22/05/09
Received 3 sets of Letter from Nusajaya - 1 original letter via courier & 2 copies by normal mail.

1. Original Letter for payment of another 10% (s2) due date by 19/06/09. This payment will make up the total of 20% mandatory upfront cash. The first 10% (s1) paid earlier on 12/04/09. Amount due RM$35,005. Attached DC Akitek interim cert of completion stating foundation and footing works completed.

2. 2nd letter duplicate of the above.

3. 3rd letter cc to us, developer letter to Standard Chart Bank to release the balance of amount due from the 80% loan. Progressive payment on stages of construction:

(s3) Reinforced concrete framework
(s4) Walls with door and window frames
(s5) Roofing, electrical wiring, plumbing (without fittings)
(s6) The internal and external plastering of the said Building
Total:RM$157,522-50

will expect the bank will start biling us the monthly installment based on the above amount released.