EX-10.9
from SB-2
1 page
Memorandum of Understanding Extension Whereas Hong Yuan Enterprise Limited , Located At: 8/21 Yen Arkard Road, Tung-Mahamek,, Yannawa, Bangkok 10120 Thailand (And) Asia Properties, Inc. Located At: 114 W. Magnolia St, #400-115, Bellingham, Wa 98225 USA Signed a Memorandum of Understanding on February 18, 2003. by Mutual Agreement Both Parties Agree to Extend the Term of This Memorandum of Understanding to July 1, 2003 or Until They Enter Into a Sales & Purchase Agreement. Date: May 20, 2003 Signed by Daniel S. McKinney for and on Behalf of Asia Properties, Inc. Signed by for and on Behalf of Hong Yuan Enterprise Limited
12/34/56