MIRA INFORM REPORT

Report Date :

12.05.2011

IDENTIFICATION DETAILS

Name :	RADHE KRISHNA STORE

Registered Office :	190 Serangoon Road Singapore 0820

Country :	Singapore

Date of Incorporation :	15.07.1996

Com. Reg. No.:	52825225M

Legal Form :	Sole Proprietorship

Line of Business :	Wholesale of Textiles

RATING & COMMENTS

MIRA’s Rating :

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

Status :	Terminated

Payment Behaviour :	----

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)

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:	Radhe Krishna Store
Supplied Name:	Radhe Krishna Store
Supplied Address:	190 Serangoon Road, Singapore 218064, Singapore

Credit Summary

Credit Rating:	N/A
Credit Opinion:	Since subject is terminated, we did not give the credit rating at this stage.

Special Notes

We did not find any operation information or contact information of subject from public files according to the supplied name or address.

Registration files show that subject is terminated.

We found subject’s registration files from local registry, supplying as follows for reference.

Company Identification Details

Registered Name:	Radhe Krishna Store
Registered Address:	190 Serangoon Road Singapore 0820
Date of Foundation:	1996-7-15
Date of Registration::	1996-7-6
Renewal Date:	2000-6-16
Expiry Date:	2003-7-6
Registered Number:	52825225M
Registered Capital:	N/A
Legal Form:	Sole Proprietorship
Principal Activities:	46411--Wholesale Of Textiles 46522--Wholesale Of Electronic Components
Staff:	N/A
Status:	Terminated
Listed at Stock Exchange:	No

Notes: Subject is terminated, thus we can not obtain the staff number and it is not required for Sole Proprietorship to register capital.

History

Subject was incorporated on 1996-7-6 with registered number 52825225M as Sole Proprietorship in Singapore.

Owner

Existing Owner(s)

Name:	Ramchand Choithram Daswani
ID Number:	S2572939J
Address:	107 Bedok Reservoir Road #10-334 Singapore 470107
Nationality:	Singapore Citizen
Date of Entry:	1996-7-5

Subsidiaries & Branches

We can not confirm whether subject has any subsidiaries or branches.

Manage Information

Core Management

Name:	Ramchand Choithram Daswani
Position:	Manager
ID Number:	S2572939J
Address:	107 Bedok Reservoir Road #10-334 Singapore 470107
Nationality:	Singapore Citizen
Date of Entry:	1996-7-5

Operation Information

Subject’s registered activities:

46411	Wholesale of Textiles
46522	Wholesale of Electronic Components

Subject is terminated and the information above is obtained from local registry for reference.

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 it self.

Subject is terminated, the information is not available.

Bankers

The bank information is not available from subject or other source.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.69
UK Pound	1	Rs.73.12
Euro	1	Rs.64.39

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.