* Adopted abbreviations :
|
SC - Subject Company (the company enquired by you)
|
|
|
|
N/A - Not Applicable
|
|
|
|
EXECUTIVE SUMMARY
|
REGISTRATION NO.
|
:
|
893642-P
|
|
COMPANY NAME
|
:
|
DELRON TRADING SDN BHD
|
|
FORMER NAME
|
:
|
N/A
|
|
INCORPORATION DATE
|
:
|
17/03/2010
|
|
|
|
|
|
COMPANY STATUS
|
:
|
EXIST
|
|
LEGAL STATUS
|
:
|
PRIVATE LIMITED
|
|
LISTED STATUS
|
:
|
NO
|
|
|
|
|
|
REGISTERED ADDRESS
|
:
|
30A, JALAN 17/155C, BANDAR BUKIT JALIL, 57000 KUALA
LUMPUR, WILAYAH PERSEKUTUAN,
MALAYSIA.
|
|
BUSINESS ADDRESS
|
:
|
MENARA KECK SENG, 33RD FLOOR, UNIT 33-01, 203, JALAN BUKIT BINTANG,
55100 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
TEL.NO.
|
:
|
N/A
|
|
FAX.NO.
|
:
|
N/A
|
|
CONTACT PERSON
|
:
|
N/A
|
|
|
|
|
|
INDUSTRY CODE
|
:
|
74999
|
|
PRINCIPAL ACTIVITY
|
:
|
GENERAL TRADER, ACQUISITION OF LANDS, HOUSES & CONTRCTOR
|
|
AUTHORISED
CAPITAL
|
:
|
MYR 100,000.00
DIVIDED INTO
ORDINARY SHARE 100,000.00 OF MYR 1.00 EACH.
|
|
ISSUED AND
PAID UP CAPITAL
|
:
|
MYR 2.00
DIVIDED INTO
ORDINARY SHARES 2 CASH OF MYR 1.00 EACH.
|
|
|
|
|
|
SALES
|
:
|
N/A
|
|
NET WORTH
|
:
|
N/A
|
|
|
|
|
|
STAFF STRENGTH
|
:
|
N/A
|
|
LITIGATION
|
:
|
CLEAR
|
|
DEFAULTER CHECK
|
:
|
CLEAR
|
|
FINANCIAL CONDITION
|
:
|
N/A
|
|
PAYMENT
|
:
|
N/A
|
|
MANAGEMENT CAPABILITY
|
:
|
N/A
|
|
|
|
|
|
COMMERCIAL RISK
|
:
|
N/A
|
|
CURRENCY EXPOSURE
|
:
|
N/A
|
|
GENERAL REPUTATION
|
:
|
N/A
|
|
INDUSTRY OUTLOOK
|
:
|
MARGINAL GROWTH
|
|
PROPOSED CREDIT LIMIT
|
:
|
NIL
|
HISTORY / BACKGROUND
The SC is a private limited company and is
allowed to have a minimum of one and a maximum of forty-nine shareholders. As
a private limited company, the SC must have at least two directors. A private
limited company is a separate legal entity from its shareholders. As a
separate legal entity, the SC is capable of owning assets, entering into
contracts, sue or be sued by other companies. The liabilities of the
shareholders are to the extent of the equity they have taken up and the
creditors cannot claim on shareholders' personal assets even if the SC is
insolvent. The SC is governed by the Companies Act, 1965 and the company must
file its annual returns, together with its financial statements with the
Registrar of Companies.
The SC is principally engaged in the (as a / as an) general trader,
acquisition of lands, houses & contrctor.
The SC is not listed on Bursa Malaysia
(Malaysia Stock Exchange).
The major shareholder(s) of the SC are
shown as follows :
Name
|
Address
|
IC/PP/Loc No
|
Shareholding
|
|
MR. SAHARUDDIN
BIN ABDULLAH
|
|
700505-08-6573
A1562188
|
1.00
|
|
MS. SUMAMI
BINTI KIMAN
|
|
670220-01-6024
A0623881
|
1.00
|
|
|
|
|
---------------
|
|
|
|
|
2.00
|
|
|
|
|
============
|
+ Also Director
DIRECTORS
DIRECTOR 1
|
Name Of Subject
|
:
|
VIPUL JITENDRAKUMAR SONI
|
|
Address
|
:
|
BLOCK E1, UNIT 3, PHASE I, PANTAI
HILL PARK,
JALAN PANTAI DALAM, 2ND FLOOR, 59200 KUALA LUMPUR,
WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
G0184672
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nationality
|
:
|
N/A
|
|
Date of Appointment
|
:
|
23/09/2010
|
|
|
|
|
DIRECTOR 2
|
Name Of Subject
|
:
|
MS. NORAINI BTE ABDULLAH
|
|
Address
|
:
|
274-3, BLOK 2, FLAT SRI LABUAN, BANDAR TUN RAZAK, CHERAS, 56000 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
A0699751
|
|
New IC No
|
:
|
670201-08-5358
|
|
Date of Birth
|
:
|
01/02/1967
|
|
|
|
|
|
Nationality
|
:
|
MALAYSIAN MALAY
|
|
Date of Appointment
|
:
|
23/09/2010
|
|
|
|
|
MANAGEMENT
No data found in our databank.
AUDITOR
No Auditor found in our databank
COMPANY SECRETARIES
|
1)
|
Company Secretary
|
:
|
MS. CHUA CHENG POH
|
|
|
IC / PP No
|
:
|
A1267822
|
|
|
New IC No
|
:
|
690610-10-5450
|
|
|
Address
|
:
|
5, JALAN SENTUL JAYA 2, LORONG 4, 51100 KUALA
LUMPUR, WILAYAH PERSEKUTUAN,
MALAYSIA.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BANKING
No Banker found in our databank.
ENCUMBRANCE (S)
No encumbrance was found in our databank at the time of investigation.
LEGAL CHECK AGAINST SC
* A check has been conducted in our databank againt the SC whether the
subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No legal action was found in our databank.
No winding up petition was found in our databank.
DEFAULTER CHECK AGAINST SC
* We have checked through the SC in our defaulters' database which comprised
of debtors that have been blacklisted by our customers and debtors that have
been placed or assigned to us for collection since 1990. Information was
provided by third party where the debt amount can be disputed. Please check
with creditors for confirmation as alleged debts may have been paid since
recorded or are being disputed.
No blacklisted record & debt collection case was found in our defaulters'
databank.
PAYMENT RECORD
No payment record found in our databank.
CLIENTELE
No data found in our databank.
OPERATIONS
|
Competitor(s)
|
:
|
|
ADVANCE TECH COMMUNICATIONS SDN BHD
|
|
CETHEUS MSC BHD
|
|
GLOBAL CNG SDN BHD
|
|
GOLDEN SCREEN CINEMAS SDN BHD
|
|
MUDAH.MY SDN BHD
|
|
|
|
|
|
Other Information:
The SC is principally engaged in the (as a / as an) general trader,
acquisition of lands, houses & contrctor.
PROJECTS
No projects found in our databank
RECENT DEVELOPMENT
We have checked with the Malaysian National News Agency's (BERNAMA)database,
but no latest development was noted in our investigation.
CURRENT INVESTIGATION
Latest fresh
investigations carried out on the SC indicated that :
|
Telephone Number Provided By Client
|
:
|
6321169622
|
|
Current Telephone Number
|
:
|
N/A
|
|
Match
|
:
|
N/A
|
|
|
|
|
|
Address Provided by Client
|
:
|
33-01 FLOOR 33RD FLOOR, MENHRA KECK SENG 203 JALAN BUKIT BINTANG
55100, KUALALUMPUR
|
|
Current Address
|
:
|
MENARA KECK SENG, 33RD FLOOR, UNIT 33-01, 203, JALAN BUKIT BINTANG,
55100 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
Match
|
:
|
N/A
|
|
|
|
|
|
Latest Financial Accounts
|
:
|
NO
|
|
The SC being newly incorporated and has yet to file its financial statement
with the Registrar Office.
|
|
|
Other Investigations
We have tried to contact the SC by the telephone number provided, 03-21169622
on several occassions but left unattended.
Due to this, we were unable to provide more information pertaining to the SC.
FINANCIAL COMMENTS
No latest
financial accounts are available at the Registry Office, thus we are not able
to comment on the SC's financial performance.
ECONOMIC / INDUSTRY OUTLOOK
|
Major Economic Indicators:
|
2007
|
2008
|
2009
|
2010*
|
2011**
|
|
|
|
|
|
|
|
|
Population ( Million)
|
27.17
|
27.73
|
28.31
|
28.88
|
29.13
|
|
Gross Domestic Products ( % )
|
6.3
|
4.6
|
<0.5>
|
6.9
|
5.8
|
|
Domestic Demand ( % )
|
9.0
|
6.9
|
2.9
|
4.6
|
4.8
|
|
Private Expenditure ( % )
|
8.6
|
7.1
|
<2.7>
|
8.1
|
7.0
|
|
Consumption ( % )
|
9.0
|
8.4
|
0.7
|
6.7
|
6.3
|
|
Investment ( % )
|
7.1
|
1.5
|
<17.2>
|
15.2
|
10.2
|
|
Public Expenditure ( % )
|
10.1
|
6.5
|
5.2
|
3.8
|
2.8
|
|
Consumption ( % )
|
10.8
|
11.6
|
3.1
|
0.2
|
4.6
|
|
Investment ( % )
|
9.3
|
0.7
|
8.0
|
8.3
|
0.6
|
|
|
|
|
|
|
|
|
Balance of Trade ( MYR Million )
|
100,340
|
129,563
|
89,650
|
118,356
|
116,058
|
|
Government Finance ( MYR Million )
|
<19,948>
|
<34,462>
|
<28,450>
|
<40,482>
|
-
|
|
Government Finance to GDP / Fiscal Deficit ( % )
|
<3.2>
|
<4.8>
|
<4.8>
|
<5.6>
|
<5.4>
|
|
Inflation ( % Change in Composite CPI)
|
2.0
|
<3.3>
|
<5.2>
|
5.1
|
-
|
|
Unemployment Rate
|
3.2
|
3.7
|
4.5
|
3.9
|
-
|
|
|
|
|
|
|
|
|
Net International Reserves ( MYR Billion )
|
336
|
388
|
331
|
394
|
-
|
|
Average Risk-Weighted Capital Adequacy Ratio ( % )
|
3.04
|
1.91
|
2.87
|
2.20
|
-
|
|
Average 3 Months of Non-performing Loans ( % )
|
13.30
|
13.24
|
11.08
|
15.30
|
-
|
|
Average Base Lending Rate ( % )
|
6.72
|
6.72
|
5.53
|
5.70
|
-
|
|
Business Loans Disbursed( % )
|
9.1
|
11.6
|
10.5
|
14.7
|
-
|
|
Foreign Investment ( MYR Million )
|
33,426.0
|
23,261.4
|
22,156.8
|
22,517.9
|
-
|
|
Consumer Loans ( % )
|
-
|
-
|
-
|
-
|
-
|
|
|
|
|
|
|
|
|
Registration of New Companies ( No. )
|
43,337
|
41,599
|
41,578
|
-
|
-
|
|
Registration of New Companies ( % )
|
13.2
|
<4.0>
|
<0.1>
|
-
|
-
|
|
Liquidation of Companies ( No. )
|
22,629
|
27,992
|
39,075
|
-
|
-
|
|
Liquidation of Companies ( % )
|
161.5
|
23.7
|
39.6
|
-
|
-
|
|
|
|
|
|
|
|
|
Registration of New Business ( No. )
|
227,410
|
269,866
|
312,581
|
-
|
-
|
|
Registration of New Business ( % )
|
-
|
-
|
-
|
-
|
-
|
|
Business Dissolved ( No. )
|
20,431
|
18,885
|
19,345
|
-
|
-
|
|
Business Dissolved ( % )
|
<61.4>
|
<7.6>
|
2.4
|
-
|
-
|
|
|
|
|
|
|
|
|
Sales of New Passenger Cars (' 000 Unit )
|
442.9
|
497.5
|
319.4
|
369.7
|
-
|
|
Cellular Phone Subscribers ( Million )
|
23.3
|
25.1
|
30.1
|
32.8
|
-
|
|
Tourist Arrival ( Million Persons )
|
20.9
|
21.5
|
23.6
|
24.0
|
-
|
|
Hotel Occupancy Rate ( % )
|
70
|
68
|
58
|
63
|
-
|
|
|
|
|
|
|
|
|
Credit Cards Spending ( % )
|
20.1
|
17.1
|
12.8
|
15.1
|
-
|
|
Bad Cheque Offenders (No.)
|
30,004
|
34,834
|
-
|
-
|
-
|
|
Individual Bankruptcy ( No.)
|
13,238
|
13,907
|
-
|
-
|
-
|
|
Individual Bankruptcy ( % )
|
<2.6>
|
5.1
|
-
|
-
|
-
|
|
|
|
|
|
|
|
|
INDUSTRIES ( % of Growth ):
|
2007
|
2008
|
2009
|
2010*
|
2011**
|
|
|
|
|
|
|
|
|
Agriculture
|
3.1
|
3.6
|
0.4
|
3.4
|
4.5
|
|
Palm Oil
|
<0.6>
|
7.0
|
<1.1>
|
1.3
|
-
|
|
Rubber
|
1.0
|
<1.1>
|
<19.8>
|
9.9
|
-
|
|
Forestry & Logging
|
2.8
|
<1.5>
|
<5.9>
|
<1.3>
|
-
|
|
Fishing
|
5.2
|
4.0
|
5.5
|
4.1
|
-
|
|
Other Agriculture
|
7.0
|
5.9
|
9.0
|
6.6
|
-
|
|
Industry Non-Performing Loans ( MYR Million )
|
487.3
|
393.0
|
413.7
|
508.4
|
-
|
|
% of Industry Non-Performing Loans
|
1.1
|
<2.0>
|
1.3
|
2.1
|
-
|
|
|
|
|
|
|
|
|
Mining
|
3.3
|
<0.8>
|
<3.8>
|
1.0
|
2.9
|
|
Oil & Gas
|
2.2
|
12.7
|
2.1
|
4.9
|
-
|
|
Other Mining
|
-
|
-
|
-
|
-
|
-
|
|
Industry Non-performing Loans ( MYR Million )
|
42.2
|
36.0
|
44.2
|
49.7
|
-
|
|
% of Industry Non-performing Loans
|
0.1
|
0.1
|
0.1
|
0.1
|
-
|
|
|
|
|
|
|
|
|
Manufacturing #
|
3.1
|
1.3
|
<9.4>
|
10.8
|
6.7
|
|
Exported-oriented Industries
|
<1.9>
|
2.7
|
<19.0>
|
12.1
|
-
|
|
Electrical & Electronics
|
3.0
|
2.4
|
<30.3>
|
27.4
|
-
|
|
Rubber Products
|
8.0
|
4.2
|
<10.1>
|
25.3
|
-
|
|
Wood Products
|
3.3
|
<6.0>
|
<24.1>
|
19.7
|
-
|
|
Textiles & Apparel
|
<10.1>
|
1.9
|
<19.5>
|
<1.3>
|
-
|
|
Domestic-oriented Industries
|
5.3
|
9.9
|
<9.8>
|
16.3
|
-
|
|
Food, Beverages & Tobacco
|
5.6
|
9.5
|
0.2
|
3.0
|
-
|
|
Chemical & Chemical Products
|
9.2
|
1.4
|
<7.7>
|
20.4
|
-
|
|
Plastic Products
|
<3.6>
|
6.5
|
<9.1>
|
2.4
|
-
|
|
Iron & Steel
|
17.5
|
16.8
|
<32.7>
|
30.0
|
-
|
|
Fabricated Metal Products
|
26.2
|
14.7
|
<2.5>
|
14.9
|
-
|
|
Non-metallic Mineral
|
6.6
|
8.3
|
<15.5>
|
20.2
|
-
|
|
Transport Equipment
|
<19.0>
|
27.1
|
<13.5>
|
36.5
|
-
|
|
Paper & Paper Products
|
14.9
|
8.6
|
<5.0>
|
20.5
|
-
|
|
Crude Oil Refineries
|
8.6
|
7.8
|
0.2
|
<11.4>
|
-
|
|
Industry Non-Performing Loans ( MYR Million )
|
6,366.2
|
5,729.4
|
6,007.3
|
6,217.5
|
-
|
|
% of Industry Non-Performing Loans
|
14.1
|
16.8
|
18.3
|
23.8
|
-
|
|
|
|
|
|
|
|
|
Construction
|
4.6
|
2.1
|
5.8
|
4.9
|
4.4
|
|
Industry Non-Performing Loans ( MYR Million )
|
5,116.7
|
4,149.8
|
3,241.8
|
4,038.5
|
-
|
|
% of Industry Non-Performing Loans
|
11.3
|
12.2
|
9.9
|
10.7
|
-
|
|
|
|
|
|
|
|
|
Services
|
9.7
|
7.3
|
2.6
|
6.5
|
5.3
|
|
Electric, Gas & Water
|
4.6
|
5.0
|
0.4
|
8.5
|
5.6
|
|
Transport, Storage & Communication
|
7.60
|
7.80
|
1.60
|
7.15
|
7.55
|
|
Wholesale, Retail, Hotel & Restaurant
|
11.6
|
10.0
|
2.8
|
4.7
|
5.2
|
|
Finance, Insurance & Real Estate
|
10.7
|
9.2
|
3.8
|
6.0
|
5.2
|
|
Government Services
|
4.6
|
8.6
|
2.0
|
6.7
|
1.9
|
|
Other Services
|
5.0
|
5.9
|
4.4
|
4.2
|
5.4
|
|
Industry Non-Performing Loans ( MYR Million )
|
10,207.8
|
8,281.4
|
6,631.3
|
7,384.6
|
-
|
|
% of Industry Non-Performing Loans
|
22.6
|
24.3
|
20.2
|
25.7
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Estimate / Preliminary
|
|
|
|
|
|
|
** Forecast
|
|
|
|
|
|
|
# Based On
Manufacturing Production Index
(Source : Department of Statistics / Economic Report / Bank Negara Report)
|
INDUSTRY COMMENTS
|
MSIC CODE
|
|
74999 : Other business services n.e.c.
|
|
|
|
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INDUSTRY :
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BUSINESS SERVICES
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Amidst slower overall economic activity, growth in the services sector is
expected to moderate to 4.5% in 2009. However, as the sector is more
domestically driven, the slower but continued growth in domestic demand,
together with supportive fiscal and monetary policies, will provide some
support against the weaker performance of trade- and tourism-related
activities that are expected to prevail in 2009. As a whole, the services
sector will remain the key growth sector of the economy in 2009,
contributing 2.5% points to the overall GDP growth.
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In the services sector, consumer-oriented business segments such as
transportation and communications are expected to continue to undertake
investments, mainly to improve the provision of services. Businesses in the
wholesale and retail trade sub-sector are also expected to expand their
operations, though more selectively and at strategically located new
outlets. In the mining sector, capital spending will moderate and be
channelled towards maintaining existing production facilities and
exploration activities in view of long-term commitment to ensure
sustainable reserves. In addition, capital expenditure in the construction
sector will benefit from the implementation of projects identified in the stimulus
packages as well as the Ninth Malaysia Plan (9MP).
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Public consumption is expected to increase by 7.3% in 2009, due mainly to
higher expenditures on emoluments and supplies and services. Of importance,
the higher allocation for supplies and services is to ensure the effective
delivery of Government services to support the private sector and cushion
the impact of the external downturn on affected segments.
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In the social services sector, a major part of the allocation will be
utilised to improve the Government's provision of essential services such
as education and health, the development of infrastructure in the rural
areas and the building of affordable houses. Capital spending by the
non-financial public enterprises (NFPEs) is expected to moderate due to
slower economic activity. This will be reflected in the slower capacity
expansion in the oil and gas as well as utilities sub-sectors. Investments
by the NFPEs in the communications and utility sub-sectors will focus on
enhancing broadband network and improving power supply respectively.
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The finance and insurance sub-sector will continue to grow in 2009, albeit
at a slower pace. In line with slower private sector activity, both lending
activity and the insurance business are expected to moderate. Fee-based
income is also expected to reflect the subdued activity in the capital
markets. The lower demand for financing will, however, be partially offset
by an accommodative monetary environment and new measures introduced by the
Government and Bank Negara Malaysia to enhance access to financing for
viable businesses, such as the RM2 billion SME Assistance Guarantee Scheme,
the RM5 billion Working Capital Guarantee Scheme and the RM5 billion
Industry Restructuring Loan Guarantee Scheme.
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The communication sub-sector is expected to continue to register favourable
growth in 2009, supported by sustained demand for mobile communication and
broadband services. In particular, expansion of broadband coverage
following further investment in the high speed broadband project and WiMax
services will provide impetus for growth in the sub-sector.
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Moderation in growth is expected to be more pronounced in trade- and
business-related services due to the weakening external demand. Growth in
the transport and storage sub-sector is expected to slow, as the
anticipated lower trade and manufacturing activity will adversely affect
demand for shipping and other cargo-related transportation services.
Similarly, the passenger segment is expected to be affected by lower global
demand for air travel.
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Direct investment abroad by Malaysian companies is anticipated to be lower
in 2009, with investments channeled mainly into the regional and other
emerging economies. During the year, outflows for acquisitions of strategic
interests in the services sector, which were committed towards end-2008,
are expected to continue, particularly in the utilities and transportation
sub-sectors. Meanwhile, overseas investments in the oil and gas, and
construction sectors are expected to moderate, following the projected
subdued performance of the oil and gas sector as well as a slowdown in the
implementation of infrastructure and development projects, particularly in
the Middle East and South Asia.
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In Malaysia,
the services sector has increasingly become an important growth stabiliser,
especially with the planned withdrawal of fiscal stimulus in the event of
economic downcycle. As a result, the services sector will continue to be
one of the main engines of growth, besides the manufacturing sector, in
supporting the overall growth of the economy.
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Note : The Ninth Malaysia Plan (9MP) was tabled in Parliament on March 31,
2006, is the five-year blueprints within the new National Mission policy
and implementation framework from now until 2010. Malaysia is
expected to see some structural changes and improved performance in the
economy.
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OVERALL INDUSTRY OUTLOOK : Marginal Growth
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COMMENTS & RECOMMENDATION
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During our investigation, we were unable to contact the SC as well as its
Directors. We tried to contact the SC on several occassions but left
unattended. We noted that the SC is newly incorporated company as its only
register with Registry Office in March 2010 with small capital of RM2.
Besides, there is no financial account filed to the Registry Office. In
view of this, the activeness of the SC is in doubt. Based on the above
condition, the SC is not qualified for credit assessment.
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