MIRA INFORM REPORT
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Report Date : |
07.07.2011 |
IDENTIFICATION DETAILS
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Name : |
MJD EXIM PTE. LTD. |
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Formerly Known As : |
MJD Gardening & Landscaping Construction Pte. Ltd. |
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Registered Office : |
113 Serangoon Road, Singapore 218018 |
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Country : |
Singapore |
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Date of Incorporation : |
07.01.2011 |
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Com. Reg. No.: |
201100790D |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Import & export
of construction plant and machineries |
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 – March 31st, 2011
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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 Points
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Company Name: |
MJD Exim Pte. Ltd. |
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Supplied Name: |
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Supplied Address: |
Note:
The supplied name is the former name of the
subject, and the exact current name is as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Since the
subject is a newly established company, the future development remains to be
seen. At this stage credits require securities. |
Special
Notes
According to the
supplied name and address, we couldn’t find any information on telephone
number, fax number and E-mail,
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 importing & exporting of construction plant and machineries,
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: |
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Date of Registration:: |
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Registered Number: |
201100790D |
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Country of Incorporation: |
Singapore |
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Registered Capital: |
SGD 200,000.00 (USD 162,811 ) (As of 2011.07, 1 SGD = 0.81405 USD) |
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Legal Form: |
Limited Exempt Private Company |
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Principal Activities: |
46542 Import & export of construction
plant and machineries. 46620 Import & export of steel & iron
for building construction. |
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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 |
The staff number is not available from the
subject or other sources.
History
Subject was incorporated
on
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Date |
Change |
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MJD
Gardening & Landscaping Construction Pte. Ltd. |
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MJD
Exim Pte. Ltd. |
Shareholders
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Subscription
Amount |
Proportion
of Investment (%) |
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KUNJU PILLAI MONIKANDAN |
200,000 |
100% |
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Total |
200,000 |
100% |
Major Shareholder Information:
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Name: |
KUNJU PILLAI MONIKANDAN |
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ID Number: |
J1941965 |
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Address: |
5-32B, M.J.Bhavan, Palukal, Kannumamoodu,
Kanniyakumari-Dt, 629270, Tamilnadu,India |
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Nationality: |
Indian |
Subsidiaries & Branches
Manage
Information
Core Management
Detailed Information of Management:
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1 |
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Name: |
KUNJU PILLAI MONIKANDAN |
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Position: |
Director |
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ID Number: |
J1941965 |
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Address: |
5-32B, M.J.Bhavan, Palukal, Kannumamoodu,
Kanniyakumari-Dt, 629270, Tamilnadu, India |
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Nationality: |
Indian |
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Date of Appointment: |
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2 |
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Name: |
VAITHIYALINGAM SHEZHIYAN |
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Position: |
Director |
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ID Number: |
S2705367Z |
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Address: |
621 Woodlands Drive 52 #09-40 Singapore
730621, Singapore |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
VIJAYALAKSHMI JAGADEESH |
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Position: |
Secretary |
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ID Number: |
S2720652B |
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Address: |
81 Mergui Road #02-04 Singapore 219057,
Singapore |
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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: |
Operation Information
We contacted the
subject unsuccessfully.
We obtained the
registered activities of the subject as follows for reference.
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Business Code |
Details
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46542 |
Import
& export of construction plant and machineries. |
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46620 |
Import
& export of steel & iron for building construction. |
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 Taiwan and the only source from
which we can obtain the information is the subject itself.
And we couldn’t
contact the subject successfully; the financial information is not available
from the subject.
Bankers
The bankers’ information is not available
from the subject or other sources.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.38 |
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UK Pound |
1 |
Rs.71.24 |
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Euro |
1 |
Rs.64.16 |
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.