Document:

EXHIBIT 10.7

 

	Our Ref	:	APP/Vitaxel/1214/0039
	 	 	 
	Date	:	1st December 2014

 

PRIVATE &

CONFIDENTIAL

 

Mr Yee Hing Yip, Brandon

No. 47/48, Jalan Jambu Berasa

Jinjang Selatan

52000 Kuala Lumpur

 

Dear Mr Yee,

 

	LETTER OF APPOINTMENT	:	MARKETING DIRECTOR

 

We are pleased to offer you the mentioned
above position with the Company under the following terms and conditions of employment:-

 

	 	11.	Position	:	Marketing Director
	 	 	 	 	 
	 	12.	Commencing Salary	:	RM 6,000.00 PER MONTH 
	 	 	 	 	 
	 	13.	Other Allowance	:	i)	Mobile Phone Allowance RM150.00 per month
	 	 	 	 	ii)	Parking Allowance RM150.00 per month
	 	 	 	 	iii)	Mileage claim on official business only (rate as prescribed in the HWGB Employee Handbook)

 

	 	14.	Commencement Date : 1st Dec 2014
	 	 	 
	 	15.	Bonus
	 	 	Payment of bonus shall be at the absolute discretion of the Company and depending on the Company and individual performance. Bonus is only payable to confirmed employees who are in the service of the Company as on 31st December of the respective year.
	 	 	 
	 	16.	Medical Benefits
	 	 	You are entitled to free medical benefits from our appointed Company doctors.

 

     

     

    

  

	Our Ref	:	APP/Vitaxel/1214/0039
	Page	:	2 

 

		17.	Probationary Period

The probationary period of the
Company shall be six (6) months and the Company reserves the right to extend the probationary period at its sole
discretion. During or at the end of the period of probation or any extension thereof, employment may be terminated at anytime by
either party giving to the other party one-week (1) notice without assigning any reasons whatsoever. Confirmation
shall depend upon satisfactory review of your performance, conduct and aptitude during the probation period.

 

		18.	Termination of Service

Each party to this agreement
may at any time give to the opposite party a written notice of intention of termination.

The length
of such notice, which is the same for each party, shall be as follows:-

 

		(i)	One-month notice or one month salary in lieu of notice

 

		19.	Annual Increment

Annual increment will be subjected
to review by the Management and at the sole discretion of the Company’s Management.

 

		20.	Confidentiality

It is understood and accepted
that you will at no circumstances divulge or make public, in any way, any of the company’s confidential matters. This clause
shall continue to apply after the termination of your service.

 

		21.	Duties and Job Functions

You are required to carry out
such duties and responsibilities as given below : -

 

		a)	Develop annual operating plan and budgets for Marketing/ Brand strategy for the company.

 

		b)	Provide guidance and set direction for developing marketing plans for corporate.

 

		c)	To identify and capitalize on opportunities to strengthen the branding positioning, services, and
marketing of the group as a whole and as individual entities, and to manage the reputation of the organization through strategic
engagement with key internal and external parties.

 

		d)	Responsible for planning, development and implementation of corporate marketing strategies, marketing
communications and public relations activities (internal and external).

 

		e)	To ensure that all marketing, advertising and PR costs are within the company’s approved
budget and guideline on vendor/ supplier program.

 

		f)	Responsible for events sponsorship, CSR, and trade participation.

 

     

     

    

 

	Our Ref	 :	APP/Vitaxel/1214/0034
	Page	 :	3

 

		g)	Build and maintain rapport with the media, governmental and corporate bodies so as to ensure effective
and efficient business relationship.

 

		h)	To plan, execute and monitor marketing activities to ensure optimum results.

 

		i)	Key focus area will be to enhance brand value of the
company.

 

		j)	Overall summary reporting to Chief Executive Officer
and working with the senior administrative team and Heads of Department.

 

		22.	Other Terms and Conditions

		(i)	You will be required to carry out such duties and job
functions as may be instructed from time to time by the Company and you are subject to transfer from one associated or subsidiary
company to another at the sole discretion of the company.

 

		(ii)	You are liable as and when required, to be transferred
from your original work office/site to other branches of the Company in Malaysia.

 

		(iii)	You are required at all times to faithfully and diligently
perform such duties and accept such responsibilities as may from time to time assigned to you by the management of the Company
and at all times endeavour to your utmost ability to promote and advance the interest of the Company.

 

		(iv)	You are required to obey and comply with all instructions
and directions given to you by your superior and faithfully observe all the rules, regulations, procedures, practices, systems
and policies of the Company, whether expressly or implied, for the time being in force by the Company in all respects.

 

		(iv)	You agree that your salary will be made by cheque or
paid direct into your bank account.

 

		(v)	You will be required to observe and adhere to the other
terms and conditions of employment as prescribed in the HWGB Employee Handbook which we have adopted and that these terms
and conditions may be varied from time to time by the Management.

 

		(vi)	Your retirement age is 60 and this is in compliance with
Section 4 of the Minimum Retirement Age Act 2012 (Act 753). Any extension of employment after the retiring age is at the sole
discretion of the Company.

 

     

     

    

 

	Our Ref	 :	APP/Vitaxel/1214/0034
	Page	 :	4

 

		23.	General

It is an express condition of
your employment with the Company that you engage yourself exclusively in the Company’s business and do not undertake any
other terms of employment which in anyway may conflict with the Company’s business or interest.

 

We would like to take this opportunity
to welcome you as a member of the Company and trust that you will treat this engagement as a chance to grow with the Company.

 

If the above terms and conditions
are acceptable to you, kindly confirm your acceptance of the employment by signing and returning the duplicate copy of this letter.

 

Yours faithfully,

VITAXEL SDN BHD

 

/s/ Bernard Lim

BERNARD LIM

CEO

 

 

 

I hereby accept the offer
of employment upon the terms and conditions as stated above.

 

	Signature	:	/s/ Yee Hing Yip	NRIC No.	:
	 	 	 	 	 
	Name	:	Yee Hing Yip	E.P.F. No	:
	 	 	 	 	 
	Socso No.	:	 	Income Tax	:EXHIBIT
10.8

 

VITAXEL
SDN BHD

(Company No.
1013530 U)

Wisma Ho Wah
Genting, 35 Jalan Maharajalela, 50150 Kuala Lumpur

Tel : 603 –
2143 8811 Fax : 603-2144 6987

 

	Our
    Ref	:	APP/Vitaxel/0215/0003
	 	 	 
	Date	:	6th
    February 2015

 

PRIVATE &

CONFIDENTIAL

 

Mr Lim Boon
Seng

No. 25, Jalan
BS 6

Taman Bukit
Segar, Cheras

56100 Kuala
Lumpur

 

Dear Mr
Lim,

 

	LETTER
    OF APPOINTMENT	:	GLOBAL
    BUSINESS DEVELOPMENT MANAGER

 

We are pleased
to offer you the mentioned above position with the Company under the following terms and conditions of employment:-

 

	 	1)	Position	:	Global
    Business Development Manager
	 	 	 	 	 
	 	2)	Commencing
    Salary	:	RM
    5,000.00 PER MONTH 
	 	 	 	 	 
	 	3)	Commencement
    Date 	:	5th
    February 2015

 

	 	4)	Bonus

Payment
of bonus shall be at the absolute discretion of the Company and depending on the Company and individual performance. Bonus is
only payable to confirmed employees who are in the service of the Company as on 31st December of the respective year.

 

		5)	Medical
                                         Benefits

You
are entitled to free medical benefits from our appointed Company doctors.

 

     

     

    

  

	Our
    Ref	:	APP/Vitaxel/0215/0003
	Page	:	2
    

 

		6)	Probationary
                                         Period

The
probationary period of the Company shall be three (3) months and the Company reserves the right to extend the probationary
period at its sole discretion. During or at the end of the period of probation or any extension thereof, employment may be terminated
at anytime by either party giving to the other party one-week (1) notice without assigning any reasons whatsoever.
Confirmation shall depend upon satisfactory review of your performance, conduct and aptitude during the probation period.

 

		7)	Termination
                                         of Service

Each
party to this agreement may at any time give to the opposite party a written notice of intention of termination.

The
length of such notice, which is the same for each party, shall be as follows:-

 

One-month
notice or one month salary in lieu of notice

 

		8)	Annual
                                         Increment

Annual
increment will be subjected to review by the Management and at the sole discretion of the Company’s Management.

 

		9)	Confidentiality

It
is understood and accepted that you will at no circumstances divulge or make public, in any way, any of the company’s confidential
matters. This clause shall continue to apply after the termination of your service.

 

		10)	Duties
                                         and Job Functions

You
are required to carry out such duties and responsibilities as given below : -

 

		(i)	Develop
                                         annual operating plan and budgets for Marketing/ Brand strategy for the company.

 

		(ii)	Provide
                                         guidance and set direction for developing marketing plans for corporate.

 

		(iii)	To
                                         identify and capitalize on opportunities to strengthen the branding positioning, services,
                                         and marketing of the group as a whole and as individual entities, and to manage the reputation
                                         of the organization through strategic engagement with key internal and external parties.

 

		(iv)	Responsible
                                         for planning, development and implementation of corporate marketing strategies, marketing
                                         communications and public relations activities (internal and external).

 

     

     

    

 

	Our
    Ref	 :	APP/Vitaxel/0215/0003
	Page	 :	3

 

		(v)	To
                                         ensure that all marketing, advertising and PR costs are within the company’s approved
                                         budget and guideline on vendor/ supplier program.

 

		(vi)	Responsible
                                         for events sponsorship, CSR, and trade participation.

 

		(vii)	Build
                                         and maintain rapport with the media, governmental and corporate bodies so as to ensure
                                         effective and efficient business relationship.

 

		(viii)	To
                                         plan, execute and monitor marketing activities to ensure optimum results.

 

		(ix)	Key
                                         focus area will be to enhance brand value of the company.

 

		(x)	Overall
                                         summary reporting to Chief Marketing Officer and working with the senior administrative
                                         team and Heads of Department.

 

		(11)	Other
                                         Terms and Conditions

 

		(i)	You
                                         will be required to carry out such duties and job functions as may be instructed from
                                         time to time by the Company and you are subject to transfer from one associated or subsidiary
                                         company to another at the sole discretion of the company.

 

		(ii)	You
                                         are liable as and when required, to be transferred from your original work office/site
                                         to other branches of the Company in Malaysia.

 

		(iii)	You
                                         are required at all times to faithfully and diligently perform such duties and accept
                                         such responsibilities as may from time to time assigned to you by the management of the
                                         Company and at all times endeavour to your utmost ability to promote and advance the
                                         interest of the Company.

 

		(iv)	You
                                         are required to obey and comply with all instructions and directions given to you by
                                         your superior and faithfully observe all the rules, regulations, procedures, practices,
                                         systems and policies of the Company, whether expressly or implied, for the time being
                                         in force by the Company in all respects.

 

		(v)	Your
                                         duties and responsibilities are in collaboration to that of the Chief Marketing Officer.
                                         You were told by the Management of the need to function together in order to succeed.
                                         Therefore, you have to align yours and his strategies together so that both will be on
                                         the same track. The failure of one might affect the other. Cooperation is the key to
                                         success.

 

     

     

    

 

	Our
    Ref	 :	APP/Vitaxel/0215/0003
	Page	 :	4

 

		(vi)	You
                                         agree that your salary will be made by cheque or paid direct into your bank account.

 

		(vii)	You
                                         will be required to observe and adhere to the other terms and conditions of employment
                                         as prescribed in the HWGB Employee Handbook which we have adopted and that these
                                         terms and conditions may be varied from time to time by the Management.

 

		(viii)	Your
                                         retirement age is 60 and this is in compliance with Section 4 of the Minimum Retirement
                                         Age Act 2012 (Act 753). Any extension of employment after the retiring age is at the
                                         sole discretion of the Company.

 

General

 

It is an express
condition of your employment with the Company that you engage yourself exclusively in the Company’s business and do not
undertake any other terms of employment which in anyway may conflict with the Company’s business or interest.

 

If the above
terms and conditions are acceptable to you, kindly confirm your acceptance of the employment by signing and returning the duplicate
copy of this letter.

 

We would like
to take this opportunity to welcome you as a member of the Company and trust that you will treat this engagement as a chance to
grow with the Company.

 

Yours faithfully,

VITAXEL
SDN BHD

 

/s/ Bernard
Lim

BERNARD
LIM

CEO

 

 

 

I hereby
accept the offer of employment upon the terms and conditions as stated above.

 

	Signature	:	/s/
    Lim Boon Seng	NRIC
    No.	:
	 	 	 	 	 
	Name	:	Lim
    Boon Seng	E.P.F.
    No	:
	 	 	 	 	 
	Socso
    No.	:	 	Income
    Tax	:
	 	 	 	 	 
	 	 	 	13/2/2015

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