MIRA INFORM REPORT

 

 

Report Date :

14.09.2012

 

IDENTIFICATION DETAILS

 

Name :

SINGAPORE TELECOMMUNICATIONS LIMITED

 

 

Formerly Known As :

SINGAPORE TELECOMMUNICATIONS PRIVATE LIMITED

 

 

 

Registered Office :

31 Exeter Road Comcentre Singapore 239732

 

 

Country :

Singapore

 

 

Financials (as on) :

31.03.2012

 

 

Date of Incorporation :

28.03.1992

 

 

Com. Reg. No.:

199201624D

 

 

Legal Form :

Public Company Limited By Shares

 

 

Line of Business :

Other Telecommunications Activities (Eg Provision of Voip (Voice Over Internet Protocol Services))

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

Payment Behaviour :

No Complaints

Litigation :

Exist

 

 

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

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

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

           

Company Name:

Registered Number:

SINGAPORE TELECOMMUNICATIONS LIMITED

199201624D

 

Date Incorporated:

Registered Office:

Telephone Number:

28/03/1992

31 EXETER ROAD COMCENTRE SINGAPORE 239732

6838 3388

Age of Company:

Website:

Industry Type:

20

www.singtel.com

INFORMATION & COMMUNICATIONS

 

 

Risk Dashboard

Days Beyond Terms

Trend:

No. of Litigation Counts:

Company DTC:

42

32

Payment pattern as per previous month

No. of Charges(s):
0

Industry DTC

 

38

 

Directors

 

Corporate Structure

Number of Current Directors

10

Holding Company:

NA

Number that are shareholders

NA

No. of Subsidiaries & Associated Companies:

32

EXECUTIVE SUMMARY

 

Company Name

:

SINGAPORE TELECOMMUNICATIONS LIMITED

Registration No

:

199201624D

Date of Registration

:

28/03/1992

Former Name

:

SINGAPORE TELECOMMUNICATIONS PRIVATE LIMITED Eff. date : 28/03/1992 Eff. date : 28/03/1992

Date of Change of Name

:

01/10/1993

Type of Company

:

PUBLIC COMPANY LIMITED BY SHARES

Registered Address

:

31 EXETER ROAD COMCENTRE SINGAPORE 239732

Date of Change of Address

:

NA

Contact No.

:

6838 3388

Fax No.

:

6732 8428

Website

:

www.singtel.com

Registered Activities

:

OTHER TELECOMMUNICATIONS ACTIVITIES NEC (EG PROVISION OF VOIP (VOICE OVER INTERNET PROTOCOL SERVICES))

Issued Ordinary Capital*

:

$2,633,962,807.88 SINGAPORE, DOLLARS ,NO. OF SHARE : 15,943,576,949

Issued Preference Capital

:

NA

Paid-Up Ordinary Capital

:

$2,633,962,807.88 SINGAPORE, DOLLARS

Paid-Up Preference Capital

:

NA

* Number of Shares includes number of Issued Treasury Shares

Issued Treasury Capital

:

NA

Paid-Up Treasury Capital

:

NA

No. of Local Subsidiaries

:

26

No. of Local Associates

:

6

Auditor

:

DELOITTE & TOUCHE LLP

Bankers / Financiers

:

NA

Turnover

:

SGD - SIN 18,825,300,000.00 (FY2012)

Net Worth

:

SGD - SIN 23,447,900,000.00 (FY2012)

No. of Bank Charges

:

NA

No. of Litigation Suits

:

42

S1000 / SME 1000 / FG50 Ranking

:

3 POSITION IN Singapore 1000 Companies Ranked by Net Profit (2010/2011)

3 POSITION IN Singapore 500 Public Listed Companies Ranked By Sales/Turnover (2010/2011)

18 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2010/2011)

13 POSITION IN Singapore 1000 Companies Ranked by Sales/Turnover (2009/2010)

1 POSITION IN Singapore 1000 Companies Ranked by Net Profit (2009/2010)

Compounded Annual Growth Rate (CAGR)

:

6.12% (4 years)

 

 

SHAREHOLDER DETAILS

 

As Subject is registered as a public company limited by shares, its shareholder details are not available. Please refer to documentary for information.

 

 

OFFICER DETAILS

 

NAME

:

DOMINIC CHIU FAI HO

ADDRESS

:

28B BLOCK 4 PACIFIC VIEW 38 TAI TAM ROAD HONG KONG

POSITION

:

DIRECTOR

DATE OF APPT

:

28/11/2007

NATIONALITY

:

AMERICAN

I/C PASSPORT

:

422083473

 

NAME

:

PETER EDWARD MASON

ADDRESS

:

18/22 WYLDE STREET, POTTS POINTS, NSW 2011, AUSTRALIA

POSITION

:

DIRECTOR

DATE OF APPT

:

21/09/2010

NATIONALITY

:

AUSTRALIAN

I/C PASSPORT

:

E1023225

 

NAME

:

HO AI LIAN

ADDRESS

:

25 CORNWALL GARDENS SINGAPORE 269650

POSITION

:

DIRECTOR

DATE OF APPT

:

07/08/2008

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S0108404F

 

NAME

:

CHUA SOCK KOONG

ADDRESS

:

15A OEI TIONG HAM PARK SINGAPORE 268302

POSITION

:

DIRECTOR

DATE OF APPT

:

12/10/2006

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1240930C

 

NAME

:

LOW CHECK KIAN

ADDRESS

:

8 CLUNY PARK SINGAPORE 259618

POSITION

:

DIRECTOR

DATE OF APPT

:

09/05/2011

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1346701C

 

NAME

:

ONG BOON KWEE PETER

ADDRESS

:

100 HIGH STREET #10-01 THE TREASURY SINGAPORE 179434

POSITION

:

DIRECTOR

DATE OF APPT

:

01/09/2010

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1462421Z

 

NAME

:

ONG PENG TSIN

ADDRESS

:

27 FORD AVENUE SINGAPORE 268707

POSITION

:

DIRECTOR

DATE OF APPT

:

01/06/2009

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1600592D

 

 

NAME

:

CHAN SU SHAN

ADDRESS

:

166 EMERALD HILL ROAD SINGAPORE 229428

POSITION

:

SECRETARY

 

DATE OF APPT

:

01/08/1995

 

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1653598B

 

NAME

:

LIM LI CHING

ADDRESS

:

17 EVELYN ROAD #22-05 RESIDENCES @ EVELYN SINGAPORE 309306

POSITION

:

SECRETARY

 

DATE OF APPT

:

11/07/2003

 

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1752059H

 

NAME

:

CHIN YOKE CHOONG

ADDRESS

:

7 MAPLE LANE EDEN PARK SINGAPORE 277551

POSITION

:

DIRECTOR

DATE OF APPT

:

01/05/2012

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S2554339D

 

NAME

:

SIMON CLAUDE ISRAEL

ADDRESS

:

68 ANDREW ROAD CALDECOTT HILL ESTATE SINGAPORE 299974

POSITION

:

DIRECTOR

DATE OF APPT

:

04/07/2003

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S2677660J

 

NAME

:

KAIKHUSHRU SHIAVAX NARGOLWALA

ADDRESS

:

11 WHITE HOUSE PARK GLENCAIRD RESIDENCES, THE SINGAPORE 257630

POSITION

:

DIRECTOR

DATE OF APPT

:

29/09/2006

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S2738016F

 

 

KEY PERSONNEL PROFILE

 

Name:

SIMON CLAUDE ISRAEL

NRIC Number:

S2677660J

Available Address:

68 ANDREW ROAD CALDECOTT HILL ESTATE  SINGAPORE 299974

 

 

Current Business Interest

 

No.

Name

Position

Appt Date

#of Share

%

1

ASIA PACIFIC BREWERIES (SINGAPORE) PTE LTD

DIRECTOR

14/12/2007

-

-

2

ASIA PACIFIC BREWERIES LIMITED

DIRECTOR

26/11/2007

-

-

3

CAPITALAND LIMITED

DIRECTOR

01/07/2010

-

-

4

SINGAPORE TELECOMMUNICATIONS LIMITED

DIRECTOR

04/07/2003

-

-

 

 

Previous Business

 

No.

Name

 

 

Status

Position

Appt Date

Last Known Inactive Date

1

CALVON PTE LTD

LIVE COMPANY

DIRECTOR

10/01/2000

05/09/2005

2

DANONE ASIA HOLDINGS PTE. LTD.

LIVE COMPANY

DIRECTOR

10/06/2003

05/09/2005

3

DANONE ASIA PTE LTD

LIVE COMPANY

DIRECTOR

04/09/1996

31/01/2006

4

DANONE DAIRY INVESTMENTS INDONESIA PTE. LTD.

LIVE COMPANY

DIRECTOR

20/11/2002

05/09/2005

5

DANONE SINGAPORE HOLDINGS PTE. LTD.

LIVE COMPANY

DIRECTOR

13/04/2004

05/09/2005

6

FESTINE PTE LTD

STRUCK OFF

DIRECTOR

07/09/1999

05/09/2005

7

FRASER AND NEAVE LIMITED.

LIVE COMPANY

DIRECTOR

11/01/2007

31/03/2010

8

FULLERTON FINANCIAL HOLDINGS PTE. LTD.

LIVE COMPANY

DIRECTOR

12/10/2006

17/08/2007

9

JINJA INVESTMENTS PTE LTD

STRUCK OFF

DIRECTOR

10/09/1996

05/09/2005

10

KRAFT FOODS SINGAPORE PTE. LTD.

LIVE COMPANY

DIRECTOR

19/10/2000

31/07/2003

11

MYEN PTE. LTD.

LIVE COMPANY

DIRECTOR

05/09/2003

05/09/2005

12

NEPTUNE ORIENT LINES LIMITED

LIVE COMPANY

DIRECTOR

26/12/2006

13/04/2011

13

NOVALC PTE LTD

STRUCK OFF

DIRECTOR

06/10/2000

05/09/2005

 

14

SARA LEE SINGAPORE PTE LTD

LIVE COMPANY

DIRECTOR

17/11/1992

08/12/1995

15

SARA LEE/DE ASIA, INC.

CEASED REGISTRATION

AGENT

13/09/1993

06/02/1997

16

SINGTEL INNOV8 HOLDINGS PTE. LTD.

LIVE COMPANY

DIRECTOR

16/05/2011

02/04/2012

17

SINGTEL INNOV8 PTE. LTD.

LIVE COMPANY

DIRECTOR

11/10/2010

02/04/2012

18

TEMASEK HOLDINGS (PRIVATE) LIMITED

LIVE COMPANY

DIRECTOR

01/08/2005

30/06/2011

19

YEO HIAP SENG LTD

LIVE COMPANY

DIRECTOR

12/06/1998

18/12/2001

 

 

Bankruptcy Record

 

Case No.

Year

Date of Filing

Petitioner Name

Amount

No Trace

 

 

 

 

 

Note: Please purchase case details to know the latest status.

 

 

Litigation Search – Writ of Summons

 

Court

Case No.

Transfer

Year

Date of Filing

Amount

Cause Category

No Trace

 

 

 

 

 

 

 

 

SUBSIDIARIES AND ASSOCIATE COMPANIES

 

Company

Shareholdings (%)

 

SINGTEL INTERACTIVE PTE. LTD.

100

NCS PTE. LTD.

100

SINGAPORE TELECOM INTERNATIONAL PTE LTD

100

TELECOM EQUIPMENT PTE LTD

100

INFOCOM HOLDING COMPANY PTE LTD

100

SINGTEL INVESTMENTS PRIVATE LIMITED

100

SINGASAT PTE LTD

100

SINGAPORE TELECOM MOBILE PTE LTD

100

SINGAPORE TELECOM PAGING PTE LTD

100

SINGTEL IDEA FACTORY PTE. LTD.

100

ICT SERVICES PTE. LTD.

100

SINGTEL EINVESTMENTS PTE LTD

100

SINGTELSAT PTE LTD

100

SINGTEL ASIAN INVESTMENTS PTE LTD

100

SINGNET PTE LTD

100

SINGTEL AUSTRALIA HOLDING PTE LTD

100

INTEGRATED DIGITAL MALL PTE. LTD.

100

SINGTEL VENTURES (SINGAPORE) PTE LTD

100

SINGTEL HELLO! PTE. LTD.

100

SINGTEL GROUP TREASURY PTE. LTD.

100

SUBSEA NETWORK SERVICES PTE LTD

100

SINGTEL SINGAPORE PTE. LTD.

100

SINGTEL INNOV8 HOLDINGS PTE. LTD.

100

SINGTEL DIGITAL L!FE PTE. LTD.

100

SINGTEL ICT PTE. LTD.

100

SEMBAWANG CABLE DEPOT PTE LTD

60

GRID COMMUNICATIONS PTE. LTD.

50

RADIANCE COMMUNICATIONS PTE LTD

50

INDIAN OCEAN CABLESHIP PTE. LTD.

50

INTERNATIONAL CABLESHIP PTE LTD

40

ABACUS TRAVEL SYSTEMS PTE LTD

30

ACPL MARINE PTE LTD

30

 

                                                                                                                       

BANKERS/ FINANCIERS

 

Subject enjoys a normal banking routine with its bankers. To date, there are no bank charges registered against Subject by its bankers.

 

             

LITIGATION

 

To date, there have been 42  litigation suits filed against Subject.

 

 

Current Year

On/After 01 Jan 2012

Past Years

Bef 01 Jan 2012

 

Court (Claim under normal circumstances)

Magistrate (< $80,000)

3

23

District ($80,000 - $250,000)

1

4

High (>$250,000)

0

11

 

Winding Up Trace

 

No

In litigation/Dissolved/Struck Off/In receivership

No

 

The details are as follows:

 

1)

Court

:

Supreme Court

 

Case No.

:

1040

 

Transfer

:

-

 

Date of Filing

:

08/12/2000

 

Amount

:

0.00

 

Cause

:

NEGLIGENCE-INDUSTRIAL(INJURIES)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

YEONG SAM CHAI

 

2)

Court

:

Supreme Court

 

Case No.

:

934

 

Transfer

:

-

 

Date of Filing

:

26/07/2001

 

Amount

:

388,000,000.00

 

Cause

:

CONTRACTS-GENERAL

 

Case Status

:

CONCLUDED

 

Plaintiff

:

INFO-COMMUNICATIONS DEVELOPMENT AUTHORITY OF SINGA

 

3)

Court

:

Magistrate Court

 

Case No.

:

32147

 

Transfer

:

-

 

Date of Filing

:

23/10/2001

 

Amount

:

2,379.70

 

Cause

:

NEGLIGENCE-MOTOR ACCIDENTS(NOT INJURIES/DEATH)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

DIONG KOK LEONG

 

4)

Court

:

Magistrate Court

 

Case No.

:

33310

 

Transfer

:

-

 

Date of Filing

:

31/10/2001

 

Amount

:

0.00

 

Cause

:

NEGLIGENCE-MOTOR ACCIDENTS(NOT INJURIES/DEATH)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

CITYCAB PTE LTD

 

5)

Court

:

Magistrate Court

 

Case No.

:

37440

 

Transfer

:

-

 

Date of Filing

:

03/12/2001

 

Amount

:

0.00

 

Cause

:

NEGLIGENCE-MOTOR ACCIDENTS(NOT INJURIES/DEATH)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

ONG YEN HER

 

6)

Court

:

Supreme Court

 

Case No.

:

1521

 

Transfer

:

-

 

Date of Filing

:

20/12/2002

 

Amount

:

1,000,000.00

 

Cause

:

Negligence - Industrial (Injuries)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

YEONG SAM CHAI

 

 

7)

Court

:

Magistrate Court

 

Case No.

:

38432

 

Transfer

:

-

 

Date of Filing

:

10/11/2003

 

Amount

:

0.00

 

Cause

:

Negligence - Motor Accidents (Injuries)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

CHUA AH TER

 

8)

Court

:

Magistrate Court

 

Case No.

:

5020

 

Transfer

:

-

 

Date of Filing

:

27/02/2004

 

Amount

:

1,280.00

 

Cause

:

Negligence - Motor Accidents (Not Injuries / Death)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

TEO CHENG LOK

 

9)

Court

:

Supreme Court

 

Case No.

:

499

 

Transfer

:

-

 

Date of Filing

:

07/08/2006

 

Amount

:

SGD 3,028,747.10

SGD 52,531.60

 

Cause

:

Building and Construction Law

 

Case Status

:

CONCLUDED

 

Plaintiff

:

GREATEARTH CONSTRUCTION PTE LTD

 

10)

Court

:

Supreme Court

 

Case No.

:

525

 

Transfer

:

-

 

Date of Filing

:

16/08/2006

 

Amount

:

2,130,926.08

 

Cause

:

Building and Construction Law

 

Case Status

:

CONCLUDED

 

Plaintiff

:

SIN LIAN HENG CONSTRUCTION PTE LTD

 

 

11)

Court

:

Magistrate Court

 

Case No.

:

12949

 

Transfer

:

-

 

Date of Filing

:

29/05/2006

 

Amount

:

3,302.06

 

Cause

:

Tort - Negligence (Professional Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

COMFORT TRANSPORTATION PTE LTD

LOW JIING DUAN

 

12)

Court

:

Supreme Court

 

Case No.

:

519

 

Transfer

:

-

 

Date of Filing

:

16/08/2007

 

Amount

:

0.00

 

Cause

:

NA

 

Case Status

:

NA

 

Plaintiff

:

MITAC INTERNATIONAL CORPORATION

 

13)

Court

:

Supreme Court

 

Case No.

:

552

 

Transfer

:

-

 

Date of Filing

:

29/08/2007

 

Amount

:

280,000.00

 

Cause

:

Contract - Others

 

Case Status

:

CONCLUDED

 

Plaintiff

:

MIDAS PROMOTIONS PTE LTD

 

14)

Court

:

Magistrate Court

 

Case No.

:

17585

 

Transfer

:

-

 

Date of Filing

:

02/08/2007

 

Amount

:

2,205.00

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

DEEP-FREEZE REFRIGERATION

 

 

15)

Court

:

Magistrate Court

 

Case No.

:

19584

 

Transfer

:

-

 

Date of Filing

:

29/08/2007

 

Amount

:

2,455.35

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

NG THIAM AIK

 

16)

Court

:

Magistrate Court

 

Case No.

:

23884

 

Transfer

:

-

 

Date of Filing

:

25/10/2007

 

Amount

:

4,300.00

 

Cause

:

Tort - Negligence (Professional Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

KASIRAN BIN HUSSEIN

 

17)

Court

:

Magistrate Court

 

Case No.

:

24114

 

Transfer

:

-

 

Date of Filing

:

29/10/2007

 

Amount

:

134.35

 

Cause

:

Tort - Negligence (Motor Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

SEE LYE HENG

 

18)

Court

:

Supreme Court

 

Case No.

:

680

 

Transfer

:

-

 

Date of Filing

:

23/09/2008

 

Amount

:

2,944,514.65

 

Cause

:

Contract - Sale of Goods & Services

 

Case Status

:

CONCLUDED

 

Plaintiff

:

DENTSU, YOUNG & RUBICAM PTE LTD

 

 

19)

Court

:

Magistrate Court

 

Case No.

:

25937

 

Transfer

:

-

 

Date of Filing

:

07/10/2008

 

Amount

:

6,900.00

 

Cause

:

Tort - Negligence (Professional  Accidents Without Death/ Injury)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

YP LIM PRECISION ENGINEERING

 

20)

Court

:

District Court

 

Case No.

:

4388

 

Transfer

:

-

 

Date of Filing

:

17/12/2009

 

Amount

:

119,171.61

 

Cause

:

Tort - Negligence (Motor Accidents With Death)

 

Case Status

:

PENDING

 

Plaintiff

:

SOMPO JAPAN INSURANCE (SINGAPORE) PTE LTD

 

21)

Court

:

Magistrate Court

 

Case No.

:

4494

 

Transfer

:

-

 

Date of Filing

:

22/02/2010

 

Amount

:

SGD 3,852.00

SGD 1,200.00

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

LIM CHING SOON

 

22)

Court

:

Magistrate Court

 

Case No.

:

10641

 

Transfer

:

-

 

Date of Filing

:

27/04/2010

 

Amount

:

5,058.98

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

PEH WAH SIN

 

 

23)

Court

:

Magistrate Court

 

Case No.

:

11107

 

Transfer

:

-

 

Date of Filing

:

30/04/2010

 

Amount

:

436.30

 

Cause

:

Tort - Negligence (Motor Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

MAZLAN BIN MOHD NOOR

 

24)

Court

:

Magistrate Court

 

Case No.

:

23980

 

Transfer

:

-

 

Date of Filing

:

09/09/2010

 

Amount

:

50,000.00

 

Cause

:

Others / Miscellaneous

 

Case Status

:

CONCLUDED

 

Plaintiff

:

THE MANAGEMENT CORPORATION STRATA TITLE PLAN NO. 493

 

25)

Court

:

Magistrate Court

 

Case No.

:

24164

 

Transfer

:

-

 

Date of Filing

:

14/09/2010

 

Amount

:

SGD 16,200.00

SGD 2,400.00

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

PARIMAL TRADING AND CONSTRUCTION PTE LTD

 

26)

Court

:

District Court

 

Case No.

:

2416

 

Transfer

:

-

 

Date of Filing

:

08/08/2011

 

Amount

:

73,517.01

 

Cause

:

Tort - Negligence (Motor Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

ANG GUAT SING

 

 

27)

Court

:

Magistrate Court

 

Case No.

:

3145

 

Transfer

:

-

 

Date of Filing

:

07/02/2011

 

Amount

:

6,900.00

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

LAI JONG SING (LI YONGSHEN)

 

28)

Court

:

Magistrate Court

 

Case No.

:

3266

 

Transfer

:

-

 

Date of Filing

:

08/02/2011

 

Amount

:

2,198.00

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

TEOH SIEW LENG (ZHANG XIULING)

 

29)

Court

:

Magistrate Court

 

Case No.

:

11094

 

Transfer

:

-

 

Date of Filing

:

29/04/2011

 

Amount

:

1,860.70

 

Cause

:

Tort - Negligence (Motor Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

ONG KEONG ENG

 

30)

Court

:

Magistrate Court

 

Case No.

:

25219

 

Transfer

:

-

 

Date of Filing

:

17/10/2011

 

Amount

:

37,400.00

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

TOKIO MARINE INSURANCE SINGAPORE LTD

CHUGOKU MARINE PAINTS (SINGAPORE) PTE LTD

 

 

31)

Court

:

Magistrate Court

 

Case No.

:

28307

 

Transfer

:

-

 

Date of Filing

:

22/11/2011

 

Amount

:

1,875.75

 

Cause

:

Tort - Negligence (Motor Accidents Without Death/ Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

YANG SHUAI

 

32)

Court

:

District Court

 

Case No.

:

557

 

Transfer

:

-

 

Date of Filing

:

25/02/2012

 

Amount

:

4,116.24

 

Cause

:

Tort - Negligence (Motor Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

TEO YEAN TENG

 

33)

Court

:

Magistrate Court

 

Case No.

:

10152

 

Transfer

:

-

 

Date of Filing

:

17/04/2012

 

Amount

:

13,000.00

 

Cause

:

Tort - Negligence (Industrial Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

YUSMAN BIN MISRON

 

34)

Court

:

Magistrate Court

 

Case No.

:

10645

 

Transfer

:

-

 

Date of Filing

:

20/04/2012

 

Amount

:

1,303.90

 

Cause

:

Tort - Negligence (Motor Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

FOO CHEK BOON DANIEL

 

 

35)

Court

:

Magistrate Court

 

Case No.

:

21824

 

Transfer

:

-

 

Date of Filing

:

15/08/2012

 

Amount

:

139.50

 

Cause

:

Tort - Negligence (Motor Accidents With Injury)

 

Case Status

:

PENDING

 

Plaintiff

:

CHEN XUAN HUANG MARCUS

 

36)

Court

:

Supreme Court

 

Case No.

:

2103

 

Transfer

:

-

 

Date of Filing

:

28/10/1993

 

Amount

:

0.00

 

Cause

:

IP-COPYRIGHT

 

Case Status

:

CONCLUDED

 

Plaintiff

:

OFFICIAL ASSIGNEE OF THE ESTATE OF CHUA PUAY KIANG

 

37)

Court

:

District Court

 

Case No.

:

1394

 

Transfer

:

-

 

Date of Filing

:

04/04/1997

 

Amount

:

0.00

 

Cause

:

Negligence - Motor Accidents (Injuries)

 

Case Status

:

DEEMED DISCONTINUED

 

Plaintiff

:

JOSEPH TF BERNARD

 

38)

Court

:

Supreme Court

 

Case No.

:

2267

 

Transfer

:

-

 

Date of Filing

:

11/12/1998

 

Amount

:

0.00

 

Cause

:

LANDLORD/TENANT(RENT CONTROLLED)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

YEOW KWAN CONSTRUCTION PTE LTD

 

 

39)

Court

:

Magistrate Court

 

Case No.

:

4830

 

Transfer

:

-

 

Date of Filing

:

06/03/1998

 

Amount

:

0.00

 

Cause

:

NEGLIGENCE-MOTOR ACCIDENTS(NOT INJURIES/DEATH)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

NA

 

40)

Court

:

Magistrate Court

 

Case No.

:

16640

 

Transfer

:

-

 

Date of Filing

:

07/07/1998

 

Amount

:

0.00

 

Cause

:

NEGLIGENCE-MOTOR ACCIDENTS(NOT INJURIES/DEATH)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

EE CHOON HUAT

 

41)

Court

:

District Court

 

Case No.

:

2305

 

Transfer

:

-

 

Date of Filing

:

04/05/1999

 

Amount

:

0.00

 

Cause

:

NEGLIGENCE-INDUSTRIAL(INJURIES)

 

Case Status

:

CONCLUDED

 

Plaintiff

:

SYED ABDUL MUNEEF B SYED MOHD

 

42)

Court

:

Supreme Court

 

Case No.

:

1454

 

Transfer

:

-

 

Date of Filing

:

07/10/1999

 

Amount

:

0.00

 

Cause

:

MISCELLANEOUS

 

Case Status

:

CONCLUDED

 

Plaintiff

:

JAPURA DEVELOPMENT PTE LTD

 

 

COMPLIANCE RECORDS

 

Date of Last AGM

:

27/07/2012

Date of Last AR

:

02/08/2012

Date of A/C Laid At Last AGM

:

31/03/2012
 

COMPLIANCE RATING FOR ANNUAL FILING

 

ANNUAL GENERAL MEETING,ANNUAL RETURN AND ACCOUNTS UP-TO-DATE

 

Note:

 

Provided by ACRA (Accounting and Corporate Regulatory Authority), the Compliance Rating for Annual Filing measures a company’s compliance with the provisions under S175, S197 or S201 of the Companies Act, Cap. 50.

 

Applicable to all “Live” locally incorporated companies except for the Limited Partnerships, Limited Liability Partnerships, Business Entities, Foreign Companies and Public Accounting Firms, the rating provide information on whether a company is up-to-date with the holding of its Annual General Meeting (AGM) with up-to-date financial statements and filing of its Annual Return (AR).

 

For more information: www.acra.gov.sg/compliance

 

 

FINANCIAL HIGHLIGHTS

 

Financial Figures

Group

 

MAR 2012

% Change

MAR 2011

MAR 2010

MAR 2009

MAR 2008

Currency

SGD - SIN

 

SGD - SIN

SGD - SIN

SGD - SIN

SGD - SIN

Profit and Loss Key Figures

 

 

 

 

 

 

Turnover

18,825,300,000

4.18

18,070,600,000

16,870,900,000

14,934,400,000

14,844,400,000

Profit/(Loss) Before Tax

4,314,400,000

-2.97

4,446,400,000

4,501,100,000

3,946,700,000

4,483,000,000

Profit After Tax attributable to Shareholders

3,989,500,000

4.36

3,822,700,000

3,906,500,000

3,449,200,000

3,960,700,000

 

 

 

 

 

 

 

Balance Sheet Key Figures

 

 

 

 

 

 

Total Assets

40,417,600,000

2.89

39,282,300,000

37,951,500,000

33,254,700,000

34,714,300,000

Current Assets

5,818,500,000

-11.24

6,555,200,000

5,144,300,000

3,793,600,000

4,050,000,000

Non Current Assets

34,599,100,000

5.72

32,727,100,000

32,807,200,000

29,461,100,000

30,664,300,000

 

 

 

 

 

 

 

Total Liabilities

16,969,700,000

13.65

14,932,000,000

14,435,500,000

12,754,400,000

13,712,000,000

Current Liabilities

5,535,400,000

-35.19

8,540,800,000

6,834,800,000

5,102,500,000

5,755,700,000

Non Current Liabilities

11,434,300,000

78.91

6,391,200,000

7,600,700,000

7,651,900,000

7,956,300,000

 

 

 

 

 

 

 

Shareholders' Funds

23,447,900,000

-3.71

24,350,300,000

23,516,000,000

20,500,300,000

21,002,300,000

Share Capital

2,632,200,000

0.36

2,622,800,000

2,616,300,000

2,605,600,000

2,593,700,000

Total Reserves

20,815,700,000

-4.20

21,727,500,000

20,899,700,000

17,894,700,000

18,408,600,000

 

 

 

 

 

 

 

 

 

 

 

FINANCIAL RATIOS

 

 

Group

 

MAR 2012

MAR 2011

MAR 2010

MAR 2009

MAR 2008

Growth %

 

 

 

 

 

Year-on-Year Growth

4.18

7.11

12.97

0.61

NA

 

 

 

 

 

 

Profitability

 

 

 

 

 

Profit Margin (%)

21.19

21.15

23.16

23.10

26.68

Return on Equity (%)

17.01

15.70

16.61

16.83

18.86

Return on Assets (%)

9.87

9.73

10.29

10.37

11.41

 

 

 

 

 

 

Leverage

 

 

 

 

 

Total Debt/Equity (Times)

0.72

0.61

0.61

0.62

0.65

Current Debt/Equity (Times)

0.24

0.35

0.29

0.25

0.27

Long Term Debt To Equity (Times)

0.49

0.26

0.32

0.37

0.38

Total Asset To Total Equity (Times)

1.72

1.61

1.61

1.62

1.65

 

 

 

 

 

 

Asset Management

 

 

 

 

 

Total Assets Turnover (Times)

0.47

0.46

0.44

0.45

0.43

Fixed Assets Turnover (Times)

0.54

0.55

0.51

0.51

0.48

 

 

 

 

 

 

Liquidity

 

 

 

 

 

Current Ratio (Times)

1.05

0.77

0.75

0.74

0.70

 

 

 

 

 

 

 

FINANCIAL COMMENTARY

 

Compound Annual Growth Rate

 

The company's CAGR is 6.12% (4 years).

 

CAGR is the year-over-year growth rate of a company over a specified period. Instead of looking at the average growth rate, CAGR allow users to look at the annualized growth rate of a company over a given period, a more indicative measure of growth of a company’s performance over a given period.

 

 

Profitability

The group yielded a rate of net profit on sales of 21.19 per cent in FY12. The group is now able to book in SGD - SIN 0.21 of profit for every SGD - SIN of sales.

 

 

Liquidity

 

Current ratio stood at 1.05 times in FY12. This means that the group has SGD - SIN 1.05 of current assets for every SGD - SIN of current liability incurred.

FINANCIAL COMMENTARY

 

A minimum figure of 1.0 would be considered the lowest limit that this figure should reach. Any business that has a current ratio near 1.0 may be heading for liquidity problems, and would need to be closely monitored. A figure greater than 2.0 would be more desirable, to act as a buffer against any short-term liquidity problems, and give creditors/bank managers a degree of comfort when granting credit/finance.

 

 

Leverage

Total debt-to-equity ratio notched 0.72 times in FY12. This means that the group requires additional external financing of SGD - SIN 0.72 for every SGD - SIN injected into its operations.

 

Generally, a total debt-to-equity ratio of less than 0.5 times is preferred. The ratio measures the proportion of the company's reliance on external debt for financing, relative to the shareholder's fund. A lower ratio would imply a greater financial safety and operating freedom for the company.

 

 

Efficiency Ratio

 

Return on equity was 17.01 per cent for Subject in the current financial period. The return on equity measures the return earned on the owner's investment.  Generally, the higher this return, the better off the owner.

 

Return on assets stood at 9.87 per cent. The return on asset measures the overall effectiveness of management in generating profit with its available assets.

 

 

FINANCIAL COMMENTARY

 

Total assets turnover ratio logged at 0.47 times in FY12. This ratio measures the group's ability to make productive use of its total assets to generate sales which reflects the efficiency of the management in utilising its resources.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.44

UK Pound

1

Rs.89.31

Euro

1

Rs.71.61

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.