0 Pmta Glamour Credit Suisse Singapore SBLC Mt799pa 799rwa MT760
0 Pmta Glamour Credit Suisse Singapore SBLC Mt799pa 799rwa MT760
BY AND BETWEEN:
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AND
WHEREAS
WHEREAS the Parties desire to conduct and have conducted various discussions
concerning a business relationship by and between the Parties in connection with the
various Investment Projects for Real Estate Development and green energy (hereinafter
referred to as “Project”) in Singapore, and various related and/or similar business
activities and relationships related to the Project; and
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WHEREAS Party A and or its affiliates, agents or nominees hereby warrants and
represents that it has the financial capability and is Ready, Willing and Able to provide an
investment with clean, clear and non-criminal sources of funds to Party B via bank to
bank one (1) or various SBLC via MT799-PA (reply by receiver via MT799-RWA) and
MT760 in the maximum total amount of USD/EURO 1,000,000,000.00 (One Billion Dollar
as lawful currency of United States of America or Euro as lawful currency of Europe
Union) cash back free of liabilities and encumbrances of any kind, first tranche of
maximum amount of USD/EURO 500,000,000.00 (Five Hundred Million Dollar as lawful
currency of United States of America or Euro as lawful currency of Europe Union) roll and
extension cash back free of liabilities and encumbrances of any kind, that party A wants
that Party B MONETIZES IT in order for Party A to invest in several various projects. The
SBLC will be issued within a maximum of three (3) banking days after this agreement is
signed and Party-A Obligations point (i) are met.
WHEREAS, Party B, and or its affiliates, agents, or nominees, hereby warrants and
represents that it has the direct and/or indirect contacts, resources, funding, and
expertise to be able to Monetize the SBLC issued by Party A and or its affiliates, agents, or
nominees bank.
WHEREAS it is the intent of the Parties hereto to set forth the terms and conditions of
their working relationship in this Agreement.
IT IS AGREED AS FOLLOWS,
1) That the Parties shall enter into this Agreement by affixing their respective signatures
below, along with the date of affixing said signatures.
2) This Agreement defines the working relationship of the Parties and sets forth their
legal and binding obligations to each other to strategically cooperate jointly as
principals to expand their mutual business opportunities in connection with the
Project, it being understood and agreed by the Parties that each shall contribute
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3) The overall concept and responsibilities agreed by the Parties would be as follows:
(i) To send each SBLC via two (2) SWIFT one SWIFT MT799 Pre-Advice to follow (upon receiving
SWIFT MT-799-RWA by receiver) by SWIFT MT760 bank to bank with a value of each SBLC
cash backed from ISSUER Bank located at place mentioned above, and Designated Bank
Account listed herein below within 5 banking day after this contract is signed.
(ii) OPTIONAL DELIVERY (FAST TRACK OPTION): To send each SBLC via two (2) succesivesly same
day SWIFTs one SWIFT MT799 Pre-Advice to follow by SWIFT MT760 bank to bank.
(v) Party A designated Partner Account from where each SBLC via SWIFT MT799PA and MT760
will be transferred from and MT799 RWA will be received in:
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(vi) INSTRUMENT:
(iii) Party B designated Account to receive direct SWIFT MT799 Pre-Advice and SWIFT
MT760 and to issue MT799-RWA (RWA not mandatory on fast track option) bank
to bank where each SBLC will be transferred to:
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c) Each SBLC will be returned back to PARTY A and sends it to issuer's designated
bank (ISSUER BANK), free of all/any liens, encumbrances or contingencies
within 15 days after the maturity of the SBLC.
g) The 50% or 100% estimate trading return of the as agreed% face value of two
SBLC of $xxxMillion and $xxx Million will be distributed under Party A
instructions as agreed% to one Party A-group (USA) and as agreed% to other
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5) The Parties, each with full corporate and legal authority, hereby confirm that they are
ready, willing, and able to commence with this transaction and will promptly perform
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any and all of their respective obligations hereunder so as to carry out the intent of the
Project.
PMTA does not guarantee returns and assumes no liability for any losses resulting from its
use. Party B, its directors, and employees, accept no responsibility for possible errors or
admissions on the part of third parties.
Party B, reserves the right to modify these conditions at any time, with immediate effect
and you shall be considered notified of the fact through the notification by any means of
the modified conditions on this investment.
7) Risk statement
Investor should be aware of the risks associated with investment. Please remember that
past performance is not necessarily a guide to the future does not guarantee and is not
indicative of future results.
8) Confidentiality
Party B ensures the confidential use of any information of a personal nature provided to
us through this PMTA. Moreover, Party B states that, at all times, it complies with and
respects the law regarding data of a personal nature.
Investor ensures the confidential use of any information of a personal nature provided by
Manager through this PMTA.
(A) Party Contact: It is specifically understood and agreed by the Parties that the only
contact with respect to any item(s), issue(s), term(s), condition(s) or matter(s) of any
degree or nature whatsoever, that may arise from the subject Project, or any part
thereof, shall occur only by and between the respective designated representatives of
the Parties.
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This Agreement, including, but not limited to, any and all correspondence, amendments,
memorandums, cables, telexes or related materials, either attached hereto or
attached subsequent to the execution of the Agreement by the Parties, are to be kept
strictly private and confidential and shall not be copied, reproduced or disclosed in
any manner whatsoever, including, but not limited to, any and all terms and
conditions contained therein, to any third party except those entity(s) and or
person(s) who of necessity must be involved “on a strict need to know basis”.
Inasmuch as various third parties, including agents and/or intermediaries, may be entitled
to certain fees, by contractual agreement by either of the Parties, the Parties shall
agree in advance as to the limit and scope of any such disclosures, such disclosures
not being deemed hereunder to be on a “need to know basis”.
(B) Banking Costs: Party A will be responsible for all banking costs involving transfers,
disburse of funds, payments that are relevant to this entire agreement and will be
deducted from each payment Party B has to pay to Party A or its designated
representative.
(C) Assignment: None of the Parties may assign or delegate its interest or duties either
written or implied hereunder without the prior written consent of the other Parties.
Such consent shall not be unreasonably withheld by any of the other Parties.
(D) Cooperation: The Parties agree that each shall promptly execute any and all
reasonably required documentation required by the other Party so as to fulfill their
respective obligations hereunder or facilitate the operation of the Project.
(E) Non-Circumvention: The Parties agree and declare not to circumvent each other which
would result in the reduction or elimination of the profit sharing described herein
above and or give disclosure to any third party, any information received through the
cooperation between the Parties. This is in reference to and to the standards of the
International Chamber of Commerce, Paris, France, which shall be strictly interpreted
and will remain in force for a period of the longer of Five years from the date of the
signing of this Agreement or the expiration of all contracts which are entered into by
the Parties with third parties. The Parties have entered into a separate Non-Disclosure
and Non-Interference Agreement a copy of which is attached hereto and made a part
hereof as Exhibit “A”.
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(F) Taxes: Each Party shall be responsible for their respective taxes imposed by any
governmental agency or authority arising out of or related to the Project and any and
all transactions that occur either as a direct result or otherwise as a result of the
Project.
(G) Legal Counsel: The Parties confirm and acknowledge that there has been adequate
time to consult with legal counsel of their choice prior to execution of this Loan
Investment Agreement and that the facts, obligations and rights hereunder are fully
understood.
(H) Fees: Each Party shall be responsible for their respective brokerage or intermediary
fees incurred or obligated by said Party that may be due or arise out of or related to
the Project as contemplated in this Agreement.
(I) Entire Agreement: This Agreement encompasses the entire Agreement by and
between the Parties and any and all related parties to said Parties, and supersedes
any and all prior representation, understandings and agreements between the Parties
and governs any and all purchases and sales by and between the respective Parties.
No oral or written statements or representations not contained in this Agreement
shall have any force or effect. It is expressly understood and agreed by the Parties that
any change(s), modification(s), amendment(s) or waiver(s) of any terms or conditions
of this Agreement, or any consent required hereunder, must be in writing and signed
by the Parties so as to have any force or effect.
(J) Authority: The Parties hereto acknowledge that they are either corporations or
partnerships duly organized, validly existing and in good standing under the laws of
their country of incorporation or formation or that they are individuals in good
standing under the laws of their country of residence and have the power, authority,
and ability to perform all of their obligations as defined herein.
(K) Not A Joint Venture: It is specifically understood and agreed by the Parties hereto that
this Agreement shall not create, nor shall it be construed to create, any partnership or
joint venture relationship of any kind or nature between the Parties. No relationship is
or has been created by or among the Parties, or by and between the Parties and/or
the related parties, corporate and individually, affiliates, agents, and nominees of
each Party, other than that which has been specifically expressed and defined in this
Agreement.
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(L) Facsimile Transmission: It is agreed by the Parties that a facsimile copy of this
Agreement, or any associated documents to this Agreement, are valid and legal and
shall be considered as original documents. Facsimile and/or electronic signatures shall
have the same force and effect as original signatures.
(M) Counterparts: This Agreement may be executed in counterparts, each of which shall
constitute an original, but all of which shall constitute one and the same Agreement.
(N) Governing Law and Arbitration: This Agreement shall be construed in accordance with
the laws of United Kingdom without giving effect to any conflicts of law principles. The
Parties hereto acknowledge and agree that any discrepancy and/or dispute in
application of this Agreement will be solved amicably, but if this is not possible the
Parties hereto acknowledge and agree that any claim or controversy arising out of or
relating to any part of this Agreement, or the breach thereof, that is not settled
between the Parties themselves, shall be submitted to binding arbitration in the UK
for resolution. In the event of any dispute arising out of this Agreement the prevailing
Party shall be entitled to an award of reasonable attorney fees, including costs of
litigation and appellate fees. This Agreement is intended to be performed in
accordance with, and only to the extent permitted by all applicable laws of
jurisdiction, ordinances, rules, and regulations. If any provision of this Agreement be
considered invalid or unenforceable, then, the reminder of this Agreement shall not
be affected and shall be enforced to the greatest extent permitted by law.
(O) Headings: Any headings or terms contained herein are intended solely for the sake of
convenience and simplicity and are not intended in any manner to define or affect the
true meaning or interpretation of the intent of the language contained herein.
(P) Notices: Any notice provided for or concerning this Agreement shall be in writing and
be deemed sufficiently given when sent as set forth below to the respective address
of each party as set forth at the beginning of this Agreement.
All notice(s) required or permitted to be given hereunder shall, as elected by the person
giving such notice(s), be delivered personally, by courier, recognized international
carriers such as DHL or FedEx, or by prepaid registered or certified mail. All notices
and other communications shall be deemed to have been given on the day of receipt
if delivered.
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(i) This Agreement may be executed in multiple copies at different times and places, each being
considered an original and binding. All facsimile /electronic transmittal/communications,
including electronic signature is valid and accepted as a manual signature, relating to this
Agreement and which are mutually accepted by the Parties, shall be deemed legally binding
and enforceable documents for the duration of the transaction. And as applicable, this
Agreement shall incorporate:
1. U.S. Public Law 106-229, ''Electronic signatures in Global and National Commerce Act'' or
any other applicable law that conforms to the UNCITRAL model law on Electronic Signatures
(2001) and
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INVESTOR´S PASSPORT
In accordance with Articles 2 through 5 of the Due Diligence Convention and the Federal Banking Commission Circular of December
1998, and under the US Patriot Act of 2002, as amended in February 2003 concerning the prevention of money laundering and 305 of
the Swiss Criminal Code, the following information may be supplied to banks and/or other financial institutions for purposes of
verification of identity and activities of the Client described below, and the nature and origin of the funds which are to be utilized. The
foregoing is subject to agreement by all parties to whom this information is provided that they are obligated to respect the privacy
rights of the Client and all individuals described herein, as well as the generally accepted professional standards relating to the
maintenance of confidential information, and to take all appropriate precautions to protect the confidentiality of the information
contained herein, This legal obligation shall remain in full force indefinitely without restriction
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LIVE
https://www.hkcorporationsearch.com/companies/1058246/#google_vignette
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WE --- (TBA) --- WITH FULL BANKING RESPONSIBILITY, HEREBY CONFIRM THAT WE ARE READY, WILLING
AND ABLE TO ISSUE AND DELIVER OUR STAND BY LETTER OF CREDIT VIA SWIFT MT760 IN FAVOR OF YOUR
CLIENT / RECEIVER, GLAMOUR INVESTMENT DEVELOPMENT LIMITED WITH ACCT. NO. 129322, AS
BENEFICIARY, WITH A VALIDITY OF ONE (1) YEAR AND ONE (1) DAY SINCE DATE OF ISSUE, IN THE FACE
AMOUNT OF --- (TBA) --- EURO ONLY --- (TBA) ---
FOR VALUE RECEIVED, WE THE UNDERSIGNED --- (TBA) --- LOCATED AT --- (TBA) --- AND ON BEHALF OF ---
(TBA) --- WITH ACCOUNT NUMBER: --- (TBA) --- HEREBY CONFIRM WITH FULL BANKING RESPONSIBILITY,
IRREVOCABLY AND UNCONDITIONALLY WITHOUT PROTEST OR NOTIFICATION PROMISE TO PAY, ON FIRST
DEMAND, AT THE MATURITY DATE --- (TBA) --- THIS STANDBY LETTER OF CREDIT NO. --- (TBA) --- WITH
ISSUE DATE: XXXXXXX IN FAVOR OF GLAMOUR INVESTMENT DEVELOPMENT LTD FOR THE AMOUNT OF
EURO --- (TBA) --- / --- (TBA) --- EURO)
THIS PAYMENT WILL BE MADE AVAILABLE UPON PRESENTATION AND MATURITY OF THIS STANDBY LETTER
OF CREDIT AT OUR COUNTERS. PAYMENT SHALL BE MADE WITHOUT SET-OFF AND SHALL BE
UNENCUMBERED FREE AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEES OR WITHHOLDING OF ANY
NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE
GOVERNMENT OF UNITED KINGDOM OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF
ORTHEREIN.
THIS STANDBY LETTER OF CREDIT IS FULLY CASH BACKED WITH FUNDS ON DEPOSIT THAT ARE GOOD,
CLEAN CLEARED OF NON-CRIMINAL ORIGIN, FREE OF ANY LIENS OR ENCUMBRANCES, LEGALLY EARNED BY
THE APPLICANT. THIS STANDBY LETTER OF CREDIT IS UNCONDITIONAL, ASSIGNABLE, NON-TRANSFERABLE,
CALLABLE AND DIVISIBLE WITHOUT PAYMENT OF ANY TRANSFER FEES, AND CONFIRMED WITHOUT
PRESENTATION TO US AND SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF
UNITED KINGDOM.
OUR LIABILITY UNDER THIS STANDBY LETTER OF CREDIT SHALL BE VALID AND BINDING UP TO THE STANDBY
LETTER OF CREDIT AMOUNT AND SHALL IN NO WAY BE AFFECTED BY ANY CHANGE IN THE BENEFICIARY'S
STATUS OR CONSTITUTION NOR BY THE BENEFICIARY'S LIQUIDATION, WINDING UP, BANKRUPTCY,
INSOLVENCY OR ANY OTHER CHANGE WHATSOEVER IN THE BENEFICIARY'S STATUS.
THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES FOR
DOCUMENTARY CREDITS IN ACCORDANCE WITH THE INTERNATIONAL CHAMBER OF COMMERCE, PARIS
(FRANCE), AND PUBLICATION NO ICC LATEST REVISIONS. THIS SWIFT MT760 CAN BE VERIFIED ON A BANK-
TO-BANK BASIS VIA AUTHENTICATED SWIFT ONLY. ISSUING BANK WILL NOT ENTERTAIN ANY TELEPHONE
CALLS, NO FAXES, NO EMAIL, AND NO WALK-IN VERIFICATION IS ALLOWED. ALL COMMUNICATION MUST
BE DONE VIA AUTHENTICATED SWIFT.
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THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR
DOCUMENTARY CREDIT (LATEST VERSION) OF INTERNATIONAL CHAMBER OF COMMERCE (ICC),
PUBLICATION 500/758 THIS IS AN OPERATIVE INSTRUMENT.
MT 760 (500 MILLION EURO / USD)
FOR VALUE RECEIVED, WE, THE UNDERSIGNED --- (BANK’s NAME) --- , LOCATED AT --- (BANK’s ADDRESS) --- AND ON
BEHALF OF --- (BANK’s NAME) --- WITH ACCOUNT NUMBER: --- (TBA) ---, HEREBY CONFIRM WITH FULL BANKING
RESPONSIBILITY, IRREVOCABLY AND UNCONDITIONALLY WITHOUT PROTEST OR NOTIFICATION PROMISE TO PAY, ON
FIRST DEMAND, AT MATURITY DATE --- (TBA) --- THIS STAND-BY LETTER OF CREDIT NO. --- (TBA) --- WITH ISSUE DATE:
--- (TBA) --- IN FAVOR OF GLAMOUR INVESTMENT DEVELOPMENT LTD. FOR THE AMOUNT OF EURO --- (TBA) --- (---
(TBA) ---)
THIS PAYMENT WILL BE MADE AVAILABLE UPON PRESENTATION AND MATURITY OF THIS STAND-BY LETTER OF CREDIT
AT OUR COUNTERS. PAYMENT SHALL BE MADE WITHOUT SET-OFF AND SHALL BE UNENCUMBERED FREE AND CLEAR OF
ANY DEDUCTIONS, CHARGES, FEES OR WITHHOLDING OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED,
COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF UNITED KINGDOM OR ANY POLITICAL SUBDIVISION OR
AUTHORITY THEREOF ORTHEREIN.
THIS STAND-BY LETTER OF CREDIT IS FULLY CASH BACKED WITH FUNDS ON DEPOSIT THAT ARE GOOD, CLEAN, CLEARED
OF NON-CRIMINAL ORIGIN, FREE OF ANY LIENS OR ENCUMBRANCES, LEGALLY EARNED BY THE APPLICANT. THIS
STANDBY LETTER OF CREDIT IS UNCONDITIONAL, ASSIGNABLE, NON-TRANSFERABLE, CALLABLE AND DIVISIBLE
WITHOUT PAYMENT OF ANY TRANSFER FEES, AND CONFIRMED WITHOUT PRESENTATION TO US AND SHALL BE
GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF --- (TBA) ---.
OUR LIABILITY UNDER THIS STAND-BY LETTER OF CREDIT SHALL BE VALID AND BINDING UP TO THE STAND-BY LETTER
OF CREDIT AMOUNT AND SHALL IN NO WAY BE AFFECTED BY ANY CHANGE IN THE BENEFICIARY'S STATUS OR
CONSTITUTION NOR BY THE BENEFICIARY'S LIQUIDATION, WINDING UP, BANKRUPTCY, INSOLVENCY OR ANY OTHER
CHANGE WHATSOEVER IN THE BENEFICIARY'S STATUS.
THIS STAND-BY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES FOR DOCUMENTARY
CREDITS IN ACCORDANCE WITH THE INTERNATIONAL CHAMBER OF COMMERCE, PARIS (FRANCE), AND PUBLICATION
NO ICC LATEST REVISIONS.
THIS SWIFT MT760 CAN BE VERIFIED ON A BANK-TO-BANK BASIS VIA AUTHENTICATED SWIFT ONLY. ISSUING BANK WILL
NOT ENTERTAIN ANY TELEPHONE CALLS, NO FAXES, NO EMAIL, AND NO WALK-IN VERIFICATION IS ALLOWED. ALL
COMMUNICATION MUST BE DONE VIA AUTHENTICATED SWIFT.
THIS STAND-BY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDIT
(LATEST VERSION) OF INTERNATIONAL CHAMBER OF COMMERCE (ICC), PUBLICATION 758 THIS IS AN OPERATIVE
INSTRUMENT.
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Each of the above Parties agrees and understands that any overt or covert action of
circumvention prescribed by this Agreement shall be a fraudulent act against the other
Party and will be subject to judicial action, recompense for damages, possible punitive
damages and injunctive relief imposed by the legal process.
We the undersigned herewith referred as the Receiver, under penalty of perjury do
hereby irrevocably confirm and irrevocably accept to pay all intermediaries and fee
holders at the same time and in a manner as the Sender is being paid for each and every
transaction of this contract up to the completion of the contract plus rollovers and
extensions and in accordance with the bank details to be specified in the hard copies of
this contract.
We, the Receiver, irrevocably confirm that we will order and direct our bank to endorse
automatic payment orders to the beneficiaries named below; furthermore, we, the
Receiver, confirm that all pay orders shall automatically transfer funds as directed into
each beneficiary designated bank account within 1 (one) day after the date of closing and
completion of each and every tranche during the contract term plus any/or extensions
and rollover of the specified contract.
We, the Receiver, agree to provide all beneficiaries with written evidence of the pay
orders lodged with our bank together with acknowledgements of their acceptance.
Furthermore, our bank shall be instructed to provide duly signed and stamped
acknowledgement of this instruction as set out in the agreement. Forming part of this
agreement, it is understood that for the purposes of this Master Fee Protection
Agreement, our bank shall be the same bank and this IMFPA acts as an integral part of it.
TOTAL INVESTMENT FUNDS, Irrevocable Pay order for Partners from each tranche of this
transaction, including any rolls or extensions, to be shared between consultants equally as
follows:
PARTY A – as agreed % RETURN ON TRADING TO:
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
ACCOUNT NO.
SWIFT CODE:
BANK OFFICER:
TEL NO. /FAX NO.:
REPRESENTATIVE:
AMOUNT:
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QR WALLET:
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
ACCOUNT NO.
SWIFT CODE:
BANK OFFICER:
TEL NO. /FAX NO.:
REPRESENTATIVE:
AMOUNT:
QR WALLET:
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
ACCOUNT NO.
SWIFT CODE:
BANK OFFICER:
TEL NO. /FAX NO.:
REPRESENTATIVE:
AMOUNT:
QR WALLET:
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1. U.S. Public Law 106-229, ''Electronic signatures in Global and National Commerce Act'' or
any other applicable law that conforms to the UNCITRAL model law on Electronic Signatures
(2001) and
2. Electronic Commerce Agreement (ECE/TRADE/257, Geneva, May 2000) adopted by the
United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT).
3. EDT documents shall be subject to European Community Directive no. 95/46/EEC, as
applicable. Either party may request a hard copy of any document that has previously been
transmitted by electronic means, provided that such request does not delay in any way the
performance of the parties' respective obligations and duties under the EDT instruments.
(iii) Facsimile or electronically transferred copy of this Agreement duly signed by both parties shall
be deemed valid as an original.
And, in proof of compliance, they sign the present in Singapore, on Tuesday, January 21,
2025
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