Project Misty - Issue List 1/3

FP1 ROADBIKE
ITEM

STATUS

ISSUE

NEXT STEP

ACTION

WHO

WHEN

ARRK
Importation of spare
parts

Have 2 last shipment

of parts
To be included in the
tax exemption list

Limited storage
availability

To find suitable
location for storage

To visit warehouse in
Kepong as an option

WRA

WK44

Importation of 4
development Bikes

To be included in the
last shipment together
with parts

Unclear requirement
for AP and tax
implication for dev
bike
Limited Storage

Clarify requirements
on AP and tax
implication

To discuss with
PETMOS on options
available for import.

WRA

WK42

Importation of 30 CBU
saleable bikes

Currently in storage at
ARRK, Basildon

High cost to import

due to requirement of
AP and high import tax

Need to obtain Board

approval to ship bike
to Malaysia

Prepare proposal
paper to bring back
bikes to Malaysia

MHI

WK46

Last shipment and

currently at the port
ready for export
Engines are required
to complete the
assembly of the last 3
bikes at MODENAS

No insurance coverage
was obtained

To obtain insurance
coverage for the
shipment

To communicate with
MISC to ensure the
insurance is added.

WRA

WK42

SUTER
Importation of engines
and engine parts

Project Misty - Issue List 2/3

FP1 ROADBIKE
ITEM

STATUS

ISSUE

NEXT STEP

ACTION

WHO

WHEN

76 bikes completed
7 bikes completed
with minor repair
13 bikes at stage 2
3 bikes at stage 1 (wo
engine)

Awaiting for engines

from Suter
Awaiting for painting
of body panels to be
completed
Unable to store bikes
within MODENAS after
completion

Need to expedite
shipment for engines
Need to follow up on
painting of panels
Need to negotiate with
MODENAS for an
extension
Need to close-out
project office at
MODENAS upon
completion

WRA to work out

insurance
KIG to follow up with
Supplier
ZAR to meet CEO of
MODENAS to discuss
on the storage option

WRA

WK42

KIG

WK42

ZAR

WK45

No sales to date

Require decision on
status of dealership.
Should continue or
pull out

Seek Board direction

on the dealership
contract

Prepare proposal for

Board approval

MHI

WK46

Import Tax Exemption

To obtain approval
from MOF to allow for
tax exemption

Some K1 forms
requested by MOF are
not in PETRONAS
possession

Need to submit final

list of parts already
imported

To work with MISC to

obtain the required K1
forms.

WRA/
AA

WK42

Owners Manual

To proceed with
printing

Unclear mode of
payment to SIUD

Need to clarify with

NAZA on payment
arrangement
To present action plan
to director and request
for approval

Set up meeting with

NAZA

AA

WK44

Prepare proposal

MHI

WK46

MODENAS
Assembly of Bikes

NAZA
Sales of Bikes

GENERAL

Require approval from

director

Project Misty - Issue List 3/3

FP1 RACEBIKE
ITEM

STATUS

ISSUE

NEXT STEP

ACTION

WHO

WHEN

FPR
Importation of spare
parts / development
parts

Have 1 last shipment

of parts

Limited storage
availability

To find suitable
location for storage

To visit warehouse in
Kepong as an option

WRA/
AA

WK44

Importation of jigs and

Dies

To be included in the
last shipment together
with parts

Customs clearance
and logistic
arrangement
Limited storage
availability

To get clearance from

MOF or Customs

WRA

WK44

To find suitable
location for storage

To initiate discussions
on how to proceed
with the import
To visit warehouse in
Kepong as an option

WRA/
AA

WK44

6 bikes available for

import 4 running 2
demo

Unclear requirement
for AP and tax
implication for dev
bike

Clarify requirements
on AP and tax
implication

To discuss with
PETMOS on options
available for import.

WRA

WK42

Have 1 last shipment

of parts

Limited storage
availability

To find suitable
location for storage

To visit warehouse in
Kepong as an option

WRA/
AA

WK44

Importation of 6 Race
bikes

RICARDO
Importation of spare
parts