Document:

exv10w37

 

Exhibit 10.37

DATED THE           DAY OF      DEC, 2004

BETWEEN

MALAYSIAN INDUSTRIAL ESTATES

BERHAD

AND

TRIO-TECH (MALAYSIA) SDN.

BHD.

(NO. 105390-V)

TENANCY AGREEMENT

(FACTORY LOT NO. 4

KAWASAN MIEL SUNGAI WAY BARU (FTZ), PHASE

III

SELANGOR DARUL EHSAN)

miel

Prepared by:

Legal Department

Malaysian Industrial Estates

BeMad

Na I Jalan MMOA

Taman PerinAkAn KS

Mul(im Batu, Batu Caves

68100 KUALA LUMPUR

Tel No. 03-61862616 -

 

 

THIS AGREEMENT is made on the date stated in Section 1 of Schedule A herein

BETWEEN

MALAYSIAN INDUSTRIAL ESTATES BERHAD (No. 5674-K), a company incorporated in Malaysia
and having its registered office at 21st Floor, Bangunan Amanah Capital, 82 Jalan Raja Chulan,
50200 Kuala Lumpur and business address at No. 3, Jalan 31/10A, Taman Perindustrian IKS Mukim
Batu, 68100 Kuala Lumpur (hereinafter referred to as “the Landlord”) of the one part

THE TENANT whose name and address are stipulated in Section 2 of Schedule A hereto (hereinafter
called “the Tenant”) of the other part.

WHEREAS the Landlord is the registered proprietor and beneficial owner of all that piece of land
and the factory building erected thereon described in Section 3 of Schedule A and delineated on
the plan annexed hereto as Schedule B (hereinafter referred to as “the said Premises”) and agrees
to let and the Tenant agrees to take the said Premises on the terms and conditions hereinafter
contained.

	 	 	WHEREBY IT IS HEREBY AGREED as follows:-
	 
	1.	 	GRANT OF TENANCY
	 
	1.1	 	Grant of Tenancy
	 
	 	 	The Landlord lets and the Tenant takes a tenancy of the said Premises for a term which is
stipulated in Section 4 of Schedule A commencing from the date stated in Section 5 of
Schedule A at the monthly rental specified in Section 6 of Schedule A payable monthly in
advance on or before the first day of each calendar month and the first payment to be made
on or before the date specified in Section 7 of Schedule A.
	 
	2.	 	SECURITY DEPOSIT
	 
	2.1	 	Security Deposit
	 
	 	 	The Tenant shall upon execution of this Agreement pay the Landlord a sum equivalent to
three (3) months rental specified in Section 8 of Schedule A hereto as security deposit for
the due observance and performance by the Tenant, of the stipulations, terms and conditions
of this Agreement. The said deposit shall be maintained at this figure during the term of
this tenancy and shall not be deemed to treated as payment of rent except that the Landlord
shall at its absolute discretion on the expiry of this tenancy or sooner determination of
this tenancy due to any breach of any of the provisions of this Agreement by the Tenant
deduct whatsoever sum from the security deposit that may be due to the Landlord including
but not limited to the following:

 

 

	 	[a]	 	all costs and expenses incurred in making good any damage to the said Premises and for any repairs or replacements or damaged or lost fixtures belonging to the Landlord;
	 
	 	[b]	 	any legal fee or administrative charges and disbursements due from and
payable by the Tenant;
	 
	 	[c]	 	any charges as stipulated in Clause 3.1.2, 3.1.5 and 3.1.12 herein contained;
	 
	 	[d]	 	any interest on delayed payments owing by the Tenant;
	 
	 	[e]	 	any outstanding rental owing by the Tenant;

	 	 	and to return the balance (if any) free of interest to the Tenant PROVIDED ALWAYS it is
hereby agreed that any deductions made by the Landlord -from the security deposit shall
not prejudice the Landlord’s claim against the Tenant for any breach of this Agreement.
	 
	3.	 	TENANT’S COVENANTS
	 
	3.1	 	Tenant’s Covenants
	 
	 	 	The Tenant hereby covenants with the Landlord as follows:-

	 	3.1.1	 	Payment of Rent
	 
	 	 	 	To pay the rent hereby reserved on the days and in the manner aforesaid.
	 
	 	3.1.2	 	Increased Outgoings
	 
	 	 	 	In the event that the assessments, quit rent, rates, taxes, property tax or
other imposition of a like nature by whatever name called levied in respect
of the said land and/or building thereon shall be increased over the amount
payable during the term hereby created (whether such increase is by way of
increase in the annual value or by way of increase in the rate of
assessment) to pay the excess relating to the said land and/or building
thereon.
	 
	 	3.1.3	 	Prohibition of Use

	 	[a]	 	To use and occupy the said Premises solely for the purpose
approved by the Landlord.
	 
	 	[b]	 	Not to carry on or permit or suffer to be carried on upon the said
Premises any trade of a noxious or offensive nature and not to
permit or suffer the said Premises to be used as the residence

 

 

or sleeping place of any person (other than a caretaker) but to use the
same solely for the purpose approved by the Landlord.

	 	3.1.4	 	Utility Charges

	 	[a]	 	To pay all charges in respect of water, including Indah Water
charges, electricity, conservancy and other facility, -service charges and
outgoings whatsoever which now are or at any time hereafter during the said term
may be imposed or charged upon or in respect of the said Premises or any part
thereof or for which the Tenant is liable.
	 
	 	[b]	 	To pay the minimum monthly contribution for electricity charges
and/or any other charges imposed by Tenaga Nasional Berhad.

	 	3.1.5	 	Alterations and Additions
	 
	 	 	 	Not to make any additions or alterations to the said Premises or any part thereof or
damage cut or alter any of the walls, ceilings, partitions, timber floors, electrical
wiring or plumbing or the Landlord’s scheme of decoration of the said
Premises without the Landlord’s previous consent in writing and the approvals (if
necessary) of the Appropriate Authorities and in the event of such consent and
approvals being obtained, to carry out the work at the Tenant’s own expense with such
materials and in such manner and at such times as shall be designated by the Landlord
PROVIDED ALWAYS that any increase in the charges in respect of assessment,
quit rent, rates, taxes, property tax or other impositions due to the alterations and
extensions made to the said Premises shall be borne by the Tenant. Further, upon the
determination of the term hereby created the Tenant shall restore the said Premises to
their original state and condition at the expense of the Tenant and if
the Tenant fails to restore the said Premises to its original condition, the
Landlord shall have the right to do and charge to the Tenant the costs thereby
incurred and to claim from the Tenant as debt due from the Tenant to the Landlord.
	 
	 	3.1.6	 	Upkeep of Premises
	 
	 	 	 	To keep the exterior and interior of the said Premises and all parts thereof
including all fixtures and fittings therein in good and tenantable repair and to keep
all closets, sinks, interior pipes, windows, door, locks, bolts and fastening in good
and tenantable repair and proper working order and to replace or repair the same if
broken, damaged or destroyed by the Tenant, its agent, workmen and others lawfully on
the said Premises and to replace all broken glass forthwith and so leave the same at
the end of the tenancy, fair wear and tear excepted.
	 
	 	miel	 	 

 

 

	 	3.1.7	 	Not to Assign or Sub-Let
	 
	 	 	 	Not to assign, sub-let, share or part with the possession of the said Premises or
any part thereof.
	 
	 	3.1.8	 	Nuisance
	 
	 	 	 	Not to do or permit to be done upon the said Premises any act or thing which is or
may be an annoyance or a nuisance to the Landlord or the occupiers of any
neighbouring or adjoining property.
	 
	 	3.1.9	 	Storage
	 
	 	 	 	Not to keep or permit to be kept on the said Premises or any part thereof any
materials of a dangerous or explosive nature the keeping of which may contravene
and/or be a breach any local statutes or regulations whereby the Landlord may be
exposed to penalty, fine or forfeiture or in respect of which an increased rate of
insurance may be required or the policy in respect of which may become void and
voidable.
	 
	 	3.1.10	 	Installation
	 
	 	 	 	Not without the previous consent in writing of the Landlord install or erect upon or
affix to the said Premises any permanent fixtures, machinery or apparatus and such
consent not to be unreasonably withheld PROVIDED ALWAYS that the Tenant shall
indemnify the Landlord against any loss or damage caused thereby.
	 
	 	3.1.11	 	Indemnity
	 
	 	 	 	That the Tenant shall indemnify and keep indemnified the Landlord from and against:-

	 	[a]	 	All claims, demands, writs, summons, actions, suits, proceedings, judgments, orders, decrees,
damages, costs, losses and expenses of any nature whatsoever which the Landlord may suffer or
incur in connection with loss of life, personal injury and/or damage to property arising from or
out of any occurrence in, upon or at the said Premises or any part thereof by reason of any act or
omission of the Tenant or of any of the Tenant’s employees, independent contractors, agents,
invitees or licensees; and
	 
	 	[b]	 	All loss and damage to the said Premises, and to all property therein caused directly or
indirectly by the Tenant or the Tenant’s employees, independent contractors,

4

 

 

invitees or licensees a and in particular but without limiting the
generality of the foregoing caused directly or indirectly by the
use or misuse, waste or abuse of water, gas or electricity or
faulty fittings or fixtures of the Tenant.

	 	3.1.12	 	Insurance

	 	[a]	 	Not to do or permit or suffer to be done any act or omission
which may render any increased or extra premium payable
by the Landlord for the insurance of the said Premises or
any part thereof or which may make void or voidable any
such insurance and to repay the Landlord on demand all
such increased insurance premium and to comply in all
respects with the requirements of the insurers with which the
said Premises may for the time being be insured and
forthwith on demand to make good to the Landlord all losses
or damages sustained by the Landlord consequent upon any
breach of this provision.
	 
	 	[b]	 	At its own cost and expense to insure and keep insured all
its goods and properties in the said Premises.

	 	3.1.13	 	Rubbish
	 
	 	 	 	Not to deposit or permit to be deposited any rubbish or refuse on any part of the said Premises.
	 
	 	3.1.14	 	Compliance with Law

	 	[a]	 	To comply with all by-laws, rules, regulations or orders of the
Department of Environment and the relevant Local
Authority/Town Council, State or Federal Government
affecting the said Premises having power in that behalf and
which are now in force or which may hereafter be enacted
and also comply with all the requirements of the Jabatan
Bomba including the installation of additional fire fighting
apparatus and will at all times hereafter indemnify the
Landlord and keep the Landlord indemnified against all
claims, demands, actions, proceedings, costs and expenses
in respect of such any act, matter or thing done or omitted to
be done in contravention of the said provisions.
	 
	 	[b]	 	To comply at all times during the said term with all statutory
requirements for ensuring the health safety and welfare of
the persons using or employed in or about the said Premises
or any part thereof.

	 	miel	 	 

 

 

	 	3.1.15	 	Prohibition of Pollution
	 
	 	 	 	Not to allow any dangerous, poisonous or objectionable effluent to be discharged into
the drains or sewers of the said Premises and to take all such measures and
precautions as may be necessary to ensure that any effluent so discharged will:-

	 	[a]	 	not be corrosive or otherwise harmful to the said drains or sewers; or
	 
	 	[b]	 	not cause any obstruction or deposit therein; or
	 
	 	[c]	 	not entail any ecological pollution.

	 	3.1.16	 	Inspection by Landlord
	 
	 	 	 	To permit the Landlord or its agents with or without workmen and others at least twice
a year at reasonable times to enter upon and to examine the condition of the said
Premises and thereupon the Landlord may serve upon the Tenant a notice in writing
specifying any repairs necessary to be done and require the Tenant forthwith to
execute the same and if the Tenant shall not within twenty-one (21) days after the.
service of such notice proceed diligently with the execution of such repairs then to
permit the Landlord or its agents or workmen to enter upon the said Premises and
execute such repairs and the costs thereof shall be a debt due from the Tenant to the
Landlord and be forthwith recoverable by the Landlord.
	 
	 	3.1.17	 	Floor Loading
	 
	 	 	 	Not to load the floors of the said Premises in excess of the load stated in Section 3
of Schedule A and to make good to the Landlord any damage owing to such overloading
and to provide ‘stronger foundations at the Tenant’s cost should there be any
requirement in excess of the capacity herein mentioned. The Landlord will not be
liable for any damage caused as a result of
	 
	 	3.1.18	 	Determination of Tenancy
	 
	 	 	 	[a] At the expiration or sooner determination of the term hereby created to yield the said
Premises with the fixtures thereto
(other than such Tenant’s trade fixtures as shall belong to the
Tenant unless required by the Landlord to be removed), in
good and tenantable repair and condition (fair wear and tear
excepted) to the Landlord together with all the keys to the

6

 

 

said Premises, and unless otherwise required by the Landlord, to
remove all lettering, internal partitions, fixtures and other
installations of the Tenant or any part thereof, as are specified by
the Landlord, from the said Premises and to reinstate in the said
Premises all air-conditioning installations or other electrical
installations to their original state to the satisfaction of the
Landlord, its architects or engineers. All damage done to the said
Premises by such removal shall be made good by the Tenant or damages
shall be paid by the Tenant to the Landlord within seven (7) days of
the Landlord notifying the Tenant on the amount thereof.

	 	[b]	 	If the Tenant fails to vacate the said Premises or to remove
its fixtures and partitions or reinstate in accordance with
Clause 3.1.18[al hereof the Tenant shall pay to the Landlord,
as agreed liquidated damages, a sum of money equivalent
to two (2) months rental for every month that it failed to
vacate and without prejudice to the foregoing it shall be
lawful for the Landlord, its servants or agents to remove the
fixtures and partitions on the Tenant’s behalf, repair all
damages and breakage caused by the Tenant and reinstate
the said Premises to a standard satisfactory to the Landlord
and all costs of such work shall be a debt due from the
Tenant to the Landlord and shall forthwith be recoverable by
the Landlord from the Tenant. The payment of agreed
liquidated damages shall not in any way be construed as
payment of rent to the Landlord and the Landlord reserves
the right to recover the said Premises by court action.

	4.	 	LANDLORD’S COVENANTS
	 
	4.1	 	Landlord’s Covenants
	 
	 	 	The Landlord hereby covenants with the Tenant as follows:-

	 	4.1.1	 	Quit Rent and Assessment
	 
	 	 	 	To pay but subject to Clauses 3.1.2 and 3.1.5 all quit rent and property
assessment charges for the said Premises.
	 
	 	4.1.2	 	Insurance
	 
	 	 	 	To keep insured the said Premises at all times throughout the tenancy against
loss or damage by fire, strike, malicious act, explosion, storm, tempest, tool
aircraft or anything dropped therefrom, riot and civil commotion and to expend
all moneys received. by virtue of such. insurance in rebuilding and
reinstating the

 

 

	 	4.1.3	 	Quiet Enjoyment
	 
	 	 	 	That the Tenant paying the rent hereby reserved and observing performing
the several covenants and stipulations on its part herein contained shall
peacefully hold and enjoy the said Premises during such term without any
interruption by the Landlord or any other person rightfully claiming under
or in trust for it.
	 
	 	4.1.4	 	Maintenance
	 
	 	 	 	To maintain and keep the main structure, walls, floors, roofs and drains of
the said Premises in good and tenantable repair and condition throughout
the term hereby created PROVIDED ALWAYS that the Tenant shall
be liable for any damage caused by the negligence of the Tenant its agents,
workmen and others lawfully on the said Premises.

	5.	 	REPRESENTATIONS AND WARRANTIES BY TENANT
	 
	5.1	 	Representations and Warranties by Tenant
	 
	 	 	The Tenant represents and warrant to the Landlord as follows
	 
	 	 	[a] that the Tenant is a company duly incorporated under the laws of Malaysia and has full
legal right, authority and power to enter into and bind
itself by this Agreement; all appropriate and necessary actions have been
taken to authorise the execution of this Agreement and the execution and
delivery thereof does not exceed the power and authority of the officers
executing the same; and
	 
	 	 	[b] the Tenant has obtained (or will obtain by the date of commencement
of the tenancy herein) all the necessary licences, approvals, permits and consents from all
relevant regulatory, licensing, local and other appropriate
authorities to operate on the said Premises and to carry on the business in
the way the Tenant intends to conduct its business.
	 
	6.	 	FORFEITURE
	 
	6.1	 	Forfeiture
	 
	miel

 

 

	 	[b]	 	the rent hereby reserved or any pat thereof shall at any time be unpaid for fifteen (15)
days after becoming due and payable whether formally demanded or not or
	 
	 	[c]	 	the Tenant ceases to occupy the said Premises;
	 
	 	[d]	 	the Tenant, being an individual, commits an act of bankruptcy;
	 
	 	[e]	 	the Tenant, being a company:

	 	(i)	 	enters into liquidation whether compulsory or voluntary (but not
if the liquidation is for amalgamation or reconstruction of a solvent company);
or
	 
	 	(ii)	 	has a receiver appointed;

	 	[f]	 	the Tenant enters into an arrangement for the benefit of its creditors; or
	 
	 	[g]	 	the Tenant has any distress or execution levied upon its goods;
	 
	 	[h]	 	the Tenant, being an individual shall die;

	 	 	then it shall be lawful for the Landlord at any time to serve a forfeiture notice upon the
Tenant pursuant to Section 235 of the National Land Code 1965 and it is hereby agreed that
a reasonable time in which to remedy the breach of the subject matter of the said
forfeiture notice shall be fourteen (14) days and on the expiration of the period specified
in the said forfeiture notice without the breach complained of having been remedied, the
Landlord shall forthwith be at liberty to re-enter upon the said Premises (or any pad
thereof in be name of be whole) at any time and thereupon this tenancy shall absolutely
determine but strictly without prejudice to the right of action of the Landlord in respect
of any antecedent breach of the Tenant’s covenant contained herein.
	 
	7.	 	PAYMENT WITHOUT DEDUCTIONS
	 
	7.1	 	Payment without deductions
	 
	 	 	All payments to be made by the Tenant to the Landlord hereunder shall be made in full and
without any set-off, counterclaim or merger or combination of accounts whatsoever and
shall be free and clear of and without deduction for, any taxes, levies, imposts, dudes,
charges, fees, deductions or withholding of any nature now or hereafter imposed by any
competent governmental or other authority.

9

 

 

	8.	 	INTEREST ON LATE PAYMENT
	 
	8.1	 	Interest on Late Payment

	 	[a]	 	In addition to and without prejudice to the powers rights and remedies by this
Agreement conferred, if the Tenant shall default in the payment seven (7) days after
the due date of the said rent or other moneys herein covenanted to be paid the Tenant
shall pay to the Landlord interest at the rate of ten percentum (10%) per annum on the
rent or any other sum at that time in arrears calculated from the date of such default
until the date of full payment of the said rent or such other moneys in arrears.
	 
	 	[b]	 	Interest at the aforesaid rate shall be chargeable as well after as before
judgment and shall be payable as of right within the meaning of Section 11 (b) of the
Civil Laws Act, 1956, and shall constitute the rate otherwise agreed between parties
within the meaning of Section 16(i) of the Courts of Judicature Act 1964.

	9.	 	REMOVAL OF TENANT’S PROPERTY
	 
	9.1	 	Removal of Tenant’s Property
	 
	 	 	If after the Tenant has vacated the said Premises on the expiry of the term and any
property of the Tenant remains in or on the said Premises and the Tenant fails to remove
it within seven (7) days after being requested in writing by the Landlord to do so or
after using its best endeavours the Landlord is unable to make such a request to the
Tenant within fourteen (14) days from the first attempt so made by the Landlord:-

	 	[a]	 	the Landlord may as the agent of the Tenant sell such property and the Tenant
will indemnify the Landlord against any liability incurred by it to any third party
whose property shall have been sold by the Landlord in the mistaken belief held in
good faith (which shall be presumed unless the contrary be proved) that such property
belongs to the Tenant;
	 
	 	[b]	 	if the Landlord having made reasonable efforts is unable to locate the Tenant
the Landlord shall be entitled to retain such proceeds of sale absolutely unless the
Tenant shall claim them within three (3) months of the date upon which the Tenant
vacated the said Premises;
	 
	 	[c]	 	the Tenant shall indemnify the Landlord against any damage occasioned to the
said Premises and any actions claims proceedings costs expenses and demands made
against the Landlord caused or related to the presence of the property in or on the
said Premises.

miel

10

 

 

	10.	 	CLAIM BY TENANT
	 
	10.1	 	No Claim by Tenant
	 
	 	 	Notwithstanding anything herein contained the Landlord shall not be liable to the Tenant,
nor shall the Tenant have any claim against the Landlord in respect of:-

	 	[a]	 	any interruption in any of the services hereinbefore mentioned by reason of
any repair or maintenance of any installations or apparatus or damage
thereto or destruction thereof by fire, water, riot, act of God or other cause
beyond the Landlord’s control or by reason of mechanical or other defect or
breakdown or other inclement conditions or shortage of manpower, fuel,
material, electricity or water or by reason of labour disputes;
	 
	 	[b]	 	any act, omission, default, misconduct or negligence of any party including
the Landlord in or about the performance or purported performance of any
duty relating to the provision of the said services or any of them;
	 
	 	[c]	 	any damage, injury or loss arising out of the leakage of the piping and wiring
in the said Premises and/or structure of the said Premises.

	11.	 	DAMAGE TO THE PREMISES
	 
	11.1	 	Damage to the Premises

	 	[a]	 	If the said Premises shall be partially destroyed or damaged by fire, strike,
malicious acts, explosion, storm, tempest, flood, aircraft or anything dropped
therefrom riot or civil commotion (except where such destruction or damage
has been caused by the fault or negligence of the Tenant) so as to be unfit
for use, the Landlord shall repair, restore and rebuild the said Premises to
substantially its former condition at the Landlord’s expense and the rent shall
be reduced proportionately until the said Premises have been repaired,
restored or rebuilt. If the Landlord shall fail to commence such repairs,
restorations or reconstructions within ninety (90) days of such partial
destruction or damage, then the Tenant may (but shall not be obliged to) with
the consent of the Landlord make such repairs, restorations or
reconstructions and the Landlord shall reimburse the Tenant for the cost
thereof within fifteen (15) days from the production by the Tenant of the
relevant receipts of payment.
	 
	 	[b]	 	If the said Premises shall be completely or substantially destroyed by fire,
strike, malicious acts, explosion, storm, tempest, flood, aircraft or anything
dropped therefrom, riot and civil commotion (except where such destruction
or damage has been caused by the fault or negligence of the Tenant) so as
to be wholly unfit to use, then either party may by written notice to the other
within ninety (90) days thereafter elect to terminate this tenancy such

miel

 

 

termination to be effective as from the date of ‘ such destruction or damage
aforesaid and a proportionate refund shall be made to the Tenant by the
Landlord for any advance rental paid. In the event neither party elects to
terminate the tenancy the Landlord shall, at its expense promptly rebuild or
restore the said Premises to substantially its former condition and no rental
shall be payable until be said Premises are again rendered fit for occupancy
and use.

	12.	 	OPTION TO RENEW
	 
	12.1	 	Option to Renew
	 
	 	 	The Landlord may on the written request of the Tenant made six (6) calendar months before
the expiration of the term hereby created and if there shall not at the time of such
request be any existing breach or non-observance of any of the covenants on the part of
the Tenant herein contained, at the expense of the Tenant grant to the Tenant a further
term of two (2) years from the date of the expiration of the term hereby created at a
revised rental to be mutually agreed between the parties hereto but otherwise containing
the like covenants and provisos contained herein or any other covenants and provisos
imposed by the Landlord for renewal PROVIDED ALWAYS that two (2) weeks prior to
the commencement of the renewed term the Tenant shall forthwith forward to the Landlord
the additional security deposit failing which this option shall lapse and the Landlord
shall be at liberty to grant a tenancy of the said Premises to any party without having to
account to the Tenant whatsoever.
	 
	13.	 	PREMATURE TERMINATION BY TENANT
	 
	13.1	 	Termination before Expiry
	 
	 	 	If the Tenant shall determine this Agreement before the expiration of the tenancy hereby
created, the Tenant shall pay to the Landlord a sum of money equivalent to the total sum
of the monthly rental for the unexpired term of the tenancy hereby created by way of
agreed liquidated damages.
	 
	14.	 	NOTICE
	 
	14.1	 	Notice
	 
	 	 	Any notice under this Agreement shall be in writing. Any notice to the Tenant or the
Landlord shall be sufficiently served if sent to it by registered post or left at the
registered office in accordance with Section 350 of the Companies Act 1965 or to the
address of the Tenant or Landlord provided herein.

miel

12

 

	15.	 	WAIVER OR INDULGENCE
	 
	15.1	 	Waiver or Indulgence
	 
	 	 	Any indulgence given by the Landlord shall not constitute a waiver of or prejudice the
Landlord’s rights contained in this Agreement.
	 
	16.	 	TIME
	 
	16.1	 	Time
	 
	 	 	Time wherever mentioned in this Agreement shall be of the essence of this Agreement.
	 
	17.	 	STAMP DUTY AND SOLICITOR’S COST
	 
	17.1	 	Stamp Duty and Solicitor’s Cost

	 	[a]	 	The costs and expenses of and incidental to this Agreement including stamp
duty shall be borne and paid by the Tenant.
	 
	 	[b]	 	If the said Premises or rental or any other money due to the Landlord herein
shall be required to be recovered through any process of law or be placed in
the hands of solicitors or other agent for collection the Tenant shalI pay all
fees and expenses incurred by the Landlord in respect of such recovery or
collection on a full indemnity basis including the fees and expenses of the
Landlord’s solicitors on a solicitor and own client basis.

	18.	 	INVALIDITY OF ANY PROVISION
	 
	18.1	 	Invalidity of Any Provision
	 
	 	 	Any provisions of this Agreement which is invalid, unenforceable or prohibited shall not
effect the validity or enforceability of the remaining provisions of this Agreement.
	 
	19.	 	INTERPRETATION
	 
	19.1	 	Interpretation
	 
	 	 	In this Agreement where the context so admits the expression “Landlord” and “Tenant”
include the respective successors in title and assigns of the parties hereto and words
denoting the singular number only shall include plural and vice versa and words denoting
persons shall include corporation and partnership and vice versa and all words importing
the masculine gender shall be deemed to include the feminine and neuter genders and vice
versa. Reference to Clause and Schedules are to be construed as references to Clause and
Schedule of this Agreement.

13

 

	 	 	 
	21

	 	PROPER LAW
	 
	 	 
	20.l

	 	Proper Law
	 
	 	 
	 

	 	This Agreement shall be governed by and construed in all respects in accordance with the
Laws of Malaysia.
	 
	 	 
	21.

	 	SCHEDULE
	 
	 	 
	21.1

	 	Schedule
	 
	 	 
	 

	 	The Schedules annexed hereto shall be read and construed as an essential part of this
Agreement.

IN WITNESS WHEREOF the Landlord by its representatives and the Tenant have hereunto set their
hands the day and year first above written.

			
	SIGNED for and on behalf of the

Landlord

MALAYSIAN INDUSTRIAL ESTATES	 	 
	  BERHAD by Us Attorney in the presence of:-	 	 
	 
	 	 
	 
	 	:/s/ Azmi Bin Tambi Chik
	 	 	 
	    MALAYSIAN INDUSTRIAL ESTATES BERHAD
	 	P. A. Registration No. 44844/97

(company No: 5674-K)

:/s/ Salmah Abu Kassim

Legal Officer

  The execution of this instrument by
  the
Tenant was duly effected in a
  manner
authorised by As
  constitution
under be seal of the
  Tenant
which said seal was
  hereunto
affixed in the presence of:-

:/s/ Yong Siew Wai

Director

:/s/ Soon Siew Kuan

Director

 

 

SCHEDULE A

(to be taken read and construed as an essential part of this Agreement)

	 	 	 	 	 
	SECTION	 	ITEM	 	PARTICULARS
	1

	 	Date of this Agreement
	 	The day of— 6 DEC 2004 
	 
	 	 	 	 
	2

	 	Name of the Tenant
	 	TRIO-TECH (MALAYSIA) SDN. BHD.
	 

	 	 	 	(Company No. 105390-V)
	 

	 	Registered Address
	 	Suite 18.05, MWE Plaza
	 

	 	 	 	No. 8, Lebuh Farquhar
	 

	 	 	 	10200 Penang
	 

	 	Business Address
	 	Lot 1 11A, Jahn SS 8/2
	 

	 	 	 	Sungai Way Free Industrial Zone
	 

	 	 	 	47300 Petaling Jalan
	 

	 	 	 	Selangor Darul Ehsan
	 
	 	 	 	 
	3

	 	Particulars of Premises	 	 
	 

	 	Description/identification of
	 	Factory Lot No. 4
	 

	 	factory building
	 	Kawasan MIEL Sungai Way Baru (FTZ)
	 

	 	 	 	Phase III, Selangor Darul Ehsan
	 

	 	Floor Loading
	 	400 lbs. Per sq. ft.
	 

	 	Driveway Loading	 	 
	 
	 	 	 	 
	4

	 	Term of Tenancy
	 	Three (3) years
	 
	 	 	 	 
	5

	 	Date of Commencement
	 	  - 1 DEC 2004 

 

 

SCHEDULE B

PLAN

	 	 	 	 	 
	SECPON	 	ITEM	 	PARACULARS
	6

	 	Monty Rental
	 	Ringgit Malaysia Twenty Three Thousand
	 

	 	 	 	Three Hundred Ninety Five
	 

	 	 	 	(RM23,395.00) Only
	 
	 	 	 	 
	7

	 	Effective Dab of Rental
	 	  - 1 FEB 2005 
	 
	 	 	 	 
	8

	 	Security Deposit
	 	Ringgit Malaysia Seventy Thousand One
	 

	 	(3 months rental)
	 	Hundred Eighty Five (RM70,185.00) Onlyexv10w38

 

Exhibit 10.38

ascendas

22nd September 2004

Mr Richard Lim

Corporate Vice-President

Trio-Tech International Private Limited

1004 Toa Payoh North #07-01

Singapore 318995

Fax No. 65-62537060

Dear Richard,

RENTAL OFFER FOR READY-BUILT FACTORY (RBF) — BLOCK B #05-01/02 ROOM 6 (52SQM) IN
SUZHOU INDUSTRIAL PARK CHINA 215021

	1.	 	I am glad to meet up with you again in Suzhou as we have always missed each other
during your previous trips to Suzhou.
	 
	2.	 	During our discussion on 17 Sept 04, we understand that Trio-Tech will not be able to
start your burn-in services until mid next year. As such, Trio-Tech will not need the
510 sqm unit on the 3rd floor of Block A.
	 
	3.	 	We also understand that Trio-Tech will need a bigger office area to provide support
service to some of your customers in China. We are therefore pleased to
forward herewifth the rental offer for Room 6 of our TSC7 at Block B # 0501102 for your
favorable acceptance. The TSC7 will be ready around Nov/Dec which is timely since your
current lease WE be expiring at the end of year.
	 
	4.	 	The main terms and conditions are as follows:

	 	 	 
	Premises

	 	: Room 6 at Block B #05-01/02
	Address

	 	: No. 5, Xing Han Street, SIP,-,
	Floor Area

	 	: Approx. 52 sqm
	Lease Term

	 	: Twelve (12) months
	Rental Rate

	 	: RMB49.80 per sqrn per month
	Service Charge

	 	: RMB8.30 per sqm per month
	Remarks

	 	: Offer subjects to availability and contract

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 67619141
	 

	 	Website www.aseendas.com

 

 

ascendas

	5.	 	Please note that Trio-Tech will need to sign the acceptance letter before we proceed to
carry out the additional renovations (at your own cost) before 24 September 2004, if you
decide to use Ascendas-Xinsu’s renovation service.
	 
	6.	 	We would also like to bring to your attention on the power provision for office space in
our TSCs. In this case, please advise if Trio-Tech requires additional power capacity for
your support service. It will be difficult to do any adjustment once the power cables are
installed.
	 
	7.	 	If you find the above terms agreeable, please sign and stamp on the last page of the
attached Letter of Rental Offer and return it to us.
	 
	8.	 	We look forward to hearing from you soon. Thank you.

/s/Karen Tee

Karen Tee

Deputy General Manager (Marketing)

End.

-Site Plan

-Floor Plan for Block B #05-01/02, Room 6

-EM Service

-Technical Specification

Cc: Ms WANG (Trio- Tech (SIP) Co., Ltd)

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

 

 

ascendas

RENTAL OFFER FOR READY-BUILT FACTORY (RBF) — BLOCK B #05-01/02 ROOM 6
IN SUZHOU INDUSTRIAL PARK CHINA 215021

We are phased to offer a tenancy of the Premises subject to the following terms and
conditions:-

	1.0	 	Description of Premises
	 
	1.1	 	Property
	 
	 	 	Room 6 in Block B #05-01/02 (H1 Series) Flatted Factory in Phase 1, which
had been mortgaged to the Bank of China (“Bank”) for the Landlord’s financing purpose.
	 
	1.2	 	Location
	 
	 	 	No. 5 Xing Han Street, Block B #05-01/02, Room 6, Postal Code
215021 Suzhou Industrial Park, People’s Republic of China.
	 
	1.3	 	Built-up Area of RBF
	 
	 	 	Approximately 52 square meters for Block B(H1 Series), on the 5th floor of Block A.
	 
	2.0	 	Term & Rent Free Period
	 
	2.1	 	Term of the Tenancy
	 
	 	 	For the Premises, the lease term is Twelve (12) months commencing from the
date of possession (handover).
	 
	3.	 	Rent, Service Charge & Deposits
	 
	3.1	 	Rent
	 
	 	 	At the yearly rent of RMB Yuan Thirty One Thousand Seventy Five and Cents Twenty only
(RMB31,075.20) to be paid by equal quarterly instalments of RMB7,768.80 each
without demand and in advance without deduction on the 1st day of each of
the months of January, April, July and October (“the due date”) in every year of the
Term the first of such payments to be made as stipulated in the Tenancy Agreement at
our office or at such

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

 

 

ascendas

other offices as we may designate calculated at the rental rate of RMB Yuan Forty
Nine and Cents Eighty Only (RMB49.80) per square metre per month of the Built-up Area of
the Premises. The Rent shall be payable with effect from the Possession Date.

	3.2	 	Security Deposit

At an amount equivalent to three (3) months’ Rent, based on RM49.80 psm/month (i.e.
RMB7768.80) shall be paid in the following manner:-

	 	a.	 	2-months security deposit of cash in the sum of USD252.00 paid for
the lease for Room H of TSC4 at Block B#06-11/13 shall be kept for
this new lease term.
	 
	 	b.	 	The balance in the sum of RMB5677.20 payable upon signing of this
Letter of Offer,
	 
	 	C.	 	to be paid by telegraphic transfer/cash payment.

The Security Deposit shall be the security deposit as required under the Tenancy
Agreement and shall not at any time be deemed as payment of all or any part of the Rent
and shall be used in accordance with the provisions herein contained and against the
breach of the Tenancy Agreement. In the event that after the commencement of the tenancy,
you, for whatever reasons fail to complete the full Term of the tenancy, we shall be
entitled to forfeit the Security Deposit.

	3.3	 	Service Charge
	 
	 	 	At the rate of RMB Yuan Five Thousand One Hundred and Seventy Nine and Cents Twenty Only
(RMB5,179.20) per annum payable in advance on the same dates and in the same manner as
for Rent by quarterly installment of RMS1,294.80 calculated at the rate of RMB Yuan
Eight and Cents Thirty Only (RMB8.30) per square meter per month of the Built-up Area of
the Premises as charges for estate management services undertaken by us.
	 
	3.5	 	Stamp Duties/Legal Fees/Other Government Taxes
	 
	 	 	The Rent quoted above is inclusive of land use fees, property tax and connection and
enhancement fees for water, electricity and sewerage for the Premises up to the capacity
stated in the Tenancy Agreement which have been paid upfront by us to the Chinese
Authorities.

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

 

 

ascendas

However, you are required to bear your own legal fees, governmental taxes and stamp
fees incurred for this tenancy transaction unless otherwise dictated by the Chinese
laws.

	3.6	 	Currency for Payment
	 
	 	 	The Rent, Security Deposit, Service Charge and any sum payable under this offer or the
Tenancy Agreement, §hall be paid in Renminbi (“RMB”).
	 
	4.0	 	Additional Terms
	 
	4.1	 	Usage
	 
	 	 	Your usage of the Premises shall be subject to the approval of the Suzhou Industrial
Park Administrative Committee and other relevant authorities.
	 
	4.2	 	Electrical Design Load
	 
	 	 	The maximum electrical design load that applies to the Premises is below 25 A (“the
design load”). Should you require additional electrical bad, we may at our discretion
arrange for such higher electrical load to be supplied to the Premises and the costs of
such arrangement shall be borne by you. In addition, you shall bear the additional fees
or such fees to be imposed by the Chinese authorities and any charges and expenses in
relation to the increased load.
	 
	4.3	 	Restoration of the Premises
	 
	 	 	Immediately prior to the termination of the Term of tenancy, you shall restore the
Premises in all respects to its original state and condition at the Date of Possession,
if so required by us. The restoration works shall include but not limited to the
demolition of any structure or building constructed by you therein, redecoration and
painting the interior of the Premises to our satisfaction.
	 
	 	 	In the event that you fail in any way to observe or perform your obligations as provided
in this Clause, without prejudice to any other rights and remedies we may have against
you, we may:

	 	(a)	 	execute such work for such restoration and redecoration; and

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

 

 

ascendas

	 	(b)	 	recover all costs and expenses thereof from you including the
Rent, Service Charge, tax and other amounts which we would have been
entitled to receive from you had the period within which such
restoration and redecoration are effected by us been added to the
Term of tenancy.

	4.4	 	Further Term

on your written request made not less than three (3) months before the
expiration of the Term of tenancy and if there shall not at the time of such
request be any existing breach by you of any of the terms and conditions of
the Tenancy Agreement, we shall grant you, at your cost and expense, a
further lease term or such term as may be permitted under the laws of the
PRC and agreed mutually by the parties in writing at a revised rent to be
determined by us in accordance with the market rental at the time of such
request but any increase in rent s hall not exceed 30% of the Rent and
containing, inter alia, the terms and conditions of the Tenancy Agreement
subject to such variations or modifications as may be imposed by us with the
exception of and without the present provision for renewal.

	4.5	 	Force Majeure

In the event that any of the parties shall be rendered unable to perform within the
stipulated time the whole or any part of its obligations under this offer by reason of
Force Majeure, the time limit for the performance of this offer or any provision thereof
shall be extended for a period corresponding to the effects of such Force — Majeure,
Force Majeure refers to any occurrence beyond the reasonable control of the Parties such
as:

	 	(1)	 	fire, flood, storm, typhoon, explosion, landslide, tempest, earthquake or any
natural calamities;
	 
	 	(il)	 	war, riot, civil commotion or unrest, military actions or similar events in
the Estate or Suzhou Municipality.

The party affected by the event of Force Majeure shall inform the other party in the
shortest possible time after the occurrence of such event and provide the other party
with documents sufficiently evidencing the cause, nature and severity of the occurrence
of such event as soon as possible.

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

 

 

ascendas

Upon the occurrence of an event of Force Majeure, the parties shall
use their best endeavours to reduce the effects of such event on the
performance of this offer to a minimum.

	4.6	 	Non Assignabillity Or Transfer Of Rights Under This Offer
	 
	 	 	You shall not assign, transfer, part with or share your interest under
this offer without our prior written consent.
	 
	4.7	 	Confidentiality
	 
	 	 	You shall agree to keep this offer and all information exchanged in
connection therewith confidential at all times.
	 
	 	 	You shall further agree to co-ordinate with each other on all press
releases and other public announcements to be made in connection with this
offer.
	 
	4.8	 	Settlement of Dispute
	 
	 	 	Any dispute arising from the Agreement shall be settled amicably. Failing
such amicable settlement, then the dispute shall be settled by proceedings
in the courts of Suzhou.
	 
	4.9	 	Possession Date
	 
	 	 	You shall be required to take possession the Premises on or before 30 Nov
2004, or such other later date as may be mutually agreed in writing (“the
Expiry Date”), failing which we shall be entitled to forfeit the Security
Deposit whereupon this offer shall cease to have any legal or other effect
whatsoever and me shall be completely discharged and released from any
liability, obligation, responsibility or duty whatsoever whether arising
from or in connection with this offer or otherwise and you shall not have
any claim, action, remedy or recourse whatsoever against us,
	 
	5.0	 	Validity of Offer & Execution of Tenancy Agreement
	 
	5.1	 	Tenancy Agreement
	 
	 	 	You shall be required to execute the Tenancy Agreement on or before 30
Dec 2004, or such other later date as may be mutually agreed in writing
(“the

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

 

 

ascendas

Expiry Date”), failing which we shall be entitled to forfeit the Security Deposit.
Provided that in the event that we are unable for any reason whatsoever to execute the
Tenancy Agreement on or before the Expiry Date, we shall return the Security Deposit
without interest to you whereupon this offer shall cease to have any legal or other
effect whatsoever and we shall be completely discharged and released from any liability,
obligation, responsibility or duty whatsoever whether arising from or in connection with
this offer or otherwise and you shall not have any claim, action, remedy or recourse
whatsoever against us.

The Tenancy Agreement shall include the terms of this offer and forthwith upon acceptance
of this offer, you may commence negotiation with regard to the remaining terms and
conditions of the Tenancy Agreement other than the terms of this offer.

	5.2	 	Mode of Acceptance
	 
	 	 	This offer shall lapse if We do not receive all of the following by 30
September 2004.

	 	a.	 	Letter of acceptance;
	 
	 	b.	 	Balance of the Security Deposit (RMB5677.20)

For payment, our bank account details are as follows:

	 	 	 
	Payee’s Name

	 	: ASCENDAS-XINSU DEVELOPMENT (SUZHOU) CO, LTD.
	RMB Account No

	 	: 412-08415208091001
	Bank

	 	: Bank of China Suzhou Industrial Township Sub-Branch

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

 

 

PART 4: BUILDING SPECIFICATIONS

	 	 	 
	BUILDING SERIES TYPE

	 	H1
	MODEL

	 	6-Storey Flatted
	OCCUPATION

	 	Multi-tenants
	TOTAL GROSS FLOOR AREA

	 	Approximately 28,514 sq- m per bloqk
	NET AREA
	 	 
	Ist Storey

	 	Approximately 3,603
	2nd Storey

	 	Approximately 3,778 sq. m
	3rd Storey

	 	Approximately 3.778 sq. m
	4th Storey

	 	Approximately 3,178 sq. m
	5th Storey

	 	Approximately 3,778 sq. m
	6th Storey

	 	Approximately 3,778 sq.’m
	Total

	 	Approximately 22,493 sq- m
	STRUCTURE TYPE

	 	R.C. Structure
	FLOOR HEIGHT
	 	 
	1st Storey

	 	Approximately 3,800 mm
	Remaining Storeys

	 	Approximately 3,800 mm
	FLOOR LOADING
	 	 
	1 st Storey

	 	Approximately 12.5 KN/sq. m
	2nd — 3rd Storey

	 	Approximately 10.0 KN/sq. m
	4th — 6th Storey

	 	Approximately 7.5 KN/sq. m
	COLUMN SPACING (General)

	 	Approximately 8. 1 m x 10.8 m
	ROOF*

	 	R.G. Roof
	TOILET’PROVISION

	 	Total
	MALE

	 	36 wc 48 ur, 42 wb
	FEMALE

	 	48 wc, 12 wb
	LIFT PROVISION
	 	 
	GOODS LIFTS

	 	4 nos. + 1 provisional
	PASSENGER LIFTS

	 	2 nos. t 1 provisional
	PARKING PROVISION
	 	 
	LOADING SAY

	 	2 nos.
	LORRY

	 	19 nos.
	CAR

	 	160 nos.(over-all in Xinsu Industrial Square)
	BICYCLE

	 	2600 nos.(overall in Xinsu Industrial Square)
	UTILITIES PROVISION
	 	 
	POWER

	 	6 MVA per Block
	FIRE FIGHTING

	 	Heat detector, Callpoint + Hosereel

 

 

Rev A

Estate Management Services

Scope of Services Provided — For Platted Factories in Xinsu Square
(H1/M1/Blk G series)

	 	1.	 	Cleaning service to all toilets and.common area within
the Building.
	 
	 	2.	 	Provide maintenance and cleaning service to all
circulation areas, rooftop, pavement drains, sewer, driveways
and car parks, bicycle shed etc within the compound of the
Estate but outside of the Building,
	 
	 	3.	 	Carry out refuse disposal (except renovation and
industrial waste) from the bin centre to the dumping ground.
	 
	 	4.	 	Maintain landscaped areas including periodic
watering, grass cutting, tree pruning etc within the compound
of the Estate.
	 
	 	5.	 	 Provide 24-hours security patrol within the
Estate (excluding security services to the Premises)
	 
	 	6.	 	 Maintain lift and loading/unloading bays
with dock levelers within the Estate.
	 
	 	7.	 	Carry out scheduled checking and testing of
fire fighting equipment, e.g. hose red, hydrant, fire alarm
system installed by Landlord.
	 
	 	8.	 	Carry out regular checks and upkeep Al
electrical and mechanical fittings and fixtures that forms
part of the Landlord’s Installations within the Estate
	 
	 	9.	 	Carry out repairs and maintenance to the
fittings and fixtures of the Building, such as replacement
of bulbs in the areas, repairs and replacement of doors /
door fittings, windows / windows fittings, doors, walls,
and ceiling finishing etc under fair wear and tear
	 
	 	10.	 	Maintenance of Landlord’s installations and
equipment within the Estate due to fair wear and tear
	 
	 	11.	 	 Carry Out periodic refurbishing and improvement works to the
Estate, e.g
re-roofing, repainting of external walls, and fencing or
boundary wall etc-’
	 
	 	12.	 	Provide 24-hours Service Hot Line for Work Requisitions and
Emergency Services.

 

 

	 	 	 
	 

	 	LOS ANGELES
	 

	 	SAN JOSE
	 
	 	 
	TRIO-TECH

	 	DUBLIN
	 
	 	 
	 

	 	SINGAPORE
	INTERNATIONAL

	 	PENANG
	PRIVATE LIMITED

	 	BANGKOK

28 September, 2004

	 	 	 
	Ms Karen Tee

	 	Fax: 86 512 67619141

Senior Manager (Marketing)

Ascendas-Xinsu Development

(Suzhou) Co Ld

5 Xing Han Street Block E

Suzhou 215021

Dear Karen,

Rental Offer for Ready-Built Factory (RBF)-Room 6 at Block B #05-01/02 in Suzhou Industrial Park
(SIP) China 215021

Please find enclosed letter of offer for the above unit duly signed for your further action.

In addition, we will make payment for the balance of the security deposit (RMB5677.20) by
cheque.

If you have any enquires, you may contact me at DID. (65) 63549733 or email to me at
leesskuan@triotech.com.sg .

Yours faithfully

	 	 	 
	/s/ Lee-Soon Siew Kuan
	 	 
	 

Lee-Soon Siew Kuan

	 	 
	Director of Logistics
	 	 

	 	 	 	 	 	 	 
	1-1 REGIONAL HEAD OFFICE

	 	1008 Toa Payoh North #03-09 Singapore 318996
	 	Tel: 62653300
	 	Fax:62596355
	1-2 DISTRIBUTION OFFICE

	 	1008 Toa Payoh North #03-16 Singapore 318996
	 	Tel: 63549700
	 	Fax:62599971
	1-3 TEST & MANUFACTURING

	 	1004 Toa Payoh North #07-01 Singapore 318995
	 	Tel: 62540255
	 	Fax:62537060

 

 

ascenda’s

ACCEPTANCE OF RENTAL OFFER FOR READY-BUILT FACTORY (RBF)-ROOM 6 AT BLOCK 8 #05-01/02 IN
SUZHOU INDUSTRIAL PARK (SIP) CHINA 215021

I/We confirm- the acceptance of the offer dated 22nd September 2004 on the above
stipulated terms and conditions.

	 	 	 
	/s/ LEES-SOON SIEW KUAN

	 	28 SEP’ 2004
	 

	 	 
	 
	 	 
	Authorised Signatory(ies) for and

	 	Date
	On behalf of Trio-Tech (SIP) Co., Ltd
	 	 
	 
	 	 
	 

	 	TRIO-TECH INTERNATIONAL-PTE LTD 1008
	 

	 	TOA PAYOH NORTH #03-09
	LEE-SOON SIEW KUAN

	 	Singaporf 318996
	DIRECTOR OF LOGISTICS
	 	 
	Name & Designation

	 	Company Stamp

	 	 	 
	 

	 	Ascendas-Xinsu Development (Suzhou) Co Ld
	 

	 	5 Xing Han Street Block E
	 

	 	Suzhou 215021
	 

	 	Telephone (66) 512 67613388
	 

	 	Facsimile (86) 512 7619141
	 

	 	Website www.aseendas.com

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]