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Report Date : |
14.05.2012 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
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Country : |
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Date of Incorporation : |
19.11.1984 |
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Com. Reg. No.: |
12528416 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading of mechanical equipment |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Taiwan |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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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: |
Portland Trading Co., Ltd. |
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Supplied Name: |
Portland Trading Co Ltd. |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
+886-2-2396-8858 |
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Fax Number: |
+886-2-2395-5152 |
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E-mail: |
Notes: Subject’s exact name and address are as above.
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Credit Opinion: |
In view of the absence of information about
subject’s operation, caution should be exercised. |
All the information in the report is obtained
from local registry and other available sources.
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Registered Name: |
Portland Trading Co., Ltd. |
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Registered Address: |
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Date of Foundation: |
1984-11-19 |
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Registration Number: |
12528416 |
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Registry: |
Taipei City Government |
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Registered Capital: |
(As of 2012.05, 1 NTD = 0.034 USD) |
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Legal Representatives: |
Meijun Liu |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock
Exchange: |
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Date of Last
Annual Return: |
Notes: The staff number is not available from subject or other sources.
Subject was incorporated
on
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Name |
Subscription
Amount |
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Meijun Liu |
2,000,000 |
The information above is that of subject’s major shareholders.
Core
Management
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Name |
Meijun Liu |
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Position |
Director |
Offices
& Factories
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|
Headquarters |
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Add |
Operation
Information
l
Subject is a trader of large mechanical equipment
l
The registered activities of subject:
|
1 |
General import and export trading business |
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2 |
Agent service, price quoting, marketing service
of relevant products for domestic and overseas customers except futures |
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Since we did not contact subject, the settlement information is not
available.
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Taiwan and the only source
from which we can obtain the information is the subject itself.
We did not contact subject, thus the information is not available.
Information on Bank details is not available from subject or other
sources.
Mortgage
No chattel mortgage record of subject has been found within the recent
3 months.
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.64 |
|
UK Pound |
1 |
Rs.86.42 |
|
Euro |
1 |
Rs.69.29 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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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 |
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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 |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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---- |
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.