|
Report Date : |
10.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
SUNSTREAM INDUSTRIES PTE LTD |
|
|
|
|
Registered Office : |
18 Tuas South Street 5 Singapore 637796 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
17.01.1991 |
|
|
|
|
Com. Reg. No.: |
|
|
|
|
|
Legal Form : |
Limited Exempt Private Company |
|
|
|
|
Line of Business : |
General Wholesale Trade (Including Importers And Exporters) |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No complaints |
|
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 |
|
Company
Name: |
Sunstream
Industries Pte Ltd |
|
Supplied
Name: |
|
|
Supplied
Address: |
|
|
Fax
Number: |
|
Notes: Subject’s exact name and address are as above.
|
Registered
Name: |
|
|
Registered
Address: |
|
|
Date
of Registration:: |
|
|
Registered
Number: |
|
|
Country
of Incorporation: |
Singapore |
|
Registered
Capital: |
SGD
1,500,000 (USD 1,207,650) (As
of 2012.05, 1 SGD = 0.8051 USD) |
|
Paid-up
Capital: |
SGD
1,500,000 (USD 1,207,650) = 1,500,000 Shares@1 SGD |
|
Legal
Form: |
Limited
Exempt Private Company |
|
Principal
Activities: |
46900--General
Wholesale Trade (Including Importers And Exporters) 28169--Manufacture
And Repair Of Lifting And Handling Equipment Nec |
|
N/A |
|
|
Status: |
Live
Company |
|
Listed
at Stock Exchange: |
No |
|
Date
of Last Annual Return: |
|
Notes:
Subject declined to disclose its staff number; from other source
we can not obtain the relevant information, either.
Subject was incorporated on
|
Date |
Change |
|
|
JSH
PTE LTD |
|
|
SUNSTREAM
INDUSTRIES PTE LTD |
|
Subscription
Amount |
Proportion
of Investment (%) |
|
|
750,000 |
50% |
|
|
Ho
Ping Lian Mimi |
300,000 |
20% |
|
Heng
Jun Yuan |
225,000 |
15% |
|
Heng
Jun Jun |
225,000 |
15% |
|
Total |
1,500,000 |
100% |
Major
Shareholder Information:
|
1 |
|
|
Name: |
Heng Joon Siang |
|
ID Number: |
S |
|
Address: |
18 Jalan Siantan Singapore 268257 |
|
2 |
|
|
Name: |
Ho Ping Lian Mimi |
|
ID Number: |
S |
|
Address: |
18 Jalan Siantan Singapore 268257 |
|
3 |
|
|
Name: |
Heng Jun Yuan |
|
ID Number: |
S |
|
Address: |
18 Jalan Siantan Singapore 268257 |
|
4 |
|
|
Name: |
Heng Jun Jun |
|
ID Number: |
S |
|
Address: |
3 Holland Close #18-49 Singapore
271003 |
Related Companies and Offices
|
SUN
STREAM INDUSTRIES (M) SDN BHD SHAH
ALAM OFFICE : PENANG
OFFICE : INDONESIA PT
SUNSTREAM INDONESIA Kawasan
T8 No.8 - Alam Sutera
SUNSTREAM
INDUSTRIES (THAILAND) CO., LTD 19/34
Moo.10, Klongneung, Klong Luang, Phathumthani 12120, Thailand CHINA SUNSTREAM
INDUSTRIES (SUZHOU) CO., LTD No.
413 Mu Dong Road, Block 3, Level 1 Suzhou, China 215101 |
Detailed Information of Management:
|
1 |
|
|
Name: |
Heng Joon Siang |
|
Position: |
Director |
|
ID Number: |
S |
|
Address: |
18 Jalan Siantan Singapore 268257 |
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
|
2 |
|
|
Name: |
Ho Ping Lian Mimi |
|
Position: |
Director |
|
ID Number: |
S |
|
Address: |
18 Jalan Siantan Singapore 268257 |
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
|
3 |
|
|
Name: |
Lee Shwu Fang |
|
Position: |
Secretary |
|
ID Number: |
S |
|
Address: |
128 Tanjong Pagar Road Singapore
088535 |
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
Offices &
Factories
|
|
Office |
|
Address: |
Purchase
Information
l
Subject purchases industrial materials
and equipment mainly abroad from Europe and America, etc
l
It is introduced that subject is the
authorized distributor for the following brands
|
Brand |
Details |
|
CASCADE |
|
|
KENHAR |
|
|
LIFTOMATIC |
|
|
MTC |
|
|
KOOI REACHFORKS |
|
|
LANTECH |
|
|
RANPAK |
|
|
Other Products |
Sales
Information
l
Subject is mainly engaged in material
handling, distribution of packaging equipment and materials, etc
l
Subject’s products are both sold in
domestic and overseas market
Major
business
|
Material Handling |
Paper Roll Clamps & Tissue Roll Clamps |
|
Packaging Equipments |
|
|
Packaging Material |
Purchase
Domestic Markets
Subject
has little domestic purchase
Overseas Markets
|
Products
|
Payment
Terms |
Proportion |
|
Materials
and equipment |
CBD,
etc |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Materials and equipment |
CBD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Materials and equipment |
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
|
Charge
1 |
|
|
Charge
Number: |
C200801052 |
|
Date
of Registration: |
|
|
Name: |
DBS Bank Ltd. |
|
Amount
Secured: |
All Monies |
|
Charge 2 |
|
|
Charge
Number: |
C200801053 |
|
Date
of Registration: |
|
|
Name: |
DBS Bank Ltd. |
|
Amount
Secured: |
All Monies |
|
Name: |
KRESTON
DAVID YEUNG PAC |
|
Department: |
Sales
department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.46 |
|
|
1 |
Rs.86.27 |
|
Euro |
1 |
Rs.69.40 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.