Document:

SUNDAY Communications Limited: Exhibit 4.12 - Prepared by TNT Filings
Inc.

EXHIBIT 4.12

PCCW SERVICES LIMITED 

39th Floor, PCCW Tower 

TaiKoo Place, 979 King's Road 

Quarry Bay, Hong Kong 

(the "Company") 

The Board of Directors 

Mandarin Communications Limited 

13th Floor, Warwick House 

TaiKoo Place 

979 King's Road 

Quarry Bay 

Hong Kong 

(the "Borrower") 

9 September 2005 

Dear Sirs 

Inter-Company Facility 

The Company is pleased to confirm that it will make available to the Borrower
the following facilities: 

(i) a term loan facility in the
principal amount of HK$57 million (the "Facility A"); 

(ii) a term loan facility in the
principal amount of HK$299.5 million (the "Facility B"); and 

(iii) a term loan facility in the
principal amount of HK$317 million (the "Facility C" and, together with
the Facility A and B, the "Facilities"), 

upon the following terms and conditions: 

1.     Availability 

The full amount of each of the Facilities shall be made
available by the Company to the Borrower for a period commencing on the date of
this letter and ending on 30 June 2006, or such later date as the Company and
the Borrower shall agree, following the delivery by the Borrower to the Company
of a drawdown notice substantially in the form set out in the Schedule hereto.

Amounts which are drawn down and repaid under the Facilities shall not be
available for further drawdown. 

-1-

2.     Purpose 

Any and all amounts drawn down by the Borrower under the Facilities shall be
applied by the Borrower as follows: 

Facility A -     
for 3G network expansion, mainly for an addition of 48 sites, development for
new message service and ring back tone service. 

Facility B -   
for 2G network upgrade, mainly for End of Life issue, expansion of 200K voice
capacity and 50K GPRS data capacity, and coverage enhancement by adding 200 cell
sites. 

Facility C -     
for 3G network expansion, mainly for an addition of 243 sites, another switching
center and service platform upgrade and migration. 

3.     Term 

The term of the Facilities shall be 3 years. 

4.     Interest 

Amounts drawn down under the Facilities shall bear interest at a rate per
annum equal to the aggregate of the Cost of Funds and 0.25%. 

For this purpose, the "Cost of Funds" means the rate
notified by the Company to the Borrower from time to time as being the
reasonable cost which would be incurred by the Company in funding an advance
under the Facilities from amounts borrowed by the Company, irrespective of
whether the actual advance is funded from amounts borrowed by the Company or
from the Company's own internal resources. 

The Borrower shall on 31st March, 30th June, 30th September
and 31st December of each calendar year pay to the Company any interest which
has accrued on amounts drawn down under the Facilities up to and including the
date of such payment. 

5.     Drawings 

The Facilities will be available for drawdown on a monthly
basis and the first draw down date will be the date of this letter, or such
later date as the Company and the Borrower shall agree. The drawdown notice
should be submitted together with the monthly funding requirement analysis as
prepared by the Borrower. 

To the extent that the full amount of the Facilities is not
drawn down on the date of this letter, the remaining balance of the Facilities
may be drawn down at any time during the availability period for the relevant
Facility referred to in paragraph 1 above, by not less than 3 business day prior
written notice of draw down. 

-2-

6.     Interim Repayments of Principal 

The Borrower shall on each Interim Repayment Date repay to
the Company a sum equal to the amount by which the Borrower's Surplus Cash
exceeds US$15,000,000 on the Cash Calculation Date immediately preceding such
Interim Repayment Date. For the avoidance of doubt, if the Borrower's Surplus
Cash on any Cash Calculation Date does not exceed US$15,000,000, the Borrower
shall not be required to make any payment to the Company on the Interim
Repayment Date immediately following that Cash Calculation Date. 

Amounts paid by the Borrower to the Company pursuant to this
paragraph 6 shall be applied towards repaying the principal amount of the
Facilities (pro rata the amount outstanding under each of the Facilities). 

For the purposes of this letter: 

a "business day" means a day, other than a Saturday or a Sunday, on
which commercial banks are open for business in Hong Kong; 

a "Cash Calculation Date" means the last day of a calendar month; 

"Hong Kong" means the Hong Kong Special Administrative Region of the
People's Republic of China; 

an "Interim Repayment Date" means the date falling 15 days following
the end of each calendar month (or, where such date is not a business day, the
next following business day); and 

"Surplus Cash" means all cash at bank, cash in hand and
securities readily convertible into cash which are held by the Borrower,
calculated by reference to the management accounts of the Borrower as at the
relevant Cash Calculation Date. 

7.     Final Repayment 

The Borrower shall repay all amounts borrowed under the
Facilities, together with all unpaid interest which has accrued thereon, on the
third anniversary of the date of this letter or, if that third anniversary is
not a business day, on the next following business day. 

8.     Payments 

All payments to be made by the Borrower under this letter must be made on the
dates referred to above to such account as the Company may from time to time
specify. 

9.     Fees and Expenses 

The Borrower shall be responsible for payment of fees in
arranging and making available the Facilities by the Company, which amount shall
be mutually agreed by both the Company and the Borrower and shall be payable by
the Borrower upon the Company giving one month's written notice to the Borrower.

-3-

10.    Governing Law 

The terms of this letter shall be governed by and construed in accordance
with the laws of Hong Kong. 

Please confirm your agreement to the foregoing terms and conditions by
counter-signing the enclosed copy of this letter and returning the same to us.

Yours faithfully 

For and on behalf of 

PCCW SERVICES LIMITED 

	          
    
	
    Name: Alexander Anthony Arena
	Title: Director / 
    Authorised
    Signatory

 

We confirm our agreement to the above terms and conditions. 

For and on behalf of 

MANDARIN COMMUNICATIONS LIMITED 

	          
    

 

 

-4-

SCHEDULE 

Form of Drawdown Notice 

[Date] 

To:     PCCW Services Limited 

           39th Floor, PCCW
Tower 

           TaiKoo Place, 979
King's Road 

           Quarry Bay, Hong
Kong 

Inter-Company Facility Letter (the "Facility Letter") dated [ ] September
2005 

We refer to the Facility Letter and hereby give you notice that we wish to
draw down the sum of  HK$[amount] on [date] 
under the [Facility A/Facility B/Facility C]* (as defined
therein). The funds should be credited to [name and number of account]
with [insert bank details]. 

Yours faithfully 

For and on behalf of 

Mandarin Communications Limited 

 

..................................................................

*Delete as appropriate 

 

 

-5-SUNDAY Communications Limited: Exhibit 4.13 - Prepared by TNT Filings
Inc.

EXHIBIT 4.13

PCCW-HKT LIMITED 

39th Floor, PCCW Tower 

TaiKoo Place, 979 King's Road 

Quarry Bay, Hong Kong 

(the "Company") 

The Board of Directors 

Mandarin Communications Limited 

13th Floor, Warwick House 

TaiKoo Place 

979 King's Road 

Quarry Bay 

Hong Kong 

(the "Borrower") 

3 October 2005 

Dear Sirs 

Inter-Company Facility for HK$100 Million 

The Company is pleased to confirm that it will make available to the Borrower
a term loan facility in the principal amount of HK$100 million (the 
"Facility") upon the following terms and conditions: 

1.     Availability 

The full amount of the Facility shall be made available by
the Company to the Borrower for a period commencing on the date of this letter
and ending on 30 June 2006, or such later date as the Company and the Borrower
shall agree, following the delivery by the Borrower to the Company of a drawdown
notice substantially in the form set out in the Schedule hereto. 

Amounts which are drawn down and repaid under the Facility shall not be
available for further drawdown. 

2.     Purpose 

Any and all amounts drawn down by the Borrower under the Facility shall be
applied by the Borrower for 3G network expansion. 

3.     Term 

The term of the Facility shall be 3 years. 

4.     Interest 

Amounts drawn down under the Facilities shall bear interest at a rate per
annum equal to the aggregate of the Cost of Funds and 0.25%. 

-1-

For this purpose, the "Cost of Funds" means the rate
notified by the Company to the Borrower from time to time as being the
reasonable cost which would be incurred by the Company in funding an advance
under the Facility from amounts borrowed by the Company, irrespective of whether
the actual advance is funded from amounts borrowed by the Company or from the
Company's own internal resources. 

The Borrower shall on 31st March, 30th June, 30th September
and 31st December of each calendar year pay to the Company any interest which
has accrued on amounts drawn down under the Facility up to and including the
date of such payment. 

5.     Drawings 

The Facility will be available for drawdown on a monthly
basis and the first drawdown date will be the date of this letter, or such later
date as the Company and the Borrower shall agree. The drawdown notice should be
submitted together with the monthly funding requirement analysis as prepared by
the Borrower. 

To the extent that the full amount of the Facility is not
drawn down on the date of this letter, the remaining balance of the Facility may
be drawn down at any time during the availability period for the Facility
referred to in paragraph 1 above, by not less than 3 business day prior written
notice of draw down. 

6.     Interim Repayments of Principal 

The Borrower shall on each Interim Repayment Date repay to
the Company a sum equal to the amount by which the Borrower's Surplus Cash
exceeds US$15,000,000 on the Cash Calculation Date immediately preceding such
Interim Repayment Date. For the avoidance of doubt, if the Borrower's Surplus
Cash on any Cash Calculation Date does not exceed US$15,000,000, the Borrower
shall not be required to make any payment to the Company on the Interim
Repayment Date immediately following that Cash Calculation Date. 

Amounts paid by the Borrower to the Company pursuant to this
paragraph 6 shall be applied towards repaying the principal amount of the
Facility (pro rata the amount outstanding under the Facility). 

For the purposes of this letter: 

a "business day" means a day, other than a Saturday or a Sunday, on
which commercial banks are open for business in Hong Kong; 

a "Cash Calculation Date" means the last day of a calendar month; 

"Hong Kong" means the Hong Kong Special Administrative Region of the
People's Republic of China; 

an "Interim Repayment Date" means the date falling 15 days following
the end of each calendar month (or, where such date is not a business day, the
next following business day); and 

"Surplus Cash" means all cash at bank, cash in hand and
securities readily convertible into cash which are held by the Borrower,
calculated by reference to the management accounts of the Borrower as at the
relevant Cash Calculation Date. 

-2-

7.     Final Repayment 

The Borrower shall repay all amounts borrowed under the
Facility, together with all unpaid interest which has accrued thereon, on the
third anniversary of the date of this letter or, if that third anniversary is
not a business day, on the next following business day. 

8.     Payments 

All payments to be made by the Borrower under this letter must be made on the
dates referred to above to such account as the Company may from time to time
specify. 

9.     Fees and Expenses 

The Borrower shall be responsible for payment of fees in
arranging and making available the Facility by the Company, which amount shall
be mutually agreed by both the Company and the Borrower and shall be payable by
the Borrower upon the Company giving one month's written notice to the Borrower.

10.   Governing Law 

The terms of this letter shall be governed by and construed in accordance
with the laws of Hong Kong. 

Please confirm your agreement to the foregoing terms and conditions by
counter-signing the enclosed copy of this letter and returning the same to us.

Yours faithfully 

For and on behalf of 

PCCW-HKT LIMITED 

	          
    
	
    Name: Alexander Anthony Arena
	Title: Director / 
    Authorised
    Signatory

 

We confirm our agreement to the above terms and conditions. 

For and on behalf of 

MANDARIN COMMUNICATIONS LIMITED 

	
    

-3-

SCHEDULE 

Form of Drawdown Notice

[Date]

To:     PCCW-HKT Limited

           39th Floor, PCCW
Tower 

           TaiKoo Place, 979
King's Road 

           Quarry Bay, Hong
Kong 

Inter-Company Facility Letter (the 'Facility Letter") dated 3 October 2005

We refer to the Facility Letter and hereby give you notice that we wish to
draw down the sum of HK$[amount]
on [date] under the Facility (as defined therein). The funds
should be credited to [name and number of account] 

with [insert bank details].

Yours faithfully 

For and on behalf of 

Mandarin Communications Limited

 

.................................................................

 

 

-4-

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