MIRA INFORM REPORT

Report Date :

25.11.2011

IDENTIFICATION DETAILS

Name :	FIDA INT'L (S) PTE LTD

Formerly Known As :	Fichain International (S) Pte Ltd

Registered Office :	16 Kallang Place #06-01/04 Singapore 339156

Country :	Singapore

Date of Incorporation :	30.04.1991

Com. Reg. No.:	199101937H

Legal Form :	Limited Exempt Private Company

Line of Business :	Trading of technologically innovative and user-friendly products of "Prolink"

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 30,000

Status :	Satisfactory

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:	Fida Int'l (S) Pte Ltd
Former:	Fichain International (S) Pte Ltd
Supplied Name:	Fida International (S) Pte Ltd.
Trading Address:	Block 16 Kallang Place, #06-02 Kallang Basin Industrial Estate, Singapore 339156.
Supplied Address:	Block 16, Kallang Place, #06-02 Kallang Basin Industrial Estate, Singapore 339156
Telephone Number:	+65-6357-0068
Fax Number:	+65-6357-0669
E-mail:	sales@fida.com

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

Credit Summary

Credit Rating:	Maximum credit USD 30,000
Credit Opinion:	Business connections are permissible.

Company Identification Details

Registered Name:	Fida Int'l (S) Pte Ltd
Registered Address:	16 Kallang Place #06-01/04 Singapore 339156
Date of Registration::	1991-4-30
Registered Number:	199101937H
Country of Incorporation:	Singapore
Registered Capital:	SGD 400,000 (USD 314,880) (As of 2011.11, 1 SGD = 0.7872 USD)
Paid-up Capital:	SGD 400,000 (USD 314,880) = 400,000 Shares@1 SGD
Legal Form:	Limited Exempt Private Company
Principal Activities:	Trading of technologically innovative and user-friendly products of "Prolink"
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No
Date of Last Annual Return:	2011-8-29

Notes: the Staff information is not available from subject or other sources.

History

Subject was incorporated on 1991-4-30 with registered number 199101937H as Limited Exempt Private Company in Singapore.

Change of Name:

Date	Change
1991-4-30	Fichain International (S) Pte Ltd
1991-7-6	Fida Int'l (S) Pte Ltd

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
Chien Kang-Min	138,000	34.5%
Huang Li-Yu	262,000	65.5%
Total	400,000	100%

Major Shareholder Information:

1
Name:	Chien Kang-Min
ID Number:	200481721
Address:	No. 38-3, Gugong Road, Shilin Dist., Taipei City 111, Taiwan
2
Name:	Huang Li-Yu
ID Number:	S2609370H
Address:	152 Prince Charles Crescent #06-14 Tanglin View Singapore 159013

Subsidiaries & Branches

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

Management Information

Core Management

Detailed Information of Management:

1
Name:	Chien Kang-Min
Position:	Director
ID Number:	200481721
Address:	No. 38-3, Gugong Road, Shilin Dist., Taipei City 111, Taiwan
Nationality:	Taiwanese
Date of Appointment:	1993-4-2
2
Name:	Teng Seok Goh
Position:	Secretary
ID Number:	S2010054J
Address:	17 Jubilee Road Singapore 128549
Nationality:	Singapore Citizen
Date of Appointment:	1998-10-28
3
Name:	Huang Li-Yu
Position:	Director
ID Number:	S2609370H
Address:	152 Prince Charles Crescent #06-14 Tanglin View Singapore 159013
Nationality:	Singapore Citizen
Date of Appointment:	1991-4-30
4
Name:	Wang Hsiao Tsu @ Charlotte Wang
Position:	Director
ID Number:	S2609371F
Address:	152 Prince Charles Crescent #06-14 Tanglin View Singapore 159013
Nationality:	Singapore Citizen
Date of Appointment:	1998-4-6

Operation Information

Offices & Factories

	Office
Address:	Block 16 Kallang Place, #06-02 Kallang Basin Industrial Estate, Singapore 339156.

Operation Information

Subject is a supplier of technologically innovative and user-friendly products of "PROLiNK" and PROLiNK specializes in a wide range of products of Data Communication, Networking, Wireless, Display, Backup UPS and Accessories providing effortless solutions for both wired and wireless networks

Subject mainly serves the local customers in Singapore.

Settlements

Purchase

Subject did not introduce its purchasing terms.

Sales

Domestic Markets

Product	Sales Terms	Proportion
Technologically innovative and user-friendly products, etc	COD, CBD, etc	100%

Overseas Markets

Subject has little export business.

Financial Information

We did not find any financial information of subject from local registry, and the only source from which we can obtain the relevant information should be the subject itself.

Subject declined to disclose its financial information; from other source we can not obtain the relevant information, either.

Bankers

Bank Charges

Charge Number:	C200901746
Date of Registration:	2009-3-23
Name:	United Overseas Bank Limited
Amount Secured:	All Monies

Auditors

Name:

Edwin Tay & Co.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.52.25
UK Pound	1	Rs.81.23
Euro	1	Rs.69.83

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.