Credit Facility Letter Agreement between Trio-Tech (KL) Sdn Bhd and Public Bank Berhad (January 22, 2002)

Contract Categories: Business Finance › Facility Agreements
Summary

This agreement is between Trio-Tech (KL) Sdn Bhd and Public Bank Berhad. It confirms the reduction of Trio-Tech's overdraft limit from RM300,000 to RM30,000 under their existing overdraft account, effective immediately. All other terms and conditions from the original offer letter dated January 30, 1995, remain unchanged. Trio-Tech is required to acknowledge receipt and acceptance by signing and returning a copy of this letter.

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EX-10.19 9 dex1019.txt CREDIT FACILITY LETTER DATED JANUARY 22, 2002 10.19 Credit Facility Letter dated January 22, 2002, between Trio-Tech (KL) Sdn Bhd and Public Bank Berhad. * [LOGO] PUBLIC BANK (6463-H) Our Ref: Sec Dept/OD ###-###-#### 22 January 2002 PRIVAIE & CONFIDENTIAL M/S Trio-Tech (KL) Sdn Bhd By Fax / By Post Blk 1008 Toa Payoh North #03-09 Singapore 318996 Attention: Ms Leonq Yin Teng Dear Sirs Reduction of Overdraft Limit Old Limit: RM300,000-00 New Limit: RM30,000-00 Under OD Account No. 3-0929164-28 We refer to your letter dated 17 January 2002 and are pleased to inform that your overdraft limit has been reduced from RM300,000-00 to RM30,000-00 with immediate effect. All other terms and conditions as per our Letter of Offer dated 30 January 1995 remain unchanged. Meanwhile, kindly acknowledge by signing and returning the duplicate of this letter. Yours truly for PUBLIC BANK BERHAD /s/: Chang Wei Ling Chang Wei Ling (Ms) Operations Officer CWL / - (mm) [LETTERHEAD OF TRIO-TECH] TRIO-TECH (K.L) SDH. BHD. Company No. 197594X 17 January 2002 Chua Swee Leong Banking Facilities Dept Public Bank Bhd Ground Floor Wisma Saudagar By fax 420 Batu 5 Jalan Ampang 68000 Ampang Selangor Darul Ehsan Kuala Lumpur Dear Mr Chua Re: Revised Bank Facilities letter Current Account No: 3082916428 We would like to have a copy of the revised bank facilities letter after a revision is made in November 2001. We will appreciate it if we could receive the letter by 28 January 2002. You could fax to us first at ###-###-#### and send it to Blk l008. Toa Payoh North, #03-09 Singapore 318996. Please do not hesitate call the undersigned at ###-###-#### respectively should you need any clarification. Thank you Yours faithfully, Leong Yin Teng Accounts Officer