EX-10.6 11 ex10-6.htm

 

Exhibit 10.6

 

  DATED THIS 23th DAY OF AUGUST 2023  

 

BETWEEN

 

ANTHARAS HILLS SDN BHD

(COMPANY NO. 1244508-U)

( “THE DEVELOPER” )

 

AND

 

PESAT BUMI SDN BHD

(COMPANY NO. 442859-T)

( “ THE OWNER” )

 

 

SUPPLEMENTAL AGREEMENT

 

 

Owner’s Solicitors :-   Developer’s Solicitors :-
     

M/S. KUMARI PALANY & CO.

Advocates & Solicitors

No. 109-2,Jalan Toman 6

Kemayan Square, 70200

Seremban, Negeri Sembilan

 

M/S. JOSEPH ‘fING & CO.

Advocates & Solicitors

Suites 7-14, 6th Floor, IOI Business Park,

No 1, Persiaran Puchong Jaya Selatan,

Bandar Puchong Jaya, 47170 Puchong,

Selangor Darul Ehsan.

     

Tel: 06-7622200

Fax: 06-7633100

 

Tel : 03-80708090

Fax : 0380708089

 

 

 

 

LEMBAGA HASIL DALAM NEGERI MALAYSIA

NEGERI SEMBILAN (DUTI SETEM)

BEG BERKUNCI 00005

GPO SEREMBAN

70000 NEGERI SEMBILAN

Telefon : 06-7665000

Fax : 06-7625339

www.hasil.gov.my

 

Bil Surat Tuan: KUPC/SUPP-AGR/2209277-401

Tetuan/Tuan/Puan

PESAT BUMI SDN BHD

G-10, Ritz VIiia, Jalan BS 9/5E, Taman Bukit Serdang, Seksyen 9,

43300 Seri Kembangan

Selangor

 

Nombor Adjudikasi: G01DABD324XN003 Tarikh: 01/09/2023

 

Tuan,

 

NOTIS TAKSIRAN PENYETEMAN AM (DUTI TETAP)

 

Jenis Surat cara: SUPPLEMENTAL AGREEMENT

 

Permohonan tuan bertarikh 24/08/2023 di bawah Seksyen 36, Akta Setem 1949 dirujuk.

 

2. Dimaklumkan duti sebanyak RM 40.00 kena dibayar mengikut pengiraan seperti lampiran.

 

3. Sila jelaskan duti tersebut selewat-lewatnya pada 02/10/2023. Bayaran duti setem boleh dibuat secara elektronik melalui:

 

FPX dari laman sesawang STAMPS di https://stamps.hasil.gov.my atau,
Bill Payment (CIMB BizChannel atau Public Bank)

 

4. Kelewatan membayar duti boleh dikenakan penalti di bawah Seksyen 47A, Akta Setem 1949.

 

Sekian, terima kasih.

 

“BERKHIDMAT UNTUK NEGARA”

“BERSAMA MEMBANGUN NEGARA”

 

PEMUNGUT DUTI SETEM LHDNM

 

Cetakan komputer ini tidak memerlukan tandatangan.

 

 

 

 

PENGIRAAN DUTI YANG DIKENAKAN

Bhg. A: Penyeteman Am

 

(a) Duti yang sepatutnya dikenakan b RM 10.00
(b) Tolak amaun duti yang dirernitkan/dikecualikan RM 0.00
(c) Duti yang dikenakan RM 10.00
(d) Penalti yang dikenakan** RM 0.00
(e) Salinan RM 30.00
(f) Jumlah besar duti yang kena dibayar RM 40.00

 

Penaltl

 

Sesualu dokumen hendaklah disetemkan dalam tempoh 30 hari dari tarikh ianya disempurnakan datam Malaysla alau dalam tempoh 30 harl selepas la diterima dalam Malaysia seklranya la dlsempurnakan diluar Malaysla. Sekiranya la tidak disempurnakan dalam tempoh yang dilelapkan, penalli sebanyak :

 

(a) RM25,00 atau 5% daripada dull yang berkurangan, yang mana lebih tinggl, seklranya ia dlseternkan dalarn lempoh 3 bulan selepas masa unluk penyeleman,   (b) RM60.00 alau 10% daripada dull yang berkurangan, yang mana leb!h linggi, selkiranya la disetemkan selepas tempoh 3 bulan lelapi Udak lewat daripada 6 bulan selepas rnasa untuk penyeteman.   (c) RM100.00 atau 20% daripada duti yang berkurangan, yang mana lebih tinggi, sekiranya la dlsetemkan selepas 6 bulan selepas masa untuk penyeteman.

 

Salinan Kepada:

 

Kumari Palany & Co

No. 109-2,

Jalan Toman 6,

Kemayan Square, Seremban

70200 Seremban

Negerl Sembilan

 

 

 

 

 

 

 

 

SUPPLEMENTAL AGREEMENT

 

A SUPPLEMENTAL AGREEMENT made this 28 AUG 2023

 

BETWEENANTHARAS HILLS SON BHD (Company No 1244508-U) a company incorporated in Malaysia and having its place of business at 140, Jalan Maarof, Bukit Bandiraya, Bangsar 59 J.00 Kuala Lumpur (hereinafter called “the Developer”) of the first part;

 

AND PESAT BUMI SDN BHD (Company No 442859wT) a company incorporated in Malaysia and having its place of business at G-10, Ritz Villa, Jalan BS 9/5E, Taman Bukit Serdang, Seksyen 9, 43300 Seri Kembangan, Selangor Darul Ehsan (hereinafter called “the Owner”) of the second part.

 

WHEREAS:-

 

(1)DEVELOPMENT AGREEMENT

 

By a Development Agreement dated 02 November 2018 (hereinafter called “the DA’’) the Owner has agreed to grant to the Developer the right to develop on part of the land, which-is-particularly delineated-in Red in the plan annexed-herewith as Appendix A (hereinafter called “the Development Land,,), held under H.S.(D) 17970 PT 23025 Mukim Bentong, Daerah Bentong, Negeri Pahang measuring approximately Fourteen Thousand Four Hundred Twenty Eight (14,428) square meters (hereinafter called “the said Land”), into apartment buildings with some commercial shops units as the Developer shall in its absolute discretion determine with all the necessary infrastructure, common facilities and amenities related thereto (hereinafter called the “Development”).

 

(2)OWNER’S ENTITLEMENT

 

The Owner’s Entitlement under the DA is Fifteen Per centum (15%) of the total saleable or lettable residential and commercial units to be erected by the Developer on the Development Land which, as agreed by the parties, that the Owner s Entitlement shall be the units which are sold between Seventy One Per Centum (71%) to Eighty Five Per Centum (85%) of the saleable residential and commercial units. The parties are desirous of making further provisions in respect of the Owner’s Entitlement.

 

 

 

 

SUPPLEMENTAL AGREEMENT Page 2 of 6
Developer: Anthares Hills Sdn Bhd
Owner: Pesat Burnt Sdn Bhd  

 

(3)PARTIES DESIROUS TO VARY TERMS OF DA

 

At the Owner’s request, the parties herein are mutually agreeable to vary the terms of the DA to reflect the intentions of the parties upon the terms and conditions herein contained in this Supplemental Agreement

 

NOW THIS AGREEMENT WITNESSETH as follows:-

 

1.AGREEMENT TO VARY

 

1.1In consideration of due observance by the parties herein of all the terms and conditions of the DA the parties herein hereby agree to vary and modify the terms of the DA to the extent and upon the terms and conditions hereinafter appearing.

 

2.VARIATION TO THE OWNER’S ENTITLEMENT

 

2.1The parties herein hereby agree that the term “Owner’s Entitlement” as provided in Clause 1.1 (x) in the DA shall be deleted and replaced by following definition:-

 

“Owner's Entitlement” means Twenty Per centum (20%) of the total saleable or lettable residential and commercial units to be erected by the Developer on the Development Land which, shall be equivalent to the area of 93,273 square feet (“the Agreed Area”) consisting of units which are more particularly specified and listed under Schedule I herein. For the avoidance of doubt, the residential units shall be a Non Bumi lots, fully furnished vacant units similar to the furnished units sold to the Purchasers.

 

2.2The parties herein hereby agree to insert an additional definition of “Land Costs” shall be inserted between Clause 1.l(viii) and (ix) to read as follows:

 

“Land Costs” shall mean the sum of Ringgit Malaysia Sixty Million (RM60,000,000.00) only derived from the Owner’s Entitlement, which is the Agreed Area calculated at the rate of Ringgit Malaysia Six Hundred Forty Three And Sen Twenty Seven (RM643.27) only per sq. ft. (“the Agreed Rate”) as agreed by the parties.”

 

2.3The parties herein hereby agree to vary Clause 7.2 of the DA by inserting at the end the following words “PROVIDED FURTHER THAT the total amount of gross proceeds of sale derived from Owner’s Entitlement shall be RINGGITMALAYSIA SIXTY MILLION (RM60,000,000.00) only.”

 

 
 

 

SUPPLEMENTAL AGREEMENT Page 3 of 6
Developer: Antharas Hills Sdn Bhd  
Owner: Pesat Bumi Sdn Bhd  

 

2.4 The parties herein hereby agree to replace the following Clauses with 7.2, 7.3, 7.4 under Clause 7 of the DA:-:
       
  7.2 The parties hereby agree that the Land Costs shall be paid by invoking Regulation 7(k) of the Housing Development (Housing Development Account) Regulations 1991 and utilize part of the purchase price paid into the Housing Development Account (HDA) for the project to pay towards the Land Costs on the following manner:
       
      1) The first drawdown shall be on the 1st October 2023 based on the regulation of the HDA and the funds available in the HDA account after deducting payment for construction costs.
       
      2) The second drawdown shall be no later than 31st December 2023 based on the regulation of the HDA and the funds available in the HDA account after deducting payment for construction costs.
       
      3) In the event there is insufficient funds to settle the land cost in the HDA account, the outstanding sum after 1st and 2nd drawdown, shall be paid to the Owner prior to issuance of Certificate of Completion (CCC).
         
  7.3 The Owner on a good will basis hereby expressly agrees that in the event that the Developer shall settle the Land Costs in full to the Owner as hereinabove, the Owner shall grant a rebate of Ringgit Malaysia Two Million (RM2,000 000.00) only to the Developer in which case, the Developer shall only be liable to pay to the Owner the sum of Ringgit Malaysia Fifty Eight (RM58,000,000.00) only as the Land Costs.
       
  7.4 The parties have hereby agreed that in the event that Land Costs is not settled by the Developer to the Owner as provided under Clause 7.2 hereinabove, the Developer shall forthwith deliver to the Owner the balance of the Agreed Area which has not been paid for under the Land Costs payment as per Schedule 1.
       
2.5 The parties herein hereby agree to insert the following additional Clauses 7.5 and 7.6 under Clause 7 of the DA:-
   
  7.5 “The Owner hereby covenants, agrees and undertakes that the Owner shall not dispose of any of the apartment units under the Owner’s Entitlement units at a price which shall be lower than the Developer’s prevailing selling price until one (1) year after the Owner’s Entitlement units is handed over by the Developer to the Owner together with the Certificate of Compliance and Completion or until the Developer has achieved Ninety Five per centum (95%) sales of the Developer’s Entitlement units, whichever shall be the earlier.”

 

 

 

 

SUPPLEMENTAL AGREEMENT Page 4 of 6
Developer: Antharas Hills Sdn Bhd  
Owner: Pesat Bumi Sdn Bhd  

 

  “7.6 The Owner hereby agrees that the Owner shall, if required, prior to taking vacant possession of the Owner’s Entitlement execute a Deed of Mutual Covenant which term shall be the same as the Deed of Mutual Covenant to be executed by all other Purchasers of the Development.”
     
2.6 The parties herein hereby agree to insert the following additional Clause 8A after Clause 8 of the DA:-
   
  “8A The Developer hereby agrees to abide by and comply with the Housing Development (Housing Development Account) Regulations 1991 and that in the event that the Developer shall be in breach of the regulations therein contained, it shall be deemed as a material breach of the DA and the Owner shall have right to take the necessary action accordingly”.
     
3. THIS AGREEMENT SUPPLEMENTAL
     
3.1 Save and except where expressly provided, all the other terms and conditions herein contained shall be supplemental to and not in derogation of any of the terms and conditions therein contained in the DA, save and except those herein expressly varied shall remain valid and enforceable.
     
3.2 In the event that there shall be any conflict between the terms herein contained and the terms and conditions therein contained in the DA, the terms and conditions herein shall prevail.
     
4. BINDING AGREEMENT
   
4.1 This Supplemental Agreement shall be binding upon the respective heirs personal representatives successors-in-title and assigns of the Developer and the Owner hereto.

 

 

 

 

SUPPLEMENTAL AGREEMENT Page 5 of 6
Developer: Antharas Hills Sdn Bhd  
Owner: Pesat Bumi Sdn Bhd  

 

5. COSTS
   
5.1 Each party agrees to bear for its legal cost for preparation of this Supplemental Agreement and the stamp duty arising from this Supplemental Agreement shall be equally borne by the parties.
   
6. DEFINITION

 

  6.1 All the terms, words, phrases, definition and semantic employed in this Supplementary Agreement shall, in so far as applicable, bear the same meaning as the terms, words, phrases, definition and semantic employed in the DA.

 

-*******************************-

 

 

 

 

SUPPLEMENTAL AGREEMENT Page6 of 6
Developer: Antharas Hills Sdn Bhd  
Owner: Pesat Bumi Sdn Bhd  

 

IN WITNESS WHEREOF the parties hereto have hereunto set their hands the day and year first abovewritten,

 

The Common Seal of   )
ANTHARAS HILLS SDN BHD   )
(Company No 1244508-U)   )
is hereunto affixed in the presence of:-   )

 

  /s/ TEH KEAN YONG     /s/ TAN SU CHENG
  Director     Director/Secretary
Name: TEH KEAN YONG   Name: TAN SU CHENG
NRIC No . : 790131-10-5515   NRIC No.: 650215-01-5491

 

 

 

The Common Seal of   )
PESAT BUMI SDN BHD   )
(Company No 442859-T)   )
is hereunto affixed in the presence of:-   )

 

     
Director   Director/Secretary

 

 

 

 

SCHEDULE 1

 

Owner’s Entitlement Units

 

 

 

 

LANDOWNER ENTITLEMENT UNIT TOTAL 93,273 SQ FT

 

ID   UNIT   TYPE   SIZE   VIEW   CARPARK
1   A3-2   B1   1066   GENTING   2
2   A3-5   B1   1066   HILL   2
3  

A8-1

  BC   1065   GENTING   2
4   A8-2   B   979   GENTING   2
5   A8-3   BC   1065   GENTING   2
6   A8-3A   BC   1065   HILL   2
7   A8-5   B   979   HILL   2
8   A18-1   B   1065   GENTING   2
9   A18-2   B   979   GENTING   2
10   A18-3A   BC   1065   HILL   2
11   A18-5   B   979   HILL   2
12   B3-5   C   1033   GENTING   2
13   B3-7   C1   1130   GENTING   2
14   B3A-5   C   1033   GENTING   2
15   B3A-7   C1   1130   GENTING   2
16   B5-5   C   1033   GENTING   2
17   B5-7   C1   1130   GENTING   2
18   B7-6   C   1033   GENTING   2
19   B7-7   C1   1130   GENTING   2
20   B8-1   BC   1065   HILL   2
21   _B8-2   B   979   HILL   2
22   B8-3   B   979   HILL   2
23   B8-3A   B   979   HILL   2
24   B8-5   C   1033   GENTING   2
25   B8-6   C   1033   GENTING   2
26   B8-7   C1   1130   GENTING   2
27   B9-5   C   1033   GENTING   2
28   B9-7   C1   1130   GENTING   2
29   BI0-5   C   1033   GENTING   2
30   B10-7   C1   1130   GENTING   2
31   B11-7   C1   1130   GENTING   2
32   B12-7   C1   1130   GENTING   2
33   B13A-7   C1   1130   GENTING   2
34   B15-7   C1   1130   GENTING   2
35   C3-3   El   797   GENTING   1
36   C3-3A   E1   797   GENTING   1
37   C3A-1   EC   764   GENTING   1
38   C3A-3   E   731   GENTING   1
39   C3A-3A   E   731   GENTING   1
40   C3A-5   EC   764   GENTING   1
41   C3A-6   EC   764   HILL   1
42   C5-3   E   731   GENTING   1
43   C5-3A   E   731   GENTING   1
44   CS-5   EC   764   GENTING   1

 

 

 

 

45   C5-6   EC   764   HILL   1
46   C6-1   EC   764   GENTING   1
47   C6-3   E   731   GENTING   1
48   C6-3A   E   731   GENTING   1
49   C6-5   EC   764   GENTING   1
50   C7-1   EC   764   GENTING   1
51   C7-3A   E   731   GENTING   1
52   C7-5   EC   764   GENTING   1
53   C7-6   EC   764   HILL   1
54   C8-3   E   731   GENTING   1
55   A3-1   BCI   1184   GENTING   2
56   A3A-3A   BC   1065   HILL   2
57   A6-2   B   979   GENTING   2
58   B3A-6   C   1033   GENTING   2
59   B6-7   C1   1130   GENTING   2
60   B11-5   C   1033   GENTING   2
61   B13-7   C1   1130   GENTING   2
62   C7-3   E   731   GENTING   1
63   C8-5   EC   764   GENTING   I
64   C8-6   EC   764   HILL   1
65   C9-1   EC   764   GENTING   1
66   C9-5   EC   764   GENTING   1
67   C9-6   EC   764   HILL   1
68   C10-1   EC   764   GENTING   1
69   C10-3   E   731   GENTING   1
70   C10-5   EC   764   GENTING   1
71   C10-6   EC   764   HILL   1
72   C11-1   EC   764   GENTING   I
73   C11-5   EC   764   GENTING   1
74   CH-6   EC   764   HILL   1
75   C12-3A   E   731   GENTING   I
76   C12-5   EC   764   GENTING   1
77   C12-6   EC   764   HILL   I
78   C13-1   EC   764   GENTING   1
79   C13-3   E   731   GENTING   1
80   C13-3A   E   731   GENTING   1
81   C13-5   EC   764   GENTING   1
82   C13-6   EC   764   HILL   1
83   C13A-3   E   731   GENTING   1
84   C13A-5   EC   764   GENTING   1
85   A11-5   B   979   HILL   2
86   A12-5   B   979   HILL   2
87   A13-5   B   979   HILL   2
88   A16-5   B   979   HILL   2
89   A23-5   B   979   HILL   2
90   B23A-1   BIGB2   2033   HILL   2
91   B23A-2   BIG B1   1947   HILL   2
92   C10-3A   E   731   GENTING   1

 

 

 

 

93   C11-3A   E   731   GENTING   1
94   C13A-3A   E   731   GENTING   1
95   C13A-6   EC   764   HILL   1
96   C15-3   E   731   GENTING   1
97   C15-3A   E   731   GENTING   1
98   C15-5   ·EC   764   GENTING   1
99   C15-6   EC   764        
100   C16-1   EC   764   GENTING   1
101   C16-3   E   731   GENTING   1
102   C16-6   EC   764   HILL   1
           

93160