MIRA INFORM REPORT

Report No. :	307927
Report Date :	20.02.2015

IDENTIFICATION DETAILS

Name :	SURIA ALAM SDN BHD

Registered Office :	Unit B5, 2Fl Block B Lee Chai Industrial Park Lot 46280 Simpang 128-11-25 Pengkalan Gadong Tungku Link Highway, Bandar Seri Begawan BE3719

Country :	Brunei Darussalam

Date of Incorporation :	02.10.2001

Legal Form :	Private Company With Limited Liability

Line of Business :	Providing Petrochemicals Service.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

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 – December 31, 2014

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Brunei Darussalam

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

BRUNEI DARUSSALAM - ECONOMIC OVERVIEW

Brunei has a small well-to-do economy that depends on revenue from natural resource extraction but encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for 60% of GDP and more than 90% of exports. Per capita GDP is among the highest in Asia, and substantial income from overseas investment supplements income from domestic production. For Bruneian citizens the government provides for all medical services and free education through the university level. The government of Brunei has been emphasizing through policy and resource investments it strong desire to diversity its economy both within the oil and gas sector and to new sectors.

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

Company Details
Organization Name	:	SURIA ALAM SDN BHD
Address	:	Unit B5, 2Fl Block B Lee Chai Industrial Park Lot 46280 Simpang 128-11-25 Pengkalan Gadong Tungku Link Highway, Bandar Seri Begawan BE3719
Country	:	Brunei
Primary Business Activity	:	Service
Key Industry	:	Petrochemicals

Operating Status:

Investigation cannot confirm operational status of Subject Business Entity.

Investigations confirm the legal registration of the SURIA ALAM SDN BHD, but as a result of not being able to identify:

any operational offices

any point of contact

nor speak to any representative of the firm

Thus it has not been possible to conduct the normal due diligence process and assessment of credit worthiness.

Key Facts
Registered Legal Address	:	Unit B5, 2Fl Block B Lee Chai Industrial Park Lot 46280 Simpang 128-11-25 Pengkalan Gadong Tungku Link Highway, Bandar Seri Begawan BE3719
Operational Address	:	Unit B5, 2Fl Block B Lee Chai Industrial Park Lot 46280 Simpang 128-11-25 Pengkalan Gadong Tungku Link Highway, Bandar Seri Begawan BE3719
Issuing Authority	:	Registrar of Companies - National
License Number	:	RC00005287
License Status	:	License exists - But no trace of any Operational office.
Legal Form - Category	:	Private Company with Limited Liability
Legal Form	:	Sendirian Berhad
Legal Form - Abbreviation	:	SDN BHD
Operational Status of Business	:	It was NOT possible to confirm the operational status.⁽¹⁾
Date of Registration	:	2 Oct, 2001
Capital	:	US$ 76,336
Note	:	⁽¹⁾ Due to the lack of SBE's operational status, and circumstances involved, the information as listed below is only historical / on-file data and as such it has not been possible to verify against any current sources.

Report Details

Country	:	Brunei
Business Entity Name	:	SURIA ALAM SDN BHD
Primary Business Activity	:	Service
Primary Industry	:	Petrochemicals
Office Contact Details
Operating Address	:	Unit B5, 2Fl Block B Lee Chai Industrial Park Lot 46280 Simpang 128-11-25 Pengkalan Gadong Tungku Link Highway, Bandar Seri Begawan BE3719

DIRECTORS/MANAGEMENT

COMPANY DIRECTORS

1
Personal Unique Identifier	:	MI03824439
Name	:	Mr. Arif Saifuddin Bin Pehin Datu Kerma Setia Dato Paduka Seri Zainuddin
Identification Number(s)
National ID No	:	01-051531
Registered Address	:	A5 Perumahan Peg Kanan Polis Ibu Pejabat Polis ,Gadong BE1710
Country of Residence	:	Brunei

2
Personal Unique Identifier	:	MI03824437
Name	:	Mr. Pehin Datu Kerma Setia Dato Paduka Seri Zainuddin B. Jalani
Identification Number(s)
National ID No	:	00-068510
Registered Address	:	54 Jalan 82 RPN Rimba Kg Rimba ,Brunei Darrussalam
Country of Residence	:	Brunei

NEGATIVE INFORMATION

	REPUTATION
	Due to the lack of any third party references and the relatively small size of the SURIA ALAM SDN BHD, it was not possible to establish any point of reference within the respective industry sector.

NEGA-SCAN - ADVERSE DATA MONITORING

DISHONORED CHECKS

No Record Found

DEBT

No Record Found

CIVIL LITIGATION

No Record Found

PERFORMANCE DEFAULTS

No Record Found

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

No Record Found

SHARE & SHARE CAPITAL INFORMATION

CAPITAL (Currency: BND - Brunei Dollars)

Share Value	:	$ 1
Authorized Capital	:	$ 100,000
Paid-up Capital	:	$ 50,000

SHAREHOLDERS

Total number of shareholders	:	2
Total number of shares	:	50,000

Currency

BND - Brunei Dollars

No.	Shareholders	Country	Shares
No.	Shareholders	Country	Number	Amount (BND)	%
1	Mr. Pehin Datu Kerma Setia Dato Paduka Seri Zainuddin B. Jalani	Brunei	47,500	47,500	95.00
2	Mr. Arif Saifuddin Bin Pehin Datu Kerma Setia Dato Paduka Seri Zainuddin	Brunei	2,500	2,500	5.00
Total			50,000	50,000	100.00

Based on corporate statutory laws / regulations in Brunei, there is no requirement for public disclosure of Shareholders. In this case, the Shareholders information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

FINANCIAL INFORMATION

	FINANCIAL STATEMENT - DETAILED
	Based on the corporate laws of Brunei, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

FOREIGN EXCHANGE RATES

Today's Exchange rate

1.00 BND
Brunei Dollars

0.763359 USD
United States Dollars

ADDITIONAL INFORMATION

Primary Products

Products / Materials / Services Description	Activity
Gas services	Service
Oil field services	Service

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Oil/Gas Field Svcs, NEC	1389	Service

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Business services, health, financial/insur. legal/real estate, hotels, and misc repairs	9900	Service

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of SURIA ALAM SDN BHD is Specialized professional services, including:

Oil field services

Key service include :

Gas services

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.25
UK Pound	1	Rs.95.57
Euro	1	Rs.71.00

INFORMATION DETAILS

Analysis Done by :	SUB

Report Prepared by :	TPT

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.