TAI WAH TIMBER FACTORY LIMITED
Exhibit 10.6
TAI WAH TIMBER FACTORY LIMITED
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Agreement
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Aug 23, 2010 |
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Banking Facilities granting to Green Dragon Wood Products Co. Ltd.
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Effective Date
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01-Sep-10 |
| Combined Import Loan & LC |
HKD 5,000,000.00
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| Commission | 3.5% on invoice amount |
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include LC opening comm., custom declaration fee
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exclude insurance, exchange difference, LC amendment & other bank charges incurred
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| Overdue Interest (per annum) | 0% within 60 days* |
| 18% over 60 days* | |
| * grace period 15 days, will not charge interest. | |
| agreed by |
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for and on behalf of
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Green Dragon Wood Products Co. Ltd.
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