MIRA
INFORM REPORT
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Report Date : |
24th
January, 2007 |
IDENTIFICATION DETAILS
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Name : |
ANTIBIOTICS HONG
KONG INTERNATIONAL LTD. |
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Registered Office : |
1/F, Sunning Plaza, |
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Country : |
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Date of Incorporation : |
01.02.1994 |
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Legal Form : |
Private
limited Company |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
Moderate
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Payment Behaviour : |
Unknown
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Litigation : |
Clear |
Name & address
ANTIBIOTICS HONG KONG INTERNATIONAL LTD.
1/F, SUNNING PLAZA,
(AS REGISTERED)
TEL: NOT REGISTERED
FAX: NOT REGISTERED
Narrative report
This refers to a type of report
whose format is different from that of a standard report. Such type of report
is provided when:
l
Information obtained is insufficient
for compiling a standard report.
l
The enquired co has been out of
business or its business address has been untraceable.
It
should be noted that the time and manpower spent on preparing such type of
report might be greater than those on a standard report. On many occasions, the
information in this type of report still indicates the current status of the
enquired co. and serves as a useful reference to assess its credit standing.
The
correct address of SC is the heading one instead of the address given by you.
Your given address is SC's former registered office address.
SC is a
private limited co. incorporated under co. file no. 463233 on 1-2-1994.
Details
of its incorporation information are shown to be as follows:
Authorized
capital :HKD61,174,193 divided into 61,174,193 shares @ HKD1.-
Paid-up
capital :HKD61,174,193
Shareholders/subscribers
(as at 1-2-2005)
Name(s),
ID/passport number, nationality & registered address No. of Shares
- Qilu
Pharmaceutical Co., Ltd. 61,174,193
/ No.2
Directors(as
at 29-8-2005)
Name(s),
ID/passport number & nationality Registered
address
- Li Yan
/ NA / Chinese
- Chen
Lianbing / NA / Chinese --
ditto --
The
above information is based on SC's registration documents filed in Companies
Registry within the last 2 years.
Current
search reveals certain material change or amendment of SC has been recorded
within the last 2 years & noted as follows:
Change
in co. name: SC was formerly named
Antibioticos Group Hong Kong Ltd. and adopted present name Antibioticos Group
Hong Kong Ltd. on 8-9-2005.
Change
in business address: SC moved to the
heading business address from 37/F, Hennessy Centre,
Change
in shares holding:
Date Transferor(s) Transferee(s) No. of
shares transferred
6-5-2005 Antibioticos
8-8-2005 Antibioticos
S.P.A. Qilu Pharmaceutical
Partial
change in SC's directorship is as follows:
Name(s)
of resigned director(s) Resignation
date
Cattaneo
Giuseppe 31-10-2004
Mauri
Emilio 29-8-2005
Pizzocaro
Carlo Giovanni 29-8-2005
Name(s)
of newly appointed director(s) Appointment
date
Li Yan 29-8-2005
Chen
Lianbing 29-8-2005
This
section will contain the civil litigations & winding-up petitions filed
against SC for the last 6 years (as stored in our database), and the
mortgage/charge filed by SC for the last 2 years. In
Civil
litigation/winding-up petitions :None in our database.
Mortgage/charge
record(s) : None filed since its incorporation date.
SC is a
subsidiary of Qilu Pharmaceutical Co. Lt. whose partial information is as
follows:
- Year established: 1958
- Address:
No.2
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Business line: Engaged in
development & manufacaturing of pharmaceutical products.
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No. of employees: 3,600 (as at 31-12-2005)
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Civil litigation & winding-up petition records: None in our database
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Turnover: US$30M (year ended 31-12-2005)
Li Yan,
director.
Credit
history check : This refers to a check of our database whether the said person
has been involved in any of the following records
Civil
litigation as defendants : None in our database
Bankruptcy/winding-up
petitions : None in our database
Delinquent
payment records : None in our database
Debt collection
records : No overdue amount owed by the said
person was placed to us for collection
Chen
Lianbing, director.
Credit
history check : This refers to a check
of our database whether the said person has been involved in any of the
following records stored by us within the last 6 years:
Civil
litigation as defendants : None in our database
Bankruptcy/winding-up
petitions : None in our database
Delinquent
payment records : None in our database
Debt
collection records : No overdue amount owed by the said
person was placed to us for collection
Detailed information regarding its activities is not available.
SC is not known to have any subsidiary at present.
On
4-10-2006, a visit to the premises at the heading business address by our field
reporter revealed the following:
The
address is a commercial premises outside of which SC's name was not seen on
display. Instead, the following co.
name(s) was/were seen on display:
- Acumen
Consultants Ltd.
The
gross area of the premises is estimated at 3,500 square feet.
Condition
inside the premises during our visit:
Office/factory
outlay: Standard
The
premises is occupied as office by Acumen Consultants Ltd. (Tel: 852-28946840
& FAx: 852-25043308) which is a certified public accountants firm with
sideline business in providing company secretarial Acumen Consultants Ltd.
(Tel: 852-28946840 & FAx: 852-25043308)services.
Our
reporter then contacted Ms. Law who identified herself as a staffmember of the
said co.
She
confirmed that SC is one of the many cos. whose secretarial & accounting
affairs are being handled by them.
She
further advised that only SC's principal(s) could handle outside parties
business enquiries on SC while SC's principals were not in office by that time.
It is a
general practice in
She had
promised to pass our message & deliver our brochure & questionnaire to
SC's principal(s). However, we have not
yet received any reply.
So far,
we have not yet received any reply.
Our
current inquiry reveals that no such name as SC is registered as a current user
of local fixed line telephone companies.
In
In view
of SC's style of operations and insufficient information, we have no base to
formulate our credit opinion on SC.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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