MIRA
INFORM REPORT
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Report Date : |
01.11.2011 |
IDENTIFICATION DETAILS
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Name : |
GOLD INTERNATIONAL LTD. |
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Registered Office : |
Room 913, 9/F., China Merchants Tower, Shun Tak Centre, 168‑200 Connaught Road Central, Sheung Wan |
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Country : |
Hong Kong |
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Date of Incorporation : |
01.03.1999 |
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Com. Reg. No.: |
22342024 |
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Legal Form : |
Private Limited Company. |
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Line of Business : |
Importer, Exporter and Wholesaler of all kinds of frozen food, etc. |
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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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Hong Kong |
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 |
Company name and address
GOLD INTERNATIONAL
LTD.
ADDRESS: Room 913, 9/F., China Merchants Tower,
Shun Tak Centre, 168‑200 Connaught Road Central, Sheung Wan, Hong
Kong.
PHONE: 2854 1905
FAX: 2850 7639
MANAGEMENT
Managing Director: Mr. Li Zhiyong
SUMMARY
Incorporated on: 1st
March, 1999.
Organization: Private
Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$10,000.00
Business Category: Importer, Exporter and Wholesaler.
Employees:
5. (Including affiliated company)
Main Dealing Banker: Bank of China (Hong Kong) Ltd., Hong Kong.
Banking Relation: Satisfactory.
ADDRESS
Registered Head Office:-
Room 913, 9/F., China Merchants Tower, Shun Tak Centre, 168‑200 Connaught
Road Central, Sheung Wan, Hong Kong.
Affiliated Company:-
Hoi Ling Industrial Ltd., Hong Kong.
(See attachment)
BUSINESS REGISTRATION NUMBER
22342024
COMPANY FILE NUMBER
0668377
MANAGEMENT
Managing Director: Mr. Li Zhiyong
CAPITAL
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of
HK$1.00 each)
Issued Share Capital: HK$10,000.00
SHAREHOLDERS
(As per registry dated 01-03-2011)
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Name |
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No. of shares |
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LI Zhiyong |
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5,100 |
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CHEN Fuyong |
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4,900 |
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–––––– |
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Total: |
10,000 ===== |
DIRECTORS
(As per registry dated 01-03-2011)
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Name (Nationality) |
Address |
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CHEN Fuyong |
Xinhua Road, Huakeng Huangpu District, Guangzhou, China. |
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LI Zhiyong |
Room 302, Block 6, The 3rd Street, Feng Yi Yuan Phoenix Town,
Guangzhou City, Guangdong Province, China. |
SECRETARY
(As per registry dated 01-03-2011)
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Name |
Address |
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LOK Wing Kam, Donna |
Room 3109, Cheuk Wah House, Hing Wah Estate Phase 1, Chai Wan,
Hong Kong. |
HISTORY
The subject was incorporated on 1st March, 1999 as a private limited
liability company under the Hong Kong Companies Ordinance.
Apart from these, neither material change nor amendment has been ever
traced and noted.
OPERATIONS
Activities: Importer, Exporter and Wholesaler.
Lines: All kinds of frozen
food, etc.
Employees: 5.
(Including affiliated company)
Commodities Imported: Europe, US, South America, etc.
Markets: Hong Kong, Macau, Japan, US, etc.
Terms/Sales:
L/C or as per
contracted.
Terms/Buying: L/C, T/T, D/P, etc.
FINANCIAL INFORMATION
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of
HK$1.00 each)
Issued Share Capital: HK$10,000.00
Mortgage or Charge: (See
attachment)
Profit or Loss: Making a small
profit every year.
Condition:
Keeping in a
satisfactory manner.
Facilities: Making
active use of general banking facilities.
Payment:
Met trade
commitments as required.
Commercial Morality: Satisfactory.
Bankers:-
Bank of China (Hong Kong) Ltd.,
Hong Kong.
CITIC Bank International Ltd., Hong Kong.
Standing:
Normal.
GENERAL
Having issued 10,000 ordinary shares of HK$1.00 each, Gold International
Ltd. is jointly owned by Mr. Chen Fuyong, holding 49% interests;
Mr. Li Zhiyong, holding 51%.
Chan and Li are also directors of the subject. Both of them are China passport holders and
do not have the right to reside in Hong Kong permanently. Currently, they are residing in Guangzhou
City, Guangdong Province, China.
The subject is a frozen foodstuff trader. It is trading in all kinds of frozen
foodstuffs including frozen meat and frozen aquatic products. Products are imported from India, Europe,
North America, Australia, New Zealand, South America, etc. Prime markets are China, other Asian
countries. Business is normal.
The subject has got an affiliated company Hoi Ling Industrial Ltd. [Hoi
Ling] located at its operating address.
It was jointly owned by Mr. Li Jin and Li Zhiyong. On 24th May, 2010 part of their shares were
transferred to Mr. Li Jinfa and Mr. Li Liyi. These two LIs are also China merchants and
residing in Guangzhou City, Guangdong Province, China.
Incorporated on 30th January, 1996, Hoi Ling is also a frozen foodstuff
trader.
As the history of the subject is over twelve years and seven months in
Hong Kong, on the whole, consider it good for normal business engagements.
MORTGAGE OR CHARGE
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Date |
Particulars |
Amount |
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21-06-1999 |
Instrument: Mortgage Property: 134/10,884th parts or shares of and in Sha Tin Town Lot No. 194 (House
No. A29 of Ville De Cascade, Nos. 2‑4 Lai Wo Lane, Fo Tan,
Shatin, New Territories, Hong Kong.) Mortgagee: Sin Hua Bank Ltd., Hong Kong
Branch. [Merged into Bank of China
(Hong Kong) Ltd.] |
To secure general banking facilities |
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01-03-2011 |
Instrument: Charge on Cash Deposit(s) Property: The Chargor, as beneficial owner, charges and agrees to charge to the
Bank by way of first fixed charge:- (a) the Chargor’s entire
right, title and interest in and to the Deposit; and (b) all rights and
benefits accruing to or arising in connection with the Deposit Mortgagee: CITIC Bank International Ltd.,
Hong Kong. |
All or any money and liabilities |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.87 |
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1 |
Rs.78.11 |
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Euro |
1 |
Rs.68.36 |
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.