Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 170

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 170
---
 convening of the Company’s annual general meeting and other general meetings unless such notice is waived in accordance
with its articles of association.

Any resolution to be passed
at a meeting by the shareholders requires the affirmative vote of a simple majority of the votes attaching to the shares cast by those
shareholders entitled to vote who are present in person or by proxy at a general meeting.

Conversion

Subject to any applicable
adjustment pursuant to the Memorandum and Articles of Association, each Class B Ordinary Share is convertible into one (1) Class A Ordinary
Share at any time at the option of the holder thereof. The right to convert shall be exercisable by the holder of the Class B Ordinary
Share delivering a written notice to the Company that such holder elects to convert a specified number of Class B Ordinary Shares into
Class A Ordinary Shares. In no event shall Class A Ordinary Shares be convertible into Class B Ordinary Shares.

Liquidation.

As permitted by the BVI Act
and the Memorandum and Articles of Association, the Company may be voluntarily liquidated under Part XII of the BVI Act by resolution
of directors and resolution of shareholders if the Company’s assets exceed the Company’s liabilities and the Company is able
to pay the Company’s debts as they fall due. The Company may also be wound up in circumstances where the Company is insolvent in
accordance with the terms of the BVI Insolvency Act (As Revised).

If the Company is wound up
and the assets available for distribution among the Company’s shareholders are more than sufficient to repay all amounts paid to
the Company on account of the issue of shares immediately prior to the winding up, the excess shall be distributable pari passu among
those shareholders in proportion to the amount paid up immediately prior to the winding up on the shares held by them, respectively. If
the Company is wound up and the assets available for distribution among the shareholders as such are insufficient to repay the whole of
the amounts paid to the Company on account of the issue of shares, those assets shall be distributed so that, to the greatest extent possible,
the losses shall be borne by the shareholders in proportion to the amounts paid up immediately prior to the winding up on the shares held
by them, respectively. If the Company is wound up, the liquidator appointed by the Company may, in accordance with the BVI Act, divide
among the Company’s shareholders in specie or kind the whole or any part of the Company’s assets (whether they shall consist
of property of the