Outline: Preparation Toward Commencement of Ongoing Transaction
We have long been committed to identifying reliable and genuine suppliers of gold, EN590, copper plates, and other commodities. In particular, locating legitimate gold owners and sellers has required a significant investment of time and financial resources, including numerous in-person meetings and on-site due diligence.
As a result of these efforts, we have successfully established direct connections with five qualified gold suppliers.
In order to establish a long-term and discount-based trading framework, we are now proceeding with an in-person meeting with one of these suppliers in Thailand. In parallel, we will hold online meetings with our partners in Switzerland and Dubai, together with the actual supplier, to ensure transparency and alignment across all parties.
The Buyer shall submit AML (Anti-Money Laundering) documentation to verify the transparency of funds, and also provide a Non-Circumvention and Non-Disclosure Agreement (NCNDA).
1. Draft LOI addressed to ESOL Energy Co., Ltd.
2. Proof of Funds (POF) – Thai Bank or International Bank Confirmation
3. KYC & Company Profile
4. NCNDA/IMFPA (to be signed and returned)
5. Power of Attorney (if mandate involved)
6. AML
5. Procedure
For the business meeting in Thailand, the buyer will bring the LOI and Proof of Funds, and the SPA will be signed during the stay.
1. Buyer issues LOI + POF + KYC + NCNDA+ Power of Attorney + AML
2. ESOL issues FCO/SPA Draft for review
3. Buyer/Mandate and Seller meet in Thailand for verification & compliance
4. Buyer completes due diligence and signs SPA
5. Banking instruments are exchanged and transaction commences
ESOL Energy Co., Ltd.
