MIRA
INFORM REPORT
|
Report Date : |
14.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
PING TAI ENTERPRISE CO., LTD. |
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Registered Office : |
12/F, No.5, Chung Hwa 3rd Road, Kaohsiung 80145 |
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Country : |
Taiwan |
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Date of Incorporation : |
21.10.1976 |
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Com. Reg. No.: |
91743261 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Company is working in Food retailers, Fishmonger, Farming, Agricultural services, and Agriculture business activities. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 50,000 |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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: |
12/F, NO.5, CHUNG HWA 3RD ROAD, KAOHSIUNG
80145 TAIWAN R.O.C. , Taiwan |
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Supplied Address: |
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Telephone Number: |
+886-7-2152-767 |
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Fax Number: |
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E-mail: |
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Special notes
According to the name and address We found the telephone number ‘+886-7-2152767’, We contact the subject and a
lady answered the phone, She confirmed the name and address of the subject, but
she declined to tell us more details, even her name.
The registration files show that subject is
engaged in doing business of importing and exporting trade, since we did not get in touch with subject, we cannot confirm the
information.
We found subject’s registration information as
follows for reference.
Company Identification Details
Subject did not
introduce its staff number; from other source we cannot obtain the relevant information,
either.
History
Subject was incorporated on 1976-10-21 with registered
number 91743261 as Limited Liability Company in Taiwan.
Shareholders
|
Name |
Subscription Amount |
|
Yuting Wu |
1,400,000 |
|
Zhili Wu |
|
|
750,000 |
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|
Jingyi Wu |
700,000 |
|
Jizhu Chen |
750,000 |
The information
above is that of subject’s major shareholders.
Subsidiaries & Branches
|
1 |
|
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Name |
|
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Registered
Address |
12F, 71~75,
Chung-Hsiao East Road, Sec. 4, Taipei |
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Telephone Number |
+886-2-27729966 |
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2 |
|
|
Name |
|
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Registered
Address |
2F, No. 133,
Sec. 2, Huan-Shan Rd., 114, Taipei |
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Telephone Number |
+886-2-26589568 |
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3 |
|
|
Name |
|
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Registered
Address |
60 Baochang Rd.,
Yunlin Hsien, Touliu |
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Telephone Number |
+886-5-5323971,
5329283 |
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4 |
|
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Name |
|
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Registered
Address |
No. 25, Lane 55,
Kuang Hwa Rd., Ching Swi, Taichung Hsien |
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Telephone Number |
+886-4-25641700,
26224161 |
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5 |
|
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Name |
|
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Registered
Address |
11F, No. 21,
Sec. 2, Chung Hsin Rd., Taipei Hsien, Sanchung |
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Telephone Number |
+886-2-29880020 |
Personnel Information
Core
Management
Directors
|
1 |
|
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Name |
Yuting Wu |
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Position |
Director |
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2 |
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Name |
Zhili Wu |
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Position |
Director |
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3 |
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Name |
Jingyi Wu |
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Position |
Director |
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4 |
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Name |
Jizhu Chen |
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Position |
Controller |
Operation Information
Offices
& Factories
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|
Headquarters |
|
Address: |
12/F, NO.5, CHUNG
HWA 3RD ROAD, KAOHSIUNG 80145 TAIWAN R.O.C. , Taiwan |
Operation
Information
We contacted the subject, the subject introduced that they did not
export. They only sell their products to the domestic market. But it declined
to provide further information. And we have known that they are doing export
trade and processing trade from the registered files as following.
|
1 |
The subject import and export of all kinds of aquatic products and
processing trade. |
|
2 |
The subject import and export of products,
it also doing agricultural and livestock products processing trade. |
|
3 |
Wood, rattan wood and building materials
import and export and processing trade. |
|
4 |
Engaged in ocean offshore fishing business and feed food grocery
business |
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 did not introduce its bank details; from
other source we can not obtain the relevant information, either.
Public Record
Mortgage
Record
No 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.49.02 |
|
|
1 |
Rs.77.13 |
|
Euro |
1 |
Rs.67.55 |
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 |
|
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 |
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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.