Company: WCT
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044576
Chunk: 84

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-05-16
Form: 20-F
Item: Item 10
Chunk 84
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 the notice) on or before which the payment required by the notice is to be made, and shall also name the place where
payment is to be made. The notice shall also state that, in the event of non-payment at or before the appointed time, the shares in respect
of which the call was made will be liable to be forfeited.

If the requirements of any such notice are not
complied with, any share in respect of which the notice has been given may at any time thereafter, before the payment required by the
notice has been made, be forfeited by a resolution of our board of directors to that effect.

A person whose shares have been forfeited shall
cease to be a member in respect of the forfeited shares but shall, notwithstanding, remain liable to pay to the Company all moneys which
at the date of forfeiture were payable by him to the Company in respect of the Shares forfeited, but his liability shall cease if and
when the Company receives payment in full of the amount unpaid on the Shares forfeited.

Redemption of Ordinary Shares

Subject to the Companies Act and our Memorandum
and Articles of Association, the Company may:

  (a)      issue shares that are to be redeemed or are liable to be                                                                                 
           redeemed at the option of the shareholder or the Company. The redemption of Shares shall be effected in such manner and upon such terms  
           as may be determined, before the issue of such Shares by either the board or by the shareholders by special resolution;                  
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  (b)      purchase its own shares (including any redeemable Shares)                                                                              

  (c)      make a payment in respect of the redemption or purchase of                              

Variations of Rights of Shares

Subject to the Companies Act and without prejudice
to our Articles of Association, if at any time the share capital of our Company is divided into different classes of shares, all or any
of the special rights attached to any class of shares may (unless otherwise provided for by the terms of issue of the shares of that class)
be varied with the consent in writing of all of the holders of the issued shares of that class or the sanction of a special resolution
passed at a separate general meeting of the holders of the shares of that class. The provisions of the Articles relating to general meetings
shall mutatis mutandis apply to every such separate general meeting, but so that