MIRA INFORM REPORT

Report Date :

26.12.2013

IDENTIFICATION DETAILS

Name :	NET WORK MARKETING LIMITED

Registered Office :	No.139, G/Flr, 32nd Street Ground Floor, Pabedan Township Yangon,

Country :	Myanmar

Date of Incorporation :	2013

Legal Form :	Limited Liability Company

Line of Business :	Manufacture of paper and paperboard

No. of Employees :	09

RATING & COMMENTS

MIRA’s Rating :

RATING

STATUS

PROPOSED CREDIT LINE

New Business

Status :	New company
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, 2013

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Myanmar

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

REGISTERED NAME

NET WORK MARKETING LIMITED

ADDRESSES

Main Address: No.139, G/Flr, 32nd Street Ground Floor, Pabedan Township

Zip code/City: Yangon, Myanmar

Telephone: +95 1 525 521

+95 1 526 628

E-mail: networkmkt@cybertech.net.mm

WIN Worldbox No.: MM0000020877

Profile

Established: 2013

Line of Business: Paper/cardboard

Industry Division: Manufacturing

Industry-code (NACE): 1712 Manufacture of paper and paperboard

1729 Manufacture of other articles of paper and paperboard

Banks: Not Disclosed

Employees: 1-9

CNPJ: -

DIRECTORS/MANAGEMENT

Board of Directors:

Member Ye Htet

NEGATIVE INFORMATION

Public information:

SHARE & SHARE CAPITAL INFORMATION

Legal form: Limited Liability Company

Balance sheet filing date: -

Tax Contributor Number (CNPJ): -

Legal status: active

Responsible Register: State Register of Myanmar

Entry Deleted Name

active Net Work Marketing Limited

Entry Deleted Legal domicile

active Yangon, Myanmar

PAYMENT INFORMATION

Import and Export:

Payment history:

No payment history is available.

GROUP STRUCTURE & AFFILIATED COMPANIES

Owners/-s:

The name of the shareholders and the exact percentage were not disclosed.

FINANCIAL INFORMATION

Financial information:

Private companies in Myanmar are not required to disclose financial statements.

FOREIGN EXCHANGE RATES

Exchange rate:

US$ 1,00 = MMK 980 \

ADDITIONAL INFORMATION

Main Activities:

Operations & branches:

At the address, Building No. 16, Bo Moe Street, Sanchaung Township, Yangon, Myanmar, we find the company's head office.

Staff:

1-9

Company's Background:

We have been unable to obtain when the company started trading as well as the full register details.

NOTES & COMMENTS

We are still awaiting the registration details; as soon as we have received these we will send you an update.

So far we have been unable to obtain when the company started trading.

As far as we could gather this company was recently incorporated.

We made every effort to contact the company through the phone number available which was not possible. The company's telephone number ringsbut goes unanswered.

We sent a questionnaire to the email available requesting more information from the company, but to date no answer has been received. If we receive a reply we will send an update.

As we have no way of contacting the company, the details from this report come from official sources and various databases we can consult.

Due to insufficient payment history & financial information being available we suggest any credit extended to the company be on secured terms with necessary guarantees.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.87
UK Pound	1	Rs.101.10
Euro	1	Rs.84.65

INFORMATION DETAILS

Report Prepared by :

NIS

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.