FGH PTE LTD
SINGAPORE CREDIT REPORT(REPORT DATE: JANUARY 2015)(Customer’s Ref No. XXXX)SINGAPORE CREDIT REPORT

Company Name:

Registered Number:

FGH PTE LTD

20000XXXXA

Date Incorporated:

Registered Office:Telephone Number:

24/04/2000

100 RAINBOW STREET #05-05
SINGAPORE 368330

6234 5678

Age of Company:

Website:Industry Type:15

www.fgh.com

HOSPITALITY / F&B

CreditAssessment

Risk Dashboard

Risk & RatingDays Beyond Terms

Recommended Credit
Line:

Company DTC:

S$2,645,000

35 Days

Credit Rating:

Payment pattern as perprevious monthDP4No. of Litigation
Counts:Trend:

4
No. of Charges(s):2Industry DTC

28 Days
Directors

Corporate Structure

Number of Current Directors
Number that areshareholders

2
1

Holding Company:
No. of Subsidiaries &Associated Companies:

FGH GROUP LIMITED3

The DP Credit Rating, a statistical model that measures the probability of default of the evaluated company, is designed forcompanies incorporated in Singapore. The model uses financial statement data to generate the DP Credit Rating, taking into
account the performance of 6 broad risk categories: profitability, capital structure, liquidity, activity, growth and size.

Risk Assessment Grid
Section

Assessment

Profitability

STRONGGOOD

FAIRMARGINAL

WEAK

Capital Structure

STRONGGOOD

FAIRMARGINAL

WEAK

Liquidity

STRONGGOOD

FAIRMARGINAL

WEAK

Activity

STRONGGOOD

FAIRMARGINAL

WEAK

GrowthSTRONGGOOD

FAIRMARGINAL

WEAK

Size

STRONGGOOD

FAIRMARGINALWEAK

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
2

SINGAPORE CREDIT REPORTFGH PTE LTD
Executive Summary
Company Name:

FGH Pte Ltd

Registration No:

20000XXXXA

Date of Registration:

24/04/2000

Former Name:

NA

Date of Change of Name:

NA

Type of Company:

Limited Private Company
A private company is one which has a small group of shareholders.
Under the law, this group cannot be more than 50. A private company
cannot ask the public to invest in it or to deposit money with it. Capitalmust be raised privately from among the small group of shareholders andthrough bank loans.

Registered Address:

100 RAINBOW STREET #05-05 SINGAPORE 368330

Date of Change of Address:

01/07/2006

Business Address:

100 Rainbow Street #05-05 Singapore 368330

Contact No.

:

6234 5678

Fax No.

:6234 5679

Website:www.fgh.com

Registered Activities:

1. Wholesale Of Confectionery And Bakery Products
Wholesale And Retail Of Confectionery And Biscuits
2. Manufacture Of Bakery Products Nec

Business Activities:

Manufacture and retail of all kinds of food, bakery and confectionery
products.

Issued Ordinary Capital*:$2,000,000.00 SINGAPORE, DOLLARS NO. OF SHARE : 2,000,000

Issued Preference Capital:NA

Paid-Up Ordinary Capital:$2,000,000.00 SINGAPORE, DOLLARS

Paid-Up Preference Capital:NA* Number of Shares includes number of Issued Treasury Shares
Issued Treasury Capital:NA

Paid-Up Treasury Capital:NA

No. of Local Subsidiaries:

3

No. of Local Associates:

NA

Holding Company:

FGH Group Limited

Listed Status:

No

Staff Strength

:

~500

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
3

Auditor:

GOGOGO LLP

Bankers / Financiers:NA

Turnover:$96,264,872.00 (FY2013)

Net Worth:$17,633,126.00 (FY2013)

No. of Bank Charges:

2

No. of Litigation Suits:

4

Payment Behavior:

Regular

S1000 / SME 1000 / FG50
Ranking:

No records found for SINGAPORE 1000 and SME 1000

Credit Rating & Recommendation
Credit Rating::DP4

Recommended Credit Line:

S$2,645,000

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
4SHAREHOLDER DETAILSNAMESHAREHOLDER ID
NATIONALITY
ADDRESSNO. OF ORD SHARES% OF SHAREHOLDINGCURRENCY

:
:
:
:
:
:
:

FGH GROUP LIMITED
20030XXXXBSINGAPORE
100 RAINBOW STREET #05-05 SINGAPORE 368330
2,000,000
100%
SINGAPORE, DOLLARSTTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
5

OFFICER DETAILSNAMEADDRESSPOSITIONDATE OF APPTNATIONALITY
I/C PASSPORT

:
:
:
:
:
:

BENJAMIN BOYZE
123 LOVER ROAD SINGAPORE 123456
DIRECTOR
24/04/2000
SINGAPORE CITIZEN
SXXXXXXXJNAMEADDRESSPOSITIONDATE OF APPTNATIONALITY
I/C PASSPORT

:
:
:
:
:
:

STEPHANE GATEZE
456 END ROAD SINGAPORE 654321
DIRECTOR
24/04/2000
SINGAPORE CITIZEN
SXXXXXXXANAMEADDRESSPOSITIONDATE OF APPTNATIONALITY
I/C PASSPORT

:
:
:
:
:
:

RONAN KEY
No. 3 OZONE LAYER #14-03 SINGAPORE 329778
SECRETARY
27/12/2011
SINGAPORE P.R.
SXXXXXXXCTTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
6

KEY PERSONNEL PROFILEName:

BENJAMIN BOYZE

NRIC Number:

SXXXXXXXJ

Available Address:

123 LOVER ROAD SINGAPORE 123456

Current Business Interest
No.

Name

PositionAppt Date#of Share%

1

FGH GROUP LIMITED

DIRECTOR

06/03/2003

-

NA

2

FGH INTERNATIONAL PTE. LTD.

DIRECTOR

06/03/2003

-

NA

3

FGH PTE LTD

DIRECTOR

24/04/2000

-

NA

4

ICE CREAM PTE. LTD.

DIRECTOR

10/11/2006

-

NA

5

DARK CHOCOLATE (S) PTE. LTD.

DIRECTOR

01/07/2005

-

NA

6

SUPER YUMMY1 PTE. LTD.

DIRECTOR

04/04/2003-

NA

Previous Business

No. Name

StatusPositionAppt Date

Last Known
Inactive Date

1

NO GROWTHOPPORTUNITIES PTE. LTD.

IN LIQUIDATION MEMBERS'SHAREHOLDERVOLUNTARY
WINDING UP

-

-

2

DEF GROUP LIMITEDLIVE COMPANYSHAREHOLDER-

13/09/2012

3

DEF HOLDINGS PTE LTD

STRUCK OFF

DIRECTOR

23/03/1995-

Bankruptcy Record(Status include petition filed, order made, discharge, annulment, set aside, rescinded and withdrawn)
Case No.
No TraceYear

Date of Filing

Petitioner Name

AmountNote: Please purchase case details to know the latest status.

Litigation Search – Writ of Summons
Court
No Trace

Case No.

TransferYear

Date of Filing

AmountCause Category

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
7

KEY PERSONNEL PROFILE
Negative List (if any)
Source of information is from DP available database. For further details, please contact us.
TracesNo Trace

StatusLast Updated Date

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
8

SUBSIDIARIES AND ASSOCIATE COMPANIES IN S’PORE
Company

Shareholdings (%)

CHAN MALI CHAN PTE. LTD.
CHOCOLATE CAKE PTE. LTD.
ICE CREAM TOPPING PTE. LTD.

100
75
70

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
9

BANKERS/ FINANCIERS
Subject enjoys a normal banking routine with its bankers. To date, there have been 2 bank charges registeredagainst Subject by its bankers. The charge numbers are:1)

2)

Charge No.
Date of Registration
ChargeeAmount Secured andCurrency
Address::::

C2009XXXXX
19/06/2009
UNITED OVERSEAS BANK LIMITEDAll Monies:---

Charge No.
Date of Registration
ChargeeAmount Secured andCurrency
Address::::

C2013XXXXX
01/01/2013
OVERSEA-CHINESE BANKING CORPORATION LIMITEDAll Monies:---

Payment Profiling (The payment pattern of Subject for the past 12 months)
Description
Improve
Consistent
Deteriorate
Alert
No Trend
Description
Improve:
Consistent:
Deteriorate:
Alert:No Trend:

Percentage
4.55%
13.64%
0%0%81.82%
Current month’s performance better than previous month
Trend found in the way debtors (based on at least 6 consecutive records)
Current month’s performance worse than previous month
Negative List; Absolute refusal to make payment
Inconsistent; not able to categorize

Negative List (if any)
Source of information is from DP available database. For further details, please contact us.
TracesNo Trace

StatusLast Updated Date

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
10

LITIGATION
The following litigation suits were traced against Subject. Case status is as per available in DP Information
Network Pte Ltd database. For the latest status of the suit, please obtain the full details of the suit throughLitigation Detail Search (DLIT) offered by DP Information Network Pte Ltd.
To date, there have been 4 litigation suits filed against Subject.
Current Year
On/After 01 Jan 2012

Past Years
Bef 01 Jan 2012

Magistrate (< $80,000)

03District ($80,000 - $250,000)

01High (>$250,000)

00Court (Claim under normal circumstances)

Winding Up Trace

No

In litigation/Dissolved/Struck Off/In receivershipNo

The details are as follows:
1)

Court
Case No.
Transfer
Date of Filing
AmountCause
Case Status
Plaintiff
Last Update Date in
DP Info Database

:
:
:
:
:
:
:
:
:

District Court
2XXXX
20/05/2002
0.00
Negligence - Others (Injuries)
CONCLUDEDABC
18/11/2005

2)

Court
Case No.
Transfer
Date of Filing
AmountCause
Case Status
Plaintiff
Last Update Date in
DP Info Database

:
:
:
:
:
:
:
:
:

Magistrate Court
1XXXX
22/05/2002
13,061.42
Negligence - Motor Accidents (Not Injuries / Death)
CONCLUDEDSWEET DREAMZ
18/11/2005

3)

Court
Case No.
Transfer
Date of Filing
AmountCause
Case Status
Plaintiff
Last Update Date in
DP Info Database

:
:
:
:
:
:
:
:
:

Magistrate Court
2XXXX
28/09/2007
6,700.00
Tort - Negligence (Motor Accidents Without Death/ Injury)
CONCLUDEDBLUE MOON
26/11/2008

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
11

LITIGATION
4)

Court
Case No.
Transfer
Date of Filing
AmountCause
Case Status
Plaintiff
Last Update Date in
DP Info Database

:
:
:
:
:
:
:
:
:

Magistrate Court
2XXXX
02/11/2007
0.00
Tort - Negligence (Motor Accidents Without Death/ Injury)
CONCLUDEDJUSTIN BIN
26/11/2008

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
12

COMPLIANCE RECORDS
Date of Last AGM
Date of Last AR
Date of A/C Laid at Last AGM:::

30/06/2014
30/06/2014
31/12/2013

COMPLIANCE RATING FOR ANNUAL FILING
ANNUAL GENERAL MEETING,ANNUAL RETURN AND ACCOUNTS UP-TO-DATE

Note:
Provided by ACRA (Accounting and Corporate Regulatory Authority), the Compliance Rating for Annual Filingmeasures a company’s compliance with the provisions under S175, S197 or S201 of the Companies Act, Cap.
50.
Applicable to all “Live” locally incorporated companies except for the Limited Partnerships, Limited Liability
Partnerships, Business Entities, Foreign Companies and Public Accounting Firms, the rating provide
information on whether a company is up-to-date with the holding of its Annual General Meeting (AGM) with upto-date financial statements and filing of its Annual Return (AR).
For more information: www.acra.gov.sg/compliance

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
13

SEARCH RECORDS
FINANCIAL RELATED SEARCH COUNT(The number of times that the above company had been searched by Financial Institutions using
QuestNet)
Year
2012
2011
2010

Total
20
56
41

Jan
2
5
3

Feb
0
1
5

Mar
3
5
5

Apr
1
2
2

May
3
5
4

Jun
1
7
4

Jul
7
10
2

Aug
2
3
1

Sep
1
6
3

Oct
0
3
4

Nov
0
8
2

Dec
0
1
6

COMMERCIAL RELATED SEARCH COUNT(The number of times that the above company had been searched by other companies, businesses orindividuals using QuestNet)
Year
2012
2011
2010

Total
7
7
12

Jan
1
0
0

Feb
0
0
2

Mar
1
0
0

Apr
0
1
2

May
1
1
1

Jun
1
1
1

Jul
2
0
2

Aug
1
0
0

Sep
0
0
0

Oct
0
2
1

Nov
0
1
2

Dec
0
1
1

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
14

BUSINESS PROFILE
The principal activities of Subject are manufacture and retail of all kinds of food, bakery and confectionery
products.

Organisational Background
Incorporated on 24 April 2000, Subject has been in operation for 15 years.
Mr. BENJAMIN BOYZE acts as Subject's Chief Executive and is responsible for its overall management,
strategic planning and business developments.

Operations
During an interview, Subject's Executive has identified Subject's operating address as follows:

100 Rainbow Street #05-05 Singapore 368330

An interview with Subject's Executive revealed the following:
Subject is principally engaged in manufactures and retail of all kinds of bakery and confectionery products.
Reportedly, Subject deals with the following products:





Bread
Cakes
Buns
Pastries

According to Subject Executive, Subject's signature food items are rainbow cakes.
Reportedly, Subject currently operates approximately 5 outlets located island wide.
Subject currently operates with approximately 500 staff.

Additional Information on Holding Company - FGH Group Ltd.
The Group's principal activities are carried out through two divisions:

Bakery Division
Restaurant Division

The Group owns and operates more than 100 bakery outlets in Asia.

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
15

INDUSTRY INFORMATIONHOSPITALITY / F&B (HOTELS & RESTAURANTS)OVERVIEWIn the fourth quarter of 2013, the economy grew by 5.5 per cent, slightly lower than the 5.8 per cent growth in
the third quarter. Growth was largely supported by the healthy expansion of the manufacturing, finance &insurance, as well as wholesale & retail trade sectors.
For the whole of 2013, the economy grew by 4.1 per cent, higher than the 1.9 per cent growth in 2012. Thiswas mainly due to strong growth in the services producing industries, particularly the finance & insurance, as
well as wholesale & retail trade sectors.
The accommodation & food services sector grew by 2.2 per cent in the fourth quarter of 2013, slower than the
3.6 per cent expansion in the previous quarter.
For the whole of 2013, the sector expanded by 3.0 per cent, extending the 2.3 per cent growth in 2012.

ACCOMODATIONIn the fourth quarter, the average room rate of gazetted hotels reached $263. This was 0.1 per cent higher
compared to a year ago. On the other hand, the average occupancy rate fell by 0.7 percentage-points to 86
per cent when compared to the same period in 2012. Overall, hotel room revenue grew by 4.7 per cent toreach $0.7 billion in the fourth quarter.
For the full year, hotel room revenue for gazette hotels rose by 3.9 per cent to $2.9 billion. This came on theback of a 5.6 per cent increase in the number of room-nights available to 13 million. By contrast, the averageroom rate and average occupancy rate declined by 1.4 per cent and 0.2 percentage-points to $258 and 86 percent respectively.

VISITOR ARRIVALSIn the fourth quarter, Singapore received 3.7 million visitors, 2.2 per cent lower compared to the same period ayear ago. For the full year, visitor arrivals growth moderated to 6.7 per cent from 10 per cent in 2012. In total,
visitor arrivals reached 15 million in 2013.
In terms of source markets, visitor arrivals from Asia came in at 9.1 million between January and September
2013. This accounted for 77 per cent of total visitor arrivals over the period. Key markets in the Asian region –China (26 per cent), Hong Kong (17 per cent), Japan (12 per cent), and Indonesia (9.3 per cent) – posted thehighest year-on-year growth rates during this period.
Singapore’s top five visitor-generating markets between January and September 2013 were Indonesia (2.3
million visitors), China (1.9 million), Malaysia (910,000), Australia (842,400) and India (702,900). Together,
they accounted for 56 per cent of total visitor arrivals over this period.

FOOD AND BEVERAGE SERVICES
The food & beverage services index declined by 0.4 per cent in the fourth quarter, a reversal of the 0.3 percent increase in the previous quarter. The weak fourth quarter performance was due to a decline in the salesof other eating places (-2.3 per cent) and restaurants (-0.2 per cent).

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
16

INDUSTRY INFORMATION
For the full year, the food & beverage services index increased by 0.2 per cent, moderating from the 2.1 percent growth in 2012. In particular, growth was dragged down by the 1.7 per cent decline in the sales of othereating places, following the 2.0 per cent increase in the previous year. Likewise, growth in the sales of foodcaterers and fast food outlets slowed from 7.5 per cent and 2.8 per cent respectively in 2012, to 2.4 per centand 1.3 per cent respectively in 2013. By contrast, restaurant sales growth rose slightly from 0.4 percent in 2012 to 1.0 per cent in 2013.

ECONOMIC OUTLOOKLEADING INDICATORSThe composite leading index (CLI) rose by 0.6 per cent on a quarter-on-quarter basis in the fourth quarter of2013, moderating from the increase of 1.4 per cent in the preceding quarter. Of the nine components within
the index, five components increased, namely, wholesale trade, stock prices, stock of finished goods, newcompanies formed, and the US Purchasing Managers’ Index. On the other hand, domestic liquidity and non-oil
sea cargo handled remained flat, while money supply and non-oil retained imports declined.

OUTLOOK FOR 2014
The global economic outlook is expected to improve modestly in 2014, supported by a sustained but slow
recovery in the US and Eurozone economies (Exhibit 9.2). In Asia, China’s growth is expected to moderateslightly as the government continues with reforms to rebalance the economy towards consumption-driven
growth. Key ASEAN economies are expected to remain resilient despite recent pressures on their financial
markets and currencies, as concrete steps have been taken to strengthen their fiscal positions while
improvements in the advanced economies should help to support their exports. Nonetheless, uncertainties in
the global macroeconomic environment remain. In the US, uncertainties regarding the pace of QE tapering
could weigh on the financial markets and business sentiments in the short term. In China, there are risks of a
sharper-than-expected slowdown given on-going policy adjustments to restructure the economy.
Against this backdrop, the Singapore economy is expected to post modest growth in 2014. Externally-oriented
sectors such as manufacturing and wholesale trade are likely to continue to recover and provide support to
growth, in tandem with the recovery in global demand. However, tightness in labour conditions could weigh on
growth in some labour-intensive domestically-oriented sectors. Overall, the Singapore economy is projected to
grow by 2.0 to 4.0 per cent in 2014.
Source: Ministry of Trade and Industry – Economic Survey Report of Singapore 2013

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
17

FINANCIAL HIGHLIGHTS
Auditor’s Comments – True and Fair? Yes
Company
FINANCIAL YEAR

31/12/2013% Change$

31/12/2012% Change

31/12/2011$$

Turnover96,264,872

21.80

79,033,012

25.13

63,159,350

Cost of Sales(33,735,681)

24.85(27,020,663)

22.89(21,988,499)

Gross Profit

62,529,191

20.22

52,012,349

26.33

41,170,851

Other Income

7,169,387-18.068,750,079-2.05

8,933,329

Operating Profit(1,667,007)

NA(3,600,453)

NA(1,235,748)

Profit Before Tax andMinority Interest

5,492,824

6.89

5,138,620-32.81

7,647,827

Taxation(1,155,701)

29.69(891,112)-0.50(895,621)

Minority Interest

0

NA

0

NA

0

Extraordinary Item

0

NA

0

NA

0

Profit After Tax andMinority Interest

4,337,123

2.11

4,247,508-37.096,752,206

Retained Profit at
Beginning of the Year

12,782,626

10.81

11,535,118

46.33

7,882,912

Dividends Paid

(2,200,000)

NA(3,000,000)

NA(3,100,000)

Retained Profit at theend of the Year

14,919,749

16.72

12,782,626

10.81

11,535,118

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
18

FINANCIAL HIGHLIGHTS
Auditor’s Comments – True and Fair? Yes
Company
FINANCIAL YEAR

31/12/2013% Change$

31/12/2012% Change$

31/12/2011$

ASSETS
Current Assets

28,578,300

19.72

23,870,084

18.22

20,191,938

Non-current Assets

13,585,143-1.53

13,796,110

10.86

12,444,427- Fixed Assets

11,033,737-1.67

11,221,036

21.15

9,261,809- Intangible Assets

22,244-51.5545,912-41.8778,979- Long-term Investments

919,1620.00

919,162-38.46

1,493,639

Total Assets

42,163,443

11.94

37,666,194

15.41

32,636,365

Current Liabilities

23,071,985

8.50

21,263,774

25.57

16,933,872

Long-Term Liabilities

1,458,332

47.76

986,987

0.66

980,519

Total Liabilities

24,530,317

10.24

22,250,761

24.21

17,914,391

Share Capital

2,000,000

0.00

2,000,000

0.00

2,000,000

Share Premium

0

NA

0

NA

0

Retained Earnings

14,919,749

16.72

12,782,626

10.81

11,535,118

Minority Interest

0

NA

0

NA

0

Other Reserves

713,377

12.73

632,807-46.681,186,856

Shareholders Funds

17,633,126

14.39

15,415,433

4.71

14,721,974

LIABILITIESSHAREHOLDERS’ FUNDS

Shareholder's
Funds
20.9%
Current Asset
33.9%
Non Current
Liabilities
1.7%

Current
Liabilities
27.4%

Non Current
Assets
16.1%

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
19

FINANCIAL RATIOS
Company
FINANCIAL YEAR END

31/12/2013

31/12/2012

31/12/2011

Rate of Net Profit (%)

4.51

5.37

10.69

Return on Equity (%)

24.60

27.55

45.86

Return on Assets (%)

10.29

11.28

20.69

Return on Capital Employed

0.29

0.31

0.49

Total Liabilities/Equity (times)

1.39

1.44

1.22

Current Liabilities/Equity (times)

1.31

1.38

1.15

Long Term Liabilities/Equity (times)

0.08

0.06

0.07

Debt Service Cover Ratio

19.83

59.87

15.78

Short-term Borrowings-to-cash Ratio

50.94

107.0622.03

Total Assets Turnover (times)

2.28

2.10

1.94

Fixed Assets Turnover (times)

7.09

5.73

5.08

Interest Coverage Ratio

575.80467.89154.71

19

20

17

Current Ratio (times)

1.24

1.12

1.19

Quick Ratio (times)

1.14

1.03

1.10

Average Collection Period (days)

10

7

5

PROFITABILITY

DEBT MANAGEMENTEFFICIENCY MANAGEMENT

Average Payment Period (days)
LIQUIDITY MANAGEMENTTTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
20

FINANCIAL COMMENTARYProfitability$120,000,000$100,000,000$80,000,000
Turnover
Profit/(Loss) After Tax$60,000,000$40,000,000$20,000,000
$0
2011

2012

2013

The company yielded a rate of net profit on sales of 4.51 per cent in FY13 (FY12: 5.37 per cent). The company
is now able to book in $0.05 of profit for every dollar of sales in FY13, as compared with $0.05 a year ago.

Liquidity

1.25
1.2
1.15

Current Ratio

1.1
1.05
2011

2012

2013

Current ratio stood at 1.24 times in FY13 (FY12: 1.12 times). This means that the company has $1.24 ofcurrent assets for every dollar of current liability incurred. Subject's current ratio is noted to be within theindustry norm for the sector in which the company is operating.
A minimum figure of 1.0 would be considered the lowest limit that this figure should reach. Any business thathas a current ratio near 1.0 may be heading for liquidity problems, and would need to be closely monitored. A
figure greater than 2.0 would be more desirable, to act as a buffer against any short-term liquidity problems,and give creditors/bank managers a degree of comfort when granting credit/finance.

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
21

FINANCIAL COMMENTARY
Leverage$30,000,000$25,000,000$20,000,000
Equity$15,000,000

Total Liabilities$10,000,000$5,000,000
$0
2011

2012

2013

Total liabilities-to-equity ratio notched 1.39 times in FY13, as compared with 1.44 times in FY12. This meansthat the company requires additional external financing of $1.39 for every dollar injected into its operations.
Subject's total liability-to-equity is noted to be within the industry norm for the sector in which the company isoperating.
Generally, a total liability-to-equity ratio of less than 0.5 times is preferred. The ratio measures the proportionof the company's reliance on external debt for financing, relative to the shareholder's fund. A lower ratio would
imply a greater financial safety and operating freedom for the company.

Efficiency Ratio

50
40
30

Return on Equity

20

Return on Assets

10
0
2011

2012

2013

Return on equity was 24.60 per cent for Subject in the current financial period, as compared to 27.55 per centa year ago. The return on equity measures the return earned on the owner's investment. Generally, the higher
this return, the better off the owner.
Return on assets stood at 10.29 per cent (FY12: 11.28 per cent). The return on asset measures the overall
effectiveness of management in generating profit with its available assets.
Total assets turnover ratio logged at 2.28 times in FY13 (FY12: 2.10 times). This ratio measures thecompany's ability to make productive use of its total assets to generate sales which reflects the efficiency ofthe management in utilizing its resources.

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
22

DP Credit Rating Scale

Default Frequency<0.1%

DP Credit Rating
DP1

0.1% - <0.2%DP2

0.2% - <0.4%DP3

0.4% - <1.0%DP4

1.0% - <3.0%DP5

3.0% - <8.0%DP68% - <14.0%

DP7

14.0% - <30%

DP8

Explanation
Possess extremely strong financial
fundamental with high incentive andcapability for repayment of obligations.
Has strong financial health with above
averagecapability
formeeting
payments.
Stable financial health and above
normaloperational
environment.
General unfavourable factors are not
likely to cause distress.
Overallfinancialhealthandoperation are considered normal.
Capableofmeetingits
commitments. May be susceptible todifficulties in the event of drasticchanges in economic conditions.
Adequate financial capabilities to meet
normalcommitments.
However,adverse changes in economic condition
could lead to doubtfulness in the ability
to pay.
Sufficiently sound financial ability tomeet normal obligations. Capabilities inreacting
toadverseoperational
condition are limited or consider
doubtful.
Weakness in financial ability isapparent. Vulnerable to unfavourable
changes in the economic andoperational environment and is likely tofall into a weakened financial condition.
Apparent weakness in financial healthwith limited capability to meet its
obligations especially in the event of
any adverse changes in operating
environment.

*

StatusPremium
Premium
StrongStrongModerate

Moderate

MonitorMonitor*DP 1 to DP 4 is comparable to “Investment Grade” rated securities, and DP 5 to DP 6 is comparable to “High
Yield” rated securities, and DP 7 to DP8 is comparable to “High Risk” rated securities.

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
23

DPI’S COMMENTS & RATINGSDP Credit Rating
The DP Credit Rating, a statistical model that measures the probability of default of the evaluated company, isdesigned for companies incorporated in Singapore. The model uses financial statement data to generate the
DP Credit Rating, taking into account the performance of 6 broad risk categories: profitability, capital structure,liquidity, activity, growth and size.
The DP Credit Rating model grades companies on a scale of DP1 to DP8. Each grade represents a range ofprobability of default, with DP1 representing the lowest probability of default and DP8 the highest probability ofdefault.
The DP Credit Rating is an opinion of the company’s financial capacity to fulfill its financial obligations. This
opinion focuses on the company’s ability rather than its willingness to meet those overall obligations. Every
rating assigned by DP Info is computed using available information with certain expectations and assumptions
made about variables that may impact the company’s performance at the time of the rating.
The DP Credit Rating is good for one year as variables that impact the financial performance of a company
can change significantly over a period of time, causing the rated entity’s credit quality to deviate materiallyfrom expectation. Thereafter, a review of rating is recommended to reflect changes in the rated entity’s future
debt repayment capability.
Great care must be taken to fully appreciate the implications of probability of defaults and the rating scales. A
high credit risk grade rating on a company does not mean that it is certainly going to default. It indicates thatthe company has risks associated with it that make it significantly more vulnerable to default in comparison
with those in the lower credit risk grades.
In the event of a downgrade in rating, it does not imply that a default is anticipated or imminent. Rather it
indicates that the credit risk associated with the company is relatively higher than what it was before thedowngrade.

Comments* - The rating is an opinion of the company’s capability and ability based on prevailing conditions andinformation made available to DP Information at the time of rating.
* - The rating is not a recommendation to buy or sell nor is it an endorsement or non-endorsement of anissue.
* - The information received has been obtained from sources believed to be reliable, but its accuracy orcompleteness is not guaranteed.
* - DP Information does not assume any part of the requester’s risk in the use or non-use of this rating.
* - No part of this report may be reproduced, stored in retrieval system or transmitted, in any form or by anymeans.
* - DP Information’s ratings are subject to change due to any unforeseen and/or foreseen circumstances

TTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnishedby DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at your request for your exclusive use as a basis for
credit, marketing and other business decisions. In accepting this report you hereby agree to be responsible for all damages arising from a violation or breach of
the above conditions. It is understood that this report is based upon information obtained from sources deemed reliable, the accuracy of which is no manner
guaranteed by DP Info. DP Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or its
agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information contained in this report, pleasecontact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info is a company of Experian. www.dpgroup.com.sg
24