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Report Date : |
06.09.2012 |
IDENTIFICATION DETAILS
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Name : |
FOXBERRY PTE. LTD. |
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Registered Office : |
120 Lower Delta Road, #10-05, Cendex Centre Singapore 169208 |
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Country : |
Singapore |
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Date of Incorporation : |
06.02.2012 |
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Com. Reg. No.: |
201202732E |
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Legal Form : |
Limited Private Company |
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Line of Business : |
General wholesale trade (including general importers and exporters) |
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No. of Employees : |
Not Available |
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RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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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) |
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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 |
SINGAPORE - ECONOMIC OVERVIEW
Singapore has a highly developed
and successful free-market economy. It enjoys a remarkably open and
corruption-free environment, stable prices, and a per capita GDP higher than
that of most developed countries. The economy depends heavily on exports,
particularly in consumer electronics, information technology products,
pharmaceuticals, and on a growing financial services sector. Real GDP growth
averaged 8.6% between 2004 and 2007. The economy contracted 1.0% in 2009 as a
result of the global financial crisis, but rebounded 14.8% in 2010 and 4.9% in
2011, on the strength of renewed exports. Over the longer term, the government
hopes to establish a new growth path that focuses on raising productivity,
which has sunk to a compound annual growth rate of just 1.8% in the last decade.
Singapore has attracted major investments in pharmaceuticals and medical
technology production and will continue efforts to establish Singapore as
Southeast Asia's financial and high-tech hub.
Source
: CIA
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Company Name: |
Foxberry Pte.
Ltd. |
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Supplied Name: |
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Supplied
Address: |
120, Lower Delta
Road, #10-05 Cendex Centre, Singapore 169208 |
We tried to
contact subject through the supplied telephone number +65-6538-9558, a lady who
answered the phone introduced that her company called Raffles Corporate
Consultants Pte Ltd and confirmed the supplied address as well as subject’s
registered address 120, Lower Delta Road, #10-05 Cendex Centre, Singapore
169208 which belongs to her company’s trading address.
We can not find
any operation information or other valid contact information of subject from
public files according to supplied name and address.
Registration files
show subject’s principal activities as follows, but the information is not
confirmed by subject.
64202
Other investment
holding companies
46900
General wholesale
trade (including general importers and exporters)
Up to the deadline
of reporting, we failed to get in touch with subject. If you can supply an exact
telephone, we’d like to have the investigation resumed.
We found subject’s
registration information as follows for reference.
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Registered Name: |
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Registered
Address: |
120 Lower Delta Road, #10-05, Cendex Centre Singapore 169208 |
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Date of
Registration:: |
2012-2-6 |
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Registered
Number: |
201202732E |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 1.00 (USD
0.8013) (As of 2012.09,
1 SGD = 0.8013 USD) |
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Paid-up Capital: |
SGD 1.00 (USD
0.8013) = 1 Shares@1 SGD |
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Legal Form: |
Limited Private
Company |
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Principal
Activities: |
64202 Other investment
holding companies 46900 General
wholesale trade (including general importers and exporters) |
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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: |
-- |
We couldn’t
contact the subject successfully, and the number of staff is not available from
the subject or other sources.
Subject was incorporated on 2012-2-6 with registered number 201202732E as
Limited Private Company in Singapore.
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Subscription Amount |
Proportion of Investment (%) |
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Sakal Papers
Private Limited |
1 |
100% |
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Total |
1 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Sakal Papers
Private Limited |
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Registered
Number: |
T12UF2560E |
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Address: |
595 Budhwar Peth
Pune - 411002 Maharashtra, India |
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Place of Origin: |
India |
Parent Company:
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Name: |
Sakal Papers
Private Limited |
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Registered
Number: |
T12UF2560E |
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Address: |
595 Budhwar Peth
Pune - 411002 Maharashtra, India |
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Place of Origin: |
India |
Detailed Information
of Management:
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1 |
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Name: |
Urai Suwanarat |
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Position: |
Director |
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ID Number: |
S1621504Z |
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Address: |
235 Pasir Ris
Street 21, #06-59, Singapore 510235 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2012-2-28 |
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2 |
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Name: |
Salmiah Binte
Sarpiai |
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Position: |
Secretary |
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ID Number: |
S1794643I |
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Address: |
643 Hougang
Avenue 8, #10-279, Singapore 530643 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2012-2-28 |
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3 |
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Name: |
Abhijit Pratap
Pawar |
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Position: |
Director |
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ID Number: |
Z1576801 |
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Address: |
S No 73 Pan Card
Club Road Behind Shroff Suyash Building Baper Road, Pune-411045 India |
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Nationality: |
Indian |
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Date of
Appointment: |
2012-2-28 |
Offices
& Factories
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|
Office |
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Registered
Address: |
120 Lower Delta Road, #10-05, Cendex Centre Singapore 169208 |
Operation
Information
Registration files
show subject’s principal activities as follows, but the information is not confirmed
by subject.
64202
Other investment
holding companies
46900
General wholesale
trade (including general importers and exporters)
We couldn’t
contact the subject successfully, and the settlement information is not
available from the subject or other sources.
Subject has no
obligations to disclose its financial statements to the third party according
to the relevant policy in Singapore, subject did not submit the latest
information to the local registry, and the only source from which we can obtain
the information is the subject itself.
Since we couldn’t
contact the subject successfully, and the financial information is not
available from the subject or other sources.
We couldn’t
contact the subject successfully, and the banker information is not available
from the subject or other sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.89 |
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|
1 |
Rs.88.63 |
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Euro |
1 |
Rs.70.02 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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 |
-- |
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.