Attached files
| file | filename |
|---|---|
| S-1/A - HOME TOUCH S1-A4 - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_s1a4.htm |
| EX-10.15 - FORFEITURE AGREEMENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_ex1015.htm |
| EX-23.1 - CONSENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_ex2301.htm |
Exhibit 10.14
As of March 31, 2008, a balance of $382,702 due
to related parties represented temporary advances pursuant to an oral agreement
from a related company, Technics Group Limited, which is controlled by Mr. David
Gunawan Ng and Ms. Stella Wai Yau. The balance was unsecured, non-interest
bearing and repayable on demand. For the year ended March 31, 2009, the Company
received the additional advances of $66,949 and the balance of $449,651 due to
related parties was waived by the related company subsequently.
This waiver was granted
3/31/2009 and the waiver is unconditional.
/s/ David Gunawan
Ng
David
Gunawan Ng
/s/ Stella Wai
Yau
Stella
Wai Yau