MIRA INFORM REPORT

Report Date :

16.08.2011

IDENTIFICATION DETAILS

Name :	PRETHIVEE PTE. LTD.

Registered Office :	190 Clemenceau Avenue #-03-17 Singapore Shopping Centre Singapore 239924

Country :	Singapore

Date of Incorporation :	16.10.2004

Com. Reg. No.:	200413380E

Legal Form :	Limited Exempt Private Company

Line of Business :	Wholesale of jewellery

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	No Complaints

Litigation :	Clear

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 – March 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Singapore

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

Contact Points

Company Name:	Prethivee Pte. Ltd.
Supplied Name:	Prethivee Pte Ltd
Trading Address:	190 Clemenceau Avenue #03-17 Singapore Shopping Centre Singapore 239924, Singapore
Supplied Address:	03-17 Singapore Shopping Centre, 190 Clemenceau Avenu, SG
Telephone Number:	+65-6339-7042
Fax Number:	+65-6337-6032

Special Note

According to the supplied name and address, we obtain the telephone number of subject (+65-6339-7042), and a staff of the subject confirmed the name and the address of subject, but declined to disclose other information about subject.

The registration files show that subject is engaged in wholesaling of jewellery, since we did not get in touch with subject, we can not confirm the information.

We found subject’s registration information as follows for reference.

Company Identification Details

Registered Name:	Prethivee Pte. Ltd.
Registered Address:	190 Clemenceau Avenue #-03-17 Singapore Shopping Centre Singapore 239924, Singapore
Date of Registration::	2004-10-16
Registered Number:	200413380E
Country of Incorporation:	Singapore
Registered Capital:	SGD 388,002.00 (USD 319,978) (As of 2011.08, 1 SGD = 0.82468 USD)
Paid-up Capital:	SGD 388,002.00 (USD 319,978) = 388,002 Shares@1 SGD
Legal Form:	Limited Exempt Private Company
Principal Activities:	46421 Wholesale of jewellery 46900 General wholesale trade (including general importers and exporters)
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No.
Date of Last Annual Return:	2010-3-15

Note:

The staff number is not available from the subject or other sources.

History

Subject was incorporated on 2004-10-16 with registered number 200413380E as Prethivee Pte Ltd in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
RAMA MURTHY MUTHUVEL PILLAI	194,001	50%
THIAGARAJAN KALYANA SUNDARAM	194,001	50%
Total	388,002	100%

Major Shareholder Information:

1
Name:	RAMA MURTHY MUTHUVEL PILLAI
ID Number:	S2661732D
Address:	19 Pheng Geck Avenue Sennett Estate Singapore 348214
Nationality:	Singapore Citizen
2
Name:	THIAGARAJAN KALYANA SUNDARAM
ID Number:	Z1472644
Address:	31 NORTH MAIN STREET TIRUVARUR TANJORE DIST. TAMIL NADU
Nationality:	Indian

Subsidiaries & Branches

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

Manage Information

Core Management

Detailed Information of Management:

1
Name:	RAMA MURTHY MUTHUVEL PILLAI
Position:	Director
ID Number:	S2661732D
Address:	19 Pheng Geck Avenue Sennett Estate Singapore 348214
Nationality:	Singapore Citizen
Date of Appointment:	2004-10-16
2
Name:	KALAISHELVI RAMAMURTHY
Position:	Secretary
Address:	19 Pheng Geck Avenue Sennett Estate Singapore 348214
Nationality:	Singapore Citizen
Date of Appointment:	2005-12-14
3
Name:	THIAGARAJAN KALYANA SUNDARAM
Position:	Director
ID Number:	Z1472644
Address:	31 North Main Street Tiruvarur Tanjore Dist. Tamil Nadu
Date of Change of Address:	Indian
Nationality:	Singapore Citizen
Date of Appointment:	2004-10-16

Operation Information

Offices & Factories

	Office
Address:	190 Clemenceau Avenue #03-17 Singapore Shopping Centre Singapore 239924, Singapore

Operation Information

We contacted the subject unsuccessfully.

We obtained the registered activities of the subject as follows for reference.

Business Code	Details
46421	Wholesale of jewellery
46900	General wholesale trade (including general importers and exporters)

Settlements

We couldn’t contact the subject successfully, and the settlement information is not available from the subject or other sources.

Financial Information

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore and the only source from which we can obtain the information is the subject itself.

And subject’s staff declined to disclose any financial information of subject.

Bankers

The bankers’ information is not available from the subject or other sources.

Auditors

Name:

NATARAJAN & SWAMINATHAN

Interview Details

Name:

N/A

Note:

A lady declined to disclose her name.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.37
UK Pound	1	Rs.73.53
Euro	1	Rs.64.37

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
----	NB	New Business	----

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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