MIRA INFORM REPORT

Report Date :

13.12.2011

IDENTIFICATION DETAILS

Name :	MUI TONG FISHERIES
Registered Office :	35 Fishery Port Road, #01-424, Singapore 619742
Country :	Singapore
Date of Incorporation :	19.05.1973
Com. Reg. No.:	09819000L
Legal Form :	Partnership Concern
Line of Business :	Hawkers and stall-holders dealing in uncooked foodstuffs
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 50,000
Status :	Satisfactory
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 – September 30^th, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
Singapore	a1	a1

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

Contact Points

Company Name:	Mui Tong Fisheries
Supplied Name:	Mui Tong Fisheries
Trading Address:	35 Fishery Port Road, #01-424, Singapore 619742
Supplied Address:	35 Fishery Port Road, Room 424, Singapore 619742
Telephone Number:	+65-6268-8605
Fax Number:	+65-6266-2921

Note:

The exact address is as above.

Credit Summary

Credit Rating:	Maximum credit USD 50,000
Credit Opinion:	Business connections are permissible.

Special Note

According to the supplied name and address, we obtained the telephone number (+65-6268-8605) of subject. And we contacted the subject, a lady answered the phone. She just confirmed the name and the address of subject. And when we wanted to know more details of subject, she declined to disclose more information. She wanted to know the client’s name. And she said that she has no right to disclose the information.

The registration files show that subject is engaged in Hawkers and stall-holders dealing in uncooked foodstuffs, 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:	Mui Tong Fisheries
Registered Address:	35 Fishery Port Road, #01-424, Singapore 619742
Date of Foundation:	1973-5-19
Date of Registration::	1975-3-15
Registered Number:	09819000L
Country of Incorporation:	Singapore
Registered Capital:	N/A
Legal Form:	Partnership
Principal Activities:	47801 Hawkers and stall-holders dealing in uncooked foodstuffs
Staff:	N/A
Status:	Live
Listed at Stock Exchange:	No.
Date of Last Annual Return:	N/A

Note:

· The registered capital is not available from the subject or other sources.

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

History

Subject was incorporated on 1975-3-15 with registered number 09819000L as Partnership Company in Singapore.

Partners

Major Partners Information:

1
Name:	LIM KIAK MUI
ID Number:	S0560979H
Address:	17 West Coast Avenue, Hong Leong Garden Singapore 128071
Nationality:	Singapore Citizen
Date of Appointment:	1998-5-22
2
Name:	HENG TZE HIANG
ID Number:	S7431728F
Address:	17 West Coast Avenue Hong Leong Garden Singapore 128071
Nationality:	Singapore Citizen
Date of Appointment:	1998-5-22

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:	HENG TZE HIANG
Position:	Director
ID Number:	S7431728F
Address:	17 West Coast Avenue Hong Leong Garden Singapore 128071
Nationality:	Singapore Citizen
Date of Appointment:	1998-5-22
2
Name:	HENG TZE HIANG
Position:	Director
ID Number:	S7431728F
Address:	17 West Coast Avenue Hong Leong Garden Singapore 128071
Nationality:	Singapore Citizen
Date of Appointment:	1998-5-22

Operation Information

Offices & Factories

	Office
Address:	35 Fishery Port Road, #01-424, Singapore 619742

Operation Information

· Subject declined to disclose the operation information.

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

Business Code	Details
47801	Hawkers and stall-holders dealing in uncooked foodstuffs

Settlements

Subject declined to disclose the settlement information, and from other sources, we couldn’t obtain the settlement information, either.

Financial Information

Subject declined to disclose any financial information, and from other sources, we couldn’t obtain the information, either.

Bankers

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

Interview Details

Name:

N/A

Note:

A lady answered the phone, but she declined to disclose her name.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.52.42
UK Pound	1	Rs.81.92
Euro	1	Rs.69.94

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.