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Report Date : |
26.06.2012 |
IDENTIFICATION DETAILS
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Name : |
ESI
OVERSEAS LTD. |
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Registered Office : |
Flat F-E, 16/F., |
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Country : |
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Date of Incorporation : |
21.10.2011 |
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Com. Reg. No.: |
59086669 |
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Legal Form : |
Private Limited Liability Company |
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LINE OF BUSINESS : |
NOT AVAILABLE NOTE: We
apologize to you for not getting the caption firm’s exact activity because of
the following reasons: 1. The
captioned firm is just a shelf company in 2. The
subject’s secretarial firm Buttar.HK 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? |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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---- |
NB |
New Business |
---- |
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Status : |
New Company |
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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) |
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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 |
ESI OVERSEAS LTD.
Registered
Office:-
Flat F-E, 16/F., Harilela Mansion, 81 Nathan Road, Tsimshatsui, Kowloon, Hong Kong.
59086669
1673449
21st October, 2011.
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
(As per registry
dated 21-10-2011)
|
Name |
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No. of shares |
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Sheik Abdul Kader MOHAMED MOHIDEEN |
|
10,000 ===== |
(As per registry
dated 21-10-2011)
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Name (Nationality) |
Address |
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Sheik Abdul Kader MOHAMED MOHIDEEN |
16-17 Purushothaman Street, Pallavaram Chennai 600 043, Tamilnadu, India. |
(As per registry
dated 21-10-2011)
|
Name |
Address |
Co.
No. |
|
Buttar.HK Ltd. |
1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong. |
0975326 |
ESI Overseas Ltd. was incorporated on 21st October, 2011 as a private limited liability company under the Hong Kong Companies Ordinance.
According to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary shares of HK$1.00 each which are wholly owned by Mr. Sheik Abdul Kader Mohamed Mohideen who is an Indian. He is an India passport holder and does not have the right to reside in Hong Kong permanently. Currently he is residing in India.
The subject does not have its own operating office. Its registered address is in a private building located at Flat F-E, 16/F., Harilela Mansion, 81 Nathan Road, Tsimshatsui, Kowloon, Hong Kong. This is supposed to be the residence of Mohamed Mohideen when he is in Hong Kong.
The residential building is not trespassed by outsiders. The subject has no employees in Hong Kong.
The subject’s lines of business are unknown.
Mohamed Mohideen cannot be reached as he is in India.
The subject may have got an associated company in India which is also operated by Mohamed Mohideen.
It is 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 history of the subject in Hong Kong is just over eight months.
The subject 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
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Indian Rupees |
|
US Dollar |
1 |
Rs.56.53 |
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UK Pound |
1 |
Rs.88.09 |
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Euro |
1 |
Rs.70.83 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
RATING EXPLANATIONS
|
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 |
---- |
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.