Company: LHI
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046955
Chunk: 51

Company: Living Homeopathy International Ltd.
Filing Date: 2025-05-23
Form: F-1
Chunk 51
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 incorporated in the United States. For a discussion of significant differences between the provisions of the Companies Act and the laws applicable to companies incorporated in the United States and their shareholders, see “ Description of Share Capital — Differences in Corporate Law” on page 114 of this prospectus.

You may be unable to present proposals before annual general meetings or extraordinary general meetings not called by shareholders.

Cayman Islands law provides shareholders with only limited rights to convene a general meeting and does not provide shareholders with any right to put any proposal before a general meeting. However, these rights may be provided in a company’s articles of association. Our Amended and Restated Articles allows our shareholders holding not less than 10 percent of the right to vote to requisite a general meeting of our shareholders, in which case our directors are obliged to call such meeting. Advance notice of at least five days is required for the convening of any of our general meetings. A quorum required for a meeting of shareholders consists of one or more holders holding shares that represent not less than one-third of the outstanding shares in the Company entitled to vote at such general meeting of the Company.

Living Homeopathy may rely on dividends and other distributions on equity paid by its subsidiary to fund any cash and financing requirements it may have, and any limitation on the ability of Living Homeopath’s subsidiaries to make payments to it could have a material adverse effect on Living Homeopathy’s ability to conduct its business.

Living Homeopathy is a holding company incorporated in the Cayman Islands, and it may rely on dividends and other distributions on equity paid by its subsidiary for its cash and financing requirements, including the funds necessary to pay dividends and other cash distributions to Living Homeopathy’s shareholders and service any debt it may incur. If any of Living Homeopathy’s subsidiaries incurs debt on its own behalf in the future, the instruments governing the debt may restrict its ability to pay dividends or make other distributions to Living Homeopathy.

Under the current practice of the Inland
Revenue Department of Hong Kong, no tax is payable in Hong Kong in respect of dividends paid by us. See “Taxation — Hong Kong Profits Taxation”on page 123 of this prospectus. Any limitation on the ability of Living Homeopathy
Hong Kong to pay dividends or make other distributions to Living Homeopathy could materially and adversely limit our ability to grow,
make investments or acquisitions that could be beneficial to Living Homeopathy’s business, pay dividends, or otherwise fund and
conduct its business.

Our directors are not subject to a term of office