EXHIBIT 10.5
| | | |
| Date: | | 24 February 2009 |
| | | |
| To: | | Chinawe Asset Management (PRC) Limited |
| | | Room 1304-05 Dongbao Tower |
| | | 767 Dongfeng Road East |
| | | Guangzhou, 610600 |
| | | People’s Republic of China |
| | | |
| To: | | Chinawe Asset Management (PRC) Limited |
| | | c/o Chinawe Asset Management Ltd. |
| | | Room 7, 13/F., Block A |
| | | Fuk Keung Industrial Building |
| | | 66-68 Tong Mi Road |
| | | Kowloon |
| | | Hong Kong |
| | | |
| Attn.: | | Ms. Vivian Chu and Mr. Ken Wai |
| Fax.: | | (852) 2395 5728 |
Dear Madam and Sir
Master Asset Consulting Agreement dated 22 September 2005 and the Amendment Letter dated 28 May 2007 (together, the “Agreement”) between Huizhou One Limited (“HOL”) and Chinawe Asset Management (PRC) Limited (“Chinawe”)
We refer to the above-captioned Agreement.
Unless otherwise defined, terms defined in the Agreement shall have the same meanings when used herein.
Pursuant to Clause 6.02 of the Agreement, we hereby give you notice of our intention as Owner to terminate the Agreement. According to Clause 6.02 of the Agreement, the Agreement shall cease to have effect from 26 March 2009.
This notice shall be governed by and construed in accordance with the laws of PRC.
Would you please acknowledge receipt of this notice by signing below.
Yours faithfully,
| | | |
/s/ John A. Redick for and on behalf of | | |
| Huizhou One Limited | | |
We acknowledge receipt of this notice.
| | | |
/s/ Alan Wai for and on behalf of | | |
| Chinawe Asset management (PRC) Limited | | |
