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Report Date : |
07.08.2012 |
IDENTIFICATION DETAILS
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Name : |
INDUSTRIAL TECHNIQUE (S) PTE LTD |
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Formerly Known As : |
Industrie Technik S.E.A. (S) Pte Ltd |
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Registered Office : |
71 UBI Crescent, #02-13, Excalibur Centre Singapore 408571 |
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Country : |
Singapore |
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Date of Incorporation : |
14.04.1999 |
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Com. Reg. No.: |
199901846E |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
General wholesale trade (including general importers and
exporters) |
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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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
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: |
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Supplied Name: |
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Supplied
Address: |
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Fax Number: |
Note: the exact address
is as above mentioned.
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Credit Opinion: |
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Registered Name: |
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Registered
Address: |
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Date of
Registration:: |
1999-4-14 |
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Registered
Number: |
199901846E |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 50,000.00
(USD 40,245) (As of 2012.08,
1 SGD = 0.8049 USD) |
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Paid-up Capital: |
SGD 50,000.00
(USD 40,245) = 50,000 Shares@1 SGD |
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Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
46900 General
wholesale trade (including general importers and exporters) 71121 General building
engineering services |
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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: |
2012-7-25 |
Note: Subject declined to disclose its staff number; from other source we cannot obtain the relevant information, either.
Subject was
incorporated on 1999-4-14 with registered number 199901846E as Limited
Exempt Private Company in Singapore.
|
Date |
Change |
|
2000-7-24 |
Industrial Technique (S) Pte Ltd |
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1999-4-14 |
Industrie Technik S.E.A. (S) Pte Ltd |
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Ng Ee Choo,
Linda |
24,500 |
49% |
|
Tan Heok Lin
Alvin |
25,500 |
51% |
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Total |
50,000 |
100% |
Major Shareholder
Information:
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1 |
|
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Name: |
Ng Ee Choo,
Linda |
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ID Number: |
S1549602I |
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Address: |
347 UBI Avenue 1
#13-1025 Singapore 400347 |
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Nationality: |
Singapore
Citizen |
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2 |
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Name: |
Tan Heok Lin
Alvin |
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ID Number: |
S1612733G |
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Address: |
347 UBI Avenue 1
#13-1025 Singapore 400347 |
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Nationality: |
Singapore
Citizen |
Subject did not introduce any subsidiaries or branches; from other source we can not obtain the relevant information, either.
Detailed
Information of Management:
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1 |
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Name: |
Ng Ee Choo,
Linda |
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Position: |
Director |
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ID Number: |
S1549602I |
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Address: |
347 UBI Avenue
1, #13-1025, Singapore 400347 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2006-5-2 |
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2 |
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Name: |
Ng Ee Choo,
Linda |
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Position: |
Secretary |
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ID Number: |
S1549602I |
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Address: |
347 UBI Avenue
1, #13-1025, Singapore 400347 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2000-10-10 |
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3 |
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Name: |
Tan Heok Lin
Alvin |
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Position: |
Director |
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ID Number: |
S1612733G |
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Address: |
347 UBI Avenue
1, #13-1025, Singapore 400347 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2004-1-15 |
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4 |
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Name: |
Tan Wei Yang |
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Position: |
Director |
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ID Number: |
S6900328A |
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Address: |
205 Toa Payoh
North, #05-1171, Singapore 310205 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2008-5-2 |
Offices
& Factories
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|
Office |
|
Address: |
Production
Information
l
Subject is engaged is providing services of building
engineering, etc without any production activities.
Purchase
Information
l
It is introduced that subject purchase products
from abroad.
l
Subject is engaged in sales of building engineering
service, etc.
l
It is introduced that subject sales region is only
in Singapore domestic market.
l
Subject’s services are applied to general
engineering, shipyards, and foundries, etc.
Purchase
Domestic Markets
Subject has little
domestic purchase.
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
CBD, etc |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Engineering
products |
COD, CBD, etc |
100% |
Overseas Markets
Subject has little
export.
In Singapore, Limited
Exempt Private Companies are not obligated to submit their financial statements
to the local registry. We did not find the financials of subject from the local
registry, the subject also declined to disclose such
information due to the confidentiality reason.
Subject declined to disclose its bank details; from other source we cannot obtain the relevant information, either.
|
Name: |
Y C Tan & Co |
|
Name: |
Mr. Lin |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.47 |
|
UK Pound |
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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 |
|
<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.