MIRA INFORM REPORT

 

 

Report Date :           

15.12.2011

 

IDENTIFICATION DETAILS

 

Name :

FOOD2PRINT ASIA PTE. LTD.

 

 

Registered Office :

7 Jalan Kilang, #05-01, Singapore 159407

 

 

Country :

Singapore 

 

 

Date of Incorporation :

08.12.2010

 

 

Com. Reg. No.:

201025949C

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Publishing of books, brochures, musical books and other publications

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

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:

Food2print Asia Pte. Ltd.

Supplied Name:

Food2print Asia Pte Ltd.

Supplied Address:

7 Jalan Kilang 4/F Singapore 159407

 

Note:

The exact registered name is as above.

 

 

Credit Summary

 

Credit Rating:

N/A

Credit Opinion:

Since the subject is a newly established company, the future development remains to be seen. At this stage credits require securities.

 

 

Special Note

 

According to the supplied name and address, we couldn’t obtain the contact methods of subject. And if you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, we shall be pleased to have the investigation resumed.

The registration files show that subject is engaged in publishing of books, brochures, musical books and other publications, 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

 

Registered Name:

Food2print Asia Pte. Ltd.

Registered Address:

7 Jalan Kilang, #05-01, Singapore 159407

Date of Registration::

2010-12-8

Registered Number:

201025949C

Country of Incorporation:

SINGAPORE

Registered Capital:

SGD100.00 (USD 76.5240)

(As of 2011.12, 1 SGD = 0.76524 USD)

Paid-up Capital:

SGD100.00 (USD 76.5240) = 100 Shares@1 SGD

Legal Form:

Private Limited Liability Company

Principal Activities:

58110 Publishing of books, brochures, musical books and other publications

58190 Other publishing activities

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No.

Date of Last Annual Return:

N/A

Note:

The staff number is not available from the subject or other sources.

 

 

History

 

Subject was incorporated on 2010-12-8 with registered number 201025949C as Private Limited Liability Company in Singapore.

 

 

Shareholders

 

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

KNIPP SIU BEE NEE SEAH

50

50%

PETER ALBERT EMIL SILVESTER KNIPP

50

50%

Total

100

100%

 

Major Shareholder Information:

1

Name:

KNIPP SIU BEE NEE SEAH

ID Number:

S1420687F

Address:

1 Springside Link Singapore 786580

Nationality:

Singapore Citizen

2

Name:

PETER ALBERT EMIL SILVESTER KNIPP

ID Number:

S2710366I

Address:

1 Springside Link Singapore 786580

Nationality:

Singapore P.R.

 

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:

CHAN LAI YIN

Position:

Secretary

ID Number:

S1296164B

Address:

349 Woodlands Avenue 3 #13-51 Singapore 730349

Nationality:

Singapore Citizen

Date of Appointment:

2010-12-8

2

Name:

KNIPP SIU BEE NEE SEAH

Position:

Director

ID Number:

S1420687F

Address:

1 Springside Link Singapore 786580

Nationality:

Singapore Citizen

Date of Appointment:

2010-12-8

3

Name:

PETER ALBERT EMIL SILVESTER KNIPP

Position:

Director

ID Number:

S2710366I

Address:

1 Springside Link Singapore 786580

Nationality:

Singapore P.R.

Date of Appointment:

2010-12-8

 

 

Operation Information

 

Offices & Factories

 

Office

Address:

7 Jalan Kilang, #05-01, Singapore 159407

 

Operation Information

We contacted the subject unsuccessfully.

We obtained the registered activities of the subject as follows for reference.

 

Business Code

Details

58110

Publishing of books, brochures, musical books and other publications

58190

Other publishing activities

 

 

 

 

Settlements

 

We couldn’t contact the subject successfully, and the settlement information is not available from the subject or other sources.

 

 

Financial Information

 

The financial information is not available from the subject or other sources.

 

 

Bankers

 

The bankers’ information is not available from the subject or other sources.

 

Auditors

 

Name:

SK LAI LLP

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.53.58

UK Pound

1

Rs.82.97

Euro

1

Rs.69.89

 

 

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.