Company: GINT
Filing Date: 2025-10-15
Form Type: F-1/A
Source: 0001213900-25-099087
Chunk: 162

Company: Gifts International Holdings Ltd
Filing Date: 2025-10-15
Form: F-1/A
Chunk 162
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Class A Ordinary Share. There are no provisions in our second amended and restated memorandum and articles of association stating that (i) the conversion of the Class B Ordinary Shares is mandatory; or (ii) the lifespan of Class B Ordinary Shares is limited. Hence, the holders of Class B Ordinary Shares are able to hold their Class B Ordinary Shares for any period of time. No Class A Ordinary Shares shall be convertible into any Class B Ordinary Shares. We may not issue shares to bearer. Our shareholders who are non -residentsof the British Virgin Islands may freely hold and vote their shares. Dividends.The holders of our Class A Ordinary Shares and Class B Ordinary Shares are entitled to such dividends as may be declared by our board of directors. Our memorandum and articles of association provide that the directors of the Company may, by resolution of directors, authorize a distribution at a time and of an amount they think fit. Under the laws of the British Virgin Islands, our Company may pay a dividend if the board of directors 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 by resolutions of members passed by shareholders who are entitled to vote on such action at a duly called annual general meeting or other meeting of members of our Company and may be effected by a resolution in writing. At each general meeting, each shareholder of Class A Ordinary Shares who is present in person or by proxy (or, in the case of a shareholder being a corporation, by its duly authorized representative) will have one vote for each Class A Ordinary Share which such shareholder holds; and each holder of Class B Ordinary Shares who is present in person or by proxy (or, in the case of a shareholder being a corporation, by its duly authorized representative) will have twenty votes for each Class B Ordinary Share which such shareholder holds. 111 Meetings of Members.As a British Virgin Islands business company, we are not obliged by the BCA to call shareholders’ annual general meetings. We must provide written notice of all meetings of shareholders at least seven days before the date of the proposed meeting to those persons whose names appear as shareholders in the register of members on the date of the notice and are entitled to vote at the meeting. Our board of directors shall call a meeting of members upon the written request of shareholders holding at least 30% of the voting rights in respect of the matter for which the