Company: KNRX
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001493152-25-012564
Chunk: 75

Company: KNOREX LTD.
Filing Date: 2025-09-02
Form: F-1/A
Chunk 75
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; (c) such judgment was not obtained by fraud; (d) the enforcement of the judgment would not be contrary to the public policy of the Cayman Islands; (e) no new admissible evidence relevant to the action is submitted prior to the rendering of the judgment by the courts of the Cayman Islands; and (f) there is due compliance with the correct procedures under the laws of the Cayman Islands. However, the Cayman Islands courts are unlikely to enforce a judgment obtained from U.S. courts under the civil liability provisions of the U.S. federal securities law if such judgment is determined by the courts of the Cayman Islands to give rise to obligations to make payments that are penal or punitive in nature. Because such a determination has not yet been made by a court of the Cayman Islands, it is uncertain whether such civil liability judgments from U.S. courts would be enforceable in the Cayman Islands. A Cayman Islands court may stay enforcement proceedings if concurrent proceedings are being brought elsewhere.

Singapore

We have been advised by RHTLaw
Asia LLP, our legal counsel as to the laws of Singapore that there is uncertainty as to whether judgments of courts in the U.S. based
upon the civil liability provisions of the securities laws of the U.S. or any state or territory of the U.S. will be recognized or enforced
by the Singapore courts, and there is doubt as to whether the Singapore courts will enter judgments in original actions brought in the
Singapore courts based solely on the civil liability provisions of these securities laws. A final and conclusive judgment in the federal
or state courts of the U.S. under which a fixed or ascertainable sum of money is payable may generally be enforced as a debt in the Singapore
courts under the common law if it is established that the Singapore courts have jurisdiction over the judgment debtor. However, the Singapore
courts are unlikely to enforce a foreign judgment if (a) the foreign judgment is inconsistent with a prior local judgment that is binding
on the same parties; (b) the enforcement of the foreign judgment would contravene the public policy of Singapore; (c) the proceedings
in which the foreign judgment was obtained were contrary to principles of natural justice; (d) the foreign judgment was obtained by fraud;
or (e) the enforcement of the foreign judgment amounts to the direct or indirect enforcement of a foreign penal, revenue or other public
law. Further, the process of ascertaining a local judgment would likely be costly and time-consuming.

In particular