MIRA INFORM REPORT

 

 

Report Date :

18.07.2012

 

IDENTIFICATION DETAILS

 

Name :

DATAWORLD TECHNOLOGY INTERNATIONAL PTE LTD

 

 

Registered Office :

16 Kallang Place, #06-09, Singapore 339156

 

 

Country :

Singapore

 

 

Date of Incorporation :

26.04.1986

 

 

Com. Reg. No.:

198600854D

 

 

Legal Form :

Limited Exempt Private Company

 

 

Line of Business :

Distribution of data storage system

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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:

Dataworld Technology International Pte Ltd

Supplied Name:

Dataworld Technology International Pte Ltd.

Trading Address:

16 Kallang Place, #06-09, Singapore 339156

Supplied Address:

16, Kallang Place, #06-09, Singapore 339156

Telephone Number:

+65-6841-8982

Fax Number:

+65-6294-9733

E-mail:

cary@raid50.com

 

Credit Summary

 

Credit Opinion:

Business connections are permissible.

 

Company Identification Details

 

Registered Name:

Dataworld Technology International Pte Ltd

Registered Address:

16 Kallang Place, #06-09, Singapore 339156

Date of Registration::

1986-4-26

Registered Number:

198600854D

Country of Incorporation:

Singapore

Registered Capital:

SGD 80,000.00 (USD 63,232.00)

(As of 2012.07, 1 SGD = 0.7904 USD)

Paid-up Capital:

SGD 80,000.00 (USD 63,232.00) = 80,000 Shares@1 SGD

Legal Form:

Limited Exempt Private Company

Principal Activities:

63119

Distribution of data storage system

62024

Networking integration services and data storage solutions

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No

Date of Last Annual Return:

2012-1-27

Note:

Subject declined to disclose its staff number; from other source we cannot obtain the relevant information, either.

 

History

Subject was incorporated on 1986-4-26 with registered number 198600854D as Limited Exempt Private Company in Singapore.

 

Change of Name:

Date

Change

1998-7-23

Dataworld Technology International Pte Ltd

1986-4-26

Hl Products Pte Ltd

 

Shareholders

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

Chan Kim Lam

40,000

50%

Lim Seng Huat

40,000

50%

Total

80,000

100%

 

Major Shareholder Information:

1

Name:

Chan Kim Lam

ID Number:

S1405459F

Address:

633 Choa Chu Kang North 6 #08-311 Singapore 680633

Nationality:

Singapore Citizen

2

Name:

Lim Seng Huat

ID Number:

S1536996E

Address:

464 Pasir Ris Street 41 #05-78 Singapore 510464

Nationality:

Singapore Citizen

 

Subsidiaries & Branches

 

Subject did not introduce any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

Management Information

 

Core Management

 

Detailed Information of Management:

1

Name:

Chan Kim Lam

Position:

Director

ID Number:

S1405459F

Address:

633 Choa Chu Kang North 6, #08-311, Singapore 680633

Nationality:

Singapore Citizen

Date of Appointment:

1998-7-31

2

Name:

Lim Seng Huat

Position:

Director

ID Number:

S1536996E

Address:

464 Pasir Ris Street 41, #05-78, Singapore 510464

Nationality:

Singapore Citizen

Date of Appointment:

2000-3-25

3

Name:

Lim Tai Ngee

Position:

Secretary

ID Number:

S0167610E

Address:

41 Jalan Singa, Singa Court Singapore 418113

Nationality:

Singapore Citizen

Date of Appointment:

1994-11-12

 

 

 

Operation Information

Offices & Factories

 

 

Office

Address:

16 Kallang Place, #06-09, Singapore 339156

 

Production Information

 

l         Subject is engaged in trading of digital video surveillance and providing RAID storage system, etc.

 

Purchase Information

 

l         Subject purchases products both home and abroad.

 

Sales Information

 

l         Subject is engaged in sales of digital video surveillance and RAID storage system.

l         Subject’s major sales regions are in Singapore and its neighboring countries.

l         It is introduced that the RAID storage system can be used for audio & video solutions, voice message, CCTV storage solutions, clustering and san (storage area networks) solutions.

 

Major products sold

Type

Detail

PROBE Cameras

HD IP PTZ   

HD IP Fixed

HD SDI

IP PTZ    

IP Fixed

Analog  PTZ

Analog Fixed

NVR

Acesseries

Network Video Recorder

HD NVR ( Standalone )   

HD NVR ( Enterprise )

Rackmount Server

Fail Over Server

CMS Workstation

Date Recovery

A New All-In-One Data Recovery Tool

(Hard drive diagnosis, Firmware repair and recovery, Hard drive imaging/ duplication, File recovery & extraction)

 

Settlements

Purchase

 

Domestic Markets

Products

Payment Terms

Proportion

Digital video surveillance, etc

COD, CBD, etc

100%

 

Overseas Markets

Products

Payment Terms

Proportion

Digital video surveillance, etc

CBD, etc

100%

 

Sales

 

Domestic Markets

Product

Sales Terms

Proportion

Digital video surveillance, etc

COD, CBD, etc

100%

 

Overseas Markets

Product

Sales Terms

Proportion

Digital video surveillance, etc

CBD, etc

100%

 

 

Financial Information

 

In Singapore, Limited Exempt Private Companies are not obligated to submit their financial statements to the local registry. We did not find the financials of subject from the local registry,

the subject also declined to disclose such information due to the confidentiality reason.

We can not obtained the latest financial figures from any other sources, either.

 

Bankers

 

Subject declined to disclose its bank details; from other source we cannot obtain the relevant information, either.

 

Interview Details

 

Name:

Mr. Chen

Department:

Sales Department

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.15

UK Pound

1

Rs.86.30

Euro

1

Rs.67.73

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.