Extract to table

This draft is subject to further revision and is not intended to be, and shall not be treated as, a final delivered opinion

Any such disclosure shall not be deemed to confer upon any such potential investor the right to rely on this opinion, except to the extent expressly provided in the Purchase Agreement

3 Registration of Charges Any charge created by TFPL over its property or assets under the Security Documents, including (without limitation) any charge created by the Share Pledge Agreement (TFPL) and any charge created by the Assignment of Intercompany Loan Receivables, must be registered with ACRA in accordance with section 131 of the Companies Act within thirty (30) days from the date of creation of such charge

Governing Law of This Opinion This opinion letter is governed by, and shall be construed in accordance with, the laws of the Republic of Singapore

Any dispute arising out of or in connection with this opinion letter shall be submitted to the exclusive jurisdiction of the courts of the Republic of Singapore