EX-3.1 3 s001969x7_ex3-1.htm EXHIBIT 3.1
Exhibit 3.1
 
 
BERMUDA

THE COMPANIES ACT 1981

MEMORANDUM OF ASSOCIATION OF COMPANY LIMITED BY SHARES
Section 7(1) and (2)

MEMORANDUM OF ASSOCIATION

OF

Forward March Limited

(hereinafter referred to as “the Company”)

1.
The liability of the members of the Company is limited to the amount (if any) of the time being unpaid on the shares respectively held by them.

2.
The undersigned, namely,

 
Name and Address
Bermudian Status
(Yes or No)
Nationality
Number of Shares
Subscribed
         
 
Compass Administration Services Ltd.
Crawford House
50 Cedar Avenue
Hamilton HM 11
Yes
Bermuda
1

do hereby agree to take such number of shares of the Company as may be allotted to us by the provisional director(s) of the Company, not exceeding the number of shares for which we have subscribed, and to satisfy such calls as may be made by the directors, provisional director(s) or promoters of the Company in respect of the shares allotted to us respectively.

3.
The Company is to be an exempted Company as defined by the Companies Act 1981.

4.
The Company, with the consent of the Minister of Finance, has power to hold land situate in Bermuda not exceeding ___ in all, including the following parcels: -N/A

5.
The authorised share capital of the Company is USD$12,000.00 divided into 120,000,000 shares of par value US$0.0001 each.

6.
the objects for which the Company is formed and incorporated are unrestricted.

7.
The following are provision regarding the powers of a Company:

i)
Has the powers of a natural person;

ii)
Subject to the provisions of Section 42 of the Companies Act 1981, has the power to issue preference shares which at the option of the holders thereof are to be liable to be redeemed;

iii)
Has the power to purchase its own shares in accordance with the provisions of Section 42A of the Companies Act 1981; and

iv)
Has the power to acquire its own shares to be held as treasury shares in accordance with the provisions of Section 428 of the Companies Act 1981.

Signed by subscribed in the presence of a witness attesting the signature thereof:-

/s/ Laetitia Hupman
  
/s/ Alexandra Schweizer
Laetitia Hupman
  
(Witness)
Duly authorised, for and on behalf of
    
Compass Administration Services Ltd.
    
     
(Subscriber)
    

Subscribed this 28th day of February 2017