We regret to inform you that you are not allowed to sell the scrap after destroy to your own merchant even though the price is as same as JPY 1,074,950.00.
Kindly be informed the S'pore Principal has informed Insured of your this issue and they concur with the Principal's opinion that the cargo should be sell to the highest bidder in accordance to the bidding exercise and in fact with this condition they have came to the conclusion on the claim settlement.
Therefore, pls. strictly comply with the S'pore side's instruction.
cc: Khun Worapoj/NKKT
Please follow our S'pore Principal's advice.