MIRA
INFORM REPORT
|
Report Date : |
16.02.2008 |
IDENTIFICATION
DETAILS
|
Name : |
MEDAS INTERNATIONAL LTD |
|
|
|
|
Registered Office : |
No 48AEO, Sang Kreach Tieng, (Street 222) Khan Daun Penh,
Phnom Penh |
|
|
|
|
Country : |
Cambodia |
|
|
|
|
Financials (as on) : |
31.12.2006 |
|
|
|
|
Date of Incorporation : |
23 07 2003 |
|
|
|
|
Com. Reg. No.: |
KHM 390431 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Importers Distributors Stockist and General
Merchant of Pharmaceutical Products |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 50000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Company Name & Address
MEDAS INTERNATIONAL LTD
NO 48AEO, SANG KREACH TIENG
(STREET 222) KHAN DAUN PENH
PHNOM PENH CAMBODIA
Registered address AT
HEADING ADDRESS
Operating Address AT
HEADING ADDRESS
Telephone 855 23 220795
Fax 855
23 220794
Telex NONE
Branches
NONE
Factory
IN VIETNAM
Date, Established
23 07 2003
Incorporation No
KHM 390431 DATED 23 07
2003
Legal Status
PRIVATE LIMITED
COMPANY
Business
REPRESENTS SEVERAL REPUTED PHARMA COMPANIES WORLDWIDE
IMPORTERS DISTRIBUTORS STOCKIST AND GENERAL MERCHANT OF PHARMACEUTICAL PRODUCTS
LIKE ANTIBIOTICS TO VITAMINS FROM WHO GMP
CERTIFIED SPECIALITIES PREPARATION AND HERBAL ITEMS
Board of Directors
KAUSHIK BHATTACHARAYA
- MANAGING DIRECTOR
PROBIR K BHATTACHARAYA
ASESH KUMAR DAS
ARUN K DAS
ONKHA PHE SOUK
CHHUON
Bankers
CAMBODIAN COMMERCIAL
BANK LTD PHNOM PENH
CAMBODIAN PUBLIC BANK
LTD PHNOM PENH
Payments
PROMPT
Financial Position
VERY GOOD ADEQUATE RESOURCES
AVAILABLE
Shareholders
KAUSHIK BHATTACHARAYA
40 PROBIR BHATTACHARAYA 40 ASHEH KUMAR DAS 20%
Associates
NONE
History
REPUTED
CO
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
Agency
MERIAL ASIA PTE LTD
SINGAPORE
Trade Suppliers
NONE
Premises
RENTED BASIS
Employs
40 +
Member
NONE
Sources
REPORT IS PRODUCED FROM
COLLECTIVE RESULTS OF LOCAL AGENTS
Remarks
SUBJECT IS
CONSIDERED TO BE GOOD FOR ANY NORMAL BUSINESS ENGAGEMENT
Additional info
LEARNT THAT THER MAY
BE FEW CHANGES IN ITS CURRENT STRUCTURE.
CAPITAL AS AT
31 12 2006 IN KH RIEL
/ MILLION [UNAUDITED]
PAIDUP 500.00
RESERVE/SURPLUS 8575.20
DEFERRED LIABILITIES 11314.55
20389.75
CAPITAL SOURCES
FIXED ASSETS 8000.00
INVESTMENTS 2560.65
CURRENT ASSETS 13430.50
23991.15
LESS
CURRENT LIABILITIES 3601.40
20389.75
TURNOVER APPROX 35000.00
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. |
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 |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)