Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 108

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 10
Chunk 108
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 the company.

A transaction entered into
by our Company in respect of which a director is interested (including a merger or consolidation) is voidable by us unless the director’s
interest was (a) disclosed to the Board prior to the transaction or (b) the transaction is (i) between the director and
the company and (ii) the transaction is in the ordinary course of the company’s business and on usual terms and conditions.

Notwithstanding the above,
a transaction entered into by our Company is not voidable if the material facts of the interest are known to the shareholders and they
approve or ratify it or the company received fair value for the transaction.

In any event, all shareholders
must be given a copy of the plan of merger or consolidation irrespective of whether they are entitled to vote at the meeting to approve
the plan of merger or consolidation.

The shareholders of the constituent
companies are not required to receive shares of the surviving or consolidated company but may receive debt obligations or other securities
of the surviving or consolidated company, other assets, or a combination thereof. Further, some or all of the shares of a class or series
may be converted into a kind of asset while the other shares of the same class or series may receive a different kind of asset. As such,
not all the shares of a class or series must receive the same kind of consideration.

After the plan of merger or
consolidation has been approved by the directors and authorized by a resolution of the shareholders, articles of merger or consolidation
are executed by each company and filed with the Registry of Corporate Affairs in the BVI.

A shareholder may dissent from
a mandatory redemption of his or her shares, an arrangement (if permitted by the court), a merger (unless the shareholder was a shareholder
of the surviving company prior to the merger and continues to hold the same or similar shares after the merger) or a consolidation. A
shareholder properly exercising his dissent rights is entitled to a cash payment equal to the fair value of his or her shares.

A shareholder dissenting from
a merger or consolidation must object in writing to the merger or consolidation before the vote by the shareholders on the merger or consolidation,
unless notice of the meeting was not given to the shareholder. If the merger or consolidation is approved by the shareholders, the company
must give notice of this fact to each shareholder within 20 days (from the date of notice) who gave written objection. These shareholders
then have 20 days from the date of such notice to give to the