736B GEYLANG ROAD SINGAPORE 389647 Tel: 67494119 Fax: 67493689

 

 

 

 

{Attention : JANICE TAY )

 

Dear Sirs,

 

 

 

1     (a)   We refer to your application to reserve the Premises using Express Lane Application Programme ("ELAP") submitted on 4 September 2007 and accorded the Application number A0618422 ("the Application") which was approved by us on 20 September 2007.

 

        (b) Based on the information provided by you in the Application and on condition that you have not breached any of the terms set out in the Terms and Conditions for the use of ELAP, 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 A0618422 also known as Unit #04-11 /12 ("the Premises") in BLK 1004 TOA PAYOH NORTH ("the Building") in the TOA PAYOH NORTH INDUSTRIAL ESTATE SINGAPORE 318995 as delineated and edged in red on the plan attached to the Offer.

 

    2.2   Term of Tenancy :

 

3 years 0 months ("the Term") with effect from 25 November 2007 ("the Commencement Date").

 

 

(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.

 

 

   Approximately 181.4 square metres ("the Area").

 

 

(a)	Discounted rate of Dollars $9.45 per square metre per month on the Area, for so long as you shall occupy by way of tenancy an aggregate floor area of 5,000 to 9,999 square metres in the Building or in the various flatted factories belonging to us; and

 

(b)	Discounted rate of Dollars $9.65 per square metre per month on the Area, in the event that the said aggregate floor area occupied is at any time reduced to between 1,000 to 4,999 square metres in the Building or in the various flatted factories belonging to us; and

 

(c)	Normal rate of Dollars $9.95 per square metre per month on the Area, in the event that the said aggregate floor area occupied is at any time reduced to below 1,000 square metres (when the discount shall be totally withdrawn) with effect from the date of reduction in the said aggregate floor area,

    ("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 01 December 2007 .

 

            2.6 Service Charge :

 

    $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 Rent, subject to our revision from time to time.

 

  2.7 Security Deposit/Banker's Guarantee :

 

Ordinarily we would require a tenant to lodge with us a security deposit equivalent to three (3) months' rent and service charge. However, 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 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 Guarantee in the form attached (effective from 25 September 2007 to 24 February 2011 ), 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 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 Rent (at the normal or discounted rate, 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' Rent and Service Charge, so that the Security Deposit shall at all times be equal to three (3) months' Rent (at the normal or discounted rate, as the case may be) and Service Charge for the remaining period of the Term.

           2.8 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 Rent, Service Charge and GST 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. You are therefore not required to submit a duly completed GIRO form as part of the Mode of Due Acceptance. But if you wish to have a separate GIRO account to meet the aforesaid payments, please complete the GIRO deduction form enclosed.

 

(d)	However, pending finalisation for the GIRO arrangement, you shall pay Rent, Service Charge and GST as they fall due by cheque or Cashier's Order.

 

2.9 Authorised Use :

 

You shall use the Premises for the purpose of MANUFACTURE OF SEMICONDUCTOR ASSEMBLY AND TESTING EQUIPMENTS only and for no other purpose whatsoever ("the Authorised Use").

 

2.10 Approvals :

 

The Tenancy is subject to approvals being obtained from the relevant governmental and statutory authorities.

 

2.11 Possession of Premises :

 

(a)	Subject to your acceptance of the Offer, keys to the Premises shall be made available to you within the period of two (2) months before the Commencement Date.

 

(b)	From the date you accept the keys to the Premises ("Possession Date") until the Commencement Date, you shall be deemed a licensee upon the same covenants, terms and conditions as in the Tenancy.

 

(c)	If you proceed with the Tenancy after the Commencement Date, the licence fee payable from the Possession Date to the Commencement Date shall be waived ("Rent-Free Period"). Should you fail to so proceed, you shall:

 

(c1) remove everything installed by you;

 

(c2) reinstate the Premises to its original state and condition; and

 

(c3) pay us a sum equal to the prevailing market rent payable for the period from the Possession Date up to the date the installations are removed and reinstatement completed to our satisfaction,

 

without prejudice to any other rights and remedies we may have against you under the Tenancy or at law.

 

2.12 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 kiloNewtons per square metre of the Premises on the 04 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.

 

 

2.13 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 3 years 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 rent payable 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

 

 

(b3) the tenancy for the further term shall be upon the same covenants, terms and conditions except for the rent, security deposit (which shall be equivalent to three (3) month's rent and service charge instead of two (2) months), and excluding a covenant for renewal of tenancy.

 

3    Mode of Due Acceptance :

 

The Offer shall lapse if we do not receive the following by 24 September 2007:

 

(a)	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)

 

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

 

(c) *Duly completed GIRO authorization form.

 

 

 

5    Rent-Free Period :

 

As the Commencement Date will not be deferred, we advise you to accept the Offer as soon as possible and to collect the keys to the Premises on the scheduled date in order to maximize the Rent-Free Period referred to in Clause 2.11 (c) of this letter.

 

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    Car-Parking Scheme :

 

The carpark for BLK 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 carpark. You are requested to contact:

 

 

	736B GEYLANG ROAD SINGAPORE 389647
	Tel: 67494119
	Fax: 67493689

 

 

    on your use of the carpark.

 

8    Electricity Connection:

 

Upon your acceptance of the Offer, you are advised to proceed expeditiously to engage a registered electrical consultant to submit two sets each of electrical single-line diagrams and electrical layout plans to and in accordance with the requirements of our Facilities Management Section, Operations Support Department of our Customer Services Group, for endorsement before an application is made to SP Services Ltd to open an account for electricity connection.

 

Please contact the Facilities Management Section at Blk 25 Kallang Avenue #05-02 Kallang Basin Industrial Estate Singapore 339416 for their requirements.

 

 

Yours faithfully

 

 

INDUSTRIAL DEVELOPMENT (HIGH-RISE) DEPARTMENT

INDUSTRIAL PARKS DEVELOPMENT GROUP

 

JTC CORPORATION

DID : 68833419

FAX : 68855899

Email : ***@***

 

ENCS:

 

[x] Payment Table                                               [x] GIRO Form(s)   [x] Specimen BG Plan

[x] Specimen Acceptance Form   [x] MT No. 27,09

[x] Schedule of Statutory Controls for Flatted, Ramp-up and Stack-up Factory Customers

 

 

20 September, 2007

 

 

Industrial Development (High-Rise) Department J

JTC Corporation

The JTC Summit

8 Jurong Town Hall Road

Singapore 609434

 

Attention: Ms Cheng Su Ting

 

Dear Ms Cheng

 

 

1.	We refer to your letter of Offer and the eStatement letter both dated 20 September 2007 for the Tenancy and hereby confirm our acceptance of all the covenants, terms and conditions of the Offer and eStatement letter.

 

2.	We are currently on GIRO, thus we enclose herewith a cheque for the amount of S2476.95 and a Banker's/Insurance Guarantee for the amount of S2122.38 (1 month's rental and service charge) as security deposit as confirmation of our acceptance.

 

3.

We are fully aware that the Tenancy is subject to necessary approvals and clearances from the relevant governmental and statutory authorities (including but no limited to Pollution Control Department of the National Environment Agency and the Public Utilities Board). We shall be responsible to obtain and comply with such approvals and clearances.

 

 

                            /s/ Mrs. Lee Soon Siew Kuan__

Name of Authorised signatory    :    Mrs. Lee Soon Siew Kuan

Designation                :    Vice President - Logistics

 

For and on behalf of:

TRIO-TECH INTERNATIONAL PTE LTD

 

In the presence of:

 

                            /s/ Miss Janice Tay

Name of witness            :    Miss Janice Tay

NRIC No.                :    S8131639B