MIRA INFORM REPORT

 

 

Report Date :

21.09.2007

 

IDENTIFICATION DETAILS

 

Name :

DEMETEX INC

 

 

Registered Office :

Level 14 & 15, Block 4 Office Tower, Financial Park Labuan Jalan Merdeka, 87000

 

 

Country :

Labuan

 

 

Date of Incorporation :

19.07.2001

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Traders of General Commodities.

 

 

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 :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

--

 

 

Comments :

Subject company is registered in an offshore territory.  No information is available from the indirect sources.  We tried to contact the management but no responsible person could be made available.

 

 

LOCATIONS

 

Registered Office :

Level 14 & 15, Block 4 Office Tower, Financial Park Labuan Jalan Merdeka, 87000

Tel. No.:

00 6087451806

Fax No.:

00 6087451808 / 00 62217262112

E-Mail :

abn_cv@sby.dnet.net.id

Area :

Small [Leased]

 

 

DIRECTORS

 

Name :

Ms. Vinna

Designation :

Director

 

 

BUSINESS DETAILS

 

Line of Business :

Traders of General Commodities.

 

 

Imports :

 

Countries :

India, China, Far East, etc.

 

 

Terms :

 

Selling :

L/C and Cash

 

 

Purchasing :

L/C and Cash

 

 

GENERAL INFORMATION

 

Customers :

Wholesalers and Retailers

 

 

No. of Employees :

2

 

 

Bankers :

Bank China Trust Indonesia

Surabaya Branch, Wisma Dharmaca, 6th Floor, Jl Panguma Surbiraman 101,

103 Surabaya, Indonesia

 

 

 

Banking Relations :

-

 

 

FINANCIAL DATA

 

Particulars

 

 

 

31.03.2007

Sales Turnover

 

 

Not Available

 


 

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

 

 

 

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