MIRA INFORM REPORT

Report Date :

29.07.2011

IDENTIFICATION DETAILS

Name :	VIMPEX LTD

Registered Office :	Sangkat Tuk Laak 2, 200, St 150, Khan Toul Kork, Phnom Penh

Country :	Cambodia

Date of Incorporation :	29.05.2000

Legal Form :	Limited

Line of Business :	Medical Equipment & Pharmaceutical

RATING & COMMENTS

MIRA’s Rating :

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

Maximum Credit Limit :	USD 3,000.00

Status :	Small Company

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)

Cambodia

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

REGISTERED NAME & COMPANY SUMMARY

Organization Name	:	VIMPEX LTD
Address	:	Sangkat Tuk Laak 2, 200, St 150, Khan Toul Kork, Phnom Penh
Country	:	Cambodia
Phone (S)	:	[+855] 23-885930
Facsimile	:	[+855] 23-885932
Email		vimpex@online.com.kh
Primary Business Activity		Importer
Key Industry		Medical Equipment & Pharmaceutical

Key Facts
Registered Legal Address	:	Sangkat Tuk Laak 2, 200, St 150, Khan Toul Kork, Phnom Penh
Operational Address	:	Sangkat Tuk Laak 2, 200, St 150, Khan Toul Kork, Phnom Penh
License Number	:	0772/00E
Legal Form	:	Limited
Issuing Authority	:	Ministry of Commerce - Commercial Registry - National
Operational Status of Business	:	Normal
Date of Registration	:	29 May, 2000
Employees	:	15
Capital	:	US$ 4,857

Country	:	Cambodia
Business Entity Name	:	VIMPEX LTD
Primary Business Activity	:	Importer
Primary Industry	:	Medical Equipment & Pharmaceutical
Office Contact Details
Operating Address	:	Sangkat Tuk Laak 2, 200, St 150, Khan Toul Kork, Phnom Penh
Tel	:	[+855] 23-885930
	:	[+855] 23-885931
Mobile	:	[+855]-12902332
Fax	:	[+855] 23-885932
Email	:	vimpex@online.com.kh

CREDIT RECOMENDATION

Current Credit Limit: USD 3,000.00 based on 90 days

DIRECTORS/MANAGEMENT

COMPANY DIRECTORS

1
Personal Unique Identifier	:	MI02954120
Name	:	Mr. Naresh Kumar Dinodiya
Nationality	:	Indian

NEGATIVE INFORMATION

REPUTATION

Reference checking for the purpose of establishing the VIMPEX LTD's reputation within the respective industry failed to reveal any adverse information.

ADVERSE DATA MONITORING

DISHONORED CHECKS

No Record Found

DEBT

No Record Found

LITIGATION

No Record Found

PERFORMANCE DEFAULTS

No Record Found

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

No Record Found

SHARE & SHARE CAPITAL INFORMATION

CAPITAL (Currency: KHR - Cambodia Riel)

Authorized Capital

20,000,000

SHAREHOLDERS

Total number of shareholders	:	2
Total number of shares	:	100

Currency

KHR - Cambodia Riel

No.	Shareholders	Country	Shares
No.	Shareholders	Country	Number	Amount (KHR)	%
1	Mr. Naresh Kumar Dinodiya	India	99	n/a	99.00
2	Mr. Sudhir Kumar More	India	1	n/a	1.00
Total			100	n/a	100.00

PAYMENT INFORMATION

PAYMENT TERMS

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Purchasing

Type

Terms

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

GROUP STRUCTURE & AFFILIATED COMPANIES

OFFICE & FACILITIES

Name	:	VIMPEX LTD - KHAN TOUL KORK, PHNOM PENH
Address	:	Sangkat Tuk Laak 2, 200, St 150, Khan Toul Kork, Phnom Penh
Country	:	Cambodia
Status	:	Operational

FINANCIAL INFORMATION

FINANCIAL STATEMENT - DETAILED

Based on the corporate laws of Cambodia, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

FOREIGN EXCHANGE RATES

Today's Exchange rate

1.00 KHR
Cambodia Riel

0.000243 USD
United States Dollars

ADDITIONAL INFORMATION

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Drugs/Druggists' Sundries	5122	Importing, Trading
Fluid milk and cream, and related products	2026	Importing, Trading
Milk and cream, condensed, evaporated, and dry	2023	Importing, Trading
Pharmaceutical preparations	2834	Importing, Trading

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Articles of milk or cream	1901903090	Importing, Trading
Articles of milk or cream	1901903990	Importing, Trading
Medicaments nesoi, mixed or not, in dosage etc form	3004	Importing, Trading
Milk and cream, concentrated or sweetened	0402	Importing, Trading
Pharmaceutical goods (specified sterile prod etc.)	3006	Importing, Trading
Pharmaceutical products	3000	Importing, Trading

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of VIMPEX LTD is:

· Import agency - Finished products

An integral part of the core business includes:

Distribution

DOMESTIC SALES & PURCHASES

Annual Sales Analysis	Percentage
Domestic Sales	100%
International Sales (Export)	0%

Annual Purchases Analysis	Percentage
Local Purchases	0%
Imports	100%

Based on corporate statutory laws /regulations in Cambodia, there is no requirement for public disclosure of Shareholders. In this case, the Shareholder information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

INTERNATIONAL TRADE : ACTIVITY & MARKETS

Country / Region	Estimated level of importance	Trading Activity
Asia / Pacific	Medium	Importing

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.12
UK Pound	1	Rs.72.05
Euro	1	Rs.63.33

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.