Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 205

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 10
Chunk 205
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 and the winding up of our company. Our shareholders
may, among other things, divide or combine their shares by ordinary resolution.

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  Table of Contents  

General Meetings
of Shareholders. As a Cayman Islands exempted company, we are not obliged by the Companies Act to call shareholders’ annual
general meetings. Our Memorandum and Articles provide that we shall, if required by the Companies Act, in each year hold a general meeting
as its annual general meeting, and shall specify the meeting as such in the notices calling it, and the annual general meeting shall
be held at such time and place as may be determined by our directors. General meetings, including annual general meetings, may be held
at such times and in any location in the world as may be determined by the Board. A general meeting or any class meeting may also be
held by means of such telephone, electronic or other communication facilities as to permit all persons participating in the meeting to
communicate with each other, and participation in such a meeting constitutes presence at such meeting.

Shareholders’
general meetings may be convened by the chairperson of our board of directors or by a majority of our board of directors. Advance notice
of at least ten clear days is required for the convening of our annual general shareholders’ meeting (if any) and any other general
meeting of our shareholders. A quorum required for any general meeting of shareholders consists of, at the time when the meeting proceeds
to business, two shareholders holding shares which carry in aggregate (or representing by proxy) not less than one-third of all votes
attaching to issued and outstanding shares in our company entitled to vote at such general meeting.

The Companies Act
does not provide shareholders with any right to requisition a general meeting or to put any proposal before a general meeting. Our Memorandum
and Articles also do not provide our shareholders with any right to requisite any general meeting nor to put any proposals before annual
general meetings or extraordinary general meetings not called by such shareholders.

Transfer of Ordinary
Shares. Subject to the restrictions set out below, any of our shareholders may transfer all or any of his or her ordinary shares
by an instrument of transfer in the usual or common form or in a form prescribed by Nasdaq or any other form approved by our board of
directors. Notwithstanding the foregoing, ordinary shares may also be transferred in accordance with the applicable rules and regulations
of Nasdaq.

Our board of directors
may, in its absolute discretion, decline to