MIRA
INFORM REPORT
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Report Date : |
8th March, 2007 |
IDENTIFICATION
DETAILS
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Name : |
NTIC CO LTD
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Registered Office : |
Peace Avenue 18, Sukhbaatar Dist, Po Box 438 Seoul Street 11,
Ulaanbaatar |
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Country : |
Mongolia |
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Date of Incorporation : |
27.04.1997 |
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Com. Reg. No.: |
250-00361-10 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Agent, Importer,
Distributor, and General Merchant of Gaming Equipment and Supplies and Roulette
Casion Games Equipment Kits Bottled Pure Drinking Water Blow Molding Machine
and Injection Molding Machine Parts Accessories etc It also Carries Out
Implementation of Business Projects and Provide Service on Automatic Roulette
Game Centers and Roulette Entertainment. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 50000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
Company Name
NTIC CO LTD
MNG ULAANBAATAR
MONGOLIA
Correct Address
PEACE AVENUE 18
SUKHBAATAR DIST
PO BOX 438 SEOUL STREET 11
ULAANBAATAR
Operating address
AT HEADING ADDRESS
Registered address
AT HEADING ADDRESS
Telephone 976-11
99188977 99193859
Fax 976
11 453950 322733
Telex NONE
ARE NOTED
Branches
NONE
Factory
NONE
Date, Established
27 04 1997
Incorporation No
250-00361-10
DATED 27 04 1997 [CHANGEABLE]
Legal Status
LIMITED LIABILITY
COMPANY
Businesses
AGENT IMPORTER DISTRIBUTIOR AND GENERAL MERCHANT OF GAMING
EQUIPMENT AND SUPPLIES AND ROULETTE CASION GAMES EQUIPMENT KITS BOTTLED PURE
DRINKING WATER BLOW MOLDING MACHINE AND INJECTION MOLDING MACHINE PARTS
ACCESSORIES ETC IT ALSO CARRIES OUT IMPLEMENTATION OF BUSINESS PROJECTS AND
PROVIDE SERVICE ON AUTOMATIC ROULETTE GAME CENTERS AND ROULETTE ENTERTAINMENT
Board of Directors
TEGSHBAATAR SANCHIN - MANAGING DIRECTOR
FARU ORDEL
Y V OCHIR
S SUZNE BAATAAR
Bankers
TRADE &
DEVELOPMENT BANK ULANBAATAR SUBJECT AND
BANKS ARE LEARNT TO BE GOOD RELATED
Payments
BELIEVED TO BE PROMPT. NO PAYMENT TRACK HISTORY DISCLOSED
Financial Position
VERY GOOD. LEARNT
ADEQUATE RESOURCES AVAILABLE
Public
NOTHING HEARD DETRIMENTAL OR UNCOVERED
Shareholders
GOBI EXPITIONS LTD
100% [NO FURTHER DETAILS ARE PROVIDED]
Associates
NONE
History
NONE
Buying/Selling term
PER 100% IRREVOCABLE
AND CONFIRMED L/C AT SIGHT DRWAN BASIS
Credit Maximum [USD]
50000 CAN BE GRANTED
ON MUTUAL AGREED SECURED AND PROTECTED TERM
Imports from
WORLDWIDE
Export to
NONE
Court, bad credit
NO COURT ARBITRATION, NON-PAYMENT/DISPUTE ARE LEARNT
Agency
NONE
Trade Suppliers
NONE LEARNT/OR
DECLINED TO REVEAL
Premises
RENTED BASIS
Employs
35 +
Member
NONE
Sources
REPORT IS PRODUCED FROM
COLLECTIVE RESULTS OF LOCAL AGENTS
Remarks
SUBJECT IS CONSIDERED
TO BE GOOD FOR ANY NORMAL BUSINESS ENGAGEMENT
CAPITAL AS AT
31 12 2005 IN TUGRIK /
MILLION [UNAUDITED]
PAID UP 300.00
RESERVES/SURPLUS 905.65
CURRENT LIABILITIES 286.70
DEFERRED & OTHER LIABILTIES 875.55
2367.90
FIXED ASSETS 750.00
ADVANCES 350.50
OTHER ASSETS 555.70
LIQUID ASSETS 711.70
2367.90
TURNOVER APPROX 3000.00
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%)