Loan Agreement made in 31stJanuary2008
EX-10.13 2 hometouch_ex1013.htm PENFLOW TECHNOLOGY LOAN AGREEMENT hometouch_ex1013.htm
Exhibit 10.13
Loan Agreement made in 31st January 2008
| Lender: | Penflow Technology (Asia) Limited, a company duly incorporated under the laws of Hong Kong (SAR) and having its registered office at 101, Stanhope House, 734 King's Road, Hong Kong (hereinafter "Penflow") |
| Borrower: | Home Touch Limited, a company duly incorporated under the laws of Hong Kong (SAR) and having its registered office at 101, Stanhope House, 734 King's Road, Hong Kong (hereinafter "HT") |
Regarding the loan for Shelley Street project, Penflow agreed to borrow H1(1)3,000,000 to HT by following terms:
| 1. | Total Amount: HKD3,000,000 |
| 2. | Interest Amount: HKD 100,000 |
| 3. | Loan Period: From 1" Feb 2008 to 31' Jan 2010 |
| 4. | Collateral: No need |
IN WITNESS WHEREOF the parties hereto have caused this Agreement to be executed by their authorized representatives on the day and year first above written.
| For and on behalf of | For and on behalf of |
| Penflow Technology (Asia) Limited | Home Touch Limited |
| By: Stella Yau /s/ Stella Yau | By: David Ng /s/ David Ng |
