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Report Date : |
08.12.2014 |
IDENTIFICATION DETAILS
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Name : |
KAM HING TEXTILE |
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Registered Office : |
EM Macau, |
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Country : |
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Date of Incorporation : |
11.11.2003 |
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Com. Reg. No.: |
SO17683 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Subject is engaged in Providing of files handing services |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
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|
A2 |
A2 |
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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 |
Since opening up its
locally-controlled casino industry to foreign competition in 2001,
|
Source
: CIA |
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Company Name (in English): |
Kam Hing Textile |
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Company Name (in Portuguese): |
Kam Hing Textil Comercial Offshore De Macau Limitada |
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Supplied Name: |
KAM
HING TEXTILE |
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Trading Address: |
EM Macau, |
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Supplied Address: |
RM.1-9,8/F.,LUCIDA IND'L BLDG,43-47 WANG |
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Telephone Number: |
Note: The exact name and address are as above, and the subject did not explain the supplied address.
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Registered Name: |
Kam Hing Textile |
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Registered Address: |
EM Macau, |
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Date of
Registration: |
2003-11-11 |
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Business Registered
Number: |
SO17683 |
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Legal Form: |
Limited
Liability Company |
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Registered Capital: |
MOP 100,000
(USD 12,300) (As of 2014.12,
1 MOP = 0.1230 USD) |
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Principal
Activities: |
Providing of files handing services, etc. |
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Staff: |
N/A |
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Listed at Stock
Exchange: |
No |
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Information Ended
at: |
2014-11-21 |
Note: Subject declined to disclose the number of staff, and from other source we cannot obtain the information.
Subject was incorporated on 2003-11-11 with registered number SO17683 as Limited
Liability Company in
Relate Companies
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1 |
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Name: |
Kam Hing Piece Works ( |
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Address: |
Unit 05-03, 5/F, HB Centre, |
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Tel: |
+65-6842-6896 |
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Fax: |
+65-6842-6367 |
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2 |
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Name: |
Guangzhou Kam Hing Textile Dyeing Co., Ltd. |
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Address: |
No. 32 Li Ye Road, Dong Chong Town, Panyu District, Guangzhou City, Guangdong Province, China |
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Tel: |
+86-20-8490-3888 |
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Fax: |
+86-20-8490-6889 |
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Email: |
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3 |
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Name: |
En Ping Kam Hing Textile & Dyeing Co., Ltd. |
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Address: |
Route No. 325, Tang Zhou Section, Dongan, Enping Shi, Guangdong Province, China |
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Tel: |
+86-750-7816688 |
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Fax: |
+86-750-7813638 |
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Email: |
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4 |
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Name: |
Kam Hing International Holdings Limited |
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Address: |
8/F, Lucida Industrial Building, 43-47 Wang Lung Street, Tsuen Wan, Hong Kong |
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Tel: |
+852-2406-0080 |
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Fax: |
+852-2408-1891 |
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Listed at Stock Exchange: |
Yes; Stock Code: 02307 |
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5 |
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Name: |
Sparkle Logistics Limited |
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Address: |
8/F, Lucida Industrial Building, 43-47 Wang Lung Street, Tsuen Wan, Hong Kong |
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Tel: |
+852-2406-4980 |
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Fax: |
+852-2408-2015 |
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Subscription Amount |
Proportion of Investment (%) |
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|
Kam Hing Enterprise Limited |
100,000 |
100% |
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Total |
100,000 |
100% |
Major Shareholder Information:
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Name: |
Kam Hing Enterprise Limited |
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Address: |
P.O. Box 3340, Road Town, Tortola, British Virgin Islands |
Management Information
Core Management
Board of Directors:
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1 |
|
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Name: |
Tai, Chin Wen |
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Registered Address: |
Room A, 11/F, Tower 10, Parc Royale, 8. Hin Tai Street, Shatin, Hong Kong |
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Position: |
Director |
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Marital Status: |
Married |
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Gender: |
Male |
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2 |
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Name: |
Tai, Chin Chun |
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Registered Address: |
Room A, 21/F., Tower 9, Parc Royale, 8. Hin Tai Street, Shatin, Hong Kong |
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Marital Status: |
Married |
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Gender: |
Male |
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Authorized Signatures |
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Any one of the above directors can sign on behalf of the subject with seal affixed. |
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Offices & Factories
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Office |
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Address: |
EM Macau, Avenida Do Dr. Rodrigo Rodrigues No. 600-E, Centro Commercial First Nacional P11-05 |
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Area: |
66.32 Square Meters |
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Owned /Rented: |
Premises Information
Office address:
|
Address: |
EM Macau, Avenida Do Dr. Rodrigo Rodrigues No. 600-E, Centro Commercial First Nacional P11-05 |
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Owners: |
Jiang Minduan |
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Matriz: |
73225 |
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Nature: |
Urban |
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Duration: |
25 years; since 1993-2-15 |
Operation Information
Subject is engaged in daily files handling service for its related companies in Hong Kong and the Mainland China, etc. and they don’t take orders.
It is introduced that the customer should be connected with its related company in Hong Kong or the Mainland of China directly.
Subject’s related companies are engaged in manufacturing or trading of dyed yarn and sewing threads, knitted and dyed fabrics, etc.
It is introduced that subject’s related company in the Mainland of China has factories for production.
It is introduced that the sales regions of subject’s related companies include China domestic market, Japan, Korea, South East Asia, Europe, America, Africa, etc.
Subject declined to disclose the detail information of settlements, and it is introduced that the details of settlements are to be negotiated
The subject has no obligation to supply its financial statement to the third party according to the relevant policy in Macao and the only source from which we can obtain the information is the subject itself.
Subject’s relevant staff rejected to disclose the financial information; from other sources we could not obtain such information, either.
Subject declined to disclose its bank details; from other source we cannot obtain the relevant information, either.
Interview Details:
|
Name: |
Ms. Lin |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.85 |
|
|
1 |
Rs.96.73 |
|
Euro |
1 |
Rs.76.53 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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Report Prepared
by : |
NIS |
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 |
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|
-- |
NB |
New Business |
-- |
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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.