MIRA INFORM REPORT

Report Date :

14.10.2011

IDENTIFICATION DETAILS

Name :	TAYTONN PTE. LTD.

Registered Office :	51 Science Park Road, #04-17, Aries, The Singapore 117586

Country :	Singapore

Date of Incorporation :	22.01.2002

Com. Reg. No.:	200200399C

Legal Form :	Private Limited Liability Company

Line of Business :	Trader of the Fragrance and Flavor without any production activities

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 10,000

Status :	Satisfactory

Payment Behaviour :	Usually Correct

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)

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:	Taytonn Pte. Ltd.
Supplied Name:	Taytonn Pte Ltd.
Trading Address:	51 Science Park Road , # 04-17 The Aries , Science Park 2 , Singapore 117586
Supplied Address:	51, Science Park Road, 04-17, The Aries Science Park 2, Singapore 117586
Telephone Number:	+65- 6861 8113
Fax Number:	+65-6861 8115
E-mail:	info@taytonn.com/ jbjay@taytonn.com

Credit Summary

Credit Rating:	Maximum credit USD 10,000
Credit Opinion:	Business connections are permissible.

Company Identification Details

Registered Name:	Taytonn Pte. Ltd.
Registered Address:	51 Science Park Road, #04-17, Aries, The Singapore 117586
Date of Registration::	2002-1-22
Registered Number:	200200399C
Country of Incorporation:	Singapore
Paid-up Capital:	SGD 825,000.00 (USD644,275 )= 825,000 Shares@1 SGD (As of 2011.10, 1 SGD = 0.78094 USD)
Legal Form:	Private Limited Liability Company
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No.
Date of Last Annual Return:	2010-12-31

Note:

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

History

Subject was incorporated on 2002-1-22 with registered number 200200399C as Private Limited Liability Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
BRIAN EUGENE KRESSIN	4,400	0.53
TAY LIANG BOON	25,630	3.11
LOO AH PHAIK @ LOO PHAIK TIN	134,969	16.36
ALAN SEE KEAT HIN	11,001	1.33
TAY LEE LEAN	11,000	1.33
SEE TEOW KHENG	263,999	32.00
TAN SOO YONG	11,000	1.33
SEOW YEOW HIN	24,000	2.90
EUNICE PECK	4,400	0.53
HOH HEEN HIANG	22,000	2.67
TAY JOE BOY	312,601	37.90
Total	825,000	=100

Major Shareholder Information:

1
Name:	BRIAN EUGENE KRESSIN
ID Number:	15925778I
Address:	5 WHEELER DRIVE CORTLANDT MANO R NY 10567, USA
Nationality:	American Samoa
2
Name:	TAY LIANG BOON
ID Number:	A5897376
Address:	37 MEDAN MAYANG PASIR 11950 BA YAN BARU PENANG MALAYSIA
Nationality:	Malaysian
3
Name:	LOO AH PHAIK @ LOO PHAIK TIN
ID Number:	A8919025
Address:	25 JALAN FETTES 1120O TANJUNG BUNGAH PENANG MALAYSIA
Nationality:	Malaysian
4
Name:	ALAN SEE KEAT HIN
ID Number:	A9333987
Address:	23 JALAN 20/11 46300 PETALING JAYA SELANGOR MALAYSIA
Nationality:	Malaysian
5
Name:	TAY LEE LEAN
ID Number:	A9393216
Address:	49 LYONS ST BROOKLYN PARK SOUT H AUSTRALIA 5032 AUSTRALIA
Nationality:	Malaysian
6
Name:	SEE TEOW KHENG
ID Number:	A9562770
Address:	11 JALAN 20/2 46300 PETALING J AYA SELANGOR MALAYSIA
Nationality:	Malaysian
7
Name:	TAN SOO YONG
ID Number:	S0038745B
Address:	39 UPPER BOON KENG ROAD #24-2414 Singapore 380039
Nationality:	Singapore Citizen
8
Name:	SEOW YEOW HIN
ID Number:	S0291496D
Address:	190 BISHAN STREET 13 #03-425 Singapore 570190
Nationality:	Singapore Citizen
9
Name:	EUNICE PECK
ID Number:	S0569521Z
Address:	190 BISHAN STREET 13 #03-425 Singapore 570190
Nationality:	Singapore Citizen
10
Name:	HOH HEEN HIANG
ID Number:	S6872899A
Address:	58 GARLICK AVENUE Singapore 279671
Nationality:	Singapore P.R.
11
Name:	TAY JOE BOY
ID Number:	S6874130J
Address:	95 BURGUNDY CRESCENT BURGUNDY HILL Singapore 658797
Nationality:	Singapore P.R.

Subsidiaries & Branches

Korean Representative:

Name:	ACTCO KOREA
Address:	1708 Hwanghwa Bldg , 832-7 Yeoksam-dong , Kangnam-ku , Seoul 135-080 , Korea
Tel:	+ 82 2 561 5941~3
Fax:	+ 82 2 561 5940
E-mail:	sdtactco@hotmail.com

Manage Information

Core Management

Detailed Information of Management:

1
Name:	ALAN SEE KEAT HIN
Position:	Director
ID Number:	A9333987
Address:	23 JALAN 20/11 46300 PETALING JAYA SELANGOR MALAYSIA
Nationality:	Malaysian
Date of Appointment:	2002-1-22
2
Name:	SEOW YEOW HIN
Position:	Director
ID Number:	S0291496D
Address:	190 BISHAN STREET 13 #03-425 Singapore 570190
Nationality:	Singapore Citizen
Date of Appointment:	2002-1-25
3
Name:	CHAN HWEE PING
Position:	Secretary
ID Number:	S1284083G
Address:	606 HOUGANG AVENUE 4 #07-169 Singapore 530606
Nationality:	Singapore Citizen
Date of Appointment:	2004-12-1
4
Name:	TAY JOE BOY
Position:	Director
ID Number:	S6874130J
Address:	95 BURGUNDY CRESCENT BURGUNDY HILL Singapore 658797
Nationality:	Singapore P.R.
Date of Appointment:	2002-1-22

Operation Information

Offices & Factories

	Office
Address:	51 Science Park Road , # 04-17 The Aries , Science Park 2 , Singapore 117586

Production Information

l Subject is a trader of the Fragrance and Flavor without any production activities

Purchase

l Subject purchases the Fragrance and Flavor products from all over the world.

Sales Information

l Subject is mainly engaged in trading of the Fragrance and Flavor industry.

l Subject’s products are Aroma Chemicals, Essential Oils, Natural Isolates & Extracts, Flavor Ingredients, etc.

l Subject introduced the main principals and suppliers of subject, such as AROFINE CHEMICAL INDUSTRIES, C.V.AROMA & CO, KAO CHEMICALS, OXFORD CHEMICALS LTD, XIAMEN DOINGCOM CHEMICAL CO. LTD and so on.

l Subject’s selling territory is mainly Asia.

Settlements

Purchase

Subject declined to disclose any information about the purchase settlement. And we couldn’t obtain the information from other sources.

Sales

Domestic Markets

Product	Sales Terms	Proportion
Aroma Chemicals, Essential Oils, Natural Isolates & Extracts, Flavor Ingredients, etc.	COD, etc	100%

Overseas Markets

Product	Sales Terms	Proportion
Aroma Chemicals, Essential Oils, Natural Isolates & Extracts, Flavor Ingredients, etc.	T.T, L/C	100%

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.

Subject’s relevant staff Mr. Jay declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

Auditors

Name:

CHAN HOCK SENG & COMPANY

Bankers

Charges

Charge Number:	C200506837
Date of Registration:	02-11-2005
Name:	STANDARD CHARTERED BANK
Amount Secured:	All Monies

Interview Details

Name:

Mr. Jay

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.02
UK Pound	1	Rs.77.13
Euro	1	Rs.67.55

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.