MIRA INFORM REPORT
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Report Date : |
29.12.2011 |
IDENTIFICATION DETAILS
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Name : |
CELLMAX MARKETING INTERNATIONAL PTE. LTD. |
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Formerly Known As : |
Cellmax Marketing (Singapore) Pte. Ltd. |
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Registered Office : |
203 Henderson Road, #12-09, Henderson Industrial Park Singapore 159546 |
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Country : |
Singapore |
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Date of Incorporation : |
03.01.2011 |
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Com. Reg. No.: |
201100263E |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Trader of tires and batteries |
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No. of Employees
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50 |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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---- |
NB |
New Business |
---- |
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Status : |
New Company |
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Payment
Behaviour : |
Unknown |
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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
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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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Company Name: |
Cellmax Marketing International Pte. Ltd. |
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Supplied Name: |
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Supplied
Address: |
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Company
Identification Details
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Registered Name: |
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Registered
Address: |
203 Henderson Road, #12-09, Henderson Industrial Park Singapore 159546 |
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Date of
Registration:: |
2011-1-3 |
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Registered
Number: |
201100263E |
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Country of Incorporation: |
Singapore |
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Registered
Capital: |
SGD 100,000.00
(USD 78,690.00) (As of 2011.12,
1 SGD = 0.7869 USD) |
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Paid-up Capital: |
SGD 100,000.00
(USD 78,690.00) = 100,000 Shares@1 SGD |
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Legal Form: |
Private Limited
Liability Company |
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Principal
Activities: |
Trader of tires
and batteries 46900 General
wholesale trade (including general importers and exporters) |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
Notes: The staff number was
obtained from subject’s relevant staff’s introduction.
History
Subject was incorporated on 2011-1-3 with registered number 201100263E as
Private Limited Liability Company in Singapore.
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Date |
Change |
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2011-1-3 |
Cellmax Marketing (Singapore) Pte. Ltd. |
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2011-1-31 |
Cellmax Marketing International Pte. Ltd. |
Shareholders
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Subscription Shares |
Proportion of Investment (%) |
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Ong Chee Hua |
70,000 |
70% |
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Loh Ting Yeow |
30,000 |
30% |
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Total |
100,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Ong Chee Hua |
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ID Number: |
K18468165 |
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Address: |
2c, Lorong 8,
Jalan Cherry, 96000 Sibu, Sarawak, Malaysia |
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Nationality: |
Malaysian |
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2 |
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Name: |
Loh Ting Yeow |
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ID Number: |
S7642307E |
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Address: |
77A Redhill Road
#10-16 Singapore 151077 |
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Nationality: |
Singapore
Citizen |
Management
Information
Detailed
Information of Management:
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1 |
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Name: |
Ong Chee Hua |
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Position: |
Director |
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ID Number: |
K18468165 |
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Address: |
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Nationality: |
Malaysian |
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Date of
Appointment: |
2011-1-3 |
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2 |
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Name: |
Loh Ting Yeow |
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Position: |
Director |
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ID Number: |
S7642307E |
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Address: |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-1-3 |
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3 |
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Name: |
Loh Ting Yeow |
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Position: |
Secretary |
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ID Number: |
S7642307E |
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Address: |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-1-3 |
Personnel
Structure
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Total Employees |
Operation
Information
Offices
& Factories
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Office |
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Address: |
Purchase
l
Subject has its factory in Indonesia.
l
Subject produces tires and batteries.
l
The components and raw materials for production are
mainly purchased from abroad.
l
Subject is a trader of tires and batteries.
l
Subject has both domestic and foreign markets.
l
Subject has a proportion of 50% for export.
Settlements
Purchase
Domestic Markets
Notes: Subject does not purchases from domestic
markets.
Overseas Markets
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Products |
Payment Terms |
Proportion |
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Components and
raw materials |
CBD, etc. |
100% |
Domestic Markets
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Sales Terms |
Proportion |
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Tires and
batteries |
COD, CBD, etc. |
100% |
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Product |
Sales Terms |
Proportion |
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Tires and
batteries |
CBD, etc. |
100% |
Financial
Information
Subject has no
obligations to disclose its financial statements to the third party according
to the relevant policy in Singapore, subject did not submit the latest information
to the local registry, and the only source from which we can obtain the
information is the subject itself.
Subject’s relevant staff Ms. Huang declined to disclose its financials citing
the grounds of company’s confidentiality; from other source we cannot obtain
the relevant information, either.
Interview
Details
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Name: |
Ms. Huang |
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Email: |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.53.21 |
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UK Pound |
1 |
Rs.83.32 |
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Euro |
1 |
Rs.69.51 |
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 |
---- |
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.