MIRA INFORM REPORT
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Report Date : |
14.04.2011 |
IDENTIFICATION DETAILS
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Name : |
TUAN MINH INVESTMENT COMPANY LIMITED |
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Registered Office : |
4th Floor, |
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Country : |
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Date of Incorporation : |
20.02.2009 |
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Com. Reg. No.: |
0102037566 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
trading agricultural raw materials such as cinnamon, aniseed |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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b1 |
b1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
SUBJECT
IDENTIFICATION & LEGAL FORM
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English Name |
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TUAN MINH INVESTMENT COMPANY LIMITED |
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Vietnamese Name |
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CONG TY TNHH DAU TU TUAN MINH |
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Short name |
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TUAN MINH INVES CO., LTD |
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Type of Business |
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Limited liability company |
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Year Established |
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2009 |
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Business Registration No. |
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0102037566 |
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Date of Registration |
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20 Feb 2009 |
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Place of Registration |
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Department of Planning and Investment of
Ha |
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Current registered capital |
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500,000,000 VND |
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Status |
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Unlisted |
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Tax code |
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0103390249 |
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Total Employees |
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20 |
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Size |
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Small |
company ADDRESSES
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Head Office |
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Address |
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4th Floor, |
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Telephone |
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(84-4) 37713823 |
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Fax |
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(84-4) 37713824 |
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Email |
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Registration
Address |
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Address |
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No. 10, Alley |
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Telephone |
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(84-4) 39348491 |
DIRECTORS
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1
. NAME |
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Mr.
NGUYEN BA CUONG |
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Position |
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Director |
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Date of Birth |
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1955 |
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ID Number/Passport |
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010260294 |
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Current resident |
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No. 10, Alley |
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Nationality |
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Vietnamese |
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2
. NAME |
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Ms.
LE THI MAI |
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Position |
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Vice Director |
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ID Number/Passport |
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012990927 |
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Resident |
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No. 10 - 22 Lane Hang
Voi - Ly Thai To Ward - Hoan Kiem District - Ha Noi City - Vietnam |
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Nationality |
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Vietnamese |
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Mobile phone |
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84-984663966 |
BUSINESS
NATURE AND ACTIVITIES
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The subject
is specializing in trading agricultural raw materials such as cinnamon,
aniseed... |
IMPORT &
EXPORT ACTIVITIES
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EXPORT: |
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·
Types of products |
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Agricultural raw material |
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·
Market |
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IMPORT: The subject only export agricultural raw
material |
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BANKERS
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1.
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Address |
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19B Tran Hung Dao - Hoan Kiem District - Ha |
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Telephone |
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(84-4) 38242306 |
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Fax |
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(84-4) 38267798 |
SHAREHOLDERS
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1
. NAME |
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Ms.
LE THI MAI |
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Position |
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Vice Director |
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ID Number/Passport |
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012990927 |
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Issued on |
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29 Sep 2007 |
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Issued Place |
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Resident |
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No. 10 - 22 Lane Hang Voi - Ly Thai To Ward
- Hoan Kiem District - Ha |
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Nationality |
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Vietnamese |
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Value of shares |
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400,000,000 VND |
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Percentage |
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80% |
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2
. NAME |
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Mr.
NGUYEN BA CUONG |
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Position |
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Director |
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Date of Birth |
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1955 |
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ID Number/Passport |
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010260294 |
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Issued on |
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18 Aug 1995 |
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Current Resident |
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No. 10, Alley |
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Value of shares |
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100,000,000 VND |
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Percentage |
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20% |
FINANCIAL DATA
We have tried best to collect financial data but it is not
available in our sources.
PAYMENT HISTORY & PERFORMANCE
EXPERIENCES
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Trade Morality |
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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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Below Average |
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Development trend |
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N/A |
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Litigation data |
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No Record |
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Bankruptcy |
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No Record |
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Payment Methods |
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T/T, L/C |
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Retailer and Wholesaler |
INTERPRETATION ON THE SCORES
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The subject
was established in 2009 as name Tuan Minh Investment Company limited under
business registration No. 0102037566 issued by Department of Planning and
Investment of Ha Noi City. Currently, it has got registered capital VND 500
million and 20 employees. Ms. Le Thi Mai - vice director manages all
operations of the subject. She is daughter in law of Mr. Nguyen Ba Cuong –
director of the subject. Registration
address is at No. 10, Alley 22 Hang Voi Street, Ly Thai To Ward, Hoan Kiem
District, Ha Noi City. This is house of Mr. Nguyen Ba Cuong. Head office of
the subject is located in 4th Floor, No. 559, The
subject is specializing in trading agricultural raw materials. An interview
Mr. Le Thi Mai, she said: It only exports cinnamon, star aniseed from In
general, operations of the subject seem busy. Cautions are necessary with all
transactions at this first time of operation. |
APPENDIXES
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INDUSTRY DATA |
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Industry code |
Growth speed (%) |
Total employees
2009 (Thousand) |
Total
enterprises |
Annual average
capital of enterprises |
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Predict 2010 |
2009 |
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Agriculture, Forestry
and Fishing |
2.8 |
3.0 |
24,788.5 |
2,399 |
50,530 |
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Trade and
Services |
7.5 |
11 |
10,517.9 |
79,181 |
1,754,973 |
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Construction |
7 |
11.3 |
2,692.8 |
17,783 |
248,268 |
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Manufacturing |
12 |
7.6 |
7,591.2 |
30,786 |
967,068 |
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ECONOMIC
INDICATORS |
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2010 |
2009 |
2008 |
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Population
(Million person) |
86.93 |
86.02 |
86.1 |
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Gross Domestic
Products (US$ billion) |
102.2 |
91 |
84.9 |
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GDP Growth (%) |
6.78 |
5.32 |
6.2 |
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GDP Per Capita
(US$) |
1,160 |
1,080 |
1,040 |
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Inflation (%
Change in Composite CPI) |
11.75 |
6.88 |
24.4 |
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SERVICE TRADE
PERFORMANCE |
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Billion USD |
2010 |
2009 |
2008 |
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Exports |
71.6 |
56.6 |
62.9 |
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Imports |
84 |
68.8 |
76.6 |
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Trade Balance |
-12.4 |
-12.2 |
-14.6 |
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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.44.48 |
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1 |
Rs.72.37 |
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Euro |
1 |
Rs.64.42 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.