MIRA INFORM REPORT
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Report Date : |
20.05.2011 |
IDENTIFICATION DETAILS
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Name : |
PAN SUN HARDWARE PTE. LTD. |
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Registered Office : |
803 King George's Avenue #01-174 Singapore 200803 |
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Country : |
Singapore |
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Date of Incorporation : |
20.11.1992 |
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Com. Reg. No.: |
199206287R |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Import and sales of screw and other fastening pieces |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 40,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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
|
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: |
Pan Sun Hardware
Pte. Ltd. |
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Supplied Name: |
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Supplied Address: |
Black 803, King
George's Ave., #01-174, Singapore 200803, 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: |
199206287R |
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Country of Incorporation: |
Singapore |
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Registered Capital: |
SGD 1,000,000 (USD 813,900) (As of 2011.05, 1 SGD = 0.8139
USD) |
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Paid-up Capital: |
SGD 1,000,000 (USD 813,900) = 1,000,000
Shares@1 SGD |
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Legal Form: |
Limited Exempt Private Company |
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Principal Activities: |
Import and sales of screw
and other fastening pieces |
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N/A |
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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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Notes: The staff information is not available from subject or other source.
History
Subject was incorporated on
Shareholders
|
Subscription
Amount |
Proportion
of Investment (%) |
|
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Lee Kim Hock |
700,000 |
70% |
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Lee Kim Chai |
300,000 |
30% |
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Total |
1,000,000 |
100% |
Major Shareholder Information:
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1 |
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Name: |
Lee Kim Hock |
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ID Number: |
S |
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Address: |
10 Cactus Crescent Seletar Garden Singapore
809718 |
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2 |
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Name: |
Lee Kim Chai |
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ID Number: |
S2006272Z |
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Address: |
14 Cactus Drive #07-01 Grande Vista
Singapore 809689 |
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: |
Lee Kim Hock |
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Position: |
Director |
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ID Number: |
S |
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Address: |
10 Cactus Crescent Seletar Garden Singapore
809718 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Lee Kim Chai |
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Position: |
Director |
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ID Number: |
S2006272Z |
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Address: |
14 Cactus Drive #07-01 Grande Vista
Singapore 809689 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
Lee Kim Chai |
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Position: |
Managing Director |
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ID Number: |
S2006272Z |
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Address: |
14 Cactus Drive #07-01 Grande Vista
Singapore 809689 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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4 |
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Name: |
Tang Lai Sang |
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Position: |
Secretary |
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ID Number: |
S2110413B |
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Address: |
23 Jalan Wakaff Singapore 428232 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Operation
Information
Offices & Factories
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Office |
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Address: |
Production Information
l
Subject is
a trader of screw and other fastener pieces without any production activities.
Purchase Information
l
Subject
purchases screw and other fastener pieces mainly abroad from Taiwan, the
mainland of China, Germany and Japan, etc
Sales Information
l
Subject
is engaged in sales of screw and other fastener pieces.
l
Subject’s
products are mainly to domestic market of Singapore.
Settlements
Purchase
Domestic
Markets
Subject has little domestic purchase.
Overseas
Markets
|
Products |
Payment Terms |
Proportion |
|
Screw and other fastener pieces |
CBD, etc |
100% |
Sales
Domestic
Markets
|
Sales Terms |
Proportion |
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|
Screw and other fastener pieces |
CBD, COD, etc |
100% |
Overseas
Markets
Subject does not export
Financial
Information
Subject has no obligations to disclose its
financial statements to the third party according to the relevant policy of
Singapore, subject did not submit the latest financials to the local registry,
and the only source from which we can obtain the information is the subject
itself.
Subject’s relevant staff declined to disclose
the financial information citing the grounds of company’s confidentiality; 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: |
199805205 |
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Date of Registration: |
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Name: |
Keppel Bank Of Singapore Limited |
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Amount Secured: |
All Monies |
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Charge 2 |
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Charge Number: |
199805206 |
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Date of Registration: |
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Name: |
Keppel Bank Of Singapore Limited |
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Amount Secured: |
All Monies |
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Charge 3 |
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Charge Number: |
9503899 |
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Date of Registration: |
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Name: |
Keppel Bank Of Singapore Limited |
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Amount Secured: |
All Monies |
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Charge 4 |
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Charge Number: |
9503900 |
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Date of Registration: |
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Name: |
Keppel Bank of Singapore Limited |
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Amount Secured: |
All Monies |
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Charge 5 |
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Charge Number: |
C200505615 |
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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 6 |
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Charge Number: |
C200811084 |
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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 7 |
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Charge Number: |
C200811085 |
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Date of Registration: |
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Name: |
United Overseas Bank Limited |
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Amount Secured: |
All Monies |
Auditors
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Name: |
S H TANG & ASSOCIATES |
Interview
Details
|
Name: |
Alvin Goh |
|
Position: |
Sales Executive |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.98 |
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UK Pound |
1 |
Rs.72.68 |
|
Euro |
1 |
Rs.64.16 |
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.