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Report Date : |
25.05.2012 |
IDENTIFICATION DETAILS
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Name : |
WEESENG HVAC TECHNOLOGY PTE LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
13.05.1994 |
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Com. Reg. No.: |
199403363Z |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Manufacturer of industrial chillers and all HVAC & R equipments and the related products |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Singapore |
A1 |
A1 |
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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: |
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Supplied Name: |
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Supplied
Address: |
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Fax Number: |
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Note:
The exact name is as above.
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Credit Opinion: |
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Registered
Name: |
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Registered
Address: |
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Date
of Registration:: |
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Registered
Number: |
199403363Z |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
SGD 100,000.00
(USD 78,284.6) (As
of 2011.06, 1 SGD = 0.78285 USD) |
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Paid-up
Capital: |
SGD
100,000.00 (USD 78,284.6) |
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Legal
Form: |
Private
Limited Exempt Company |
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Principal
Activities: |
Manufacture
of industrial chillers and all HVAC & R equipments and the related
products. |
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N/A |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No. |
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Date of Last
Annual Return: |
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Note:
Subject declined to disclose the staff number, and from other sources, we couldn’t obtain the information, either.
Subject was incorporated on
Major Shareholders:
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Subscription Shares |
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GOH QUEE SENG |
20,000 |
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GOH KWEE HAY |
20,000 |
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Total |
40,000 |
Major Shareholder
Information:
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1 |
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Name: |
GOH QUEE SENG |
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ID Number: |
S |
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Address: |
23 JALAN CHENGKEK Singapore 369242 |
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Nationality: |
Singapore Citizen |
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2 |
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Name: |
GOH KWEE HAY |
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ID Number: |
S1196541E |
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Address: |
519 SERANGOON NORTH AVENUE 4 #02-294 Singapore
550519 |
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Nationality: |
Singapore Citizen |
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Detailed
Information of Management:
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1 |
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Name: |
GOH QUEE SENG |
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Position: |
Director |
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ID Number: |
S |
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Address: |
23 JALAN CHENGKEK Singapore 369242 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
LIM GUAN THONG |
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Position: |
Secretary |
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ID Number: |
S0365034J |
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Address: |
809 French Road #05-168 Kitchener Complex
Singapore 200809 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
GOH KWEE HAY |
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Position: |
Director |
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ID Number: |
S1196541E |
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Address: |
519 Serangoon North Avenue 4 #02-294 Singapore
550519 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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4 |
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Name: |
WONG YOKE HAR |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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5 |
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Name: |
ANG QI-WEI |
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Position: |
Secretary |
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ID Number: |
S7316114B |
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Address: |
219 BISHAN STREET 23 #02-291 Singapore 570219 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Offices
& Factories
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Office |
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Address: |
Production
Information
l
Subject is a manufacturer of industrial chillers
and all HVAC & R equipments and the related products with the production
activities
Purchase
l
The components and raw material for production are
purchased from both local and abroad.
Sales
Information
l
Subject is mainly engaged in manufacturing and
trading of industrial chillers and all HVAC & R equipments and the related
products
l
Subject introduced that its major products include
chillers, air-handling equipment, gasket type plate heat exchanger, brazed type
plate heat exchanger and marine air-conditioning equipment and so on.
l
Subject introduced that it is also the agent and distributor of
Taibong Gasket Type Plate Heat Exchanger and Kaori Brazed Plate Heat
Exchangers; Marine Water-Cooled Condensers and also distributors of various
Refrigeration Components, etc.
l
Subject introduced that it has obtained the quality
certification ISO 9001: 2000.
l
Subject’s selling territory covers all over the
world.
Subject declined
to disclose the settlements information, and from other sources, we couldn’t
obtain the information, either.
In Singapore, Limited Exempt Private
Companies are not obligated to submit their financial statements to the local
registry. The subject also declined to disclose such information due to the
confidentiality reason.
The financial information is not available from the subject or other
sources.
Open
Account Bank
The bankers’
information is not available from the subject or other sources.
|
Name: |
TKNP
INTERNATIONAL |
Note:
The staff declined to disclose his name.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.56.29 |
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UK Pound |
1 |
Rs.88.26 |
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Euro |
1 |
Rs.70.82 |
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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.