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Report Date : |
21.07.2012 |
IDENTIFICATION DETAILS
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Name : |
ACECRAFT |
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Registered Office : |
1004 Toa Payoh North, #04-05/06, |
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Country : |
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Date of Incorporation : |
03.07.2009 |
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Com. Reg. No.: |
200912057C |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Manufacturing of electronics and hard disk drive components |
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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) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
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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Supplied
Address: |
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Fax Number: |
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Credit Opinion: |
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Registered Name: |
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Registered
Address: |
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Date of
Registration:: |
2009-7-3 |
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Registered
Number: |
200912057C |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 170,000.00
(USD 134,640.00) (As of 2012.07,
1 SGD = 0.7920 USD) |
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Paid-up Capital: |
SGD 170,000.00
(USD 134,640.00) = 170,000 Shares@1 SGD |
|
Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
26202 Manufacturing of
electronics and hard disk drive components |
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N/A |
|
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
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Date of Last
Annual Return: |
2012-1-17 |
Notes: The staff information
is not available from subject or other sources.
Subject was incorporated on 2009-7-3 with registered number 200912057C as
Limited Exempt Private Company in Singapore.
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Chong Nai Kok |
80,000 |
47% |
|
Zhang Hongxia |
90,000 |
53% |
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Total |
170,000 |
100% |
Major Shareholder
Information:
|
1 |
|
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Name: |
Chong Nai Kok |
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ID Number: |
S1591521H |
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Address: |
628 Bedok Reservoir
Road #09-1676 Singapore 470628 |
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Nationality: |
Singapore
Citizen |
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2 |
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Name: |
Zhang Hongxia |
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ID Number: |
S7774687J |
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Address: |
700 Lorong 1 Toa
Payoh #19-03 Trellis Towers Singapore 319773 |
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Nationality: |
Singapore
Citizen |
Subject did not
introduce whether it has any subsidiaries or branches, from other source we can
not obtain the relevant information, either.
Detailed
Information of Management:
|
1 |
|
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Name: |
Chong Nai Kok |
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Position: |
Director |
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ID Number: |
S1591521H |
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Address: |
628 Bedok
Reservoir Road, #09-1676, Singapore 470628 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2010-10-15 |
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2 |
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Name: |
Zhang Hongxia |
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Position: |
Director |
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ID Number: |
S7774687J |
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Address: |
700 Lorong 1 Toa
Payoh, #19-03, Trellis Towers Singapore 319773 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2009-7-3 |
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3 |
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Name: |
Chu Sih Eng @
Chu Hang Eng |
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Position: |
Secretary |
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ID Number: |
S0865416F |
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Address: |
9 Jalan Limau
Manis, Eastern Grove Singapore 468340 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2009-7-3 |
Offices
& Factories
|
|
Office |
|
Address: |
Production
Information
l
Subject is a trader of computer peripherals and
accessories without any production activity.
Purchase
Information
l
Subject purchases products both home and abroad.
l
Subject is engaged in sales of computer peripherals
and accessories such as hard disk drive components and storage facilities, etc.
l
Subject’s sales regions are in Singapore and its
neighboring countries.
Purchase
Domestic Markets
|
Products |
Payment Terms |
Proportion |
|
Computer
peripherals |
COD, CBD, etc |
100% |
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
Computer
peripherals |
CBD, etc |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Computer
peripherals |
COD, CBD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Computer
peripherals |
CBD, etc |
100% |
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.
Subject declined to disclose its bank details; from other source we cannot
obtain the relevant information, either.
|
Name: |
Smalley & Co |
|
Name: |
Ms. Zhu |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
|
|
1 |
Rs.86.58 |
|
Euro |
1 |
Rs.67.60 |
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 |
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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.