MIRA INFORM REPORT

Report Date :

02.09.2011

IDENTIFICATION DETAILS

Name :	K K POWER (ASIA) CO., LTD.

Registered Office :	Dongguang yuan Road, Lane 64, No. 2 F1

Country :	Taiwan

Date of Incorporation :	14.04.1980

Com. Reg. No.:	52593139

Legal Form :	Private Limited Liability Company

Line of Business :	--

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Dissolved

Payment Behaviour :	--

Litigation :	--

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 – March 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Taiwan

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

Contact Points

Company Name:	K K Power (Asia) Co., Ltd.
Supplied Name:	K K Power Aisa Co. Ltd.
Supplied Address:	No. 1 Lane 132, 1st St. Lai Hao, Ta-Li City, Taichung Hsien 412, Taiwan

Credit Summary

Credit Opinion:

Since we did not get contact with subject, subject’s operation information is not confirmed, thus we did not give the credit rating at this stage.

Special Notes

We did not find any contact information of subject according to the supplied name or the supplied address. From public files, we found that subject is has been dissolved.

Up to the date of reporting, we did not get contact with subject, if you kindly supply contact information of subject, we’d like to continue our investigation.

We found the registered information of subject from local registry, supplying as follows for reference.

Company Identification Details

Registered Name:	K K Power (Asia) Co., Ltd.
Registered Address:	Dongguang yuan Road, Lane 64, No. 2 F1
Date of Foundation:	1980-4-14
Registration Number:	52593139
Registry:	MOEA Central Office
Registered Capital:	NTD 15,000,000 (USD 516,000) (As of 2011.08, 1 NTD = 0.0344 USD)
Legal Form:	Private Limited Liability Company
Staff:	0 Employees
Listed at Stock Exchange:	No
Date of Last Annual Return:	2005-12-20

Notes: We obtain the staff number of subject from public files which is not confirmed by subject.

History

Subject was incorporated on 1980-4-14 with registered number 52593139 as Private Limited Liability Company in Taiwan.

Shareholders

Since the subject has been dissolved, the information of shareholders is not available.

Subsidiaries & Branches

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

Personnel Information

Since the subject has been dissolved, the information of personnel is not available.

Financial Information

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Taiwan and the only source from which we can obtain the information is the subject itself.

Since the subject has been dissolved, the information is not available.

Bankers

Since the subject has been dissolved, the information is not available.

Public Record

Mortgage

No chattel mortgage record of subject has been found within the recent 3 months.

Lawsuit

Up to date of reporting, no existing or latent litigation of the subject has been found.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.46.01
UK Pound	1	Rs.75.42
Euro	1	Rs.66.69

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.