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Report Date : |
03.05.2012 |
IDENTIFICATION DETAILS
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Name : |
AMAZON EXPORTS PTE. LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
19.10.2007 |
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Com. Reg. No.: |
200719485D |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Trading of timber logs and related products |
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No. of Employees : |
Over 600 Employees (Group) |
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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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Singapore |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
|
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: |
Amazon Exports Pte.
Ltd. |
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Supplied Name: |
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Supplied
Address: |
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Fax Number: |
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Notes: Subject’s exact name and address are as
above.
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Registered Name: |
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Registered Address: |
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Date of
Registration:: |
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Registered
Number: |
200719485D |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 3,387,327
(USD 2,727,137) (As of 2012.05, 1
SGD = 0.8051 USD) |
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Paid-up Capital: |
SGD 3,387,327
(USD 2,727,137) = 3,387,327 Shares@1 SGD |
|
Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
46900--General
Wholesale Trade (Including General Importers And Exporters) Trading of
timber logs and related products |
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Over 600 Employees (Group) |
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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: |
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Subject was incorporated on
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Subscription
Amount |
Proportion of
Investment (%) |
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|
Raman Singhal |
3,387,327 |
100% |
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Total |
3,387,327 |
100% |
Major Shareholder Information:
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Name: |
Raman Singhal |
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ID Number: |
S8283446Z |
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Address |
3 Shenton Way #08-04 Shenton House Singapore
068805 |
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Nationality |
Singapore P.R. |
Overseas Offices
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Indian Offices Delhi Office: Myanmar Office: |
Detailed
Information of Management:
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1 |
|
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Name: |
Babu Ram |
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Value: |
Director |
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ID Number: |
G4940100 |
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Address: |
38 Dayanand Vihar, Delhi-110 092 India |
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Nationality: |
Indian |
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Date of Appointment: |
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2 |
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Name: |
Venkataramaiyer Sivaramakrishnan |
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Value: |
Secretary |
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ID Number: |
S |
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Address: |
666 Yishun Avenue 4#05-159 Singapore 760666 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
Raman Singhal |
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Value: |
Director |
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ID Number: |
S8283446Z |
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Address: |
3 Shenton Way #08-04 Shenton House Singapore 068805 |
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Nationality: |
Singapore P.R. |
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Date of Appointment: |
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Personnel
Structure
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Total Employees |
Offices
& Factories
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|
Office |
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Address: |
Production
Information
l
Subject is a trader of timber logs and related
products without any production activities itself.
Purchase
Information
l
It is introduced that Subject purchases timber logs
and related products from Malaysia, Myanmar, Vietnam, Russia, Belgium, Germany,
USA, New Zealand, Nigeria and South Africa
Sales
Information
l
Subject is mainly engaged in sales of timber logs
and other related products and its major products include Veneer, Plywood,
Timber logs, Sawn timber, Commercial plywood, Marine Plywood, Flexible plywood,
Film Faced plywood, Fancy/Decorative plywood, Wooden Flooring, lumber, Pine
lumber, Round logs, Spruce,Beech, Poplar, Teak, Gurjan, Keruing, etc
l
Subject’s products are mainly sold in Indian market
Purchase
Domestic Markets
Subject has little
domestic purchase
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
Timber logs and
related products |
CBD, etc |
100% |
Domestic Markets
Subject has little
domestic sales
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Timber logs and related products |
CBD, etc |
100% |
In Singapore, Limited Exempt Private Companies are not obligated to submit
their financial statements to the local registry. We did not find the
financials of subject from the local registry,
the subject also declined to disclose such information due to the
confidentiality reason.
Bank Charges
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Charge 1 |
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Charge Number: |
C200810315 |
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Date of Registration: |
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Name: |
Indian Bank |
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Amount Secured: |
All Monies |
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Charge 2 |
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Charge Number: |
C200811272 |
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Date of Registration: |
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Name: |
Indian Bank |
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Amount secured: |
All Monies |
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Charge 3 |
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Charge Number: |
C201000037 |
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Date of Registration: |
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Name: |
Bank Of India |
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Amount Secured: |
All Monies |
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Name: |
MGI N RAJAN ASSOCIATES |
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Department: |
Sales department
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.93 |
|
|
1 |
Rs.85.85 |
|
Euro |
1 |
Rs.69.94 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
RATING EXPLANATIONS
|
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 |
|
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 |
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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 |
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.