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Report Date : |
01.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
SWINA INTERNATIONAL PTE LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
10.12.2001 |
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Com. Reg. No.: |
200107912C |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Trader of agri-products, petrochemicals and the related
products |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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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Note:
The exact address is as above.
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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:: |
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|
Registered
Number: |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
SGD
1,340,050.00 (USD 1,044,660) (As
of 2012.5, 1 SGD = 0.77957 USD) |
|
Paid-up
Capital: |
SGD
1,340,050.00 (USD 1,044,660)= 1,340,050 Shares@1 SGD |
|
Legal
Form: |
Private
Limited Exempt Company |
|
Principal
Activities: |
Trade
of agri-products, petrochemicals and the related products. |
|
N/A |
|
|
Status: |
Live Company |
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Listed at Stock
Exchange: |
No. |
|
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
|
Subscription
Amount |
Proportion
of Investment (%) |
|
|
PADAM KUMAR
JAWERILAL SALECHA |
670,025 |
50% |
|
JAIN ALKA @ ALKA
SALECHA |
670,025 |
50% |
|
Total |
1,340,050 |
100% |
Major Shareholder
Information:
|
1 |
|
|
Name: |
PADAM KUMAR JAWERILAL SALECHA |
|
ID Number: |
S |
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Address: |
10 ANSON ROAD #45-10 INTERNATIONAL PLAZA
Singapore 079903 |
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Nationality: |
Singapore Citizen |
|
2 |
|
|
Name: |
JAIN ALKA @ ALKA SALECHA |
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ID Number: |
S6962583E |
|
Address: |
10 ANSON ROAD #45-10 INTERNATIONAL PLAZA
Singapore 079903 |
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Nationality: |
Singapore Citizen |
Subject
introduced that it has 3 branch offices located in India, Malaysia and Myanmar,
but it declined to disclose more details about them.
Detailed
Information of Management:
|
1 |
|
|
Name: |
PADAM KUMAR JAWERILAL SALECHA |
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Position: |
Director |
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ID Number: |
S |
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Address: |
10 Anson Road #45-10 International Plaza
Singapore 079903 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
|
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2 |
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Name: |
JAIN ALKA @ ALKA SALECHA |
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Position: |
Director |
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ID Number: |
S6962583E |
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Address: |
10 Anson Road #45-10 International Plaza
Singapore 079903 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
|
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3 |
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Name: |
JAIN ALKA @ ALKA SALECHA |
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Position: |
Secretary |
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ID Number: |
S6962583E |
|
Address: |
10 Anson Road #45-10 International Plaza
Singapore 079903 |
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Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
Offices
& Factories
|
|
Office |
|
Address: |
Production
Information
l
Subject is a trader of agri-products,
petrochemicals and the related products without any production activities
Purchase
l
The productions are purchased from both local and
abroad.
Sales
Information
l
Subject is mainly engaged in trading of kinds of
products.
l
Subject introduced that it imports the products
from South East Asia and so on.
l
Subject introduced that it has 3 branches in India,
Malaysia and Myanmar, and the branches help subject deal with the orders from
the customers.
l
Subject introduced that major products sold as
following:
|
|
Product |
|
1 |
Pulses |
|
2 |
Grains &
Spices |
|
3 |
Oil Seeds |
|
4 |
Edible Oils |
|
5 |
Construction
Materials |
|
6 |
Others |
l
Subject’s selling territory covers all over the
world.
Subject declined
to disclose the settlements information, and from other sources, we couldn’t
obtain the information, either.
In Singapore, Limited Exempt Private Companies are not obligated to
submit their financial statements to the local registry. The subject also
declined to disclose such information due to the confidentiality reason.
The financial
information is not available from the subject or other sources.
Open
Account Bank
The bankers’
information is not available from the subject or other sources.
|
Name: |
FEROZ KHAN &
CO |
Charges
|
Charge 1 |
|
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Charge Number: |
C200606353 |
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Date of
Registration: |
|
|
Name: |
BANK OF INDIA |
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Amount Secured: |
All Monies |
|
Charge 2 |
|
|
Charge Number: |
C201003166 |
|
Date of
Registration: |
|
|
Name: |
INDIAN BANK |
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Amount Secured: |
All Monies |
|
Charge 3 |
|
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Charge Number: |
C201003547 |
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Date of
Registration: |
|
|
Name: |
INDIAN OVERSEAS
BANK |
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Amount Secured: |
All Monies |
|
Charge 4 |
|
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Charge Number: |
C201006152 |
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Date of
Registration: |
|
|
Name: |
INDIAN BANK |
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Amount Secured: |
All Monies |
|
Charge 5 |
|
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Charge Number: |
C201009613 |
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Date of
Registration: |
|
|
Name: |
INDIAN BANK |
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Amount Secured: |
All Monies |
|
Charge 6 |
|
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Charge Number: |
C201105691 |
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Date of
Registration: |
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|
Name: |
INDIAN BANK |
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Amount Secured: |
All Monies |
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Charge 7 |
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Charge Number: |
C201110250 |
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Date of
Registration: |
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Name: |
INDIAN BANK |
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Amount Secured: |
All Monies |
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Charge 8 |
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Charge Number: |
C201113005 |
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Date of
Registration: |
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Name: |
INDIAN BANK |
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Amount Secured: |
All Monies |
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Charge 9 |
|
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Charge Number: |
C201200394 |
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Date of
Registration: |
|
|
Name: |
Indian Overseas
Bank |
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Amount Secured: |
All Monies |
|
Name: |
Mr. Chan |
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 |
|
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.