PT.

BINTANG MAHARANI Corpora

Export-Import Business development

LETTER OF INTENT
17/05/2022
From:

MS. BINTANG MAHAHARANI

PT. Bintang Maharani Corpora

To: SUN BUILDING

1. Commodities
Not harmdull, and does not fall into any of following categories: toxin chemicals. radioactive substances,
inlammable substances, materials of animal or plant origin that are likely to causedeath disease or
medical waste, bombs, weapon, ammunition, torpedoes, mine, cans,cartridhges,containers or cases,gas
cylinders, exlposive or explosive shells, and sub-materials such as slag,garbage,lubricans, grease
rubber,plastic,part containing oil,alloy,bitumen,wood ,chemical.
2. Item : PREMIUM SCRAP COPPER MILBERRY WIRE
3. Specification : Purity 99.95 , 99,97%, 99,99%
4. Contract /quantity : 23-25 MT PER 40ft Container
a. TRIAL QUNTITY - 1000MT/MONTH
( 1st SHIPMENT on June 2022 )
b. 5000 MT/ month For 12 MONTHs with Roll extension

5. Price : $ 5000 CIF

6. Loading Port : ANY PORT , TAIWAN
7. Disharge Port : China GUANG DONG
8. Product Insurance : 110% from Seller Manufacture
9. Inspection : PHYSICAL INSPECTION & SGS
10. Insurrance : 110% cover by Seller
11. Payment Term : 100% IRREVOCABLE, CONFIRMED, OPERATIVE, NON
TRANSFERABLE /TRANSFERABLE SBLC - PAYABLE AT
DESTINATION PORT. MT&^) CONFIRM WWITH 2% PB AND PAYABLE
WITH MT 103, TT AT BUYER SEAPORT
 PT. BINTANG MAHARANI Corpora
Export-Import Business development

1. The Buyer issues LOI.

2. The Seller issues FCO.
3. The Seller issues a commercial invoice after receiving the inventory reservation fee
(USD1335/1million MT) from the Buyer. The inventory will be reserved for the buyer during the
validity period of the commercial invoice.
4. The Seller and the Buyer sign a contract including the number of the commercial invoice.
5. The Buyer issues one of the following as a financial proof (POF):
1) By sending the Pre-Advice 705 - message with full conditions of the seller's commercial invoice
from Buyer’s bank to the Seller’s bank, OR.
2) by opening Irrevocable, Confirmed Letter of Credit LC MT700 at sight with full conditions of the
seller's commercial invoice from Buyer’s bank to the Seller’s bank.
6. After successfully completed bank procedures the Buyer is available to check the product by next:
· Physical inspection of the product in the inventory.
· Meeting with the CEO and negotiating about details of the deal.
· Reviewing the next documents as originals:
o SGS Test Report of the commodity.
o Export Certificate.
o Certificate of Saudi origin of commodity products.
o Certificate of ownership for the goods.
o Video and pictures showing the commodity filmed after receiving the Pre-Advice MT-705 or
the LC (MT700 at sight).
o POP (Shall make with own custom buyer label ex sample “BMC Company” with dates,
months, and years.
7. The Buyer opens a 100%, irrevocable LC (MT700 At Sight) confirmed by the Seller’s bank.
8. The Seller issues the Performance Bond as an answer to the LC for activating the LC (MT700 At
Sight).
9. The Seller refunds inventory reservation fee to the Buyer.
 PT. BINTANG MAHARANI Corpora
Export-Import Business development

10. Shipments will start after ten (10) days for confirmation and activation of the LC (MT700 At
Sight).

Bintang Maharani
President Director