MIRA
INFORM REPORT
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Report Date : |
17.09.2007 |
IDENTIFICATION DETAILS
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Name : |
NAM YU INT'L CO LTD |
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Registered Office : |
RM 1706-7, 17FL |
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Country : |
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Date of Incorporation : |
28.03.2001 |
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Com. Reg. No.: |
0751942 |
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Legal Form : |
Private Limited |
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Line of Business : |
Engaged in providing cargo and transportation services |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
NAM YU INT'L CO LTD
RM 1706-7, 17FL
TSIMSHATSUI
TEL: [+852] 23981826
FAX: [+852] 27890488
EXECUTIVE SUMMARY
INCORPORATION DATE :
MARCH 28, 2001
REGISTRATION NO. :
0751942
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. FENG-SHIH CHO (COMPANY DIRECTOR)
STAFF STRENGTH :
10
CAPITAL :
US$ 127,877
BUSINESS LINE :
SERVICE
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM.
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.78779 = USD1 AS OF
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
*Company Registration*
==================
License number : 0751942
Date issued
: 28 March, 2001
Issuing authority : Companies Registry
Type of license : Corporate
License number : 31702742-000
Date issued
: N/A
Issuing authority : Business Registration Office -
Inland Revenue Dept
Type of license : Business
*Capital Details*
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Authorized capital :
HKD 1,000,000.00 divided into 1,000,000 ordinary shares at HKD 1.00/-each,
fully paid
*Reputation*
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Reference checking for the purpose of establishing the
firm's reputation within the respective industry failed to reveal any negative
information.
*Approved Signatures*
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Only Mr. Shan-shan Sze can sign on behalf of the company
with seal affixed.
SC is not known to host website of its own at present.
Email : shirey@namyu.com
For the past 6 years there is no
record of litigation.
*Major Shareholders*
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Total number of shareholders :
2
Total number of ordinary shares : 1,000,000
Shareholders' Name No. of Shares Amount of Shares (HKD) % of Shares
-------------------------- ------------------ ---------------------------------- ----------------
Mr. Man-shuen Chan 800,000 800,000.00 80
Mr. Shan-shan Sze 200,000 200,000.00 20
Share Transfer
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Date of Tranfer Transferor Transferee No.of Shares
-------------------- -------------- -------------- ------------------
15 December, 2006
Kan-yu Chong Man-shuen
Chan 600,000
Shan-shan Sze Man-shuen Chan 200,000
*Directors' Details*
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Mr. Man-shuen Chan
HKID number : P240022(0)
Address
: Rm 1706-7, 17Fl
Mr. Feng-shih Cho
Passport number :
M14448987
Address
: Rm 1706-7, 17Fl
Mr. Sheng-chieh Cho
AKA
: Spencer Cho
Passport number :
132888350
Address
: Rm 1706-7, 17Fl
Mr. Yung-ting Cho
Passport number :
131346921
Address
: Rm 1706-7, 17Fl
Mr. Shan-shan Sze
HKID number : Y064549(2)
Address
: Rm 1706-7, 17Fl
Management : Mr. Kan-yu Chong, Secretary
Name
Nationality Job
Description
Mr. Kan-yu Chong
*Key Personnel*
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Mr. Kan-yu Chong
HKID number :
K483102(0)
Address : Rm 1706-7, 17Fl
*Main Products & Services*
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Engaged in providing cargo and transportation services.
Products : Cargo handling
Transportation
SC is not known to have any subsidiary at
present.
PAYMENT RATING : 3 OBTAINED SCORES : 50
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Rating Key |
Implication |
Implications |
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1 |
Scores 85100 |
Excellent |
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2 |
Scores 75 84 |
Above Average |
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3 |
Scores 50 74 |
Average |
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4 |
Scores 35 49 |
Fair |
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5 |
Scores 15 34 |
Below Average |
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6 |
Scores 01 14 |
Poor |
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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.
As a private limited company there is no legal requirement
according to local corporate law for public disclosure of detailed financials.
SC is considered small-sized in its line with a development
history of 6 years. Credit dealings with SC in small amount appear acceptable.
Attached: trade references
SIC
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Service 4491
Marine Cargo Handling
Service 4731
Arrange Trans
Freight/Cargo
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Service 9845
Marine cargo handling
Service 9852
Freight transportation
arrangement, customs brokerage
Service 9900
Business services, health,
financial/insure. Legal/real estate, hotels, and misc
repairs
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. |
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 SCs 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%)