Company: KMRK
Filing Date: 2025-04-07
Form Type: DRS/A
Source: 0001213900-25-029283
Chunk: 139

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-04-07
Form: DRS/A
Chunk 139
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520 | ) |
| Exchange adjustments                                     |     |                 |         69 |   |     |                |     (1,975 | ) |
| Balance at March 31, 2024                                |     | $               |     12,583 |   |     | $              | (2,478,554 | ) |

95 DESCRIPTION OF SHARES We are a business company with limited liability incorporated under the laws of the BVI and our affairs are governed by our Memorandum and Articles of Association, as amended from time to time and the BCA, and the common law of the BVI. The shares authorized to be issued by the Company consist of Class A Shares and Class B Shares. As of the date of this prospectus, the Company is authorized to issue a maximum of [500,000,000] Ordinary Shares with par value of US$[0.0001] per Share divided into [—] Class A Shares and [—] Class B Shares, and had [15,000,000] Class A Shares and [4,500,000] Class B Shares issued and outstanding. We will issue [*] Class A Shares in this offering. Upon completion of this offering, we will have [*] Class A Shares issued and outstanding. All of our Shares issued and outstanding prior to the completion of the offering are fully paid, and all of our Shares to be issued in the offering will be issued as fully paid. Our Amended and Restated Memorandum and Articles of Association The following are summaries of certain material provisions of amended and restated memorandum and articles of association and of the BCA, insofar as they relate to the material terms of our Ordinary Shares. Objects of Our Company.Under our Memorandum and Articles of Association, the objects of our Company are unrestricted, and we are capable of exercising all power and authority to carry out any object not prohibited by the BCA or any other law of the BVI. Ordinary Shares.All of our issued Ordinary Shares are fully paid and non -assessable. Certificates evidencing the Ordinary Shares are issued in registered form. Our shareholders who are non -residentsof the BVI 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 subject to the BCA. Our Memorandum and Articles of Association provide that dividends may be declared and paid out of the funds of our Company lawfully available therefor. Under the laws of the BVI, our Company may