Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 106

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 10
Chunk 106
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 shall specify the reasons for such refusal in the resolution.

Liquidation. As permitted
by BVI law and our Memorandum and Articles of Association, the Company may be voluntarily liquidated by a resolution of members or, if
permitted under section 199(2) of the BCA, by a resolution of directors if we have no liabilities or we are able to pay our debts
as they fall due and the value of our assets equals or exceeds our liabilities.

Calls on Shares and Forfeiture
of Shares. Our Board may from time to time make calls upon shareholders for any amounts unpaid on their Ordinary Shares in a notice
served to such shareholders at least fourteen days prior to the specified time of payment. The Ordinary Shares that have been called
upon and remain unpaid are subject to forfeiture. For the avoidance of doubt, if the issued shares have been fully paid in accordance
with the terms of its issuance and subscription, the Board shall not have the right to make calls on such fully paid shares and such fully
paid shares shall not be subject to forfeiture.

Redemption, Repurchase and
Surrender of Shares. Subject to the provisions of the BCA, we may issue shares on terms that are subject to redemption, at our option
or at the option of the holders, on such terms and in such manner as may be determined by our Memorandum and Articles of Association and
subject to any applicable requirements imposed from time to time by, the BCA, the SEC, the NASDAQ Capital Market, or by any recognized
stock exchange on which our securities are listed. Our Company may also repurchase any of our shares on such terms and in such manner
as have been approved by our Board (and subject to the written consent of all the shareholders whose shares are to be purchased). In addition,
our Company may accept the surrender of any fully paid share for no consideration. See “ Where You Can Find Additional Information.”

Variations of Rights of
Shares. If at any time, the Company is authorized to issue more than one class of Shares, the rights attached to any class may only
vary, whether or not the Company is in liquidation, with the consent in writing of or by a resolution passed at a meeting of more than
50% of the issued shares of the class to be affected. The rights conferred upon the holders of the Shares of any class shall not, unless
otherwise expressly provided by the terms of issue of the Shares of that class, be deemed to be varied by the creation or