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Report Date : |
03.07.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
CHIAU CHERN ENTERPRISE CO., LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
28.12.1996 |
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Com. Reg. No.: |
97349462 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Trader of fruits |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
Notes:
The supplied name and address are incomplete, and the exact name and address are as above.
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Credit Opinion: |
According to the supplied name and address, we found a telephone
number of subject (+886 4-25818980),
and a staff of subject answered the phone. He just confirmed the name and the
address of subject, but declined to disclose more details about subject.
From the other
sources, we found that subject is mainly engaged in trading of fruits, since
subject didn’t confirm the information directly, we can not confirm the
information.
We found subject’s
registration information as follows for reference.
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Registered Name: |
Chiau Chern Enterprise
Co., Ltd. |
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Registered Address: |
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Date of Foundation: |
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Registration Number: |
97349462 |
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Registry: |
MOEA Central Office |
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Registered Capital: |
(As of 2012.7, 1 NTD
=0.03351 USD) |
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Legal Representatives: |
Nianqing Pan |
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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: |
Note:
Subject declined to disclose the staff number, and from other sources, we couldn’t obtain the information, either.
Subject
was incorporated on
|
Name |
Subscription
Amount |
|
Nianqing Pan |
8,000,000 |
The information above is that of subject’s major shareholders.
Core
Management
|
Name |
Nianqing Pan |
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Position |
Director |
Offices
& Factories
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Headquarters |
|
Add |
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Production
Information
l
Subject is a trader of fruits and the related
products without any production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Import and
export of flowers, vegetables and fruits. |
|
2 |
Trade of
agricultural products. |
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3 |
Distribution of
food and can |
l
The productions are mostly purchased from abroad.
l
Subject is mainly engaged in trading of fruits and
the related products.
l
Subject introduced that the selling territory
mainly covers domestic market.
l
Subject declined to disclose any information about
subject. And we confirmed the information above indirectly from subject.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Subject declined to disclose the settlements information, and from other sources, we couldn’t obtain the information, either.
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.
The bankers’ information
is not available from the subject or other sources.
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.
Note:
A man answered the phone, but declined to disclose his name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.83 |
|
UK Pound |
1 |
Rs.87.41 |
|
Euro |
1 |
Rs.70.43 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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 |
|
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 |
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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.