Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 20

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 20
---
 to protect your rights through U. S. courts may be limited.

We are incorporated under the laws of the BVI. We conduct our
operations outside the U. S. and substantially all of our assets are located outside the U. S. In addition, substantially all
of our directors and executive officers named in this Annual Report reside outside the U. S., and most of their assets are located outside
the U. S. As a result, it may be difficult for investors to effect service of process within the U. S. upon our directors or officers
or to enforce judgments obtained in the U. S. courts against our directors and officers.

Our corporate affairs are governed
by our Memorandum and Articles of Association, the BCA and the common law of the BVI. The rights of shareholders to take action against
our directors, actions by our minority shareholders and the fiduciary duties of our directors to us under the BVI laws are to a large
extent governed by the BCA and the common law of the BVI. The common law of the BVI is derived in part from comparatively limited
judicial precedent in the BVI as well as from the English common law, which has persuasive, but not binding authority, on a court in the
BVI. The rights of our shareholders and the fiduciary duties of our directors under the BVI laws may not be as clearly established
as they would be under statutes or judicial precedent in some jurisdictions in the U. S. In particular, the BVI has a less developed
body of securities laws than the U. S. In addition, BVI companies may not have standing to initiate a shareholder derivative action
in a federal court of the U. S.

Shareholders of a BVI business
company like us could, however, bring a derivative action in the BVI courts, and there is a clear statutory right to commence such derivative
claims under Section 184C of the BCA. The circumstances in which any such action may be brought, and the procedures and defenses
that may be available in respect to any such action, may result in the rights of shareholders of a BVI business company being more limited
than those of shareholders of a company organized in the U. S. Accordingly, shareholders may have fewer alternatives available to
them if they believe that corporate wrongdoing has occurred. The BVI courts are also unlikely to recognize or enforce against us judgments
of courts in the U. S. based on certain liability provisions of U.