Breached Contracts


Contract Number: 1077555506 issued on February 23, 2004, 11:58 am and became overdue for payment on March 21,2004

Company Name: RADIAN LIMITED
Address: 1PUTNEY BRIDGE APPROACH
FULHAM,LONDON SW6 3JD,U.K
City: TAIPEI OFFICE:7F,247-2 DER HER ROAD,YEOUNG HER ,TAIPEI 234,TAIWAN,ROC
Contact: YIH-SHYH HSU / C.E.O.
Telephone: 44-207-6109069 and 886-2-89235563
Fax: 44-207-6109074 and 886-2-89235662
Email: kucnz@yahoo.com.tw


Shipping to RADIAN LIMITED located in Tienjing Port and Bayuchan Port,China

Client ordered 165000 MTW of our material code 200-206 for 12 months at a price of $ 141.00 USD to be unloaded in China - Tianjin
Client currently owes $ 279,180,000 USD from March 21,2004 which is a full breech of contract on the initial amount of $ 23,265,000 due on March 21,2004
Client has not made any attempt to settle this debt nor to make any payment thereon and is assumed to be financially insolvent.
Client has made the following comments related to this posting: