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Report Date : |
22.03.2012 |
IDENTIFICATION DETAILS
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Name : |
GREENRAYS INTERNATIONAL CO., LTD. |
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Registered Office : |
No.2, Alley 102, Lane 601, Sec. 2, Beigang
Rd., Taibao City, Chiayi County 612, Taiwan |
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Country : |
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Date of Incorporation : |
08.12.2008 |
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Com. Reg. No.: |
24276040 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trade and process of agricultural products
and the related products |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 125,000.00 |
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Status : |
Satisfactory |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
No.8, Xingye Road, Chiatai Industrial Taibao
City, Chiayi County 612, Taiwan |
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Supplied Address: |
No. 11 Hsing Yeh Road, Chiatai Industrial
Zone, Tai-Pao City, Chia-Yi , Taiwan |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
The supplied name is incorrect, and the exact name is as above.
The supplied address is incorrect, and the exact address is as above.
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Credit Rating: |
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Credit Opinion: |
Subject declined to
disclose the staff number, and from other sources, we couldn’t obtain the
information, either.
Subject was incorporated on
|
Name |
Subscription
Amount |
|
Lizhang Yang |
28,500,000 |
The information above is that of subject’s major shareholders.
Parent Company
|
Name |
Nam Liong Group |
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Registered Address |
10,Lane 41,Chou-Wei St., Yung-Kang Dist., Tainan
City, Taiwan 71044 |
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Telephone Number |
+886-6-2534161 |
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Fax Number |
+886-6-2543138 |
Core Management
Directors
|
1 |
|
|
Name |
Lizhang Yang |
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Position |
Director |
Offices
& Factories
|
|
Headquarters
|
|
Add |
No.8,
Xingye Road, Chiatai Industrial Taibao City, Chiayi County 612, Taiwan |
Production
Information
l
Subject is a processor and trader of agricultural products and the related products with
the production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
A101040 |
Planting of
edible mushroom |
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C111010 |
Planting of tea |
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C801110 |
Manufacture of
fertilizer |
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F102050 |
Wholesale of tea |
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ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l
The raw materials for production are
purchased from both and abroad.
l
Subject is mainly engaged in
manufacturing and trading of agricultural products and
the related products.
l
Subject introduced that
it has 2 departments, one is mainly engaged in manufacturing and trading of
green fertilizers,
and the other is mainly engaged in processing and trading of green food.
l
Subject introduced that the trademarks of subject
include DR. Harvest, Vis Life, etc.
l
Subject sells the products to both
domestic market and overseas market.
Import
and export right:
|
Import
right |
Yes |
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Export
right |
Yes |
Purchase
Subject
declined the purchase settlements information, and from other sources, we
couldn’t obtain the information, either.
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
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Doors and the related products |
COD, etc |
100% |
Export
|
Sales Terms |
Proportion |
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Doors and the related products |
T.T, L/C, etc |
100% |
Subject has no obligations to disclose its financial statements to the third
party according to the relevant policy in Taiwan and the only source from which
we can obtain the information is the subject itself.
Subject’s relevant staff Mr. Huang declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
The bankers’ information is not available from the subject or other sources.
Public Record
Mortgage
No chattel mortgage record of subject has been found within the
recent 3 months.
Lawsuit
Up to
date of reporting, no existing or latent litigation of the subject has been
found.
|
Name |
Mr. Huang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.59 |
|
|
1 |
Rs.80.34 |
|
Euro |
1 |
Rs.67.14 |
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 |
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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 |
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.