MIRA INFORM REPORT

Report Date :

14.03.2012

IDENTIFICATION DETAILS

Name :	BATAVIA EXIMP & CONTRACTING (S) PTE LTD

Registered Office :	101 Cecil Street #23-03 Tong Eng Building Singapore 069533

Country :	Singapore

Date of Incorporation :	14.03.1981

Com. Reg. No.:	198101038D

Legal Form :	Limited Exempt Private Company

Line of Business :	46900--General Wholesale Trade (Including General Importers And Exporters)

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 40,000
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)

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:	Batavia Eximp & Contracting (S) Pte Ltd
Supplied Name:	Batavia Eximp And Contracting (S) Pte Ltd.
Trading Address:	#23-03, Tong Eng Building, 101 Cecil Street, Singapore 069533
Supplied Address:	#23-03, Tong Eng Building, 101 Cecil Street, Singapore 069533
Telephone Number:	+65-6225-5633
Fax Number:	+65-6225-5733
E-mail:	batavia@singnet.com.sg

Notes: Subject’s exact name and address are as above.

Credit Summary

Credit Rating:	Maximum credit USD 40,000
Credit Opinion:	Business connections are permissible.

Special Notes

This time, we tried to contact subject through the given number +65-6225-5633, subject’s relevant staff Wendy confirmed subject’s address, contact information and general operation information for us.

Company Identification Details

Registered Name:	Batavia Eximp & Contracting (S) Pte Ltd
Registered Address:	101 Cecil Street #23-03 Tong Eng Building Singapore 069533
Date of Registration::	1981-3-14
Registered Number:	198101038D
Country of Incorporation:	Singapore
Registered Capital:	SGD 1,750,000 (USD 1,395,625) (As of 2012.03, 1 SGD = 0.7975 USD)
Paid-up Capital:	SGD 1,750,000 (USD 1,395,625) = 1,750,000 Shares@1 SGD
Legal Form:	Limited Exempt Private Company
Principal Activities:	46900--General Wholesale Trade (Including General Importers And Exporters) 46100--Wholesale On A Fee Or Contract Basis (Eg Commission Agents)
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No
Date of Last Annual Return:	2011-9-26

Notes: Subject did not introduce its staff number; from other source we can not obtain the relevant information, either.

History

Subject was incorporated on 1981-3-14 with registered number 198101038D as Limited Exempt Private Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
Jayantkumar chandulal kapasi	52,500	3%
Kapasi ranjit chandulal	52,500	3%
Raseshkumar Chandulal Kapasi	52,500	3%
Kapasi Chirag Vijay	52,500	3%
Chua Chin Seong	350,000	20%
Mody Atish Jitendra	210,000	12%
Vijay Chandulal Kapasi	472,500	27%
Hasanmiya Suleman Darvesh	507,500	29%
Total	1,750,000	100%

Major Shareholder Information:

1
Name:	Jayantkumar Chandulal Kapasi
ID Number:	710188172
Address:	4400 The Woods Drive Apartment 601 San Jose California 951363849 U.S.A.
2
Name:	Kapasi Ranjit Chandulal
ID Number:	A1991818
Address:	Modern Garment Factory P O Box 2152 Area Code 112 Ruwi Sultanate Of Oman
3
Name:	Raseshkumar Chandulal Kapasi
ID Number:	F4127410
Address:	M/S Specom P O Box 1070 Area Code 112 Muscat Sultanate Of Oman
4
Name:	Kapasi Chirag Vijay
ID Number:	F7779718
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat sultanate of oman
5
Name:	Chua Chin Seong
ID Number:	S2009039A
Address:	14A Camden Park Camden Park Singapore 299816
6
Name:	Mody Atish Jitendra
ID Number:	S2751998I
Address:	83 Meyer Road #12-02 Meyer Park Singapore 437910
7
Name:	Vijay Chandulal Kapasi
ID Number:	V321384
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat Sultanate Of Oman
8
Name:	Hasanmiya Suleman Darvesh
ID Number:	Z1819092
Address:	M/S Abou Nabil L.L.C. P.O. Box 174 Area Code 114 Muscat Sultanate Of Oman

Subsidiaries & Branches

Subject did not introduce whether it has any subsidiaries or branches, from other source we can not obtain the relevant information, either.

Management Information

Core Management

Detailed Information of Management:

1
Name:	Raseshkumar Chandulal Kapasi
Position:	Director
ID Number:	F4127410
Address:	M/S Specom P O Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
Date of Appointment:	1986-7-21
2
Name:	Kapasi Chirag Vijay
Position:	Director
ID Number:	F7779718
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat Sultanate of Oman
Nationality:	Indian
Date of Appointment:	2008-6-9
3
Name:	Chua Chin Seong
Position:	Director
ID Number:	S2009039A
Address:	14A Camden Park Camden Park Singapore 299816
Nationality:	Singapore Citizen
Date of Appointment:	1983-5-16
4
Name:	Wong Sook Eng
Position:	Secretary
ID Number:	S2167747G
Address:	36 Bedok South Avenue 2 #16-405 Singapore 460036
Nationality:	Singapore Citizen
Date of Appointment:	1983-5-17
5
Name:	Mody Atish Jitendra
Position:	Director
ID Number:	S2751998I
Address:	83 Meyer Road #12-02 Meyer Park Singapore 437910
Nationality:	Singapore Citizen
Date of Appointment:	1984-6-1
6
Name:	Mody Atish Jitendra
Position:	Managing Director
ID Number:	S2751998I
Address:	83 Meyer Road #12-02 Meyer Park Singapore 437910
Nationality:	Singapore Citizen
Date of Appointment:	1989-12-1
7
Name:	Vijay Chandulal Kapasi
Position:	Director
ID Number:	V321384
Address:	M/S Specom P.O. Box 1070 Area Code 112 Muscat Sultanate Of Oman
Nationality:	Indian
Date of Appointment:	1983-5-16
8
Name:	Hasanmiya Suleman Darvesh
Position:	Director
ID Number:	Z1819092
Address:	M/S Abou Nabil L.L.C. P.o. Box 174 Area Code 114 Muscat Sultanate Of Oman
Nationality:	Indian
Date of Appointment:	1983-5-16

Operation Information

Offices & Factories

	Office
Address:	#23-03, Tong Eng Building, 101 Cecil Street, Singapore 069533

Production Information

l Subject is a trader of timber without any production activities itself.

Purchase Information

l It is introduced that subject purchases mainly abroad and it purchases timber from India, Burma and Vietnam, etc

Sales Information

l Subject is engaged in sales of timber

l Subject’s products are only sold in the domestic market of Singapore.

Settlements

Purchase

Domestic Markets

Subject has little domestic purchase.

Overseas Markets

Products	Payment Terms	Proportion
Timber	CBD, etc	100%

Sales

Domestic Markets

Product	Sales Terms	Proportion
Timber	CBD, COD, etc	100%

Overseas Markets

Subject does not export

Financial Information

In Singapore, Limited Exempt Private Companies are not obligated to submit their financial statements to the local registry. We did not find the financials of subject from the local registry,

the subject also declined to disclose such information due to the confidentiality reason.

Bankers

Bank Charges

Charge 1
Charge Number:	C200306006
Date of Registration:	2003-12-12
Name:	Indian Bank
Amount Secured:	All Monies
Charge 2
Charge Number:	C200808785
Date of Registration:	2008-9-20
Name:	Indian Bank
Amount Secured:	All Monies

Auditors

Name:

Wu Chiaw Ching & Company

Interview Details

Name:

Wendy

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.84
UK Pound	1	Rs.77.96
Euro	1	Rs.65.61

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.