[2] The appellants are guarantors of a loan advanced by the respondent to one Foo Yik Sdn Bhd (the first defendant in the Court below, and now in liquidation) under two overdraft facilities, the first for RM30,000 bearing interest at the rate of 11% per annum from 1 October 1989, and the second for RM1,150,000 bearing interest at the rate of 11.5% per annum from the same date. The interest is at monthly rests. The guarantee in respect of the first loan is dated 7 January 1981 while that in respect of the second is dated 2 August 1984. Both guarantees give the addresses of the appellants as 83, Jalan Sultan Iskandar, Ipoh. The liability of the appellants under both guarantees is predicated upon the making of a demand upon them by the respondent. Clause 8 in both guarantees reads as follows: