Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 34

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 34
---
, they
may not be able to recover anything to make up for the losses suffered.

Under
the laws of the BVI, the rights of minority shareholders are protected by provisions of the BCA dealing with shareholder remedies and
other remedies available under common law (in tort or contractual remedies). The principal protection under statutory law is that shareholders
may bring an action to enforce the constitutional documents of the company (i. e. the memorandum and articles of association) as shareholders
are entitled to have the affairs of the company conducted in accordance with the BCA and the memorandum and articles of association of
the company. A shareholder may also bring an action under statute if he feels that the affairs of the company have been or will be carried
out in a manner that is unfairly prejudicial or discriminating or oppressive to him. The BCA also provides for certain other protections
for minority shareholders, including in respect of investigation of the company and inspection of the company books and records. There
are also common law rights for the protection of shareholders that may be invoked, largely dependent on English common law, since the
common law of the BVI for business companies is limited.

Certain
corporate governance practices in the BVI, which is our home country, differ significantly from requirements for companies incorporated
in other jurisdictions such as the U. S. To the extent we choose to follow home country practice with respect to corporate governance
matters, our shareholders may be afforded less protection than they otherwise would under rules and regulations applicable to U. S. domestic
issuers.

As
a result of all of the above, our public shareholders may have more difficulty in protecting their interests in the face of actions taken
by management, members of the BOD or Controlling Shareholders than they would as public shareholders of a company incorporated in the
U. S. For a discussion of significant differences between the provisions the Companies Act and the laws applicable to companies incorporated
in the U. S. and their shareholders, please refer to the section titled “ Description of Share Capital - Differences in Corporate
Law” in our registration statement on Form F-1 (File No. 333-280522), as amended, initially filed with the SEC on June
27, 2024.

  18  

Risks
Related to Our Class A Ordinary Shares

The
price of our Class A Ordinary Shares may be volatile, and you may lose all or part of your investment. Such rapid and substantial price
volatility, including any stock run-up,