Company: ILAG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001641172-25-006445
Chunk: 136

Company: Intelligent Living Application Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 136
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 ordinary share unless:

  the instrument of transfer is lodged with us, accompanied by the certificate for the ordinary shares to which it relates and such other evidence as our BOD may reasonably require to show the ri...  
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  the instrument of transfer is in respect of only one class of shares;                                                                                                                                 
  the instrument of transfer is properly stamped, if required;                                                                                                                                          

  82  

  in the case of a transfer to joint holders, the number of joint holders to whom the share is to be transferred does not exceed four; and                                                
  a fee of such maximum sum as the Nasdaq Capital Market may determine to be payable or such lesser sum as our directors may from time to time require is paid to us in respect thereof.  

If our directors refuse to register a transfer, they
shall, within three months after the date on which the instrument of transfer was lodged, send to each of the transferor and the transferee
notice of such refusal.

The registration of transfers may, on ten calendar
days’ notice being given by advertisement in such one or more newspapers, by electronic means or by any other means in accordance
with the Nasdaq Rules, be suspended and the register closed at such times and for such periods as our board of directors may, in their
absolute discretion, from time to time determine, provided, however, that the registration of transfers shall not be suspended nor the
register closed for more than 30 calendar days in any calendar year.

Inspection of Books and Records. Holders of
our ordinary shares have no general right under Cayman Islands law to inspect or obtain copies of our list of shareholders or our corporate
records (other than the memorandum and articles of association, the register of mortgages and charges, and copies of any special resolutions
passed by our shareholders). However, we will provide our shareholders with annual audited financial statements.

General Meeting of Shareholders. Shareholders’
meetings may be convened by a majority of our board of directors or our chairman. Advance notice of not less than ten clear days is required
for the convening of our annual general shareholders’ meeting and any other general meeting of our shareholders. A quorum required
for and throughout a meeting of shareholders consists of at least two shareholders entitled to vote and present in person or by proxy
or (in the case of a shareholder being a corporation) by its duly