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Friendly Loan Agreement

Kenny Loh Li Wei borrowed RM36,000 from Khaw Eng Lih as a friendly personal loan to invest in entertainment projects. Kenny agreed to repay the full amount by November 10, 2011. If he fails to repay by that date, he will not resist or defend any legal recovery efforts by Khaw, and will pay legal fees and costs in addition to the principal loan amount. The loan agreement was signed on November 10, 2010.

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Kenny Loh Li Wei
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11K views2 pages

Friendly Loan Agreement

Kenny Loh Li Wei borrowed RM36,000 from Khaw Eng Lih as a friendly personal loan to invest in entertainment projects. Kenny agreed to repay the full amount by November 10, 2011. If he fails to repay by that date, he will not resist or defend any legal recovery efforts by Khaw, and will pay legal fees and costs in addition to the principal loan amount. The loan agreement was signed on November 10, 2010.

Uploaded by

Kenny Loh Li Wei
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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I,Kenny Loh Li Wei (NRIC No.

:810221-07-5335) of 1-1-1 Indahria Penang have this day borrowed the sum of RM36,000 from Khaw Eng Lih (NRIC No. : 810103-07-5115) Penang, Malaysia as a friendly loan for my personal contingency use to invest in several entertainment project. I undertake to repay the amount RM36,000 to Khaw Eng Lih on or before the date. If I fail to do repay the amount of RM36,000 on or before 10/11/2011, I will not resist or defend any proceedings for recovery initiated by Khaw Eng Lih against me in which case I agree to pay the full legal fees and costs incurred thereby together with the principal loan of RM36,000. Dated this 10th day of November 2010. Yours faithfully,

------------------Kenny Loh Li Wei

We, office at

(Company Reg :

have this day borrowed the sum of (NRIC NO : ) of through our director, (NRIC NO : for our contingency use. We undertake to repay the amount of installments of: 1) 2) 3) 4) 5) to

) with our registered and place of business at from as a friendly loan, ) of

in 5 annual

on or before the above dates, we will not If we fail to do repay the amount of resist or defend any proceedings for recovery initiated by against us in which case we agree to pay the full legal fees and costs incurred thereby together with the . principal loan of Dated this day of 2007.

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