Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 74

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 74
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 provisions of our Memorandum and Articles of Association may discourage, delay or prevent a change of control of our Company or management that shareholders may consider favorable, including provisions that:

| ● | authorize                                                                                                                        
 our board of directors to issue preferred or other shares in one or more series and to designate the price, rights, preferences, 
 voting powers, privileges and restrictions of such shares without any further vote or action by our shareholders; and            |

| ● | limit                                                                                    
 the ability of shareholders to requisition and convene general meetings of shareholders. |

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However, under Cayman Islands law, our directors may only exercise the rights and powers granted to them under our Memorandum and Articles for a proper purpose and for what they believe in good faith to be in the best interests of our Company.

Exempted Company.We are an exempted company with limited liability under the Companies Act. The Companies Act distinguishes between ordinary resident companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business mainly outside of the Cayman Islands may apply to be registered as an exempted company. The requirements for an exempted company are essentially the same as for an ordinary company except that an exempted company:

| ● | does not                                                                           
 have to file an annual return of its shareholders with the Registrar of Companies; |

| ● | is not                                                   
 required to open its register of members for inspection; |

| ● | does not                                
 have to hold an annual general meeting; |

| ● | may issue                                                
 negotiable or bearer shares or shares with no par value; |

| ● | may obtain                                                                                                                  
 an undertaking against the imposition of any future taxation (such undertakings are usually given for 20 years in the first 
 instance);                                                                                                                  |

| ● | may register                                                                              
 by way of continuation in another jurisdiction and be deregistered in the Cayman Islands; |

| ● | may register                                 
 as an exempted limited duration company; and |

| ● | may register                       
 as a segregated portfolio company. |

“Limited liability” means that the liability of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

Differences in Corporate Law

The Companies Act is derived, to a large extent, from the