MIRA INFORM REPORT

Report Date :

19.09.2011

IDENTIFICATION DETAILS

Name :	KENRICH PARTNERS PTE LTD

Registered Office :	77 Science Park Drive #02-11 Cintech Iii Building Singapore 118256

Country :	Singapore

Date of Incorporation :	11.11.1998

Com. Reg. No.:	199805555E

Legal Form :	Limited Exempt Private Company

Line of Business :	Fund Management

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 20,000

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 – March 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Singapore

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

Bottom of Form

Contact Points

Company Name:	Kenrich Partners Pte Ltd
Supplied Name:	Kenrich Partners Pte Ltd.
Trading Address:	77 Science Park Drive #02-11 Cintech Iii Building Singapore 118256, Singapore
Supplied Address:	77 Science Park Drive #02-11 Cintech III,Singapore 118256
Telephone Number:	+65-6874-7700.
Fax Number:	+65-6779-8977
E-mail:	richard@kenrich.com.sg

Note:

The supplied address is incomplete, and the exact address is as above.

Credit Summary

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

Company Identification Details

Registered Name:	Kenrich Partners Pte Ltd
Registered Address:	77 Science Park Drive #02-11 Cintech Iii Building Singapore 118256
Date of Registration::	1998-11-11
Registered Number:	199805555E
Country of Incorporation:	Singapore
Registered Capital:	SGD 300,000 (USD 239,310) (As of 2011.09, 1 SGD = 0.7977 USD)
Paid-up Capital:	SGD 300,000 (USD 239,310) = 300,000 Shares@1 SGD
Legal Form:	Limited Exempt Private Company
Principal Activities:	Fund Management
Staff:	About 5 Employees
Status:	Live Company
Listed at Stock Exchange:	No
Date of Last Annual Return:	2010-11-23

History

Subject was incorporated on 1998-11-11 with registered number 199805555E as Limited Exempt Private Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
Toh Boon Hwee Richard	148,564	49.5%
Wong-Quek Horng Selina	15,000	5%
Lim Ho Kee	28,200	9.4%
Soh Foong Chai	108,236	36.1%
Total	300,000	100%

Major Shareholder Information:

1
Name:	Toh Boon Hwee Richard
ID Number:	S1712206A
Address:	21 Telok Blangah Drive #21-04 Harbour View Towers Singapore 109258
2
Name:	Wong-Quek Horng Selina
ID Number:	S1790057I
Address:	8 Faber Walk Faber Hills Singapore 128951
3
Name:	Lim Ho Kee
ID Number:	S2164295I
Address:	15 Grange Road #28-15 Grange Heights Singapore 239696
4
Name:	Soh Foong Chai
ID Number:	S7539316D
Address:	30 Lorong 5 Toa Payoh #10-625 Singapore 310030

Subsidiaries & Branches

Subject did not register 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:	Anne Choo
Position:	Director
ID Number:	S1256587I
Address:	34 Jalan Rebana Faber Garden Singapore 577003
Nationality:	Singapore Citizen
Date of Appointment:	1999-1-18
2
Name:	Anne Choo
Position:	Secretary
ID Number:	S1256587I
Address:	34 Jalan Rebana Faber Garden Singapore 577003
Nationality:	Singapore Citizen
Date of Appointment:	1999-1-18
3
Name:	Toh Boon Hwee Richard
Position:	Director
ID Number:	S1712206A
Address:	21 Telok Blangah Drive #21-04 Harbour View Towers Singapore 109258
Nationality:	Singapore Citizen
Date of Appointment:	1998-11-11
4
Name:	Justina Soon Hsu-Lin
Position:	Secretary
ID Number:	S7497243H
Address:	50 Bukit Batok Street 31 #15-03 Madeira, The Singapore 659442
Nationality:	Singapore Citizen
Date of Appointment:	2005-8-30
5
Name:	Soh Foong Chai
Position:	Director
ID Number:	S7539316D
Address:	30 Lorong 5 Toa Payoh #10-625Singapore 310030
Nationality:	Singapore Citizen
Date of Appointment:	2007-7-15

Personnel Structure

Total Employees

77 Science Park Drive #02-11 Cintech Iii Building Singapore 118256, Singapore

Operation Information

Offices & Factories

	Office
Address:	77 Science Park Drive #02-11 Cintech Iii Building Singapore 118256, Singapore

Production Information

l Subject is a fund manager without any production activities.

Sales Information

l Subject is mainly involved in fund management.

l Subject declined to disclose more information unless we disclose the information about out client.

Settlements

Subject declined to disclose any information about settlements.

Financial Information

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore, subject did not submit the latest information to the local registry, and the only source from which we can obtain the information is the subject itself.

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

Bankers

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

Auditors

Name:

Hoon Tai Meng & Co

Interview Details

Name:

Mr. Zhuo

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.47.47
UK Pound	1	Rs.74.96
Euro	1	Rs.65.79

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.