MIRA
INFORM REPORT
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Report Date : |
01.08.2007 |
IDENTIFICATION DETAILS
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Name : |
SIVABUTRA ENGINEERING CO., LTD. |
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Registered Office : |
64/150
Moo 10, |
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Country : |
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Date of Incorporation : |
2007 |
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Com. Reg. No.: |
0105550057157 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Contractor of construction and
engineering works, consist
of plumbing system,
steel structure, as
well as general
construction works. |
RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name
SIVABUTRA ENGINEERING CO., LTD.
SUMMARY
BUSINESS ADDRESS : 64/150 MOO
10, ROMSAI GARDEN
VILLE,
TELEPHONE : [66] 2899-6200-1
FAX : [66] 2899-6991
REGISTRATION ADDRESS : SAME
AS BUSINESS ADDRESS
ESTABLISHED : 2007
REGISTRATION NO. : 0105550057157
CAPITAL
REGISTERED : BHT.
1,000,000
CAPITAL
PAID-UP : BHT.
1,000,000
FISCAL
YEAR CLOSING DATE : -
LEGAL STATUS : PRIVATE LIMITED
COMPANY
EXECUTIVE : MR. KHEMARAT LUANGLAI,
THAI
MANAGING DIRECTOR
NO. OF
STAFF : 3
LINES OF
BUSINESS : CONSTRUCTION & ENGINEERING WORKS
CONTRACTOR
CORPORATE PROFILE
OPERATING TREND : EARLY
STAGE
PRESENT SITUATION : OPERATING NORMALLY
REPUTATION : -
MANAGEMENT STANDARD : -
HISTORY
The
subject was established
on June 1,
2007 as a
private limited company under
the name style SIVABUTRA ENGINEERING
CO., LTD., by
Thai groups, with the
business objective to
provide services for
construction & engineering
works throughout the
country. It currently
employs 3 staff.
The
subject’s registered address
is 64/150 Moo
10, Kanchanapisek Rd.,
Bangbon, Bangkok 10150,
and this is
the subject’s current
operation address.
THE BOARD
OF DIRECTOR
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Name |
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Nationality |
Age |
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Mr. Khemarat Luanglai |
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Thai |
39 |
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Mr. Namchai Aroonkijcharoen |
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Thai |
37 |
AUTHORIZED PERSON
One of the
above directors can
sign on behalf
of the subject
with company’s affixed.
MANAGEMENT
Mr. Khemarat Luanglai
is the Managing
Director.
He is Thai nationality with
the age of 39 years
old.
BUSINESS OPERATIONS
The subject’s activity
is a contractor
of construction and
engineering works, consist
of plumbing system,
steel structure, as
well as general
construction works, mainly
for office building,
industrial factory, apartment
and condominium project.
The subject hires
sub-contractor to do
construction works.
PURCHASE
100% of the
construction material is
purchased from local
supplier.
SERVICES
Most of the projects
are served to
end-user, mainly private
company and end
user.
SUBSIDIARY AND
AFFILIATED COMPANY
The subject is
not found to
have any subsidiary
nor affiliated company
here in Thailand.
LITIGATION
Bankruptcy and Receivership
There are no
litigation on bankruptcy
and receivership cases
filed against the
subject found at
Legal Execution Department
for the past
five years.
Others
There are no
legal suits filed against
the subject for the
past two years.
CREDIT
Services are by
cash or on
negotiated terms.
Local bills are
paid by cash
or on the
credits term of
30-60 days.
BANKING
Kasikornbank Public
Co., Ltd.
[Ekachai Branch,
EMPLOYMENT
The
subject employs 3
staff.
LOCATION DETAILS
The
premise is owned
for administrative office
at the heading
address. Premise is
located in residential
area.
COMMENT
The subject
has been established
only two months,
therefore only a
few small construction
works are under
operating. Any business
engagement should be
on secured basis.
FINANCIAL INFORMATION
The
capital was registered
at Bht. 1,000,000
divided into 10,000
shares of Bht. 100
each with fully
paid.
THE SHAREHOLDERS
LISTED WERE : [as at
May 31, 2007]
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NAME |
HOLDING |
% |
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Mr.
Khemarat Luanglai Nationality: Thai Address : 57
Moo 4, Chompoo,
Sarapee, Chiangmai |
5,000 |
50.00 |
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Mr. Namchai Aroonkijcharoen Nationality: Thai Address : |
4,995 |
49.95 |
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Mrs. Suporn Aroonkijcharoen Nationality: Thai Address : |
1 |
0.01 |
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Mr. Narong Sombooncharoensri Nationality: Thai Address : |
1 |
0.01 |
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Ms. Somkid Cha-um Nationality: Thai Address : |
1 |
0.01 |
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Ms. Jarunee Puengsomboon Nationality: Thai Address : 61/1
Moo 7, Bangkru,
Phrapradaeng, Samutprakarn |
1 |
0.01 |
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Mr. Withaya Panatee Nationality: Thai Address : 102
Moo 1 2, Srithgoy, Maesaruay,
Chiangrai |
1 |
0.01 |
Total Shareholders
7
NOTE
Due to the
subject has been established in
2007, therefore financial
information has not yet
been released to
public.
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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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%)