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MIRA INFORM REPORT

 

 

Report Date :

28.02.2012

 

IDENTIFICATION DETAILS

 

Name :

ASTRACHEM SINGAPORE PTE. LTD.

 

 

 

 

Registered Office :

1 North Bridge Road, #11-06 High Street Centre Singapore 179094

 

 

 

 

Country :

Singapore

 

 

 

 

Date of Incorporation :

05.08.2008

 

 

 

 

Com. Reg. No.:

200815358C

 

 

 

 

Legal Form :

Limited Exempt Private Company

 

 

 

 

Line of Business :

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

 

 

 

 

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 30, 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:

Astrachem Singapore Pte. Ltd.

Supplied Name:

Astrachem Singapore Pte Ltd

Supplied Address:

1 North Bridge Rd, #11-06 High Street Centre Singapore

 

 

Special Notes

 

We tried to contact the subject through number ‘+65-63397188” and the relevant staff introduced that they are not “Astrachem Singapore Pte. Ltd” but are the registered office of subject. And they told us to contact the subject through number “+65-91999218”. We tried, but no one answered.

And they did not find any other contact or operation information of subject according to the supplied name or address.

Up to the date of reporting, we did not get contact with subject. And we will update the report, while we contact and obtain more information of subject.

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

 

Company Identification Details

 

Registered Name:

Astrachem Singapore Pte. Ltd.

Registered Address:

1 North Bridge Road, #11-06 High Street Centre Singapore 179094

Date of Registration::

2008-8-5

Registered Number:

200815358C

Country of Incorporation:

Singapore

Registered Capital:

SGD 2.00 (USD 1.56)

(As of 2012.2, 1 SGD = 0.7803 USD)

Paid-up Capital:

SGD 2.00 (USD 1.56) = 2 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:

2011-12-20

Notes:

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

 

History

 

Subject was incorporated on 2008-8-5 with registered number 200815358C as Private Limited Liability Company in Singapore.

 

Shareholders

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

Anil Satyadeo Dhedia

1

50%

Devang Sharadchandra Parekh

1

50%

Total

2

100%

 

Major Shareholder Information:

1

Name:

Anil Satyadeo Dhedia

ID Number:

F9995013

Address:

902 Adarsh Height Adarsh Vihar Complex Adarsh Dugdhalaya Marve Road Malad (West) Mumbai - 400 064

Nationality:

Indian

2

Name:

Devang Sharadchandra Parekh

ID Number:

J9269438

Address:

A1/301 Gangotri Sadan Bangur Nagar Goregaon (W) Mumbai 400090

Nationality:

INDIAN

 

Management Information

 

Core Management

 

Detailed Information of Management:

1

Name:

Anil Satyadeo Dhedia

Position:

Director

ID Number:

F9995013

Address:

902 Adarsh Height Adarsh Vihar Complex Adarsh Dugdhalaya Marve Road Malad (West) Mumbai - 400 064

Nationality:

Indian

Date of Appointment:

2008-8-5

2

Name:

Devang Sharadchandra Parekh

Position:

Director

ID Number:

J9269438

Address:

A1/301 Gangotri Sadan Bangur Nagar Goregaon (W) Mumbai 400090

Nationality:

Indian

Date of Appointment:

2008-8-5

3

Name:

Wong Hong Juan

Position:

Secretary

ID Number:

S0007782H

Address:

18 Thomson Walk Happy Park Singapore 574465

Nationality:

Singapore Citizen

Date of Appointment:

2008-8-5

4

Name:

Ling See Lui Grace

Position:

Director

ID Number:

S0484909D

Address:

302 Serangoon Avenue 2 #12-282 Singapore 550302

Nationality:

Singapore Citizen

Date of Appointment:

2008-8-5

5

Name:

Eunice Chan Hee Noi

Position:

SECRETARY

ID Number:

S1791023Z

Address:

230E Tampines Street 24 #07-49 Singapore 528230

Nationality:

Singapore Citizen

Date of Appointment:

2008-8-5

 

Financial Information

 

The subject has no obligations to supply its financial statements to the third party according to the relevant policy in Singapore 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.

 

 

Bankers

 

No information was found from public files or the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.05

UK Pound

1

Rs.77.78

Euro

1

Rs.65.89

 

 

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.