Document:

exv10w55

 

Exhibit 10.55

Please quote our reference when replying

Our Ref : JTC(L) 3729/199/VG/mh

	 	 	 
	26 October 2006
	 	 
	 
	 	 
	 

	 	JTC Corporation
	 

	 	The JTC Summit
	 

	 	8 Jurong Town Hall Road
	TRIO-TECH INTERNATIONAL PTE LTD

	 	Singapore 609434

	 	 	 	 	 	 	 
	BLK 1008 TOA PAYOH NORTH

	 	 	 	contact	 	 
	#03-09

	 	 	 	centre hotline
	 	1800 568 7000
	 
	SINGAPORE 318996

	 	 	 	main line
	 	(65) 6560 0056
	 
	 

	 	 	 	facsimile
	 	(65) 6565 5301
	 
	 

	 	BY LOCAL URGENT MAIL
	 	website	 	www.jtc.gov.sg

 (ATTN : LEE SOON SIEW KUAN )

Dear Sirs,

RENEWAL OFFER OF TENANCY FOR FLATTED FACTORY KNOWN AS PRIVATE LOT A 4551 AND ITS
ANCILLARY SITES AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05 /06 /07 SINGAPORE
318995

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

	2	 	2.1 The Premises :

	 	 	 	Private Lot A4551 also known as Unit #07-01 /02 /03 /04 /05 /06 /07 and its
ancillary sites (“the Premises”) at Block 1008 TOA PAYOH NORTH (“the
Building”) in the TOA PAYOH INDUSTRIAL ESTATE SINGAPORE(318996) as
delineated and edged in red on the plan attached to the Offer.
	 
	 	2.2	 	Term of Tenancy :
	 
	 	 	 	3 years years (“the Term”) with effect from 1 October 2006 (“the
Commencement Date”).

	 	2.3	 	Tenancy :

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

               

 

 

2.4 Area :

(a) Main site and ancillary sites:

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bulk
	 	 	 	 	 	 	Building	 	Discount
	 	 	 	 	 	 	Rent per	 	Per
	 	 	 	 	Floor Area	 	square	 	square
	Site	 	Unit No	 	(sqm)	 	metre	 	metre
	4551
	 	#07/01 /02 /03 /04 /05 /06 /07	 	637.7	 	$9.35	 	$0.47
	Storage Room
	 	Ancillary on Level 1	 	9.4	 	$12.85	 	$0.64
	Switch room
	 	Ancillary on Level 1	 	8.1	 	$12.85	 	$0.64
	Switch Room
	 	Ancillary on Level 2	 	8.1	 	$10.50	 	$0.53
	Switch Room
	 	Ancillary on Level 3	 	8.1	 	$9.95	 	$0.50
	Switch Room
	 	Ancillary on Level 4	 	8.1	 	$9.35	 	$0.47
	Switch Room
	 	Ancillary on Level 5	 	8.1	 	$9.35	 	$0.47
	Switch Room
	 	Ancillary on Level 6	 	8.1	 	$9.35	 	$0.47
	Switch room
	 	Ancillary on Level 7	 	8.1	 	$9.35	 	$0.47

	(b)	 	Ground sites:

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bulk	 
	 	 	 	 	 	 	 	 	discount	 
	 	 	 	 	 	 	Land Rent	 	Per	 
	Site	 	Unit No	 	Land Area	 	Per month	 	month	 
	Transformer Room
	 	Ground site	 	106.1	 	$321.48	 	$	16.07	 
	Power Grid station
	 	Ground site	 	45.1	 	$136.65	 	$	6.83	 

		 	on the Area less discount as shown in the table (a) above , in the event that the
said aggregate floor area occupied is at any time reduced to below 5,000 square metres
(when the discount is totally withdrawn) with effect from the date of reduction in the
said aggregate floor area, (“Building Rent”) to be paid without demand and in advance
without deduction on the 1st day of each month of the year (i.e. 1st of January,
February, March, etc.). After your first payment is made in accordance with Clause 3 of
this letter and the attached Payment Table, the next payment shall be made on 1 December
2006.

	2.5	 	Service Charge for units #07-01/02/03/04/05/06/07 only:

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

 

 

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

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

	2.7	 	Mode of Payment:

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

 

 

	 	(b)	 	Thereafter during the Term, you shall pay Building Rent, Service Charge and
GST at prevailing rate by Interbank GIRO or any other mode to be determined by us.
	 
	 	(c)	 	You have an existing account with us from which we shall deduct the aforesaid
payments.
	 
	 	(d)	 	However, pending finalisation for the GIRO arrangement, you shall pay
Building Rent, Service Charge and GST at prevailing rate as they fall due by cheque or
Cashier’s Order.

	2.8	 	Authorised Use :
	 
	 	 	You shall use the Premises for the purposes of:

	 	(a)	 	#07-01 /02 /03 /04 /05/06/07
	 
	 	 	 	Assembly and Test of Semi-Conductors and Test Equipment only ;
	 
	 	(b)	 	Storage Room on Level 1;
	 
	 	(c)	 	Ground Site :
	 
	 	 	 	Power Grid Station ;
	 
	 	(d)	 	Ground Site: 
	 
	 	 	 	Transformer Room ; and
	 
	 	(e)	 	Switch Room on Levels 1,2,3,4,5,6 and 7,

	 	     only and for no other purpose whatsoever (“the
Authorised Use”).

	2.9	 	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 10.0 kiloNewtons per
square metre of the Premises on the 7th 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.

	2.10	 	Reinstatement of Premises :
	 
	 	 	You shall reinstate the Premises in accordance with clauses 2.15 and 2.22 of the MT. The
required reinstatement works shall be conveyed to you after an inspection of the Premises.

 

 

	2.11	 	Option for Renewal of Tenancy :

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

	 	 	 	(b1) there shall be no breach of your obligations at the
time you make your request for a further term, and at the expiry of the
Term;
	 
	 	 	 	(b2) the duration of the further term shall be mutually agreed upon;
	 
	 	 	 	(b3) the Building Rent shall be at a revised rate to be determined
by us, having regard to the market rent of the Premises at the time of
granting the further term. Our determination of the rent shall be final and
conclusive; and

	 
	 	 	 	(b4) the tenancy for the further term shall be upon the same
covenants, terms and conditions except for the duration, Building Rent,
security deposit (which shall be equivalent to three (3) month’s Building Rent
and Service Charge instead of one (1) month), and excluding a covenant for
renewal of tenancy.

	3	 	Mode of Due Acceptance :

	 	(a)	 	The Offer shall lapse if we do not receive the following by 6 Nov 2006:

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

	 
	 	 	 	(a2) Payment of the sum set out in the Payment Table attached.

	4	 	You may submit your acceptance and payment by post or if you wish to make a submission
personally you may do so at our Contact Centre at The JTC Summit at 8 Jurong Town Hall Road.
Please bring a copy of this letter when making your submission.
	 
	5	 	Please note that payments made prior to your giving us the other items listed above may be
cleared by and credited by us upon receipt However, if those other items are not forthcoming
from you within the time stipulated herein, the Offer shall lapse and there shall be no
contract between you and us arising hereunder. Any payments received shall then be refunded to
you without interest and you shall have no claim of whatsoever nature against us.
	 
	6	 	Variation to the Tenancy :
	 
	 	 	Any variation, modification, amendment, deletion, addition or otherwise of the Offer shall
not be enforceable unless agreed by both parties and reduced in writing by us. No terms or
representation or otherwise, whether expressed or implied, shall form part of the Offer
other than what is contained herein.

 

 

	7	 	The car park for Block 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 car park. You are requested to contact:

Mr Johnson Tan

 736B Geylang Road,

 Singapore 389647

 Tel: 67494119

		 	on your use of the carpark.

	8	 	Please also note that our granting of your request/application herein does not at any time
prejudice or waive any of our rights or remedies for breaches of your obligations to us.
Any waiver by us, to be effective, must be clearly and specifically stated in writing.
	 
	9	 	To guide and assist you, we enclose a Schedule of Statutory Controls for Flatted Factory
Occupants.

Yours faithfully

Ms Vivien Goh

Assistant Manager (Lease Management)

Flatted Factory & Business Park Department

Customer Services Group

DID   : 68833731

FAX  : 68855936

Email : gohfsv@jtc.gov.sg

	 	 	 	 	 
	ENCS:

	 	 ̈
	 	Payment Table Specimen BG
	 

	 	 ̈
	 	Plan Specimen Acceptance Form MT No. 27.09
	 

	 	 ̈
	 	Schedule of Statutory Controls (SC3)]

 

 

Annex A

OFFER OF TENANCY FOR PREMISES AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05 /06 /07
SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	GST
	A4551: Building Rent at
$9.35 per sqm per
month on 637.7 sqm
for period 1
October 2006 to 31
October 2006
	 	$	5,962.50	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk discount
of 5%, at $0.47 psm
per sqm per month
for period 1
October 2006 to 31
October 2006
	 	$	299.72	 	 	$	5,662.78	 	 	 	 	 
	 
	Service charge
at 2.25 per sqm per
month on 637.7 sqm
for period 1
October 2006 to 31
October 2006
	 	 	 	 	 	$	1,434.83	 	 	 	 	 
	 
	 
	 	 	 	 	 	$	7,097.61	 	 	$	354.88	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 	$	7,452.49	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent and
Service Charge
(or
Banker’s
Guarantee)
	 	$	21,292.83	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	$	14,195.22	 	 	$	7,097.61	 	 	 	 	 
	 
	Stamp Duty
for Letter
of Acceptance (in
duplicate)
	 	 	 	 	 	$	682.00	 	 	 	 	 
	Note: If
the Letter is
not returned to us
within 14 days of
the date of the
Letter, you will
have to pay
penalty on the
stamp duty
which is
imposed by
Stamp Duty Office of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total
Payable (inclusive
of GST at
prevailing
rate)
	 	 	 	 	 	$	7,779.61	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	7,779.61	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR STORAGE ROOM ON LEVEL 1 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05
/06 /07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	GST	 	 	 	 
	 
	 	 	b/f	 	 	$	7,779.61	 	 	 	 	 
	Site: A 4551
(Ancillary) Building
Rent at $12.85 per sqm
per month on 9.4 sqm
for period 1 October
2006 to 31 October
2006
	 	$	120.79	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk discount of
5% at $0.64 psm per sqm
per month for period 1
October 2006 to 31
October 2006
	 	$	6.02	 	 	$	114.77	 	 	$	5.74	 
	 
	Less: Amount to be
deducted through
GIRO
	 	 	 	 	 	 	 	$	120.51	 	 	 
	 
	Deposit equivalent
to 3 months’ Building
Rent and Service Charge
(or Banker’s
Guarantee)
	 	$	344.31	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2 month’s
Building Rent and
Service Charge
(Off-budget
Measure)
	 	$	229.54	 	 	$	114.77	 	 	 	 	 
	 
	Stamp Duty for
Letter of Acceptance
(in duplicate)
	 	 	 	 	 	$	12.00	 	 	 	 	 
	Note : If the
Letter is not returned
to us within 14 days of
the date of the Letter,
you will have to pay
penalty on the stamp
duty which is imposed
by Stamp Duty Office of
IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	Total Payable
(inclusive of GST at
prevailing rate)
	 	 	 	 	 	$	126.77	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	7,906.38	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR POWERGRID STATION (ANCILLARY TO BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04
/05 /06 /07 SINGAPORE 318995)

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	GST
	 
	 	 	b/f	 	 	$	7,906.38	 	 	 	 	 
	Site: A 4551 (Ancillary): Rent at $321.48 per month on
106.1 sqm for period 1 October
2006 to 31 October 2006
	 	$	321.48	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk discount of
$16.07 per month for period 1
October 2006 to 31 October
2006
	 	$	16.07	 	 	$	305.41	 	 	$	15.27	 
	 
	Less: Amount to be
deducted through GIRO
	 	 	 	 	 	 	 	$	320.68	 	 	 
	 
	Deposit equivalent to 3
months’ Building Rent
and Service Charge (or
Banker’s Guarantee)
	 	$	916.23	 	 	 	 	 	 	 	 	 
	Less: Deposit equivalent
to 2 month’s Building Rent and
Service Charge (Off-budget
Measure)
	 	$	610.82	 	 	$	305.41	 	 	 	 	 
	 
	Stamp Duty for
Letter of Acceptance (in
duplicate)
	 	 	 	 	 	$	30.00	 	 	 	 	 
	Note : If the Letter is
not returned to us within 14
days of the date of the
Letter, you will have to pay
penalty on the stamp duty
which is imposed by Stamp Duty
Office of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Reinstatement Deposit
	 	 	 	 	 	$	22,950.00	 	 	 	 	 
	 
	Total Payable
(inclusive of GST at
prevailing rate)
	 	 	 	 	 	$	23,285.41	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	31,191.79	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR TRANSFORMER ROOM (ANCILLARY TO BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04
/05 /06 /07 SINGAPORE 318995)

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	GST
	 
	 	 	b/f	 	 	$	31,191.79	 	 	 	 	 
	Site: A 4551 (Ancillary): Rent at $136.65 per month on
45.1 sqm for period 1 October
2006 to 31 October 2006
	 	$	136.65	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk discount of
$6.83 per month for period 1
October 2006 to 31 October
2006
	 	$	6.83	 	 	$	129.82	 	 	$	6.49	 
	 
	Less: Amount to be
deducted through GIRO
	 	 	 	 	 	 	 	$	136.31	 	 	 
	 
	Deposit equivalent to 3
months’ Building Rent
and Service Charge (or
Banker’s Guarantee)
	 	$	389.46	 	 	 	 	 	 	 	 	 
	Less: Deposit equivalent
to 2 month’s Building Rent and
Service Charge (Off-budget
Measure)
	 	$	259.64	 	 	$	129.82	 	 	 	 	 
	 
	Stamp Duty for
Letter of Acceptance (in
duplicate)
	 	 	 	 	 	$	14.00	 	 	 	 	 
	Note : If the Letter is
not returned to us within 14
days of the date of the
Letter, you will have to pay
penalty on the stamp duty
which is imposed by Stamp Duty
Office of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Reinstatement Deposit
	 	 	 	 	 	$	21,250.00	 	 	 	 	 
	 
	Total Payable
(inclusive of GST at
prevailing rate)
	 	 	 	 	 	$	21,393.82	 	 	 	 	 
	 
	 
	 	 	c/f                   	 	 	$	52,585.61	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR SWITCH ROOM ON LEVEL 1 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05 /06
/07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	GST	 	 	 	 
	 
	 	 	b/f	 	 	$	52,585.61	 	 	 	 	 
	Site: A 4551
(Ancillary) Building Rent
at $12.85 per
sqm per month on
8.1 sqm for period
1 October 2006 to
31 October
2006
	 	$	104.09	 	 	 	 	 	 	 	 	 
	 
	Less:Bulk
discount of 5% at
$0.64 psm per sqm
per month for
period 1 October
2006 to 31
October 2006
	 	$	5.18	 	 	$	98.91	 	 	$	4.95	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 	$	103.86	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent and
Service Charge (or
Banker’s
Guarantee)
	 	$	296.73	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	$	197.82	 	 	$	98.91	 	 	 	 	 
	 
	Stamp Duty
for Letter
of Acceptance
(in duplicate)
	 	 	 	 	 	$	10.00	 	 	 	 	 
	Note: If
the Letter is
not returned to us
within 14 days of
the date of the
Letter, you will
have to pay penalty
on the stamp duty
which is imposed by
Stamp Duty Office
of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Payable
(inclusive of GST
at prevailing
rate)
	 	 	 	 	 	$	108.91	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	52,694.52	 	 	 	 	 

 

 

ANNEX A 

OFFER OF TENANCY FOR SWITCH ROOM ON LEVEL 2 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04
/05 /06 /07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Amount	 	 	GST	 	 	 	 
	 
	 	 	 	b/f	 	 	 	$	52,694.52	 	 	 	 	 
	Site: A 4551
(Ancillary) Building Rent at
$10.50 per sqm per
month on 8.1 sqm
for period 1
October 2006 to 31
October 2006
	 	 	$	85.05	 	 	 	 	 	 	 	 	 	 
	 	 	 
	Less: Bulk
discount of 5% at
$0.53 psm per sqm
per month for
period 1 October
2006 to 31
October 2006
	 	 	$	4.29	 	 	 	$	80.76	 	 	$	4.04	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 			$	84.80	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent and
Service Charge (or
Banker’s
Guarantee)
	 	 	$	242.28	 	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	 	$	161.52	 	 	 	$	80.76	 	 	 	 	 
	 
	Stamp Duty
for Letter
of Acceptance
(in duplicate)
	 	 	 	 	 	 	 	$	8.00	 	 	 	 	 
	Note : If the
Letter is not
returned to us
within 14 days of
the date of the
Letter, you will
have to pay penalty
on the stamp duty
which is imposed by Stamp Duty Office
of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Payable
(inclusive of GST
at prevailing
rate)
	 	 	 	 	 	 	 	$	88.76	 	 	 	 	 
	 
	 
	 	 	 	c/f	 	 	 	$	52,783.28	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR SWITCH ROOM ON LEVEL 3 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05 /06
/07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	GST	 	 	 	 
	 
	 	 	b/f	 	 	$	52,783.28	 	 	 	 	 
	Site:
A 4551
(Ancillary) Building Rent at
$9.95 per sqm per
month on 8.1 sqm
for period 1
October 2006 to 31
October 2006
	 	$	80.60	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk
discount of 5% at
$0.50 psm per sqm
per month for
period 1 October
2006 to 31
October 2006
	 	$	4.05	 	 	$	76.55	 	 	$	3.83	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 	$	80.38	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent and
Service Charge (or
Banker’s
Guarantee)
	 	$	229.65	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	$	153.10	 	 	$	76.55	 	 	 	 	 
	 
	Stamp Duty
for Letter
of Acceptance
(in duplicate)
	 	 	 	 	 	$	8.00	 	 	 	 	 
	Note: If
the Letter is
not returned to
us within 14 days
of the date of the
Letter, you will
have to pay
penalty on the
stamp duty which
is imposed by
Stamp Duty Office
of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Payable
(inclusive of GST
at prevailing
rate)
	 	 	 	 	 	$	84.55	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	52,867.83	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR SWITCH ROOM ON LEVEL 4 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05 /06
/07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	GST
	 
	 	 	b/f	 	 	$	52,867.83	 	 	 	 	 
	Site:
A 4551
(Ancillary) Building Rent at
$9.35 per sqm per
month on 8.1 sqm
for period 1
October 2006 to 31
October 2006
	 	$	75.74	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk
discount of 5% at
$0.47 psm per sqm
per month for
period 1 October
2006 to 31
October 2006
	 	$	3.81	 	 	$	71.93	 	 	$	3.60	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 	$	75.53	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent and
Service Charge (or
Banker’s
Guarantee)
	 	$	215.79	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	$	143.86	 	 	$	71.93	 	 	 	 	 
	 
	Stamp Duty
for Letter
of Acceptance
(in duplicate)
	 	 	 	 	 	$	8.00	 	 	 	 	 
	Note: If
the Letter is
not returned to us
within 14 days of
the date of the
Letter, you will
have to pay penalty
on the stamp duty
which is imposed by
Stamp Duty Office
of IRAS
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Payable
(inclusive of GST
at prevailing
rate)
	 	 	 	 	 	$	79.93	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	52,947.76	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR SWITCH ROOM ON LEVEL 5 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05 /06
/07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	GST
	 
	 	 	b/f	 	 	$	52,947.76	 	 	 	 	 
	Site:
A 4551
(Ancillary) Building Rent at
$9.35 per sqm per
month on 8.1 sqm
for period 1
October 2006 to 31
October 2006
	 	$	75.74	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk
discount of 5% at
$0.47 psm per sqm
per month for
period 1 October
2006 to 31 October
2006
	 	$	3.81	 	 	$	71.93	 	 	$	3.60	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 	$	75.53	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent and Service
Charge (or
Banker’s
Guarantee)
	 	$	215.79	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	$	143.86	 	 	$	71.93	 	 	 	 	 
	 
	Stamp Duty
for Letter of
Acceptance (in
duplicate)
	 	 	 	 	 	$	8.00	 	 	 	 	 
	Note: If
the Letter is not
returned to us
within 14 days of
the date of the
Letter, you will
have to pay
penalty on the
stamp duty which
is imposed by
Stamp Duty Office
of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total
Payable
(inclusive of GST
at prevailing
rate)
	 	 	 	 	 	$	79.93	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	53,027.69	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR SWITCH ROOM ON LEVEL 6 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04 /05 /06
/07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	 	GST	 
	 
	 	 	b/f	 	 	$	53,027.69	 	 	 	 	 
	Site:
A 4551
(Ancillary) Building Rent at
$9.35 per sqm per
month on 8.1 sqm
for period 1
October 2006 to 31
October 2006
	 	$	75.74	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk
discount of 5% at
$0.47 psm per sqm
per month for
period 1 October
2006 to 31
October 2006
	 	$	3.81	 	 	$	71.93	 	 	$	3.60	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 	$	75.53	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent and
Service Charge (or
Banker’s
Guarantee)
	 	$	215.79	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	$	143.86	 	 	$	71.93	 	 	 	 	 
	 
	Stamp
Duty for
Letter of
Acceptance (in
duplicate)
	 	 	 	 	 	$	8.00	 	 	 	 	 
	Note: If the
Letter is not
returned to us
within 14 days of
the date of the
Letter, you will
have to pay
penalty on the
stamp duty which
is imposed by
Stamp Duty Office
of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Payable
(inclusive of GST
at prevailing
rate)
	 	 	 	 	 	$	79.93	 	 	 	 	 
	 
	 
	 	 	c/f	 	 	$	53,107.62	 	 	 	 	 

 

 

ANNEX A

OFFER OF TENANCY FOR SWITCH ROOM ON LEVEL 7 AT BLK 1004 TOA PAYOH NORTH #07-01 /02 /03 /04
/05 /06 /07 SINGAPORE 318995

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount	 	 	 	 	 	 	GST	 
	 
	 	 	b/f	 	 	$	53,107.62	 	 	 	 	 
	Site:
A 4551
(Ancillary) Building Rent at
$9.35 per sqm per
month on 8.1 sqm
for period 1
October 2006 to 31
October 2006
	 	$	75.74	 	 	 	 	 	 	 	 	 
	 
	Less: Bulk
discount of 5% at
$0.47 psm per sqm
per month for
period 1 October
2006 to 31
October 2006
	 	$	3.81	 	 	$	71.93	 	 	$	3.60	 
	 
	Less: Amount
to be deducted
through GIRO
	 	 	 	 	 	 	 	$	75.53	 	 	 
	 
	Deposit
equivalent to 3
months’ Building
Rent: and
Service Charge (or
Banker’s
Guarantee)
	 	$	215.79	 	 	 	 	 	 	 	 	 
	Less: Deposit
equivalent to 2
month’s Building
Rent and Service
Charge (Off-budget
Measure)
	 	$	143.86	 	 	$	71.93	 	 	 	 	 
	 
	Stamp Duty
for Letter
of Acceptance
(in duplicate)
	 	 	 	 	 	$	8.00	 	 	 	 	 
	Note: If the
Letter is not
returned to us
within 14 days of
the date of the
Letter, you will
have to pay
penalty on the
stamp duty which
is imposed by Stamp Duty Office
of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Payable
(inclusive of GST
at prevailing
rate)
	 	 	 	 	 	$	79.93	 	 	 	 	 
	 
	 
	 	Grand total	 	$	53,187.55	 	 	 	 	 

Alternatively,
please let us have your cheque for $ 796.00 and a
Banker’s Guarantee for $ 52,391.55.

Please
note that your first month’s rent of $ 8,601.15 will be deducted through your Giro Account in October 2006exv10w56

 

Exhibit 10.56

			
	

Please quote our reference when replying 

Our Ref: JTC(L) 3729/199/EO
	 	

2 May 2007

	 	 	 	 	 	 	 
	 	 	 	 	JTC Corporation
	TRIO-TECH INTERNATIONAL PTE LTD	 	 	 	The JTC Summit
	BLK 1008 TOA PAYOH NORTH	 	 	 	8 Jurong Town Hall Road
	#03-09	 	 	 	Singapore 609434
	SINGAPORE 318996

	 	BY FAX & POST
	 	contact	 	 
	 

	 	FAX : 62596355
	 	centre hotline
	 	1800 568 7000
	 
	 

	 	 	 	main line
	 	(65) 6560 0056
	 
	 

	 	 	 	facsimile
	 	(65) 6565 5301
	 
	 

	 	 	 	website
	 	www.jtc.gov.sg

Attm: Lee Soon Siew Kuan (Mrs)

Dear Sirs,

RENEWAL OFFER OF TENANCY FOR FLATTED FACTORY KNOWN AS PRIVATE LOTS A0618401, A0618402
& A0618403 AT BLK 1004 TOA PAYOH NORTH #04-17, #04-14/15/16 & #03-08/09/10 SINGAPORE 318995
(“PREMISES”) RESPECTIVELY

	1.	 	We refer to your tenancies of the Premises. In accordance with our letter of
offers to you dated 18 March 2004 and 22 March 2004 (“Tenancy”), we are
pleased to inform you that we are prepared to renew the Tenancies at the Premises for
a further term of 3 years (“Term”) commencing from 1 June 2007
(“Commencement Date”) upon the same covenants, terms and conditions as set out
in the Tenancy except for the Option for Renewal and the following:
	 
	 	 	Building Rent & Service Charge

	 	1.1	 	$9.35 per square metre per month (“Building Rent”) on the Area from
the Commencement Date, 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.).
	 
	 	1.2	 	$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 Building Rent without demand on the same date and in the same
manner as the Building Rent, subject to our revision from time to time.
	 
	 	1.3	 	For the purpose of paragraphs 1.1 and 1.2 of this letter, “Area” means the
Area stipulated in the Tenancy.

               

 

 

Security Deposit

	1.4	 	Ordinarily we would require a tenant to lodge with us a security deposit
equivalent to three (3) months’ Building Rent and Service Charge.
However, as an off-budget measure and as payment by GIRO has been
made a condition with which you must comply under Clause 3 of this letter,
you shall, at the time of your acceptance of the Offer, be required to place
with us a deposit equivalent to one (1) month’s Building Rent and Service
Charge (“Security Deposit”) as security against any breach of the covenants,
terms and conditions in the Tenancy subject to the terms and conditions set
out below.
	 
	1.5	 	The Security Deposit –

	 	1.5.1	 	may be in the form of cash or acceptable Banker’s Guarantee in the
form attached (effective from 1 June 2007 to 31 August 2010), or
such other form of security as we may in our absolute discretion
permit or accept;
	 
	 	1.5.2	 	shall be maintained at the same sum throughout the Term; and
	 
	 	1.5.3	 	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.

	1.6	 	If the Service Charge is increased, or any deductions are made from the
Security Deposit, you shall immediately pay the amount of such increase or
make good the deductions so that the Security Deposit shall at all times be
equal to one (1) month’s Building Rent and Service Charge.
	 
	1.7	 	If at any time during the Term –

	 	1.7.1	 	your GIRO payment is discontinued, then you shall place with us, within
two (2) weeks of the date of discontinuance of your GIRO payment, the additional sum
equivalent to two (2) months’ Building Rent and Service Charge, so that the Security
Deposit shall at all times be equal to three (3) months’ Building Rent and Service
Charge for the remaining period of the Term;

 

 

	 	1.7.2	 	the off-budget measure is withdrawn you shall, if required
in writing by us, also pay to us the additional sum equivalent to two (2)
months’ Building Rent and Service Charge, so that the Security Deposit
shall at all times be equal to three (3) months’ Building Rent and Service
Charge for the remaining period of the Term.

2  Please note that this offer shall lapse if we do not receive the following by 16 May
2007:

	 	(a)	 	Duly signed letter of acceptance of this offer, in the form set out in the
Letter of Acceptance attached at Annex B. We shall stamp the Letter of
Acceptance and return the stamped letter to you;
	 	 	 	(Please date as required in your letter of acceptance)
	 
	 	(b)	 	Payment of the sum set out in the Payment Table attached at Annex A;

	3	 	Your due acceptance of this offer in accordance with paragraph 2 of this letter shall,
together with the offer, constitute a binding tenancy agreement.
	 
	4	 	Please also note that our offer herein does not at any time prejudice or waive any
of our rights or remedies for breaches of your obligations to us. Any waiver by us,
to be effective, must be clearly and specifically stated in writing.
	 
	5	 	Exclusion of Contracts (Rights of Third Parties) Act
	 
	 	 	A person who is not a party to this offer shall have no right under the Contracts (Rights
of Third Parties) Act (Cap53B, as may be amended or revised from time to time) to enforce
any of the covenants, terms or conditions of the offer.
	 
	6	 	Jurisdiction and Governing Law
	 
	 	 	This offer shall be interpreted in accordance with the laws of Singapore and any legal
proceedings, actions or claims arising from or in connection with the offer shall be
commenced in and heard before the courts of Singapore and you agree to irrevocably submit
yourself to the exclusive jurisdiction of the courts of Singapore.
	 
	7	 	Variation to the Tenancy
	 
	 	 	Any variation, modification, amendment, deletion, addition or otherwise of this offer
shall not be enforceable unless agreed by both parties and reduced in writing by us. No
terms or representation or otherwise, whether express or implied, shall form part of this
offer other than what is contained in this letter.

 

 

	8	 	To guide and assist you, we enclose a Schedule of Statutory Controls for Flatted
Factory Occupants.

Yours faithfully

Eddy Ong

Senior Officer (Lease Management)

Flatted Factory & Business Park Department

Customer Services Group

DID   : 68833721

HP    : 91252919

FAX   : 68855936

Email : ongkye@jtc.gov.sg

	 	 	 	 	 
	ENCS

	 	-
	 	Payment Table
	 

	 	 	 	Specimen Acceptance Form
	 

	 	 	 	Specimen BG
	 

	 	 	 	Schedule of Statutory Controls (SC3)]

 

 

ANNEX A

OFFER OF TENANCY FOR PREMISES AT BLK 1004 TOA PAYOH NORTH #04-17 SINGAPORE 318996 AREA:
93.5 SQ M — TRIO-TECH INTERNATIONAL PTE LTD

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	5%
	 	 	 	 	Site: A061840I	 	 	 	 	 	Amount	 	GST
	 	 	 	 	Rent at $9.35 per sq m per month on
93.5 sq m for period ] June 2007 to 30 June
2007
	 	$	874.23	 	 	 	 	 	 	 	 	 
	Less:	 	Bulk discount @ $0.47 per sq m per month on 93.5
sq m for period 1 June 2007 to 30 June 2007
	 	$	43.95	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	$	830.28	 	 	 	 	 	 	 	 	 
	 	 	 	 	Service charge at $2.25 per sq m per month
on 93.5 sq m for period 1 June 2007 to 30
June 2007
	 	$	210.38	 	 	$	1,040.66	 	 	$	52.03	 
	Less:	 	Amount to be deducted by GIRO
	 	 	 	 	 	$	1,092.69	 	 	 	 	 
	 	 	 	 	Deposit equivalent to 3 months’ rent and
service charge (or Banker’s Guarantee)
	 	$	3,121.98	 	 	 	 	 	 	 	 	 
	Less:	 	Deposit equivalent to 2 months’ rent and service
charge (or Banker’s Guarantee)
	 	$	2,081.32	 	 	$	1,040.66	 	 	 	 	 
	 	 	 	 	Stamp Duty for Letter of Acceptance
	 	 	 	 	 	$	100.00	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Note :	 	If the Letter is not returned to us within 14
days of the date of the Letter, you will have to pay
penalty on the stamp duty which is imposed by Stamp Duty
Office of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Amount Payable
	 	 	 	 	 	$	1,140.66	 	 	 	 	 

Please note that the amount of $1,092.69 will be deducted through your GIRO account in
the month of June 2007.

Please let us have your cheque for $1,140.66 by 16 May 2007. Alternatively, please let us have
a cheque for $100/~ (being stamp fee payable) and a Banker’s/Insurance Guarantee for
$1,040.66.

 

 

ANNEX A

OFFER OF TENANCY FOR PREMISES AT BLK 1004 TOA PAYOH NORTH #04-14/15/16 SINGAPORE 318996
AREA: 272.1 SQ M — TRIO-TECH INTERNATIONAL PTE LTD

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	5%
	 	Site: A0618402	 	 	 	 	 	Amount	 	GST
	 	 	 	 	Rent at $9.35 per sq m per month on
272.1 sq m for period 1 June 2007 to 30 June
2007
	 	$	2,544.14	 	 	 	 	 	 	 	 	 
	Less:	 	Bulk discount @ $0.47 per sq m per month on 272.1
sq m for period 1 June 2007 to 30 June 2007
	 	$	127.89	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	$	2,416.25	 	 	 	 	 	 	 	 	 
	 	 	 	 	Service charge at $2.25 per sq m per month
on 272.1 sq m for period 1 June 2007 to 30
June 2007
	 	$	612.23	 	 	$	3,028.48	 	 	$	151.42	 
	Less:	 	Amount to be deducted by GIRO
	 	 	 	 	 	$	3,179.90	 	 	 	 	 
	 	 	 	 	Deposit equivalent to 3 months’ rent and
service charge (or Banker’s Guarantee)
	 	$	9,085.44	 	 	 	 	 	 	 	 	 
	Less:	 	Deposit equivalent to 2 months’ rent and service
charge (or Banker’s Guarantee)
	 	$	6,056.96	 	 	$	3,028.48	 	 	 	 	 
	 	 	 	 	Stamp Duty for Letter of Acceptance
	 	 	 	 	 	$	292.00	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Note :	 	If the Letter is not returned to us within 14
days of the date of the Letter, you will have to pay
penalty on the stamp duty which is imposed by Stamp Duty
Office of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Amount Payable
	 	 	 	 	 	$	3,320.48	 	 	 	 	 

Please note that the amount of $3,179.90 will be deducted through your GIRO account in the
month of June 2007.

Please let us have your cheque for $3,320.48 by 16 May 2007. Alternatively, please let us have
a cheque for $292/- (being stamp fee payable) and a Banker’s/Insurance Guarantee for
$3,028.48.

 

 

ANNEX A

OFFER OF TENANCY FOR PREMISES AT BLK 1004 TOA PAYOH NORTH #03-08/09/10 SINGAPORE
318996 AREA: 274.9 SQ M — TRIO-TECH INTERNATIONAL PTE LTD

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	5%
	 	Site: A0618403	 	 	 	 	 	Amount	 	GST
	 	 	 	 	Rent at $9.95 per sq m per month on
274.9 sq m for period 1 June 2007 to 30 June
2007
	 	$	2,735.26	 	 	 	 	 	 	 	 	 
	Less:	 	Bulk discount @ $0.50 per sq m per month on 274.9
sq m for period 1 June 2007 to 30 June 2007
	 	$	137.45	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	$	2,597.81	 	 	 	 	 	 	 	 	 
	 	 	 	 	Service charge at $2.25 per sq m per month
on 274.9 sq m for period 1 June 2007 to 30
June 2007
	 	$	618.53	 	 	$	3,216.34	 	 	$	160.82	 
	Less:	 	Amount to be deducted by GIRO
	 	 	 	 	 	$	3,377.16	 	 	 	 	 
	 	 	 	 	Deposit equivalent to 3 months’ rent and
service charge (or Banker’s Guarantee)
	 	$	9,649.02	 	 	 	 	 	 	 	 	 
	Less:	 	Deposit equivalent to 2 months’ rent and service
charge (or Banker’s Guarantee)
	 	$	6,432.68	 	 	$	3,216.34	 	 	 	 	 
	 	 	 	 	Stamp Duty for Letter of Acceptance
	 	 	 	 	 	$	310.00	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Note :	 	If the Letter is not returned to us within 14
days of the date of the Letter, you will have to pay
penalty on the stamp duty which is imposed by Stamp Duty
Office of IRAS.
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Amount Payable
	 	 	 	 	 	$	3,526.34	 	 	 	 	 

Please note that the amount of $3,377.16 will be deducted through your GIRO account in the
month of June 2007.

Please let us have your cheque for $3,526.34 by 16 May 2007. Alternatively, please let us have
a cheque for $310/- (being stamp fee payable) and a Banker’s/Insurance Guarantee for
$3,216.34.

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