Company: KMRK
Filing Date: 2025-03-07
Form Type: DRS/A
Source: 0001213900-25-021451
Chunk: 139

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-07
Form: DRS/A
Chunk 139
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 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 pay a dividend if the Board are satisfied, on reasonable grounds that, immediately after the distribution, the value of our assets will exceed our liabilities and we will be able to pay our debts as they fall due. Voting Rights.Any action required or permitted to be taken by the shareholders must be effected at a duly called meeting of the shareholders entitled to vote on such action and may be effected by a resolution in writing. The holders of the Class A Shares are entitled to one (1) vote for each share held of record on all matters submitted to a vote of the shareholders. Holders of Class B Shares are entitled to ten (10) votes for each share held on all matters submitted to a vote of shareholders. The holders of our Class A Shares and Class Shares generally vote together as a single class on all matters submitted to a vote of our shareholders, unless otherwise required by the law of the BVI or the Memorandum and Articles of Association. Meetings of Share