Exhibit 10.19





 


Our Ref: JTC(L) JTC(L)
6512/59


 


3 September 2014


 


Reebonz Pte Ltd


 


21 Tai Seng Street BY
HAND #04-00


 


Singapore 534166


 


Attention: Mr. Samuel Lim


 


Dear Sirs,


 


APPLICATION
FOR LAND KNOWN AS PRIVATE LOT A3003310 AT 26 METERS WIDE ROAD SUBJECT TO OFFICAL NAMING IN THE FUTURE IN TAMPINES NORTH INDUSTRIAL
ESTATE


 


		1	1.1	We
                                         refer to your application for land and are pleased to inform you that subject to :



 


		(a)	the approval of the relevant governmental
                                         and statutory authorities (“Authorities”); and



 


		(b)	your unconditional
                                         acceptance of the covenants, stipulations, terms and conditions in the attached Schedule
                                         of Building Terms (“BT”) and in this letter in the manner stipulated
                                         in paragraph 7 below,



 


we
are prepared to grant you a licence for the Licence Term with effect from the Licence Commencement Date to complete
the Building Works at the Land for the purpose of the Authorised Use only and for no other purpose.


 


LO-BT(Inland)/[Land Premium]/1
May 2014 (revised fr 1 Feb 2014) JCSL +sr


 




    Page 1 


     


    

 


		1.2	Upon
                                         fulfillment of the fixed investment criteria in paragraph 3 below and compliance
                                         with all the covenants, stipulations, terms and conditions in this letter and the BT
                                         and provided that no Agreed Event (defined in clause 2.29 of the First
                                         Schedule Lease) has occurred, a lease of the Land and the buildings for
                                         the Lease Term with retrospective effect from the Licence Commencement Date shall be
                                         granted for the purpose of the Authorised Use only and for no other purpose, subject
                                         to the covenants, stipulations, terms and conditions in the First Schedule Lease.



 


		1.3	(a)	This
                                         letter and the BT constitute the full terms and conditions governing your agreement with
                                         us during the Licence Term.



 


		(b)	This letter
                                         and the First Schedule Lease in the BT constitute the full terms and conditions governing
                                         your agreement with us during the Lease Term.1



 


		(c)	In the
                                         BT and the First Schedule Lease where the context permits, reference to “this BT”
                                         or “this Lease” wherever appearing therein shall be construed to include
                                         reference to this letter. A breach of any of your obligations in this letter shall accordingly
                                         be deemed to be in breach of your obligations in the BT (and thus your agreement with
                                         us) or the First Schedule Lease, entitling us, without prejudice to any other right or
                                         remedy we may have, to exercise our rights under clause 4.1 of the BT or clause
                                         4.4 of the ML.



 


		(d)	Any variation,
                                         modification, amendment, deletion, addition or otherwise of the terms of this letter,
                                         the BT or the First Schedule Lease shall not be enforceable unless reduced in writing
                                         and signed by both parties. No terms or representation or otherwise, whether expressed
                                         or implied, shall form part of this letter, the BT or the First Schedule Lease other
                                         than what is contained herein.



 


		(e)	In the event of any inconsistency
                                         or conflict between any covenant, term, condition or stipulation of this letter and the
                                         BT or First Schedule Lease (as the case may be), the relevant covenant, term, condition
                                         or stipulation in this letter shall prevail.



 


		2	Definitions



 


For the purpose of this
letter and the BT, the following expressions shall have the following meanings :-


 


		2.1	“Area”
                                         : 8,000.00 square metres, the estimated area of the Land, subject to survey as provided
                                         in clause 2.1 in Part I of Annex A of the First Schedule Lease. The Preliminary
                                         Survey Plan reflecting the Preliminary Survey Area will be handed over to you in due
                                         course.



 


 






		1	Note
                                         to Customer :Clause 3 of the BT contains the details of when the Lease
                                         Term will be granted to you. If the Lease Term (or Reduced Term) is granted, the actual
                                         instrument of lease will then be issued to you for signing and thereafter for registration
                                         with the Singapore Land Authority.



 


LO-BT(Inland)/[Land Premium]/1
May 2014 (revised fr 1 Feb 2014) JCSL +sr


 




    Page 2 


     


    

 


	 	2.2	“Authorised
    Use”	:	the
    use permitted during the Lease Term, namely Highly automated e-fulfilment hub with value- added services, e.g. break bulk,
    quality control, pick and pack, digital imaging, publishing and product care only.
	 	 	 	 	 
	 	2.3	“Building
    Works”	:	construction
    and completion of buildings, structures, installations, equipment, fixtures and fittings at the Land.
	 	 	 	 	 
	 	2.4	“First
    Schedule Lease”	:	the
    form of lease attached to the BT which includes the ML referred to in paragraph 2.11 below.
	 	 	 	 	 
	 	2.5	“Land”	:	Pte
    Lot A3003310 at 26 METERS WIDE ROAD SUBJECT TO OFFICAL NAMING IN THE FUTURE, forming part of Government Survey
    Lot 00446PPt Mukim No. MK29 and situated in the Republic of Singapore, as shown edged in red on the plan
    attached, and shall include any part of it.
	 	 	 	 	 
	 	 	 	 	For
    lodging of caveats with the Singapore Land Authority, please see paragraph 12 below.
	 	 	 	 	 
	 	2.6	“Lease
    Term”	:	A
    period of 30 years.
	 	 	 	 	 
	 	2.7	“Licence
    Commencement Date”	:	01
    December 2014
	 	 	 	 	 
	 	2.8	“Licence
    Term”	:	3
    years.
	 	 	 	 	 
	 	2.9	“Licensee”,
    which expression shall include its successors-in- title and permitted assigns, if any	:	Reebonz
    Pte Ltd (Registration No. 200909470E), a company incorporated in Singapore and having its registered office at 21 Tai
    Seng Street #04-00 Singapore 534166.
	 	 	 	 	 
	 	2.10	“Licensee’s
    Obligations”	:	covenants,
    terms,conditions,stipulations, undertakings and obligations to be performed, fulfilled and observed by you.
	 	 	 	 	 
	 	2.11	“ML”	:	the
    memorandum of lease registered with the Singapore Land Authority as Instrument No. IB/293564T (also known as ML
    11.12A) referred to in the First Schedule Lease.


 


LO-BT(Inland)/[Land Premium]/1
May 2014 (revised fr 1 Feb 2014) JCSL +sr


 




    Page 3 


     


    

 


	 	2.12	“Owner”,
    which expression shall include its successors-in- title and assigns	:	Jurong
    Town Corporation (also known as “JTC Corporation”) a body corporate incorporated under the Jurong Town Corporation
    Act and having its office at The JTC Summit, 8 Jurong Town Hall Road, Singapore 609434.
	 	 	 	 	 
	 	2.13	“Prohibition Period”	:	the
    period from the Licence Commencement Date until the expiry of 15 years from –
	 	 	 	 	 
	 	 	 	 	(a)      the
    date of our written confirmation of your fulfillment of the fixed investment criteria; or
	 	 	 	 	 
	 	 	 	 	(b)      the
    date of our written confirmation that we have received the Spring Singapore Written Confirmation (definedin paragraph
    6.5 below),
	 	 	 	 	 
	 	 	 	 	for
    a lease term, whichever is the later date.
	 	 	 	 	 
	 	2.14	“Specified Date”	:	03
    December 2013, being the date you submitted full information to us (to our satisfaction) for your application for Land.


 


		3	Investment Criteria



 


		3.1	You shall :



 


		(a)	fulfil
                                         your declared aggregate investment on plant and machinery on the Land of at least $6,694,960
                                         (“fixed investment criteria”) of which at least $5,000,000
                                         must consist of new investment on plant and machinery and the remainder may consist
                                         of the net book value of your existing plant and machinery (WMS, AIDC and storage equipment)
                                         that have been invested or to-be invested between October 2013 and November 2014 to be
                                         moved to the Land as submitted on the Specified Date; and



 


		(b)	develop
                                         the Land –



 


		(b1)	to a minimum gross floor area at
                                         the gross plot ratio of not less than 2.5 (“Minimum Required GPR”),
                                         as declared by you, but not more than 2.5 (“Maximum GPR”);
                                         and



 


		(b2)	in
                                         accordance with the Aesthetic Control Guidelines,



 


all
within the Licence Term, and comply fully with and ensure full compliance with this letter and the BT. The Submission Deadline
for showing due proof of fulfillment of the fixed investment criteria under clause 3.1(a)(a3) of the BT is 31 May
2018.


 


LO-BT(Inland)/[Land Premium]/1
May 2014 (revised fr 1 Feb 2014) JCSL +sr


 




    Page 4 


     


    

 


		3.2	Appendix
                                         A of this letter contains the details of prorating of the Lease Term if we exercise
                                         our absolute discretion, as stipulated in clause 4.2 of the BT, to grant you a
                                         Reduced Term instead of not granting you any Lease Term at all. For avoidance of doubt,
                                         please note that under our current policy, we will in any case not grant you any Lease
                                         Term (ie, there will be no prorating whatever) if you fail within the Licence Term to
                                         meet the fixed investment criteria to qualify for a Reduced Term of at least 10 years.



 


		3A	Value
                                         Added, Remuneration and Number of Workers Declaration



 


Your
application for the Land contained a declaration of your value added, remuneration and number of workers, information we additionally
relied on in deciding whether to allocate the Land and issue the Offer letter documents to you. You shall therefore submit, by
a further declaration, details of your actual value added remuneration and number of worker as at 30 November 2019 (“5
Year Mark”). The further declaration shall be :


 


		3A.1	in
                                         the form set out in Appendix A1; and



 


		3A.2	submitted
                                         to us within 6 months from the 5 Year Mark together with your external auditor’s
                                         statement verifying the information and data in the further declaration.



 


		4	Possession of the Land



 


		4.1	Possession of the Land may be given
                                         to you within 2 months before the Licence Commencement Date, subject to due acceptance
                                         of this letter in accordance with paragraph 7 below. If so, then you shall be
                                         deemed a licensee upon the same terms and conditions in this letter and the BT from the
                                         date of possession until the Licence Commencement Date.



 


		4.2	If however we :



 


		(a)	exercise our right to Enforce under
                                         clause 4.1 of the BT; or



 


		(b)	grant you consent to terminate the
                                         BT, or surrender part of the Land, in accordance with clause 5 of the BT,



 


then
we shall also be entitled to recover from you as a debt, and you shall pay to us the equivalent of licence fees, property tax,
Outgoings, and GST, for the period commencing on the day possession of the Land is given to you until the day before the Licence
Commencement Date, in addition to all the amounts you are obliged to pay to us under or in connection with clauses 4.1
or 5 of the BT.


 


LO-BT(Inland)/[Land Premium]/1
May 2014 (revised fr 1 Feb 2014) JCSL +sr


 




    Page 5 


     


    

 


		5	Land Price and Licence Fee/Annual
                                         Rent Consideration



 


		5.1	The Land Price :



 


		5.1.1	You
                                         shall pay a price of $7,280,000.00 for the Land for the Lease Term (“Land
                                         Premium”) calculated at a rate of $ 910 per square metre of the
                                         Area.



 


		5.1.2	You
                                         shall –



 


		(a)	pay
                                         as part of the Mode of Due Acceptance of Offer in accordance with paragraph 7
                                         below and the Payment Table attached –



 


		(a1)	an
                                         initial down payment of 10% $(728,000) of the Land Premium;



 


		(a2)	the
                                         total GST on the whole of the Land Premium; and



 


		(b)	pay the
                                         balance of the Land Premium by the Licence Commencement Date at the latest.



 


		5.2	You
                                         shall also pay a licence fee/land rent2 of $12/- (“annual
                                         rent”) as follows:



 


		5.2.1	The
                                         annual rent is due and payable in advance on the first day of January in each year. However,
                                         as a condition of due acceptance of this letter, the annual rent and GST from the Licence
                                         Commencement Date to 31 December 2014 shall be paid together with your Letter
                                         of Acceptance in accordance with paragraph 7 below and the Payment Table
                                         attached. Thereafter, your next advance annual payment for the period 1 January
                                         2015 to 31 December 2015 is due on 1 January 2015.



 


		5.2.2	However,
                                         payment of the annual rent is temporarily waived until such a time as we may, in our
                                         absolute discretion, determine. But the BT will still contractually reflect the annual
                                         rent. You will be notified in writing should we decide to cease the waiver of payment
                                         of annual rent.






 





 






		2	Note
                                         to Customer: Land rent in this context and in the context of paragraph 10
                                         below refers to the yearly/annual rent as stipulated in the BT referred to in this
                                         offer.



 


LO-BT(Inland)/[Land Premium]/1
May 2014 (revised fr 1 Feb 2014) JCSL +sr


 






    Page 6 


     


    




 


		6	Additional Conditions



 


		6.1	Qualified
                                         Person’s Certification






 











The
certification by the Qualified Person as stipulated in clause 2.7(d) of the BT shall be in the form attached at Appendix
C and shall be submitted to us within 3 years and 6 months from the Licence Commencement Date, i.e. by 31 May
2018 (“Submission Deadline”).


 


		6.2	Design
                                         Aesthetics



 


You
shall ensure that the building, boundary walls, landscaping works are aesthetically designed to our satisfaction. You shall also
comply with the attached Urban Design Guidelines (UDG) for the subject site.


 


		6.3	Replacement
                                         Authorised Use Sub-clause (Pte Ltd Cos)



 


The
following clause 2.27(b) shall replace the clause 2.27(b) in the First Schedule Lease :


 


		“(b)	Not
                                         to change the Authorised Use except with the prior written consent of the Lessor, Provided
                                         That the Lessee may only submit an application for such change in the Authorised Use
                                         if there has not been a change of more than 51% of the shareholding of the Lessee
                                         in the five (5)-year period immediately preceding the date of such application.
                                         In giving its consent, the Lessor may in his absolute discretion impose terms and conditions,
                                         including but not limited to requiring the Lessee to meet the fixed investment criteria
                                         and to show due proof of it within such period of time as the Lessor may stipulate.



 


		6.4	Proposed
                                         Permanent Road



 


		(a)	You
                                         shall allow us, our workmen, agents and their contractors and subcontractors access and
                                         a working area within the Land, free of charge, of 3 metres in width along the
                                         whole allocated boundary of the Land facing the proposed permanent road during the whole
                                         of our infrastructure development period.



 


		(b)	Until
                                         completion of permanent roads, public sewers, public drains, water pipes and street lighting
                                         for Tampines North Industrial Estate, you shall make temporary arrangements with the
                                         relevant governmental and statutory authorities to obtain public utilities and services
                                         such as electricity, water, and sewerage facilities.



 


		(c)	You
                                         shall accept the Land with full knowledge that the proposed permanent road shown on the
                                         plan attached is yet to be constructed and shall further accept the provision
                                         of a temporary road should the proposed permanent road development be delayed, and shall
                                         not hold us liable for any inconvenience, damage or loss whatsoever thereby suffered
                                         by you, your agents, contractors, subcontractors, workmen or visitors.



 


LO-BT(Inland)/[Land
Premium]/1 May 2014 (revised fr 1 Feb 2014) JCSL +sr


 




    Page 7 


     


    

 


		(d)	You
                                         shall confine access to and from the Land only through the proposed permanent road to
                                         be developed by us. However, until such road is developed by us you shall confine your
                                         access to such areas and locations as may be permitted by us in writing which shall depend
                                         on the position of the temporary road which may be provided by us.



 


		(e)	The
                                         exemption from liability in clause 2.20 of the ML and your indemnity in clause
                                         2.24 of the ML shall also apply in connection with this paragraph 6.4.



 


		6.5	Spring
                                         Singapore’s Conditions



 


		(a)	You
                                         are required to submit to us, by the Submission Deadline (i.e. 31 May 2018),
                                         a written confirmation (“Spring Singapore Written Confirmation”)
                                         from Spring Singapore (an agency under the Ministry of Trade and Industry), confirming
                                         unconditionally that you have, within the Licence Term, complied with all conditions
                                         imposed by Spring Singapore as set out Appendix G.



 


		(b)	Please
                                         note that we will also not grant you any lease term if we do not receive the Spring
                                         Singapore Written Confirmation by the Submission Deadline.



 


		(c)	The
                                         clauses set out in the attached Appendix H shall replace clause 3
                                         and clause 4 of the BT. For the avoidance of any doubt, the Submission
                                         Deadline under clause 3.1(a)(a4) of the BT is 31 May 2018.



 


		6.6	No
                                         Change in Shareholders / Shareholding at all times



 


During
the Prohibition Period, you are required, at all times, and at your own cost and expense, to obtain our prior written approval
(which we are not obliged to give) before any proposed change or change to shareholding status as shown in Appendix I.
If consent is granted, such consent shall be subject to such conditions as may be imposed by us. The restriction in Section 17
of the Conveyancing and Law of Property Act (Chapter 61) shall not apply; and


 


		6.7	Mandatory
                                         Occupation Requirement



 


		(a)	At
                                         all times from the date of the first Temporary Occupation Permit for the Building Works
                                         (“First TOP Date”) until the expiry of the Prohibition Period
                                         (“Mandatory Occupation Period”), you are required to occupy
                                         -



  





		(a1)	at
                                         least 50% of the total gross floor area of the Land/Demised Premises during
                                         the first three (3) years from the First TOP Date (“First
                                         3 Years”); and


  


LO-BT(Inland)/[Land
Premium]/1 May 2014 (revised fr 1 Feb 2014) JCSL +sr





 



    Page 8 


     


    










 


		(a2)	at
                                         least 70% of the total gross floor area of the Land/Demised Premises after
                                         the First 3 Years and during the remaining Prohibition Period,



 


(collectively
referred to as “Mandatory Occupation Requirement”).


  


		(b)	For the
                                         avoidance of any doubt, during the Mandatory Occupation Period, without prejudice
                                         to the generality of clause 2.22 of the BT/clause 2.29 of the First Schedule
                                         Lease,3 you may, subject always to your keeping to the Mandatory
                                         Occupation Requirement, be permitted, subject to our prior written consent (which
                                         we are not obliged to give) and on such terms and conditions as we may impose in our
                                         absolute discretion, to sublet the relevant remaining total gross floor
                                         area of the Land/Demised Premises to a Subtenant(s) (as defined in Annex B of
                                         our current guidebook, “Subletting your premises”. For information, the guidebook
                                         is available for viewing at http://www.jtc.gov.sg), if any, as may be authorised by us
                                         for such period as we may permit in our absolute discretion in accordance with the terms,
                                         covenants and conditions of the BT/First Schedule Lease (and any variation thereto).



  


		6.8	Return
                                         / Surrender the Land during Prohibition Period



 


		(a)	The
                                         clause set out in the attached  Appendix J shall replace
                                         clause 2.29 of the First Schedule Lease.



 


		(b)	If
                                         any Agreed Event (defined in clause 2.29 of the First Schedule Lease) occurs before
                                         the Lease Term (or Reduced Term) is granted, you are required to return / surrender
                                         the Land to us within such time as stipulated by us, and in such event, clauses 5.1,
                                         5.2, 7 and 8 of the BT, shall also apply.



 


		(c)	If,
                                         after the Lease Term (or Reduced Term) is granted, any Agreed Event (defined
                                         in the said clause 2.29 of the First Schedule Lease) should occur during the Prohibition
                                         Period, then pursuant to clause 2.29 of the First Schedule Lease, you are required
                                         to (amongst other things) return / surrender the Land to us.



 





 






		3	These are the assignment/subletting
                                         Prohibition/Restriction clause



 


LO-BT(Inland)/[Land
Premium]/1 May 2014 (revised fr 1 Feb 2014) JCSL +sr


 






    Page 9 


     


    

  





		7	Mode of Due Acceptance



 


Your
due acceptance of this letter in accordance with this paragraph 7 shall constitute a binding agreement. The offer under
this letter shall lapse and an application deposit of $36,094.66 (one month land rental inclusive of 7% GST) shall be payable
to JTC if we do not receive all of the following by 17 September 2014. In the event where :-





  


		7.1	the
                                         duly signed and stamped original letter of acceptance, in the form set out in the Letter
                                         of Acceptance attached (Please date as required in your letter of acceptance).
                                         Please note that the letter of acceptance must be stamped within 14 days from
                                         the date of the letter of acceptance. Your lawyer will advise you on the stamp duty payable
                                         to IRAS and arrange for the stamping. (Information is also available at the IRAS website
                                         at http://www.iras.gov.sg);



  


		7.2	payment
                                         of the sum set out in the Payment Table attached; and



 


		7.3	the
                                         duly completed GIRO authorisation form or a copy of your letter of authorisation
                                         to your banker mentioned in paragraph 10 below.



 


		8	Clearance
                                         of Payments



 


Please
note that payments made prior to you giving us the other items listed above may be cleared by and credited to us upon receipt.
However, if the other items are not received within the time stipulated herein, the offer under this letter shall lapse and there
shall be no contract between you and us arising hereunder. Any payments received shall then be refunded to you without interest
and you shall have no claim of whatever nature against us.


 


		9	Notice of Mortgage/Charge



 


Upon
due acceptance of this Offer, you may mortgage your interest by giving us a Notice of Mortgage in accordance with
our Practice Circular dated 8 September 2008 if the proposed mortgagee/chargee is a financial institution permitted
by the laws of Singapore to lend to you on security of a mortgage/charge. A summary of the Practice Circular is attached at NOM
Summary Appendix D of this letter. Please note that -


 


		9.1	Your
                                         lawyers may submit the Notice of Mortgage on your behalf.



 


		9.2	The
                                         Practice Circular may, be retrieved from our website at http://www.jtc.gov.sg
                                         under the icon “Customer Service” (or scroll all the way down
                                         to “Quick Links” and click “Policies and Procedures”), and then
                                         clicking these icons in the following order : “Existing Customer”,
                                         “Managing Your Lease”, “Practice Circular”, “Correspondence
                                         or Annex A”.



 


		9.3	Should
                                         you have any queries concerning the Practice Circular, you may contact any of these persons
                                         from our Legal Services Division at the following telephone numbers -



 





	Ms Rani Hubert	-	6883
    3181
	 	 	 
	Ms Tong Meow Hoon	-	6883
    3196
	 	 	 
	Ms Yeo Poh Lay	-	6883
    3190





 


LO-BT(Inland)/[Land
Premium]/1 May 2014 (revised fr 1 Feb 2014) JCSL +sr


  



    Page 10 


     


    




  


		10	Mode of Payment



 


		10.1	Your
                                         first payment to be made with your letter of acceptance pursuant to paragraph 7
                                         above and the attached Payment Table shall be by non-cash mode (eg,
                                         cashier’s order, cheque etc).



 


		10.2	Thereafter,
                                         during the Licence Term and subsequent Lease Term, if any, you shall pay the annual rent,
                                         and GST by Interbank GIRO or any other mode to be determined by us.



 


		10.3	We
                                         enclose the Giro authorisation form for your completion.



 


		10.4	However,
                                         pending the GIRO arrangement being finalised, you shall pay the annual rent and GST as
                                         they fall due by cheque/cash.



 


		11	11.1	To guide and assist you, please
                                         refer to the following :



 


		(a)	A
                                         “Schedule of Statutory Controls for Land and Standard Factory Customers”as
                                         well as the Plan Submission Fact Sheet.



 


As stated therein, these
are subject to change from time to time by the Authorities.


 


		(b)	The
                                         Easy & Practical Housekeeping Guide. This Guide is also subject to change
                                         from time to time.



 


However, we make no representation
as to the accuracy of their contents or otherwise, and you or your consultants should make independent enquiries to verify the
information and obtain any other information you may need.


 


		11.2	As
                                         for property tax, please note that you have to inform the Chief Assessor immediately
                                         upon obtaining TOP for the building and structures. And if you at any time thereafter
                                         rebuild, enlarge, alter or improve the building and structures, you may also wish to
                                         provide the development details to the Chief Assessor. A copy of IRAS’ circular
                                         is attached at Appendix F. If you have any queries concerning property
                                         tax matters, please contact IRAS via ptav@iras.gov.sg or via their hotline at
                                         number 1800-356 8300.



 


		11.3	You
                                         may also wish to note the following :



 


		(a)	You are
                                         required to take the Land on an “as is where is” basis. Please see clause
                                         2.5 of the BT and clause 4.3 of the ML.



 


LO-BT(Inland)/[Land
Premium]/1 May 2014 (revised fr 1 Feb 2014) JCSL +sr





 






    Page 11 


     


    







 


		(b)	The current zoning for the Land is
                                         Business 1.



 


		(c)	The
                                         height restrictions (if any) indicated in the Plan Submission Fact Sheet. Please note
                                         that these are subject to change at any time without prior notice by the Authorities.



 


		12	Lodgement of Caveats
                                         with the Singapore Land Authority



 


		12.1	Singapore
                                         Land Authority (“SLA”) will accept caveats only if the whole government survey lot number has been obtained from the Chief Surveyor
                                         of Singapore. Caveats lodged with a part lot number (ie, part of a large lot)
                                         and a plan annexed will be rejected by SLA.



 


		12.2	Consequently,
                                         as the Government Survey Lot number mentioned in paragraph 2.5 above is presently
                                         only a part-lot number, please obtain the whole lot number for the Land
                                         (“caveat lot number”) if you and your mortgagee-financier wish
                                         to lodge caveats in respect of your/your mortgagee’s interest in the Land.



 


		12.3	If
                                         you wish to obtain a caveat lot number, please note the following :



 


		(a)	You
                                         must first have duly accepted the offer under this letter in accordance with the Mode
                                         of Due Acceptance in paragraph 7 above (including ensuring that any Due Acceptance
                                         payments made by cheque have been cleared by the bank).



 


		(b)	You may contact our Land Planning
                                         Division directly at Tel: 6883 3153 or Fax: 6885
5880. Our Land Planning Division will apply to the Chief Surveyor for a caveat lot number.



  


		(c)	For
                                         further clarifications on the government survey lot number or the caveat lot number,
                                         you may also contact our Land Planning Division at Tel: 6883 3153 or Fax:
                                         6885 5880. You may also want to view SLA’s website for information on the
                                         lodging of caveats at http://www.sla.gov.sg/doc/new/lr03.pdf.



 







	Yours faithfully	 
	 	 
	/s/ Pang Cheng Long	 








 


Mr Pang Cheng Long


Assistant Manager


Lifestyle Department


Food & Lifestyle Cluster





DID
      : 6883 3315


FAX
      : 6565 5301

E-MAIL : PANG_Cheng_Long@jtc.gov.sg


 


LO-BT(Inland)/[Land
Premium]/1 May 2014 (revised fr 1 Feb 2014) JCSL +sr


 






    Page 12 


     


    

  


ATTACHMENT


 


PART 1


 


The
following enclosures marked are attached to this offer letter
:


 





	Payment
    Table	 	GIRO Forms	Allocation
    Plan
	[paras
    7 + 10]	 	[paras 7 + 10]	[para 2.5 & 6.4(c)]
	 	 	 	 
	Letter of Acceptance	 	Appendix A (Prorating
    of	 
	Form
    [para 7]	 	Lease Term) [para 3]	 


 


	Appendix
    A1 (Specimen Form for Declaration of Actual Value Added, Remuneration & Number of Workers) [para 3A]	☐	Appendix
    B (CAAS Height Control Guidelines & Requirements)







 





	Appendix
    B1/1 (Plan Submission Fact Sheet) 

    [para 11.1(a)]	 	Appendix
    B1/2 (Height Restrictions) 

    [para 11.3(c)]
	 	 	 
	Appendix
    C (QP Certification Form) 

    [para 6.1]	 	Appendix D
    (NOMPractice     Circular Summary) 
     [para
    9]
	 	 	 
	☐    Jurong
    Island landscaping guidelines 
     [para
    6.]	 	Appendix
    F (IRAS Circular on Property Tax) 

    [para 11.2]










 


Appendix G (Spring
Singapore’s conditions) [para 6.5]


 


Appendix H (Amendment
to clause 3 and 4 of the BT) [para 6.5]


 


Appendix I (No change
in shareholders / shareholding) [para 6.6]


 


Appendix J (Amendment
to clause 2.29 of the First Schedule Lease) [para 6.8]





 


PART 2


 


	Schedule of Building Terms 
 [para 1.1]	 	Memorandum
    of Lease 11.12A No. IB/293564T 

[paras 2.4]
	 	 	 	 
	First Schedule Lease 
 [para 2.4]	 	Aesthetics
    Control Guidelines 

[para 3.2(b)]


 





	☐	Appendix
    B2 [Technical Guideline on Environment Baseline Study (2010 Edition)] 

[para 6.]	 	Schedule
    of Statutory Controls for Land, Standard Factory And Workshop Customers 

[para 11.1(a)]
	 	 	 	 
	The Easy & Practical Housekeeping Guide 
 [Para 11.1(b)]	 	Urban
    Design Guidelines (UDG) 

[para 6.2] 


 




     


     


    

 


PAYMENT
TABLE


 


PREMISES:
PRIVATE LOT A3003310 AT PLOT 26 METERS WIDE ROAD

SUBJECT TO OFFICAL NAMING IN THE FUTURE IN TAMPINES NORTH

INDUSTRIAL ESTATE


 





	 	 	Amount	 	 	GST
    at the prevailing rate	 
	 	 	 	 	 	 	 
	Land Premium	 	$	7,280,000.00	 	 	$	509,600.00	 
	 	 	 	 	 	 	 	 	 
	Annual rent from Licence
    Commencement Date to 31 December 2014	 	$	 Waived	 	 	$	 Waived	 
	 	 	 	 	 	 	 	 	 
	Survey fee (subject to
    adjustment on completion of final survey)	 	$	4,820.00	 	 	$	337.40	 
	 	 	 	 	 	 	 	 	 
	URA processing fee (subject
    to adjustment on completion of final survey)	 	$	1,000.00	 	 	$	70.00	 
	 	 	 	 	 	 	 	 	 
	Singapore Land Authority
    fee (subject to adjustment on completion of final survey)	 	$	3121.50	 	 	$	218.50	 
	 	 	 	 	 	 	 	 	 
	Cost of preparation of
    the Lease at $150/-	 	$	150.00	 	 	$	10.50	 
	 	 	 	 	 	 	 	 	 
	Sub-Total
    Payable	 	$	7,289,091.50	 	 	$	510,236.40	 
	 	 	 	 	 	 	 	 	 
	Total
    Payable inclusive of GST at prevailing rate	 	$	7,799,327.90	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Less
    : Initial Down Payment (To be paid during Acceptance of Offer)	 	$	1,237,600.00	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Net Total
    Payable by Licence Commencement Date	 	$	6,561,727.90