MIRA
INFORM REPORT
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Report Date : |
15.07.2011 |
IDENTIFICATION DETAILS
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Name : |
JIN XIN GOLD ORNAMENT |
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Registered Office : |
18 Jalan Masjid #02-07 Kembangan Plaza Singapore 418944 |
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Country : |
Singapore |
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Date of Incorporation : |
01.07.2009 |
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Com. Reg. No.: |
53145969A |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Commission Agent |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
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: |
Jin Xin Gold
Ornament |
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Supplied Name: |
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Supplied
Address: |
18 Jalan Masjid #02-07 Kembangan Plaza Singapore 418944, Singapore |
Special Notes
We tried to contact subject according to the supplied number
+65-96153090, the number is not in use any more.
And we did not find any operation information or contact information of
subject according to the supplied name or address from public files, either.
Subject’s registration files show subject’s principal activities as
follows, while the information is not confirmed.
46100--Commission
Agent
46421--Wholesale of Gold Ornament
Up to the date of reporting, we failed to get in touch with subject, if
you kindly supply other contact, we’d like to continue our investigation.
We found the registration information of subject from local registry,
supplying 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
Foundation: |
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Date of
Registration:: |
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Registered
Number: |
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Commencement
Date： |
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Expiry Date: |
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Registered
Capital: |
N/A |
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Legal Form: |
Sole
Proprietorship |
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Principal
Activities: |
46100--Commission
Agent 46421--Wholesale
Of Gold Ornament |
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N/A |
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Status: |
Live |
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Listed at Stock
Exchange: |
No |
History
Subject was incorporated on
Owner
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Name: |
Ng Huat Heng |
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ID Number: |
S |
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Address: |
226 Bishan Street 23 #17-95 Singapore 570226 |
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Nationality: |
Singapore P.R. |
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Date of Entry: |
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Subsidiaries & Branches
We can not confirm
whether subject has any subsidiaries or branches.
Operation Information
We can not confirm subject’s operation information, and we found subject’s
principal activities as follows for reference.
46100--Commission
Agent
46421--Wholesale of Gold Ornament
Financial Information
Subject has no
obligations to disclose its financial statements to the third party according to
the relevant policy in Singapore and the only source from which we can obtain
the information is the subject itself.
Since we did not
find subject, the information is not available.
Bankers
Information on
bank details is not available from subject or other sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.53 |
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|
1 |
Rs.71.80 |
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Euro |
1 |
Rs.63.15 |
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.