MIRA
INFORM REPORT
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Report Date : |
19.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
EGO HOLDING CORP. |
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Registered Office : |
Calle 14C Edificio 20 Local 5, Zona Libre de Colón |
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Country : |
Panama |
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Date of Incorporation : |
13.03.2006 |
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Legal Form : |
Corporation |
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Line of Business : |
Selling Items of Clothing. |
RATING &
COMMENTS
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MIRA’s 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 : |
No Complaints |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY NAME : EGO HOLDING CORP.
TAXPAYER REGISTRATION : RUC 920819-1-519311 OPERATING STATUS: Active
MAIN ADDRESS : Calle 14C Edificio
20 Local 5
CITY/PROVINCE/STATE : Zona Libre de
Colón
COUNTRY : PANAMA
COMMENTS .-
Despite lots of steps were taken towards, IT
WAS NOT POSSIBLE TO FIND SUBJECT'S
PHYSICAL PREMISES.
It was difficult to conduct this
investigation because the address appearing in your
order is NOT EXACT.
Besides, no phone numbers were given to
contact this Company.
We searched thoroughly and only in the
Public Registry of Panama we got incorporation
of EGO HOLDING CORP. Once we knew the names
of its members, we got the phone
390.0706 that belongs to José Martín Moreno
Pujol(Director/ Registered Agent), who
mentioned Subject is engaged in the sale of
item of clothing and commented it changed
its domicile but no more details were given
because of their confidential nature. Mr.
Moreno agreed to contact his client
(Subject) but further attempts to contact
him
again were useless since he has not replied
to our request.
SUMMARY
Incorporation : 2006 Operating Status : Active
Finantial Situation : UNDETERMINED
Payments : Without rating (No payment experience
traced)
Business Trend : Undetermined
QUALIFICATION
PAYMENTS : Without rating (No payment experience traced)
LEGAL BACKGROUNDS
LEGAL STATUS : Corporation
DATE OF INCORPORATION : 13MAR2006
REGISTERED IN : Panama
NOTARY OFFICE : 3
DURATION : Perpetual
REGISTRATION : Card 519311/Notarial Act 2725
LISTED AT STOCK EXCHANGE : No
CURRENT EXCHANGE RATE : B/.1 per USD1
COMMENTS .-
According to the Subject's Bylaws, authorized capital shall be
represented by 500 common shares, registered or to the bearer without nominal
value.
HISTORY
Malkit Singh Kaur and José Martín Moreno Pujol signed the Articles of
Incorporation.
DIRECTORS / EXECUTIVES /
SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE
MAZRIB, CHARLY President
COHEN, HAGAY Treasurer/Secretary/Direc
MORENO PUJOL, JOSE MARTIN Director/Registered
Agent
WHO IS WHO ?
MORENO PUJOL, JOSE MARTIN
TELEPHONE : 3900706
E - MAIL : morenopujol@hotmail.com
BUSINESS
MAIN ACTIVITY .-
According to the Registered Agent, Subject is dedicated to selling items
of clothing.
FACILITIES .-
Remarks and other Premises .-
Domicile of current physical is unknown.
FINANCIAL INFORMATION
We could contact nobody because of the above explained reasons.
The information this report contains was
gathered from external sources. José Martín
Moreno Pujol, Registered Agent of the
Company, merely gave brief information.
Attempts to get the financial statements
were vain.
It is worth mentioning that in Panama you
could only get financial information from
public companies. Contrarily, private
companies are not required to publish its
financials, being able to do it voluntarily.
FINANCIAL SITUATION : UNDETERMINED
Financial situation is indeterminate since
no accounting elements were available to
assess Subject's current results. We were
not able to find either trade references
describing Subject payment performance.
PAYMENTS RECORD
TRADE REFERENCES .-
COMMENTS .-
Subject's suppliers are unknown.
BANKING INFORMATION
BANKERS
No information was found in databases.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.08 |
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UK Pound |
1 |
Rs.71.17 |
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Euro |
1 |
Rs.66.98 |
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 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%)