MIRA INFORM REPORT

 

 

Report Date :           

14.02.2012

 

IDENTIFICATION DETAILS

 

Name :

AEGIS GROUP INTERNATIONAL PTE. LTD

 

 

 

 

Registered Office :

3 Phillip Street #18-00 Commerce Point Singapore 048693

 

 

 

 

Country :

Singapore

 

 

 

 

Financials (as on) :

31.03.2010

 

 

 

 

Date of Incorporation :

01.07.2008

 

 

 

 

Com. Reg. No.:

200812729d

 

 

 

 

Legal Form :

Limited Private Company

 

 

 

 

Line of Business :

Wholesale of Chemicals and Chemical Products

Import, Purchase, Sell, Supply & Distribute Petroleum

 

 

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 :

----

 

 

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, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Singapore

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Executive Summary

 

Company Name

:

AEGIS GROUP INTERNATIONAL PTE. LTD.

Registration No

:

200812729D

Date of Registration

:

01/07/2008

Former Name

:

NA

Date of Change of Name

:

NA

Type of Company

:

LIMITED PRIVATE COMPANY

Registered Address

:

3 PHILLIP STREET #18-00 COMMERCE POINT SINGAPORE 048693

Date of Change of Address

:

01/07/2008

Contact No.

:

NA

Fax No.

:

NA

Website

:

NA

Registered Activities

:

WHOLESALE OF CHEMICALS AND CHEMICAL PRODUCTS NEC

IMPORT,PURCHASE, SELL, SUPPLY & DISTRIBUTE PETROLEUM

Issued Ordinary Capital*

:

$21,344.00 U.S. DOLLAR ,NO. OF SHARE : 21,344

Issued Preference Capital

:

NA

Paid-Up Ordinary Capital

:

$21,344.00 U.S. DOLLAR

Paid-Up Preference Capital

:

NA

* Number of Shares includes number of Issued Treasury Shares

Issued Treasury Capital

:

NA

Paid-Up Treasury Capital

:

NA

No. of Local Subsidiaries

:

NA

No. of Local Associates

:

NA

Auditor

:

SHANKER IYER & CO

Bankers / Financiers

:

NA

Turnover

:

SINGAPORE, DOLLARS 0.00 (FY2010)

Net Worth

:

SINGAPORE, DOLLARS 13,917.53 (FY2010)

No. of Bank Charges

:

NA

No. of Litigation Suits

:

NA

S1000 / SME 500 / FG50 Ranking

:

No found for SINGAPORE 1000 and SME 1000

Compounded Annual Growth Rate (CAGR)

:

NA

 

 

Credit Recommendation

 

Recommended Credit Line

:

No Recommendation

 

 

SHAREHOLDER DETAILS

 

NAME

:

AEGIS LOGISTICS LIMITED

SHAREHOLDER ID

:

T08UF1942J

NATIONALITY

:

NA

ADDRESS

:

502, 5TH FLOOR, SKYLON, G.I.D.C. CHAR RASTA, VAPI - 396195, DIST. VALSAD, GUJARAT, INDIA

NO. OF ORD SHARES

:

21,344

% OF SHAREHOLDING

:

100%

CURRENCY

:

U.S. DOLLAR

 

 

OFFICER DETAILS

 

NAME

:

ANISH CHANDARIA

ADDRESS

:

15, PRINCE ALBERT ROAD, LONDON NW17SR UNITED KINGDOM

POSITION

:

DIRECTOR

DATE OF APPT

:

01/07/2008

NATIONALITY

:

BRITISH

I/C PASSPORT

:

800224320

 

NAME

:

RAJ KAPURCHAND CHANDARIA

ADDRESS

:

29 TUDOR GATE, TORONTO, CANADA M2LIN3

POSITION

:

DIRECTOR

DATE OF APPT

:

01/07/2008

NATIONALITY

:

CANADIAN

I/C PASSPORT

:

BA360983

 

NAME

:

SEOW YOKE CHAN

ADDRESS

:

404 SERANGOON AVENUE 1 #04-47 SINGAPORE 550404

POSITION

:

DIRECTOR

DATE OF APPT

:

30/12/2010

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S0193242Z

 

NAME

:

ARANGANNAL S/O KATHAMUTHU

ADDRESS

:

43 JALAN TIGA #10-18 SINGAPORE 390043

POSITION

:

DIRECTOR

DATE OF APPT

:

01/07/2008

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1290395B

 

NAME

:

CHENG LIAN SIANG

ADDRESS

:

7 SIN MING WALK #20-17 GARDENS AT BISHAN, THE SINGAPORE 575577

POSITION

:

SECRETARY

DATE OF APPT

:

01/07/2008

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1519832Z

 

NAME

:

PATHIMA MUNEERA AZMI

ADDRESS

:

122 JURONG EAST STREET 13 #02-31 IVORY HEIGHTS SINGAPORE 600122

POSITION

:

SECRETARY

DATE OF APPT

:

01/07/2008

NATIONALITY

:

SINGAPORE P.R.

I/C PASSPORT

:

S2715498J

 

NAME

:

GOWRI SAMINATHAN MRS GOWRI WADE

ADDRESS

:

28 KELANTAN ROAD #03-131 SINGAPORE 200028

POSITION

:

DIRECTOR

DATE OF APPT

:

30/12/2010

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S7043934D

 

 

KEY PERSONNEL PROFILE

 

Name:

ANISH CHANDARIA

NRIC Number:

800224320

Available Address:

15, PRINCE ALBERT ROAD, LONDON NW17SR UNITED KINGDOM

 

Current Business Interest

No.

Name

Position

Appt Date

#of Share

%

1

AEGIS GROUP INTERNATIONAL PTE. LTD.

DIRECTOR

01/07/2008

-

-

 

Previous Business

No.

Name

 

 

Status

Position

Appt Date

Last Known Inactive Date

No Trace

 

 

 

 

 

Bankruptcy Record

Case No.

Year

Date of Filing

Petitioner Name

Amount

No Trace

 

 

 

 

 

Litigation Search – Writ of Summons

Court

Case No.

Year

Date of Filing

Amount

Cause Category

No Trace

 

 

 

 

 

 

 

SUBSIDIARIES AND ASSOCIATE COMPANIES

 

Company

Shareholdings (%)

NA

 

 

                                                                                                                       

BANKERS/ FINANCIERS

 

Subject enjoys a normal banking routine with its bankers. To date, there are no bank charges registered against Subject by its bankers.

 

LITIGATION

 

Clear

 

COMPLIANCE RECORDS

 

Date of Last AGM

:

31/03/2011

Date of Last AR

:

29/04/2011

Date of A/C Laid At Last AGM

:

31/03/2010

FINANCIAL HIGHLIGHTS

 

Financial Figures

Company

 

MAR 2010

% Change

MAR 2009

Currency

SINGAPORE, DOLLARS

 

SINGAPORE, DOLLARS

Profit and Loss Key Figures

 

 

 

Turnover

0

NA

0

Profit/(Loss) Before Tax

(8,271)

NA

(8,328)

Profit After Tax attributable to Shareholders

(8,271)

NA

(8,328)

 

 

 

 

Balance Sheet Key Figures

 

 

 

Total Assets

13,918

104.64

6,801

Current Assets

13,918

104.64

6,801

Non Current Assets

0

NA

0

 

 

 

 

Total Liabilities

0

-100.00

1,054

Current Liabilities

0

-100.00

1,054

Non Current Liabilities

0

NA

0

 

 

 

 

Shareholders' Funds

13,918

142.19

5,747

Share Capital

30,417

116.11

14,075

Total Reserves

(16,500)

NA

(8,328)

 

 

 

 

 

 

 

FINANCIAL RATIOS

 

 

Company

 

MAR 2010

MAR 2009

Growth %

 

 

Year-on-Year Growth

NA

NA

 

 

 

Profitability

 

 

Profit Margin (%)

0.00

0.00

Return on Equity (%)

-59.43

-144.93

Return on Assets (%)

-59.43

-122.46

 

 

 

Leverage

 

 

Total Debt/Equity (Times)

0.00

0.18

Current Debt/Equity (Times)

0.00

0.18

Long Term Debt To Equity (Times)

0.00

0.00

Total Asset To Total Equity (Times)

1.00

1.18

 

 

 

Asset Management

 

 

Total Assets Turnover (Times)

0.00

0.00

Fixed Assets Turnover (Times)

0.00

0.00

 

 

 

Liquidity

 

 

Current Ratio (Times)

0.00

6.45

 

 

 

 

FINANCIAL COMMENTARY

 

Profitability

We are unable to comment on Subject's profitability.

 

 

Liquidity

 

We are unable to comment on Subject's liquidity.

 

 

 

 

 

 

Leverage

We are unable to comment on Subject's leverage.

 

 

Efficiency Ratio

 

We are unable to comment on Subject's return on equity.

 

We are unable to comment on Subject's return on assets.

 

We are unable to comment on Subject's total assets turnover ratio.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.31

UK Pound

1

Rs.77.84

Euro

1

Rs.65.35

 

 

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.