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Report Date : |
28.06.2012 |
IDENTIFICATION DETAILS
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Name : |
Mndh Intl Co Ltd |
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Registered Office : |
c/o Splendid
Consultants Ltd., Flat A, 16/F., Glory Centre, |
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Country : |
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Date of Incorporation : |
13.05.2011 |
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Com. Reg. No.: |
58351039 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Not Available |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
No operating office in Hong Kong |
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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) |
|
Hong Kong |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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 |
MNDH INTERNATIONAL CO. LTD.
Registered
Office:-
c/o Splendid Consultants Ltd.
Flat A, 16/F., Glory Centre, 8 Hillwood Road, Tsimshatsui, Kowloon, Hong Kong.
58351039
1600261
Managing Director: Mr. Kwon Deuk Hyun
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$1,000.00
(As per registry
dated 13-05-2012)
|
Name |
|
No. of share |
|
KWON Deuk Hyun |
|
1,000 ==== |
(As per registry
dated 13-05-2012)
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Name (Nationality) |
Address |
|
KWON Deuk Hyun |
No-10 Jalan Anggerik Vanilla, 31/99C Kota Kemuning, 40460 Shah Alan Selangor, Malaysia. |
(As per registry dated
13-05-2012)
|
Name |
Address |
Co.
No. |
|
Splendid Consultants Ltd. |
Flat A, 16/F., Glory Centre, 8 Hillwood Road, Tsimshatsui, Kowloon, Hong Kong. |
0561141 |
Please note the followings:-
1. Mndh International Co. Ltd. was incorporated on 13th May, 2011 as a private limited liability company under the Hong Kong Companies Ordinance.
2. The subject does not have its own operating office. Its registered office is in a commercial service firm located at ‘Flat A, 16/F., Glory Centre, 8 Hillwood Road, Tsimshatsui, Kowloon, Hong Kong’ known as ‘Splendid Consultants Ltd.’ [Splendid] which is handling its correspondences and documents. Splendid is also the corporate secretary of the subject. The subject has no employees in Hong Kong.
3. 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. Kwon Deuk Hyun who is a Korean.
4. Kwon is a Korea 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 Selangor, Malaysia.
5. The subject’s lines of business are unknown since the secretarial firm also knows nothing about its business. The director of the subject cannot be reached as he is not in Hong Kong.
6. No information of the subject can be obtained from our secondary sources.
7. To our knowledge, there was a Kwon Deuk Hyun in Macau who had set up a firm known as Ever Fortune Internacional Investimento Sociedade Unipessoal Limitada [Ever Fortune]. Ever Fortune was involved in gambling but now has been dissolved. However, we are not sure whether the owner of Ever Fortune was the same as the owner of the subject.
8. The subject’s business in Hong Kong is not active. History in Hong Kong is just over a year.
9. 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.57.22 |
|
UK Pound |
1 |
Rs.89.42 |
|
Euro |
1 |
Rs.71.46 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
|
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.