MIRA
INFORM REPORT
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Report Date : |
17.08.2011 |
IDENTIFICATION DETAILS
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Name : |
HUNDRED SMILES PTE. LTD. |
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Registered Office : |
100 Haig Road #07-01 Dunman View Singapore 438797 |
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Country : |
Singapore |
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Date of Incorporation : |
07.09.2006 |
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Com. Reg. No.: |
200613126M |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
General wholesale trade (including general importers and exporters. |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 10,000 |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Singapore |
A1 |
A1 |
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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 point
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Company Name: |
Hundred Smiles
Pte. Ltd. |
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Supplied Name: |
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No. 100 Hang Rd # 07 01 Dunman View Tower 2 Singapore 438797,
Singapore |
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Supplied
Address: |
No. 100 Hang Rd # 07 01 Dunman View Tower 2 Singapore 438797, SG |
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Special Note
According to the supplied name and address, we obtain the
telephone number of subject (+65- 6844-4615), and a madam of the subject confirmed
the name and the address of subject, but she declined to disclose other detail
information about subject unless we can disclose the name of our customer.
The registration
files show that subject is engaged in wholesaling on a fee or contract basis
(eg commission agents), since we did not get in touch with subject, we can not
confirm the information.
We found subject’s
registration information as follows for reference.
Company Identification Details
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Registered Name: |
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Registered
Address: |
100 Haig Road #07-01 Dunman View Singapore 438797, Singapore |
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Date of
Registration:: |
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Registered
Number: |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 3.00 (USD
2.48756) USD250,000.00 (As of 2011.08,
1 SGD = 0.82919 USD) |
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Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
46900 General
wholesale trade (including general importers and exporters. 46100 Wholesale on
a fee or contract basis (eg commission agents) |
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N/A |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No. |
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Date of Last
Annual Return: |
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The staff number
is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
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Subscription
Amount |
Proportion of
Investment (%) |
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TIN MAUNG SOE |
2 |
66.66% |
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PYONE PYONE AUNG |
1 |
33.33% |
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Total |
3 |
-- |
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Unit:
USD |
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TIN MAUNG SOE |
200,000 |
80% |
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PYONE PYONE AUNG |
50,000 |
20% |
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Total |
250,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
TIN MAUNG SOE |
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ID Number: |
S2759716E |
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Address: |
100 Haig Road #07-01 Dunman View Singapore 438797 |
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2 |
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Name: |
PYONE PYONE AUNG |
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ID Number: |
S6966928Z |
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Address: |
100 Haig Road #07-01 Dunman View Singapore 438797 |
Subsidiaries & Branches
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Manage Information
Detailed
Information of Management:
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1 |
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Name: |
TIN MAUNG SOE |
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Position: |
Director |
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ID Number: |
S2759716E |
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Address: |
100 Haig Road #07-01 Dunman View Singapore 438797 |
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Nationality: |
Singapore P.R. |
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Date of Appointment: |
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2 |
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Name: |
PYONE PYONE AUNG |
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Position: |
Director |
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ID Number: |
S6966928Z |
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Address: |
100 Haig Road #07-01 Dunman View Singapore 438797 |
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Nationality: |
Singapore P.R. |
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Date of Appointment: |
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3 |
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Name: |
PYONE PYONE AUNG |
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Position: |
Secretary |
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ID Number: |
S6966928Z |
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Address: |
100 Haig Road #07-01 Dunman View Singapore 438797 |
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Nationality: |
Singapore P.R. |
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Date of Appointment: |
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Operation Information
Offices
& Factories
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Office |
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Address: |
100 Haig Road #07-01 Dunman View Singapore 438797, Singapore |
Operation
Information
We contacted the subject unsuccessfully.
We obtained the registered activities of the subject as follows for
reference.
|
Business Code |
Details |
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46900 |
General wholesale
trade (including general importers and exporters. |
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46100 |
Wholesale on a
fee or contract basis (eg commission agents) |
Settlements
We couldn’t contact the subject successfully, and the settlement information
is not available from the subject or other sources.
Financial
Information
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Singapore and the only source
from which we can obtain the information is the subject itself.
And subject’s staff declined to disclose any financial information of
subject.
Bankers
The bankers’
information is not available from the subject or other sources.
Auditors
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Name: |
K. A. SEAH &
CO |
Public
Charges
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Charge Number: |
C201107844 |
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Date of
Registration: |
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Name: |
DBS BANK LTD. |
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Amount Secured: |
All Monies |
Interview Details
Note:
A madam of subject declined to disclose her name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.45.24 |
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|
1 |
Rs.73.88 |
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Euro |
1 |
Rs.65.06. |
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.