MIRA INFORM REPORT

 

 

Report Date :           

20.03.2012

 

IDENTIFICATION DETAILS

 

Name :

TRANSGLOBAL BUSINESS SOLUTIONS PTE. LTD.

 

 

Registered Office :

10 Jalan Besar, #08-11 Sim Lim Tower Singapore 208787

 

 

Country :

Singapore

 

 

Date of Incorporation :

03.10.2011

 

 

Com. Reg. No.:

201129797D     

 

 

Legal Form :

Limited Exempt Private Company

 

 

Line of Business :

General Wholesale Trade (Including General Importers and Exporters)

 

 

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

 


Contact Points

 

Company Name:

TRANSGLOBAL BUSINESS SOLUTIONS PTE. LTD. - 172934

Supplied Name:

Transglobal Business Solutions Pte Ltd.

Supplied Address:

10 Jalan Besar #08-11, Sim Lim Tower Singapore 208 787

 

 

Special Notes

 

We did not find any contact information of subject according to the supplied name or the supplied address from public files or any other sources.

Subject’s registered principle activity is general wholesale trade, while it is not confirmed by subject.

Up to the date of reporting, we did not get contact with subject, if you kindly supply contact information of subject, we’d like to continue our investigation.

We found the registered information of subject from local registry, supplying as follows for reference.

 

 

Company Identification Details

 

Registered Name:

Transglobal Business Solutions Pte. Ltd.

Registered Address:

10 Jalan Besar, #08-11 Sim Lim Tower Singapore 208787

Date of Registration::

2011-10-3

Registered Number:

201129797D

Country of Incorporation:

Singapore

Registered Capital:

SGD 1,000.00 (USD 780.3)

(As of 2012.3, 1 SGD = 0.7803 USD)

Paid-up Capital:

SGD 1,000.00 (USD 780.3)= 1,000  Shares@1 SGD

Legal Form:

Limited Exempt Private Company

Principal Activities:

46900 General Wholesale Trade (Including General Importers and Exporters)

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No

 

History

 

Subject was incorporated on 2011-10-3 with registered number 201129797D as Private Limited Liability Company in Singapore.

 

 

Shareholders

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

Bansaal Dheeraj Babli

1,000

100%

Total

1,000

100%

 

Major Shareholder Information:

Name:

Bansaal Dheeraj Babli

ID Number:

Z1741924

Address:

No.4/331-A, Anna Salai Second St, Sankarapuram Palavakkam, Chennai 600041, Tamilnadu, India

Nationality:

Indian

 

 

Management Information

 

Core Management

Detailed Information of Management:

1

Name:

Sikkendar Kaleel Ibrahim

Position:

Director

ID Number:

S6882253Z

Address:

14A Telok Blangah Crescent #08-302 Singapore 091014

Nationality:

Singapore Citizen

Date of Appointment:

2011-10-3

2

Name:

Sikkendar Kaleel Ibrahim

Position:

Secretary

ID Number:

S6882253Z

Address:

14A Telok Blangah Crescent #08-302 Singapore 091014

Nationality:

Singapore Citizen

Date of Appointment:

2011-10-3

3

Name:

Bansaal Dheeraj Babli

Position:

Director

ID Number:

Z1741924

Address:

No.4/331-A, Anna Salai Second St, Sankarapuram Palavakkam, Chennai 600041, Tamilnadu, India

Nationality:

Indian

Date of Appointment:

2011-10-3

 

 

Financial Information

 

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore, subject did not submit the latest information to the local registry, and the only source from which we can obtain the information is the subject itself.

Since we did not find subject, the financial information of subject is not available.

 

 

Bankers

 

No information was found from public files or the subject.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.12

UK Pound

1

Rs.79.37

Euro

1

Rs.66.02

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.