MIRA
INFORM REPORT
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Report Date : |
28.09.2007 |
IDENTIFICATION DETAILS
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Name : |
FOB LOGISTICS LTD |
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Registered Office : |
Rm 1106-1110 Cheung Sha Wan Plaza - Tower 2, 833 Cheung
Sha Wan Rd, Lai Chi Kok Kowloon |
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Country : |
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Date of Incorporation : |
April 28, 2005 |
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Com. Reg. No.: |
0967129 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Engaged in providing logistics 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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Maximum Credit Limit : |
Up To USD 5,000 |
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Status : |
Small Company |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
name &
address
FOB LOGISTICS LTD
RM 1106-1110 CHEUNG SHA WAN PLAZA - TOWER 2,
833 CHEUNG SHA WAN RD, LAI CHI KOK
TEL : 852- 27434868
FAX : N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
APRIL 28, 2005
REGISTRATION NO. :
0967129
LEGAL FORM :
PRIVATE LIMITED COMPANY
CHIEF EXECUTIVE :
MR. HON-FONG FONG (CHAIRMAN)
STAFF STRENGTH :
10
CAPITAL :
US$ 1,284
BUSINESS LINE :
SERVICE
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
FAIR
RECOMM.
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.75932 = US$1 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
Note: Instead of the given address, SC is operating in the above stated
address.
*Company Registration*
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(1)
License number : 0967129
Date issued : 28 April,
2005
Issuing authority : Companies
Registry
Legal form : Limited
Company
Type of license : Corporate
(2)
License number : 35601138
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license : Business
*Office & Facilities*
================
Other e-mail address : webmaster@fobhk.com
*Registrar*
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PRUDENTIAL SERVICES LTD
*Capital Details*
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Authorized capital : HKD 10,000.00 divided into 10,000 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. Hon-fong Fong can sign on behalf of the company with seal
affixed.
Web site: www.fobhk.com the design
is professional and the content is well organized. At present it is in English
version.
E-mail: logistics@fobhk.com
For the past two years there is no record of litigation.
*Major Shareholders*
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Total number of shareholder
: 1
Total number of ordinary shares : 10,000
Shareholder's Name
No. of Ordinary Shares Amount
of Shares (HKD) % of Shares
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Hon-fong Fong 10,000 10,000.00 100.00
Share transfers :
Date No. of
Ordinary Share Transferor(s) Transferee(s)
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9 May, 2005
1 SMART
SECRETARIAL LTD Hon-fong Fong
*Company Secretary*
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PRUDENTIAL SERVICES LTD
Address : Units B & C
9Fl , 88 Commercial Bldg
Email address : hkpros88@hotmail.com
CR no. : 62332
Management: Mr. Richard Ho,
Representative
Ms. Amanda Lim, Representative
Name Nationality
Job Description
Mr. Richard Ho
Ms. Amanda Lim
*Key Personnel*
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(1)
Hon-fong Fong
National ID no. :
G507707(8)
Address : Rm
1907 Sun Chun House Sun Chui Estate Shatin New Territories
Responsibility :
Handles the overall management of the firm.
(2)
Amanda Lim
Email address : amandalim@fobhk.com
*Main Products & Services*
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Engaged in providing logistics services.
Products: Logistics
*Strategic Partners & Alliances*
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Group name : FOB GROUP
PAYMENT RATING : 4 OBTAINED SCORES : 48
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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 limited company there is no legal requirement according to local
corporate law for public disclosure of detailed financials.
*Bank Details*
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Bank name : CITIBANK NA
Branch : 9Fl Two
Harbourfront 22 Tak Fung St Hunghom Kowloon
Swiftcode : CITIHKHX
SC is considered small-sized in its line with a short history. Credit
dealings with SC should be confined into USD 5,000 at present.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 4731 Arrange
Trans Freight/Cargo
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 9852 Freight
transportation arrangement, customs brokerage
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%)