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Patsons International Corporation

#502, Zen Business Centre, Wakad, Pune 411057. INDIA.


Tel: +91 8830222817 • Mobile: +91 98197 29662
Email: patsons.international@gmail.com
Url. https://patsonsinternational.webs.com

Date: Friday, December 01, 2023 Ref. No. FCO/084/WACF/23121

FULL CORPORATE OFFER (FCO)

To,
PT Dunia Pangan Gosyen
Jl. AM Sangaji No. 27G,
Petojo Utara, Kecamatan Gambir,
Jakarta Pusat,
Jakarta 10130. Indonesia.

ATTN: Ms. Maria Gultom

Dear Ms. Maria Gultom,

Please refer to your LOI 188/LOI/DPG/XII/2023 dated November 01, 2023 for procurement of ‘Wheat
for animal & cattle feed’.

We, Patsons International Corporation, on behalf of our end seller hereby state that we are ready,
willing and able to sell the following commodity as per the specifications and in the quantity as
specified in the terms and conditions as stated below:

Commodity Name: Wheat for animal & cattle feed


Specifications:
Protein - 11% min (on dry basis)
Moisture Content - 11% max
Foreign Matter - 2% max
Bug Damage - 1.5% max
Falling Count - min 230 per second
Vomitoxin - 2 ppm max
Price: US$ 250 per MT
Incoterms: CIF
Country of Origin: Brazil
Quantity: 240,000 MT
Packing: Break Bulk
Loading Port: Novorossiysk port, Russia
Destination Port: Tanjung Priok port, Jakarta, Indonesia
Payment Terms: 100% vide an Irrevocable & Confirmed SBLC from a prime bank, payable at Sight

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Patsons International Corporation
#502, Zen Business Centre, Wakad, Pune 411057. INDIA.
Tel: +91 8830222817 • Mobile: +91 98197 29662
Email: patsons.international@gmail.com
Url. https://patsonsinternational.webs.com

Performance Bond: 2% BG will be issued by the Seller’s bank


Insurance: 110% of Invoice Value to be covered by the Seller
Shipment Leadtime: 3 to 4 weeks after receipt of payment instrument in seller’s bank
Transit Sailing Time: 22 to 23 days, depending on the shipping line
Inspection: Pre-shipment inspection to be conducted by SGS or any other third party inspection
agency at seller's cost

PROCEDURES:
1. Buyer sends LOI
2. Seller sends FCO to Buyer.
3. Buyer Sign, Stamps and returns FCO.
4. Buyer issues an ICPO with full banking details and soft probe authorization.
5. Upon receipt of ICPO, Seller sends Sales and Purchase Agreement (SPA).
6. Buyer & Seller mutually sign & stamp the SPA as a token of order confirmation.
7. Seller issues ‘Proforma Invoice’ (PI) and confirms to own bank upon receipt of signed SPA from
the Buyer.
8. Upon receipt of seller’s PI, Buyer arranges to open Letter of Credit (LC) as per terms & conditions
mentioned in the SPA.

Validity: This Offer is valid until Monday, December 04, 2023 - 6.00 PM IST.

We request you to follow the above procedures diligently and duly sign & stamp the FCO and return
it to us along with your ICPO. Based on your confirmation, we will arrange to issue you an SPA
(Sales & Purchase Agreement).

We look forward to proceeding together on the said transaction and future cooperation.

Best Regards,

Authorized Signatory
Abhay Patil
(CEO)
Patsons International Corporation

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