Breached Contracts

Contract Number: 1084266765 issued on May 11, 2004, 5:12 am and became overdue for payment on August 02,2004

Company Name: Siam Tak Group Co. Ltd.
Address: 34/205 Sukhumvit Soi
59, Top View Tower
City: Klongtan, Wattana, Bangkok 10110 ,Thailand
Contact: Guo Siong Chem
Telephone: 66 98169983
Fax: 6660983888

Shipping to Siam Tak Group Co. Ltd. located in Klongtan, Wattana, Bangkok 10110 ,Thailand

Client ordered 200000 MTW of our material code 200-206 for 12 months at a price of $ 153.00 USD to be unloaded in Main China Port
Client currently owes $ 367,200,000 USD from August 02,2004 which is a full breech of contract on the initial amount of $ 30,600,000 due on August 02,2004
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: