Company: FSTWF
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044386
Chunk: 119

Company: FST Corp.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 119
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 other evidence as our board of directors may reasonably require to show the right of the transferor to make the transfer;               
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  the                                                                         

  the                                                       

  in                                                                                                                                    

  a                                                                                                                                       
  fee of such maximum sum as the designated stock exchange may determine to be payable, or such lesser sum as our board of directors may  
  from time to time require is paid to our company in respect thereof.                                                                    
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The
registration of transfers may, after compliance with any notice required of the designated stock exchange, be suspended and the register
of members closed at such times and for such periods as our board of directors may in their absolute discretion from time to time determine,
provided always that the registration of transfers shall not be suspended nor the register closed for more than thirty (30) calendar days
in any calendar year.

If
our directors refuse to register a transfer, they shall, within two calendar months after the date on which the instrument of transfer
was lodged, send to each of the transferor and the transferee notice of such refusal.

Calls
on Shares and Forfeiture of Shares

Our
board of directors may from time to time make calls upon shareholders for any amounts due and payable but unpaid on the ordinary shares.
Any ordinary shares that have been called upon and remain unpaid are, after a notice period, subject to forfeiture.

Redemption
and Repurchase of Shares

Subject
to the provisions of the Cayman Companies Act, we may issue shares that are to be redeemed or are liable to be redeemed at the option
of the shareholder or our company. The redemption of such shares will be effected in such manner and upon such other terms as our directors
determine before the issue of the shares, by the board. We may also purchase our shares (including any redeemable shares) on such terms
and in such manner and terms have been approved by the board or are otherwise authorized by our amended and restated memorandum and articles
of association and make a payment in respect of the redemption or purchase of our shares in any manner permitted by the applicable law,
including out of capital.

Liquidation

On
a return of capital on winding up or otherwise (other than on conversion, redemption or purchase of shares), if the assets available
for distribution amongst our shareholders shall be more than sufficient to repay the