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DATE : 24 September 2014


TO
Reg
Attn
Cc

: MALAYSIA INSTITUTE OF INTERNATIONAL COORORATION


: 05/ICPO-RD2/GPS-ISB/IX/2014
: HJ ARIFEN KENDUT
:
Ir. HARUN AMBO MASSE

IRREVOCABLE CORPORATE PURCHASE ORDER


We, The Undersigned, CV. GRAHA PERSADA SARANA, hereby confirm with
full legal and corporate responsibility and under penalty and perjury that we
are ready, willing and able to purchase the commodity stated below in the
quantity and for the price as specified in the Terms and Conditions stated
below. This representation is made with full corporate authority and
responsibility of the above stated buyer.

COMMODITY /
PRODUCT
ORIGIN

D2-DIESEL OIL-LO.2/62Gost 305/82

SPECIFICATION

According to specification

TOTAL CONTRACT
QUANTITY
DELIVERY IN

2,400,000 MT

MONTHLY
SINGLE SHIPMENT
QUANTITY
DURATION

500,000MT

RUSSIA

200,000MT
12 MONTH WITH EXTENTION

DESTINATION PORT

FOB/CIF

PRICE

GROSS $750 USD/ MT

PAYMENT

On delivery port, through MT103 /TT

INSPECTION

SGS or similar Inspection Agency

PERFORMANCE BOND 2%

Sincerely,
Jakarta, 24 September 2014
CV. GRAHA PERSADA SARANA

WIRAHADIKUSUMA
Director/CEO

BUYERS INFORMATION

NAME

BUYERS
INFORMATION
WIRAHADIKUSUMA

POSITION

DIRECTOR/CEO

PASSPORT
NUMBER
COMPANY NAME

A 7776889

REGISTRATION
NUMBER
ADDRESS

43 DATE 12 MEI 2011

CV. GRAHA PERSADA SARANA


JL. Singosari, No. 101. Kel. Tungkarang
Pangeran Kec. Simpang Empat, Kab.
Tanah Bumbu, Kalimantan Selatan 62 853 91320569

BUSINESS
TLEPHONE
BUSINESS FAX

62 853 91320569

MOBILE
TELEPHONE
EMAIL

cvgrahapersadasarana@ymail.com

BUYERS BANKING INFORMATION


BANK
INFORMATION
BANK
NAME

ISSUING BANK

BANK ADDRESS

PT. BANK MANDIRI (Persero


Tbk)
Jln. Kh. Moch. Mansyur
No.222 Jakarta 11210

SWIFT CODE

BMRIIDJA

ACCOUNT HOLDER

CV. GRAHA PERSADA SARANA

ACCOUNT NUMBER

1150006425518

BANK OFFICERS
NAME
BANK OFFICERS
TELEPHONE
NUMBER
BANK OFFICERS
EMAIL

Arie Afan Henschel


62 813 8118 1191
61 21 6310068 ( Hunting )

CONFIRMING
BANK

jkt_jembatanlima@bankm
andiri.co.id

STANDARD BANKING PROCEDURE


1. Buyer agree to sellers procedures and issue ICPO with a letter of
acceptance from buyer's bank stating their readiness to issue POF via
MT799 & to follow all terms.
2. Seller issues Draft contract negotiated and electronic format contracts
signed and then Hard
Contracts will be signed and exchanged if requested. Buyer shall sign
contract and return

with a notarized letter of acceptance stating to issue POF, also NOTE:


Signed contract shall
also be notarized by buyers countrys public Notary and Ministry of
Justice in Buyers
country. And Buyer should to Signed and Seal Non-Circumventioan NonDisclosure Working
Agreement (NCND) and Irrevocable Master Fees Protection Agreement
(IMFPA)
3. Upon receipt of draft Contract, Seller shall give 3 working days to buyer to
issue POF (PROOF OF FUNDS) Pre-Advice Bank Guarantee (BG) or MT799,
in an agreed format covering the cost of One month spot shipments
(.) to Sellers Bank in favor of the title owner of the product
(refinerys) subsidiary company ., who is the title owner of
the product (Russian D2 ) This will give the seller comfort before seller
borne charges for notarized and endorsed contract by various ministries in
charge (POF) confirming the Buyers Financial ability to perform as
refinerys
act
as
sellers
on
behalf
of
the
title
owner
().Due to the fact that refinerys that refines product
in Russia federation do not export
4. Seller issues a non-operative 2% Performance Bond in favor of Buyer and
partial POP to buyers bank.Partial POP to include the following:
a. Mutual Agreement Document.
b. Letter of Affirmation from the Ministry of Justice.
c. Corporate Guarantee/Addendum.
d. Attestation of Allocation from the Ministry of Energy.
e. Certificate of Origin issued and endorsed by Government.
5. Buyer within 3 banking days issues irrevocable, non-transferable,
indivisible SBLC, DLC,100%
Cash backed payment to activate Sellers 2% PB for the 1st month
shipment.
6. Within 3 banking days upon receipt of all shipping documents for the first
shipment and before arrival at discharge port, Buyer will issue another
DLC for the second shipment and so on for every month shipment,
circulating issue DLC to cover the full contract period
7. 100% payment within 3 days upon the issue of a CIQ/SGS certificate at
discharge port, via TT If The CIQ certificate is not issued within 3 Banking
Days from arrival of the vessel.The seller has the right to draw down from
the Banks L/C against the SGS report at loading.
8. Sellers Bank Swift to Buyers Bank the Full POP upon Receipt of Buyers
Letter of Credit and
Dip Test & SGS Report at Loading.
9. Lifting commence as schedule in contract

PAYMENT
TERMS
Payment

Term

Acceptable:

Irrevocable/Revocable

/Non

Transferable

Documentary Letter Of
Credit, MT103/ and Stand by Letter Of Credit
(SBLC)./TT.
Origin of Product: Russia Federation. Delivery Period
20/35 Days.

PROOF OF PRODUCTS

Proof of Product: Seller issue via swift below Full POP Documents to End Buyer
after Signed Hard
Copies Contract and POF :
1. Copy license to export, issued by the department of the ministry of energy.
2. Copy of approval to export, issued by department of the ministry of justice.
3. Copy of availability of product
4. Copy of the refinery commitment to produce the product.
5. Copy of Transnet contract to transport the product to port of loading.
6. Copy of the port storage agreement.
7.
Copy of charter party agreements to transport the product to discharge
Port.
8. Bill Of Lading
9. Copy of tank receipt.
10. Registered contract and allocation passport certificate issued by ministry of
energy.
Note:
The original hardcopies of the POP documents including the SGS Certificate or
CIQ Clearance Certificate will be handed over to the buyer's representative by
the vessel Captain at the discharge port.
Point to note:
In Russia Federation all refining refineries do not have the legal permit to
export directly unless a transaction between Russia government to another
countrys government, which the deal is normally signed between both
governments. All refining refineries export product through trust worthy selling
refinery or their subsidiaries all over the world, hence we Angarsk Approved
date & sign:

Sincerely,
Jakarta, 24 September 2014

CV. GRAHA PERSADA SARANA

WIRAHADIKUSUMA
Director/CEO

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