MIRA INFORM REPORT
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Report No. : |
331459 |
|
Report Date : |
18.07.2015 |
IDENTIFICATION DETAILS
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Name : |
OCEAN WINNER MAIN COMPANY LIMITED |
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Registered Office : |
Flat B, 13/F., Block B, Vigor Industrial Building,
14-20 Cheung Tat Road, Tsing Yi, N.T. |
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Country : |
Hong Kong |
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Date of Incorporation : |
16.07.1997 |
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Com. Reg. No.: |
21102734 |
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Legal Form : |
Private Limited Liability Company |
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LINE OF BUSINESS : |
FROM PUBLIC FILES, WE ONLY FOUND SUBJECT IS ENGAGED IN SALE
OF FISH AND SEAFOOD, BUT WHICH IS NOT CONFIRMED BY THE SUBJECT. |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Hong Kong |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
HONG KONG - ECONOMIC OVERVIEW
Hong Kong has a free market economy, highly dependent on
international trade and finance - the value of goods and services trade,
including the sizable share of re-exports, is about four times GDP. Hong Kong
has no tariffs on imported goods, and it levies excise duties on only four
commodities, whether imported or produced locally: hard alcohol, tobacco,
hydrocarbon oil, and methyl alcohol. There are no quotas or dumping laws. Hong
Kong's open economy left it exposed to the global economic slowdown that began
in 2008. Although increasing integration with China, through trade, tourism,
and financial links, helped it to make an initial recovery more quickly than
many observers anticipated, its continued reliance on foreign trade and
investment leaves it vulnerable to renewed global financial market volatility
or a slowdown in the global economy. The Hong Kong government is promoting the
Special Administrative Region (SAR) as the site for Chinese renminbi (RMB)
internationalization. Hong Kong residents are allowed to establish
RMB-denominated savings accounts; RMB-denominated corporate and Chinese
government bonds have been issued in Hong Kong; and RMB trade settlement is
allowed. The territory far exceeded the RMB conversion quota set by Beijing for
trade settlements in 2010 due to the growth of earnings from exports to the
mainland. RMB deposits grew to roughly 12.5% of total system deposits in Hong
Kong by the end of 2014. The government is pursuing efforts to introduce
additional use of RMB in Hong Kong financial markets and is seeking to expand
the RMB quota. The mainland has long been Hong Kong's largest trading partner,
accounting for about half of Hong Kong's total trade by value. Hong Kong's
natural resources are limited, and food and raw materials must be imported. As
a result of China's easing of travel restrictions, the number of mainland
tourists to the territory has surged from 4.5 million in 2001 to 47.3 million
in 2014, outnumbering visitors from all other countries combined. Hong Kong has
also established itself as the premier stock market for Chinese firms seeking
to list abroad. In 2014 mainland Chinese companies constituted about 50% of the
firms listed on the Hong Kong Stock Exchange and accounted for about 60.1% of
the Exchange's market capitalization. During the past decade, as Hong Kong's
manufacturing industry moved to the mainland, its service industry has grown
rapidly. Credit expansion and tight housing supply conditions have caused Hong
Kong property prices to rise rapidly; consumer prices increased by more than
4.4% in 2014. Lower and middle income segments of the population are
increasingly unable to afford adequate housing. Hong Kong continues to link its
currency closely to the US dollar, maintaining an arrangement established in
1983. In 2014, Hong Kong and China signed a new agreement on achieving basic
liberalization of trade in services in Guangdong Province under the Closer
Economic Partnership Agreement, adopted in 2003 to forge closer ties between Hong
Kong and the mainland. The new measures, effective from March 2015, cover a
negative list and a most-favored treatment provision, and will improve access
to the mainland's service sector for Hong Kong-based companies.
|
Source
: CIA |
Contact
Points
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Company Name (in English): |
OCEAN WINNER MAIN COMPANY LIMITED |
|
Supplied Name: |
Ocean Winner Main Co Ltd |
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Trading Address: |
Flat F, 37/F Tower 7, Tierra Verda, 33A Tising King Road, Tising Yi
Island, New Territories, Hong Kong |
|
Supplied Address: |
Flat F 37/ F Tower, 7 Tierra Verda, 33A Tising King Road, Tising yi
island, new territories, Hong Kong |
Note: The exact name and address are as above.
Special
Note
We confirmed the name and address with
relevant staff of subject, but he declined to disclose any further information
including the operation information, and declined to transfer the telephone to
other people.
From public files, we only found subject is engaged
in sale of fish and seafood, but which is not confirmed by the subject.
We found subject’s registration information as
follows for reference.
Company
Identification Details
|
Registered Name: |
|
|
Registered Address: |
Flat B, 13/F.,
Block B, Vigor Industrial Building, 14-20 Cheung Tat Road, Tsing Yi, N.T.,
Hong Kong |
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Telephone Number: |
+852-2405-3201 |
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Date of Registration: |
1997-07-16 |
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Registered Number: |
617462 |
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Business Registration No.: |
21102734 |
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Paid-up Capital: |
HKD 500,000 (USD 64,500) = 500,000 Shares@
HKD 1 (As of 2015.7, 1 HKD = 0.129 USD) |
|
Legal Form: |
Private Limited Liability Company |
|
Principal Activities: |
N/A |
|
Staff: |
N/A |
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Listed at Stock Exchange: |
No |
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Date of Last Annual Return: |
2014-07-16 |
Notes: Subject declined
to disclose the number of staff and principle activities, and we cannot obtain
the information from other source, either.
History
Subject was incorporated on 1997-07-16 with
the registered number 617462 as Private Limited Liability Company in Hong Kong.
Corporate
Structure
Subject did not register
any subsidiaries or branches, from other source we can not obtain the relevant
information, either.
Shareholders
|
Subscription Shares |
Proportion of Investment (%) |
|
|
Winarto |
299,999 |
59.999% |
|
Yasa Putra, Erlina |
200,000 |
40% |
|
C.M. Secretaries Limited |
1 |
0.001% |
|
Total |
500,000 |
100% |
Major Shareholders’ Information:
|
1 |
|
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Name: |
Winarto |
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Address: |
JL Kertajayaindah Tengah, F-316 Surabaya,
Indonesia |
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2 |
|
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Name: |
Yasa Putra, Erlina |
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Address: |
Unit E-F, 37/F., Tower 7, Tierra Verde, 33 Tsing
King Road, Tsing Yi, N.T., Hong Kong |
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3 |
|
|
Name: |
C.M. Secretaries Limited |
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Address: |
Room 1802, 18/F., Kai Tak Commercial
Building, 317 Des Voeux Road Central, Hong Kong |
Management
Information
Core Management
Detailed Information of Directors:
|
1 |
|
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Name: |
Yasa Putra, Erlina |
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Address: |
Unit E-F, 37/F., Tower 7, Tierra Verde, 33
Tsing King Road, Tsing Yi, N.T., Hong Kong |
|
Position: |
Director |
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ID Number: |
R080256(4) |
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2 |
|
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Name: |
Winarto |
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Address: |
JL Kertajayaindah Tengah, F-316 Surabaya,
Indonesia |
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Position: |
Director |
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Passport Number: |
N068416 |
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Issuing Country: |
Indonesia |
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3 |
|
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Name: |
C.M. Secretaries Limited |
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Address: |
Room 1802, 18/F., Kai Tak Commercial Building,
317 Des Voeux Road Central, Hong Kong |
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Position: |
Company Secretary |
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Registered Number: |
198318 |
Operation
Information
Offices &
Factories
|
|
Office |
|
Address: |
Flat F, 37/F Tower 7, Tierra Verda, 33A Tising King Road, Tising Yi Island,
New Territories, Hong Kong |
Premises
Information
Office address:
|
Address: |
Flat F, On 37th Floor of Tower 7, Tierra
Verde, No.33 Tsing King Road, Tsing Yi, New Territories |
|
Owners: |
Ocean Winner Main Company Limited |
|
Memorial Number: |
TW1350842 |
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Date of Instrument: |
2000-05-22 |
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Date of Registration: |
2000-06-10 |
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Consideration Value: |
HKD 3,350,000 |
History of
Premises Owners’
|
1 |
|
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Memorial No.: |
07052502290171 |
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Date of Instrument: |
2007-04-30 |
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Date of Registration: |
2007-05-25 |
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Nature: |
Consent Letter With Plan Re Covered Walkway |
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2 |
|
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Memorial No.: |
TW1622236 |
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Date of Instrument: |
2004-11-26 |
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Date of Registration: |
2005-02-03 |
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Nature: |
Consent Letter With Plan Re Covered Walkway |
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3 |
|
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Memorial No.: |
TW1526593 |
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Date of Instrument: |
2003-06-30 |
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Date of Registration: |
2003-07-04 |
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Nature: |
Certificate of compliance |
Operation
Information
From public files, we only found subject is engaged
in sale of fish and seafood, but which is not confirmed by the subject.
Since the subject declined to disclose any
operation information, the related information is not available.
Financial
Information
The subject has no
obligation to supply its financial statement to the third party according to
the relevant policy in Hong Kong 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, and from other sources we could not obtain such
information, either.
Bankers
Subject declined to disclose its bank details; from other source we
could not obtain the relevant information, either.
Public
Mortgage Record
|
1 |
|
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Company Name: |
Ocean Winner Main Company Limited |
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Instrument of Creating Mortgage: |
Mortgage |
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Date of Creating Mortgage: |
2000-05-22 |
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Amount Secured: |
To secure “all monies” in respect of general
banking facilities and interest thereon. |
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Name of Mortgagee: |
Dao Heng Bank Limited |
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Address of Mortgagee: |
11th Floor, The Center, 99
Queen’s Road Central, Hong Kong |
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Description of Property Mortgaged: |
68/935, 384th parts or shares of and in Tsing
Yi Town Lot No. 132 (Flat F on the 37th Floor of Tower 7 of Tierra Verde,
Tsing Yi, New Territories, Hong Kong) |
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2 |
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Company Name: |
Ocean Winner Main Company Limited |
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Instrument of Creating Mortgage: |
Equitable Mortgage |
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Date of Creating Mortgage: |
1998-12-21 |
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Amount Secured: |
“All moneys” in respect of general banking
facilities |
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Name of Mortgagee: |
Dao Heng Bank Limited |
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Address of Mortgagee: |
11th Floor, The Center, 99
Queen’s Road Central, Hong |
|
Description of Property Mortgaged: |
All that the estate right title benefit and
interest of and in all those 68 equal undivided 935, 384th parts or shares of
and in all that piece or parcel of ground registered in the Tsuen Wan New
Territories Land Registry as Tsing Yi Town Lot No. 132 and of and in the
entire development now under construction thereon comprising the Residential
Accommodation and the Residential Car Park to be known as “Tierra Verde”, the
commercial development, the MTR Complex, the government accommodation and the
kindergarten (as defined in the agreement hereinafter mentioned) (“the
development”). Together with the exclusive right, and privilege to hold use
occupy and enjoy all that Flat F in the 37th Floor of Tower 7 of Tierra Verde
of the development comprised in an agreement for sale and purchase dated 5th
days of November 1998. |
Lawsuits
Up to now, no present or latent litigation of
the subject has been found.
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High Court Action: |
Clear |
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High Court Baukufty Bankruptcy Proceedings: |
Clear |
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High Court Commercial Action: |
Clear |
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High Court Construction & Arbitration
Proceedings: |
Clear |
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High Court Companies Winding-Up: |
Clear |
Special
Note
Interview Details
|
Name |
The Operator |
Note: The person interviewed declined to
disclose his name.
Attachment
We visited the following address and confirmed subject located on it
with the relevant staff of subject, but the guard of the building did not let
us take photos in it.
33A Tising King Road, Tising Yi Island, New Territories, Hong Kong
Tierra Verda, 33A Tising King Road, Tising Yi Island, New Territories,
Hong Kong
--------- End of the
Report ----------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.49 |
|
|
1 |
Rs.99.43 |
|
Euro |
1 |
Rs.69.14 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
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Report Prepared
by : |
SDA |
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 |
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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 |
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.