Opening of Account and Operating Mandate

1.	“THAT authority be and his hereby given for the Company to apply for Business Deposits Accounts (the “Account (s)”) with Hong Leong Bank Berhad (“HLB”)/ Hong Leong Islamic Bank Berhad (“HLISB”) at HLB”s/HLISB’s branch in Selayang as required from time to time.”

2.	‘THAT authority be and is hereby given to Authorized Signatories (“Authorized Signatories”) to do the following:-
i.	apply for, accept and sign, all relevant documents drawn or to be drawn up in connection with the Account(s) and to act on any instructions and accept any receipts or other documents relating to the Account (s), transactions or affairs of the Company, if so signed on behalf of the Company;
ii.	pay and honour all cheques, bill of exchange, deposits, receipts, request involving payment or transfer of funds and promissory notes;
iii.	perform fixed deposits placements and/or withdrawals under the Account (s); and
iv.	THAT, whenever necessary, authority be and is hereby given for the use of the Common Seal of the Company to be affixed to all relevant documents drawn or to be drawn up in connection therewith in accordance with the Company’s Articles of Association for and on behalf of the Company.”

3.	“THAT the company and its Directors are aware of and hereby agree to abide by the Term and Conditions for the respective Account(s), HLB’s/HLISB’s General Terms and Conditions of Accounts and such other terms and conditions as HLB/HLISB may stipulate from time to time.

B.	Hong Leong Online Business*

“THAT approval be and is hereby given for the Company to apply for the services and/or facilities described as Hong Leong Online Business (“HLOB”) and such other services as may be added, withdrawn, varied or replace by HLB or its successors in tittle and assigns at any time or from time to time which enables the Company to perform banking services through the internet (“the Services”) upon the terms and conditions of the Services, which are made available via HLB’s website, www.hlb.com.my (“the HLOB terms and Conditions”), the terms and conditions under the Principal Services Agreement and such other terms and conditions as HLB may stipulate from time to time.”

“THAT authority be and is hereby given to the nominated Authorized Signatories of the Company, where the signature(s) are set out under Appendix A below:-

i.	to apply for, accept and sign, all relevant documents drawn or to be drawn up in connection with the Services and THAT, whenever necessary, authority be and is hereby given for the use of the Common Seal of the Company to be affixed to all relevant documents drawn or to be drawn up in connection therewith in accordance with the Company’s Articles of Association for and on behalf of the Company.
ii.	to apply for and link any one or more or all accounts maintained by the Company with HLB both presently and in future under any one or more of the inquires packages pursuant to the Services, and to nominate, add, remove, amend details of such person as the user(s) to operate the Services from time to time.”

“THAT the Company be and hereby acknowledge that the HLOB Terms and Conditions is not required to be executed. If required, and where necessary, that the Common Seal of the Company be authorized to be affixed on the Principal Services Agreement in accordance with the Articles of Association of the Company; for purposes of obtaining the transactional services under the HLOB applied for by the Company and made available by HLB from time to time.”

“THAT the Company authorizes the appointment of an authorized representative of the Company as the system administrators on behalf of the Company to create, maintain and approve the payment authorization workflow, the user profile or assignment of security codes to the user within the HLOB (‘The System Administrator”) identified in the Principal Services Agreement. In the event of the replacement of any of the System Administrator, the Company hereby authorizes the Authorized Signatories to appoint such replacement personnel from time to time and such replacement personnel shall be authorized to act as the System Administrator (for creation of end users of the HLOB) and /or the System Authorizer (for the approval of the creation of end users of the HLOB), as the case may be.”

“THAT the Company acknowledges and agrees that the users will be duly authorized by the System Administrators to act for and on behalf of the Company to access and/or the HLOB including without limitation the acceptance of the terms and conditions or submission of forms, applications or document, whether physically, electronically or otherwise (as the case may be).”

C. 	Hong Leong Cash Management Auto-Sweep Services*

“THAT approval be and is hereby given for the Company to apply for the Hong Leong Cash Management Auto-Sweep Service (“Auto-Sweep Service”) for an automated service to transfer its funds available in the Current Account into a Short Term Placement Account (‘STP Account”) managed by HLB on a daily basis subject to the Auto-Sweep Service Terms and Conditions and such other terms and conditions as HLB may stipulate from time to time”

“THAT the Authorized Signatories may apply for, accept and sign, all relevant documents drawn or to be drawn up in connection with the Auto-Sweep Service and THAT the Auto-Sweep Services is only applicable to the Current Account as indicated in the Auto-Sweep Services Application Form.”

“THAT approval is hereby given to debit the Current Account in accordance to the Auto-Sweep Services Terms and Conditions.”

“THAT approval be and is hereby given for the Company to make overnight placement funds in the STP Account upon such terms and conditions advised by HLB.”

“THAT, whenever necessary, authority be and is hereby given for the use of the Common Seal of the Company to be affixed to all relevant documents drawn or to be drawn up in connection therewith in accordance with the Company’s Articles of Association for and on behalf of the Company.”

These resolutions will remain in force unless and until the Company delivers to HLB a new resolution revoking, amending or superseding these resolution, and HLB has had a reasonable opportunity to update its records.