Doa - SBLC - Sakura
Doa - SBLC - Sakura
PROVIDER’S CODE:
RECEIVER’S CODE:
DEED OF AGREEMENT
DATE OF AGREEMENT:
COMPANY NAME
COMPANY ADDRESS
REPRESENTED BY
TITLE
NATIONALITY
PASSPORT NO.
HEREIN NAMED NEW ISSUE SBLC PROVIDER AS THE "PARTY A ", HEREBY CONFIRM, WITH FULL LEGAL
RESPONSIBILITY, UNDER PENALTY OF PERJURY OF LAW THAT WE ARE READY, WILLING AND ABLE TO DELIVER
THE FOLLOWING BANK INSTRUMENT, UNDER THE TERMS AND CONDITIONS DESCRIBED BELOW, BASED ON
GOOD, CLEAN, CLEAR UNENCUMBERED FUNDS OF NON-CRIMINAL ORIGIN.
AND
THE RECEIVER
COMPANY ADDRESS 105 Cecil Street #22-00 The Octagon, Singapore 069534
PROVIDER’s initials:
PROVIDER’S CODE:
RECEIVER’S CODE:
TITLE DIRECTOR
NATIONALITY MALAYSIAN
HEREIN NAMED NEW ISSUE SBLC RECEIVER AS THE "PARTY B", HEREBY CONFIRM, WITH FULL LEGAL
RESPONSIBILITY, UNDER PENALTY OF PERJURY OF LAW, THAT WE ARE READY, WILLING AND ABLE TO RECEIVE
AGAINST THE FOLLOWING BANK INSTRUMENT, UNDER THE TERMS AND CONDITIONS DESCRIBED BELOW
WITH GOOD, CLEAN, CLEAR, UNENCUMBERED FUNDS OF NON-CRIMINAL ORIGIN.
DESCRIPTION OF INSTRUMENTS
6 ISSUING BANK
8 FUNDING RATE
9 COMMISSION FEES
TRANSACTION PROCEDURES
PROVIDER’s initials:
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1 PARTY B SUBMITS TO PARTY A THIS SIGNED AGREEMENT AND AFTER COMPLETING DUE
DILIGENCE, PARTY A COUNTERSIGNS THIS AGREEMENT, WITH FULL BANKING CO-ORDINATES
AND THIS AGREEMENT THUS BECOMES A FULL RECOURSE COMMERCIAL CONTRACT. BOTH
PARTIES SHALL LODGE THIS AGREEMENT WITH THEIR RESPECTIVE BANKS. PARTY A HAS FULL
RIGHTS TO AUTHORIZE ANY THIRD PARTY AS SELLER TO ESTABLISH SBLC(s) FROM HSBC
BANK, LONDON AND OR FROM OTHER TOP 25 PRIME BANK IN WESTERN EUROPEAN
COUNTRIES, AS PER TERMS CONDITIONS AND REGULATION OF ICC 600.
2. WITHIN THREE (3) INTERNATIONAL BANKING DAYS, AFTER BOTH BANK OFFICERS'S.
CONFIRMATION OF THE VERBIAGE OF MT760, THE SELLER’S SBLC ISSUING BANK SHALL SEND
THE STANDBY LETTER OF CREDIT VIA BRUSSELS REGULAR BANK TO BANK SWIFT MT-760 TO
THE BUYER’S BANK ( EXHIBIT C ) AND A COURTESY COPY OF THE SWIFT SHALL BE SENT BY THE
PROVIDER TO THE BUYER’S EMAIL FOR TRACKING . THE BUYER’S BANK VERIFIES AND
AUTHENTICATE THE SBLC SENT VIA SWIFT MT-760.
3. WITHIN FIVE (5) INTERNATIONAL BANKING DAYS, AFTER AUTHENTICATION OF THE SBLC
SENT VIA SWIFT MT-760, THE BUYER SENDS PAYMENT TO THE SELLER AND THE PROVIDER
. VIA SWIFT MT-103( T.T.) AND CONCURRENTLY PAYS CONSULTANTS COMMISSION FEES OF
TWO PERCENT(2%) OF EACH TRANCHE FACE VALUE. BUYER SHALL EMAIL COURTESY COPIES
OF THE COMMISSION PAYMENTS TO THE PROVIDER FOR TRACKING PLUS TO SEND TO EACH
RESPECTIVE CONSULTANTS/BENEFICIARIES AND THEIR PAYMASTERS.
UPON RECEIVING PAYMENT FROM PARTY B, THE PARTY A PAYS ALL ADMINISTRATION FEE
TO ADMINISTRATORS SPECIFIED BY SUPPLIMENTARY IRREVOCABLE INVESTMENT
DISTRIBUTION PAYMENT AGREEMENT (IMFPA).
SPECIAL CONDITIONS:
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THIS TRANSACTION CONSTITUTES A PRIVATE PLACEMENT FOR BANK INSTRUMENTS BETWEEN THE PARTIES
AND SHALL NOT BE CONSTRUED AS A SECURITY TRANSACTION DESCRIBED IN THE UNITED STATES SECURITIES
ACT OF 1933 AS AMENDED OR UNDER THE LAWS OF ANY OTHER NATION.
FACSIMILE, E-FAX OR E-MAIL TRANSMISSION AND COPIES OF THIS DOCUMENT, WHEN FULLY EXECUTED ARE
TO BE CONSIDERED ORIGINAL AND BINDING DOCUMENTS.
UPON EXECUTION BY BOTH PARTIES, THIS DOA BECOMES A LEGAL AND BINDING CONTRACT BETWEEN THE
PARTIES. EACH PARTY HOLDS ONE OF THE DOA SIGNED IN ORIGINAL AND MAY BE EXCHANGED TO COMPLETE
SIGNATURES IN WET INK AS HARD COPY CONTRACT WHEN REQUIRED.
BOTH PROVIDER AND RECEIVER JOINTLY AND SEVERALLY COVENANT AND UNDERTAKE TO ENSURE THAT
THEIR RESPECTIVE OBLIGATIONS UNDER THIS CONTRACT ARE MET. FAILURE TO PERFORM THEIR OBLIGATION
UNDER THIS CONTRACT WILL SUBJECT TO DAMAGES IN THE AMOUNT OF ONE PERCENT (1%) OF FACE VALUE
OF THE BG TO THE INJURED PARTY WITHOUT RECOURSE.
ARBITRATION:
ALL DISPUTES AND QUESTIONS WHATSOEVER WHICH ARISES BETWEEN THE PARTIES TO THIS AGREEMENT
AND TOUCHING ON THIS AGREEMENT ON THE CONSTRUCTION OR APPLICATION THEREOF OR ANY ACCOUNT
COST, LIABILITY TO BE MADE HEREUNDER OR AS TO ANY ACT OR WAY RELATING TO THIS AGREEMENT SHALL
BE SETTLED BY THE ARBITRATION IN ACCORDANCE WITH THE ARBITRATION LAWS OF THE ICC.
THIS AGREEMENT CONTAINS THE ENTIRE AGREEMENT AND UNDERSTANDING CONCERNING THE SUBJECT
MATTER HEREOF AND SUPERSEDES AND REPLACES ALL PRIOR NEGOTIATIONS AND PROPOSED AGREEMENTS,
WRITTEN OR ORAL.
NEITHER OF THE PARTIES MAY ALTER, AMEND, NOR MODIFY THIS AGREEMENT, EXCEPT BY AN INSTRUMENT
IN WRITING SIGNED BY BOTH PARTIES. THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF UNITED KINGDOM. IN THE EVENT THAT EITHER PARTY SHALL BE REQUIRED
TO BRING ANY LEGAL ACTIONS AGAINST THE OTHER IT ENFORCE ANY OF THE TERMS OF THIS AGREEMENT
THE PREVAILING PARTY SHALL BE ENTITLED TO RECOVER REASONABLY ATTORNEY FEES AND COSTS.
AFTER CONFIRMING, BY SIGNATURE AND SEAL, THIS DOCUMENT WILL BE EFFECTIVE EQUAL AS AN
AGREEMENT/ CONTRACT. EACH PARTY HOLDS ONE OF THE EFFECTIVE AGREEMENT/CONTRACTS BY THEIR
EXECUTION BELOW, THE PARTIES HERETO AGREE TO THE GENERAL TERMS AND ALL CONDITIONS HEREIN
AND WARRANT ONTO THE OTHER THE ENTIRE AGREEMENT BETWEEN PARTIES.
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IN WITNESS WHERE OF THE PARTIES EXECUTED THIS AGREEMENT AS OF THE DATE ABOVE WRITTEN.
CONFIRMED AND SIGNED ON 23 January 25, FOR AND BEHALF OF BUYER (RECEIVER):
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NAME:
TITLE:
PASSPORT NUMBER:
NATIONALITY:
ISSUING DATE:
EXPIRY DATE:
BANKING INFORMATION:
THE PROVIDER AND RECEIVER AGREE TO THE FOLLOWING BANKING CO-ORDINATES PERTAINING TO THE
AGREEMENT HEREIN ABOVE STATED:
PROVIDER’s initials:
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RECEIVER’S CODE:
RECEIVER’S BANK COORDINATES: TO RECEIVE MT760 SBLC/TO ISSUE MT 199 RWA AND MT 799 BPU,
PAYMENT VIA SWIFT MT103:
Transaction Code
1) PROVIDER’S BANK COORDINATES: RECEIVING MT799 BPU AND RECEIVING 50% OF THE MT103
PAYMENT
BANK NAME
PROVIDER’s initials:
PROVIDER’S CODE:
RECEIVER’S CODE:
BANK ADDRESS
SWIFT CODE
ACCOUNT NUMBER
ACCOUNT NAME
BANK NAME
BANK ADDRESS
SWIFT CODE
ACCOUNT NUMBER
BANK CODE
BRANCH CODE
ACCOUNT NAME
PROVIDER’S BANK COORDINATES: TO ISSUE MT 799 PA AND MT 760 SBLC AND HARD COPY ISSUING
SBLC COMPANY:
BANK NAME
BANK ADDRESS
SWIFT CODE
PROVIDER’s initials:
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RECEIVER’S CODE:
ACCOUNT NUMBER
ACCOUNT NAME
BANK OFFICER
BANK TELEPHONE
BANK E-MAIL
IMPROPER RELEASE OF THE ABOVE BANKING INFORMATION, FOR ANY REASON, WITHOUT THE WRITTEN
PRIOR AUTHORIZATION OF OTHER PARTY, SHALL BE CONSIDERED AS A BREACH OF CONTRACT AND WILL
MAKE A DEFAULTED PARTY TO BE ACTIONABLE FOR DAMAGES SUSTAINED. EACH PARTY IS NOT ALLOWED
TO CONTACT THE OTHER PARTY'S BANK WITHOUT EXPRESSED WRITTEN PERMISSION. ANY SELLER
TEMPTING TO DO SO WILL LEAD TO THE CANCELLATION OF THIS TRANSACTION /AGREEMENT.
APPENDIX A
BANK NAME:
BANK ADDRESS:
SWIFT CODE:
BANK OFFICER:
AMOUNT:
ACCOUNT NAME:
ACCOUNT NUMBER:
RECEIVER:
BANK NAME:
BANK ADDRESS:
SWIFT CODE:
BANK OFFICER:
PROVIDER’s initials:
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RECEIVER’S CODE:
AMOUNT:
ACCOUNT NAME:
ACCOUNT NUMBER:
IN FAVOR OF:
THESE PRE-ADVISE IS VALID FOR TEN (10) INTERNATIONAL BANKING DAYS ONLY AS
AN OPERATIVE INSTRUMENT, NO MAIL CONFIRMATION WILL FOLLOW. ALL CHARGES ARE
FOR THE ACCOUNT OF APPLICANT.
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APPENDIX B
DRAFT TEXT OF SBLC VIA MT799 BPU
FROM
1. TO RECEIVE, VIA SWIFT MT760 INTO OUR CLIENTS ACCOUNT, r WITH ACCOUNT
NUMBER: CASH-BACKED, ASSIGNABLE, TRANSFERABLE,
DIVISIBLE IRREVOCABLE AND UNCONDITIONAL STANDBY LETTER OF CREDIT.
WE, HEREBY CONFIRM THAT THE FUNDS ARE GOOD, CLEAN AND CLEARED FUNDS
DERIVED FROM A LEGAL SOURCE.
THESE INSTRUCTIONS ARE VALID TILL 00/00/2023. (15 days max) For and on
behalf of xxxxxxxxxxxxxx
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APPENDIX C
SENDER:
SWIFT:
BANK NAME:
ADDRESS:
RECEIVER
SWIFT:
BANK NAME:
BANK ADDRESS:
ACCOUNT HOLDER:
ACCOUNT NUMBER:
BANK OFFICER:
PIN CODE:
CURRENCY: EUR (€)
AMOUNT: (xxxxx) HUNDRED MILLION (EUR xxx,000,000.00) SBLC
CERTIFICATE NO:
ISSUE DATE:
EXPIRY DATE:
TRANSACTION REF:
THIS STANDBY LETTER OF CREDIT IS PAYABLE AGAINST YOUR SIGHT DRAFT DRAWN AND FIRST DEMAND
MADE BY SWIFT ON US FOR THIS AMOUNT UP TO FIVE HUNDRED MILLION EURO
ONLY (EURO 10,000,000.00) AND MARKED WITH THE CLAUSE “DRAWN UNDER XXXXXXXXXX
IRREVOCABLE STANDY LETTER OF CREDIT NO: DATED XXTH 2023 SIGNED BY THE BENEFICIARY
ACCOUNT NUMBER . THIS CERTIFICATE SHALL BE FINAL
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AND CONCLUSIVE.
PROVIDER’s initials:
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RECEIVER’S CODE:
THIS STANDBY LETTER OF CREDIT IS EFFECTIVE FROM XXTH 2023 AND EXPIRES IN XXTH
2024
AND ALL DRAWINGS UNDER THIS STANDBY LETTER OF CREDIT MUST BE PRESENTED TO US BEFORE
THE EXPIRY DATE. WE HEREBY AGREE THAT ALL DRAFTS DRAWN ON US AND PRESENTED VIA
SWIFT IN CONFORMITY WITH THE TERMS OF THIS STANDBY LETTER OF CREDIT SHALL BE DULY
HONOURED BY US AND WE SHALL REMIT THE PAYMENT IMMEDIATELY UPON REQUEST.
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IN ACCEPTING THIS STANDBY LETTER OF CREDIT, YOU HEREBY IRREVOCABLY AGREE TO SUBMIT TO
THE NON- EXCLUSIVE JURISDICTION OF THE COURT OF THE SINGAPORE LAW.
THIS IS AN OPERATIVE INSTRUMENT. HARD COPY WILL FOLLOW.
FOR AND ON BEHALF OF XXXXXXXXXXXXXXXXXXXXXXXX BANK XXXX,
-BANK ADDRESS-
AUTHORIZED OFFICER (1) : ( )
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INCORPORATED IN : SINGAPORE
REGISTRATION ADDRESS : 105 Cecil Street #22-00 The Octagon, Singapore 069534
POST ADDRESS : 105 Cecil Street #22-00 The Octagon, Singapore 069534
TITLE : DIRECTOR
NATIONALITY : MALAYSIAN
BANKING INFORMATION:
BANK NAME : DBS Bank Ltd
PROVIDER’s initials:
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RECEIVER’S CODE:
I, MR. CHIN KUET LEE, HEREBY SWEAR UNDER PENALTY OF PERJURY, THAT THE INFORMATION PROVIDED
HEREIN IS ACCURATE AND TRUE AS OF THIS DATE: 23 January 25
____________________________________
NAME : MR. CHIN KUET LEE PASSPORT NUMBER :
A55032571
NATIONALITY : MALAYSIAN
ISSUING DATE : 8 NOVEMBER 2021
EXPIRY DATE : 8 NOVEMBER 2026
PROVIDER’s initials:
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ALL PARTIES DO HEREIN AGREE THAT THE NON-CIRCUMVENTION AND NON-DISCLOSURE RULES (NCND) OF ALL ISSUES FROM
THE ICC 458 APPLY TO THIS TRANSACTION FOR A PERIOD OF ONE (1) YEARS FROM DATE OF EXECUTION OF THIS AGREEMENT
BY THE UNDERSIGNED, HIS OR HER ASSIGNS, AGENTS AND/OR HEIRS.
THIS NCND ALSO APPLIES TO ANY AND ALL OTHER TRANSACTIONS DIRECT OR INDIRECT INITIATED BY THESE INTERMEDIARIES.
THE UNDERSIGNED AGREES THAT THIS FEE PROTECTION IS ASSIGNABLE AND TRANSFERABLE TO THE BENEFICIARIES, DESIGNS,
HEIRS & ASSIGNS UPON WRITTEN NOTICE OF ALL PARTIES AND SHALL NOT BE AMENDED WITHOUT THE EXPRESS WRITTEN
CONSENT OF THE PARTIES. IF NO CONTRACT IS CONSUMMATED, THIS FEE PROTECTION AGREEMENT IS NULL AND VOID IN ITS
ENTIRETY.
ALL DISCLOSED BANKING INFORMATION SHALL BE STRICTLY CONFIDENTIAL. NO COMMUNICATION BETWEEN BANKING
OFFICERS. OTHER THAN TRANSMISSION BY SWIFT WIRE TRANSFER AND ANY OTHER TRANSMISSION SPECIFICALLY
AUTHORIZED BY THE BENEFICIARIES, IS PERMITTED. ALL COMMUNICATIONS SHALL CLEARLY REFERENCE THE TRANSACTION
CODE, THE SELLER'S CODE AND THE BUYER'S CODE REFERRED TO HEREIN.
SHOULD A CONTRACT BE SIGNED BETWEEN THE SELLER AND THE BUYER, A BANK ENDORSED CORPORATE PAY ORDER WILL BE
ISSUED TO THE PAYMASTER OF EACH GROUP, FOLLOWED BY A SWIFT WIRE TRANSFER TO THE PAYMASTER'S ACCOUNT, WHEN
PAYMENT FOR THE BANK INSTRUMENT IS COMPLETED.
AN EXECUTED FACSIMILE OR EMAIL COPY SHALL BE DEEMED TO BE AS AN ORIGINAL.
IN WITNESS WHERE OF THE PARTIES EXECUTED THIS AGREEMENT AS OF THE DATE ABOVE WRITTEN. CONFIRMED
AND SIGNED ON 23 January 25 . FOR AND BEHALF OF RECEIVER:
________________________________________________
NAME : MR. CHIN KUET LEE
PASSPORT NUMBER : A55032571
NATIONALITY : MALAYSIAN
ISSUING DATE : 8 NOVEMBER 2021
EXPIRY DATE : 8 NOVEMBER 2026
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RECEIVER’S CODE:
NAME:
TITLE:
PASSPORT NUMBER:
NATIONALITY:
ISSUING DATE:
EXPIRY DATE:
The BENEFICIARY and the PRINCIPAL do hereby agree and mutually acknowledge to each other as follows:
1. PARTIES ARE NOT ALLOWED TO CONTACT THE OTHER PARTY'S BANK WITHOUT EXPRESS WRITTEN
PERMISSION. ANY PARTY ATTEMPTING TO DO SO WILL LEAD TO CANCELLATION OF THIS AGREEMENT AND
INVOKE THE PENALTIES DESCRIBED IN PARAGRAPH 16 BELOW. FOR GREATER CLARITY, ANY TELEPHONE CALLS,
FACSIMILE, OR OTHER PROHIBITED FORMS OF COMMUNICATION SHALL CAUSE THE IMMEDIATE
CANCELLATION OF THIS TRANSACTION AND INCUR A LIABILITY FOR DAMAGES ON THE PART OF THE
BREACHING PARTY.
2. AS MENTIONED IN THE PROCEDURES ABOVE, SHOULD THE BENEFICIARY DEFAULT TO PAY THE PURCHASE
PRICE TO THE PRINCIPAL AS AGREED UPON CONFIRMATION OF SBLC/SBLC MT760 IN THE BENEFICIARY'S BANK
ACCOUNT, PRINCIPAL WILL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE SBLC, THEREBY OBLIGING
THE BENEFICIARY'S BANK TO RETURN THE SBLC/SBLC MT760 TO THE ISSUING BANK.
3. PARTY WHO FAILED TO PERFORM THIS CONTRACT, AS WELL AS TO FOLLOW THE EXACT TIME-SCHEDULES
AGREED HEREIN, SHALL BE LIABLE FOR PAYMENT OF TWO PERCENT (2.0%) PENALTY FEE OF THE AMOUNT OF
TRANCHE IN DEFAULT OR FACE VALUE OF UNPERFORMED CONTRACT (IN CASE THE CONTRACT IS CANCELLED
COMPLETELY), AS IS THE CASE, AND THE NON-PERFORMING PARTY'S PERSONAL DETAILS (INCL. COPY OF THE
PASSPORT AND OTHER CORPORATE INFORMATION) WILL BE SUBMITTED TO THE INTERPOL AND OTHER
INTERGOVERNMENTAL ORGANIZATIONS FOR INVESTIGATION AND INTERROGATION.
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4. EACH PARTY WARRANTS AND REPRESENTS THAT IT HAS FULL POWER AND AUTHORITY TO ENTER INTO THIS
AGREEMENT AND TO PERFORM THE TRANSACTION AS PER THE TERMS STATED HEREIN.
5. THE PARTIES AGREE THAT THE NON-CIRCUMVENTION / NON-DISCLOSURE RULES OF ALL ISSUES FROM THE
(INTERNATIONAL CHAMBER OF COMMERCE) ICC UP TO AND INCLUDING THE LATEST EDITION APPLY AND
SHALL REMAIN EFFECTIVE FOR A PERIOD OF FIVE YEARS FROM THE DATE OF EXECUTION OF THIS AGREEMENT.
ALL INFORMATION CONTAINED HEREIN INCLUDING BANKING INFORMATION AND CODES ARE PRIVILEGED
INFORMATION AND REPRESENT THE SOLE PROPERTY OF THE PARTY FROM WHICH THEY ORIGINATE.
6. THE TERMS OF THIS AGREEMENT ARE BINDING UPON THE PARTIES WHOSE SIGNATURES APPEAR HEREIN. THE
PARTIES TO THIS AGREEMENT AND THEIR RESPECTIVE EMPLOYEES, AGENTS, ASSOCIATES/AFFILIATES,
TRANSFEREES, ASSIGNEES, OR DESIGNEES AGREE TO BE BOUND BY THE NON-CIRCUMVENTION / NON-
DISCLOSURE AND FORCE MAJEURE PROVISIONS OF THE ICC AS MENTIONED IN PARAGRAPH 5 ABOVE.
7. THIS AGREEMENT IS SUBJECT TO THE DOMESTIC LAWS OF ANY COUNTRY PROPERLY HAVING JURISDICTION
OVER THE SUBJECT MATTER OF THIS AGREEMENT. THE PARTIES AGREE THAT THEY WILL STRIVE TO RESOLVE
ALL DISPUTES AMICABLY. ALL DISPUTES ARISING OUT OF OR IN CONNECTION WITH THE PRESENT AGREEMENT
THAT CANNOT BE RESOLVED AMICABLY SHALL BE FINALLY SETTLED UNDER THE RULES OF ARBITRATION OF
THE INTERNATIONAL CHAMBER OF COMMERCE IN PARIS, FRANCE, BY ONE OR MORE ARBITRATORS
APPOINTED IN ACCORDANCE WITH THE SAID RULES. THE LANGUAGE OF ARBITRATION SHALL BE ENGLISH,
AND THE GOVERNING LAW SHALL BE THE LAW OF THE UNITED KINGDOM (ENGLAND). THE ARBITRATION
AWARD SHALL BE CONSIDERED AS FINAL AND SHALL BE BINDING UPON BOTH PARTIES. THE ARBITRATION FEE
SHALL BE PAID BY THE LOSING PARTY.
8. NEITHER PARTY MAY ASSIGN, TRANSFER, OR DELEGATE ITS INTEREST OR DUTIES WITHOUT PRIOR WRITTEN
CONSENT OF THE OTHER PARTY. NO MODIFICATION, AMENDMENT OR SUPPLEMENT OF THIS AGREEMENT
SHALL BE BINDING UNLESS IT IS IN WRITING AND SIGNED BY BOTH THE BENEFICIARY AND THE PRINCIPAL
9. IF ANY PROVISION OF THIS AGREEMENT SHALL BE OR BECOME PROHIBITED OR INVALID UNDER ANY
APPLICABLE LAW, RULE, OR REGULATION, THEN SUCH PROVISION SHALL BE DEEMED INEFFECTIVE TO THE
EXTENT OF SUCH PROHIBITION OR INVALIDITY ONLY, WITHOUT THEREBY INVALIDATING ANY OF THE
REMAINING TERMS OR PROVISIONS OF THIS AGREEMENT.
10. NEITHER PARTY HERETO IS MAKING ANY REPRESENTATION REGARDING THE TAX CONSEQUENCES, IF ANY, OF
THE TRANSACTIONS ENVISAGED HEREIN. IT IS UNDERSTOOD THAT THE BENEFICIARY AND THE PRINCIPAL
INDIVIDUALLY ACCEPT RESPONSIBILITY AND LIABILITY FOR ANY/ALL TAXES, IMPOSTS, LEVIES, DUTIES, OR
CHARGES THAT MAY BE APPLICABLE IN THE EXECUTION OF THEIR RESPECTIVE ROLES AND THE DISCHARGE OF
THIS AGREEMENT.
11. THE BENEFICIARY AND THE PRINCIPAL SHALL BE RESPONSIBLE ONLY FOR THOSE COMMISSIONS/FEES THAT
THEY HAVE RESPECTIVELY AGREED, IN WRITING, TO PAY.
12. EACH PARTY SHALL INDEMNIFY AND HOLD HARMLESS THE OTHER PARTY AGAINST ANY AND ALL CLAIMS,
DEMANDS, DAMAGES OR EXPENSES OF ANY NATURE ARISING OUT OF THE EXECUTION OR IMPLEMENTATION
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OF THIS AGREEMENT FOR A PERIOD BEGINNING WITH THE EXECUTION OF THIS AGREEMENT AND ENDING
THREE (3) YEARS AFTER THE DATE OF THE COMPLETION OF ALL ACTS CONTEMPLATED IN THIS AGREEMENT.
13. THE PARTIES HEREBY AGREE THAT THE PARTIES HAVE ENTERED INTO THIS PRIVATE TRANSACTION AT THEIR
SOLE DISCRETION, AND NO ONE PARTY HAS SOLICITED THE OTHER PARTY IN ANY WAY NEITHER IT CAN BE
CONSIDERED AS THE SOLICITATION OF FUNDS. THIS TRANSACTION IS STRICTLY OF A PRIVATE NATURE
BETWEEN THE PRIVATE PARTIES WHICH IS BEING DEFINED BY THIS PRIVATE AGREEMENT. THIS TRANSACTION
DOES NOT AND SHALL NOT BE INTERPRETED AS THE SALE OF SECURITIES AS DEFINED BY THE SECURITIES ACT
OF 1935/34 OF THE UNITED STATES OF AMERICA AS AMENDED AND/OR ANY OTHER LAWS OF ANY OTHER
NATION RELATED TO THE SECURITIES TRANSACTION. THIS TRANSACTION/AGREEMENT IS EXEMPTED FROM
THE SECURITIES ACT
AND WOULD NOT BE REQUIRED TO BE REGISTERED WITH ANY AUTHORITY OR WITH ANY GOVERNMENT BODY
DEPARTMENT.
14. THIS AGREEMENT EMBODIES THE ENTIRE UNDERSTANDING OF THE PARTIES HERETO. THERE IS NO OTHER
AGREEMENT, UNDERSTANDINGS, REPRESENTATIONS OR WARRANTIES, WHETHER WRITTEN OR ORAL, IN
EFFECT BETWEEN THE PARTIES. THE PARTIES ACKNOWLEDGE THAT THIS AGREEMENT IS THE SOLE GOVERNING
DOCUMENT BETWEEN THE PARTIES. THE PARTIES AGREE THAT THIS AGREEMENT SUPERSEDES ANY AND ALL
PRIOR CORRESPONDENCE, AGREEMENTS OR DRAFTS, WHICH SHALL BE NULL AND VOID AND OF NO FURTHER
FORCE AND EFFECT.
15. ALL TERMS, CONDITIONS AND CLOSING PROCEDURES OF THIS AGREEMENT SHALL BE BINDING UPON AND
INURE TO THE BENEFIT OF THE PARTIES HERETO AND THEIR RESPECTIVE HEIRS, LEGAL REPRESENTATIVE,
SUCCESSOR, AND ASSIGNS.
16. THESE DOCUMENTS MAY BE SIGNED IN COUNTERPARTS, WHICH WHEN TAKEN TOGETHER SHALL CONSTITUTE
AN ORIGINAL. THIS DOCUMENT MAY ALSO BE TRANSMITTED BY FACSIMILE OR E-MAIL AND SHALL BE
DEEMED AS ORIGINAL FOR THE PURPOSES OF ENFORCEABILITY. THE PARTIES DECLARE THAT THEY HAVE READ
THIS ENTIRE AGREEMENT AND HAVE CLEARLY UNDERSTOOD THE SAME TO ITS FULLEST.
17. BY SIGNING THIS LOI / DOA, BOTH PARTIES AGREE UNDER THE LAWS AND TRADING GUIDELINES SET FORTH BY
THE ICC THAT THEY ARE READY, WILLING AND ABLE TO COMPLETE THIS TRANSACTION UNDER THE TERMS AND
CONDITIONS STATED WITHIN THIS LETTER OF INTENT.
18. EDT (ELECTRONIC DOCUMENT TRANSMISSIONS) SHALL BE DEEMED VALID AND ENFORCEABLE IN RESPECT OF
ANY PROVISIONS OF THIS CONTRACT. AS APPLICABLE, THIS AGREEMENT SHALL BE:
1. INCORPORATE U.S. PUBLIC LAW 106-229,” ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL
COMMERCE ACT" OR SUCH OTHER APPLICABLE LAW CONFORMING TO THE UNCITRAL MODEL LAW ON
ELECTRONIC SIGNATURES (2001) AND.
2. ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, GENEVA, MAY 2000) ADOPTED BY THE UNITED
NATIONS CENTRE FOR TRADE FACILITATION AND ELECTRONIC BUSINESS (UN/CEFACT);
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4. EITHER PARTY MAY REQUEST A HARD COPY OF ANY DOCUMENT THAT HAS BEEN PREVIOUSLY
TRANSMITTED BY ELECTRONIC MEANS PROVIDED. HOWEVER, ANY SUCH REQUEST SHALL NOT DELAY THE
PARTIES FROM PERFORMING THEIR RESPECTIVE OBLIGATIONS AND DUTIES UNDER EDT INSTRUMENTS.
19. THE BENEFICIARY HEREBY ACKNOWLEDGES AND CONFIRM THAT NEITHER THE COLLATERAL PRINCIPAL NOR
THEIR ASSOCIATES, NOR ANY PERSON ON THEIR BEHALF, SOLICITED HIM/HER IN ANY WAY WHATSOEVER THAT
CAN BE CONSTRUED TO BE A SOLICITATION HEREIN. BOTH PARTIES HEREBY CONFIRM WITH FULL AUTHORITY
THAT THE ABOVE TERMS ARE AGREED AND ACCEPTABLE.
Dated on this 23 January 25 for and on behalf of INTERNATIONAL SAKURA FOUNDATION PTE LTD
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_________________________________
REPRESENTED BY : Mr. CHIN KUET LEE
PASSPORT NO : A55032571
EXPIRE DATE : 8 NOVEMBER 2026
COUNTRY OF ISSUANCE: MALAYSIA
Date: 23 January 25
I, Mr. CHIN KUET LEE, as Signatory, do hereby confirm that I have requested of you and your organization-specific
confidential information and documentation on behalf of myself regarding currently available Project funding to
serve only my interest, education, and not for further distribution.
I hereby agree that all information received from you is in direct response to my request and is not in any way
considered or intended to be a solicitation of any sort or any type of offering, and for my general knowledge only. I
hereby affirm under penalty of perjury that I have requested this information from you and your organization of
my choice and free will and further and that you have not solicited me in any way.
I hereby represent that I am not an informant, nor am I associated with any government agency of the United
States of America, or any other country, such as the Secret Service, Internal Revenue Service, Federal Bureau of
Investigation, Central Intelligence Agency, Securities and Exchange Commission, Banking Commission, nor any
agency whose purpose is to gather information regarding such offerings.
I understand that the contemplated transaction is strictly one of a sale of a SBLC and is in no way relying upon, or
relating to, the United States Securities Act of 1935, as amended, or related regulations, and does not involve the
sale of securities.
Further, I hereby declare that you have disclosed that you are not a licensed Security trader, attorney, bank officer,
certified public accountant or financial planner. Any information, work or service conducted hereunder is that of a
private individual and that this is a project funding transaction that is exempt from the Securities Act and not
intended for the general public, but for Private Use only.
The facsimile transmission of this document shall be considered a binding and enforceable instrument, treated as
the original copy. Original may be obtained upon request.
Dated on this 23 January 25 for and on behalf of INTERNATIONAL SAKURA FOUNDATION PTE LTD.
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_________________________________
REPRESENTED BY : Mr. CHIN KUET LEE
PASSPORT NO : A55032571
EXPIRE DATE : 8 NOVEMBER 2026
COUNTRY OF ISSUANCE: MALAYSIA
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PROVIDER’S CODE:
RECEIVER’S CODE:
THE COMMISSION IS CHARGED BY THE RECEIVER'S INTERMEDIARY AT 2 % AND THE PROVIDER'S INTERMEDIARY AT
1%.THE DETAILS ARE AS FOLLOWS.
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THE PARTIES AGREE THAT THE COMMISSION FEES STATED ARE COMPENSATION FOR SERVICES RENDERED AND ARE
IRREVOCABLY AND UNCONDITIONALLY GUARANTEED TO BE PAID BY THE RECEIVER TO THE AGENTS OR
INTERMEDIARIES LISTED IN THIS IMFPA BY WIRE TRANSFER SIMULTANEOUSLY WITH THE RECEIVER’S PAYMENT OF
% OF THE FACE VALUE OF THE SBLC FEE TO THE PROVIDER FOR THIS TRANSACTION OF THE SBLC.
1) EACH PARTY AGREES THAT THEY WILL NOT MAKE ANY CONTACT WITH DEAL WITH OR BE INVOLVED WITH
INDIVIDUALS, TRADER AND INVESTOR INTRODUCED BY ANOTHER SIGNATORIES WITHOUT SPECIFIC
PERMISSION OF THE INTRODUCED SIGNATORY FOR THE INVESTOR.
2) THE SIGNATORY AGREES TO KEEP CONFIDENTIAL THE IDENTITY OF AND ALL CONTACTS SO PROVIDED BY ANY
OTHER SIGNATORIES.
3) THE PARTIES HERETO AGREE THAT ALL COMMISSIONS OR FEES AS AGREED BY THE PARTIES SHALL BE PAID IN
FULL AT THE END OF EVERY TRANSACTION.
4) THIS AGREEMENT SHALL BE LEGALLY BINDING ON THE PARTIES HERETO, THEIR PRINCIPALS, EMPLOYEES,
REPRESENTATIVES, AGENTS AND ASSIGNS IN ALL COUNTRIES OF THE WORLD.
5) THE PARTIES HERETO AFFIRM THAT IN EVERY CASE THEY WILL ACT WITH THE HIGHEST STANDARDS OF ETHICS
AND HONESTY IN ALL THEIR DEALINGS.
6) THIS AGREEMENT SHALL BE RESPECTED AND HONORED AT ALL TIMES, UNLESS OTHERWISE MUTUALLY
AGREED UPON AND ANY PARTY WILL PERMIT NO ATTEMPT OR HINT OF CIRCUMVENTION.
EACH OF THE ABOVE PARTIES AGREES AND UNDERSTANDD THAT ANY OVERT OR COVERT ACTION OF
CIRCUMVENTION PRESCRIBED BY THIS AGREEMENT SHALL BE A FRAUDULENT ACT AGAINST THE OTHER PARTY
AND
WILL BE SUBJECT TO JUDICIAL ACTION, RECOMPENSE FOR DAMAGES, POSSIBLE PUNITIVE DAMAGES AND
INJUNCTIVE RELIEF IMPOSED BY THE LEGAL PROCESS
1. The PROVIDER agent will receive % of the face value of each successful SBLC delivered SBLC as the
consulting fee
BANK NAME
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SWIFT CODE
ACCOUNT NAME
ACCOUNT NUMBER
ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN,
REQUIRED MESSAGE AND ARE IMMEDIATELY PAYABLE IN CASH” PLEASE PROVIDE THE COURTESY COPY OF THE SWIFT WIRE
CONFIRMATION RECEIPT TO FOLLOWING EMAIL ADDRESSES;
IN WITNESS WHEREOF, THE PARTIES HAVE CAUSED THIS AGREEMENT TO BE EXECUTED AS OF THE EFFECTIVE
DATE OF , BY THEIR DULY AUTHORIZED REPRESENTATIVES.IN WITNESS WHERE OF THE PARTIES EXECUTED THIS
AGREEMENT AS OF THE DATE ABOVE WRITTEN. CONFIRMED AND SIGNED FOR AND BEHALF OF RECEIVER:
__________________________________________________
NAME : MR. CHIN KUET LEE
PASSPORT NUMBER : A55032571
NATIONALITY : MALAYSIAN
ISSUING DATE : 12 June 2024
EXPIRY DATE : 8 NOVEMBER 2026
NAME:
TITLE:
PASSPORT NUMBER:
NATIONALITY:
ISSUING DATE: EXPIRY
DATE:
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EDT (Electronic Document Transmissions) shall be deemed valid and in respect of any provisions
of this Contract. As applicable, this agreement shall be: -
1- Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and National Commerce
Act’’ or such other applicable law conforming to the UNCITRAL Model Law on Electronic
Signatures (2001) and
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