This Tenancy Agreement is made on the 1st December 2023 BETWEEN Lew Chee Hoong (IC NO.***) (“The Landlord”) AND Win-Fung Fibreglass Sdn Bhd (COMPANY REGISTRATION NO: 117136-D (“The Tenant”)
Exhibit 10.14
This Tenancy Agreement is made on the
1st December 2023
BETWEEN
Xxx Xxxx Xxxxx
(IC NO.***)
(“The Landlord”)
AND
Win-Xxxx Fibreglass Sdn Bhd
(COMPANY REGISTRATION NO: 117136-D
(“The Tenant”)
Demised Premises Address: | ||
Xxx 0000, Xxxxx 0X, | ||
Kg Baru Subang, Seksyen U6 | ||
40150 Shah Alam, | ||
Selangor |
TERM and CONDITIONS of the Tenancy:-
1) | The Tenant is liable to pay to the relevant authorities for Electricity, Water and Sewerage charges of the premises during the tenancy period. |
2) | The Tenant has to keep every part of the demised premises with the fixtures and additions of furnished unit thereto in Tenantable repair (Reasonable fair wear and rear accepted), otherwise the tenant will have to compensate for the damage of the item cost. |
3) | The Tenant must not make any alterations and/or additions to the demised premises or remove any of the landlord’s fixture without the previous consent in writing to the Landlord, such consent shall not be unreasonably withheld and if consent is given without obtaining the planning approval and all other requisite permissions from the appropriate authorities. |
4) | To permit the Landlord and his duly authorized agent at all reasonable times and periodically appointment to enter and examine the state of repair of the demised premises and forthwith to repair. |
5) | Tenant is liable and of which written notice shall have been given to the tenant: |
a) | To comply with rules, regulations and by-laws of the local Authorities/Building Management or any other Authorized concerned in respect of the demised premises; |
b) | Not to carry on or allow to be carried on any hazardous, immoral, illegal of offensive trade or business or permit to be done on the demised premises anything which may be or become nuisance to the neighbors; |
c) | Not to bring or permit of suffer to be brought into or upon the demised premises or any part thereof any goods or do permit or suffer to be done upon the demised premises anything which may invalidate or affect any insurance taken out by the landlord in respect of the demised premises; |
d) | To deliver to the Landlord the demised premises in good and tenantable condition and repair at the expiry of the tenancy hereby created. It must be thoroughly clean or else cleaning charges will be imposed. |
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6) | The period of tenancy shall follow as below:- |
i) | After completion of two (2) years tenancy period from the date hereof, if the Landlord shall require the said Premises for its own use or for its development purposes whatsoever, the Landlord may prematurely terminate this Tenancy Agreement by giving to the Tenant a two (2) months written notice of such sooner determination; |
ii) | After completion of two (2) years tenancy period for the date hereof, if the Tenant desires to terminate the Tenancy Agreement before the expiration of the term hereby created, the Tenant shall be required to give a two (2) months written notice of such soon determination. |
IN WITNESS WHEREOF the parties hereto have hereunto set their hands the day and year first above written
Signed by Landlord: | Signed by the Tenant: | |
(Seal) Win-Xxxx Fibreglass Sdn Bhd | ||
/s/ Xxx Xxxx Xxxxx | /s/ Law Xxx Xxxx | |
(NRIC NO:***) | (NRIC NO:***) | |
In the presence of: | ||
In the presence of: | ||
/s/ Xx Xxx Xxx | /s/ Xxx Xxxx Leng | |
NRIC No.*** | NRIC No.*** | |
Date 24/11/2023 | Date 24/11/2023 |
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THE SCHEDULE
(which is to be taken, read and construed as an integral part of this Agreement)
SECTION | DESCRIPTION | PARTICUIARS |
1. | Date: | 1st December 2023 |
2. | Landlord: |
Xx Xxx Xxxx Xxxxx IC No. *** X0, Xxxxxx Xxxxxxxxxxx Xxxxx 0, 00000 Xxxxx Xxxxxx Tel : 000-000 0000 |
3. | Tenant: |
Win-Xxxx Fibreglass Sdn Bhd Company Reg. Xx.000000-X Xxx 0000, Xxxxx 0X, Xx Xxxx Xxxxxx,
Tel : 00-00000000 |
4. | Said Premises: |
Xxx 0000, Xxxxx 0X, Xx Xxxx
Xxxxxx, Xxxxxxxx |
5. | Term of Tenancy: | Two (2) years with an option to renew for another one year at the then prevailing market rental to be mutually agreed upon. |
6. |
a) Date of Commencement of Tenancy:
b) Date of Expiry: |
1st December 2023
30th November 2025 |
7. | Monthly Rent: | 12,000.00 (Ringgit Malaysia: Twelve Thousand Only) |
8. | Deposit: |
Security deposit of RM24,000.00 (i.e., equivalent to two months reserve rent) Utility deposit of RM6,000.00 |
9. | Due Date for payment of monthly rent: | The First day of each calendar month, of which rental shall be paid to the owner not exceeding the seventh day of each calendar month. |
10. | Monthly rental to credit to Xxxxxxxx’s Bank Account No: | Name of Bank :Xxxx Xxxxx Bank Berhad Account Name : XXX XXXX XXXXX Account No :*** |
11. | Usage: | Tenant should pay all charges and outgoing in respect of the supply water, electricity, sewerage, and other utilities supplied to the Said Premised during the Tenancy |
12. | Purpose: | residential |
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