Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 206

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 10
Chunk 206
---
 register any transfer of any ordinary share which is not fully paid up or on which we have
a lien. Our board of directors may also decline to register any transfer of any ordinary share unless:

  the instrument of transfer is lodged with us, accompanied by the certificate                                                      
  for the ordinary shares to which it relates and such other evidence as our board of directors may reasonably require to show the  
  right of the transferor to make the transfer;                                                                                     
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  the instrument of transfer is in respect of only one class of ordinary                                                            
  the instrument of transfer is properly stamped, if required;                                                                      

  in the case of a transfer to joint holders, the number of joint holders                              
  a fee of such maximum sum as the Nasdaq may determine to be payable                                  

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

The registration of
transfers may, after compliance with any notice required in accordance with the rules of the Nasdaq, be suspended and the register 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 closed for more than 30 days in any year as our board may determine.

Liquidation.
On the winding up of our company, if the assets available for distribution amongst our shareholders shall be more than sufficient to
repay the whole of the share capital at the commencement of the winding up, the surplus shall be distributed amongst our shareholders
in proportion to the par value of the shares held by them at the commencement of the winding up, subject to a deduction from those shares
in respect of which there are monies due, of all monies payable to our company for unpaid calls or otherwise. If our assets available
for distribution are insufficient to repay all of the paid-up capital, such assets will be distributed so that, as nearly as may be,
the losses are borne by our shareholders in proportion to the par value of the shares held by them.

Calls on Shares
and Forfeiture of Shares. Our board of directors may from time to time make calls upon shareholders for any amounts unpaid on their
shares in a notice served to such shareholders at least 14 days prior to the specified time