MIRA INFORM REPORT

Report Date :

13.05.2011

IDENTIFICATION DETAILS

Name :	TRIDENT CORPORATION (S) PTE LTD

Registered Office :	208 Hougang Street 21 #03-215 Singapore 530208

Country :	Singapore

Date of Incorporation :	1991-11-8

Com. Reg. No.:	199105631E

Legal Form :	Private Limited Liability Company

Line of Business :	Sales of Electronics Equipment & Systems

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 40,000
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 – 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:	Trident Corporation (S) Pte Ltd
Supplied Name:	Trident Corporation (Singapore) Private Limited
Trading Address:	Block 208 Hougang Street 21 #03-215 Singapore 530208, Singapore
Supplied Address:	Block 208 Hougang Street 21 #03-215 Singapore 530208, Singapore
Telephone Number:	+65-6283-8846
Fax Number:	+65-6283-4889
E-mail:	yfchang@pacific.net.sg

Credit Summary

Credit Rating:	Maximum credit USD 40,000
Credit Opinion:	Business connections are permissible.

Company Identification Details

Registered Name:	Trident Corporation (S) Pte Ltd
Registered Address:	208 Hougang Street 21 #03-215 Singapore 530208
Date of Registration::	1991-11-8
Registered Number:	199105631E
Country of Incorporation:	Singapore
Registered Capital:	SGD 100,000 (USD 81,390) (As of 2011.05, 1 SGD = 0.8139 USD)
Paid-up Capital:	SGD 100,000 (USD 81,390) = 100,000 Shares@1 SGD
Legal Form:	Private Limited Liability Company
Principal Activities:	Sales of Electronics Equipment & Systems
Staff:	More than 5 Employees
Status:	Live Company
Listed at Stock Exchange:	No
Date of Last Annual Return:	2010-11-12

History

Subject was incorporated on 1991-11-8 with registered number 199105631E as Private Limited Liability Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
Lee Siew Kee Mdm	1	0.001%
Chang Yang Fa	99,999	99.999%
Total	100,000	100%

Major Shareholder Information:

1
Name:	Lee Siew Kee Mdm
Value:	SGD 1
ID Number:	S1170874I
Address:	3 Jalan Jitong Seletar Hills Estate Singapore 809117
Nationality:	Singapore Citizen
2
Name:	Chang Yang Fa
Value:	SGD 99,999
ID Number:	S2000158E
Address:	3 Jalan Jitong Seletar Hills Estate Singapore 809117
Nationality:	Singapore Citizen

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:	Lee Siew Kee Mdm
Position:	Director
ID Number:	S1170874I
Address:	3 Jalan Jitong Seletar Hills Estate Singapore 809117
Nationality:	Singapore Citizen
Date of Appointment:	1991-11-8
2
Name:	Chin Choon Hiong Sylvia
Position:	Secretary
ID Number:	S1660185C
Address:	25K Jalan Hock Chye Singapore 534178
Nationality:	Singapore Citizen
Date of Appointment:	2005-4-29
3
Name:	Chang Yang Fa
Position:	Director
ID Number:	S2000158E
Address:	3 Jalan Jitong Seletar Hills Estate Singapore 809117
Nationality:	Singapore Citizen
Date of Appointment:	1991-11-8

Personnel Structure

Total Employees

More than 5 Employees

Operation Information

Offices & Factories

	Office
Address:	Block 208 Hougang Street 21 #03-215 Singapore 530208, Singapore

Purchase

l The company purchases Electronics Equipment & Systems.

l The subject purchases mainly from the foreign markets.

Sales Information

l The subject is engaged in sales of Electronics Equipment & Systems.

l The subject sells products both to domestic markets and foreign markets.

Settlements

Purchase

Domestic Markets

The subject seldom purchase from the domestic markets.

Overseas Markets

Products	Payment Terms	Proportion
Electronics Equipment & Systems	CBD, etc	100%

Sales

Domestic Markets

Product	Sales Terms	Proportion
Electronics Equipment & Systems	CBD, etc	100%

Overseas Markets

Product	Sales Terms	Proportion
Electronics Equipment & Systems	CBD, etc	100%

Financial Figures

Year	Sales
2010	About SGD 500,000

Notes: The information was from introduction of subject

Bankers

Open Account Bank

Name:

DBS Bank

Auditors

Name:

Benedict & Associates

Public

Charges

Charge 1
Charge Number:	C200806900
Date of Registration:	2008-7-25
Name:	United Overseas Bank Limited
Amount Secured:	All Monies
Charge 2
Charge Number:	C200806901
Date of Registration:	2008-7-25
Name:	United Overseas Bank Limited
Amount Secured:	All Monies

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.79
UK Pound	1	Rs.73.19
Euro	1	Rs.63.59

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.