MIRA INFORM REPORT
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Report Date : |
14.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
SJ FABRICS PTE. LTD. |
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Registered Office : |
30 Kallang Pudding Road #04-04
Valiant Industrial Building Singapore 349312 |
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Country : |
Singapore |
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Date of Incorporation : |
26.02.2002 |
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Com. Reg. No.: |
200201502R |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
General importers and exporters Wholesale textile trading |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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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 10,000 |
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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 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Company Name: |
SJ Fabrics Pte. Ltd. |
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Supplied Name: |
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30 Kallang Pudding Road #04-04 Valiant Industrial Building
Singapore 349312 |
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Supplied
Address: |
30, Kallang Pudding Road, #04-04 Vallant Industrial Building Singapore
349312 |
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Credit Rating: |
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Credit Opinion: |
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 business and management consultancy
services, 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: |
30 Kallang Pudding Road #04-04 Valiant Industrial Building
Singapore 349312 |
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Date
of Registration:: |
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Registered
Number: |
200201502R |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
SGD
600,000.00 (USD 476,648) (As
of 2011.06, 1 SGD = 0.79441 USD) |
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Paid-up
Capital: |
SGD
600,000.00 (USD 476,648)= 600,000 Shares@1 SGD |
|
Legal
Form: |
Private
Limited Exempt Company |
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Principal
Activities: |
46900
General importers and exporters 46411 Wholesale textile trading |
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N/A |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
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Date of Last
Annual Return: |
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Note:
The staff number is not available from the subject or other sources.
Subject was incorporated on
|
Subscription Amount |
Proportion of Investment (%) |
|
|
JAIKISHIN
SUGNOMAL ASWANI |
6,000 |
|
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SAMEER
JAIKISHIN ASWANI |
594,000 |
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Total |
600,000.00 |
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Major Shareholder
Information:
|
1 |
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Name: |
JAIKISHIN
SUGNOMAL ASWANI |
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ID Number: |
S2034641H |
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Address: |
9B BROADRICK
ROAD Singapore 439473 |
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Nationality: |
Singapore
Citizen |
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2 |
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Name: |
SAMEER
JAIKISHIN ASWANI |
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ID Number: |
|
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Address: |
9B BROADRICK
ROAD Singapore 439473 |
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Nationality: |
Singapore
Citizen |
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Detailed
Information of Management:
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1 |
|
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Name: |
JAIKISHIN
SUGNOMAL ASWANI |
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Position: |
Director |
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ID Number: |
S2034641H |
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Address: |
9b Broadrick
Road Singapore 439473 |
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Nationality: |
SINGAPORE
CITIZEN |
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Date of
Appointment: |
|
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2 |
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Name: |
Rayapalayam
Padmanaban Raghavendran |
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Position: |
Secretary |
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ID Number: |
S2668505B |
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Address: |
518 Serangoon
North Avenue 4 #02-204 Singapore 550518 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
|
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3 |
|
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Name: |
SAMEER JAIKISHIN
ASWANI |
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Position: |
Director/
Managing Director |
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ID Number: |
S |
|
Address: |
9b Broadrick
Road Singapore 439473 |
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Nationality: |
Singapore
Citizen |
|
Date of
Appointment: |
|
Offices
& Factories
|
|
Office |
|
Address: |
30 Kallang Pudding Road #04-04 Valiant Industrial Building Singapore
349312 |
Operation
Information
We contacted the subject unsuccessfully.
We obtained the registered activities of the subject as follows for
reference.
|
Business Code |
Details |
|
46900 |
General
importers and exporters |
|
46411 |
Wholesale
textile trading |
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.
|
Name: |
PARKER RANDALL |
Charges
|
Charge 1 |
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Charge Number: |
C200901126 |
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Date of
Registration: |
|
|
Name: |
HONG LEONG
FINANCE LIMITED |
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Amount Secured: |
All Monies |
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Charge 2 |
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Charge Number: |
C200906068 |
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Date of
Registration: |
|
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Name: |
STANDARD
CHARTERED BANK |
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Amount Secured: |
All Monies |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.85 |
|
UK Pound |
1 |
Rs.77.97 |
|
Euro |
1 |
Rs.65.62 |
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 |
|
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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.