MIRA INFORM REPORT
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Report Date : |
09.03.2012 |
IDENTIFICATION DETAILS
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Name : |
AV MEDIA PTE LTD |
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Registered Office : |
2023 Bukit Batok Industrial Park
A #02-106 Street 23 Singapore 659528 |
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Country : |
Singapore |
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Date of Incorporation : |
14.11.1992 |
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Com. Reg. No.: |
199206138H |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Installation, testing, commissioning, service & maintenance of audio/ video equipment |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 50,000 |
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Status : |
Moderate |
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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 – 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 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Company Name: |
AV Media Pte Ltd |
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Supplied Name: |
|
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Block 2023, Bukit Batok Industrial Park A, Street 23, #02-100/106/110
Singapore 659528 |
|
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Supplied
Address: |
Block 2023 Bukit Batok Industrial Park A, #02-106, Street 23,
Singapore 659528 |
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Fax Number: |
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Notes: The exact subject’s address is as above
mentioned.
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Credit Rating: |
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Credit Opinion: |
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Registered
Name: |
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Registered
Address: |
2023 Bukit Batok Industrial Park A #02-106 Street 23
Singapore 659528 |
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Date
of Registration:: |
1992-11-14 |
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Registered
Number: |
199206138H |
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Country
of Incorporation: |
Singapore |
|
Registered
Capital: |
SGD 250,000.00
(USD 195,075.00) (As
of 2012.3, 1 SGD = 0.7803 USD) |
|
Paid-up
Capital: |
SGD
250,000.00 (USD 195,075.00) = 250,000 Shares@1 SGD |
|
Legal
Form: |
Limited
Exempt Private Company |
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Principal
Activities: |
46900
Installation, testing, commissioning, service & maintenance of audio/
video equipment 95210
Importers/Exporters/Wholesalers Of Audio Equipment & Related Products |
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N/A |
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Status: |
Live
Company |
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Listed
at Stock Exchange: |
No |
|
Date
of Last Annual Return: |
2011-8-24 |
Subject declined
to introduce its staff number.
Subject was incorporated on 1992-11-14 with registered number 199206138H as
Limited Exempt Private Company in Singapore.
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Tan
Seng Ling |
225,000 |
90% |
|
Oh
Geok Ping |
12,500 |
5% |
|
Tan Chuan Huat |
12,500 |
5% |
|
Total |
250,000 |
100% |
Major Shareholder
Information:
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1 |
|
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Name: |
Tan Seng Ling |
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ID Number: |
S1512536E |
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Address: |
52 Bukit Batok
Street 31 #03-09 Madeira, The Singapore 659443 |
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Nationality: |
Singapore
Citizen |
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2 |
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Name: |
Oh
Geok Ping |
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ID Number: |
S |
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Address: |
308 Jurong East Street 32 #04-264
Singapore 600308 |
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Nationality: |
Singapore
Citizen |
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3 |
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Name: |
Tan Chuan Huat |
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ID Number: |
S6928203B |
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Address: |
639 Choa Chu Kang Street 64 #12-19
Singapore 680639 |
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Nationality: |
Singapore
Citizen |
Subject did not register any subsidiaries or branches.
From public files,
we obtain that subject has offices in Singapore, Malaysia, USA, Taiwan and
China, which was not confirmed by subject.
Detailed Information
of Management:
|
1 |
|
|
Name: |
Tan Seng Ling |
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Position: |
Director |
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ID Number: |
S1512536E |
|
Address: |
52 Bukit Batok
Street 31 #03-09 Madeira, The Singapore 659443 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
1992-11-14 |
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2 |
|
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Name: |
Oh Geok Ping |
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Position: |
Director |
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ID Number: |
S |
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Address: |
308 Jurong East
Street 32 #04-264 Singapore 600308 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2002-6-29 |
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3 |
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Name: |
Tan Chuan Huat |
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Position: |
Director |
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ID Number: |
S6928203B |
|
Address: |
639 Choa Chu
Kang Street 64 #12-19 Singapore 680639 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2002-6-29 |
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4 |
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Name: |
Neo Lay Hiang
Pamela |
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Position: |
Secretary |
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ID Number: |
S1464993Z |
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Address: |
28 Jalan Joran
Seletar Hills Estate Singapore 809095 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
1995-11-24 |
Offices
& Factories
|
|
Office |
|
Address: |
Block 2023, Bukit Batok Industrial Park A, Street 23, #02-100/106/110
Singapore 659528 |
Purchase
l
Subject purchases media equipment.
l
Subject mainly purchases from foreign markets.
l
Subject imports from Japan, China, America, etc.
Sales Information
l
Subject is mainly engaged in sales and installation
of media equipment.
l
Subject supply solutions of media system for
classrooms, corporate, entertainment venues, governments, etc.
l
Subject supplies install services for customers.
l
Subject also sells media equipments.
l
Subject has both domestic and foreign markets, such
as Asian countries, America, etc.
Purchase
Dmestic Markets
|
Products |
Payment Terms |
Proportion |
|
Media equipment |
COD, CBD, etc. |
100% |
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
Media equipment |
CBD, etc. |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Media equipment, solutions , etc. |
Cash, etc. |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Media equipment, solutions , etc. |
T/T, etc. |
100% |
In Singapore, Limited Exempt Private Companies are not obligated to
submit their financial statements to the local registry.
The subject also declined to disclose such information due to the
confidentiality reason.
And we could not obtain that form other sources, either.
|
Name: |
Strategic Audit
Alliance PAC |
Charges
|
Charge 1 |
|
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Charge Number: |
C200405451 |
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Date of
Registration: |
2004-11-2 |
|
Name: |
DBS Bank Ltd. |
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Amount Secured: |
All Monies |
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Charge 2 |
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Charge Number: |
C200502927 |
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Date of
Registration: |
2005-5-24 |
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Name: |
Oversea-Chinese
Banking Corporation Limited |
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Amount Secured: |
All Monies |
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Charge 3 |
|
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Charge Number: |
C200904809 |
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Date of
Registration: |
2009-8-5 |
|
Name: |
United Overseas
Bank Limited |
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Amount Secured: |
All Monies |
|
Name: |
Kelvin |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.57 |
|
UK Pound |
1 |
Rs.79.57 |
|
Euro |
1 |
Rs.66.50 |
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 |
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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 |
|
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 |
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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 |
|
<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 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.