MIRA INFORM REPORT
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Report Date : |
14.05.2011 |
IDENTIFICATION DETAILS
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Name : |
INTERMAY CONSULTECH PRIVATE LIMITED |
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Formerly Known As : |
Intermedia Technology (Pte) Ltd |
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Registered Office : |
10 Ubi Crescent #03-73 Ubi Techpark Singapore 408564 |
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Country : |
Singapore |
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Date of Incorporation : |
09.05.1991 |
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Com. Reg. No.: |
199102122C |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Fireworks Service |
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 30,000 |
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Status : |
Moderate |
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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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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: |
Intermay
Consultech Private Limited |
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Former Name |
Intermedia Technology (Pte) Ltd |
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Supplied Name: |
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Supplied Address: |
10 Ubi Cresent,
#03-73 Ubi Techpark, Singapore 408564, 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: |
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Country of Incorporation: |
Singapore |
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Registered Capital: |
SGD 160,000 (USD 130,224) (As of 2011.05, 1 SGD = 0.8139
USD) |
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Paid-up Capital: |
SGD 160,000 (USD 130,224) = 160,000
Shares@1 SGD |
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Legal Form: |
Limited Exempt Private Company |
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Principal Activities: |
Fireworks service |
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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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History
Subject was incorporated on
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Date |
Change |
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Intermedia
Technology (Pte) Ltd |
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Intermay
Consultech Private Limited |
Shareholders
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Subscription
Amount |
Proportion
of Investment (%) |
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112,000 |
70% |
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Lim
Mui Siam |
48,000 |
30% |
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Total |
160,000 |
100% |
Major Shareholder Information:
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1 |
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Name: |
Phua Cheng Suan |
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ID Number: |
S0054000E |
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Address: |
25J Jalan Hock Chye Singapore 534179 |
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2 |
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Name: |
Lim Mui Siam |
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ID Number: |
S1233064B |
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Address: |
25J Jalan Hock Chye Singapore 534179 |
Subsidiaries &
Branches
Subject did not introduce whether it has any
subsidiaries or branches, from other source we can not obtain the relevant
information, either.
Manage
Information
Detailed Information of Management:
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1 |
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Name: |
Phua Cheng Suan |
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Position: |
Director |
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ID Number: |
S0054000E |
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Address: |
25J Jalan Hock Chye Singapore 534179 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Tan Kok Seng |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
112 Bukit Batok West Avenue 6 #01-154
Singapore 650112 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
Lim Mui Siam |
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Position: |
Director |
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ID Number: |
S1233064B |
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Date of Change of Address: |
25J Jalan Hock Chye Singapore 534179 |
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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 |
Operation
Information
Offices & Factories
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Office |
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Address: |
Production Information
l
Subject
operates as a firework service supplier without production activities
Purchase Information
l
It is
introduced that subject’s fireworks are all imported from China.
Sales Information
l
Subject
is engaged in setting off service of fireworks and subject’s service is divided
into two types: large type valued over SGD 8,000 and small type rang from SGD
1,500~8,000
l
Subject
can serve both domestic and overseas customers and it is introduced that
subject’s overseas customers are in India and Dubai, etc
l
According
to the relevant law in Singapore, subject has to supply the service according
to the local firework setting off standard
Subject’s major experience
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1 |
Concerts like Jacky Cheung Encore, Sam Hui,
Adam Cheng, etc. |
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2 |
Fireworks Festival 2005 |
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3 |
Olympic 2012 Gala 2006 |
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4 |
Rain's Coming World Tour 2007 |
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5 |
Launch for NATAS Travel 2007 |
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6 |
Launch of SAF I SIR 50th Anniversary
Celebration |
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7 |
Wedding Dinners |
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8 |
Punggol East Lunar New Year CountDown Party
2008 |
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9 |
Punggol East Lunar New Year CountDown Party
2008 |
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10 |
IFPAS National Congress 2008 Trade Show |
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11 |
National Cadet Corps Affirmation Ceremony
08 |
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12 |
May Day Concert 2008 |
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13 |
FIR Concert 2008 |
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14 |
National Day Parade Fireworks 2008 |
Settlements
Purchase
Domestic
Markets
Subject has little domestic purchase.
Overseas
Markets
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Products |
Payment Terms |
Proportion |
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Firework |
CBD, etc |
100% |
Domestic
Markets
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Sales Terms |
Proportion |
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Firework setting off service |
50% prepayment, 30 before setting off and
the rest after setting off |
100% |
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Product |
Sales Terms |
Proportion |
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Firework setting off service |
50% prepayment, 30 before setting off and
the rest after setting off |
100% |
Notes: Subject’s staff will go to the location of
the overseas market to serve them.
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 it self.
Subject’s staff Mr. Cai declined to disclose
the financial information, from other source we can not obtain the relevant
information, either.
Bankers
Bank Charges:
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Charge 1 |
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Charge Number: |
C200301280 |
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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: |
C200400213 |
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Date of Registration: |
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Name: |
DBS Bank Ltd. |
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Amount Secured: |
All monies |
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Charge 3 |
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Charge Number: |
C200708780 |
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Date of Registration: |
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Name: |
DBS Bank Ltd. |
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Amount Secured: |
All Monies |
Auditors
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Name: |
Wu Chiaw Ching & Company |
Interview
Details
|
Name: |
Mr. Cai |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
Rs.44.91 |
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UK Pound |
1 |
Rs.73.06 |
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Euro |
1 |
Rs.64.03 |
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 |
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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.