ULTIMATE VENTURE ENTERPRISE

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We main product/services:
  • Electronics Component
  • D2
  • Iron Ore
  • Icumsa
    • Company Profile:
    Year Established:2006
    Businss Type:Trading Company
    Contact:Ms. Elaine Poh Ee Tan (CEO)
    Telphone:6-012-4951626
    Fax604-642-1378
    MobilePhone:006012-492-7268
    Web Site:
    Zip:11900
    Country/Region:
    Province/State:Penang
    City:Bayan Lepas
    Address:49, Lkk Kenari 1    
    Product display:More
    Introduce:
    OPERATIONS PROCEDURES:-
    1) Buyer issue ICPO with proof of fund (POF) (attn to: THE PRINCIPAL SELLER; Through: BCB COMMODITY TRADING SDN BHD - SELLER MANDATE.
    2) Seller issues draft (CONTRACT) of SPA to Buyer to review and makes necessary adjustments if needed. Once completion from the buyer is made and approved by the seller, both parties will sign the soft copy.
    3) Buyers Bank issues Non-Operative financial instrument to sellers bank by means of swift, Bank to Bank
    4) After receiving non-operative financial instrument from buyers bank, Sellers Attorney will issue Confirmation of availability of product and confirm the sellers capability to pay 2% penalty for the face value of the Financial Instrument if the seller cannot comply with the delivery agreement (send by TELEX/FAX to Buyers Bank), the Sellers shipping agent will confirm the availability of products with the buyer shipping agent.
    5) Shipment will start according to conditions of the contract and agreed schedule.
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