MIRA
INFORM REPORT
|
Report Date : |
08.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
LEGEND VOGUE LTD. |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
09.11.2009 |
|
|
|
|
Com. Reg. No.: |
24478221 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Trade of fashion accessories. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 5,000 |
|
Status : |
Moderate |
|
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 – September 30, 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: |
|
|
Supplied Name: |
|
|
Trading Address: |
3/F, No.3, Sec.1 Chungqing N. Rd., Datong
Dist., 10349 Taipei, Taiwan, R.O.C. |
|
Supplied Address: |
802, Room No. 99, Sec. 1, Chongqing N Road,
Datong Dist. Taipei, Zip 100, Taiwan |
|
Telephone Number: |
|
|
Fax Number: |
|
|
E-mail: |
Notes:
The supplied address is the former address of subject, and the current
exact address is as above.
Credit
Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company
Identification Details
|
Registered Name: |
Legend Vogue Ltd. |
|
Registered Address: |
|
|
Date of Foundation: |
|
|
Registration Number: |
24478221 |
|
Registry: |
Taipei City Government |
|
Registered Capital: |
(As of 2012.2, 1 NTD =
0.035 USD) |
|
Paid-up Capital: |
NTD1,000,000 (USD
33,766.1) |
|
Legal Representatives: |
Liguang Qiu |
|
Legal Form: |
|
|
Principal Activities: |
|
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
The staff number is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
|
Name |
Subscription
Share |
|
Guangli Qiu |
70,000 |
|
Minghong Ma |
|
|
10,000 |
|
|
Shengyuan Xie |
10,000 |
|
Yongsheng Li |
10,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Subject introduced that it has a showroom located in
mainland of China, but it refused to disclose more details about the showroom.
Personnel Information
Core
Management
Directors
|
1 |
|
|
Name |
Guangli Qiu |
|
Position |
Board Chairman |
|
2 |
|
|
Name |
Minghong Ma |
|
Position |
Director |
|
3 |
|
|
Name |
Shengyuan Xie |
|
Position |
Director |
|
4 |
|
|
Name |
Yongsheng Li |
|
Position |
Supervisor |
Operation
Information
Offices & Factories
|
|
Headquarters |
|
Add |
3/F, No.3, Sec.1
Chungqing N. Rd., Datong Dist., 10349 Taipei, Taiwan, R.O.C. |
Production
Information
l
Subject is a trader of fashion jewelry accessories
without any production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
I103060 |
Management
Investment Industry |
|
ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
|
F401010 |
International
trade |
|
F115010 |
Wholesale of
accessories and noble metal |
|
F119010 |
Wholesale
of electronic material |
|
F399040 |
No-store Retail |
l
Subject is mainly engaged in trading of
fashion jewelry accessories.
l
Subject introduced that it has a
showroom located the mainland of China, but the details are not available from
the subject or other sources.
l
Subject’s selling territory covers
North America, South America, Eastern Europe, Southeast Asia, Africa, Oceania,
Mid East, Eastern Asia, Western Europe, Central America, Northern Europe,
Southern Europe, and South Asia.
l
Subject declined to disclose more
details about subject, and from other sources, we couldn’t find more details
about subject.
Import
and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Settlements
Subject declined the settlements
information, and from other sources, we couldn’t obtain the information, either.
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 declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not obtain the
relevant information, either.
Bankers
Subject declined to disclose the banker information, and from other sources, we couldn’t confirm the bank you supplied.
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
Note:
A lady declined to disclose her name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.91 |
|
|
1 |
Rs.77.30 |
|
Euro |
1 |
Rs.64.11 |
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.