MIRA INFORM REPORT

 

 

Report Date :

08.06.2012

 

IDENTIFICATION DETAILS

 

Name :

TRI STAR CO.  (HK)  LTD.

 

 

Registered Office :

c/o T R Accounting Service, Room 71, 2/F., Mirador Mansion, 58 Nathan Road, Tsimshatsui, Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

17.01.2012

 

 

Com. Reg. No.:

59356179

 

 

Legal Form :

Private Company

 

 

Line of Business :

Not Available 

 

 

No. of Employees :

Not Available 

 

Additional Note:-

 

The captioned firm is just a shelf company in Hong Kong. It has no employees. The Managing Director Mr. Vinit Kantilal Punamiya cannot be reached as he is in India.

 

The subject’s secretarial firm comSec Services Ltd. where the subject’s registered address is located also does not know the activities of the captioned firm.

 

Would you please be kind enough to provide us the captioned firm’s contact phone number or other clues so that we can trace its activities?

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New company

 

 

Payment Behaviour :

Unknown

 

 

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)

Hong Kong

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Company name

 

TRI  STAR  CO.  (HK)  LTD.

 

 

Company ADDRESS

 

Registered Office:-

c/o T R Accounting Service

Room 71, 2/F., Mirador Mansion, 58 Nathan Road, Tsimshatsui, Kowloon, Hong Kong.

 

Note: The above given address “83 Des Voeux Road Central” is incomplete.

 

 

BUSINESS REGISTRATION NUMBER

 

59356179

 

 

COMPANY FILE NUMBER

 

1700261

 

 

DATE OF INCORPORATION

 

17th January, 2012.

 

 

CAPITAL

 

Nominal Share Capital:   HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital:     HK$10,000.00

 

 

SHAREHOLDER  

(As per registry dated 17-01-2012)

 

Name

 

No. of share

Vinit Kantilal PUNAMIYA

 

1

=

 

DIRECTOR

(As per registry dated 17-01-2012)

 

Name

(Nationality)

 

Address

Vinit Kantilal PUNAMIYA

H. No. 162/2 Employment Chowk, Railway Line, Solapur 413001, India.

 

 

SECRETARY 

(As per registry dated 17-01-2012)

 

Name

Address

Co. No.

Akin Professionals Ltd.

20/F., Champion Building, 287-291 Des Voeux Road Central, Sheung Wan, Hong Kong.

1273165

 

 

GENERAL

 

Tri-Star Co. (HK) Ltd. has just issued one ordinary share of HK$1.00 which is owned by Vinit Kantilal Punamiya who is an Indian.  He is an India passport holder and does not have the right to reside in Hong Kong permanently.  He is also the only director of the subject.  Currently he is residing in India.

The subject does not have its own operating office.  Its registered office is in a commercial service firm located at “Room 71, 2/F., Mirador Mansion, 58 Nathan Road, Tsimshatsui, Kowloon, Hong Kong” known as

“T R Accounting Service” which is handling its correspondences and documents.  Formerly the registered address of the subject was located at 20/F., Champion Building, 287-291 Des Voeux Road Central, Sheung Wan, Hong Kong where was the operating office of a commercial service provider Akin Professionals Ltd.  The subject moved to the present address with effect from 17th January, 2012.  However, its Corporate Secretary is still Akin Professionals Ltd.

The subject’s lines of business are unknown since the secretarial firm knows nothing about its business.

The shareholder of the subject cannot be reached as he is in India.

No information of the subject can be obtained from our secondary sources.

It is likely that the subject has got an associated company in India which is also operated by Punamiya.

It is also likely that the India firm deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong.  The India firm also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.

The subject’s history in Hong Kong is just over four months.  It has been banking with Hang Seng Bank Ltd., Hong Kong.

Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.15

UK Pound

1

Rs.85.22

Euro

1

Rs.69.24

 

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%)

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.