MIRA INFORM REPORT
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Report Date : |
17.04.2012 |
IDENTIFICATION DETAILS
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Name : |
SHELL EASTERN CHEMICALS (S) |
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Registered Office : |
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Country : |
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Date of Incorporation : |
20.12.1995 |
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Com. Reg. No.: |
52812669E |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Manufacture and deliver petrochemical building blocks |
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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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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 – 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: |
Shell Eastern Chemicals (S) |
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Supplied Name: |
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Supplied
Address: |
A Regd Business of Shell Eastern Trading (Pte) Ltd Shell House 83
Glenmenceau Avenue Singapore |
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Fax Number: |
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Note:
The supplied address is incomplete, and the exact address is as above.
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Registered
Name: |
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Registered
Address: |
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Date
of Foundation: |
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Date
of Registration:: |
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Registered
Number: |
52812669E |
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Registered
Capital: |
N/A |
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Legal
Form: |
Sole
Proprietorship |
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Principal Activities: |
Manufacture
and deliver petrochemical building blocks and so on. |
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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:
The staff number is not available from the subject or other sources.
Subject
was incorporated on
Major Owner
Information:
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1 |
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Name: |
SHELL EASTERN TRADING
(PTE) LTD |
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ID Number: |
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Address: |
83 Clemenceau
Avenue #04-00 Singapore 239920 |
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Nationality: |
Singapore, Rep
Of |
Parent Company:
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Name: |
SHELL EASTERN
TRADING (PTE) LTD |
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Registered
Address: |
83 Clemenceau
Avenue #04-00 Singapore 239920 |
Detailed
Information of Management:
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1 |
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Name: |
TAN JUAY MIANG |
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Position: |
Manager |
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ID Number: |
S1151500B |
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Address: |
33 West Coast Park
#05-35 Botannia Singapore 127651 |
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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: |
Production
Information
l
Subject is a manufacturer petrochemical building
blocks and so on with the production activities
Purchase
l
The raw materials for production are purchased from
both local and abroad.
Sales
Information
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Subject is mainly engaged in manufacturing and
delivering petrochemical building blocks and so on.
l
Subject declined to disclose more details of it,
and some information is obtained from other sources.
l
Subject’s parent company SHELL EASTERN TRADING
(PTE) LTD is a subsidiary of Royal Dutch Shell plc.
l
Royal Dutch Shell plc. is one of Top 10 enterprise
in the world, and it has sales offices located in more than 130 countries in
the world. It is the one of most important international petrochemical-trading
companies.
l
Subject’s trademark is Shell.
l
Subject’s major products include Alpha olefins/
detergent alcohols, NEODENE, NEODOL, LINEVOL, NEOFLO, NEODOL PC, and NEODOL LM
and so on.
l
Subject’s selling territory is all over the world.
Subject declined
the settlements information, and from other sources, we couldn’t obtain the
information, either.
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.
The bankers’ information is not available from the
subject or other sources.
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Name: |
N/A |
Note:
A lady answered the phone, but declined to disclose her name.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.66 |
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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.