MIRA INFORM REPORT
|
Report Date : |
19.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
RU MEEI CHIN TENG INTERNATIONAL TRADING CO.,
LTD. |
|
|
|
|
Formerly Known As : |
RU MEEI INDUSTRIAL CO., LTD. |
|
|
|
|
Registered Office : |
1/F., |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
20.01.1980 |
|
|
|
|
Com. Reg. No.: |
07648019 |
|
|
|
|
Legal Form : |
Joint Stock
Company |
|
|
|
|
Line of Business : |
Trader of building
materials and the related products. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 40,000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
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) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
1/F., No. 53 Taichung Port Road, Xindong
County, Longjing Dist,Taichung City, R.O.C. |
|
Supplied Address: |
No. 53, Taichung Port Rd, Longjing Dist.,
Taichung City 43448 Taiwan |
|
Telephone Number: |
|
|
Fax Number: |
Notes:
· The exact name is as above.
· The supplied address is incomplete, and the exact address is as above.
|
Credit Rating: |
|
|
Credit Opinion: |
According to the supplied name and address, we found a
telephone number (+886 4-26318227),
and we contacted the subject, a staff of subject declined to confirm or
disclose any information about subject, except the name and the address of
subject.
And from other
sources, we found that subject is mainly engaged in trading of building
materials, such as ceramic tile, stone material and so on, since subject
declined to confirm the information, we can not confirm the information.
We found subject’s
registration information as follows for reference.
|
Registered Name: |
Ru Meei Chin Teng International Trading Co., Ltd. |
|
Registered Address: |
1/F., No. 53 Taichung Port Road, Xindong County, Longjing Dist,Taichung City, R.O.C. |
|
Date of Foundation: |
|
|
Registration Number: |
07648019 |
|
Registry: |
MOEA Central Office |
|
Registered Capital: |
(As of 2012.4, 1 NTD = 0.03385
USD) |
|
Legal Representatives: |
Xiangru Huang |
|
Legal Form: |
|
|
Principal Activities: |
|
|
Staff: |
|
|
Listed at Stock
Exchange: |
|
|
Date of Last
Annual Return: |
Note:
Subject declined to disclose the staff number, and from other sources, we couldn’t obtain the information, either.
Subject was incorporated on
Change of Name
|
Former Chinese
Name |
如美實業有限公司 |
|
Current Chinese
Name |
如美金登國際貿易有限公司 |
|
Former English
Name |
RU MEEI INDUSTRIAL CO., LTD. |
|
Current English
Name |
Ru Meei Chin Teng International Trading
Co., Ltd. |
|
Name |
Subscription Amount |
|
Xiangru Huang |
2,700,000 |
The information above is that of subject’s major shareholders.
Core
Management
|
Name |
Xiangru Huang |
|
Position |
Director |
Offices
& Factories
|
|
Headquarters |
|
Add |
1/F., No. 53 Taichung Port Road, Xindong County, Longjing Dist,Taichung City, R.O.C. |
Operation
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Trading of building materials |
|
2 |
Trading of textile products |
|
3 |
Import and export of the products above |
|
4 |
General trade |
l
From other sources, we found
that subject is mainly engaged in trading of building materials, such as
ceramic tile, stone material and so on, since subject declined to confirm the
information, we can not confirm the information.
|
Import right |
Yes |
|
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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.50 |
|
UK Pound |
1 |
Rs.81.99 |
|
Euro |
1 |
Rs.67.54 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.