Company: LHI
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006939
Chunk: 177

Company: Living Homeopathy International Ltd.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 177
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198,938
amount due to shareholder. Mr. To’s use of the properties was significant benefit provided by the Company to retain the talents
of Mr. To, the Company’s principal executive officer. The transfer of the properties to Mr. To was to separate the properties from
the Company’s core business as a homeopathy service provider. In addition, the Company paid the stamp duty of $160,755 for the
transfer of ownership of the abovementioned immovable properties, on behalf of Mr. To, which resulted in a corresponding reduction to
the outstanding amount due to shareholder. The above transactions resulted in a net increase of $38,183 of in the amount due to shareholder.

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DESCRIPTION OF SHARE CAPITAL</div>

We are a Cayman Islands exempted company incorporated with limited liability and our affairs are governed by our Amended and Restated Memorandum and Articles of Association, as amended and restated from time to time, and the Companies Act (As Revised) of the Cayman Islands, which is referred to as the Companies Act below, and the common law of the Cayman Islands.

As of the date of the prospectus, the authorized share capital of the Company is $50,000, divided into 450,000,000 Class A Ordinary Shares, with a par value of $0.0001 each and 50,000,000 Class B Ordinary Shares, with a par value of $0.0001 each. As of the date of the prospectus, [●] Class A Ordinary Shares and [●] Class B Ordinary Shares, were issued and outstanding. All of our issued and outstanding Class A Ordinary Shares and Class B Ordinary Shares are fully paid. Immediately upon the completion of the offering assuming no exercise of the over-allotment option by the underwriters, there will be [●] Class A Ordinary Shares (which will be [●] Class A Ordinary Shares assuming the full exercise of the over-allotment option) and [●] Class B Ordinary Shares issued and outstanding.

As of the date of the prospectus, we have not granted any options to purchase our Ordinary Shares.

Our Amended and Restated Memorandum and Articles of Association

The following are summaries of material provisions of our Amended and Restated Memorandum and Articles of Association and of the Companies Act, insofar as they relate to the material terms of our Class A Ordinary Shares. The summaries do not purport to be complete and are qualified in their entirety by reference to our