|
Report Date : |
06.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
PHILIPS
ELECTRONICS HONG KONG
LTD. |
|
|
|
|
Registered Office : |
5/F. and 6/F., Core Building 1, 1 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
27.08.1997 |
|
|
|
|
Com. Reg. No.: |
21226728 |
|
|
|
|
Legal Form : |
Private Limited Company. |
|
|
|
|
Line of Business : |
Manufacturing and marketing of “Philips” consumer
electronic products, domestic appliances, semiconductors, components, medical
systems, industrial electronics, communication systems and lighting products
in Hong Kong and |
|
|
|
|
No. of Employees : |
121,888. (As at
31-12-2011) |
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 |
|
Status : |
Good |
|
Payment Behaviour : |
Regular |
|
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) |
|
Hong Kong |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
PHILIPS ELECTRONICS
HONG KONG LTD.
5/F. and 6/F., Core Building 1, 1 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong.
PHONE: 2821 5888
FAX: 2861 3578
E-MAIL: steve.chan@philips.com
Managing Director: Ms. TSE Sin Man
Incorporated on: 27th August, 1997.
Organization: Private Limited Company.
Capital: Nominal: HK$6,000,000,000.00
Issued: HK$4,621,980,000.00
Business Category: Manufacturing and marketing of “Philips” industrial and consumer electronic products.
Group Turnover: €22,579 million (Year ended 31-12-2011)
Group Employees: 121,888. (As at 31-12-2011)
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Very good.
Registered Head
Office:-
5/F. and 6/F., Core Building 1, 1 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong.
Showroom:-
27/F. - 29/F., Hopewell Centre, 17 Kennedy Road, Wanchai, Hong Kong.
R&D Centre:-
· 5/F., Philips Electronics Building, 5 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong.
[Tel: 2489 3000; Fax: 2418 6033]
· G.P.O. Box 2108, Hong Kong.
Trading as:-
· Business Group Philips Speaker Systems, Hong Kong.
Business
Unit Portable Audio, Hong Kong.
International
Purchasing Office, Hong Kong.
LCD
Factory, Hong Kong.
Philips
Consumer Lifestyle, Hong Kong.
Philips
Design, Hong Kong.
Philips
Digital Networks, Hong Kong.
Philips
Electronics Hong Kong Ltd. - Light Factory, Hong Kong.
Philips
Healthcare Greater China, Hong Kong.
Philips
Healthcare Multi Country Region Asia Pacific, Hong Kong.
Philips
Semiconductors Competence Centre Hong Kong, Hong Kong.
Philips
Sound Solutions APAC, Hong Kong.
Power
Components Asia Pacific, Hong Kong.
Power
Management Asia Pacific, Hong Kong.
Respironics
Hong Kong Trading, Hong Kong.
Semiconductors,
Hong Kong.
Immediate Holding
Company:-
· Philips Electronics China B.V., Netherlands.
Ultimate Holding
Company:-
· Koninklijke Philips Electronics N.V., Netherlands.
[Also known as Royal Philips Electronics N.V.]
Affiliated
Companies:-
Philips
Group of Companies
210
East Tarrant Street Realty Co., USA.
Adac
Capital LLC, USA.
Adac
Iberia S.A., Spain.
Adac
Laboratories Europe B.V., Netherlands.
Advance
Transformer Co. S.A. de C.V., Mexico.
Advance
Transformer Co., USA.
Advanced
Technology Laboratories Argentina SA, Argentina.
Advanced
Technology Laboratories Inc., USA.
Alkrode
B.V., Netherlands.
Alltronics
LLC, USA.
Alpha
X-Ray Technologies Pvt. Ltd., India.
American
Color & Chemical LLC, USA.
Apollo
Light Systems Inc., USA.
Assembléon
America Inc., USA.
Assembléon
B.V., Netherlands.
Assembléon
China B.V., Netherlands.
Assembléon
Deutschland GmbH, Germany.
Assembleon
Hong Kong Ltd., Hong Kong.
Assembléon
Italia S.r.l., Italy.
Assembléon
Mexicana S.A. de C.V., Mexico.
Assembléon
Netherlands B.V., Netherlands.
Assembléon
Philippines Inc., Philippines.
Assembleon
Singapore Pte. Ltd, Singapore.
Assembleon
Taiwan Ltd., Taiwan.
Assembleon
Technology (Suzhou) Co. Ltd., China.
Assembléon
UK Ltd., UK.
ATL
International LLC, USA.
ATL
Ultrasound Inc., USA.
Atlas
Diagnostics International Inc., USA.
Avelingen
Licht Holding B.V., Netherlands.
Avent
Finance Ltd., UK.
Avent
Group Ltd., UK.
Avent
Holdings Ltd., UK.
Avent
Ltd., UK.
Canlyte
ULC, Canada.
Cannon
Avent (Singapore) Pte. Ltd., Singapore.
Cannon
Babysafe Ltd., UK.
Cardiac
Evaluation Services Inc., USA.
Chicago
Magnet Wire Corporation, USA.
Children’s
Medical Ventures LLC, USA.
CIV
Comércio e Importação Vitória Ltda., Brazil.
Componentes
Eléctricos de Lámparas S.A. de C.V., Mexico.
Consort
Investments B.V., Netherlands.
DCF
International Ltd., USA.
Dixtal
Biomédica Indústria e Comércio Ltda., Brazil.
Dixtal
Medical Inc., USA.
Dixtal
Tecnologia Indústria e Comércio Ltda., Brazil.
DLO
Asia Ltd., Hong Kong.
Dynalite
Europe Ltd., UK.
Dynalite
Intelligent Light Pty. Ltd., Australia.
Dynalite
South Africa (Pty.) Ltd., South Africa.
E
& D GmbH, Germany.
EBT
Technology Inc., Taiwan.
ECS
Lighting Controls Ltd., UK.
Electrologica
B.V., Netherlands.
Electronic
Devices Ltd., Hong Kong.
Elektro
Holding S.A., Luxembourg.
Elfe
S.p.A., Italy.
Emergin
Inc., USA.
Exenkaf
Holding B.V., Netherlands.
Fábrica
Austral de Productos Eléctricos SA, Argentina.
Fianara
International B.V., Netherlands.
Framas
Lightings Ltd., Hong Kong.
Gaggia
GmbH, Germany.
Gaggia
S.p.A., Italy.
Genlyte
Canadian Holdings LLC, USA.
Genlyte
Holding Canada B.V., Netherlands.
Genlyte
Intangible Inc., USA.
Genlyte
Thomas Group LLC, USA.
Genlyte
Thomas Group Nova Scotia ULC, Canada.
Global
Re N.V., Netherlands.
GT
Mexican Holding Corporation, Panama.
GTG
Intangible Holdings LLP, USA.
GTG
International Acquisitions LP, Canada.
Hanover
Lantern Inc., USA.
Hasrode
B.V., Netherlands.
Helfont
Produtos Elétricos Ltda., Brazil.
Hilvarenbeek
Training Services B.V., Netherlands.
Hoffmeister-Leuchten
Gesellschaft mbH, Austria.
HTCE
General Partner B.V., Netherlands.
HTCE
Site Management B.V., Netherlands.
IGC-Superpower
LLC, USA.
Ilti
Luce S.r.l., Italy.
Imaging
Components Heerlen B.V., Netherlands.
Imel
AG, Switzerland.
Inbraphil-Indústrias
Brasileiras Philips Ltda., Brazil.
Industrias
Venezolanas Philips S.A., Venezuela.
Industriegrundstücks-Verwaltungsgesellschaft
mbH, Austria.
Industriële
Ontwikkelings-Maatschappij B.V., Netherlands.
Internationaal
Octrooibureau B.V., Netherlands.
Invivo
Corporation, USA.
Invivo
UK Ltd., UK.
JJI
Lighting Group Inc., USA.
Kaerys
S.A.S., France.
Larestine
Ireland Ltd., Ireland.
Latin-American
Holdings Corporation, Canada.
Les
Distribution Saeco Canada Ltée., Canada.
Lifeline
Systems Canada ULC, Canada.
Lifeline
Systems Co., USA.
Lifeline
Systems Holding B.V., Netherlands.
Lifeline
Systems Inc., USA.
Lighthouse
Consulting Group B.V., Netherlands.
Lighting
de Colombia S.A., Colombia.
Lighting.com.
Inc., USA.
Lightolier
de Mexico S.A. de C.V., Mexico.
Ljusgruppen
Aktiebolag, Sweden.
Lumec
Holding ULC., Canada.
Lumisistemas
de México S.A. de C.V., Mexico.
Manufacturers
Services Poland Sp.z.o.o., Poland.
Marconi
Medical Systems Netherlands B.V., Netherlands.
Massive
AG, Switzerland.
Massive
Asia Pacific Ltd., Hong Kong.
MASSIVE
d.o.o., Croatia.
Massive
Holding UK Ltd., UK.
MASSIVE
Hungária Villamosipari Termelö Kft., Hungary.
Massive
Ireland Ltd., Ireland.
Massive
Lighting d.o.o., Serbia.
Massive
Produktie Nederland B.V., Netherlands.
Massive
Romania Impex S.R.L., Romania.
Matevu
Import Export B.V., Netherlands.
Medith
Oy, Finland.
Meditronics
Healthcare Pvt. Ltd., India.
Melhk
Ltd., Hong Kong.
Melmedical
Co. Ltd., China.
Mepco/Centralab
Inc., USA.
Mini-Mitter
Co. Inc., USA.
MMD
Singapore Pte. Ltd., Singapore.
Modular
Lighting Nederland B.V., Netherlands.
MRI
Devices Corporation, USA.
Mullard
Ltd., UK.
NavPart
II B.V., Netherlands.
Necesse
B.V., Netherlands.
Neglin
Lamp B.V., Netherlands.
New
Oxford Aluminum LLC, USA.
Nihon
Saeco K.K., Japan.
Noble
Europe B.V., Netherlands.
Nolam
23 S.A.S., France.
Normed
AS, Norway.
Optical
Manufacturing and Holding Co. B.V., Netherlands.
P.T.
Pesona Gemilang Raya, Indonesia.
P.T.
Philips Indonesia, Indonesia.
P.T.
Philips Industries Batam, Indonesia.
Paco
Adviseurs voor Informatiesystemen B.V., Netherlands.
PCW
Beheermaatschappij B.V., Netherlands.
PD
Magnetics B.V., Netherlands.
PDO
Professional Digital Optical Media B.V., Netherlands.
Pegaso
S.r.l., Italy.
Penac
World Sales Inc., Barbados.
Philips
& LiteOn Digital Solutions Korea Ltd., Republic of Korea.
Philips
& Lite-on Digital Solutions USA Inc., USA.
Philips
& Neusoft Medical Systems Co. Ltd., China.
Philips
& Yaming Lighting Co. Ltd., China.
Philips
Accounting Services Ltd., Ireland.
Philips
Advanced Metrology Systems Inc., USA.
Philips
Aerospace B.V., Netherlands.
Philips
AG, Switzerland.
Philips
Aktiebolag, Sweden.
Philips
Antillana N.V., Netherlands Antilles.
Philips
Apeldoorn B.V., Netherlands.
Philips
Appliances Ltd., Canada.
Philips
Argentina SA, Argentina.
Philips
Austria GmbH, Austria.
Philips
Automotive Lighting Hubei Co. Ltd., China.
Philips
Baltic SIA, Latvia.
Philips
Bangladesh Ltd., People’s Republic of Bangladesh.
Philips
Bulgaria EOOD, Bulgaria.
Philips
Business Electronics International B.V., Netherlands.
Philips
Canada Ltd., Canada.
Philips
Caribbean Panamá Inc., Panama.
Philips
Ceská republika s.r.o., Czech Republic.
Philips
Chilena S.A., Chile.
Philips
Colombiana de Comercialización S.A., Colombia.
Philips
Communication Systems B.V., Netherlands.
Philips
Components B.V., Netherlands.
Philips
Components International B.V., Netherlands.
Philips
Components Ltd., UK.
Philips
Consumer Communications B.V., Netherlands.
Philips
Consumer Communications International B.V., Netherlands.
Philips
Consumer Communications UK Ltd., UK.
Philips
Consumer Electronic Services B.V., Netherlands.
Philips
Consumer Electronics Export B.V., Netherlands.
Philips
Consumer Lifestyle B.V., Netherlands.
Philips
Consumer Lifestyle International B.V., Netherlands.
Philips
Consumer Lighting (Ningbo) Co. Ltd., China.
Philips
Consumer Lighting (Shenzhen) Co. Ltd., China.
Philips
Consumer Luminaires Denmark A/S, Denmark.
Philips
Consumer Luminaires Estonia OU, Estonia.
Philips
Consumer Luminaires Norway AS, Norway.
Philips
Consumer Luminaires Sweden AB, Sweden.
Philips
Consumer Luminaires The Netherlands B.V., Netherlands.
Philips
Consumer Luminaires UK Ltd., UK.
Philips
Consumer Relations B.V., Netherlands.
Philips
Crypto B.V., Netherlands.
Philips
CSI Inc., USA.
Philips
da Amazônia Indústria Eletrônica Ltda., Brazil.
Philips
Danmark A/S, Denmark.
Philips
DAP Suzhou Holding B.V., Netherlands.
Philips
DAP Zhuhai Holding B.V., Netherlands.
Philips
del Paraguay S.A., Paraguay.
Philips
Design Ltd., UK.
Philips
Deutschland GmbH, Germany.
Philips
Digital Networks B.V., Netherlands.
Philips
Digital Video Systems (Breda) B.V., Netherlands.
Philips
do Brasil Ltda., Brazil.
Philips
Domestic Appliances & Personal Care Co. of Suzhou Ltd., China.
Philips
Domestic Appliances & Personal Care Co. of Zhuhai SEZ Ltd., China.
Philips
Domestic Appliances and Personal Care International B.V, Netherlands.
Philips
Dominicana S.A., Dominican Republic.
Philips
Electrical Co. of Pakistan (Private) Ltd., Pakistan.
Philips
Electrical Industries of Pakistan Ltd., Pakistan.
Philips
Electronic Equipment Ltd., Canada.
Philips
Electronic Supplies (Malaysia) Sdn. Bhd., Malaysia.
Philips
Electronics & Lighting Inc., Philippines.
Philips
Electronics (Israel) Ltd., Israel.
Philips
Electronics (Shenzhen) Co. Ltd., China.
Philips
Electronics (Thailand) Ltd., Thailand.
Philips
Electronics Asia Pacific Pte. Ltd., Singapore.
Philips
Electronics Australia Ltd., Australia.
Philips
Electronics Employment Services B.V., Netherlands.
Philips
Electronics India Ltd., India.
Philips
Electronics Industries (Taiwan) Ltd., Taiwan.
Philips
Electronics Ireland Ltd., Ireland.
Philips
Electronics Japan Ltd., Japan.
Philips
Electronics Korea Ltd., Republic of Korea.
Philips
Electronics Ltd., Canada.
Philips
Electronics Malaysia Sdn. Bhd., Malaysia.
Philips
Electronics Middle East & Africa B.V., Netherlands.
Philips
Electronics Nederland B.V., Netherlands.
Philips
Electronics North America Corporation, USA.
Philips
Electronics Realty Corporation, USA.
Philips
Electronics Representative Offices B.V., Netherlands.
Philips
Electronics Singapore Pte. Ltd, Singapore.
Philips
Electronics Technology (Shanghai) Co. Ltd., China.
Philips
Electronics Technology Shanghai Holding B.V., Netherlands.
Philips
Electronics Trading & Services (Shanghai) Co. Ltd, China.
Philips
Electronics UK Ltd., UK.
Philips
Electronics Vietnam Ltd., Vietnam.
Philips
Eletrônica da Amazônia Ltda., Brazil.
Philips
Eletrônica do Nordeste S.A., Brazil.
Philips
Emergency Lighting LLC, USA.
Philips
Employee Share Plan Pty. Ltd., Australia.
Philips
Enabling Technologies Group B.V., Netherlands.
Philips
Enabling Technologies Group Nederland B.V., Netherlands.
Philips
Export B.V., Netherlands.
Philips
Extreme UV GmbH, Germany.
Philips
GmbH, Germany.
Philips
Healthcare (Suzhou) Co. Ltd., China.
Philips
Healthcare Informatics Inc., USA.
Philips
Healthcare Informatics Ltd., UK.
Philips
Hearing Technologies B.V., Netherlands.
Philips
Hengdian Lighting (HK) Holding Ltd., Hong Kong.
Philips
High Tech Plastics B.V., Netherlands.
Philips
Holding México S.A. de C.V., Mexico.
Philips
Holding USA Inc., USA.
Philips
Holdings Ltd., UK.
Philips
Hong Kong Ltd., Hong Kong.
Philips
Ibérica S.A., Spain.
Philips
Imaging Systems China Holding B.V., Netherlands.
Philips
Impex Ltd., UK.
Philips
Industrial Development Inc., Philippines.
Philips
Industrial Electronics Nederland B.V., Netherlands.
Philips
Industriepark Rothe Erde GmbH, Germany.
Philips
Intellectual Property & Standards GmbH, Germany.
Philips
Interactive Media Benelux B.V., Netherlands.
Philips
International B.V., Netherlands.
Philips
International Finance S.A., Luxembourg.
Philips
Lamps and Luminaires Ltd., UK.
Philips
Lighting B.V., Netherlands.
Philips
Lighting Bielsko Sp.z.o.o., Poland.
Philips
Lighting Electronics (Shanghai) Co. Ltd., China.
Philips
Lighting Electronics (Xiamen) Co. Ltd., China.
Philips
Lighting Electronics Co., USA.
Philips
Lighting Electronics México S.A. de C.V., Mexico.
Philips
Lighting Electronics Shanghai Holding B.V., Netherlands.
Philips
Lighting Holding B.V., Netherlands.
Philips
Lighting Ltd., UK.
Philips
Lighting Luminaires (Shanghai) Co. Ltd., China.
Philips
Lighting Malaysia Sdn. Bhd., Malaysia.
Philips
Lighting Poland S.A., Poland.
Philips
Lübeckertordamm 5 Dritte Verwaltungs-GmbH, Germany.
Philips
Lübeckertordamm 5 Fünfte Verwaltungs-GmbH, Germany.
Philips
Lübeckertordamm 5 Vierte Verwaltungs-GmbH, Germany.
Philips
LumiLeds Holding B.V., Netherlands.
Philips
Lumileds Lighting Co. (Holding) B.V., Netherlands.
Philips
Lumileds Lighting Co. B.V., Netherlands.
Philips
LumiLeds Lighting Co. LLC, USA.
Philips
LumiLeds Lighting Co. Sdn. Bhd., Malaysia.
Philips
Magyarország Kereskedelmi Kft., Hungary.
Philips
Malaysia Sdn. Bhd., Malaysia.
Philips
Marketing Services Inc., USA.
Philips
Media B.V., Netherlands.
Philips
Media Systems B.V., Netherlands.
Philips
Medical Customer Support (Pty.) Ltd., South Africa.
Philips
Medical Financial Services Inc., USA.
Philips
Medical Refurbished Systems B.V., Netherlands.
Philips
Medical Systems (Cleveland) Inc., USA.
Philips
Medical Systems (East Africa) Ltd., Kenya.
Philips
Medical Systems (PMMS Sales) Corporation, USA.
Philips
Medical Systems (Proprietary) Ltd., South Africa.
Philips
Medical Systems DMC GmbH, Germany.
Philips
Medical Systems Export Inc., USA.
Philips
Medical Systems Holding B.V., Netherlands.
Philips
Medical Systems International B.V., Netherlands.
Philips
Medical Systems LLC, Russian Federation.
Philips
Medical Systems Ltda., Brazil.
Philips
Medical Systems MR Inc., USA.
Philips
Medical Systems Nederland B.V., Netherlands.
Philips
Medical Systems Puerto Rico Inc., Puerto Rico.
Philips
Medical Systems s.r.o., Slovakia.
Philips
Medical Systems Technologies Ltd., Israel.
Philips
Medical Systems UK Ltd., UK.
Philips
Medizin Systeme Böblingen GmbH, Germany.
Philips
Medizin Systeme Hofheim-Wallau GmbH, Germany.
Philips
Medizinische Systeme Gesellschaft mbH, Austria.
Philips
Mexicana S.A. de C.V., Mexico.
Philips
MPEG Inc., USA.
Philips
Nederland B.V., Netherlands.
Philips
Nederland Financieringsmaatschappij B.V., Netherlands.
Philips
New Zealand Ltd., New Zealand.
Philips
Norge AS, Norway.
Philips
Oral Healthcare Inc., USA.
Philips
Outdoor Lighting Romania S.R.L., Romania.
Philips
Overseas Holdings Corporation, Canada.
Philips
Oy, Finland.
Philips
Participations B.V., Netherlands.
Philips
Patient Monitoring Systems China Holding B.V., Netherlands.
Philips
Pension Trustees Ltd., UK.
Philips
Peruana S.A., Peru.
Philips
PMF International B.V., Netherlands.
Philips
PMF Nederland B.V., Netherlands.
Philips
Polska Sp.z.o.o., Poland.
Philips
Portuguesa S.A., Portugal.
Philips
Projects B.V., Netherlands.
Philips
Radio Communication Systems Ireland Ltd., Ireland.
Philips
Real Estate Investment Management B.V., Netherlands.
Philips
Romania S.R.L., Romania.
Philips
S Ventures LP Inc., USA.
Philips
SC Unterstützungskasse GmbH, Germany.
Philips
Semiconductor Manufacturing Inc., USA.
Philips
Semiconductors Inc., USA.
Philips
Singapore Pte. Ltd., Singapore.
Philips
Slovakia s.r.o., Slovakia.
Philips
Slovenija trgovina d.o.o., Slovenia.
Philips
Solid-State Lighting Solutions Inc., USA.
Philips
South Africa (Proprietary) Ltd., South Africa.
Philips
Taiwan Ltd., Taiwan.
Philips
Technologie GmbH, Germany.
Philips
Technologie Lübeckertordamm 5 Erste Verwaltungs-GmbH, Germany.
Philips
Telecommunicatie en Data Systemen Nederland B.V., Netherlands.
Philips
Telecommunication & Data Systems Ltd., Australia.
Philips
Trading House B.V., Netherlands.
Philips
Trans-America Holdings Corporation, Canada.
Philips
Trustee Co. Ltd., UK.
Philips
Tunisienne d’Eclairage S.A., Tunisia.
Philips
U.K. Ltd., UK.
Philips
Ultrasound Inc., USA.
Philips
UQE Holding Co. Inc., USA.
Philips
Uruguay S.A., Uruguay.
Philips
Venture Capital Fund B.V., Netherlands.
Philips
Ventures II Inc., USA.
Philips
Ventures Inc., USA.
Philips
Warehouse & Services B.V., Netherlands.
Picker
International del Caribe Inc., USA.
PLDS
Germany GmbH, Germany.
PLDS
Netherlands B.V., Netherlands.
Productos
de Consumo Electrónico Philips S.A. de C.V., Mexico.
Profile
Pharma Ltd., UK.
Project
Realty LLC, USA.
Pro-Tech
Services Inc., USA.
Pye
(Electronic Products) Ltd., UK.
Pyecam
Co. Ltd., UK.
Raytel
Cardiac Services Inc., USA.
Raytel
Imaging Network Inc., USA.
Raytel
USA Inc., USA.
Reality
Leuchten GmbH, Germany.
Remediation
Services Inc., USA.
Respironics
(HK) Ltd., Hong Kong.
Respironics
(Ireland) Ltd., Ireland.
Respironics
(UK) Ltd., UK.
Respironics
Australia Holdings Pty. Ltd., Australia.
Respironics
Australia Pty. Ltd., Australia.
Respironics
Bermuda Ltd., USA.
Respironics
California Inc., USA.
Respironics
Charitable Foundation, USA.
Respironics
Colorado Inc., USA.
Respironics
Deutschland GmbH & Co. KG, Germany.
Respironics
Deutschland Verwaltungsgesellschaft mbH, Germany.
Respironics
do Brasil Representação de Produtos Médicos Ltda., Brazil.
Respironics
Holding France B.V., Netherlands.
Respironics
Holding Japan B.V., Netherlands.
Respironics
Holding Switzerland B.V., Netherlands.
Respironics
Holding UK B.V., Netherlands.
Respironics
Inc., USA.
Respironics
International Global Enterprises Inc., USA.
Respironics
International Inc., USA.
Respironics
Italy S.r.l., Italy.
Respironics
Ltd., UK.
Respironics
Medical Products (Shenzhen) Ltd., China.
Respironics
Netherlands B.V., Netherlands.
Respironics
New Jersey Inc., USA.
Respironics
Novametrix LLC, USA.
Respironics
Respiratory Drug Delivery (UK) Ltd., UK.
Respironics
Sweden AB, Sweden.
Respironics
Switzerland GmbH, Switzerland.
Respironics
Technotrend Ltd., Hong Kong.
Respironics
UK Holding Co. Ltd., UK.
RI
Assurance Inc., USA.
RI
Finance Inc., USA.
RI
Licensing Inc., USA.
RI
Trading LLC, USA.
RIC
Investments LLC, USA.
Saeco
AG, Switzerland.
Saeco
Argentina SA, Argentina.
Saeco
Australia & NZ Ltd., New Zealand.
Saeco
Australia Pty. Ltd., Australia.
Saeco
Austria AG, Austria.
Saeco
B.C. Ltd., Canada.
Saeco
Card GmbH, Germany.
Saeco
Centroamerica SA, Costa Rica.
Saeco
Do Brasil Comercio De Equipamentos Ltda., Brazil.
Saeco
GmbH, Germany.
Saeco
Hong Kong Ltd., Hong Kong.
Saeco
Iberica S.A., Spain.
Saeco
International Group (Australia) Pty. Ltd., Australia.
Saeco
International Group S.p.A., Italy.
Saeco
IPR Ltd., Ireland.
Saeco
Ontario Ltée., Canada.
Saeco
Polska Sp.z.o.o., Poland.
Saeco
South Australia Pty. Ltd., Australia.
Saeco
Strategic Services Ltd., Ireland.
Saeco
UK Ltd., UK.
Saeco
USA Ltd., USA.
Saeco
Vending S.p.A., Italy.
Saeco
West Ltd., Canada.
Samou
GmbH, Germany.
Scientific
Medical Systems International Inc., USA.
Shakespeare
Composite Structures LLC, USA.
Shapeways
B.V., Netherlands.
Shenzhen
Goldway Industrial Inc., China.
Side-Lite
LLC, USA.
Siera
Electronics B.V., Netherlands.
Sigma
Manufacturing Ltd., Hong Kong.
Silicon
B203 Ltd., Ireland.
Silicon
Manufacturing Itzehoe SMI GmbH, Germany.
Smit
Röntgen B.V., Netherlands.
Sogeco
Romania S.r.l., Romania.
Sonoma
Lighting Ltd., UK.
Spiropharma
A/S, Denmark.
Splendor
Gloeilampenfabrieken B.V., Netherlands.
Sportlite
Inc., USA.
Strand
Lighting Asia Ltd., Hong Kong.
Strand
Lighting Europe Ltd., UK.
Strand
Lighting Inc., USA.
Super
Club International B.V., Netherlands.
Super
Club Nederland B.V., Netherlands.
Superclub
Retail Nederland B.V., Netherlands.
SuperLight
Trading Ltd., Hong Kong.
SuperPower
Inc., USA.
Tecna
S.r.l., Italy.
Teletrol
Systems Inc., USA.
The
Addison Co. Inc., USA.
The
Bodine Group Holding Co., USA.
The
Genlyte Group Inc., USA.
The
Irish Development Co. Ltd., Ireland.
Thomas
Lighting de Mexico S.A. de C.V., Mexico.
Tijm
Holding B.V., Netherlands.
Tineney
Ireland Ltd., Ireland.
TIR
Technology LP, USA.
Translite
Ltd., UK.
Translite
Sonoma LLC, USA.
Trio
Leuchten GmbH, Germany.
Türk
Philips Ticaret Anonim Sirketi, Turkey.
U.S.
Philips Corporation, USA.
USS
Manufacturing Inc., Canada.
Van
der Heem B.V., Netherlands.
VISICU
Inc., USA.
VMI
Indústria e Comércio Ltda., Brazil.
W.J.
Addison Ltd., Canada.
Wegot
Investment Ltd., Hong Kong.
Western
Biomedical Technologies Ltd., Ireland.
Witt
Biomedical Corporation, USA.
WMGD
Pty. Ltd., Australia.
Yort
Inc., USA.
Zymed
Puerto Rico Inc., USA., etc.
21226728
0621912
Chief Executive Officer: Mr. Wiebo Jan Vaartjes
Managing Director: Ms. Tse Sin Man
Nominal Share Capital: HK$6,000,000,000.00 (Divided into 600,000,000 shares of HK$10.00 each)
Issued Share Capital: HK$4,621,980,000.00
(As per registry
dated 27-08-2011)
|
Name |
|
No. of shares |
|
Philips Electronics China B.V. High Tech Campus 60, Eindhoven, Netherlands. |
|
267,698,000 |
|
Koninklijke Philips Electronics N.V. High Tech Campus 60, Eindhoven, Netherlands. |
|
194,500,000 |
|
|
|
–––––––––– |
|
|
Total: |
462,198,000 ========= |
(As per registry
dated 30-01-2012)
|
Name (Nationality) |
Address |
|
Wiebo Jan VAARTJES |
House 130, The Portofino, 132 Pak To Avenue, Clearwater Bay, New Territories, Hong Kong. |
|
LAI Keet Yee |
Room 1102, No. 18, Lane 688, Huang Jin Cheng Dao, Changning District, Shanghai, China. |
|
TSE Sin Man |
35A, Tower 2, The Harbourside, 1 Austin Road West, Tsimshatsui, Kowloon, Hong Kong. |
(As per registry
dated 27-08-2011)
|
Name |
Address |
|
LEONG Sut Leng, Irene |
5/F., Core Building No. 1, Phase One, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong. |
The subject was incorporated on 27th August, 1997 as a private limited liability company under the Hong Kong Companies Ordinance.
It was originally registered under the name of Philips Consumer Communications Hong Kong Ltd., name changed to Philips Electronics Hong Kong Ltd. on 3rd December, 1999.
The subject changed its name to Philips Electronics Hong Kong Ltd. with aim to take over all the business activities that run by Philips Hong Kong Ltd., a company incorporated in Hong Kong on 29th December, 1948.
Formerly the subject’s registered address was located at Level 5-7, Three Pacific Place, 1 Queen’s Road East, Wanchai, Hong Kong, moved to the present address in October 2010.
Apart from these, neither material change nor amendment has been ever traced and noted.
Activities: Manufacturing and marketing of “Philips” consumer electronic products, domestic appliances, semiconductors, components, medical systems, industrial electronics, communication systems and lighting products in Hong Kong and China.
Lines:-
Audio Equipment
Digital compact cassettes [DCC], digital loudspeakers systems, mini CD
systems, midi systems, loudspeakers, CD players, clock radios, portable radios,
world receivers, personal radios, radio cassette recorders, CD soundmachines,
CD compo, headphone cassette players, headphone CD players, hearing instrument.
Video Equipment
Colour TVs, laser disc combination players, video cassette recorders,
portable LCD CTV/VCRs.
Car Stereo
Car vision, car CD players, tuner-cassette combinations, amplifiers,
speakers.
Information Products
Compact disc interactive [CD-I], telephone, fax machines, CD ROM, laser
drive, CD recordable, personal computer-hardware/laptop/ software/peripherals,
floppy disks, monitors, dictation systems, language learning systems.
Domestic Appliances
and Personal Care Products
Menshavers, ladyshave, hair care products, health care products, food
preparation products, table top cooking products, coffee makers, vacuum
cleaners, irons, air cleaners, fans, heaters, dehumidifiers, timer products.
Telecommunications
Equipment
Wired equipment – PABX systems, modems, multiplexers and networks, private
and public transmission systems (including optical fibre). Non-wired radio comm. products – microwave
and rural telephony projects, private mobile radio systems, public trunked
radios, cellular phones, pagers, etc.
Industrial Electronics
All kinds of lighting, recording, semiconductor, testing, ultra-sonic and
measuring equipment (meters, multimeters), transformers, medical equipment.
Parts and Components
Cables, cords, capacitors, computer parts, connectors, diodes, LCD
displays, PC boards, semiconductors, speakers, switches, transistors, CRTs.
Trade Mark: “PHILIPS” brand.
Group Employees: 121,888. (As at 31-12-2011)
Commodities Imported: Bought from “Philips” worldwide network.
Markets: Worldwide.
Group Turnover:-
|
FY |
Whole
Group |
Lighting
Sector |
|
Year ended 31-12-2007 |
€20,751 million |
-- |
|
Year ended 31-12-2008 |
€21,682 million |
-- |
|
Year ended 31-12-2009 |
€20,092 million |
€6,546 million |
|
Year ended 31-12-2010 |
€22,287 million |
€7,552 million |
|
Year ended 31-12-2011 |
€22,579 million |
€7,638 million |
Terms/Sales: As per contracted.
Terms/Buying: On various terms.
GOVERNMENT
CONTRACTS AWARDED SINCE 1990:
|
Date |
GN
No. |
Particulars |
Amount |
|
26-05-2000 |
GN3335 |
Supply and Installation of Radiography and Fluoroscopy System |
HK$5,800,000 |
|
30-06-2000 |
GN4212 |
Supply and Installation of Digital Cardiac Angiographic System to Hospital Authority |
HK$12,145,000 |
|
27-07-2001 |
GN4645 |
Supply, Installation, Commissioning and Maintenance of a Private Automatic Branch Exchange System for Public Health Laboratory Centre |
HK$792,446 |
|
26-10-2001 |
GN6719 |
Supply and installation of radiographic unit, tomographic, intravenous urology |
HK$1,736,840 |
|
26-10-2001 |
GN6719 |
Supply and installation of patient monitoring system, patient documentation and image viewing workstation |
HK$1,500,000 |
|
30-11-2001 |
GN7520 |
Upgrading of physiologic monitoring system and clinical information system |
HK$2,265,500 |
|
28-12-2001 |
GN8109 |
Supply and installation of physiologic monitoring system with telemetry capability |
HK$1,849,565 |
|
25-01-2002 |
GN636 |
Supply and installation of radiographic/fluoroscopic multipurpose X‑ray system |
HK$8,995,000 |
|
25-01-2002 |
GN637 |
Supply of Lamp Fluorescent (HAQ 46/2001) |
HK$1,087,975 |
|
22-02-2002 |
GN1199 |
Upgrading of patient monitoring system |
HK$1,600,000 |
|
28-03-2002 |
GN1976 |
Supply and installation of patient monitoring network system |
HK$1,800,000 |
|
31-05-2002 |
GN3323 |
Licence of the Advertising
Area on the Rooftop of Immigration Tower, 7 Gloucester Road, Wanchai,
Hong Kong |
HK$17,658,000 |
|
28-06-2002 |
GN3994 |
Supply, Delivery, Installation, Commissioning and Maintenance of a Private Automatic Branch Exchange System for Tuen Mun Government Offices |
HK$578,562 |
|
29-11-2002 |
GN7859 |
Supply and installation of patient monitoring network system and network obstetrical surveillance and archiving system |
HK$5,416,515 |
|
29-08-2003 |
GN5962 |
Supply and installation of physiologic monitoring system |
HK$2,000,000 |
|
26-08-2005 |
GN4257 |
Supply of general radiography system, computed radiography system and picture archiving and communication system |
HK$1,885,000 |
|
26-08-2005 |
GN4259 |
A licence of the advertising
area on the Rooftop of Immigration Tower, 7 Gloucester Road, Wanchai,
Hong Kong |
Monthly licence fee of HK$420,833 |
|
23-02-2007 |
GN1429 |
Supply of Lamp Fluorescent |
HK$198,550 |
|
31-08-2007 |
GN5726 |
Supply and installation of general X-ray machine with computed radiography system, picture archiving and communication system and radiology information system |
HK$4,743,469 |
|
28-09-2007 |
GN6399 |
Supply and installation of computed radiography system |
HK$3,950,000 F.I.S. / Hong Kong including delivery, installation, on-site testing, commissioning, training and 12 months warranty |
|
27-06-2008 |
GN4431 |
A licence of the advertising
area on portion of the rooftop of Immigration Tower, 7 Gloucester Road,
Wanchai, Hong Kong |
Monthly licence fee of HK$550,000 (exclusive of rates and any other outgoings whatsoever) |
|
29-07-2011 |
GN5034 |
A licence of the advertising
area on portion of the rooftop of Immigration Tower, 7 Gloucester Road,
Wanchai, Hong Kong |
Monthly licence fee of HK$655,000 (exclusive of rates and any other outgoings whatsoever) |
· Hong Kong Electrical Appliances Manufacturers Association, Hong Kong.
The
Chinese General Chamber of Commerce, Hong Kong.
The
Hong Kong Electronic Industries Association Ltd., Hong Kong.
The
Hong Kong General Chamber of Commerce, Hong Kong. [Membership No. HKP0056]
Nominal Share Capital: HK$6,000,000,000.00 (Divided into 600,000,000 shares of HK$10.00 each)
Issued Share Capital: HK$4,621,980,000.00
Group Net Income/(Loss): €4,880 million (Year ended 31-12-2007)
(€ 92 million) (Year ended 31-12-2008)
€ 424 million (Year ended 31-12-2009)
€1,452 million (Year ended 31-12-2010)
(€1,291 million) (Year ended 31-12-2011)
Profit or Loss: Group made a loss in 2011.
Condition: Keeping in an active and good condition.
Facilities: Making active use of general banking facilities.
Payment: Promptly met as contracted.
Commercial Morality: Good.
Bankers:-
· The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Standard
Chartered Bank (Hong Kong) Ltd., Hong Kong.
ABN
AMRO Bank N.V., Hong Kong Branch.
Citibank
N.A., Hong Kong Branch.
etc.
Standing: Sound.
Philips Electronics Hong Kong Ltd. was previously known as Philips Consumer Communications Hong Kong Ltd. when it was incorporated in Hong Kong on 27th August, 1997. It was due to the group’s restructure, the subject changed name to the present one on 3rd December, 1999 in order to take over all the business of Philips Hong Kong Ltd.
The subject’s capital was increased for several times. Now in total, it has issued 462,198,000 ordinary shares of HK$10.00 each.
The subject was formerly 100% owned by a Netherlands-based firm Philips Consumer Communications B.V., changed to a wholly owned subsidiary of Philips Electronics China B.V., also a Netherlands-registered company, on 1st July, 2000. The subject now is a member of the Philips Electronics China Group which is a member of the Philips Group. The subject’s ultimate holding company is Koninklijke Philips Electronics N.V. [Philips] (or known as Royal Philips Electronics N.V.), also a Netherlands-based firm. Its shares have been listed on the Amsterdam Stock Exchange Euronext Amsterdam since 1913, and have been traded in the United States since 1962, and also have been listed on the New York Stock Exchange since 1987.
Founded in 1891 in Eindhoven, the Netherlands, by Mr. Gerard Philips, Philips is one of the world’s biggest electronics companies. The activities of the Philips Group are organized into 4 operating product divisions:-
1. Healthcare
2. Consumer Lifestyle
3. Lighting
4. Group Management Services
The history of Philips in Hong Kong dates back to 1948, when Hong Kong became the temporary headquarter of Philips (China) Ltd. It was then named Philips Industries (Far East) Ltd. and was managed by Mr. F. Walterscheld, with the assistance of only two staff members.
In 1959, Philips’ business expanded to Burma, Taiwan, South Korea, Vietnam and Cambodia.
In 1965, Philips’ business expanded even further. Philips has been responsible for the marketing of all its products locally since 1st January, 1971. Philips provides a direct link with the Philips organization in Europe. Philips is operating a bulb factory in Tsuen Wan, New Territories, Hong Kong, which was established in 1974. Products were primarily provided for local torch and flashlight manufacturing factories and subsequently exported to Europe, the Middle East and South East Asia.
On 8th July, 1988, Philips China Hong Kong Ltd. was further renamed Philips Hong Kong Ltd. In August 1997, another new entity Philips Electronics Hong Kong Ltd. was set up to take over the activities of Philips Hong Kong Ltd. formally in FY 1999/2000.
Now, Philips has developed well in China and has set up Philips China Hong Kong Group which now has several joint ventures in China.
In recent years, the subject has leased five floors comprising a total area of some 75,000 sq.ft. at Three Pacific Place, Wanchai, Hong Kong, where it consolidates its offices which were in North Point and Wanchai.
The subject has got ISO 14001 certification.
In June 2004, Hong Kong Science and Technology Parks Corporation [HKSTP] and the subject signed a lease agreement for facilities at the Science Park. The new location is now housing several of the subject’s business units including Consumer Electronics – Mobile Infotainment and business creation activities for Personal Infotainment and mobile phones, Home Entertainment Networks, Mobile Display Systems and Philips Design which were formerly located at different offices. The facility at Science Park has become the worldwide headquarters for Philips Mobile Infotainment and also the regional headquarters for Philips Design, one of the largest design studios in the world. The lease covers approximately 83,000 sq.ft. of space in Building 7 at the Hong Kong Science Park. Philips is the biggest European tenant of Science Park with 400 employees.
From its location at the Science Park, Philips is conducting research and development activities in applied technologies for electronics products and components. Philips is also utilising the facility for business creation including market research, product creation and supply operations.
Philips of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world’s biggest electronics companies and Europe’s largest. It is a global leader in colour television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its employees in more than 150 countries are active in the areas of lighting, consumer electronics, domestic appliances, semiconductors, and medical systems.
Philips Lighting is the global market leader, with recognized expertise in the development, manufacturing and application of innovative lighting solutions. The Group has pioneered many of the key breakthroughs in lighting over the past 100 years, laying the basis for our current position.
Indoors, the Group offers specialized lighting solutions for homes, shops, offices, schools, hotels, factories and hospitals. Outdoors, it provides lighting for public spaces, residential areas and sports arenas. The Group also helps to make roads and streets safer for traffic and other road users (car lights and street lighting). In addition, the Group addresses the desire for light-inspired experiences through architectural projects. The Group also offers specific applications of lighting in specialized areas, such as horticulture, refrigeration lighting and signage, as well as heating, air and water purification, and healthcare.
Currently, the Group is operating the following sectors: Healthcare, Consumer Lifestyle, Lighting, and Group Management & Services.
In 2009, the Group saw continued deterioration of its markets. Despite these challenging economic conditions, the Group acted quickly and decisively to further accelerate restructuring programs and implement cost-saving measures, while still investing in acquisitions, marketing, and research and development, and continuing to focus on cash flow.
Group sales amounted to €22,579 million in 2011, a 1.3% increase as compared with 2010 which was €22,287 million.
The Group recorded a net loss of €1,291 million in 2011 as compared with a net income of €1,452 million in 2010.
The Group sold its remaining stake in LG Display and Pace Micro Technology, generating €704 million cash proceeds and a gain of €117 million. The economic downturn resulted in a €48 million non-cash impairment charge for NXP. However, following the recovery of the TPV Technology share price in 2009, the accumulated non-cash impairment charge recognized in 2008 was reversed by an amount of €55 million.
As at 31st December, 2011, the Group employed 121,888 employees (2010: 116,165).
The subject is fully supported by the Philips Group.
On the whole, in view of the background and parentage of the subject, consider it good for normal business engagements.
REMARKS:
Property
information of the Philips Group:-
|
Property Location |
Owner |
Date of Purchase |
Purchased |
|
Philips Industrial Building, |
P & M Properties Ltd. |
31-10-1978 |
HK$18,289,477 |
(No mortgage record registered against the property)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.03 |
|
UK Pound |
1 |
Rs.85.93 |
|
Euro |
1 |
Rs.68.97 |
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 |
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.