MIRA INFORM REPORT
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Report Date : |
07.11.2011 |
IDENTIFICATION DETAILS
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Name : |
TENOIT CO LTD |
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Registered Office : |
RM-4-5 FL No. 109
Sec-6, Ming Quan R. Rd., Taipei |
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Country : |
Taiwan |
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Date of Incorporation : |
30.08.2007 |
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Com. Reg. No.: |
28705747 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
supply of
petroleum, plastics and chemical resources. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
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 : |
Small Company |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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: |
+886-02-8792-2185 |
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Fax Number: |
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E-mail |
Notes:
The supplied
address is incomplete; the complete one is shown as above.
Credit
Summary
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Credit Rating: |
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|
Credit Opinion: |
Company Identification
Details
History
Subject
was incorporated on
Shareholders
|
Name |
Subscription
Amount |
|
Hong
Zhou |
40,000,00 |
Personnel
Information
Core Management
|
Hong Zhou |
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|
Position |
Director |
Operation
Information
Offices & Factories
|
|
Headquarters
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|
Address |
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Production Information
l
Primary
business of the subject includes supply of refined petrochemical resources
which sell to all over the world.
Purchase Information
l
The main
activity of the subject:
|
Business Code |
Details
|
|
F112040 |
Wholesale
of petrochemical |
|
F401010 |
International
trade of petrochemical |
l
The
products are mostly purchased from CNPC in Taiwan.
Sales Information
l
Primary
business of TENOIT CO. LTD. includes supply of refined petrochemical resources
.In order to supply and sustain oil resources, we work on international
cooperation and cross-strait economic cooperation.
l
The
subject sells Petrochemical products not only supply the domestic markets but
also export to China, Middle East, India, Australia and Japan.
Major products sold
|
1 |
Product |
|
2 |
BOER 60
(Base oil) |
|
3 |
BOER
100 (Base oil) |
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4 |
BOER
L150 (Base oil) |
|
5 |
CHNY_PA |
|
6 |
COFP_CALCIUM
OXIDE |
|
7 |
TOAP 20
BS X (PETROLEUM SPECIALITIES ) |
|
8 |
TOAP 20
BS (PETROLEUM SPECIALITIES ) |
|
9 |
TOAP 20
(PETROLEUM SPECIALITIES ) |
|
10 |
BMCPC-BITUMEN
60-70 (BITUMEN) |
Import and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Settlements
Purchase
Domestic
Purchase
|
Product |
Payment
Terms |
|
Petrochemical
products |
COD,
Credit Sales, etc |
Foreign
Purchase
|
Product |
Payment
Terms |
|
Petrochemical
products |
CBD,
etc |
Sales
Domestic
Markets (Taiwan)
|
Petrochemical
products |
|
|
Payment
Terms |
COD,
etc |
Export
|
Product |
Payment
Terms |
|
Petrochemical
products |
L/C,
etc |
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 Ms. Emily declined to discloses its financials citing the grounds of
company’s confidentiality; from other source we can not obtain the relevant
information, either.
Bankers
Subject did not introduce its bank details; from other source we cannot 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
|
Name |
Ms Emily |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.08 |
|
UK Pound |
1 |
Rs.78.65 |
|
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 |
|
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 |
|
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 |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
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.