MIRA INFORM REPORT

 

 

Report Date :

16th February, 2007

 

IDENTIFICATION DETAILS

 

Name :

ASIA PACIFIC PROJECTS CONSULTING LTD

 

 

Registered Office :

Suite 789, 3705 Bank Of America Tower 12, Harcourt Rd Central Hong Kong

 

 

Country :

Hong Kong

 

RATING & COMMENTS

 

MIRA’s Rating :

NR (No Rating)

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 


Company Name & Address

 

ASIA PACIFIC PROJECTS CONSULTING LTD

SUITE 789, 3705 BANK OF AMERICA TOWER 12, HARCOURT RD CENTRAL HONG KONG

TEL      : 852-21159628  

FAX      : 852-21159818

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : N/A

REGISTRATION NO.                  : N/A

LEGAL FORM                           : N/A

CHIEF EXECUTIVE                    : N/A

STAFF STRENGTH                    : N/A

CAPITAL                                   : N/A

BUSINESS LINE                        : SERVICE

TURNOVER                              : N/A (AS OF DEC. 31, 2005)

EQUITIES                                 : N/A (AS OF DEC. 31, 2005)

PAYMENT                                : N/A

RECOMM. CREDIT RANGE       : NO RECOMMENDATION

MARKET CONDITION                : COMPETITIVE

FINANCIAL CONDITION             : N/A

OPERATIONAL TREND  : N/A

GENERAL REPUTATION           : N/A

EXCHANGE RATE                     : HKD 7.80681 = US$1 AS OF 2007-2-6

 

Adopted abbreviations:

ANS - amount not stated           

NS - not stated 

SC - subject company (the company inquired by you)

NA - not available          

M - million        

HKD –Hong Kong Dollars

 

Rounded Rectangle: HISTORY 

 

 

 


SC refused to release the history details at present.

 

Rounded Rectangle: WEB SITE 

 

 

 


SC is not known to host website of its own at present.

 

E-mail: appc@aprava.com

 

 

 

 

 

Rounded Rectangle: LITIGATION 

 

 


For the past two years there is no record of litigation.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


Such business licenses, do not require local Shareholders, nor local Directors.

 

 

Rounded Rectangle: MANAGEMENT 

 

 


SC refused to release the management details at present.

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


Products: Consulting 

               Project consultancy 

 

*Operation Status*

===============

The Subject company is a NOT legally registered entity in Hong Kong.  It does not maintain an operational office, nor any employees in this country, but rather employs the services of a local firm engaged in corporate secretarial management services to "maintain" legal documents on behalf of the owners who are located overseas.

 

The management services usually involves registering the office address as the same one used by the firm employed to "maintain" the license, as well as receive any mail address to the company, forward  mail to owners, attend to license renewals, corporate levies and related issues.

 

Company name  : CORPORATE MANAGEMENT SERVICE LTD

Address              : Suite 789, 3705 Bank Of America Tower 12 Harcourt Rd

Suburb                : Central

City                     : Hong Kong

 

Companies are registered in Hong Kong mainly for tax reasons and there is not taxation on profits generated offshore.

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


SC is not known to have any subsidiary at present.

 

 

Rounded Rectangle: PAYMENTHISTORY 

 

 


PAYMENT RATING       :NR                OBTAINED SCORES        : 0

Rating Key

Implication

Implications

1

Scores 85–100

Excellent

2

Scores 75 – 84

Above Average

3

Scores 50 – 74

Average

4

Scores 35 – 49

Fair

5

Scores 15 – 34

Below Average

6

Scores 01 – 14

Poor

NR

No Data

No Data

 

The rating indicates the payment pattern of SC based upon our Payment Database, comments from suppliers of SC, information from banks (if available), as well as industrial sources.

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


SC refused to release the financial details at present.

 

 

Rounded Rectangle: REMARKS 

 

 

 


Based on the investigations performed, it has not been possible to prepare a normal credit report on the company. Given the circumstances, caution is advised related to dealings with persons claiming to represent such an entity. 

 

 

 

 

 


ATTACHED: TRADE REFERENCES

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code                Product/Service Description

Service              7389                 Business Svcs, NEC

Service              8748                 Business Consulting Svcs, NEC

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code                Product/Service Description

Service              9878                 Business development/consulting

 

 

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions