MIRA INFORM REPORT

 

 

Report Date :

3rd January, 2007

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

No Trace

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

GENERAL OBSERVATIONS

 

 

COMPANY NAME

 

ROYAL STAR CARGO

 

 

ADDRESS

 

Physical Address

 

Location            : BMW Road

Town                 : Sharjah

Country             : United Arab Emirates

Facsimile          : (971-6) 5323025

Mobile               : (971-50) 6502619

Email                : sksk@emirates.net.ae

 

 

GENERAL COMMENTS

 

Opinion on the credit figure of US$ 150,000:

 

Upon investigation local sources were unable to locate a company called “Royal Star Cargo“ in Sharjah. They also consulted local business directories and journals, as well as the local telephone operator however there was no mention of the subject of your enquiry.

 

Enquiries made with the Sharjah Chamber of Commerce also proved unsuccessful as they had no listing under the name of “Royal Star Cargo”. The contact numbers were tried on numerous occasions but remained unanswered.

 

Should you be able to provide us with any further information on the subject of your enquiry we shall re-investigate and endeavour to send you a full report as soon as possible.

 

 

 

 

 

 

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