OPERATIONS PROCEDURES:-
1) Buyer issue ICPO with proof of fund (POF) (attn to: THE PRINCIPAL SELLER; Through: BCB COMMODITY TRADING SDN BHD - SELLER MANDATE.
2) Seller issues draft (CONTRACT) of SPA to Buyer to review and makes necessary adjustments if needed. Once completion from the buyer is made and approved by the seller, both parties will sign the soft copy.
3) Buyers Bank issues Non-Operative financial instrument to sellers bank by means of swift, Bank to Bank
4) After receiving non-operative financial instrument from buyers bank, Sellers Attorney will issue Confirmation of availability of product and confirm the sellers capability to pay 2% penalty for the face value of the Financial Instrument if the seller cannot comply with the delivery agreement (send by TELEX/FAX to Buyers Bank), the Sellers shipping agent will confirm the availability of products with the buyer shipping agent.
5) Shipment will start according to conditions of the contract and agreed schedule.
1) Buyer issue ICPO with proof of fund (POF) (attn to: THE PRINCIPAL SELLER; Through: BCB COMMODITY TRADING SDN BHD - SELLER MANDATE.
2) Seller issues draft (CONTRACT) of SPA to Buyer to review and makes necessary adjustments if needed. Once completion from the buyer is made and approved by the seller, both parties will sign the soft copy.
3) Buyers Bank issues Non-Operative financial instrument to sellers bank by means of swift, Bank to Bank
4) After receiving non-operative financial instrument from buyers bank, Sellers Attorney will issue Confirmation of availability of product and confirm the sellers capability to pay 2% penalty for the face value of the Financial Instrument if the seller cannot comply with the delivery agreement (send by TELEX/FAX to Buyers Bank), the Sellers shipping agent will confirm the availability of products with the buyer shipping agent.
5) Shipment will start according to conditions of the contract and agreed schedule.
| Company Name | ULTIMATE VENTURE ENTERPRISE |
|---|---|
| Business Type | Trading Company |
| Main Products | Iron Ore, ICUMSA, D2, Electronics Component |
| Total No. Employees | Fewer than 5 People |
| Legal Owner | Elaine Tan / Leong Kok Wai |
| Year Established | 2006 |
| Total Annual Sales Volume | US$5 Million - US$10 Million |
| City | Bayan Lepas |
| Province/State | Penang |
| Country/Region | Malaysia |
| Company Website | http:// |
| Contact Person | Ms. Elaine Poh Ee Tan |
| Telephone | 6***********6 View all, please login |
| Mobile | 0*************8 View all, please login |
| Fax | 604-642-1378 |
| Street Address | 49, Lkk Kenari 1 |
| Zip Code | 11900 |
| sell123 URL | http://www.sell123.org/company/Malaysia/935892.htm |
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