JOINT VENTURE CONTRACT AGREEMENT FOR “PROFIT SHARING 50% - 50%”
SBLC- PROVIDER AND FUNDER
Standby Letter of Credit (SBLC)
NON-CRIMINAL ORIGIN
USD 20 MILLION
AFTER PAYMENT WITHIN 7 BANKING DAYS, DELIVERING TO FUNDER BANK BY BANK BONDED COURIER
AFTER SUBTRACTING ANY CHARGES AND FEES OF USD 20 MILLION
50% [FROM THE LEFT PARTS OF USD 20 MILLION] TO PALAME RESOURCE TREASURY SOLE CO.,LTD
50% [FROM THE LEFT PARTS OF USD 20 MILLION] TO INVESTOR/FUNDER
PHET NGOEN THONG COMPANY LIMITED
MR. CHUTIPHON KHUMCHOO
PALAME RESOURCE TREASURY SOLE CO.,LTD
MR. PANYA THONGPHANITH
OCTOBER 29, 2014