Company: DTCK
Filing Date: 2025-03-24
Form Type: F-3
Source: 0001683168-25-001820
Chunk: 14

Company: DAVIS COMMODITIES Ltd
Filing Date: 2025-03-24
Form: F-3
Chunk 14
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 meeting unless a quorum is present
at the commencement of the business. A quorum required for any general meeting of shareholders consists of two shareholders holding shares
which carry in aggregate (or representing by proxy) not less than one-third of all votes attaching to issued and outstanding shares in
our Company entitled to vote throughout such general meeting.

The Companies Act does not provide shareholders with any right to requisition
a general meeting or to put any proposal before a general meeting. However, these rights may be provided in a company’s articles
of association. Our second amended and restated memorandum and articles of association provide that upon the requisition of any one or
more of our shareholders holding shares which carry in aggregate not less than one-third of all votes attaching to the issued and outstanding
shares of our Company entitled to vote at general meetings, our board will convene an extraordinary general meeting and put the resolutions
so requisitioned to a vote at such meeting within two months after the deposit of such requisition. If within twenty-one days of such
deposit, our board fails to proceed to convene such meeting, the requisitionist(s) may do so in the same manner, and all reasonable expenses
incurred by the requisitionist(s) as a result of the failure of our board to convene such meeting shall be reimbursed by the Company.
However, our second amended and restated memorandum and articles of association do not provide our shareholders with any right to put
any proposals before annual general meetings or extraordinary general meetings not called by such shareholders.

| 9 |

Transfer of Ordinary Shares. Subject
to the restrictions set out below, any of our shareholders may transfer all or any of his or her Ordinary Shares by an instrument of transfer
in the usual or common form or in a form prescribed by the relevant stock exchange or any other form approved by our board of directors.
Notwithstanding the foregoing, Ordinary Shares may also be transferred in accordance with the applicable rules and regulations of the
relevant stock exchange.

Our board of directors may, in its absolute discretion,
decline to register any transfer of any Ordinary Share which is not fully paid up or on which we have a lien. Our board of directors may
also decline to register any transfer of any 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 board of directors may reasonably require to show the right of the transferor to make the transfer; |
| ·