MIRA
INFORM REPORT
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Report Date : |
22.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
P.T. MITRATAMA
GLOBALINDO |
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Registered Office : |
C/o Poris Paradise Block B-1 No. 8, Poris Gaga, Batu Ceper, Tangerang
15148, Banten Province |
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Country : |
Indonesia |
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Date of Incorporation : |
2005 |
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Com. Reg. No.: |
C-01501 HT.01.01.TH.2007 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
General Trading and Supplies |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Name of Company
P.T. MITRATAMA
GLOBALINDO
A d d r e s s
Head Office
c/o Poris Paradise
Block B-1 No. 8
Poris Gaga, Batu
Ceper
Tangerang 15148
Banten Province
Indonesia
Phone - Unknown
Region - Industrial
Zone
summary
Date of Incorporation : 2005
Legal Form : P.T.
(Perseroan Terbatas) or Limited Liability Company
Company Reg. No. : The Ministry of Justice and Human Rights
No. C-01501
HT.01.01.TH.2007
Dated 29 October
2007
Company
Status : Private National Company
Permit by the
Government Department : The Department of Finance
NPWP No.
02.673.068.9-402.000
Related Company : None
CAPITAL AND OWNERSHIP
Capital Structure :
Authorized Capital
: Rp.
4,000,000,000.-
Issued Capital : Rp. 4,000,000,000.-
Paid up Capital : Rp.
4,000,000,000.-
Shareholders/Owners :
a. Mr. Fandi
Arifin -
Rp. 3,600,000,000.-
Address : Taman Wisma Asri D20/46
Bekasi Utara
West Java, Indonesia
b. Mr. Rapli
Sukmono -
Rp. 400,000,000.-
Address : Kp. Rawa Bugel RT. 002/003
Margamulya, Bekasi Utara
West Java
Indonesia
BUSINESS ACTIVITIES
Lines of
Business:
General Trading
and Supplies
Production
Capacity :
None
Total
Investment :
None
Started
Operation :
2005 but now the
address is unknown
Brand Name :
None
Technical
Assistance :
None
Number of
Employee :
None
Marketing Area
:
Local - 100%
Main Customer
:
Unknown
Market
Situation :
Unknown
Main
Competitors :
Unknown
Business Trend
:
No comment
BANKER, AUDITOR & LITIGATION
B a n k e
r s :
Unknown
Auditor :
Internal Auditor
Litigation :
No litigation
record in our database
FINANCIAL FIGURE
Annual Sales
(estimated) :
Unknown
Net Profit
(Loss) :
Unknown
Payment Manner
:
Unknown
Financial Comments :
Weak
KEY EXECUTIVES
Board of
Management :
Director
- Mr. Rapli
Sukmono
Board of
Commissioner :
Commissioner -
Mr. Fandi Arifin
Signatories :
Director (Mr. Fandi Arifin) which must
be approved by Board of Commissioners.
CAPABILITIES
Management
Capability :
Weak
Business Morality
:
Prudent
Credit Risk :
Very High
Credit
Recommendation :
Not qualified for credit assessment
Proposed Credit Limit :
Deposit or
Advance Payments
Maximum Credit
Limit :
No comment
OVERALL PERFOMANCE
Based to our investigation to the above address Poris Paradise Block B-1
No. 8, Poris Gaga, Batu Ceper, Tangerang, Banten Province, through P.T. TELKOM
in Jakarta and Tangerang, explained that the above addressed or P.T. MITRATAMA
GLOBALINDO has yet not registered on the P.T. TELKOM information and Indonesian
Standard Book Directory.
Based to the company notary deed, P.T. MITRATAMA GLOBALINDO (P.T. MG)
was established in Tangerang, Banten Province in 2005 with the authorized
capital of Rp. 4,000,000,000 entirely issued and paid up. The founding
shareholders of the company are Mr. Fandi Arifin and Mr. Rapli Sukmono, both
are Indonesian businessmen of Chinese origins. The deed of amended was made by
Mrs. Lianadewi Tuggali, SH, a public notary in Tangerang, under Company
Registration Number C-01501.HT.01.01.TH. 2007, dated October 29, 2007.
Pursuant to the deed of notary of the company, PT. MG dealing with
trading and exporter of agricultural commodities, general contracting, trading
and supplies, plantation, hatchery, land clearing, garment and textile
industry, freight forwarding services, custom clearance, logistic services,
custom brokerage services, trading and distribution, export import services,
industry, manufacturing, general trading such as trading of technical,
electrical, mechanical goods, and building material, and acting as supplier,
distributor, wholesaler and agent of the companies both inside or outside the
country. (Source Notary Deed of P.T. MG). We didn’t know the complete line of
business of P.T. MG due to the complete address of the company was not
found.
We refrain from informing business prospect of P.T. MG because of having
yet know the complete address up to present. In view of having yet to be
unknown the complete address, the company’s financial condition is as much as
the company’s issued capital worth Rp. 4,000,000,000. We find that the
company’s financial condition still depends on the financial condition of its
shareholders being supported by the businessmen behind it.
Based to the company notary deed, the management of P.T. MG is led by
Mr. Rapli Sukmono (40) as director and Mr. Fandi Arifin (38) as a commissioner.
The management will eventually be handled by professional managers having wide
relation with overseas and national private businessmen as well as with the
government sectors. In view of P.T. MITRATAMA GLOBALINDO having yet to be
unknown the complete address, we recommend that a high degree of prudence be
observed in business transactions and an adequate collateral from its
shareholders be acquired in extending a new loan to the company.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.49.29 |
|
UK Pound |
1 |
Rs.80.40 |
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Euro |
1 |
Rs.63.35 |
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%)