MIRA INFORM REPORT

Report Date :

30.11.2011

IDENTIFICATION DETAILS

Name :	ROBINSON CLUB MALDIVES PVT LTD
Registered Office :	5Fl H Maaram Bldg Ameer Ahmed, Henveiru, Male 20077
Country :	Maldives
Date of Incorporation :	16.02.2009
Legal Form :	Private Limited
Line of Business :	Service Provider of Hotel, Entertainment & Recreation
No. of Employees :	25

RATING & COMMENTS

MIRA’s Rating :

B

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

Status :	Moderate
Payment Behaviour :	Unknown
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, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
Maldives	C1	C1

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

REGISTERED NAME & COMPANY SUMMARY

Company Details

Organization Name	:	ROBINSON CLUB MALDIVES PVT LTD
Address	:	5Fl H Maaram Bldg Ameer Ahmed, Henveiru, Male 20077
Country	:	Maldives
Phone (S)	:	[+960]-3009095
Facsimile	:	[+960]-3009093
Email	:	sales.maldives@robinson.de
Website	:	http://www.robinson-maldives.com
Primary Business Activity	:	Service
Key Industry	:	Hotel, Entertainment & Recreation

Registered Legal Address			:		5Fl H Maaram Bldg Ameer Ahmed, Henveiru, Male 20077
Operational Address			:		5Fl H Maaram Bldg Ameer Ahmed, Henveiru, Male 20077
Issuing Authority			:		Ministry of Trade & Industries - National
License Number			:		C-0196/2009
Legal Form - Category			:		Private Company with Limited Liability
Legal Form			:		Private Limited
Legal Form - Abbreviation			:		PVT LTD
Operational Status of Business		:		Normal
Date of Registration		:		16 Feb, 2009
Employees		:		25
Capital		:		n/a^(1)
Note		:		^(1) Not applicable. According to the corporate statutory laws for this type of Legal Form - Category(Private Company with Limited Liability) in Maldives, there is no requirement for Authorized Capital.
	Report Details

Country	:	Maldives
Business Entity Name	:	ROBINSON CLUB MALDIVES PVT LTD
Primary Business Activity	:	Service
Primary Industry	:	Hotel, Entertainment & Recreation
Office Contact Details
Operating Address	:	5Fl H Maaram Bldg Ameer Ahmed, Henveiru, Male 20077
Tel	:	[+960]-3009095
Fax	:	[+960]-3009093
Email	:	sales.maldives@robinson.de
Website Details
Website	:	http://www.robinson-maldives.com
Status	:	Normal - operational
Country of Registration	:	Maldives
Ownership Type	:	Registered ownership by Subject Business Entity

DIRECTORS/MANAGEMENT

COMPANY MANAGEMENT

Management Listings

	Name	Nationality	Job Description	Dept. / Division
1	Ms. Lola Stojkovic	Maldivian	Manager	Sales

Management Details - 1

Personal Unique Identifier	:	MI03019633
Name	:	Ms. Lola Stojkovic

COMPANY DIRECTORS

1
Personal Unique Identifier	:	MI03019684
Name	:	Mr. Armangan Gunaydin
Nationality	:	Maldivian

Based on corporate statutory laws /regulations in Maldives, there is no requirement for public disclosure of Director. In this case, the Director 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.

NEGATIVE 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

SHAREHOLDERS

Not available - According to the corporate statutory laws for this type of Legal Form - Category (Private Company with Limited Liability) in Maldives, there is no public disclosure of Shareholders.

PAYMENT INFORMATION

Na

GROUP STRUCTURE & AFFILIATED COMPANIES

Na

FINANCIAL INFORMATION

FINANCIAL STATEMENT - DETAILED

Based on the corporate laws of Maldives, 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

Na

ADDITIONAL INFORMATION

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Hotels & Motels	7011	Service
Hotels & Other Lodging Places	7000	Service

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Business services, health, financial/insur. legal/real estate, hotels, and misc repairs	9900	Service
Hotels and motels	9942	Service

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of ROBINSON CLUB MALDIVES PVT LTD is:

• Specialized professional services
• Hotels
• Resorts

DOMESTIC SALES & PURCHASES

Annual Sales Analysis	Percentage
Domestic Sales	100%

REPUTATION

Due to the recent incorporation of the ROBINSON CLUB MALDIVES PVT LTD, and the relatively small nature of its business, no meaningful points of reference in terms of reputation within the respective industry was possible.

OFFICE & FACILITIES

Name	:	ROBINSON CLUB MALDIVES PVT LTD - HENVEIRU, MALE
Address	:	5Fl H Maaram Bldg Ameer Ahmed, Henveiru, Male 20077
Country	:	Maldives
Status	:	Operational

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.93
UK Pound	1	Rs.80.62
Euro	1	Rs.69.36

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.