MIRA INFORM REPORT
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Report Date : |
22.07.2011 |
IDENTIFICATION DETAILS
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Name : |
TIVO TECHNOLOGIES PTE. LTD. |
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Registered Office : |
514 Chai Chee Lane #05-15 Singapore 469029 |
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Country : |
Singapore |
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Date of Incorporation : |
12.06.2007 |
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Com. Reg. No.: |
200710435M |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Distributor of Enterprise products and services, etc |
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 40,000 |
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Status : |
Moderate |
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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 – March 31st, 2011
|
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: |
Tivo Technologies Pte. Ltd. |
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Supplied Name: |
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Supplied Address: |
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Fax Number: |
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Notes:
Subject’s exact name and
address are as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
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: |
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Country of Incorporation: |
Singapore |
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Registered Capital: |
SGD 50,000 (USD 40,375) (As of 2011.07, 1 SGD = 0.8075 USD) |
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Paid-up Capital: |
SGD 50,000 (USD 40,375) = 50,000 Shares@1
SGD |
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Legal Form: |
Limited Exempt Private Company |
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Principal Activities: |
Distributor of Enterprise products and
services, etc |
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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: |
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Notes: Subject did not introduce its staff information; from other source we
can not obtain the relevant information, either.
History
Subject was incorporated on
Shareholders
|
Subscription
Amount |
Proportion
of Investment (%) |
|
|
Ong Boon Teck |
50,000 |
100% |
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Total |
50,000 |
100% |
Major Shareholder Information:
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Name: |
Ong Boon Teck |
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ID Number: |
S7816705Z |
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Address: |
726 Tampines Street 71 #06-193 Singapore
520726 |
Subsidiaries &
Branches
Subject did not introduce whether subject has
any subsidiaries or branches, from other source we can not obtain the relevant
information, either
Manage
Information
Detailed Information of Management:
|
1 |
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Name: |
Ong Boon Teck |
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Position: |
Director |
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ID Number: |
S7816705Z |
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Address: |
726 Tampines Street 71 #06-193 Singapore
520726 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Hong Su Yee |
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Position: |
Secretary |
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ID Number: |
S7813489E |
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Address: |
80 Jalan Pergam East View Garden Singapore
488356 |
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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 Enterprise products and services without production.
l
Subject’s
solutions include:
Enterprise KVM
Power Management
Enterprise Storage & Backup Solutions
Email Archival
Memory Solutions
Purchase Information
l
Subject
purchases both at home and abroad
Sales Information
l
Subject
supplies enterprise products and service.
l
Subject
carries brands such as Nvidia, Raritan,Tandberg Data, Softnext, Mushkin,
Wattson and Brother, etc
l
Subject
supplies service including system and network consultancy, installation,
configuration, troubleshooting, maintenance services and deployment services,
etc
l
It is
introduced that subject mainly serves domestic customers, while overseas
customers are not declined.
Settlements
Purchase
Domestic
Markets
|
Products |
Payment Terms |
Proportion |
|
Enterprise products, etc |
COD, etc |
100% |
Overseas
Markets
|
Products |
Payment Terms |
Proportion |
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Enterprise products, etc |
CBD, etc |
100% |
Domestic
Markets
|
Sales Terms |
Proportion |
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Enterprise products, etc |
COD, CBD, etc |
100% |
Overseas
Markets
|
Product |
Sales Terms |
Proportion |
|
Enterprise products, etc |
COD, etc |
100% |
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.
Subject declined to disclose the financial
information citing the grounds of company’s confidentiality; from other source
we can not obtain the relevant information, either.
Bankers
Subject declined to disclose its bank
details; from other source we can not obtain the relevant information, either.
Interview
Details
|
Department: |
Sales department |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.43 |
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UK Pound |
1 |
Rs.71.90 |
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Euro |
1 |
Rs.63.41 |
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 |
|
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 |
|
<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.