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Report Date : |
06.09.2012 |
IDENTIFICATION DETAILS
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Name : |
KING MAKER WEB SOLUTIONS PTE. LTD. |
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Registered Office : |
10 Anson Road #21-02 International Plaza Singapore 079903 |
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Country : |
Singapore |
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Date of Incorporation : |
30.11.2011 |
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Com. Reg. No.: |
201134433R |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Retail sale via mail order houses or via internet |
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No. of Employees : |
Not Available |
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 business |
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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) |
|
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.
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Source : CIA |
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Company Name: |
King Maker Web Solutions Pte. Ltd. |
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Supplied Name: |
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Supplied Address: |
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Credit Opinion: |
According to the
supplied name and address, we couldn’t obtain the contact methods of
subject in
And if you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, we shall be pleased to have the investigation resumed.
The registration files show that subject is engaged in retailing sale via mail order houses or via internet, since we did not get in touch with subject, we can not confirm the information.
We found subject’s registration information as follows for reference.
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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: |
201134433R |
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Country of Incorporation: |
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Registered Capital: |
SGD 100,000.00 (USD 80,126.3) (As of 2012.9, 1 SGD = 0.80126 USD) |
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Paid-up Capital: |
SGD 100,000.00 (USD 80,126.3) = 100,000 Shares@1 SGD |
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Legal Form: |
Private Limited Exempt Company |
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Principal Activities: |
47910 Retail sale via mail order houses or via internet 62090 Other information
technology and computer service activities (eg disaster recovery services) |
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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: |
N/A |
Note:
The staff number is not available from the subject or other sources.
Subject was incorporated
on
|
Subscription Amount |
Proportion of Investment (%) |
|
|
PUVVADA ANAND
MOHAN RAO |
100,000 |
100% |
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Total |
100,000 |
100% |
Major Shareholder Information:
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Name: |
PUVVADA ANAND MOHAN RAO |
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ID Number: |
G3230628 |
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Address: |
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Nationality: |
Indian |
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: |
PUVVADA ANAND MOHAN RAO |
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Position: |
Director |
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ID Number: |
G3230628 |
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Address: |
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Nationality: |
Indian |
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Date of Appointment: |
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2 |
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Name: |
HU LYE CHYE |
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Position: |
Secretary |
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ID Number: |
S1529823E |
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Address: |
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Nationality: |
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Date of Appointment: |
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3 |
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Name: |
JONNADA VENKAT MALLIKARJUNA MADHU |
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Position: |
DIRECTOR |
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ID Number: |
S7260578J |
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Address: |
169 STIRLING ROAD #09-1151 |
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Nationality: |
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Date of Appointment: |
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Offices & Factories
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Office |
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Registered Address: |
Operation Information
We contacted the subject unsuccessfully.
We obtained the registered activities of the subject as follows for reference.
|
Business Code |
Details
|
|
47910 |
Retail sale via mail
order houses or via internet |
|
62090 |
Other information
technology and computer service activities (eg disaster recovery services) |
Subject has no obligations to disclose its
financial statements to the third party according to the relevant policy in
And we couldn’t contact the subject successfully; the financial information is not available from the subject.
The bankers’ 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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UK Pound |
1 |
Rs.88.63 |
|
Euro |
1 |
Rs.70.03 |
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 |
|
<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.