Buyer needs to do this..

 Hope this will help to close the deal:-

BGSB’s 25k acre of Palm oil land in Kinabatangan, Sabah in two CL titles

What an interested buyer need to do..

1. Prepare a bank draft for 5% of the sale price of RMXXXm at RMXX,000 per acre.
2. Get a letter of interest addressed to Borneo Glow Sdn. bhd. attention Joshua Y. C. Kong
3. The bank draft would be deposited with the buyer’s lawyer.
4. A copy of the bank draft to be sent by email to jknow823@gmail.com together with the letter of interest.
5.  on receipt of the bank draft and loi, we will forward this to the  “joint sellers.”
6. the “joint sellers” would have to sign an moa on the commission payable to 4 groups including the sellers and buyer side.
7. The arrangement would be arranged by lawyers on both sides after a MOA is done between the buyer and the Sellers when

the bank draft would be handed over to the lawyer of the “joint sellers”.

8. A site visit can be arranged and once the deal is on, the Sale & Purchase Agreement would be ready within 6 months.
9. Terms and conditions would be spelt out on the payment schedule in S& P.

                                                                                                                                                              

[NB:  the joint sellers would not issue option letter or PA document]



my handphone is 6013-8394513 & 6012-8380897

The stumbling block now is that many people want to buy
BGSB plantation but never come up with the solid documents namely the 5% as commitment fee and the LOI together with some bank's support if available.

BGSB cannot come up with a resolution which need to be handled by a board of director's meeting.

BGSB and UMaB want to be in background of this latest deal.
There is already a gentle agreement but confidential.

If my friend could come up with resolution, he could have concluded the deal long ago.

Also nobody has come out with 5% earnest money in a bank draft.

After 5% bank draft is obtain together with LOI from the buyer, you just send me a scanned copy by email and the same to be handed to the buyer's lawyer for safe keeping until the time the BGSB agrees to enter the deal.

The bank draft would be payable to Borneo Glow Sdn. Bhd. and the LOI addressed to BGSB but attention to Joshua Y. C. Kong C/o P. O. Box 11923, 88821 Kota Kinabalu.

Once I get the essential two items (copy only), I and my friend will approach BGSB for our commission as per MOA signed by the groups working at this including the buyer side.