Company: KMRK
Filing Date: 2025-09-24
Form Type: 424B3
Source: 0001213900-25-091102
Chunk: 99

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-09-24
Form: 424B3
Chunk 99
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 companies into one of the constituent
companies and a consolidation means the uniting of two or more constituent companies into a new company. In order to merge or consolidate,
the directors of each constituent company must approve a written plan of merger or consolidation, which must be authorized by a resolution
of shareholders.

While a director
may vote on the plan of merger or consolidation even if he has a financial interest in the plan, the interested director must disclose
the interest to all other directors of the company promptly upon becoming aware of the fact that he is interested in a transaction entered
into or to be entered into by the company.

A transaction entered
into by our Company in respect of which a director is interested (including a merger or consolidation) is voidable by us unless the director’s
interest was (a) disclosed to the Board prior to the transaction or (b) the transaction is (i) between the director
and the company and (ii) the transaction is in the ordinary course of the company’s business and on usual terms and conditions.

Notwithstanding
the above, a transaction entered into by our Company is not voidable if the material facts of the interest are known to the shareholders
and they approve or ratify it or the company received fair value for the transaction.

In any event, all
shareholders must be given a copy of the plan of merger or consolidation irrespective of whether they are entitled to vote at the meeting
to approve the plan of merger or consolidation.

The shareholders
of the constituent companies are not required to receive shares of the surviving or consolidated company but may receive debt obligations
or other securities of the surviving or consolidated company, other assets, or a combination thereof. Further, some or all of the shares
of a class or series may be converted into a kind of asset while the other shares of the same class or series may receive a different
kind of asset. As such, not all the shares of a class or series must receive the same kind of consideration.

After the plan of
merger or consolidation has been approved by the directors and authorized by a resolution of the shareholders, articles of merger or consolidation
are executed by each company and filed with the Registry of Corporate Affairs in the BVI.

A shareholder may
dissent from a mandatory redemption of his or her shares, an arrangement (if permitted by the court), a merger (unless the shareholder
was a shareholder of the surviving company prior to the merger and continues to hold the same or similar shares after the merger) or a
consolid