MIRA INFORM REPORT

Report Date :

30.01.2012

IDENTIFICATION DETAILS

Name :	PAN ASIA INTERCONTINENTAL PTE. LTD

Registered Office :	141 Cecil Street #02-04 Tung Ann Association Building Singapore 069541

Country :	Singapore

Date of Incorporation :	11.10.2010

Com. Reg. No.:	201021705M

Legal Form :	Private Limited Exempt Company

Line of Business :	46900 General trading (including general importers and exporters) Commission agents, trading in properties

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

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, 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:	Pan Asia Intercontinental Pte. Ltd.
Supplied Name:	Pan Asia Intercontinental Pte Ltd.
Supplied Address:	141 Cecil Street, 02-04 Tung Ann Association Building Singapore 069541

Credit Summary

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

Special Notes

We contacted the subject company as the telephone (+65- 6222 2484), there’s nobody answered the phone. And we tried again, there’s still nobody answered the phone. And from other sources, we couldn’t obtain the information about subject.

The registration files show that subject is engaged in general trading (including general importers and exporters) commission agents, trading in properties, 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:	Pan Asia Intercontinental Pte. Ltd.
Registered Address:	141 Cecil Street #02-04 Tung Ann Association Building Singapore 069541, Singapore
Date of Registration::	2010-10-11
Registered Number:	201021705M
Country of Incorporation:	Singapore
Registered Capital:	USD 400,000.00 SGD 2 (USD 1.59678 ) (As of 2012.1, 1 SGD = 0.79839 USD)
Paid-up Capital:	USD 400,000.00 = 400,000 Shares @ 1 USD SGD 2 (USD 1.59678 ) = 2 Shares@1 SGD
Legal Form:	Private Limited Exempt Company
Principal Activities:	46900 General trading (including general importers and exporters) Commission agents, trading in properties
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No.
Date of Last Annual Return:	2011-11-23

Note:

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

History

Subject was incorporated on 2010-10-11 with registered number 201021705M as Private Limited Exempt Company in Singapore.

Shareholders

Name	Subscription Amount	Proportion of Investment (%)
AJAY KUMAR DHAR	SGD 1	50%
TANU MERH	SGD 1	50%
Total	SGD 2	100%

AJAY KUMAR DHAR	USD 200,000	50%
TANU MERH	USD 200,000	50%
Total	USD 400,000	100%

Manage Information

Core Management

Detailed Information of Management:

1
Name:	M SAMBASIVAM
Position:	Secretary
ID Number:	S1650785G
Address:	204 Marsiling Drive#12-192 Singapore 730204
Nationality:	Singapore Citizen
Date of Appointment:	2010-10-11
2
Name:	AJAY KUMAR DHAR
Position:	Director
ID Number:	S2699761E
Address:	55 Merryn Road Dunearn Estate Singapore 298503
Nationality:	Singapore Citizen
Date of Appointment:	2010-10-11
3
Name:	TANU MERH
Position:	Director
ID Number:	S7182245A
Address:	55 Merryn Road Dunearn Estate Singapore 298503
Nationality:	Singapore P.R.
Date of Appointment:	2010-10-11
4
Name:	AUTAR KRISHEN DHAR
Position:	Director
ID Number:	Z021928
Address:	58/1 Ballygunge Circular Road, Flat 101a, Saptaparni Building, Kolkata - 700019
Nationality:	Indian
Date of Appointment:	2010-10-11

Operation Information

Offices & Factories

	Office
Address:	141 Cecil Street #02-04 Tung Ann Association Building Singapore 069541, Singapore

Operation Information

We contacted the subject unsuccessfully.

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

Business Code

Details

46900

General trading (including general importers and exporters)

Commission agents, trading in properties

Settlements

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

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.

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.

Auditors

Name:

S C MOHAN & ASSOCIATES

Public

Charges

Charge 1
Charge Number:	C201011741
Date of Registration:	2010-12-3
Name:	MALAYAN BANKING BERHAD
Amount Secured:	All Monies
Charge 2
Charge Number:	C201011742
Date of Registration:	2010-12-3
Name:	MALAYAN BANKING BERHAD
Amount Secured:	All Monies

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.64
UK Pound	1	Rs.77.79
Euro	1	Rs.65.04

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.