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Report Date : |
01.08.2014 |
IDENTIFICATION DETAILS
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Name : |
UNIBIOS
INTERNATIONAL CO., LTD. |
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Registered Office : |
No.271, Sec.3, |
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Country : |
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Date of Incorporation : |
10.09.2003 |
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Com. Reg. No.: |
80481487 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
subject is
engaged in trading of medicines and health care products from public files
according to the supplied name |
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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 : |
Moderate |
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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 – June 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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Taiwan |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are other major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, and following the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010, Taiwan in July 2013 signed a free trade deal with New Zealand—Taipei’s first-ever with a country with which it does not maintain diplomatic relations—and in November inked a trade pact with Singapore. Negotiations continue on follow-on components of ECFA regarding trade in goods and a dispute resolution mechanism; a trade in services agreement is under review in the legislature. 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 sales. 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 overall trade surplus largely because of its surplus with China, and its foreign reserves are the world's sixth largest, behind China, Japan, Saudi Arabia, Russia, and Switzerland. 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. Taiwan since 2009 has gradually loosened rules governing Chinese investment on the island, and has also secured greater market access for its investors in the mainland. 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.
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Source : CIA |
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Company Name: |
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Supplied Name: |
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Supplied Address: |
Notes: The exact name is
as above. Since we didn’t find subject, the trading address is not available
from any sources.
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Credit Opinion: |
Since we did not
contact the subject and the operation information is not confirmed, caution
should be exercised. |
We tried to contact the subject through the supplied number
+886-6-221-1737; it says the number is a vacant number.
According to the supplied name and address, we cannot find any valid contact information from public files.
We found subject is engaged in trading of medicines and health care products from public files according to the supplied name. But the operation is not confirmed by the subject.
Update to date of reporting, we failed to get in touch with subject. If you can supply further information such as current telephone number, we’d like to have the investigation resumed.
We found subject’s registration information as follows for reference.
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Registered Name: |
Unibios International Co., Ltd. |
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Registered Address: |
No.271, Sec.3, Minzu Rd., West District,
Tainan City 703, Taiwan |
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Date of Foundation: |
2003-9-10 |
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Registration Number: |
80481487 |
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Registry: |
Tainan City Government |
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Registered Capital: |
(As of 2014.08, 1 NTD = 0.0333 USD) |
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Legal Representatives: |
Shuhua Guo |
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Legal Form: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Notes: Since we didn’t find subject, the staff number is not available from any sources.
Subject was incorporated on 2003-9-10 with
registered number 80481487 as Private Limited Liability Company in Taiwan.
Subject did not register any
subsidiaries or branches; from other source we could not obtain the relevant
information, either.
Major Shareholders
|
Name |
Subscription Amount |
|
Shuhua Guo |
100,000 |
Core Management
|
Name |
Shuhua Guo |
|
Position |
Director |
Offices &
Factories
We cannot confirm subject current trading address at this
stage.
Operation Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F401010 |
The international trade |
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F107070 |
Veterinary drug wholesaling |
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F108021 |
Western medicine wholesaling |
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F107020 |
Dye pigment wholesaling |
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F102130 |
Spices wholesale |
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F102160 |
Auxiliary food wholesaling |
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F113010 |
Mechanical wholesaling |
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F102120 |
Sugar wholesale |
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F207020 |
Dye paint retail |
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F208021 |
Western medicine retail |
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F213080 |
Mechanical equipment retail |
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F207070 |
Animal drug retailing |
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ZZ99999 |
Besides licensed business, all other
business items those are not banned or restricted. |
We found subject is engaged in trading of medicines and health care products from public files according to the supplied name. But the operation is not confirmed by the subject.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Taiwan and the only source from which we can obtain the information is the subject itself.
Since we didn't get in touch with subject, the relevant information is not available from any sources.
Subject declined to disclose its bank details; from other source we could not obtain the relevant information, either.
Mortgage
No chattel mortgage record of subject has been found within the recent 3 months.
Lawsuit
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.60.25 |
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UK Pound |
1 |
Rs.101.92 |
|
Euro |
1 |
Rs.80.70 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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|
|
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
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 |
|
-- |
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.