On 25 September 2025, Hunlicar Group Limited (亨利加集團有限公司), a Cayman Islands exempted company limited by shares, adopted an amended and restated Memorandum and Articles of Association. The document affirms the company’s name, confirms its registered office in Grand Cayman, and reiterates that its objectives include acting as a holding company, making investments, coordinating subsidiary policy, and conducting business activities in compliance with relevant laws and requirements.
According to the Memorandum, the company’s authorized share capital is HK$80,000,000, divided into 800,000,000 shares at a nominal or par value of HK$0.10 each. The provisions clarify that directors may issue shares, determine different share classes, and facilitate redemptions or purchases of shares when permitted under the Companies Act. The limit of each member’s liability remains restricted to the amount unpaid on that member’s shares.
The Articles outline procedures for convening and conducting general meetings (including the possibility of electronic and hybrid meetings), transferring shares, and exercising shareholder rights. They also set forth corporate governance rules for the Board of Directors, including the power to issue and forfeit shares, appoint alternate directors, and configure borrowing authority. The newly adopted text addresses untraceable members, treasury shares, dividend distributions, and winding-up processes, noting that any surplus upon liquidation will be allocated to members subject to their respective shareholdings.
The updated Memorandum and Articles state that the directors are empowered to organize the company’s operations efficiently under Cayman Islands law, covering details such as record dates, reserves, indemnification of officers, and administrative matters. These revisions are scheduled to take effect following the resolution passed on 25 September 2025, serving as the latest governing framework for Hunlicar Group Limited (亨利加集團有限公司).
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