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Report Date : |
26.03.2012 |
IDENTIFICATION DETAILS
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Name : |
PRIDE SHIPPING ORIENTAL PTE. LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
11.04.2011 |
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Com. Reg. No.: |
201108674 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Ship Owners, Ship Charterers, Ship Brokers |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRAs 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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Singapore |
A1 |
A1 |
|
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: |
Pride Shipping
Oriental Pte. Ltd. |
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Supplied Name: |
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Supplied
Address: |
10-01, The Corporate Office, 138, Robinson Road, Singapore 068906 |
We tried to
contact the subject through the supplied number +65 6339 5456/ +65 6339 5460 which
was not available. And we tried to contact the registered office of subject
through number +65 6533 2323, but the relevant staff introduced that they
were not the operation office of subject and declined to introduce any other
information.
We did not find
any contact information of subject according to the supplied name or address
from any sources. From registry, subject is ship owner/ charterer/broker, while
it is not confirmed by subject.
Up to the date of
reporting, we did not get contact with subject, if you kindly supply valid
contact information of subject, wed like to continue our investigation.
We found the
registered information of subject from local registry, supplying as follows for
reference.
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Registered Name: |
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Registered
Address: |
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Date of
Registration:: |
2011-4-11 |
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Registered
Number: |
201108674W |
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Country of
Incorporation: |
Singapore |
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Registered Capital: |
SGD 380,000.00
(USD 296,514.00) (As of 2012.3, 1
SGD = 0.7803 USD) |
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Paid-up Capital: |
SGD 380,000.00
(USD 296,514.00)= 380,000 Shares@1 SGD |
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Legal Form: |
Private Limited
Liability Company |
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Principal
Activities: |
50021 Ship Owners,
Ship Charterers, Ship Brokers |
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N/A |
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Status: |
Live |
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Listed at Stock
Exchange: |
No |
Since we did not
contact the subject, the staff number is not available.
Subject was incorporated on 2011-4-11 with registered number 201108674W as
Private Limited Liability Company in Singapore.
|
Subscription Shares |
Proportion of Investment (%) |
|
|
Zennia Shipping Company Limited |
380,000 |
100% |
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Total |
380,000 |
100% |
Major Shareholder
Information:
|
Name: |
Zennia Shipping
Company Limited |
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ID Number: |
T11UF1935D |
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Address: |
284 Arch,
Makarios Iii Avenue, Fortuna Court, Block "B", 2nd Floor, 3105
Limassol, Cyprus |
Detailed
Information of Management:
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1 |
|
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Name: |
Ling Chong Yung |
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Position: |
Director |
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ID Number: |
S0894951D |
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Address: |
109 Spottiswoode
Park Road #13-83 Spottiswoode Park Singapore 080109 |
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Nationality: |
Singapore
Citizen |
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Date of Appointment: |
2011-5-6 |
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2 |
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Name: |
Venkiteswaran
Hariharan |
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Position: |
Secretary |
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ID Number: |
S1585156B |
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Address: |
62 Jalan Senang
Singapore 418351 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-4-12 |
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3 |
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Name: |
Subashini D/O
Narayanasamy |
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Position: |
Secretary |
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ID Number: |
S7209123Z |
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Address: |
153 Lorong 2 Toa
Payoh #07-602 Toa Payoh Sapphire Singapore 310153 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2012-2-6 |
The subject has no obligations to supply its financial statements to the
third party according to the relevant policy in Hong Kong 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.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.90 |
|
|
1 |
Rs.80.77 |
|
Euro |
1 |
Rs.67.40 |
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 |
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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 SCs 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.