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Report Date : |
07.09.2012 |
IDENTIFICATION DETAILS
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Name : |
ARON GLOBAL PTE. LTD. |
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Registered Office : |
371 Beach Road, #02-01, Keypoint Singapore 199597 |
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Country : |
Singapore |
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Date of Incorporation : |
30.07.2008 |
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Com. Reg. No.: |
200814989C |
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Legal Form : |
Limited Exempt 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 : |
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 : |
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) |
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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: |
Aron Global Pte.
Ltd. |
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Supplied Name: |
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Supplied
Address: |
Note: We didn’t contact
subject and we will update the report as soon as possible.
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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:: |
2008-7-30 |
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Registered
Number: |
200814989C |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 1,000,000.00
(USD 802,900) (As of 2012.09,
1 SGD = 0.8029 USD) |
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Paid-up Capital: |
SGD 1,000,000.00
(USD 802,900) = 1,000,000 Shares@1 SGD |
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Legal Form: |
Limited Exempt Private
Company |
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Principal
Activities: |
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: |
2012-1-25 |
Note: We didn’t contact
subject, the staff number is not available from public files and we will update
the report as soon as possible.
Subject was incorporated on 2008-7-30 with registered number 200814989C as Limited
Exempt Private Company in Singapore.
|
Date |
Change |
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2012-5-23 |
Aron Global Pte. Ltd. |
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2008-7-30 |
Renewable Woods Pte. Ltd. |
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Subscription Amount |
Proportion of Investment (%) |
|
|
Rahul Ahuja |
800,000 |
80% |
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Reena Ahuja |
200,000 |
20% |
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Total |
1,000,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Rahul Ahuja |
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ID Number: |
S7066750I |
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Address: |
125 Meyer Road
#02-03 Makena, The Singapore 437936 |
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Nationality: |
Singapore P.R. |
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2 |
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Name: |
Reena Ahuja |
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ID Number: |
S7266634H |
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Address: |
125 Meyer Road
#02-03 Makena, The Singapore 437936 |
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Nationality: |
Singapore P.R. |
Detailed
Information of Management:
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1 |
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Name: |
Rahul Ahuja |
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Position: |
Director |
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ID Number: |
S7066750I |
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Address: |
125 Meyer Road,
#02-03, Makena, The Singapore 437936 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
2008-7-30 |
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2 |
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Name: |
Reena Ahuja |
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Position: |
Director |
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ID Number: |
S7266634H |
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Address: |
125 Meyer Road,
#02-03, Makena, The Singapore 437936 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
2008-10-20 |
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3 |
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Name: |
Chan Kwang Cheng |
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Position: |
Secretary |
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ID Number: |
S0011395F |
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Address: |
28 Mar Thoma Road,
#10-01, Singapore 328708 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-10-4 |
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4 |
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Name: |
Khaw Yio Lok |
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Position: |
Secretary |
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ID Number: |
S1311899Z |
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Address: |
1E Cantonment Road,
#39-57, Pinnacle @ Duxton, The Singapore 085501 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-10-4 |
Offices
& Factories
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|
Office |
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Registered
Address: |
Operation
Information
Registration files
show subject’s principal activities as follows, but the information is not
confirmed by subject.
46900--General
wholesale trade (including general importers and exporters)
We didn’t contact
subject, we will update the report as soon as possible.
We didn’t contact
subject, the settlements information is not available from public files and we
will update the report as soon as possible.
In Singapore, Limited Exempt Private Companies are not obligated to submit
their financial statements to the local registry. We did not find the
financials of subject from the local registry.
Open
Account Bank
Bank Charge
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Charge Number: |
C201004729 |
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Date of
Registration: |
2010-6-8 |
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Name: |
Malayan Banking
Berhad |
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Amount Secured: |
All Monies |
|
Name: |
K.C.Chan &
Co Pac |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.97 |
|
|
1 |
Rs.89.02 |
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Euro |
1 |
Rs.70.61 |
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.