MIRA INFORM REPORT

 

 

Report Date :

05.11.2007

 

IDENTIFICATION DETAILS

 

Name :

GRAND DIGNITY INDUSTRIAL CO., LTD

 

 

Registered Office :

10fl, 356 Fu Hsing North Rd Chungshan Dist Taipei City 104,

 

 

Country :

Taiwan

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

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


 

name and address                         

 

GRAND DIGNITY INDUSTRIAL CO LTD

10FL, 356 FU HSING NORTH RD

CHUNGSHAN DIST TAIPEI CITY 104, TAIWAN

TEL: 886-2-25068570    FAX: 886-2-25060547

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : N/A

REGISTRATION NO.                  : UNKNOWN

LEGAL FORM                           : UNKNOWN

CHIEF EXECUTIVE                    : MS. DEBBY CHIU-PING HUNG (EXECUTIVE)

STAFF STRENGTH                    : N/A

CAPITAL                                   : N/A

BUSINESS LINE                        : N/A

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

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

PAYMENT                                : NR

RECOMM. CREDIT RANGE       : NO RECOMMENDATION

MARKET CONDITION                : N/A

FINANCIAL CONDITION             : N/A

OPERATIONAL TREND  : N/A

GENERAL REPUTATION           : N/A

EXCHANGE RATE                     : TWD32.47500 = US$1

 

 

Adopted abbreviations:

ANS - amount not stated           

NS - not stated 

SC - subject company (the company inquired by you)

NA - not available          

M - million        

TWD –Taiwan New Dollars

 

Rounded Rectangle: HISTORY 

 

 

 


*Company Registration*

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

The Taiwan Registrar of Companies was checked and there is no company registered with this name.

 

Due to field investigations held at the premises listed above, the following facts were revealed by the person interviewed at this address:

  -  They recognized the name "GRAND DIGNITY INDUSTRIAL CO LTD"

  -  They reconfirmed that this business entity is NOT registered in Taiwan

  -  They confirmed that the company was an overseas registered company, registered in British Virgin Islands 

 

*Office & Facilities*

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

Size                              : 97.63 sq. meters

Location                        : Central Business District (CBD)

Property status              : Rented

Type of building : Commercial Building

Comments                    : Owned by the company, TUN WA INDUSTRIAL CO LTD

                                       Premises is shares with the following affiliate companies:

                                    - GINDA INDUSTRIES LTD - TAIWAN BRANCH (HONG KONG)

                                    - UNIEXCEL LTD

 

Previous Contact Details

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

Address: 10, 354-1 Fu Hsing North Rd Chungshan Dist Taipei City 

 

Rounded Rectangle: WEB SITE 

 

 

 


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

 

E-mail: debby.huang@uniexcelgroup.com.tw

 

 

Rounded Rectangle: LITIGATION 

 

 


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

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


SC’s shareholders and shareholding details are not available at present.

 

 

Rounded Rectangle: MANAGEMENT 

 

 


Management : Ms. Debby Chiu-ping Hung, Executive

 

Name                                        Nationality         Job Description              Dept. / Division

Ms. Debby Chiu-ping Hung         Taiwanese         Executive                      Sales

 

*Key Personnel*

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

Ms. Debby Chiu-ping Hung

Email  : debby.huang@uniexcelgroup.com.tw

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Main Products & Services*

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

Not applicable, because this company license is NOT being used for the actual business transactions. 

 

*International Trade Activity*

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

Not applicable, since the company is not licensed to operate in Taiwan. 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


*(Subsidiaries, Joint-ventures & Affiliates) 

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

Company Name: GINDA INDUSTRIES LTD - TAIWAN BRANCH (HONG KONG)

Address            : 10Fl, 356-1 Fu Hsing North Rd Chungshan Dist Taipei City 104 Taiwan

Country             : Taiwan

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type : Trader

Industry             : Computer & Information Products

 

Company Name: TUN WA INDUSTRIAL CO LTD

Address            : 10Fl, 356 Fu Hsing North Rd Chungshan Dist Taipei City 104 Taiwan

Country             : Taiwan

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type  : Trader

Industry             : Computer & Information Products

 

Company Name : UNIEXCEL LTD

Address            : 10Fl, 356 Fu Hsing North Rd Chungshan Dist Taipei City 104 Taiwan

Country             : Taiwan

Relationship      : Affiliate

Legal Form        : Private company with limited liability

Company Type : Trader

Industry             : Computer & Information Products

 

 

Rounded Rectangle: PAYMENT HISTORY 

 

 


PAYMENT RATING       : NR                OBTAINED SCORES       : No Date

 

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’s financial highlights details are not available at present.

 

 

Rounded Rectangle: REMARKS 

 

 


Information on hand would not seem to warrant any credit consideration.

 

 

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