MIRA
INFORM REPORT
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Report Date : |
27.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
BRANCH OF ARMY MEDICAL EQUIPMENT AND PHARMACEUTICAL COMPANY |
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Registered Office : |
No. 112 Tran Hung Dao Str, Pham Ngu Lao ward, Dist 1, Hochiminh city |
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Country : |
Vietnam |
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Date of Incorporation : |
17.04. 2002 |
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Com. Reg. No.: |
315101 |
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Legal Form : |
Branch of State Owned Company |
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Line of Business : |
Trading in Medical Equipment and
Pharmaceutical Products. |
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 500,000 |
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Status : |
Branch of State Owned Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
SUBJECT IDENTIFICATION &
LEGAL FORM
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English Name
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BRANCH OF ARMY MEDICAL EQUIPMENT
AND PHARMACEUTICAL COMPANY
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Vietnamese Name |
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CHI NHANH CONG TY DUOC VA TRANG THIET BI Y TE QUAN DOI |
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Trade name |
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BRANCH OF ARMY MEDICAL EQUIPMENT AND PHARMACEUTICAL COMPANY |
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Type of Business |
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Branch of state owned company |
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Founded |
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2002 |
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Former Business Registration |
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No. 315101 |
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Issuance on |
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April 17th 2002 |
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Issuance by |
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Planning and Investment Department of Hochiminh city |
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Current Business Registration |
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No. 4116001034 |
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Issuance on |
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April 17th 2007 |
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Issuance by |
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Planning and Investment Department of Hochiminh city |
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Tax code |
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0100109191 – 005 |
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Total Employees |
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10 employees |
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ADDRESSES
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Head Office: |
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Address |
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No. 112 Tran Hung Dao Str, Pham Ngu Lao ward, Dist 1, Hochiminh city |
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Country |
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Vietnam |
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Tel |
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(84-8) 8379138 |
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Fax |
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(84-8) 9203341 |
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Email |
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DIRECTORS
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1. NAME |
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Ms. TRAN THI MINH HIEN |
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Position |
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Current Chief of Branch |
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Resident |
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Hochiminh city |
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Nationality |
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Vietnamese |
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2. NAME |
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Ms. LE THI KIM CHI |
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Position |
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Former Chief of Branch |
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Nationality |
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Vietnamese |
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3. NAME |
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Mr. NGUYEN DUC TAI |
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Position |
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Import Export Manager |
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Resident |
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Hochiminh city |
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Nationality |
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Vietnamese |
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BUSINESS NATURE AND ACTIVITIES
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The subject specializes in trading in medical equipment and
pharmaceutical products. |
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IMPORT & EXPORT ACTIVITIES
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IMPORT: The subject imports medical equipment and
pharmaceutical products from India, USA, Korea, China, Indonesia, etc |
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EXPORT: N/A |
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BANKERS
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1. MILITARY COMMERCIAL JOINT STOCK BANK (MCSB) (Hochiminh City Branch) |
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Address |
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No. 18B Cong Hoa Str, Ward 4, Tan Binh
Dist, Hochiminh city |
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Country |
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Vietnam |
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Tel |
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(84-8) 8118084 |
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Fax |
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(84-8) 8112580 |
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Telex |
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811373 |
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Swift |
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MSCBVNVX |
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VND A/C |
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1031100007009 |
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USD A/C |
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103110013005 |
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Note: According to
the subject’s financial staff, the subject does not use given account No.
4221 01 82606 37 |
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2. INDUSTRIAL
AND COMMERCIAL BANK OF VIETNAM (INCOMBANK) BRAND NO. 1 |
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Address |
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No. 93 - 95 Ham Nghi Str, Nguyen Thai Binh
Ward, Dist 1, Hochiminh city |
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Country |
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Vietnam |
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Tel |
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(84-8) 8215388 - 8210089 |
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Fax |
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(84-8) 8290696 |
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Telex |
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ICBVVNVX902 |
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SHAREHOLDER(S)
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The subject is a branch of State
Owned Company. Following is its parent:
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1. NAME |
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ARMY MEDICAL EQUIPMENT AND PHARMACEUTICAL COMPANY |
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Vietnamese Name |
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CONG TY DUOC VA TRANG
THIET BI Y TE QUAN DOI |
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Abbreviated Name |
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AMEPHACO |
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Founded |
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1996 |
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Under Management |
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Ministry of Defense |
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Business Registration No. |
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110974 |
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Issued by |
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Planning and Investment Department of Hanoi city |
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Representative |
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Mr. NGUYEN HOAI NAM |
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Tax Code |
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0100109191 |
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Current Address |
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No. 118 – 120 Vu Xuan Thieu Str, Phuc Loi ward, Long Bien Dist, Hanoi
city |
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Former Address |
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No. 1A Tran Thanh Tong Str. Hai Ba Trung Dist, Hanoi city |
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Tel |
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(84-4) 8759466 |
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Fax |
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(84-4) 8759477 |
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Email |
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FINANCIAL DATA
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The subject is a
branch of State Owned Company so its financial data is not available. |
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PAYMENT HISTORY AND EXPERIENCES
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Trade Morality |
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Fairly Good |
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Liquidity |
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N/A |
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Payment status |
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N/A |
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Financial Situation |
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Average |
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Development trend |
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Normal |
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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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Payment Methods |
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Through its corresponding banks. |
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INTERPRETATION ON THE SCORES
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The subject is a branch in Hochiminh city of ARMY MEDICAL EQUIPMENT
AND PHARMACEUTICAL COMPANY (AMEPHACO). It was established in 2002 and
specializes in trading medical equipment and pharmaceutical products. AMEPHACO is a state owned company under management of the Ministry of
Defense. Besides the subject, AMEPHACO has Pharmaceutical Enterprise 150 in
Hochiminh city, Pharmaceutical Enterprise 120 and Medical Equipment
Enterprise 130 in Hanoi city. The subject’s equipment and pharmaceutical products are imported from
India, USA, Korea, China, Indonesia and other countries. Its main markets are
provinces in the South of Vietnam. The subject has many supports from
government and its parents company in distributing products. Its business
activities are busy now. |
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CREDIT INQUIRY: 500,000 USD AGAINST DA TERMS |
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The subject has capacity to meet this credit
if it
is guaranteed by the parent company. |
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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%)