# EDGAR Filing Document

**Accession Number:** 0001982012
**File Stem:** 0001493152-26-019456
**Filing Date:** 2026-4
**Character Count:** 118085
**Document Hash:** f5210d76ac361faf3208567376a5495b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-019456.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001493152-26-019456

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260429

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ten-League International Holdings Ltd
- **CENTRAL INDEX KEY:** 0001982012
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42734
- **FILM NUMBER:** 26910519

**BUSINESS ADDRESS:**
- **STREET 1:** C/O 7 TUAS AVENUE 2,
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 639447
- **BUSINESS PHONE:** (65) 6862 0769

**MAIL ADDRESS:**
- **STREET 1:** C/O 7 TUAS AVENUE 2,
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 639447

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of April 2026**

**Commission File Number: 001-42734**

**Ten-League International Holdings Limited**

**c/o 7 Tuas Avenue 2, Singapore 639447**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

**INFORMATION CONTAINED IN THIS FORM 6-K REPORT**

On April 6, 2026, the board of directors of Ten-League International Holdings Limited, a Cayman Islands exempted company (the "Company"), approved a reverse share split of the Company's ordinary shares at a ratio of 1-for-10 (the "Reverse Share Split"), such that (a) every ten (10) issued ordinary shares of a par value of $0.000025 each will be combined into one (1) issued ordinary share of a par value of $0.00025 each and (b) any fractional shares will be rounded to the nearest whole share. As a result, the Company's authorized share capital will be adjusted to US$500,000 divided into 2,000,000,000 ordinary shares with a par value of US$0.00025 each.

The Company's ordinary shares expect to begin trading on a post-split basis on the Nasdaq Stock Market LLC on May 1, 2026, under the current symbol "TLIH". The new CUSIP number following the Reverse Share Split is G8763W201. A copy of the Company's Amended M&A is attached hereto as Exhibit 3.1.

On April 29, 2026, the Company issued a press release announcing the Reverse Share Split. A copy of the press release is attached hereto as Exhibit 99.1.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 3.1 | [Amended and Restated Memorandum and Articles of Association.](ex3-1.htm) |
| 99.1 | [Press Release.](ex99-1.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Ten-League International Holdings Limited** | **Ten-League International Holdings Limited** |
| Date: April 29, 2026 | By: | */s/ Jison Lim* |
|  | Name: | Jison Lim |
|  | Title: | Director and Chairman |

---

## Exhibit 3.1

**Exhibit 3.1**

**THE COMPANIES ACT (AS AMENDED)**

**OF THE CAYMAN ISLANDS**

**COMPANY LIMITED BY SHARES**

**THIRD AMENDED AND RESTATED**

**Memorandum AND articles OF association**

**of**

**Ten-League International Holdings Limited**

**(ADOPTED by special resolution PASSED ON 13 APRIL 2026 and EFFective on 1 MAY 2026)**

**THE COMPANIES ACT (AS AMENDED)**

**OF THE CAYMAN ISLANDS**

**COMPANY LIMITED BY SHARES**

**THIRD AMENDED AND RESTATED**

**MEMORANDUM OF ASSOCIATION**

**OF**

**Ten-League International Holdings Limited**

**(ADOPTED BY SPECIAL RESOLUTION PASSED ON 13 APRIL 2026 AND EFFECTIVE ON 1 MAY 2026)**

1. The
 name of the Company is Ten-League International Holdings Limited (the "**Company** ").

2. The
 registered office of the Company will be situated at the offices of Walkers Corporate Limited,
 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands or at such other location
 as the Directors may from time to time determine.

3. The
 objects for which the Company is established are unrestricted and the Company shall have
 full power and authority to carry out any object not prohibited by any law as provided by
 Section 7(4) of the Companies Act (as amended) of the Cayman Islands (the "**Companies Act** ").

4. The
 Company shall have and be capable of exercising all the functions of a natural person of
 full capacity irrespective of any question of corporate benefit as provided by Section 27(2)
 of the Companies Act.

5. The
 Company will not trade in the Cayman Islands with any person, firm or corporation except
 in furtherance of the business of the Company carried on outside the Cayman Islands; provided
 that nothing in this section shall be construed as to prevent the Company effecting and concluding
 contracts in the Cayman Islands, and exercising in the Cayman Islands all of its powers necessary
 for the carrying on of its business outside the Cayman Islands.

6. The
 liability of the shareholders of the Company is limited to the amount from time to time,
 if any, unpaid on the shares respectively held by them.

7. The
 authorised share capital of the Company is **US$500,000** divided into **2,000,000,000** Ordinary Shares of par value of **US$0.00025 each**. Subject to the Companies Act and
 the Articles of Association, the Company shall have power to redeem or purchase any of its
 shares, and to sub-divide or consolidate the said shares or any of them and to issue all
 or any part of its capital whether original, redeemed, increased or reduced with or without
 any preference, priority, special privilege or other rights or subject to any postponement
 of rights or to any conditions or restrictions whatsoever and so that unless the conditions
 of issue shall otherwise expressly provide every issue of shares whether stated to be ordinary,
 preference or otherwise shall be subject to the powers on the part of the Company hereinbefore
 provided.

8. The
 Company may exercise the power contained in Section 206 of the Companies Act to deregister
 in the Cayman Islands and be registered by way of continuation in some other jurisdiction.

9. Capitalised
 terms that are not defined in this Memorandum of Association bear the same meaning as those
 given in the Articles of Association of the Company.

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| **CLAUSE** | **PAGE** |
| TABLE A | 1 |
| Interpretation | 1 |
| Preliminary | 4 |
| Shares | 5 |
| Modification Of Rights | 7 |
| Certificates | 7 |
| Fractional Shares | 8 |
| Lien | 8 |
| Calls On Shares | 8 |
| Forfeiture Of Shares | 9 |
| Transfer Of Shares | 10 |
| Transmission Of Shares | 10 |
| Alteration Of SHARE Capital | 11 |
| Redemption, Purchase and Surrender Of Shares | 11 |
| Treasury Shares | 12 |
| General Meetings | 12 |
| Proceedings At General Meetings | 13 |
| Votes Of shareholders | 15 |
| Corporations Acting By Representatives At Meetings | 16 |
| clearing houses | 16 |
| Directors | 16 |
| Alternate Director | 17 |
| Powers And Duties Of Directors | 18 |
| Borrowing Powers Of Directors | 19 |
| The Seal | 19 |
| Disqualification Of Directors | 19 |
| Proceedings Of Directors | 20 |
| presumption of assent | 21 |
| Dividends | 21 |
| Accounts, Audit and annual return and declaration | 22 |
| Capitalisation Of reserves | 23 |
| Share Premium Account | 24 |
| Notices | 24 |
| Indemnity | 25 |
| Non-Recognition Of Trusts | 26 |
| Winding Up | 26 |
| Amendment Of Articles Of Association | 27 |
| Closing of register or fixing record date | 27 |
| Registration By Way Of Continuation | 27 |
| disclosure | 27 |

---

**THE COMPANIES ACT (AS AMENDED)**

**OF THE CAYMAN ISLANDS**

**COMPANY LIMITED BY SHARES**

**THIRD AMENDED AND RESTATED**

**ARTICLES OF ASSOCIATION**

**OF**

**Ten-League International Holdings Limited**

**(ADOPTED BY SPECIAL RESOLUTION PASSED ON 13 APRIL 2026 AND EFFECTIVE ON 1 MAY 2026)**

**TABLE A**

The Regulations contained or incorporated in Table 'A' in the First Schedule of the Companies Act shall not apply to the Company and the following Articles shall comprise the Articles of Association of the Company.

**Interpretation**

1. In
 these Articles the following defined terms will have the meanings ascribed to them, if not
 inconsistent with the subject or context:

"**ADS**" means an American depositary share, each representing such number of Ordinary Shares as set out in the registration statements of the Company;

"**Affiliate**" means in respect of a Person, any other Person that, directly or indirectly, through (1) one or more intermediaries, controls, is controlled by, or is under common control with, such Person, and (i) in the case of a natural person, shall include, without limitation, such person's spouse, parents, children, siblings, mother-in-law, father-in-law, brothers-in-law and sisters-in-law, a trust for the benefit of any of the foregoing, and a corporation, partnership or any other entity wholly or jointly owned by any of the foregoing, and (ii) in the case of an entity, shall include a partnership, a corporation or any other entity or any natural person which directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such entity. The term "control" shall mean the ownership, directly or indirectly, of shares possessing more than fifty per cent (50%) of the voting power of the corporation, partnership or other entity (other than, in the case of a corporation, securities having such power only by reason of the happening of a contingency), or having the power to control the management or elect a majority of members to the board of directors or equivalent decision-making body of such corporation, partnership or other entity;

"**Articles**" means these articles of association of the Company, as amended or substituted from time to time;

"**Board**" and "**Board of Directors**" and "**Directors**" means the directors of the Company for the time being, or as the case may be, the directors assembled as a board or as a committee thereof;

"**Chairman**" means the chairman of the Board of Directors;

"**Class**" or "**Classes**" means any class or classes of Shares as may from time to time be issued by the Company;

"**Commission**" means the Securities and Exchange Commission of the United States of America or any other federal agency for the time being administering the Securities Act;

"**Companies Act**" means the Companies Act (as amended) of the Cayman Islands;

"**Company**" means Ten-League International Holdings Limited, a Cayman Islands exempted company;

"**Company's Website"** means the main corporate/investor relations website of the Company, the address or domain name of which has been disclosed in any registration statement filed by the Company with the Commission in connection with its initial public offering of Ordinary Shares, or which has otherwise been notified to Shareholders;

"**Designated Stock Exchange**" means the stock exchange in the United States on which any Shares and ADSs are listed for trading;

"**Designated Stock Exchange Rules**" means the relevant code, rules and regulations, as amended, from time to time, applicable as a result of the original and continued listing of any Shares or ADSs on the Designated Stock Exchange;

"**electronic"** means the meaning given to it in the Electronic Transactions Act (as amended) of the Cayman Islands and any amendment thereto or re-enactments thereof for the time being in force and includes every other law incorporated therewith or substituted therefor;

"**electronic communication"** means electronic posting to the Company's Website, transmission to any number, address or internet website or other electronic delivery methods as otherwise decided and approved by not less than a majority of the vote of the Board;

"**Exchange Act"** means the Securities Exchange Act of 1934, as amended;

"**Independent Director"** means a Director who is an independent director as defined in the Designated Stock Exchange Rules or in Rule 10A-3 under the Exchange Act;

"**Memorandum of Association**" means the memorandum of association of the Company, as amended or substituted from time to time;

"**Month**" means calendar month;

"**Office**" means the registered office of the Company as required by the Companies Act;

"**Officer**" means the officers for the time being and from time to time of the Company;

"**Ordinary Resolution**" means a resolution:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) passed
 by a simple majority of the votes cast by such Shareholders as, being entitled to do so,
 vote in person or, where proxies are allowed, by proxy at a general meeting of the Company
 and where a poll is taken regard shall be had in computing a majority to the number of votes
 to which each Shareholder is entitled by these Articles; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) approved
 in writing by all of the Shareholders entitled to vote at a general meeting of the Company
 in one or more instruments each signed by one or more of the Shareholders and the effective
 date of the resolution so adopted shall be the date on which the instrument, or the last
 of such instruments, if more than one, is executed;

"**Ordinary Shares**" means the ordinary share of par value US$0.00025 each in the share capital of the Company having the rights set out in these Articles;

"**paid up**" means paid up as to the par value in respect of the issue of any Shares and includes credited as paid up;

"**Person**" means any natural person, firm, company, joint venture, partnership, corporation, association or other entity (whether or not having a separate legal personality) or any of them as the context so requires, other than in respect of a Director or Officer in which circumstances Person shall mean any person or entity permitted to act as such in accordance with the laws of the Cayman Islands;

"**Register**" means the register of Members of the Company required to be kept pursuant to the Companies Act;

"**Seal**" means the common seal of the Company (if adopted) including any facsimile thereof;

"**Secretary**" means any Person appointed by the Directors to perform any of the duties of the secretary of the Company;

"**Securities Act**" means the Securities Act of 1933 of the United States of America, as amended, or any similar federal statute and the rules and regulations of the Commission thereunder, all as the same shall be in effect at the time;

"**Share**" means a share in the capital of the Company. All references to "**Shares**" herein shall be deemed to be Shares of any or all Classes as the context may require. For the avoidance of doubt in these Articles the expression "Share" shall include a fraction of a Share;

"**Shareholder**" or "**Member**" means a Person who is registered as the holder of Shares in the Register and includes each subscriber to the Memorandum of Association pending entry in the Register of such subscriber;

"**Share Premium Account**" means the share premium account established in accordance with these Articles and the Companies Act;

"**signed**" means bearing a signature or representation of a signature affixed by mechanical means or an electronic symbol or process attached to or logically associated with an electronic communication and executed or adopted by a person with the intent to sign the electronic communication;

"**Special Resolution**" means a special resolution of the Company passed in accordance with the Companies Act being a resolution:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) passed
 by not less than two-thirds of the votes cast by such Shareholders as, being entitled to
 do so, vote in person or, where proxies are allowed, by proxy at a general meeting of the
 Company of which notice specifying the intention to propose the resolution as a special resolution
 has been duly given and where a poll is taken regard shall be had in computing a majority
 to the number of votes to which each Shareholder is entitled; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) approved
 in writing by all of the Shareholders entitled to vote at a general meeting of the Company
 in one or more instruments each signed by one or more of the Shareholders and the effective
 date of the special resolution so adopted shall be the date on which the instrument or the
 last of such instruments, if more than one, is executed;

"**Treasury Shares**" means Shares that were previously issued but were purchased, redeemed, surrendered or otherwise acquired by the Company and not cancelled;

"**United States**" means the United States of America, its territories, its possessions and all areas subject to its jurisdiction; and

"**year**" means calendar year.

2. In
 these Articles, save where the context requires otherwise:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) words
 importing the singular number shall include the plural number and vice versa;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) words
 importing the masculine gender only shall include the feminine gender and any Person as the
 context may require;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 word "may" shall be construed as permissive and the word "shall"
 shall be construed as imperative;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) reference
 to a dollar or dollars (or US$) and to a cent or cents is reference to dollars and cents
 of the United States of America;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) reference
 to a statutory enactment shall include reference to any amendment or re-enactment thereof
 for the time being in force;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) reference
 to any determination by the Directors shall be construed as a determination by the Directors
 in their sole and absolute discretion and shall be applicable either generally or in any
 particular case;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) reference
 to "in writing" shall be construed as written or represented by any means reproducible
 in writing, including any form of print, lithograph, email, facsimile, photograph or telex
 or represented by any other substitute or format for storage or transmission for writing
 including in the form of an electronic record or partly one and partly another;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) any
 requirements as to delivery under the Articles include delivery in the form of an electronic
 record or an electronic communication; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any
 requirements as to execution or signature under the Articles, including the execution of
 the Articles themselves, can be satisfied in the form of an electronic signature as defined
 in the Electronic Transaction Act (as amended). Sections 8 and 19 of the Electronic Transactions
 Act (as amended) shall not apply.

3. Subject
 to the last two preceding Articles, any words defined in the Companies Act shall, if not
 inconsistent with the subject or context, bear the same meaning in these Articles.

**Preliminary**

4. The
 business of the Company may be conducted as the Directors see fit.

5. The
 Office shall be at such address in the Cayman Islands as the Directors may from time to time
 determine. The Company may in addition establish and maintain such other offices and places
 of business and agencies in such places as the Directors may from time to time determine.

6. The
 expenses incurred in the formation of the Company and in connection with the offer for subscription
 and issue of Shares shall be paid by the Company. Such expenses may be amortised over such
 period as the Directors may determine and the amount so paid shall be charged against income
 and/or capital in the accounts of the Company as the Directors shall determine.

7. The
 Directors shall keep, or cause to be kept, the Register at such place or (subject to compliance
 with the Companies Act and these Articles) places as the Directors may from time to time
 determine. In the absence of any such determination, the Register shall be kept at the Office.

**Shares**

8. Subject
 to these Articles, all Shares for the time being unissued shall be under the control of the
 Directors who may, in their absolute discretion and without the approval of the Members,
 cause the Company to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) issue,
 allot or dispose of the same (whether in certificated form or non-certificated form, including
 fractions of a Share) to such Persons, in such manner, on such terms and having such rights
 and being subject to such restrictions as they may from time to time determine;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) grant
 rights over Shares or other securities to be issued in one or more classes or series as they
 deem necessary or appropriate and determine the designations, powers, preferences, privileges
 and other rights attaching to such Shares or securities, including dividend rights, voting
 rights, conversion rights, terms of redemption and liquidation preferences, any or all of
 which may be greater than the powers, preferences, privileges and rights associated with
 the then issued and outstanding Shares, at such times and on such other terms as they think
 proper; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) grant
 options with respect to such Shares and issue warrants, convertible securities or similar
 instruments with respect thereto;

and, for such purposes, the Directors may reserve an appropriate number of Shares for the time being unissued.

9. The
 Directors, or the Shareholders by Ordinary Resolution, may authorise the division of Shares
 into any number of Classes and sub-classes and the different Classes and sub-classes shall
 be authorised, established and designated (or re-designated as the case may be) and the variations
 in the relative rights (including, without limitation, voting, dividend and redemption rights),
 restrictions, preferences, privileges and payment obligations as between the different Classes
 (if any) may be fixed and determined by the Directors or by the Shareholders by Ordinary
 Resolution. The Directors may issue Shares with such preferred or other rights, all or any
 of which may be greater than the rights of Ordinary Shares, at such time and on such terms
 as they may think appropriate. Notwithstanding Article 12 the Directors may issue from time
 to time, out of the authorised share capital of the Company (other than the authorised but
 unissued Ordinary Shares), series of preferred shares in their absolute discretion and without
 approval of the Members; provided, however, before any preferred shares of any such series
 are issued, the Directors shall by resolution of Directors determine, with respect to any
 series of preferred shares, the terms and rights of that series, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 designation of such series, the number of preferred shares to constitute such series and
 the subscription price thereof if different from the par value thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) whether
 the preferred shares of such series shall have voting rights, in addition to any voting rights
 provided by law, and, if so, the terms of such voting rights, which may be general or limited;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 dividends, if any, payable on such series, whether any such dividends shall be cumulative,
 and, if so, from what dates, the conditions and dates upon which such dividends shall be
 payable, and the preference or relation which such dividends shall bear to the dividends
 payable on any shares of any other class or any other series of shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) whether
 the preferred shares of such series shall be subject to redemption by the Company, and, if
 so, the times, prices and other conditions of such redemption;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) whether
 the preferred shares of such series shall have any rights to receive any part of the assets
 available for distribution amongst the Members upon the liquidation of the Company, and,
 if so, the terms of such liquidation preference, and the relation which such liquidation
 preference shall bear to the entitlements of the holders of shares of any other class or
 any other series of shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) whether
 the preferred shares of such series shall be subject to the operation of a retirement or
 sinking fund and, if so, the extent to and manner in which any such retirement or sinking
 fund shall be applied to the purchase or redemption of the preferred shares of such series
 for retirement or other corporate purposes and the terms and provisions relative to the operation
 thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) whether
 the preferred shares of such series shall be convertible into, or exchangeable for, shares
 of any other class or any other series of preferred shares or any other securities and, if
 so, the price or prices or the rate or rates of conversion or exchange and the method, if
 any, of adjusting the same, and any other terms and conditions of conversion or exchange;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) the
 limitations and restrictions, if any, to be effective while any preferred shares of such
 series are outstanding upon the payment of dividends or the making of other distributions
 on, and upon the purchase, redemption or other acquisition by the Company of, the existing
 shares or shares of any other class of shares or any other series of preferred shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the
 conditions or restrictions, if any, upon the creation of indebtedness of the Company or upon
 the issue of any additional shares, including additional shares of such series or of any
 other class of shares or any other series of preferred shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) any
 other powers, preferences and relative, participating, optional and other special rights,
 and any qualifications, limitations and restrictions thereof;

and, for such purposes, the Directors may reserve an appropriate number of Shares for the time being unissued. The Company is not obliged to issue, allot or dispose of shares if it is, in the opinion of the Directors, unlawful or impracticable. The Company shall not issue Shares to bearer.

10. The
 rights and restrictions attaching to the Ordinary Shares are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Income

Holders of Ordinary Shares shall be entitled to such dividends as the Directors may in their absolute discretion lawfully declare from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Capital

Holders of Ordinary Shares shall be entitled to a return of capital on liquidation, dissolution or winding-up of the Company (other than on a conversion, redemption or purchase of shares, or an equity financing or series of financings that do not constitute the sale of all or substantially all of the shares of the Company).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Attendance
 at General Meetings and Voting

Holders of Ordinary Shares have the right to receive notice of, attend, speak and vote at general meetings of the Company. Each Ordinary Share shall be entitled to one (1) vote on all matters subject to vote at general meetings of the Company.

11. The
 Company may insofar as may be permitted by law, pay a commission to any Person in consideration
 of his subscribing or agreeing to subscribe whether absolutely or conditionally for any Shares.
 Such commissions may be satisfied by the payment of cash or the lodgement of fully or partly
 paid-up Shares or partly in one way and partly in the other. The Company may also pay such
 brokerage as may be lawful on any issue of Shares.

12. The
 Directors may refuse to accept any application for Shares, and may accept any application
 in whole or in part, for any reason or for no reason.

**Modification Of Rights**

13. Whenever
 the capital of the Company is divided into different Classes (and as otherwise determined
 by the Directors) the rights attached to any such Class may, subject to any rights or restrictions
 for the time being attached to any Class, only be materially adversely varied or abrogated
 with the consent in writing of the holders of not less than a majority of the issued Shares
 of the relevant Class, or with the sanction of a special resolution passed at a separate
 meeting of the holders of the Shares of such Class by a majority of two-thirds of the votes
 cast at such a meeting. To every such separate meeting all the provisions of these Articles
 relating to general meetings of the Company or to the proceedings thereat shall, *mutatis mutandis*, apply, except that the necessary quorum shall be one or more Persons at least
 holding or representing by proxy one-third in nominal or par value amount of the issued Shares
 of the relevant Class (but so that if at any adjourned meeting of such holders a quorum as
 above defined is not present, those Shareholders who are present shall form a quorum) and
 that, subject to any rights or restrictions for the time being attached to the Shares of
 that Class, every Shareholder of the Class shall on a poll have one vote for each Share of
 the Class held by him. For the purposes of this Article the Directors may treat all the Classes
 or any two or more Classes as forming one Class if they consider that all such Classes would
 be affected in the same way by the proposals under consideration *,* but in any other
 case shall treat them as separate Classes.

14. The
 rights conferred upon the holders of the Shares of any Class issued with preferred or other
 rights shall not, subject to any rights or restrictions for the time being attached to the
 Shares of that Class, be deemed to be materially adversely varied or abrogated by, *inter alia*, the creation, allotment or issue of further Shares ranking *pari passu* with
 or subsequent to them or the redemption or purchase of any Shares of any Class by the Company.
 The rights of the holders of Shares shall not be deemed to be materially adversely varied
 by the creation or issue of Shares with preferred or other rights including, without limitation,
 the creation of Shares with enhanced or weighted voting rights.

**Certificates**

15. Every
 Person whose name is entered as a Member in the Register shall, without payment, be entitled
 to a certificate within two months after allotment or lodgement of transfer (or within such
 other period as the conditions of issue shall provide) in the form determined by the Directors.
 All certificates shall specify the Share or Shares held by that person and the amount paid
 up thereon, provided that in respect of a Share or Shares held jointly by several persons
 the Company shall not be bound to issue more than one certificate, and delivery of a certificate
 for a Share to one of several joint holders shall be sufficient delivery to all. All certificates
 for Shares shall be delivered personally or sent through the post addressed to the member
 entitled thereto at the Member's registered address as appearing in the Register.

16. Every
 share certificate of the Company shall bear legends required under the applicable laws, including
 the Securities Act.

17. Any
 two or more certificates representing Shares of any one Class held by any Member may at the
 Member's request be cancelled and a single new certificate for such Shares issued in
 lieu on payment (if the Directors shall so require) of US$1.00 or such smaller sum as the
 Directors shall determine.

18. If
 a share certificate shall be damaged or defaced or alleged to have been lost, stolen or destroyed,
 a new certificate representing the same Shares may be issued to the relevant Member upon
 request subject to delivery up of the old certificate or (if alleged to have been lost, stolen
 or destroyed) compliance with such conditions as to evidence and indemnity and the payment
 of out-of-pocket expenses of the Company in connection with the request as the Directors
 may think fit.

19. In
 the event that Shares are held jointly by several persons, any request may be made by any
 one of the joint holders and if so made shall be binding on all of the joint holders.

**Fractional Shares**

20. The
 Directors may issue fractions of a Share and, if so issued, a fraction of a Share shall be
 subject to and carry the corresponding fraction of liabilities (whether with respect to nominal
 or par value, premium, contributions, calls or otherwise), limitations, preferences, privileges,
 qualifications, restrictions, rights (including, without prejudice to the generality of the
 foregoing, voting and participation rights) and other attributes of a whole Share. If more
 than one fraction of a Share of the same Class is issued to or acquired by the same Shareholder
 such fractions shall be accumulated.

**Lien**

21. The
 Company has a first and paramount lien on every Share (whether or not fully paid) for all
 amounts (whether presently payable or not) payable at a fixed time or called in respect of
 that Share. The Company also has a first and paramount lien on every Share registered in
 the name of a Person indebted or under liability to the Company (whether he is the sole registered
 holder of a Share or one of two or more joint holders) for all amounts owing by him or his
 estate to the Company (whether or not presently payable). The Directors may at any time declare
 a Share to be wholly or in part exempt from the provisions of this Article. The Company's
 lien on a Share extends to any amount payable in respect of it.

22. The
 Company may sell, in such manner as the Directors may determine, any Share on which the Company
 has a lien, but no sale shall be made unless an amount in respect of which the lien exists
 is presently payable nor until the expiration of fourteen days after a notice in writing,
 demanding payment of such part of the amount in respect of which the lien exists as is presently
 payable, has been given to the registered holder for the time being of the Share, or the
 Persons entitled thereto by reason of his death or bankruptcy.

23. For
 giving effect to any such sale the Directors may authorise some Person to transfer the Shares
 sold to the purchaser thereof. The purchaser shall be registered as the holder of the Shares
 comprised in any such transfer and he shall not be bound to see to the application of the
 purchase money, nor shall his title to the Shares be affected by any irregularity or invalidity
 in the proceedings in reference to the sale.

24. The
 proceeds of the sale after deduction of expenses, fees and commission incurred by the Company
 shall be received by the Company and applied in payment of such part of the amount in respect
 of which the lien exists as is presently payable, and the residue shall (subject to a like
 lien for sums not presently payable as existed upon the Shares prior to the sale) be paid
 to the Person entitled to the Shares immediately prior to the sale.

**Calls On Shares**

25. The
 Directors may from time to time make calls upon the Shareholders in respect of any moneys
 unpaid on their Shares, and each Shareholder shall (subject to receiving at least fourteen
 days' clear notice specifying the time or times of payment) pay to the Company at the
 time or times so specified the amount called on such Shares. A call shall be deemed to have
 been made at the time when the resolution of the Directors authorising such call was passed.

26. The
 joint holders of a Share shall be jointly and severally liable to pay calls in respect thereof.

27. If
 a sum called in respect of a Share is not paid before or on the day appointed for payment
 thereof, the Person from whom the sum is due shall pay interest upon the sum at the rate
 of eight percent per annum from the day appointed for the payment thereof to the time of
 the actual payment, but the Directors shall be at liberty to waive payment of that interest
 wholly or in part.

28. The
 provisions of these Articles as to the liability of joint holders and as to payment of interest
 shall apply in the case of non-payment of any sum which, by the terms of issue of a Share,
 becomes payable at a fixed time, whether on account of the amount of the Share, or by way
 of premium, as if the same had become payable by virtue of a call duly made and notified.

29. The
 Directors may make arrangements on the issue of partly paid Shares for a difference between
 the Shareholders, or the particular Shares, in the amount of calls to be paid and in the
 times of payment.

30. The
 Directors may, if they think fit, receive from any Shareholder willing to advance the same
 all or any part of the moneys uncalled and unpaid upon any partly paid Shares held by him,
 and upon all or any of the moneys so advanced may (until the same would, but for such advance,
 become presently payable) pay interest at such rate (not exceeding without the sanction by
 Ordinary Resolution, eight percent per annum) as may be agreed upon between the Shareholder
 paying the sum in advance and the Directors. No such sum paid in advance of calls shall entitle
 the Member paying such sum to any portion of a dividend declared in respect of any period
 prior to the date upon which such sum would, but for such payment, become presently payable.

**Forfeiture Of Shares**

31. If
 a Shareholder fails to pay any call or instalment of a call in respect of partly paid Shares
 on the day appointed for payment, the Directors may, at any time thereafter during such time
 as any part of such call or instalment remains unpaid, serve a notice on him requiring payment
 of so much of the call or instalment as is unpaid, together with any interest which may have
 accrued.

32. The
 notice shall name a further day (not earlier than the expiration of fourteen days from the
 date of the notice) on or before which the payment required by the notice is to be made,
 and shall state that in the event of non-payment at or before the time appointed the Shares
 in respect of which the call was made will be liable to be forfeited.

33. If
 the requirements of any such notice as aforesaid are not complied with, any Share in respect
 of which the notice has been given may at any time thereafter, before the payment required
 by notice has been made, be forfeited by a resolution of the Directors to that effect.

34. A
 forfeited Share may be sold or otherwise disposed of on such terms and in such manner as
 the Directors think fit, and at any time before a sale or disposition the forfeiture may
 be cancelled on such terms as the Directors think fit.

35. A
 Person whose Shares have been forfeited shall cease to be a Shareholder in respect of the
 forfeited Shares, but shall, notwithstanding, remain liable to pay to the Company all moneys
 which at the date of forfeiture were payable by him to the Company in respect of the Shares
 forfeited, but his liability shall cease if and when the Company receives payment in full
 of the amount unpaid on the Shares forfeited. A certificate in writing under the hand of
 a Director that a Share has been duly forfeited on a date stated in the certificate, shall
 be conclusive evidence of the facts in the certificate as against all Persons claiming to
 be entitled to the Share.

36. The
 Company may receive the consideration, if any, given for a Share on any sale or disposition
 thereof pursuant to the provisions of these Articles as to forfeiture and may execute a transfer
 of the Share in favour of the Person to whom the Share is sold or disposed of and that Person
 shall be registered as the holder of the Share, and shall not be bound to see to the application
 of the purchase money, if any, nor shall his title to the Shares be affected by any irregularity
 or invalidity in the proceedings in reference to the disposition or sale.

37. The
 provisions of these Articles as to forfeiture shall apply in the case of non-payment of any
 sum which by the terms of issue of a Share becomes due and payable, whether on account of
 the amount of the Share, or by way of premium, as if the same had been payable by virtue
 of a call duly made and notified.

**Transfer Of Shares**

38. The
 instrument of transfer of any Share shall be in any usual or common form or such other form
 as the Directors may determine and be executed by or on behalf of the transferor and if in
 respect of a nil or partly paid up Share, or if so required by the Directors, shall also
 be executed on behalf of the transferee and shall be accompanied by the certificate (if any)
 of the Shares to which it relates and such other evidence as the Directors may reasonably
 require to show the right of the transferor to make the transfer. The transferor shall be
 deemed to remain a Shareholder until the name of the transferee is entered in the Register
 in respect of the relevant Shares.

39. (a) Subject to the terms of issue thereof, the Directors may determine
to decline to register any transfer of Shares without assigning any reason therefor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Directors may
also decline to register any transfer of any Share unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the
 instrument of transfer is lodged with the Company, accompanied by the certificate for the
 Shares to which it relates and such other evidence as the Board may reasonably require to
 show the right of the transferor to make the transfer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the
 instrument of transfer is in respect of only one Class of Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the
 instrument of transfer is properly stamped, if required;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) in
 the case of a transfer to joint holders, the number of joint holders to whom the Share is
 to be transferred does not exceed four; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) a
 fee of such maximum sum as the Designated Stock Exchange may determine to be payable or such
 lesser sum as the Board of Directors may from time to time require, is paid to the Company
 in respect thereof.

40. The
 registration of transfers may, on ten calendar days' notice being given by advertisement
 in such one or more newspapers or by electronic means or by any other means in accordance
 with the Designated Stock Exchange Rules, be suspended and the Register of Members closed
 at such times and for such periods as the Directors may, in their absolute discretion, from
 time to time determine, provided always that such registration of transfer shall not be suspended
 nor the Register of Members closed for more than 30 days in any year.

41. All
 instruments of transfer that are registered shall be retained by the Company. If the Directors
 refuse to register a transfer of any Shares, they shall within three months after the date
 on which the transfer was lodged with the Company send to each of the transferor and the
 transferee notice of the refusal.

**Transmission Of Shares**

42. The
 legal personal representative of a deceased sole holder of a Share shall be the only Person
 recognised by the Company as having any title to the Share. In the case of a Share registered
 in the name of two or more holders, the survivors or survivor, or the legal personal representatives
 of the deceased holder of the Share, shall be the only Person recognised by the Company as
 having any title to the Share.

43. Any
 Person becoming entitled to a Share in consequence of the death or bankruptcy of a Shareholder
 shall upon such evidence being produced as may from time to time be required by the Directors,
 have the right either to be registered as a Shareholder in respect of the Share or, instead
 of being registered himself, to make such transfer of the Share as the deceased or bankrupt
 Person could have made; but the Directors shall, in either case, have the same right to decline
 or suspend registration as they would have had in the case of a transfer of the Share by
 the deceased or bankrupt Person before the death or bankruptcy.

44. A
 Person becoming entitled to a Share by reason of the death or bankruptcy of a Shareholder
 shall be entitled to the same dividends and other advantages to which he would be entitled
 if he were the registered Shareholder, except that he shall not, before being registered
 as a Shareholder in respect of the Share, be entitled in respect of it to exercise any right
 conferred by membership in relation to meetings of the Company, provided however, that the
 Directors may at any time give notice requiring any such person to elect either to be registered
 himself or to transfer the Share, and if the notice is not complied with within ninety days,
 the Directors may thereafter withhold payment of all dividends, bonuses or other monies payable
 in respect of the Share until the requirements of the notice have been complied with.

**Registration Of Empowering Instruments**

45. The
 Company shall be entitled to charge a fee not exceeding one dollar (US$1.00) on the registration
 of every probate, letters of administration, certificate of death or marriage, power of attorney,
 notice in lieu of distringas, or other instrument.

**Alteration Of SHARE Capital**

46. The
 Company may from time to time by Ordinary Resolution increase the share capital by such sum,
 to be divided into Shares of such Classes and amount, as the resolution shall prescribe and
 with such rights, priorities and privileges annexed thereto, as the Company in general meeting
 may determine.

47. The
 Company may by Ordinary Resolution:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) consolidate
 and divide all or any of its share capital into Shares of a larger amount than its existing
 Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) subdivide
 its existing Shares, or any of them into Shares of a smaller amount provided that in the
 subdivision the proportion between the amount paid and the amount, if any, unpaid on each
 reduced Share shall be the same as it was in case of the Share from which the reduced Share
 is derived;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) convert
 all or any of its paid up Shares into stock and reconvert that stock into paid up Shares
 of any denomination;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) cancel
 any Shares that, at the date of the passing of the resolution, have not been taken or agreed
 to be taken by any Person and diminish the amount of its share capital by the amount of the
 Shares so cancelled.

48. The
 Company may by Special Resolution reduce its share capital and any capital redemption reserve
 in any manner authorised by law.

**Redemption, Purchase and Surrender Of Shares**

49. Subject
 to the Companies Act and these Articles, the Company may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) issue
 Shares on terms that they are to be redeemed or are liable to be redeemed at the option of
 the Company or the Shareholder on such terms and in such manner as may be determined, before
 the issue of such Shares, by either the Board or by the Shareholders by Special Resolution;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) purchase
 its own Shares (including any redeemable Shares) on such terms and in such manner as have
 been approved by the Board or by the Members by Ordinary Resolution, or are otherwise authorised
 by these Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) make
 a payment in respect of the redemption or purchase of its own Shares in any manner permitted
 by the Companies Act, including out of its capital; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) accept
 the surrender for no consideration of any paid up Share (including any redeemable Share)
 on such terms and in such manner as the Directors may determine.

50. The
 holder of the Shares being purchased or redeemed shall be bound to deliver up to the Company
 the certificate(s) (if any) thereof. Any Share in respect of which notice of redemption has
 been given shall not be entitled to vote or participate in the profits of the Company in
 respect of the period after the date specified as the date of redemption in the notice of
 redemption.

51. The
 redemption, purchase or surrender of any Share shall not be deemed to give rise to the redemption,
 purchase or surrender of any other Share.

52. The
 Directors may when making payments in respect of redemption or purchase of Shares, if authorised
 by the terms of issue of the Shares being redeemed or purchased or with the agreement of
 the holder of such Shares, make such payment either in cash or in specie including without
 limitation, interests in a special purpose vehicle holding assets of the Company or holding
 entitlement to the proceeds of assets held by the Company or in a liquidation structure.

**Treasury Shares**

53. Shares
 that the Company purchases, redeems or acquires (by way of surrender or otherwise) may, at
 the option of the Company, be cancelled immediately or held as Treasury Shares in accordance
 with the Companies Act. In the event that the Directors do not specify that the relevant
 Shares are to be held as Treasury Shares, such Shares shall be cancelled.

54. No
 dividend may be declared or paid, and no other distribution (whether in cash or otherwise)
 of the Company's assets (including any distribution of assets to members on a winding
 up) may be declared or paid in respect of a Treasury Share.

55. The
 Company shall be entered in the Register as the holder of the Treasury Shares provided that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Company shall not be treated as a member for any purpose and shall not exercise any right
 in respect of the Treasury Shares, and any purported exercise of such a right shall be void;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a
 Treasury Share shall not be voted, directly or indirectly, at any meeting of the Company
 and shall not be counted in determining the total number of issued shares at any given time,
 whether for the purposes of these Articles or the Companies Act, save that an allotment of
 Shares as fully paid bonus shares in respect of a Treasury Share is permitted and Shares
 allotted as fully paid bonus shares in respect of a treasury share shall be treated as Treasury
 Shares.

56. Treasury
 Shares may be disposed of by the Company on such terms and conditions as determined by the
 Directors.

**General Meetings**

57. All
 general meetings other than annual general meetings shall be called extraordinary general
 meetings.

58. (a) The Company may, but shall not (unless required by the Companies
Act) be obliged to hold a general meeting in each year as its annual general meeting and shall specify the meeting as such in the notices
calling it. The annual general meeting shall be held at such time and place as may be determined by the Directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) At
 these meetings the report of the Directors (if any) shall be presented.

59. (a) The Chairman or a majority of the Directors may call general
meetings, and they shall on a Members' requisition forthwith proceed to convene an extraordinary general meeting of the
Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) A
 Members' requisition is a requisition of Members of the Company holding at the date
 of deposit of the requisition not less than one-third of such of the paid-up capital of the
 Company as at that date of the deposit carries the right of voting at general meetings of
 the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The
 requisition must state the objects of the meeting and must be signed by the requisitionists
 and deposited at the registered office of the Company, and may consist of several documents
 in like form each signed by one or more requisitionists.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If
 the Directors do not within 21 days from the date of the deposit of the requisition duly
 proceed to convene a general meeting to be held within a further twenty-one days, the requisitionists,
 or any of them representing more than one-half of the total voting rights of all of them,
 may themselves convene a general meeting, but any meeting so convened shall not be held after
 the expiration of three months after the expiration of the said 21 days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) A
 general meeting convened as aforesaid by requisitionists shall be convened in the same manner
 as nearly as possible as that in which general meetings are to be convened by Directors.

**Notice Of General Meetings**

60. At
 least fifteen (15) calendar days' notice shall be given for any general meeting. Every
 notice shall be exclusive of the day on which it is given or deemed to be given and of the
 day for which it is given and shall specify the place, the day and the hour of the meeting
 and the general nature of the business and shall be given in the manner hereinafter mentioned
 or in such other manner if any as may be prescribed by the Company, provided that a general
 meeting of the Company shall, whether or not the notice specified in this Article has been
 given and whether or not the provisions of these Articles regarding general meetings have
 been complied with, be deemed to have been duly convened if it is so agreed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 the case of an annual general meeting by all the Members (or their proxies) entitled to attend
 and vote thereat; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in
 the case of an extraordinary general meeting by a majority in number of the Members (or their
 proxies) having a right to attend and vote at the meeting, being a majority together holding
 not less than seventy five per cent (75%) in par value of the Shares giving that right.

61. The
 accidental omission to give notice of a meeting to or the non-receipt of a notice of a meeting
 by any Shareholder shall not invalidate the proceedings at any meeting.

**Proceedings At General Meetings**

62. No
 business shall be transacted at any general meeting without the consent of all Shareholders
 entitled to receive notice of that meeting unless notice of such business has been given
 in the notice convening that meeting.

63. No
 business shall be transacted at any general meeting unless a quorum of Members is present
 at the time when the meeting proceeds to business. The holders of Shares being not less than
 an aggregate of one-half of all votes attaching to all issued and outstanding Shares that
 carry the right to vote at such general meeting present in person or by proxy shall be a
 quorum for all purposes.

64. If
 within half an hour from the time appointed for the meeting a quorum is not present, the
 meeting, if convened upon the requisition of Shareholders, shall be dissolved. In any other
 case it shall stand adjourned to the same day in the next week, at the same time and place,
 and if at the adjourned meeting a quorum is not present within half an hour from the time
 appointed for the meeting the Shareholder or Shareholders present and entitled to vote shall
 form a quorum.

65. If
 the Directors wish to make this facility available for a specific general meeting or all
 general meetings of the Company, participation in any general meeting of the Company may
 be by means of a telephone or similar communication equipment by way of which all Persons
 participating in such meeting can communicate with each other and such participation shall
 be deemed to constitute presence in person at the meeting.

66. The
 chairman, if any, of the Directors shall preside as chairman at every general meeting of
 the Company.

67. If
 there is no such chairman, or if at any general meeting he is not present within fifteen
 minutes after the time appointed for holding the meeting or is unwilling to act as chairman,
 any Director or Person nominated by the Directors shall preside as chairman, failing which
 the Shareholders present in person or by proxy shall choose any Person present to be chairman
 of that meeting.

The chairman of the general meeting may with the consent of any general meeting at which a quorum is present (and shall if so directed by the meeting) adjourn a meeting from time to time and from place to place, but no business shall be transacted at any adjourned meeting other than the business left unfinished at the meeting from which the adjournment took place. When a meeting, or adjourned meeting, is adjourned for fourteen days or more, notice of the adjourned meeting shall be given in the manner provided for the original meeting. Save as aforesaid, it shall not be necessary to give any notice of an adjournment or of the business to be transacted at an adjourned meeting.

68. The
 Directors may cancel or postpone any duly convened general meeting at any time prior to such
 meeting, except for general meetings requisitioned by the Shareholders in accordance with
 these Articles, for any reason or for no reason, upon notice in writing to Shareholders.
 A postponement may be for a stated period of any length or indefinitely as the Directors
 may determine.

69. At
 any general meeting a resolution put to the vote of the meeting shall be decided on a show
 of hands, unless a poll is (before or on the declaration of the result of the show of hands)
 demanded by the chairman or one or more Shareholders present in person or by proxy entitled
 to vote, and unless a poll is so demanded, a declaration by the chairman that a resolution
 has, on a show of hands, been carried, or carried unanimously, or by a particular majority,
 or lost, and an entry to that effect in the book of the proceedings of the Company, shall
 be conclusive evidence of the fact, without proof of the number or proportion of the votes
 recorded in favour of, or against, that resolution.

70. If
 a poll is duly demanded it shall be taken in such manner as the chairman directs, and the
 result of the poll shall be deemed to be the resolution of the meeting at which the poll
 was demanded.

71. In
 the case of an equality of votes, whether on a show of hands or on a poll, the chairman of
 the meeting at which the show of hands takes place or at which the poll is demanded, shall
 be entitled to a second or casting vote.

72. All
 questions submitted to a meeting shall be decided by an Ordinary Resolution except where
 a greater majority is required by these Articles or by the Companies Act. A poll demanded
 on the election of a chairman of the meeting or on a question of adjournment shall be taken
 forthwith. A poll demanded on any other question shall be taken at such time as the chairman
 of the meeting directs.

**Votes Of shareholders**

73. Subject
 to any rights and restrictions for the time being attached to any Share, on a show of hands
 every Shareholder present in person and every Person representing a Shareholder by proxy
 (or, if a corporation or other non-natural person, by its duly authorized representative
 or proxy) shall, at a general meeting or extraordinary general meeting of the Company, each
 have one (1) vote for each Ordinary Share and on a poll every Shareholder and every Person
 representing a Shareholder by proxy (or, if a corporation or other non-natural person, by
 its duly authorized representative or proxy) shall have one (1) vote for each for each Ordinary
 Share of which he or the Person represented by proxy is the holder.

74. In
 the case of joint holders the vote of the senior who tenders a vote, whether in person or
 by proxy (or, if a corporation or other non-natural person, by its duly authorized representative
 or proxy), shall be accepted to the exclusion of the votes of the other joint holders and
 for this purpose seniority shall be determined by the order in which the names stand in the
 Register.

75. Shares
 carrying the right to vote are held by a Shareholder of unsound mind, or in respect of whom
 an order has been made by any court having jurisdiction in lunacy, may be voted in respect
 of Shares carrying the right to vote held by him, whether on a show of hands or on a poll,
 by his committee, or other Person in the nature of a committee appointed by that court, and
 any such committee or other Person, may vote in respect of such Shares by proxy.

76. No
 Shareholder shall be entitled to vote at any general meeting of the Company unless he is
 registered as a Shareholder on the record date for such meeting or unless all calls, if any,
 or other sums presently payable by him in respect of Shares carrying the right to vote held
 by him have been paid.

77. On
 a poll votes may be given either personally or by proxy.

78. Each
 Shareholder, other than a recognised clearing house (or its nominee(s)) or depositary (or
 its nominee(s)), may only appoint one proxy on a show of hand and on a poll, each such proxy
 is under no obligation to cast all his votes in the same way. The instrument appointing a
 proxy shall be in writing under the hand of the appointor or of his attorney duly authorised
 in writing or, if the appointor is a corporation, either under Seal or under the hand of
 an Officer or attorney duly authorised. A proxy need not be a Shareholder. On a poll a Shareholder
 entitled to more than one vote need not use all his votes or cast all his votes in the same
 way.

79. An
 instrument appointing a proxy may be in any usual or common form or such other form as the
 Directors may approve and may be expressed to be for a particular meeting or any adjournment
 thereof or generally until revoked.

80. The
 instrument appointing a proxy shall be deposited at the Office or at such other place as
 is specified for that purpose in the notice convening the meeting, or in any instrument of
 proxy sent out by the Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) not
 less than forty-eight (48) hours before the time for holding the meeting or adjourned meeting
 at which the person named in the instrument proposes to vote; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in
 the case of a poll taken more than forty-eight (48) hours after it is demanded, be deposited
 as aforesaid after the poll has been demanded and not less than twenty-four (24) hours before
 the time appointed for the taking of the poll; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) where
 the poll is not taken forthwith but is taken not more than forty-eight (48) hours after it
 was demanded be delivered at the meeting at which the poll was demanded to the chairman or
 to the secretary or to any director;

<u>provided</u> that the Directors may in the notice convening the meeting, or in an instrument of proxy sent out by the Company, direct that the instrument appointing a proxy may be deposited (no later than the time for holding the meeting or adjourned meeting) at the Registered Office or at such other place as is specified for that purpose in the notice convening the meeting, or in any instrument of proxy sent out by the Company. The Chairman may in any event at his discretion direct that an instrument of proxy shall be deemed to have been duly deposited. An instrument of proxy that is not deposited in the manner permitted shall be invalid.

81. The
 instrument appointing a proxy shall be deemed to confer authority to demand or join in demanding
 a poll.

82. A
 resolution in writing signed by all the Shareholders for the time being entitled to receive
 notice of and to attend and vote at general meetings of the Company (or being corporations
 by their duly authorised representatives) shall be as valid and effective as if the same
 had been passed at a general meeting of the Company duly convened and held.

83. Votes
 given in accordance with the terms of an instrument of proxy, which has been deposited in
 accordance with Article 79, shall be valid notwithstanding the previous death or insanity
 of the principal or revocation of the proxy or of the authority under which the proxy was
 executed, or the transfer of the Share in respect of which the proxy is given unless notice
 in writing of such death, insanity, revocation or transfer was received by the Company at
 the Registered Office before the commencement of the general meeting, or adjourned meeting
 at which it is sought to use the proxy.

**Corporations Acting By Representatives At Meetings**

84. Any
 corporation which is a Shareholder or a Director may by resolution of its directors or other
 governing body authorise such Person as it thinks fit to act as its representative at any
 meeting of the Company or of any meeting of holders of a Class or of the Directors or of
 a committee of Directors, and the Person so authorised shall be entitled to exercise the
 same powers on behalf of the corporation which he represents as that corporation could exercise
 if it were an individual Shareholder or Director.

**clearing houses**

85. If
 a clearing house (or its nominee) is a Member of the Company it may, by resolution of its
 directors or other governing body or by power of attorney, authorise such person or persons
 as it thinks fit to act as its representative or representatives at any general meeting of
 the Company or at any general meeting of any class of Members of the Company provided that,
 if more than one person is so authorised, the authorisation shall specify the number and
 class of Shares in respect of which each such person is so authorised. A person so authorised
 pursuant to this Article shall be entitled to exercise the same powers on behalf of the clearing
 house (or its nominee) which he represents as that clearing house (or its nominee) could
 exercise if it were an individual Member holding the number and Class of Shares specified
 in such authorisation.

**Directors**

86. Unless
 otherwise determined by the Company in general meeting, the number of Directors shall not
 be less than three (3) and there shall be no maximum number of Directors, the exact number
 of Directors to be determined from time to time by the Board of Directors.

87. The
 Board of Directors shall have a Chairman elected and appointed by a majority of the Directors
 then in office. The Chairman shall preside as chairman at every meeting of the Board of Directors.
 To the extent the Chairman is not present at a meeting of the Board of Directors within fifteen
 minutes after the time appointed for holding the same, the attending Directors may choose
 one of their number to be the chairman of the meeting.

88. The
 Company may by Ordinary Resolution appoint any Person to be a Director.

89. The
 Directors may by the affirmative vote of a simple majority of the Directors present and voting
 at a Board meeting, appoint any person to be a Director either to fill a vacancy on the Board
 or as an addition to the existing Board.

90. An
 appointment of a Director may be on terms that the Director shall automatically retire from
 office (unless he has sooner vacated office) at the next or a subsequent annual general meeting
 or upon any specified event or after any specified period in a written agreement between
 the Company and the Director, if any; but no such term shall be implied in the absence of
 express provision. Each Director whose term of office expires shall be eligible for re-election
 at a meeting of the Members or re-appointment by the Board. A Director shall hold office
 until the expiration of his or her term or his or her successor shall have been elected and
 qualified, or until his or her office is otherwise vacated.

91. A
 Director may be removed from office by an Ordinary Resolution of the Company, notwithstanding
 anything in these Articles or in any agreement between the Company and such Director (but
 without prejudice to any claim for damages under such agreement).

92. A

 be filled by Ordinary Resolution or by the affirmative vote of a simple majority of the remaining
 Directors present and voting at a Board meeting. The notice of any meeting at which a resolution
 to remove a Director shall be proposed or voted upon must contain a statement of the intention
 to remove that Director and such notice must be served on that Director not less than ten
 (10) calendar days before the meeting. Such Director is entitled to attend the meeting and
 be heard on the motion for his removal.

93. The
 Board may, from time to time, and except as required by applicable law or Designated Stock
 Exchange Rules, adopt, institute, amend, modify or revoke the corporate governance policies
 or initiatives, which shall be intended to set forth the policies of the Company and the
 Board on various corporate governance related matters as the Board shall determine by resolution
 from time to time.

94. Subject
 to applicable law, Designated Stock Exchange Rules and the Articles, the Board may establish
 any committee of the Board as it deems appropriate from time to time, and committees of the
 Board shall have the rights, powers and privileges delegated to such committees by the Board
 from time to time.

95. A
 Director shall not be required to hold any Shares in the Company by way of qualification.
 A Director who is not a member of the Company shall nevertheless be entitled to attend and
 speak at general meetings.

96. The
 remuneration of the Directors may be determined by the Directors or by Ordinary Resolution.

97. The
 Directors shall be entitled to be paid their travelling, hotel and other expenses properly
 incurred by them in going to, attending and returning from meetings of the Directors, or
 any committee of the Directors, or general meetings of the Company, or otherwise in connection
 with the business of the Company, or to receive such fixed allowance in respect thereof as
 may be determined by the Directors from time to time, or a combination partly of one such
 method and partly the other.

**Alternate Director**

98. Any
 Director may in writing appoint another Person to be his alternate and, save to the extent
 provided otherwise in the form of appointment, such alternate shall have authority to sign
 written resolutions on behalf of the appointing Director, but shall not be authorised to
 sign such written resolutions where they have been signed by the appointing Director, and
 to act in such Director's place at any meeting of the Directors. Every such alternate
 shall be entitled to attend and vote at meetings of the Directors as the alternate of the
 Director appointing him and where he is a Director to have a separate vote in addition to
 his own vote. A Director may at any time in writing revoke the appointment of an alternate
 appointed by him. Such alternate shall not be an Officer solely as a result of his appointment
 as an alternate other than in respect of such times as the alternate acts as a Director.
 The remuneration of such alternate shall be payable out of the remuneration of the Director
 appointing him and the proportion thereof shall be agreed between them.

**Powers And Duties Of Directors**

99. Subject
 to the Companies Act, these Articles and to any resolutions passed in a general meeting,
 the business of the Company shall be managed by the Directors, who may pay all expenses incurred
 in setting up and registering the Company and may exercise all powers of the Company. No
 resolution passed by the Company in general meeting shall invalidate any prior act of the
 Directors that would have been valid if that resolution had not been passed.

100. Subject
 to these Article, the Directors may from time to time appoint any Person, whether or not
 a Director to hold such office in the Company as the Directors may think necessary for the
 administration of the Company, including but not limited to, chief executive officers, one
 or more other executive officers, the office of president, one or more vice-presidents, treasurer,
 assistant treasurer, manager or controller, and for such term and at such remuneration (whether
 by way of salary or commission or participation in profits or partly in one way and partly
 in another), and with such powers and duties as the Directors may think fit. Any Person so
 appointed by the Directors may be removed by the Directors. The Directors may also appoint
 one or more of their number to the office of managing director upon like terms, but any such
 appointment shall ipso facto terminate if any managing director ceases from any cause to
 be a Director, or if the Company by Ordinary Resolution resolves that his tenure of office
 be terminated.

101. The
 Directors may appoint any Person to be a Secretary (and if need be an assistant Secretary
 or assistant Secretaries) who shall hold office for such term, at such remuneration and upon
 such conditions and with such powers as they think fit. Any Secretary or assistant Secretary
 so appointed by the Directors may be removed by the Directors or by the Company by Ordinary
 Resolution.

102. The
 Directors may delegate any of their powers to committees consisting of such member or members
 of their body as they think fit; any committee so formed shall in the exercise of the powers
 so delegated conform to any regulations that may be imposed on it by the Directors.

103. The
 Directors may from time to time and at any time by power of attorney (whether under Seal
 or under hand) or otherwise appoint any company, firm or Person or body of Persons, whether
 nominated directly or indirectly by the Directors, to be the attorney or attorneys or authorised
 signatory (any such person being an "**Attorney**" or "**Authorised Signatory** ", respectively) of the Company for such purposes and with such powers,
 authorities and discretion (not exceeding those vested in or exercisable by the Directors
 under these Articles) and for such period and subject to such conditions as they may think
 fit, and any such power of attorney or other appointment may contain such provisions for
 the protection and convenience of Persons dealing with any such Attorney or Authorised Signatory
 as the Directors may think fit, and may also authorise any such Attorney or Authorised Signatory
 to delegate all or any of the powers, authorities and discretion vested in him.

104. The
 Directors may from time to time provide for the management of the affairs of the Company
 in such manner as they shall think fit and the provisions contained in the three next following
 Articles shall not limit the general powers conferred by this Article.

105. The
 Directors from time to time and at any time may establish any committees, local boards or
 agencies for managing any of the affairs of the Company and may appoint any Person to be
 a member of such committees or local boards and may appoint any managers or agents of the
 Company and may fix the remuneration of any such Person.

106. The
 Directors from time to time and at any time may delegate to any such committee, local board,
 manager or agent any of the powers, authorities and discretions for the time being vested
 in the Directors and may authorise the members for the time being of any such local board,
 or any of them to fill any vacancies therein and to act notwithstanding vacancies and any
 such appointment or delegation may be made on such terms and subject to such conditions as
 the Directors may think fit and the Directors may at any time remove any Person so appointed
 and may annul or vary any such delegation, but no Person dealing in good faith and without
 notice of any such annulment or variation shall be affected thereby.

107. Any
 such delegates as aforesaid may be authorised by the Directors to sub-delegate all or any
 of the powers, authorities, and discretion for the time being vested in them.

**Borrowing Powers Of Directors**

108. The
 Directors may from time to time at their discretion exercise all the powers of the Company
 to raise or borrow money and to mortgage or charge its undertaking, property and assets (present
 and future) and uncalled capital or any part thereof, or to otherwise provide for a security
 interest to be taken in such undertaking, property or uncalled capital, and to issue debentures,
 debenture stock, bonds and other securities, whether outright or as collateral, whenever
 money is borrowed or as security for any debt, liability or obligation of the Company or
 of any third party.

**The Seal**

109. The
 Seal shall not be affixed to any instrument except by the authority of a resolution of the
 Directors provided always that such authority may be given prior to or after the affixing
 of the Seal and if given after may be in general form confirming a number of affixings of
 the Seal. The Seal shall be affixed in the presence of a Director or a Secretary (or an assistant
 Secretary) or in the presence of any one or more Persons as the Directors may appoint for
 the purpose and every Person as aforesaid shall sign every instrument to which the Seal is
 so affixed in their presence.

110. The
 Company may maintain a facsimile of the Seal in such countries or places as the Directors
 may appoint and such facsimile Seal shall not be affixed to any instrument except by the
 authority of a resolution of the Directors provided always that such authority may be given
 prior to or after the affixing of such facsimile Seal and if given after may be in general
 form confirming a number of affixings of such facsimile Seal. The facsimile Seal shall be
 affixed in the presence of such Person or Persons as the Directors shall for this purpose
 appoint and such Person or Persons as aforesaid shall sign every instrument to which the
 facsimile Seal is so affixed in their presence and such affixing of the facsimile Seal and
 signing as aforesaid shall have the same meaning and effect as if the Seal had been affixed
 in the presence of and the instrument signed by a Director or a Secretary (or an assistant
 Secretary) or in the presence of any one or more Persons as the Directors may appoint for
 the purpose.

111. Notwithstanding
 the foregoing, a Secretary or any assistant Secretary shall have the authority to affix the
 Seal, or the facsimile Seal, to any instrument for the purposes of attesting authenticity
 of the matter contained therein but which does not create any obligation binding on the Company.

**Disqualification Of Directors**

112. The
 office of Director shall be vacated, if the Director:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) becomes
 bankrupt or makes any arrangement or composition with his creditors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) dies
 or is found to be or becomes of unsound mind;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) resigns
 his office by notice in writing to the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) is
 prohibited by any applicable Law or Designated Stock Exchange Rules from being a Director;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) without
 special leave of absence from the Board, is absent from meetings of the Board for five (5)
 consecutive meetings and the Board resolves that his office be vacated; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) is
 removed from office pursuant to any other provision of these Articles.

**Proceedings Of Directors**

113. The
 Directors may meet together (either within or outside the Cayman Islands) for the despatch
 of business, adjourn, and otherwise regulate their meetings and proceedings as they think
 fit. Questions arising at any meeting shall be decided by a majority of votes of the Directors
 present at a meeting. At any meeting of the Directors, each Director present in person or
 represented by his alternate shall be entitled to one vote. In case of an equality of votes
 the Chairman shall have a second or casting vote. A Director may, and a Secretary or assistant
 Secretary on the requisition of a Director shall, at any time summon a meeting of the Directors.

114. A
 Director may participate in any meeting of the Directors, or of any committee appointed by
 the Directors of which such Director is a member, by means of telephone or similar communication
 equipment by way of which all Persons participating in such meeting can communicate with
 each other and such participation shall be deemed to constitute presence in person at the
 meeting.

115. The
 quorum necessary for the transaction of the business of the Directors may be fixed by the
 Directors, and unless so fixed, if there be two or more Directors the quorum shall be two,
 and if there be one Director the quorum shall be one. A Director represented by an alternate
 Director at any meeting shall be deemed to be present for the purposes of determining whether
 or not a quorum is present.

116. A
 Director who is in any way, whether directly or indirectly, interested in a contract or transaction
 or proposed contract or transaction with the Company shall declare the nature of his interest
 at a meeting of the Directors. A general notice given to the Directors by any Director to
 the effect that he is a member of any specified company or firm or is to be regarded as interested
 in any contract or other arrangement which may thereafter be made with that company or firm
 shall be deemed a sufficient declaration of interest in regard to any contract so made. Subject
 to the Designated Stock Exchange Rules and disqualification by the chairman of the relevant
 Board meeting, a Director may vote in respect of any contract or proposed contract or arrangement
 notwithstanding that he may be interested therein and if he does so his vote shall be counted
 and he may be counted in the quorum at any meeting of the Directors at which any such contract
 or proposed contract or arrangement shall come before the meeting for consideration.

117. A
 Director may hold any other office or place of profit under the Company (other than the office
 of auditor) in conjunction with his office of Director for such period and on such terms
 (as to remuneration and otherwise) as the Directors may determine and no Director or intending
 Director shall be disqualified by his office from contracting with the Company either with
 regard to his tenure of any such other office or place of profit or as vendor, purchaser
 or otherwise, nor shall any such contract or arrangement entered into by or on behalf of
 the Company in which any Director is in any way interested, be liable to be avoided, nor
 shall any Director so contracting or being so interested be liable to account to the Company
 for any profit realised by any such contract or arrangement by reason of such Director holding
 that office or of the fiduciary relation thereby established. A Director, notwithstanding
 his interest, may be counted in the quorum present at any meeting of the Directors whereat
 he or any other Director is appointed to hold any such office or place of profit under the
 Company or whereat the terms of any such appointment are arranged and he may vote on any
 such appointment or arrangement.

118. Any
 Director may act by himself or his firm in a professional capacity for the Company, and he
 or his firm shall be entitled to remuneration for professional services as if he were not
 a Director; provided that nothing herein contained shall authorise a Director or his firm
 to act as auditor to the Company.

119. The
 Directors shall cause minutes to be made in books or loose-leaf folders provided for the
 purpose of recording:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all
 appointments of Officers made by the Directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 names of the Directors present at each meeting of the Directors and of any committee of the
 Directors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) all
 resolutions and proceedings at all meetings of the Company, and of the Directors and of committees
 of Directors.

120. When
 the chairman of a meeting of the Directors signs the minutes of such meeting the same shall
 be deemed to have been duly held notwithstanding that all the Directors have not actually
 come together or that there may have been a technical defect in the proceedings.

121. A
 resolution in writing signed by all the Directors or all the members of a committee of Directors
 entitled to receive notice of a meeting of Directors or committee of Directors, as the case
 may be (an alternate Director, subject as provided otherwise in the terms of appointment
 of the alternate Director, being entitled to sign such a resolution on behalf of his appointer),
 shall be as valid and effectual as if it had been passed at a duly called and constituted
 meeting of Directors or committee of Directors, as the case may be. When signed a resolution
 may consist of several documents each signed by one or more of the Directors or his duly
 appointed alternate.

122. The
 continuing Directors may act notwithstanding any vacancy in their body but if and for so
 long as their number is reduced below the number fixed by or pursuant to these Articles as
 the necessary quorum of Directors, the continuing Directors may act for the purpose of increasing
 the number, or of summoning a general meeting of the Company, but for no other purpose.

123. The
 Directors may elect a chairman of their meetings and determine the period for which he is
 to hold office but if no such chairman is elected, or if at any meeting the chairman is not
 present within fifteen minutes after the time appointed for holding the meeting, or if the
 Chairman is unable to or unwilling to act as the chairman, the Directors present may choose
 one of their number to be chairman of the meeting.

124. Subject
 to any regulations imposed on it by the Directors, a committee appointed by the Directors
 may elect a chairman of its meetings. If no such chairman is elected, or if at any meeting
 the chairman is not present within fifteen minutes after the time appointed for holding the
 meeting, or if the Chairman is unable to or unwilling to act as the chairman, the committee
 members present may choose one of their number to be chairman of the meeting.

125. A
 committee appointed by the Directors may meet and adjourn as it thinks proper. Subject to
 any regulations imposed on it by the Directors, questions arising at any meeting shall be
 determined by a majority of votes of the committee members present and in case of an equality
 of votes the chairman shall have a second or casting vote.

126. All
 acts done by any meeting of the Directors or of a committee of Directors, or by any Person
 acting as a Director, shall notwithstanding that it be afterwards discovered that there was
 some defect in the appointment of any such Director or Person acting as aforesaid, or that
 they or any of them were disqualified, be as valid as if every such Person had been duly
 appointed and was qualified to be a Director.

**presumption of assent**

127. A
 Director of the Company who is present at a meeting of the Board of Directors at which action
 on any Company matter is taken shall be presumed to have assented to the action taken unless
 his dissent shall be entered in the Minutes of the meeting or unless he shall file his written
 dissent from such action with the person acting as the chairman or secretary of the meeting
 before the adjournment thereof or shall forward such dissent by registered post to such person
 immediately after the adjournment of the meeting. Such right to dissent shall not apply to
 a Director who voted in favour of such action.

**Dividends**

128. Subject
 to any rights and restrictions for the time being attached to any Shares, or as otherwise
 provided for in the Companies Act and these Articles, the Directors may from time to time
 declare dividends (including interim dividends) and other distributions on Shares in issue
 and authorise payment of the same out of the funds of the Company lawfully available therefor.

129. Subject
 to any rights and restrictions for the time being attached to any Shares, the Company by
 Ordinary Resolution may declare dividends, but no dividend shall exceed the amount recommended
 by the Directors.

130. The
 Directors may determine, before recommending or declaring any dividend, to set aside out
 of the funds legally available for distribution such sums as they think proper as a reserve
 or reserves which shall, in the absolute discretion of the Directors, be applicable for meeting
 contingencies, or for equalising dividends or for any other purpose to which those funds
 may be properly applied and pending such application may in the absolute discretion of the
 Directors, either be employed in the business of the Company or be invested in such investments
 as the Directors may from time to time think fit.

131. Any
 dividend may be paid in any manner as the Directors may determine. If paid by cheque it will
 be sent through the post to the registered address of the Shareholder or Person entitled
 thereto, or in the case of joint holders, to any one of such joint holders at his registered
 address or to such Person and such address as the Shareholder or Person entitled, or such
 joint holders as the case may be, may direct. Every such cheque shall be made payable to
 the order of the Person to whom it is sent or to the order of such other Person as the Shareholder
 or Person entitled, or such joint holders as the case may be, may direct.

132. The
 Directors when paying dividends to the Shareholders in accordance with the foregoing provisions
 of these Articles may make such payment either in cash or in specie and may determine the
 extent to which amounts may be withheld therefrom (including, without limitation, any taxes,
 fees, expenses or other liabilities for which a Shareholder (or the Company, as a result
 of any action or inaction of the Shareholder) is liable).

133. Subject
 to any rights and restrictions for the time being attached to any Shares, all dividends shall
 be declared and paid according to the amounts paid up on the Shares, but if and for so long
 as nothing is paid up on any of the Shares dividends may be declared and paid according to
 the par value of the Shares. No amount paid on a Share in advance of calls shall, while carrying
 interest, be treated for the purposes of this Article as paid on the Share.

134. If
 several Persons are registered as joint holders of any Share, any of them may give effectual
 receipts for any dividend or other moneys payable on or in respect of the Share.

135. No
 dividend shall bear interest against the Company.

136. Any
 dividend unclaimed after a period of six calendar years from the date of declaration of such
 dividend may be forfeited by the Board of Directors and, if so forfeited, shall revert to
 the Company.

**Accounts, Audit and annual return and declaration**

137. The
 books of account relating to the Company's affairs shall be kept in such manner as
 may be determined from time to time by the Directors.

138. The
 books of account shall be kept at the Office, or at such other place or places as the Directors
 think fit, and shall always be open to the inspection of the Directors.

139. The
 Directors may from time to time determine whether and to what extent and at what times and
 places and under what conditions or regulations the accounts and books of the Company or
 any of them shall be open to the inspection of Shareholders not being Directors, and no Shareholder
 (not being a Director) shall have any right of inspecting any account or book or document
 of the Company except as conferred by law or authorised by the Directors or by Ordinary Resolution.

140. The
 accounts relating to the Company's affairs shall be audited in such manner and with
 such financial year end as may be determined from time to time by the Directors or failing
 any determination as aforesaid shall not be audited.

141. The
 Directors may appoint an Auditor of the Company who shall hold office until removed from
 office by a resolution of the Directors and may fix his or their remuneration.

142. Every
 Auditor of the Company shall have a right of access at all times to the books and accounts
 and vouchers of the Company and shall be entitled to require from the Directors and Officers
 of the Company such information and explanation as may be necessary for the performance of
 the duties of the auditors.

143. Auditors
 shall, if so required by the Directors, make a report on the accounts of the Company during
 their tenure of office at the next annual general meeting following their appointment, and
 at any time during their term of office, upon request of the Directors or any general meeting
 of the Members.

144. The
 Directors in each year shall prepare, or cause to be prepared, an annual return and declaration
 setting forth the particulars required by the Companies Act and deliver a copy thereof to
 the Registrar of Companies in the Cayman Islands.

**Capitalisation Of reserves**

145. Subject
 to the Companies Act and these Articles, the Directors may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) resolve
 to capitalise an amount standing to the credit of reserves (including a Share Premium Account,
 capital redemption reserve and profit and loss account), whether or not available for distribution;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) appropriate
 the sum resolved to be capitalised to the Shareholders in proportion to the nominal amount
 of Shares (whether or not fully paid) held by them respectively and apply that sum on their
 behalf in or towards:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) paying
 up the amounts (if any) for the time being unpaid on Shares held by them respectively, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) paying
 up in full unissued Shares or debentures of a nominal amount equal to that sum,

and allot the Shares or debentures, credited as fully paid, to the Shareholders (or as they may direct) in those proportions, or partly in one way and partly in the other, but the Share Premium Account, the capital redemption reserve and profits which are not available for distribution may, for the purposes of this Article, only be applied in paying up unissued Shares to be allotted to Shareholders credited as fully paid;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) make
 any arrangements they think fit to resolve a difficulty arising in the distribution of a
 capitalised reserve and in particular, without limitation, where Shares or debentures become
 distributable in fractions the Directors may deal with the fractions as they think fit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) authorise
 a Person to enter (on behalf of all the Shareholders concerned) into an agreement with the
 Company providing for either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the
 allotment to the Shareholders respectively, credited as fully paid, of Shares or debentures
 to which they may be entitled on the capitalisation, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the
 payment by the Company on behalf of the Shareholders (by the application of their respective
 proportions of the reserves resolved to be capitalised) of the amounts or part of the amounts
 remaining unpaid on their existing Shares,

and any such agreement made under this authority being effective and binding on all those Shareholders; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) generally
 do all acts and things required to give effect to any of the actions contemplated by this
 Article.

146. Notwithstanding
 any provisions in these Articles, the Directors may resolve to capitalise any sum standing
 to the credit of any of the Company's reserve accounts or funds (including the Share
 Premium Account and capital redemption reserve fund) or any sum standing to the credit of
 the profit and loss account or otherwise available for distribution by applying such sum
 in paying up in full unissued Shares to be allotted and issued to:

---

| | |
|:---|:---|
| (a). | employees (including Directors) or service providers of the Company or its Affiliates upon exercise or vesting of any options or awards granted under any share incentive scheme or employee benefit scheme or other arrangement which relates to such persons that has been adopted or approved by the Directors or the Members; |

---

---

| | |
|:---|:---|
| (b). | any trustee of any trust or administrator of any share incentive scheme or employee benefit scheme to whom shares are to be allotted and issued by the Company in connection with the operation of any share incentive scheme or employee benefit scheme or other arrangement which relates to such persons that has been adopted or approved by the Directors or Members; or |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any
 depositary of the Company for the purposes of the issue, allotment and delivery by the depositary
 of Shares or ADSs to employees (including Directors) or service providers of the Company
 or its Affiliates upon exercise or vesting of any options or awards granted under any share
 incentive scheme or employee benefit scheme or other arrangement which relates to such persons
 that has been adopted or approved by the Directors or the Members.

**Share Premium Account**

147. The
 Directors shall in accordance with the Companies Act establish a Share Premium Account and
 shall carry to the credit of such account from time to time a sum equal to the amount or
 value of the premium paid on the issue of any Share.

148. There
 shall be debited to any Share Premium Account on the redemption or purchase of a Share the
 difference between the nominal value of such Share and the redemption or purchase price provided
 always that at the determination of the Directors such sum may be paid out of the profits
 of the Company or, if permitted by the Companies Act, out of capital.

**Notices**

149. Except
 as otherwise provided in these Articles, any notice or document may be served by the Company
 or by the Person entitled to give notice to any Shareholder either personally, or by posting
 it airmail or air courier service in a prepaid letter addressed to such Shareholder at his
 address as appearing in the Register, or by electronic mail to any electronic mail address
 such Shareholder may have specified in writing for the purpose of such service of notices,
 or by facsimile or by placing it on the Company's Website should the Directors deem
 it appropriate provided that the Company shall notify the Shareholders of the placement of
 such notice by any of the means set out above. In the case of joint holders of a Share, all
 notices shall be given to that one of the joint holders whose name stands first in the Register
 in respect of the joint holding, and notice so given shall be sufficient notice to all the
 joint holders.

150. Notices
 posted to addresses outside the Cayman Islands shall be forwarded by prepaid airmail.

151. Any
 Shareholder present, either personally or by proxy, at any meeting of the Company shall for
 all purposes be deemed to have received due notice of such meeting and, where requisite,
 of the purposes for which such meeting was convened.

152. Any
 notice or other document, if served by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) post,
 shall be deemed to have been served five days after the time when the letter containing the
 same is posted;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) facsimile,
 shall be deemed to have been served upon production by the transmitting facsimile machine
 of a report confirming transmission of the facsimile in full to the facsimile number of the
 recipient;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) recognised
 courier service, shall be deemed to have been served 48 hours after the time when the letter
 containing the same is delivered to the courier service; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) electronic
 mail, shall be deemed to have been served immediately upon the time of the transmission by
 electronic mail.

In proving service by post or courier service it shall be sufficient to prove that the letter containing the notice or documents was properly addressed and duly posted or delivered to the courier service.

153. Any
 notice or document delivered or sent by post to or left at the registered address of any
 Shareholder in accordance with the terms of these Articles shall notwithstanding that such
 Shareholder be then dead or bankrupt, and whether or not the Company has notice of his death
 or bankruptcy, be deemed to have been duly served in respect of any Share registered in the
 name of such Shareholder as sole or joint holder, unless his name shall at the time of the
 service of the notice or document, have been removed from the Register as the holder of the
 Share, and such service shall for all purposes be deemed a sufficient service of such notice
 or document on all Persons interested (whether jointly with or as claiming through or under
 him) in the Share.

154. Notice
 of every general meeting of the Company shall be given to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all
 Shareholders holding Shares with the right to receive notice and who have supplied to the
 Company an address for the giving of notices to them; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) every
 Person entitled to a Share in consequence of the death or bankruptcy of a Shareholder, who
 but for his death or bankruptcy would be entitled to receive notice of the meeting.

No other Person shall be entitled to receive notices of general meetings.

**Information**

155. No
 Member shall be entitled to require discovery of any information in respect of any detail
 of the Company's trading or any information which is or may be in the nature of a trade
 secret or secret process which may relate to the conduct of the business of the Company and
 which in the opinion of the Board would not be in the interests of the Members of the Company
 to communicate to the public.

156. The
 Board shall be entitled to release or disclose any information in its possession, custody
 or control regarding the Company or its affairs to any of its Members including, without
 limitation, information contained in the Register and transfer books of the Company.

**Indemnity**

157. Every
 Director (including for the purposes of this Article any alternate Director appointed pursuant
 to the provisions of these Articles), Secretary, assistant Secretary, or other Officer (but
 not including the Company's auditors) and the personal representatives of the same
 (each an "**Indemnified Person**") shall be indemnified and secured harmless
 against all actions, proceedings, costs, charges, expenses, losses, damages or liabilities
 incurred or sustained by such Indemnified Person, other than by reason of such Indemnified
 Person's own dishonesty, wilful default or fraud as determined by a court of competent
 jurisdiction, in or about the conduct of the Company's business or affairs (including
 as a result of any mistake of judgment) or in the execution or discharge of his duties, powers,
 authorities or discretions, including without prejudice to the generality of the foregoing,
 any costs, expenses, losses or liabilities incurred by such Indemnified Person in defending
 (whether successfully or otherwise) any civil proceedings concerning the Company or its affairs
 in any court whether in the Cayman Islands or elsewhere.

158. No
 Indemnified Person shall be liable:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) for
 the acts, receipts, neglects, defaults or omissions of any other Director or Officer or agent
 of the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) for
 any loss on account of defect of title to any property of the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) on
 account of the insufficiency of any security in or upon which any money of the Company shall
 be invested; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) for
 any loss incurred through any bank, broker or other similar Person; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) for
 any loss occasioned by any negligence, default, breach of duty, breach of trust, error of
 judgement or oversight on such Indemnified Person's part; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) for
 any loss, damage or misfortune whatsoever which may happen in or arise from the execution
 or discharge of the duties, powers, authorities, or discretions of such Indemnified Person's
 office or in relation thereto;

unless the same shall happen through such Indemnified Person's own dishonesty, wilful default or fraud as determined by a court of competent jurisdiction.

**Financial Year**

159. Unless
 the Directors otherwise prescribe, the financial year of the Company shall end on 31 December
 in each year and shall begin on 1 January in each year.

**Non-Recognition Of Trusts**

160. No
 Person shall be recognised by the Company as holding any Share upon any trust and the Company
 shall not, unless required by law, be bound by or be compelled in any way to recognise (even
 when having notice thereof) any equitable, contingent, future or partial interest in any
 Share or (except only as otherwise provided by these Articles or as the Companies Act requires)
 any other right in respect of any Share except an absolute right to the entirety thereof
 in each Shareholder registered in the Register.

**Winding Up**

161. If
 the Company shall be wound up the liquidator may, with the sanction of a Special Resolution
 of the Company and any other sanction required by the Companies Act, divide amongst the Members
 in kind the whole or any part of the assets of the Company (whether they shall consist of
 property of the same kind or not) and may for that purpose value any assets and determine
 how the division shall be carried out as between the Members or different classes of Members.
 The liquidator may, with the like sanction, vest the whole or any part of such assets in
 trustees upon such trusts for the benefit of the Members as the liquidator, with the like
 sanction, shall think fit, but so that no Member shall be compelled to accept any asset upon
 which there is a liability.

162. If
 the Company shall be wound up, and the assets available for distribution amongst the Members
 shall be insufficient to repay the whole of the share capital, such assets shall be distributed
 so that, as nearly as may be, the losses shall be borne by the Members in proportion to the
 par value of the Shares held by them. If in a winding up the assets available for distribution
 amongst the Members shall be more than sufficient to repay the whole of the share capital
 at the commencement of the winding up, the surplus shall be distributed amongst the Members
 in proportion to the par value of the Shares held by them at the commencement of the winding
 up subject to a deduction from those Shares in respect of which there are monies due, of
 all monies payable to the Company for unpaid calls or otherwise. This Article is without
 prejudice to the rights of the holders of Shares issued upon special terms and conditions.

**Amendment Of Articles Of Association**

163. Subject
 to the Companies Act and the rights attaching to the various Classes, the Company may at
 any time and from time to time by Special Resolution alter or amend these Articles in whole
 or in part.

**Closing of register or fixing record date**

164. For
 the purpose of determining those Shareholders that are entitled to receive notice of, attend
 or vote at any meeting of Shareholders or any adjournment thereof, or those Shareholders
 that are entitled to receive payment of any dividend, or in order to make a determination
 as to who is a Shareholder for any other purpose, the Directors may provide that the Register
 shall be closed for transfers for a stated period which shall not exceed in any case 30 days.
 If the Register shall be so closed for the purpose of determining those Shareholders that
 are entitled to receive notice of, attend or vote at a meeting of Shareholders the Register
 shall be so closed for at least ten days immediately preceding such meeting and the record
 date for such determination shall be the date of the closure of the Register.

165. In
 lieu of or apart from closing the Register, the Directors may fix in advance a date as the
 record date for any such determination of those Shareholders that are entitled to receive
 notice of, attend or vote at a meeting of the Shareholders and for the purpose of determining
 those Shareholders that are entitled to receive payment of any dividend the Directors may,
 at or within 90 days prior to the date of declaration of such dividend, fix a subsequent
 date as the record date for such determination.

166. If
 the Register is not so closed and no record date is fixed for the determination of those
 Shareholders entitled to receive notice of, attend or vote at a meeting of Shareholders or
 those Shareholders that are entitled to receive payment of a dividend, the date on which
 notice of the meeting is posted or the date on which the resolution of the Directors declaring
 such dividend is adopted, as the case may be, shall be the record date for such determination
 of Shareholders. When a determination of those Shareholders that are entitled to receive
 notice of, attend or vote at a meeting of Shareholders has been made as provided in this
 Article, such determination shall apply to any adjournment thereof.

**Registration By Way Of Continuation**

167. The
 Company may by Special Resolution resolve to be registered by way of continuation in a jurisdiction
 outside the Cayman Islands or such other jurisdiction in which it is for the time being incorporated,
 registered or existing. In furtherance of a resolution adopted pursuant to this Article,
 the Directors may cause an application to be made to the Registrar of Companies to deregister
 the Company in the Cayman Islands or such other jurisdiction in which it is for the time
 being incorporated, registered or existing and may cause all such further steps as they consider
 appropriate to be taken to effect the transfer by way of continuation of the Company.

**disclosure**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168. The
 Directors, or any service providers (including the Officers, the Secretary and the registered
 office agent of the Company) specifically authorised by the Directors, shall be entitled
 to disclose to any regulatory or judicial authority or to any stock exchange on which securities
 of the Company may from time to time be listed any information regarding the affairs of the
 Company including without limitation information contained in the Register and books of the
 Company.

## Exhibit 99.1

**Exhibit 99.1**

**Ten-League International Holdings Limited Announces 1-for-10 Reverse Share Split Effective May 1, 2026**

SINGAPORE, April 29, 2026 (GLOBE NEWSWIRE) – Ten-League International Holdings Limited (NASDAQ: TLIH) ("TLIH" or "we," "our," or the "Company"), a Singapore-based provider of turnkey project solutions, today announced that on April 6, 2026, its board of directors approved a reverse split of its ordinary shares, par value US$0.000025 (the "Ordinary Shares"), on a one-for-ten basis (the "Reverse Share Split"). The Company's Ordinary Shares will begin trading on the Nasdaq Stock Market LLC ("Nasdaq") on a post-split basis on May 1, 2026 under the symbol "TLIH" under a new CUSIP number – G8763W201.

As a result of the Reverse Share Split, each ten (10) issued and outstanding Ordinary Shares will be combined into one (1) Ordinary Share, automatically and without any action by shareholders. The Reverse Share Split will result in a proportional increase in par value from US$0.000025 per share to US$0.00025 per share and an adjustment of the Company's authorized share capital to 2,000,000,000 Ordinary Shares with a par value of US$0.00025 each. After giving effect to the Reverse Share Split, the Company expects to have approximately 2,940,435 Ordinary Shares issued and outstanding. The Reverse Share Split is intended to increase the market price per share of the Company's Ordinary Shares to allow the Company to maintain its Nasdaq listing.

No fractional shares will be issued as a result of the Reverse Share Split. Shareholders who would be entitled to a fractional share as a result of the Reverse Share Split shall have their entitlement rounded up to the nearest whole share.

The Reverse Share Split was approved by a vote of the Company's shareholders at its extraordinary meeting of shareholders held on April 13, 2026.

The Company's transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Ordinary Shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.

**About Ten-League International Holdings Limited**

Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company's business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. The equipment is organized into four categories based on their functions and application scenarios: foundation equipment, hoist equipment, excavation equipment and port machinery. The Company also provides value-added engineering solutions under engineering consultancy services with the aim to address potential safety issues, enhance reliability and productivity and allow for customers to evaluate the performance of the equipment, the quality of the work completed and the progress of their projects. Ten-League's mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair through continuous adaptation and application of new technologies. For more information, please visit the Company's website: <u>https://ir.ten-league.com.sg/</u>.

**Forward-Looking Statements**

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

**For more information, please contact:**

**Ten-League International Holdings Limited**

Investor Relations Department

Email: <u>ir@ten-league.com.sg</u>

**Ascent Investor Relations LLC**

Tina Xiao

Phone: +1 646-932-7242

Email: <u>investors@ascent-ir.com</u>