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Report Date : |
01.04.2014 |
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Tel. No.: |
886-2-27553328 |
IDENTIFICATION DETAILS
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Name : |
STRAIT CAPITAL INVESTMENT GROUP |
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Registered Office : |
We were unable to find the registered address. |
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Country : |
Cayman Islands |
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Date of Incorporation : |
2005 (not verified) |
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Legal Form : |
Not Available |
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Line of Business : |
Offshore Company |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Offshore company |
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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 – September 30, 2013
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Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
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Cayman Islands |
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 |
CAYMAN ISLANDS - ECONOMIC OVERVIEW
With no direct taxation, the
islands are a thriving offshore financial center. More than 93,000 companies
were registered in the Cayman Islands as of 2008, including almost 300 banks,
800 insurers, and 10,000 mutual funds. A stock exchange was opened in 1997.
Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign
currency earnings. The tourist industry is aimed at the luxury market and
caters mainly to visitors from North America. Total tourist arrivals exceeded
1.9 million in 2008, with about half from the US. Nearly 90% of the islands'
food and consumer goods must be imported. The Caymanians enjoy a standard of
living comparable to that of Switzerland.
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Source
: CIA |
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IDENTIFICATION |
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Ordered as: |
STRAIT CAPITAL INVESTMENT GROUP |
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Address in the order: |
Country : Cayman Islands |
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Comments on data supplied: |
Dear client the company is an International Business Company
(Offshore), we were unable to find the Registered Agent identity or address. |
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Legal Name: |
STRAIT CAPITAL INVESTMENT GROUP |
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Legal Address |
We were unable to find the registered address. |
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Country |
KY |
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Telephone: |
N.A. |
Registration Number : |
N.A. |
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Fax: |
N.A. |
Legal Form: |
N.A |
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Email: |
N.A. |
Registered in: |
KY |
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Website: |
N.A. |
Date Created: |
2005 (not verified) |
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MANAGERS: |
N.A. |
Date Incorporated: |
N.A. |
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Staff: |
0 |
Stock: |
N.A. |
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Value: |
N.A. |
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Activity: |
Offshore Company |
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Final Opinion |
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We are reporting an offshore company which belongs to foreign
shareholders. Although it is registered in Cayman Islands, it uses such
territory only as its legal and administrative address, but all its
operations are carried out abroad. It is managed by a resident registration
agent and it is unknown in the marketplace, so its commercial morality and
general reputation cannot be assessed, although nothing detrimental is noted
upon subject. |
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MANAGERS: |
N.A. |
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Legal Fillings |
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The sources consulted record no
detrimental legal or labor court information. |
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Shareholders Parent Company(ies): |
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The company is managed by foreign shareholders. Despite our long searches it has not been possible to identify the
shareholders. |
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PAYMENTS |
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made on a 20 days basis - monitored over the last 12 months |
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Public |
NO |
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Payments |
REGULAR |
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RELATED COMPANIES: |
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The subject could be related to: Strait Capital Investment Group 3F, No.76, Sec. 2 Dunhua S. Road Taipei 10683 Taiwan +886-2-2755-3328 +886-2-2755-3308 Strait Capital Investment Group is a private equity firm with a focus
on providing growth capital to small and middle market consumer companies who
are positioned for substantial growth by looking to enter or expand their
businesses in China. BENNY HU, Chairman and Founding Partner RICK LU, Managing Partner and CIO JEREMY WANG, Managing Partner |
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FINANCIALS - COMMERCIAL TRENDS AND FORECAST |
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As a private company the subject does not publish any financial
statements. |
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However our financial sources could provide us with the following
data. Those figures are estimates provided by confidential banking and
financial institutions working with the company. |
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Currency |
DATE |
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USD |
2012 |
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Turnover |
0 |
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Operating Income |
11 600 000 |
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Net Income |
11 600 000 |
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Net worth |
60 500 000 |
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Bank liabilities |
0 |
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The cash flow is |
Normal |
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Profitability |
CORRECT |
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Indebtedness |
NIL |
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Cash |
NORMAL |
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Na
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BANKS |
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Name of the Bank |
NCB |
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Location |
Cayman Islands |
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Comments |
This information could not be verified with the subject company. |
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BUSINESS PRINCIPAL ACTIVITY |
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Strait Capital Investment Group is an International Business Company /
Offshore Company incorporated in Cayman Islands for tax purposes. However the company does not carry any operation in the Cayman
Islands. It is not registered with the Cayman Islands Chamber of Commerce as
being a local business. It is not listed with the Cayman Islands yellow pages. It is not listed with the major local credit bureaus. |
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The subject employs 0 employee(s) |
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Comments on staff: |
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The company does not have any employee in Cayman Islands. It uses the
registered agent staff. |
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LOCATION |
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Headquarters |
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We were unable to find the registered address. |
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Listed at the stock exchange: |
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NO |
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Na
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.60.10 |
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1 |
Rs.99.85 |
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Euro |
1 |
Rs.82.58 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
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.