MIRA INFORM REPORT

Report Date :

27.07.2012

IDENTIFICATION DETAILS

Name :	ZAOQ RESTAURANTS WLL

Registered Office :	Merch Building, Salwa Road, Mimac Roundabout, P O Box 21023, Doha

Country :	Qatar

Date of Incorporation :	06.06.2010

Com. Reg. No.:	47071, Doha

Legal Form :	With Limited Liability

Line of Business :	Operators of fine Pakistani dining and cuisine restaurants

No. of Employees :	65

RATING & COMMENTS

MIRA’s Rating :

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

Status :	Moderate
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 – March 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Qatar

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

SUMMARY

Company Name : ZAOQ RESTAURANTS WLL

Country of Origin : Qatar

Legal Form : With Limited Liability - WLL

Registration Date : 6^th June 2010

Commercial Registration Number : 47071, Doha

Trade Licence Number : 80854

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Total Workforce : 65

Activities : Operators of fine Pakistani dining and cuisine restaurants

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

COMPANY NAME

ZAOQ RESTAURANTS WLL

company ADDRESS

Registered & Physical Address

Building : Merch Building

Street : Salwa Road

Area : Mimac Roundabout

PO Box : 21023

Town : Doha

Country : Qatar

Telephone : (974) 44678909

Facsimile : (974) 44678906

Mobile : (974) 555549833

Email : ahmad@greenqatar.com

Premises

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

KEY PRINCIPALS

Name Nationality Position

· Ahmad Hussain Pakistani Managing Director

· Faqeer Ahmed Qaltani Qatari Director

LEGAL FORM & OWNERS

Date of Establishment : 6^th June 2010 (restaurant opened on 05/11/2011)

Legal Form : With Limited Liability - WLL

Commercial Reg. No. : 47071, Doha

Trade Licence No. : 80854

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Name of Shareholder (s)

· Ahmad Hussain

· Faqeer Ahmed Qaltani

OPERATIONS

Activities: Engaged as operators of fine Pakistani dining and cuisine restaurants.

Import Countries: Europe and the Far East.

Subject has a workforce of 65 employees.

FINANCIAL DATA

Subject is a newly formed business and as a result financial information is not currently available.

BANKERS

· Commercial Bank of Qatar Ltd (QSC)

Salwa Road

PO Box: 3232

Doha

Tel: (974) 44490222

Fax: (974) 44438182

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

In view of subject’s infancy, extensive payment and financial are not available, therefore dealings are recommended to be on secured terms, and a close monitoring of subject’s business development is advisable.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.95
UK Pound	1	Rs.86.56
Euro	1	Rs.67.95

INFORMATION DETAILS

Report Prepared by :

MNL

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.