MIRA INFORM REPORT

 

 

Report Date :           

01.02.2012

 

IDENTIFICATION DETAILS

 

Name :

GLOBAL A1 PTE. LTD.

 

 

Registered Office :

111 North Bridge Road #05-57 Peninsula Plaza Singapore 179098

 

 

Country :

Singapore

 

 

Date of Incorporation :

30.11.2007

 

 

Com. Reg. No.:

200722239W

 

 

Legal Form :

Limited Exempt Private Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Taiwan

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

Global A1 Pte. Ltd.

Supplied Name:

Global A1 Pte Ltd

Supplied Address:

111 North Bridge, Rd # 05-57 Peninsula Plaza, Singapore-179098

 

 

Credit Summary

 

Credit Opinion:

We did not find subject, in view of the absence of information about subject’s operation, caution should be exercised.

 

 

Special Notes

 

We did not find any operation information or contact information of subject according to the supplied name.

According to the supplied address, we found a phone number as +65-6338-2524, but we have tried this number for several times, it is not available.

No other valid contact information was found.

Up till now, we failed to get in touch with subject; we will keep trying and update the report if there is any new information.

We found subject’s registration information from local registry, supplying as follows for reference.

 

 

Company Identification Details

 

Registered Name:

Global A1 Pte. Ltd.

Registered Address:

111 North Bridge Road #05-57 Peninsula Plaza Singapore 179098

Date of Registration::

2007-11-30

Registered Number:

200722239W

Country of Incorporation:

Singapore

Registered Capital:

SGD 100 (USD 77)

(As of 2012.01, 1 SGD = 0.7741 USD)

Paid-up Capital:

SGD 100 (USD 77) = 100 Shares@1 SGD

Legal Form:

Limited Exempt Private Company

Principal Activities:

46900--Import And Export

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-6-3

Notes: the staff information is not available from subject or other sources.

 

 

History

 

Subject was incorporated on 2007-11-30 with registered number 200722239W as Limited Exempt Private Company in Singapore.

 

 

Shareholders

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

Thida Aung

100

100%

Total

100

100%

 

Major Shareholder Information:

Name:

Thida Aung

ID Number:

S6964654I

Address:

354 Kang Ching Road #04-25 Singapore 610354

 

 

Subsidiaries & Branches

 

Subject did not register any subsidiaries or branches; from other source we can not obtain the relevant information, either.

 

Management Information

 

Core Management

Detailed Information of Management:

1

Name:

Soe Aung @ Hsay Sue Razu

Position:

Director

ID Number:

807735

Address:

No.46, Room-6A, Pantra Road, Phayar Gyi Ward, Dagon Township, Yangon, Myanmar

Nationality:

Myanmar

Date of Appointment:

2008-7-22

2

Name:

Thida Aung

Position:

Director

ID Number:

S6964654I

Address:

354 Kang Ching Road #04-25 Singapore 610354

Nationality:

Singapore P.R.

Date of Appointment:

2010-8-16

3

Name:

Tun Lin

Position:

Secretary

ID Number:

S7463232G

Address:

801 French RoaD #05-43 Singapore 200801

Nationality:

Singapore P.R.

Date of Appointment:

2007-12-1

 

 

Operation Information

 

We did not find any operation information of subject from public files, and registration files show subject’s principal activities as follows:

46900--Import And Export

 

Settlements

 

Since we did not find subject, the settlement information is not available.

 

 

Financial Information

 

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, from other sources we can not obtain the relevant informaiton, either.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.68

UK Pound

1

Rs.78.17

Euro

1

Rs.65.52

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.