“Rysc 569” third party sales & purchase condition valuation survey 06.09.2014

“RYSC 569” Sales & Purchase Condition Valuation Survey Report No: MK/SNP/14/01
Private and Confidential Page 1 of 11
Report is not to be used for any other purposes.
Main Office
No.52-02-2, Lorong Batu Nilam 4A,
Bandar Bukit Tinggi
41200 Klang, Selangor DE, Malaysia
Phone/Fax: +603-33240166
SURVEY REPORT
“RYSC 569” Third Party Sales & Purchase Condition Valuation Survey
This is to confirm the undersigned marine surveyor did attend to RYSC 569 of fiberglass construction, when hauled
out at the Royal Selangor Yacht Club, Port Klang. The inspection was for the purpose of establishing its present
condition, fair market value.
Carried out by:
Yuzri Khairulmuzammil/Assessor
6th
September 2014 at RYSC, Port Klang

Statement of Valuation
“RYSC 569” Third Party Sales & Purchase Condition Valuation Survey
As Where As It Is Basis
In accordance with the condition survey of the above named vessel, for the purpose of evaluating
its present condition and estimating its Fair Market Value and Replacement Cost, I herewith
submit my report.
The subject vessel was inspected by the undersigned Surveyor(s) on September 6, 2014 and was
found to be a well designed, constructed and comfortable vessel. The vessel is well kept and is
considered to be suitable for its intended application.
In the conduct of this survey, all parts of the vessel, which were accessible without removal of
bulkheads, decks, etc., were carefully examined. Every effort was made to determine the vessel’s
condition and market value compared to similar vessels.
As a result of the investigation, and by virtue of experience, the craft value is read as below:
Overall Vessel Condition Fair to Good Condition
Fair Market Value (1) RM 40, 000.00 ( Inclusive Trailer + Lifting Winch)
The surveyor does not warrant expressly or implied, or guarantee compliance of the vessel and
liabilities in this sales and purchases
Respectfully submitted,
Yuzri Khairulmuzammil/Assessor
Note
(1) The fair market value is a term that describes the most probable price in terms of money that the vessel should bring in a competitive and open
market. It assumes all conditions are requisite to a fair sale that the buyer and seller are each acting prudently and knowledgeably by undue stimulus.

CONTENTS
No. Title Page
Statement of Valuation
1 General Statement 4
2 Scope of Survey 4
3 General Information and Particulars 4
4 Design and Construction 4
5 Hull Structures and Fittings 5
6 Operating Station 7
7 Propulsion and Steering System 7
8 Bilge System 9
9 Fuel System 9
10 Electrical System 10
11 Fire Fighting and Life Saving Equipment 10
12 Sea Trial 11
13 Summary 11

1.0 General Statement
The surveyor warrants that this report is a true and unbiased opinion of the vessel, based upon a visual inspection on
the date of the inspection. The findings, opinions and conclusions are base upon the best professional judgment of the
undersigned surveyor. If this report does not discuss a specific item, it is not covered by this inspection.
While every effort has been made to conduct a thorough inspection, there can be no guarantee or warranty, express or
implied, as to the condition or suitability of the vessel and her equipment or machinery.
This report makes no representation and does not purport to describe any condition which may have changed since the
date of the inspection and the recommendations herein are limited to those that, in the opinion of this surveyor, are
reasonably necessary and appropriate, based upon the conditions and circumstances as they existed at the time of the
inspection. The surveyor assumes no responsibility for any defects and is to be held harmless for conditions
subsequently arising.
2.0 Scope of Survey
The purpose of this marine survey inspection was to determine- insofar as possible within the limitations of visual and
physical accessibility, the vessel’s hull and structure, machinery equipment and systems, electrical equipment and
systems, cosmetics, and levels of compliance with applicable local and/or international rules, regulations, codes and
standards and commonly accepted industry standards and practices.
The foregoing commentary is provided to give readers of this report an understanding of the survey process and its
limitations. Since records of the vessel’s history of use and past maintenance are typically not made available to the
surveyor, reported observations are necessarily limited to the vessel’s condition at the time the inspection was
performed.
3.0 General Info and Particulars
Registration Number RYSC 569
Home Port Port Klang
Owner Royal Selangor Yacht Club
Intended use Recreational Fishing
Navigation Limits Port Limit
LXBXD Est. 24’ x 10’ x 3’
Capacity 6 Pax +1 Pax for Navigator
Engine OBM Yamaha 85hp
Propeller High speed 3 bladed SUS
Designed Max Speed More than 20knots
Fuel Gas Petrol
Colors Blue
Hull Material Fiberglass
Hull Type Semi Vee
4.0 Design & Construction
The vessel was a production cruiser in a semi deep-V configuration with skeg, hard chine, raked stem and a transom
with platform. Propulsion was by Outboard Motor of high speed 3 bladed FPP. The construction was a solid FRP
(Fiberglass Reinforced Plastic) hull of mat and woven roving. The internal hull structure consists of FRP stringers,
partitions and joinery bonded to the hull, and deck molding. The vessel generally appeared to have been built to an
accepted marine industry production standards and practices at the time of its construction.

5.0 Hull Structures and Fittings
Bottom Hull and Side Shell
Overall, the semi-Vee hull was in good condition, average for the age of the vessel, and showing acceptable
maintenance. The painted blue hull is a typical polyester laminate reinforced with fiberglass matt and woven
roving. No blisters were evident. The hull was sighted from all sides and was found to be fair and smooth as
seen, without indications of hard edges or stress. The hull was carefully seated onto galvanized steel trailer with
tubeless tires. This will ease mobilization to any intended sites.

Deck and Internal Structures
The deck is a laminate similar to the hull. No defects observed. The hull-deck joint found fully secured/bonded.
Fittings
Stanchions are of good quality stainless steel and were in good condition and secured. The canvas canopy and
rails were secured in good condition. The passenger seat benches, its foam and fabric were also observed in good
condition.

6.0 Operating Station
The operating station is well designed and the controls are easy to operate. The helm seat was in good condition. The
control levers and steering were also found to be in good condition.
7.0 Propulsion and Steering System
Propulsion and steering system are by means of Outboard Motor (OBM) of sea water-cooled with standard carburetion
and ignition. The overall appearance of the engine and the engine space indicates that it has been well maintained.
Inspection of the mounts shows them to be in good condition. The 3 blade SUS propeller was in good condition. An
additional spare OBM is also fitted at the vessel’s stern.

8.0 Bilge System
There was an electric bilge pump installed in the vessel’s bilge compartment beside aft bulkhead.
9.0 Fuel System
The vessel has a hull compartment located at the port-aft, to safely stored and secure the gas oil potable fuel tank.

10.0 Electrical System
A single battery was housed in a compartment located at stbd-aft. The batteries feed the 12V system including engine
starting.
.
11.0 Life Saving Appliances
Lifejackets were place at the canopy top.

12.0 Sea Trial
Will be conducted upon request by the prospective Buyer
13.0 Summary
This survey cannot be construed to guarantee or warrant the condition or operational condition of the vessel. Without
question, this vessel has received routine care and maintenance. For its age, it is in fair to good condition, “as where
as it is basis”. Based on its current condition its fair market value is RM40, 000.00.
END OF REPORT

“Rysc 569” third party sales & purchase condition valuation survey 06.09.2014

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“Rysc 569” third party sales & purchase condition valuation survey 06.09.2014