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Report No. : |
312010 |
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Report Date : |
18.03.2015 |
IDENTIFICATION DETAILS
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Name : |
INTERLINKAGES CONSULTANCY LTD. |
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Registered Office : |
Unit C, 8/F., Ho Lee Commercial Building, 38-44 D’Aguilar Street, Central |
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Country : |
Hongkong |
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Date of Incorporation : |
26.11.2012 |
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Com. Reg. No.: |
60665163 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Providing Consultant Services. |
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No. of Employees : |
3 |
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 : |
Small Company |
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Payment Behaviour : |
Slow but correct |
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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
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Hongkong |
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 |
HONGKONG - 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 34.9
million in 2012, 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
46.6% of the firms listed on the Hong Kong Stock Exchange and accounted for
about 57.4% 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.
|
Source
: CIA |
INTERLINKAGES
CONSULTANCY LTD.
ADDRESS: Unit
C, 8/F., Ho Lee Commercial Building, 38-44 D’Aguilar Street, Central,
Hong Kong.
PHONE: 852-2501
4569
E-MAIL: query@inter-linkages.com
Managing Director:
Ms. Anindita Ghosh
Incorporated on: 26th November, 2012.
Organization: Private Limited Company.
Issued Share Capital: HK$1,100,000.00
Business Category: Consultant
Service Provider.
Employees: 3.
Main Dealing Banker: The
Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
Registered Head
Office:-
Unit C, 8/F., Ho Lee Commercial Building, 38-44 D’Aguilar
Street, Central, Hong Kong.
60665163
1830601
Managing Director:
Ms. Anindita Ghosh
(Hong Kong Mobile:
852-6144 3377)
HK$1,100,000.00
(As per registry
dated 26-11-2014)
|
Name |
|
No. of shares |
|
Anindita GHOSH |
|
1,080,000 |
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Dhanuka ROUNAK |
|
20,000 |
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–––––––– |
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Total: |
1,100,000 ======= |
(As per registry
dated 26-11-2014)
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Name (Nationality) |
Address |
|
Anindita GHOSH |
Flat B, 39/F., Tower 7, The Waterfront, Tsimshatsui,
Kowloon, Hong Kong. |
(As per registry
dated 26-11-2014)
|
Name |
Address |
Co. No. |
|
Global Associates Ltd. |
Unit A, 10/F., Tack Building, 48 Gilman Street,
Central, Hong Kong. |
1695695 |
The subject was incorporated on 26th November, 2012 as a
private limited liability company under the Hong Kong Companies Ordinance.
Apart from these, neither material change nor amendment
has been ever traced and noted.
Activities & Lines: Consultant
Service Provider.
Employees: 3.
Commodities Imported: Not
applicable.
Business Territories:
Hong Kong, China, other Asian countries,
etc.
Terms/Sales/Services:
As per contracted.
Terms/Buying: Various terms.
Issued Share Capital: HK$1,100,000.00
Profit or Loss: Kept
a balance account in 2014.
Condition: Business
is improving.
Facilities: Adequate for current running.
Payment: Slow but correct
Commercial Morality:
Satisfactory.
Banker: The Hongkong &
Shanghai Banking Corp. Ltd., Hong Kong.
Standing: Small.
Having issued 1.1 million
ordinary shares of HK$1.00 each, Interlinkages Consultancy Ltd. is jointly
owned by Ms. Anindita Ghosh, holding 98.2% interests; Mr. Dhanuka Rounak,
holding 0.8%. The former is also
director of the subject. She is a Hong
Kong ID holder and has got the right to reside in Hong Kong permanently. She can be reached at his Hong Kong mobile
phone number 852-6144 3377.
The subject
capitalizes on synergies arising from trade and investment linkages between
countries and knowledge of non-traditional pools of liquidity to provide
consultancy services to Emerging country banks, Corporates and SMEs, especially
for medium and long term financing. The
Consultancy also provides bank neutral views to Corporates and SMEs in Asian
emerging markets and helps in improving financial structure and efficient use
of funds.
The subject’s
endeavour is to provide a distinct bottom line advantage to its clients. It plans to invest actively in developing
technology platform for better distribution, disintermediation, efficient
process flow and cost effective delivery of solutions.
The expertise of the
subject is the follow:-
· Structured solutions for Corporates and SMEs;
· Off Balance Sheet Solutions;
· Structured Trade Finance Solutions;
· Structured Long Term Funding Solutions;
· RMB Trade Finance Solutions; &
· Raising Alternate Liabilities.
The business of the
subject is chiefly handled by the two shareholders. History in Hong Kong is just over two years
and three months.
On the whole, since
the history of the subject is short in Hong Kong, consider it good for normal
credit requirements on L/C basis.
Brief Personal
Profile of the Principal Director:
Ms.
Anindita GHOSH is the founder director of the subject. Anindita worked as the Alternate Chief
Executive of ICICI Bank, Hong Kong Branch until Jan 2013, heading Corporate
Banking business in North Asia and Export Credit Agency business globally.
Anindita started her
banking career with ICICI Bank Ltd, India’s second largest bank in the year 2002
and in the next 10 years handled multiple leadership responsibilities in the
Corporate, Institutional and International Banking space across India, North
Asia, Americas and Europe.
Anindita’s Corporate
Banking experience includes her roles as Zonal Manager for Western Region in
India (Agriculture related Corporates) and Corporate Banking Head for North
Asia where she managed structured complex transactions with some of the well
know Corporate names.
Anindita’s
Institutional banking experience includes her roles as Regional Head for
Americas and Europe and Global Head of Export Credit Agency business where she
managed relationships with over 450 financial institutions globally with a
focus to expand business in the area of Trade, Treasury and other funded &
unfunded products. The responsibility also included leveraging these
relationships for international resource raising for ICICI Bank and she handled
many landmark resource raising deals for ICICI Bank.
Prior to joining
ICICI Bank, Anindita worked in the manufacturing industry where she worked on
product development, strategic planning and business modelling for Mergers
& Acquisitions.
Anindita is a
management graduate from Indian Institute of Management, Ahmedabad and also
hold a Masters in Science. She has been
a regular speaker at international Forums like BRICs, Plant & Industry
Forum in various countries.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.69 |
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|
1 |
Rs.92.99 |
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Euro |
1 |
Rs.66.37 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
NIT |
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.