New Fco Sept - Dec 2019

Email: sales.gngroupsb@gmail.com Web: http://www.gngroupms.
com
Email: 1mytv4u@gmail.com Web: http://gngroupmsdnbhd.blogsite.com
DATE 02 SEPTEMBER 2019 VALIDITY UNTIL 08 DECEMBER 2019

FULL CORPORATE OFFER
CIF AND FOB PROCEDURES
GNGROUP in collaboration with Our Refinery, Manufactory, Factory, Supplier or Seller, with Ref GNG/TRO-SGD45GDH4784CC/SEP-
DEC/2019 full legal responsibility, hereby issue this Soft/Full Corporate Offer with given terms and conditions as stated in this Offer to
confirm our readiness to execute a Sales and Purchase Agreement with the ability to supply the following commodity according to the
terms and conditions stipulated in this soft corporate offer
ITEM CONTENTS DESCRIPTIONS

1. DELIVERY DURATION CIF SHIPMENT TIME 15 DAYS – 21 DAYS
2. DELIVERY DURATION FOB SHIPMENT TIME 2 DAYS – 3 DAYS
3. INSPECTION PRODUCT SGS OR EQUIVALENT
4. SPECIFICATION STANDARD SPECIFICATION OR BUYER’S REQUEST
5. PROCEDURES NO.1 FOB STORAGE TANK TO STORAGE TANK ONLY 1
6. PROCEDURES NO.2 FOB STORAGE TANK TO STORAGE TANK ONLY 2
7. PROCEDURES NO.3 FOB WITH BANKING PROCEDURES
8. PROCEDURES NO.4 FOB STORAGE TANK TO VESSEL ONLY
9. PROCEDURES NO.5 PROCEDURES FOR CIF WITH DLC MT700 OR SBLC/BG SWIFT MT760
10. PROCEDURES NO.6 PROCEDURES FOR CIF WITH DLC SWIFT MT700
11. PROCEDURES NO.7 FOB WITH TTM PROCEDURES
Email: sales.gngroupsb@gmail.com Web: http://www.gngroupms.com
PROCEDURES NO.1
BUYER COMMITMENT:
Buyer's signs and returns Draft Contract + CI + Warning Letter + NCND IMFPA +
TSA to seller. Seller will complete Verification on the TANK FARM of the buyer
before making their three (3) days tank lease payment.
PAYMENTS TERMS FOR:
PROCEDURES NO.1 SELLER + BUYER COMMITMENT:
PROCEDURES FOB DIP & PAY Seller leases and pays the buyer’s tank for 3 days for the Injection Process. Buyer
FOB STORAGE TANK TO STORAGE pays his Tank Farm Company for his two (2) days’ tank storage costs, (totalling a five
TANK ONLY (5) day TSR) after his Tank Farm Company has received the payment from Seller
Company three (3) days cost.
FINAL PAYMENT:
Buyer conducts Dip test on the product and makes the payment for the total value of
product injected into the tanks through the means of MT103- TT.
PROCEDURES NO.2
BUYER COMMITMENT:
Buyer contact their tank farm to obtain the BOOKING CONFIRMATION LETTER
PAYMENTS TERMS FOR: and NOR from there tank farm confirming their readiness to receive the product in
PROCEDURES NO.2 their storage tank and send to the seller. Seller approve and issue DTA for buyer and
PROCEDURES FOB DIP & PAY its SGS Agents to proceeds with the dip Test inspection process on seller's tank.
FOB STORAGE TANK TO STORAGE
TANK ONLY FINAL PAYMENT
Upon successful dip test, Buyer makes 100% payment by MT103 TT Wire Transfer
for the total product. product’s invoice value when final payment is made by the
buyer after discharge of product at the destination port
PROCEDURES NO.3
BUYER COMMITMENT:
PAYMENTS TERMS FOR: Buyer bank within 4 days issues Operative Irrevocable Confirmed Standby Letter of
PROCEDURES NO.3 Credit (SBLC) MT-760 or Swift MT700 Via DLC to seller nominated bank and sends
PROCEDURES FOB DIP & PAY swift Copy to Seller
BANKING PROCEDURES
STORAGE TANK TO STORAGE TANK FINAL PAYMENT:
OR STORAGE TANK TO VESSEL Buyer conduct dip test in hired tanks by SGS or Agent and Buyer authorize Payment
Dip Test on Seller tank before injection into for the Fuel via MT103 or T/T and Seller transfer the ownership of the tank to buyer
buyer hire tank and along with Title documents to buyer. Proforma Invoice using MT-103 / TT by
Wire transfer delivered into vessel, 100% payable for each shipment within 1-2
banking days upon the cargo passed SGS.
PROCEDURES NO.4
BUYER COMMITMENT:
PAYMENTS TERMS FOR: Buyer itself complete CPA with Russian Shipping Company. Russian Shipping
PROCEDURES NO.4 Company issued Q88 to buyer. Q88 and All Shipping Documents must contain the
PROCEDURES FOB DIP & PAY Seller name as Supplier and the buyer as the tenant.
FOB STORAGE TANK TO VESSEL ONLY
FINAL PAYMENT:
Upon Buyer lift fuel into their own Vessel and after the buyer make payment via
MT103/T/T against lifted quantity to Seller nominated bank.
PROCEDURES NO.5
PAYMENTS TERMS BUYER COMMITMENT:
FOR: Buyer within 5 banking days, buyer's bank sends SWIFT MT760 via SBLC/BG or SWIFT MT700 via
PROCEDURES NO.5 DLC to seller nominated bank and send swift copy to Seller.
PROCEDURES FOR CIF
ASWP TRIAL/CONTRACT But if the buyer fails to issue sends SWIFT MT760 via SBLC/BG or SWIFT MT700 via DLC within
Payment guarantee: Five 5 Banking days, as an alternative provision buyer pays via MT103 TT the shipping cost to seller,
SBLC/BG via SWIFT the amount of the shipping cost depends on the location of the country and continental port. Upon the
MT760 or DLC via SWIFT confirmation of the shipping cost, the Seller will proceed with the loading of the product without any
MT700 only, Payment to delay, which will be deducted from the product’s invoice value when final payment is made by the
Fiduciary Company Outside buyer after discharge of product at the destination port
Russia, Country Receiving
Bank: CHINA & FINAL PAYMENT:
MALAYSIA IF SHIP TO SHIP OCEAN:
Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact
CIF ASWP: each other and coordinate boarding of vessel for buyer’s inspectors. Upon successful dip test, Buyer
ANY SAFE WORLD PORT pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer
delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed
CNF STS: SGS.
INTERNATIONAL
WATER IF SHIP TO BUYER’S PORT:
GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the
product at a mutually agreed safe port. At the delivery port, the buyer will conduct his own inspection
to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays for “exact
quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel,
100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.
PROCEDURES NO.6
PAYMENTS TERMS BUYER COMMITMENT:
FOR: PROCEDURES Buyer within 5 banking days, buyer's bank sends SWIFT MT700 via DLC to seller nominated bank
NO.6 and send swift copy to Seller.
PROCEDURES FOR CIF
ASWP TRIAL/CONTRACT But if the buyer fails to issue sends SWIFT MT700 via DLC within Five 5 Banking days, as an
Payment guarantee: alternative provision buyer pays via MT103 TT the shipping cost to seller, the amount of the shipping
SBLC/DLC via SWIFT cost depends on the location of the country and continental port. Upon the confirmation of the
MT700 only, Payment to shipping cost, the Seller will proceed with the loading of the product without any delay, which will be
Fiduciary Company Outside deducted from the product’s invoice value when final payment is made by the buyer after discharge of
Russia product at the destination port
Country Receiving Bank:
USA & MALAYIA FINAL PAYMENT:
IF SHIP TO SHIP OCEAN:
CIF ASWP: Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact
ANY SAFE WORLD PORT each other and coordinate boarding of vessel for buyer’s inspectors. Upon successful dip test, Buyer
CNF STS: pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer
INTERNATIONAL delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed
WATER SGS.
IF SHIP TO BUYER’S PORT:

GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the
product at a mutually agreed safe port. At the delivery port, the buyer will conduct his own inspection
to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays for “exact
quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel,
100% payable for each shipment within 1-2 banking days upon the cargo passed SGS
PROCEDURES NO.7
PAYMENTS TERMS FOR: BUYER COMMITMENT:
PROCEDURES NO.7 The buyer will make a security payment by depositing a total of USD500,000 into an
FOB WITH TTM PROCEDURES WITH escrow account specifically opened for the purpose of this transaction by the
GNGROUP AT TITLE HOLDER PRODUCT mutually agreed and appointed solicitor governed by the terms and conditions as
ADMINISTRATIVE OFFICE (FACE TO stated in the FCO whereby the sum shall be refunded to the buyer upon successful
FACE) MEETING, SIGNING AND GET POP completion of the transaction. However, should the buyer fails to comply or breach
AT MOSCOW RUSSIA with any of the terms and conditions stipulated in the sales procedures, the security
payment shall be paid and transferred to GNGROUP with immediate effect
FOB TANK TO TANK OR
FOB TANK TO VESSEL Note:
i. Security Payment is not an Advance Money
ii. GNGROUP acts as a Transaction Controller, to ensure that the Buyer and Title
Holder of Product, 100%, fulfil the responsibility of following procedures by
GNGROUP
FIRST PAYMENT:
UPON SGS REPORT + POP CONFIRMED BY THE BUYER, BUYER ISSUE
30% PAYMENT MT 103 / TT TO TITLE HOLDER ACCOINT.
FINAL PAYMENT:
SELLER INJECT TO BUYER’S TANK OR VESSEL; BUYER CONFIRM
LOADING OR INJECTION AND REMIT BALANCE 70%
PRODUCT OFFER 1
DIESEL-GAS OIL L0.2-62 GOST 305-82 (DIESEL D2)
ORIGIN RUSSIA FEDERATION
CIF ASWP GROSS / NET USD$390 / 380 PER MT
FOB PRICE GROSS / NET USD$370 / 360 PER MT
QUANTITY MINIMUM 50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM 900,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION USD$10 PER MT
BUYER’S COMMITMENT OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
GUARANTEE PAYMENTS CIF SWIFT MT700 DLC or MT760 SBLC/BG or MT103/TT
GUARANTEE PAYMENTS FOB SWIFT MT700 DLC or MT760 SBLC/BG or MT103/TT or TSA/TSR or CPA/Q88
PRODUCT OFFER 2
RUSSIAN MAZUT M100 GOST 10585-75 OR 99
PRODUCT OFFER 3
RUSSIAN JET FUEL JP54 OR JET A191/91 (AVIATION KEROSENE COLONIAL GRADE 54/A1)
CIF ASWP GROSS / NET USD$68 / 66 PER BBL
FOB PRICE GROSS / NET USD$58 / 56 PER BBL
QUANTITY MINIMUM 500,000.00 BBL PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM 5,000,000.00 BBL PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR FOB DESTINATION PORT: ROTTERDAM
COMMISSION USD$2.00 PER BBL
PRODUCT OFFER 4
RUSSIAN HSD2 (HIGH SPEED DIESEL) 50PPM
PRODUCT OFFER 5
RUSSIAN D6 VIRIGIN FUEL OIL
CIF ASWP GROSS / NET USD$0.89 / 0.87 PER GALLON
FOB PRICE GROSS / NET USD$0.85 / 0.83 PER GALLON
QUANTITY MINIMUM 1,000,000 GALLONS
QUANTITY MAXIMUM 50,000,000 GALLONS
COMMISSION USD$0.02 PER GALLON
PRODUCT OFFER 6
DIESEL EN590 10PPM: EURO 5 OR EURO 4
QUANTITY MINIMUM 20,000 MT
QUANTITY MAXIMUM 200,000 MT
FOR FOB DESTINATION PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK / PRIMORKS
PRODUCT OFFER 7
RUSSIA EXPORT BLEND CRUDE OIL (REBCO) – GOST 51 858-2002 OR GOST 9965-76
CIF ASWP GROSS / NET USD$85 / 83 PER BBL
FOB PRICE GROSS / NET USD$75 / 73 PER BBL
QUANTITY MINIMUM 100,000 BBLS
QUANTITY MAXIMUM 10,000,000 BBLS
FOR FOB DESTINATION PORT: NOKHODKA / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION USD$5 PER BBL
PRODUCT OFFER 8
RUSSIAN HSD2 GAS OIL L-0.2-62 GOST 305-82 AGO (AUTOMATIVE GAS OIL)
FOR FOB DESTINATION PORT: TO BE ADVICED
PRODUCT OFFER 9
RUSSIAN LIQUEFIELD PETROLEUM GAS (PROPANE (C3H8) 50%+ BUTANE (C4H10) – LPG
PRODUCT OFFER 10
RUSSIAN LIQUEFIELD NATURAL GAS 5542-87 (LNG)
PRODUCT OFFER 11
RUSSIAN BITUMEN:40/50.60/70&80/100/ PEIROLEUM ASPHALT
QUANTITY MINIMUM 10,000.00 MT PER MONTHS
QUANTITY MAXIMUM 100,000.00 MT PER MONTHS
PRODUCT OFFER 12
RUSSIAN UREA N46% GRANULAR
QUANTITY MINIMUM 10,000.00 MT PER MONTHS
QUANTITY MAXIMUM 100,000.00 MT PER MONTHS
PRODUCT OFFER 13
RUSSIAN CST-180 FUEL OIL
PRODUCT OFFER 14
RUSSIAN SUPER GASOLINE 91 RON (UNL) 93, 89, 95 OCTANES
FOR FOB DESTINATION PORT: ROTTERDAM / NOVOROSSIYSK
PRODUCT OFFER 15
RUSSIAN BASE OIL SN.150, SN 100, SN 300, SN 500
PRODUCT OFFER 16
LIGHT CRUDE OIL
PRODUCT OFFER 17
PETROLEUM COKE
FOB PRICE GROSS / NET NO ACTIVITIES SALES FOR FOB
REFERANCE PROCEDURES NUMBER 1

TRANSACTION PROCEDURE FOB SPOT CI DIP & PAY FOR PORT OF HOUSTON / ROTTERDAM / PRIMORSK
STORAGE TANK TO STORAGE TANK
STEP 1 GNGROUP issued to Buyer:
a) Official FCO
b) Template ICPO Format
c) Template BCL Format
STEP 2 Buyer issues to:
a) Official ICPO Via GNGROUP (M) SDN. BHD.
b) Buyer’s Scan Passport
c) Buyer’s Company Profile
d) Buyer’s Latest BCL To GNGROUP (M) SDN. BHD.
e) Tank Storage Agreement (TSA)
STEP 3 Seller issues Draft Contract + CI + Warning Letter to Buyer + NCND IMFPA
STEP 4 Buyer's signs and returns Draft Contract + CI + Warning Letter + NCND IMFPA + TSA to seller.
STEP 5 Seller will complete Verification on the TANK FARM of the buyer before making their three (3) days tank lease payment.
STEP 6 Seller leases and pays the buyer’s tank for 3 days for the Injection Process. Buyer pays his Tank Farm Company for his two (2) days’ tank
storage costs, (totalling a five (5) day TSR) after his Tank Farm Company has received the payment from Seller Company three (3) days cost
STEP 7 Seller issues Unconditional DTA and SGS report
STEP 8 Buyer conducts Dip test on the product and makes the payment for the total value of product
injected into the tanks through the means of MT103- TT.
STEP 9 Seller pays all intermediaries involved in the transaction and subsequently monthly shipment
continues as per terms and conditions of the sales and purchase agreement contract between buyer
and seller

NON-NEGOTIABLE PROCEDURE SPOT / FOB
STORAGE TANK TO STORAGE TANK
STEP 1 GNGROUP issued to Buyer:
a) Official FCO
b) Template ICPO Format
c) Template BCL Format
STEP 2 Buyer issues to:
a) Official ICPO Via GNGROUP (M) SDN. BHD.
b) Buyer’s Scan Passport
c) Buyer’s Company Profile
d) Buyer’s Latest BCL To GNGROUP (M) SDN. BHD.
e) Tank Storage Agreement (TSA)
STEP 3 Seller issues commercial invoice (CI) for the available quantity in the storage tank to buyer. Buyer signs and returns to seller the commercial
invoice and a scan copy of the buyer's passport.
STEP 4 Seller receives the signed (CI) and issues to Buyer the PPOP documents:
a. Tank Storage Receipt (TSR).
b. Authorization to Verify (ATV-with phone call and email).
c. Authorization to Sell/Collect (ATSC).
d. certificate of origin
STEP 5 Buyer contact their tank farm to obtain the BOOKING CONFIRMATION LETTER and NOR from there tank farm confirming their readiness to
receive the product in their storage tank and send to the seller.
STEP 6 Seller approve and issue DTA for buyer and its SGS Agents to proceeds with the dip Test inspection process on seller's tank.
STEP 7 Upon successful dip test, Buyer makes 100% payment by MT103 TT Wire Transfer for the total product.
STEP 8 Seller proceeds with the tank to tank transfer of the product to the buyers secured shore tank at the loading port.
STEP 9 Seller pays All Intermediary Involved in the Transaction, and Subsequently Monthly Shipment Continues as per Terms and Conditions of the
Sales and Purchase Agreement Contract between Buyer and Seller.
STEP 10 Seller issues draft contract to buyer to review for R & E monthly deliveries.

PROCEDURES FOB DIP & PAY BANKING PROCEDURES
STORAGE TANK TO STORAGE TANK OR STORAGE TANK TO VESSEL
Dip Test on Seller tank before injection into buyer hire tank
STEP 1 GNGROUP provides to buyers:
a) SOFT CORPORATE OFFER (SCO)
b) TEMPLATE ICPO FORMAT
c) BCL Format Template
STEP 2 Buyer provides to GNGROUP:
a) Official ICPO, Address ICPO to: GNGROUP (M) SDN. BHD., Attn to: MR SYAPOL MA'AROF MOHD
b) Copy of Buyer Scan Passport
c) Buyer's Company Profile in PDF file
d) Latest BCL To GNGROUP (M) SDN. BHD.
STEP 3 GNGROUP Issues SPA and Proforma Invoice for Buyer to sign and return to Seller
STEP 4 Buyer bank within 4 days issues Operative Irrevocable Confirmed Standby Letter of Credit (SBLC) MT-760 or Swift MT700 Via DLC to seller
nominated bank and sends swift Copy to Seller
STEP 5 Fiduciary Post 2% PB to buyer bank after authentication and verification of the SBLC/DLC via bank to bank and Within 4-7 days Seller hires
tanks at their own cost and injects fuel into the hired tanks and then Seller sends to Buyer the following Documents
a. Unconditional DTA
b. Authorization to Verify (ATV)
c. TSR
d. Fresh SGS (less than 48 hours old)
e. Commitment to Supply
f. Certificate of Origin
g. Q & Q done by indigenous lab at port of Origin
h. Authorization to Sell (ATS)
i. License Certificate
j. Statement of availability of product
STEP 6 Buyer conduct dip test in hired tanks by SGS or Agent and Buyer authorize Payment for the Fuel via MT103 or T/T and Seller transfer the
ownership of the tank to buyer and along with Title documents to buyer.
STEP 7 Seller pays commission to Seller Side and Buyer Side:

50% of total commissions - Closed to Seller Mandate Holder
50% of total commissions - Open to Buyer Mandate and Buyer Intermediaries
STEP 8 For monthly Bank Buyers Will issue New SBLC or BG or DLC Expansion for 12 Months for Subsequent Shipping and GNGROUP opens 2%
PB to buyer bank for 12-month contract sales of products. Seller move the fuel to Port Rotterdam and inject fuel into the hired tank and issue
DTA/ATV/ Fresh SGS/TSR with (GPS), PIR/Q88/BL to buyer and buyer dip test and pay via MT103/T/T this will continue till the 12 months
delivery is completed.

PROCEDURES FOB DIP & PAY
FOB STORAGE TANK TO VESSEL
STEP 1 BUYER ISSUES ICPO + COMPANY PROFILE + SCAN PASSPORT Issue to Sales Director of: GNGROUP (M) SDN. BHD. ATTN: MR.
SYAPOL MA’AROF MOHD., Latest BCL To GNGROUP (M) SDN. BHD.
STEP 2 Seller send CI (Commercial Invoice) for buyer review and sign
STEP 3 Buyer returns CI and provides CPA from Russian Shipping Company and must be sent to Seller for review and approval.
STEP 4 The seller informed the buyer CPA status, whether CPA can be applied or rejected. If the CPA is approved, Buyer must place the Seller Name as
Supplier in the CPA and Buyer as a Vessel tenant.
STEP 5 Buyer itself complete CPA with Russian Shipping Company. Russian Shipping Company issued Q88 to buyer. Q88 and All Shipping
Documents must contain the Seller name as Supplier and the buyer as the tenant.
STEP 6 As soon as the seller receives the Q88 and shipping documents from the buyer. Seller issue POP Documents and send directly to buyer email
address the following:
a) Commitment to supply
b) Certificate of Origin
c) Q&Q done by indigenous lab at port of Origin
d) Notice of Readiness to Commence Injection of the Product into buyer Vessel
e) Authorization to Seller
f) License Certificate
STEP 7 Buyer provide Full details of the Captain and Readiness to Receive the Fuel into the Vessel (RTRF) A. Port terminal code of the Shipping
company and all documents address to Seller by Shipping company.
STEP 8 Seller provide to buyer Dip Test Authorization, Pre-Injection Report, Tank with fuel to inject in buyer tank, Authorization to Verify, Fresh SGS
to Buyer and Buyer Send SGS to conduct Dip test and SGS issue SGS report to buyer
STEP 9 Seller Transfer fuel into buyer Vessel
STEP 10 Upon Buyer lift fuel into their own Vessel and after the buyer make payment via MT103/T/T against lifted quantity to Seller nominated bank.
STEP 11 Seller issue Title Ownership Documents to buyer upon confirm buyer payment.
STEP 12 Seller pays commission to Seller Side and Buyer Side
A) The 50% of total commissions - Closed to Seller Side
B) The 50% of total commissions - Open to Buyer Mandate and Buyer Intermediaries, (only one pay master)
STEP 13 Buyer open SBLC/MT760 for monthly shipment and Seller open 2%PB to buyer.
STEP 14 Seller inject fuel into buyer Vessel and Buyer Pays by MT103 against SGS report and Seller issue Title ownership documents to buyer (Process
revolves until exhaustion of contract)

PROCEDURES FOR CIF ASWP TRIAL/CONTRACT
Payment guarantee: SBLC/BG via SWIFT MT760 or DLC MT700 only, Payment to Fiduciary Company Outside Russia
Country Receiving Bank: CHINA & MALAYSIA
c) TEMPLATE BCL FORMAT
D) Latest BCL to GNGROUP (M) SDN. BHD.
Draft SPA (Sales Purchases Agreement) For review, completion or any correction.
STEP 4 Then the buyer sends Email the Draft SPA back to GNGROUP Via Email
STEP 5 GNGROUP provides to buyer "Proforma Invoice" and Buyer sign proforma invoice and email back to GNGROUP
STEP 6 Buyer within 5 banking days, buyer's bank sends Swift SBLC/BG MT760 or DLC MT700 to seller nominated bank and send swift copy to
Seller. But if the buyer fails to issue SBLC/BG MT760 or DLC MT700 within Five 5 Banking days, as an alternative provision buyer pays via
MT103 TT the shipping cost to seller, the amount of the shipping cost depends on the location of the country and continental port. Upon the
confirmation of the shipping cost, the Seller will proceed with the loading of the product without any delay, which will be deducted from the
product’s invoice value when final payment is made by the buyer after discharge of product at the destination port
STEP 7 Seller issue Full POP and Shipping Documents, 2% PB Including:
a) Copy of Commercial Invoice.
b) Copy of Approval to License certificate.
c) Copy of Statement of Availability of the Product.
d) Copy of the Refinery Commitment to Produce the Product.
e) Copy of the Transnet Contract to Transport the Product to the Port.
f) Copy of the Port Storage Agreement.
g) Copy of the Charter Party Agreement(S) To Transport the Product to Discharge Port.
h) Dip test Authorization, Tank receipt and SGS report.
i) Copy of Vessel Questionnaire 88
j) Copy of Bill of Lading.
k) Certificate of Origin.
l) Allocation Transaction Passport Code Certificate [ATPCC]
m) The customs formalities, and test report to buyer/Bank.
STEP 8 IF SHIP TO SHIP OCEAN:
Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact each other and coordinate boarding of vessel
for buyer’s inspectors. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire
transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the product at a mutually agreed safe port. At the
delivery port, the buyer will conduct his own inspection to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays
for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment
within 1-2 banking days upon the cargo passed SGS.
STEP 9 Product is transferred to buyer's vessel with all shipping documentation and title is transferred to buyer.
STEP 10 Seller pays commission to Seller Side and Buyer side commissions:
A. 50%: Seller Side: (50% Closed to Seller Side)
B. 50%: Buyer side: (50% Open to Buyer Mandate & Intermediaries)
C. The agreed commission will be included within an Irrevocable Master Fee, Protection Agreement (IMFPA) to be signed between the buyer
and the seller, group of each party prior to issuance of the Sales and Purchase Agreement (SPA).
STEP 11 Bank Buyers Will issue New SBLC or BG Expansion for 12 Months for Subsequent Shipping and GNGROUP opens 2% PB to buyer bank for
12-month contract sales of products.

PROCEDURES FOR CIF ASWP TRIAL/CONTRACT
Payment guarantee: SBLC via MT700 or DLC via MT700 only, Payment to Fiduciary Company Outside Russia
Country Receiving Bank: USA &MALAYSIA
c) TEMPLATE BCL FORMAT
D) Latest BCL to GNGROUP (M) SDN. BHD.
Draft SPA (Sales Purchases Agreement) For review, completion or any correction.
STEP 4 Then the buyer sends Email the Draft SPA back to GNGROUP Via Email
STEP 5 GNGROUP provides to buyer "Proforma Invoice" and Buyer sign proforma invoice and email back to GNGROUP
STEP 6 Buyer within 5 banking days, buyer's bank sends Swift DLC MT700 to seller’s Fiduciary nominated bank and send swift copy to Seller. But if
the buyer fails to issue DLC MT700 within Five 5 Banking days, as an alternative provision buyer pays via MT103 TT the shipping cost to
seller, the amount of the shipping cost depends on the location of the country and continental port. Upon the confirmation of the shipping cost,
the Seller will proceed with the loading of the product without any delay, which will be deducted from the product’s invoice value when final
payment is made by the buyer after discharge of product at the destination port
STEP 7 Seller issue Full POP and Shipping Documents, 2% PB Including:

A. CERTIFICATE OF INCORPORATION
B. ACT OF TRANSFER
C. COMMERCIAL INVOICE
D.COMPANY TAXPAYER’S CERTIFICATE
E. FRESH SGS REPORT
F. TANK RECEIPT
G. Q88 AND QUALITY SPECIFICATION
H. BILL OF LADING.
I. NOR-NOTICE OF READINESS
J. ETAESTIMATED TIME OF ARRIVAL
STEP 8 Buyer notifies seller by official written notice of his bank receiving seller’s pop documents while seller sends to the buyer the registered hard
copy of the contract through courier service within two (2) working days.
STEP 9 IF SHIP TO SHIP OCEAN:
Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact each other and coordinate boarding of vessel
for buyer’s inspectors. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire
transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the product at a mutually agreed safe port. At the
delivery port, the buyer will conduct his own inspection to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays
for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment
within 1-2 banking days upon the cargo passed SGS.
STEP 10 Product is transferred to buyer's vessel with all shipping documentation and title is transferred to buyer.
STEP 11 Seller pays commission to Seller Side and Buyer side commissions:
A. 50%: Seller Side: (50% Closed to Seller Side)
B. 50%: Buyer side: (50% Open to Buyer Mandate & Intermediaries)
C. The agreed commission will be included within an Irrevocable Master Fee, Protection Agreement (IMFPA) to be signed between the buyer
and the seller, group of each party prior to issuance of the Sales and Purchase Agreement (SPA).
STEP 12 Bank Buyers Will issue New SBLC or BG Expansion for 12 Months for Subsequent Shipping and GNGROUP opens 2% PB to buyer bank for
12-month contract sales of products.

FOB WITH TTM PROCEDURES WITH GNGROUP AT TITLE HOLDER PRODUCT ADMINISTRATIVE OFFICE
(FACE TO FACE) MEETING, SIGNING AND GET POP AT MOSCOW RUSSIA
FOB TANK TO TANK OR FOB TANK TO VESSEL
STEP 1 GNGROUP Provides FCO Procedures TTM, ICPO Format Template, BCL Format Template
STEP 2 Buyer Issues ICPO To GNGROUP (M) SDN. BHD., Attn: Mr SYAPOL MA’AROF. MOHD, Company Profile, Buyer Scan Passport, Latest
BCL To GNGROUP (M) SDN. BHD.
STEP 3 GNGROUP Validates Buyer’s Documents and issues Proforma Invoice + MOU. The buyer returns the Proforma Invoice + MOU with the
official signature and stamping
STEP 4 The buyer will make a security payment by depositing a total of USD500,000 into an escrow account specifically opened for the purpose of this
transaction by the mutually agreed and appointed solicitor governed by the terms and conditions as stated in the FCO whereby the sum shall be
refunded to the buyer upon successful completion of the transaction. However, should the buyer fails to comply or breach with any of the terms
and conditions stipulated in the sales procedures, the security payment shall be paid and transferred to GNGROUP with immediate effect
Note:
i. Security Payment is not an Advance Money
ii. GNGROUP acts as a Transaction Controller, to ensure that the Buyer and Title Holder of Product, 100%, fulfil the responsibility of following
procedures by GNGROUP
STEP 5 Lawyer confirmed the security payment escrow and GNGROUP obtained an Invitation Letter from the Russian Title Holder and issued a
confirmation letter to confirm.
STEP 6 After receiving the Official Invitation Letter from Russia, the buyer is responsible for purchasing Round Trip Flight Tickets and Booking the
Hotel as suggested in the Invitation Letter. 2 - 3 representatives of GNGROUP should be funded by buyers including their Pocket Money
STEP 7 Title Holder Confirms Arrival and Will Pick up Buyer + GNGROUP from Moscow Airport.
STEP 8 Buyers visit the Title Holder Administrative Office for TTM (Face to Face) meetings to sign SPA & CI and obtain POP.
STEP 9 Buyer conducts DIP TEST at Title Holder Tanks (Buyer borne for the SGS) and submits his carrier information (CPA).
STEP 10 Upon SGS report + POP confirmed by the Buyer, Buyer issues 30% payment MT 103 / TT to Title Holder account.
STEP 11 Seller inject to buyers’ tank or vessel; buyer confirm loading or injection and remit balance 70%
STEP 12 Title Holder pays all intermediaries.
Terminal List for transactions Oil transfer, the process of buying and selling, pickup and delivery from Storage tanks to Storage
Tanks or Storage Tank to Vessel
ROTTERDAM SEA PORT
STORAGE TANK
Most of the oil sent to Rotterdam

will come from Primorsk and Ust-
luga ports, using ice-class shuttle
tankers. In the future the terminal
will also be able to accept oil from
other Baltic ports. Regional and
local oil refineries, as well as other
market players, will be able to
purchase Russian Urals crude oil
FOB in Rotterdam. Primorsk
Trade Port, LLC is a clear leader
among Russian ports in terms of
the transshipment of oil and oil
products, and has considerable
potential for further growth
NOVOROSSIYK SEA PORT

STORAGE TANK
Our company cooperates with

controlling companies in
Novorossiysk Storage tank farm
port is located in the eastern part
of the Black Sea, The port lies at
the crossroads of international
transport corridors that connect
Russia to the Mediterranean Sea,
the Middle East, Africa, South and
Southeast Asia, and North and
South America· The only
Deepwater port in southern Russia
VLADIVOSTOK SEA PORT

STORAGE TANK
Vladivostok Commercial Sea Port,

is equipped with modern oil and
gas storage facilities, the terminal
oil products from the rail voyage
wagon, Pipeline and sea oil
tankers, performs their storage and
shipments to domestic and foreign
customers, as well as provides oil
and gas bunkers to the ships in the
ports of Vladivostok, and other
ports in the region.
PRIMORSK SEA PORT

STORAGE TANK
Tank Farm oil terminal in Primorsk
Commercial Sea Port, operates today as a
modern multi-brunch enterprise, which
intakes crude and oil products from the
railway tank-cars, pipeline and sea
tankers, performs their storage and
shipments to domestic and foreign
customers, as well as provides bunkers to
the ships in the ports of Primorsk, UST-
LUGAL, and other ports of Baltic Sea
region..Bunkering and oil handling
terminal in the port of Primorsk is serving
the vessels on the Baltic Sea. The terminal
consists of two oil handling sites with the
total storage capacity of 495,000 m3,
including 119 000 m3 of tanks from the
company in collaboration with
GNGROUP
Each oil handling site is equipped with the

tanks of various storage capacity for
different sorts of oil products, railway
ramps for discharge of oil products from
railway cisterns, oil pumping stations,
vapour generating facilities and
technological pipelines to transport the oil
products between the sites/cisterns and to
deliver it to the tankers and bunkering
vessels.
Yours sincerely,
Best regards and thank you
MR. SYAPOL MA’AROF MOHD.

EXECUTIVE DIRECTOR OF GNGROUP MALAYSIA, SINGAPORE & INDONESIA, TURKEY, RUSSIA
Email Contacts: sales.gngroupsb@gmail.com, 1mytv4u@gmail.com, gngroup.indonesia@gmail.com, ish7179@gmail.com
WhatsApp Contacts:
+6283809296461 (MR. RAIS), +60192297179 (MR. IR ISHRAQI), +601126243119 (MS. RAYSHA), +60129149690 (MR. MA’AROF), +60176552849 (MR. SAIF),
+601121093261 (MS. SAFIAH)
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..………
The buyer hereby agrees to respect the mention "FCO" as above. Accepted and signed, sealed as below with under penalty of perjury confirm to perform.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------.-----------------------
FULL CORPORATE OFFER (FCO) APPROVED BY:
CLIENT’S COMPANY NAME:
REPRESENTED BY:
TITLE:
PASSPORT NO:
DATE SIGNED:

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Email: sales.gngroupsb@gmail.com Web: http://www.gngroupms.

DATE 02 SEPTEMBER 2019 VALIDITY UNTIL 08 DECEMBER 2019

ITEM CONTENTS DESCRIPTIONS

IF SHIP TO BUYER’S PORT:

REFERANCE PROCEDURES NUMBER 1

REFERANCE PROCEDURES NUMBER 2

REFERANCE PROCEDURES NUMBER 3

STEP 7 Seller pays commission to Seller Side and Buyer Side:

REFERANCE PROCEDURES NUMBER 4

REFERANCE PROCEDURES NUMBER 5

IF SHIP TO BUYER’S PORT:

REFERANCE PROCEDURES NUMBER 6

STEP 7 Seller issue Full POP and Shipping Documents, 2% PB Including:

IF SHIP TO BUYER’S PORT:

REFERANCE PROCEDURES NUMBER 7

Most of the oil sent to Rotterdam

NOVOROSSIYK SEA PORT

Our company cooperates with

VLADIVOSTOK SEA PORT

Vladivostok Commercial Sea Port,

PRIMORSK SEA PORT

Each oil handling site is equipped with the

MR. SYAPOL MA’AROF MOHD.

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