MIRA INFORM REPORT
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Report Date : |
21.12.2011 |
IDENTIFICATION DETAILS
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Name : |
SILBERLINE ASIA PACIFIC INC. |
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Registered Office : |
34 Kian Teck Drive Singapore 628857 |
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Country : |
Singapore |
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Date of Incorporation : |
03.01.1998 |
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Com. Reg. No.: |
S98FC5465C |
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Legal Form : |
Foreign Company Registered In Singapore |
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Line of Business : |
Distribute of Silberline’s products |
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No. of Employees
: |
Not Available |
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 20,000 |
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Status : |
Small Company |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 Points
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Supplied Name: |
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Supplied
Address: |
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Fax Number: |
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Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
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Registered Name: |
Silberline Asia Pacific Inc. |
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Registered Address: |
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Date of
Registration:: |
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Registered
Number: |
S98FC |
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Country of
Incorporation: |
United States |
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Registered
Capital: |
USD 100,000 |
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Legal Form: |
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Principal
Activities: |
Distribute of Silberline’s products. |
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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: |
N/A |
Note:
The staff number is not available from subject or other sources.
History
Subject was incorporated on
Shareholders
The shareholder’s information is not available from the subject or other
sources.
Subsidiaries & Branches
Parent Company:
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Name: |
Silberline
Global Group |
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Address: |
130 Lincoln
Drive, P.O. Box B, Tamaqua, Pennsylvania 18252, USA |
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Tel: |
+1 570-668-6050 |
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Fax: |
+1 570-668-0197 |
Manage
Information
Detailed Information
of Management:
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1 |
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Name: |
LISA JANE
SCHELLER |
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Position: |
Director |
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ID Number: |
017273373 |
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Address: |
751 Benner Road,
Allentown, Pennsylvania 18104, USA |
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Nationality: |
American |
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Date of
Appointment: |
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2 |
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Name: |
LOWE JOO CHUNG |
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Position: |
Agent |
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ID Number: |
S |
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Address: |
30 Butterfly
Avenue Singapore 349865 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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3 |
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Name: |
FONG WENG CHEUN |
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Position: |
Agent |
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ID Number: |
S7048098J |
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Address: |
25 Choa |
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Nationality: |
Singapore
Citizen |
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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: |
Production
Information
l
Subject is a distributor of Silberline’s products.
Purchase
l
Subject’s products are supplied by Silberline
Sales
Information
l
Subject is a distributor and agent of Silberline’s products.
l
Silberline is a manufacture and supplier of high
quality special effect and performance pigments that
enhance the visual appeal of coatings, paints, inks, plastics and textiles.
l
Silberline serves customers and industries
including automotive, graphic arts and printing inks, plastic and industrial
coatings.
l
Subject introduced that the products’ selling
territory mainly covers Asia.
Settlements
Purchase
Subject declined
to disclose the purchase settlement information, and from other sources, we couldn’t
obtain the information, either.
Domestic Markets
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Sales Terms |
Proportion |
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CBD, etc |
100% |
Overseas Markets
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Product |
Sales Terms |
Proportion |
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Pigments |
T.T, L/C, etc. |
100% |
Financial
Figures
Subject declined to disclose the financial
information, and from other sources, we couldn’t obtain the information,
either.
Bankers
The bankers’ information is not available from the subject or other
sources.
Interview
Details
|
Name: |
Mr. John |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.03 |
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UK Pound |
1 |
Rs.82.34 |
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Euro |
1 |
Rs.68.99 |
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.