MIRA INFORM REPORT
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Report Date : |
21.04.2012 |
IDENTIFICATION DETAILS
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Name : |
NEW WEST TECHNOLOGIES LTD. |
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Registered Office : |
No.24, Sub-Alley
8, Alley 39, Lane 321, Sec.2, Longgang Rd., Zhongli City, Taoyuan Country 320
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Country : |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Not Available |
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Line of Business : |
Trading of LED lights |
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No. of Employees
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About 10 Employees |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 20,000 |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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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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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
No. 24 Sub Alley 8 Alley 39 Lane 321 Sec |
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Telephone Number: |
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Fax Number: |
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E-mail: |
jasmin@nwt.tw:
export@ntw.tw;
zasmin@nwt.tw; rahat@nwt.com.pk |
Notes: Subject’s exact name and address are as above.
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Credit Rating: |
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Credit Opinion: |
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Registered Name: |
New West
Technologies Ltd. |
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N/A |
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Date of Foundation: |
N/A |
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Registration Number: |
N/A |
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Registry: |
N/A |
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Registered Capital: |
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Paid-up Capital: |
N/A |
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Legal Representatives: |
N/A |
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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: |
Notes: We did not find any registration
information of subject from
We can not confirm subject’s history.
Information on shareholders
is not available from subject or other sources.
Branch Office Pakistan
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Address: |
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Telephone: |
+92-42-3571-5206 |
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Fax: |
+92-42-3571-5292 |
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E-mail: |
Since the subject
didn’t register in the local registry, the registered management information is
not available. From public files, we didn’t find the information, either.
Personnel
Structure
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About 10 Employees |
Offices
& Factories
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Headquarters |
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Add |
No.24, Sub-Alley 8, Alley 39, Lane 321, Sec.2, Longgang Rd., Zhongli
City, Taoyuan Country 320, Taiwan(R.O.C.) |
Production
Information
l
Subject is a trader of LED lights without any
production activities itself.
Purchase
Information
l
The subject purchases LED lights
l
The subject purchases mainly from cooperative LED
manufacturers in
l
The subject is mainly engaged in sales of LED
lights.
l
It is introduced that subject also takes over the
Maintenance service of LED lights.
l
The subject sells its products both to domestic and
overseas market.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
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Payment Terms |
Proportion |
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LED lights |
COD, CBD, etc |
100% |
Foreign Purchase
Sales
Domestic Markets (
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Sales Terms |
Proportion |
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LED lights |
CBD, etc |
100% |
Export
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Sales Terms |
Proportion |
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LED lights |
CBD, etc |
100% |
We can not find any financials of subject from local registry and the
only source from which we can obtain the information is the subject itself.
Subject’s Ms. Jiang introduced subject’s annual sales as follows:
Unit: NTD
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Year |
2010 |
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Sales |
500,000 |
Notes: The sales is estimated and only for reference.
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Name |
Taiwan Bank |
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.
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Name |
Ms. Jiang |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.99 |
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1 |
Rs.83.54 |
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Euro |
1 |
Rs.63.40 |
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.