MIRA INFORM REPORT
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Report Date : |
11.10.2011 |
IDENTIFICATION DETAILS
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Name : |
TSEL TECHNOLOGY INC. |
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Registered Office : |
No.76, Sec. 3, Zhongxing
Rd., Zhudong Township, Hsinchu County 31054 |
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Country : |
Taiwan |
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Date of Incorporation : |
12.07.2010 |
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Com. Reg. No.: |
53070898 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading of meal materials, etc |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 20,000 |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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: |
No. 753-5, Ming Hu Road, East District,
Hsinchu City 300 , Taiwan |
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Supplied Address: |
No. 753-5, ming Hu Road, East District,
Hsinchu City 300 , TW |
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Telephone Number: |
Notes: Subject’s exact name and current 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: |
TSEL TECHNOLOGY INC. |
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Registered Address: |
No.76, Sec. 3, Zhongxing Rd., Zhudong Township, Hsinchu County 31054,
Taiwan (R.O.C.) |
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Date of Foundation: |
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Registration Number: |
53070898 |
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Registry: |
MOEA Central Office |
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Registered Capital: |
(As of 2011.10 1 NTD = 0.0329 USD) |
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Legal Representatives: |
Yixiang Lan |
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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: |
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
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Name |
Subscription Amount |
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Yixiang Lan |
1,000,000 |
Subsidiaries &
Branches
Personnel
Information
Core
Management
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Name |
Yixiang Lan |
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Position |
Director |
Operation
Information
Offices
& Factories
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Headquarters |
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Add |
No. 753-5, Ming Hu Road, East District, Hsinchu City 300 , Taiwan |
Production
Information
l
Subject is a trader of metal materials and LED
materials without any production activities
Purchase
Information
l
The major registered activities of subject:
|
Business Code |
Details |
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F113010 |
Wholesales of machinery |
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F113030 |
Wholesales of Precision instrument |
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F113050 |
Wholesales of computers and working machines. |
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F119010 |
Wholesales of electronic materials |
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F213040 |
Retails of Precision instrument |
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F219010 |
Retails of electronic materials |
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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 both at home and abroad.
l
The subject is mainly engaged in sales of metal
materials and LED materials including Sn, Ga, and sapphire
lining for LED, etc
l
Subject’s products are both sold in domestic and
overseas market, it is introduced that subject sells materials to Taiwan and
the mainland of China, and also has export business.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
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Payment Terms |
Proportion |
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Industrial materials |
COD, CBD, etc |
100% |
Foreign Purchase
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Payment Terms |
Proportion |
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Industrial materials |
CBD, etc |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Industrial materials |
CBD, etc |
100% |
Export
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Sales Terms |
Proportion |
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Industrial materials |
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 Mr. Lan 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
|
Name |
Mr. Lan |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.07 |
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UK Pound |
1 |
Rs.76.65 |
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Euro |
1 |
Rs.66.17 |
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.