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    Chung Hung SC 01-2024

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    lusimon6868
    The sales contract is between Chung Hung Trading Co., Ltd. of Vietnam as the buyer, and Eternal Materials (Malaysia) Sdn Bhd as the seller. The seller agrees to provide 36,000kg of unsaturated polyester resin in 160 drums for a total of US$50,760 to be shipped from Malaysia to Vietnam. Payment of 100% is due by the buyer within 30 days of the bill of lading by bank transfer. The contract is valid until April 30, 2024 and disputes will be settled by arbitration in Ho Chi Minh City, Vietnam.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Chung Hung SC 01-2024

    Uploaded by

    lusimon6868
    50 views3 pages
    The sales contract is between Chung Hung Trading Co., Ltd. of Vietnam as the buyer, and Eternal Materials (Malaysia) Sdn Bhd as the seller. The seller agrees to provide 36,000kg of unsaturated polyester resin in 160 drums for a total of US$50,760 to be shipped from Malaysia to Vietnam. Payment of 100% is due by the buyer within 30 days of the bill of lading by bank transfer. The contract is valid until April 30, 2024 and disputes will be settled by arbitration in Ho Chi Minh City, Vietnam.

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    Chung Hung Sc 01-2024 (1)

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    The sales contract is between Chung Hung Trading Co., Ltd. of Vietnam as the buyer, and Eternal Materials (Malaysia) Sdn Bhd as the seller. The seller agrees to provide 36,000kg of unsaturated polyester resin in 160 drums for a total of US$50,760 to be shipped from Malaysia to Vietnam. Payment of 100% is due by the buyer within 30 days of the bill of lading by bank transfer. The contract is valid until April 30, 2024 and disputes will be settled by arbitration in Ho Chi Minh City, Vietnam.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    50 views3 pages

    Chung Hung SC 01-2024

    Uploaded by

    lusimon6868
    The sales contract is between Chung Hung Trading Co., Ltd. of Vietnam as the buyer, and Eternal Materials (Malaysia) Sdn Bhd as the seller. The seller agrees to provide 36,000kg of unsaturated polyester resin in 160 drums for a total of US$50,760 to be shipped from Malaysia to Vietnam. Payment of 100% is due by the buyer within 30 days of the bill of lading by bank transfer. The contract is valid until April 30, 2024 and disputes will be settled by arbitration in Ho Chi Minh City, Vietnam.

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    SALES CONTRACT

    No. : 01-2024
    Date: 25th January 2024
    BUYER: CHUNG HUNG TRADING CO.,LTD.
    Add: LAND PLOT 437, SHEET NO. 59, QUARTER 7, UYEN HUNG WARD,
    TAN UYEN CITY, BINH DUONG PROVINCE, VIET NAM.
    Tel: +84-28-38776249
    Representative by : Ms: DO THI THU HUONG

    SELLER : ETERNAL MATERIALS (MALAYSIA) SDN. BHD.


    Add: PTD 5044, Jalan Rumbia 2, Kawasan Perindustrian Tanjung Langsat, Mukim
    Sungai Tiram, 81700 Pasir Gudang, Johor, Malaysia.
    Tel: +607-2778600 Fax: +607-2778609
    Represented by : Mr. Jay Tseng
    This contract is made by and between the buyers and sellers, both party agree the under-
    mentioned goods subjects to the terms and conditions as stipulated here in after:

    Article 1: Commodity – Description


    Marks & Unit Price
    Description Packing Quantity Amount
    Numbers CIF CAT LAI
    UNSATURATED POLYESTER
    1-80 225 KG x 80 Drums 18000 KG ＠ 1.37 USD/KG US$ 24,660.00
    RESIN ETERSET 2126AP

    UNSATURATED POLYESTER
    1-80 225 KG x 80 Drums 18000 KG ＠ 1.45 USD/KG US$ 26,100.00
    RESIN ETERSET RS-5272AP
    Total: 160 Drums 36000 KG US$ 50,760.00

    (Say: Total US Dollar FIFTY THOUSAND SEVEN HUNDRED AND SIXTY ONLY )
    • Origin : Malaysia
    • Quality : As per export standard of manufacturer – 100% brand new.
    • Insurance: To be covered by the Seller against ALL RISKS, non - deductible, for 110% invoice
    value, blank endorsed, with claim payable in Hochiminh city, Vietnam.
    Article 2: Packing
    Export standard packing: Net weight 225kg/drum.
    Article 3: Shipping Mark
    The Seller Option.
    Article 4: Shipment
    • Time of shipment: ASAP In February-2024
    • Port of loading : Any port in Malaysia.
    • Port of destination : Cat Lai Port – Vietnam.
    • Partial shipment : Not-allowed.
    • Trans-shipment : Allowed.
    Article 5: Payment
    • 100% of this contract shall be settled by T/T 30 days from the date on bill of lading.
    BANK: BNP PARIBAS MALAYSIA BERHAD
    ADD: VISTA TOWER, LEVEL 48A, THE INTERMARK,348 JALAN TUN RAZAK,
    50400 KUALA LUMPUR, MALAYSIA
    USD A/C 07101-000429-001-87
    SWIFT CODE: BNPAMYKL
    BENEFICIARY: ETERNAL MATERIALS (MALAYSIA) SDN BHD

    • Documents
    required: 1. Signed Commercial Invoice in triplicate.
    2. Packing List in triplicate.
    3. Bill of Lading marked “Freight Prepaid”: two copies of surrendered bill of
    lading.
    4. Certificate of Origin issued by the Government approved authority /
    organization of exporting country: 01 original & 01 copy.
    5. Certificate of Analysis: 1 copy
    6. Certificate of Quality: 1 copy.
    Note: Third Party’s documents are acceptable.
    Article 6: Claim
    • The Buyer’s claim, if any, related to the delivered goods, shall be notified to the Seller by
    telex/fax within 30 days from the arrival of the goods at destination, and shall be officially and
    finally evidenced by a survey report issued by QUATEST- Hochiminh. Beyond the above time -
    limit, the Seller shall not accept the Buyer’s claim.
    • The Buyer’s claim shall be settled by the Seller within 60 days from the Seller’s receipt of the
    claim which has been notified and evidenced properly as above mentioned.

    Article 7: Dispute Settlement


    All disputes arising in connection with the present contract shall be finally settled under The Rules
    of Conciliation and Arbitration of The International Chamber of Commerce by one or more
    arbitrators to be appointed in accordance with The Rules.
    • Place of arbitration: Hochiminh city, Vietnam.
    • Arbitration shall be conducted in English language.
    • Any change / amend to this contract shall be in writing (including telex/fax) and subject to
    mutual agreement. Such change/amendment shall be an integral part hereof.

    Article 8: General condition


    • Both sides commit to strictly implement this signed contract.
    • During the implementation of this contract, all disputes if any settled in writing. Any amendment
    to this contract will be discussed and agreed by both sides and to be confirmed by annex.
    • This contract is made out in English, 02 copies 01 for each, and comes into forces since its
    signing date.
    • This contract terminated on April 30st, 2024.
    • Fax contract has the same value as the original one.

    FOR THE SELLER FOR THE BUYER


    ETERNAL MATERIALS(MALAYSIA)SDN BHD CHUNG HUNG TRADING CO.,LTD.

    AUTHORIZED SIGNATURE AUTHORIZED SIGNATURE

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