MIRA INFORM REPORT

 

 

Report Date :

15.05.2012

 

IDENTIFICATION DETAILS

 

Name :

BLUE STAR IMPEX CO., LTD.

 

 

Registered Office :

7f.-7, No.179, Fuxing N. Rd., Songshan Dist., Taipei City 10547

 

 

Country :

Taiwan

 

 

Date of Incorporation :

30.10.2009

 

 

Com. Reg. No.:

24475890

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Trading of accessory, ore and the related products

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Taiwan

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


Contact Points

 

Company Name:

Blue Star Impex Co., Ltd.

Supplied Name:

Blue Star Impex Co Ltd.

Trading Address:

7f.-7, No.179, Fuxing N. Rd., Songshan Dist., Taipei City 10547, Taiwan (R.O.C.)

Supplied Address:

707, 7th Floor, No. 179, Fushing North Road Taipei (10547)

Telephone Number:

+886 2-27199877

Fax Number:

+886 2-27196652

Notes:

The supplied address is incomplete, and the exact address is as above.

 

 

Credit Summary

 

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

Blue Star Impex Co., Ltd.

Registered Address:

7f.-7, No.179, Fuxing N. Rd., Songshan Dist., Taipei City 10547, Taiwan (R.O.C.)

Date of Foundation:

2009-10-30

Registration Number:

24475890

Registry:

Taipei City Government

Registered Capital:

NTD 500,000 (USD 16,935.6)

(As of 2012.5, 1 NTD =0.03387 USD)

Legal Representatives:

Nisi Ma

Legal Form:

Limited Liability Company

Principal Activities:

Trading of accessory, ore and the related products.

Staff:

N/A

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 2009-10-30 with registered number 24475890 as Limited Liability Company in Taiwan.

 

 

Shareholders

(Unit: NTD)

Name

Subscription Amount

Nisi Ma

500,000

 

 

The information above is that of subject’s major shareholders.

 

 

Subsidiaries & Branches

 

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

 

 

Personnel Information

 

Core Management

Directors

Name

Nisi Ma

Position

Director

 


Operation Information

 

Offices & Factories

 

Headquarters

Add

7f.-7, No.179, Fuxing N. Rd., Songshan Dist., Taipei City 10547, Taiwan (R.O.C.)

 

Production Information

l         Subject is a trader of accessories and the related products without any production activities

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

F115010

Wholesale of accessory and precious metal

F115020

Wholesale of ore

F215010

Retail of accessory and precious metal

F215020

Retail of ore

F401010

International trade

 

Sales Information

l         Subject is mainly engaged in trading of kinds of accessories and the related products.

l         Subject’s selling territory covers all over the world.

l         But subject declined to disclose other information about subject.

 

Import and export right:

Import right

Yes

Export right

Yes

 


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 Taiwan and the only source from which we can obtain the information is the subject itself.

Subject’s relevant staff declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

 

Bankers

 

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

 

 

Public Record

 

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.

 

Note:

A lady declined to disclose her name.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.71

UK Pound

1

Rs.86.34

Euro

1

Rs.69.23

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.