|
Report Date : |
09.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
LOPPO OIL PTE. LTD. |
|
|
|
|
Formerly Known As : |
GULF PETROLEUM PTE.
LTD. |
|
|
|
|
Registered Office : |
10 Anson Road #27-18 International Plaza Singapore 079903 |
|
|
|
|
Country : |
Singapore |
|
|
|
|
Date of Incorporation : |
25.10.2011 |
|
|
|
|
Com. Reg. No.: |
201131634G |
|
|
|
|
Legal Form : |
Limited Private Company |
|
|
|
|
Line of Business : |
Manufacture of petroleum lubricating oil Wholesale of mineral fuels and lubricants |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Nb |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
---- |
NB |
New Business |
---- |
|
Status : |
New Company |
|
Payment Behaviour : |
Unknown |
|
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 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name: |
Loppo Oil Pte. Ltd. |
|
Supplied Name: |
Gulf Petroleum Pte
Ltd. |
|
Trading Address: |
7 Temasek Blvd.
#06-03A Suntec Tower One Singapore - 038987 |
|
Supplied Address: |
6th Floor #06-03A
Suntec Tower One 7 Temasek Boulevard Singapore 038987 |
|
Telephone Number: |
+65-6884-6358 |
|
Fax Number: |
+65-6884-6359 |
|
E-mail: |
Notes: Subject’s exact name and address are as above and
the supplied name is the former one of subject.
|
Credit Opinion: |
Since the subject
is a newly established company, the future development remains to be seen. At
this stage credits require securities. |
|
Registered Name: |
Loppo Oil Pte. Ltd. |
|
Registered Address: |
10 Anson Road
#27-18 International Plaza Singapore 079903 |
|
Date of
Registration:: |
2011-10-25 |
|
Registered Number: |
201131634G |
|
Country of
Incorporation: |
Singapore |
|
Registered Capital: |
SGD 1,000,000 (USD
805,600) (As of 2012.08, 1 SGD
= 0.8056 USD) |
|
Paid-up Capital: |
SGD 1,000,000 (USD
805,600) = 1,000,000 Shares@1 SGD |
|
Legal Form: |
Limited Private Company |
|
Principal
Activities: |
19202--Manufacture
Of Petroleum Lubricating Oil 46612--Wholesale Of
Mineral Fuels And Lubricants |
|
Staff: |
N/A |
|
Status: |
Live Company |
|
Listed at Stock
Exchange: |
No |
|
Date of Last Annual
Return: |
-- |
Notes: Subject did not introduce its staff number; from
other source we can not obtain the relevant information, either.
Subject was incorporated on 2011-10-25 with registered number 201131634G as Limited Private
Company in Singapore.
Change of Name:
|
Date |
Change |
|
2011-10-25 |
GULF PETROLEUM PTE. LTD. |
|
2012-5-23 |
LOPPO OIL PTE. LTD. |
Unit: SGD
|
Name |
Subscription Amount |
Proportion of Investment (%) |
|
Sunrrcar Investment Co., Limited |
1,000,000 |
100% |
|
Total |
1,000,000 |
100% |
Major Shareholder Information:
|
Name: |
Sunrrcar Investment Co., Limited |
|
ID Number: |
T11UF4619L |
|
Address: |
Unit 2209, 22/F., Wu Chung House, 213 Queen's Road East, Wanchai, Hong
Kong |
Parent
Company
|
Name: |
Sunrrcar Investment Co., Limited |
|
ID Number: |
T11UF4619L |
|
Address: |
Unit 2209, 22/F., Wu Chung House, 213 Queen's Road East, Wanchai, Hong
Kong |
Related
Companies
|
GULF PETROCHEM FZC GULF PETROCHEM – DMCC GULF PETROCHEM INDIA PVT. LTD GULF PETROCHEM SA |
Core Management
Detailed Information
of Management:
|
1 |
|
|
Name: |
Luo Bangqiang |
|
Position: |
Director |
|
ID Number: |
1418047(5) |
|
Address: |
Hongfa Garden,Avenida De Kwong Tung, Taipa,Macau
999078 |
|
Nationality: |
Macao |
|
Date of Appointment: |
2012-5-16 |
|
2 |
|
|
Name: |
Wu Fenghua |
|
Position: |
Director |
|
ID Number: |
62010519671113206X |
|
Address: |
Qiaoxiang Road, Futain District, Shenzhen
.Guangdong,China 518000 |
|
Nationality: |
Chinese |
|
Date of Appointment: |
2011-10-25 |
|
3 |
|
|
Name: |
Chen Songlin Michael |
|
Position: |
Director |
|
ID Number: |
S2689686Z |
|
Address: |
10 Anson Road #27-18 International
Plaza Singapore 079903 |
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
2011-10-25 |
|
4 |
|
|
Name: |
Chng Li Boon Cherry (Zhuang Liwen Cherry) |
|
Position: |
Secretary |
|
ID Number: |
S7425753D |
|
Address: |
10 Anson Road #27-18 International Plaza Singapore
079903 |
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
2011-10-25 |
Offices &
Factories
|
|
Office |
|
Address: |
7 Temasek Blvd. #06-03A Suntec Tower One
Singapore - 038987 |
Production Information
·
Subject’s group is engaged in Oil trading &
bunkering, Oil Refining, Grease Manufacturing, Oil Storage Terminals, Bitumen
Manufacturing and Shipping & Logistics, etc
Purchase
Information
·
Subject purchases mainly abroad
Subject’s major supplier is the refinery in Sharjah’s
Hamriyah Freezone.
Sales Information
·
Subject is engaged in sales of oil and grease, etc
Subject’s group has
sales networks in USA, India, Singapore, Malaysia, Tanzania and Switzerland and
the Singapore office mainly deals with sales business in Singapore and
surrounding countries.
Major products and
service
|
1 |
Oil refining |
|
2 |
Bitumen |
|
3 |
Grease |
|
4 |
Oil Storage |
|
5 |
Oil Trading
Bunkering |
|
6 |
Shipping and
logistic service |
Purchase
Domestic Markets
Subject has little
domestic purchase
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
Oil, etc |
Interior
Settlement, etc |
100% |
Sales
Domestic Markets
|
Product |
Sales Terms |
Proportion |
|
Oil, etc |
CBD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Oil, etc |
CBD, etc |
100% |
We did not find any financial information of subject from the local registry,
and the only source from which we can obtain the information is the subject
itself.
Subject declined to disclose the financials citing the grounds of
company’s confidentiality; from other source we can not obtain the relevant
information, either.
Information on bank
details is not available from subject or other sources.
|
Department: |
Sales department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
|
UK Pound |
1 |
Rs.86.00 |
|
Euro |
1 |
Rs.68.31 |
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.