be in breach of<br> any terms binding upon it of any contract, agreement, undertaking, or arrangement with, or<br> any obligation to, any third party.
5.3.	All<br> representations and warranties given by the respective Parties expressed in this Clause 5 are true, correct and not misleading at the time of execution of this Agreement and<br> shall be deemed to be repeated and continue to be true, correct and not misleading on Completion<br> as if they had been given afresh on Completion.
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6.	INDEMNIFICATION
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6.1.	Without<br> prejudice to any other right or remedy which the Purchaser and/or the Issuer may have against<br> the Seller, the Seller undertakes to indemnify, defend and hold harmless the Purchaser, the<br> Issuer and their respective Affiliates, directors, employees, advisers, agents and representatives<br> from and against any and all actions, claims, demands, proceedings, investigations, liabilities<br> or judgments and any and all losses, damages, costs, charges and expenses (including all<br> reasonable legal fees and expenses) of whatever nature which relates to or arises, directly<br> or indirectly, in connection with or arising out of:
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6.1.1.	any<br> breach by the Seller of its obligations under this Agreement and/or the warranties given<br> by the Seller under Clause 5 above;
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6.1.2.	any<br> breach by the Seller of any applicable Laws; or
6.1.3.	any<br> claims involving fraud or misconduct involving dishonesty on the part of the Seller and/or<br> misrepresentation which results in a breach of the warranties given by the Seller under Clause 5 above or otherwise.
7.	DURATION AND TERMINATION OF AGREEMENT
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7.1.	This<br> Agreement shall come into effect from the date of this Agreement and shall, unless otherwise<br> terminated in accordance with this Clause 7, continue in full force and effect until<br> all the obligations of the Parties under this Agreement are fully carried out.
7.2.	This<br> Agreement may be terminated at any time by the unanimous agreement of the Parties, subject<br> to the condition that such agreement to terminate is made in writing and consented to by<br> all Parties.

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8.	SPECIFIC PERFORMANCE

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Notwithstanding any provisions of this Agreement, each Party shall be at liberty to take such action in Law or in equity as may be necessary to compel the other Parties by way of specific performance to complete the transactions contemplated in this Agreement (in which respect the alternative remedy of monetary compensation shall not be regarded as compensation or sufficient compensation for any default of the other Parties in the performance of the terms and conditions herein) or to claim damages for the breach of the other Parties.

9.	FURTHER ASSURANCE

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The Seller shall give all such assistance and information to the Purchaser and the Issuer and execute and do and procure all other necessary persons, if any, to execute and do all such further acts, deeds, assurance and things as may be required by the Purchaser or the Issuer from time to time in order to carry out, evidence and perform the Parties’ obligations and the intended purpose of this Agreement.

10.	TAXES

The Seller shall be fully responsible to pay any and all Taxes arising out of or in connection with this Agreement which may be imposed on the Seller by the relevant Tax Authority. For the avoidance of doubt, the Purchaser or the Issuer shall not be responsible nor obligated to pay any Taxes which are imposed on the Seller.

11.	CONFIDENTIALITY
11.1.	All<br> communications among the Parties and all information and other materials supplied to or received,<br> by any Party, from the other Parties which is either marked “confidential”<br> or is by its nature intended to be exclusively for the knowledge of the recipient alone,<br> or to be used by the recipient only for the benefit of this Agreement, coming to the knowledge<br> of the recipient shall be kept confidential by the recipient and shall be used by the recipient<br> solely and exclusively for the benefit of this Agreement unless:
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11.1.1.	the<br> disclosure or use is required by Law or any Governmental Authority;
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11.1.2.	the<br> disclosure or use is required to vest the full benefit of this Agreement in any Party;
11.1.3.	the<br> disclosure or use is required for the purpose of any judicial proceedings arising out of<br> this Agreement;
11.1.4.	the<br> disclosure is made to professional advisors of any Party on terms that such professional<br> advisors undertake to comply with the provisions of this Clause 11 in respect of such<br> information as if they were a party to this Agreement;
11.1.5.	the<br> information becomes publicly available (other than by breach of this Agreement);
11.1.6.	the<br> Party whose information is to be disclosed or used has given prior written approval to the<br> disclosure or use; or

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11.1.7.	the<br> information is independently developed by the recipient, which independent development can<br> be shown by written evidence,

provided that prior to disclosure or use of any information pursuant to Clause 11.1.1, 11.1.2 or 11.1.3, the Party concerned shall promptly notify the other Parties of such requirement with a view to providing the other Parties with the opportunity to contest such disclosure or use or otherwise to agree on the timing and content of such disclosure or use.

11.2.	The<br> Parties shall procure the observance of the abovementioned restrictions and shall take all<br> reasonable steps to minimise the risk of disclosure of confidential information, by ensuring<br> that only their employees and professional advisers whose duties will require them to possess<br> any of such information shall have access thereto, and that they shall be instructed to treat<br> the same as confidential.
11.3.	None<br> of the Parties shall divulge to any third party any information regarding the existence or<br> subject matter of this Agreement, or any other agreement referred to in, or executed in connection<br> with, this Agreement, without the prior agreement of the other Parties.
11.4.	The<br> obligations contained in this Clause 11 shall endure, even after the termination of<br> this Agreement, without limit in point of time except and until any confidential information<br> enters the public domain as set out above.
12.	NOTICES
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12.1.

All<br> notices, demands or other communications required or permitted to be given or made hereunder<br> shall be in writing and in English and delivered personally or sent by prepaid registered<br> post (by air-mail if to an overseas address) with recorded delivery, or by courier or email<br> addressed to the intended recipient thereof at its address or at its email address set out<br> hereunder (or to such other address or email address as a Party may from time to time duly<br> notify the other Parties). Any such notice, demand or communication shall be deemed to have<br> been duly served (if delivered personally or given or made by email) immediately or (if given<br> or made by registered post or courier) forty-eight (48) hours after posting or (if made or<br> given to an overseas address) five (5) Business Days after posting, and in proving the same<br> it shall be sufficient to show that personal delivery was made or that the envelope containing<br> such notice was properly addressed as a prepaid registered letter or that the email was properly<br> addressed and sent.

12.2.

The<br> addresses and email addresses of the Parties for the purposes of Clause 12.1 above<br> are**:**

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12.2.1.	in<br> the case of service on the Seller to:
Address	:	42A,<br> Jalan Kaskas 2, Taman Cheras, 56100 Kuala Lumpur, Wilayah Persekutuan, Malaysia
---	---	---
Email<br> Address	:	alvinlyl@globalclearing-solutions.com
Attention<br> to	:	Mr.<br> Alvin Lum Yew Loong

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| --- | | 12.2.2. | in<br> the case of service on the Purchaser to: | | --- | --- | | Address | : | VO2-03-07,<br> Velocity Office 2, Lingkaran SV, Sunway Velocity, 55100 Kuala Lumpur, Malaysia | | --- | --- | --- | | Email<br> Address | : | cw.lee@starboxrebates.com | | Attention<br> to | : | Mr.<br> Lee Choon Wooi | | 12.2.3. | in<br> the case of service on the Issuer to: | | --- | --- | | Address | : | VO2-03-07,<br> Velocity Office 2, Lingkaran SV, Sunway Velocity, 55100 Kuala Lumpur, Malaysia | | --- | --- | --- | | Email<br> Address | : | cw.lee@starboxrebates.com | | Attention<br> to | : | Mr.<br> Lee Choon Wooi | | 12.3. | In<br> this Clause 12, if deemed receipt occurs before 9am on a Business Day, the notice<br> shall be deemed to have been received at 9am on that day, and if deemed receipt occurs after<br> 5pm on a Business Day, or on a day which is not a Business Day, the notice shall be deemed<br> to have been received at 9am on the next Business Day. | | --- | --- | | 13. | RIGHTS AND REMEDIES | | --- | --- |

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The rights and remedies provided in this Agreement are cumulative, and are not exclusive of any rights or remedies of the Parties provided at Law, in equity, by statute or otherwise and no failure or delay in the exercise or the partial exercise of any such right or remedy or the exercise of any other right or remedy shall affect or impair any such right or remedy.

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14.	FORCE MAJEURE

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Notwithstanding anything herein contained, none of the Parties will be liable to the other Parties for any breach or failure to perform any of its obligations under this Agreement where such breach or failure is caused directly or indirectly by war, civil commotion, hostilities, strikes, lockouts, pandemic, acts of God, governmental regulations or directions or the action or omission or purported action or omission of any Governmental Authority, or any other cause or causes beyond that Party’s reasonable control, whether similar to any of the foregoing or not, but if any Party is or is likely to be, affected by any such cause it will immediately notify the other Parties of the occurrence of the relevant event and will use all reasonable endeavours to overcome or mitigate the effects thereof.

15.	AMENDMENTS AND WAIVERS

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15.1.	No<br> amendment, variation, revocation, cancellation, substitution or waiver of, or addition or<br> supplement to, any of the provisions of this Agreement will be effective unless it is in<br> writing and signed by all the Parties.

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15.2.	No<br> waiver of any breach of any provision of this Agreement will be effective or binding unless<br> made in writing and signed by the Party purporting to give the same and, unless otherwise<br> provided in the written waiver, will be limited to the specific breach waived.
16.	ASSIGNMENT
---	---

Unless otherwise specified in this Agreement, none of the Parties shall be entitled to transfer or otherwise assign its rights and obligations under this Agreement to a third party without the prior written consent of the other Parties and any assignment, transfer or delegation which is made without such prior written approval shall constitute a breach of this Agreement.

17.	SUCCESSORS AND ASSIGNS

This Agreement will be binding upon and inure for the benefit of the respective heirs, personal representatives, successors-in-title or permitted assigns, as the case may be, of the Parties.

18.	NO AGENCY

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Nothing in this Agreement is intended to or shall operate to create a partnership, or to authorise any Party to act as agent for the other Parties or to establish any other fiduciary relationship between the Parties. No Party has the power or the right to bind, commit or pledge the credit of the other Parties.

19.	ENTIRE AGREEMENT

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This Agreement constitutes the entire agreement and full understanding among the Parties hereto with respect to all of the matters herein and it supersedes any previous negotiations, discussions, correspondence, arrangements, agreements and understandings among them, oral or written, with respect to the matters addressed herein.

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20.	TIME

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20.1.	Time<br> shall be of the essence in this Agreement.
20.2.	No<br> time or indulgence given by any Party to the other shall be deemed or in any way construed<br> as a waiver of any of its rights and remedies hereunder.
21.	COST AND EXPENSES
---	---

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Purchaser shall bear all the legal and other professional costs and expenses incurred by it in the negotiation and preparation of this Agreement and any other agreements or documents entered into or signed under or in connection with this Agreement.

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22.	INVALIDITY AND SEVERABILITY

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22.1.	If<br> any provision of this Agreement is or may become invalid or unenforceable under any written<br> Law, or is found by any court or administrative body or competent jurisdiction to be, illegal,<br> void, invalid, prohibited or unenforceable then:
22.1.1.	such<br> provision shall be ineffective to the extent of such illegality, voidness, invalidity, prohibition<br> or unenforceability;
---	---
22.1.2.	the<br> remaining provisions of this Agreement shall remain in full force and effect; and
22.1.3.	the<br> Parties shall use their respective best endeavours to negotiate and agree on a substitute<br> provision which is valid and enforceable and achievable to the greatest extent possible the<br> economic, legal and commercial objectives of such illegal, void, invalid, prohibited or unenforceable<br> term, condition, stipulation, provision, covenant or undertaking.

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23.	COUNTERPARTS AND E-SIGNATURES

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23.1.	This<br> Agreement may be executed in separate counterparts, each of whom shall together be deemed<br> an original, but all such counterparts shall together constitute but one and the same Agreement<br> of the Parties.
23.2.	This<br> Agreement, may be accepted, executed or agreed to, through the use of an electronic signature,<br> whether digital or encrypted, in accordance with the applicable Laws. Any document accepted,<br> executed or agreed to in conformity with such Law will be binding on each party and shall<br> have the same legal effect, validity or enforceability as if it were physically executed.
24.	GOVERNING LAW AND JURISDICTION
---	---

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24.1.

This<br> Agreement shall be governed by, and construed in accordance with, the Laws of Malaysia.

24.2.

The<br> Parties irrevocably agree that the courts of Malaysia are to have exclusive jurisdiction<br> to settle any disputes which may arise out of or in connection with this Agreement and that,<br> accordingly, any legal action or proceedings arising out of or in connection with this Agreement<br> shall be brought in those courts and the Parties irrevocably submit to the jurisdiction of<br> those courts.

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This Agreement has been entered into on the date stated at the beginning.

THESELLER

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Signed<br><br> <br>for<br> and on behalf of<br><br> <br>GLOBAL CLEARING SOLUTIONS LIMITED<br><br> <br>(Registration No. 237070)	/s/ Alvin Lum Yew Loong
	Name:	Alvin<br> Lum Yew Loong
	Designation:	Director

THEPURCHASER

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Signed<br><br> <br>for<br> and on behalf of<br><br> <br>IRACE TECHNOLOGY LIMITED<br><br> <br>(Registration No. 2131768)	/s/ Choo Keam Hui
	Name:	Choo<br> Keam Hui
	Designation:	Director

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THEISSUER

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Signed<br><br> <br>for<br> and on behalf of<br><br> <br>STARBOX GROUP HOLDINGS LTD.<br><br> <br>(Registration No. 381005)	/s/ Lee Choon Wooi
	Name:	Lee<br> Choon Wooi
	Designation:	Chief<br> Executive Officer

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SCHEDULE1

SOFTWARESPECIFICATIONS

The Software is owned by the Company and is free from any Encumbrance whatsoever.

The Software provides the following features:

No.	Description	Key Features
1.	Virtual Interactive Enterprise Showroom System Engine	●	Planning and Research
	Overview		-	Market research and analysis
			-	Project scope and requirements<br> documentation
	The<br>interactive enterprise showroom is an innovative form of digital marketing that allows customers to showcase products and services in<br>an engaging and interactive manner.		-	In-depth analysis of business<br> requirements and objectives
			-	Stakeholders’ identification<br> and engagement plan
			-	Demographic analysis for<br> emotional connection with audience
			-	Detailed tracking idealization
		●	Design and Prototyping
			-	Initial design, prototyping<br> and 3D modelling of showroom environment
			-	360-degree view and fully<br> immersive virtual environment design
			-	User interface (UI) and<br> user experience (UX) design
			-	Creation of visually appealing<br> and usercentric interfaces
			-	Prototype development and<br> stakeholder feedback integration
			-	Focus on intuitive interfaces<br> and seamless user journeys
		●	Development and implementation
			-	Backend infrastructure<br> setup
			-	Back end system coding<br> and assurance of full application programming interface compatibility
			-	Interactive feature implementation
			-	Assessment of existing<br> infrastructure for enhancement and integration
			-	Cross-platform compatibility<br> assurance
			-	Implementation of a system<br> for detailed tracking of user interactions and behaviors within the virtual environment
		●	Testing
			-	Unit testing, integration<br> testing, and system testing
			-	API and load testing
			-	User acceptance testing<br> (UAT)
			-	Bug fixing and performance<br> optimization
		●	Launching and Deployment
			-	Launch plan and marketing<br> strategy
			-	Platform deployment
			-	User training and support
			-	Back end support assistance
		●	Post-Launch & Maintenance
			-	Feedback collection and<br> analysis
			-	Regular updates and new<br> feature releases
			-	Ongoing technical support<br> and maintenance
			-	System maintenance and<br> server upkeep

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Exhibit10.2

Dated August 7, 2024

DEED OF ASSIGNMENT

BETWEEN

GLOBALCLEARING SOLUTIONS LIMITED

(REGISTRATIONNO. 237070)

(THE“ASSIGNOR”)

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AND

THEPERSONS NAMED IN SCHEDULE 1

(THE“ASSIGNEES”)

---

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THISDEED OF ASSIGNMENT (“DEED”) is made on August 7, 2024 between:

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(1)	GLOBAL CLEARING SOLUTIONS LIMITED (Registration No. 237070), a company incorporated in Seychelles<br> with its registered address at Oliaji Trade Centre – 1st Floor, Victoria, Mahe, Seychelles<br> (the “Assignor”); and
(2)	THE PERSONS NAMED IN SCHEDULE 1 OF THIS DEED (the “Assignees”),

(the Assignor and the Assignees are collectively, the “Parties” and individually, a “Party”).

Whereas:

(A)	By<br> way of a software purchase agreement dated August 7, 2024 (“Software Purchase Agreement”)<br> entered into between the Assignor, Irace Technology Limited (Registration No. 2131768) (“Purchaser”)<br> and Starbox Group Holdings Ltd. (Registration No. 381005) (“Issuer”),<br> the Assignor has agreed to sell to the Purchaser and the Purchaser has agreed to purchase<br> the Software (as defined in the Software Purchase Agreement) from the Purchaser at the purchase<br> consideration of United States Dollar Eight Million (USD8,000,000.00) (“Purchase Consideration”).
(B)	Pursuant<br> to the Software Purchase Agreement, the Assignor and the Purchaser have agreed that the Purchase<br> Consideration shall be satisfied by way of allotment and issuance to the Assignor of 50,000,000<br> new Class A ordinary shares of the Issuer at the issue price of USD0.16 per Class A ordinary<br> share (“Consideration Shares”), the total value of which is equivalent<br> to the Purchase Consideration.
(C)	In<br> consideration of the mutual covenants contained in this Deed, the Assignor is desirous of<br> assigning its right and entitlement to receive the Consideration Shares in favour of the<br> Assignees upon the terms and subject to conditions of this Deed.

Itis agreed as follows:

1.	INTERPRETATION AND DEFINITIONS
1.1.	In<br> this Deed, unless the subject or context otherwise requires, the following words and expressions<br> shall have the following meanings respectively ascribed to them:

“Assignees” means the persons named in Schedule 1 of this Deed;

“Assignor” means GLOBAL CLEARING SOLUTIONS LIMITED (Registration No. 237070), a company incorporated in Seychelles with its registered address at Oliaji Trade Centre – 1st Floor, Victoria, Mahe, Seychelles;

“BusinessDay” means a day on which banks are open for business and is not a Saturday, Sunday, a “public holiday” or a “bank holiday” in Malaysia;

“ConsiderationShares” shall have the meaning ascribed to it in Recital (B);

“Issuer” means STARBOX GROUP HOLDINGS LTD. (Registration No. 381005), a company incorporated in Cayman Islands with its registered address at Suite 102, Cannon Place, North Sound Rd., George Town, Grand Cayman, Cayman Islands;

“Parties” means collectively, the Assignor and the Assignees, and “Party” means any of them;

| - 1 - |

| --- |

“PurchaseConsideration” shall have the meaning ascribed to it in Recital (A);

“Purchaser” means IRACE TECHNOLOGY LIMITED (Registration No. 2131768), a company incorporated in British Virgin Islands with its registered address at Clarence Thomas Building, P.O. Box 4649, Road Town, Tortola, British Virgin Islands; and

“SoftwarePurchase Agreement” shall have the meaning ascribed to it in Recital (A).

1.2.	Unless<br> the context otherwise requires, in this Deed:
1.2.1.	any<br> reference to a statute or statutory provision is a reference to it as it is in force from<br> time to time, taking account of any change, extension, consolidation or re-enactment and<br> includes any subordinate legislation for the time being in force made under it;
---	---
1.2.2.	any<br> and all headings contained in this Deed are for convenience only and do not affect the interpretation<br> of any provision of this Deed;
1.2.3.	references<br> to any gender shall include the other genders and references to the singular shall include<br> the plural and vice versa and references to natural persons shall include bodies corporate<br> and vice versa;
1.2.4.	any<br> reference to a person which for the purposes of this Deed means any individual, corporation,<br> partnership, association, limited liability company, trust, Governmental Authority or body<br> or other entity or organisation (whether or not having a separate legal personality) shall<br> include its successors in title;
1.2.5.	all obligations and liabilities on the part of the Parties are (unless expressly stated otherwise) several and shall be construed accordingly;
1.2.6.	any<br> reference to “day”, “week”, “month”<br> or “year” is a reference to a day, week, month or year respectively in<br> the Gregorian calendar;
1.2.7.	any<br> phrase introduced by the terms “including”, “include”<br> or any similar expression shall be construed as illustrative and shall not limit the sense<br> of the words preceding those terms;
1.2.8.	references<br> to “writing”, or cognate expressions, include any communication effected<br> electronically, by telex, cable, facsimile transmission or other comparable means of communication;
---	---
1.2.9.	any<br> reference to this Deed shall be construed as references to such documents as the same may<br> be amended, restated or replaced from time to time; and
1.2.10.	references<br> to this Deed include any Recitals and Appendix to it and references to Clauses, Recitals<br> and Appendix are to the clauses, recitals and appendix to this Deed.
1.3.	If<br> any period of time is specified from a given day, or the day of a given act or event, it<br> is to be calculated exclusive of that day and if any period of time falls on a day which<br> is not a Business Day, then that period is to be deemed to only expire on the next Business<br> Day.
---	---
1.4.	The<br> Recitals to this Deed shall have effect and be construed as an integral part of this Deed,<br> but in the event of any conflict or discrepancy between any of the provisions of this Deed,<br> such conflict or discrepancy shall, for the purposes of the interpretation and enforcement<br> of this Deed, be resolved by giving the provisions contained in the Clauses of this Deed<br> priority and precedence over the provisions contained in the Recitals to this Deed.
1.5.	No<br> provision of this Deed will be construed adversely to a Party solely on the ground that the<br> Party was responsible for the preparation of this Deed or that provision.

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---
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2.1.	In<br> consideration of Ringgit Malaysia Ten (RM10.00) paid to the Assignor by the Assignees (the<br> receipt of which the Assignor hereby acknowledges), the Assignor hereby assigns, transfers<br> and conveys its right and entitlement to receive the Consideration Shares in favour of the<br> Assignees.
2.2.	The<br> Assignor hereby agrees and undertakes that it shall irrevocably authorise and instruct the<br> Issuer to allot and issue the Consideration Shares directly to the Assignees. The number<br> of Consideration Shares to be allotted and issued to each of the Assignees are as specified<br> against each of the Assignees’ names in Schedule 1 of this Deed. Such authorisation<br> and instruction shall be done by way of serving a notice of assignment substantially in the<br> same form and content as set out in Appendix A to this Deed.
2.3.	For<br> the avoidance of doubt, all of the existing terms in the Software Purchase Agreement shall<br> not be affected by this Deed and shall remain in full force and effect until the expiry or<br> termination of the Software Purchase Agreement.
3.	NOTICES
3.1.	All<br> notices, demands or other communications required or permitted to be given or made hereunder<br> shall be in writing and in English and delivered personally or sent by prepaid registered<br> post with recorded delivery, or by courier or email addressed to the intended recipient thereof<br> at its address or at its email address set out hereunder (or to such other address or email<br> address as a Party to this Deed may from time to time duly notify the other Parties). Any<br> such notice, demand or communication shall be deemed to have been duly served (if delivered<br> personally or given or made by email) immediately or (if given or made by registered post<br> or courier) forty-eight (48) hours after posting, and in proving the same it shall be sufficient<br> to show that personal delivery was made or that the envelope containing such notice was properly<br> addressed as a prepaid registered letter or that the email was properly addressed and sent.
3.2.	The<br> addresses and email addresses of the Parties for the purposes of Clause 3.1 are as<br> follows:
3.2.1.	in<br> the case of service on the Assignor to:
---	---
Address	:	42A,<br> Jalan Kaskas 2, Taman Cheras, 56100 Kuala Lumpur, Wilayah Persekutuan, Malaysia
---	---	---
Email<br> Address	:	alvinlyl@globalclearing-solutions.com
Attention<br> to	:	Mr.<br> Alvin Lum Yew Loong
3.2.2.	in<br> the case of service on the Assignees to:
---	---
Address	:	*
---	---	---
Email<br> Address	:
Attention<br> to	:	Mr.<br> Alvin Lum Yew Loong *

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| --- | | Address | : | * | | --- | --- | --- | | Email<br> Address | : | * | | Attention<br> to | : | Mr.<br> Chng Yong Sheng | | Address | : | * | | --- | --- | --- | | Email<br> Address | : | * | | Attention<br> to | : | Mr.<br> Ho Kok Wai | | Address | : | * | | --- | --- | --- | | Email<br> Address | : | * | | Attention<br> to | : | Ms.<br> Yap Pei Yee | | 3.3. | In<br> this Clause 3, if deemed receipt occurs before 9am on a Business Day, the notice shall<br> be deemed to have been received at 9am on that day, and if deemed receipt occurs after 5pm<br> on a Business Day, or on a day which is not a Business Day, the notice shall be deemed to<br> have been received at 9am on the next Business Day. | | --- | --- | | 3.4. | Any<br> Party may change the address to which such notices to it are to be delivered by giving not<br> less than three (3) Business Days’ notice to the other Parties. | | 4. | MISCELLANEOUS | | 4.1. | The<br> Purchaser shall pay all costs and expenses incurred in connection with the preparation, negotiation<br> or entry into this Deed. | | 4.2. | Each<br> Party shall do or cause to be done all such acts and things and execute or cause to be executed<br> all such instruments and other documents as may be necessary to give full effect to the provisions<br> contained in this Deed and the transactions contemplated under this Deed. | | 4.3. | No<br> amendment, variation, revocation, cancellation, substitution or waiver of, or addition or<br> supplement to, any of the provisions of this Deed will be effective unless it is in writing<br> and signed by all the Parties. | | --- | --- | | 4.4. | If<br> any provision of this Deed or part thereof is rendered void, illegal or unenforceable in<br> any respect under the law, the validity, legality and enforceability of the remaining provisions<br> or part of the provision (as the case may be) shall not in any way be affected or impaired<br> thereby. | | 4.5. | None<br> of the Parties shall assign all or any of its rights, interests or benefits or transfer all<br> or any of its obligations under this Deed except with the prior written approval of the other<br> Parties. | | 4.6. | This<br> Deed shall be binding upon and enure for the benefit of the respective successors-in-title<br> and permitted assigns of the Parties. | | 4.7. | This<br> Deed shall be governed by and construed in accordance with the laws of Malaysia and the Parties<br> hereto irrevocably submit to the exclusive jurisdiction of the Malaysia courts for the purpose<br> of resolving any disputes arising from this Deed. | | 4.8. | This<br> Deed may be entered into in any number of counterparts, all of which taken together and when<br> delivered to the Parties shall constitute one and the same instrument. The Parties may enter<br> into this Deed by executing any such counterpart. | | 4.9. | This<br> Deed, may be accepted, executed or agreed to through the use of an electronic signature,<br> whether digital or encrypted, in accordance with the applicable laws. Any document accepted,<br> executed or agreed to in conformity with such law will be binding on each Party and shall<br> have the same legal effect, validity or enforceability as if it were physically executed. |

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SCHEDULE1

TheAssignees

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No.	Name of Assignee	Passport No.	Number of<br> <br>Consideration Shares
1.	Alvin Lum Yew Loong	*		12,500,000
2.	Chng Yong Sheng	*		12,500,000
3.	Ho Kok Wai	*		12,500,000
4.	Yap Pei Yee	*		12,500,000

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APPENDIXA

Noticeof Assignment

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GLOBALCLEARING SOLUTIONS LIMITED

42A, Jalan Kaskas 2

Taman Cheras

56100 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Date:

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STARBOXGROUP HOLDINGS LTD.

VO2-03-07, Velocity Office 2

Lingkaran SV, Sunway Velocity

55100 Kuala Lumpur

Malaysia

IRACETECHNOLOGY LIMITED

VO2-03-07, Velocity Office 2

Lingkaran SV, Sunway Velocity

55100 Kuala Lumpur

Malaysia

Dear Sirs,

RE:SOFTWARE PURCHASE AGREEMENT DATED                      2024

We refer to the following documents:

(i)	Software<br> purchase agreement dated            2024 (“Agreement”) entered into<br> between Global Clearing Solutions Limited (Registration No. 237070) (“Assignor”), Irace Technology Limited<br> (Registration No. 2131768) and Starbox Group Holdings Ltd. (Registration No. 381005); and
(ii)	Deed<br> of Assignment dated            2024 (“Deed”) entered into<br> between Assignor and the persons named in Schedule 1 of the Deed (the “Assignees”).

The aforementioned documents are appended hereto for your reference. Unless otherwise defined herein, capitalised terms used in this notice shall have the same meanings given to them in the Agreement and the Deed.

We write to notify that, pursuant to the Deed, we have assigned, transferred and conveyed our right and entitlement to receive the Consideration Shares in favour of the Assignees.

Accordingly, we hereby authorise and instruct you to allot and issue the Consideration Shares directly to the Assignees. The number of Consideration Shares to be allotted and issued to each of the Assignees are as specified against each of the Assignees’ names in Schedule 1 of the Deed. Upon your issuance of the Consideration Shares to the Assignees, we agree and acknowledge that your payment obligation in respect of the Purchase Consideration under the Agreement shall be fully satisfied and discharged.

Yours faithfully,

For<br> and on behalf of
Global Clearing Solutions Limited
Name:
Designation:

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ACCEPTANCE

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We, STARBOX GROUP HOLDINGS LTD. (Registration No. 381005), hereby acknowledge the receipt of the notice and agree to the terms and conditions as stated in the notice above.

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Signed<br> by
For<br> and on behalf of
STARBOX GROUP HOLDINGS LTD.
Name:
Designation:
Date:

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We, IRACE TECHNOLOGY LIMITED (Registration No. 2131768), hereby acknowledge the receipt of the notice and agree to the terms and conditions as stated in the notice above.

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Signed<br> by
For<br> and on behalf of
IRACE TECHNOLOGY LIMITED
Name:
Designation:
Date:

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APPENDIXTO NOTICE OF ASSIGNMENT

SoftwarePurchase Agreement and Deed of Assignment

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This Deed has been entered into on the date stated at the beginning.

TheAssignor

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Signed<br><br> <br>for<br> and on behalf of<br><br> <br>GLOBAL CLEARING SOLUTIONS LIMITED (Registration No. 237070)	/s/ Alvin Lum Yew Loong
	Name:<br> Alvin Lum Yew Loong
	Designation:<br> Director

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TheAssignees

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Signed<br> by<br><br> <br>ALVIN LUM YEW LOONG	/s/ ALVIN LUM YEW LOONG
Signed<br> by<br><br> <br><br><br> <br>CHNG YONG SHENG	/s/ CHNG YONG SHEN
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Signed<br> by<br><br> <br>HO KOK WAI	/s/ HO KOK WAI
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Signed<br> by<br><br> <br><br><br> <br>YAP PEI YEE	<br><br> <br>/s/ YAP PEI YEE**
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Exhibit 10.3