MIRA INFORM REPORT
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Report Date : |
19.11.2008 |
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IDENTIFICATION DETAILS
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Name : |
S.I.A TENAMYD CANADA INC REPRESENTATIVE OFFICE |
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Registered Office : |
No.23 Kim Dong str, Giap Bat ward, Hoang Mai dist., |
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Country : |
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Year of Establishment : |
1994 |
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Com. Reg. No.: |
01-000016 |
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Legal Form : |
Representative Office |
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Line of Business : |
Importing and Trading Pharmaceutical Product and Cosmetics. |
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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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
SUBJECT IDENTIFICATION &
LEGAL FORM
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English Name
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S.I.A TENAMYD CANADA Inc REPRESENTATIVE
OFFICE
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Vietnamese Name |
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VAN PHONG DAI DIEN CONG TY S.I.A TENAMYD CANADA
Inc |
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Type of Business |
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Representative
Office |
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Founded |
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1994 |
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Business Registration |
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01-000016 |
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Issuance on |
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November 30th,
2006 |
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Issuance by |
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Ministry of
Industrial and Trade |
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Former Business
Registration |
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974/TMGP |
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Issued on |
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May 14th,
1994 |
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Issued by |
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Ministry of
Trade |
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Tax code |
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0101541291 |
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Total Employees |
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10 employees |
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ADDRESSES
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Head Office and
factory: |
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Address |
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No.23 Kim Dong str, Giap Bat ward, Hoang
Mai dist., |
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Country |
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Tel |
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(84-4) 36641224 |
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Fax |
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(84-4) 36641222 |
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Email |
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Website |
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DIRECTORS
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NAME |
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Mr.
BUI TUONG HUNG |
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Position |
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Chief of Representative Office |
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Qualification |
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Management |
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Resident |
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Nationality |
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Vietnamese |
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BUSINESS NATURE AND ACTIVITIES
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The subject is representative for its head
office specializes in importing and trading pharmaceutical product and
cosmetics. |
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IMPORT & EXPORT ACTIVITIES
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IMPORT: The subject imports material and goods from
India, Korea, China |
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EXPORT: N.A |
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BANKERS
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AUSTRALIA AND
NEW ZEALAND BANKING GROUP – ANZ BANK |
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Address |
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No. 14 Le Thai To Street, Hoan Kiem
District, Hanoi City |
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Country |
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Vietnam |
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Tel |
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(84-4) 38258190 |
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Fax |
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(84-4) 38258188 |
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SHAREHOLDER(S)
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The
Subject is only representative office of TENAMYD CANADA Inc - CANADA
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1. NAME |
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S.I.A TENAMYD CANADA INC. |
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Address |
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242, Varry street,
St. Laurent, Quebec, H4N1A3, Canada |
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Country |
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Canada |
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Tel |
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+514 748
1654 |
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Fax |
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+514 748 1654 |
FINANCIAL DATA
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The subject is representative office of S.I.A Tenamyd Canada Inc, 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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Fair |
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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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Relative |
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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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L/C, TT |
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Sale Methods |
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Through pharmaceutical company in domestic |
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INTERPRETATION ON THE SCORES
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The subject is a representative office established by S.I. A Tenamyd Canada Inc Company in 1994 with its certificated license No. 974/ TMGP dated May 14th, 1994 by Ministry of Trade (today is Ministry of Industry and Trade). On November 30th, 2006, the subject received its new license to suit the new law in Vietnam with No. 01-000016. The subject focuses on importing and trading pharmaceutical products and cosmetic. The subject imports goods from India, Korea, China. Its products are distributed major to pharmaceutical company in domestic. Its products appear in Northern, Middle and Southern provinces. Brand name of products of the subject is known much by consumers. The subject’s premises and facilities are normal. Its operation is fair. The management capacity of the subject is above average. The subject has 10 staffs have qualification. Its operation is relatively busy. In conclusion, the subject operates relatively effective. Its brand name is known on market in domestic. It has capacity to meet small business commitments. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.74 |
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UK Pound |
1 |
Rs.74.37 |
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Euro |
1 |
Rs.62.78 |
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%)