MIRA
INFORM REPORT
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Report Date : |
07.11.2011 |
IDENTIFICATION DETAILS
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Name : |
IVIO INTERNATIONAL LTD. |
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Registered Office : |
12F., No.17, Sec. 1, Chengde Rd., Datong Dist., Taipei City 10351 |
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Country : |
Taiwan |
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Date of Incorporation : |
03.12.2010 |
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Com. Reg. No.: |
53114072 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Marketing and sales of mobile phones and modem, etc |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 10,000 |
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Status : |
Moderate |
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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
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Taiwan |
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 |
Contact Points
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
+886-2-2556-5801 |
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Fax Number: |
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E-mail: |
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: |
IVIO INTERNATIONAL LTD. |
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Registered Address: |
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Date of Foundation: |
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Registration Number: |
53114072 |
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Registry: |
Taipei City Government |
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Registered Capital: |
(As of 2011.11, 1 NTD = 0.0332 USD) |
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Paid-up Capital: |
NTD 14,900,000 (USD 494,680) |
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Legal Representatives: |
Yinjia Li |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock
Exchange: |
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Date of Last
Annual Return: |
Notes: Subject did not introduce its staff number;
from other source we can not obtain the relevant information, either.
History
Subject was incorporated on
Shareholders
|
Name |
Subscription Shares |
|
Yinjia Li |
1,043,000 |
|
Kunting Lv |
|
|
447,000 |
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The information
above is that of subject’s major shareholders.
Subsidiaries & Branches
Affiliated Companies
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1 |
|
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Name: |
PT. Intersys
(IVIO Indonesia) |
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Address: |
Komplek Rukan
Aries Niaga Blok A1 No.1R&S Jl. Taman Aries Niaga, Meruya Utara Jakarta
Barat 11620 Indonesia |
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Tel : |
+62-21-5890-6555 |
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Fax: |
+62-21-5890-6777 |
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2 |
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Name: |
Idea Internation Limited |
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Address: |
15/F, West Tower,
of Coastal City, Haide 3rd, Nanshan District, Shenzhen, China 518054 |
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Tel : |
+86-755-8278-2960 |
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Fax: |
+86-755-8278-3960 |
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3 |
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Name: |
Airlink Communication |
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Address: |
Office # 18 D,
Block E-II, Gulberg-III, Lahore, Pakistans |
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Tel : |
+92-42-35715113 |
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Fax: |
+92-41-35774481 |
Personnel Information
Core
Management
Directors
|
1 |
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Name |
Yinjia Li |
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Position |
Board Chairman |
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2 |
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Name |
Kunting Lv |
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Position |
Director |
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3 |
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Name |
Lirong He |
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Position |
Director |
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4 |
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Name |
Xiuqing Chen |
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Position |
Supervisor |
Operation Information
Offices
& Factories
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Headquarters |
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Add |
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Production
Information
l
Subject is a trader of mobile phones, modems and
other products without any production activities itself.
Purchase
Information
l
The major registered activities of subject:
|
Business Code |
Details |
|
F113020 |
Wholesales of Electric appliance |
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F113050 |
Wholesales of computers and working machines |
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F113070 |
Wholesales of Telecommunication equipment |
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F213010 |
Retails of Electric appliance |
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F213030 |
Retails of computers and working machines |
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F213060 |
Retails of Telecommunication equipment |
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F218010 |
Retails of Information Software |
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F299990 |
Other Retails Business |
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F401010 |
International Trading Business |
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ZZ99999 |
Besides licensed business, all other business items
those are not banned or restricted. |
l
Subject purchases mobile phones and modems from its
related company in Shenzhen, the mainland of China.
l
The subject is mainly engaged in marketing and sales
of mobile phones and modems, etc
l
Subject has its own brand named “IVIO”
l
Subject’s products are mainly sold in overseas
market of Indonesia, India, Middle East, South America and Africa, etc
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
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Mobile phones and modems, etc |
Interior settlement, etc |
100% |
Foreign Purchase
Subject has little import business
Sales
Domestic Markets
Subject has little domestic sales business
Export
|
Sales Terms |
Proportion |
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Mobile phones and modems, 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 Taiwan and the only source from which
we can obtain the information is the subject itself.
Subject’s relevant staff declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not obtain the
relevant information, either.
Bankers
Subject declined to disclose its bank details; from other source we can
not obtain the relevant information, either.
Public Record
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
Interview Details
|
Department |
Sales department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.08 |
|
|
1 |
Rs.78.65 |
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Euro |
1 |
Rs.67.79 |
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 |
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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 |
|
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 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.