MIRA INFORM REPORT
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Report No. : |
324138 |
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Report Date : |
02.06.2015 |
IDENTIFICATION DETAILS
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Name : |
MYRA
INTERNATIONAL LIMITED |
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Registered Office : |
Unit M, 1F, Mau Lam Commercial Bldg., 16-18 Mau Lam St., Jordan, Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
03.03.2015 |
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Com. Reg. No.: |
2207488 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Not Available [We tried to confirm / obtain the detailed activity but the same is
not available from any sources |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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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 – December 31, 2014
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Hong Kong |
A1 |
A1 |
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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 |
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% of total system deposits in Hong Kong by the end of 2013. 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 40.7 million in 2013, 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 2012 mainland Chinese companies constituted about 48.5% of the firms listed on the Hong Kong Stock Exchange and accounted for about 56.9% 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% in 2013. 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 2013, Hong Kong and China signed new agreements under the Closer Economic Partnership Agreement, adopted in 2003 to forge closer ties between Hong Kong and the mainland. The new measures, effective from January 2014, cover services and trade facilitation, and will improve access to the mainland's service sector for Hong Kong-based companies. As of year-end 2014, the Democracy protests that began in late September probably will have some adverse effects on economic growth, particularly retail sales.
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Source
: CIA |
Company
name and address
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Company
Name: |
Myra
International Limited |
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Supplied
Name: |
MYRA
INTERNATIONAL LIMITED |
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Supplied
Address: |
UNIT
E-1, 16-18 MAU LAM COMM. BUILDING, MAU LAM STREET, JORDAN HONGKONG. |
Special
Note
We cannot find subject’s any operation information or
valid contact information in Hong Kong through public files according to
supplied name.
We visited the supplied address (1F, Mau Lam Comm.
Bldg., 16-18 Mau Lam St., Jordan, Kowloon, Hong Kong), but did not find the
subject locating on it. We found a company secretary named Butter Group of
Company is located on it. The relevant staff on the address declined to
disclose any information about the subject for confidential reasons.
As the registered address of the subject is also
that of the above company secretary, we cannot obtain any information of the
subject according to it.
Based on subject’s registered files and our
investigation, we consider subject as an offshore company.
We found subject’s registered files from local
registry, supplying as following for reference.
Company
Identification Details
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Registered Name: |
|
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Registered Address: |
Unit M, 1F, Mau
Lam Commercial Bldg., 16-18 Mau Lam St., Jordan, Kowloon, Hong Kong |
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Date of Registration: |
2015-3-3 |
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Registered Number: |
2207488 |
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Business Registration No.: |
64456077 |
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Registered Capital: |
HKD 10,000 (USD 1,290) (As of 2015.05, 1 HKD = 0.129 USD) |
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Paid-up Capital: |
HKD 10,000 (USD 1,290) = 10,000 Shares@ HKD 1 |
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Legal Form: |
Private Limited Liability Company |
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Listed at Stock Exchange: |
No |
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Date of Last Annual Return: |
-- |
History
Subject was incorporated on 2015-3-3 with the
registered number 2207488 as Private Limited Liability Company in Hong Kong.
Change
of Capital:
Particulars of the increase are as follows:
|
Date of Resolution |
Registered Capital |
Amount of Additional Capital |
New Amount of Total Registered Capital |
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2015-3-3 |
1 |
9,999 |
10,000 |
The additional Capital is divided as follows:
|
Class of Shares |
Number of Shares |
Nominal Value per Share |
|
Ordinary |
9,999 |
1 HKD |
Corporate
Structure
Subject did not register any subsidiaries or branches; from other
source we could not obtain the relevant information, either.
Shareholders
|
Subscription Shares |
Proportion of Investment (%) |
|
|
Indiandirectory. HK Limited |
1 |
0.01% |
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Kumar Rajesh Kavita |
9,999 |
99.99% |
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Total |
10,000 |
100% |
Major
Shareholder Information:
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1 |
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Name: |
Indiandirectory. HK Limited |
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Address: |
Unit I, 1F, Mau Lam Commerical Building, 16-18 Mau
Lam St., Jordan, Kowloon, Hong Kong |
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2 |
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Name: |
Kumar Rajesh Kavita |
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Address: |
B-30 Pink Appts, Near White House, Paschim Vihar,
Delhi, India |
Management
Information
Core Management
Detailed
Information of Directors:
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1 |
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Name: |
Kumar Rajesh Kavita |
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Address: |
B-30 Pink Appts, Near White House, Paschim Vihar,
Delhi, India |
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Position: |
Director |
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Passport Number: |
L1565149 |
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Issuing Country: |
India |
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Date of Appointment: |
2015-3-3 |
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2 |
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Name: |
Buttar Secretarial Limited |
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Address: |
Unit 13, 16F, Asia Trade Centre, No. 79 Lei Muk
Rd., Kwai Chung, NT, Hong Kong |
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Position: |
Corporate Secretary |
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Registered Number: |
2086550 |
Former
Director
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Name: |
Singh Kuldeep |
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Address: |
1F, Mau Lam Commerical Building, 16-18 Mau Lam
St., Jordan, Kowloon, Hong Kong |
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Position: |
Director |
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ID Number: |
P018043 |
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Date of Resignation: |
2015-3-3 |
Operation
Information
Subject does not have business entity in Hong Kong.
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; 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
No mortgage record of the subject was found.
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 |
Attachment
Address:
1F, Mau Lam Comm. Bldg., 16-18 Mau Lam St., Jordan, Kowloon, Hong Kong
Mau
Lam Comm. Bldg., 16-18 Mau Lam St., Jordan, Kowloon, Hong Kong
1F,
Mau Lam Comm. Bldg., 16-18 Mau Lam St., Jordan, Kowloon, Hong Kong
1F,
Mau Lam Comm. Bldg., 16-18 Mau Lam St., Jordan, Kowloon, Hong Kong
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.61 |
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|
1 |
Rs.97.27 |
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Euro |
1 |
Rs.69.63 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
VNT |
RATING EXPLANATIONS
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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.