MIRA
INFORM REPORT
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Report Date : |
8th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
SA PHI SPI SERVICE PRODUCTION AND IMPORT
EXPORT JOINT STOCK COMPANY |
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Registered Office : |
778/21 Nguyen Kiem Str, Ward 4,Phu Nhuan Dist, Hochiminh City, Vietnam |
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Country : |
Vietnam |
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Date of Incorporation : |
2006 |
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Com. Reg. No.: |
4103004603 |
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Legal Form : |
Joint stock company |
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Line of Business : |
The subject is specializing in trading in computer and equipment of computer, import services. |
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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Status : |
New
Company |
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
SUBJECT IDENTIFICATION &
LEGAL FORM
English Name
:SA PHI SPI SERVICE PRODUCTION AND IMPORT EXPORT JOINT STOCK
COMPANY
Vietnamese Name :CONG TY CO PHAN DICH VU SAN XUAT KINH DOANH XUAT NHAP KHAU
SA PHI SPI
Trade Name :SA PHI JOINT STOCK COMPANY
Type of Business :Joint stock company
Founded :2006
Business Registration :No. 4103004603
Date of Issuance :April 6th 2006
Place of Issuance :Planning and Investment of Hochiminh City
Registered Capital :16,000,000,000 VND
Tax Code :0304285438
Total Employees :15 employees
Qualification :Normal
ADDRESS
Head Office
Address 778/21 Nguyen Kiem Str, Ward 4,Phu Nhuan
Dist, Hochiminh City
Country Vietnam
Tel (84-8)
9974743, 8443552, 842194, 9974733,
Fax (84-8)
8441639, 9974772
Email quoctan1966@yahoo.com
Note: The subject shares the same office with another company namely “PROSIMEX”. The subject also uses the same telephone and fax number with this company.
DIRECTORS
1. NAME Mr. PHAN TAN QUOC
Position Director
Qualification Bachelor
Date of Birth September
1st 1966
I.D Card 021584441
Issued on November
27th 2001
Issued by Police
Station of Hochiminh City
Resident 91
Cach Mang Thang Tam Str, Ben Thanh Ward, Dist 1, Hochiminh City
Nationality Vietnamese
BUSINESS NATURE AND ACTIVITIES
The subject is specializing in trading in computer
and equipment of computer, import services.
The subject registered in items:
Processing foodstuff (No Processing fresh food
at head office).
Producing and trading garment products,
cotton, cotton yard, hand beg, packet, material and spare part of Garment,
shoes, Agriculture and forestry, mechanical products, weaving packet PP, PE
Trading in handicraft, nature rubber, sap of
rubber, preliminary rubber, pepper, coconut and manioc and products of manioc,
foodstuff, drink, spirit, tobacco, gas, household appliances, office supplies,
and machine of office like: photocopy, phone, fax, computer, print, cash register, safe, material for print
industry, material construction, interior decoration, wooden products; metal :
iron and steel of kinds; machinery and equipment for Industry- Mine ores - Forestry,
Air-condition, hygienic equipment, car, motorbike; Chemical, lubricant; Telecommunication equipment, broadcast,
components of telephone; Equipment for health, optics, hospital, beauty…
Petroleum business agent, housing business,
repair and rent of office, house.
Intermediary real estate, trading in Travel
inland and outland.
Receiving and Delivering goods service,
transport vehicle for rent,
Consignment goods agent, selling air-ticket agent.
IMPORT & EXPORT ACTIVITIES
IMPORT:
The subject imports computer and equipment of computer from American; Clothe
and chemical from Indonesia, and Thailand.
EXPORT:
The subject exports Rubber, coffee, pepper to Russia, Singapore…
BANKERS
1. INDUSTRIAL AND COMMERCIAL BANK OF VIETNAM
(INCOMBANK) BRANH NO. 2
Address 79A
Ham Nghi Str, Nguyen Thai Binh Ward, Dist 1, Hochiminh City
Country Vietnam
Tel (84-8)
8290491
Fax (84-8)
9141936
Telex 8211266NHCMVT
Swift ICBVVNVX900
Email Incombankmto2@hcm.vnn.vn
2. VIETNAM TECHNOLOGICAL AND COMMERCIAL
JOINT STOCK BANK (TECHCOMBANK)
Address No.
5 Cong Hoa Str, Ward 4, Tan Binh Dist, Hochiminh City
Country Vietnam
Tel (84-8)
8117534/ 6
Fax (84-8)
8116896
Telex 411349HSCTCB
Swift VTCBVNVX
SHAREHOLDERS
The subject is a Joint
stock company. Following is its shareholders:
1. NAME Mr. PHAN TAN QUOC
Position Director
Qualification Bachelor
Date of Birth September
1st, 1966
I.D Card 021584441
Issued on November
27th 2001
Issued by Police
Station of Hochiminh City
Resident 91
Cach Mang Thang Tam Str, Ben Thanh Ward, Dist 1, Hochiminh City
Nationality Vietnamese
Share 4,000 Shares
Value 4,000,000,000
VND
2. Name Ms.
HUYNH THI KIM THU
Resident 227 Hai Ba Trung, Ward 6,
Dist 3, Hochiminh City
Nationality Vietnamese
Share 6,000 Shares
Value 6,000,000,000
VND
3. Name Ms.
CAO THI THUY
Resident 35 Cuu Long Str, Ward 2,
Tan Binh Distr, Hochiminh City
Nationality Vietnamese
Share 4,000 Shares
Value 4,000,000,000
VND
4. Others shareholders keep remaining 2,000
shares of the subject
PAYMENT HISTORY AND EXPERIENCES
Trade Morality Normal
Liquidity Prompt
Previous Payments N/A
Payment status Average
Past Financial Situation N/A
Current Financial Situation Average
Litigation Data No
recorded
Bankruptcy No
recorded
Public opinion Fairly
good
Payment Methods Direct
payment by cash or payment through corresponding bank by letter of credit (L/C)
FINANCIAL DATA
The subject has just founded
in April 2006 so its financial document is not available. However, According to
director of the subject, estimated revenue in 2006 is about 30 Billion VND.
INTERPRETATION ON THE SCORES
The
Subject has just established in this year, 2006. It is a join stock company
operating under name” Sa Phi SPI joint stock company”. The subject is specializing
in trading in computer, equipment of computer and office.
Although
the subject is a new company but it was founded based on PROSIMEX company
(PROSIMEX is a state owned company). The subject imports computer and machine
from American. Sometimes, the subject also actively imports clothes and
chemicals from Indonesia and Thailand. These goods are supplied for domestic
market. Besides, the subject exports products to Russia, Singapore such as
Rubber, Pepper, Coffee and other agricultural products.
The
subject is controlled by Mr. Phan Tan Quoc, who is former staff of the PROSIMEX
company. The subject is located at 778/21 Nguyen Kiem Str, Ward 4, Phu Nhuan
District. The subject shares the same
office with “PROSIMEX IMPORT EXPORT”. It also uses the same telephone and fax
number with this company.
The subject has just established in April 2006 so
the financial statement of the subject is not available. According to the
director of the subject, monthly revenue is about 3-4 billion VND. Estimated
that by 2007, the revenue of the subject will be increased to 7-8 billion
VND/month.
The subject is a very new company. However, it was established based on many relations of PROSIMEX. The premise and facility of the subject is good. Potential development of the subject is rather bright. The subject is suitable for medium commercial affair.
To be rated at B, the company’s stability is
expected to be IMPAIRED by adverse changes in circumstances and economic
conditions.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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