PETRONAS D2

\Vg with ploper autlrority and intcrcst hcreio florn Pancipd Burvct, sct out or:: intendons to
purchase Peuonas Indusaial. Diesel p2) according to the tcr:as bclosr r
Prcduct : Petronas Ind':saiai Diesel (D2).
Quantity per day.: 4, 000, 000 Liters weekly .
Conrract Period : Twelwc (12) Month
Delivery Temrs : Self Collect zt any Petonas Depot nationwide (iaduding Prai lvfalacca,
Luln:t ctQ. Buycr will assign ovn: Tankers. (1.{OTB Tanker details rviil be provided on
receipt of DN fiom Depot).
Price : Base Pr:ice is RN{ 1.xx pct Utet (Fixed for a minimum of 6 months ftom date
abovc) (Sdlcr will instruct its for Buyer Mandatc in accordance
with MFPA to be sigued wit} Coaaact)
Payment : Cash (COD) on ta}irrg delivery at l)epot aftet inspection.

NOTE : Please notc tLat in prirrcipal, this is a Cash On Deliver.y (COD) ded .
B'or the securiry of both Parties, a Perforrnance Bond ets) will be placed
Ry both *****.
Pedocnance Bond : Buyet and Sellcr will each raise a PB/Draftfor RM100r000 as a
perfornauce Bond to be held by zI-ewyu as StakeholderB. uyer is wtfling to provide a
PerfiormanccB ond and a BG fot SAo/oaf weeklyr alue. Buyerw ill reject CBD deali f
Proposcd. Buycr cxpccts the DN @"li"oy Note) details within 3 working days of signing
of Contact.
Inspection : Prior to taking delivery at t}e Petronas Depot by Buyer.- Producr to comply
szith Pctronas Specificarions Pleasc providc firll specifications is Draft Conract)
PROCEDLIRAL STEPS: (Pleasc advise if any changes)
UPon receipt of this LOI, Seller issues A Full Corporatc offer (FCO) to Principal Buycr
DraftCoatract ***** acccptancc of FCO together with specific paymenr terms by Buyer, Buyer and Selier meet face to face and negoriare and sign Final Conuact