Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 142

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 142
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 to members to elect to receive such dividend in cash in lieu of such allotment.

Any
dividend, bonus or other sum payable in cash to the holder of shares may be paid by cheque or warrant sent through the post. Every such
cheque or warrant shall be made payable to the order of the person to whom it is sent and shall be sent at the holder’s or joint
holders’ risk and payment of the cheque or warrant by the bank on which it is drawn shall constitute a good discharge to our Company.
Any one of two or more joint holders may give effectual receipts for any dividends or other monies payable or property distributable
in respect of the shares held by such joint holders.

Whenever
our Board of Directors or our Company in general meeting has resolved that a dividend be paid or declared, our Board of Directors may
further resolve that such dividend be satisfied wholly or in part by the distribution of specific assets of any kind.

Our
Board of Directors may, if it thinks fit, receive from any member willing to advance the same, and either in money or money’s worth,
all or any part of the money uncalled and unpaid or installments payable upon any shares held by him/her/it, and in respect of all or
any of the monies so advanced may pay interest at such rate (if any) not exceeding 20% per annum, as our Board of Directors may decide,
but a payment in advance of a call shall not entitle the member to receive any dividend or to exercise any other rights or privileges
as a member in respect of the share or the due portion of the shares upon which payment has been advanced by such member before it is
called up.

All
dividends, bonuses or other distributions unclaimed for one year after having been declared may be invested or otherwise used by our
Board of Directors for the benefit of our Company until claimed and our Company shall not be constituted a trustee in respect thereof.
All dividends, bonuses or other distributions unclaimed for six years after having been declared may be forfeited by our Board of Directors
and, upon such forfeiture, shall revert to our Company.

No
dividend or other monies payable by our Company on or in respect of any share shall bear interest against our Company.

Our
Company may exercise the power to cease sending checks for dividend entitlements or dividend warrants by post if such checks or warrants
remain uncashed on two consecutive occasions or after the first occasion on which such a check or warrant is returned undel