Company: WCT
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044576
Chunk: 81

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-05-16
Form: 20-F
Item: Item 10
Chunk 81
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 clearing house (or its nominee(s)) or depositary
(or its nominee(s)), may only appoint one proxy on a show of hand and on a poll, each such proxy is under no obligation to cast
all his votes in the same way. On a poll, a member entitled to more than one vote need not use all his votes or cast all the votes he
does use in the same way.

Transfer of Ordinary Shares

Subject to the Companies Act and our Memorandum
and Articles of Association, all transfers of shares shall be effected by an instrument of transfer in the usual or common form or in
a form prescribed by the Nasdaq or in such other form as our board of directors may approve and may be under hand or, if the transferor
or transferee is a clearing house (or its nominee(s)) or a central depository house (or its nominee(s)), under hand or by machine imprinted
signature, or by such other manner of execution as our board of directors may approve from time to time.

The instrument of transfer of any share shall
be in writing and in any usual or common form or such other form as the directors may, in their absolute discretion, approve and be executed
by or on behalf of the transferor and if in respect of a nil or partly paid up share, or if so required by the directors, shall also be
executed on behalf of the transferee and shall be accompanied by the certificate (if any) of the shares to which it relates and such other
evidence as the directors may reasonably require to show the right of the transferor to make the transfer. The transferor shall be deemed
to remain a shareholder until the name of the transferee is entered in our register of members in respect of the relevant shares.

Our board of directors may, in their absolute
discretion, decline to register a transfer of any share which is not fully paid up or on which our Company has a lien. It may also decline
to register a transfer of any share to more than four joint holders.

Our board of directors may decline to recognize
any instrument of transfer unless:

  (i)      the instrument of transfer is lodged with the Company, accompanied                                                                      
           by the certificate for the shares to which it relates and such other evidence as the board may reasonably require to show the right of  
           the transferor to make the transfer;                                                                                                    
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  (