Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 85

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 85
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 do not carry any
dividend or distribution rights. The Subscription was closed on August 27, 2025.

On September 12, 2025,
the EGM was held at which resolutions were passed by the shareholders of the Company to, among other things, (i) increase our
authorized share capital from $2,000,000 divided into 10,000,000 shares of $0.20 par value each to $100,000,000 divided into
500,000,000 shares of $0.20 par value each and (ii) adopt the Memorandum and Articles with immediate effect.

<div align='center'>35

DESCRIPTION OF PREFERRED SHARES</div>

General

We may issue preferred shares,
which are issuable in series, none of which are issued and outstanding as of the date hereof. Each series of preferred shares shall consist
of such number of shares and have such designation, rights, privileges, restrictions and conditions as may be determined by our board
of directors prior to the issuance thereof.

Term

The particular terms of each issue or series of preferred shares will be described in the related prospectus supplement. This description will include, where applicable, a description of:

| ● | the title and nominal value                                                                                                           
 of the preferred shares;                                                                                                              |
| ● | the number of preferred                                                                                                               
 shares we are offering;                                                                                                               |
| ● | the liquidation preference                                                                                                            
 per preferred share, if any;                                                                                                          |
| ● | the issue price per preferred                                                                                                         
 share (or if applicable, the calculation formula of the issue price per preferred share);                                             |
| ● | whether preferential subscription                                                                                                     
 rights will be issued to existing shareholders;                                                                                       |
| ● | the dividend rate per preferred                                                                                                       
 share, dividend period and payment dates and method of calculation for dividends;                                                     |
| ● | whether dividends will                                                                                                                
 be cumulative or non-cumulative and, if cumulative, the date from which dividends will accumulate;                                    |
| ● | our right, if any, to defer                                                                                                           
 payment of dividends and the maximum length of any such deferral period;                                                              |
| ● | the relative ranking and                                                                                                              
 preferences of the preferred shares as to dividend rights (preferred dividend if any) and rights if we liquidate, dissolve or wind    
 up the Company;                                                                                                                       |
| ● | the procedures for any                                                                                                                
 auction and remarketing, if any;                                                                                                      |
| ● | the provisions for redemption