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Report Date : |
18.04.2012 |
IDENTIFICATION DETAILS
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Name : |
DAROON INTERNATIONAL TRADING CO., LTD. |
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Registered Office : |
1f., No.96, |
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Country : |
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Date of Incorporation : |
03.02.2010 |
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Com. Reg. No.: |
24508512 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trade of chemical products. |
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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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 |
Notes:
The address you supplied is not accurate, and the exact address is as
above.
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Credit Rating: |
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Credit Opinion: |
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Registered Name: |
Daroon International
Trading Co., Ltd. |
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Registered Address: |
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Date of Foundation: |
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Registration Number: |
24508512 |
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Registry: |
Economic Development
Bureau, Kaohsiung City |
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Registered Capital: |
(As of 2012.4, 1 NTD =
0.03385 USD) |
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Legal Representatives: |
Mingyi Hong |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Subject declined
to disclose the staff number, and from other sources, we couldn’t obtain the
information, either.
Subject was incorporated on
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Subscription
Shares |
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Mingyi Hong |
50,000 |
| Ruiying
Hong |
150,000 |
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Zhenwei Hong |
150,000 |
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Conghao Hong |
150,000 |
The information
above is that of subject’s major shareholders.
Core
Management
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1 |
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Name |
Mingyi Hong |
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Position |
Board of Chairman |
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2 |
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Name |
Ruiying Hong |
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Position |
Director |
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3 |
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Name |
Zhenwei Hong |
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Position |
Director |
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4 |
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Name |
Conghao Hong |
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Position |
Supervisor |
Offices
& Factories
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Headquarters |
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Add |
1f., No.96,
Qixian 1st Rd., Xinxing Dist., Kaohsiung City 800, Taiwan (R.O.C.) |
Production
Information
l
Subject is a trader of chemical products without
any production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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F107200 |
Wholesale of
chemical products |
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F107190 |
Wholesale of
plastic products |
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F119010 |
Wholesale of electronic
material |
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F401010 |
International
trade |
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ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l
The productions are mostly purchased from domestic
market.
l
Subject is mainly engaged in trading of chemical
products and the related products.
l
Subject introduced that its major products include
chemical solvents, plastic material.
l
Subject sells the products to both domestic and
overseas market.
l
Subject declined to disclose more details information
about subject.
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.
|
Name |
N/A |
Note:
The staff declined to disclose her name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.62 |
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|
1 |
Rs.81.94 |
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Euro |
1 |
Rs.67.65 |
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 |
-- |
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.