MIRA INFORM REPORT

Report Date :

12.01.2012

IDENTIFICATION DETAILS

Name :	REZAYAT TRADING & ENGINEERING SERVICES COMPANY
Registered Office :	Al Rawabi Street, Al Muntazah Area, PO Box: 47258 & 2954, Town: Doha
Country :	Qatar
Date of Incorporation :	06.12.2007
Com. Reg. No.:	37592
Legal Form :	With Limited Liability - WLL
Line of Business :	Contractors for maintenance service on installed plants and equipment in commercial and residential properties
No. of Employees :	4

RATING & COMMENTS

MIRA’s Rating :

Ba

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

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, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
Qatar	A2	A2

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

SUMMARY

Company Name : REZAYAT TRADING & ENGINEERING SERVICES COMPANY

Country of Origin : Qatar

Legal Form : With Limited Liability - WLL

Registration Date : 6^th December 2007

Commercial Registration Number : 37592, Doha

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Total Workforce : 4

Activities : Contractors for maintenance service on installed plants and equipment in commercial and residential properties.

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

Recommended Credit Limit : US$ 150,000

Person Interviewed : Vishu Sasidhran Nair, Operations Manager

COMPANY NAME

REZAYAT TRADING & ENGINEERING SERVICES COMPANY

ADDRESS

Registered & Physical Address

Street : Al Rawabi Street

Area : Al Muntazah Area

PO Box : 47258 & 2954

Town : Doha

Country : Qatar

Telephone : (974) 44697580

Facsimile : (974) 44692976

Email : info@rezayatqtr.com / rezayatqatar@rezayatkwt.com

Please note that subject’s old address was Salwa Road, Doha.

Premises

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

KEY PRINCIPALS

Name Nationality Position

Mohamed Ahmed M Al Salati Qatari Managing Director

Jamal Musa Fares Kuwaiti Director

Rama Krishnan - General Manager

Vishu Sasidhran Nair - Operations Manager

Shanker Baharya Rama - Technical Manager

LEGAL FORM & OWNERS

Date of Establishment : 6^th December 2007

Legal Form : With Limited Liability - WLL

Commercial Reg. No. : 37592, Doha

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Name of Shareholder (s)

Mohamed Ahmed M Al Salati

Rezayat Group

Kuwait

OPERATIONS

Activities: Engaged as contractors for maintenance service on installed plants and equipment in commercial and residential properties.

Subject has a workforce of 4 employees.

FINANCIAL DATA

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

BANKERS

Doha Bank Ltd

PO Box: 3818

Doha

Tel: (974) 44435444

Fax: (974) 44416631 / 44410625

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

Local sources report that payment obligations are met in a generally timely manner and the operating history is clear. As such the company is deemed a fair trade risk and the above credit figure is considered to be within subject’s financial means.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.75
UK Pound	1	Rs.80.00
Euro	1	Rs.65.99

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.