IDENTIFICATION DETAILS

Name :	DJ PRO & LIGHT WAVES

Registered Office :	47/1,Central Road, Dhanmondi, Dhaka-1205 Bangladesh.

Date of Incorporation :	1999

Legal Form :	Proprietorship

Line of Business :	Engaged in renting Light, Sound Box, Speakers and other related items for stage show and other performances

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory

Payment Behaviour :	Regular

Litigation :	Clear

NAME

DJ Pro & Light Waves

Address

47/1,Central Road,
Dhanmondi,
Dhaka-1205
Bangladesh.

Telephone                               : 880-2-8611448,9665946

Fax                                          : 880-2-8618175

E-mail                                      : shamim@abco-bd.com

SUMMARY

Established                              : 1999

Incorporation No.                              : N/A

Incorporation dated                           : N/A

Proprietor & CEO                            : Mr.Tanim Ahmed

Payment                                            : Normal

Litigation                                           : Nil

Capital Invested                                : Tk.3 million

Sales                                                 : Tk.6.5 million

Employees                                         : 12
Executives                      -3

Junior Executives -4

General Staff                  -5

BANK

r Standard Chartered Bank
Dilkusha Commercial Area,
Dhaka.

r City Bank Limited
Elephant Road Branch,
Dhaka.

FACTORY

N/A

BRANCH

NIL

PROPRIETOR

Mr. Tanim Ahmed

HISTORY

The company was established in 1999 by Mr.Tanim Ahmed in Dhaka city.

BUSINESS

The subject is engaged in renting Light,Sound Box,Speakers and other related items for stage show and other performances.

ITEM DEALING IN

r Light
r Sound Box
r Speaker
r Other Stage Show Accessories

NAME OF GROUP

DBL GROUP

NAME OF SISTER CONCERNS

r ABCO Enterprise, Dhaka

MEMBER

r Bangladesh Textiles Mills Association,Dhaka
r Dhaka Chamber of Commerce & Industry,
Dhaka.

LEGAL FORM

The subject is a proprietorship company

FINANCIAL INFORMATION

                                      2005                    2003                    2002

Capital Invested             Tk.3 million          Tk.3 million          Tk2.8 million

Turnover                        Tk.6.5 million      Tk.6.3 million       Tk.6.1 million

Liability                          NIL                       NIL                       NIL

Fixed Assets                   Tk.0.5 million      Tk.0.5 million       Tk.0.5 million

CAPITAL STRUCTURE

Authorized Capital      : N/A

Paid up Capital         : N/A

Each Share value        : N/A

EXCHANGE RATE

GB Pound           1.00=Tk.118.9771
US Dollar              1.00=Tk. 67.0139
Europe Euro        1.00=Tk. 81.6356
Japanese Yen       1.00=Tk. 0.5858
Australian Dollar 1.00=Tk. 50.6070

COMMENTS

The subject is a small company engaged in renting of light,sound box,speakers etc. The company is well reputed among the local artist and related people.

Mr.Tanim Ahmed,the proprietor is an experienced businessman of good reputation. He knows his job well.

The company is good for normal business engagements.

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	Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.	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

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