MIRA INFORM REPORT

Report Date :

08.04.2011

IDENTIFICATION DETAILS

Name :	RICHBURY LTD.
Registered Office :	c/o Buttar.HK Ltd., Unit R, 1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon
Country :	Hong Kong
Date of Incorporation :	20.07.2010
Com. Reg. No.:	52670835
Legal Form :	Private Limited Liability Company
Line of Business :	----

RATING & COMMENTS

MIRA’s Rating :

C

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	New Business
Payment Behaviour :	Unknown
Litigation :	----

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – December 31, 2010

Country Name	Previous Rating (30.09.2010)	Current Rating (31.12.2010)
Hong Kong	a2	a2

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company name

RICHBURY LTD.

Company ADDRESS

Registered Office:-

c/o Buttar.HK Ltd.

Unit R, 1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong.

[Tel: 2312 0148; Fax: 2375 6513]

Associated Company:-

Voltronic Ltd., Hong Kong.

BUSINESS REGISTRATION NUMBER

52670835

COMPANY FILE NUMBER

1482314

DATE OF INCORPORATION

20th July, 2010.

CAPITAL

Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

Issued Share Capital: HK$10,000.00

Alternation of Capital:-

20-07-2010	paid up	HK$ 1.00
26-07-2010	paid up	HK$ 9,999.00
		––––––––––––
Total:	paid up	HK$ 10,000.00 ===========

SHAREHOLDERS

(As per registry dated 26-07-2010)

Name		No. of shares
Company Kit Secretarial Services Ltd., Hong Kong.		1
Vinod Kumar		9,999
		––––––
	Total:	10,000 =====

DIRECTORS

(As per registry dated 29-10-2010)

Name (Nationality)	Address
Jagdish Kumar	49 Vimal Vatika, Karamyogi Enclave, Kamla Nagar, Agra U.P. 282005, India.
Vinod Kumar	B-102 Kamla Nagar, PS. New Agra, Agra U.P. 282005, India.

SECRETARY

(As per registry dated 26-07-2010)

Name	Address	Co. No.
Buttar.HK Ltd.	1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong.	0975326

GENERAL

Richbury Ltd. was incorporated on 20th July, 2010 as a private limited liability company under the Hong Kong Companies Ordinance.

The subject does not have its own operating office. Its registered office is in a business centre located at Unit R, 1/F., Mau Lam Commercial Building, 16‑18 Mau Lam Street, Jordan, Kowloon, Hong Kong known as Buttar.HK Ltd. which is handling its correspondences and documents. Buttar.HK Ltd. is also the corporate secretary of the subject.

Formerly its registered office was in a commercial service provider located at 6/F., Shun On Commercial Building, 112-114 Des Voeux Road Central, Hong Kong known as Company Kit Registrations Ltd. which had handled its correspondences and documents. The subject changed its registered address to the present one with effect from 26th July, 2010 as it has changed it commercial service provider since then.

The subject has no employees in Hong Kong.

According to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary shares of HK$1.00 each which are wholly owned by Vinod Kumar who is an Indian. He is an India passport holder and does not have the right to reside in Hong Kong permanently. Jagdish Kumar and Vinod Kumar are the directors of the subject. Currently both are residing in India.

The subject’s lines of business are unknown since the secretarial firm declined to divulge any information about it.

It is likely that the subject is a diamond trader. It is also likely that the subject has got an associated company in India which is also operated by Vinod Kumar or his family member.

It is likely that the India firm deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong. The India firm also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.

The subject’s business in Hong Kong is not very active. History is just over eight months.

Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.

COURT CASES: None per our.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.22
UK Pound	1	Rs.71.97
Euro	1	Rs.63.23

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.