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Report Date : |
25.05.2012 |
IDENTIFICATION DETAILS
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Name : |
VICTORY
RICH TRADING LTD. |
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Registered Office : |
c/o HKBSS Ltd., Unit 3B, 20/F., Far East Consortium Building, 121 Des Voeux Road, Central |
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Country : |
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Date of Incorporation : |
09.04.2008 |
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Com. Reg. No.: |
51704392 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Not Available |
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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 : |
No operating office in Hong Kong |
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Payment Behaviour : |
--- |
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Litigation : |
--- |
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) |
|
Hong Kong |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
|
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 |
VICTORY RICH TRADING
LTD.
Registered
Office:-
c/o HKBSS Ltd.
Unit 3B, 20/F., Far East Consortium Building, 121 Des Voeux Road,Central, Hong Kong.
51704392
1225131
9th April, 2008.
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
(As per registry
dated 09-04-2012)
|
Name |
|
No. of shares |
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Darwin WIDJAJA |
|
10,000 ===== |
(As per registry
dated 09-04-2012)
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Name (Nationality) |
Address |
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Darwin WIDJAJA |
Muara Karang H5T, No. 10 Jakarta, 14450 Indonesia. |
(As per registry
dated 09-04-2012)
|
Name |
Address |
Co.
No. |
|
HKBSS Ltd. |
20/F., Far East Consortium Building, 121 Des Voeux Road, Central, Hong Kong. |
0838155 |
Victory Rich Trading Ltd. was incorporated on 9th April, 2008 as a private limited liability company under the Hong Kong Companies Ordinance.
The subject does not have its own operating office. Its registered office is in a commercial service firm located at “Unit 3B, 20/F., Far East Consortium Building, 121 Des Voeux Road, Central, Hong Kong” known as “HKBSS Ltd.” which is handling its correspondences and documents. HKBSS Ltd. is also the corporate secretary of the subject. The subject has no employees in Hong Kong.
According to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary shares of HK$1.00 each which are wholly owned by Mr. Darwin Widjaja who is an Indonesian. He is an Indonesia passport holder and does not have the right to reside in Hong Kong permanently. He is also the only director of the subject. At present he is in Indonesia.
Formerly the shares held by Widjaja were held by Mr. Nishant Gaurav who is an Indian. He transferred all his shares to Widjaja on 22nd December, 2011.
The subject’s lines of business are unknown since the secretarial firm also knows nothing about it. Widjaja cannot be reached as he is in Indonesia.
No information of the subject can be obtained from our secondary sources.
It is likely that the subject has got an associated company in Indonesia which is also operated by Widjaja.
It is also likely that the Indonesia firm deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong. The Indonesia firm also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.
The subject’s business in Hong Kong is not active. History in Hong Kong is over four years and a month. It has been banking with Bank of India, Hong Kong Branch.
Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.29 |
|
UK Pound |
1 |
Rs.88.26 |
|
Euro |
1 |
Rs.70.82 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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 |
|
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.