MIRA
INFORM REPORT
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Report Date : |
02.02.2012 |
IDENTIFICATION DETAILS
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Name : |
OBLONG INTERNATIONAL CO., LTD. |
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Registered Office : |
2F., No.2, Lane 76, Jhongpo N. Rd., Nangang District, Taipei City 115 |
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Country : |
Taiwan |
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Date of Incorporation : |
17.05.2006 |
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Com. Reg. No.: |
28315971 |
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Legal Form : |
Overseas Company |
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Line of Business : |
Sales of raw materials, etc. |
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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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Maximum Credit Limit : |
USD 20,000 |
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Status : |
Small Company |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Taiwan |
A2 |
A2 |
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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
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
+886-2-27727428#599/2-24340854 |
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Fax Number: |
Notes: The exact subject’s name is as above mentioned.
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
Notes: Subject declined to introduce its staff number.
History
Subject was incorporated on 2006-5-17 with registered
number 28315971 as Overseas Company in Taiwan.
Shareholders
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Name |
Subscription Amount |
|
Mingyan Wu |
2,000,000 |
The information
above is that of subject’s major shareholders.
Personnel Information
Core
Management
Directors
|
Name |
Mingyan Wu |
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Position |
Director |
Operation Information
Offices
& Factories
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|
Headquarters |
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Add |
l
Subject is a trader of raw materials, etc. without
any production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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F107010 |
Wholesales of Paints, coatings |
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F107020 |
Wholesales of Paints, coatings |
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F113010 |
Wholesales of machinery |
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F113030 |
Wholesales of Precision instruments |
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F119010 |
Wholesales of Electronic Materials |
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F207010 |
Retails of Paints, coatings |
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F207020 |
Retails of Paints, coatings |
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F207190 |
Retails of Plastic film, bags |
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F207200 |
Retails of chemical material |
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F213040 |
Retails of Precision instruments |
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F213080 |
Retails of machinery |
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F219010 |
Retails of Electronic Materials |
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F401010 |
International trade |
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ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted |
Besides licensed business, all other business items those are not banned
or restricted.
l
The components and raw material for production are
mostly purchased from abroad.
l
The subject has a
proportion of 100% for Import
l
The subject is mainly engaged in sales of
electronic raw materials, etc.
l
Subject has both domestic and foreign markets.
l
Subject is agent for foreign
brands of products.
l
The subject has a
proportion of 50% for export.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
Notes: Subject seldom purchases from domestic markets.
Foreign Purchase
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Payment Terms |
Proportion |
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Electronic raw materials, etc. |
COD, CBD, etc. |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Electronic raw materials, etc. |
COD, CBD, etc. |
100% |
Export
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Sales Terms |
Proportion |
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Electronic raw materials, etc. |
CBD, etc. |
100% |
Financial Information
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 Ms. Zhang declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Public Record
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.
Interview Details
|
Name |
Ms. Zhang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.53 |
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|
1 |
Rs.77.95 |
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Euro |
1 |
Rs.64.66 |
RATING EXPLANATIONS
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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 |
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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 |
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<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.