MIRA INFORM REPORT
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Report Date : |
20.03.2012 |
IDENTIFICATION DETAILS
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Name : |
MUSHKO LOGISTICS PTE. LTD. |
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Registered Office : |
49 Pandan Road, #04-01/03, Pandan Logistics Hub Singapore 609290 |
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Country : |
Singapore |
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Date of Incorporation : |
03.01.2011 |
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Com. Reg. No.: |
201100183R |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Wholesale on a fee or contract basis |
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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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Singapore |
a1 |
a1 |
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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 |
Contact Points
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Company Name: |
Mushko Logistics Pte. Ltd. |
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Supplied Name: |
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Supplied
Address: |
49 Pandan Road No. 04-01/03, Pandan Logistics Hub, Singapore 609290 |
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Since the subject is a newly incorporated
company, the future development remains to be seen. At this stage credits
require securities. |
Special
Note
According to the name and address you supplied, we did not find the
contact number. From other sources, we couldn’t find any other contact methods.
So we did not contact the subject successfully.
And we will try to find the contact information about the 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 wholesaling on a fee or contract basis
(eg commission agents), we cannot confirm the information.
We found subject’s
registration information as follows for reference.
Company
Identification Details
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Registered Name: |
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Registered
Address: |
49 Pandan Road, #04-01/03, Pandan Logistics Hub Singapore 609290 |
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Date of
Registration:: |
2011-01-03 |
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Registered
Number: |
201100183R |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 50,000 (USD
39,742) (As of 2012.03, 1
SGD = 0.79484 USD) |
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Paid-up Capital: |
SGD 50,000 (USD
39,742) |
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Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
Wholesale on a
fee or contract basis (eg commission agents) |
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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: |
N/A |
Notes:
We cannot contact
the subject, so the information about the staff number is not available.
History
Subject was incorporated on 2011-01-03 with registered number 201100183R as
Limited Exempt Private Company in Singapore.
Shareholders
|
Subscription
Amount |
Proportion of
Investment (%) |
|
|
Faisal Afsar Ali |
50,000 |
100 |
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Total |
50,000 |
100 |
Major Shareholder
Information:
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Name: |
Faisal Afsar Ali |
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ID Number: |
KF1799232 |
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Address: |
House 71, 20th
Street, Off Khayaban-E-Hilal Dha-6 Karachi Pakistan |
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Nationality: |
Pakistani |
Subsidiaries & Branches
Management
Information
Detailed
Information of Management:
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1 |
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Name: |
Faisal Afsar Ali |
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Position: |
Director |
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ID Number: |
KF1799232 |
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Address: |
House 71, 20th
Street, Off Khayaban-E-Hilal Dha-6
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Nationality: |
Pakistani |
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Date of
Appointment: |
2011-01-03 |
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2 |
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Name: |
Tan kim hock |
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Position: |
Director |
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ID Number: |
S |
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Address: |
165 Bishan
Street 13, #08-274, Singapore 570165. |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-01-03 |
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3 |
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Name: |
Yeow Ee Pheow
(Yao Yanping) |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-01-03 |
Operation
Information
Offices
& Factories
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|
Office |
|
Address: |
49 Pandan Road, #04-01/03, Pandan Logistics Hub Singapore 609290 |
Operation
Information
According to the name and address you supplied, we did not find the
contact number. From other sources, we couldn’t find any other contact methods.
So we did not contact the subject successfully.
The registration
files show that subject is engaged in wholesaling on a fee or contract basis
(eg commission agents), we cannot confirm the information.
From other
sources, we did not find other operation information about the subject, either.
Settlements
According to the name and address you supplied, we did not find the
contact number. From other sources, we couldn’t find any other contact methods.
So we did not contact the subject successfully. So the information about the
settlement is not available.
Financial
Information
In Singapore,
Limited Exempt Private Companies are not obligated to submit their financial
statements to the local registry.
Since we couldn’t contact the subject successfully, we also couldn’t get
the information from other source. We cannot obtain the relevant information,
either.
Bankers
Since we couldn’t contact the subject successfully, we could not get
the bank details and cannot obtain the relevant information, either.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.50.12 |
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UK Pound |
1 |
Rs.79.37 |
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Euro |
1 |
Rs.66.02 |
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.