MIRA INFORM REPORT

 

 

Report Date :           

11.06.2011

 

IDENTIFICATION DETAILS

 

Name :

EVER  MILLION  GOLD  LTD.

 

 

Registered Office :

c/o Akin Professionals Ltd., 20/F., Champion Building, 287-291 Des Voeux Road Central, Sheung Wan

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

02.09.2010

 

 

Com. Reg. No.:

52937548

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

----

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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)

Hong Kong

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name     

 

EVER  MILLION  GOLD  LTD.

 

 

Company ADDRESS

 

Registered Office:-

c/o Akin Professionals Ltd.

20/F., Champion Building, 287-291 Des Voeux Road Central, Sheung Wan, Hong Kong.

[Tel: 2541 4224;  Fax: 2541 4225]

 

 

BUSINESS REGISTRATION NUMBEr

 

52937548

 

 

COMPANY FILE NUMBER 

 

1500654

 

 

DATE OF INCORPORATION

 

2nd September, 2010.

 

 

CAPITAL

 

Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital:     HK$1.00

 


 

SHAREHOLDER

(As per registry dated 02-09-2010)

 

Name

 

No. of share

Company Kit Secretarial Services Ltd., Hong Kong.

 

1

=

 

 

DIRECTOR    

(As per registry dated 10-09-2010)

 

Name

(Nationality)

 

Address

Charan SINGH

E-37, G/F., Gali No-3, Jeewan Park, Uttam Nagar, Delhi 59, India.

 

 

SECRETARY

(As per registry dated 10-09-2010)

 

Name

Address

Co. No.

Akin Professionals Ltd.

20/F., Champion Building, 287-291 Des Voeux Road Central, Sheung Wan, Hong Kong.

1273165

 

 

GENERAL

 

Ever Million Gold Ltd. was incorporated on 2nd September, 2010 as a private limited liability company under the Hong Kong Companies Ordinance.

The subject does not have its own operating office.  Its registered office is in a commercial service provider located at 20/F., Champion Building, 287‑291 Des Voeux Road Central, Sheung Wan, Hong Kong known as Akin Professionals Ltd. which is handling its correspondences and documents.  Akin Professionals Ltd. is an associated company of Akin CPA Ltd. which is an accountant firm located at the above-mentioned address.

Formerly the registered office of the subject was in a commercial service provider located at 6/F., Shun On Commercial Building, 112-114 Des Voeux Road Central, Hong Kong known as Company Kit Registrations Ltd. [CKRL] which had handled its correspondences and documents.  The subject changed its registered address to the present one with effect from 10th September, 2010 as it has changed it commercial service provider.

The subject has no employees in Hong Kong.

According to the Companies Registry of Hong Kong, the subject has issued just one ordinary share of HK$1.00 which is held by Company Kit Secretarial Services Ltd. which is an associated company of CKRL.

The director of the subject Charan Singh is an Indian.  He is an India passport holder and does not have the right to reside in Hong Kong permanently.  Singh is the only director of the subject and currently residing in Delhi, India.

The subject’s lines of business are unknown since the secretarial firm declined to divulge any information about it.

It is likely that the subject is a diamond trader.  It is also likely that the subject has got an associated company in India which is also operated by Singh.  However, details are unknown.

The subject may have one or two representatives in Hong Kong which may be reached at the mobile phone numbers of 6252 7521 and 9744 4264.  However, we can reach nobody via these two numbers.

It is likely that the India firm deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong.  The India firm also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.

The subject’s business in Hong Kong is not very active.  History is just over six months.

Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.

 

COURT CASES:            None per our.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.72

UK Pound

1

Rs.72.93

Euro

1

Rs.64.72

 

 

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

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.