[ * * * ] certain information in this document has been excluded pursuant to regulation s - k, item 601 ( b ) ( 10 ). such excluded information is not material and would likely cause competitive harm if publicly disclosed exhibit 10. 20 dated this 10th of march 2022 liu, yu ( passport no. : eb4943819 ) ( “ vendor ” ) and graphjet technology sdn. bhd ( reg no : 1355419 - p ) ( “ purchaser ” ) intellectual property sales agreement this agreement is made on between a. liu, yu ( passport no. eb4943819 ) with address at block a - 23a - 9, le yuan residence, 8 jalan selesaria 3, happy garden, 58200 kuala lumpur ( “ vendor ” ) ; a. liu, yu ( passport no. eb4943819 ) with address at block a - 23a - 9, le yuan residence, 8 jalan selesaria 3, happy garden, 58200 kuala lumpur ( “ vendor ” ) ; a. liu, yu ( passport no. eb4943819 ) with address at block a - 23a - 9, le yuan residence, 8 jalan selesaria 3, happy garden, 58200 kuala lumpur ( “ vendor ” ) ; and ( 1 ) graphjet technology sdn bhd ( reg no. 1355419 - p ) with address at unit no, l4 - e - 8, enterprise 4, technology park malaysia, 57000 bukit jalil, kuala lumpur ( “ purchaser ” ). ( 1 ) graphjet technology sdn bhd ( reg no. 1355419 - p ) with address at unit no, l4 - e - 8, enterprise 4, technology park malaysia, 57000 bukit jalil, kuala lumpur ( “ purchaser ” ). ( 1 ) graphjet technology sdn bhd ( reg no. 1355419 - p ) with address at unit no, l4 - e - 8, enterprise 4, technology park malaysia, 57000 bukit jalil, kuala lumpur ( “ purchaser ” ). ( collectively the “ parties ” and individually each a “ party ” ), background b. graphjet technology sdn bhd [ company no. 201901046089 ( 1355419 - p ) ( “ company ” ) is a private company incorporated in malaysia. b. graphjet technology sdn bhd