MIRA INFORM REPORT

Report Date :

15.02.2012

IDENTIFICATION DETAILS

Name :	WCC RESOURCES INTERNATIONAL

Registered Office :	101 Kitchener Road #02-05 Jalan Besar Plaza Singapore 208511

Country :	Singapore

Date of Incorporation :	28.09.2011

Com. Reg. No.:	53200401M

Legal Form :	Sole Proprietorship

Line of Business :	Subject is engaged in trading, import and export activities

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

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

Status :	New Concern

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

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

Contact Points

Company Name:	WCC Resources International
Supplied Name:	WCC Resources International Ltd.
Supplied Address:	66, Rangoon Road, #05-03, Singapore 218356

Notes: Subject’s registered name is as above.

Credit Summary

Credit Opinion:

In view of the absence of information about subject’s operation, caution should be exercised.

Special Notes

We did not find any operation or contact information of subject from public files according to the supplied name or address.

Up to the date of reporting, we did not get in touch with subject, if you kindly supply other information such as telephone number, we’d like to continue our investigations.

We found subject’s registration information from local registry, supplying as follows for reference.

Company Identification Details

Registered Name:	WCC Resources International
Registered Address:	101 Kitchener Road #02-05 Jalan Besar Plaza Singapore 208511
Commencement Date:	2011-10-15
Date of Registration:	2011-9-28
Expiry Date:	2012-9-28
Registered Number:	53200401M
Registered Capital:	N/A
Legal Form:	Sole Proprietorship
Principal Activities:	46900--Trading, Import And Exports
Staff:	N/A
Status:	Live
Listed at Stock Exchange:	No

Notes: It is not required for Sole Proprietorship to register capital, and the staff information is not available from subject or other sources.

History

Subject was incorporated on 2011-9-28 with registered number 53200401M as Sole Proprietorship in Singapore.

Owner

Name:	Keshav Ganesh Phatak
ID Number:	S2652637Z
Address:	401 Serangoon Avenue 1 #02-09 Singapore 550401
Nationality:	Singapore P.R.
Date of Appointment:	2011-10-15

Operation Information

We can not confirm subject’s operating details, thus we gave the principal activities registered in subject’s registration files for reference.

46900--Trading, Import And Exports

Settlements

Settlement information is not available from subject or other sources.

Financial Information

Subject is newly set up and we did not find any financial information of subject from local registry and the only source from which we can obtain the relevant information should be the subject itself.

Since we did not find subject, the information is not available.

Bankers

The bank details are not available from subject or other sources.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.33
UK Pound	1	Rs.77.41
Euro	1	Rs.64.83

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.