MIRA INFORM REPORT
|
Report No. : |
342316 |
|
Report Date : |
26.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
IMIX ADR LIMITED |
|
|
|
|
Registered Office : |
Suites 3313-17, Jardine House, 1 Connaught
Place, Central |
|
|
|
|
Country : |
Hongkong |
|
|
|
|
Date of Incorporation : |
14.06.2002 |
|
|
|
|
Com. Reg. No.: |
32772257 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Trading of medical radiographic system
equipment. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
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) |
|
Hongkong |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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 12.5% 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
|
Company Name (in English): |
Imix Adr Limited |
|
Supplied Name: |
IMIX ADR LTD |
|
Supplied Address: |
JARDINE HOUSE,
SUITE 3313-3317 I, CONNAUGHT PLACE CENTRE CENTRAL HONG KONG |
Note: The exact name is as above.
Company Identification Details
|
Registered Name: |
|
|
Registered Address: |
Suites 3313-17, Jardine House, 1 Connaught
Place, Central, Hong Kong |
|
Telephone Number: |
+852-6271-5886 |
|
Date of Registration: |
2002-06-14 |
|
Registered Number: |
802071 |
|
Business Registration No.: |
32772257 |
|
Paid-up Capital: |
HKD 78,759,528.93 (USD 10,159,979.23) = 29,997 Shares @ HKD 2625.6 (As of 2015.09, 1 HKD = 0.129 USD) |
|
Legal Form: |
Private Limited Liability Company |
|
SITC Code: |
77421-- Apparatus based on the use of x-rays (No.) |
|
Principal Activities: |
Trading of medical radiographic system equipment, etc. |
|
Staff: |
N/A |
|
Listed at Stock Exchange: |
No |
|
Date of Last Annual Return: |
2015-06-14 |
Notes: Subject declined to
disclose the number of staff, and we cannot obtain the information from other
source, either. The supplied Number +852-2868-4339 is not available.
History
Subject was incorporated on 2002-06-14 with the registered number 802071
as Private Limited Liability Company in Hong Kong.
Transfer of Shares:
|
2014-07-31 |
||
|
Transferred From |
No. of Shares Transferred |
Transferred To |
|
IMIX Holding AB |
29,997 |
Arcoma Aktiebolag |
Corporate Structure
Related Companies
|
Name: |
Arcoma North America, Inc. |
|
Address: |
23112 Alcalde Drive, Suite A Laguna Hills, California 92653 USA |
|
Phone: |
+1-704-897-0305 |
|
E-mail: |
Group Offices
|
1 |
|
|
Region: |
Europe, Middle-East and Africa |
|
Name: |
Arcoma AB |
|
Address: |
Annavagen 1, S-352 46 Vaxjo, Sweden |
|
Phone: |
+46-4-7070-6970/6900 |
|
E-mail: |
|
|
2 |
|
|
Region: |
Americas |
|
Phone: |
+1-704-897-0305 |
|
E-mail: |
|
|
3 |
|
|
Region: |
Asia-Pacific |
|
Phone: |
+86-135-0108-9559 |
|
E-mail: |
|
Shareholder
|
Subscription Shares |
Proportion of Investment (%) |
|
|
Arcoma Aktiebolag |
29,997 |
100% |
|
Total |
29,997 |
100% |
Major Shareholder Information:
|
1 |
|
|
Name: |
Arcoma Aktiebolag |
|
Address: |
Annavagen 1, S-352 46 Vaxjo, Sweden |
Former Shareholder Information:
|
Name: |
IMIX Holding AB |
|
Address: |
Annavagen 1, S-352 46 Vaxjo, Sweden |
Management Information
Core Management
Detailed Information of Directors:
|
1 |
|
|
Name: |
Reinli Peter Willi Fredrik |
|
Address: |
Flat 26B, No.2 Park Road, Mid Levels West, Hong Kong |
|
Position: |
Director |
|
ID Number: |
P822952 (3) |
|
2 |
|
|
Name: |
Mannheimer Swartling Hong Kong Limited |
|
Address: |
Suites 3313-17, Jardine House, 1 Connaught Place, Central, Hong Kong |
|
Position: |
Corporate Secretary |
|
Registered Number: |
1073669 |
Operation
Information
Offices &
Factories
We cannot confirm subject current trading address at this stage.
Production
Information
Subject is a trader
of medical radiographic system
equipment, etc.
Purchase
Information
It is introduced that
the products of subject are mostly purchased from abroad.
Sales
Information
Subject is engaged
in sales of medical radiographic system
equipment, etc.
The major products
are complete radiographic system, radiographic system components and mobile imaging
tables, etc.
Subject’s sales
regions include domestic market, Southeast Asia, North America and Europe, etc.
It is introduced
that subject has sales offices in Mainland China and USA.
Subject’s major
customers are hospitals, clinics, imaging centers and private practices, etc.
Settlements
Purchase
Domestic Purchase
Subject has little domestic purchase.
Import
|
Products |
Medical radiographic system equipment, etc. |
|
Payment Terms |
L/C, T/T, etc. |
Sales
Domestic Markets
|
Product |
Medical radiographic system equipment, etc. |
|
Selling Terms |
T/T, Cash, etc. |
Export
|
Product |
Medical radiographic system equipment, etc. |
|
Selling Terms |
L/C, T/T, etc. |
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
Up to now, no present or latent civil litigation of the subject has been
found.
Mortgage Record
|
Company Name: |
Imix Adr Limited |
|
Instrument of Creating Mortgage: |
Debenture |
|
Date of Creating Mortgage: |
2007-07-17 |
|
Amount Secured: |
By clause 2 of the Debenture, the Secured Obligations |
|
Name of Mortgagee: |
Svenska Handelsbanken AB (publ), Shanghai Branch (the “Bank”) |
|
Address of Mortgagee: |
Room 408-410, Bund No.12 Building, Zhongshan Dong Yi Road, Shanghai
20002 China |
|
Description of Property Mortgaged: |
By clause 3 of the Debenture, as a continuing security for the
discharge on demand of the Secured Obligations and as beneficial owner, the
Company: (1) charges to the Bank:- (a) by way of first fixed
charge:- (i) all the plant,
machinery, fixtures and fittings on or after 17,h July 2007 belonging to the
Company and all right, title and interest of the Company under any agreements
(present or future) relating to the purchase, lease or hire purchase of the
same; (ii) all vehicles,
computers, furniture, equipment, tools and other chattels belonging to the
Company on or after 17th July 2007 not regularly disposed of in the ordinary
course of business and all right, title and interest of the Company under any
agreements (present or future) relating to the purchase, lease or hire
purchase of the same; (iii) all the goodwill and
uncalled capital of the Company present and future; (iv) all intellectual
property rights belonging to the Company on or after 17th July 2007; (v) all shares, stock,
debentures and other securities (whether, without limitation, certificated or
uncertificated or units of security in an account or balance (whether held as
a member or by a nominee) within any clearing, settlement or transfer system
whatsoever and wherever situated) belonging to the Company on or after 17th
July 2007 together with all the right, title and interest in and to
dividends, interest and other income and all voting and all other rights of
whatsoever kind; (vi) all book debts and
other debts owing to the Company on or after 17th July 2007 and the proceeds
of payment or realisation of each of them until the payment of such proceeds
into the Proceeds Account; (vii) all negotiable
instruments at any time drawn, issued or endorsed in favour of, or held by or
on behalf of, the Company, including any such instruments which at any time
have been deposited with the Bank (whether or not endorsed to the Bank); (viii) all funds standing to the
credit of the Company from time to time on any account with any bank or
financial institution, including the Proceeds Account; (ix) all choses in action
and claims belonging to the Company on or after 17th July 2007; and (b) by way of first fixed
equitable charge all estates or interests in any real property vested in or
charged to the Company on or after 17th July 2007; and (c) by way of floating
charge all the undertaking and all property, assets and rights of the Company
present and future wherever situate not from time to time subject to a
mortgage, fixed charge or assignment under the Debenture; and (2) assigns to the Bank:- (a) the proceeds of each
policy of insurance issued on or after 17th July 2007 in relation to the
Company's real property and the other assets charged by the Debenture,
subject to reassignment on redemption; (b)the benefit of all covenants and rights relating to the Company*s
real property and the benefit of all easements serving or relating to such
property, subject to reassignment on redemption; and (c) the benefit of any
interest rate swap, currency swap, cap or collar arrangement, future, option,
forward rate agreement or other derivative instrument (howsoever described)
or any other agreement with the Bank or any third party for protecting or
hedging any of the Secured Obligations at any time, subject to reassignment
on redemption. ((1) and (2) collectively the "Charged Property") |
Lawsuits
Up to now, no present or latent litigation of the subject has been found.
Special Note
Interview Details
|
Name |
The Operator |
Industry
Information
77421-- Apparatus based on the use of X-rays (No.)
Unit: HKD/000
|
|
2015.6 |
2015.01~2015.6 |
||
|
|
Quantity |
Value |
Quantity |
Value |
|
Imports |
||||
|
France |
230 |
21,697 |
659 |
49,097 |
|
Singapore |
6 |
511 |
9 |
4,056 |
|
Malaysia |
1 |
3,459 |
7 |
8,120 |
|
Germany |
1 |
1,157 |
81 |
27,559 |
|
America |
45 |
21,830 |
368 |
149,683 |
|
Vietnam |
2 |
140 |
10 |
1,068 |
|
Japan |
10 |
2,906 |
70 |
13,667 |
|
Korea |
1 |
1,638 |
29 |
11,749 |
|
Taiwan |
50 |
1,285 |
151 |
3,871 |
|
The Mainland of
China |
13 |
5,657 |
80 |
28,640 |
|
Exports |
||||
|
Thailand |
1 |
178 |
1 |
178 |
|
Singapore |
2 |
1,600 |
2 |
1,600 |
|
Russia |
1 |
54 |
1 |
54 |
|
Germany |
1 |
170 |
8 |
4,343 |
|
Vietnam |
6 |
1,508 |
14 |
2,239 |
|
Japan |
-- |
-- |
1 |
2,786 |
|
Korea |
-- |
-- |
4 |
2,365 |
|
Taiwan |
3 |
1,225 |
3 |
1,225 |
|
The Mainland of
China |
106 |
83,339 |
636 |
352,372 |
External Trade Information:
External
Merchandise Trade Aggregate Figures
Unit: HKD/ Million
|
|
Imports |
Domestic Exports |
Re-exports |
Total exports |
Year-on-year %
change of Total exports |
Merchandise
trade balance |
|
2012 |
3,912,163 |
58,830 |
3,375,516 |
3,434,346 |
+2.9 |
-477,817 |
|
2013 |
4,060,717 |
54,364 |
3,505,322 |
3,559,686 |
+3.6 |
-501,031 |
|
2014 |
4,219,046 |
55,283 |
3,617,468 |
3,672,751 |
+3.2 |
-546,295 |
|
2014.05 |
348,323 |
5,299 |
300,673 |
305,973 |
+4.9 |
-42,350 |
|
2014.06 |
352,316 |
4,802 |
304,409 |
309,211 |
+11.4 |
-43,105 |
|
2014.07 |
368,293 |
5,120 |
321,040 |
326,160 |
+6.8 |
-42,132 |
|
2014.08 |
358,750 |
5,289 |
321,937 |
327,225 |
+6.4 |
-31,525 |
|
2014.09 |
382,355 |
4,153 |
327,833 |
331,986 |
+4.5 |
-50,369 |
|
2014.10 |
381,569 |
4,392 |
327,335 |
331,727 |
+2.7 |
-49,842 |
|
2014.11 |
378,946 |
4,701 |
322,082 |
326,783 |
+0.4 |
-52,163 |
|
2014.12 |
372,007 |
4,050 |
308,705 |
312,755 |
+0.6 |
-59,253 |
|
2015.01 |
348,886 |
4,468 |
307,403 |
311,871 |
+2.8 |
-37,015 |
|
2015.02 |
264,220 |
2,919 |
225,418 |
228,337 |
+7.2 |
-35,884 |
|
2015.03 |
342,319 |
4,013 |
292,100 |
296,113 |
-1.8 |
-46,206 |
|
2015.04 |
331,108 |
4,202 |
287,742 |
291,944 |
+2.2 |
-39,164 |
|
2015.05 |
331,940 |
4,258 |
287,571 |
291,830 |
-4.6 |
-40,110 |
|
2015.06 |
345,302 |
4,158 |
295,361 |
299,518 |
-3.1 |
-45,783 |
*Total exports
figures have been rounded to the nearest final digit after summing up the
constituent trade figures.
Attachment
We arranged the site visit to the supplied address, and we found another
company named Mannheimer Swartling Advokatbyra AB, which is engaged in
providing the services of registration and consulting, etc. The relevant staff
of the company introduced that subject registered on his address. But he
declined to disclose any other information.
Address: Suite
3313-3317 I, Jardine House, Connaught Place Centre Central, Hong Kong
Jardine House,
Connaught Place Centre Central, Hong Kong
33/F, Jardine
House, Connaught Place Centre Central, Hong Kong
Suite 3313-3317 I,
Jardine House, Connaught Place Centre Central, Hong Kong
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.10 |
|
|
1 |
Rs.100.89 |
|
Euro |
1 |
Rs.73.96 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
NIT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.