Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 41

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 41
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 others from pursuing any change of control transactions that holders of the Class A Ordinary Shares may view as beneficial.

The
Company has adopted a dual class share structure such that the Company’s Ordinary Shares is comprised of Class A Ordinary Shares
and Class B Ordinary Shares. In respect of matters requiring the votes of shareholders, each Class A Ordinary Share is entitled to one
vote and each Class B Ordinary Share is entitled to ten votes. Each Class B Ordinary Share is convertible into one Class A Ordinary Share
at any time by the holder thereof. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances.
Only Class A Ordinary Shares are tradable on the market.

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As
a result of such dual class share structure and the concentration of ownership, holders of Class B Ordinary Shares have substantial influence
over the Company’s business, including decisions regarding mergers, consolidations and the sale of all or substantially all of
the Company’s assets, election of directors and other significant corporate actions. They may take actions that are not in the
best interest of the Company or the Company’s other shareholders. Such dual class arrangement may discourage, delay or prevent
a change in control of the Company, which could deprive the Company’s shareholders of an opportunity to receive a premium for their
shares as part of a sale of the Company and may reduce the price of the Class A Ordinary Shares. This concentrated control will limit
your ability to influence corporate matters and could discourage others from pursuing any potential merger, takeover or other change
of control transactions that holders of Class A Ordinary Shares may view as beneficial.

The
Company’s Amended and Restated memorandum and Articles of Association
contains anti-takeover provisions that could have a material adverse effect on the rights of holders of the Ordinary Shares.

The
Company has adopted an Amended and Restated Memorandum and Articles of Association. The Company’s post-closing memorandum and articles
of association contains provisions to limit the ability of others to acquire control of the Company or cause the Company to engage in
change-of-control transactions. These provisions could have the effect of depriving the Company shareholders of an opportunity to sell
their shares at a premium over prevailing market prices by discouraging third parties from seeking to obtain control of the Company in
a tender offer or similar transaction. For example, the Company’s board of directors has the authority to issue any additional
shares, provided such issuance will not exceed the authorized share capital of the Company, without any approval required from the shareholders.

The