MIRA INFORM REPORT

Report Date :

08.12.2012

IDENTIFICATION DETAILS

Name :	ARIES FERTILIZERS GROUP PTE. LTD.

Formerly Known As :	ARIES FERTILIZERS GROUP PRIVATE LIMITED

Registered Office :	6 Shenton Way, #10-10 DBS Building Singapore 068809

Country :	Singapore

Date of Incorporation :	06.01.2012

Com. Reg. No.:	201200617G

Legal Form :	Private Limited Liability Company

Line of Business :	General wholesale trade (including general importers and exporters)

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

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

Status :	New Business
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)

Singapore

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

Singapore - ECONOMIC OVERVIEW

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. Real GDP growth averaged 8.6% between 2004 and 2007. The economy contracted 1.0% in 2009 as a result of the global financial crisis, but rebounded 14.8% in 2010 and 4.9% in 2011, on the strength of renewed exports. Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity, which has sunk to a compound annual growth rate of just 1.8% in the last decade. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia's financial and high-tech hub.

Source : CIA

Contact Points

Company Name:	ARIES FERTILIZERS GROUP PTE. LTD.
Supplied Name:	Aries Fertilizers Group Pte Ltd
Supplied Address:	6 Shenton Way DBS Building Tower 2 #10-10 Singapore 068809

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 couldn’t obtain the contact methods of subject. And if you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, we shall be pleased to have the investigation resumed.

The registration files show that subject is engaged in general wholesale trade, since we did not get in touch with subject, we can not confirm the information.

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

Company Identification Details

Registered Name:	ARIES FERTILIZERS GROUP PTE. LTD.
Registered Address:	6 Shenton Way, #10-10 DBS Building Singapore 068809
Date of Registration::	2012-1-6
Registered Number:	201200617G
Country of Incorporation:	Singapore
Registered Capital:	USD 5,000,000.00
Paid-up Capital:	USD 5,000,000.00= 5,000,000 Shares@1 USD
Legal Form:	Private Limited Liability Company
Principal Activities:	46900 General wholesale trade (including general importers and exporters)
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No.
Date of Last Annual Return:	N/A

Note:

The staff number is not available from the subject or other sources.

History

Subject was incorporated on 2012-1-6 with registered number 201200617G as Private Limited Liability Company in Singapore.

Change of Name:

Date	Change
2012-3-2	ARIES FERTILIZERS GROUP PRIVATE LIMITED

Shareholders

Unit: USD

Name	Subscription Amount	Proportion of Investment (%)
FERTRADE CONSULTANCY PTE. LTD.	500,000	10%
Z-SYNERGY INTERNATIONAL PTE. LTD.	1,000,000	20%
KAIFERT HOLDINGS PTE. LTD.	2,000,000	40%
ARIES SINGAPORE INVESTMENTS PRIVATE LIMITED	1,499,999	29.99%
BHAMIDIPATINAG BHUSHAN RAO	1	0.01%
Total	5,000,000	100%

Major Shareholder Information:

1
Name:	FERTRADE CONSULTANCY PTE. LTD.
Registered Number:	201111191C
Address:	1 North Bridge Road #22-07 High Street Centre Singapore 179094
Country of Incorporation:	Singapore
2
Name:	Z-SYNERGY INTERNATIONAL PTE. LTD.
Registered Number:	201131735M
Address:	10 Anson Road #18-17 International Plaza Singapore 079903
Country of Incorporation:	SINGAPORE
3
Name:	KAIFERT HOLDINGS PTE. LTD.
Registered Number:	201136416R
Address:	80 ROBINSON ROAD #18-03 Singapore 068898
Country of Incorporation:	SINGAPORE
4
Name:	ARIES SINGAPORE INVESTMENTS PRIVATE LIMITED
Registered Number:	201206928M
Address:	3 SHENTON WAY #07-09 SHENTON HOUSE Singapore 068805
Country of Incorporation:	SINGAPORE
5
Name:	BHAMIDIPATINAG BHUSHAN RAO
ID Number:	S2617238A
Address:	437 Tanjong Katong Road #02-04 King's Mansion Singapore 437147
Nationality:	SINGAPORE CITIZEN

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:	ZHANG ZIPEI
Position:	Director
ID Number:	G29020309
Address:	Rm 702, Building 4, Soho New Town, No.88, Jianguo Road, Beijing 100022, China
Nationality:	Chinese
Date of Appointment:	2012-3-5
2
Name:	LIAO HUI
Position:	Director
ID Number:	G40071441
Address:	2-4-2, A Building, Kailin Zhaiji Huayuan, No.335, Zhaiji Road, Guiyang, Guizhou, P.R.C.
Nationality:	Chinese
Date of Appointment:	2012-3-5
3
Name:	LIEW MENG LING
Position:	Secretary
ID Number:	S2590527Z
Address:	33 West Coast Rise, #12-23, Monterey Park Condominium Singapore 127476
Nationality:	Singapore P.R.
Date of Appointment:	2012-1-6
4
Name:	BHAMIDIPATINAG BHUSHAN RAO
Position:	Director/ Managing Director
ID Number:	S2617238A
Address:	437 Tanjong Katong Road, #02-04, King's Mansion Singapore 437147
Nationality:	Singapore Citizen
Date of Appointment:	2012-1-6
5
Name:	YEUNG YI HUNG
Position:	Director
ID Number:	S2620770C
Address:	155 HOUGANG STREET 11, #02-184, Singapore 530155
Nationality:	Singapore Citizen
Date of Appointment:	2012-3-5

Operation Information

Offices & Factories

	Office
Registered Address:	6 Shenton Way, #10-10 DBS Building Singapore 068809

Operation Information

We contacted the subject unsuccessfully.

We obtained the registered activities of the subject as follows for reference.

Business Code	Details
46900	General wholesale trade (including general importers and exporters)

Settlements

We couldn’t contact the subject successfully, and the settlement information is not available from the subject or other sources.

Financial Information

Since the subject is a newly established company, the financial information is not available from the subject or other sources.

Bankers

Open Account Bank

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

Auditors

Name:

KPMG LLP

Public

Charges

Charge Number:	C201203770
Date of Registration:	2012-4-10
Name:	BNP PARIBAS
Amount Secured:	All Monies

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.20
UK Pound	1	Rs.86.99
Euro	1	Rs.70.22

INFORMATION DETAILS

Report Prepared by :

SDA

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.