Standard Chartered Bank Facility Confirmation Letter to Comtech International (Hong Kong) Limited (May 11, 2011)

Contract Categories: Business Finance › Facility Agreements
Summary

Standard Chartered Bank confirms that, as of May 11, 2011, it made available financial facilities totaling USD 25,000,000 to Comtech International (Hong Kong) Limited and its affiliates. The facilities include a USD 1,000,000 overdraft and USD 24,000,000 in trade facilities. The letter states that the information is provided without any responsibility or liability on the part of the bank or its officials.

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EX-10.2 3 cogo_8k-ex1002.htm LETTER FROM STANDARD CHARTERED BANK cogo_8k-ex1002.htm  
Exhibit 10.2
 


 
Standard
Chartered
 
11 May, 2011
 
PRIVATE AND CONFIDENTIAL
 
Comtech International (Hong Kong) Limited
 
Room 514, 5/F, Manhattan Centre
8 Kwai Cheong Road
Kwai Chung
N.T.
Hong Kong
 
 
Attn: Mr. Allen Wu
Financial Controller
 
 
Dear Allen,
 
We are pleased to confirm that the following facilities were available to Comtech International (Hong Kong) Limited, Comtech Broadband Corporation Limited, Keen Awards Limited, Rise Year Limited, Comtech Digital Technology (Hong Kong) Limited, Comtech Industrial (Hong Kong ) Limited as of 11 May, 2011:
 
 
Overdraft
USD 1,000,000
Trade Facilities
USD24,000,000
Total
USD25,000,000

 
The facts above are given as at 11 May 2011 without any responsibility or liability whatsoever on the part of the Bank or its offficials for or in respect of any of such facts or any defect in or omission from such facts.
 
Yours faithfully,
 

/s/ Alan Lam
Alan Lam
Relationship Manager
Origination & Client Coverage, Wholesale Banking
Standard Chartered Bank (Hong Kong) Limited