Irrevocable Surrender of Ordinary Shares Agreement between Meijin Energy Holdings Ltd. and Prospect Energy Holdings Corp.

Contract Categories: Business Finance Stock Agreements
Summary

Meijin Energy Holdings Ltd. has agreed to irrevocably surrender 6,468,750 ordinary shares of Prospect Energy Holdings Corp. for cancellation without receiving any payment. This action is taken in accordance with Cayman Islands law and is confirmed by Meijin Energy Holdings Ltd., which states that no share certificates have been issued for these shares as of the agreement date, August 14, 2023.

EX-10.9 13 ex10-9.htm

 

Exhibit 10.9

 

Prospect Energy Holdings Corp.

c/o Ogier Global (Cayman) Limited

89 Nexus Way, Camana Bay,

Grand Cayman

Cayman Islands

KY1-9009

Attention: The Directors

 

Date August 14, 2023:

 

Irrevocable notice of surrender of ordinary shares for nil consideration, in accordance with section 37B of the Companies Act (As Revised) of the Cayman Islands

 

We hereby irrevocably surrender to the Company for cancellation and for nil consideration 6,468,750 ordinary shares of a par value of US$0.0001 each standing in our name in the register of members of the Company as of 14 August 2023.

 

We confirm that the Company has not, as at the date of this letter, issued any share certificate to us.

 

/s/Jeffrey Jing Zie  
for and on behalf of  
Meijin Energy Holdings Ltd.  
Name: Jeffrey Jing Xie  
Title: Director