MIRA
INFORM REPORT
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Report Date : |
22.06.2011 |
IDENTIFICATION DETAILS
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Name : |
AMPLE SEA TRADING PTE. LTD. |
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Registered Office : |
55 UBI Avenue 3, #04-00 Mintwell Building Singapore 408864 |
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Country : |
Singapore |
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Date of Incorporation : |
21.06.2010 |
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Com. Reg. No.: |
201013127G |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Importers Of Palm Oil, Including Glycerin, Methanol & Diphenyl |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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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
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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: |
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Supplied Name: |
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Supplied
Address: |
Credit Summary
Special Notes
We did not find
any contact information of subject according to the supplied name or the
supplied address. From public files, we found that subject
is an importer of Palm
Oil, Including Glycerin, Methanol & Diphenyl, while it is not confirmed by subject.
Up to the date of
reporting, we did not get contact with subject, if you kindly supply contact
information of subject, we’d like to continue our investigation.
We found the
registered 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
Registration:: |
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Registered
Number: |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
USD 1 |
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Paid-up Capital: |
USD 1 = 1
Shares@1 USD |
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Legal Form: |
Private Limited
Liability Company |
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Principal
Activities: |
Importers Of Palm Oil, Including Glycerin, Methanol & Diphenyl |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
History
Subject was incorporated on
Shareholders
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Subscription
Amount |
Proportion of
Investment (%) |
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1 |
1 |
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Total |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Rugao City Shuangma Chemical Co., Ltd. |
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Value: |
USD 1 |
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ID Number: |
T10UF1723J |
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Address: |
Group 15, South Dongchen Village, Dongchen Town
Rugao City, Jiangsu Province, China |
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Date of Appointment: |
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Subsidiaries & Branches
Manage Information
Detailed
Information of Management:
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1 |
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Name: |
Hong Deshan |
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Position: |
Director |
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ID Number: |
G25777579 |
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Address: |
Jiangsu Province, Ru Gao Shi, Dong Chen Zhen 6
Maojin Chang, People's Republic Of China |
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Nationality: |
Chinese |
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Date of Appointment: |
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2 |
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Name: |
Jiang Jian |
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Position: |
Director |
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ID Number: |
S2639807Z |
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Address: |
26 DOVER CRESCENT #22-65 Singapore 130026 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
Jiang Jian |
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Position: |
Secretary |
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ID Number: |
S2639807Z |
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Address: |
26 Dover Crescent #22-65 Singapore 130026 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Personnel
Structure
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Total Employees |
About 10 Employees |
Operation Information
We did not get contact
with subject; from public files, we found that subject is an importer of Palm
Oil, Including Glycerin, Methanol & Diphenyl, while it is not confirmed by
subject.
Financial Figures
The subject has no obligations to supply 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 financial information of subject is
not available.
Bankers
We didn’t get contact with subject; from other source we can not obtain
the relevant information, either.
Auditors
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Name: |
Tan, Teo &
Partners Pac |
Public
Charges
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Charge 1 |
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Charge Number: |
C201012639 |
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Date of
Registration: |
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Name: |
United Overseas
Bank Limited |
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Amount Secured: |
All Monies |
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Charge 2 |
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Charge Number: |
C201102529 |
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Date of
Registration: |
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Name: |
United Overseas Bank
Limited |
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Amount Secured: |
All Monies |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.91 |
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1 |
Rs.72.89 |
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Euro |
1 |
Rs.64.48 |
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.