MIRA INFORM REPORT

Report Date :

13.10.2011

IDENTIFICATION DETAILS

Name :	BATAVIA EXIMP & CONTRACTING (S) PTE LTD

Registered Office :	101 Cecil Street #23-03 Tong Eng Building Singapore 069533

Country :	Singapore

Date of Incorporation :	14.03.1981

Com. Reg. No.:	198101038D

Legal Form :	Limited Exempt Private Company

Line of Business :	General wholesale trade (including general importers and exporters)

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 20,000
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^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:	Batavia Eximp & Contracting (S) Pte Ltd
Supplied Name:	Batavia Eximp And Contrcting (S) Pte. Ltd.
Supplied Address:	#23-03, Tong Eng. Building, 101 Cecil Street, Singapore 069533

Credit Summary

Credit Rating:	Maximum credit USD 20,000
Credit Opinion:	Business connections are permissible.

Special Note

According to the supplied name and address, we found a telephone number (+65- 6225-5633), we tried to contact the subject, but a staff told us that the telephone number belongs to a bank, but she declined to disclose the name of the bank. And we found an e-mail (batavia@singnet.com.sg) of subject, and we sent an e-mail to it, but there’s no response until the deadline of the report.

The registration files show that subject is engaged in general wholesale trade (including general importers and exporters), since we did not get in touch with subject, we can not confirm the information.

We found subject’s registration information as follows for reference.

Company Identification Details

Registered Name:	Batavia Eximp & Contracting (S) Pte Ltd
Registered Address:	101 Cecil Street #23-03 Tong Eng Building Singapore 069533, Singapore
Date of Registration::	1981-3-14
Registered Number:	198101038D
Country of Incorporation:	Singapore
Registered Capital:	SGD1,750,000.00 (USD ) (As of 2011.06, 1 SGD = 0.8133 USD)
Paid-up Capital:	SGD (USD ) = Shares@1 SGD
Legal Form:	Limited Exempt Private Company
Principal Activities:	46900 General wholesale trade (including general importers and exporters) 46100 Wholesale on a fee or contract basis (eg commission agents)
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No.
Date of Last Annual Return:	2011-7-20

Note:

The staff number is not available from the subject or other sources.

History

Subject was incorporated on 1981-3-14 with registered number 198101038D as Limited Exempt Private Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
JAYANTKUMAR CHANDULAL KAPASI	52,500	3%
KAPASI RANJIT CHANDULAL	52,500	3%
RASESHKUMAR CHANDULAL KAPASI	52,500	3%
KAPASI CHIRAG VIJAY	52,500	3%
CHUA CHIN SEONG	350,000	20%
MODY ATISH JITENDRA	210,000	12%
VIJAY CHANDULAL KAPASI	472,500	27%
HASANMIYA SULEMAN DARVESH	507,500	29%
Total	1,750,000.00	100%

Major Shareholder Information:

1
Name:	JAYANTKUMAR CHANDULAL KAPASI
ID Number:	710188172
Address:	4400 The Woods Drive Apartment 601 San Jose California 951363849 USA.
Nationality:	American
2
Name:	KAPASI RANJIT CHANDULAL
ID Number:	A1991818
Address:	Modern Garment Factory P O Box 2152 Area Code 112 Ruwi Sultanate Of Oman
Nationality:	Indian
3
Name:	RASESHKUMAR CHANDULAL KAPASI
ID Number:	F4127410
Address:	M/S Specom P O Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
4
Name:	KAPASI CHIRAG VIJAY
ID Number:	F7779718
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
5
Name:	CHUA CHIN SEONG
ID Number:	S2009039A
Address:	14a Camden Park Camden Park Singapore 299816
Nationality:	Singapore Citizen
6
Name:	MODY ATISH JITENDRA
ID Number:	S2751998I
Address:	83 Meyer Road #12-02 Meyer Park Singapore 437910
Nationality:	Singapore Citizen
7
Name:	VIJAY CHANDULAL KAPASI
ID Number:	V321384
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
8
Name:	HASANMIYA SULEMAN DARVESH
ID Number:	Z1819092
Address:	M/S Abou Nabil L.L.C. P.O. Box 174 Area Code 114 Muscat Sultanate Of Oman
Nationality:	Indian

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:	RASESHKUMAR CHANDULAL KAPASI
Position:	Director
ID Number:	F4127410
Address:	M/S Specom P O Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
Date of Appointment:	1986-7-21
2
Name:	KAPASI CHIRAG VIJAY
Position:	Director
ID Number:	F7779718
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
Date of Appointment:	2008-6-9
3
Name:	CHUA CHIN SEONG
Position:	Director
ID Number:	S2009039A
Address:	14a Camden Park Camden Park Singapore 299816
Nationality:	Singapore Citizen
Date of Appointment:	1983-5-16
4
Name:	WONG SOOK ENG
Position:	Secretary
ID Number:	S2167747G
Address:	36 Bedok South Avenue 2 #16-405 Singapore 460036
Nationality:	Singapore Citizen
Date of Appointment:	1983-5-17
5
Name:	MODY ATISH JITENDRA
Position:	Managing Director
ID Number:	S2751998I
Address:	83 Meyer Road #12-02 Meyer Park Singapore 437910
Nationality:	Singapore Citizen
Date of Appointment:	1984-6-1
6
Name:	VIJAY CHANDULAL KAPASI
Position:	Director
ID Number:	V321384
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
Date of Appointment:	1983-5-16
7
Name:	HASANMIYA SULEMAN DARVESH
Position:	Director
ID Number:	Z1819092
Address:	M/S Abou Nabil L.L.C. P.O. Box 174 Area Code 114 Muscat Sultanate Of Oman
Nationality:	Indian
Date of Appointment:	1983-5-16

Operation Information

Offices & Factories

	Office
Address:	101 Cecil Street #23-03 Tong Eng Building Singapore 069533, Singapore

Operation Information

We contacted the subject unsuccessfully.

We obtained the registered activities of the subject as follows for reference.

Business Code	Details
46900	General wholesale trade (including general importers and exporters)
46100	Wholesale on a fee or contract basis (eg commission agents)

Settlements

We couldn’t contact the subject successfully, and the settlement information is not available from the subject or other sources.

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 itself.

And we couldn’t contact the subject successfully; the financial information is not available from the subject.

Bankers

The bankers’ information is not available from the subject or other sources.

Auditors

Name:

WU CHIAW CHING & COMPANY

Public

Charges

Charge 1
Charge Number:	C200306006
Date of Registration:	2003-12-12
Name:	INDIAN BANK
Amount Secured:	All Monies
Charge 2
Charge Number:	C200808785
Date of Registration:	2008-9-20
Name:	INDIAN BANK
Amount Secured:	All Monies

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.24
UK Pound	1	Rs.76.80
Euro	1	Rs.67.17

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.