Breached Contracts


Contract Number: 1137916154 issued on January 22, 2006, 2:49 am and became overdue for payment on January 27,2006

Company Name: Colgroup International Pty Ltd
Address: 44 Montebello Drive

City: Mount Gambier South Australia 5290
Contact: WANG A YI/ Ken Gibbett/Stephan Chan
Telephone: 61 8 87255639
Fax: 61 8 87232450
Email: colgroup1@gmail.com


Shipping to :CHINA INTERNATIONAL FINANCE LIMITED located in CHUNG LI TAOYUAN

Client ordered 200000 MTW of our material code 50-65 for 60 months at a price of $ 195.00 USD to be unloaded in China - Shanghai
Client currently owes $ 2,340,000,000.00 USD from January 27,2006 which is a full breech of contract on the initial amount of $ 39,000,000.00 due on January 27,2006
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: