MIRA INFORM REPORT

 

 

 

 

Report Date :           

29.04.2011

 

IDENTIFICATION DETAILS

 

Name :

NAMI CREATIONS SDN BHD

 

 

Registered Office :

52b, Jalan 6/21d, Medan Idaman Business Centre, Jalan, Gombak, 53100 Kuala Lumpur, Wilayah Persekutuan

 

 

Country :

Malaysia

 

 

Date of Incorporation :

28.03.2005                                        

 

 

Com. Reg. No.:

686333-H

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Retail of jewelleries

 

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

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Malaysia

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

COMPANY SEARCH

 

LOCAL NO                                :           686333-H

COMPANY NAME                              :  NAMI CREATIONS SDN BHD

FORMER NAME                                :  N/A

INCORPORATION DATE                     :  28/03/2005

COMPANY STATUS                           :  EXIST

LEGAL STATUS                                 :  PRIVATE LIMITED COMPANy

REGISTERED ADDRESS                   :  52B, JALAN 6/21D, MEDAN IDAMAN BUSINESS CENTRE, JALAN

GOMBAK, 53100 KUALA LUMPUR, WILAYAH PERSEKUTUAN,

MALAYSIA.

BUSINESS ADDRESS                       :  1-18-01, LANAI KIARA CONDOMINUIUM, JALAN 1/61A, MONT

KIARA, 50480 KUALA LUMPUR, WILAYAH PERSEKUTUAN,

MALAYSIA

PRINCIPAL ACTIVITY                            :RETAIL OF JEWELLERIES

AUTHORISED CAPITAL                      :  MYR500,000.00 DIVIDED INTO

                                                            ORDINARY SHARE 500,000 OF MYR1.00 EACH.

ISSUED AND PAID UP CAPITAL         :  MYR500,000.00 DIVIDED INTO

                                                           ORDINARY SHARE 500,000 CASH OF MYR1.00 EACH.

 

 

SHAREHOLDER (S)

 

The major shareholder(s) of the SC are shown as follows :

     Name                                   Address                                                          IC/PP/Loc No: Shareholding

     NIREN BHARAT SHAH +       1-18-01, LANAI KIARA CONDOMINIUM, JALAN       Z1534153          200,000

                                                 1/61A, MONT KIARA, 50480 KUALA LUMPUR,

                                                 WILAYAH PERSEKUTUAN, MALAYSIA.

     MS. HASEENA BEGAM BTE 74, JALAN SG 10/2, TAMAN SRI GOMBAK,   850726-14-6334          150,000

     IBRAHIM BABU +                 68100 BATU CAVES, SELANGOR, MALAYSIA.

     MR. MOIDEEN BIN ALI KUTTY                        45, KAMPUNG MUHIBBAH, MUKIM NAGA,       A1160694        150,000

                                                 06000 JITRA, KEDAH, MALAYSIA.                681105-02-5439

                                                                                                                                              --------------------

                                                                                                                                                      500,000

                                                                                                                                             ===========

     + Also Director

DIRECTORS

DIRECTOR  1

Name of Subject                         :     NIREN BHARAT SHAH

Address                                     :     1-18-01, LANAI KIARA CONDOMINIUM, JALAN 1/61A, MONT

KIARA, 50480 KUALA LUMPUR, WILAYAH PERSEKUTUAN,

MALAYSIA.

IC / PP No.                                 :     Z1534153

Nationality                                  :     INDIAN

Date of Appointment                    :     28/03/2005

DIRECTOR  2

Name of Subject                         :     MS. HASEENA BEGAM BTE IBRAHIM BABU

Address                                     :     74, JALAN SG 10/2, TAMAN SRI GOMBAK, 68100 BATU CAVES,

SELANGOR, MALAYSIA.

IC / PP No.                                 :     N/A

New IC No                                  :     850726-14-6334

Nationality                                  :     MALAYSIAN CHINESE

Date of Appointment                    :     07/05/2007

 

 

AUDITOR

Auditor                               :     ABDUL RAJI & CO

Auditors' Address                :     B17-4, BLOCK B, MEGAN AVENUE, 12, JALAN YAP KWAN SENG, 50450

                                                KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.

 

 

COMPANY SECRETARY

      1)   Company Secretary            :     MR. MAHMMUD BIN KINDANG

           IC / PP No.                         :     K0075485

           New IC No.                         :     651206-13-5541

           Address                             :     12A, TAMAN RAMPAISARI 1A, BANDAR SUNGAI BUAYA, 48010

                                                          RAWANG, SELANGOR, MALAYSIA.

ENCUMBRANCE (S)

No encumbrance was found in our databank at the time of investigation.

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.33

UK Pound

1

Rs.74.14

Euro

1

Rs.65.78

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.