Company: LHI
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006939
Chunk: 50

Company: Living Homeopathy International Ltd.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 50
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 of the outstanding shares in the Company entitled to vote at such general meeting of the Company.

Living Homeopathy may rely on dividends and other distributions on equity paid by its subsidiary to fund any cash and financing requirements it may have, and any limitation on the ability of Living Homeopath’s subsidiaries to make payments to it could have a material adverse effect on Living Homeopathy’s ability to conduct its business.

Living Homeopathy is a holding company incorporated in the Cayman Islands, and it may rely on dividends and other distributions on equity paid by its subsidiary for its cash and financing requirements, including the funds necessary to pay dividends and other cash distributions to Living Homeopathy’s shareholders and service any debt it may incur. If any of Living Homeopathy’s subsidiaries incurs debt on its own behalf in the future, the instruments governing the debt may restrict its ability to pay dividends or make other distributions to Living Homeopathy.

Under the current practice of the Inland
Revenue Department of Hong Kong, no tax is payable in Hong Kong in respect of dividends paid by us. See “Taxation —
Hong Kong Profits Taxation”on page 116 of this prospectus. Any limitation on the ability of Living Homeopathy Hong
Kong to pay dividends or make other distributions to Living Homeopathy could materially and adversely limit our ability to grow, make
investments or acquisitions that could be beneficial to Living Homeopathy’s business, pay dividends, or otherwise fund and conduct
its business.

Our directors are not subject to a term of office. You may be unable to remove a director of the Company.

A director of the Company is not subject to
a term of office and shall hold office until he or she is removed or resigned in accordance with our Amended and Restated Memorandum
and Articles of Association, unless such director is appointed on such express terms that he or she shall automatically retire from office
(unless he or she has sooner vacated office) at the next or a subsequent annual general meeting or upon any specified event or after
any specified period. According to our Amended and Restated Memorandum and Articles of Association, a director may be removed by an ordinary
resolution of our shareholders. An ordinary resolution to be passed at a general meeting of the shareholders requires the affirmative
vote of a simple majority of all votes which are cast by those shareholders entitled to vote who are present in person or by proxy at
such general meeting. Immediately after the offering, the two Class B shareholders, consisting of LTO Holdings Ltd. and Qingtian Holdings