MIRA INFORM REPORT
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Report Date : |
29.04.2011 |
IDENTIFICATION DETAILS
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Name : |
TRAWAY INTERNATIONAL LTD. |
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Registered Office : |
No. 17, Lane 245, Chuang Ching Road, Chi An Shiang, Hualien County |
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Country : |
Taiwan |
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Date of Incorporation : |
---- |
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Com. Reg. No.: |
---- |
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Legal Form : |
---- |
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Line of Business : |
wholesales of stainless steel materials |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Poor |
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Payment
Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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Taiwan |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Contact Points
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Company Name: |
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Supplied Name: |
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Trading Address: |
No. 17, Lane 245,
Chuang Ching Road, Chi An Shiang, Hualien County, Taiwan |
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Supplied Address: |
No. 17, Lane 245,
Chuang Ching Road, Chi An Shiang, Hualien County, Taiwan |
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Telephone Number: |
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Fax Number: |
Notes: Subject’s name and address are as above.
Credit Summary
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Credit Opinion: |
In view of the absence of information about subject’s registration, caution
should be exercised. |
Special Notes
We tried to contact
subject through the supplied number +886-3-8571779, the relevant staff
confirmed subject’s name and address, and general information of subject, and she
stated that subject’s sales principal Ms. Chan is away on business, and she is
only one who can introduce more operation details to us, the staff left us Ms.
Chan’s phone number (+84-9-09942666) in Vietnam, we have tried this number for
several times, the line is always busy.
Up to the date of
reporting, we failed to get in touch with subject, we will keep trying and
update the report as soon as possible if anything new returned.
Company Identification Details
We did not find any registration information
of subject from local registry according to the supplied name or address, if
you kindly supply further information such as registered number; we’d like to
continue the investigation
History
Subject’s history is not
available from subject or other source.
Shareholders
Information on shareholders is not available
from subject or other source.
Personnel Information
Core Management
The management
information is not available from subject or other source.
Operation Information
Offices & Factories
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Headquarters
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Add |
No. 17, Lane 245,
Chuang Ching Road, Chi An Shiang, Hualien County, Taiwan |
Subject’s relevant staff
introduced that subject is engaged in wholesales of stainless steel materials
and its products are mainly purchased from Japan, the mainland of China and
Taiwan.
Its products are
mainly sold in overseas market.
No more details
were obtained.
Settlements
The settlement
information is not available from subject or other source.
Financial Information
Subject has no
obligations to disclose its financial statements to the third party according to
the relevant policy in Taiwan and the only source from which we can obtain the
information is the subject itself.
Subject’s relevant
staff declined to disclose its financials; from other source we can not obtain
the relevant information, either.
Bankers
Subject’s staff did
not introduce its bank details; from other source we can not obtain the
relevant information, either.
Public Record
Mortgage
No chattel mortgage
record of subject has been found.
Lawsuit
Up to date of reporting, no existing or latent
litigation of the subject has been found.
Interview Details
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Name: |
N/A |
Notes: Subject’s relevant staff declined to disclose
her name.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.33 |
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UK Pound |
1 |
Rs.74.14 |
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Euro |
1 |
Rs.65.78 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.