MIRA INFORM REPORT

Report Date :

03.01.2014

IDENTIFICATION DETAILS

Name :	SINGAPORE TRADE LINKS PTE. LTD.

Registered Office :	10 Jalan Besar #09-09 Sim Lim Tower Singapore 208787

Country :	Singapore

Date of Incorporation :	13.11.2010

Com. Reg. No.:	201024273R

Legal Form :	Limited Exempt Private Company

Line of Business :	General wholesale trade (including general importers and exporters) Note : Since we are failed to contact with the subject, the above information cannot be confirmed by the subject.

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 – September 30, 2013

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

Singapore

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

Company Name:	SINGAPORE TRADE LINKS PTE. LTD.
Supplied Name:	Singapore Trade Links Pte Ltd.
Supplied Address:	10, Jalan Besar, Simlim Tower,

Special Note

According to the supplied name and address, we cannot find any operation information or valid contact information of subject.

Update to date of reporting, we failed to get in touch with subject. If you can supply a current telephone, we’d like to have the investigation resumed.

We found subject’s registration information as follows for reference.

Company Identification Details

Registered Name:	Singapore Trade Links Pte. Ltd.
Registered Address:	10 Jalan Besar #09-09 Sim Lim Tower Singapore 208787
Date of Registration::	2010-11-13
Registered Number:	201024273R
Country of Incorporation:	Singapore
Registered Capital:	SGD 1 (USD 0.7919) (As of 2012.05, 1 SGD = 0.7919 USD)
Paid-up Capital:	SGD 1 (USD 0.7919) = 1 Shares@1 SGD
Legal Form:	Limited Exempt Private 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:	2013-10-4

Notes: Since we didn’t contact subject successfully, the staff number is not available from any sources.

History

Subject was incorporated on 2010-11-13 with registered number 201024273R as Limited Exempt Private Company in Singapore.

Shareholders

Name	Subscription Shares	Proportion of Investment (%)
Manpreet Singh	1	100%
Total	1	100%

Major Shareholder Information:

Name:	Manpreet Singh
ID Number:	K6487139
Address:	Wz 505 street no. 26 shiv nagar, delhi pin: 110058, delhi, india
Nationality:	Indian

Subsidiaries & Branches

Subject did not register 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:	Solanki Jaikumar Arvind
Position:	Director
ID Number:	G6391715Q
Address:	10 Jalan Besar #11-04 Sim Lim Tower Singapore 208787
Nationality:	Indian
Date of Appointment:	2010-11-13
2
Name:	Manpreet Singh
Position:	Director
ID Number:	K6487139
Address:	Wz 505 street no. 26 shiv nagar, delhi pin: 110058, delhi, india
Nationality:	Indian
Date of Appointment:	2013-5-20

Operation Information

From the registered files, we found subject’s principal activities are as following:

46900

General wholesale trade (including general importers and exporters)

Since we are failed to contact with the subject, the above information cannot be confirmed by the subject.

Settlements

Since we didn’t contact subject successfully, the settlement information is not available from any sources.

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,

Since we didn’t contact subject successfully, the financial information is not available from any sources.

Bankers

Since we didn’t contact subject successfully, the bank information is not available from any sources.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.90
UK Pound	1	Rs.102.74
Euro	1	Rs.85.16

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.