Document:

exv10w59

 

Exhibit 10.59

	 	 	 	 	 
	Please quote our reference when replying	 	

	Our Ref: JTC(L) 3601/2506/TEMP/GL/SN
	 	 	 	 
	 
	 	 	 	 
	20 July 2006
	 	 	 	 
	 
	 	 	 	 
	TRIO-TECH INTERNATIONAL PTE LTD	 	JTC Corporation
	BLK 1008 TOA PAYOH NORTH	 	The JTC Summit
	#03-09	 	8 Jurong Town Hall Road
	SINGAPORE 318996	 	Singapore 609434
	 
	 	 	 	 
	ATTN: JALENE NG

	 	contact
	 	1800 568 7000
	 

	 	centre hotline	 	 
	 
	 	 	 	 
	 

	 	main line
	 	(65) 6560 0056
	 
	 	 	 	 
	 

	 	facsimile
	 	(65) 6565 5301
	 
	 	 	 	 
	BY LOCAL URGENT MAIL

	 	website
	 	www.jtc.gov.sg

Dear Sirs,

RENEWAL OFFER OF TENANCY FOR FLATTED FACTORY KNOWN AS PRIVATE LOT A19597C AT BLK
1008 TOA PAYOH NORTH #01-08 SINGAPORE 318996

	1	 	We are pleased to offer a tenancy of the Premises subject to the covenants, terms
and conditions in the annexed Memorandum of Tenancy No. 27.09 (“the MT”)
and in this letter (collectively called “the Offer”).
	 
	2	 	2.1 The Premises
	 
	 	 	Private Lot A19597C also known as Unit #01-08 (“the Premises”) at BLK 1008 TOA
PAYOH NORTH #01-08 SINGAPORE 318996 (“the Building”) SINGAPORE(318996)
as delineated and edged in red on the plan attached to the Offer.
	 
	2.2	 	Term of Tenancy

3 years, 0 months, 0 days (“the Term”) with effect from 1 July
2006 (“the Commencement Date”).

	2.3	 	Tenancy

	 	(a)	 	Your due acceptance of the Offer in accordance with Clause 3 of this
letter shall, together with the Offer, constitute a binding
tenancy agreement (“the Tenancy”).
	 
	 	(b)	 	In the event of any inconsistency or conflict between any
covenant, term or condition of this letter and the MT, the relevant
covenant, term or condition in this letter shall prevail.

      

 

 

	 	 	 	as the case may be, subject to appropriate deductions or payment to us for
damages or other sums due under the Tenancy.
	 
	 	(c)	 	If the Building Rent at the discounted rate is increased to
the normal rate, or Service Charge is increased, or any deductions are made
from the Security Deposit, you shall immediately pay the amount of such
increase or make good the deductions so that the Security Deposit shall at all
times be equal to one (1) month’s Building Rent (at the normal or discounted
rate, as the case may be) and Service Charge.
	 
	 	(d)	 	If at any time during the Term, your GIRO payment is
discontinued, then you shall place with us, within two (2) weeks of the date
of discontinuance of your GIRO payment, the additional sum
equivalent to two (2) months’ Building Rent and Service Charge, so that the
Security Deposit shall at all times be equal to three (3) months’ Building
Rent (at the normal or discounted rate, as the case may be) and Service Charge
for the remaining period of the Term.
	 
	 	(e)	 	If at any time during the Term the off-budget measure is
withdrawn you shall, if required in writing by us, also pay to us the
additional sum equivalent to two (2) months’ Building Rent and Service Charge,
so that the Security Deposit shall at all times be equal to three (3) months’
Building Rent (at the normal or discounted rate, as the case may be) and
Service Charge for the remaining period of the Term.

	2.8	 	Mode of Payment

	 	(a)	 	Your first payment to be made with your letter of acceptance in
accordance with Clause 3 of this letter and the attached Payment Table shall be by
non-cash mode (eg, Cashier’s Order, cheque).
	 
	 	(b)	 	Thereafter during the Term, you shall pay Building Rent, Service Charge and
GST at prevailing rate by Interbank GIRO or any other mode to be determined by us.
	 
	 	(c)	 	You have an existing account with us from which we shall deduct the aforesaid
payments. You are therefore not required to submit a duly completed GIRO form as
part of the Mode of Due Acceptance. But if you wish to have a separate GIRO account to
meet the aforesaid payments, please complete the GIRO deduction form enclosed.
	 
	 	(d)	 	However, pending finalisation for the GIRO arrangement, you shall pay
Building Rent, Service Charge and GST at prevailing rate as they fall due by cheque or
Cashier’s Order.

 

 

	2.9	 	Authorised Use
	 
	 	 	You shall use the Premises for the purpose of STORAGE AND OPERATION OF TRANSFORMER AND
SWITCHBOARDS only and for no other purpose whatsoever (“the Authorised Use”).
	 
	2.10	 	Loading Capacity

	 	(a)	 	Normal (Ground & Non-ground) Floor Premises:
	 
	 	 	 	You shall comply and ensure compliance with the following restrictions:

	 	(a1)	 	maximum loading capacity of the goods lifts in the Building; and
	 
	 	(a2)	 	maximum floor loading capacity of 12.5 kiloNewtons per
square metre of the Premises on the 1st storey of the Building PROVIDED THAT
any such permitted load shall be evenly distributed.

	 	(b)	 	You shall therefore, subject to our prior written consent, provide at your
own cost suitable and proper foundation for all machinery, equipment and installation
at the Premises.

	2.11	 	Reinstatement of Premises
	 
	 	 	You shall reinstate the Premises in accordance with clauses 2.15 and 2.22 of the MT. The
required reinstatement works shall be conveyed to you after an inspection of the Premises.
	 
	2.12	 	Option for Renewal of Tenancy

	 	(a)	 	You may within 3 months before the expiry of the Term make a written request
to us for a further term of tenancy.
	 
	 	(b)	 	We may grant you a further term of tenancy of the Premises subject to the
following:

	 	(b1)	 	there shall be no breach of your obligations at the time
you make your request for a further term, and at the expiry of the Term;
	 
	 	(b2)	 	the duration of the further term shall be mutually agreed upon;
	 
	 	(b3)	 	the rent payable shall be at a revised rate to be
determined by us, having regard to the market rent of the Premises at the time
of granting the further term. Our determination of the Building Rent shall be
final and conclusive; and
	 
	 	(b4)	 	the tenancy for the further term shall be upon the same
covenants, terms and conditions except for the duration, Building Rent,
security deposit (which shall be equivalent to three (3) month’s Building
Rent and Service Charge instead of one (1) month), and excluding a covenant
for renewal of tenancy.

 

 

	2.4	 	Area
	 
	 	 	Approximately 56 square metres (“the Area”).
	 
	2.5	 	Building Rent (Discounted)

	 	(a)	 	Building Rent of $12.85 per square metre per month on the Area less
discount of $0.64 per square metre per month, in the event that the said aggregate
floor area occupied is at any time reduced to below 10,000 square metres (when the
discount $0.64 per square metre per month shall be totally withdrawn) with effect from
the date of reduction in the said aggregate floor area; and
	 
	 	(b)	 	Rent Payable of $12.21 per square metre per month on the Area, for so long as
you shall occupy by way of tenancy an aggregate floor area of 10,000 square metres in
the Building or in the various flatted factories belonging to us.

	 	 	(“Building Rent”) to be paid without demand and in advance without deduction on the 1st
day of each month of the year (i.e. 1st of January, February, March, etc.). After your
first payment is made in accordance with Clause 3 of this letter and the attached Payment
Table, the next payment shall be made on 1 August 2006.

	2.6	 	Service Charge
	 
	 	 	$2.25 per square metre per month (“Service Charge”) on the Area, as charges for
services rendered by us, payable by way of additional and further rent without demand on
the same date and in the same manner as the Building Rent, subject to our revision from
time to time.
	 
	2.7	 	Security Deposit/Banker’s Guarantee
	 
	 	 	For Building Rent — (Discounted))
	 
	 	 	Ordinarily we would require a tenant to lodge with us a security deposit equivalent to
three (3) months’ Building Rent and Service Charge. However, as an off-budget measure and
as payment by GIRO has been made a condition with which you must comply under clause 3 of
this letter, you shall, at the time of your acceptance of the Offer, place with us a
deposit equivalent to one (1) month’s Building Rent (at the discounted rate) and Service
Charge (“Security Deposit”) as security against any breach of the covenants, terms and
conditions in the Tenancy, as follows:

	 	(a)	 	The Security Deposit may be in the form of cash or acceptable
Banker’s Guarantee in the form attached (effective from 1 July 2006 to 30
September 2009), or such other form of security as we may in our absolute
discretion permit or accept.
	 
	 	(b)	 	The Security Deposit shall be maintained at the same
sum throughout the Term and shall be repayable to you without interest, or
returned to you for cancellation, after the termination of the Term (by expiry
or otherwise) or expiry of the Banker’s Guarantee,

 

 

	3	 	Mode of Due Acceptance

	 	(a)	 	The Offer shall lapse if we do not receive the following within 3 weeks:

	 	(a1)	 	Duly signed letter of acceptance (in
duplicate) of the Offer, in the form set out in the Letter of
Acceptance attached. (Please date as required in your letter of
acceptance)
	 
	 	(a2)	 	Payment of the sum set out in the Payment Table attached.

	4	 	You may submit your acceptance and payment by post or if you wish to make a submission
personally, you may do so at our Contact Centre at The JTC Summit at 8 Jurong Town Hall Road.
Please bring a copy of this letter when making your submission.
	 
	5	 	Please note that payments made prior to your giving us the other items listed above may be
cleared by and credited by us upon receipt. However, if those other items are not
forthcoming from you within the time stipulated herein, the Offer 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 whatsoever nature against us.
	 
	6	 	Variation to the Tenancy
	 
	 	 	Any variation, modification, amendment, deletion, addition or otherwise of the Offer shall
not be enforceable unless agreed by both parties and reduced in writing by us. No terms or
representation or otherwise, whether expressed or implied, shall form part of the Offer
other than what is contained herein.
	 
	7	 	Car-Parking Scheme
	 
	 	 	The car park for Block 1008 Toa Payoh North is currently managed by P-Parking International
Pte Ltd and you will have to observe and be bound by all the rules and regulations
governing the use and operation of the car park. You are requested to contact:

Mr Johnson Tan 

736B Geylang Road,

Singapore 389647 

Tel: 67494119

	 	 	on your use of the carpark.
	 
	8	 	Exclusion of the Contracts (Right of Third Parties) Act
	 
	 	 	A person who is not a party to this Offer shall have no right under the Contracts (Rights
of Third Parties) Act (as may be amended or revised from time to time) to enforce any of
the covenants, terms or conditions of this Offer.

 

 

	9	 	Jurisdiction & Governing Law
	 
	 	 	This Offer shall be interpreted in accordance with the laws of Singapore and any legal
proceedings, actions or claims arising from or in connection with the Offer shall be
commenced in and heard before the courts of Singapore and you agree to irrevocably submit
yourself to the exclusive jurisdiction of the courts of Singapore.
	 
	10	 	Please also note that our granting of your request/application herein does not at any time
prejudice or waive any of our rights or remedies for breaches of your obligations to us. Any
waiver by us, to be effective, must be clearly and specifically stated in writing. In
addition, no failure or delay on the part of JTC to exercise any right or remedy under this
Offer shall be construed or operate as a waiver thereof, nor shall any single or partial
exercise of any right or remedy preclude the further exercise of such right or remedy.
	 
	11	 	To guide and assist you, we enclose a Schedule of Statutory Controls for
Flatted Factory Occupants.

Yours faithfully

Ms Vivien Goh

Assistant Manager (Lease Management)

Flatted Factory & Business Park Department

Customer Services Group

DID : 68833731

FAX : 68855936

Email :gohfsv@jtc.gov.sg

ENCS: [ Payment Table Specimen BG

             Plan Specimen Acceptance Form MT No. 27.09 

             Schedule of Statutory Controls (SC3)]

 

 

ANNEX A

OFFER OF TENANCY FOR PREMISES AT BLK 1008 TOA PAYOH NORTH #01-08 SINGAPORE
318996

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	GST
	A19597C: Building
Rent at $12.85 per sqm per
month on 56 sqm for period 1
July 2006 to 31 July
2006

	 	$	719.60	 	 	 	 	 	 	 	 	 
	Less: Bulk discount of
5%, at $0.64 psm per sqm per
month for period 1 July 2006
to 31 July 2006

	 	$	35.84	 	 	 	 	 	 	 	 	 
	 

	 	$	683.76	 	 	 	 	 	 	 	 	 
	Service charge at $2.25
per sqm per month on 56 sqm
for period 1 July 2006 to 31
July 2006

	 	$	126.00	 	 	$	809.76	 	 	$	40.48	 
	Less: Amount to be
deducted through GIRO	 	 	 	 	 	$	850.24	 
	Deposit equivalent to 3
months’ Building Rent
and Service Charge
(or Banker’s
Guarantee)

	 	$	2,429.28	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2 month’s
Building Rent and Service
Charge (Off- budget
Measure)

	 	$	1,619.52	 	 	$	809.76	 	 	 	 	 
	Stamp Duty for
Letter of Acceptance (in
duplicate)

	 	 	 	 	 	$	78.00	 	 	 	 	 
	Note : If the
Letter is not returned to us
within 14 days of the date
of the Letter, you will have
to pay penalty on the stamp
duty which is imposed by
Stamp Duty Office of
IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	Total Payable
(inclusive of GST at
prevailing rate)

	 	 	 	 	 	$	887.76	 	 	 	 	 
	Less: Cash Deposit

	 	 	 	 	 	$	916.16	 	 	 	 	 
	Credit Balance

	 	 	 	 	 	$	28.40	 	 	 	 	 

Alternatively, please let us have your cheque for $78.00 and a Banker’s Guarantee for
$809.76.

Please note that your first month’s rent of $850.24 will be deducted through your Giro
Account in July 2006.exv10w60

 

 1 

Exhibit 10.60

	 	 	 	 	 
	Please quote our reference when replying	 	

	Our Ref : JTC(L) 3601/2506
	 	 	 	 
	 
	 	 	 	 
	22 September 2006
	 	 	 	 
	 
	 	 	 	 
	TRIO-TECH INTERNATIONAL PTE LTD	 	JTC Corporation
	1008 TOA PAYOH NORTH	 	The JTC Summit
	#03-09	 	8 Jurong Town Hall Road
	SINGAPORE(318996)	 	Singapore 609434
	 
	 	 	 	 
	 

	 	contact
	 	1800 568 7000
	 

	 	centre hotline	 	 
	 
	 	 	 	 
	 

	 	main line
	 	(65) 6560 0056
	 
	 	 	 	 
	 

	 	facsimile
	 	(65) 6565 5301
	 
	 	 	 	 
	By Local Urgent Mail

	 	website
	 	www.jtc.gov.sg

(Attention : LEE-SOON SIEW KUAN)

Dear Sirs,

	1	 	We are pleased to offer a tenancy of the Premises subject to the
covenants, terms and conditions in the annexed Memorandum of Tenancy No. 27.09
(“the MT”) and in this letter (collectively called “the Offer”).
	 
	2	 	2.1 The Premises :

Private Lot A0618413 also known as Unit #02-03 /04 /05 /06 (“the
Premises”) in BLK 1008 TOA PAYOH NORTH (“the Building”) in
the TOA PAYOH NORTH INDUSTRIAL ESTATE SINGAPORE 318996 as delineated and
edged in red on the plan attached to the Offer.

	 	2.2	 	Term of Tenancy :
	 
	 	 	 	 3 years 0 months (“the Term”) with effect from 1 December 2006
(“the Commencement Date”).
	 
	 	2.3	 	Tenancy :

	 	(a)	 	Your due acceptance of the Offer in accordance
with Clause 3 of this letter shall, together with the Offer,
constitute a binding tenancy agreement (“the Tenancy”).
	 
	 	(b)	 	In the event of any inconsistency or conflict
between any covenant, term or condition of this letter and the MT,
the relevant covenant, term or condition in this letter shall
prevail.

LO(FF) 30.003+MT 27.09/09 July 2002/IDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zmy+sr+vfm+at+sl

      

 

 

 2 

	2.4	 	Area :
	 
	 	 	Approximately 283.1 square metres (“the Area”).
	 
	2.5	 	Rent :

	 	(a)	 	Discounted rate of ( $9.98 ) per square metre per month on the
Area, for so long as you shall occupy by way of tenancy an aggregate floor area
of 5,000 to 9,999 square metres in the Building or in the various flatted
factories belonging to us; and
	 
	 	(b)	 	Discounted rate of ( $10.19 ) per square metre per month on the
Area, in the event that the said aggregate floor area occupied is at any time
reduced to between 1,000 to 4,999 square metres in the Building or in the
various flatted factories belonging to us; and
	 
	 	(c)	 	Normal rate of ( $10.50 ) per square metre per month on the
Area, in the event that the said aggregate floor area occupied is at any time
reduced to below 1,000 square metres (when the discount shall be totally
withdrawn) with effect from the date of reduction in the said aggregate floor
area,
	 
	 	 	 	(“Rent”) to be paid without demand and in advance without
deduction on the 1st day of each month of the year (i.e. 1st of January,
February, March, etc.). After your first payment is made in accordance
with Clause 3 of this letter and the attached Payment Table, the next
payment shall be made on 01 January 2007.

	2.6	 	Service Charge :
	 
	 	 	$2.25 per square metre per month (“Service Charge”) on the Area as charges
for services rendered by us, payable by way of additional and further rent without
demand on the same date and in the same manner as the Rent, subject to our revision
from time to time.

LO(FF) 30.003+MT 27.09/09 July 2002/IDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zmy+sr+vfm+at+sl

 

 

  3 

	2.7	 	Security Deposit/Banker’s Guarantee :
	 
	 	 	Ordinarily we would require a tenant to lodge with us a security deposit
equivalent to three (3) months’ rent and service charge. However, as payment by
GIRO has been made a condition with which you must comply under clause 3 of this
letter, you shall, at the time of your acceptance of the Offer, place with us a
deposit equivalent to one (1) month’s Rent (at the discounted rate) and Service
Charge (“Security Deposit”) as security against any breach of the covenants,
terms and conditions in the Tenancy, as follows :

	 	(a)	 	The Security Deposit may be in the form of cash or
acceptable Banker’s Guarantee in the form attached (effective from
1 October 2006 to 28 February 2010 ), or such other form of security as we may
in our absolute discretion permit or accept.
	 
	 	(b)	 	The Security Deposit shall be maintained at the same sum
throughout the Term and shall be repayable to you without interest, or
returned to you for cancellation, after the termination of the Term (by
expiry or otherwise) or expiry of the Banker’s Guarantee, as the case may be,
subject to appropriate deductions or payment to us for damages or other sums
due under the Tenancy.
	 
	 	(c)	 	If the Rent at the discounted rate is increased to the normal
rate, or Service Charge is increased, or any deductions are
made from the Security Deposit, you shall immediately pay
the amount of such increase or make good the deductions
so that the Security Deposit shall at all times be equal to
one (1) month’s Rent (at the normal or discounted rate, as
the case may be) and Service Charge.
	 
	 	(d)	 	If at any time during the Term, your GIRO payment is
discontinued, then you shall place with us, within two (2)
weeks of the date of discontinuance of your GIRO payment,
the additional sum equivalent to two (2) months’ Rent and
Service Charge, so that the Security Deposit shall at all
times be equal to three (3) months’ Rent (at the normal or
discounted rate, as the case may be) and Service Charge
for the remaining period of the Term.

	2.8	 	Mode of Payment :

	 	(a)	 	Your first payment to be made with your letter of acceptance in accordance with
Clause 3 of this letter and the attached Payment Table shall be by non-cash mode (eg,
cashier’s Order, cheque).

LO(FF) 30.003+MT 27.09/09 July 2002/IDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zmy+sr+vfm+at+sl

 

 

  4 

	 	(b)	 	Thereafter during the Term, you shall pay Rent, Service Charge and GST by Interbank GIRO or any other mode to be determined by us.
	 
	 	(c)	 	You have an existing account with us from which we shall deduct
the aforesaid payments. You are therefore not required to submit a duly
completed GIRO form as part of the Mode of Due Acceptance. But if
you wish to have a separate GIRO account to meet the aforesaid
payments please complete the GIRO deduction form enclosed.
	 
	 	(d)	 	However, pending finalisation for the GIRO arrangement, you shall
pay Rent, Service Charge and GST as they fall due by cheque or Cashier’s Order.

	2.9	 	Authorised Use :
	 
	 	 	You shall use the Premises for the purpose of MANUFACTURE OF SEMICONDUCTOR
ASSEMBLY AND TESTING EQUIPMENT (INCLUDING COMPUTER BURN-IN SYSTEM)
only and for no other purpose whatsoever (“the Authorised Use”).
	 
	2.10	 	Approvals :
	 
	 	 	The Tenancy is subject to approvals being obtained from the relevant
governmental and statutory authorities.
	 
	2.11	 	Possession of Premises :

	 	(a)	 	Subject to your acceptance of the Offer, keys to the Premises shall
be made available to you within the period of two (2) months before the
Commencement Date.
	 
	 	(b)	 	From the date you accept the keys to the Premises
(“Possession Date”) until the Commencement Date, you shall be deemed a licensee
upon the same covenants, terms and conditions as in the Tenancy.
	 
	 	(c)	 	If you proceed with the Tenancy after the Commencement Date,
the licence fee payable from the Possession Date to the Commencement Date
shall be waived (“Rent-Free Period”). Should you fail to so proceed, you
shall:

	 	(c1)	 	remove everything installed by you;
	 
	 	(c2)	 	reinstate the Premises
to its original state and condition; and

LO(FF) 30.003+MT 27.09/09 July 2002/lDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zmy+sr+vfm+at+sl

 

 

  5 

	 	(c3)	 	pay us a sum equal to the prevailing market rent payable for
the period from the Possession Date up to the date the
installations are removed and reinstatement completed to our
satisfaction,

without prejudice to any other rights and remedies we may have against you
under the Tenancy or at law.

	2.12	 	Loading Capacity :

	 	(a)	 	Normal (Ground & Non-ground) Floor Premises :
	 
	 	 	 	You shall comply and ensure compliance with the following restrictions :

	 	(a1)	 	maximum loading capacity of the goods lifts in
the Building; and
	 
	 	(a2)	 	maximum floor loading capacity of 15 kiloNewtons
per square metre of the Premises on the 02 storey of the
Building PROVIDED THAT any such permitted load shall be evenly
distributed.

	2.13	 	Option for Renewal of Tenancy :

	 	(a)	 	You may within 3 months before the expiry of the Term
make a written request to us for a further term of tenancy.
	 
	 	(b)	 	We may grant you a further term of tenancy of the Premises
subject to the following :

	 	(b1)	 	there shall be no breach of your obligations at
the time you make your request for a further term, and at the expiry of
the Term;
	 
	 	(b2)	 	the duration of the further term shall be
mutually agreed upon;
	 
	 	(b3)	 	the rent payable shall be at a revised rate to
be determined by us, having regard to the market rent of the Premises
at the time of granting the further term. Our determination of the
rent shall be final and conclusive; and
	 
	 	(b4)	 	the tenancy for the further term shall be upon
the same covenants, terms and conditions except for the duration,
rent, security deposit (which shall be equivalent to three (3) month’s
rent and service charge instead of two (2) months), and excluding a
covenant for renewal of tenancy.

LO(FF) 30.003+MT 27.09/09 July 2002/IDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zmy+sr+vfm+at+sl

 

 

 6 

	3	 	Mode of Due Acceptance :
	 
	 	 	The Offer shall lapse if we do not receive the following by 29 September 2006 :

	 	(a)	 	Duly signed letter of acceptance (in duplicate) of the Offer, in the form set
out in the Letter of Acceptance attached. (Please date as required in your
letter of acceptance)
	 
	 	(b)	 	Payment of the sum set out in the Payment Table attached.

	4	 	Please note that payments made prior to your giving us the other items listed above may be
cleared by and credited by us upon receipt. However, if those other items are not forthcoming
from you within the time stipulated herein, the Offer 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 whatsoever nature against
us.
	 
	5	 	Rent-Free Period :
	 
	 	 	As the Commencement Date will not be deferred, we advise you to accept the Offer as soon as
possible and to collect the keys to the Premises on the scheduled date in order to
maximize the Rent-Free Period referred to in Clause 2.11(c) of this letter.
	 
	6	 	Variation to the Tenancy :
	 
	 	 	Any variation, modification, amendment, deletion, addition or otherwise of the Offer shall
not be enforceable unless agreed by both parties and reduced in writing by us. No terms or
representation or otherwise, whether expressed or implied, shall form part of the Offer
other than what is contained herein.
	 
	7	 	Car-Parking Scheme :
	 
	 	 	The carpark for BLK 1008 TOA PAYOH NORTH is currently managed by WILSON PARKING
(SINGAPORE) PTE LTD and you will have to observe and be bound by all the rules and
regulations governing the use and operation of the carpark. You are requested to contact:

32 SULTAN GATE SINGAPORE 198480

Tel: 62621237

	 	 	on your use of the carpark.

LO(FF) 30.003+MT 27.09/09 July 2002/LDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zy+sr+vfm+at+sl

 

 

 7 

	8	 	Electricity Connection:
	 
	 	 	Upon your acceptance of the Offer, you are advised to proceed expeditiously to
engage a registered electrical consultant to submit two sets each of electrical
single-line diagrams and electrical layout plans to and in accordance with the
requirements of our Facilities Management Section, Operations Support Department of
our Customer Services Group, for endorsement before an application is made to SP
Services Ltd to open an account for electricity connection.
	 
	 	 	Please contact the Facilities Management Section at Blk 25 Kallang Avenue #05-02
Kallang Basin Industrial Estate Singapore 339416
for their requirements.
	 
	9	 	To guide and assist you, we enclose a Schedule of Statutory Controls for Flatted, Ramp-up
and Stack-up Factory Customers.

Yours faithfully

Cheng Su Ting

INDUSTRIAL DEVELOPMENT (HIGH-RISE) DEPARTMENT

INDUSTRIAL PARKS DEVELOPMENT GROUP

JTC CORPORATION

DID : 68833419

FAX: 68855899

Email: suting@jtc.gov.sg

ENCS:

	 	 	 	 	 
	þ Payment Table

	 	þ GIRO Form(s)
	 	þ Specimen BG Plan
	þ Specimen Acceptance Form

	 	þ MT No. 27.09	 	 
	þ Schedule of Statutory Controls for Flatted, Ramp-up and Stack-up
Factory Customers

LO(FF) 30.003+MT 27.09/09 July 2002/IDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zmy+sr+vfm+at+sl

 

 

 8 

PAYMENT TABLE

PREMISES : PRIVATE LOT A0618413 UNIT #02-03 /04 /05 /06 BLK 1008 TOA PAYOH NORTH TOA
PAYOH NORTH INDUSTRIAL ESTATE SINGAPORE 318996

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Amount	 	+5% GST
	Rent at $9.98 per square metre per month
on 283.1 square metres for the period 1
December 2006 to 31 December 2006

	 	$	2825.34	 	 	 	 	 	 	$	141.27	 
	$2.25 per square metre per month on
283,1 square metres for the period 1
December 2006 to 31 December 2006

	 	$	636.98	 	 	 	 	 	 	$	31.85	 
	Total Rent Payable (inclusive of
Service Charge)

	 	 	 	 	 	$	3462.32	 	 	$	173.12	 
	Security Deposit equivalent to
three (3) months’ Rent and Service
Charge (in cash or Banker’s Guarantee
provided in accordance with Clause 2.7
of this letter)

	 	$	10386.96	 	 	 	 	 	 	 	 	 
	Less:
	 	 	 	 	 	 	 	 	 	 	 	 
	Equivalent of two (2)
month’s Rent and Service Charge (re
GIRO)

	 	$	6924.64	 	 	$	3462.32	 	 	 	 	 
	Stamp fee payable on Letter of
Acceptance (which we will stamp on your
behalf)
	 	 	 	 	 	 	 	 	 	 	 	 
	Note: If the Letter is not returned to
us within 14 days of the date of the
Letter, you will have to pay penalty on
the stamp duty which is imposed by
Stamp Duty Office of IRAS.

	 	 	 	 	 	$	336.00	 	 	 	 	 
	Sub Total Payable

	 	 	 	 	 	$	7260.64	 	 	$	173.12	 
	Add: GST @ 5%

	 	 	 	 	 	$	173.12	 	 	 	 	 
	Total Payable inclusive of GST

	 	 	 	 	 	$	7433.76	 	 	 	 	 

LO(FF) 30.003+MT 27.09/09 July 2002/IDG (New Allocation)

GO+AN+LPN+WCL+TGP/LBL(CTG)/zmy+sr+vfm+at+sl

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00129-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00129-of-00352.parquet"}]]