MIRA INFORM REPORT

Report Date :

29.12.2011

IDENTIFICATION DETAILS

Name :	TRANS INTERNATIONAL FASHION LIMITED
Formerly Known As :	Trisula International Limited
Registered Office :	7 Kallang Place #07-01/02 Singapore 339153
Country :	Singapore
Date of Incorporation :	05.10.2000
Com. Reg. No.:	T00FC5936H
Legal Form :	Foreign Company Registered In Singapore
Line of Business :	General Wholesale Trade (including general importers and exporters)
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B

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

Maximum Credit Limit :	USD 10,000
Status :	Moderate
Payment Behaviour :	Unknown
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:	Trans International Fashion Limited
Supplied Name:	Trans International Fashion Ltd
Supplied Address:	Block 7 Kallana Place #07-01/02 Kallang BAsin Industrial Estate 339153 Singapore

Note:

The exact registered name is as above.

Credit Summary

Credit Rating:	Maximum credit USD 10,000
Credit Opinion:	Business connections are permissible.

Special Note

According to the supplied name and address, we couldn’t obtain the contact methods of subject.

And if you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, we shall be pleased to have the investigation resumed.

The registration files show that subject is engaged in General wholesale trade, 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:	Trans International Fashion Limited
Registered Address:	7 Kallang Place #07-01/02 Singapore 339153
Date of Registration::	2000-10-5
Registered Number:	T00FC5936H
Country of Incorporation:	Hong Kong
Registered Capital:	HKD100,000 (USD 12,860.2) (As of 2011.12, 1 HKD = 0.12860 USD)
Legal Form:	Foreign Company Registered In Singapore
Principal Activities:	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:	N/A

Note:

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

History

Subject was incorporated on 2000-10-5 with registered number T00FC5936H as Foreign Company Registered in Singapore.

Change of Name:

Date	Change
2000-10-5	Trisula International Limited
2002-5-17	Trans International Fashion Limited

Shareholders

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

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:	KARTONO BUDIMAN
Position:	Director
ID Number:	P478304
Address:	Rt.011 Rw.013 Kelurahan Jatibening, Kecamatan Pondok Gede, Bekasi, Indonesia
Nationality:	Indonesian
Date of Appointment:	2011-4-1
2
Name:	AZMAN HISHAM BIN JAAFAR
Position:	Agent
ID Number:	S1699490A
Address:	106 Jalan Hangar Bedok Singapore 468558
Nationality:	Singapore Citizen
Date of Appointment:	2008-1-2
3
Name:	MARIA HIDAYAT @ LI YAN TJIA
Position:	Agent
ID Number:	S2163911G
Address:	41 Westlake Avenue West Lake Garden Singapore 574252
Nationality:	Singapore P.R.
Date of Appointment:	2010-2-1
4
Name:	DEDIE SUHERLAN
Position:	Director
ID Number:	T119460
Address:	Taman Kebon Jeruk Blk.P.I/44 Rt004/012 Kel. Srengseng, Jakbar
Nationality:	Indonesian
Date of Appointment:	2010-2-21
5
Name:	LALIT MATAI
Position:	Director
ID Number:	Z1419840
Address:	135 Sfs Rajaori Apartments Mayapuri Marg New Delhi - 110064
Nationality:	Indian
Date of Appointment:	2003-12-1

Operation Information

Offices & Factories

	Office
Address:	7 Kallang Place #07-01/02 Singapore 339153

Operation Information

We contacted the subject unsuccessfully.

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

Business Code	Details
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 we couldn’t contact the subject successfully; the financial information is not available from the subject.

Bankers

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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.53.21
UK Pound	1	Rs.83.32
Euro	1	Rs.69.51

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.