MIRA
INFORM REPORT
|
Report Date : |
17.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
TRINITY FAR EAST PTE LTD |
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Registered Office : |
2 Kallang Pudding Road #02-04 Mactech Industrial Building Singapore 349307 |
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Country : |
Singapore |
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Date of Incorporation : |
28.05.1988 |
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Com. Reg. No.: |
198801707C |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Wholes Telecommunication Equipment |
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No. of Employees : |
Over 3 Employees (estimated) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
Slow but Correct |
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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 |
Contact
Points
|
Company Name: |
TRINITY FAR EAST
PTE LTD |
|
Supplied Name: |
|
|
2 Kallang Pudding Road #02-04 Mactech Industrial Building Singapore
349307 |
|
|
Supplied
Address: |
2 Kallang Pudding Road, #02-04 Mactech Industrial Building, Singapore
349307 |
|
Fax Number: |
Notes: Subject’s exact name and current address are
as above.
Credit Summary
|
Credit Opinion: |
Company Identification Details
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Registered Name: |
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Registered
Address: |
2 Kallang Pudding Road #02-04 Mactech Industrial Building Singapore
349307 |
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Date of
Registration:: |
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Registered
Number: |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 200,000 (USD
161,120) (As of 2012.08,
1 SGD = 0.8056 USD) |
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Paid-up Capital: |
SGD 200,000 (USD
161,120) = 200,000 Shares@1 SGD |
|
Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
46521--Wholes
Telecommunication Equipment |
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Over 3 Employees (estimated) |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
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History
Subject was
incorporated on
Change of Name:
|
Date |
Change |
|
|
SME ENGINEERING SERVICES (S) PTE LTD |
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|
TRINITY FAR EAST PTE LTD |
Shareholders
|
Subscription
Amount |
Proportion of Investment
(%) |
|
|
LIM CHIN HSIONG |
200,000 |
100% |
|
Total |
200,000 |
100% |
Major Shareholder
Information:
|
Name: |
Lim Chin Hsiong |
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ID Number: |
S |
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Address: |
458 Choa |
Subsidiaries & Branches
Subject did not
introduce whether it has any subsidiaries or branches, from other source we can
not obtain any relevant information, either.
Management Information
Detailed
Information of Management:
|
1 |
|
|
Name: |
Lim Chin Hsiong |
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Position: |
Director |
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ID Number: |
S |
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Address: |
458 Choa |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Thia Hwee Hong Elizabeth |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Operation Information
Offices
& Factories
|
|
Office |
|
Address: |
2 Kallang Pudding Road #02-04 Mactech Industrial Building Singapore
349307 |
Production
Information
l
Subject is engaged in trading of computer's
accessories, hardware and peripherals, etc
Purchase
Information
l
Subject did not introduce its purchasing
information.
Sales
Information
l
Subject is engaged in sales of computer's
accessories, hardware and peripherals, etc
l
Subject’s products are both sold in domestic and
overseas market and it is introduced that subject export consumable products
(.g. Ink cartridges and others), Printing machine, building materials, office
furniture, stationery and IT and Mobile phone accessories. And its sales
regions include Malaysia, Indonesia, Australia and Papua New Guinea, etc
l
It is introduced that subject’s export proportion
reach 50% ~60%.
l
Subject’s customers include hyper stores, super
stores, IT super Stores, chain Stores, retailers, stationery/book stores,
petrol stations and also bundling projects
Major products
|
1 |
Apple Accessories |
|
2 |
Earphones/ Headphones |
|
3 |
FM Transmitter, Charger |
|
4 |
Gaming Console |
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5 |
Graphic Tablet |
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6 |
IT Accessories |
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7 |
Keyboard |
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8 |
Mobile Phone Accessories |
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9 |
Mouse |
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10 |
Notebook |
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11 |
OEM Accessories |
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12 |
Presenters |
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13 |
Screen Proector |
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14 |
Speakers |
Settlements
Purchase
Subject did not
introduce its purchasing terms.
Domestic Markets
|
Sales Terms |
Proportion |
|
|
COD, Credit
Sales, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Computer's accessories, hardware and peripherals,
etc |
CBD, etc |
100% |
Financial Information
In Singapore, Limited Exempt Private Companies are not obligated to submit
their financial statements to the local registry. We did not find any
financials of subject from the local registry, the subject also declined to
disclose such information due to the confidentiality reason.
Bankers
Bank Charge
|
Charge Number |
C201203791 |
|
Date of Registration |
|
|
Name: |
RHB BANK BERHAD |
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Amount: |
All Monies |
Auditors
|
Name: |
SHINEWING LLP |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.99 |
|
|
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.68 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
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 |
|
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 |
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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.