jv agreement

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8 APRIL 2016 To: Managing Director Eralab Sdn Bhd Attention: Pn Noraini Shair APEXS SYNERGY RESOURCES member of apexsgroup unit a12b-1, jalan selaman 1/1, dataran palma, 68000 ampang, selangor, malaysia, t: +603.4278.4779 , e: [email protected] , w: www.apexs.my QUOTATION Dear Sir, SUBJECT: OFFICE RENOVATION, MOVERS AND SUPPLY/INSTALL STANDARD WORKBENCH FOR LAB USE :: Q1221-321 (REV.0) We are pleased to submit our price quotation, scope of work and commercial & business terms as below: These pricing is worked based on the limited information we received from the client and might be adjusted it incorporate whatever items or works need to be done to complete the final lab equipment / interior decoration or environment. All other variation order shall be charged accordingly, if any. All payments are in Ringgit Malaysia and must be made payable to our designated company for this purpose. i.e. APEXS SYNERGY RESOURCES All payment(s) made / received are not refundable due to any reason or whatsoever. This Quotation is valid for 14 working days from the date stipulated herein. PART A: SCHEDULE OF PRICE SCOPE DESCRIPTION QUANTITI PRICE (RM) A1 Removal of existing partitions / workbench and wall cabinet INCLUDING electrical appliances and cables dismantling 1 lot at 1 location 3,500 A2 OPTIONAL MOVER : All of the above items to a new location Depending on location Each 5KM = RM1800 A3 Relocation of Office File Racks, tables and others 1 Lot 800

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Page 1: Jv Agreement

8 APRIL 2016To:Managing DirectorEralab Sdn BhdAttention: Pn Noraini Shair

APEXS SYNERGY RESOURCESmember of apexsgroup

unit a12b-1, jalan selaman 1/1, dataran palma, 68000 ampang, selangor, malaysia, t: +603.4278.4779 , e: [email protected] , w: www.apexs.my

QUOTATIONDear Sir,

SUBJECT: OFFICE RENOVATION, MOVERS AND SUPPLY/INSTALL STANDARD WORKBENCH FOR LAB USE :: Q1221-321 (REV.0)

We are pleased to submit our price quotation, scope of work and commercial & business terms as below:

These pricing is worked based on the limited information we received from the client and might be adjusted it incorporate whatever items or works need to be done to complete the final lab equipment / interior decoration or environment.

All other variation order shall be charged accordingly, if any.

All payments are in Ringgit Malaysia and must be made payable to our designated company for this purpose. i.e. APEXS SYNERGY RESOURCES

All payment(s) made / received are not refundable due to any reason or whatsoever.

This Quotation is valid for 14 working days from the date stipulated herein.

PART A: SCHEDULE OF PRICE

SCOPE DESCRIPTION QUANTITI PRICE (RM)

A1 Removal of existing partitions / workbench and wall cabinet INCLUDING electrical appliances and cables dismantling

1 lot at 1 location 3,500

A2 OPTIONAL MOVER : All of the above items to a new location

Depending on location

Each 5KM = RM1800

A3 Relocation of Office File Racks, tables and others from Middle Office location to front location

1 Lot 800

A4 Supply Of Workbench For ‘U’ Shape – See Appendix A (Sketches)

Default top Surface :: Mica surface table

Alloy steel / aluminum leg Normal wooden cabinet with small

1 Lot 21,725

Page 2: Jv Agreement

partitions for sample holder

Page 3: Jv Agreement

A5 Installation of the above 1 Lot 2,800

A6 OPTIONAL:

Anti-corrosive / Anti acid surface 3M Film – installation and supply

Per Sqft.: USD 37.00

A7 Supply & Install of extension of workbench – G Floor

Default top surface :: Mica surface table

Alloy steel / aluminum leg Normal wooden cabinet with small

partitions for sample holder

1 Lot 5,500

A8 Glass door supply, replacement and installation

1 Lot 920

A9 3 X 3 GANG Electric plug socket – supply and install

1 Lot 280

GRAND TOTAL 35,525

Goodwill – onetime discount 6% (2,132)

FINAL OFFER PRICE RM 33,393.00

PART B: SCHEDULE OF PAYMENT / PAYMENT TERMS

SCOPE DESCRIPTION PERCENTUM VALUE (RM)

B1 Upon Purchase Order : prior to start work 50% 16,696.50

B2 Upon Completion of Installation and Delivery of EACH Item in Schedule A

45% 15,026.85

B3 Upon Satisfaction and Approval of the overall Project and Handing Over meeting / session (Retention)

5% 1,669,65

We shall mobilize only after we receive FULL payment of the first milestone before 6th of April 2016 for all of the above or else, you are NOT entitled for the Goodwill discount.

Regards,

fM Shahzar M Idris, CEO

Page 4: Jv Agreement

Apex Symphony Sdn Bhd

APPENDIX A :: Sketches – For Reviewing Purpose Only

The full drawings shall be produce upon PO.