MIRA
INFORM REPORT
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Report Date : |
29.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
FANCY
COLLECTION CO., LTD. |
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Registered Office : |
3rd Floor, Itf-Silom Palace
Buidling, 160/783 Silom Road,
Suriyawongse, Bangrak,
Bangkok 10500 |
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Country : |
Thailand |
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Date of Incorporation : |
2006 |
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Com. Reg. No.: |
0105549037652 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Engaged in jewelry
trading business. |
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 : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name
FANCY COLLECTION CO., LTD.
SUMMARY
BUSINESS ADDRESS : -
TELEPHONE : -
FAX : -
REGISTRATION ADDRESS : 3rd FLOOR,
ITF-SILOM PALACE BUIDLING,
160/783 SILOM
ROAD, SURIYAWONGSE,
BANGRAK, BANGKOK
10500
ESTABLISHED : 2006
REGISTRATION NO.
: 0105549037652
CAPITAL
REGISTERED : BHT. 4,000,000
CAPITAL
PAID-UP : BHT. 4,000,000
FISCAL
YEAR CLOSING DATE : -
LEGAL STATUS : PRIVATE LIMITED COMPANY
EXECUTIVE : MR. BHAVESH KANTILAL SHAH, INDIAN
MANAGING DIRECTOR
NO. OF
STAFF : -
LINES OF
BUSINESS : JEWELRY PRODUCTS
TRADING COMPANY
CORPORATE PROFILE
OPERATING TREND : EARLY STAGE
PRESENT SITUATION : -
REPUTATION : -
MANAGEMENT STANDARD : -
HISTORY
The
subject was established
on March 20,
2006 as a
private limited company
by Thai and
Indian groups, under the
name style FANCY
COLLECTION CO., LTD.,
with the objective
to engage in
jewelry trading business.
The
subject’s registered address
is 160/783 ITF-Silom
Palace Bldg., Silom
Rd., Suriyawongse, Bangrak,
Bangkok 10500, and
this is the
subject’s current operation
address.
THE BOARD
OF DIRECTOR
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Name |
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Nationality |
Age |
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Mr. Bhavesh Kantilal Shah |
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Indian |
34 |
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Mrs. Dolly Bhavesh Shah |
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Indian |
29 |
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Mr. Kunal Ramesh Zaveri |
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Indian |
27 |
AUTHORIZED PERSON
Any of the above directors
can sign on
behalf of the
subject with company’s
affixed.
MANAGEMENT
Mr. Bhavesh Kantilal
Shah is the
Managing Director.
He is Indian nationality with
the age of
with the age
of 34 years old.
BUSINESS OPERATIONS
The subject is
engaged in jewelry
trading business.
NOTE
Please
be informed that we
were unable to
contact to the subject,
due to
there was nobody at
the subject’s address.
More over an
officer at ITF-Silom
Palace Building also
informed that the
owner is an Indian
and came to
this room once
or twice a
month to collect
some mails and
document.
COMMENT
Newly established
company with untraceable, therefore any business
engagement with the
subject is not
recommended.
FINANCIAL INFORMATION
The
capital was registered
at Bht. 2,000,000
divided into 20,000
shares of Bht.
100 each.
On
May 17, 2006,
capital was increased
to Bht. 4,000,000 divided
into 40,000 shares
of Bht. 100
each with fully
paid.
THE SHAREHOLDERS LISTED WERE :
[as at May 15, 2006]
|
NAME |
HOLDING |
% |
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Mr. Bhavesh Kantilal
Shah Nationality: Indian Address : 75
Baldavadee Rd., Mumbai,
India |
10,000 |
25.00 |
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Mr. Kijja Luangvisai Nationality: Thai Address : 155
Moo 9, Sattaheep, Chonburi |
5,100 |
12.75 |
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Ms.
Pawanrat Leamloke Nationality: Thai Address : 155
Moo 1, Bandaan,
Aranyaprathet, Srakaew |
5,100 |
12.75 |
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Ms.
Ratwadee Pimnont Nationality: Thai Address : 15/1
Moo 7, Suankluay, Kantaraluck, Srisaket |
5,100 |
12.75 |
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Ms. Krongthong Utamakaew Nationality: Thai Address : 40
Moo 3, Sridongyen, Chaiprakarn, Chiangmai |
5,100 |
12.75 |
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Mrs. Dolly Bhavesh
Shah Nationality: Indian Address : 75
Baldavadee Rd., Mumbai,
India |
4,800 |
12.00 |
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Mr. Kunal Ramesh
Zaveri Nationality: Indian Address : 10/115
Bombay, India |
4,800 |
12.00 |
Total Shareholders
7
NAME OF
AUDITOR & CERTIFIED
PUBLIC
ACCOUNTANT NO.
Ms. Wasana Tanmongkol No.
1888
NOTE
The 2006, financial
statement has not
yet available during
this current investigation.
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)