MIRA
INFORM REPORT
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Report Date : |
16.09.2008 |
IDENTIFICATION
DETAILS
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Name : |
WORLD HEALTH PHARMACEUTICAL CO LTD |
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Registered Office : |
No A58
Street 70 New Building Tom Noup Toulkok Phnom Penh |
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Country : |
Cambodia |
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Financials (as on) : |
31.12.2007 |
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Date of Incorporation : |
19 03 2003 |
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Com. Reg. No.: |
KHM 29013/IP |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importer and Distributor of Pharmaceutical
Products Oral Care Products Medicines
Body Messages Beauty Care Skin Care Health Care Products Lotions and Cosmetics Injection Vaccines Medical
Surgical Clinical Hospital Equipment and Accessories Disposable and
General Pharmacy Products Chemicals |
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 50000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company Name and Address
WORLD HEALTH
PHARMACEUTICAL
TOULSONGKHAN
RRRUSSEYKEO
PHNOM PENH
CAMBODIA
Correct Style WORLD HEALTH
PHARMACEUTICAL CO LTD
Correct Address NO A58 STREET 70 NEW
BUILDING TOM NOUP
TOULKOK PHNOM PENH CAMBODIA
Registered address AT HEADING ADDRESS
Operating Address AT HEADING ADDRESS
Telephone [855-23]
992559
Telex NONE
Fax [855-23] 998053
Branches AT 55-59 ST 318 PHNOM PENH AND OTHER AREA
Factory NONE
Date, Established
19 03 2003
Incorporation No
KHM 29013/IP DATED 19 03 2003
Legal Status
PRIVATE LIMITED
COMPANY
Businesses
IMPORTER AND DISTRIBUTOR OF PHARMACEUTICAL
PRODUCTS ORAL CARE PRODUCTS MEDICINES BODY
MESSAGES BEAUTY CARE SKIN CARE HEALTH CARE PRODUCTS LOTIONS AND COSMETICS INJECTION VACCINES MEDICAL SURGICAL
CLINICAL HOSPITAL EQUIPMENT AND ACCESSORIES DISPOSABLE AND GENERAL PHARMACY PRODUCTS CHEMICALS
Board of Directors
S A RUYEN - MANAGING DIRECTOR
DR TEA KIM CHHAY
LE THIN REAUSSU
Bankers
CAMBODIAN COMMERCIAL
BANK LTD PHNOM PENH
UNION COMMERCIAL BANK
LTD PHNOM PENH
Payments
PROMPT
Financial Position
VERY GOOD ADEQUATE
RESOURCES AVAILABLE
Shareholders
S A RUYEN 50 DR TEA KIM CHHAY 50%
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
Import from
CHINA HONGKONG VIETNAM
THAILAND AND EEC
Agency
NONE
Trade Suppliers
NONE
Premises
RENTED BASIS
Employs
55 +
Member
OF A LOCAL CHAMBER OF COMMERCE AND OTHER TRADE ASSOCIATIONS
Sources
REPORT IS PRODUCED FROM COLLECTIVE
RESULTS OF LOCAL AGENTS
Remarks
SUBJECT IS
CONSIDERED TO BE GOOD FOR ANY NORMAL BUSINESS ENGAGEMENT
CAPITAL
AS AT 31 12 2007 IN RIEL
[KHR] / MILLION
PAIDUP 150 000.00
RESERVE/SURPLUS 690 065.00
DEFERRED LIABILITIES 503 020.00
1343
085.00
CAPITAL SOURCES
FIXED ASSETS 500 000.00
INVESTMENTS 180 375.00
CURRENT ASSETS 866 505.00
1546
880.00
LESS
CURRENT LIABILITIES 203 795.00
1343
085.00
TURNOVER APPROX 3500 000.00
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.46.63 |
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UK Pound |
1 |
Rs.83.76 |
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Euro |
1 |
Rs.66.49 |
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%)