MIRA INFORM REPORT

 

 

Report Date :           

22.06.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

WE COMPONENTS PTE. LTD.

 

 

Formerly Known As :

Plexus Components Pte Ltd

 

 

Registered Office :

10 UBI Crescent #03-94/95 UBI Techpark Singapore 408564

 

 

Country :

Singapore

 

 

Date of Incorporation :

31.10.1997

 

 

Com. Reg. No.:

199707469R

 

 

Legal Form :

Limited Private Company

 

 

Line of Business :

Trader of electronic components, etc 

 

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 80,000

Status :

Moderate

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

 


 Bottom of Form

 

Contact Points

 

Company Name:

We Components Pte. Ltd.

Former Name:

Plexus Components Pte Ltd

Supplied Name:

Plexus Components Pte Ltd.

Trading Address:

10 Ubi Crescent, UBI TechPark Lobby E #03-94/95 Singapore 408564

Supplied Address:

10 UBI Crescent UBI Techpark Lobby Singapore 408564

Telephone Number:

+65-6311-2900

Fax Number:

+65-6311-2905

E-mail:

helen.siah@wes.sg

Notes: Subject’s current name and address are as above and the supplied name is the former one of subject.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 80,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

We Components Pte. Ltd.

Registered Address:

10 UBI Crescent #03-94/95 UBI Techpark Singapore 408564

Date of Registration::

1997-10-31

Registered Number:

199707469R

Country of Incorporation:

Singapore

Registered Capital:

SGD 9,449,999.9999993038 (USD 7,630,875)

(As of 2011.06, 1 SGD = 0.8075 USD)

Paid-up Capital:

SGD 9,449,999.9999993038 (USD 7,630,875) = 9,276,797 Shares

Legal Form:

Limited Private Company

Principal Activities:

Trader of electronic components, etc

Staff:

About 90 Employees (Singapore)

Status:

Live Company

Listed at Stock Exchange:

No

Date of Last Annual Return:

2010-7-29

 

 

History

 

Subject was incorporated on 1997-10-31 with registered number 199707469R as Limited Private Company in Singapore.

 

Change of Name:

Date

Change

1997-10-31

Plexus Components Pte Ltd

2011-3-29

We Components Pte. Ltd.

 

 

Shareholders

 

Name

Subscription Shares

Proportion of Investment (%)

We Holdings Ltd.

9,276,797

100%

Total

9,276,797

100%

 

Major Shareholder Information:

Name:

We Holdings Ltd.

Registered Number:

198600445D

Address:

10 UBI Crescent #03-95 UBI Techpark Singapore 408564

 

Subsidiaries & Branches

 

Related Companies and offices

Plexus Components Sdn Bhd

No.66-2, Persiaran Bayan Indah, Bayan Bay, Sungai Nibong, 11900 Penang, Malaysia.
Tel: +6-04-3970 200
Fax: +6-04-3971 200

Plexus Components (Hong Kong) Limited

Room 1318020, Hollywood Plaza, 610 Nathan Road Mongkok, KL, Hong Kong.
Tel: +852-2407-0960
Fax: +852-2407-0970

Plexus Components (Hong Kong) Limited Representative Office - Shenzhen

Room 2906 Tower B Zhongshen Garden Caitian South Rd, Futian District Shenzhen, P.R.C. 518026
Tel: +86-755-8329-2089
Fax: +86-755-8329-2089

Plexus Components (Hong Kong)
LimitedRepresentative Office - Xiamen

No. 34-18A, Xianglianli Siming Borough, Xiamen, China 361990.
Tel: +86- 592-599-2880
Fax: +86-592-559-2881

Plexus Components Pte Ltd (Taiwan)

6F,No.17, Lane 360, Sec 1, Nei-Hu Rd., Taipei, Taiwan, R.O.C.
Tel: +886-2-2656 0180
Fax: +886-2-2656 0190

Plexus International Trading (Shanghai) Co Ltd

Suite 1002 No.10 Building Hi-SHanghai,New City No.990 DaLian Road,Shanghai,P.R.C. 200092
Tel: +86-21-5169-2828
Fax: +86-21-3377-2878

Plexus Microelectronics Pte Ltd

#252, Ground Floor, Nandidurg Road, Jayamahal Extension Bangalore-560 046, India.
Tel: +91-80-4128-5459 Fax: +91-80-4128-5450

Plexus Microelectronics Pte Ltd

A-6, Sec-20, Noida-201 301, U.P (India)
Tel: +91-120-2540 346
Fax: +91-120-253 0773

Plexus Components Co Ltd

119/17 Bangnathani BL Bangna K.M.3 bangna bangna, Bangkok, Thailand.
Tel: +662- 3613-721
Fax: +662- 3613-723

 

 

Manage Information

 

Core Management

Detailed Information of Management:

1

Name:

Ng Boo Gan

Position:

Director

ID Number:

S6804415D

Address:

24 Sin Ming Walk #01-01 Bishan Park Condominium Singapore 575572

Nationality:

Singapore Citizen

Date of Appointment:

1998-3-2

2

Name:

Sim Mong Keang

Position:

Director

ID Number:

S6928302J

Address:

220 Duchess Avenue Casabella Singapore 266337

Nationality:

Singapore Citizen

Date of Appointment:

1997-10-31

3

Name:

Loh Eng Lock Kelvin

Position:

Director

ID Number:

S7421147Z

Address:

84 Kew Drive Kew Grove Singapore 467991

Nationality:

Singapore Citizen

4

Name:

Sim Cheng Lin

Position:

Secretary

ID Number:

S2005404B

Address:

10C Braddell Hill #05-09 Braddell View Singapore 579722

Nationality:

Singapore Citizen

Date of Appointment:

2010-2-23

 

Personnel Structure

Total Employees

About 90 Employees (Singapore)

 

 

Operation Information

 

Offices & Factories

 

Office

Address:

10 Ubi Crescent, UBI TechPark Lobby E #03-94/95 Singapore 408564

 

Production Information

 

l         Subject is a trader of passive and active electronic components without any production activities

 

Purchase Information

l         Subject is the representative of the following suppliers

 

Suppliers

Major products

ATLAB, INC.

Optical Mouse Sensor,Mobile Sensor,Digital Contact Sensor,IRLED TX/RX IC for Wireless Mouse

Alpha & Omega Semiconductor, ITD

MOSFETs,Power ICs, Transient Voltage Suppressor

AKUSTICA, INC.



Akustica's Sensory Silicon™ products are a family of complete digital, analog and mechanical systems that can hear, speak, and sense the world around them. Sensory Silicon devices are designed and manufactured using our revolutionary CMOS MEMS technology which is superior to other MEMS technologies in both device performance and manufacturability.

AIROHA TECHNOLOGY CORP.

 

Airoha is a leading fabless design house for wireless communication products. With the expertise in wireless technologies and IC design (in both radio frequency (RF) and mixed signal), Airoha is able to provide highly integrated and cost-effective RF transceivers and chipset for wireless applications.

ACOUSTIC TECHNOLOGIES,INC.

Acoustic Echo Canacellation,Noise Reduction,Network Echo,Cancellation,Cound Enhancement,Full Duplex Control Silicon Solution-Desktop Speakerphone,Hands-free Car,Kit,VOIP. Software Solution-Mobile Headset,Telematics

ADVANCED POWER ELECTRONICS CORP.

Providing total solutions for power requirements with MOSFETs, IGBTs and Power ICs. APEC is committed to set the standard for excellence in power.

ACCEL SEMICONDUCTOR CORP.

 

Accel Semiconductor is on its way to grow into a major mixed signal and SoC provider in Great China area. Headquartered in Shanghai, China, Accel owns product lines including analog wireless communication chips and digital wireless communication chips and analog, digital converter electronics chips using advanced TSMC CMOS process.

BCD SEMICONDUCTOR MANUFACTURING LIMITED

Linear Regulator,Switch Converter,Standard Linear,Motor Driver Audio Power Amplifier,Bipolar Transistor, Schottky Barrier Wafer

BROADCHIP



BROADCHIP TECHNOLOGY GROUP LTD. is a semiconductor fabless design company which was founded in Silicon Valley, USA by a group of entrepreneurs.

Chiphomer Technology LTD.

LED Driver ,Audio Amplifer,TP Controllor,Touch Sensor,LDO.

CATALYST SEMICONDUCTOR,INC.



Smarter.Smaller.Lower Power.Lower cost.LCD displays a range of analog/mix-signal and non-volatile serial and parallel EEprom,memory products
LED Drivers,Charge Puymps,Digital Potentionmeters,Voltage Supervisors,Voltage Supervisors with EEPROM Memory,Linear Regulators.

CDT

 

China Dragon Electronic Ltd,Shenzhen City is a professional engaged in DVB-TUSB tuner and high-frequency, research and development, production and sales of high-tech enterprises.The company has always attached great importance to product quality, and continue to the introduction of advanced management ideas and management methods in order to strengthen the management.

CTS CORPORATION


Quartz Crytals & Oscillators,RF & Timing Module,Ceramic Components,Resistor /Electro Components,Heat Sinks / Thermal Management Solutions

CHILISIN ELECTRONICS CORPORATION


LTCCs,Chip Varistors,Chip Industors,Power Industors,Chip Beads,Ferrite Beads,Common Mode Filters / Chokes,Data Line Filters,Common Mode Chokes, Chokes,Power Chockes,Transformers,Current Sensors

DAVICOM SEMICONDUCTOR, INC.

10/100/1000M Gigabit Ethernet Chipsets, 10/100M Fast Ethernet Chipset, 10/100M PHY Transceiver, 10M Ethernet Chipset, 1M Home Networking Ethernet Chipsets, Modem Chipsets,USB 2.0 Device Controllers.

EDISON OPTO CORPORATION

 

High power LED  1w,3w,5w

LED dodule

 

EUTECH MICROELECTRONICS,INC.

Audio Amplifier,Battery Charger,Battery Protection,Linear Regulators,Switch Regulators,Motor Drive,Temperature Sensor,White LED Driver

EPCOS AG

Aluminium Electrolytic Capacitors,EMI Suppression Capacitors,Film Capacitor,Multilayer Ceramic Capacitors,Rolymer Chip Capacitors,Power Capacitors,Surface Acoustic Wave Components,Inductors / EMC Components chocks,EMC Components,Inductors,CeraDiodes,NTC Thermistors,PTC Thermistors,Varistors and Surge Arresters

H-DISPLAYS (MSC) BHD, LCD MANUFACTURING

General purpose modules, Character type modules, Graphic modules, TFT Modules

HYNIX SEMICONDUCTOR ASIA PTE.,LTD

DRAM,NAND Flash,MCP,DOC,PSRAM

Mag .Layers Scientific-Technics Co.,Ltd.


Antenna,  Balance BPF, Balanced Band Pass Filer for Bluetooth, Low Pass Filter, Band Pass Filter, Balun, Chip beads, Inductors, Common Moder Filter, Power Chokes

MAGNETICS

 

A major supplier of the highest performance materials in the industry including; MPP, High Flux, Kool Mµ®, power ferrites, high permeability ferrites and strip wound cores, Magnetics products set the standard for providing consistent and reliable electrical properties for a comprehensive range of core materials and geometries.

MELTEC CORPORATION

 

Photo etching, scale for encoder, oil less stamping/laser stamping, stamping for acrylic plate, madreporic plate to plastic and metal thin sheet.  

MICROCHIP TECHNOLOGY INC. 

 

8/16/32 - bit MCU&DSC, serial EEPROM, analog and interface products, wireless products.

 

MITSUBISHI ELECTRIC

 

Mitsubishi Electric offers a variety of semiconductor and electronic devices that are contributing to the advancement of information-processing and telecommunications. The company develops and manufactures power devices that provide higher operation stability and efficiency, next-generation optical devices that support today's rapidly evolving optical telecommunications networks, and high-frequency devices that are utilized in everything from mobile telephones to telecommunications satellites.

 

ON SEMICONDUCTOR



 

Smarter. Smaller. Lower Power. Lower cost. LCD displays  a range of analog/mix-signal and non-volatile serial and parallel EEPROM, memory products LED Drivers, Charge Puymps, Digital Potentionmeters, Voltage Supervisors, Voltage Supervisors with EEPROM Memory, Linear Regulators. Mosfet. Audio Amplifier. Codec

MOBILEPEAK SEMICONDUCTOR INC.

MobilePeak is the developer of the lowest-cost full featured baseband semiconductor solutions for 3GPP WCDMA (3G), HSPA (3.5G), HSPA+, TD-SCDMA and LTE standards.  MobilePeaks technologies are focused on providing fully capable solutions for mobile broadband datacards, USB sticks, and modules for various data-oriented applications. 

POWER ANALOG MICROELECTRONICS.

Power Analog Microelectronics, Inc. (PAM), established in 2004, focuses on advanced analog(Class D Audio Amplifer), mixed-signal and power management integrated circuits.

PARTRON

 

Spin off from Samsung,Ceramic filter and Dulpexer, lsolator and Chip anneta, Crystal, Osillator,TCXO mainly for CDMA, WCDMA, GPS, Blouetooth applications.

PULSUS TECHNOLOGIES INC.

Pulsus Technologies is a leading developer of Digital Pulse Modulation Amplifier (DPMA) technology. Pulsus has introduced the world's first Digital-to-Digital Converter (DDC) chips, which transform PCM (pulse code modulation) audio signal into PWM (pulse widthmodulation) pulses, enabling it to be "digitally" amplified.

RICHWAVE TECHNOLOGY CORP

Highly integrated 2.4G Audio-Video Tx & Rx ICs and module Solution.WLAN POWER AMP.RF Front-End for PHS(PS,LAN,Mixer,Switch)

RENESAS TECHNOLGY CORP.

Microcontroller,Microprocessors,Memory,Standard ICs,Discrete,ASSSP,System in Package,USB Deice,Bluetooth LSI,LCD,Smart Card.

SHOULDER ELECTRONICS LTD

SHOULDER ELECTRONICS LTD
SAW Filter,SAW Resonators,Crystal,Ceramic Filter,Ceramic Resonator,Dielectric,Dielectric Resinator

Stetron International, Inc.

Custom speaker, Precision engineered and superior quality Audio Transducers, Thermistors and Thermistor Assemblies, Metal Oxide Varistors and Electro C Mechanical Relays.

SOLOMON SYSTECH LIMITED

TFT LCD,STN/CSTN LCD,OLED Driver Controllers,Graphic Controller,Image and Multimedia Processors,Polyphonic Melody ICs,TFT Drivers,Timing Controllers,Micro display controller,Micro display Module,Bistable Driver Controler.

TEAPO ELECTRONIC CORPORATION

Aluminum Electrolytic Capacitor-Radial,Snap-in,SMD

TAI-SAW TECHNOLOGY CO., LTD

While firmly committed to its core strength in the manufacturing and design of the SAW devices, since early 2001 TST has expanded the span of its products and operations to cover BAW (Bulk Acoustic Wave) devices and modules (Xtal, XO, VCO, VCTCXO… etc). 

TYCO ELECTRONICS

Manufacturer of electronic mechanical components:Relays,sensors,Connectors,hamessing components.

U-Blox Ag

offer GPS & GALILEO instant positioning solutions and Chipsets

 

Sales Information

 

l         Subject is engaged in sales of passive and active electronic components, etc

l         Subject has a sales network of 14 regional offices, serving more than 1,000 customers in Asia covering Singapore, India, the mainland of China, Taiwan, Thailand, Indonesia and Malaysia, etc

l         Subject’s major customers are electronic manufactures including original equipment manufacturers ("OEM") and electronics manufacturing services providers ("EMS").  We also provide value-added services in engineering designs and vendor-managed inventory (“VMI”). 

 

 

Settlements

 

Purchase

Domestic Markets

Products

Payment Terms

Proportion

Passive and active electronic components, etc

COD, etc

100%

 

Overseas Markets

Products

Payment Terms

Proportion

Passive and active electronic components, etc

CBD, etc

100%

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Passive and active electronic components, etc

COD, etc

100%

 

 

 

 

 

Overseas Markets

Product

Sales Terms

Proportion

Passive and active electronic components, etc

CBD, 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’s staff Ms. Siah declined to disclose the financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

Bankers

 

Bank Charges

Charge 1

Charge Number:

C200305916

Date of Registration:

2003-12-9

Name:

United Overseas Bank Limited

Amount Secured:

All Monies

Charge 2

Charge Number:

C200402652

Date of Registration:

2004-6-3

Name:

Standard Chartered Bank

Amount Secured:

All Monies

Charge 3

Charge Number:

C200800980

Date of Registration:

2008-1-22

Name:

United Overseas Bank Limited

Amount Secured:

All Monies

Charge 4

Charge Number:

C200805110

Date of Registration:

2008-6-5

Name:

DBS Bank Ltd.

Amount Secured:

All Monies

Charge 5

Charge Number:

C200805199

Date of Registration:

2008-6-9

Name:

United Overseas Bank Limited

Amount Secured:

All Monies

Charge 6

Charge Number:

C200811123

Date of Registration:

2008-12-17

Name:

DBS Bank Ltd.

Amount Secured:

All Monies

 

 

Auditors

 

Name:

RSM CHIO LIM LLP

 

 

Interview Details

 

Name:

Ms. Siah

Department:

Sales department

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.91

UK Pound

1

Rs.72.90

Euro

1

Rs.64.48

 

 

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%)

 

 

 

 

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.