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Report Date : |
22.06.2012 |
IDENTIFICATION DETAILS
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Name : |
KABEHAMA
H.K. LTD. |
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Registered Office : |
16/F., |
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Country : |
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Date of Incorporation : |
14.10.1993 |
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Com. Reg. No.: |
17458446 |
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Legal Form : |
Private Limited Company. |
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Line of Business : |
Manufacturer, Importer and Exporter of all kinds of handbags, travel goods, souvenirs, toys, dolls, etc. |
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No. of Employees : |
48. (Including associates) |
RATING & COMMENTS
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MIRAs Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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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) |
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Hong Kong |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
KABEHAMA H.K. LTD.
16/F., Railway Plaza, 39 Chatham Road South, Tsimshatsui, Kowloon, Hong Kong.
PHONE: 2823 6258; 2823 6288
FAX: 2865 6031; 2861 3698
E-MAIL: kbhm@c-d.hk
Managing Director: Mr. Ho Wing Chiu, Peter
Incorporated on: 14th October, 1993.
Organization: Private Limited Company.
Capital: Nominal: HK$50,000.00
Issued: HK$50,000.00
Business Category: Manufacturer, Importer and Exporter.
Annual Turnover: HK$135~140 million.
Employees: 48. (Including associates)
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
Registered Head
Office:-
16/F., Railway Plaza, 39 Chatham Road South, Tsimshatsui, Kowloon, Hong Kong.
Associated/Affiliated
Companies:-
C & D Industries Ltd., Hong Kong. (Same address)
Creata International Ltd., Hong Kong.
Creation & Distribution Ltd., Hong Kong. (Same address)
Lewa (Hong Kong) Ltd., Hong Kong.
Lewa Leather Goods Manufacturing Co. Ltd., Hong Kong.
17458446
0451648
Managing Director: Mr. Ho Wing Chiu, Peter
Nominal Share Capital: HK$50,000.00 (Divided into 50,000 shares of HK$1.00 each)
Issued Share Capital: HK$50,000.00
(As per registry
dated 14-10-2011)
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Name |
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No. of shares |
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HO Wing Chiu, Peter |
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49,999 |
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HO WONG Shuk Wan, Winnie |
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1 |
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Total: |
50,000 ===== |
(As per registry
dated 14-11-2011)
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Name (Nationality) |
Address |
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HO Wing Chiu, Peter |
House A8, Habitat, Lot No. 1106 & 1110, DD 217, Hebe Haven, Sai Kung, New Territories, Hong Kong. |
|
HO WONG Shuk Wan, Winnie |
House A8, Habitat, Lot No. 1106 & 1110, DD 217, Hebe Haven, Sai Kung, New Territories, Hong Kong. |
HO
WONG Shuk Wan, Winnie (As per registry
dated 14-10-2011)
The subject was incorporated on 14th October, 1993 as a private limited liability company under the Hong Kong Companies Ordinance.
Apart from these, neither material change nor amendment has been ever traced and noted.
Activities: Manufacturer, Importer and Exporter.
Lines: All kinds of handbags, travel goods, souvenirs, toys, dolls, etc.
Employees: 48. (Including associates)
Commodities Imported: China, other Asian countries, etc.
Markets: Western Europe, Scandinavia, US, Canada, Japan, Australia, etc.
Annual Turnover: HK$135~140 million.
Terms/Sales: L/C, T/T, etc.
Terms/Buying: L/C, T/T, D/P, etc.
Nominal Share Capital: HK$50,000.00 (Divided into 50,000 shares of HK$1.00 each)
Issued Share Capital: HK$50,000.00
Profit or Loss: Making a small profit every year.
Condition: Keeping in an active manner.
Facilities: Making active use of general banking facilities.
Payment: Met trade commitments as contracted.
Commercial Morality: Satisfactory.
Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Standing: Good.
Kabehama H.K. Ltd. is wholly-owned by Mr. Peter Ho Wing Chiu and his wife Mrs. Winnie Ho Wong Shuk Wan. They are also directors of the subject.
The subject is trading in all kinds of handbags, travel goods, souvenirs, premiums, toys, dolls, etc. Most of the commodities are exported to Western Europe, Scandinavia, the United States, Canada, Japan, Australia, etc.
The subject has got an associated company Creation & Distribution Ltd. [C&D] located at the same address. The subject and C&D are engaged in the same lines of business, more or less.
Incorporated in December 1969, C&Ds office, with a showroom attached, covers an area of 1,020 sq.m. in Kowloon, Hong Kong.
Having about 48 staff, C&D has set up two associated factories in China. It is engaged in manufacturing and exporting toys in capsules, figurines and mascots, lawn and garden statues, premium and advertising products, dolls and accessories, etc.
The site area of the China factories cover an area of about 7,000 sq.m. and employing about 660 workers in total.
C&D is engaged in product development, designing and engineering, materials sourcing, manufacturing, shipment consolidation, quality controlling, etc.
C&D has had its own brand names such as SUSY, TRENDY GALLERY, BABY WORLD, LITTLE FAMILY, etc.
Products are exported to Australia, Europe, North and South America, etc. Overall business is active and steady.
C&D is a member of The Hong Kong General Chamber of Commerce, Hong Kong.
Both of the subject and C&D are controlled by Peter Ho Wing Chiu.
According to the subject, it has had an affiliated company Lewa Leather Goods Manufacturing Co. Ltd. [Lewa] located at a different address.
Lewa is a manufacturer of leather goods. Its products have coupled with traditional European techniques and production methods. It is engaged in manufacturing quality small leather goods, wallets, watch straps, and accessories. Its factory in Zhongshan City, Guangdong Province, China is known as Zhongshan Li Sheng Leather Goods Mfg. Co., Ltd.
The annual sales turnover of the subject and C&D ranges from HK$135 to 140 million. Making a small profit every year.
As
the history of the subject is over eighteen years, on the whole, consider it
good for normal business engagements.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.56.42 |
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UK Pound |
1 |
Rs.88.45 |
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Euro |
1 |
Rs.71.52 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SCs 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.