Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 68

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 68
---
inary Shares. Our Ordinary Shares are issued in registered form and are issued when registered in our register of members. We may not issue shares to bearer. Our shareholders who are non-residents of the Cayman Islands may freely hold and vote their shares.

Dividends. The holders of our Ordinary Shares are entitled to such dividends as may be declared by our board of directors. Our Memorandum and Articles provide that dividends may be declared and paid out of the funds of our Company lawfully available therefor. Under the laws of the Cayman Islands, our Company may pay a dividend out of either profit or share premium account; provided that in no circumstances may a dividend be paid out of our share premium if this would result in our Company being unable to pay its debts as they fall due in the ordinary course of business.

Voting Rights. Voting at any meeting of shareholders is by show of hands unless a poll is demanded. A poll may be demanded by:

| ● | the                                                                                                                                   
 chairperson of such meeting;                                                                                                          |
| ● | by                                                                                                                                    
 at least three shareholders present in person or by proxy for the time being entitled to vote at the meeting;                         |
| ● | by                                                                                                                                    
 shareholder(s) present in person or by proxy representing not less than one-tenth of the total voting rights of all shareholders      
 having the right to vote at the meeting; and                                                                                          |
| ● | by                                                                                                                                    
 shareholder(s) present in person or by proxy and holding shares in us conferring a right to vote at the meeting being shares on which 
 an aggregate sum has been paid up equal to not less than one-tenth of the total sum paid up on all shares conferring that right.      |

An ordinary resolution to be passed at a meeting by the shareholders requires the affirmative vote of a simple majority of the votes attaching to the Ordinary Shares cast at a meeting, while a special resolution requires the affirmative vote of no less than two-thirds of the votes cast attaching to the issued and outstanding Ordinary Shares at a meeting. A special resolution will be required for important matters such as a change of name, making changes to our Memorandum and Articles, a reduction of our share capital and the winding up of our company. Our shareholders may, among other things, divide or combine their shares by ordinary resolution.

| 38 |

General Meetings of Shareholders. As a Cayman Islands exempted company, we are not obliged by the Companies Act to call shareholders’ annual general meetings. Our Memorandum and Articles provide that we shall, if required