company profile gngroup (m) sdn. bhd.brotherwood.com.bd/doc/company profile 2021.pdf · 2021. 3....

Company Profile

GNGROUP (M) SDN. BHD.

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[email protected] www.gngmsb.blogspot.com [email protected] www.gngroupms.com

MALAYSIA | SINGAPORE INDONESIA | TURKEY

GNGROUP (M) SDN. BHD. (1174339-T) No.326, Jalan Ampang, 50450 Kuala Lumpur, Malaysia.

Tel / Fax: +60328569244

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TABLE OF CONTENTS SECTION SUBJEK

1. INTRODUCTION

2. GNGROUP GALLERY COLLECTION

3. PROOF OF TRANSACTION AND BUSINESS CERTIFICATION

4. MARKETING TARGET GROUPS

5. MARKET SIZE

6. MARKETING STRATEGY

7. DESCRIPTION OF PETROLEUM PRODUCTS

8. PRODUCT DESCRIPTION

9. HOW TO IMPLEMENT THE SUPPLY TO THE CUSTOMER

10. CONCLUSION AND CLOSING

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BAHAGIAN 1: PENGENALAN

“PRACTICE” By Executive Director

GNGROUP is based in Kuala Lumpur, Malaysia, Indonesia and Singapore. The operations are mainly concentrated in Europe, the United States, Asia and Southeast Asia, Thailand, Myanmar, Cambodia, Laos, Vietnam, the Philippines, and Indonesia.

Having the right product for our customers at the right time does not happen by chance. Responsive supply, distribution and planning groups enable GNGROUP to be in good standing to respond to unexpected changes in the marketplace, enhancing commercial advantages in robust marketing systems and expanding sales volumes.

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HASSANAL HASHIM IBRAHIM MANAGING DIRECTOR GNGROUP MALAYSIA

DR. SYAPOL MA’AROF MOHD

EXECUTIVE DIRECTOR GNGROUP MALAYSIA,

SINGAPORE & INDONESIA

NUR ATHIRAH MUSTAPA ADMINISTRATION DIRECTOR

GNGROUP MALAYSIA & SINGAPORE

AHMAD KAMAL IBRAHIM FINANCE & ANALYSIS DIRECTOR GNGROUP

MALAYSIA

GNGROUP have been established with a major focus on the trading of crude oil originated from Russian Europe and East of Middle. GNGROUP management is very experienced in the marketing of various types of oil models. At present, GNGROUP receives millions of Metric Ton of demand from some Southeast Asian customers. GNGROUP is a private group of companies united by a single strategy and vision.

We work with partners from Russia, Turkey, UK, Dubai, Philippines, Indonesia, Singapore, and Malaysia. Our customers operate in marine bunkering industry, power generation, automotive industry, printing, and trade. Our top priorities are high reliability and professionalism in high-risk projects, individual and non-standard approach, high effectiveness.

TEAM MANAGEMENT GNGROUP MALAYSIA, SINGAPORE & INDONESIA

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NAZRI ISHAK

FINANCE & BOARD DIRECTOR GNGROUP SINGAPORE,

IR. ISHRAQI MOHD NOR OPERATION & EXPORT DIRECTOR GNGROUP

MALAYSIA

NUR AISYAH MOHAMED SABRI P.A TO MANAGING DIRECTOR

GNGROUP MALAYSIA, SINGAPORE

MOHD RAIS NIDHAMI BOARD, EXPORT & DIRECTOR

GNGROUP INDONESIA

MD SAMLAN AHMAD ECONOMIST & LEGAL DIRECTOR

GNGROUP MALAYSIA

HAFIZAH KASSUAN LEGAL DIRECTOR

GNGROUP SINGAPORE

MOHD ZAIM ARIF ZULKEFLI ATTORNEY & ADVISOR GNGROUP MALAYSIA,

SINGAPORE, INDONESIA

SAFIAH IBRAHIM PURCHASING MANAGER

GNGROUP MALAYSIA, SINGAPORE, INDONESIA

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MOHD ASYARI MUSTAPA REGIONAL MANAGER GNGROUP MALAYSIA,


MOHD NABIL SAFIEI EXPORT & IMPORT ANALYSIS

MANAGER GNGROUP MALAYSIA

MOHD AZEEF KHAIRULLAH INSPECTION MANAGER GNGROUP MALAYSIA,


ZURFIKA HADISUL IMRAN

SALES MANAGER GNGROUP MALAYSIA, INDONESIA

ANISAH BINJAMIN SALES MARKETING EXECUTIVE


ROSMANIAH JUMBERI FINANCIAL MANAGER GNGROUP MALAYSIA,


SHAM SARAIL EXPORT COORDINATOR


ARBAAYAH ISMAIL PRODUCTS COORDINATOR

GNGROUP MALAYSIA, INDONESIA

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MANNANG LAJAH EXPORT & IMPORT MARKETING

GNGROUP MALAYSIA, INDONESIA

ASIRUL BIN JUNAIDI MEDIA EXECUTIVE GNGROUP

MALAYSIA, INDONESIA

AG. AZMAN AG. ISMAIL AUTHOR AND EDITOR GNGROUP MALAYSIA,


FARNAHAR SUHAILIN

SALES MARKETING MALAYSIA, INDONESIA

FATEHA ZALKEFILE ADVERTISING & PUBLICITY

GNGROUP MALAYSIA, SINGAPORE

NUR HANIM MUHAMMAD MEDIA AUTHOR GNGROUP

MALAYSIA, INDONESIA SINGAPORE

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GNGROUP MALAYSIA Company Name: GNGROUP (M) SDN. BHD. Business Registration Number: 1174339-T Date of Registration: 29, JANUARI 2016 Country: MALAYSIA Company Address: NO. 326, JALAN AMPANG, 50450 KUALA LUMPUR, MALAYSIA Telephone Number: +60328569244 Cell Phone Number +60176552849, +60129149690

TEAM NAME LIST OF GNGROUP

Hassanal Hashim Bin Ibrahim MANAGING DIRECTOR GNGROUP MALAYSIA Syapol Ma’ Arof Bin Mohd EXECUTIVE DIRECTOR GNGROUP MALAYSIA, SINGAPORE Nur Athirah Mustapa ADMINISTRATION DIRECTOR GNGROUP MALAYSIA & SINGAPORE Ahmad Kamal Ibrahim FINANCE & ANALYSIS DIRECTOR GNGROUP MALAYSIA Nazri Ishak FINANCE & BOARD DIRECTOR GNGROUP SINGAPORE Ishraqi Mohd Nor OPERATION & EXPORT DIRECTOR GNGROUP MALAYSIA Md Samlan Ahmad ECONOMIST & LEGAL DIRECTOR GNGROUP MALAYSIA Hafizah Kassuan LEGAL DIRECTOR GNGROUP SINGAPORE Mohd Rais Nidhami EXPORT & DIRECTOR GNGROUP INDONESIA Nur Aisyah Mohamed Sabri P.A TO MANAGING DIRECTOR GNGROUP MALAYSIA, SINGAPORE Muhammad Zaim Arif Zulkefli ATTORNEY & ADVISOR GNGROUP MALAYSIA, SINGAPORE Safiah Binti Ibrahim PURCHASING MANAGER GNGROUP MALAYSIA, SINGAPORE,

INDONESIA Mohd Nabil Bin Safiei EXPORT & IMPORT ANALYSIS MANAGER GNGROUP MALAYSIA Mohd Asyari Mustapa REGIONAL MANAGER GNGROUP MALAYSIA, SINGAPORE, INDONESIA Mohd Azeef Khairullah INSPECTION MANAGER GNGROUP MALAYSIA, SINGAPORE,

INDONESIA Zurfika Hadisul Imran SALES MANAGER GNGROUP MALAYSIA, INDONESIA Anisah Binjamin SALES MARKETING EXECUTIVE GNGROUP MALAYSIA, SINGAPORE Rosmaniah Jumberi FINANCIAL MANAGER GNGROUP MALAYSIA, SINGAPORE, INDONESIA Sham Sarail EXPORT COORDINATOR GNGROUP MALAYSIA, SINGAPORE,

INDONESIA Arbaayah Ismail PRODUCTS COORDINATOR GNGROUP MALAYSIA, INDONESIA Mannang Lajah EXPORT & IMPORT MARKETING GNGROUP MALAYSIA, INDONESIA Asirul Bin Junaidi MEDIA EXECUTIVE GNGROUP MALAYSIA, INDONESIA Ag. Azman Ag. Ismail AUTHOR AND EDITOR GNGROUP MALAYSIA, SINGAPORE, INDONESIA Farnahar Suhailin SALES MARKETING MALAYSIA, INDONESIA Fateha Zalkefile ADVERTISING & PUBLICITY GNGROUP MALAYSIA, SINGAPORE Nur Hanim Muhammad MEDIA AUTHOR GNGROUP MALAYSIA, INDONESIA, SINGAPORE

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CONTACT DETAILS Company Email: [email protected], [email protected] Company Gmail: [email protected], [email protected] Company Telegram: https://t.me/gngroupsb Company Page Facebook: https://www.facebook.com/gngroup2u Official Website: https://www.gngroupms.com Official Blogsite: https://gngroupmsdnbhd.blogspot.com, https://gngmsb.blogspot.com

BANKING & ADVOCATES & SOLICITORS INFORMATION

Company Bank Account: MALAYAN BANKING BERHAD, NO 2 & 3 JALAN MEMANDA 7, AMPANG POINT, SELANGOR, MALAYSIA

Firm Attorney: AIMEE & ZAIM ARIF, 66-2, JALAN TASIK UTAMA 7, 57000 PEKAN SUNGAI BESI, KUALA LUMPUR, MALAYSIA.

Bank Manager Name: AHMAD KAMAL IBRAHIM Name of Lawyer: MUHAMMAD ZAIM ARIF ZULKEFLI

THE SECRETARY OF THE COMPANY GNGROUP MALAYSIA Company Secretary Name NKGROUP BUSINESS SERVICES SDN BHD (1028967-D) Managing Director MOHAMAD BIN HARUN Address Company Secretary: NO 12-1, TINGKAT 1, JALAN KIJANG 1, TAMAN SUNTEX, 43200

CHERAS, SELANGOR, MALAYSIA. Telephone / Fax Number: +60395477000 / +60390746391 Mobile Number: +60109744100 Email Address: [email protected]

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GNGROUP REPRESENTATIVE WITH KOREAN’S BUYER IN KL

GNGROUP REPRESENTATIVE WITH MYANMAR’S BUYER IN KL

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BUYERS FROM THE PHILIPPINES PREPARE LC TO BE SENT TO GNGROUP MAYBANK MALAYSIA

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GNGROUP REPRESENTATIVE VISIT TO RUSSIA FOR CONTRACT AND COOPERATION

GNGROUP WAS INVITED BY THE TURKEY GIANT COMPANY FOR A MOU & COOPERATION

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INVITATION LETTER FROM SUNCITY TURKEY

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GALLERY COLLECTION IN ISTANBUL TURKEY

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GALLERY COLLECTION IN ISTANBUL TURKEY

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SIGNING CEREMONY BETWEEN GNGROUP AND THAILAND’S BUYER

SIGNING CEREMONY BETWEEN GNGROUP AND INDONESIA’S BUYER

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GNGROUP REPRESENTATIVE VISITS PARAMOUNT BUYER STORAGE TANK IN SUBIC MANILA PHILIPPINES

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GNGROUP REPRESENTATIVE VISITS PARAMOUNT BUYER STORAGE TANK IN SUBIC MANILA PHILIPPINES

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GNGROUP REPRESENTATIVE VISITS BUYERS STORAGE TANK IN BATAM, INDONESIA

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CONFIRMATION LETTER FROM BANCO BANK OF ITALY

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LC PAYMENT FROM DUBAI BUYER WAS SUCCESSFULLY RECEIVED

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PROOF OF EMAIL FEEDBACK FROM MAYBANK REGARDING LC

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LC PAYMENT FROM MYANMAR BUYER WAS RECEIVED OXFORD INVESTMENT BANK -PAGE 1

28/01/2020

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PROOF OF PAYMENT FOR STORAGE TANK PERFORMED BY BUYER NORWAY

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PROOF OF PAYMENT FOR STORAGE TANK PERFORMED BY BUYER NORWAY

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Proof of email sent by GNGROUP to Bank of DNB Norway

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The proof of SGS report was submitted by Supplier

20/09/2019

SYAPOL MA’AROF MOHD

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THE PROOF OF BL REPORT WAS SUBMITTED BY SUPPLIER

XXXXXXXXXXXXX

XXXXXXXXXXXXXXXXXXXXXX

Confidential

Confidential

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THE PROOF OF VESSEL TANKER DETAILS REPORT WAS SUBMITTED BY SUPPLIER

23/10/2019 SYAPOL MA’AROF MOHD

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THE PROOF OF MANIFEST OF CARGO DETAILS REPORT WAS SUBMITTED BY SUPPLIER

23/10/2019

SYAPOL MA’AROF MOHD

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PROOF OF TRACKING NUMBER (IMO NUMBER) JET A1 CARGO

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BUSINESS REGISTRATION GNGROUP MALAYSIA

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MARKETING TARGET GROUPS

Target groups identified as part of customers include:

a) The oil consumer countries consist of

GROUP 1 1. Philippines 2. Myanmar

3. Vietnam 4. Thailand

5. South Korea 6. Taiwan

7. Japan 8. Syria 9. Bangladesh

10. India

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GROUP 2

11. Spain 12. Italy

13. Germany 14. Greece 15. Turkey

16. France 17. Denmark

18. Austria 19. Poland 20. Czech Republic

GROUP 3

21. Brazil 22. Argentina

23. Sudan 24. Ghana 25. Trinidad and Tobago

b) the country of oil trading consists of:

GROUP 4 1. Indonesia

2. Singapore 3. Hong Kong

4. China 5. United Arab Emirates 6. United Kingdom

7. United States

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MARKET SIZE

Based on the analysis conducted in relation to the total number of target groups, estimated from 10 Customers as Examples of Market Size Estimates are as follows:

MARKET SIZE SCHEDULE

ITEM CLIENTS PETROLEUM OILS QTY PER MONTH QTY 12 MONTHS

1 PHILIPPINES Diesel EN590 25,000 MT 300,000 MT

2 SYRIA Gasoline 95 20,000 MT 240,000 MT

3 SOUTH KOREA Diesel EN590 25,000 MT 300,000 MT

4 USA Jet Fuel Grade A1 2M BBL 24 M BBL

5 ITALY Diesel EN590 50,000 MT 600,000 MT

6 SINGAPORE Diesel EN590 50,000 MT 600,000MT

7 JAPAN Jet Fuel Grade 54 2M BBL 24 M BBL

8 MYANMAR Diesel EN590 15,000 MT 180,000 MT

9. SPANYOL Diesel EN590 50,000 MT 600,000 MT

10. DUBAI Diesel EN590 50,000 MT 600,000 MT

Note: Other Clients have not been included in the table

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MARKETING STRATEGY

Promotional strategy developed by GNGROUP (M) SDN. BHD. to introduce the business

to the external market is through:

A. Provide Website, Blogsite, Social Media Pages to provide product information,

sales procedures, payment terms and conditions, how-to guides and so on. B. Provide business profiles to potential customers such as companies to secure

long-term supply contracts. C. Distribute pamphlets and brochures periodically to target groups D. Enhance large-scale information sharing activities through email, social media,

and various strategic publications E. Provide a sales consultant to receive invitations from customers, to discuss the

buying and selling process F. Distribute business cards to potential customers.

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DESCRIPTION OF PETROLEUM PRODUCTS

Generally, the countries of the world have two major differences. This difference is

interpreted based on the supply of petroleum oil.

The country of oil producers is an exporter of oil and gas while the country of oil customers is an importer of oil.

We all know how important it is requirements of this petroleum oil as basic materials and main uses as a source of energy, the source of the materials of all

industries and their uses are in almost every aspect of human life. All air, land and sea vehicles can move from petroleum products such as gasoline,

diesel, Jet Fuel and Gasoline. Similarly, all machinery used for the industry also needs petroleum fuel.

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To summarize the explanation, Petroleum oil is one of the most widely traded commodities in demand.

Fluctuations in oil prices worldwide can have a huge impact on the health of the

country's economy, whether they are oil producers or oil consumers. Any rise or fall in oil prices can affect the economy of oil production. However, oil

importing countries are more prone to fluctuations in oil prices because oil is priced and sold in Dollar currencies. Although attempts are made to move to a more sustainable

fuel source, petroleum oil is still in high demand and storage is limited.

FACTORS THAT MAY AFFECT OIL PRICES

1. The Organization of the Petroleum Exporting Countries (also known as OPEC) can affect oil prices by increasing or decreasing production among its member countries.

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2. As oil is priced in the US Dollar, when the dollar depreciates, in general, oil prices rise, and vice versa.

3. Seasonal considerations, including non-seasonal weather, also affect oil prices. The

sophistication of technology has made alternative technologies for the development of crude oils, such as tar sand and oil scarves more accessible. These alternatives have the potential to provide fuel for decades to come. Any development in this field has the

potential to affect prices.

4. Global climate change is more noticeable; most would say because of carbon emissions from our dependence on fossil fuels.

5. In recent years, great emphasis has been placed on developing sustainable sources of energy such as fuel cells, ethanol fuel, liquid natural gas, solar and more, hoping to

reduce global dependence on oil.

6. The current decline in prices of petroleum products is due to the continued decline in global crude oil prices due to the global economic uncertainty caused by the COVID-19 pandemic.

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PRODUCT DESCRIPTION

Petroleum Oil is the headline in our trading menu, the list of types and models of high-

demand petroleum oils and the worldwide market is as follows: LIST OF PETROLEUM PRODUCTS

ITEM PRODUCT TYPE

1 DIESEL-GAS OIL L0.2-62 GOST 305-82 (DIESEL D2)

2 MAZUT M100 GOST 10585-75 OR 99

3 JET A191/91 (AVIATION KEROSENE COLONIAL GRADE A1)

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4 JET FUEL JP54 (AVIATION KEROSENE COLONIAL GRADE 54)

5 HSD2 (HIGH SPEED DIESEL) 50PPM

6 RFO VIRGIN D-6

7 DIESEL EN590 10PPM: EURO 5 OR EURO 4

8 EXPORT BLEND CRUDE OIL (REBCO) – GOST 51 858-2002 OR GOST 9965-76

9 HSD2 GAS OIL L-0.2-62 GOST 305-82 AGO (AUTOMATIVE GAS OIL)

10 LIQUEFIELD PETROLEUM GAS (LPG)

11 LIQUEFIELD NATURAL GAS 5542-87 (LNG)

12 BITUMEN: 40/50.60/70&80/100/ PEIROLEUM ASPHALT

13 UREA N46% GRANULAR

14 CST-180 FUEL OIL

15 SUPER GASOLINE 91 RON (UNL) 93, 89, 95 OCTANES

16 BASE OIL SN.150, SN 100, SN 300, SN 500

17 LIGHT CRUDE OIL

18 LIGHT CYCLE OIL

19 PETROLEUM COKE (PETCOKE)

3A. SOURCE OF SUPPLY

The source of petroleum supply is from Russia. Russia's petroleum industry is one of the largest in the world. Russia has the largest reserves and is the largest exporter of natural gas, has the second largest coal reserve, the eighth largest oil reserve and is

one of the largest oil producers.

Russia produced an average of 10.83 million barrels (1,722,000 m3) of oil a day in December 2015. It produces 12% of world oil and has a similar share of global oil exports. In addition, Russia is the main transit country for oil from Kazakhstan.

Russia has the largest proven reserves including Sources from the US CIA (47.6 trillion

cubic meters), US Energy Information Administration Resources (47.8 cm) and OPEC (48.7 cm). However, Russia's BP loses just 31.3 cm on January 1, 2014, which would place it second, slightly behind Iran (33.1 to 33.8 cm, depending on sources). In

addition to having the largest proven natural gas in the world, according to the US Geological Survey estimates, Russia may also have the largest amount of natural gas

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yet to be found in the world: a total potential of 6.7 trillion cubic meters. The USGS estimates for the Russian oil have not been found at 22 billion barrels.

RUSSIAN OIL PRODUCTION AND EXPORT GRAPHS

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COMPARATIVE SCALE OF OIL EXPENDITURE IN THE WORLD FROM 1973 - 2016

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3B. OIL COMPANY AND RUSSIAN GAS Rosneft is Russia's largest oil company followed by Lukoil Company,

Surgutneftegaz, Gazprom and Tatneft.

All oil pipelines (except for the Caspian Pipeline Consortium) are owned and operated by the Russian state-owned Transneft and oil pipelines owned and operated by its subsidiary Transnefteproduct.

1. GAZPROM

2. LUKOIL 3. ROSNEFT 4. SURGUTNEFTEGAS

5. TATNEFT 6. NORTHGAS

7. TRANSNEFT 8. BASHNEFT

9. RUSSNEFT 10. ITERA 11. NOVATEK

GAZPROM:

Russia's Natural Gas Monopoly, The World's Largest Gas Exploration And Production Company

ROSNEFT: Is A Russian Oil And Gas Exploration Company

TATNEFT: Russian Pipeline Monopoly

BASHNEFT:

Russian Oil Company Is One Of The Largest Oil Producers In The Country

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RUSSIA HAS PROVEN TO BE THE BEST SOURCE, FOR EXAMPLE PERTAMINA OIL COMPANY TAKE THE PETROLEUM SUPPLY FROM ROSNEFT RUSSIA

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HOW TO IMPLEMENT THE SUPPLY TO THE CUSTOMER

The following are the steps in the process of supplying oil from Russia to oil customers

through the GNGROUP (M) SDN BHD transaction if the purchase capital is ready:

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

Country Receiving Bank: Malaysia or Seller Options

STEP 1 GNGROUP provides to buyers: a) SOFT CORPORATE OFFER (SCO)

b) TEMPLATE ICPO FORMAT

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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 SWIFT MT199 Follow by SWIFT MT760 Via SBLC/BG or SWIFT MT710 Via USSANCE LC or SWIFT MT700 Via DLC AT SIGHT to seller nominated

bank and sends swift Copy to Seller STEP 5

Seller Post 2% PB to buyer bank after authentication and verification of the SBLC/USSANCE LC/DLC AT SIGHT 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

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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 FOR CIF ASWP TRIAL/CONTRACT Country Receiving Bank: Malaysia or Seller Options

STEP 1

GNGROUP provides to buyers: a) SOFT CORPORATE OFFER (SCO) b) TEMPLATE ICPO FORMAT

c) TEMPLATE BCL FORMAT

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

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GNGROUP provides to buyers: 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 MT199 Follow by SWIFT

MT760 Via SBLC/BG or Swift MT710 Via USSANCE LC or SWIFT MT700 Via DLC AT SIGHT to seller nominated bank and send swift copy to Seller. But if the buyer fails to

issue SWIFT MT199 Follow by SWIFT MT760 Via SBLC/BG or Swift MT710 Via USSANCE LC or SWIFT MT700 Via DLC AT SIGHT 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.

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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. 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.

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.

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CONCLUSION AND CLOSING

IN SHORT

Worldwide sources of supply drive several companies from Singapore, Hong Kong and Dubai to appear as the most successful trading groups in the world dominating the area

of trading, export and import. The success of the petroleum supply project will not only benefit GNGROUP and its

partners but will also have a positive effect on encouraging Malaysian Bumiputera companies to become professional traders in which trading, export and import are a

golden opportunity, a broad wave and a never ending accomplishment to be explored and controlled by Malaysians

CLOSURE From this presentation, GNGROUP is positive that this partnership and business will

provide exciting returns. The success achieved will have a great impact on the bumiputera community and the nation for mutual benefit. GNGROUP hopes to gain the support and cooperation of the Government of Malaysia. Therefore, GNGROUP is

optimistic about its viability and ability to thrive in the eyes of the world. God willing.

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Allah said:

Whoever will come to Allah with a good deed shall have ten times as much, and whoever will come to Allah with an evil deed, shall be requited with no more than the

like of it. They shall not be wronged. (Qur’an Al-An'am: 160) “And whoever is mindful of Allah, He will grant them a way out, and will provide for

them in ways unimagined. And whoever places their trust in Allah, then Allah is their sufficiency. Allah’s affair will surely come to pass–and Allah has made a clear decree for

everything.” (Qur’an, Al-Talaq: 2-3) From Ibn Umar R.A, the prophet Muhammad S.A.W said:

'Whoever releases a trouble from a Muslim then Allah frees him from the difficulty of the Day of Judgment. And whoever conceals (disgrace) a Muslim then Allah closes

(disgrace) on the Day of Judgment (Sahih Al-Bukhari)

Hopefully with the cooperation of all parties, this project will succeed. May this noble effort be merited by Allah S.W.T. Insyallah.

Best regards from all of us; Board of Directors and Members of

GNGROUP (M) SDN. BHD.