MIRA INFORM
REPORT
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Report Date : |
03.03.2011 |
IDENTIFICATION DETAILS
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Name : |
SEAVALOUR CORP |
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Registered Office : |
8fl, 1, Lane 222, |
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Country : |
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Date of Incorporation : |
09.08.2010 |
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Com. Reg. No.: |
29175099 |
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Legal Form : |
Private Company With Limited Liability |
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Line of Business : |
Importing - Materials like Additives, Catalyst , Chemicals, Glycols,
Special chemical |
RATING & COMMENTS
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MIRAs 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 December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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a2 |
a2 |
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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 |
Name and address
SEAVALOUR
CORP
8FL, 1, LANE 222,
TEL: 886-2-82823313 FAX: 886-2-26187065
EXECUTIVE SUMMARY
INCORPORATION DATE : AUG
9, 2010
REGISTRATION NO. :
29175099
LEGAL FORM :
PRIVATE COMPANY WITH LIMITED LIABILITY
CHIEF EXECUTIVE :
MR. PIN-HUNG LU (CHAIRMAN)
STAFF STRENGTH :
2
AUTHORIZED CAPITAL : NTD 705,000
BUSINESS LINE :
IMPORTER
TURNOVER :
N/A (AS OF DEC. 31, 2009)
EQUITIES :
N/A (AS OF DEC. 31, 2009)
PAYMENT :
BELOW AVERAGE
RECOMM.
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE :
TWD 29.62856 = US$1
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
TWD
Name in Local Language : 巨壑企業有限公司
*CAPITAL (Currency: NTD - New
=====================================
Authorized Capital: 705,000
*OFFICE & FACILITIES*
====================
Name : SEAVALOUR CORP -
Building Size : 116 Square meters
Employees : 2
Type of Location : Residential
Address : 8Fl, 1, Lane 222,
Country :
Ownership of Property : Rented / Leased
Status : Operational
*REPUTATION*
=============
Due to the recent incorporation of the SEAVALOUR CORP, and the
relatively small nature of its business, no meaningful points of reference in
terms of reputation within the respective industry were possible.
www.seavalour.com SCs website is unable to be landed at
present for the technical reason.
E-mail: contact@seavalour.com
For the past two years there is no record of litigation.
*Major Shareholders*
================
Shareholders Country Number Amount (NTD)
Mr. Pin-hung Lu
Name Nationality Job Description Dept. / Division
Ms. Chia-chia Huang Taiwanese Executive Sales
Mr. Pin-hung Lu Taiwanese
Executive -
*COMPANY DIRECTORS*
=====================
1
Name : Mr. Pin-hung Lu
Nationality : Taiwanese
AKA : Daniel Lu
2
Name : Ms. Chia-chia Huang
AKA :
Email : tracy@seavalour.com
*Core Business Description*
====================
Core Business
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The primary business focus of SEAVALOUR CORP is:
·Importing - Materials
An integral part of the core business includes:
·Distribution
*Primary Products*
==============
Activity Products / Materials /
Services Description
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Importing Additives
Importing Catalyst
Importing Chemicals
Importing Glycols
Importing Special
chemical
*PAYMENT TERMS*
=================
Selling
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Type Terms
Local Cash on delivery
(COD)
Credit - Secured with Post-dated checks
30~60 days
Purchasing
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Type Terms
Import Letter of Credit
(At-sight)
Telegraphic Transfer (T/T) - Executed at
time of transaction
*COMPETITORS*
==============
The following is a representative list of local competitors:
APEX CHEMICAL CORP
RAPID CHEMICAL CO LTD
SHIN SHENG TRADING CO LTD
WAY EVE CO LTD
*DOMESTIC SALES & PURCHASES*
=============================
Annual Sales Analysis Percentage
-------------------------- --------------
Domestic Sales 100%
Annual Purchases Analysis Percentage
-------------------------------- --------------
Imports 100%
*Sales Channel Analysis*
===================
Sales Channel Sales
Channel Ownership Percentage
Direct end-user /consumer Owned
by Subject Business Entity (SBE) 100%
customer sales - via sales team
SC
is not known to have any subsidiary at present.
PAYMENT RATING : 5 OBTAINED SCORES : 33
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Implication |
Implications |
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1 |
Scores 85100 |
Excellent |
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2 |
Scores 75 84 |
Above Average |
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3 |
Scores 50 74 |
Average |
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4 |
Scores 35 49 |
Fair |
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5 |
Scores 15 34 |
Below Average |
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6 |
Scores 01 14 |
Poor |
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NR |
No Data |
No Data |
The rating indicates the
payment pattern of SC based upon our Payment Database, comments from suppliers
of SC, information from banks (if available), as well as industrial sources.
Based on the corporate laws of
*BANK DETAILS*
===============
Bank Name : COSMOS BANK
Branch : Ta-an Dist,
Branch Address : Prince Tower
SWIFT Code : CSMBTWTP
Bank Name : FIRST COMMERCIAL BANK CO LTD
Branch : Chungcheng Dist,
Branch Address :
SWIFT Code : FCBKTWTP
SC was established in Aug. 2010, and its credit has not been established
yet. Credit dealings with SC should be confined into C.O.D. at present.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Importing 2800 Chemicals and Allied Products
Importing 5169 Chemicals/Allied Prdts, NEC
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Importing 3823909050 Chemical products and preparations of the
chemical or allied industries
Importing 3800 Miscellaneous chemical products
Importing 3815190000 Support catalysts
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Country / Region Estimated level of importance Trading Activity
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.12 |
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1 |
Rs.73.43 |
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Euro |
1 |
Rs.62.32 |
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 SCs 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.