MIRA INFORM REPORT
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Report Date : |
10.11.2011 |
IDENTIFICATION DETAILS
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Name : |
PRO-PACK MATERIALS PTE LTD |
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Formerly Known As : |
Consbuild Materials Supply Pte Ltd |
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Registered Office : |
970 Toa Payoh North #04-18 Toa Payoh Industrial Estate Singapore 318992 |
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Country : |
Singapore |
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Date of Incorporation : |
01.12.1984 |
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Com. Reg. No.: |
198404225G |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Trading of materials for clean room; installation of clean room, 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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Maximum Credit Limit : |
USD 80,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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: |
Pro-Pack Materials Pte Ltd |
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Former Name: |
Consbuild
Materials Supply Pte Ltd |
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Supplied Name: |
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970 Toa Payoh North #04-18 Toa
Payoh Industrial Estate Singapore 318992 |
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Supplied
Address: |
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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: |
970 Toa Payoh North #04-18 Toa Payoh Industrial Estate Singapore
318992 |
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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 3,500,000
(USD 2,755,200) (As of 2011.11,
1 SGD = 0.7872 USD) |
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Paid-up Capital: |
SGD 3,500,000 (USD
2,755,200) = 3,500,000 Shares@1 SGD |
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Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
Trading of
materials for clean room; installation of clean room, etc |
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About 160
employees (estimated) |
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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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Consbuild Materials Supply Pte Ltd |
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Pro-Pack Materials Pte Ltd |
Shareholders
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Subscription Amount |
Proportion of Investment (%) |
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700,000 |
20% |
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Leong Chee Keong |
700,000 |
20% |
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Sia Tuck Mun, Christopher |
175,000 |
5% |
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Koh Huay Ching, Angeline |
1,925,000 |
55% |
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Total |
3,500,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
See Hoo Ann |
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ID Number: |
S0023724H |
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Address: |
37 Fulton Avenue
Fulton Hill Singapore 579000 |
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2 |
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Name: |
Leong Chee Keong |
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ID Number: |
S1380190H |
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Address: |
213 Choa |
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3 |
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Name: |
Sia Tuck Mun,
Christopher |
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ID Number: |
S6911176I |
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Address: |
226 Ang Mo Kio Avenue
1 #12-613 Singapore 560226 |
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4 |
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Name: |
Koh Huay Ching,
Angeline |
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ID Number: |
S8026436D |
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Address: |
166 Lentor Loop
#14-03 Bullion Park Singapore 789097 |
Subsidiaries &
Branches
It is introduced that
subject has operations in 6 countries including Singapore, Malaysia, Thailand,
Indonesia, India and China.
While subject’s
Lily did not disclose further details.
Management
Information
Detailed
Information of Management:
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1 |
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Name: |
See Hoo Ann |
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Position: |
Director |
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ID Number: |
S0023724H |
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Address: |
37 Fulton Avenue
Fulton Hill Singapore 579000 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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2 |
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Name: |
Wong Hon Tong |
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Position: |
Secretary |
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ID Number: |
S0386272J |
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Address: |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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3 |
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Name: |
Leong Chee Keong |
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Position: |
Director |
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ID Number: |
S1380190H |
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Address: |
213 Choa |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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4 |
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Name: |
Sia Tuck Mun,
Christopher |
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Position: |
Director |
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ID Number: |
S6911176I |
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Address: |
226 Ang Mo Kio Avenue
1 #12-613 Singapore 560226 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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5 |
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Name: |
Koh Huay Ching,
Angeline |
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Position: |
Director |
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ID Number: |
S8026436D |
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Address: |
166 Lentor Loop #14-03
Bullion Park Singapore 789097 |
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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: |
970 Toa Payoh North #04-18 Toa Payoh Industrial Estate
Singapore 318992 |
Production
Information
l
Subject is materials trader and service supplier
for clean room construction.
Purchase
Information
l
Subject purchases both at home and abroad and it is
introduced that subject has stable suppliers of materials and equipment
including ACL Staticide, Credence Technologies, Inc. Dupont Nonwovens, DESCO
ASIA, EMIT, Elecreo-tech systems, inc., Gerflor, HK Floors, ideal-tek s.a.,
MENDA, Oriteq, Prostat Corporation, Staticflor, Static Solutions, Inc.
Sales
Information
l
Subject is engaged in sales of materials and
equipment for clean room.
l
Subject also supplies the supporting service
of its products
l
Subject’s products are both sold in domestic and
overseas market and it is introduced that subject has subsidiaries and related
companies in 6 countries including Singapore to serve the customers in different
regions and all the materials are supplied by the subject in Singapore.
Major products and
service:
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Solder
Paste Inspection System (SPI) Automated
Optical Inspection System (AOI) |
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Resistance / Resistivity Tester
Humidity
and Temperature Chamber |
Settlements
Purchase
Domestic Markets
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Products |
Payment Terms |
Proportion |
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Raw materials
and equipment, etc |
COD, etc |
100% |
Overseas Markets
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Products |
Payment Terms |
Proportion |
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Raw materials
and equipment, etc |
CBD, etc |
100% |
Domestic Markets
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Sales Terms |
Proportion |
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Materials and
service for clean room |
COD, CBD, etc |
100% |
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Product |
Sales Terms |
Proportion |
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Materials and
service for clean room |
Interior
settlement, CBD, etc |
100% |
Financial
Information
We did not find any
financial information of subject in the local registry, and the only source
from which we can obtain the information should be the subject itself.
Subject’s relevant
staff Lily 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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1 |
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Charge Number |
199706008 |
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Date of
Registration |
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Name |
Malayan Banking
Berhad |
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All Monies |
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2 |
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Charge Number |
9602507 |
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Date of
Registration |
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Name |
The Development
Bank Of Singapore Limited |
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Amount Secured |
All Monies |
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3 |
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Charge Number |
C200305741 |
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Date of
Registration |
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Name |
DBS Bank Ltd. |
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Amount Secured |
All Monies SEE
HOO ANN |
Auditors
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Name: |
Shangyew Public
Accounting Corporation |
Interview
Details
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Name: |
Lily |
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Department: |
Sales department
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.78 |
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UK Pound |
1 |
Rs.80.11 |
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Euro |
1 |
Rs.68.82 |
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.