--------------------------------------------------------------------------------

Exhibit 10.1
PGCG ASSETS HOLDINGS SDN. BHD.
 
(Company No. 983271-U)
 
SUBSCRIPTION AGREEMENT
 
PGCG ASSETS HOLDINGS SDN. BHD. [Company No. 983271-U], a company incorporated in
Malaysia under the Companies Act, 1965 with its registered office at No. 37-2
(Room 1), 2nd Floor, Jalan Metro Perdana 7, Taman Usahawan Kepong, Kepong Utara,
52100 Kuala Lumpur Malaysia (the “Company”), has authorized capital stock
consisting of 5,000,000 shares of Common Stock, par value RM$1.00 per share
(“Common Stock”).  The Company now desires to issue and sell to the undersigned
(the “Subscriber”), and the Subscriber desires to purchase from the Company, the
number of shares of Common Stock set forth below next to the Subscriber’s name
on the signature page hereto (such shares, the “Shares”) in connection with an
offering of up to ____________ shares of Common Stock at a purchase price of
RM$_______ per share, up to an aggregate of _____________(the “Offering”).
 
NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained in this Agreement, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:
 
1.  
Purchase.

 
     (a)  
Subject to the terms and conditions hereof, the Subscriber agrees to purchase
from the Company, and the Company agrees to issue and sell to the Subscriber,
the Shares at an aggregate purchase price equal to the aggregate amount set
forth next to the Subscriber’s name on the signature page hereto (the “Funds”).

 
     (b)  
The Company has authorized the issuance and sale of the Shares subject to the
terms and conditions hereof.

 
     (c)  
Contemporaneously with the Subscriber’s execution and delivery to the Company of
an executed counterpart to this Agreement, the Subscriber shall tender the Funds
to the Company by wire transfer of immediately available funds to an account or
accounts specified in writing by the Company to the Subscriber.

 
2.  
Delivery of Agreement.  The Subscriber hereby delivers to the Company, and the
Company hereby accepts, an executed counterpart of this Subscription Agreement

 
3.  
Representations and Warranties of the Subscriber.  The Subscriber hereby
represents and warrants to the Company that:

 
    (a)
 
 
  
The Subscriber:  (i) if a natural person, represents that he or she has reached
the age of 21 and has full power and authority to execute and deliver this
Agreement and all other related agreements or certificates and to carry out the
provisions hereof and thereof and has adequate means for providing for his or
her current financial needs and anticipated future needs and possible
contingencies and emergencies and has no need for liquidity in the investment in
the Shares; (ii) if a corporation, partnership, association, joint stock
company, trust, unincorporated organization or other entity, represents
that:  such entity was not formed for the specific purpose of acquiring the
Shares; such entity is duly organized, validly existing and (if applicable in
the applicable jurisdiction) in good standing (or similar status under local
law) under the laws of the jurisdiction of its organization; the consummation of
the transactions contemplated hereby will not result in a violation of its
charter or other organizational documents; such entity has full power and
authority to execute and deliver this Agreement and all other related agreements
or certificates and to carry out the provisions hereof and thereof and to
purchase and hold the Shares; the execution and delivery of this Agreement has
been duly authorized by all necessary corporate or other action on its part; and
this Agreement has been duly executed and delivered on behalf of such entity;
(iii) if executing this Agreement in a representative or fiduciary capacity,
represents that it has full power and authority to execute and deliver this
Agreement in such capacity and on behalf of the subscribing individual, ward,
partnership, trust, estate, corporation or other entity for whom the undersigned
is executing this Agreement, and such individual, ward, partnership, trust,
estate, corporation or other entity has full right and power to perform his, her
or its obligations pursuant to this Agreement and make an investment in the
Company, and that this Agreement constitutes a legal, valid and binding
obligation of such subscribing individual, ward, partnership, trust, estate,
corporation or other entity; and (iv) the execution and delivery of this
Agreement will not violate or be in conflict with any order, judgment,
injunction, agreement or controlling document to which the Subscriber (or, if
applicable, such subscribing individual, ward, partnership, trust, estate,
corporation or other entity) is a party or by which he, she or it is bound;

 
 
-1-

--------------------------------------------------------------------------------

 
     (b)  
The Subscriber has received and reviewed this Agreement ; it, its attorney and
its accountant have had access to, and an opportunity to review, all documents
and other materials requested of the Company; it and they have been given an
opportunity to ask any and all questions of, and receive answers from, the
Company concerning the terms and conditions of the offering and to obtain all
information that it or they believe necessary or appropriate to verify the
accuracy of this Agreement, all Exhibits hereto and any other documents and
materials requested of the Company and to evaluate the suitability of an
investment in the Shares; and, in evaluating the suitability of an investment in
the Shares, it and they have not relied upon any representations or other
information (whether oral or written);

 
     (c)  
Assuming due execution and delivery by the Company of this Agreement, this
Agreement constitutes the legal, valid and binding obligation of the Subscriber,
enforceable against the Subscriber in accordance with its terms, subject to
applicable bankruptcy, insolvency, reorganization, moratorium and other laws
affecting creditors’ rights and remedies generally and subject, as to
enforceability, to general principles of equity (regardless of whether
enforcement is sought in a proceeding at law or in equity); and

 
     (d)  
No broker has acted on behalf of the Subscriber in connection with this
Agreement, and there are no brokerage commissions, finders’ fees or commissions
payable in connection herewith based on any agreement, arrangement or
understanding with the Subscriber or any action taken by the Subscriber.

 
4.  
Representations and Warranties of the Company.  The Company hereby represents
and warrants to the Subscriber that:

 
     (a)  
Organization.  The Company is duly organized and validly existing under the laws
of Malaysia  and has the corporate power and authority to own its properties and
assets and to carry on its business as now conducted.  The Company is duly
qualified or authorized to do business as a foreign corporation in each
jurisdiction in which the conduct of its business or the ownership of its
properties or assets requires such qualification or authorization, except where
the failure to be so qualified would not reasonably be expected to have,
individually or in the aggregate, a material adverse effect on the Company.

 
 
-2-

--------------------------------------------------------------------------------

 
     (b)  
Authorization of Agreement; Enforceability.  The Company has all requisite
corporate power and authority to execute and deliver this Agreement and to
perform its obligations hereunder.  The execution, delivery and performance by
the Company of this Agreement have been duly authorized by all necessary
corporate action on the part of the Company.  This Agreement has been duly and
validly executed and delivered by the Company and, assuming the due
authorization, execution and delivery thereof by the Subscriber, this Agreement
constitutes the legal, valid and binding obligation of the Company, enforceable
against the Company in accordance with its terms, subject to applicable
bankruptcy, insolvency, reorganization, moratorium and other laws affecting
creditors’ rights and remedies generally and subject, as to enforceability, to
general principles of equity (regardless of whether enforcement is sought in a
proceeding at law or in equity).

 
5.  
Reliance.  The Subscriber acknowledges and agrees that the Company and its
agents are relying on the truth and accuracy of the foregoing representations
and warranties in the offering of the Shares for sale to the Subscriber without
having first registered the Shares under the Securities Act.  All
representations, warranties and covenants contained in this Subscription
Agreement shall survive the execution and delivery of this Subscription
Agreement and the consummation of the transactions contemplated hereunder.

 
6.  
Restrictions on Transfer of the Shares.

 
     (a)  
No Transfer; Opinion of Counsel.  The Subscriber acknowledges that there are
restrictions on the transferability of the Shares.  Since the Shares are not
registered under the Securities Exchange laws, the Subscriber acknowledges and
agrees that it shall have no right at any time to sell, assign, pledge,
hypothecate, distribute (as a dividend or otherwise), transfer or otherwise
dispose of or encumber the Shares (except by will or by the laws of descent and
distribution), unless the Company shall first have been provided with an opinion
of counsel acceptable to the Company that such sale is exempt from such
registration under the Securities Act and any applicable  securities laws.

 
7.  
Notice to Subscriber.  Correspondence and notices to the Subscriber shall be
sent to the address listed below the signature of the Subscriber on the
signature page of this Agreement until such time as the Subscriber shall notify
the Company, in writing, of a different address to which such correspondence and
notices are to be sent.

 
8.  
Miscellaneous.

 
     (a)  
The Subscriber agrees that this Agreement is not transferable or assignable.

 
     (b)  
The Subscriber agrees that, except as expressly permitted by any
applicable  law, the Subscriber may not cancel, terminate or revoke this
Agreement or any agreement of the Subscriber made hereunder, and this Agreement
shall survive the death or legal disability of the Subscriber and shall be
binding upon the Subscriber’s heirs, executors, administrators, successors and
assigns.

 
 
-3-

--------------------------------------------------------------------------------

 
     (c)  
This Agreement and the Exhibits hereto constitute the entire agreement among the
parties hereto with respect to the subject matter hereof and may be amended only
by a writing executed by both parties.

 
     (d)  
Headings are for convenience only and are not deemed to be part of this
Agreement.

 
     (e)  
This Agreement may be executed in two or more counterparts, each of which shall
be deemed an original, but all of which together will constitute one and the
same instrument.  A facsimile, telecopy or other reproduction of this Agreement
may be executed by one or more parties hereto, and an executed copy of this
Agreement may be delivered by one or more parties hereto by facsimile or similar
instantaneous electronic transmission device, pursuant to which the signature
of, or on behalf of, such party can be seen, and such execution and delivery
shall be considered valid, binding and effective for all purposes as of the date
first written above.  At the request of any party hereto, all parties hereto
agree to execute an original of this Agreement, as well as any facsimile,
telecopy or other reproduction hereof.

 
     (f)  
This Agreement and the rights and obligations of the parties hereunder shall be
enforced, governed and construed in all respects in accordance with the internal
substantive laws of Malaysia (without reference to principles of conflicts or
choice of law that would cause the application of the internal laws of any other
jurisdiction).

 
     (g)  
If any part of any provision of this Agreement or any other agreement or
document given pursuant to or in connection with this Agreement shall be invalid
or unenforceable in any respect, such part shall be ineffective to the extent of
such invalidity or unenforceability only, without in any way affecting the
remaining parts of such provision or the remaining provisions of this Agreement.

 
9.  
Confidentiality. Except as may be required by applicable law or as otherwise
agreed among the parties hereto, neither the Company nor the Subscriber nor any
of their respective Affiliates (as defined below) shall at any time divulge,
disclose, disseminate, announce or release any information to any person
(i) concerning this Agreement or the transactions contemplated hereby, without
first obtaining the prior written consent of the other party hereto or (ii) any
trade secrets or other confidential information of the other  party hereto (or
its Affiliates), without first obtaining the prior written consent of such other
party hereto; provided, however, that each party shall be entitled to disclose
information with respect to the Subscriber’s investment in the Company on any
reports such Subscriber furnishes to its investors or as otherwise required by
any federal, state, local or foreign law (including common law), statute, code,
ordinance, rule, regulation or other requirement or guideline.  An “Affiliate”
of any specified person shall mean any other person that directly or indirectly
controls, or is under common control with, or is controlled by, such specified
person.  As used in this definition, “control” (including with its correlative
meanings, “controlled by” and “under common control with”) shall mean the
possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of a person (whether through ownership
of securities or partnership or other ownership interests, by contract or
otherwise).

 
 
[Signature Page Follows]
 
 
-4-

--------------------------------------------------------------------------------

 
IN WITNESS WHEREOF, the Subscriber has executed this Subscription Agreement as
of January 20  , 2014.
 

 
SUBSCRIBER:
 
 

         
Total Ringgit Amount of Subscription
          RM$
Company Number
 
Price Per Share
               
Total Number of Shares

 
 

 
Mailing Address and Phone Number of Subscriber:
 
______________________________
 
______________________________
 
______________________________
 
Telephone: _____________________
 

 
Accepted and agreed to as of January 20, 2014:
 
PGCG ASSETS HOLDINGS SDN. BHD.

By:  ____________________________________
Name: Liong Tat Teh
Title: Chief Financial Officer

Mailing Address and Phone Number of Company:
 
11-2, Jalan 26/70A,
Desa Sri Hartamas
50480 Kuala Lumpur
Malaysia
Telephone:  03 6201 3198  Fax :  03 6201 3226
 

--------------------------------------------------------------------------------