MIRA INFORM REPORT

Report Date :

01.02.2012

IDENTIFICATION DETAILS

Name :	NECVOX (SINGAPORE) PTE. LTD.

Registered Office :	9 Jurong Town Hall Road, #02-32, Ihub, Singapore 609431

Country :	Singapore

Date of Incorporation :	10.12.2009

Com. Reg. No.:	200923077C

Legal Form :	Private Limited Exempt Company

Line of Business :	General Wholesale Trade

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 5,000

Status :	Moderate

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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Singapore

`a1

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

Contact Points

Company Name:	Necvox (Singapore) Pte. Ltd.
Supplied Name:	Necvox Singapore Pte Ltd.
Supplied Address:	Singapore

Credit Summary

Credit Rating:	Maximum credit USD 5,000
Credit Opinion:	Business connections are permissible.

Special Note

According to the supplied name and address, we couldn’t obtain the contact methods of subject. According to the registered address of subject, we couldn’t get 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 (including general importers and exporters), 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:	Necvox (Singapore) Pte. Ltd.
Registered Address:	9 Jurong Town Hall Road, #02-32, Ihub, Singapore 609431
Date of Registration::	2009-12-10
Registered Number:	200923077C
Country of Incorporation:	Singapore
Registered Capital:	SGD 150,000.00 (USD 119,498) (As of 2012.2, 1 SGD =0.79665 USD)
Paid-up Capital:	SGD 150,000.00 (USD 119,498) = 150,000 Shares@1 SGD
Legal Form:	Private Limited Exempt Company
Principal Activities:	46900 General wholesale trade (including general importers and exporters) 46522 Wholesale of electronic components
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	N/A
Date of Last Annual Return:	2011-3-29

Note:

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

History

Subject was incorporated on 2009-12-10 with registered number 200923077C as Private Limited Exempt Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
CHANG KEN HUA	112,500	75%
WONG THIN KEE	37,500	25%
Total	150,000	100%

Major Shareholder Information:

1
Name:	CHANG KEN HUA
ID Number:	214741674
Address:	No.1, Lane 29, Lianyun St.Jhongjheng District Taipei City 100, Taiwan (R.O.C)
Nationality:	TAIWANESE
2
Name:	WONG THIN KEE
ID Number:	S2512283F
Address:	515 Jurong West Street 52 #10-27 Singapore 640515
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:	CHANG KEN HUA
Position:	Director
ID Number:	214741674
Address:	No.1, Lane 29, Lianyun St.Jhongjheng District Taipei City 100, Taiwan (R.O.C)
Nationality:	Taiwanese
Date of Appointment:	2009-12-10
2
Name:	WONG THIN KEE
Position:	Director
ID Number:	S2512283F
Address:	515 Jurong West Street 52 #10-27 Singapore 640515
Nationality:	Singapore Citizen
Date of Appointment:	2009-12-10
3
Name:	YEO KARN WEE
Position:	Secretary
ID Number:	S8074448Z
Address:	431 JURONG WEST AVENUE 1 #09-302 Singapore 640431
Nationality:	Singapore P.R.
Date of Appointment:	2009-12-10

Operation Information

Offices & Factories

	Office
Address:	9 Jurong Town Hall Road, #02-32, Ihub, Singapore 609431

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)
46522	Wholesale of electronic components

Settlements

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

Financial Information

Subject is a Private Limited Exempt Company, and Private Limited Exempt Company has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore and the only source from which we can obtain the information is the subject itself.

And we couldn’t contact the subject successfully; the financial information is not available from the subject.

Bankers

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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.68
UK Pound	1	Rs.78.17
Euro	1	Rs.65.52

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.