|
Report Date : |
24.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
DSM-AGI CORPORATION |
|
|
|
|
Registered Office : |
No.31, Ta Kung Rd. Tayuan new ind. Park Tayuan Hsiang Taoyuan Hsien |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
29.06.1977 |
|
|
|
|
Com. Reg. No.: |
35860547 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture and sales of chemical. |
|
|
|
|
No. of Employees : |
Above 300
Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
TAIWAN - ECONOMIC OVERVIEW
Taiwan has a dynamic capitalist economy with gradually
decreasing government guidance of investment and foreign trade. Exports, led by
electronics, machinery, and petrochemicals have provided the primary impetus
for economic development. This heavy dependence on exports exposes the economy
to fluctuations in world demand. In 2009, Taiwan's GDP contracted 1.8%, due
primarily to a 13.1% year-on-year decline in exports. In 2010 GDP grew 10.7%,
as exports returned to the level of previous years, and in 2011, grew 4.0%. In
2012, however, growth fell to 1.3%, because of softening global demand.
Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are
major long-term challenges. Free trade agreements have proliferated in East
Asia over the past several years, but except for the landmark Economic
Cooperation Framework Agreement (ECFA) signed with China in June 2010, so far
Taiwan has been excluded from this greater economic integration in part because
of its diplomatic status. Negotiations continue on such follow-on components of
ECFA regarding trade in goods and services. The MA administration has said that
the ECFA will serve as a stepping stone toward trade pacts with other key trade
partners, which Taiwan subsequently launched with Singapore and New Zealand.
Taiwan's Total Fertility rate of just over one child per woman is among the
lowest in the world, raising the prospect of future labor shortages, falling
domestic demand, and declining tax revenues. Taiwan's population is aging
quickly, with the number of people over 65 accounting for 11.2% of the island's
total population as of 2012. The island runs a large trade surplus largely
because of its surplus with China, and its foreign reserves are the world's
fifth largest, behind China, Japan, Saudi Arabia, and Russia. In 2006 China
overtook the US to become Taiwan's second-largest source of imports after
Japan. China is also the island's number one destination for foreign direct
investment. Three financial memorandums of understanding, covering banking,
securities, and insurance, took effect in mid-January 2010, opening the island
to greater investments from the mainland's financial firms and institutional
investors, and providing new opportunities for Taiwan financial firms to
operate in China. In August 2012, Taiwan Central Bank signed a memorandum of
understanding on cross-Strait currency settlement with its Chinese counterpart.
The MOU allows for the direct settlement of Chinese RMB and the New Taiwan
dollar across the Strait, which could help develop Taiwan into a local RMB hub.
Closer economic links with the mainland bring greater opportunities for the
Taiwan economy, but also poses new challenges as the island becomes more
economically dependent on China while political differences remain unresolved.
Source
: CIA
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
6F, No.88, Sec.6 Chung Shan North Road,
Taipei City 111, Taiwan R.O.C. |
|
Supplied Address: |
No 31 TA Kung Rd Tayuan New Ind Park Tayuan
Hsiang Taoyuan Hsien |
|
Telephone Number: |
|
|
Fax Number: |
|
|
E-mail: |
|
|
Website: |
Notes: It is introduced the supplied address is subject’s R&D
center/factory’s address; the Headquarters’ address is as above.
|
Credit Opinion: |
|
Registered Name: |
Dsm-Agi Corporation |
|
Registered Address: |
No.31, Ta Kung Rd. Tayuan new ind. Park Tayuan Hsiang Taoyuan Hsien
Taiwan. |
|
Date of Foundation: |
|
|
Registration Number: |
35860547 |
|
Registry: |
Department of Commerce, Ministry of Economic Affairs, R.O.C. |
|
Registered Capital: |
NTD 1,200,000,000 (USD 40,680,000) (As of 2013.08, 1 NTD = 0.0339 USD) |
|
Paid-up Capital: |
NTD 998,777,980 (USD 33,858,574) |
|
Legal Representatives: |
Xinyong Zhong |
|
Principal Activities: |
|
|
Staff: |
About 22,000 Employees (Group) |
|
Listed at Stock
Exchange: |
|
|
Date of Last
Annual Return: |
Subject was incorporated on
Subject listed on
Taiwan Over-The-Counter Securities exchange on 2013-1-4
Change of Name
|
Former English Name |
Agi Corporation |
|
Current English Name |
Dsm-Agi Corporation |
|
Former Chinese Name |
力美特殊化工股份有限公司 |
|
Current Chinese Name |
新力美科技股份有限公司 |
|
Name |
Subscription Shares |
|
Deli Puda Investment Co., Ltd. （Literal Translation） |
50,937,677 |
|
Mei Xi Investment Corp. （Literal Translation） |
1,538,995 |
|
Xinyong Zhong |
1,600,000 |
|
Chenrui Hong |
313,636 |
The information
above is that of subject’s major shareholders.
|
1 |
|
|
Name: |
Koninklijke DSM N.V. |
|
Address: |
Het Overloon 1, Heerlen, 6411te, Netherlands |
|
Tel: |
+31-45-578-8111 |
|
Legal Form: |
Public Company |
|
Listed at Stock
Exchange: |
Yes; Stock Symbol: AMS:DSM |
|
2 |
|
|
Registered Name: |
Deli Puda
Investment Co., Ltd. （Literal
Translation） |
|
Registered Address: |
3F, 6 Sec, No. 90, Zhongshan North Road, Shilin District, Taipei,
Taiwan. |
|
2000-12-7 |
|
|
Registration Number: |
53114663 |
|
Registry: |
Department of Commerce, Ministry of Economic Affairs, R.O.C. |
|
Registered Capital: |
NTD 2,306,000,000 (USD 78,173,400) (As of 2013.08, 1 NTD = 0.0339 USD) |
|
Paid-up Capital: |
NTD 2,036,500,000 (USD 69,037,350) |
|
Legal Representatives: |
Beike Fan |
|
Legal Form: |
Joint Stock Company |
|
Principal Activities: |
General investment business. |
|
Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
2013-7-4 |
Plants:
|
1 |
|
|
Name: |
Tayuan plant |
|
Address: |
31 Ta Kung Rd.,
Tayuan Hsiang Taoyuan Hsein 337, Taiwan |
|
|
99629262 |
|
Date of Foundation: |
1985-6-30 |
|
|
1985-11-21 |
|
|
Xinyong Zhong |
|
Date of Last
Annual Return: |
2003-1-22 |
|
Tel: |
+886-3-386-0110 |
|
2 |
|
|
Name: |
Changhua plant |
|
Address: |
No.18, Xiangong
S. 2nd Rd., Xianxi Township, Changhua County 507, Taiwan R.O.C. |
|
|
07000452 |
|
Date of Foundation: |
2012-3-2 |
|
|
Xinyong Zhong |
|
Date of Last
Annual Return: |
2012-3-2 |
|
Tel: |
+886-4-791-1068 |
|
3 |
|
|
Name: |
Shinhua plant |
|
Address: |
No.1, Nabalin,
Xinhua Dist., Tainan City 712, Taiwan R.O.C. |
|
|
99683739 |
|
Date of Foundation: |
1990-3-28 |
|
|
1992-11-3 |
|
|
Xinyong Zhong |
|
Date of Last
Annual Return: |
2009-6-29 |
|
Tel: |
+886-4-791-1068 |
R&D Centers:
|
1 |
|
|
Name: |
Taiwan Center |
|
Address: |
31 Ta Kung Rd.,
Tayuan Hsiang Taoyuan Hsein 337, Taiwan |
|
Tel: |
+ 886-3-386-8956 |
|
2 |
|
|
Name: |
Netherlands
Center |
|
Address: |
Ceintuurbaan 5
8022 AW Zwolle The Netherlands |
|
Tel: |
+31-38-456-9569 |
Core
Management
Directors
|
1 |
|
|
Name |
Xinyong Zhong |
|
Position |
Board Chairman |
|
2 |
|
|
Name |
Dimitri Edward
de Vreeze |
|
Position |
Director |
|
3 |
|
|
Name |
Petrus Jacobus
Hubertus Niels |
|
Position |
Director |
|
4 |
|
|
Name |
Jiang Weiming |
|
Position |
Director |
|
5 |
|
|
Name |
Chenrui Hong |
|
Position |
Director |
|
6 |
|
|
Name |
Menno Goedhart |
|
Position |
Independent
Director |
|
7 |
|
|
Name |
Rongshun He |
|
Position |
Independent
Director |
|
8 |
|
|
Name |
Mei Xi
Investment Corp. （Literal
Translation） |
|
Position |
Supervisor |
|
9 |
|
|
Name |
Eric Lodder |
|
Position |
Supervisor |
|
10 |
|
|
Name |
Weide Que |
|
Position |
Manager |
|
Date of
Appointment |
2012-7-1 |
Personnel
Structure
|
Total Employees |
Above 300
Employees About 22,000 Employees
(Group) |
Offices
& Factories
|
|
Headquarters |
|
Add |
6F, No.88, Sec.6 Chung Shan North Road, Taipei City 111, Taiwan R.O.C. |
Production
Information
l
Subject is a manufacturer of specialty chemicals,
etc
l
Subject has 3 factories in Taiwan for production.
l
Subject has obtained ISO 9001 certification
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Synthetic processing, manufacture, selling of special
resin coating pigment. |
|
2 |
Trading business of chemical industrial raw
materials. |
|
3 |
Processing, manufacture, selling of fiber glass
reinforced plastics. |
|
4 |
Processing, manufacture, selling of PC ABS. |
|
5 |
Processing, manufacture, selling of engineering
plastic. |
|
C802080 |
Manufacture of environmental health
administration. |
|
C802120 |
Manufacture of industrial additives |
|
C802030 |
Manufacture of Coating |
|
C802060 |
Manufacture of veterinary
medicine |
|
C801040 |
|
|
C702010 |
The plate making industry. |
|
CC01080 |
Manufacture of electronic components |
|
CC01090 |
Manufacture of battery |
|
CC01050 |
Manufacture of data store and processing |
|
CE01030 |
Manufacture of optical
instrument |
|
ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
l
The raw materials for production purchased both
home and abroad.
l
The
subject is mainly engaged in sales of specialty chemicals.
l
The products are applied in coatings of papers,
woods, plastics, inks and Printed circuit board market.
l
Subject’s products are both sold in domestic and
overseas market
l
Subject’s major customers
are Hewlett Packard Caribe Ltd., Coatings & Adhesives
Corp, etc.
Major products
|
Type |
Product |
|
Monomers, oligomers, and photoinitiators, etc |
|
|
Etching resist inks, UV curing marking inks, and
solder resist inks. |
|
|
-- |
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Domestic Purchase
|
Terms |
Proportion |
|
|
Raw materials,
etc |
COD, etc |
100% |
Foreign Purchase
|
Terms |
Proportion |
|
|
Raw materials,
etc |
CBD, etc |
100% |
Sales
Domestic Markets
|
Terms |
Proportion |
|
|
Specialty
Chemicals |
CBD, etc |
100% |
Export
|
Terms |
Proportion |
|
|
Specialty
Chemicals |
CBD, etc |
100% |
Unit: NTD/000
|
|
2012-12-31 |
2011-12-31 |
|
Assets |
|
|
|
Current assets |
|
|
|
Cash and cash equivalents |
467,774.00 |
244,513.00 |
|
Notes receivable - net |
88,952.00 |
122,666.00 |
|
Accounts receivable - net |
243,482.00 |
314,139.00 |
|
Accounts receivable - related parties - net |
91,515.00 |
15,325.00 |
|
Other receivables |
257,579.00 |
446,165.00 |
|
Other receivables - related parties |
0 |
48,254.00 |
|
Inventories |
348,356.00 |
288,345.00 |
|
prepaid expenses |
9,988.00 |
12,060.00 |
|
prepayment |
61,148.00 |
5,011.00 |
|
To dispose of the long-term equity investment |
19,829.00 |
19,829.00 |
|
Other current assets |
15,658.00 |
33,768.00 |
|
Current assets |
1,604,281.00 |
1,550,075.00 |
|
Funds and Investments |
|
|
|
Financial assets carried at cost - non current |
0 |
25,446.00 |
|
Long-term investments under equity method |
0 |
0 |
|
Investments |
0 |
0 |
|
Funds and investments |
0 |
25,446.00 |
|
Fixed Assets |
|
|
|
Cost |
|
|
|
Land |
307,341.00 |
377,841.00 |
|
Buildings and structures |
344,258.00 |
584,353.00 |
|
Machinery and equipment |
380,764.00 |
749,791.00 |
|
Transportation equipment |
7,234.00 |
10,293.00 |
|
Office equipment |
13,274.00 |
23,758.00 |
|
Other facilities |
393,066.00 |
407,837.00 |
|
Revaluation increment |
123,744.00 |
123,744.00 |
|
Cost and revaluation increment |
1,569,681.00 |
2,277,617.00 |
|
Accumulated depreciation |
-587,793.00 |
-977,087.00 |
|
The accumulative impairment - fixed assets |
0 |
-144,344.00 |
|
Construction in process and prepayment for
equipments |
1,113,854.00 |
576,647.00 |
|
Fixed assets |
2,095,742.00 |
1,732,833.00 |
|
Intangible assets |
|
|
|
deferred pension
costs |
1,096.00 |
1,827.00 |
|
Intangible assets |
1,096.00 |
1,827.00 |
|
Other assets |
|
|
|
Guarantee deposits paid |
42,003.00 |
38,959.00 |
|
Deferred charges |
18,931.00 |
21,422.00 |
|
Deferred income tax assets - non current |
60,692.00 |
25,546.00 |
|
other assets–Others |
75,316.00 |
0 |
|
Other assets |
196,942.00 |
85,927.00 |
|
Assets |
3,898,061.00 |
3,396,108.00 |
|
Liabilities and stockholders' equity |
|
|
|
Liabilities |
|
|
|
Current Liabilities |
|
|
|
short-term borrowing |
226,253.00 |
551,441.00 |
|
Changes in the fair value of the financial
liability on profit and loss-flow |
222 |
523 |
|
Notes payable |
19,941.00 |
56,645.00 |
|
Accounts payable |
580,917.00 |
255,441.00 |
|
Income tax payable |
5,298.00 |
18,331.00 |
|
Accrued expenses |
59,856.00 |
87,493.00 |
|
Other payables - related parties |
71,643.00 |
40,967.00 |
|
Other payables |
220,901.00 |
171,966.00 |
|
advance receipt |
4,036.00 |
5,760.00 |
|
Long-Term Liabilities -Current Portion |
135,627.00 |
25,654.00 |
|
Other current liabilities |
29,719.00 |
30,000.00 |
|
Current liabilities |
1,354,413.00 |
1,244,221.00 |
|
Long term Liabilities |
|
|
|
Long-term borrowings |
651,163.00 |
307,141.00 |
|
Long-term liabilities |
651,163.00 |
307,141.00 |
|
Reserves |
|
|
|
Reserve for land revaluation increment tax |
43,943.00 |
43,943.00 |
|
Reserves |
43,943.00 |
43,943.00 |
|
Other Liabilities |
|
|
|
Pension reserve / accrued pension liability |
7,297.00 |
5,900.00 |
|
other liabilities–Others |
227,784.00 |
145,000.00 |
|
Other liabilities |
235,081.00 |
150,900.00 |
|
Liabilities |
2,284,600.00 |
1,746,205.00 |
|
Stockholders' Equity |
|
|
|
Capital |
|
|
|
Common stock |
698,778.00 |
698,778.00 |
|
Advance receipts for common stock |
0 |
0 |
|
Capital Surplus |
|
|
|
Capital surplus - additional paid-in capital |
366,962.00 |
366,962.00 |
|
Capital reserve - consolidation excess |
81,098.00 |
81,098.00 |
|
Capital surplus |
448,060.00 |
448,060.00 |
|
Retained Earnings |
|
|
|
Legal reserve |
157,624.00 |
157,624.00 |
|
Inappropriate retained earnings |
295,226.00 |
325,352.00 |
|
Retained earnings |
452,850.00 |
482,976.00 |
|
Stockholders' Equity and Other adjustment |
|
|
|
Cumulative translation adjustments |
0 |
0 |
|
Net loss not recognized as pension cost |
-14,619.00 |
-8,303.00 |
|
Unrealized Revaluation Increment |
24,966.00 |
24,966.00 |
|
Equities Related to Non-current Assets Classified
as Held for Sale |
3,426.00 |
3,426.00 |
|
Equity adjustments |
13,773.00 |
20,089.00 |
|
Stockholders‘ equity |
1,613,461.00 |
1,649,903.00 (USD 55,931,912.00) |
|
Number of Treasury Stock Acquired by Parent Company and Subsidiaries (unit:
Share) |
|
|
|
Equivalent Shares of Outstandings of Advance
Receipts for Common Stock (Unit: Share) |
|
|
(As of 2013.08, 1 NTD =
0.0339 USD)
Unit: NTD/000
|
|
2012 |
2011 |
|
Sales |
1,464,788.00 (USD 49,656,313.00) |
3,011,027.00 (USD 102,073,815.00) |
|
Return inward |
20 |
402 |
|
Sales discounts
and allowances |
3,742.00 |
1 |
|
Sales |
1,461,026.00 |
3,010,624.00 |
|
Operating income |
1,461,026.00 |
3,010,624.00 |
|
Cost of sales |
1,562,912.00 |
2,693,495.00 |
|
Operating costs |
1,562,912.00 |
2,693,495.00 |
|
Gross profit
(loss) from operations |
-101,886.00 |
317,129.00 |
|
Selling expense |
121,496.00 |
174,898.00 |
|
General and administrative
expenses |
147,902.00 |
168,435.00 |
|
Research and development expenses |
61,083.00 |
61,263.00 |
|
Operating
expenses |
330,481.00 |
404,596.00 |
|
Operating income
(loss) |
-432,367.00 |
-87,467.00 |
|
Non-Operating
Income |
|
|
|
Interest income |
301 |
257 |
|
Income from
long-term equity investments under the equity method |
0 |
5,192.00 |
|
Income gain |
0 |
5,192.00 |
|
Gains on
disposal of fixed assets |
227,742.00 |
0 |
|
Disposal of
investment interests |
94,052.00 |
0 |
|
Profit on exchange |
2,900.00 |
41,028.00 |
|
Foreign exchange
gains |
0 |
0 |
|
Miscellaneous
income |
277,373.00 |
61,882.00 |
|
Non-operating
revenues and gains |
602,368.00 |
108,359.00 |
|
Non-Operating
Expenses |
|
|
|
Interest expense |
17,071.00 |
28,747.00 |
|
Investment
losses under equity method |
0 |
19,674.00 |
|
Investment
losses |
0 |
19,674.00 |
|
Loss of fixed
assets |
86,258.00 |
6,576.00 |
|
Loss on exchange |
0 |
0 |
|
Impairment loss
on assets |
0 |
5,353.00 |
|
Loss on valuation
of financial asset |
2,038.00 |
12,830.00 |
|
Miscellaneous
disbursements |
106,470.00 |
215,800.00 |
|
Non-operating
expenses and losses |
211,837.00 |
288,980.00 |
|
Income from
continuing operations before income tax |
-41,836.00 |
-268,088.00 |
|
Income tax
expense (benefit) |
-11,710.00 |
-33,622.00 |
|
Income from
continuing operations |
-30,126.00 |
-234,466.00 |
|
Net income
(loss) |
-30,126.00 (USD 1,021,271.00) |
-234,466.00 (USD 7,948,397.00) |
|
Primary Earnings
per Share |
|
|
|
Income (loss)
from continuing operations |
-0.43 |
-3.53 |
|
Primary earnings
per share |
-0.43 |
-3.53 |
|
Diluted earnings
per share |
|
|
|
Income (loss)
from continuing operations |
-0.43 |
-3.53 |
|
Diluted earnings
per share |
-0.43 |
-3.53 |
(As of 2013.08, 1 NTD =
0.0339 USD)
Unit: NTD/000
|
|
2012 |
2011 |
|
Cash flows from
operating activities - indirect method |
-30,126.00 |
-234,466.00 |
|
Net income
(loss) |
|
|
|
Adjustment item |
89,550.00 |
104,396.00 |
|
Adjustments to
reconcile net income to net cash provided by (used in) operating activities |
5,175.00 |
5,551.00 |
|
Depreciation
expense |
0.00 |
0.00 |
|
Bad debt expense
number listed (income) |
-6,316.00 |
0.00 |
|
The number of differences
between the net pension costs and contributions |
0.00 |
360.00 |
|
Share-based
compensation |
0.00 |
19,674.00 |
|
Loss (gain) on
decline (recovery) in market value, scrap and obsolescence of inventories |
-141,484.00 |
6,576.00 |
|
Investment loss
(income) recognized under equity method |
6,242.00 |
0.00 |
|
Fixed assets
transfer charge |
-94,052.00 |
0.00 |
|
Loss (gain) on
disposal of property, plant and equipment |
2,038.00 |
12,830.00 |
|
Loss (gain) on
disposal of investments |
0.00 |
5,353.00 |
|
Non-financial
assets impairment losses |
|
|
|
Other Adjustments to Reconcile Net Income |
33,714.00 |
62,647.00 |
|
Changes in
operating assets and liabilities |
70,657.00 |
445,908.00 |
|
Decrease
(increase) in notes receivable |
-76,190.00 |
774.00 |
|
Decrease
(increase) in accounts receivable |
188,586.00 |
-219,268.00 |
|
Decrease
(increase) in accounts receivable - related parties |
48,254.00 |
105,531.00 |
|
Decrease
(increase) in other receivables |
-60,011.00 |
217,389.00 |
|
Decrease
(increase) in other receivable- related parties |
2,072.00 |
5,035.00 |
|
Prepaid expenses
decrease (increase) |
-56,137.00 |
6,043.00 |
|
Prepayments
decrease (increase) |
-17,036.00 |
-41,636.00 |
|
Deferred tax assets
decrease (increase) |
731.00 |
0.00 |
|
Deferred debits
decrease (increase) |
-2,339.00 |
-12,307.00 |
|
Trading purpose
financial liabilities increase (decrease) |
-36,704.00 |
48,886.00 |
|
Notes payable
increase (decrease) |
325,476.00 |
-122,159.00 |
|
Decrease
(Increase) in Other Current Assets |
-13,033.00 |
15,402.00 |
|
Increase
(decrease) in accounts payable - related parties |
-27,637.00 |
-32,710.00 |
|
Increase
(decrease) in income tax payable |
48,935.00 |
21,519.00 |
|
Other payables
increase (decrease) |
30,676.00 |
40,967.00 |
|
Increase
(decrease) in accrued expenses |
-1,724.00 |
2,181.00 |
|
Advance payment
increase (decrease) |
-281.00 |
30,000.00 |
|
Increase
(decrease) in other payable - related parties |
-30,126.00 |
-234,466.00 |
Mortgage
|
1 |
|
|
Case Type: |
Chattel Mortgage |
|
Certificate No.: |
052879 |
|
Debtor Name: |
Dsm-Agi Corporation |
|
Document Number: |
985052 |
|
Date of Registration: |
1997-1-4 |
|
Date of Alteration: |
2000-11-24 |
|
Status: |
Pay off |
|
2 |
|
|
Case Type: |
Chattel Mortgage |
|
Certificate No.: |
061151 |
|
Debtor Name: |
Dsm-Agi Corporation |
|
Document Number: |
852275 |
|
Date of Registration: |
1999-3-3 |
|
Date of Alteration: |
2000-11-24 |
|
Status: |
Pay off |
|
3 |
|
|
Case Type: |
Chattel Mortgage |
|
Certificate No.: |
077028 |
|
Debtor Name: |
Dsm-Agi Corporation |
|
Document Number: |
09205156490 |
|
Date of Registration: |
2003-9-1 |
|
Status: |
Pay off |
|
4 |
|
|
Case Type: |
Chattel Mortgage |
|
Certificate No.: |
103287 |
|
Debtor Name: |
Dsm-Agi Corporation |
|
Document Number: |
10030324520 |
|
Date of Registration: |
2011-4-6 |
|
Status: |
Pay off |
|
5 |
|
|
Case Type: |
Chattel Mortgage |
|
Certificate No.: |
096346 |
|
Debtor Name: |
Dsm-Agi Corporation |
|
Document Number: |
09730429060 |
|
Date of Registration: |
2008-12-8 |
|
Status: |
Pay off |
|
6 |
|
|
Case Type: |
Chattel Mortgage |
|
Certificate No.: |
105864 |
|
Debtor Name: |
Dsm-Agi Corporation |
|
Document Number: |
10130321940 |
|
Date of Registration: |
2012-5-9 |
|
Status: |
Pay off |
|
7 |
|
|
Case Type: |
Chattel Mortgage |
|
Certificate No.: |
107320 |
|
Debtor Name: |
Dsm-Agi Corporation |
|
Document Number: |
10231309240 |
|
Date of Registration: |
2013-2-21 |
Lawsuit
Up to date of reporting,
no existing or latent litigation of the subject has been found.
|
Department |
Sales Department. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.69 |
|
|
1 |
Rs.100.79 |
|
Euro |
1 |
Rs.86.30 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.