MIRA INFORM REPORT

Report Date :

17.10.2013

IDENTIFICATION DETAILS

Name :	BS TECH PTE LTD
Registered Office :	41 Senoko Drive Singapore, 758249
Country :	Singapore
Financials (as on) :	31.07.2011
Date of Incorporation :	2005
Com. Reg. No.:	200510697M
Legal Form :	Private Independent
Line of Business :	Subject is engaged in providing human resources and human resource management services
No. of Employees :	40

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)
Singapore	A1	A1

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

SINGAPORE - ECONOMIC OVERVIEW

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. Real GDP growth averaged 8.6% between 2004 and 2007. The economy contracted 0.8% in 2009 as a result of the global financial crisis, but rebounded 14.8% in 2010, on the strength of renewed exports, before slowing to 5.2% in 2011 and 1.3% in 2012, largely a result of soft demand for exports during the second European recession. Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity, which has sunk to an average of about 1.0% in the last decade. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia's financial and high-tech hub

Source : CIA

Company name and address

BS TECH PTE LTD

41 Senoko Drive
Singapore, 758249
Singapore
Tel:	+65 64584411
Fax:	+65 64584400

Employees:	40
Company Type:	Private Independent
Incorporation Date:	2005

Fiscal Year End:	31-Jul-2011
Reporting Currency:	Singapore Dollar
Annual Sales:	1.7
Total Assets:	NA

Business Description

BS Tech Pte Ltd is primarily engaged in providing human resources and human resource management services to staff client businesses. Establishments in this industry operate in a coemployment relationship with client businesses or organizations and are specialized in performing a wide range of human resource and personnel management duties, such as payroll accounting, payroll tax return preparation, benefits administration, recruiting, and managing labor relations. Employee leasing establishments typically acquire and lease back some or all of the employees of their clients and serve as the employer of the leased employees for payroll, benefits, and related purposes. Employee leasing establishments exercise varying degrees of decisionmaking relating to their human resource or personnel management role, but do not have management accountability for the work of their clients' operations with regard to strategic planning, output, or profitability. Professional employer organizations (PEO) and establishments providing labor or staff leasing services are included in this industry.

Industry

Industry	Employment Services
ANZSIC 2006:	7212 - Labour Supply Services
ISIC Rev 4:	7820 - Temporary employment agency activities
NACE Rev 2:	7820 - Temporary employment agency activities
NAICS 2012:	561330 - Professional Employer Organizations
UK SIC 2007:	7820 - Temporary employment agency activities
US SIC 1987:	7363 - Help Supply Services

Key Executives

Name	Title
B. Reddy	Managing Director

Registered No.(Asia): 200510697M

Registered No.(SGP): 200510697M

1 - Profit & Loss Item Exchange Rate: USD 1 = SGD 1.280603

2 - Balance Sheet Item Exchange Rate: USD 1 = SGD 1.20375

Corporate Overview

Location
41 Senoko Drive
Singapore, 758249
Singapore

Tel:	+65 64584411
Fax:	+65 64584400

www.bestandards.com

Sales SGD(mil):	2.1
Assets SGD(mil):	NA
Employees:	40
Fiscal Year End:	31-Jul-2011

Industry:

Business Services

Incorporation Date:	2005
Company Type:	Private Independent
Quoted Status:	Not Quoted
Registered No.(SGP):	200510697M
Registered No.(Asia):	200510697M

Managing Director:

B. Reddy

Industry Codes

ANZSIC 2006 Codes:
7212	-	Labour Supply Services
6925	-	Scientific Testing and Analysis Services
7211	-	Employment Placement and Recruitment Services

ISIC Rev 4 Codes:
7820	-	Temporary employment agency activities
7120	-	Technical testing and analysis
7810	-	Activities of employment placement agencies

NACE Rev 2 Codes:
7820	-	Temporary employment agency activities
7120	-	Technical testing and analysis
7810	-	Activities of employment placement agencies

NAICS 2012 Codes:
561330	-	Professional Employer Organizations
541380	-	Testing Laboratories
56133	-	Professional Employer Organizations
56131	-	Employment Placement Agencies and Executive Search Services
561311	-	Employment Placement Agencies
561320	-	Temporary Help Services
56132	-	Temporary Help Services
54138	-	Testing Laboratories

US SIC 1987:
7363	-	Help Supply Services
8734	-	Testing Laboratories
7361	-	Employment Agencies

UK SIC 2007:
7820	-	Temporary employment agency activities
7120	-	Technical testing and analysis
7810	-	Activities of employment placement agencies

Business Description

Business consulting

More Business Descriptions

BS Tech Pte Ltd is primarily engaged in providing human resources and human resource management services to staff client businesses. Establishments in this industry operate in a coemployment relationship with client businesses or organizations and are specialized in performing a wide range of human resource and personnel management duties, such as payroll accounting, payroll tax return preparation, benefits administration, recruiting, and managing labor relations. Employee leasing establishments typically acquire and lease back some or all of the employees of their clients and serve as the employer of the leased employees for payroll, benefits, and related purposes. Employee leasing establishments exercise varying degrees of decisionmaking relating to their human resource or personnel management role, but do not have management accountability for the work of their clients' operations with regard to strategic planning, output, or profitability. Professional employer organizations (PEO) and establishments providing labor or staff leasing services are included in this industry.

Financial Data

Financials in:	SGD(mil)
Revenue:	2.1
Date of Financial Data:	31-Jul-2011

1 Year Growth

NA

Executives Report

Executives

Name	Title	Function
B. Reddy	Managing Director	Managing Director

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.69
UK Pound	1	Rs.98.59
Euro	1	Rs.83.67

INFORMATION DETAILS

Report Prepared by :

NIS

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