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Report Date : |
01.06.2012 |
IDENTIFICATION DETAILS
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Name : |
MAIRAJ TRADING PTE. LTD. |
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Registered Office : |
9 Battery Road #15-01 Straits Trading Building |
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Country : |
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Date of Incorporation : |
28.11.2008 |
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Com. Reg. No.: |
200822411W |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Wholesale of other Specific Commodities |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
---- |
NB |
New Business |
---- |
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Status : |
New Company |
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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: |
Mairaj Trading Pte. Ltd. |
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Supplied Name: |
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Supplied
Address: |
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E-mail: |
Notes: Subject’s exact name is as above and
subject’s Director Mr. Abrar Ali Mooraj introduced that subject does not have office
in Singapore, the supplied one is the postal address.
|
Credit Opinion: |
Since subject does not have business entity (office) in Singapore, we
did not give the credit rating at present |
We tried to
contact subject through the supplied phone number +65-6699-7875, subject’s
Director Mr. Abrar Ali Mooraj answered the phone, and he introduced that the
supplied address is only the postal address and they don’t have any office in
Singapore.
The Director
introduced that he is engaged in trading of technical products for machinery
and the products are mainly sold to other countries. While he declined to
disclose any more details.
We found subject’s
registration information from local registry, supplying as follows for
reference.
|
Registered
Name: |
|
|
Registered
Address: |
9 Battery Road #15-01 Straits Trading Building Singapore 049910 |
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Date
of Registration:: |
|
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Registered
Number: |
200822411W |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
SGD 100,000 (USD
77,570) (As of 2012.06,
1 SGD = 0.7757 USD) |
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Paid-up
Capital: |
SGD 100,000 (USD
77,570) = 100,000 Shares@1 SGD |
|
Legal
Form: |
Limited Exempt
Private Company |
|
Principal
Activities: |
46699--Wholesale
Of Other Specific Commodities Nec |
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N/A |
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Status: |
Live Company |
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Listed
at Stock Exchange: |
No |
|
Date
of Last Annual Return: |
|
Notes: there is no office
or staff of subject in Singapore
Subject was incorporated on
|
Subscription
Amount |
Proportion
of Investment (%) |
|
|
Abrar Ali Mooraj |
50,000 |
50% |
|
Mrs Perin A Mooraj |
50,000 |
50% |
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Total |
100,000 |
100% |
Major Shareholder
Information:
|
1 |
|
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Name: |
Abrar Ali Mooraj |
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ID Number: |
G0255137W |
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Address: |
235 Arcadia Road #06-08 Arcadia, The Singapore
289843 |
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2 |
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Name: |
Mrs Perin A Mooraj |
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ID Number: |
S |
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Address: |
317 Bukit Timah Road #03-319 City Tower Singapore
259711 |
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 |
|
|
Name: |
Abrar Ali Mooraj |
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Position: |
Director |
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ID Number: |
G0255137W |
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Address: |
235 Arcadia Road #06-08 Arcadia, The
Singapore 289843 |
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Nationality: |
Pakistani |
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Date of Appointment: |
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2 |
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Name: |
Mrs Perin A Mooraj |
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Position: |
Director |
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ID Number: |
S |
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Address: |
317 Bukit Timah Road #03-319 City
Tower Singapore 259711 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
|
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3 |
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Name: |
Abdul Jabbar Bin Karam Din |
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Position: |
Secretary |
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ID Number: |
S6936625B |
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Address: |
21 Siglap Hill Frankel Estate
Singapore 456076 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
|
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4 |
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Name: |
Chan Hooi Tze |
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Position: |
Secretary |
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ID Number: |
S7516979E |
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Address: |
930 Hougang Street 91 #06-119 Singapore
530930 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Offices
& Factories
Subject has no
office in Singapore.
Operation
Information
Subject has no office
in Singapore, we get in touch with subject’s Director and it is introduced that
he is engaged in trading of technical products for machinery and the products
are mainly sold to other countries. While he declined to disclose any more
details.
The settlement
information is not available from subject or other sources.
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.
Information on bank details is not available from subject or other
sources.
|
Name |
Abrar Ali Mooraj |
|
Position |
Director |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.42 |
|
UK Pound |
1 |
Rs.87.37 |
|
Euro |
1 |
Rs.69.95 |
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 |
|
---- |
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.