Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 135

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 135
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 the shareholders requires the affirmative vote of a simple majority of the votes attaching to the ordinary
shares cast at a meeting, while a special resolution requires the affirmative vote of no less than two-thirds of the votes cast attaching
to the issued and outstanding ordinary shares at a meeting. A special resolution will be required for important matters such as a change
of name, making changes to our Memorandum and Articles, a reduction of our share capital and the winding up of our company. Our shareholders
may, among other things, divide or combine their shares by ordinary resolution.

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  Table of Contents  

General Meetings
of Shareholders. As a Cayman Islands exempted company, we are not obliged by the Companies Act to call shareholders’ annual
general meetings. Our Memorandum and Articles provide that we shall, if required by the Companies Act, in each year hold a general meeting
as its annual general meeting, and shall specify the meeting as such in the notices calling it, and the annual general meeting shall
be held at such time and place as may be determined by our directors. General meetings, including annual general meetings, may be held
at such times and in any location in the world as may be determined by the Board. A general meeting or any class meeting may also be
held by means of such telephone, electronic or other communication facilities as to permit all persons participating in the meeting to
communicate with each other, and participation in such a meeting constitutes presence at such meeting.

Shareholders’
general meetings may be convened by the chairperson of our board of directors or by a majority of our board of directors. Advance notice
of at least ten clear days is required for the convening of our annual general shareholders’ meeting (if any) and any other general
meeting of our shareholders. A quorum required for any general meeting of shareholders consists of, at the time when the meeting proceeds
to business, two shareholders holding shares which carry in aggregate (or representing by proxy) not less than one-third of all votes
attaching to issued and outstanding shares in our company entitled to vote at such general meeting.

The Companies Act
does not provide shareholders with any right to requisition a general meeting or to put any proposal before a general meeting. Our Memorandum
and Articles also do not provide our shareholders with any right to requisite any general meeting nor to put any proposals before annual
general meetings or extraordinary general meetings not called by such shareholders.

Transfer of Ordinary
Shares. Subject to the restrictions set out below