Company: WCT
Filing Date: 2025-10-07
Form Type: DRS
Source: 0001213900-25-096917
Chunk: 97

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-10-07
Form: DRS
Chunk 97
---
 meeting;                                                    |

| ● | an exempted company may obtain an undertaking against the 
 imposition of any future taxation;                        |

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

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

| ● | an exempted company 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 the 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 modeled after that of England
and Wales but does not follow recent statutory enactments in England. In addition, the Companies Act differs from laws applicable to United States
corporations and their shareholders. Set forth below is a summary of the significant differences between the provisions of the Companies
Act applicable to us and the laws applicable to companies incorporated in the State of Delaware.

This discussion does not purport to be a complete
statement of the rights of holders of our Class A Ordinary Shares under applicable law in the Cayman Islands or the rights of holders
of the common stock of a typical corporation under applicable Delaware law.

Mergers and Similar Arrangements

The Companies Act permits mergers and consolidations
between Cayman Islands companies and between Cayman Islands companies and non-Cayman Islands companies. For these purposes, (a) “merger”
means the merging of two or more constituent companies and the vesting of their undertaking, property and liabilities in one of such companies
as the surviving company, and (b) a “consolidation” means the combination of two or more constituent companies into a
consolidated company and the vesting of the undertaking, property and liabilities of such companies to the consolidated company. In order
to effect such a merger or consolidation, the directors of each constituent company must approve a written plan of merger or consolidation,
which must then be authorized by (a) a special resolution of the shareholders of each constituent company, and (b) such other
authorization, if any, as may be specified in such constituent company’s articles of association. The plan must be filed with the
Registrar of Companies of the Cay