MIRA INFORM REPORT

 

 

Report Date :           

04.08.2011

 

IDENTIFICATION DETAILS

 

Name :

EOP21 PTE. LTD.

 

 

Formerly Known As :

Electpho Office Products Pte Ltd

 

 

Registered Office :

362 Upper Paya Lebar Road #03-01 Da Jin Factory Building Singapore 534963

 

 

Country :

Singapore

 

 

Date of Incorporation :

01.10.1985

 

 

Com. Reg. No.:

198502076D

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Packaging Activities

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 20,000

 

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Singapore

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D


Contact Points

 

Company Name:

Eop21 Pte. Ltd.

Supplied Name:

EOP21 Pte Ltd.

Trading Address:

362, Upper Paya Lebar Road, #03-03 Da Jin Factory Building Singapore 534963

Supplied Address:

362, Upper Paya Lebar Road, #03-03 Da Jin Factory Building Singapore 534963

Telephone Number:

+65-6-2868600

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 20,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

Eop21 Pte. Ltd.

Registered Address:

362 Upper Paya Lebar Road #03-01 Da Jin Factory Building Singapore 534963

Date of Registration::

1985-10-1

Registered Number:

198502076D

Country of Incorporation:

Singapore

Registered Capital:

SGD 800,000 (USD 664,240)

(As of 2011.08, 1 SGD = 0.8303 USD)

Paid-up Capital:

SGD 800,000 (USD 664,240) = 800,000 Shares@1 SGD

Legal Form:

Private Limited Liability Company

Principal Activities:

Packaging Activities

Staff:

More than 5 Employees

Status:

Live Company

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-6-9

 

History

 

Subject was incorporated on 1985-10-1 with registered number 198502076D as Private Limited Liability Company in Singapore.

 

Change of Name:

Date

Change

1985-10-1

Electpho Office Products Pte Ltd

2008-4-23

Eop21 Pte. Ltd.

 

 

Shareholders

 

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

Lee Khee Fatt

720,000

90%

 

80,000

10%

Total

800,000

100%

 

Major Shareholder Information:

1

Name:

Lee Khee Fatt

Value:

SGD 720,000

ID Number:

S0147366B

Address:

2C Glasgow Road Glasgow Green Singapore 549368

Nationality:

Singapore Citizen

2

Name:

Wu Lih Tyng

Value:

SGD 80,000

ID Number:

S0191171F

Address:

2C Glasgow Road Glasgow Green Singapore 549368

Nationality:

Singapore Citizen

 

Subsidiaries & Branches

 

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

 

Manage Information

 

Core Management

Detailed Information of Management:

1

Name:

Lee Khee Fatt

Position:

Director

ID Number:

S0147366B

Address:

2C Glasgow Road Glasgow Green Singapore 549368

Nationality:

Singapore Citizen

Date of Appointment:

1985-10-1

2

Name:

Wu Lih Tyng

Position:

Director

ID Number:

S0191171F

Address:

2C Glasgow Road Glasgow Green Singapore 549368

Nationality:

Singapore Citizen

Date of Appointment:

2006-9-30

3

Name:

Ricky Lee Yoong Wah (Li Ronghua)

Position:

Secretary

ID Number:

S7429802H

Address:

28 Flower Road Singapore 549426

Nationality:

Singapore Citizen

Date of Appointment:

2006-6-15

 


Personnel Structure

Total Employees

More than 5 Employees

 

 

Operation Information

 

Offices & Factories

 

Office

Address:

362, Upper Paya Lebar Road, #03-03 Da Jin Factory Building Singapore 534963

 

Purchase

l         The subject purchases raw materials for packaging.

l         The subject purchases from domestic and foreign countries.

 

Sales Information

l         The subject is engaged in sales of packaging services.

l         The subject sells around the world.

 

 

Settlements

 

Purchase

Domestic Markets

Products

Payment Terms

Proportion

Raw materials

COD, etc

100%

Overseas Markets

The subject seldom imports.

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Packaging services

CBD, etc

100%

 

Overseas Markets

Product

Sales Terms

Proportion

Packaging services

CBD, etc

100%

 

 

Financial Figures

 

Year

Sales

2010

About USD 2,000,000

Notes: The information is from introduction.

 

 

Bankers

 

Open Account Bank

Name:

DBS Bank

 

 

Auditors

 

Name:

M S Ong & Associates

 

 

Interview Details

 

Name:

Wu Lih Tyng

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.38

UK Pound

1

Rs.72.21

Euro

1

Rs.62.87

 

 

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

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

----

NB

New Business

----

 

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%)

 

 

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.