Supplementary Agreement of Loan

Exhibit 4.27

Supplementary Agreement of Loan

Borrower (Party A): Zastron Electronic (Shenzhen) Co., Ltd
Address: Gusu Industrial Estate, Xixiang, Bao’an, Shenzhen
Post code: 518126

Lender (Party B): Zastron Precision-Tech Limited
Address: Cricket Square, Xxxxxxxx Drive, P.O. Box 2681, Grand Cayman KY1-1111,
Cayman Islands

Whereas:

	(1)		In accordance with a loan agreement (“that Agreement”) signed by Party A with Party B on Mar. 30, 2004, Party A borrowed from Party B with US Dollars Eighteen Million Six Hundred and Sixty Thousand only (USD 18,660,000). The term of loan agreed by that Agreement is one year, from Mar. 31, 2004 to Mar. 30, 2005.
	(2)		In April 2005, Party A and Party B reached unanimity through consultation and negotiation and agreed to enter into this Agreement to extend the term of the said Agreement, from Mar. 31, 2005 to Mar. 30, 2006.
	(3)		Having reached unanimity through consultation and negotiation, Party A and Party B agree to enter into this Agreement to extend another one year of the term of the said Agreement and to be abided by both parties.

     Article 1 Term of Loan

     Party A and Party B now agree to extend another one year of the term of the

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loan agreed by Article 3 of that Agreement, i.e. from Mar. 31, 2006 to Mar. 30, 2007.

Article 2 Effectiveness of that Agreement

Except the above amendment, all other provisions of that Agreement shall remain in force.

Article 3 Effectiveness of this Agreement

This Agreement shall take effect from the date of being signed and sealed by the legal representative (person in charge) or authorized agent of Party A and person in charge or authorized agent of Party B.

Article 4

     This Agreement is executed in triplicates. It shall be terminated automatically after the principal is repaid by Party A.

     Article 5

     This Agreement is complying with the Rules for Administration of Foreign Exchange of the PRC

     Party A (seal): Zastron Electronic (Shenzhen) Co., Ltd

Legal representative or authorized agent (signature):     Original signed of Xx.

Xxx Xxx Fon, Patinda       

(with Company chop)

Sept 5, 2007

Party B (seal): Zastron Precision-Tech Limited

Representative (chairman) or authorized agent (signature):  Original signed of

Xx. Xxxx Xx Xxxx

(with Company chop)

Sept 5, 2007

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