UPD-FIN-CCU-01-B6

PROPERTY

Reference : F4A/217471
Date : November 2022

TAN HENG OOI

10-01, RAFFLES SUITE,
PERSIARAN SUTERA DANGA,
BANDAR UDA UTAMA,
81300 JOHOR, MALAYSIA

Dear Sir/Madam,

RE : FLEXI REPAYMENT SCHEME

PROJECT : ARECA TERRACES (F4A), BANDAR UDA UTAMA
PROPERTY : HS(D) NO : 614610 UNIT NO : PTD 217471
PURCHASE PRICE : RM 633,659.00
FINANCING AMOUNT : RM 440,000.00
DIFFERENTIAL SUM : RM 193,659.00
_________________________________________________________________________________

We refer to the above matter.

2. We have concluded your differential sum as follow:

     

  Selling Price : RM 633,659.00

(-) Loan : RM 440,000.00
  Differential Sum : RM 193,659.00

(-) Rebate : RM 34,851.00

(-) Amount paid : RM 50,000.00

Balance to be paid : RM 108,808.00

3. Considering the request made by you for the settlement of the Differential Sum by installment,
we hereby agree to grant you a repayment scheme (hereinafter referred to as “the Flexi Repayment
Scheme”), upon the terms and subject to the conditions as hereinafter appearing: -

(a) The Scheme

You shall settle the Differential Sum due to us in installments for a period of six (6) months
(hereinafter referred to as “the Flexi Repayment Scheme Period”) on or before the seventh
(7th) day of every calendar month by way of: -

(i) submitting post-dated cheques (PDC) to us; or

RE : FLEXI REPAYMENT SCHEME
PROJECT : ARECA TERRACES (F4A), BANDAR UDA UTAMA
PROPERTY : HS(D) NO : 614610 UNIT NO : PTD 217471
PURCHASE PRICE : RM 633,659.00
FINANCING AMOUNT : RM 440,000.00
DIFFERENTIAL SUM : RM 193,659.00
__________________________________________________________________________________

(ii) by way of online transfer; or

For the said purpose, the installments shall be remitted into our account as follows:

Company Name : UDA LAND (SOUTH) SDN BHD

Beneficiary Bank : RHB BANK BERHAD
Account Bank No : 21439460041481

Kindly email us the deposit or transfer slip once the payment is made to
(amira.fatin@udanet.com) or contact us at (018-6694315) for our record purpose.

(iii) by way of Standing Instruction to bank (SI).

4. Please find below the details of the installments under the Flexi Repayment Scheme: -

NO MONTH AMOUNT (RM) NOTES

1 NOVEMBER 2022 20,000.00 PAID – 07 November 2022
2 DECEMBER 2022 20,000.00
3 JANUARY 2023 20,000.00
4 FEBRUARY 2023 20,000.00
5 MARCH 2023 25,000.00
6 APRIL 2023 23,808.00
TOTAL 128,808.00

(b) Consequence of Default

In the event you fail to pay the instalments in accordance with the provisions of this letter
within the Flexi Repayment Scheme Period, we shall be entitled to charge you a late payment
penalty at the rate of ten per centum (10%) per annum of the outstanding sum due to us
calculated on daily basis from the date next following the expiry of the due date until the date
such amount is deposited with us; AND to commence legal action against you for any arrear
due to us.

(c) Confidentiality

It is hereby agreed that the existence, contents and substance of this letter are commercially
sensitive and shall be treated as strictly confidential and accordingly, unless required by
operation of law, no parties may expressly or impliedly disclose any information in respect of
this letter to any person other than for the purpose of enforcing this letter without the prior
written agreement of the parties. The restrictions contained in this clause shall bind both
parties without limit in point of time.

Reference: F4A / 217471 Page 2

RE : FLEXI REPAYMENT SCHEME
PROJECT : ARECA TERRACES (F4A), BANDAR UDA UTAMA
PROPERTY : HS(D) NO : 614610 UNIT NO : PTD 217471
PURCHASE PRICE : RM 633,659.00
FINANCING AMOUNT : RM 440,000.00
DIFFERENTIAL SUM : RM 193,659.00
__________________________________________________________________________________

5. Delivery of Vacant Possession for the said Property will only be handed over to you once you
are settle all payments due to us under the Sale and Purchase Agreement (“SPA”) including all late
payment interest and all outgoings.

6. Other terms and conditions as mentioned in the Sale and Purchase Agreement (“SPA”) dated
27/10/2022.

7. We hope that the granting of this Flexi Repayment Scheme would be of assistance to you for
the settlement of the said differential sum.

Thank you.

Yours faithfully,
UDA LAND (SOUTH) SDN BHD

MUHAMMAD ISMAIL DASUKI

Chief Operating Officer
(HA/fatin)

Reference: F4A / 217471 Page 3

RE : FLEXI REPAYMENT SCHEME
PROJECT : ARECA TERRACES (F4A), BANDAR UDA UTAMA
PROPERTY : HS(D) NO : 614610 UNIT NO : PTD 217471
PURCHASE PRICE : RM 633,659.00
FINANCING AMOUNT : RM 440,000.00
DIFFERENTIAL SUM : RM 193,659.00
__________________________________________________________________________________

ACCEPTANCE

I/We, _________________________________ hereby understand the contents of the letter and

hereby accept(s) the terms as contained herein by agreeing the terms and conditions stated above.
By accepting this offer, I/We further undertake to strictly comply with the above terms.

Yours faithfully; Witnessed by:

……………………………………………......... ……………………………………………….

Name: _____________________________ Name: __________________________

NRIC No.: __________________________ NRIC No.: _______________________

Date: ______________________________ Date: ___________________________

Reference: F4A / 217471 Page 4