MIRA INFORM REPORT
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Report Date : |
19.09.2011 |
IDENTIFICATION DETAILS
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Name : |
TAHOVA METAL CO., LTD. |
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Registered Office : |
1F., No.529, Youyuan N. Rd., Longjing Dist., Taichung City
434 |
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Country : |
Taiwan |
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Date of Incorporation : |
04.02.2004 |
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Com. Reg. No.: |
80644715 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Besides licensed business, all other business items those are not
banned or restricted |
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 10,000 |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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. 61, Hsing Kung Road Shen Kang, Changhua, Taiwan, (R.O.C.) |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Special
Note
According to the
supplied name and address, we
found the telephone number of subject (+886
4-7989-600). And the staff Ms. Xie declined to disclose any information
about subject except the name and the address of subject.
The registration files show that subject is
engaged in besides licensed business,
all other business items those are not banned or restricted, since we
did not get in touch with subject, we can not confirm the information.
We found subject’s registration information
as follows for reference.
Company
Identification Details
The staff number is not available from the
subject or other sources.
History
Subject was incorporated on
Shareholders
|
Name |
Subscription
Amount |
|
Lizhen Chen |
17,000,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Personnel
Information
Core Management
|
Name |
Lizhen Chen |
|
Position |
Director |
Operation
Information
Offices & Factories
|
|
Headquarters
|
|
Add |
No. 61, Hsing
Kung Road Shen Kang, Changhua, Taiwan, (R.O.C.) |
Operation Information
We contacted the
subject unsuccessfully.
We obtained the
registered activities of the subject as follows for reference.
l
The
registered activities of subject:
|
Business Code |
Details
|
|
ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
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Import
right |
Yes |
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Export
right |
Yes |
Settlements
Subject declined to
disclose any information about settlements, and we couldn’t found the
information from other sources.
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. Xie declined to disclose its financials citing the grounds of
company’s confidentiality; from other source we can not obtain the relevant
information, either.
Bankers
The banker’s
information is not available from the subject or other sources.
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. Xie |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.47 |
|
UK Pound |
1 |
Rs.74.96 |
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Euro |
1 |
Rs.65.79 |
RATING EXPLANATIONS
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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 |
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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 |
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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 |
|
<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.