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Report Date : |
05.06.2012 |
IDENTIFICATION DETAILS
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Name : |
EQUIS FUNDS GROUP PTE. LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
21.10.2010 |
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Com. Reg. No.: |
201022568H |
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Legal Form : |
Limited Private Company |
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Line of Business : |
Fund Management Activities |
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
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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 |
|
Company Name: |
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|
Supplied Name: |
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Supplied
Address: |
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|
Fax Number: |
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Website: |
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Credit Opinion: |
Subject declined to disclose any operation information, in view of the
absence of information about subject’s operation, caution should be
exercised. |
We
tried to contact the subject through the telephone number +65-6220-0040,
which we obtained from public files.
The operator
confirmed the subject’s name and address and introduced
that their company has specific customers, and they didn’t need new
collaborator.
She declined to disclose any other details information about the
subject.
We
didn’t obtain any other effective contact information from public files according
to the supplied information.
From
the public files we obtained the subject is engaged in investment of Asian
infrastructure and energy operating, while the information is not confirmed.
We found
subject’s registration files from local registry, supplying as follows for
reference.
|
Registered
Name: |
|
|
Registered
Address: |
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Date
of Registration:: |
2010-10-21 |
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Registered
Number: |
201022568H |
|
Country
of Incorporation: |
Singapore |
|
Registered
Capital: |
SGD
1,050,736.00 (USD 812,429) (As
of 2012.06, 1 SGD =0.7732 USD) |
|
Paid-up
Capital: |
SGD 1,050,736.00
(USD 812,429)=1,050,736 Shares@1 SGD |
|
Legal
Form: |
Limited
Private Company |
|
Principal
Activities: |
66309 Fund
Management Activities Nec |
|
N/A |
|
|
Status: |
Live Company |
|
Listed at Stock
Exchange: |
No |
Note:
Subject declined to disclose the number of staff.
Subject was incorporated on 2010-10-21
with registered number 201022568H as Limited Private Company in Singapore.
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Equis
Funds Group Holdings |
1,050,736.00 |
100% |
|
Total |
1,050,736.00 |
100% |
Major Shareholder
Information:
|
1 |
|
|
Equis Funds Group Holdings |
|
|
Registered Number: |
T12UF |
|
Address: |
P.O. Box 31106, 89 Nexus Way 2nd FL. Camana Bay
Grand Cayman Ky1-1205, Cayman Islands |
Parent Company:
|
Name: |
Equis
Funds Group Holdings |
|
Registered
Number: |
T12UF |
|
Address: |
P.O. Box 31106, 89
Nexus Way 2nd FL. Camana Bay Grand Cayman Ky1-1205, Cayman Islands |
Affiliated
Company:
|
1 |
|
|
Name: |
Equis
Funds Group (Hong Kong) Limited |
|
Address: |
Room
3169, 31/F, Tower One, Times Square 1 Matheson Street, Causeway Bay, Hong
Kong |
|
Date
of Foundation: |
2012-3-5 |
|
Registered
Number: |
1713144 |
|
Legal
Form: |
Private
Limited Company |
|
Telephone: |
+852-2107-3639 |
|
Fax: |
+852-2107-3699 |
Note:
It is introduced subject’s also has branch offices in Chengdu,
China and Bangalore, India but we cannot obtain the details.
Detailed
Information of Management:
|
1 |
|
|
Name: |
David Russell
Charles |
|
Position: |
Director |
|
ID Number: |
G0466181N |
|
Address: |
1 st. Thomas
Walk, #16-04, Singapore 238096 |
|
Nationality: |
Australian |
|
Date of
Appointment: |
2010-10-21 |
|
2 |
|
|
Name: |
Adam Bernhard
Ballin |
|
Position: |
Director |
|
ID Number: |
G |
|
Address: |
3 Nathan Road, #03-02,
Regency Park, Singapore 248726 |
|
Nationality: |
New Zealander |
|
Date of
Appointment: |
2011-1-11 |
|
3 |
|
|
Name: |
Lance Michael
Comes |
|
Position: |
Director |
|
ID Number: |
G5103507R |
|
Address: |
5 Ford Avenue, Ford
@ Holland, The Singapore 268733 |
|
Nationality: |
American |
|
Date of
Appointment: |
2011-1-11 |
|
4 |
|
|
Name: |
Carmody Joseph
Thomas |
|
Position: |
Director |
|
ID Number: |
G6419852T |
|
Address: |
94 Linden Drive,
Singapore 288731 |
|
Nationality: |
Australian |
|
Date of
Appointment: |
2011-1-11 |
|
5 |
|
|
Name: |
Rajpal Singh
Chaudhary |
|
Position: |
Director |
|
ID Number: |
Z1802777 |
|
Address: |
5-D-142 J N V
Colony, Bikaner 334003, Rajasthan, India |
|
Nationality: |
Indian |
|
Date of
Appointment: |
2011-1-11 |
|
6 |
|
|
Name: |
Peck Jen Jen |
|
Position: |
Secretary |
|
ID Number: |
S |
|
Address: |
940 Hougang
Street 92, #13-17, Singapore 530940 |
|
Nationality: |
Singapore
Citizen |
|
Date of
Appointment: |
2011-11-1 |
|
7 |
|
|
Name: |
Thangam Sudheer |
|
Position: |
Secretary |
|
ID Number: |
S |
|
Address: |
346 Kang Ching
Road, #10-119, Singapore 610346 |
|
Nationality: |
Singapore P.R. |
|
Date of
Appointment: |
2012-3-1 |
Offices
& Factories
|
|
Office |
|
Address: |
Operation
Information
Subject is engaged in investment of Asian infrastructure and energy
operating, but the information
is not confirmed by subject.
Subject did not
submit the information to the local registry, and the only source from which we
can obtain the information is the subject itself.
Subject’s staff
declined to disclose the financial information, from other source we cannot
obtained the information either.
Subject declined to disclose its bank details; from other source we
cannot obtain the relevant information, either.
|
Name: |
Kpmg LLP |
|
Name: |
Operator |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.52 |
|
UK Pound |
1 |
Rs.85.29 |
|
Euro |
1 |
Rs.68.86 |
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.