MIRA INFORM REPORT
|
Report Date : |
05.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
KASSAR LOGISTICS PTE. LTD. |
|
|
|
|
Registered Office : |
10 Anson Road #10-17 International Plaza Singapore 079903 |
|
|
|
|
Country : |
Singapore |
|
|
|
|
Date of Incorporation : |
20.09.2011 |
|
|
|
|
Com. Reg. No.: |
201128691G |
|
|
|
|
Legal Form : |
Private Limited Exempt Company |
|
|
|
|
Line of Business : |
Other investment holding companies |
|
|
|
|
No. of Employees
: |
Not Available |
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name: |
|
|
Supplied Name: |
|
|
Supplied
Address: |
According to the supplied name and address, we couldn’t obtain
the contact methods of subject. And if
you can supply a photocopy of subject's letterhead, a current telephone or fax
number for the company, we shall be pleased to have the investigation resumed.
The registration
files show that subject is engaged in other
investment holding companies, since we did not get in touch with
subject, we can not confirm the information.
We found subject’s
registration information as follows for reference.
|
Registered
Name: |
|
|
Registered
Address: |
|
|
Date
of Registration:: |
|
|
Registered
Number: |
|
|
Country
of Incorporation: |
Singapore |
|
Registered
Capital: |
SGD 50,000.00
(USD 39,918.6) (As
of 2012.3, 1 SGD = 0.79837 USD) |
|
Paid-up
Capital: |
SGD
50,000.00 (USD 39,918.6)= 50,000 Shares@1 SGD |
|
Legal
Form: |
Private
Limited Exempt Company |
|
Principal
Activities: |
64202
Other investment holding companies 52291
Value added logistics providers |
|
N/A |
|
|
Status: |
Live Company |
|
Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
N/A |
The staff number
is not available from the subject or other sources.
Subject was incorporated on
|
Subscription Amount |
Proportion of Investment (%) |
|
|
EMANUEL SINESCU |
50,000 |
100% |
|
Total |
50,000 |
100% |
Major Shareholder
Information:
|
1 |
|
|
Name: |
EMANUEL SINESCU |
|
ID Number: |
050978149 |
|
Address: |
Tr, Pucheni, Nr.
16 B1. B3 Sc 1, Ap. 32 051224 Bucuresti Romania |
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Detailed
Information of Management:
|
1 |
|
|
Name: |
EMANUEL SINESCU |
|
Position: |
Director |
|
ID Number: |
050978149 |
|
Address: |
Str, Pucheni,
Nr. 16 B1. B3 Sc 1, Ap. 32 051224 Bucuresti Romania |
|
Nationality: |
Romanian |
|
Date of
Appointment: |
|
|
2 |
|
|
Name: |
ABDUL GHANI BIN
TAHIR |
|
Position: |
Director |
|
ID Number: |
S1645355B |
|
Address: |
644 Bedok
Reservoir Road #14-89 Singapore 410644 |
|
Nationality: |
Singapore
Citizen |
|
Date of
Appointment: |
|
|
3 |
|
|
Name: |
ABDUL GHANI BIN
TAHIR |
|
Position: |
Secretary |
|
ID Number: |
S1645355B |
|
Address: |
644 Bedok
Reservoir Road #14-89 Singapore 410644 |
|
Nationality: |
Singapore
Citizen |
|
Date of
Appointment: |
|
Offices & Factories
|
|
Office |
|
Address: |
Operation Information
We contacted the
subject unsuccessfully.
We obtained the
registered activities of the subject as follows for reference.
|
Business Code |
Details |
|
64202 |
Business
and management consultancy services |
|
52291 |
Value
added logistics providers |
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Singapore and the only source
from which we can obtain the information is the subject itself.
The bankers’ information is not available from the subject or other
sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.35 |
|
UK Pound |
1 |
Rs.78.68 |
|
Euro |
1 |
Rs.65.63 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.