Company: KMRK
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001213900-25-000267
Chunk: 186

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-01-02
Form: DRS
Chunk 186
---
On March31, 2023, the Company entered into a transfer agreement with River Star Investment Limited and K -MarkIndustrial Limited, both related companies of the Company, pursuant to which the amount due from River Star Investment Limited of US$1,367,829 was transferred to amount due from K -MarkIndustrial Limited of US$1,367,829; and •On March31, 2023, the Company entered into an offsetting agreement with K -MarkIndustrial Limited and a supplier of the Company, pursuant to which the amount due from K -MarkIndustrial Limited of US$1,273,093 was offset against the trade payables of US$1,273,093. During the year ended March 31, 2024, the Company had the following major non -cashtransactions: •On March31, 2024, the Company entered into a transfer agreement with Kwok Yiu Keung, Kwok Yiu Fai and K -MarkIndustrial Limited, pursuant to which the amount due from River Star Investment Limited of US$1,367,829 was transferred to amount due from K -MarkIndustrial Limited of US$1,367,829; and •On March31, 2024, the Company entered into an offsetting agreement with K -MarkIndustrial Limited and a supplier of the Company, pursuant to which the amount due from K -MarkIndustrial Limited of US$2,752,680 was offset against the trade payables of US$2,752,680. NOTE 22 — COMMITMENTS AND CONTINGENCIES As of March 31, 2024 and 2023, the Company has no material commitments or contingencies. NOTE 23 — SUBSEQUENT EVENTS In accordance with ASC topic 855, Subsequent Events, which established general standards of accounting for and disclosure of events that occur after the balance sheet date but before combined financial statements are issued, the Company has evaluated all events or transactions that occurred after March 31, 2024, up through the date the Company issued the audited combined financial statements. During the period, the Company did not have any material subsequent events other than disclosed above. F-22

K-TECH SOLUTIONS COMPANY LIMITED [*] CLASS A SHARES _________________________ PROSPECTUS [], 2024 _________________________

The information in this prospectus is not complete and may be changed. We may not sell the securities until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary prospectus is not an offer to sell