MIRA INFORM REPORT
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Report Date : |
10.03.2012 |
IDENTIFICATION DETAILS
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Name : |
ALF&HY INTERNATIONAL CO.
LTD. |
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Registered Office : |
c/o Hong Kong Vfon Business Technology Co. Ltd., Room L026,
2/F., Tai Shing Industrial Building, 273-279 Un Chau Street, Cheung Sha Wan,
Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
03.05.2011 |
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Com. Reg. No.: |
58293201 |
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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 : |
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
ALF&HY INTERNATIONAL CO. LTD.
Registered Office:-
c/o Hong Kong Vfon Business Technology Co. Ltd.
Room L026, 2/F., Tai Shing Industrial Building, 273-279 Un Chau Street, Cheung Sha Wan, Kowloon, Hong Kong.
[Tel: 3069 7060; Fax: 6515 8933]
58293201
1594516
3rd May, 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 03-05-2011)
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Name |
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No. of shares |
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WANG Jun Hai |
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10,000 ===== |
(As per registry
dated 03-05-2011)
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Name (Nationality) |
Address |
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WANG Jun Hai |
5-2-3, 22 Huadong Road, Ganjingzi Area, Dalian City, Liaoning Province, China. |
(As per registry dated
03-05-2011)
|
Name |
Address |
Co.
No. |
|
Hong Kong Vfon Business Technology Co. Ltd. |
Room L026, 2/F., Tai Shing Industrial Building, 273-279 Un Chau Street, Cheung Sha Wan, Kowloon, Hong Kong. |
1403334 |
ALF&HY International Co. Ltd. was incorporated on 3rd May, 2011 as a private limited liability company under the Hong Kong Companies Ordinance.
The subject does not have its own operating office. Its registered office is in a commercial service firm located at Room L026, 2/F., Tai Shing Industrial Building, 273-279 Un Chau Street, Cheung Sha Wan, Kowloon, Hong Kong known as Hong Kong Vfon Business Technology Co. Ltd. which is handling its correspondences and documents. This firm is also the corporate secretary of the subject. The subject has no employees in Hong Kong.
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. Wang Jun Hai who is a China merchant. He is a China ID Card holder and does not have the right to reside in Hong Kong permanently. He is also the only director of the subject. Currently Wang is residing in Dalian City, Liaoning Province, China.
The subject’s lines of business are unknown since the secretarial firm also does not know any information about its activities. Wang Jun Hai cannot be reached as he is in Dalian City, Liaoning Province, China.
It is likely that the subject is trading in a kind of machinery bearing the brand name of “ALF&HY”. However, this line of business is unconfirmed.
It is likely that the subject has got an associated company in Liaoning Province, China which is also operated by Wang.
The China 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 China firm also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.
The subject’s business in Hong Kong is not active. History in Hong Kong is over ten months.
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
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.02 |
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UK Pound |
1 |
Rs.79.00 |
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Euro |
1 |
Rs.66.18 |
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 |
---- |
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.