Loan Agreement between Heung Mei Tsui and Onny Investment Limited dated September 27, 2010

Contract Categories: Business Finance Loan Agreements
Summary

Heung Mei Tsui has loaned $230,000 to Onny Investment Limited. The loan term is from September 27, 2010, to March 26, 2011, with an annual interest rate of 1%. Onny Investment Limited must repay the full principal and interest by the end of the term. The agreement is signed by both parties and specifies the repayment date and interest rate.

EX-10.18 8 ex1018.htm LOAN AGREEMENT ex1018.htm
Exhibit 10.18
Loan Agreement
 
Hereby Heung Mei Tsui made a loan of UDS$230,000 to Onny Investment Limited. The term of the loan is from Sept. 27, 2010 to March 26, 2011, with annual interest of 1%. Upon the due date, Onny Investment Limited will return the principal and the interest therefrom.
 
 
 
  Loaner:  
Heung Mei Tsui (Signature)
     
  Loanee:  ONNY INVESTMENT LIMITED (SEAL) 
     
  Sept.27, 2010