MIRA INFORM REPORT

 

 

Report Date :

20.06.2012

 

IDENTIFICATION DETAILS

 

Name :

SOPO  INTERNATIONAL  LTD.

 

 

Registered Office :

Room No. 1106, Golden Gate Commercial Building, 136-138 Austin Road, Tsim Sha Tsui, Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Not Available

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

Payment Behaviour :

Unknown

Litigation :

--

 

 

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

 

SOPO  INTERNATIONAL  LTD.

 

 

GIVEN ADDRESS

 

Room No. 1106, Golden Gate Commercial Building, 136-138 Austin Road, Tsim Sha Tsui, Kowloon, Hong Kong.

 

 

GENERAL

 

1.       As per Companies Registry, there is no such name registered in their file.  We found that there is no company name registered and headed with “Sopo International ……”.

2.       According to Business Registration Office, the name of the subject is not found in the database.

3.       Your given address Room No. 1106, Golden Gate Commercial Building, 136-138 Austin Road, Tsim Sha Tsui, Kowloon, Hong Kong is occupied by a company known as Grebenstein International Limited [GIL] with details as follow:-

Name:  GIL

Address:  Room No. 1106, Golden Gate Commercial Building, 136-138 Austin Road, Tsim Sha Tsui, Kowloon, Hong Kong.

Telephone Number:  2314 1132

Fax Number:  2314 1104

Email:  info@gil.com.hk

4.                   GIL was established in the year 1989.  It is a professional accounting, taxation, company secretarial & corporate services company.  Its major clients consist of companies in Hong Kong, China, Taiwan, South Korea, Germany, Netherlands and U.S.A.  Its scope of business include:-

Formation of Hong Kong Company

(Tailor-made and ready made company);

Formation of Oversea Company

(Tailor-made and ready-made BVI companies);

Accounting & Bookkeeping Services (Monthly & yearly);

Auditing & Taxation Services

(Audited Financial Statement & Tax Computation);

Company Secretarial Services

(Company Secretary & Filing of Annual Return);

Other Company Services

(Transfer of shares / shares allotment; Increase the authorized capital; Change of company name; Nominate shareholder, De-registration of company, etc.);

Commercial Services

(Provide the registered office; Handle the banking correspondence; Manage the import & export shipping documents, etc.);

Internet Services

(Homepage design and E-mail accounts maintenance, etc.)

5.       A staff from GIL told us that “Sopo International Ltd.” is one of their customers.  GIL provides general secretarial and correspondence services to the subject.  However, he declined to disclose any further information about the subject.

6.       The company appears to be an offshore company registered in the BVI.  They use GIL’s office address as the correspondence address for their international trading.

7.       The captioned name is not listed in any available telephone and commercial directories, and is also unknown to other sources consulted.

8.       Nothing of an adverse nature has been recorded in our database against the subject.

In view of the lack of information, we have no basis upon which to recommend credit ratings.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.01

UK Pound

1

Rs.87.85

Euro

1

Rs.70.54

 

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.