MIRA INFORM REPORT

 

 

Report Date :

06.06.2014

 

IDENTIFICATION DETAILS

 

Name :

CHRISTIAN MEDIA PUBLISHING (PTY) LTD

 

 

Registered Office :

57 Kommandeur Street, Welgemoed, Belville, 7530 Plein Straat 10, Unit 7, 7550

 

 

Country :

South Africa

 

 

Date of Incorporation :

03.05.2010

 

 

Com. Reg. No.:

M2010/008573/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Subject is engaged in publishing of books, brochures, musical books and other publications.

 

 

No. of Employees

07

 

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

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 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

South Africa

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 


 

SOUTH AFRICA ECONOMIC OVERVIEW

 

South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors and a stock exchange that is the 16th largest in the world. Even though the country's modern infrastructure supports a relatively efficient distribution of goods to major urban centers throughout the region, unstable electricity supplies retard growth. The global financial crisis reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has recovered since then, albeit slowly with 2014 growth projected at about 2%. Unemployment, poverty, and inequality - among the highest in the world - remain a challenge. Official unemployment is at nearly 25% of the work force, and runs significantly higher among black youth. Eskom, the state-run power company, has built two new power stations and installed new power demand management programs to improve power grid reliability. Construction delays at two additional plants, however, mean South Africa is operating on a razor thin margin; economists judge that growth cannot exceed 3% until those plants come on line. South Africa's economic policy has focused on controlling inflation, however, the country has had significant budget deficits that restrict its ability to deal with pressing economic problems. The current government faces growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth

 

Source : CIA

 

 

 


Company name and address

 

Subject Name

CHRISTIAN MEDIA PUBLISHING (PTY)LTD

Country

South Africa

Subject Contact Person

JACOBUS FOUCHE - MANAGING DIRECTOR

Assessment

This is an established business. On investigation contact was made with JACOBUS FOUCHE the managing director, who could not assist with the trade references, banking details and financials as the financial director will only be available on Thursday. We could not obtain a payment pattern. Please see the available information on the subject below.

 

 

Company information

 

Registered Name

CHRISTIAN MEDIA PUBLISHING (PTY)LTD

Trading as/ Division Name

None

Previous Name

None

Date of Name Change

2010-09-13

Registration Number

M2010/008573/07

Registration Date

2010/05/03

Date Commenced Trading

2010-05-03

Age of Business

4 Years 1 Months

History of Business

The subject commenced trading as a new company in 2010.

History of Principals

There are 3 active principals within the company

Shareholders/Members/Partners of subject and % holding

35 % - JACOBUS FOUCHE, 20 % - EWALD VAN RENSBURG, 35 % - HENDRICK SPIES, 10 % -UNALLOCATED SHARES

Authorised Share Capital

 

Issued Share Capital/Members Contribution

 

Status

In Business

Operations Assessment

The subject operates as a publisher for christian material.

Industry/ Customers

Book stores

Export

Unknown

Export Countries

 

Import

Unknown

Import Countries

 

Major Industry Code / SICC

32410

Definition of Code

Publishing of books, brochures, musical books and other publications

Head Office Physical Address

57 KOMMANDEUR STREET, WELGEMOED, BELVILLE, 7530

Head Office Postal Address

PLEIN STRAAT 10, UNIT 7, 7550

Current Tel Number

0219131622

Cell Number

Unavailable

Current Fax Number

Unavailable

Current Email Address

koos@cmpublishing.co.za

Web Site Address

www.christianmediapublishing.co.za

Comments

 

 

 

Auditors information

 

Company Registered Name

EDMUNDS AND ASSOCIATES INC

Trading Name

None

Registration Number

1998/022759/21

Physical Address

2ND FLOOR SUNBEL BUILDING, OLD PAARL ROAD, BELLVILLE, 7536

Postal Address

P O BOX 2452, DURBANVILLE, 7551

Contact Person

VANESSA EDMUNDS

Contact Number

0219145975

Email

vanessa@edmundsorchard.co.za

Principals

2

Judgements Against Subject

Unavailable

Judgements Against Principals

Unavailable

Subject Verified as Client

Yes

Practice Number

00

VAT Number

4240178980

Tax Number

9261037023

BEE Status

Unavailable

Financial Year End

December

No of years in Business

Unknown

Website

www.edmundsorchard.co.za

Comment

 

 

Previous Auditors Information - No Information on Record

 

 

Tax information

 

Vat Number

4890256102

Status

ACTIVE

Vat Liable Date

 

Tax Number

9786387150

Tax Clearance Expire Date

 

Financial Year End

February

Comment

 

 

 

Black Economic Empowerment Information - No Information on Record

ISO Information - No Information on Record

 

 

Workman's compensation

 

Registered

Yes

Compliance Certified

Yes

Comment

 

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

 

Employees

 

Number of Employees

7

1. Salaried employees

4

2. Waged employees

3

3. Permanent employees

4

4. Casual employees

 

5. Contracted employees

3

Comment

 

 

Company Fleet Information - No Information on Record

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Leased

Rental Company

JUAN SCHROUNEN

Owned by

N/A

Value

 

Bond

 

Bank

 

Lease Agreement

Unavailable

Lease Expire Date

Unavailable

Type of Premises

Office blocks

Comment

 

 

Branch Information - No Information on Record


 

Management Overview

 

1          FINANCIAL DIRECTOR  ENEL RETIEF

 

Company Structure (Ownership)

 

Organisation Chart

 

Holding

Company

Sub

Comment

35%- JACOBUS FOUCHE

CHRISTIAN MEDIA PUBLISHING (PTY) LTD

NONE

 

20% - EWALD VAN RESNSBURG

CHRISTIAN MEDIA PUBLISHING (PTY) LTD

NONE

 

35% - HENDRICK SPIES

CHRISTIAN MEDIA PUBLISHING (PTY) LTD

NONE

 

10% - UNALLOCATED SHARES

CHRISTIAN MEDIA PUBLISHING (PTY) LTD

NONE

 

 

Key Deals - No Information on Record

Trade References Information - No Information on Record

 

 

Adverse Information on Subject

 

Judgements - No information on record

BusinessRescue - No Information on Record

Default Listing - No information on record

Notarial Bonds - No information on record

Bank Information - No Information on Record

 

 

Bank Codes History

 

Date requested

Bank Code

Enquiry Amount

Number of RD's

RD amount

RD Date

Bank Comments

Years with bank

Comment

 

P (A bank

 

 

 

 

 

 

 

 

code could not

be

obtained as the subject declined to provide a bank account number.)

 

 

 

 

A Bank code

 

 

 

 

 

 

 

 

could not be

 

 

1900/01/01

 

0.00

 

 

 

obtained as the subject declined to provide a

bank account number

0

 

 

Previous Bank Account Information - No Information on Record

Deeds Information - No information on record

 

 

Principals

 

Number of Principals

3

Average Age of Active Principals

52

 

Active Principals Principal - 1 of 3 EWALD JANSEN VAN RENSBURG

 

Surname

JANSEN VAN RENSBURG

First Name

EWALD

Other Names

None

Marital Status

 

ID Number

6002185081080

Verified ID Number

Yes

Current Age

54 Years 4 Months

Designation

Director

Status

Active

Appointment Date

2011/07/01

Physical Address (at time of Appointment)

MCLEODSTRAAT 1, SOMERSET WEST, 7130

Postal Address

P O BOX 4502, DURBANVILLE, DURBANVILLE, 7551

Current Tel Number

Unavailable

Cell number

Unavailable

Shareholding/Membership

20 %

 

 

Business Information for EWALD JANSEN VAN RENSBURG

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CHRISTIAN MEDIA

PUBLISHING

(PTY)LTD

M2010/008573/07

In Business

4 Years 4 Months

0

No

 

NOUIS-IP

DEVELOPMENT CC

B2008/253057/23

In Business

6 Years 6 Months

0

No

 

 

 

Principal - 2 of 3

HENDRIK SPIES

 

Surname

SPIES

First Name

HENDRIK

Other Names

None

Marital Status

 

ID Number

5612235112080

Verified ID Number

Yes

Current Age

57 Years 6 Months

Designation

Director

Status

Active

Appointment Date

2011/07/01

Physical Address (at time of Appointment)

41 RICHTER AVENUE, WELLINGTON, WESTERN CAPE, 7655

Postal Address

41 RICHTER AVENUE, WELLINGTON, WESTERN CAPE, 7655

Current Tel Number

0219751035

Cell number

0833247045

Shareholding/Membership

35 %

 

 

Business Information for HENDRIK SPIES

Principal Current Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CHIMOIO TRADING (PTY)LTD

K2012/059191/07

In Business

2 Years 2 Months

0

No

 

CHRISTIAN MEDIA

PUBLISHING

(PTY)LTD

M2010/008573/07

In Business

4 Years 4 Months

0

No

 

DANIET

BELEGGINGS

(PTY)LTD

M2005/000975/07

In Business

9 Years 9 Months

0

No

 

MARPHADINE MEDIA (PTY)LTD

K2012/106355/07

In Business

2 Years 2 Months

0

No

 

MARPHADINE

VERDEAU

(PTY)LTD

K2012/105376/07

In Business

2 Years 2 Months

0

No

 

ONE VISION INVESTMENTS 465 (PTY)LTD

M2010/021229/07

In Business

4 Years 4 Months

0

No

 

RHEEBOK VILLAGE ESTATE (PTY)LTD

K2012/103799/07

In Business

2 Years 2 Months

0

No

 

SPIRISYS (PTY)LTD

K2012/194958/07

In Business

2 Years 2 Months

0

No

 

TEKANOX (PTY)LTD

K2014/078045/07

In Business

0

0

No

 

TURN AROUND INVESTMENTS 23 CC

B2009/173976/23

In Business

5 Years 5 Months

0

No

 

VERDEAU

PROPERTIES

(PTY)LTD

K2013/074103/07

In Business

1 Years 1 Months

0

No

 

ZYKOTORC (PTY)LTD

K2014/077226/07

In Business

0

0

No

 

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BYBEL-MEDIA

M1980/002524/08

In Business

34 Years 10 Months

0

No

 

BYBEL-MEDIA HANDEL

M2002/004877/08

In Business

 

0

No

 

DIE PATRIOTFONDS

M1977/003553/08

In Business

37 Years 1 Months

0

No

 

DROOMER-DIAS (PTY)LTD

M1997/007938/07

Deregistration Final

17 Years 5 Months

0

No

 

MEDIA24 BOEKE (PTY)LTD

M1953/000037/07

In Business

61 Years 1 Months

0

No

 

N G KERK-UITGEWERS

M1960/004821/08

Deregistration Final

54 Years 6 Months

0

No

 

SPLENDID HANDYMAN CENTRE CC

B1992/028240/23

In Business

22 Years 10 Months

0

No

 

TYDSKRIFTEMAATSKA PPY VAN DIE NEDERDUITSE

GEREFORMEERDE

KERK

M1975/004743/08

In Business

39 Years 3 Months

0

No

 

 


 

Principal Deeds Information

 

Property Interests for HENDRIK SPIES

Title Deed No.

T121873/2003

Erf/Site No.

7027

Deeds Office

CAPE TOWN

Physical Address

11 HEATHFIELD EERSTERIVIER

Property Type

F

Extent / Size

709.00000000

Purchase Date

2002/12/20

Purchase price

R 250000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B799722003

Bond Amount

R 225000.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T121877/2003

Erf/Site No.

7031

Deeds Office

CAPE TOWN

Physical Address

3 HEATHFIELD EERSTERIVIER

Property Type

F

Extent / Size

553.00000000

Purchase Date

2002/12/20

Purchase price

R 215000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B799742003

Bond Amount

R215000.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T90315/2002

Erf/Site No.

793

Deeds Office

CAPE TOWN

Physical Address

79 LEEUBEKKIE KLAWER KLAWER

Property Type

E

Extent / Size

 

Purchase Date

2001/09/10

Purchase price

R15000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

ST671/2012

Erf/Site No.

2963

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

U

Extent / Size

 

Purchase Date

2004/11/12

Purchase price

R 45900.00

% Ownership

0.00

Bond Holder

 

Bond Number

SK842012S

Bond Amount

R 0.00

Comment

 

 

 

Property Interests for HENDRIK SPIES

Title Deed No.

T61011/2001

Erf/Site No.

29

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

E

Extent / Size

 

Purchase Date

2000/10/16

Purchase price

R 750000.00

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

B418482001

Bond Amount

R 920000.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T37974/2009

Erf/Site No.

13152

Deeds Office

CAPE TOWN

Physical Address

9 ARMON WELLINGTON

Property Type

F

Extent / Size

794.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

BUSINESS PARTNERS LTD

Bond Number

B206802009

Bond Amount

R 750000.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T45840/2003

Erf/Site No.

12823

Deeds Office

CAPE TOWN

Physical Address

14 ARMON WELLINGTON

Property Type

F

Extent / Size

906.00000000

Purchase Date

2002/10/04

Purchase price

R 98000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T45841/2003

Erf/Site No.

12824

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON

Property Type

F

Extent / Size

841.00000000

Purchase Date

2002/10/04

Purchase price

R 98000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T60628/2011

Erf/Site No.

13153

Deeds Office

CAPE TOWN

Physical Address

45 RICHTER WELLINGTON

Property Type

F

Extent / Size

952.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B319312011

Bond Amount

R1000000.00

Comment

 

 

 

Property Interests for HENDRIK SPIES

Title Deed No.

T7829/2008

Erf/Site No.

8965

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON

Property Type

F

Extent / Size

12331.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T7831/2008

Erf/Site No.

13886

Deeds Office

CAPE TOWN

Physical Address

18 SIMONSBERG WELLINGTON

Property Type

F

Extent / Size

123017.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T9727/2006

Erf/Site No.

13145

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON

Property Type

F

Extent / Size

234.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T9728/2006

Erf/Site No.

13146

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON

Property Type

F

Extent / Size

129.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T9729/2006

Erf/Site No.

13147

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON

Property Type

F

Extent / Size

7160.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B769932004

Bond Amount

R 2000000.00

Comment

 

 

 

Property Interests for HENDRIK SPIES

Title Deed No.

T7830/2008

Erf/Site No.

12898

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

E

Extent / Size

 

Purchase Date

2006/12/12

Purchase price

R 900000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T64466/2012

Erf/Site No.

13150

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON WELLINGTON

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B291282012

Bond Amount

R 850000.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T60628/2011

Erf/Site No.

13153

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON WELLINGTON

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B319312011

Bond Amount

R1000000.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T75020/2012

Erf/Site No.

13155

Deeds Office

CAPE TOWN

Physical Address

WELLINGTON WELLINGTON

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B206812009

Bond Amount

R1350000.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T7831/2008

Erf/Site No.

13886

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

 

 

Property Interests for HENDRIK SPIES

Title Deed No.

T47023/2002

Erf/Site No.

5912

Deeds Office

CAPE TOWN

Physical Address

15 CRAWFORD NEWTOWN WELLINGTON

Property Type

E

Extent / Size

 

Purchase Date

2002/02/22

Purchase price

R 59500.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T94716/2004

Erf/Site No.

8929

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

E

Extent / Size

 

Purchase Date

2003/12/12

Purchase price

R1000000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Property Interests for HENDRIK SPIES

Title Deed No.

T7829/2008

Erf/Site No.

8965

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

 

 

Principal - 3 of 3 JACOBUS FOUCHE

 

Surname

FOUCHE

First Name

JACOBUS

Other Names

None

Marital Status

 

ID Number

6806185133083

Verified ID Number

Yes

Current Age

46 Years

Designation

Director

Status

Active

Appointment Date

2010/05/14

Physical Address (at time of Appointment)

27 RUITERSHOOGTE, VIERLANDEN, CAPE TOWN, 7550

Postal Address

27 RUITERSHOOGTE, VIERLANDEN, CAPE TOWN, 7550

Current Tel Number

0219135652

Cell number

0835974514

Shareholding/Membership

35 %

 

Business Information for JACOBUS FOUCHE Principal Current Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIBLICA SOUTH AFRICA

M1998/020401/08

In Business

16 Years 4 Months

0

No

 

CHRISTIAN MEDIA BIBLES (PTY)LTD

M2010/008701/07

In Business

4 Years 4 Months

0

No

 

CHRISTIAN MEDIA

PUBLISHING

(PTY)LTD

M2010/008573/07

In Business

4 Years 4 Months

0

No

 

 

 

Principal Deeds Information Property Interests for JACOBUS FOUCHE

 

Title Deed No.

T44173/2006

Erf/Site No.

5946

Deeds Office

CAPE TOWN

Physical Address

32 ANDRAG VIERLANDEN DURBANVILLE

Property Type

E

Extent / Size

 

Purchase Date

2006/03/10

Purchase price

R 2225000.00

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

B594302006

Bond Amount

R1500000.00

Comment

 

 

 

Property Interests for JACOBUS FOUCHE

 

Title Deed No.

T10088/2007

Erf/Site No.

8160

Deeds Office

CAPE TOWN

Physical Address

LANGEBAAN

Property Type

F

Extent / Size

929.00000000

Purchase Date

2004/01/25

Purchase price

R 270000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA LTD

Bond Number

B132352007

Bond Amount

R 270000.00

Comment

 

 

 

Property Interests for JACOBUS FOUCHE

Title Deed No.

T10088/2007

Erf/Site No.

8160

Deeds Office

CAPE TOWN

Physical Address

LANGEBAAN

Property Type

F

Extent / Size

929.00000000

Purchase Date

2004/01/25

Purchase price

R 270000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA LTD

Bond Number

B132352007

Bond Amount

R 270000.00

Comment

 

Property Interests for JACOBUS FOUCHE

Title Deed No.

T10089/2007

Erf/Site No.

8163

Deeds Office

CAPE TOWN

Physical Address

LANGEBAAN

Property Type

F

Extent / Size

832.00000000

Purchase Date

2004/01/25

Purchase price

R 270000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA LTD

Bond Number

B132362007

Bond Amount

R 270000.00

Comment

 

Property Interests for JACOBUS FOUCHE

Title Deed No.

T10089/2007

Erf/Site No.

8163

Deeds Office

CAPE TOWN

Physical Address

LANGEBAAN

Property Type

F

Extent / Size

832.00000000

Purchase Date

2004/01/25

Purchase price

R 270000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA LTD

Bond Number

B132362007

Bond Amount

R 270000.00

Comment

 

Property Interests for JACOBUS FOUCHE

Title Deed No.

T42833/2010

Erf/Site No.

8163

Deeds Office

CAPE TOWN

Physical Address

LANGEBAAN COUNTRY ESTATE LANGEBAAN

Property Type

E

Extent / Size

 

Purchase Date

2009/07/29

Purchase price

R150000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

B132362007

Bond Amount

R 270000.00

Comment

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.30

UK Pound

1

Rs.99.34

Euro

1

Rs.80.70

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

Report Prepared by :

NIS

 

               

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.