| PURCHASE CONTRACT ¡¡ The Sellers: DELING TRADE BV Address: P. O. Box 100, 3750 GC Bunsten, Holland The Buyers: DALIAN WEIDA TRADING CO., LTD. Address: No. 1 Beijing Road, Dalian Development Zone, Dalian, China Contract No.: CH/99/66.908 Date: Aug. 20, 1999 This contract is made by and between the Buyers and the Sellers, whereby the Buyers agree to buy and the Sellers agree to sell the under-mentioned commodity according to the terms and conditions stipulated below: -
COMMODITY AND SPECIFICATIONS: Demineralized Whey Powder Unit price: USD940.00/MT CIF Dalian Quantity: 119MT Total amount: USD111,860.00 -
COUNTRY OF ORIGIN: Finland -
PACKING: 25kg in 4-ply paper sacks with inner polyethylene liner and big bags. -
TIME OF SHIPMENT: No later than Sept. 30, 1999 -
PORT OF SHIPMENT: European Main Port -
PORT OF DESTINATION: Dalian, China -
INSURANCE: To be covered by the seller for 110% of invoice value covering All Risks and War Risks as per I.C.C. -
PAYMENT: To be effected by irrevocable letter of credit available by draft(s) at 90 days after B/L date sight for 100% of invoice value drawn by the Sellers. -
INSPECTION: Inspection result of CCIB at destination should be final. ¡¡ |