MIRA
INFORM REPORT
|
Report Date : |
17.01.2008 |
IDENTIFICATION
DETAILS
|
Name : |
LE THIEN COMPANY
LIMITED |
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|
|
|
Registered Office : |
No. 146B Hong Bang Str, Ward 12, Dist 5, Hochiminh City |
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|
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Country : |
Vietnam |
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Date of Incorporation : |
2007 |
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|
|
|
Legal Form : |
Limited Liability Company |
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|
|
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Line of Business : |
Trading In Pearl Milk Tea |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
Maximum Credit Limit : |
USD 500,000 |
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|
|
|
Status : |
New & Small Company |
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|
|
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Payment Behaviour : |
No Complaints |
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|
|
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Litigation : |
Clear |
SUBJECT IDENTIFICATION &
LEGAL FORM
English Name
|
|
LE THIEN COMPANY LIMITED
|
|
Vietnamese name |
|
CONG TY TNHH LE THIEN |
|
Trade Name |
|
LE THIEN
CO., LTD |
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Founded |
|
2007 |
|
Type of Business |
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Limited Liability Company |
|
Business
Registration No. |
|
4102053381 |
|
Date of
Issuance |
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August 30th 2007 |
|
Place of
Issuance |
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Planning and Investment Department of
Hochiminh city |
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Registered
Capital |
|
150,000,000
VND |
|
Tax Code |
|
0305167758 |
|
Total
Employees |
|
4 employees |
|
Qualification |
|
Normal |
ADDRESS
Head Office
|
||
|
Address |
|
No. 146B Hong Bang Str, Ward 12, Dist 5,
Hochiminh city |
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Country |
|
Vietnam |
|
Tel |
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(84-8) 2491535 |
DIRECTORS
|
1.
NAME |
|
Mr.
LE PHUC THIEN |
|
Position |
|
Director – Legal Representative |
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Year of birth |
|
1980 |
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ID No |
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341013648 |
|
Current Resident |
|
Hochiminh city |
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Registered Resident |
|
Dong Khanh hamlet, Tan Khanh Dong commune,
Sa Dec town, Dong Thap province |
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Nationality |
|
Vietnamese |
|
Tel |
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++84 988 804 000 |
BUSINESS NATURE AND ACTIVITIES
|
The
subject is specialized in trading in Pearl milk tea. |
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|
|
The subject
registered in business items: |
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-
Trading in industrial machines, equipments, electric and electronic products,
IT products, official stationeries, construction materials, interior design
products, foodstuff, ice cream, milk tea, … -
Investment, administration consultant -
Designing website -
Commercial promotion service -
Agent for goods consignment |
IMPORT & EXPORT ACTIVITIES
|
IMPORT: The subject
imports goods from Taiwan and China. |
|
EXPORT: N/A |
BANKERS
|
1. ASIA COMMERCIAL JOINT STOCK BANK (ACB
BANK) |
||
|
Address |
|
442 Nguyen Thi Minh Khai Str, Ward 5, Dist
3, Hochiminh City |
|
Country |
|
Vietnam |
|
Tel |
|
(84-8) 8334085 - 8395179 |
|
Fax |
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(84-8) 8359156 |
|
Telex |
|
813158ACBVT |
|
Swift |
|
ASCBVNVX |
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|
||
|
2.
VIETNAM BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT |
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|
Address |
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No. 50 Ben Chuong Duong Str, Dist 1. Ho
Chi Minh City |
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Country |
|
Vietnam |
|
Tel |
|
(84-8) 8222752 - 8295434 |
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Fax |
|
(84-8) 8294063 |
|
Swift |
|
VBAAVNVX |
|
|
||
SHAREHOLDERS
|
1.
NAME |
|
Mr.
LE PHUC THIEN |
|
Position |
|
Director – Legal Representative |
|
Year of birth |
|
1980 |
|
ID No |
|
341013648 |
|
Current Resident |
|
Hochiminh city |
|
Registered Resident |
|
Dong Khanh hamlet, Tan Khanh Dong commune,
Sa Dec town, Dong Thap province |
|
Nationality |
|
Vietnamese |
|
Share |
|
53.333 % |
|
Value |
|
80,000,000 VND |
|
|
||
2. Name
|
|
Ms. LUU SONG LUONG
|
ID No
|
|
023884318
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Resident |
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No. 945/3 Hau Giang Str, Ward
11, Dist 6, Hochiminh city
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Nationality
|
|
Vietnamese
|
|
Share |
|
46.667 % |
|
Value |
|
70,000,000 VND |
PAYMENT HISTORY AND EXPERIENCES
|
Trade Morality |
|
Normal |
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Liquidity |
|
Normal |
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Previous Payments |
|
Normal |
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Payment status |
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Normal |
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Past Financial Situation |
|
Humble |
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Current Financial Situation |
|
Humble |
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Litigation Data |
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No Recorded |
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Bankruptcy |
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No Recorded |
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Public opinion |
|
Normal |
|
Payment Methods |
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Direct payment or through its
corresponding bank. |
FINANCIAL DATA
|
The subject is a new entity, which has just established in August 2007
so its completed financial statement is not available. |
INTERPRETATION ON THE SCORES
|
LE
THIEN is a limited liability company, which has just established in the end
of August 2007. The subject registered in many business activities but, at
this time, it is specialized in trading in Pearl milk tea. Management
capacity of the subject is normal. The subject is a new and small entity. It mainly
imported goods for trading from Taiwan and China. The premise and facilities
of the subject are normal. The subject is located in the collective quarters
and near schools so the subject’s business has advantages. However, market
share of the subject is still limited. The
subject has operated for a short time. Its registered capital is small with
150,000,000 VND. Caution needed for any transaction with the subject. |
|
The company’s capacity for meeting financial commitments is SOLELY RELIANT UPON favorable
conditions. |
CREDIT INQUIRY: 500,000 USD
AGAINST D/A TERMS
|
Unreliable! Caution Needed! |
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%)