MIRA INFORM REPORT
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Report Date : |
17.04.2012 |
IDENTIFICATION DETAILS
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Name : |
INTERNATIONAL BUSINESS NETWORKS PTE. LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
07.01.2011 |
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Com. Reg. No.: |
201100775M |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Trading of Quinine and Quinine
derivatives for pharmaceutical and beverage uses |
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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 5,000 |
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Status : |
Small Company |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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: |
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Supplied Name: |
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10 Admiralty Street #04-13 North Link Building Singapore
757695 |
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Supplied
Address: |
10 Admiralty Street #04-13 North Link Building Singapore 757695 |
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Fax Number: |
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Credit Rating: |
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Credit Opinion: |
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Registered
Name: |
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Registered
Address: |
10 Admiralty Street #04-13 North Link Building Singapore
757695 |
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Date
of Registration:: |
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Registered
Number: |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
SGD
200,000.00 (USD 160,233) (As
of 2012.4, 1 SGD = 0.80117 USD) |
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Paid-up
Capital: |
SGD
200,000.00 (USD 160,233) = 200,000 Shares@1 SGD |
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Legal
Form: |
Private
Limited Exempt Company |
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Principal
Activities: |
Trading of Quinine and Quinine
derivatives for pharmaceutical and beverage uses. |
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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: |
N/A |
Note:
Information on staff number is not available from subject or other source.
Subject was incorporated on
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Subscription Amount |
Proportion of Investment (%) |
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PREMARAJAN
PONNAMBATH |
200,000 |
100% |
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Total |
200,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
PREMARAJAN
PONNAMBATH |
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ID Number: |
S2636924Z |
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Address: |
65 ROSEWOOD DRIVE
#01-21 ROSEWOOD SUITES Singapore 737875 |
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Nationality: |
Singapore P.R. |
Subject did not
register any subsidiaries or branches, from other source we can not obtain the
relevant information, either.
Core Management
Detailed
Information of Management:
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1 |
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Name: |
PREMARAJAN
PONNAMBATH |
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Position: |
Director |
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ID Number: |
S2636924Z |
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Address: |
65 Rosewood
Drive #01-21 Rosewood Suites Singapore 737875 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
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2 |
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Name: |
LIM SIEW LEE |
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Position: |
Director/ Secretary |
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ID Number: |
S |
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Address: |
65 Rosewood
Drive #01-21 Rosewood Suites Singapore 737875 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
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Offices
& Factories
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Office |
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Address: |
10 Admiralty Street #04-13 North Link Building Singapore 757695 |
Production
Information
l
Subject is a trader of quinine and quinine products
without any production activities
Purchase
l
The productions are mostly purchased from abroad.
Sales
Information
l
Subject is mainly engaged in trading of quinine and
quinine products.
l
Subject introduced that it is an agent in Asia for
PT. Sinkona Indonesia Lestari.
l
PT. Sinkona Indonesia Lestari is a world
manufacturer in Quinine and Quinine derivatives production, and located in
Indonesia.
l
Subject introduced that its major products sold as
following:
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Product |
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1 |
Quinine Base |
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2 |
Quinidine Base |
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3 |
Quinine Hydrochloride |
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4 |
Quinine Dihydrochloride |
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5 |
Quinine Sulphate |
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6 |
Cinchonine |
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7 |
Cinchonidine |
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8 |
Quinine Bisulphate |
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9 |
Quinine Benzoate |
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10 |
Quinidine Bisulphate |
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11 |
Quinidine Gluconate |
l
Subject introduced that the Minimum Order Quantity
is 25Kgs.
l
At present, its selling territory mainly covers
Asia, and subject will spread the selling territory to all over the world.
Subject introduced
that at present, the settlements of subject are TT in advance and L/C, but
subject declined to disclose more details information about it.
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.
Open
Account Bank
The bankers’
information is not available from the subject or other sources.
|
Name: |
Ms. Lim |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.66 |
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UK Pound |
1 |
Rs.81.80 |
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Euro |
1 |
Rs.67.18 |
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.