MIRA INFORM REPORT
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Report Date : |
08.02.2012 |
IDENTIFICATION DETAILS
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Name : |
MECCA ENGINEERING CO PTE. LTD. |
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Registered Office : |
21 Bukit Batok Crescent #09-79 Wcega Tower Singapore 658065 |
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Country : |
Singapore |
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Date of Incorporation : |
02.04.2008 |
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Com. Reg. No.: |
200806368M |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Industrial & Engineering Services and Consulting Etc |
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No. of Employees
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Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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
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Company Name: |
Mecca Engineering Co Pte. Ltd. |
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Supplied Name: |
Mecca
Enginnering Co Pte Ltd. |
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Supplied
Address: |
21 Bulkit Batok
Cresent Wcega Tower No. 09-79 Singapore 658065 |
Notes: Subject’s exact name is as above.
Credit
Summary
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Credit Opinion: |
In view of the absence of information about subject’s operation,
caution should be exercised. |
Special Notes
We tried to
contact subject through the phone number +65-6299-0710, the number does not
exist.
We did not find
any other valid contact information of subject according to the supplied name
or address from public files, either.
From public files,
we found that subject is engaged in trading of medical equipment, while the
information is not confirmed by subject.
Up to the date of
reporting, we failed to get in touch with subject, if you kindly supply other
contact, we’d like to continue our investigation.
We found subject’s
registration information from local registry, supplying as follows for
reference.
Company
Identification Details
Notes: the Staff number is not available from
subject or other sources.
History
Subject was
incorporated on
Shareholders
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Subscription Amount |
Proportion of Investment (%) |
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Syed Shabbir
Hatim |
300,000 |
100% |
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Total |
300,000 |
100% |
Major Shareholder
Information:
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Name: |
Syed Shabbir
Hatim |
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ID Number: |
G6238913W |
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Address: |
28 Roberts Lane
#03-01 Singapore 218307 |
Subsidiaries & Branches
We can not confirm whether subject has any subsidiaries or branches.
Management
Information
Detailed
Information of Management:
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1 |
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Name: |
Syed Usman Ali |
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Position: |
Director |
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ID Number: |
FB1799221 |
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Address: |
Flat No. E-13,
Eurm Apartments, Block No.13-D Gulshan-E-Iqbal, Karachi |
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Nationality: |
Pakistani |
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Date of
Appointment: |
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2 |
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Name: |
Syed Shabbir
Hatim |
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Position: |
Director |
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ID Number: |
G6238913W |
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Address: |
28
Roberts Lane |
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Nationality: |
Pakistani |
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Date of
Appointment: |
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3 |
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Name: |
Aziz Ahmed Khan |
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Position: |
Director |
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ID Number: |
GT4100572 |
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Address: |
Appt. No. 504,
Salalah Apartment, Karachi Cantt. Karachi Pakistan |
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Nationality: |
Pakistani |
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Date of
Appointment: |
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4 |
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Name: |
Gurmit Singh S/O
Bahadar Singh |
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Position: |
Director |
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ID Number: |
S1841078H |
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Address: |
634 Yishun
Street 61 #04-62 Singapore 760634 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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Operation
Information
We can not confirm subject’s operation details, from public files we
found that subject is engaged in trading of medical equipment, while the
information is not confirmed by subject.
Settlements
The settlement information is not available from subject or other sources.
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, and we can not obtain the
information from other source, either.
Bankers
The Bank details
are not available from subject or other sources
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.48.92 |
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UK Pound |
1 |
Rs.77.31 |
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Euro |
1 |
Rs.64.12 |
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 |
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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.