MIRA INFORM
REPORT
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Report Date : |
09.06.2011 |
IDENTIFICATION DETAILS
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Name : |
MACAULEY GEHLER PTE. LTD. |
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Registered Office : |
6 Kian Teck Crescent Singapore 628873 |
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Country : |
Singapore |
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Date of Incorporation : |
23.07.2008 |
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Com. Reg. No.: |
200814417W |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
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: |
Macauley Gehler
Pte. Ltd. |
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Supplied Name: |
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Supplied Address: |
10 Anson Road,
HEx 33-10 International Plaza 079903 Singapore |
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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: |
200814417W |
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Country of Incorporation: |
Singapore |
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Registered Capital: |
SGD 2,000,000 (USD 1,626,600) (As of 2011.06, 1 SGD = 0.8133 USD) |
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Paid-up Capital: |
SGD 2,000,000 (USD 1,626,600) = 2,000,000
Shares@1 SGD |
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Legal Form: |
Limited Exempt Private Company |
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Principal Activities: |
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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: the staff information is not available from subject or other sources.
History
Subject was
incorporated on
Shareholders
|
Subscription
Amount |
Proportion
of Investment (%) |
|
|
Chan Mun Yee |
2,000,000 |
100% |
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Total |
2,000,000 |
100% |
Major Shareholder Information:
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Name: |
Chan Mun Yee |
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ID Number: |
S7919420D |
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Address: |
764 Bedok Reservoir View #07-275 Singapore
470764 |
Subsidiaries &
Branches
Subject did not introduce whether it has any
subsidiaries or branches, while it is introduced that Subject has related
packaging factories in Pasir Gudang, Malaysia, but the details are not
disclosed.
Manage
Information
Core Management
Detailed Information of Management:
|
1 |
|
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Name: |
Chan Wong Seng |
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Position: |
Director |
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ID Number: |
S0033491Z |
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Address: |
8 Jalan Keris Cathay Gardens Singapore
457542 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Wong Kiah Peng |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
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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 trader of edible oil
without any production activities.
l
Subject
is also engaged in packaging of edible oil.
Purchase Information
l
Subject
purchases mainly from neighboring countries such as Malaysia and Indonesia, etc
l
Subject
is engaged in sales of bulk and packaged
edible oil products, etc
l
Subject’s
products are mainly sold in domestic market in Singapore.
l
It is
introduced that Subject’s general delivery date is 1-2 months after order if
there are no inventories.
Major Products and Service:
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Edible Oils |
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Packing Options |
Subject has related factories in Pasir
Gudang, Malaysia, and it is able to provide a one stop centre for packing of
quality edible oil products. The
machineries are designed and engineered in house, and its finished
products are manufactured to specifications designed to surpass international
food quality and packaging standards. |
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Sustainable Engineering |
Subject embraces ecologically sustainable
development (ESD) in the building design and construction. It works in
collaboration with John Maitland, an award winning architect from Adelaide,
Australia. John has received 18 awards for Design, Energy, Efficiency, and
Sustainability since 1992 |
Settlements
Purchase
Domestic
Markets
Subject has little domestic purchase.
Overseas
Markets
|
Products |
Payment Terms |
Proportion |
|
Bulk and packaged
edible oil products, etc |
CBD, etc |
100% |
Domestic
Markets
|
Sales Terms |
Proportion |
|
|
Bulk and packaged
edible oil products, etc |
CBD, COD, etc |
100% |
Overseas
Markets
Subject has little export
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 financial information
to the local registry, and the only source from which we can obtain the
information is the subject itself.
Subject declined to disclose its 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.
Auditors
|
Name: |
Wong,Lee & Associates |
Interview
Details
|
Name: |
Ms. Hazel |
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Department: |
Sales department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.61 |
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UK Pound |
1 |
Rs.73.28 |
|
Euro |
1 |
Rs.65.47 |
RATING EXPLANATIONS
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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 |
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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 |
|
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.