MIRA INFORM REPORT

 

 

Report Date :

10.10.2011

 

IDENTIFICATION DETAILS

 

Name :

POINT OF VIEW ASIA CORP.

 

 

Formerly Known As :

POINT OF VIEW GRAPHICS ASIA CORP.

 

 

Registered Office :

14F.-3, No.176, Jian 1st Rd., Zhonghe Dist., New Taipei City 235

 

 

Country :

Taiwan

 

 

Date of Incorporation :

17.08.1998

 

 

Com. Reg. No.:

16575852

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture and sales of electronic components

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 30,000

Status :

Moderate

Payment Behaviour :

No Complaints

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)

Taiwan

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Contact Points

 

Company Name:

POINT OF VIEW ASIA CORP.

Former Name:

POINT OF VIEW GRAPHICS ASIA CORP.

Supplied Name:

Point of View Asia Corp

Trading Address:

14F.-3, No.176, Jian 1st Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

Supplied Address:

No. 14F-3, NO. 176, Jian Yi Road, Chung Ho City, 23552, Taipei Hsien, Taiwan

Telephone Number:

+886-2-8227-8879

Fax Number:

+886-2-8227-8878

E-mail:

fannie@pointofview-online.com

 

Credit Summary

 

Credit Rating:

Maximum credit USD 30,000

Credit Opinion:

Business connections are permissible.

 

Company Identification Details

 

Registered Name:

POINT OF VIEW ASIA CORP.

Registered Address:

14F.-3, No.176, Jian 1st Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

Date of Foundation:

1998-8-17

Registration Number:

16575852

Registry:

New Taipei City Government

Registered Capital:

NTD 5,000,000 (USD 164,000)

(As of 2011.10, 1 NTD = 0.0328 USD)

Legal Representatives:

Sujun Sun

Legal Form:

Private Limited Company

Principal Activities:

Manufacture and sales of electronic components

Staff:

Less than 50 employees

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-6-28

 

History

 

Subject was incorporated on 1998-8-17 with registered number 16575852 as Private Limited Company in Taiwan.

 

Change of Name

Former English Name

POINT OF VIEW GRAPHICS ASIA CORP.

Current English Name

POINT OF VIEW ASIA CORP.

 

Shareholders

(Unit: NTD)

Name

Subscription Amount

Sujun Sun

1,250,000         

 

 

The information above is that of subject’s major shareholders.

 

Subsidiaries & Branches

 

It is introduced that subject has related companies in America and Europe, while the details are not disclosed.

 

Personnel Information

Core Management

 

Director

Name

Sujun Sun

Position

Director

 

Personnel Structure

 

Total Employees

Less than 50 employees

 

Operation Information

 

Offices & Factories

 

 

Headquarters

Add

14F.-3, No.176, Jian 1st Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

 

Production Information

l         Subject is a manufacturer of electronic components such as gaming graphics cards

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

CC01050

Manufacture of data storage and processing equipment

CC01080

Manufacture of electronic components

F401010

International Trading Business

CB01020

Manufacture of working machines

F119010

Wholesales of electronic materials.

F113050

Wholesales of working machines and equipments

ZZ99999 

Besides licensed business, all other business items those are not banned or restricted.

 

l         Subject did not introduce its purchasing information.

 

Sales Information

 

l         Subject is engaged in sales of computer hardware (gaming graphics cards).

l         Subject’s products are branded NVDIA

l         Most of subject’s sales are in Europe, as it serves more than 30 European countries

 

Import and export right:

Import right

Yes

Export right

Yes

 

Settlements

 

Purchase

 

Subject did not introduce its purchasing terms.

 

Sales

 

Domestic Markets

 

Subject’s products are mainly exported

 

Export

Product

Sales Terms

Proportion

Gaming graphics cards, 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 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.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.14

UK Pound

1

Rs.75.97

Euro

1

Rs.65.99

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.