MIRA INFORM REPORT

Report Date :

07.11.2011

IDENTIFICATION DETAILS

Name :	KZTECH MARKETING & SUPPLIES PTE LTD

Registered Office :	33 UBI Avenue 3 #04-43 Vertex Singapore 408868

Country :	Singapore

Financials (as on) :	31.12.2001

Date of Incorporation :	13.10.1999

Com. Reg. No.:	199906271D

Legal Form :	Limited Exempt Private Company

Line of Business :	Supplier of CCTV Surveillance Equipment & Systems, etc

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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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:	Kztech Marketing & Supplies Pte Ltd
Supplied Name:	Kztech Marketing & Supplies Pte Ltd.
Trading Address:	No.33 Ubi Avenue 3 #04-43 Vertex Singapore 408 868
Supplied Address:	33 Ubi Avenue 3, #04-43, Vertex, Singapore
Telephone Number:	+65-6296-4310
Fax Number:	+65-6296-0158
E-mail:	kztech@tonika.sg

Notes: Subject’s exact name and address are as above.

Credit Summary

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

Company Identification Details

Registered Name:	KZTECH MARKETING & SUPPLIES PTE LTD
Registered Address:	33 UBI Avenue 3 #04-43 Vertex Singapore 408868
Date of Registration::	1999-10-13
Registered Number:	199906271D
Country of Incorporation:	Singapore
Registered Capital:	SGD 200,004 (USD 157,623) (As of 2011.11, 1 SGD = 0.7881 USD)
Paid-up Capital:	SGD 200,004 (USD 157,623) = 200,004 Shares@1 SGD
Legal Form:	Limited Exempt Private Company
Principal Activities:	Supplier of CCTV Surveillance Equipment & Systems, etc
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No
Date of Last Annual Return:	2011-7-28

Notes: Subject did not introduce its staff number; from other source we can not obtain the relevant information, either.

History

Subject was incorporated on 1999-10-13 with registered number 199906271D as Limited Exempt Private Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
Tan Ser Boon	100,002	50%
Lee Kim Keong	100,002	50%
Total	200,004	100%

Major Shareholder Information:

1
Name:	Tan Ser Boon
ID Number:	S1567403B
Address:	256 Miltonia Close Shaughnessy, The Singapore 768314
2
Name:	Lee Kim Keong
ID Number:	S1827092G
Address:	9 Lorong 108 Changi Singapore 426400

Subsidiaries & Branches

Subject did not introduce whether it has any subsidiaries or braches, from other source we can not obtain the relevant information, either.

Management Information

Core Management

Detailed Information of Management:

1
Name:	Low kia huat
Position:	Secretary
ID Number:	S1278920C
Address:	40 Jalan Simpang Bedok Canary Park Singapore 488186
Nationality:	Singapore Citizen
Date of Appointment:	2003-10-18
2
Name:	Tan Ser Boon
Position:	Director
ID Number:	S1567403B
Address:	256 Miltonia Close Shaughnessy, The Singapore 768314
Nationality:	Singapore Citizen
Date of Appointment:	1999-10-13
3
Name:	Lee Kim Keong
Position:	Director
ID Number:	S1827092G
Address:	9 Lorong 108 Changi Singapore 426400
Nationality:	Singapore Citizen
Date of Appointment:	1999-10-13

Operation Information

Offices & Factories

	Office
Address:	No.33 Ubi Avenue 3 #04-43 Vertex Singapore 408 868

Production Information

l Subject is a trader and service supplier of CCTV Surveillance Equipment & Systems, etc

Purchase Information

l Subject purchases both at home and abroad.

Sales Information

l Subject is engaged in sales of CCTV Surveillance Equipment & Systems, etc

l Subject also supplies the installation service and technology support for customers.

l Subject mainly serves local customers in Singapore

Settlements

Purchase

Domestic Markets

Products	Payment Terms	Proportion
Equipment and accessories, etc	COD, etc	100%

Overseas Markets

Products	Payment Terms	Proportion
Equipment and accessories, etc	CBD, etc	100%

Sales

Domestic Markets

Product	Sales Terms	Proportion
Surveillance Equipment & Systems and related service	COD, installments, etc	100%

Overseas Markets

Subject has little export business

Financial Information

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore, subject did not submit the latest information to the local registry, and the only source from which we can obtain the information is the subject itself.

Subject’s staff declined to disclose its financial information citing the grounds of company’s confidentiality; thus we gave the financial obtained from registration files as of 2001 for reference.

Balance Sheet

Unit: SGD

	2001-12-31
Total Assets	245,816.00
Total Current Assets	208,251.00
Total Non-Current Assets f.k.a. [Fixed And Others]	37,565.00
Total Liabilities	141,791.00
Total Current Liabilities	117,549.00
Total Non-Current Liabilities	24,242.00
Total Equity f.k.a [Shareholder's Funds]	104,025.00 (USD 81,982)
Paid-Up Capital	100,004.00
Share Capital	-
Other Reserves, Total f.k.a. [Reserves]	4,021.00
Retained Earnings/(Accumulated Loss)	0.00

(As of 2011.11, 1 SGD = 0.7881 USD)

Profit and Loss Account

Unit: SGD

	2001
Revenue f.k.a [Sales Turnover And Other Operating Revenues]	753,547.00 (USD 593,870)
Profit/(Loss) before Tax from Continuing Operations f.k.a [Profit/(Loss) before tax]	14,445.00
Profit/(Loss) after Tax from Continuing Operations f.k.a [Profit/(Loss) After Tax]	15,875.00
Net Income/(Loss) From Extraordinary And Non-Operating Items	0.00
Profit/(Loss) After Tax and Extraordinary Items	15,875.00 (USD 12,511)

(As of 2011.11, 1 SGD = 0.7881 USD)

Financial Ratio

	2001
Earning Capacity
Rate of Net Profit on Sales (%)	2.11
Return of Investment (%)	6.46
Return of Shareholder's Funds (%)	15.26
Total Assets Turnover (%)	3.07
Financial Stability
Current/Working Capital Ratio (%)	1.77
Proprietary Ratio (%)	42.32
Total Debt to Equity Ratio (%)	57.68

Bankers

Bank Charges:

1
Charge Number	C200904739
Date of Registration	2009-8-1
Name	DBS Bank Ltd.
Amount Secured	All Monies
2
Charge Number	C200908679
Date of Registration	2009-12-29
Name	DBS Bank Ltd.
Amount Secured	All Monies
3
Charge Number	C201006388
Date of Registration	2010-7-26
Name	DBS Bank Ltd.
Amount Secured	All Monies
4
Charge Number	C201011697
Date of Registration	2010-12-2
Name	DBS Bank Ltd.
Amount Secured	All Monies
5
Charge Number	C201103762
Date of Registration	2011-3-25
Name	DBS Bank Ltd.
Amount Secured	All Monies
6
Charge Number	C201103763
Date of Registration	2011-3-25
Name	DBS Bank Ltd.
Amount Secured	All Monies

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.08
UK Pound	1	Rs.78.65
Euro	1	Rs.67.79

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.