MIRA INFORM REPORT

 

 

Report Date :           

18.08.2011

 

IDENTIFICATION DETAILS

 

Name :

LYONDELL SOUTH ASIA PTE LTD

 

 

Registered Office :

78 Shenton Way #25-01 Singapore 079120

 

 

Country :

Singapore

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

26.02.2000

 

 

Com. Reg. No.:

200001565w

 

 

Legal Form :

Limited Private Company

 

 

Line of Business :

Wholesale of chemicals and chemical products

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

S$1,000,000

Status :

Satisfactory

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

 

 Bottom of Form

Executive Summary

 

Company Name

:

LYONDELL SOUTH ASIA PTE LTD

Registration No

:

200001565W

Date of Registration

:

26/02/2000

Former Name

:

NA

Date of Change of Name

:

NA

Type of Company

:

LIMITED PRIVATE COMPANY

Registered Address

:

78 SHENTON WAY #25-01 SINGAPORE 079120

Date of Change of Address

:

15/04/2011

Contact No.

:

6880 2345

Fax No.

:

6880 2377

Website

:

www.lyondell.com

Registered Activities

:

WHOLESALE OF CHEMICALS AND CHEMICAL PRODUCTS NEC

TRADING OF CHEMICAL PRODUCTS

Issued Ordinary Capital*

:

$300,000.00 SINGAPORE, DOLLARS ,NO. OF SHARE : 300,000

Issued Preference Capital

:

NA

Paid-Up Ordinary Capital

:

$300,000.00 SINGAPORE, DOLLARS

Paid-Up Preference Capital

:

NA

* Number of Shares includes number of Issued Treasury Shares

Issued Treasury Capital

:

NA

Paid-Up Treasury Capital

:

NA

No. of Local Subsidiaries

:

NA

No. of Local Associates

:

NA

Auditor

:

PRICEWATERHOUSECOOPERS LLP

Bankers / Financiers

:

NA

Turnover

:

SINGAPORE, DOLLARS 190,479,294.46 (FY2010)

Net Worth

:

SINGAPORE, DOLLARS 12,740,156.54 (FY2010)

No. of Bank Charges

:

NA

No. of Litigation Suits

:

NA

S1000 / SME 500 / FG50 Ranking

:

1323 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2009/2010)

781 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2007/2008)

514 POSITION IN Singapore 1000 Companies Ranked by Return on Equities (2006/2007)

585 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2006/2007)

616 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2005/2006)

Compounded Annual Growth Rate (CAGR)

:

NA

 

 

Credit Recommendation

 

Recommended Credit Line

:

S$1,000,000

 

 

SHAREHOLDER DETAILS

 

NAME

:

BASELL INTERNATIONAL HOLDINGS B.V.

SHAREHOLDER ID

:

T07UF4136F

NATIONALITY

:

NETHERLANDS

ADDRESS

:

WEENA 737, 3013AM ROTTERDAM, THE NETHERLANDS

NO. OF ORD SHARES

:

300,000

% OF SHAREHOLDING

:

100%

CURRENCY

:

SINGAPORE, DOLLARS

 

 

OFFICER DETAILS

 

NAME

:

GEOFFREY LLOYD WILLIAMS

ADDRESS

:

SUITE 2917, SUTTON COURT,GATEWAY APARTMENTS, HARBOUR CITY, KOWLOON, HONG KONG.

POSITION

:

DIRECTOR

DATE OF APPT

:

03/01/2009

NATIONALITY

:

BRITISH

I/C PASSPORT

:

761225401

 

NAME

:

SIO TAT LONG

ADDRESS

:

110 HOLLAND ROAD #04-03 SINGAPORE 278553

POSITION

:

DIRECTOR

DATE OF APPT

:

18/03/2008

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S0038448H

 

NAME

:

ADRIAN CHAN PENGEE

ADDRESS

:

700 LORONG 1 TOA PAYOH #08-02 TRELLIS TOWERS SINGAPORE 319773

POSITION

:

SECRETARY

DATE OF APPT

:

01/04/2000

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1658599H

 

NAME

:

LUN CHEE LEONG

ADDRESS

:

60 LORONG 4 TOA PAYOH #23-117 SINGAPORE 310060

POSITION

:

SECRETARY

DATE OF APPT

:

30/09/2004

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S7003795E

 

 

KEY PERSONNEL PROFILE

 

Name:

SIO TAT LONG

NRIC Number:

S0038448H

Available Address:

110 HOLLAND ROAD #04-03  SINGAPORE 278553

 

 

Current Business Interest

 

No.

Name

Position

Appt Date

#of Share

%

1

LYONDELL SOUTH ASIA PTE LTD

DIRECTOR

18/03/2008

-

-

2

SYSTEM POWER ENGINEERING ENT. DEVELOPMENT PTE LTD

SHAREHOLDER

-

100000

14.28

 

Previous Business

No.

Name

 

 

Status

Position

Appt Date

Last Known Inactive Date

No Trace

 

 

 

 

 

 

Bankruptcy Record

Case No.

Year

Date of Filing

Petitioner Name

Amount

No Trace

 

 

 

 

 

Litigation Search – Writ of Summons

Court

Case No.

Year

Date of Filing

Amount

Cause Category

No Trace

 

 

 

 

 

SUBSIDIARIES AND ASSOCIATE COMPANIES

 

Company

Shareholdings (%)

NA

 

                                                                                                                       

 

BANKERS/ FINANCIERS

 

Subject enjoys a normal banking routine with its bankers. To date, there are no bank charges registered against Subject by its bankers.

 

             

LITIGATION

 

Clear

 

 

COMPLIANCE

 

Date of Last AGM

:

30/06/2011

Date of Last AR

:

13/07/2011

Date of A/C Laid At Last AGM

:

31/12/2010