MIRA INFORM REPORT

Report Date :

21.05.2012

IDENTIFICATION DETAILS

Name :	AL-REHMAT TRADING PTE. LTD.

Registered Office :	45 Arab Street Singapore 199743

Country :	Singapore

Date of Incorporation :	25.04.2003

Com. Reg. No.:	200303841R

Legal Form :	Private Limited Exempt Company

Line of Business :	General wholesale trade (including general importers and exporters)

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

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 – March 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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:	Al-Rehmat Trading Pte. Ltd.
Supplied Name:	AL Rehmat Trading Pte Ltd.
Supplied Address:	45 Arab Streetsingapore 199743

Note:

The exact name is as above.

Credit Summary

Credit Opinion:

Business connections are permissible.

Special Note

According to the supplied name and address, we couldn’t obtain the contact methods of subject. And the supplied website of subject (www.alrehmattrading.com) is not available to open. And if you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, we shall be pleased to have the investigation resumed.

The registration files show that subject is engaged in general wholesale trade (including general importers and exporters), 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:	Al-Rehmat Trading Pte. Ltd.
Registered Address:	45 ARAB STREET Singapore 199743
Date of Registration::	2003-4-25
Registered Number:	200303841R
Country of Incorporation:	Singapore
Registered Capital:	SGD 600,000.00 (USD 600,000.00) (As of 2012.5, 1 SGD = 0.78393 USD)
Paid-up Capital:	SGD 600,000.00 (USD 600,000.00)= 600,000 Shares@1 SGD
Legal Form:	Private Limited Exempt Company
Principal Activities:	46900 General wholesale trade (including general importers and exporters)
Staff:	N/A
Status:	Live Company
Listed at Stock Exchange:	No.
Date of Last Annual Return:	2011-12-19

Note:

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

History

Subject was incorporated on 2003-4-25 with registered number 200303841R as Private Limited Exempt Company in Singapore.

Shareholders

Unit: SGD

Name	Subscription Amount	Proportion of Investment (%)
EBRAHIM AVAKI	200,000	33.33%
HAZRATULLAH	400,000	66.67%
Total	600,000	100%

Major Shareholder Information:

1
Name:	EBRAHIM AVAKI
ID Number:	G5888498M
Address:	45 ARAB STREET Singapore 199743
Nationality:	Iranian
2
Name:	HAZRATULLAH
ID Number:	G6309286Q
Address:	101 Whampoa Drive #20-176 Singapore 323101
Nationality:	Pakistani

Subsidiaries & Branches

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

Manage Information

Core Management

Detailed Information of Management:

1
Name:	EBRAHIM AVAKI
Position:	Director
ID Number:	G5888498M
Address:	45 ARAB STREET Singapore 199743
Nationality:	Iranian
Date of Appointment:	2006-6-15
2
Name:	HAZRATULLAH
Position:	Director
ID Number:	G6309286Q
Address:	101 Whampoa Drive #20-176 Singapore 323101
Nationality:	Pakistani
Date of Appointment:	2009-1-21
3
Name:	SAADULLAH
Position:	Director
ID Number:	S7569418J
Address:	50 ARAB STREET Singapore 199747
Nationality:	Singapore P.R.
Date of Appointment:	2003-4-25

Operation Information

Offices & Factories

	Office
Address:	45 ARAB STREET Singapore 199743

Operation Information

We contacted the subject unsuccessfully.

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

Business Code	Details
46900	General wholesale trade (including general importers and exporters)

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 Singapore 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

Open Account Bank

The bankers’ information is not available from the subject or other sources.

Auditors

Name:

B SHARMA & CO

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.87
UK Pound	1	Rs.86.46
Euro	1	Rs.69.49

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%)

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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.