Commercial
Banking – Local Corporate Team D


XXXXXXXXXX


 


CONFIDENTIAL


Sun Line Industrial
Ltd


Unit 2101 21/F


Aitken Vanson
Centre


61 Hoi Yuen
Road


Kwun Tong


	Kowloon	29 November 2012


 


Attn : Mr Sze-To
Kin Sun


 


Dear Sir


 


BANKING FACILITY


A/C NO. XXXXXXXXXX


 


With reference
to our recent discussion, we are pleased to advise that we have reviewed and renewed your following banking facility (the “Facility”)
under the Special Loan Guarantee Scheme (the “Scheme”) sponsored by the Government of the Hong Kong Special Administrative
Region (“HKSARG”). The Bank will have an unrestricted discretion to cancel or suspend, or determine whether or not to
permit drawings in relation to, the Facility. The Facility is subject to review at any time and in any event by 15 September 2013,
and also subject to the Bank’s overriding right of repayment on demand, including the right to call for cash cover on demand
for prospective and contingent liabilities. For the purpose of the Scheme, the term “Facility Letter” shall, therefore,
mean this Facility Letter as may be amended or supplemented from time to time.


 


In the event
of a renewal of the Facility next year or by 15 September 2013, whichever is earlier, the Bank will issue a renewal notification
letter to confirm the continuation of the latest available Facility. A review fee will be advised and this shall be debited automatically
from your account within 1 month of the issuance of the notification letter.


 


	Non-Revolving Loan – present outstanding	HKD5,340,000.-


 


Interest on
the Loan will continue to be charged at 1.25% per annum over 3 months HIBOR (Hong Kong Interbank Offered Rate) payable at the end
of each interest period to the debit of your current account. The applicable HIBOR will generally be based on our quotation at
or about 11:00 am or at the time of request, as appropriate, on the date of rollover.


 


“HIBOR”
means in respect of an advance or loan, the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits
in the currency for in an amount and period comparable to such advance or loan from the Hong Kong interbank market.


 


The Loan will
continue to be repaid by 7 quarterly installments each of HKD666,000.- and a final installment of HK678,000.- to the debit of your
current account. Our ability to demand repayment at any time shall not be affected by the payment schedule as specified above.
Any amount repaid for whatever reason may not be redrawn.


 


The
Hongkong and Shanghai Banking Corporation Limited


HSBC Main Building,
1 Queen’s Road Central, Hong Kong


Tel:
(852) 2822 1111 Fax: (852) 3418 4748


Swift: HSBCHKHH


Web: www.hsbc.com.hk


Incorporated
in the Hong Kong SAR with limited liability 


Registered
at the Hong Kong Companies Registry No 263876


 




    	Page 1 of 3



    	 



    

 


	Sun
    Line Industrial Ltd	29
    November 2012


 


General
conditions for the utilisation of the HIBOR Loan facility:-


 


		a)	24 hours advance notice of rollover is to be given to
us.



 


		b)	Each rollover to be for periods (interest period) of 3 months.



 


		c)	With our prior approval, (which will not be withheld, provided we are satisfied that the funds utilised are generated from
your internal resources, out of cash flow rather than from external re-financing) during an interest period the total amount of
a drawing may, with 48 hours advance notice to us, be repaid subject to the usual charges (i.e. the differential between the return
we would have received had the loan run to maturity and the return we are able to obtain by the placing of the funds repaid for
the remainder of the period in the market).



 


		d)	Amounts repaid in advance will not be available for redrawing and will be applied to repayment of the total amount outstanding
in reverse order of maturity.



 


We reserve
the right to renegotiate the HIBOR interest spreads should any event occur which changes the basis on which HIBOR interest margins
are presently calculated.


 


Please note
that our Loans Section is responsible for the administration of HIBOR facility. For rate quotations and other day to day administrative
matters, please contact Ms XXXXXXXXXX on telephone number XXXXXXXXXX.


 


Default
Interest


 


Please
note that interest will be payable on sums which are overdue, drawings which are in excess of agreed limits and amounts demanded
and not paid, at the maximum rate stipulated in the Bank’s Tariff which is accessible at https://www.commercial.hsbc.com.hk/1/2/commercial/customer-service/tariffs. The Bank will provide you with a hard copy of the Tariff at your request. Interest
at the applicable rate will be payable monthly in arrears to the debit of your current account.


 


Accrual
of Interest and Other Sums


 


Please note
that interest and other sums expressed to be chargeable or payable on a periodic basis will nonetheless accrue from day to day
and amounts so accrued may be demanded at any time.


 


Security


 


As security,
we continue to hold:


 


		1.	A Guarantee dated 6 October 2009 relating to the Non-Revolving Loan Facility by HKSARG under the Special Loan Guarantee Scheme.



 


		2.	A Guarantee limited to HKD12,000,000.- (together with default interest and other costs and expenses) dated 22 July 2009 from
Plastec International Holdings Ltd together with Board Minutes dated 16 July 2009.



 


		3.	A Guarantee limited to HKD12,000,000.- (together with default interest and other costs and expenses) dated 22 July 2009 from
Mr Sze-To Kin Sun.



 


Please note
that all costs and expenses (including legal fees) incurred by us in connection with the extension of the Facility and any matters
arising are to be reimbursed by you on demand.


 




    	Page 2 of 3



    	 



    

 




 


	Sun Line Industrial Ltd	29 November 2012


 


To comply with
the Code of Banking Practice and guidance given by the Courts, the Bank needs to obtain your consent before it can provide a copy
or summary of the Facility, or information on your outstanding liabilities to the Bank, to any guarantor or security provider (the
“Surety”) or to the Surety’s advisors. In addition, if the Bank is obliged to make any formal demand for repayment
because you have failed to settle an amount due following our customary reminder, the Bank will also need to provide the Surety
with a copy of its Demand Letter. Whether or not the Bank has made demand, the Bank will also need to provide the Surety with a
copy of the latest statement of account and/or to give the Surety details of your outstanding liabilities to the Bank, whether
actual or contingent. By accepting this letter, you are deemed to have consented to the Bank providing any of the aforesaid documents
or information to the Surety, to the Surety’s solicitors and other professional advisers. Please note that if this consent
is not given, the Bank will be unable to proceed with the transaction.


 


All existing
terms and conditions of the above mentioned Facility remain unchanged as detailed in our letter of 8 July 2009.


 


Please
arrange for the authorised signatories of your company, in accordance with the terms of the mandate given to the Bank,
to sign and return to us the duplicate copy of this letter to signify your confirmation as to the correctness of the security
held, and your continued understanding and acceptance of the terms and conditions under which the Facility is granted.


 


Unless expressed
in writing from you to the contrary, we may provide any information relating to any of your accounts with us and any facilities
we may provide to you from time to time or their conduct or any other information concerning your relationship with us to any other
company or office which at the relevant time belongs to or is part of the HSBC Group.


 


Unless expressly
agreed otherwise by us, we may transfer all or any part of our obligations under this Facility Letter or in respect of any of the
facilities to any person by delivering to you a notice in writing. Such transfer shall take effect as from the effective date specified
in the notice and we shall thereafter be released from such obligations.


 


Section
83 of the Banking Ordinance


 


Please note
that Section 83 of the Banking Ordinance has imposed on us as a bank certain limitations on advances to persons related to our
directors or employees. In acknowledging this Facility Letter you should advise us whether you are in any way related to any of
our directors or employees within the meaning of Section 83 and in the absence of such advice we will assume that you are not so
related. We would also ask, should you become so related subsequent to acknowledging this facility letter, that you immediately
advise us in writing.


 


The Facility
will remain open for acceptance until the close of business on 20 December 2012 and if not accepted by that date will be deemed
to have lapsed.


 


	We are pleased to be of continued assistance.	 
	 	Accepted by:-
	 	 
	Yours faithfully	For and on behalf of
	 	Sun Line Industrial Ltd
	 	 
	(Signed)	
	Authorized Signatory 	(Signed by SZE-TO Kin Sun
	Vice President	and NING Ho Leung)
	ML/dcz	(authorised signature(s) with company chop, if any)
	Encl	18 MAR 2013
	 	


 




    	Page 3 of 3



    	 



    

 





 


Commercial
Banking – Local Corporate Team D


XXXXXXXXXX


 


CONFIDENTIAL


Sun Line Industrial
Ltd


Unit 2101 21/F


Aitken Vanson
Centre


61 Hoi Yuen
Road


Kwun Tong


	Kowloon	29 November 2012


 


Attn : Mr Sze-To
Kin Sun


 


Dear Sir


 


BANKING FACILITY


A/C NO.
XXXXXXXXXX


 


With reference
to our recent discussion, we are pleased to advise that we have reviewed and renewed your following banking facility (the “Facility”)
under the SME Loan Guarantee Scheme – For Working Capital Loans (the “Scheme”) sponsored by the Government of the Hong
Kong Special Administrative Region (“HKSARG”). The Bank will have an unrestricted discretion to cancel or suspend, or
determine whether or not to permit drawings in relation to, the Facility. The Facility is subject to review at any time and in
any event by 15 September 2013, and also subject to the Bank’s overriding right of repayment on demand, including the right
to call for cash cover on demand for prospective and contingent liabilities. For the purpose of the Scheme, the term “Facility
Letter” shall, therefore, mean this Facility Letter as may be amended or supplemented from time to time.


 


In the event
of a renewal of the Facility next year or by 15 September 2013, whichever is earlier, the Bank will issue a renewal notification
letter to confirm the continuation of the latest available Facility. A review fee will be advised and this shall be debited automatically
from your account within 1 month of the issuance of the notification letter.


 


FACILITY


 


	A loan facility (the “Loan”) – present outstanding	HKD4,800,000.-


 


Interest on
the Loan will continue to be charged at 1.25% per annum over 3 months HIBOR (Hong Kong Interbank Offered Rate) payable at the end
of each interest period to the debit of your current account. The applicable HIBOR will generally be based on our quotation at
or about 11:00 am or at the time of request, as appropriate, on the date of rollover.


 


“HIBOR”
means in respect of an advance or loan, the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits
in the currency for in an amount and period comparable to such advance or loan from the Hong Kong interbank market.


 


The Loan will
continue to be repaid by 8 quarterly installments each of HKD600,000.- to the debit of your current account. Our ability to demand
repayment at any time shall not be affected by the payment schedule as specified above. Any amount repaid for whatever reason may
not be redrawn.


 


	The Hongkong and Shanghai Banking Corporation Limited	 
	HSBC Main Building, 1 Queen’s Road Central, Hong Kong	 
	Tel: (852) 2822 1111 Fax: (852) 3418 4748	 
	Swift: HSBCHKHH	 
	Web: www.hsbc.com.hk	 
	Incorporated in the Hong Kong SAR with limited liability	 
	Registered at the Hong Kong Companies Registry No 263876	 


 








    	Page 1 of 3



    	 



    



 


	Sun Line Industrial Ltd	29 November 2012


 


General
conditions for the utilisation of the HIBOR Loan facility:-


 


		a)	24 hours advance notice of rollover is to be given to
us.



 


		b)	Each rollover to be for periods (interest period) of
3 months.



 


		c)	With our prior approval, (which will not be withheld, provided we are satisfied that the funds
utilised are generated from your internal resources, out of cash flow rather than from external re-financing) during an interest
period the total amount of a drawing may, with 48 hours advance notice to us, be repaid subject to the usual charges (i.e. the
differential between the return we would have received had the loan run to maturity and the return we are able to obtain by the
placing of the funds repaid for the remainder of the period in the market).



 


		d)	Amounts repaid in advance will not be available for redrawing and will be applied to repayment
of the total amount outstanding in reverse order of maturity.



 


We
reserve the right to renegotiate the HIBOR interest spreads should any event occur which changes the basis on which HIBOR interest
margins are presently calculated.


 


Please
note that our Loans Section is responsible for the administration of HIBOR facility. For rate quotations and other day to day administrative
matters, please contact Ms XXXXXXXXXX on telephone number XXXXXXXXXX


 


Default
Interest


 


Please
note that interest will be payable on sums which are overdue, drawings which are in excess of agreed limits and amounts demanded
and not paid, at the maximum rate stipulated in the Bank’s Tariff which is accessible at https://www.commercial.hsbc.com.hk/1/2/commercial/customer-service/tariffs.
The Bank will provide you with a hard copy of the Tariff at your request. Interest at the applicable rate will be payable monthly
in arrears to the debit of your current account.


 


Accrual
of Interest and Other Sums


 


Please
note that interest and other sums expressed to be chargeable or payable on a periodic basis will nonetheless accrue from day to
day and amounts so accrued may be demanded at any time.


 


Security


 


As
security, we continue to hold:


 


		1.	A Guarantee dated 22 September 2009 relating to the Loan
Facility by HKSARG under the Scheme.



 


		2.	A Guarantee limited to HKD12,000,000. - (together with default interest and other costs and expenses)
dated 22 July 2009 from Plastec International Holdings Ltd with Board Minutes dated 16 July 2009.



 


		3.	A Guarantee limited to HKD12,000,000.- (together with default interest and other costs and expenses)
dated 22 July 2009 from Mr Sze-To Kin Sun.



 


Please
note that all costs and expenses (including legal fees) incurred by us in connection with the extension of the Facility and any
matters arising are to be reimbursed by you on demand.


 




    	Page 2 of 3



    	 



    

 


	Sun Line Industrial Ltd	29 November 2012


 


To
comply with the Code of Banking Practice and guidance given by the Courts, the Bank needs to obtain your consent before it can
provide a copy or summary of the Facility, or information on your outstanding liabilities to the Bank, to any guarantor or security
provider (the “Surety”) or to the Surety’s advisors. In addition, if the Bank is obliged to make any formal demand
for repayment because you have failed to settle an amount due following our customary reminder, the Bank will also need to provide
the Surety with a copy of its Demand Letter. Whether or not the Bank has made demand, the Bank will also need to provide the Surety
with a copy of the latest statement of account and/or to give the Surety details of your outstanding liabilities to the Bank, whether
actual or contingent. By accepting this letter, you are deemed to have consented to the Bank providing any of the aforesaid documents
or information to the Surety, to the Surety’s solicitors and other professional advisers. Please note that if this consent
is not given, the Bank will be unable to proceed with the transaction.


 


All
existing terms and conditions of the above mentioned Facility remain unchanged as detailed in our letter of 8 July 2009.


 


Please
arrange for the authorised signatories of your company, in accordance with the terms of the mandate given to the Bank,
to sign and return to us the duplicate copy of this letter to signify your confirmation as to the correctness of the security
held, and your continued understanding and acceptance of the terms and conditions under which the Facility is granted.


  


Unless
expressed in writing from you to the contrary, we may provide any information relating to any of your accounts with us and any
facilities we may provide to you from time to time or their conduct or any other information concerning your relationship with
us to any other company or office which at the relevant time belongs to or is part of the HSBC Group.


 


Unless
expressly agreed otherwise by us, we may transfer all or any part of our obligations under this Facility Letter or in respect of
any of the facilities to any person by delivering to you a notice in writing. Such transfer shall take effect as from die effective
date specified in the notice and we shall thereafter be released from such obligations.


 


Section
83 of the Banking Ordinance


 


Please
note that Section 83 of the Banking Ordinance has imposed on us as a bank certain limitations on advances to persons related to
our directors or employees. In acknowledging this Facility Letter you should advise us whether you are in any way related to any
of our directors or employees within the meaning of Section 83 and in the absence of such advice we will assume that you are not
so related. We would also ask, should you become so related subsequent to acknowledging this facility letter, that you immediately
advise us in writing.


 


The
Facility will remain open for acceptance until the close of business on 20 December 2012 and if not accepted by that date will
be deemed to have lapsed.


 


We
are pleased to be of continued assistance.


 


	 	Accepted by:-
	Yours faithfully	 
	 	For and on behalf of
	 	Sun Line Industrial Ltd
	 	 
	(Signed)	
	Authorized Signatory	(Signed by SZE-TO Kin Sun
	Vice President	and NING Ho Leung)
	ML/dcz	(authorised signature(s) with company chop, if any)
	Encl	18 MAR 2013


 



    	Page 3 of 3



    	 



    

 

 





 


Commercial
Banking – Local Corporate Team D


XXXXXXXXXX


 


CONFIDENTIAL


Sun Line Industrial
Ltd


Unit 2101 21/F


Aitken Vanson
Centre


61 Hoi Yuen
Road


Kwun Tong


	Kowloon	29 November 2012


 


Attn : Mr Sze-To
Kin Sun


 


Dear Sir


 


BANKING
FACILITIES


 


With reference
to our recent discussion, we are pleased to advise that we have reviewed the banking facilities made available and would like to
offer a renewal within the following revised limits which will be made available on the specific terms and conditions outlined
herein and upon the satisfactory completion of the security detailed below and on the Bank’s Terms and Conditions for Facilities
which are attached to this letter. The Bank shall have an unrestricted discretion to cancel or suspend, or determine whether or
not to permit drawings in relations to, the facilities. The facilities are subject to review at any time and, in any event by 15
September 2013, and also subject to the Bank’s overriding right of repayment on demand, including the right to call for cash
cover on demand for prospective and contingent liabilities.


 


In the event
of a renewal of the facilities next year or by 15 September 2013, whichever is earlier, the Bank will issue a renewal notification
letter to confirm the continuation of the latest available facilities. A review fee will be advised and this shall be debited automatically
from the Borrower(s)’s account within 1 month of the issuance of the renewal notification letter.


 


	BORROWER(S)	 
	 	 
	Sun Line Industrial Ltd	[Customer No. XXXXXXXXXX]
	Broadway Industrial Holdings Ltd	[Customer No. XXXXXXXXXX] [To be deleted]
	Sun Line Precision Ltd	[Customer No. XXXXXXXXXX] [New Borrower]
	Broadway Precision Technology Ltd	[Customer No. XXXXXXXXXX] [New Borrower]


 


Utilization
of the facilities below may be made by, Sun Line Industrial Ltd, Sun Line Precision Ltd and/or Broadway Precision Technology Ltd.
Sun Line Industrial Ltd, Sun Line Precision Ltd and Broadway Precision Technology Ltd shall be jointly and severally liable for
the facilities.


 


Each of Sun
Line Industrial Ltd, Sun Line Precision Ltd and Broadway Precision Technology Ltd undertake, as principal debtor, to pay on demand
any sums due in respect of any such utilization.


 


	The Hongkong and Shanghai Banking Corporation Limited	
	HSBC Main Building, 1 Queen’s Road Central, Hong Kong	 
	Tel: (852) 2822 1111 Fax: (852) 3418 4748	 
	Swift: HSBCHKHH	 
	Web: www.hsbc.com.hk	 
	Incorporated in the Hong Kong SAR with limited liability	 
	Registered at the Hong Kong Companies Registry No. 263876	 


 




    	Page 1 of 15



    	 



    

 


	Sun Line Industrial Ltd 	29 November 2012


 


	FACILITIES	 	New	 	Previously
	 	 	 	 	 
	
        Facilities available to Sun Line Industrial Ltd, Sun Line
        Precision Ltd and Broadway Precision Technology Ltd

        (previously available to Sun Line Industrial Ltd and Broadway
        Industrial Holdings Ltd)
	 	 	 	 
	 	 	 	 	 
	(I)       Combined Limit for the following facilities within which the following sub-limits apply:	 	HKD40,000,000.-	 	HKD40,000,000.-
	 	 	 	 	 
	(1)      Combined Limit within which the following sub-limits apply:	 	HKD30,000,000.-	 	HKD30,000,000.-
	 	 	 	 	 
	
        (a)   Import
Facilities

 (Usance period up to 90 days)
	 	HKD30,000,000.-	 	HKD30,000,000.-
	 	 	 	 	 
	
        (b)
  Loan Against Import (“LAI”)

(Maximum Tenor 90 days)
	 	HKD30,000,000.-	 	HKD30,000,000.-
	 	 	 	 	 
	(c)   Trust Receipts	 	HKD30,000,000.-	 	HKD30,000,000.-
	 	 	 	 	 
	
        (d)   Export Facilities

- Purchase of Document against Payment Bills
	 	HKD30,000,000.-	 	HKD30,000,000.-
	 	 	 	 	 
	
        (e)   Export
Facilities 

- Purchase of Document against Acceptance

        (Maximum tenor 90 days)
	 	HKD30,000,000.-	 	HKD30,000,000.-
	 	 	 	 	 
	
        (f)   Packing
Credit 

(Maximum Tenor 90 days)
	 	HKD30,000,000.-	 	Nil


 


Notwithstanding
the limits set out above, the aggregate outstanding of the above items


•     1(a)
to 1(f) shall at no time exceed HKD30,000,000.-.


 


	
        (2)      Clan Import Loan

(Maximum Tenor 90
days)
	 	HKD40,000,000.-	 	HKD40,000,000.-
	 	 	 	 	 
	(3)       Overdraft	 	HKD5,000,000.-	 	HKD5,000,000
	 	 	 	 	 
	(4)       Revolving Loan	 	HKD15,000,000.-	 	HKD15,000,000.-
	 	 	 	 	 
	
        (5)      Import
Facilities

[for Local Documentary Credits opening only]

 (Usance period up to 90 days)
	 	Nil	 	HKD30,000,000.-
	 	 	 	 	 
	(6)      Loan Against Import (“LAI”)

(Maximum Tenor 90 days)	 	Nil	 	HKD30,000,000.-
	 	 	 	 	 
	(7)       Trust Receipts	 	Nil	 	HKD30,000,000.-
	 	 	 	 	 
	
        (8)      Packing
        Credit

(Maximum Tenor
        90 days)	 	Nil	 	HKD30,000,000.-


 


Notwithstanding
the limits set out above, the aggregate outstanding of the above items (1) to (4) shall at no time exceed HKD40,000,000.-.


 




    	Page 2 of 15



    	 



    

 

 


	Sun Line Industrial Ltd	29 November 2012


 


Documents
presented to the Bank for drawings under trade related facilities must reflect and relate to a genuine transaction. Where documents
presented are not in the original form, copies of such documents presented must strictly conform to the original. Please note
that drawings without underlying transaction, or presentation of forged or fraudulent documentation can render companies and/or
persons involved liable to prosecution.


 


	 	 	 	New	 	Previously
	 	 	 	 	 	 
	(II)	
        Treasury
        Facilities (01)

        within
        which the following risk-weighted sub-limits apply:
	 	HKD8,000,000.-	 	HKD8,000,000.-
	 	 	 	 	 	 
	 	
        (a)
        Foreign Exchange

        (Risk-weighted
        up to 6 months)
	 	HKD7,667,000.-	 	HKD7,667,000.-
	 	 	 	 	 	 
	 	
        (b)
        Currency Options

        (previously
        available only to Sun Line Industrial Ltd)

        [Risk-weighted
        up to 24 months plus up to 6 months forward start period (total 30 months maximum)]
	 	HKD8,000,000.-	 	HKD8,000,000.-
	 	 	 	 	 	 
	 	Notwithstanding the risk-weighted limits set out above, the aggregate utilization of the above items II(a) and II(b) shall at no time exceed HKD8,000,000.-.
	 	 	 	 	 	 
	(III)	Treasury Facilities (02) (Risk-weighted up to 4 years) within which the following risk-weighted sub-limits apply:	 	HKD3,000,000.-	 	HKD3,000,000.-
	 	 	 	 	 	 
	 	
        -
        Interest Rate Swaps

        (previously
        available only to Sun Line Industrial Ltd)
	 	HKD3,000,000.-	 	HKD3,000,000.-
	 	 	 	 	 	 
	(IV)	
        Business
        Card

        (previously
        available only to Sun Line Industrial Ltd)
	 	HKD200,000.-	 	HKD200,000.-
	 	 	 	 	 	 
	Facilities available only to Sun Line Industrial Ltd
	 	 	 	 	 	 
	(V)	
        Machinery
        Loan

        -
        sub-limit to Sun Line Industrial Ltd

        (A/C
        No. XXXXXXXXXX present outstanding

         

        The
        principal of the loan will continue to be repayable by 6 equal quarterly instalments of HKD237,500.- to the debit of Sun Line Industrial
        Ltd’s account. The Bank’s ability to demand repayment at any time shall not be affected by the payment schedule as
        described.
	 	
        HKD1,425,000.-

         

        HKD1,425,000.-
	 	
        HKD1,425,000.-

         

        HKD1,425,000.-

	 	 	 	 	 	 
	 	Meanwhile, the
    Bank     confirms that sub-limit for Machinery Loans granted to Broadway Industrial Holdings Ltd (A/C No. XXXXXXXXXX and A/C
    No. XXXXXXXXXX have     been fully repaid on 30 October 2012.


 


SECURITY


 


		(1)	The Bank will continue to hold an ISDA 2002 Master Agreement and Schedule dated 21 January 2010
together with Board Resolution dated 20 January 2010 from Sun Line Industrial Ltd.



 




    	Page 3 of 15



    	 



    

 


	Sun Line Industrial Ltd	29 November 2012


 


		(2)	The Bank requires holding the following Security:



 


		a)	A Guarantee limited to HKD71,000,000.- (together with default interest and other costs and expenses)
from Plastec Technologies Ltd securing the obligations and liabilities of Sun Line Industrial Ltd, Sun Line Precision Ltd and Broadway
Precision Technology Ltd.



 


		b)	A Guarantee limited to HKD71,000,000.- (together with default interest and other costs and expenses)
from Mr Sze-to Kin Sun securing the obligations and liabilities of Sun Line Industrial Ltd, Sun Line Precision Ltd and Broadway
Precision Technology Ltd.



 


		c)	ISDA Master Agreement from Sun Line Precision Ltd and Broadway Precision Technology Ltd respectively
together with supporting Board Resolutions.



 


		(3)	In consideration of the abovementioned security (2a) and (2b) being made available, the Bank is
agreeable to releasing the following Security:



 


		a)	A Guarantee limited to HKD71,000,000.- (together with default interest and other costs and expenses)
dated 15 March 2010 from Mr Sze-to Kin Sun securing the obligations and liabilities of Sun Line Industrial Ltd, Sun Ngai Spraying
and Silk Print Co Ltd and Broadway Industrial Holdings Ltd.



 


		b)	A Guarantee limited to HKD71,000,000.- (together with default interest and other costs and expenses)
dated 15 March 2010 from Plastec International Holdings Ltd together with Board Minutes dated 11 March 2010 securing the obligations
and liabilities of Sun Line Industrial Ltd, Sun Ngai Spraying and Silk Print Co Ltd and Broadway Industrial Holdings Ltd.



 


These
guarantees will be cancelled after a retention period considered by the Bank to be reasonably appropriate, which is normally six
months.


 


Meanwhile,
the Bank confirms that the ISDA Master Agreement from Broadway Industrial Holdings Ltd as stated in the letter of 19 October 2011
is no longer required.


 


As
Sun Line Precision Ltd, Broadway Precision Technology Ltd and Plastec Technologies Ltd (the ‘Companies’) are incorporated
in British Virgin Islands, British Virgin Islands and Cayman Islands respectively, the Bank also requires a legal opinion from
a qualified lawyer in the jurisdiction of the Companies’ incorporation, confirming the authority of the Companies’
to enter into the facilities and security, and also confirming that all necessary documents have been or will be properly executed.
The legal opinion, together with the properly executed security documents, should be forwarded to the Bank directly by the solicitor.


 


The
Bank encloses its standard form of Guarantee for completion and return, together with supporting Board Resolutions and a legal
opinion in substantially the form of that enclosed with this facility letter.


 


In
accordance with the HKMA’s guideline dated 11 August 2003, as a condition for granting credit facilities to Small and Medium Size
Enterprises (“SMEs”), an explicit consent from the related SME must be obtained to enable the Bank to report and retrieve
information in relation to its banking facilities to and from the Commercial Credit Reference Agency (“CCRA”). As Sun
Line Precision Ltd and Broadway Precision Technology Ltd are categorised as a SME in accordance with the HKMA’s guideline, please
arrange for the enclosed Customer Consent Form to be signed and returned to the Bank together with the facility letter. Please
note that if this consent is not given, the Bank will be unable to proceed with the transaction.


 




    	Page 4 of 15



    	 



    

 







 


	Sun Line Industrial Ltd	29 November 2012


 


SCHEDULE
OF FACILITIES


 


IMPORT
FACILITIES WITH LOAN AGAINST
IMPORT (LAI)


 


DETAILS


 


		1.	For the issuance of Documentary Credits to the Borrower(s)’s suppliers and Import Loan Facilities in either HK Dollars
or Foreign Currency, less any usance / credit periods granted by the Borrower(s)’s suppliers.



 


		2.	Subject to the Bank’s right at any time to demand immediate repayment of all sums owing by the Borrower(s), advance may
be made available:



 


		(a)	in respect of sight documentary credits, for a period up to the maximum tenor as stipulated under the relevant “Facilities”
heading



 


		(b)	in respect of usance documentary credits, for a period up to the maximum tenor as stipulated under the relevant “Facilities”
heading less the usance period (i.e. the supplier’s credit finance period) of the relevant documentary credit, commencing
from the date that import documents presented under the usance documentary credit are accepted.



 


		3.	The Bank may on an exceptional basis, and subject to such conditions as it may impose from time to time, accept applications
for the issuance of documentary credits relating to goods already received by the Borrower(s) but not paid for. Such conditions
include (without limitation):



 


		(a)	evidence of delivery being supported by (i) a cargo receipt showing a date on which the goods are actually received or (ii)
transport document(s) showing a date of shipment, with such dates referred to in the cargo receipt or transport document (where
applicable) not exceeding 90 days before the issue date of the relevant documentary credit and



 


		(b)	the maximum tenor of the import loan facilities drawn under the documentary credit shall be up to 90 days, less any usance
/ credit periods granted by the Borrower(s)’s suppliers.



 


TRUST
RECEIPTS


 


DETAILS


 


Advances may
be made under this Trust Receipt to enable the Borrower(s) to pay import documentary credit, with the associated title documents
released to the Borrower(s) against Trust Receipt(s) signed by the Borrower(s).


 


PRICING


 


For drawings
in HKD


 


Interest will
continue to be charged at HIBOR + 1.25% p.a.


 


“HIBOR”
means the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits in the currency for in an amount and
period comparable to such advance or loan from the Hong Kong interbank market. The applicable HIBOR will generally be based on
the Bank’s quotation at or about 11:00am or at the time of request, as appropriate, on the date of drawdown / rollover.


 


For drawings
in foreign currency


 


Interest will
continue to be charged at LIBOR + 1.25% p.a.


 




    	Page 5 of 15



    	 



    

 


	Sun Line Industrial Ltd	29 November 2012


 


EXPORT
FACILITIES


 


DETAILS


 


Document
against Payment / Acceptance (DP/DA)


 


For the purchase
of Document against Payment or Document against Acceptance Bills in either HK Dollars or Foreign Currency for up to the maximum
tenor as stipulated under the relevant “Facilities” heading.


 


PRICING


 


For
drawings in HKD


 


Interest
will continue to be charged at HIBOR + 1.25% p.a.


 


“HIBOR”
means the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits in the currency for in an amount and
period comparable to such advance or loan from the Hong Kong interbank market. The applicable HIBOR will generally be based on
the Bank’s quotation at or about 11:00am or at the time of request, as appropriate, on the date of drawdown / rollover.


 


For
drawings in foreign currency


 


Interest
will continue to be charged at LIBOR + 1.25% p.a.


 


PACKING
CREDIT


 


DETAILS


 


Up to the maximum
tenor as stipulated under the relevant “Facilities” heading before shipment and up to 70% of valid export Documentary
Credits in the Borrower(s)’s favour deposited with the Bank.


 


PRICING


 


For
drawings in HKD


 


Interest
will continue to be charged at HIBOR + 1.25% p.a.


 


“HIBOR”
means the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits in the currency for in an amount and
period comparable to such advance or loan from the Hong Kong interbank market. The applicable HIBOR will generally be based on
the Bank’s quotation at or about 11:00am or at the time of request, as appropriate, on the date of drawdown / rollover.


 


For
drawings in foreign currency


 


Interest
will continue to be charged at LIBOR + 1.25% p.a.


 


CLEAN
IMPORT LOAN (EXTENDED ON APPROVED SUPPLIER BASIS)


 





DETAILS


 


		1.	Advances may be made under this Clean Import Loan to enable the Borrower(s) to pay the invoices of their suppliers as approved
by the Bank. The maximum financing period for each drawing (including the supplier’s credit Finance period) shall not exceed
the maximum tenor as stipulated under the relevant “Facilities” heading.



 




    	Page 6 of 15



    	 



    

 









 


	Sun Line Industrial Ltd	29 November 2012


 


		2.	Advances are allowed on the conditions that transactions are supported by presentation of (1) the
approved suppliers’ invoices and transport documents copy or (2) copy of “Monthly Statements” issued by the approved
suppliers as listed below together with documents evidencing receipt of goods on the approved suppliers and that the aggregate
outstanding are within the specified limit. The Bank will settle the invoices direct on their respective due dates and the proceeds
will be remitted or credited directly to the suppliers’ accounts. Maximum loan period is 90 days from loan drawdown date
or 180 days from invoice date, whichever is shorter.



 


		3.	The list of the Bank’s approved suppliers is set out below:



 


		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



		-	XXXXXXXXXX



 


PRICING


 


For drawings
in HKD


 


Interest will
continue to be charged at HIBOR + 1.25% p.a.


 


“HIBOR”
means the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits in the currency for in an amount and
period comparable to such advance or loan from the Hong Kong interbank market. The applicable HIBOR will generally be based on
the Bank’s quotation at or about 11:00am or at the time of request, as appropriate, on the date of drawdown / rollover.


 




    	Page 7 of 15



    	 



    

 


	Sun Line Industrial Ltd	29 November 2012


 


For drawings
in foreign currency


 


Interest will
continue to be charged at LIBOR + 1.25% p.a.


 


OVERDRAFT



 


PRICING


 


Interest will
continue to be charged at the Bank’s HKD BLR.


 


REVOLVING
LOAN


 


DETAILS


 


“HIBOR”
means in respect of an advance or loan, the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits
in the currency for in an amount and period comparable to such advance or loan from the Hong Kong interbank market.


 


“LIBOR”
means in respect of an advance or loan, the rate (as quoted by prime banks in London in the London Interbank market) at around
11 am (London time) on the second London Banking Day before the first date of such period.


 


Conditions
for Utilisation


 


		1.	For HIBOR Loan facility, 24 hours advance notice of drawdown / rollover is to be given to the Bank. The applicable HIBOR will
generally be based on the Bank’s quotation at or about 11:00am or at the time of request, as appropriate, on the date of
drawdown / rollover.



 


		2.	For LIBOR Loan facility, 2 business days advance notice of drawdown / rollover is to be given to the Bank. The reference to
“business day” means a day, other than a Saturday, Sunday or public holiday, on which banks are open for general business
in London and Hong Kong.



 


		3.	Each drawdown / rollover to be for periods (interest period) of 1, 2, 3 or 6 months (drawdown / rollovers for 6 months are
subject to the availability of matching funds in the market).



 


		4.	At the end of an interest period the amount of the drawing may be rolled-over either in one or two or more amounts for further
periods of 1, 2, 3 or 6 months (drawdown / rollovers for 6 months are subject to availability of matching funds in the market).



 


		5.	With the Bank’s prior approval, (which will not be withheld, provided the Bank is satisfied that the funds utilised are
generated from the Borrower(s)’s internal resources, out of cash flow rather than from external re-financing) during an interest
period the total amount of a drawing may, with 48 hours advance notice to the Bank, be repaid subject to the usual charges (i.e.
the differential between the return the Bank would have received had the loan run to maturity and the return the Bank is able
to obtain by the placing of the funds repaid for the remainder of the period in the market).



 


		6.	The Bank reserves the right to renegotiate the HIBOR / LIBOR interest spreads should any event occur
which changes the basis on which HIBOR / LIBOR interest margins are presently calculated.



 


		7.	Please note that the Bank’s Loans Section is responsible for the administration of HIBOR / LIBOR facilities. For rate
quotations and other day to day administrative matters, please contact Ms XXXXXXXXXX on telephone number XXXXXXXXXX



 


PRICING


 


Interest will
continue to be charged at 1, 2, 3 or 6 months HIBOR / LIBOR + 1.875% p.a.


 




    	Page 8 of 15



    	 



    

 









 


	Sun
    Line Industrial Ltd	29
    November 2012


 


TREASURY
FACILITIES (01) and (02)


 


DETAILS


 


The
Bank reserves the right to withdraw the facilities and/or the whole or any part of any unutilised portion of the facilities at
any time.


 


The
amount and value of any and each utilization in respect of any option in respect of which a limit is expressed above shall be calculated
by HSBC, such calculation to be conclusive.


 


		1.	Availability



 


The
Bank reserves the right in its absolute discretion to decide whether or not any utilisation may be made and to specify conditions
which must be complied before any utilisation may be made.


 


		2.	Further Documentation



 


All
transactions pursuant to the facilities will be subject to and governed by the International Swaps and Derivative Association (“ISDA”)
Master Agreement (thereafter known as the “Product Document”) dated 21 January 2010 executed by Sun Line Industrial
Ltd.


 


		3.	ISDA Terms



 


No
utilization may be made until the Bank has been given by Sun Line Precision Ltd and Broadway Precision Technology Ltd in a form
and substance acceptable to the Bank a duly executed Product Document on behalf of Sun Line Precision Ltd and Broadway Precision
Technology Ltd supported by Board Resolutions.


 


Each
utilisation shall be deemed to be subject to and shall be subject to the terms of the Product Document notwithstanding any non-execution
of the Product Document, In the event of any conflict between the terms of this facility letter and those of the Product Document,
the terms of the Product Document shall prevail except in respect of any provisions in this facility letter which are expressed
to be additional to or in replacement for any relevant provisions in the Product Document.


 


While
the above facility is in force the terms of this facility letter and particularly the Product Document above shall continue to
apply notwithstanding any pre-existing product documentation unless there is agreement in writing to the contrary.


 


BUSINESS
CARD


 


DETAILS


 


The
facility is subject to the terms and conditions governing the Business Card facility in the Bank’s Business Card Programme
Agreement as may be amended from time to time.


 


MACHINERY
LOAN 


 


DETAILS


 


“HIBOR”
means in respect of an advance or loan, the rate (as quoted by the Bank in its discretion) which the Bank can acquire deposits
in the currency for in an amount and period comparable to such advance or loan from the Hong Kong interbank market.


 


Conditions
for Utilisation


 


		1.	24 hours advance notice of rollover is to be given to the Bank. The applicable HIBOR will generally
be based on the Bank’s quotation at or about 11:00am or at the time of request, as appropriate, on the date of drawdown /
rollover.



 




    	Page 9 of 15



    	 



    

 


	Sun
    Line Industrial Ltd	29
    November 2012


 


		2.	Each rollover to be for periods (interest period) of 3 months.



 


		3.	With the Bank’s prior approval, (which will not be withheld, provided the Bank is satisfied that the funds utilised are
generated from the Borrower(s)’s internal resources, out of cash flow rather than from external re-financing) during an interest
period the total amount of a drawing may, with 48 hours advance notice to the Bank, be repaid subject to the usual charges (i.e.
the differential between the return the Bank would have received had the loan run to maturity and the return the Bank is able to
obtain by the placing of the funds repaid for the remainder of the period in the market).



 


		4.	Amounts repaid in advance will not be available for redrawing and will be applied to repayment of the total amount outstanding
in reverse order of maturity.



 


		5.	The Bank reserves the right to renegotiate the HIBOR interest spreads should any event occur which changes the basis on which
HIBOR interest margins are presently calculated.



 


		6.	Please note that the Bank’s Loans Section is responsible for the administration of HIBOR facilities.
For rate quotations and other day to day administrative matters, please contact Ms XXXXXXXXXX on telephone number XXXXXXXXXX



 


PRICING


 


Interest will
continue to be charged at 3 months HIBOR + 1.25% p.a.


 




    	Page 10 of 15



    	 



    

 






 





	Sun Line Industrial Ltd	29 November 2012










 





TERMS
AND CONDITIONS FOR FACILITIES


 


		1.	Interpretation



 


These
terms and conditions are applicable to banking/credit facilities made available by The Hongkong and Shanghai Banking Corporation
Limited (the “Bank” or “HSBC”) to the Borrower(s) and shall be read in conjunction with
the facility letter, as may be amended from time to time, applicable to the Borrower(s) (the “Facility Letter”).
In the event of conflict between these terms and conditions and the Facility Letter, the Facility Letter shall prevail for the
purposes of the relevant transaction.


 


		2.	Accrual of Interest & Other Sums



 


Interest and
other sums expressed to be chargeable or payable on a periodic basis will nonetheless accrue from day to day and amounts so accrued
may be demanded at any time.


 


		3.	Availability and Utilisation



 





		3.1	Banking/credit facilities offered to the Borrower(s) are subject to the Bank’s internal credit approval having been made
and the Bank may refuse to allow drawings under the facilities in its sole and absolute discretion. All facilities made available
are subject to review from time to time at the Bank’s discretion.



 


		3.2	The use of any facilities may not at any time exceed
the facility(ies)limit specified in the Facility Letter. The availability of funds shall be subject to conditions precedent
specified in the Facility Letter (if any) being met to the Bank’s satisfaction. In addition, with respect to trade related
facilities, the Bank may, at its sole and discretion, refuse to allow drawings under such facilities if:








 


		(a)	the drawee is considered to be unacceptable to the Bank, or



 


		(b)	the drawee is not on the Bank’s approved list, or



 


		(c)	the transaction in question does not meet the Bank’s operational requirements in respect of the facilities.



 


		4.	Default Interest



 


Interest
will be payable on sums which are overdue, drawings which are inexcess of agreed limits and amounts demanded and not paid,
at the maximum rate stipulated inthe Bank’s tariff book which is accessible at https://www.commercial.hsbc.com.hk/1/2/commercial/customer-service/tariffs. The Bank will provide the Borrower or such relevant
security provider with a hard copy of the tariff book upon request. Interest at the applicable rate will be payable monthly in
arrears to the debit of the Borrower(s)’s current account.


 


		5.	Repayment



 


All payments
shall be made to the Bank without set-off, counterclaim, withholding or condition or any kind. If the Borrower(s) or such Security
Provider (where applicable) is compelled by law to make such withholding, the sum payable shall be increased so that the amount
actually received by the Bank is the amount it would have received if there had been no withholding.


 






    	Page 11 of 15



    	 



    

 





	Sun Line Industrial Ltd	29 November 2012







 





		6.	Security and Disclosure



 


		6.1	The Bank shall proceed to register (where applicable) in Hong Kong, security provided to the Bank in connection with facilities
made available to the Borrower(s) or at the Borrower(s) request. The costs and expenses, if any, will be charged to the account
of the Borrower(s). Where the security provided to the Bank requires registration or filing outside Hong Kong, the Borrower undertakes
that it shall, and where applicable, shall procure that such registration or filing of security is attended to and completed in
a timely way so as to preserve the security interest of the Bank. The Bank shall be entitled to demand that evidence of such filing
and/or registration be provided to it. All costs in connection with the aforesaid overseas filing and/or registration (as the case
may be) shall be for the account of the Borrower(s).



 


		6.2	By accepting the Facility Letter, the Borrower(s) is deemed to have consented to the Bank providing a copy of the Facility
Letter, related security documents, the Borrower’s latest statement of account, information on the outstanding liabilities
(whether actual or contingent) or such other information to a third party security provider, such third party security provider’s
solicitors and other professional advisers.



 


		6.3	Unless expressed in writing from the Borrower(s) to the contrary, the Bank is entitled to provide any information relating
to any of the account(s) of the Borrower(s) held with the Bank and any facilities which the Bank may provide to the Borrower(s)
from time to time or the conduct of such account and/or facilities and/or other information concerning the Borrower(s) relationship
with the Bank to any other company or office which belongs to or is part of the HSBC Group.



 


		6.4	The Bank shall be entitled to have solicitors of its choice appointed to prepare the necessary documentation relating to the
Facility Letter and/or the security to be provided. All their charges and disbursements incurred in this respect will be for the
Borrower(s)’s account. Any filing fees and fees incurred in obtaining a legal opinion will also be for Borrower(s)’s
account.



 


		7.	Costs and Expenses



 


		7.1	All costs, expenses and fees (including legal fees) incurred by the Bank in connection with the provision of the banking facilities
and any matters arising are to be reimbursed by the Borrower(s) on demand.



 


		7.2	If the effect of or a change in any law or regulation is to increase the cost to the Bank of advancing, maintaining or funding
the facility(ies) or to reduce the effective return to the Bank, the Bank may require payment on demand of such amounts as the
Bank consider necessary as compensation therefore.



 


		8.	Indemnity / Tax Gross Up





 


		8.1	Any amount received or recovered by
                                                           the Bank in respect of any sum expressed to be due to the Bank from
                                                           the Borrower in a currency other than the currency of denomination
                                                           in which payment is due (the “Intended Currency”)
                                                           shall only constitute a discharge to it to the extent of the amount
                                                           in the Intended Currency which the Bank is able, in accordance with
                                                           its usual practice, to purchase with the amount so received or recovered
                                                           in such other currency on the date of that receipt.



 


		8.2	Payments by the Borrower(s) and/or the security provider(s) shall be made to the Bank without any set-off, counter-claim, withholding
or condition of any kind except that if the Borrower(s)/ security provider(s) is compelled by law to make such withholding, the
sum payable by the Borrower(s)/security provider(s) shall be increased so that the amount actually received by the Bank is the
amount it would have received if there had been no withholding.





 






    	Page 12 of 15



    	 



    






 


	Sun Line Industrial Ltd	29 November 2012


 


		9.	Assignment



 


The
Bank may assign its rights and transfer all or any part of its obligations hereunder or under any Facility Letter to any HSBC Group
Company by delivering to the Borrower(s) a notice in writing. Such transfer shall take effect as from the effective date as specified
in the notice and the Bank shall thereafter be released from such obligations. No assignment or transfer of any right, benefit
or obligation in the Facility Letter shall be made by the Borrower(s) in any way.


 


		10.	Pari Passu



 


The
Borrower(s) and security provider(s) (where applicable) shall ensure that at all times the claims of the Bank under the facilities
rank at least pari passu with the claims of all other unsecured creditors, except for claims preferred by mandatory provisions
of law.


 


		11.	Section 83 of the Banking Ordinance



 


Section
83 of the Banking Ordinance has imposed on the Bank certain limitations on advances to persons related to its directors or employees.
In accepting the Facility Letter, the Borrower(s) should advise the Bank whether it is in any way related to any of the Bank’s
directors or employees within the meaning of Section 83 and in the absence of such advice the Bank will assume that the Borrower(s)
is not so related. The Bank would also ask, that should the Borrower(s) become so related subsequent to acknowledging the Facility
Letter, that the Borrower(s) immediately advises the Bank in writing.


 


		12.	Governing Law






 


		12.1	The Facility Letter (including the schedule(s), where applicable), and these terms and conditions
shall be governed and construed in accordance with the laws of the Hong Kong Special Administrative Region.



 


		12.2	The Borrower(s) submits to the non-exclusive jurisdiction of the Hong Kong courts.



 




    	Page 13 of 15



    	 



    

 


	Sun Line Industrial Ltd	29 November 2012


 


ACCEPTANCE


 


Please
arrange for the authorised signatories of Sun Line Industrial Ltd, Sun Line Precision Ltd and Broadway Precision Technology
Ltd, in accordance with the terms of the mandates given to the Bank, to sign and return the duplicate copy of this letter to
signify the Borrower(s)’s confirmation as to the correctness of the security held, and continued understanding and acceptance
of the terms and conditions under which these revised facilities are granted.


 


One-off
fee of HKD30,000.- will be charged to the debit of Broadway Precision Technology Ltd’s current account upon receipt of your
acceptance of this facility letter.


 


These
revised facilities will remain open for acceptance until the close of business on 20 December 2012 and if not accepted by that
date will be deemed to have lapsed.


 


We are pleased
to be of continued assistance.


 


Yours faithfully


 


 


(Signed) 


Authorized Signatory


Vice President


 


ML/dcz


 


Encl


Acceptance
and Confirmation


 


We,
Sun Line Industrial Ltd, Broadway Industrial Holdings Ltd, Sun Line Precision Ltd and Broadway Precision Technology Ltd, confirm
our acceptance of the offer and all terms and conditions contained above (including the Schedules and Terms and Conditions for
Facilities attached thereto).


 


For and on
behalf


of Sun Line
Industrial Ltd


 


	Signature	(Signed by SZE-TO Kin Sun)	 	Signature	(Signed by NING Ho Leung)
	 	 	 	 	 
	Name	 	 	Name	 
	 	 	 	 	 
	Title 	Director	 	Title 	Director


 




    	Page 14 of 15



    	 



    

 


	Sun Line Industrial Ltd	29 November 2012


 


For and on behalf of


Sun Line Precision Ltd


 


	Signature	(Signed by SZE-TO Kin Sun)	 	Signature	(Signed by NING Ho Leung)
	 	 	 	 	 
	Name	 	 	Name	 
	 	 	 	 	 
	Title 	Director	 	Title 	Director


 


For and on
behalf of


Broadway Precision Technology Ltd


 


	Signature	(Signed by SZE-TO Kin Sun)	 	Signature	(Signed by NING Ho Leung)
	 	 	 	 	 
	Name	 	 	Name	 
	 	 	 	 	 
	Title 	Director	 	Title 	Director
	 	 	 	 	 
	 	 	 	18 MAR 2013 


 




    	Page 15 of 15