Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 140

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 10
Chunk 140
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 transfer Ordinary Shares to another person by completing an instrument of transfer in a common form or in a form prescribed
by the exchange or in any other form approved by the directors, executed:

  where the Ordinary Shares are                         

  where the Ordinary Shares are                                         

The transferor shall be deemed
to remain the holder of an Ordinary Share until the name of the transferee is entered into our register of members.

Where the Ordinary Shares
in question are not listed or subject to the rules of the exchange, the board of directors may in its absolute discretion, decline to
register any transfer of any Ordinary Share that has not been fully paid up or is subject to a company lien. The board of directors may
also decline to register any transfer of any Ordinary Shares unless:

  the instrument of transfer                                                                                                             
  is lodged with us, accompanied by the certificate (if any) for the Ordinary Shares to which it relates and such other evidence as the  
  board of directors may reasonably require to show the right of the transferor to make the transfer;                                    
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  the instrument of transfer                           

  the instrument of transfer         

  the Ordinary Shares transferred                                                          

  in the case of a transfer to                                                                                          

  any applicable fee of such                                                                                                            
  maximum sum as the exchange may determine to be payable or such lesser sum as the directors may from time to time require is paid to  
  us in respect thereof.                                                                                                                
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

If our directors refuse to
register a transfer, they shall, within three calendar months after the date on which the instrument of transfer was lodged with us,
send to each of the transferor and the transferee notice of such refusal.

The registration of transfers
may, after compliance with any notice required of the exchange and on 14 Clear Days (as defined under the A& R MAA)’ notice
being given by advertisement in such one or more newspapers or by electronic means, be suspended and the register of members closed at
such times and for such periods as our board of directors may from time to time determine, provided, however, that the registration of
transfers shall not be suspended nor the register of members closed for more than 30 Clear Days in any year.

Liquidation

If the we are wound up, the
shareholders may, subject to the A& R M