MIRA INFORM REPORT
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Report Date : |
03.04.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
FIDA INT'L (S) PTE LTD |
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Formerly Known As : |
Fichain International (S) Pte Ltd |
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Registered Office : |
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Country : |
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Date of Incorporation : |
30.04.1991 |
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Com. Reg. No.: |
199101937H |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Trading of technology products and products of
"Prolink" |
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No. of Employees
: |
Not Available |
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 50,000 |
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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 – 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 |
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Company Name: |
Fida Int'l (S) Pte Ltd |
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Former: |
Fichain
International (S) Pte Ltd |
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Supplied Name: |
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Block 16 Kallang Place, #06-02 Kallang Basin Industrial Estate, Singapore
339156. |
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Supplied
Address: |
Block 16, Kallang Place, #06-02 Kallang Basin Industrial Estate,
Singapore 339156 |
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Fax Number: |
Notes:
Subject’s exact name and
address are as above.
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Credit Rating: |
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Credit Opinion: |
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Registered
Name: |
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Registered
Address: |
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Date
of Registration:: |
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Registered
Number: |
199101937H |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
SGD 400,000 (USD 312,120) (As of 2012.03,
1 SGD = 0.7803 USD) |
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Paid-up
Capital: |
SGD 400,000 (USD
312,120) = 400,000 Shares@1 SGD |
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Legal
Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
Trading of
technology products and products of "Prolink" |
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N/A |
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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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Notes: The staff number is not available from subject or other sources.
Subject was incorporated on
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Date
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Change
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Fichain International (S) Pte Ltd |
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Fida Int'l (S) Pte Ltd |
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Subscription Amount |
Proportion of Investment (%) |
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138,000 |
34.5% |
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Huang Li-Yu |
262,000 |
65.5% |
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Total |
400,000 |
100% |
Major Shareholder Information:
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1 |
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Name: |
Chien
Kang-Min |
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ID Number: |
200481721 |
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Address: |
No.
38-3, Gugong Road, Shilin Dist., Taipei City 111, Taiwan |
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2 |
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Name: |
Huang Li-Yu |
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ID Number: |
S2609370H |
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Address: |
152 Prince Charles Crescent
#06-14 Tanglin View Singapore 159013 |
Subject did not
register any subsidiaries or branches; from other source we can not obtain the
relevant information, either.
Detailed Information of Management:
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1 |
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Name: |
Chien Kang-Min |
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Position: |
Director |
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ID Number: |
200481721 |
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Address: |
No. 38-3, Gugong
Road, Shilin Dist., Taipei City 111, Taiwan |
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Nationality: |
Taiwanese |
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Date of
Appointment: |
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2 |
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Name: |
Teng Seok Goh |
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Position: |
Secretary |
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ID Number: |
S2010054J |
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Address: |
17 Jubilee Road
Singapore 128549 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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3 |
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Name: |
Huang Li-Yu |
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Position: |
Director |
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ID Number: |
S2609370H |
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Address: |
152 Prince Charles
Crescent #06-14 Tanglin View Singapore 159013 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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4 |
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Name: |
Wang Hsiao Tsu @
Charlotte Wang |
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Position: |
Director |
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ID Number: |
S |
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Address: |
152 Prince Charles
Crescent #06-14 Tanglin View Singapore 159013 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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Offices & Factories
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Office |
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Address: |
Block 16 Kallang Place, #06-02 Kallang
Basin Industrial Estate, Singapore 339156. |
Purchase
l
Subject
purchases electrical goods.
l
Subject
mainly imports from foreign markets.
Sales Information
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Subject
is mainly engaged in trading of electrical products.
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Subject’s
products include Laptop & Netbook, Communication, Display Monitor, Power
Backup, Gadgets etc.
l
Subject
is a supplier of technologically innovative and user-friendly products of
"PROLiNK".
l
Subject
also provides solutions for customers.
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Subject’s
main markets are domestic markets.
Purchase
Domestic
Markets
Notes: Subject seldom purchases from domestic
markets.
Overseas
Markets
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Product |
Sales Terms |
Proportion |
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Electrical
goods. |
CBD, etc |
100% |
Domestic
Markets
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Sales Terms |
Proportion |
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Electrical
products, etc. |
COD, CBD, etc |
100% |
Overseas
Markets
Notes:
Subject has little export
business.
In Singapore, Limited
Exempt Private Companies are not obligated to submit their financial statements
to the local registry.
The subject also
declined to disclose such information due to the confidentiality reason; from
other source we can not obtain the relevant information, either.
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Charge Number: |
C200901746 |
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Date of
Registration: |
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Name: |
United Overseas Bank Limited |
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Amount Secured: |
All Monies |
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Name: |
Edwin Tay & Co. |
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Name: |
Mr. Huang |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.16 |
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UK Pound |
1 |
Rs.81.79 |
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Euro |
1 |
Rs.68.34 |
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.