Company: DTCK
Filing Date: 2025-03-24
Form Type: F-3
Source: 0001683168-25-001820
Chunk: 12

Company: DAVIS COMMODITIES Ltd
Filing Date: 2025-03-24
Form: F-3
Chunk 12
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Transfer, LLC, at 18 Lafayette Place, Woodmere, New York 11598.

Our second amended and restated memorandum and articles of association

We have adopted a second amended and restated
memorandum and articles of association on June 22, 2023. The following are summaries of certain material provisions of our second amended
and restated memorandum and articles of association adopted on June 22, 2023 (collectively referred to below as our “second amended
and restated memorandum and articles of association”) and of the Companies Act, insofar as they relate to the material terms of
our Ordinary Shares.

Objects of Our Company. Under
our second amended and restated memorandum and articles of association, the objects of our Company are unrestricted, and we are capable
of exercising all the functions of a natural person of full capacity irrespective of any question of corporate benefit, as provided by
section 27(2) of the Companies Act.

Ordinary Shares. Our
Ordinary Shares are issued in registered form and are issued when registered in our register of members. We may not issue shares to bearer.
Our shareholders who are non-residents of the Cayman Islands may freely hold and vote their shares.

Dividends. The holders
of our Ordinary Shares are entitled to such dividends as may be declared by our board of directors. Our second amended and restated memorandum
and articles of association provide that dividends may be declared and paid out of the funds of our Company lawfully available therefor.
Under the laws of the Cayman Islands, our Company may pay a dividend out of either profit or share premium account; provided that in no
circumstances may a dividend be paid out of our share premium if this would result in our Company being unable to pay its debts as they
fall due in the ordinary course of business.

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Voting Rights. Voting
at any meeting of shareholders is by way of a poll save that in the case of a physical meeting, the chairman of the meeting may decide
that a vote be on a show of hands unless a poll is demanded by:

| · | at least three shareholders present in person or by proxy or (in the case of a shareholder being a corporation) by its duly authorized representative for the time being entitled to vote at the meeting;                                                                                                                                                          |
| · | shareholder(s) present in person or by proxy or (in the case of a shareholder being a corporation) by its duly authorized representative representing not less than one-tenth of the