MIRA INFORM REPORT
|
Report Date : |
15.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
NECTO GLOBAL PTE. LTD. |
|
|
|
|
Registered Office : |
7 Temasek Boulevard #04-01 Suntec Tower One Singapore
038987 |
|
|
|
|
Country : |
Singapore |
|
|
|
|
Date of Incorporation : |
15.02.2011 |
|
|
|
|
Com. Reg. No.: |
201103779E |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Retail Sale of Cosmetics |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 20,000 |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
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
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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: |
|
|
Supplied Name: |
Necto Global Pte
Ltd |
|
7 Temasek Boulevard #04-01 Suntec Tower One Singapore 038987 |
|
|
Supplied
Address: |
7 Temasek
Boulevard 04-01 Suntec Tower One, 038987, Singapore |
|
+65-96267669 |
Credit
Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company
Identification Details
|
Registered Name: |
Necto Global
Pte. Ltd. |
|
Registered
Address: |
7 Temasek
Boulevard #04-01 Suntec Tower One Singapore 038987 |
|
Date of
Registration:: |
|
|
Registered
Number: |
|
|
Country of
Incorporation: |
Singapore |
|
Registered
Capital: |
(As of 2011.07,
1 SGD = 0.8214 USD) |
|
Paid-up Capital: |
SGD 100,000 (USD
82,140) = 100,000 Shares@1 SGD |
|
Legal Form: |
Private Limited
Liability Company |
|
Principal
Activities: |
Retail Sale Of Cosmetics |
|
Status: |
Live Company |
|
Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
|
History
Subject was incorporated on
Shareholders
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Total |
100,000 |
100% |
Major Shareholder
Information:
|
1 |
|
|
Name: |
Michael Ng Chee
Wooi |
|
Value: |
SGD 100,000 |
|
ID Number: |
S1245439B |
|
Address: |
16 Merryn Road
Dunearn Estate Singapore 298465 |
|
Nationality: |
Singapore
Citizen |
Subsidiaries &
Branches
Manage
Information
Detailed
Information of Management:
|
1 |
|
|
Name: |
Cheng Wai Kwok |
|
Position: |
Secretary |
|
ID Number: |
S |
|
Address: |
884 TAMPINES
STREET 83 #07-57 Singapore 520884 |
|
Nationality: |
Singapore
Citizen |
|
Date of
Appointment: |
|
|
2 |
|
|
Name: |
|
|
Position: |
Director |
|
ID Number: |
S1245439B |
|
Address: |
16 Merryn Road
Dunearn Estate Singapore 298465 |
|
Nationality: |
Singapore
Citizen |
|
Date of
Appointment: |
|
Personnel
Structure
|
Total Employees |
Operation
Information
Offices
& Factories
|
|
Office |
|
Address: |
7 Temasek
Boulevard #04-01 Suntec Tower One Singapore 038987 |
Purchase
l
The subject purchases cosmetics.
l
The subject purchases from from foreign countries.
Sales
Information
l
The subject is engaged in sales of cosmetics.
l
The subject sells mainly in Singapore.
Settlements
Purchase
Domestic Markets
The subject seldom purchases from domestic markets.
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
CBD, etc |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Cosmetics |
CBD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Cosmetics |
CBD, etc |
100% |
Financial
Figures
|
Sales |
|
|
About USD
2,000,000 |
Notes: The information as above is from introduction.
Bankers
|
Name |
DBS Bank |
Public
Charges
No charges
information was found from public files.
Interview
Details
|
Name: |
Michael Ng Chee
Wooi |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.53 |
|
UK Pound |
1 |
Rs.71.80 |
|
Euro |
1 |
Rs.63.15 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.