MIRA INFORM REPORT

Report Date :

05.07.2012

IDENTIFICATION DETAILS

Name :	INTERNATIONAL RICE TRADING CO LTD

Registered Office :	167 Rd 5 Sangkat Km 6, Khan Russey Kev, Phnom Penh

Country :	Cambodia

Date of Incorporation :	Not Available

Legal Form :	Company Limited

Line of Business :	Trader of Agricultural Products

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Undetermined
Payment Behaviour :	--
Litigation :	--

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)

Cambodia

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

REGISTERED NAME & COMPANY SUMMARY

Company Details
Organization Name	:	INTERNATIONAL RICE TRADING CO LTD
Address	:	167 Rd 5 Sangkat Km 6, Khan Russey Kev, Phnom Penh
Country	:	Cambodia
Primary Business Activity	:	Trader
Key Industry	:	Agricultural Products

Key Facts
Registered Legal Address	:	167 Rd 5 Sangkat Km 6, Khan Russey Kev, Phnom Penh
Operational Address	:	167 Rd 5 Sangkat Km 6, Khan Russey Kev, Phnom Penh
Issuing Authority	:	Ministry of Commerce - Commercial Registry - National
License Number	:	143119/09P
License Status	:	License exists - But no trace of any Operational office.
Legal Form - Category	:	Private Company with Limited Liability
Legal Form	:	Company Limited
Legal Form - Abbreviation	:	CO LTD
Operational Status of Business	:	It was NOT possible to confirm the operational status.⁽¹⁾
Capital	:	US$ 488,043
Note	:	⁽¹⁾ Due to the lack of SBE's operational status, and circumstances involved, the information as listed below is only historical / on-file data and as such it has not been possible to verify against any current sources.

Report Details

Country	:	Cambodia
Business Entity Name	:	INTERNATIONAL RICE TRADING CO LTD
Primary Business Activity	:	Trader
Primary Industry	:	Agricultural Products
Office Contact Details
Operating Address	:	167 Rd 5 Sangkat Km 6, Khan Russey Kev, Phnom Penh

DIRECTORS/MANAGEMENT

Key Person

Legal Title	:	Chairman
Name	:	Mr. Chhay Chhaya
Nationality	:	Cambodian

COMPANY DIRECTORS

1
Personal Unique Identifier	:	MI03162869
Name	:	Mr. Chhay Chhaya
Nationality	:	Cambodian

NEGATIVE INFORMATION

REPUTATION

Reference checking for the purpose of establishing the INTERNATIONAL RICE TRADING CO LTD's reputation within the respective industry failed to reveal any adverse information.

ADVERSE DATA MONITORING

DISHONORED CHECKS

No Record Found

DEBT

No Record Found

LITIGATION

No Record Found

PERFORMANCE DEFAULTS

No Record Found

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

No Record Found

SHARE & SHARE CAPITAL INFORMATION

CAPITAL (Currency: KHR - Cambodia Riel)

Authorized Capital

2,000,000,000

SHAREHOLDERS

Total number of shareholders	:	1
Total number of shares	:	1,000

Currency

KHR - Cambodia Riel

No.	Shareholders	Country	Shares
No.	Shareholders	Country	Number	Amount (KHR)	%
1	Mr. Chhay Chhaya	Cambodia	1,000	n/a	100.00
Total			1,000	n/a	100.00

Based on corporate statutory laws /regulations in Cambodia, there is no requirement for public disclosure of Shareholders. In this case, the Shareholder information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

FINANCIAL INFORMATION

FINANCIAL STATEMENT - DETAILED

Based on the corporate laws of Cambodia, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

FOREIGN EXCHANGE RATES

Today's Exchange rate

1.00 KHR
Cambodia Riel

0.000244 USD
United States Dollars

ADDITIONAL INFORMATION

Operating Status:

Investigation can not confirm operational status of Subject Business Entity.

Investigations confirm the legal registration of the INTERNATIONAL RICE TRADING CO LTD, but as a result of not being able to identify:

any operational offices
any point of contact
nor speak to any representative of the firm

it has not been possible to conduct the normal due diligence process and assessment of credit worthiness.

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.55
UK Pound	1	Rs.85.48
Euro	1	Rs.68.70

INFORMATION DETAILS

Report Prepared by :

PRL

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.