MIRA INFORM REPORT
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Report Date : |
21.01.2012 |
IDENTIFICATION DETAILS
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Name : |
HOLA ENTERPRISE LTD. |
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Registered Office : |
4f.-2, No.8, Lane 25, Yueyang St., Nanzih District, Kaohsiung City 811 |
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Country : |
Taiwan |
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Date of Incorporation : |
12.01.2009 |
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Com. Reg. No.: |
29010674 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture and trade of food machine |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 5,000 |
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Status : |
Small Company |
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Payment
Behaviour : |
No Complaints |
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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) |
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Taiwan |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Contact
Points
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
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Registered Name: |
Hola Enterprise Ltd. |
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Registered Address: |
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Date of Foundation: |
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Registration Number: |
29010674 |
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Registry: |
Economic Development Bureau, Kaohsiung City |
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Registered Capital: |
(As of 2012.1, 1 NTD = 0.03324 USD) |
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Legal Representatives: |
Ruihong Wang |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock
Exchange: |
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Date of Last
Annual Return: |
The staff number is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
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Name |
Subscription
Amount |
|
Ruihong Wang |
800,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Factory:
|
Address: |
No. 94-1, Houzhuang Ln., Renwu Dist., Kaohsiung City
814, Taiwan (R.O.C.) |
Personnel
Information
Core
Management
|
Name |
Ruihong Wang |
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Position |
Director |
Operation
Information
Offices
& Factories
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|
Headquarters |
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Add |
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Production
Information
l
Subject is a manufacturer of food machine with the
production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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F206030 |
Retail of mold |
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F401010 |
International trade |
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ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
l
The components and raw material for production are
mostly purchased from local Taiwan.
l
The subject is mainly engaged in manufacturing and
trading of food machine and the related products.
l
Subject introduced that the main products of
subject are continuous pre-dusting powder machines, bread crumb machines,
tempura battering machines and continuous fryers, etc.
l
Subject introduced that its selling territory
covers many countries, such as Eastern Europe, Mid East, Western Europe, and
South Asia and so on.
Import and export right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Subject declined
the settlements information, and from other sources, we couldn’t obtain the
information, either.
Financial
Information
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Taiwan and the only source
from which we can obtain the information is the subject itself.
Subject’s relevant staff declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not obtain the
relevant information, either.
Bankers
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Name: |
Bank of Taiwan |
Note:
Subject just confirmed the bank name, but declined to disclose more
details, and from other sources, we couldn’t obtain the information about
bank’s swift number.
Public
Record
Mortgage
No chattel mortgage record of subject has been found within the recent
3 months.
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
Interview
Details
|
Name |
Ms. Wu |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.33 |
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UK Pound |
1 |
Rs.77.97 |
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Euro |
1 |
Rs.65.07 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.