MIRA INFORM REPORT

 

 

Report No. :

335419

Report Date :

11.08.2015

 

IDENTIFICATION DETAILS

 

Name :

TECHCOMP (MACAO COMMERCIAL OFFSHORE) LIMITED

 

 

Registered Office :

Em Macau, Rua De Pequim No. 230-246, Centro Financeiro, F7

 

 

Country :

Macau

 

 

Date of Incorporation :

12.09.2006

 

 

Com. Reg. No.:

SO 25387

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Trading of Analytical Instruments.

 

 

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

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, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Macau

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

MACAU - ECONOMIC OVERVIEW

 

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. In 2014, Macau's gaming-related taxes accounted for more than 83% of total government revenue. Macau's economy slowed dramatically in 2009 as a result of the global economic slowdown, but strong growth resumed in 2010-13, largely on the back of tourism from mainland China and the gaming sectors. In 2014, this city of 636,200 hosted nearly 31.5 million visitors. Almost 67% came from mainland China. Macau's traditional manufacturing industry has slowed greatly since the termination of the Multi-Fiber Agreement in 2005. Services export—primarily gaming—increasingly has driven Macau’s economic performance. Mainland China’s ongoing anti-corruption campaign has brought Macau’s gambling boom to a halt, with spending in casinos contracting 2.6% in 2014. As a result, Macau's inflation-adjusted GDP contracted 0.4% from 2013, down from double-digit expansion rates in 2010-13. Non-inflation adjusted exports of goods and services dropped 0.4% from 2013, reflecting the slowdown in gaming exports. Macau continues to face the challenges of managing its growing casino industry, risks from money-laundering activities, 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

 


Company Details

 

Company Name (in Chinese):

天美(澳門離岸商業服務) 有限公司

Company Name (in English):

TECHCOMP (MACAO COMMERCIAL OFFSHORE) LIMITED

Company Name (in Portuguese):

TECHCOMP (COMERCIAL OFFSHORE DE MACAU) LIMITADA

Supplied Name:

TECHLOMP (MACAO COMMERCIAL OFFSHORE) LIMITED.

Trading Address:

Em Macau, Rua De Pequim No. 230-246, Centro Financeiro, F7

Supplied Address:

EM MACAO RUA DE PEQUIM NOS 202A-246 CENTRO FINANCEIRO F7 MACAO.

Telephone Number:

+853-2870-5076

Fax Number:

+853-2870-5072

E-mail:

techcomp@techcomp.com.hk

 

 Note: The exact address is as above.

 

 

Company Identification Details

 

Registered Name:

Techcomp (Macao Commercial Offshore) Limited

Registered Address:

Em Macau, Rua De Pequim No. 230-246, Centro Financeiro, F7

Date of Registration:

2006-09-12

Business Registered Number:

SO 25387

Legal Form:

Private Limited Liability Company

Registered Capital:

MOP 10,000,000 (USD 1,214,000)

(As of 2015.8, 1 MOP = 0.1214USD)

Principal Activities:

Trading of analytical instruments.

Staff:

N/A

Listed at Stock Exchange:

No

Information Ended at:

2015-07-29

 

Note: Subject declined to disclose the number of staff, and we cannot obtain the information from other source, either.

 

 

History

 

Subject was incorporated on 2006-09-12 with registered number SO 25387 as Private Limited Liability Company in Macao.

 

Corporate Structure

 

Parent Company

Name:

Techcomp Scientific Limited

Registered Address:

Palm Grove House, P.o. Box 3190, Road Town, Tortola, British Virgin Islands

 

Group Offices

1

Address:

6/F, Mita Centre, 552-566 Castle Peak Road, Kwai Chung, Kowloon, Hong Kong

Tel:

+852-2751-9488

Fax:

+852-2751-9477

E-mail:

techcomp@techcomp.com.hk

2

Address:

2 International Business Park, #09-06 The Strategy Tower 1, Singapore 609930

Tel:

+65-6267-8921

Fax:

+65-6267-8923

E-mail:

techcomp@techcomp.com.sg

3

Address:

906,9th Floor, Pearls Best Heights - I, Plot A5, Netaji Subhash Place, Pitampura, New Delhi 110034.

Tel:

+ 91-11-45686601-04

Fax:

+91-11-45686612

E-mail:

india@techcomp.com.sg

4

Address:

99/349 Na-Nakorn Building 7th Floor, Moo 2, Cheangwattana Rd., Tungsonghong, Laksi, Bangkok 10210, Thailand.

Tel:

+66-2-576-1629

Fax:

+ 66-2-576-1630

E-mail:

thailand@techcomp.com.sg

5

Address:

Techcomp Building, Tamini Interchange, JI Raya Pondok Gede No. 5, Dukuh, Kramat Jati, Jakarta 13550, Indonesia

Tel:

+62-21-8087-8498

Fax:

+62-21-80882751

E-mail:

indonesia@techcomp.com.sg

6

Address:

1/F & 3/F, Building 7, Tianchangyuan, Hongjunying South Road, Chaoyang District, Beijing, 100107, China.

Tel:

+86-10-6401-0651

Fax:

+86-10-6406-0202

E-mail:

beijing@techcomp.cn

 

Group Factory

Address:

Building 16, No.201 Minyi Road, Songjiang District, Shanghai, 201612, China.

Tel:

+86-21-6768-7200

Fax:

+86-21-6768-7190

E-mail:

sh-factory@techcomp.cn

 

Shareholder

Unit: MOP

Name

Subscription Amount

Proportion of Investment (%)

Techcomp Scientific Limited

10,000,000

100%

Total

10,000,000

100%

 

Shareholder Information:

Name:

Techcomp Scientific Limited

Address:

Palm Grove House, P.O. Box 3190, Road Town, Tortola, British Virgin Islands

 

 

Management Information

 

Core Management

 

Administrators:

1

Name:

Sin Sheung Nam

Address:

Block Q, 10/F, Zijuanyuan Jardins do Oceano, Taipa, Macao

Position:

Director

Marital Status:

Married

Gender:

Male

2

Name:

Xu Songhua

Address:

3E, Hillcrest Road, Singapore, S286664

Position:

Director

Marital Status:

Married

Gender:

Female

3

Name:

Sin Sheung Nam

Address:

Block Q, 10/F, Zijuanyuan Jardins do Oceano, Taipa, Macao

Position:

Secretary

Authorized Signatures

Any one of the above Administrators can sign on behalf of the subject with seal affixed.

 

 

Operation Information

 

Offices & Factories

 

 

Office

Address:

Em Macau, Rua De Pequim No. 230-246,  Centro Financeiro F7

Area:

43.72 Square Meters

Owned /Rented:

Rented

 

 

Premises Information

 

Office address:

Address:

Em Macau, Rua De Pequim No. 230-246,  Centro Financeiro F7

Owners:

Lou Chu Kei & Tang U Fai

Matriz:

71780

Nature:

Urbano

Duration:

25 Years; from 1991-04-12

 

 

Production Information

 

Subject is a trader of analytical instruments, etc. without any production activities.

It is introduced that subject’s group company has factories in Mainland China for production.

 

Purchase Information

 

It is introduced that subject purchased its products in its group company in Mainlan China.

 

Sales Information

 

Subject is engaged in sales of analytical instruments.

The major products are analytical instruments, surface science instrument & electron microscopes, life science and general lab equipment and so on.

It is introduced that the products of subject are applied for surface science, chemical analysis, life science and general lab.

It is introduced that subject also provide after-sale service for customers.

It is introduced that subject’s group has many companies in Hong Kong, Mainland China, Singapore, Thailand, Vietnam, India, America, England, France, and Germany.

Subject’s sales regions include domestic market, Japan, South Korea and Austrilia.

Subject’s major customers are labs and hospitals.

 

 

Settlements

 

Purchase

 

Domestic Purchase

Products

Analytical instruments

Payment Terms

T/T, Interrior settlement, Cash

 

Import

 

Subject has little import.

 

Sales

 

Domestic Markets

Product

Analytical instruments

Selling Terms

T/T, Cash

 

Export

Product

Analytical instruments

Selling Terms

L/C, T/T

 

 

Financial Information

 

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.

 

Bankers

 

Subject declined to disclose its bank details; from other source we cannot obtain the relevant information, either.

 

Special Note

 

Interview Details:

Name:

Ms. Guo

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.76

UK Pound

1

Rs.98.76

Euro

1

Rs.69.88

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

TPT

 

               

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.