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Report Date : |
08.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
I.N.T. INTERNATIONAL INC. |
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Registered Office : |
4F., No.14, LN. 345, Yangguang St., Neihu Technology Park,
Taipei 11491 |
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Country : |
Taiwan |
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Date of Incorporation : |
09.10.2001 |
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Com. Reg. No.: |
12951790 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trading of dyestuff and auxiliary, etc |
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|
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No. of Employees : |
About 20 Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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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 |
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Company Name: |
|
|
Supplied Name: |
|
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Trading Address: |
5F., No. 55, Lane 258, Rueuguang Road, Neihu
District, Taipei, , Taiwan (R.O.C.) |
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Supplied Address: |
|
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Telephone Number: |
+886-2 2797-2998 |
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Fax Number: |
+886-2 2797-2997 |
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E-mail: |
|
|
Website: |
Notes:
The exact name and address are as above.
Another supplied address: 4F, No.
14, LN 345, Yangguang St., Technology Park, Taipei City 14 Taiwan is subject’s
registered address and also the address of subject’s related company S.M.S.
Chemicals Co., Ltd.
|
Credit Opinion: |
|
Registered Name: |
I.N.T. International Inc. |
|
Registered Address: |
4F., No.14, LN. 345, Yangguang St., Neihu Technology Park, Taipei
11491, Taiwan (R.O.C.) |
|
Date of Foundation: |
2001-10-9 |
|
Registration Number: |
12951790 |
|
Registry: |
Taipei City Government |
|
Registered Capital: |
NTD 10,000,000
(USD 333,000) (As of 2012.08, 1 NTD = 0.0333 USD) |
|
Paid-up Capital: |
NTD 10,000,000 (USD 333,000) |
|
Legal Representatives: |
Minghong Cai |
|
Legal Form: |
|
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Principal Activities: |
|
|
Staff: |
|
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Listed at Stock
Exchange: |
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Date of Last
Annual Return: |
Subject was incorporated on 2001-10-9 with registered number 12951790 as Joint Stock Company in Taiwan.
Change of Name
|
Former
Chinese Name |
怡凌有限公司 |
|
Current
Chinese Name |
怡凌股份有限公司 |
|
Name |
Subscription Shares |
|
Minghong Cai |
999,900 |
|
Lizhu Wu |
|
|
100 |
|
The information above is that of subject’s major shareholders.
Related Companies
|
1 |
|
|
Name |
S.M.S. Chemicals
Co., Ltd. |
|
Address |
4F., No.14, Lane
345, Yangguang Rd., Neihu Dist., Taipei City 11491, Taiwan (R.O.C.) |
|
Telephone Number |
+886-2-2797-2398
|
|
Fax Number |
+886-2-27971108 |
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E-mail |
|
|
Principal Activities |
Electronic fine
chemical business |
|
2 |
|
|
Name |
Shang Yu S.M.S. |
|
Address |
China |
|
Principal Activities |
Electronic fine
chemical manufacture base |
|
3 |
|
|
Name |
PT. Timur Mas
Tirta (Indonesia) Touring |
|
Address |
Indonesia |
|
Principal Activities |
Textile
Auxiliary Manufacture Base |
|
4 |
|
|
Name |
KIRI Dyes &
Chemicals PVT. Ltd. |
|
Address |
India |
|
Principal Activities |
Dyestuff and
Textile Auxiliary Trading |
Core
Management
|
1 |
|
|
Name |
Minghong Cai |
|
Position |
Board Chairman |
|
2 |
|
|
Name |
Qiuqin Liu |
|
Position |
Director |
|
3 |
|
|
Name |
Lizhu Wu |
|
Position |
Director |
|
4 |
|
|
Name |
Hemin Chen |
|
Position |
Supervisor |
Personnel
Structure
|
Total Employees |
About 20 Employees |
Offices
& Factories
|
|
Headquarters |
|
Add |
5F., No. 55, Lane 258, Rueuguang Road, Neihu District, Taipei, , Taiwan
(R.O.C.) |
Production
Information
l
Subject is a trader of dyestuff and auxiliary, etc
without any production activities.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F107020 |
Wholesale of dye and pigment |
|
F207010 |
Retail of paint and coating |
|
F119010 |
Wholesale of electronic material |
|
F219010 |
Retail of electronic material |
|
F118010 |
Wholesale of software |
|
F218010 |
Retail of software |
|
F108040 |
Wholesale of cosmetic |
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F208040 |
Retail of cosmetic |
|
F110020 |
Wholesale of glasses |
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F210020 |
Retail of glasses |
|
F113010 |
Wholesale of machinery |
|
F213080 |
Retail of machinery |
|
F107170 |
Wholesale of industrial additives |
|
F107200 |
Wholesale of chemical materials |
|
F207020 |
Retail of dye and pigment |
|
F207200 |
Retail of chemical materials |
|
F207170 |
Retail of industrial additives |
|
ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
l
It is introduced that
subject purchase products from its related companies in mainland China,
Indonesia and India.
Sales
Information
l
Subject is engaged in
sales of dyestuff and auxiliary, etc.
l
Subject’s sales regions include
Taiwan, Europe, Central Americans, South East Asia, Middle East and African,
etc.
l
The products sold by
subject obtained the certification of ISO 9001: 2008.
Major products
sold
|
Type |
Product |
|
Chemical |
Dyeing (Navacron, Navarusi, Navafix, Navacid,
Navawhite, Navacryl, Navaux ) Printing (Plastisol, Plastisol NP, Elastizol,
NavaFlock, Navathermo ) |
|
Textiles |
Bonding, Lemination, Flocking, ink-jet special,
Micro-Fiber, High-Tech, Coating |
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase (Taiwan)
Subject has little
domestic purchase.
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Dyestuff and auxiliary |
Interior Settlement, etc |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
|
|
Dyestuff and auxiliary |
COD, CBD, etc |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Dyestuff and auxiliary |
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 Mr. Tang declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.
Subject declined to disclose its bank details; from other source we
cannot obtain the relevant information, either.
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 |
Mr. Tang |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.50 |
|
UK Pound |
1 |
Rs.86.40 |
|
Euro |
1 |
Rs.68.69 |
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 |
|
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.