受付番号

9999999999

号〒107-8680
東京都港区南青山２－５－２０
Tel 03 (5775) 3000 (大代）＜社 外 極 秘＞海外企業信用調査報告書
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調査先商号◎

海外信用区分

A

B

厚い

Ｃ
信用程度

D

E

NR

薄い

評価不可

※ 「海外信用区分」は、各国の調査機関が採用している調査対象企業の信用状態に関する固有の評価について、各調査機関と協議のうえ、弊社独自の基準により５段階のＴＤＢ信用程度に推計した参考情報です。基礎となる
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与信判断の際には、各種情報と照らし合わせ、総合的に判断していただきますようお願いいたします。
※ 「海外信用区分」は、異なる国の企業間の単純な比較に用いることを想定したものではありません。
※ 詳しくはこちらをご参照ください。
http://www.tdb.co.jp/contact/faq15.html#Q9

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GEN SERVICES PTE. LTD.
SINGAPORE CREDIT REPORT(REPORT DATE: MAY 2012)(File Ref No: 99999)

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SINGAPORE CREDIT REPORT

Company Name:

Registered Number:

GEN SERVICES PTE. LTD.

197200601D

Date Incorporated:

Registered Office:Telephone Number:

28/01/1972

100 RAFFLES PLACE #35-00 SINGAPORE
0485556248 999

Age of Company:

Website:Industry Type:

40

NA

COMMERCEWHOLESALE

CreditAssessment
Risk & Rating

Risk Dashboard
Debts Turn Cash
Trend:

Credit Limit:

Company DTC:

S$100,000

15

Credit Rating:

The entity is paying
current to the creditors

DP5

No. of Litigation
Counts:NA
No. of Charges(s):2Industry DTC

40 Days
Directors
Number of Current Directors
Number that areshareholders

Corporate Structure
91

Holding Company:
No. of Subsidiaries &Associated Companies:EN HOLDINGS LIMITEDNA

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

Owners / Shareholders

STRONGGOOD

FAIRMARGINAL

WEAK

Operational Factors

STRONGGOOD

FAIRMARGINAL

WEAK

Financial Factors

STRONGGOOD

FAIRMARGINAL

WEAK

Industry / Market
Condition

STRONGGOOD

FAIRMARGINAL

WEAK

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION GROUP | Part of the Experian Group ("DP Info") in STRICT CONFIDENCE at your request and 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. Please notify & contact DP Info promptly of any questions regarding the accuracy of theinformation contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 65 63201900.
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SINGAPORE CREDIT REPORTGEN SERVICES PTE. LTD.

Executive SummaryCompany Name:Gen Services Pte. Ltd.

Registration No:

197200601D

Date of Registration:

28/01/1972

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
and through bank loans.

Registered Address:

100 RAFFLES PLACE #35-00 SINGAPORE 048555

Date of Change of Address:

01/02/2006

Business Address:

100 RAFFLES PLACE #35-00 SINGAPORE 048555

Contact No.

:

6248 999

Fax No.

:6248 4501

Website:http://www.abcgen.com/index.aspx

Registered Activities:

1. Wholesale Of Medicinal And Pharmaceutical Products(Western)
2. Wholesale Of Professional, Scientific And Precision Equipment

Business Activities:

Marketing and sale of pharmaceutical products, diagnostic equipment,
test kits, infant nutritional products and hospital products in Singapore.

Issued Ordinary Capital*:$1,000,000.00 SINGAPORE, DOLLARS NO. OF SHARE : 1,000,000

Issued Preference Capital:

N,A

Paid-Up Ordinary Capital:$1,000,000.00 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:

NA

No. of Local Associates:

NA

Holding Company:

En Holdings Limited

Listed Status:

No

Staff Strength:

100

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION GROUP | Part of the Experian Group ("DP Info") in STRICT CONFIDENCE at your request and 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. Please notify & contact DP Info promptly of any questions regarding the accuracy of theinformation contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 65 63201900.
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Auditor:

Chin Huat & Co

Bankers / Financiers:

Dbs Bank Ltd.

Turnover:NA

Net Worth:NA

No. of Bank Charges:

2

No. of Litigation Suits:

NA

Payment Behavior:

Untraced

S1000 / SME 1000 / FG50
Ranking:NACredit Rating & RecommendationCredit Rating:

DP5

Recommended Credit Line:

S$100,000

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION GROUP | Part of the Experian Group ("DP Info") in STRICT CONFIDENCE at your request and 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. Please notify & contact DP Info promptly of any questions regarding the accuracy of theinformation contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 65 63201900.
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SHAREHOLDER DETAILSNAMESHAREHOLDER ID
NATIONALITY
ADDRESSNO. OF ORD SHARES% OF SHAREHOLDINGCURRENCY



:
:
:
:
:
:
:

EN HOLDINGS LIMITED
T08UF399B
CYPRUSMELIZA COURT 4TH FLOOR, P.C. 31005, LIMASSOL, CYPRUS
1,000,000
100%
SINGAPORE, DOLLARSTHIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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OFFICER DETAILSNAMEADDRESSPOSITIONDATE OF APPTNATIONALITY
I/C PASSPORTNAME
ADDRESSPOSITIONDATE OF APPTNATIONALITY
I/C PASSPORTNAME
ADDRESSPOSITIONDATE OF APPTNATIONALITY
I/C PASSPORT




:
:
:
:
:
:

YEOH GUAN TEDAMANSARA UTAMA 47400 PETALING JAYA SELANGOR MALAYSIA
DIRECTOR
28/01/1972
MALAYSIAN
A10683773

:
:
:
:
:
:

SIMON ANDRE
GRAND RUE 555 FOUNEX, SWITZERLAND
DIRECTOR
03/03/2009
BELGIANEH956555

:
:
:
:
:
:

LEONG CHEE
#02-83 SUN PLAZA GREEN SINGAPORE 520403
SECRETARY
27/03/1972
SINGAPORE P.R.
S7222217D

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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KEY PERSONNEL PROFILEName:

YEOH GUAN TE

NRIC Number:

A10683755

Available Address:

DAMANSARA UTAMA 47400 PETALING JAYA SELANGOR MALAYSIACurrent Business Interest

No. Name

PositionAppt Date#of Share%

',5(&725



1$

*(16(59,&(637(/7'Previous Business

No. Name

Status*(16(59,&(637(/7'Position/,9(&203$1<

6+$5(+2/'(5Appt Date

Last Known
Inactive Date

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: -

Litigation Search – Writ of Summons

Court
Case
Year
Date of Filing
AmountNo.
No TraceNegative List (if any)
Source of information is from DP available database.
TracesStatusNo
Trace

Cause Category

Last Updated Date

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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SUBSIDIARIES AND ASSOCIATE COMPANIES IN S’PORECompany
NA






Shareholdings (%)



THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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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:
Charge No.
: C201004111
1)
Date of Registration: 20/05/2015
Chargee: DBS BANK LTD.
Amount Secured and : All Monies
Currency
Address: 6 SHENTON WAY, DBS BUILDING TOWER ONE SINGAPORE 068809
2)
Charge No.
: C20100555
Date of Registration: 20/05/2011
Chargee: DBS BANK LTD.
Amount Secured and : All Monies
Currency
Address: 6 SHENTON WAY, DBS BUILDING TOWER ONE SINGAPORE 068809
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Payment Profiling (The payment pattern of Subject for the past 12 months)
Description
Improve
Consistent
Deteriorate
Alert
No Trend

Percentage
0%
0%
0%
0%
100%

Description
Improve:
Current month’s performance better than previous month
Consistent:
Trend found in the way debtors (based on at least 6 consecutive records)
Deteriorate:
Current month’s performance worse than previous month
Alert:
Negative List; Absolute refusal to make payment
No Trend:
Inconsistent; not able to categorize
Negative List (if any)
Source of information is from DP available database.
TracesNo
Trace

StatusLast Updated Date

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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LITIGATIONClearCOMPLIANCE RECORDS
Date of Last AGM
Date of Last AR
Date of A/C Laid at Last AGM:::

25/06/2011
27/06/2011
31/12/2010


COMPLIANCE RATING FOR ANNUAL FILING


$118$/*(1(5$/0((7,1*$118$/5(7851$1'$&&281768372'$7(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

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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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
2
3
19

Jan
0
0
1

Feb
0
0
7

Mar
1
0
5

Apr
0
0
1

May
1
0
2

Jun
0
1
0

Jul
0
0
1

Aug
0
0
1

Sep
0
0
0

Oct
0
1
0

Nov
0
0
0

Dec
0
1
1

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
0
1
1

Jan
0
0
0

Feb
0
0
0

Mar
0
0
0

Apr
0
0
0

May
0
0
0

Jun
0
1
0

Jul
0
0
0

Aug
0
0
0

Sep
0
0
0

Oct
0
0
1

Nov
0
0
0

Dec
0
0
0

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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BUSINESS PROFILE

The principal activities of Subject are of those related to the marketing and sale of pharmaceutical products,
diagnostic equipment, test kits, infant nutritional products and hospital products in Singapore.

Organisational Background
Incorporated on 28 January 2002, Subject has been in operation for 10 years.
Mr. YEOH GUAN TEIK acts as Subject's Chief Executive and is responsible for its overall management,
strategic planning and business developments.

Operations
Subject’s Executive has confirmed Subject’s operating address as:•

100 RAFFLES PLACE #35-00 SINGAPORE 048555

An interview with Subject’s Executive revealed the following:
Subject is principally engaged in the marketing and sale of pharmaceutical products, diagnostic equipment,
test kits, diabetes care, infant nutritional products and hospital products.
Subject carries products of the following brands:
•





Adult Nutrition
ProsureEnsureGlucerna
Abbott Tube Feeds & Specialized Feeds

•








Infant Products
Similac
Gain
Grow 3 Plus
Grow School
PediaSure
IsomilPedialyte

According to Subject’s Executive, Subject serves primarily the domestic market and is not actively involvedin any export activities.
Subject currently operates with approximately 100 staff.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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INDUSTRY INFORMATIONCOMMERCE (WHOLESALE / RETAIL)OVERVIEWIn the fourth quarter of 2011, the economy grew by 3.6 per cent, moderating from the growth of 6.0 per cent in
the third quarter. Growth was largely supported by the manufacturing sector, due to the strong expansion in
the biomedical manufacturing cluster.
For the whole of 2011, the economy grew by 4.9 per cent, following the expansion of 14.8 per cent in 2010.
The slowdown in growth was seen across all major sectors.
The wholesale and retail trade sector expanded by 0.9 per cent in the fourth quarter of 2011, rebounding fromthe 1.4 per cent decline in the preceding quarter. For the whole of 2011, the wholesale and retail trade sector
growth was 1.1 per cent, significantly lower than the 15 per cent growth in 2010.
Growth of the wholesale trade segment was 0.8 per cent in 2011, a sharp drop from the 17 per cent expansion
in the previous year, as a result of weaker trade performance. Retail trade grew by 3.7 per cent on the back ofhealthy visitor arrivals and household consumption.

RETAIL SALESIn the fourth quarter, retail sales volume grew by 4.4 per cent, following the 2.0 per cent increase in theprevious quarter. Excluding motor vehicles, retail sales volume grew by 5.7 per cent, faster than the 4.5 percent gain in the previous quarter.
The sales volume of motor vehicles and supermarkets remained unchanged in the fourth quarter. With the
exception of optical goods and books (-5.1 per cent), sales of all other retail segments grew in the fourth
quarter. In particular, the sales volume of telecommunications and computers posted double-digit growth of 35
per cent.
For the full year, retail sales grew by 2.2 per cent, a reversal from the 2.5 per cent contraction in 2010.
Excluding motor vehicle sales, retail sales grew by 5.6 per cent, similar to the growth in 2010.
Telecommunications and computers registered the largest increase (18 per cent) in sales volume in 2011,
followed by watches and jewellery (8.3 per cent), and medical goods and toiletries (7.6 per cent). By contrast,
the sales volumes of motor vehicles (-8.4 per cent), optical goods and books (-3.2 per cent) and supermarkets(-2.1 per cent) declined.

OVERVIEW OF SINGAPORE’S WHOLESALE TRADE SECTORBACKGROUND
The wholesale trade sector is a major component of Singapore’s services sector and an important engine of
growth for the Singapore economy. Foreign wholesale trade, in particular, is playing an increasingly dominantrole, due to strong growth in our re-exports and offshore trade. Despite the short-term headwinds facing thesector arising from the global economic crisis, its longer term outlook remains positive as Singapore is moving
into new offshore trading products and opening up new export markets.
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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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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INDUSTRY INFORMATION
WHOLESALE
The domestic wholesale trade index declined by 5.3 per cent in the fourth quarter, a reversal from the 1.9 percent growth in the previous quarter. This was primarily due to declines in the sales of chemicals and chemical
products, electronic components and petroleum and petroleum products. For the full year, the domestic
wholesale trade index contracted by 1.7 per cent, compared to the flat growth in 2010.
Growth of the foreign wholesale trade index moderated to 2.1 per cent in the fourth quarter, following the 5.5
per cent increase in the previous quarter. The slowdown was due to the 13 per cent decline in the sales oftransport equipment, a sharp reversal from the 10 per cent growth in the previous quarter. For the whole of2011, the foreign wholesale trade index rose by 4.0 per cent, significantly slower than the 13 per cent increasein 2010.

OVERALL OUTLOOK FOR 2012
The outlook for the global economy remains weak. Although the US economy has shown signs ofimprovement, growth will likely be weighed down by public spending cuts and weakness in the housing
market. The Eurozone is expected to enter into a mild recession as fiscal consolidation and bank deleveraging
dampen private demand. Growth in key Asian economies is also likely to moderate in line with the slowdown inexternal demand.
Given the subdued macroeconomic environment, Singapore’s manufacturing and other export-related sectors
are expected to remain sluggish. Core financial intermediation activities will also likely moderate as domestic
and regional demand for credit ease. While rising visitor inflows could help sustain the tourism-related sectors,
their contributions to overall growth will be modest. As such, the Ministry of Trade and Industry expects theSingapore economy to grow at a more measured pace of 1.0 to 3.0 per cent in 2012.
This forecast, however, does not factor in downside risks to growth, namely a disorderly sovereign default in
the Eurozone and a global oil price shock precipitated by geopolitical tension in the Middle East. Should any ofthe downside risks materialize, there could be further impact to Singapore’s growth.
Source: Ministry of Trade and Industry – Economic Survey Report of Singapore

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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SUMMARY
A Limited Private Company incorporated on 28 January 2002, Subject has been in operation for 40 years
under the present name style of SOFGEN SERVICES PTE. LTD..
Mr. YEOH GUAN TE acts as Subject's Chief Executive and is responsible for its overall management,
strategic planning and business developments.
The principal activities of Subject are of those related to the marketing and sale of pharmaceutical products,
diagnostic equipment, test kits, infant nutritional products and hospital products in Singapore.
Subject's holding company is En Holdings Limited. Having a holding company allows Subject to enjoy thebenefit of timely financial assistance should the need arise, barring any unforeseen circumstances.
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THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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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.
Overall financial health and operation
are considered normal. Capable ofmeeting its commitments. May besusceptible to difficulties in the event ofdrastic
changesin
economic
conditions.
Adequate financial capabilities tomeetnormalcommitments.
However,adversechangesin
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.
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THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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DPI’S COMMENTS & RATINGS
DP Score (DP-BAS)
DP Score (DP-BAS) is a consistent and transparent risk assessment tool used in the credit rating process.
DP-BR delivers corporate rating models based on sample data set selected from DP Info’s proprietarydatabase.
In DP Business Rating, both qualitative and quantitative risk aspects are taken into account in evaluating therating of companies. The qualitative and financial score factors used to assess the credit worthiness ofcompanies include history, paid-up capital, operating scale, business scale, profitability, liquidity, leverage,
reserves and profit margin.
Each score factor is calibrated on a scale from 1 to 10. The total score arrived at depicts the level of credit
worthiness which is assigned to a DP Business Rating. The DP Business Rating ranges from Aaa to C.
Industry consensus is that best practice rating processes should be the result of both model output and expert
opinion; both Quantitative and Qualitative. DP-BAS delivers consistent quantitative analysis, within aframework which promotes qualitative scrutiny. The use of DP-BR promotes a balances best practice
approach to the assessment of credit risk.

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

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHER PARTY. It is furnished by
DP INFORMATION NETWORK PTE LTD ("DP Info") in STRICT CONFIDENCE at your request and for your exclusive use as a basis for credit, marketingand 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 inprocuring, collecting or communicating any information. Please notify & contact DP Info promptly of any questions regarding the accuracy of the information
contained in this report to the Customer Service Division at: 72 Bendemeer Road #04-28 Luzerne Singapore 339941 or call: 67381900.
BAS, Business Assessment Services, A Department of DP Information Network Pte Ltd (Company Registration No: 198302653E)
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