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Report Date : |
20.09.2013 |
IDENTIFICATION DETAILS
|
Name : |
SKYWORTH MACAO COMMERCIAL OFFSHORE COMPANY LIMITED |
|
|
|
|
Registered Office : |
EM Macau, Avenida De Praia Grande No. 619, EDF
Commercial SI Toi K7 |
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|
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Country : |
Maccau |
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Date of Incorporation : |
16.09.2002 |
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Com. Reg. No.: |
SO
15984 |
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|
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Legal Form : |
Private Limited Liability
Company |
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|
|
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Line of Business : |
Research, development and trade of TV, monitor and the
related products |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
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Payment Behaviour : |
Unknown |
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|
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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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Macau |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ECONOMIC OVERVIEW - MACAU
Since opening up its locally-controlled casino industry to
foreign competition in 2001, Macau has attracted tens of billions of dollars in
foreign investment, transforming the territory into one of the world's largest
gaming centers. Macau's gaming and tourism businesses were fueled by China''s
decision to relax travel restrictions on Chinese citizens wishing to visit
Macau. By 2006, Macau''s gaming revenue surpassed that of the Las Vegas strip,
and gaming-related taxes accounted for more than 70% of total government
revenue. Macau''s economy slowed dramatically in 2009 as a result of the global
economic slowdown, but strong growth resumed in 2010-11, largely on the back of
tourism from mainland China and the gaming sectors. In 2012, this city of
582,000 hosted nearly 28 million visitors. Almost 60% came from mainland China.
Macau''s traditional manufacturing industry has slowed greatly since the
termination of the Multi-Fiber Agreement in 2005. China is Macau''s second
largest goods export market, behind Hong Kong, and followed by the United
States. In 2012, exports were less than US$1 billion, while gaming receipts
were US$38 billion, a 13.5% increase over 2011. Macau''s economy expanded by
10% in 2012; although impressive, it was a slower growth rate than in previous
years. Macau continues to face the challenges of managing its growing casino
industry, money-laundering, and the need to diversify the economy away from
heavy dependence on gaming revenues. Macau''s currency, the pataca, is closely
tied to the Hong Kong dollar, which is also freely accepted in the territory.
Source
: CIA
|
Skyworth Macao
Commercial Offshore Company Limited |
|
|
Company Name (in
Portuguese): |
Skyworth Commercial
Offshore De Macau Limitada |
|
Supplied Name: |
|
|
Supplied Address: |
EM Macau, Avenida De Praia Grande No. 619, EDF
Commercial SI Toi K7 |
Note:
The supplied name is incomplete, and the exact name is as above.
We tried to contact the subject, but according
to the supplied name and address, we could not obtain any contact methods of
subject. And we tried to contact the parent company of subject. We found a
telephone number (+86-755-26010018), a staff answered the phone, but he
declined to disclose any information about subject.
The registration files show that subject is engaged in research, development and trade of TV, monitor and the related products, 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.
|
Registered Name: |
Skyworth Macao Commercial Offshore Company Limited |
|
Registered Address: |
Room
K, 7/f., No. 619 Avenida da Praia Grande, Macau |
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Date of Foundation: |
2002-9-16 |
|
Business
Registered Number: |
SO
15984 |
|
Legal Form: |
Private Limited Liability
Company |
|
Registered
Capital: |
MOP
100,000 (USD 12,334.3) (1 MOP =0.12334 USD) |
|
Principal
Activities: |
Research, development and trade of TV, monitor and the
related products |
|
Staff: |
Employees |
|
Listed at Stock Exchange: |
No |
|
Information
Ended at: |
2013-9-2 |
Subject was incorporated on 1999-07-19 with registered number SO 15984 as Private Limited Liability Company in Macau.
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Kyworth Digital Group Limited |
100,000 |
100% |
|
Total |
100,000 |
100% |
Major Shareholder Information:
|
Name: |
Kyworth Digital Group Limited |
|
Address: |
P.O. Box 957, Offshore
Incorporations Centre, Road Town, Tortola, Em British Virgin Island |
Parent Company:
|
Name: |
Kyworth Digital Group Limited |
|
Address: |
P.O. Box 957, Offshore
Incorporations Centre, Road Town, Tortola, Em British Virgin Island |
Core Management
Board of Directors:
|
1 |
|
|
Name: |
Zhang Xuebin |
|
Registered Address: |
Unit B, 9/f., B Building, Portofino Swan Town,
Huaqiaocheng, Nanshan District, Shenzhen, China (translated) |
|
Position: |
Director |
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Marital Status: |
Married |
|
2 |
|
|
Name: |
Leung Chi Ching Frederick |
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Registered Address: |
Room H, 19/f., 22 Haiyi Island, Yalizhou, Hong Kong
(translated) |
|
Position: |
Director |
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Marital Status: |
Married |
|
3 |
|
|
Name: |
Lu Rongchang |
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Registered
Address: |
Room 908, No. 50
Foxinqiao, Xuanwu District, Nanjing City, China (translated) |
|
Position: |
Director |
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Marital Status: |
Married |
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4 |
|
|
Name: |
Yang Dongwen |
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Registered
Address: |
Room 601,
Building 3, No. 36, Keyuan, Technology Park, Nanshan District ,Shenzhen,
China (translated) |
|
Position: |
Director |
|
Marital Status: |
Married |
|
5 |
|
|
Name: |
Leung, Kam Wah
Dminic |
|
Registered
Address: |
Room B, Building
6, No. 9 East Queen Road, Wan Chai, Hong Kong (translated) |
|
Position: |
Director |
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Marital Status: |
Unmarried |
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6 |
|
|
Name: |
Sun Wei Chuong |
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Registered
Address: |
Dong 61,
Songping Village, Nanshan District, Shenzhen City, Guangdong Province, China |
|
Position: |
Director |
|
Marital Status: |
Married |
Offices & Factories
|
|
Address: |
|
Registered Address: |
Address:
|
Registered
Address: |
Room
K, 7/f., No. 619 Avenida da Praia Grande, Macau |
|
Owners: |
Wang
Li |
|
Matriz: |
13176 |
|
Nature: |
Urban |
|
Area |
74.2800
Square Meters |
Subject has no obligations to disclose its
financial statements to the third party according to the relevant policy in
Macau and the only source from which we can obtain the information is the
subject itself.
Open Account Bank
The bankers’ information is not available from the subject
or other sources.
Mortgage
No chattel mortgage record of
subject has been found within the recent 3 months.
Up to date of reporting, no existing or latent litigation of
the subject has been found.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.75 |
|
|
1 |
Rs.99.56 |
|
Euro |
1 |
Rs.83.54 |
INFORMATION DETAILS
|
Report
Prepared by : |
SHG |
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.