Company: KNRX
Filing Date: 2025-08-21
Form Type: F-1/A
Source: 0001641172-25-025066
Chunk: 153

Company: KNOREX LTD.
Filing Date: 2025-08-21
Form: F-1/A
Chunk 153
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ering memorandum and articles of association governing the ownership threshold above which shareholder ownership must be disclosed.

Anti-money laundering – Cayman Islands

Under the Cayman Islands laws, in order to comply with legislation or regulations aimed at the prevention of money laundering, we are required to adopt and maintain anti-money laundering procedures and may require subscribers to provide evidence to verify their identity and source of funds. Where permitted, and subject to certain conditions, we may also delegate the maintenance of our anti-money laundering procedures (including the acquisition of due diligence information) to a suitable person.

We reserve the right to request such information as is necessary to verify the identity of a subscriber. In some cases, the directors may be satisfied that no further information is required since an exemption applies under the Anti-Money Laundering Regulations (Revised) of the Cayman Islands, as amended and revised from time to time, or the Regulations. Depending on the circumstances of each application, a detailed verification of identity might not be required where:

| ● | the                                                                                        
 subscriber makes the payment for their investment from an account held in the subscriber’s 
 name at a recognized financial institution; or                                             |

| 82 |

| ● | the                                                                                       
 subscriber is regulated by a recognized regulatory authority and is based or incorporated 
 in, or formed under the law of, a recognized jurisdiction; or                             |

| ● | the                                                                                                
 application is made through an intermediary which is regulated by a recognized regulatory          
 authority and is based in or incorporated in, or formed under the law of a recognized jurisdiction 
 and an assurance is provided in relation to the procedures undertaken on the underlying investors. |

For the purposes of these exceptions, recognition of a financial institution, regulatory authority, or jurisdiction will be determined in accordance with the Regulations by reference to those jurisdictions recognized by the Cayman Islands Monetary Authority as having equivalent anti-money laundering regulations.

In the event of delay or failure on the part of the subscriber in producing any information required for verification purposes, we may refuse to accept the application, in which case any funds received will be returned without interest to the account from which they were originally debited.

We also reserve the right to refuse to make any redemption payment to a shareholder if our directors or officers suspect or are advised that the payment of redemption proceeds to such shareholder might result in a breach of applicable anti-money laundering or other laws or regulations by any person in any relevant jurisdiction, or if such refusal is considered necessary or appropriate to ensure our compliance with any such laws or regulations in any applicable jurisdiction.

If any person resident in