MIRA INFORM REPORT

 

 

Report Date :

12.04.2012

 

IDENTIFICATION DETAILS

 

Name :

GLOBAL  MOBILE  COMMUNICATION  (HK)  LTD.

 

 

Registered Office :

c/o Worldtrade Business Consulting (HK) Ltd.

Flat A, 7/F., Kwun Ngan House, 751A Nathan Road, Mongkok, Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

12.08.2010

 

 

Com. Reg. No.:

52774302

 

 

Legal Form :

Private Limited Company.

 

 

Line of Business :

Importer, Exporter and Wholesaler of all kinds of mobile phones, etc.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

No operating office in Hong Kong

Payment Behaviour :

Unknown

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)

Hong Kong

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name

 

GLOBAL  MOBILE  COMMUNICATION  (HK)  LTD.

 

 

Company ADDRESS

 

c/o Worldtrade Business Consulting (HK) Ltd.

Flat A, 7/F., Kwun Ngan House, 751A Nathan Road, Mongkok, Kowloon, Hong Kong.

 

PHONE:                  2390 6062,  3590 5621

 

FAX:                       2512 0580

 

 

MANAGEMENT

 

Managing Director:  Mr. Jiang Zhuang

 

 

SUMMARY

 

Incorporated on:             12th August, 2010.

 

Organization:                 Private Limited Company.

 

Capital: Nominal:           HK$10,000.00

Issued:                          HK$10,000.00

 

Business Category:        Importer, Exporter and Wholesaler.

 

Employees:                   Nil.

 

Main Dealing Banker:     The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Banking Relation:           Satisfactory.


Company name

 

 GLOBAL  MOBILE  COMMUNICATION  (HK)  LTD.

 

 

Company ADDRESS

 

Registered Head Office:-

c/o Worldtrade Business Consulting (HK) Ltd.

Flat A, 7/F., Kwun Ngan House, 751A Nathan Road, Mongkok, Kowloon, Hong Kong.

 

Holding Company:-

Asia Electronics Investment Ltd., British Virgin Islands.

 

 

BUSINESS REGISTRATION NUMBER

 

52774302

 

 

COMPANY FILE NUMBER

 

1492255

 

 

MANAGEMENT

 

Managing Director:  Mr. Jiang Zhuang

 

 

CAPITAL

 

Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital: HK$10,000.00

 

 

SHAREHOLDER

(As per registry dated 12-08-2011)

Name

 

No. of shares

Asia Electronics Investment Ltd.

Commence Chambers, P.O. Box 2208, Road Town, Tortola, British Virgin Islands.

 

10,000

=====

 

 

DIRECTOR

 

(As per registry dated 12-08-2011)

Name

(Nationality)

 

Address

JIANG Zhuang

Room 502/602, Block B, Huayuancheng Digital Building, 1079 Nanhai Road, Shekou, Nanshan District, Shenzhen, China.

 

 

SECRETARY

 

(As per registry dated 12-08-2011)

Name

Address

Co. No.

Worldtrade Business Consulting (HK) Ltd.

Flat A, 7/F., Kwun Ngan House, 751A Nathan Road, Mongkok, Kowloon, Hong Kong.

1004807

 

 

HISTORY

 

The subject was incorporated on 12th August, 2010 as a private limited liability company under the Hong Kong Companies Ordinance.

Apart from these, neither material change nor amendment has been ever traced and noted.

 

OPERATIONS

 

Activities:                                  Importer, Exporter and Wholesaler.

 

Lines:                                       All kinds of mobile phones, etc.

 

Employees:                               Nil.

 

Commodities Imported:               China, etc.

 

Markets:                                   China, other Asian countries, etc.

 

Terms/Sales:                             L/C, T/T, etc.

 

Terms/Buying:                           L/C, T/T, etc.

 

FINANCIAL INFORMATION

 

Nominal Share Capital:               HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital:                 HK$10,000.00

 

Profit or Loss:                            Keeping a balance account in Hong Kong.

 

Condition:                                  Business is not active in Hong Kong.

 

Facilities:                                  Making fairly active use of general banking facilities.

 

Payment:                                  Met trade commitments as required.

 

Commercial Morality:                 Satisfactory.

 

Banker:                                     The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Standing:                                  Small.

 

 

GENERAL

 

Having issued 10,000 ordinary shares of HK$1.00 each, Global Mobile Communication (HK) Ltd. is a wholly owned Asia Electronics Investment Ltd. which is a BVI-registered firm.  The director of the subject Mr. Jiang Zhuang is a China merchant.  He is a China ID Card holder and does not have the right to reside in Hong Kong permanently.  Currently he is residing in Shenzhen Special Economic Zone, China.

The subject does not have its own operating office.  Its registered office is in a commercial service firm located at Flat A, 7/F., Kwun Ngan House, 751A Nathan Road, Mongkok, Kowloon, Hong Kong known as Worldtrade Business Consulting (HK) Ltd. which is handling its correspondences and documents.  This firm is also the corporate secretary of the subject.

The subject has no employees in Hong Kong.

The subject is trading in all kinds of mobile phones and accessories.  It is carrying GSM/PCS mobile phones and accessories.  The subject has registered with the Office of the Communications Authority [OFCA], The Government of Hong Kong SAR, the People’s Republic of China as a Radio Dealer (Unrestricted) Licensee.  The subject bears the licence No. of RU00142606-RU.

Formerly the subject had an associated company Water World Technology Co. Ltd. [Water World] which was in Shenzhen SEZ, China.  Now, this firm has been dissolved.

Water World was established in August 2006.  It was engaged in designing mobile phones.  It was also engaged in manufacturing and supplying mobile phones to the global market.  Water World had full product lines including WCDMA, CDMA, GSM and EVDO terminals, and also provided total solution and service to global customers, such as ID/MD, HW/SW design, PCBA manufacturing, testing, QA, etc.  Water World was also owned and operated by Jiang Zhuang.

It seems that the subject has had another associated company in Shenzhen SEZ, China.

The subject’s business in Hong Kong is not active.  History in Hong Kong is just over a year and eight months.

Since the subject does not have its own operating office, history is short and has no employees in Hong Kong, consider it good for business engagements on L/C basis.

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.54

UK Pound

1

Rs.81.94

Euro

1

Rs.67.56

 

 

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

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

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

--

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.