|
Report Date : |
22.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
WIN ALL INTERNATIONAL LTD. |
|
|
|
|
Registered Office : |
c/o Hongkong Kamkiu Registration Ltd. Room 603, 6/F., |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
15.07.2011 |
|
|
|
|
Com. Reg. No.: |
58694302 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
The subject’s lines of business are unknown since the secretarial firm
knows nothing about its business. |
|
|
|
|
No. of Employees : |
No Employees in [It is to be noted that
the company does not have its own operating office in |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
No Operating office in |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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) |
|
Hong Kong |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
hong kong - ECONOMIC OVERVIEW
Hong Kong has a free market economy, highly dependent on
international trade and finance - the value of goods and services trade, including
the sizable share of re-exports, is about four times GDP. Hong Kong levies
excise duties on only four commodities, namely: hard alcohol, tobacco,
hydrocarbon oil, and methyl alcohol. There are no quotas or dumping laws. Hong
Kong's open economy left it exposed to the global economic slowdown that began
in 2008. Although increasing integration with China, through trade, tourism,
and financial links, helped it to make an initial recovery more quickly than
many observers anticipated, it again faces a possible slowdown as exports to
the Euro zone and US slump. The Hong Kong government is promoting the Special
Administrative Region (SAR) as the site for Chinese renminbi (RMB)
internationalization. Hong Kong residents are allowed to establish RMB-denominated
savings accounts; RMB-denominated corporate and Chinese government bonds have
been issued in Hong Kong; and RMB trade settlement is allowed. The territory
far exceeded the RMB conversion quota set by Beijing for trade settlements in
2010 due to the growth of earnings from exports to the mainland. RMB deposits
grew to roughly 9.1% of total system deposits in Hong Kong by the end of 2012,
an increase of 59% from the previous year. The government is pursuing efforts
to introduce additional use of RMB in Hong Kong financial markets and is
seeking to expand the RMB quota. The mainland has long been Hong Kong's largest
trading partner, accounting for about half of Hong Kong's exports by value.
Hong Kong's natural resources are limited, and food and raw materials must be
imported. As a result of China's easing of travel restrictions, the number of
mainland tourists to the territory has surged from 4.5 million in 2001 to 34.9
million in 2012, outnumbering visitors from all other countries combined. Hong
Kong has also established itself as the premier stock market for Chinese firms
seeking to list abroad. In 2012 mainland Chinese companies constituted about
46.6% of the firms listed on the Hong Kong Stock Exchange and accounted for
about 57.4% of the Exchange's market capitalization. During the past decade, as
Hong Kong's manufacturing industry moved to the mainland, its service industry
has grown rapidly. Growth slowed to 5% in 2011, and less than 2% in 2012.
Credit expansion and tight housing supply conditions caused Hong Kong property
prices to rise rapidly and inflation to rise 4.1% in 2012. Lower and middle
income segments of the population are increasingly unable to afford adequate
housing. Hong Kong continues to link its currency closely to the US dollar, maintaining
an arrangement established in 1983.
|
Source
: CIA |
WIN ALL
INTERNATIONAL LTD.
Registered
Office:-
c/o Hongkong Kamkiu Registration Ltd.
Room 603, 6/F., Hang Pont Commercial Building, 31 Tonkin Street, Cheung Sha
Wan, Kowloon, Hong Kong.
[Tel: 852-3585 7483; Fax:
852-3585 7491]
(Formerly located at:
c/o Power Point Management Co. Ltd.
Room 1702, 17/F., Sino Centre, 582-592 Nathan Road, Mongkok, Kowloon,
Hong Kong.)
58694302
1634431
15th July, 2011.
Nominal Share Capital: HK$10,000.00
(Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
(As per registry dated 15-07-2013)
|
Name |
|
No. of shares |
|
Daniel COMAUR BERGAMASCHI |
|
5,000 |
|
YE Jing Ru |
|
5,000 |
|
|
|
––––– |
|
|
Total: |
10,000 ===== |
(As per registry dated 15-07-2013)
|
Name (Nationality) |
Address |
|
Daniel COMARU BERGAMASCHI |
1506, Qiao Fu Building, No. 57, Xin Wen Road, Fu Tian District,
Shenzhen, China. |
(As per registry dated 15-07-2013)
|
Name |
Address |
Co. No. |
|
Hongkong Kamkiu Registration Ltd. |
Room 603, 6/F., Hang Pont Commercial Building, 31 Tonkin Street,
Cheung Sha Wan, Kowloon, Hong Kong. |
1250522 |
The subject was incorporated on 15th July, 2011 as a Private Limited
Liability Company under the Hong Kong Companies Ordinance.
Formerly the registered address of the subject was located at Room 1702,
17/F., Sino Centre, 582-592 Nathan Road, Mongkok, Kowloon, Hong Kong where was
the operating office of a secretarial firm Power Point Management Co. Ltd. The subject moved to the present address in
October 2011 as it has changed its commercial service provider since then.
Apart from these, neither material change nor amendment has been ever
traced and noted.
Having issued 10,000 ordinary shares of HK$1.00 each, Win All International
Ltd. is jointly owned by Mr. Daniel Comaur Bergamaschi and Ms. Ye Jing Ru. The former is a Brazil merchant while the
latter is a China merchant. The former
is a Brazil passport holder and does not have the right to reside in Hong Kong
permanently. He is also the only
director of the subject. Currently,
Comaur Bergamaschi is residing in Shenzhen Special Economic Zone, China, so
does the China merchant.
The subject does not have its own operating office. Its registered office is in a commercial
service firm located at Room 603, 6/F., Hang Pont Commercial Building, 31
Tonkin Street, Cheung Sha Wan, Kowloon, Hong Kong known as Hongkong Kamkiu
Registration Ltd. which is handling its correspondences and documents. This company is also the corporate secretary
of the subject.
The subject has no employees in Hong Kong.
The subject’s lines of business are unknown since the secretarial firm
knows nothing about its business.
The director and shareholders of the subject cannot be reached as they
are in China.
No information of the subject can be obtained from our secondary
sources. However, from the website we
found a China businesswoman bearing the name of Ye Jing Ru who is operating a
firm known as Deyi International Co. Ltd. [Deyi]. Deyi is trading in the following products:
building materials, interior decoration products, etc.
Products are acquired from the suppliers in Shenzhen Special Economic
Zone, China. However, we are not sure
the one who operates Deyi is the same person of the subject.
The subject’s business in Hong Kong is not active. History which is short in Hong Kong is just
over two years and three months.
Since the subject does not have its own operating office and has no
employees in Hong Kong, consider it good for business engagements on L/C basis.
NOTE:
It is to be noted that the
company does not have its own operating office in Hong Kong. The company uses
the address of its secretariat as its correspondence address only. Subject
operates from some other country and does not have a base in Hong Kong. Such
companies are registered in Hong Kong just to tax benefit purpose and due to
the strict privacy laws prevailing in the country. In such cases, the companies
are not required to have any employees in Hong Kong nor do have an office
there.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.49 |
|
|
1 |
Rs.99.41 |
|
Euro |
1 |
Rs.84.12 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.