Document:

exhibit10_74.htm

    EXHIBIT 10.74

    
 

    

    

    Please
quote our reference when replying Our Ref : JTC(L) 3729/199

    

     

    20
September 2007

    

    

     

    TRIO-TECH
INTERNATIONAL PTE LTD

    1008
TOA PAYOH NORTH

    #03-09

    SINGAPORE(318996)

    

     

    {Attention : JANICE
TAY )

    

     

    Dear
Sirs,

    

    By
Local Urgent Mail

    

     

    OFFER
OF TENANCY FOR FLATTED FACTORY SPACE

    

     

    ELAP
APPLICATION

     

    1     (a)   We
refer to your application to reserve the Premises using Express
Lane Application Programme ("ELAP") submitted on
4 September 2007 and
accorded the Application number A0618422 ("the Application")
which was approved by us on 20
September 2007.

     

            (b) Based on the
information provided by you in the Application and on condition that you have
not breached any of the
terms set out in the Terms and Conditions for the use of ELAP, 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 A0618422 also known
as Unit #04-11 /12
("the
Premises") in BLK 1004
TOA PAYOH NORTH ("the Building") in the
TOA PAYOH NORTH INDUSTRIAL
ESTATE SINGAPORE 318995 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 25 November 2007
("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.

            

    

     

    2.4 Area
:

     

       Approximately 181.4 square metres ("the
Area").

     

    2.5 Rent:

    

     

    
      	
              (a)  

            	
              Discounted
      rate of Dollars $9.45 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 Dollars $9.65 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 Dollars $9.95 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 December 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.

     

      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 25 September 2007 to
      24 February 2011 ),
      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).

            

    

     

    
      	
              (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
EQUIPMENTS 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

     

    
      	
               
      

            	
              (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 10 kiloNewtons per
      square metre of the Premises on the 04 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.

            

    

     

     

    2.13 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 3 years 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 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

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    

     

    
      	
               
      

            	
              (b3)
      the tenancy for the further term shall be upon the same covenants, terms
      and conditions except for the 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.

            

    

     

    3   
Mode
of Due Acceptance :

     

    The Offer
shall lapse if we do not receive the following by 24 September
2007:

     

    
      	
              (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.

     

    (c) *Duly
completed GIRO authorization form.

     

    
      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 1004 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 carpark. You are requested to
contact:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    

     

    
      	
               
      

            	
              736B GEYLANG ROAD SINGAPORE
      389647 

            	 
	 	
               Tel:
      67494119

            	 
	 	
               
      Fax:
      67493689

            	 

    

     

     

        on your use
of the carpark.

     

    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

     

    /s/ Cheng Su
Ting

    Cheng
Su Ting

     

    INDUSTRIAL
DEVELOPMENT (HIGH-RISE) DEPARTMENT

    INDUSTRIAL
PARKS DEVELOPMENT GROUP

     

    JTC
CORPORATION

    DID :
68833419

    FAX :
68855899

    Email :
suting@jtc.gov.sg

    

     

    ENCS:

     

    [x]
Payment
Table                                               [x]
GIRO Form(s)   [x] Specimen BG Plan

    [x]
Specimen Acceptance Form   [x] MT No. 27,09

    [x] Schedule of Statutory Controls for
Flatted, Ramp-up and Stack-up Factory Customers

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    PAYMENT
TABLE

    

      
        	
                 PREMISES
      : PRIVATE LOT A0618422 UNIT #04-11 /12 BLK 1004 TOA PAYOH NORTH TOA PAYOH
      NORTH INDUSTRIAL ESTATE SINGAPORE 318996

              
	
                Amount          +7%
      GST

              
	
                Rent
      at $9.45 per
      square metre per month on 181.4 square metres for
      the period 25 November
      2007 to 24
      December 2007

              	
                $1714.23

              	 
      	
                $120.00

              
	
                $2.25 per square metre
      per month on 181.4
      square metres for the period 25 November 2007 to
      24 December
      2007

              	
                $408.15

              	 
      	
                $28.57

              
	
                Total
      Rent Payable (inclusive of Service Charge)

              	 
      	
                $2122.38

              	
                $148.57

              
	
                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)

              	
                $6367.14

              	 
      	 
      
	
                Less:

                Equivalent
      of two (2) month's Rent and Service Charge (re GIRO)

              	
                $4244.76

              	
                $2122.38

              	 
      
	
                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.

              	 
      	
                $206.00

              	 
      
	
                Sub-Total
      Payable

              	 
      	
                $4450.76

              	
                $148.57

              
	
                Add:
    GST@7%

              	 
      	
                $148.57

              	 
      
	
                Total
      Payable inclusive of GST

              	 
      	
                $4599.33

              	 
      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    

    

    

    

    

     

    20
September, 2007

     

     

    Industrial
Development (High-Rise) Department J

    JTC
Corporation 

    The JTC
Summit 

    8 Jurong
Town Hall Road 

    Singapore
609434

     

    Attention:
Ms Cheng Su Ting

     

    Dear Ms
Cheng

     

    ACCEPTANCE
OF OFFER OF TENANCY FOR THE PREMISES AT UNIT #04-11/12 BLK 1004 TOA PAYOH NORTH
TOA PAYOH NORTH INDUSTRIAL ESTATE SINGAPORE 318995

     

    
      	
              1.  

            	
              We
      refer to your letter of Offer and the eStatement letter both dated 20
      September
      2007 for the Tenancy and hereby confirm our acceptance of all the
      covenants, terms and conditions of the Offer and eStatement
      letter.

            

    

     

    
      	
              2.  

            	
              We
      are currently on GIRO, thus we enclose herewith a cheque for the amount of
      S2476.95 and a Banker's/Insurance Guarantee for the amount of S2122.38 (1
      month's rental and service charge) as security deposit as confirmation of
      our acceptance.

            

    

     

    
      	
              3.  

            	
              We
      are fully aware that the Tenancy is subject to necessary approvals and
      clearances from the relevant governmental and statutory authorities
      (including but no limited to Pollution Control Department of the National
      Environment Agency and the Public Utilities Board). We shall be
      responsible to obtain and comply with such approvals and
      clearances.

            

    

     

     

                                /s/ Mrs. Lee Soon
Siew Kuan__

    Name of
Authorised signatory    :    Mrs. Lee Soon Siew
Kuan

    Designation                :    Vice President -
Logistics

     

    For and
on behalf of:

    TRIO-TECH
INTERNATIONAL PTE LTD

     

    In the
presence of:

     

                                /s/
Miss Janice Tay

    Name of
witness            :    Miss Janice Tay

    NRIC
No.                :    S8131639Bexhibitlijing.htm

    EXHIBIT 10.75

      

       

      Date
of Agreement: 13 August 2007

       

       

      Name
of Parties:

       

       

      
         

        
          	 Party “A”: Li Jing
      	 Party “B”: Trio-Tech
      (Chongqing) Co., Ltd.
	 	 
	 	 
	
                  Address
      of Property: 

                	Trio-Tech (Chongqing) Co.,
      Ltd. 

                  26-4/5,
      Future International Building

                  No.
      6 North Jianxin Road 1st Road

                  Jiangbei
      District, Chongqing

                  People's
      Republic of China 400020

                

        

         

      

       

      Agreement
between Landlord Li Jing “A” and Tenant Trio-Tech CQ “B”

       

       

      The two
agreements are for the rental of units 26-4 and 26-5

       

       

      1. A
agrees to rent out 2 units in Future International Building to B.

       

      
        	
                 Unit
      26-4

              	 101.33 sqm
      	 @ RMB 4863 p/m
      	 Deposit RMB
      9726
	 Unit 26-5
      	 93.13 sqm
      	 @ RMB 4614
      p/m	 Deposit RMB
      9228

      

       

       

      2.
Purpose of Usage – Office

       

       

      3. Rental
Period: August 15, 2007 to September 30, 2010

       

       

      4.
Payment Method:

       

          Rent will be
paid every 3 months (quarterly)

          Rental rate:
RMB 4,863 per month

          Deposit: RMB
9,726

       

       

      5.
Utility Charges – Party B is responsible for all utility charges.

       

       

      6.
Renovation / Modification of Building

       

       

      A will
guarantee safety and B is responsible for maintenance of the building. B is
allowed to remove the walls, but will have to reinstate them at its own expenses
when the units are returned to A.

       

       

      7.
Subletting – B is allowed to sublet the premises, but approval must be obtained
from A. Terms and conditions between B and sub-lessee will follow the main
contract (this contract). The subletting period should not be longer than the
period tenanted under the main contract.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      8.
Changes/ Termination Clauses

       

       

      Apart
from normal circumstances, the contract can be terminated if:

       

       

      i)
Special reasons from either A or B which both parties have mutually agreed
upon;

       

       

      ii)
Breach by B which cannot be rectified / corrected by A within 15 days after the
breach;

       

       

      iii)
Unforeseen circumstances which damage the units;

       

       

      iv)
Intervention by changes in government regulations.

       

       

      9. B’s
Responsibilities

       

       

      A
reserves the right to terminate the agreement and take back the units and B is
liable to compensate A:

       

       

      i) If B
did not seek A’s approval in writing to sublet to other parties;

       

       

      ii) If B
did not seek A’s approval in writing and changed the structure of the building,
causing damages, and did not manage to reinstate the building to its original
state;

       

       

      iii) If B
changed the usage of the rented units / misused the units or engaged in illegal
activities;

       

       

      i) If
there is a delay in rental payments by more than half a month.

       

       

      During
the tenancy period, if B stops renting the unit without obtaining consent from
A, B will have to compensate A double the rental rates. If the compensation does
not cover A’s losses, B will have to compensate further.

       

       

      10. A’s
Responsibilities

       

       

      A is
responsible for handing over the premises to B at the appointed time and date,
as agreed. A will compensate B based on 0.3% if there is late delivery of the
premises. If this continues after 7 days, A will have to further compensate to B
if the compensation is insufficient to cover B’s losses.

       

       

      The same
conditions as listed under Clause 9.1 will apply to A if A breaches the
contract.

       

       

      A commits
that it is the legal owner of the premises and promises that there will not be
any disputes over the ownership. If there are disputes over the ownership of the
rented units, A will have to compensate B’s losses/ damages if there should be
any.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      

       

       

      11. Other
Terms & Conditions

       

       

      11.1 The
terms and conditions listed hereby shall form all and part of the agreement
between A & B.

       

       

      11.2 Both
parties A & B, upon signing this agreement, agree that both have
responsibilities to adhere to the terms hereby listed in the agreement. In the
event that either party breaches any terms, the breaching party will have to
compensate according to the agreement.

       

       

      11.3 In
the event of disputes, any dispute will be settled according to the local
governing laws.

       

       

      11.4 This
agreement is binding upon both parties A & B upon signing the agreement.
Each shall keep one copy of the agreement.

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