Summary of Amendment to the Loan Agreement
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EX-10.2 3 v114274_ex10-2.htm Unassociated Document
Exhibit 10.2
Summary of Amendment to the Loan Agreement
| No. | GDK476780120070027 |
| Bank: | Bank of China |
| Borrower: | Guangzhou City Clifford Development (Panyu) Company Limited |
| Date: | January 19, 2008 |
| Subject: | Both parties agreed to amend Clause 9 of the Loan Agreement No.GDK476780120070027. |
| New clause: | Bank of China cancels the pledge requirement for the borrower and when the Bank of China deems fit the borrower will be required to provide a new guarantor or pledge. |
