Tech Fellows Limited
Exhibit 10.3
Tech Fellows Limited
TECH FELLOWS LIMITED
S012, 2nd Floor Sungai Wang Plaza
Jalan Xxxxxx Xxxxxx
50250 Kuala Lumpur
Malaysia
Date: November 18, 2024
VO2-03-07, Velocity Office 2
Lingkaran SV, Sunway Velocity
55100 Kuala Lumpur
Malaysia
XXXXX TECHNOLOGY LIMITED
VO2-03-07, Velocity Office 2
Lingkaran SV, Sunway Velocity
55100 Kuala Lumpur
Malaysia
Dear Sirs,
RE: SOFTWARE PURCHASE AGREEMENT DATED November 18, 2024
We refer to the following documents:
| (i) | Software purchase agreement dated November 18, 2024 (“Agreement”) entered into between Tech Fellows Limited (Registration No. 242854) (“Assignor”), Xxxxx Technology Limited (Registration No. 2131768) and Starbox Group Holdings Ltd. (Registration No. 381005); and |
| (ii) | Deed of Assignment dated November 18, 2024 (‘‘Deed”) entered into between Assignor and the persons named in Schedule 1 of the Deed (the “Assignees”). |
The aforementioned documents are appended hereto for your reference. Unless otherwise defined herein, capitalised terms used in this notice shall have the same meanings given to them in the Agreement and the Deed.
We write to notify that, pursuant to the Deed,we have assigned, transferred and conveyed our right and entitlement to receive the Consideration Shares in favour of the Assignees.
Accordingly, we hereby authorise and instruct you to allot and issue the Consideration Shares directly to the Assignees. The number of Consideration Shares to be allotted and issued to each of the Assignees are as specified against each of the Assignees’ names in Schedule 1 of the Deed. Upon your issuance of the Consideration Shares to the Assignees, we agree and acknowledge that your payment obligation in respect of the Purchase Consideration under the Agreement shall be fully satisfied and discharged.
| Yours faithfully, | |
| For and on behalf of | |
| TECH FELLOWS LIMITED | |
| /s/ Xxx Xxx Xxxxx | |
| Name: Xxx Xxx Xxxxx | |
| Designation: Director |
X000,
0xx Xxxxx Xxxxxx Xxxx Xxxxx, Xxxxx Xxxxxx Xxxxxx,
00000 Xxxxx Xxxxxx, Xxxxxxxx.
ACCEPTANCE
We, STARBOX GROUP HOLDINGS LTD. (Registration No. 381005), hereby acknowledge the receipt of the notice and agree to the terms and conditions as stated in the notice above.
| Signed by | |
| For and on behalf of | |
| STARBOX GROUP HOLDINGS LTD. | |
| /s/ Xxx Xxxxx Xxxx | |
| Name: Xxx Xxxxx Xxxx | |
| Designation: Chief Executive Officer | |
| Date: November 18, 2024 |
We, XXXXX TECHNOLOGY LIMITED (Registration No. 2131768), hereby acknowledge the receipt of the notice and agree to the terms and conditions as stated in the notice above.
| Signed by | |
| For and on behalf of | |
| XXXXX TECHNOLOGY LIMITED | |
| /s/ Xxxx Xxxx Xxx | |
| Name: Xxxx Xxxx Xxx | |
| Designation: Director | |
| Date: November 18, 2024 |
