Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 138

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 10
Chunk 138
---
 shall be transacted at any general meeting unless a quorum is present when the meeting proceeds to business
and continues to be present until the conclusion of the meeting.

The quorum for a general meeting
shall be two members entitled to vote and present in person (or, in the case of a member being a corporation, by our duly authorized representative)
or by proxy representing not less than one-third (1/3) in nominal value of the total issued voting shares in our Company throughout the
meeting.

Inspection of Books and Records

Our shareholders have no general
right to inspect or obtain copies of the register of members or corporate records of our company. They will, however, have such rights
as may be set out in our Articles of Association.

  84  

Changes in Capital

Subject to the Companies Act,
our shareholders may, by ordinary resolution:

  (a)      increase our share capital by new shares of the amount fixed by that ordinary resolution and with the attached rights, priorities and privileges set out in that ordinary resolution;                 
  (b)      consolidate and divide all or any of our share capital into shares of a larger amount than our existing shares;                                                                                       
  (c)      sub-divide our shares or any of them into our shares of a smaller amount than is fixed by our Company’s Memorandum of Association, so, however, that in the subdivision the proportion between th...  
  (d)      cancel any shares which, at the date of the passing of that ordinary resolution, have not been taken or agreed to be taken by any person and diminish the amount of our share capital by the amou...  
  (e)      convert all or any of our paid-up shares into stock and reconvert that stock into paid-up shares of any denomination.                                                                                 

Subject to the Companies Act and
to any rights for the time being conferred on the shareholders holding a particular class of shares, our shareholders may, by special
resolution, reduce our share capital or any capital redemption reserve in any way.

Memorandum and Articles of Incorporation

We are
an exempted company with limited liability under the Companies Act of the Cayman Islands. The Companies Act in the Cayman Islands distinguishes
between ordinary resident companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business
mainly outside of the Cayman Islands may apply to be registered as an exempted company. The requirements for an exempted company are essentially
the same as for an ordinary company except