MIRA INFORM REPORT

Report Date :

03.04.2012

IDENTIFICATION DETAILS

Name :	BMS ENGINEERING AND TRADING PTE. LTD.

Registered Office :	66 Tannery Lane #04-03 Sindo Industrial Building Singapore 347805

Country :	Singapore

Date of Incorporation :	16.12.2006

Com. Reg. No.:	200618787H

Legal Form :	Private Limited Exempt Company

Line of Business :	Distribution of systems.

No. of Employees :	More than 20 Employees

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 :	No Complaints
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:	BMS Engineering And Trading Pte. Ltd.
Supplied Name:	BMS Engineering And Trading Pte Ltd.
Trading Address:	66 Tannery Lane, #04-03, Sindo Building, Singapore 347805
Supplied Address:	66 Tannery Lane, #04-03 Sindo Building, Singapore 347805
Telephone Number:	+65-67448717
Fax Number:	+65-67441348
E-mail:	bms@bmsengrg.com.sg

Credit Summary

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

Company Identification Details

Registered Name:	BMS Engineering And Trading Pte. Ltd.
Registered Address:	66 Tannery Lane #04-03 Sindo Industrial Building Singapore 347805
Date of Registration::	2006-12-16
Registered Number:	200618787H
Country of Incorporation:	Singapore
Registered Capital:	SGD 1,060,000.00 (USD 842,058) (As of 2012.3, 1 SGD = 0.79440 USD)
Paid-up Capital:	SGD 1,060,000.00 (USD 842,058) = 1,060,000 Shares@1 SGD
Legal Form:	Private Limited Exempt Company
Principal Activities:	Distribution of systems.
Staff:	More than 20 Employees
Status:	Live Company
Listed at Stock Exchange:	No.
Date of Last Annual Return:	2011-4-28

History

Subject was incorporated on 2006-12-16 with registered number 200618787H as Private Limited Exempt Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
CHEW ANN TOON	40,000	3.77%
YONG SOW KAH	180,000	16.98%
CHOO HAR THONG	800,000	75.47%
DONG ZHEN	20,000	1.89%
RAMASAMY RAMESH	20,000	1.89%
Total	1,060,000	100%

Major Shareholder Information:

1
Name:	CHEW ANN TOON
ID Number:	S1385003H
Address:	134 SIMEI STREET 1 #03-184 Singapore 520134
Nationality:	Singapore Citizen
2
Name:	YONG SOW KAH
ID Number:	S1530314Z
Address:	118 TECK WHYE LANE #04-770 Singapore 680118
Nationality:	Singapore Citizen
3
Name:	CHOO HAR THONG
ID Number:	S2571947F
Address:	87B KOON SENG ROAD Singapore 427028
Nationality:	Singapore P.R.
4
Name:	DONG ZHEN
ID Number:	S2686757F
Address:	419 Ang Mo Kio Avenue 10 #03-1095 Null Singapore 560419
Nationality:	Singapore Citizen
5
Name:	RAMASAMY RAMESH
ID Number:	S7685499H
Address:	124 RIVERVALE DRIVE #06-177 Singapore 540124
Nationality:	Singapore P.R.

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:	YONG SOW KAH
Position:	Director
ID Number:	S1530314Z
Address:	118 Teck Whye Lane #04-770 Singapore 680118
Nationality:	Singapore Citizen
Date of Appointment:	2006-12-15
2
Name:	YONG SOW KAH
Position:	Secretary
ID Number:	S1530314Z
Address:	118 Teck Whye Lane #04-770 Singapore 680118
Nationality:	Singapore Citizen
Date of Appointment:	2006-12-15
3
Name:	CHOO HAR THONG
Position:	Director/ Managing Director
ID Number:	S2571947F
Address:	87b Koon Seng Road Singapore 427028
Nationality:	Singapore P.R.
Date of Appointment:	2009-6-19

Personnel Structure

Total Employees

More than 20 Employees

Operation Information

Offices & Factories

	Office
Address:	66 Tannery Lane, #04-03, Sindo Building, Singapore 347805

Production Information

l Subject is a trader of systems without any production activities

Sales Information

l Subject is mainly engaged in distributing of building management system.

l Subject is a main distributor of TAC VISTA Building Management System, local distributor of TA Balancing Valves and sole distributor of TA Balancing Valves in Brunei.

l Subject introduced that its brand named TA.

l Subject introduced some clients of it, such as IBM Building @ Tampines, Nexus Coca Cola Building @ Tuas, Singapore Polytechnic campus-wide, Ngee Ann Polytechnic campus-wide, National Archives of Singapore, Hitachi Global Storage Factory at Kaki Bukit, SLA Office @IRAS, etc.

l Subject’s selling territory mainly covers the domestic market.

Settlements

Subject declined to disclose the settlements information, and from other sources, we couldn’t obtain the information, either.

Financial Information

In Singapore, Limited Exempt Private Companies are not obligated to submit their financial statements to the local registry. The subject also declined to disclose such information due to the confidentiality reason.

Subject declined to disclose the financial information, and from other sources, we couldn’t obtain the information, either.

Bankers

Open Account Bank

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

Auditors

Name:

F M KOK & CO

Public

Charges

Charge 1
Charge Number:	C201109909
Date of Registration:	2011-8-10
Name:	MALAYAN BANKING BERHAD
Amount Secured:	All Monies

Interview Details

Name:

Mr. Choo

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.16
UK Pound	1	Rs.81.79
Euro	1	Rs.68.34

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.