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Report Date : |
22.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
SILK ROSE PTE LTD |
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|
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Registered Office : |
111 North Bridge Road #04-62 |
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Country : |
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Date of Incorporation : |
14.12.2000 |
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Com. Reg. No.: |
200010437H |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Distribution of ferrous metals, electronics and electrical products and so on. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 20,000 |
|
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 30, 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 |
|
Company Name: |
Silk Rose Pte
Ltd |
|
Supplied Name: |
|
|
111 North Bridge Road, #04-62 Peninsula Plaza, Singapore 179098. |
|
|
Supplied
Address: |
111, North Bridge Road, #04-62 Peninsula Plaza, Singapore 179098 |
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Fax Number: |
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Credit Rating: |
|
|
Credit Opinion: |
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Registered
Name: |
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Registered
Address: |
111 North Bridge Road #04-62 Peninsula Plaza Singapore
179098 |
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Date
of Registration:: |
|
|
Registered
Number: |
200010437H |
|
Country
of Incorporation: |
Singapore |
|
Registered
Capital: |
SGD 2,000,000.00
(USD 1,586,130) (As
of 2012.3, 1 SGD = 0.79307 USD) |
|
Paid-up
Capital: |
SGD
2,000,000.00 (USD 1,586,130)=2,000,000 Shares@1 SGD |
|
Legal
Form: |
Private
Limited Exempt Company |
|
Principal
Activities: |
Distribution
of ferrous metals, electronics and electrical products and so
on. |
|
N/A |
|
|
Status: |
Live Company |
|
Listed at Stock
Exchange: |
No. |
|
Date of Last
Annual Return: |
|
Subject declined to
disclose the staff number, and from other sources, we couldn’t obtain the
information, either.
Subject
was incorporated on
|
Subscription
Amount |
Proportion
of Investment (%) |
|
|
GOBINDRAM S/O HARJANI |
1,845,000 |
92.25% |
|
CHAN WING SENG |
145,000 |
7.25% |
|
KAY TABADA MANZANO |
10,000 |
0.5% |
|
Total |
2,000,000 |
100% |
Major Shareholder
Information:
|
1 |
|
|
Name: |
GOBINDRAM S/O HARJANI |
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ID Number: |
S1194200H |
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Address: |
158 HAIG ROAD #17-05 HAIG COURT Singapore 438794 |
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Nationality: |
Singapore Citizen |
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2 |
|
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Name: |
CHAN WING SENG |
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ID Number: |
S |
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Address: |
509 West Coast Drive #02-281 West Coast Vista
Singapore 120509 |
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Nationality: |
Singapore Citizen |
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3 |
|
|
Name: |
KAY TABADA MANZANO |
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ID Number: |
S7976992D |
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Address: |
461 Clementi Avenue 3 #05-606 Singapore 120461 |
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Nationality: |
Filipino |
Detailed
Information of Management:
|
1 |
|
|
Name: |
GOBINDRAM S/O HARJANI |
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Position: |
Director |
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ID Number: |
1194200H |
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Address: |
158 Haig Road #17-05 Haig Court Singapore 438794 |
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Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
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2 |
|
|
Name: |
CHAN WING SENG |
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Position: |
Director |
|
ID Number: |
S |
|
Address: |
509 West Coast Drive #02-281 West Coast Vista
Singapore 120509 |
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Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
|
3 |
|
|
Name: |
CHAN WING SENG |
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Position: |
Secretary |
|
ID Number: |
S |
|
Address: |
509 West Coast Drive #02-281 West Coast Vista
Singapore 120509 |
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Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
Offices &
Factories
|
|
Office |
|
Address: |
111 North Bridge
Road, #04-62 Peninsula Plaza, Singapore 179098. |
Production
Information
l
Subject is a distributor of kinds of
products without any production activities
Purchase
l
The materials and the products are purchased
from both local and abroad.
Sales
Information
l
Subject is mainly engaged in
distributing of kinds of products.
l
Subject introduced that its major
products sold as following:
|
|
Product |
|
1 |
Timber, Iron
& Steel Products |
|
2 |
Electronics and
Electrical products |
|
3 |
Steam Coal |
|
4 |
Iron Ore Fines |
|
5 |
Brokering &
Financing House |
|
6 |
International
Commission Agents |
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7 |
Perfumes and
Toiletries |
|
8 |
Textiles |
l
For Steel Products in particular, subject
introduced that it is currently active in the Oceania region, including
Australia, New Zealand, Fiji Islands, Papua New Guinea, Vanuatu, Cook and
Solomon Islands.
l
Subject’s selling territory covers
South East Asian and Pacific Region.
Subject declined the
settlements information, and from other sources, we couldn’t obtain the
information, either.
In Singapore, Limited Exempt Private Companies are not obligated to submit their financial statements to the local registry. The subject also declined to disclose such information due to the confidentiality reason.
Subject refused to introduce any financial information, and we can’t find it from other resources, either.
The bankers’
information is not available from the subject or other sources.
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 |
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.