You are on page 1of 1

The Manager

Maybank Islamic Berhad


Credit Administration Central Commercial
Mezzanine- 4th Floor,
No. 92, Jalan Tun H. S. Lee,
50000 Kuala Lumpur.

Date:

Dear Sir,

REDEMPTION STATEMENT / LETTER OF UNDERTAKING


PROPERTY : H.S.(D) 76299, PT 3893, Seksyen 43, Bandar Kulim, Daerah Kulim, Kedah.
BORROWER : URUS KENCANA SDN. BHD.
A/C NO. : 552059-814533 (CL-i) & 452059-730225 (CMTF-1)

We refer to the above matter and wish to inform that the Bank is hereby authorized to debit the sum as per
redemption statement of ________________ together with all costs, charges & profits into the above account in
the event the Discharge of Charge /Receipt & Reassignment is returned to the Bank and the Bank is required to
refund the said sum as mentioned above pursuant to an undertaking by the Bank.

In the event the Discharge of Charge/receipt & reassignment is not registered, we will continue to service our
financing as if there was no redemption being taken place.

We hereby further agree and consent to appoint :

M/s T.E. TEOH WONG & CO.


Advocates & Solicitors
No. 29, 2nd Floor, Jalan Ibrahim,
08000 Sungai Petani, Kedah.

to handle the legal documentation pertaining to the Discharge of Charge/Receipt & Reassignment on my behalf
upon full settlement of the facility and the Bank is absolved from all responsibilities/claim/delay/ whatsoever
arising from the Discharge of Charge/Receipt & Reassignment.

Thank you.

Yours faithfully,

…………………………… ……………………………..
Name: URUS KENCANA SDN. BHD. Name: URUS KENCANA SDN. BHD.
Date: Date:

I/We hereby confirm and agree to the above undertaking :

……………………………
Signature of Chargor (for 3rd party charge/assignment)
Date:

Witnessed by :

……………………………
Solicitors

You might also like