MIRA INFORM REPORT

 

 

Report Date :

04.01.2012

 

IDENTIFICATION DETAILS

 

Name :

CEN TECH PTE. LTD.

 

 

Registered Office :

67 Ubi Crescent #05-05 Techniques Centre Singapore 408560

 

 

Country :

Singapore

 

 

Date of Incorporation :

12.06.2007

 

 

Com. Reg. No.:

200710394D

 

 

Legal Form :

Limited Exempt Private Company

 

 

Line of Business :

Trade of electronics and chemical products.

 

 

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 10,000

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)

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:

Cen Tech Pte. Ltd.

Supplied Name:

Cen Tech Pte Ltd.

Trading Address:

67 Ubi Crescent #06-05 Techniques Centre, Singapore 408560

Supplied Address:

67 UBI Crescent #05-05 Techniques Centre Singapore 408560

Telephone Number:

+65- 6749-4619

Fax Number:

+65-6749-7569

E-mail:

sales@centechpl.com

 

Credit Summary

 

Credit Rating:

Maximum credit USD 10,000

Credit Opinion:

Business connections are permissible.

 

Company Identification Details

 

Registered Name:

Cen Tech Pte. Ltd.

Registered Address:

67 Ubi Crescent #05-05 Techniques Centre Singapore 408560

Date of Registration::

2007-6-12

Registered Number:

200710394D

Country of Incorporation:

Singapore

Registered Capital:

USD 100,000.00

SGD 100.00 (USD 77.5711)

(As of 2012.1 , 1 SGD = 0.77571USD)

Paid-up Capital:

USD 100,000.00= 100,000 Shares@1 USD

SGD 100.00 (USD 77.5711)= 100 Shares@1 SGD

Legal Form:

Limited Exempt Private Company

Principal Activities:

Trade of electronics and chemical products.

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No.

Date of Last Annual Return:

2011-10-27

Note:

Subject declined to disclose the staff number of subject, and from other sources, we couldn’t obtain the information, either.

 

History

 

Subject was incorporated on 2007-6-12 with registered number 200710394D as Limited Exempt Private Company in Singapore.

 

Shareholders

 

Name

Subscription AmountUnit: USD

Proportion of Investment (%)

TAN GUEK LING

70,000

70%

GOH SWEE HENG COLIN-TAN

30,000

30%

Total

100,000.00

100%

 

Subscription AmountUnit: SGD

 

GOH SWEE HENG COLIN-TAN

100

100%

Total

100

100%

 

 

Major Shareholder Information:

1

Name:

TAN GUEK LING

ID Number:

A14576393

Address:

30 Lorong Istimewa 14 Jalan Meru Batu Belah Kelang 41150 Malaysia

Nationality:

Malaysian

2

Name:

GOH SWEE HENG COLIN-TAN

ID Number:

S7036227I

Address:

230j Tampines Street 21 #05-669 Singapore 523230

Nationality:

Singapore Citizen

 

Subsidiaries & Branches

 

Subject introduced that it has many offices located around Asia Pacific, but the staff of subject declined to disclose more details about the offices.

 

Manage Information

 

Core Management

 

Detailed Information of Management:

1

Name:

LEE LAY CHING LORRAINE

Position:

Secretary

ID Number:

S1794045G

Address:

251 Kim Keat Link #08-117 Singapore 310251

Nationality:

Singapore Citizen

Date of Appointment:

2007-6-12

2

Name:

GOH SWEE HENG COLIN-TAN

Position:

Director

ID Number:

S7036227I

Address:

230j Tampines Street 21 #05-669 Singapore 523230

Nationality:

Singapore Citizen

Date of Appointment:

2007-6-12

 


Operation Information

 

Offices & Factories

 

 

Office

Address:

67 Ubi Crescent #05-05 Techniques Centre Singapore 408560

 

Production Information

 

l         Subject is a trader of electronics and chemical products without any production activities

 

Purchase

 

l         Subject introduced that material and the products are purchased from local Singapore and other Asia Countries.

 

Sales Information

 

l         Subject is mainly engaged in trading of electronics and chemical products.

l         Subject introduced that Major products sold as following:

 

Product

1

Industrial Chemicals

2

Chlorinated Solvents

3

Amines

4

Ketone

5

Aromatic Hydrocarbons

6

Glycols

7

Specialty Gas

8

Electronics

9

Others

l         Subject introduced that it is also engaged in helping the customers collect back their scrap for recycling.

l         Subject is also the regional agent for ETFE Fluon® Films for Asahi Glass Chemicals.

l         Subject introduced that it is supplying materials to the Printed Circuit Board, Chemicals, Semiconductor, Solar and Wind Energy Industry.

l         Subject introduced that its selling territory covers Asia.

 

 

Settlements

Subject declined to disclose the settlements information, and from other sources, we couldn’t obtain the information, either.

 

 

Financial Information

 

The financial information is not available from the subject or other sources.

 

Bankers

 

The bankers’ information is not available from the subject or other sources.

 

Public

 

Charges

 

Charge 1

Charge Number:

C200905821

Date of Registration:

2009-9-15

Name:

Oversea-Chinese Banking Corporation Limited

Amount Secured:

All Monies

Charge 2

Charge Number:

C200905821

Date of Registration:

2009-9-15

Name:

Oversea-Chinese Banking Corporation Limited

Amount Secured:

All Monies

Charge 3

Charge Number:

C201004944

Date of Registration:

2010-6-14

Name:

Oversea-Chinese Banking Corporation Limited

Amount Secured:

All Monies

 

Interview Details

 

Name:

Mr. Colin

Mobile Number:

+65 9066-2881

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.23

UK Pound

1

Rs.82.87

Euro

1

Rs.69.13

 

 

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.