MIRA INFORM REPORT

Report Date :

25.04.2012

IDENTIFICATION DETAILS

Name :	TKT FACILITY & ENVIRONMENTAL SYSTEMS CORP.
Registered Office :	5f, No.8, Ln. 321, Yangguang St., Neihu Dist., Taipei City 11491
Country :	Taiwan
Date of Incorporation :	20.02.2012
Com. Reg. No.:	53738540
Legal Form :	Joint Stock Company
Line of Business :	Designing, and equipment installation engineering, etc.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

NB

RATING		STATUS	PROPOSED CREDIT LINE
----	NB	New Business	----

Status :	New Company
Payment Behaviour :	Unknown
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, 2012

Country Name	Previous Rating (31.12.2011)	Current Rating (31.03.2012)
Taiwan	a2	a2

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

Contact Points

Company Name:	TKT Facility & Environmental Systems Corp.
Supplied Name:	TKT Facility & Environmental Systems Corp.
Trading Address:	5f, No.8, Ln. 321, Yangguang St., Neihu Dist., Taipei City 11491, Taiwan (R.O.C.)
Supplied Address:	5F, No. 8, Lane 321 Taipei
Telephone Number:	+886 2-26562758

Notes:

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

Credit Summary

Credit Opinion:

Since the subject is a newly established company, the future development remains to be seen. At this stage credits require securities.

Special Note

According to the supplied name and address, we found a telephone number of subject (+886 2-26562758), and a man answered the phone, but he declined to disclose any information about subject, except the name and address

From other sources, we found that subject is mainly engaged in doing the fire safety equipment installation engineering, and the related engineering, since subject declined to confirm the information, we can not confirm the information.

We found subject’s registration information as follows for reference.

Company Identification Details

Registered Name:	TKT Facility & Enviromental Systems Corp.
Registered Address:	5f, No.8, Ln. 321, Yangguang St., Neihu Dist., Taipei City 11491, Taiwan (R.O.C.)
Date of Foundation:	2012-2-20
Registration Number:	53738540
Registry:	Taipei City Government
Registered Capital:	NTD 5,000,000 (USD 169,355) (As of 2012.4, 1 NTD = 0.03387 USD)
Paid-up Capital:	NTD 5,000,000 (USD 169,355)
Legal Representatives:	Shifeng Huang
Legal Form:	Joint Stock Company
Principal Activities:	Designing, and equipment installation engineering, etc.
Staff:	N/A
Listed at Stock Exchange:	No
Date of Last Annual Return:	2012-3-27

Note:

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

History

Subject was incorporated on 2012-2-20 with registered number 53738540 as Joint Stock Company in Taiwan.

Shareholders

Name	Subscription Shares
Shifeng Huang	475,000

The information above is that of subject’s major shareholders.

Subsidiaries & Branches

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

Personnel Information

Core Management

Directors

1
Name	Shifeng Huang
Position	Board of Chairman
2
Name	Christian Antony Peluso
Position	Director
3
Name	Ulrich Hamm
Position	Director
Date of Appointment
4
Name	Achim Wolfgang Neudeck
Position	Supervisor

Operation Information

Offices & Factories

	Headquarters
Add	5f, No.8, Ln. 321, Yangguang St., Neihu Dist., Taipei City 11491, Taiwan (R.O.C.)

Operation Information

l The registered activities of subject:

Business Code	Details
E604010	Machinery installation Industry
I503010	Design Industry
F401010	International trade
ZZ99999	Besides licensed business, all other business items those are not banned or restricted.

l From other sources, we found that subject is mainly engaged in doing the fire safety equipment installation engineering, and the related engineering, since subject declined to confirm the information, we can not confirm the information.

Import and export right:

Import right	Yes
Export right	Yes

Settlements

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

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 is a newly established company, the financial information is not available.

Bankers

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

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.

Note:

The staff declined to disclose his name.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.52.79
UK Pound	1	Rs.85.17
Euro	1	Rs.69.53

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.