MIRA INFORM REPORT

 

 

Report Date :           

27.02.2012

 

IDENTIFICATION DETAILS

 

Name :

BELAL TRADING PRIVATE LIMITED

 

 

Registered Office :

10 Jalan Besar, #09-09 Sim Lim Tower Singapore 208787

 

 

Country :

Singapore

 

 

Date of Incorporation :

28.05.1983

 

 

Com. Reg. No.:

198302469N

 

 

Legal Form :

Limited Exempt Private Company

 

 

Line of Business :

General Wholesale Trade (Including General Importers and Exporters

 

 

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)

Singapore

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Contact Points

 

Company Name:

Belal Trading Private Limited

Supplied Name:

Belal Trading Pte Ltd

Supplied Address:

10 Jalan Besar 0502 H Simlim Tower 208787 Singapore

 

 

Special Notes

 

We tried to contact subject through number “+65-6864-9055” which was not available.

We did not find any other valid contact information of subject according to the supplied name or the supplied address. From public files, we found that subject is an importer and distributor of cotton, poly cotton, while it is not confirmed by subject.

Up to the date of reporting, we did not get contact with subject, if you kindly supply contact information of subject, we’d like to continue our investigation.

We found the registered information of subject from local registry, supplying as follows for reference.

 

 

Company Identification Details

 

Registered Name:

Belal Trading Private Limited

Registered Address:

10 Jalan Besar, #09-09 Sim Lim Tower Singapore 208787

Date of Registration::

1983-5-28

Registered Number:

198302469N

Country of Incorporation:

Singapore

Registered Capital:

SGD 100,000.00 (USD 78,030.00)

(As of 2012.2, 1 SGD = 0.7803 USD)

Paid-up Capital:

SGD 100,000.00 (USD 78,030.00) = 100,000 Shares@1 SGD

Legal Form:

Limited Exempt Private Company

Principal Activities:

46900 General Wholesale Trade (Including General Importers And Exporters

46100 Wholesale On A Fee Or Contract Basis (EG Commission Agents)

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-12-8

Notes:

Since we did not contact subject, the staff number of subject is not available.

 

 

History

 

Subject was incorporated on 1983-5-28 with registered number 198302469N as Limited Exempt Private Company in Singapore.

 

 

Shareholders

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

Shaikh Mohammed Zakaria

69,999

69.99%

Halima Bibi D/O Charag Din

1

0.01%

Anjum Zakaria

30,000

30%

Total

100,000

100%

 

Major Shareholder Information:

1

Name:

Shaikh Mohammed Zakaria

ID Number:

C407974

Address:

C-22 BLK B North Nazimabad Karachi Pakistan

Nationality:

Pakistani

2

Name:

Halima Bibi D/O Charag Din

ID Number:

S1683940Z

Address:

766 Choa Chu Kang North 5 #09-299 Singapore 680766

3

Name:

Anjum Zakaria

Value:

 

ID Number:

S2760657A

Address:

69 Pasir Ris Grove #03-16 LIVIA Singapore 518219

 

 

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:

Shazia Anjum

Position:

Director

ID Number:

G5765207T

Address:

67/1 13th Street Kayaban-E-Badban Defence Phase 5, Karachi, Pakistan

Nationality:

Pakistani

Date of Appointment:

2004-5-20

2

Name:

Anjum Zakaria

Position:

Managing Director /Director

ID Number:

S2760657A

Address:

69 PASIR RIS GROVE, #03-16 Livia Singapore 518219

Nationality:

Singapore P.R.

Date of Appointment:

1991-11-27

3

Name:

Anjum Muhammad Abdullah

Position:

Director

ID Number:

S9275514B

Address:

Managing Director

Nationality:

Singapore P.R.

Date of Appointment:

2011-5-25

 

 

Financial Information

 

The subject has no obligations to supply its financial statements to the third party according to the relevant policy in Hong Kong and the only source from which we can obtain the information is the subject itself.

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

 

 

Auditors

 

Name:

V. P. KUMARAN & CO.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.07

UK Pound

1

Rs.77.19

Euro

1

Rs.65.57

 

 

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.