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Report Date : |
04.08.2012 |
IDENTIFICATION DETAILS
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Name : |
KYOKUSHIN TRADING CO., LTD. |
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Formerly Known As : |
Taiwan Asahi Carbon Co., Ltd. |
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Registered Office : |
8F., No.249-1, Sec.
3, Jhongsiao E. Rd., Da-An District, Taipei City 106, Taiwan, R.O.C. |
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Country : |
Taiwan |
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Date of Incorporation : |
29.04.20114 |
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Com. Reg. No.: |
27314285 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trading of chemicals such as carbon black, etc |
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No. of Employees : |
10 |
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
|
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 |
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Company Name: |
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Former Name: |
Taiwan
Asahi Carbon Co., Ltd. |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Note: The exact name and address are as above.
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Registered Name: |
Kyokushin Trading Co., Ltd. |
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Registered Address: |
8F., No.249-1, Sec. 3, Jhongsiao E. Rd., Da-An District, Taipei City
106, Taiwan, R.O.C. |
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Date of Foundation: |
2004-4-29 |
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Registration Number: |
27314285 |
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Registry: |
Taipei City Government |
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Registered Capital: |
NTD 1,000,000
(USD 33300) (As of 2012.08, 1 NTD = 0.0333 USD) |
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Paid-up Capital: |
NTD 1,000,000 (USD ) |
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Legal Representatives: |
Siying Lin |
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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 was incorporated on 2004-4-29
with registered number 27314285
as Joint Stock Company in
Taiwan.
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Former
Name |
Taiwan
Asahi Carbon Co., Ltd. |
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Current
Name |
Kyokushin
Trading Co., Ltd. |
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Name |
Subscription Shares |
|
Yinzi Ling |
15,000 |
|
Saying Lin |
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|
60,000 |
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The information above is that of subject’s major shareholders.
Core Management
Directors
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1 |
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Name |
Cuiyu Peng |
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Position |
Board Chairman |
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2 |
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Name |
Yinzi Ling |
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Position |
Director |
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3 |
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Name |
Saying Ling |
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Position |
Director |
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4 |
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Name |
Liankun Lin |
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Position |
Supervisor |
Personnel Structure
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Total Employees |
About 10 Employees |
Offices
& Factories
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Headquarters |
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Add |
Production Information
l
Subject is a trader of chemicals such as carbon
black, etc without any
production.
Purchase Information
l
The registered activities of subject:
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Business Code |
Details |
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F401010 |
International trade business |
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ZZ99999 |
Besides licensed business, all other business items
those are not banned or restricted. |
l
It is introduced that subject purchases
products from Japan, etc.
l
Subject is engaged in sales of
chemicals such as carbon black, etc.
l
Subject’s sales regions include Europe,
Southeast Asia, America, and Taiwan domestic market, etc.
l
Subject’s customers include tyre
manufacturer, printing ink manufacturer, and coating manufacturer, etc.
Import
and export right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
Subject has little
domestic purchase.
Foreign Purchase
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Payment Terms |
Proportion |
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Chemicals |
100% |
Sales
Domestic Markets (Taiwan)
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Sales Terms |
Proportion |
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Chemicals |
COD, CBD, etc |
100% |
Export
|
Sales Terms |
Proportion |
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Chemicals |
CBD, etc |
100% |
Notes:
Subject’s settlement for export is
generally in USD
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 Ms. Lin declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
|
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.
|
Name |
Ms. Lin |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.08 |
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|
1 |
Rs.87.02 |
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Euro |
1 |
Rs.68.36 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.