MIRA INFORM REPORT

 

 

Report Date :           

05.01.2012

 

IDENTIFICATION DETAILS

 

Name :

TRAFIGURA PTE LTD

 

 

Registered Office :

1 Marina Boulevard #28-00 One Marina Boulevard Singapore 018989

 

 

Country :

Singapore

 

 

Financials (as on) :

30.09.2010

 

 

Date of Incorporation :

07.03.1996

 

 

Com. Reg. No.:

199601595d

 

 

Legal Form :

Limited Private Company

 

 

Line of Business :

Commodity and Futures Brokers and Dealers

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

S$1,000,000

 

 

Status :

Good

 

 

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 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

 

Executive Summary

 

Company Name

:

TRAFIGURA PTE LTD

Registration No

:

199601595D

Date of Registration

:

07/03/1996

Former Name

:

NA

Date of Change of Name

:

NA

Type of Company

:

LIMITED PRIVATE COMPANY

Registered Address

:

1 MARINA BOULEVARD #28-00 ONE MARINA BOULEVARD SINGAPORE 018989

Date of Change of Address

:

19/04/2004

Contact No.

:

6319 2960

Fax No.

:

6734 9448

Website

:

NA

Operating Address

:

501 Orchard Road, Hex10-01 Wheelock Place, Singapore 238880, Singapore

Registered Activities

:

1. COMMODITY AND FUTURES BROKERS AND DEALERS

2. OTHER INVESTMENT HOLDING COMPANIES

Issued Ordinary Capital*

:

$2.00 SINGAPORE, DOLLARS ,NO. OF SHARE : 2

Issued Preference Capital

:

NA

Paid-Up Ordinary Capital

:

$2.00 SINGAPORE, DOLLARS

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

:

4

No. of Local Associates

:

2

Auditor

:

ERNST & YOUNG LLP

Bankers / Financiers

:

BNP PARIBAS  (FORMERLY KNOWN AS BANQUE NATIONALE DE PARIS)

ING BANK N.V.

ICICI BANK UK PLC

SOCIETE GENERALE

BNP PARIBAS

THE ROYAL BANK OF SCOTLAND N.V.

NATIONAL AUSTRALIA BANK LIMITED

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.("RABOBANK NEDERLAND")

UNION DE BANQUES ARABES ET FRANCAISES-UBAF

UBS AG

NATIXIS

CHINATRUST COMMERCIAL BANK CO., LTD.

DBS BANK LTD.

BANK OF COMMUNICATIONS CO., LTD

UNICREDIT BANK AG

STANDARD CHARTERED BANK

THE BANK OF TOYKO-MITSUBISHI UFJ, LTD.

WESTPAC BANKING CORPORATION

COMMERZBANK AKTIENGESELLSCHAFT, LONDON BRANCH

CREDIT AGRICOLE (SUISSE) SA

NATIONAL BANK OF GREECE S.A.

ABN AMRO BANK N.V. AMSTERDAM BRANCH

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

RAIFFEISEN BANK INTERNATIONAL AG

SOCIETE GENERALE,PARIS

DEUTSCHE BANK AG, AMSTERDAM BRANCH

COOPERATIEVE CENTRALE RAIFFEISEN BOOERENLEENBANK BA., (TRADING AS RABOBANK INTL), SINGAPORE BRANCH

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A. (TRADING AS RABOBANK INTL), LONDON BRANCH

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., LONDON BRANCH

MIZUHO CORPORATE BANK, LTD.

OVERSEA-CHINESE BANKING CORPORATION LIMITED

UNITED OVERSEAS BANK LIMITED

SUMITOMO MITSUI BANKING CORPORATION SINGAPORE BRANCH

Turnover

:

SGD - SIN 21,440,091,700.00 (FY2010)

Net Worth

:

SGD - SIN 473,626,909.00 (FY2010)

No. of Bank Charges

:

89

No. of Litigation Suits

:

1

S1000 / SME 500 / FG50 Ranking

:

93 POSITION IN Singapore 1000 Companies Ranked by Net Profit (2009/2010)

21 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2009/2010)

10 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2008/2009)

1082 POSITION IN Singapore 1000 Companies Ranked by Net Profit (2008/2009)

384 POSITION IN Singapore 1000 Companies Ranked by Return on Equities (2007/2008)

Compounded Annual Growth Rate (CAGR)

:

9.48% (4 years)

 

 

Credit Recommendation

 

Recommended Credit Line

:

S$1,000,000

 

 

SHAREHOLDER DETAILS

 

NAME

:

TRAFIGURA BEHEER B.V.

SHAREHOLDER ID

:

S96UF0392L

NATIONALITY

:

NA

ADDRESS

:

GUSTAV MAHLERPLEIN 102, 1082 MA AMSTERDAM, THE NETHERLANDS

NO. OF ORD SHARES

:

2

% OF SHAREHOLDING

:

100%

CURRENCY

:

SINGAPORE, DOLLARS

 

OFFICER DETAILS

 

NAME

:

PIERRE ANDRE JACQUES LORINET

ADDRESS

:

CHEMIN DES GOTETTES, 62 CH-1222 VESENAZ, SWITZERLAND

POSITION

:

DIRECTOR

DATE OF APPT

:

07/03/2011

NATIONALITY

:

FRENCH

I/C PASSPORT

:

07AC44914

 

NAME

:

JONATHAN DAVID PEGLER

ADDRESS

:

56 MARYLANDS ROAD, LONDON ENGLAND W92DR, UNITED KINGDOM

POSITION

:

DIRECTOR

DATE OF APPT

:

07/03/2011

NATIONALITY

:

BRITISH

I/C PASSPORT

:

801233017

 

NAME

:

THOMAS KEVIN O'BRIEN

ADDRESS

:

5 TANGLIN HILL SINGAPORE 248036

POSITION

:

DIRECTOR

DATE OF APPT

:

19/09/2007

NATIONALITY

:

BRITISH

I/C PASSPORT

:

F2464529X

 

NAME

:

DOMINIC PATRICK WATTERS

ADDRESS

:

9 JALAN RUMIA SINGAPORE 277979

POSITION

:

DIRECTOR

DATE OF APPT

:

01/12/2010

NATIONALITY

:

BRITISH

I/C PASSPORT

:

G5790036P

 

NAME

:

SEET GEOK NEO PATRICIA

ADDRESS

:

33 GARLICK AVENUE SINGAPORE 275826

POSITION

:

SECRETARY

DATE OF APPT

:

01/07/2009

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1465985D

 

NAME

:

TAN BEE SUAN (CHEN MEIZUAN)

ADDRESS

:

761 CHOA CHU KANG NORTH 5 #12-179 SINGAPORE 680761

POSITION

:

SECRETARY

DATE OF APPT

:

01/07/2009

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S7124493H

 

 

KEY PERSONNEL PROFILE

 

Name:

THOMAS KEVIN O'BRIEN

NRIC Number:

F2464529X

Available Address:

5 TANGLIN HILL  SINGAPORE 248036

 

 

Current Business Interest

No.

Name

Position

Appt Date

#of Share

%

1

ALCOTRA SINGAPORE PTE. LTD.

DIRECTOR

01/03/2009

-

-

2

TAG ECO RECYCLING (SINGAPORE) PTE. LTD.

DIRECTOR

16/09/2008

-

-

3

TRAFIGURA OVERSEAS PROJECTS PTE. LTD.

DIRECTOR

11/08/2008

-

-

4

TRAFIGURA PTE LTD

DIRECTOR

19/09/2007

-

-

5

TRAFIGURA RETAIL FUELS PTE LTD

DIRECTOR

15/10/2007

-

-

6

TRAFIGURA SERVICES PTE. LTD.

DIRECTOR

19/09/2007

-

-

 

 

Previous Business

No.

Name

 

 

Status

Position

Appt Date

Last Known Inactive Date

1

ANGOECORE VENTURES PTE. LTD.

LIVE COMPANY

DIRECTOR

18/11/2010

27/09/2011

2

DTS COMMERCIAL PTE. LTD.

LIVE COMPANY

DIRECTOR

18/11/2010

22/12/2011

3

DTS HOLDINGS SINGAPORE PTE. LTD.

LIVE COMPANY

DIRECTOR

18/11/2010

22/12/2011

4

DTS REFINING PTE. LTD.

LIVE COMPANY

DIRECTOR

18/11/2010

28/11/2011

5

DTS SHIPPING VENTURES PTE. LTD.

LIVE COMPANY

DIRECTOR

18/11/2010

27/09/2011

6

DTS VENTURES PTE. LTD.

AMALGAMATED

DIRECTOR

18/11/2010

27/09/2011

7

NEMS (FAR EAST) PTE. LTD.

LIVE COMPANY

DIRECTOR

18/11/2010

18/11/2011

 

 

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 (%)

TRAFIGURA SERVICES PTE. LTD.

100

TRAFIGURA MARITIME LOGISTICS PTE. LTD.

100

TRAFIGURA (SINGAPORE) TRADING PTE. LTD.

100

TN SINGAPORE TRADING PTE. LTD.

51

DTS HOLDINGS SINGAPORE PTE. LTD.

50

DTS VENTURES PTE. LTD.

50

 

                                                                                                                       

BANKERS/ FINANCIERS

 

Subject enjoys a normal banking routine with its bankers. To date, there have been 89 bank charges registered against Subject by its bankers. The charge numbers are:

 

1)

Charge No.

:

C201115134

 

Date of Registration

:

01/12/2011

 

Chargee

:

BNP PARIBAS  (FORMERLY KNOWN AS BANQUE NATIONALE DE PARIS)

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

2)

Charge No.

:

C201115121

 

Date of Registration

:

01/12/2011

 

Chargee

:

BNP PARIBAS  (FORMERLY KNOWN AS BANQUE NATIONALE DE PARIS)

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

3)

Charge No.

:

C201114174

 

Date of Registration

:

10/11/2011

 

Chargee

:

ING BANK N.V.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

4)

Charge No.

:

C201112833

 

Date of Registration

:

12/10/2011

 

Chargee

:

ICICI BANK UK PLC

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

5)

Charge No.

:

C201112831

 

Date of Registration

:

12/10/2011

 

Chargee

:

ICICI BANK UK PLC

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

6)

Charge No.

:

C201112828

 

Date of Registration

:

12/10/2011

 

Chargee

:

ICICI BANK UK PLC

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

7)

Charge No.

:

C201111506

 

Date of Registration

:

14/09/2011

 

Chargee

:

SOCIETE GENERALE

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

8)

Charge No.

:

C201111189

 

Date of Registration

:

08/09/2011

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

9)

Charge No.

:

C201111188

 

Date of Registration

:

08/09/2011

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

10)

Charge No.

:

C201110641

 

Date of Registration

:

25/08/2011

 

Chargee

:

THE ROYAL BANK OF SCOTLAND N.V.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

11)

Charge No.

:

C201110284

 

Date of Registration

:

18/08/2011

 

Chargee

:

SOCIETE GENERALE

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

12)

Charge No.

:

C201107964

 

Date of Registration

:

01/07/2011

 

Chargee

:

NATIONAL AUSTRALIA BANK LIMITED

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

13)

Charge No.

:

C201106403

 

Date of Registration

:

27/05/2011

 

Chargee

:

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.("RABOBANK NEDERLAND")

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

14)

Charge No.

:

C201106402

 

Date of Registration

:

27/05/2011

 

Chargee

:

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.("RABOBANK NEDERLAND")

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

15)

Charge No.

:

C201106397

 

Date of Registration

:

27/05/2011

 

Chargee

:

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.("RABOBANK NEDERLAND")

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

16)

Charge No.

:

C201106344

 

Date of Registration

:

26/05/2011

 

Chargee

:

UNION DE BANQUES ARABES ET FRANCAISES-UBAF

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

17)

Charge No.

:

C201105069

 

Date of Registration

:

21/04/2011

 

Chargee

:

UBS AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

18)

Charge No.

:

C201105068

 

Date of Registration

:

21/04/2011

 

Chargee

:

UBS AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

19)

Charge No.

:

C201105063

 

Date of Registration

:

21/04/2011

 

Chargee

:

UBS AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

20)

Charge No.

:

C201105060

 

Date of Registration

:

21/04/2011

 

Chargee

:

UBS AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

21)

Charge No.

:

C201105056

 

Date of Registration

:

21/04/2011

 

Chargee

:

UBS AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

22)

Charge No.

:

C201105053

 

Date of Registration

:

21/04/2011

 

Chargee

:

UBS AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

23)

Charge No.

:

C201104208

 

Date of Registration

:

05/04/2011

 

Chargee

:

NATIXIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

24)

Charge No.

:

C201102912

 

Date of Registration

:

09/03/2011

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

25)

Charge No.

:

C201102911

 

Date of Registration

:

09/03/2011

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

26)

Charge No.

:

C201102902

 

Date of Registration

:

09/03/2011

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

27)

Charge No.

:

C201102899

 

Date of Registration

:

09/03/2011

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

28)

Charge No.

:

C201102896

 

Date of Registration

:

09/03/2011

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

 

 

 

29)

Charge No.

:

C201101921

 

Date of Registration

:

15/02/2011

 

Chargee

:

CHINATRUST COMMERCIAL BANK CO., LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

30)

Charge No.

:

C201101919

 

Date of Registration

:

15/02/2011

 

Chargee

:

CHINATRUST COMMERCIAL BANK CO., LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

31)

Charge No.

:

C201100831

 

Date of Registration

:

18/01/2011

 

Chargee

:

DBS BANK LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

32)

Charge No.

:

C201012677

 

Date of Registration

:

29/12/2010

 

Chargee

:

BNP PARIBAS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

33)

Charge No.

:

C201012532

 

Date of Registration

:

23/12/2010

 

Chargee

:

BANK OF COMMUNICATIONS CO., LTD

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

34)

Charge No.

:

C201010440

 

Date of Registration

:

03/11/2010

 

Chargee

:

UNICREDIT BANK AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

35)

Charge No.

:

C201010438

 

Date of Registration

:

03/11/2010

 

Chargee

:

UNICREDIT BANK AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

36)

Charge No.

:

C201008921

 

Date of Registration

:

01/10/2010

 

Chargee

:

STANDARD CHARTERED BANK

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

37)

Charge No.

:

C201006483

 

Date of Registration

:

28/07/2010

 

Chargee

:

THE BANK OF TOYKO-MITSUBISHI UFJ, LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

38)

Charge No.

:

C201006481

 

Date of Registration

:

28/07/2010

 

Chargee

:

THE BANK OF TOYKO-MITSUBISHI UFJ, LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

39)

Charge No.

:

C201006169

 

Date of Registration

:

20/07/2010

 

Chargee

:

STANDARD CHARTERED BANK

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

40)

Charge No.

:

C201006101

 

Date of Registration

:

16/07/2010

 

Chargee

:

WESTPAC BANKING CORPORATION

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

41)

Charge No.

:

C201005536

 

Date of Registration

:

01/07/2010

 

Chargee

:

COMMERZBANK AKTIENGESELLSCHAFT, LONDON BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

42)

Charge No.

:

C201003768

 

Date of Registration

:

07/05/2010

 

Chargee

:

NATIXIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

43)

Charge No.

:

C201003767

 

Date of Registration

:

07/05/2010

 

Chargee

:

NATIXIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

44)

Charge No.

:

C201003764

 

Date of Registration

:

07/05/2010

 

Chargee

:

NATIXIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

45)

Charge No.

:

C201003444

 

Date of Registration

:

26/04/2010

 

Chargee

:

ING BANK N.V.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

46)

Charge No.

:

C201002903

 

Date of Registration

:

07/04/2010

 

Chargee

:

CREDIT AGRICOLE (SUISSE) SA

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

47)

Charge No.

:

C201002902

 

Date of Registration

:

07/04/2010

 

Chargee

:

CREDIT AGRICOLE (SUISSE) SA

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

48)

Charge No.

:

C201002900

 

Date of Registration

:

07/04/2010

 

Chargee

:

CREDIT AGRICOLE (SUISSE) SA

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

49)

Charge No.

:

C201002898

 

Date of Registration

:

07/04/2010

 

Chargee

:

CREDIT AGRICOLE (SUISSE) SA

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

50)

Charge No.

:

C201002896

 

Date of Registration

:

07/04/2010

 

Chargee

:

CREDIT AGRICOLE (SUISSE) SA

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

51)

Charge No.

:

C201002894

 

Date of Registration

:

07/04/2010

 

Chargee

:

CREDIT AGRICOLE (SUISSE) SA

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

52)

Charge No.

:

C201002893

 

Date of Registration

:

07/04/2010

 

Chargee

:

CREDIT AGRICOLE (SUISSE) SA

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

53)

Charge No.

:

C201001418

 

Date of Registration

:

12/02/2010

 

Chargee

:

NATIONAL BANK OF GREECE S.A.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

54)

Charge No.

:

C201001415

 

Date of Registration

:

12/02/2010

 

Chargee

:

NATIONAL BANK OF GREECE S.A.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

55)

Charge No.

:

C201001412

 

Date of Registration

:

12/02/2010

 

Chargee

:

NATIONAL BANK OF GREECE S.A.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

56)

Charge No.

:

C201000640

 

Date of Registration

:

19/01/2010

 

Chargee

:

ABN AMRO BANK N.V. AMSTERDAM BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

57)

Charge No.

:

C200907526

 

Date of Registration

:

19/11/2009

 

Chargee

:

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

 

Amount Secured  and Currency

:

75,000,000.00 U.S. DOLLAR

 

Address

:

---

 

58)

Charge No.

:

C200907512

 

Date of Registration

:

18/11/2009

 

Chargee

:

WESTPAC BANKING CORPORATION

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

59)

Charge No.

:

C200907243

 

Date of Registration

:

10/11/2009

 

Chargee

:

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

60)

Charge No.

:

C200905464

 

Date of Registration

:

01/09/2009

 

Chargee

:

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

 

Amount Secured  and Currency

:

75,000,000.00 U.S. DOLLAR

 

Address

:

---

 

61)

Charge No.

:

C200905264

 

Date of Registration

:

24/08/2009

 

Chargee

:

SOCIETE GENERALE

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

62)

Charge No.

:

C200904797

 

Date of Registration

:

04/08/2009

 

Chargee

:

RAIFFEISEN BANK INTERNATIONAL AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

63)

Charge No.

:

C200904796

 

Date of Registration

:

04/08/2009

 

Chargee

:

RAIFFEISEN BANK INTERNATIONAL AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

64)

Charge No.

:

C200904717

 

Date of Registration

:

30/07/2009

 

Chargee

:

RAIFFEISEN BANK INTERNATIONAL AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

65)

Charge No.

:

C200904714

 

Date of Registration

:

30/07/2009

 

Chargee

:

RAIFFEISEN BANK INTERNATIONAL AG

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

66)

Charge No.

:

C200902668

 

Date of Registration

:

08/05/2009

 

Chargee

:

SOCIETE GENERALE,PARIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

67)

Charge No.

:

C200901088

 

Date of Registration

:

17/02/2009

 

Chargee

:

NATIONAL BANK OF GREECE S.A.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

68)

Charge No.

:

C200901086

 

Date of Registration

:

17/02/2009

 

Chargee

:

NATIONAL BANK OF GREECE S.A.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

69)

Charge No.

:

C200809742

 

Date of Registration

:

23/10/2008

 

Chargee

:

DEUTSCHE BANK AG, AMSTERDAM BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

70)

Charge No.

:

C200809301

 

Date of Registration

:

09/10/2008

 

Chargee

:

NATIXIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

71)

Charge No.

:

C200808522

 

Date of Registration

:

12/09/2008

 

Chargee

:

COOPERATIEVE CENTRALE RAIFFEISEN BOOERENLEENBANK BA., (TRADING AS RABOBANK INTL), SINGAPORE BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

72)

Charge No.

:

C200808522

 

Date of Registration

:

12/09/2008

 

Chargee

:

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A. (TRADING AS RABOBANK INTL), LONDON BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

73)

Charge No.

:

C200808503

 

Date of Registration

:

12/09/2008

 

Chargee

:

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.("RABOBANK NEDERLAND")

 

Amount Secured  and Currency

:

NA

 

Address

:

---

 

74)

Charge No.

:

C200808503

 

Date of Registration

:

12/09/2008

 

Chargee

:

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., LONDON BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

75)

Charge No.

:

C200807118

 

Date of Registration

:

31/07/2008

 

Chargee

:

MIZUHO CORPORATE BANK, LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

76)

Charge No.

:

C200807117

 

Date of Registration

:

31/07/2008

 

Chargee

:

MIZUHO CORPORATE BANK, LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

77)

Charge No.

:

C200807116

 

Date of Registration

:

31/07/2008

 

Chargee

:

MIZUHO CORPORATE BANK, LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

78)

Charge No.

:

C200807115

 

Date of Registration

:

31/07/2008

 

Chargee

:

MIZUHO CORPORATE BANK, LTD.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

79)

Charge No.

:

C200804950

 

Date of Registration

:

30/05/2008

 

Chargee

:

COMMERZBANK AKTIENGESELLSCHAFT, LONDON BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

80)

Charge No.

:

C200802277

 

Date of Registration

:

06/03/2008

 

Chargee

:

OVERSEA-CHINESE BANKING CORPORATION LIMITED

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

81)

Charge No.

:

C200700297

 

Date of Registration

:

12/01/2007

 

Chargee

:

NATIXIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

82)

Charge No.

:

C200700296

 

Date of Registration

:

12/01/2007

 

Chargee

:

NATIXIS

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

83)

Charge No.

:

C200608114

 

Date of Registration

:

30/11/2006

 

Chargee

:

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

84)

Charge No.

:

C200606741

 

Date of Registration

:

02/10/2006

 

Chargee

:

STANDARD CHARTERED BANK

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

85)

Charge No.

:

C200606379

 

Date of Registration

:

22/09/2006

 

Chargee

:

UNITED OVERSEAS BANK LIMITED

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

86)

Charge No.

:

C200602542

 

Date of Registration

:

20/04/2006

 

Chargee

:

SUMITOMO MITSUI BANKING CORPORATION SINGAPORE BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

87)

Charge No.

:

C200602541

 

Date of Registration

:

20/04/2006

 

Chargee

:

SUMITOMO MITSUI BANKING CORPORATION SINGAPORE BRANCH

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

88)

Charge No.

:

C200507310

 

Date of Registration

:

24/11/2005

 

Chargee

:

ING BANK N.V.

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

89)

Charge No.

:

200202574

 

Date of Registration

:

10/06/2002

 

Chargee

:

STANDARD CHARTERED BANK

 

Amount Secured  and Currency

:

All Monies

 

Address

:

---

 

             

 

 

LITIGATION

 

The following litigation suits were traced against Subject. Case status is as per available. For the latest status of the suit, please obtain the full details of the suit through Litigation Detail Search (DLIT) offered.

 

To date, there have been 1 litigation suits filed against Subject.

 

 

Current Year

On/After 01 Jan 2012

Past Years

W.e.f. 01 Jan 2012

 

Court (Claim under normal circumstances)

Magistrate (< $80,000)

0

0

District ($80,000 - $250,000)

0

1

High (>$250,000)

0

0

 

Winding Up Trace

 

No

In litigation/Dissolved/Struck Off/In receivership

No

 

The details are as follows:

 

1)

Court

:

District Court

 

Case No.

:

3168

 

Date of Filing

:

21/09/2010

 

Amount

:

86,000.00

 

Cause

:

Others / Miscellaneous

 

Case Status

:

CONCLUDED

 

Plaintiff

:

PT.GREEN BAY RESOURCES

 

Last Update Date

:

21/07/2011

 

 

COMPLIANCE

 

Date of Last AGM

:

15/03/2011

Date of Last AR

:

24/03/2011

Date of A/C Laid At Last AGM

:

30/09/2010

 

FINANCIAL HIGHLIGHTS

 

Financial Figures

Company

 

SEP 2010

% Change

SEP 2009

SEP 2008

SEP 2007

SEP 2006

Currency

SGD - SIN

 

SGD - SIN

SGD - SIN

SGD - SIN

SGD - SIN

Profit and Loss Key Figures

 

 

 

 

 

 

Turnover

21,440,091,700

62.87

13,164,053,034

24,603,690,428

17,837,746,016

14,924,326,212

Profit/(Loss) Before Tax

23,101,084

-91.69

278,074,152

12,177,109

43,375,320

35,777,198

Profit After Tax attributable to Shareholders

21,537,748

-91.83

263,552,700

11,497,561

40,019,842

30,128,081

 

 

 

 

 

 

 

Balance Sheet Key Figures

 

 

 

 

 

 

Total Assets

3,754,083,244

-5.24

3,961,629,348

4,041,554,759

3,151,742,390

3,334,382,064

Current Assets

3,680,130,144

-7.02

3,958,012,996

4,037,998,364

3,151,475,112

3,333,736,219

Non Current Assets

73,953,100

1,944.96

3,616,352

3,556,395

267,278

645,845

 

 

 

 

 

 

 

Total Liabilities

3,280,456,334

-8.26

3,575,889,086

3,930,942,862

3,052,626,728

3,277,270,954

Current Liabilities

3,280,456,334

-8.26

3,575,889,086

3,930,942,862

3,052,626,728

3,277,270,954

Non Current Liabilities

0

NA

0

0

0

0

 

 

 

 

 

 

 

Shareholders' Funds

473,626,909

22.78

385,740,261

110,611,898

99,115,661

57,111,110

Share Capital

0

NA

0

0

0

0

Total Reserves

473,626,909

22.78

385,740,261

110,611,898

99,115,661

57,111,110

 

 

 

 

 

 

 

 

 

 

FINANCIAL RATIOS

 

 

Company

 

SEP 2010

SEP 2009

SEP 2008

SEP 2007

SEP 2006

Growth %

 

 

 

 

 

Year-on-Year Growth

62.87

-46.50

37.93

19.52

NA

 

 

 

 

 

 

Profitability

 

 

 

 

 

Profit Margin (%)

0.10

2.00

0.05

0.22

0.20

Return on Equity (%)

4.55

68.32

10.39

40.38

52.75

Return on Assets (%)

0.57

6.65

0.28

1.27

0.90

 

 

 

 

 

 

Leverage

 

 

 

 

 

Total Debt/Equity (Times)

6.93

9.27

35.54

30.80

57.38

Current Debt/Equity (Times)

6.93

9.27

35.54

30.80

57.38

Long Term Debt To Equity (Times)

0.00

0.00

0.00

0.00

0.00

Total Asset To Total Equity (Times)

7.93

10.27

36.54

31.80

58.38

 

 

 

 

 

 

Asset Management

 

 

 

 

 

Total Assets Turnover (Times)

5.71

3.32

6.09

5.66

4.48

Fixed Assets Turnover (Times)

289.91

3,640.15

6,918.15

66,738.55

23,108.22

 

 

 

 

 

 

Liquidity

 

 

 

 

 

Current Ratio (Times)

1.12

1.11

1.03

1.03

1.02

 

 

 

 

 

 

 

FINANCIAL COMMENTARY

 

Compound Annual Growth Rate

 

The company's CAGR is 9.48% (4 years).

 

CAGR is the year-over-year growth rate of a company over a specified period. Instead of looking at the average growth rate, CAGR allow users to look at the annualized growth rate of a company over a given period, a more indicative measure of growth of a company’s performance over a given period.

 

 

Profitability

The company yielded a rate of net profit on sales of 0.10 per cent in FY10 (FY09: 2.00 per cent). The company is now able to book in SGD - SIN 0.00 of profit for every SGD - SIN of sales in FY10, as compared with SGD - SIN 0.02 a year ago.

 

 

Liquidity

 

Current ratio stood at 1.12 times in FY10 (FY09: 1.11 times). This means that the company has SGD - SIN 1.12 of current assets for every SGD - SIN of current liability incurred.

 

A minimum figure of 1.0 would be considered the lowest limit that this figure should reach. Any business that has a current ratio near 1.0 may be heading for liquidity problems, and would need to be closely monitored. A figure greater than 2.0 would be more desirable, to act as a buffer against any short-term liquidity problems, and give creditors/bank managers a degree of comfort when granting credit/finance.

 

 

Leverage

Total debt-to-equity ratio notched 6.93 times in FY10, as compared with 9.27 times in FY09. This means that the company requires additional external financing of SGD - SIN 6.93 for every SGD - SIN injected into its operations.

 

Generally, a total debt-to-equity ratio of less than 0.5 times is preferred. The ratio measures the proportion of the company's reliance on external debt for financing, relative to the shareholder's fund. A lower ratio would imply a greater financial safety and operating freedom for the company.

 

 

Efficiency Ratio

 

Return on equity was 4.55 per cent for Subject in the current financial period, as compared to 68.32 per cent a year ago. The return on equity measures the return earned on the owner's investment.  Generally, the higher this return, the better off the owner.

 

Return on assets stood at 0.57 per cent (FY09: 6.65 per cent). The return on asset measures the overall effectiveness of management in generating profit with its available assets.

 

Total assets turnover ratio logged at 5.71 times in FY10 (FY09: 3.32 times). This ratio measures the company's ability to make productive use of its total assets to generate sales which reflects the efficiency of the management in utilising its resources.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.53.14

UK Pound

1

Rs.83.08

Euro

1

Rs.69.25

 

 

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.