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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Pursuant to Section 13 or 15(d) of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>The Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Date of Report (Date of earliest event reported):
June 15, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>EFT HOLDINGS, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Exact Name of Registrant as Specified in
its Charter)</P>

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    <TD STYLE="width: 30%; font-weight: bold; text-align: center">Nevada</TD>
    <TD STYLE="width: 5%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 30%; font-weight: bold; text-align: center">000-53730</TD>
    <TD STYLE="width: 5%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 30%; font-weight: bold; text-align: center">20-1211204</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(State or other jurisdiction of incorporation or organization)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">(Commission File Number)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">(I.R.S. Employer Identification No.)</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>17800 Castleton Street</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Suite 300</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>City of Industry, CA 91748<BR>
</B>(Address of principal executive offices, including zip code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(626) 581 3335</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Registrant&rsquo;s telephone number, including
area code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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    <TD STYLE="width: 3%; padding: 0; text-indent: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="width: 97%; padding: 0; text-indent: 0">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="padding: 0; text-indent: 0">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
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    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="padding: 0; text-indent: 0">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
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    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="padding: 0; text-indent: 0">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Section 1&#9;Registrant&rsquo;s Business and Operations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.75in"><B>Item 1.02&#9;Termination
of a Material Definitive Agreement.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On June 15, 2012, EFT Holdings, Inc. (the &ldquo;Company&rdquo;)
received a letter (the &ldquo;Letter&rdquo;) from Meifu Development Co., Ltd. (&ldquo;Meifu&rdquo;), a company incorporated in
the Republic of China (&ldquo;Taiwan&rdquo;), wherein Meifu served notice of a termination (as of that date) of its contracts with
the Company for the purchase of an office building in Taipei, Taiwan (the &ldquo;Taiwan Building&rdquo;) and a purported forfeiture
of the Company&rsquo;s deposit of approximately $17.3 million (the &ldquo;Deposit&rdquo;). The Company is currently considering
how to respond to the Letter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 2, 2011, Jack Qin, as an agent, entered into agreements
with Meifu and TransGlobe Life Insurance Inc. (&ldquo;TransGlobe&rdquo;) to purchase the Taiwan Building, which is under construction
and expected to be completed by the end of 2013. On July 1, 2011 and July 7, 2011, the Company&rsquo;s wholly owned subsidiary
(EFT Investment Co. Ltd. (Taiwan)), as a party to the contract in place of Jack Qin, entered into two sets of agreements with the
sellers of the office building that provided for substantially the same rights and obligations as the original May 2, 2011 agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The total purchase price for the Taiwan Building, which consists
of 14 floors and 144 parking spaces, is approximately $237.9 million. Pursuant to the terms of its agreements with Meifu and TransGlobe,
the Company was obliged to pay the Deposit to Meifu, a separate deposit to Transglobe and to make twelve (12) installments (in
various amounts) until the completion of the building project. The residual payment of approximately $164 million was due at the
time of completion of the building project.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The latest payment to Meifu, in the amount of approximately
$13.4 million purportedly due on January 20, 2012, was suspended by the Company due to, among other things, the failure of Meifu
to comply with certain conditions precedent applicable to the agreements. Meifu has declared in the Letter that its contracts with
the Company for the Taiwan Building have been terminated and that the previously paid Deposit is forfeited. The Company is currently
considering how to respond to the Letter, and will take all steps to protect its rights.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

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    <TD STYLE="width: 55%; text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 45%; text-indent: 0in; font-weight: bold">EFT Holdings, Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">(Registrant)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.25in; text-indent: 0in">Date: &nbsp;June 21, 2012</TD>
    <TD STYLE="padding-top: 0.25in; text-indent: 0in">By:<I><U>/s/ William E. Sluss</U></I></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">William E. Sluss</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Principal Financial and Accounting Officer</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

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{"company-data": {"conformed-name": "EFT Holdings, Inc.", "cik": "0001450973", "assigned-sic": "5990", "irs-number": "770719310", "state-of-incorporation": "NV", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-53730", "film-number": "12918427"}, "business-address": {"street1": "929 RADECK CT", "city": "CITY OF INDUSTRY", "state": "CA", "zip": "91748", "phone": "626 581 0388"}, "mail-address": {"street1": "929 RADECK CT", "city": "CITY OF INDUSTRY", "state": "CA", "zip": "91748"}, "former-company": {"former-conformed-name": "EFT BIOTECH HOLDINGS INC", "date-changed": "20081201"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 15, 2012
EFT HOLDINGS, INC.
(Exact Name of Registrant as Specified in
its Charter)
Nevada
000-53730
20-1211204
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
17800 Castleton Street
Suite 300
City of Industry, CA 91748
(Address of principal executive offices, including zip code)
(626) 581 3335
(Registrant's telephone number, including
area code)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 1	Registrant's Business and Operations
Item 1.02	Termination
of a Material Definitive Agreement.
On June 15, 2012, EFT Holdings, Inc. (the "Company")
received a letter (the "Letter") from Meifu Development Co., Ltd. ("Meifu"), a company incorporated in
the Republic of China ("Taiwan"), wherein Meifu served notice of a termination (as of that date) of its contracts with
the Company for the purchase of an office building in Taipei, Taiwan (the "Taiwan Building") and a purported forfeiture
of the Company's deposit of approximately $17.3 million (the "Deposit"). The Company is currently considering
how to respond to the Letter.
On May 2, 2011, Jack Qin, as an agent, entered into agreements
with Meifu and TransGlobe Life Insurance Inc. ("TransGlobe") to purchase the Taiwan Building, which is under construction
and expected to be completed by the end of 2013. On July 1, 2011 and July 7, 2011, the Company's wholly owned subsidiary
(EFT Investment Co. Ltd. (Taiwan)), as a party to the contract in place of Jack Qin, entered into two sets of agreements with the
sellers of the office building that provided for substantially the same rights and obligations as the original May 2, 2011 agreements.
The total purchase price for the Taiwan Building, which consists
of 14 floors and 144 parking spaces, is approximately $237.9 million. Pursuant to the terms of its agreements with Meifu and TransGlobe,
the Company was obliged to pay the Deposit to Meifu, a separate deposit to Transglobe and to make twelve (12) installments (in
various amounts) until the completion of the building project. The residual payment of approximately $164 million was due at the
time of completion of the building project.
The latest payment to Meifu, in the amount of approximately
$13.4 million purportedly due on January 20, 2012, was suspended by the Company due to, among other things, the failure of Meifu
to comply with certain conditions precedent applicable to the agreements. Meifu has declared in the Letter that its contracts with
the Company for the Taiwan Building have been terminated and that the previously paid Deposit is forfeited. The Company is currently
considering how to respond to the Letter, and will take all steps to protect its rights.
2
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
EFT Holdings, Inc.
(Registrant)
Date:  June 21, 2012
By:
/s/ William E. Sluss
William E. Sluss
Principal Financial and Accounting Officer
3