Company: WCT
Filing Date: 2025-10-07
Form Type: DRS
Source: 0001213900-25-096917
Chunk: 128

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-10-07
Form: DRS
Chunk 128
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| (b) | without limitation to paragraph (a), all costs, expenses,                                                                                    
 losses or liabilities incurred by the existing or former director (including alternate director), secretary or officer in defending (whether 
 successfully or otherwise) any civil, criminal, administrative or investigative proceedings (whether threatened, pending or completed)       
 concerning the Company or its affairs in any court or tribunal, whether in the Cayman Islands or elsewhere.                                  |

No such existing or former director (including
alternate director), secretary or officer, however, shall be indemnified in respect of any matter arising out of his own dishonesty.

To the extent permitted by the Companies Act,
our Company may make a payment, or agree to make a payment, whether by way of advance, loan or otherwise, for any legal costs incurred
by an existing or former director (including alternate director), secretary or officer of the Company in respect of any matter identified
in Articles on condition that the director (including alternate director), secretary or officer must repay the amount paid by us to the
extent that we are ultimately found not liable to indemnify the director (including alternate director), secretary or that officer for
those legal costs.

Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, we have
been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is therefore
unenforceable.

ITEM 7. RECENT SALES OF UNREGISTERED SECURITIES.

During the past three years, we have issued
and sold the following securities without registering such securities under the Securities Act. We believe that each of the following
issuances was exempt from registration under the Securities Act pursuant to Section 4(a)(2) of the Securities Act regarding
transactions not involving a public offering or in reliance on Regulation S under the Securities Act regarding sales by an issuer
in offshore transactions. No underwriter was involved in these issuances of securities.

The Company was incorporated under the laws of
the Cayman Islands as a limited company on July 13, 2023. On the date of its incorporation, the Company issued one Ordinary Share
to Mapcal Limited, incorporated in Cayman Islands for a consideration of $1.00. On the same day, Mapcal Limited transferred the one
Ordinary Share of the Company to Mr. Shek Kin Pong for a consideration of $1.00.

On