MIRA INFORM REPORT

Report Date :

20.04.2012

IDENTIFICATION DETAILS

Name :	MULTI BIZ TRADING LLC

Registered Office :	Girex Building, 2^nd Floor, Al Ras Street, Al Ras, P O Box 251197, Dubai

Country :	United Arab Emirates

Date of Incorporation :	08.05.2007

Com. Reg. No.:	1009507, Dubai

Legal Form :	Limited Liability Company – LLC

Line of Business :	Import and distribution of general foodstuffs and beverages.

No of Employee:	6

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 :	US$ 150,000

Status :	Satisfactory

Payment Behaviour :	No Complaints

Litigation :	Clear

SUMMARY

Company Name : MULTI BIZ TRADING LLC

Country of Origin : Dubai, United Arab Emirates

Legal Form : Limited Liability Company - LLC

Registration Date : 8^th May 2007

Commercial Registration Number : 1009507, Dubai

Trade Licence Number : 594973

Chamber Membership Number : 118853

Issued Capital : UAE Dh 300,000

Paid up Capital : UAE Dh 300,000

Total Workforce : 6

Activities : Import and distribution of general foodstuffs and beverages.

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

Recommended Credit Limit : US$ 150,000

COMPANY NAME

MULTI BIZ TRADING LLC

ADDRESS

Registered & Physical Address

Building : Girex Building, 2^nd Floor

Street : Al Ras Street

Area : Al Ras

PO Box : 251197

Town : Dubai

Country : United Arab Emirates

Telephone : (971-4) 2262125

Facsimile : (971-4) 2262584

Mobile : (971-50) 3538623

Email : mbtdxb@eim.ae

Premises

Subject operates from a small suite of offices that are rented and located in the Central Business Area of Dubai.

KEY PRINCIPALS

Name Nationality Position

· Saleem Althaf Kasim Indian Managing Director

· Abdulhakim Raheem Bakhsh Murad Eissa Emirati Director

LEGAL FORM & OWNERS

Date of Establishment : 8^th May 2007

Legal Form : Limited Liability Company - LLC

Commercial Reg. No. : 1009507, Dubai

Trade Licence No. : 594973 (Expires 6^th May 2009)

Chamber Member No. : 118853

Issued Capital : UAE Dh 300,000

Paid up Capital : UAE Dh 300,000

Name of Shareholder (s) Percentage

· Abdulhakim Raheem Bakhsh Murad Eissa 51%

· Saleem Althaf Kasim 49%

OPERATIONS

Activities: Engaged in the import and distribution of general foodstuffs and beverages.

Import Countries: India and Asia

Subject has a workforce of 6 employees.

FINANCIAL DATA

Companies registered in Dubai, United Arab Emirates are not legally required to make their accounts public and no financial information was released by the company or submitted by outside sources.

BANKERS

· Mashreq Bank Plc

Deira Branch

PO Box : 1250

Dubai

Tel : (971-4) 2229131 / 2221134

Fax : (971-4) 2233784

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

Established in 2007, subject is owned and managed by Mr Saleem Althaf Kasim, an Indian national who operates in Dubai under the local sponsorship of Mr Abdulhakim Raheem Bakhsh Murad Eissa

Local sources report that the subject’s operating history is clear with payment obligations met in a generally timely manner. The financial position is satisfactory and the business is deemed a fair trade risk.

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.89
UK Pound	1	Rs.83.18
Euro	1	Rs.68.06

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

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.