Sell Palmolei Oil

Soft Offer Palm Olein For Human Consumption 7 JULY 2008 We are pleased to offer PALM OLEIN, 3,800mt/month or 7,600mt/month on FOB basis. Product: PALM OLEIN for human consumption Specifications: AS PER PORAM PARAMETERS SPECIFICATION Free Fatty Acid (as Palmitic) 0.1%MAX Moisture + Impurities 0.1%MAX Iodine Value (Wijs) 56MIN M.Pt degrees C (AOCS Cc 3-25) 24 max Country of Origin: Malaysia. Supply capacity per month: 3,800mt/month or 7,600mt/month Duration of contract: Twelve (12) consecutive months from the first shipment. Packing: Bulk in Tanker Vessel (You have to arrange your own small packing in your own country) Incoterms: Ex-tank of Lahad Datu or Pasir Gudang, Malaysia Inspection: Quality and Quantity Determination SGS Independent Surveyor Company shall be appointed at designated loading port, to assess the quality and quantity of the cargo. The Seller will pay the total inspection fee, as per the Surveyor’s invoice. Price: USD1200/mtFOB for Lahad Datu or Pasir Gudang Additional Note: For overseas buyer only, there is no export tax implement but end buyer is advised to arrange his own shipping service. Terms of payment: Standby Letter of Credit (SBLC) for one month supply value + TT or Bank Guarantee (BG) of one month supply value + DLC. Performance Bond: Seller shall post a performance bond equivalent to the sum of 2% of the shipment value. Validity of Offer: 7 days. If this offer has received your full attention and acceptance, then do proceed to issue the Letter of Intent (LOI) to enable us process your request. Transaction Procedure: 1.) Seller issues Soft offer to buyer. 2.) Buyer issues the Letter of Intent (LOI) with full banking co- ordinates with Soft Probe Authorization and Bank Comfort Letter (BCL) to the Seller always with capital proof. _ LOI must be on Buyer’s letterhead. _ LOI must contain full and verifiable contact details of buyer. _ LOI must be of current date and not older than 7 days. _ LOI must contain the target price. _ LOI must contain the mode of payment. _ LOI must include full banking co-ordinates of the buyer. 2.) Seller issues FCO (Full Corporate Offer) to buyer. 3.) Buyer completes, accepts FCO signs and seals returns to seller. 4.) Seller issues DRAFT CONTRACT, open for amendments per e-mail to buyer. 5.) Buyer reviews signs and seals DRAFT CONTRACT and return to seller within 3 days. 6.) Buyer issues Pre-advised L/C to Seller by Swift MT760 within 7 days. 7.) Seller issues non-operative 2% PB to Buyer within 3 days. 8.) POF vs POP take place to make LC and PB operative. 9.) Delivery commence as per contract. Buyer is allowed to present at the loading port at his own cost.