MIRA
INFORM REPORT
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Report Date : |
08.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
CHEMMED LINE CO., LTD. |
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Registered Office : |
31/56 Moo
5, Soi 72,
Ladplakhao Road, T.
Anusaowaree, A. Bangkhen, Bangkok
10220 |
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Country : |
Thailand |
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Date of Incorporation : |
2007 |
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Com. Reg. No.: |
0105550103736 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Engaged in importing
and distributing wide
range of chemical and raw material. |
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
CHEMMED LINE CO., LTD.
SUMMARY
BUSINESS ADDRESS : 31/56 MOO 5, SOI
72, LADPLAKHAO ROAD,
T.
ANUSAOWAREE, A. BANGKHEN,
BANGKOK 10220,
THAILAND
TELEPHONE : [66] 2986-3982
FAX : [66] 2986-3983
REGISTRATION ADDRESS : SAME
AS BUSINESS ADDRESS
ESTABLISHED : 2007
REGISTRATION NO.
: 0105550103736
CAPITAL
REGISTERED : BHT. 1,000,000
CAPITAL
PAID-UP : BHT. 1,000,000
FISCAL
YEAR CLOSING DATE : -
LEGAL STATUS : PRIVATE LIMITED COMPANY
EXECUTIVE : MR. SUWAT RUNGROJKITTIKUL, THAI
MANAGING DIRECTOR
NO. OF
STAFF : 10
LINES OF
BUSINESS : CHEMICAL AND MATERIAL SUPPLIES
FOR
VETERINARY PRODUCTION
IMPORTER AND
DISTRIBUTOR
CORPORATE PROFILE
OPERATING TREND : EARLY STAGE
PRESENT SITUATION : -
REPUTATION : -
MANAGEMENT STANDARD : -
HISTORY
The
subject was established
on October 2,
2007 as a
private limited company by
Thai groups, under the
name style CHEMMED
LINE CO., LTD.,
in order to
distribute and supply
wide range of chemical
and raw material
for veterinary production. It currently employs
approximately 10 staff.
The
subject’s registered address
is 31/56 Moo
5, Soi 72, Ladplakhao Rd.,
Anusaowaree, Bangkhen, Bangkok
10220, and this
is the subject’s current operation
address.
THE BOARD OF DIRECTORS
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Name |
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Nationality |
Age |
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Mr. Suwat Rungrojkittikul |
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Thai |
43 |
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Mrs. Armorn Rungrojkittikul |
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Thai |
39 |
AUTHORIZED PERSON
One of the above directors
can sign on
behalf of the
subject with company’s
affixed.
MANAGEMENT
Mr. Suwat Rungrojkittikul is
the Managing Director.
He is Thai nationality with
the age of
43 years old.
BUSINESS OPERATIONS
The subject is
engaged in importing
and distributing wide
range of chemical
and raw material,
including vitamin, vaccine
and etc., for
veterinary production industry.
IMPORT
80%
of the products is imported
from Republic of
China, Taiwan, Italy,
Spain and India.
SALES
100% of the
products is sold
and supplied by
wholesale to manufacturers.
RELATED AND AFFILIATED COMPANY
Generic Vet
Chem Co., Ltd.
Business Type :
Importer and distributor
of veterinary products.
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
Sales are by
cash or on
the credits term
of 30-60 days.
Local bills are
paid by cash
or on the credits term
of 30-60 days.
Imports are by
T/T.
BANKING
Kasikornbank Public
Co., Ltd,.
[Silom Branch, 142 Silom
Rd., Silom, Bangrak,
Bangkok 10500]
EMPLOYMENT
The
subject employs approximately 10 staff.
LOCATION DETAILS
The
premise is owned
for administrative office
at the heading address. Premise
is located in
commercial/residential area.
COMMENT
Demand
of veterinary products
in domestic market
remains strong. The
subject has potential
in its business line in
long term prospect.
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 September 30,
2007]
|
NAME |
HOLDING |
% |
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Mr. Suwat Rungrojkittikul Nationality: Thai Address : 67/61
Moo 1, Petchkasem Rd., Laksong,
Bangkae, Bangkok |
4,000 |
40.00 |
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Mrs. Armorn Rungrojkittikul Nationality: Thai Address : 267/10
Srivieng Rd., Silom,
Bangrak, Bangkok |
2,000 |
20.00 |
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Mr. Pipat Chittasetthasin Nationality: Thai Address : 242/16
Mitraohan Rd., Pomprab,
Bangkok |
2,000 |
20.00 |
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Mrs. Sopa Thavornkij Nationality: Thai Address : 10/323
Moo 6, Klongkum.
Buengkum, Bangkok |
1,997 |
19.97 |
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Mrs.
Vatchareeporn Chaliwan Nationality: Thai Address : 58/36
Moo 7, Saimai,
Bangkok |
1 |
0.01 |
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Ms. Sopa Thawatkham Nationality: Thai Address : 10/323
Moo 6, Klongkum.
Buengkum, Bangkok |
1 |
0.01 |
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Ms. Amorn Tuaykaew Nationality: Thai Address : 9
Moo 6, Jarakaemark, Prakonechai, Buriram |
1 |
0.01 |
Total Shareholders
7
NOTE
Due to the subject has
established its business
in 2007, therefore
financial information has
not yet available.
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. |
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%)