MIRA INFORM REPORT

 

 

Report Date :

07.11.2007

 

IDENTIFICATION DETAILS

 

Name :

FRESENIUS KABI ASIA PACIFIC LTD

 

 

Registered Office :

RM 5012-34, 51fl Sun Hung Kai Centre, 30 Harbour Road Wanchai

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

12.02.2001

 

 

Com. Reg. No.:

0746811

 

 

Legal Form :

Private

 

 

Line of Business :

Specializes in Trading Medical Products.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Maximum Credit Limit :

USD 5,000

 

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear


NAME AND ADDRESS                         

 

FRESENIUS KABI ASIA PACIFIC LTD

RM 5012-34, 51FL SUN HUNG KAI CENTRE

30 HARBOUR RD WANCHAI, HONG KONG.

TEL: 852-21162683   FAX: 852-21163420

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : 12 FEBRUARY, 2001

REGISTRATION NO.                  : 0746811

LEGAL FORM                           : PRIVATE

CHIEF EXECUTIVE                    : MR. MATS CHRISTER HENRIKSON (PRESIDENT)

STAFF STRENGTH                    : 20

CAPITAL                                   : US$ 12,837

BUSINESS LINE                        : TRADER

TURNOVER                              : N/A (AS OF DEC. 31, 2006)

EQUITIES                                 : N/A (AS OF DEC. 31, 2006)

PAYMENT                                : FAIR

RECOMM. CREDIT RANGE       : UP TO USD 5,000

MARKET CONDITION                : AVERAGE

FINANCIAL CONDITION             : N/A

OPERATIONAL TREND  : STEADY

GENERAL REPUTATION           : AVERAGE

EXCHANGE RATE                     : HKD 7.76450 = US$1

 

 

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 

 

 

 


* Company Registration*

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

(1)

License number     : 0746811

Date issued            : 12 February, 2001

Issuing authority     : Companies Registry

Type of license       : Corporate

 

(2)

License number     : 31582695-000

Issuing authority    : Business Registration Office - Inland Revenue Dept

Type of license      : Business

 

*Corporate & Organization Structure*

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

Serves as headquarters of the Asia-Pacific Region.

 

*Capital Details*

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

Share value             : HKD 1.00/-each

Authorized capital : HKD 100,000.00

Paid-up capital       : HKD 1,000.00

 

*Registrars*

==========

DIBB LUPTON ALSOP 

 

*Reputation*

==========

Reference checking for the purpose of establishing the firm's reputation within the respective industry failed to reveal any negative information.

 

*Approved Signatures*

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

Mr. Mats Christer Henrikson can sign on behalf of the company with seal affixed.

 

Rounded Rectangle: WEB SITE 

 

 

 


www.fresenius-kabi.com The design is professional and the content is well organized. At present it is in English version.

 

E-mail: asia-pacific@fresenius-kabi.com

 

 

Rounded Rectangle: LITIGATION 

 

 


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

 

 

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


*Major Shareholders*

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

Total number of shareholders  : 2

Total number of shares            : 1,000

Share class                              : Ordinary

 

Shareholders' Name                                                    No. of Shares       Amount of Shares (HKD)        % of Shares

--------------------------                                                  ------------------     ---------------------------------      ----------------

FRESENIUS KABI AG                                                       999                               999.00                            99.90

FRESENIUS KABI DEUTSCHLAND GMBH                      1                                   1.00                              0.10

 

*Director's Details*

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

Jens Hendrik Holstein

HKID no. : R503722(A)

Address   : House 53 Headland Drive Headland Villa Discovery Bay, Lantau Island, New Territorie, Hong Kong

 

*Corporate Secretary*

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

CLARSON SERVICES LTD

CR no.    : 582737

Address : 41Fl Bank Of China Tower 1 Garden Rd, Central, Hong Kong

 

 

Rounded Rectangle: MANAGEMENT 

 

 


Management: Mr. Mats Christer Henrikson, President

 

Name                                        Nationality         Job Description

Mr. Mats Christer Henrikson       German             President

 

*Key Personnel*

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

Mats Christer Henrikson

HKID no.             : R028822(4)

Address              : 35 Palm Drive The Redhill Peninsula Site D 18 Pak Pat Shan Rd Tai Tam Hong Kong

                               Hong Kong

Responsibilities : Handles the overall management of the company 

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Main Products & Services*

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

Specializes in trading medical products. 

 

Products: Clinical nutritional products 

               Infusion solution 

               Infusion therapy 

               Medical products 

 


*Payment Terms*

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

Sales

-------

Local    : Cash or Credit

Export  : Letter of Credit (L/C)

               Telegraphic Transfer (T/T)

 

Purchases

--------------

Local    : Cash or Credit

Import  : Letter of Credit (L/C)

                Telegraphic Transfer (T/T)

 

*Local Distribution Network*

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

Majority of the annual turnover is attributed to local sales. 

 

*Export Markets*

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

Part of the annual turnover is attributed to export. 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


*Strategic Partners & Alliances*

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

Group name  : FRESENIUS KABI Group

Details           : - The group maintains 15,600 employees worldwide, a global network of 50 sales organizations

                            and 46 production sites.

                         - It has achieved a sales of EUR 1,893 million and an operating profit of EUR 291 million in 2006. 

 

*(Subsidiaries , Joint-ventures & Affiliates) 

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

Company Name : BEIJING FRESENIUS PHARMACEUTICAL CO LTD

Address            : Rm 2105 East Ocean Center 24A Jian Guo Men Wai Dajie Beijing 100004 China

Country             : China

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type : Manufacturer

Industry             : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI (BEIJING) R&D CO LTD

Address            : Rm 2105 East Ocean Center 24A Jian Guo Men Wai Dajie Beijing 100004 China

Country             : China

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type  : Manufacturer

Industry             : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI (CHINA) CO LTD

Address             : Rm 2105 East Ocean Center 24A Jian Guo Men Wai Dajie Beijing 100004 China

Country              : China

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type   : Manufacturer

Industry              : Medical Equipment & Pharmaceutical

 

Company Name  : FRESENIUS KABI (SINGAPORE) PTE LTD

Address            : Alfa Centre 99 Bukit Timah Rd #05-08 229835 Singapore

Country             : Singapore

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type  : Trader

Industry             : Medical Equipment & Pharmaceutical

 

Company Name  : FRESENIUS KABI (THAILAND) LTD

Address              : Rm 2403-4, 24Fl The Millenia Bldg 62 Lungsuan Rd Kwaeng Lumpini Lumpini Pathumwan Bangkok 10330 Thailand

Country               : Thailand

Relationship        : Affiliate

Legal Form          : Private company with limited liability

Company Type    : Trader

Industry               : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI HONG KONG LTD

Address            : Room 5012-34, 51Fl Sun Hung Kai Centre 30 Harbour Rd Wanchai Hong Kong Hong Kong

Country             : Hong Kong

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type  : Trader

Industry             : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI INDIA PVT LTD

Address             : Heritage House 6-E Ramabai Ambedkar Rd Pune 411001 Maharashtra India

Country              : India

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type   : Manufacturer

Industry              : Medical Equipment & Pharmaceutical

 

Company Name   : FRESENIUS KABI INDONESIA PT

Address               : 11Fl Ariobimo Centre 5 Jalan HR Rasuna Said X2 Kav 5 Jakarta 12950 Indonesia

Country                : Indonesia

Relationship         : Affiliate

Legal Form           : Private company with limited liability

Company Type     : Trader

Industry                : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI JAPAN OFFICE

Address             : 7F Oomori Station Box 2-1-2 Sannou Ota-ku Tokyo 1430023 Japan

Country              : Japan

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type   : Trader

Industry              : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI KOREA LTD

Address             : 12Fl Mirae Asset Venture Tower 996-1 Daechi-dong Kangnam-gu Seoul 135280 South Korea

Country              : South Korea

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type   : Manufacturer

Industry              : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI MALAYSIA SDN BHD

Address             : Unit 2.07, 2Fl Wisma Academy Lot 4A Jalan 19/1 Petaling Jaya 46300 Selangor Malaysia

Country             : Malaysia

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type  : Trader

Industry              : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI MEDICAL DEVICES CHINA

Address             : Unit 1507-08A East Ocean Center 24A Jian Guo Men Wai Dajie Beijing 100004 China

Country              : China

Relationship       : Affiliate

Legal Form        : Private company with limited liability

Company Type   : Trader

Industry              : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI PHILIPPINES INC

Address             : Unit D 16Fl Equitable PCI Bank Tower 8751 Paseo de Roxas Ayala-Paseo De Roxas Makati 1226 NCR Philippines

Country              : Philippines

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type   : Trader

Industry              : Medical Equipment & Pharmaceutical

 

Company Name  : FRESENIUS KABI TAIWAN LTD

Address              : 11Fl, 15 Jianguo North Rd Section 1 Chungshan Dist Taipei City 104 Taiwan

Country               : Taiwan

Relationship        : Affiliate

Legal Form          : Private company with limited liability

Company Type   : Trader

Industry               : Medical Equipment & Pharmaceutical

 

Company Name : FRESENIUS KABI VIETNAM REPRESENTATIVE OFFICE

Address             : 1Fl Capital Place Bldg 6 Thai Van Lung Ben Nghe Ward District 1 Ho Chi Minh Vietnam

Country              : Vietnam

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type  : Trader

Industry              : Medical Equipment & Pharmaceutical

 

Company Name : PHARMATEL FRESENIUS KABI PTY LTD

Address             : 6/6-18 Bridge St Hornsby Sydney 2077 NSW Australia

Country              : Australia

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type   : Trader

Industry              : Medical Equipment & Pharmaceutical

 

Company Name : SINO-SWED PHARMACEUTICAL CORP LTD

Address             : Unit 1801-1805 China Resources Bldg 8 Jian Guo Men Bei Dajie Beijing 100005 China

Country              : China

Relationship       : Affiliate

Legal Form         : Private company with limited liability

Company Type  : Trader

Industry              : Medical Equipment & Pharmaceutical

 

 

 

Rounded Rectangle: PAYMENTHISTORY 

 

 


PAYMENT RATING       :4                OBTAINED SCORES          : 47

 

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.

 

Dealings on open terms may be possible for SMALL amounts depending on individual judgement experience.

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


As a limited company there is no legal requirement according to local corporate law for public disclosure of detailed financials.

 

 

Rounded Rectangle: REMARKS 

 

 


SC is considered small-sized in its line with a development history of 6 years. A credit line up to USD 5,000 appears to be within SC’s capacities.

 

 

 

Attached: trade references

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY 

 

Activity             Code    Product/Service Description

Trading              2834     Pharmaceutical preparations

Trading              5047     Medical/Dental Equip/Supplies

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

 

Activity             Code                Product/Service Description

Trading              3000                 Pharmaceutical products

Trading              3003                 Medicaments of mixtures, not dosage etc form

Trading              3004                 Medicaments, mixed or not, in dosage etc form

Trading              9018                 Medical, surgical, dental or vet inst, no elec, part

Trading              9018908000       Other instruments and appliances used in medical, surgical, dental or veterinary

                                                sciences

Trading              9402                 Medical, surgical, dental or veterinary furn etc

 

INTERNATIONAL TRADE: ACTIVITY & MARKETS

 

Exporting to Asia

Exporting to Philippines

Exporting to Thailand

Importing from Europe

Importing from Germany

 


 

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.

 

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

 

 

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%)

 

 

 

 

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