MIRA INFORM REPORT

 

 

Report Date :

04.05.2012

 

IDENTIFICATION DETAILS

 

Name :

HARDSEA AGENCIES PTE. LTD.

 

 

Registered Office :

10 Hoe Chiang Road #15-02a Keppel Towers Singapore 089315

 

 

Country :

Singapore

 

 

Date of Incorporation :

05.07.2011

 

 

Com. Reg. No.:

201115979E

 

 

Legal Form :

Private Limited Exempt Company

 

 

Line of Business :

Shipping agencies (freight)

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New Business

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 30, 2011

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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:

Hardsea Agencies Pte. Ltd.

Supplied Name:

Hardsea Agencies Pte Ltd.

Trading Address:

10 Hoe Chiang Road #15-02a Keppel Towers Singapore 089315

Supplied Address:

10 Hoe Chiang Road, #15-02A Keppel Tower, Singapore 089315

Telephone Number:

+65-6222 1184

 

 

Special Note

 

According to the supplied name and address, we obtained the telephone number (+65 6222 1184), a staff answered the phone, but she declined to disclose any information about subject, except the name and address.

The registration files show that subject is engaged in shipping agencies (freight)/services, since we did not get in touch with subject, we can not confirm the information.

 

We found subject’s registration information as follows for reference.

 

 

Company Identification Details

 

Registered Name:

Hardsea Agencies Pte. Ltd.

Registered Address:

10 Hoe Chiang Road #15-02a Keppel Towers Singapore 089315

Date of Registration::

2011-7-5

Registered Number:

201115979E

Country of Incorporation:

Singapore

Registered Capital:

SGD 300,002.00 (USD 242,214)

(As of 2012.5, 1 SGD =0.80738 USD)

Paid-up Capital:

SGD 300,002.00 (USD 242,214)= 300,002 Shares@1 SGD

Legal Form:

Private Limited Exempt Company

Principal Activities:

52222 Shipping agencies (freight)

52226 Ship management services

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No.

Date of Last Annual Return:

N/A

Note:

Subject declined to disclose the staff number, and from other sources, we couldn’t obtain the information, either.

 

 

History

 

Subject was incorporated on 2011-7-5 with registered number 201115979E as Private Limited Exempt Company in Singapore.

 

 

Shareholders

 

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

DANIEL YAU CHEONG KEE

300,002

100%

Total

300,002

100%

 

Major Shareholder Information:

1

Name:

DANIEL YAU CHEONG KEE

ID Number:

S0314944G

Address:

45 CHAI CHEE STREET #08-144 Singapore 461045

Nationality:

Singapore Citizen

 

 

Subsidiaries & Branches

 

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

 

Manage Information

 

Core Management

 

Detailed Information of Management:

1

Name:

DANIEL YAU CHEONG KEE

Position:

Director

ID Number:

S0314944G

Address:

45 CHAI CHEE STREET #08-144 Singapore 461045

Nationality:

Singapore Citizen

Date of Appointment:

2011-7-5

2

Name:

WONG FUNG SIN

Position:

Secretary

ID Number:

S2012761I

Address:

7 Bristol Road Bristol Court Singapore 219844

Nationality:

Singapore Citizen

Date of Appointment:

2011-7-7

 

 

Operation Information

 

Offices & Factories

 

 

Office

Address:

10 Hoe Chiang Road #15-02a Keppel Towers Singapore 089315

 

Operation Information

 

Subject declined to disclose the operation information.

 

We obtained the registered activities of the subject as follows for reference.

 

Business Code

Details

52222

Shipping agencies (freight)

52226

Ship management services

 

 

Settlements

 

Subject declined to disclose the settlements information, and from other sources, we couldn’t obtain the information, either.

 

 

Financial Information

 

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore and the only source from which we can obtain the information is the subject itself.

The financial information is not available from the subject or other sources.

 

 

Bankers

 

Open Account Bank

 

The bankers’ information is not available from the subject or other sources.

 

 

Auditors

 

Name:

YAP BOH PIN & COMPANY

 

 

Interview Details

 

Name:

N/A

Note:

The staff declined to disclose her name.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.23

UK Pound

1

Rs.86.14

Euro

1

Rs.69.98

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.