MIRA INFORM REPORT
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Report Date : |
06.04.2012 |
IDENTIFICATION DETAILS
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Name : |
TONG HO CHEMICAL & ENTERPRISE CORP. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
09.05.1967 |
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Com. Reg. No.: |
11328473 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade
of chemical products, such as fertilizer, bactericide |
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No. of Employees
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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 60,000 |
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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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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 |
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Credit Rating: |
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Credit Opinion: |
According to the supplied name and address, we found a
telephone number (+886 2-27719336).And
a staff answered the phone, but she
declined to disclose any information about subject, except the name and the
address.
We found subject’s
registration information as follows for reference.
Note:
Subject declined to disclose the staff number, and from other sources, we couldn’t obtain the information, either.
Subject was incorporated on
|
Name |
Subscription
Amount |
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Caiyun Chen Zhang |
1,000 |
| Yinglong
Zhang |
13,600 |
|
Meihui Zhang |
12,410 |
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Yingqi Zhang |
12,010 |
The information above is that of subject’s major shareholders.
Core
Management
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1 |
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Name |
Caiyun Chen Zhang |
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Position |
Board of
Chairman |
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2 |
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Name |
Yinglong Zhang |
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Position |
Director |
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3 |
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Name |
Meihui Zhang |
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Position |
Director |
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4 |
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Name |
Yingqi Zhang |
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Position |
Supervisor |
Offices
& Factories
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Headquarters |
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Add |
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Operation
Information
l
The registered activities of subject:
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Business Code |
Details |
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1 |
Manufacture and trade of agriculture agents |
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2 |
Manufacture and trade of kinds of chemical raw
material |
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3 |
Import
and export business |
l
From other sources, we
found that subject is mainly engaged in manufacturing and trading of chemical
products, such as the fertilizer, bactericide and so on, since subject refused
to confirm the information, we can not confirm the information.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Subject declined to disclose the settlements information, and from other
sources, we couldn’t obtain the information, either.
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.
The bankers’ information is not available from the subject or other
sources.
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.
Note:
The staff declined to disclose her name.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.05 |
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UK Pound |
1 |
Rs.81.09 |
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Euro |
1 |
Rs.67.39 |
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.