MIRA INFORM REPORT

 

 

Report Date :

27.07.2011

 

IDENTIFICATION DETAILS

 

Name :

ZIZAWA CO LTD

 

 

Registered Office :

343, 2Fl Bo Aung Kyaw St, Kyauktada, Yangon 11184

 

 

Country :

Myanmar

 

 

Date of Incorporation :

06.08.1990

 

 

Legal Form :

Company Limited

 

 

Line of Business :

Medical Equipment & Pharmaceutical

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 50,000.00

 

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Myanmar

C2

C2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

REGISTERED NAME & COMPANY SUMMARY

 

Organization Name

:

ZIZAWA CO LTD

Address

:

343, 2Fl Bo Aung Kyaw St, Kyauktada, Yangon 11184

Country

:

Myanmar

Phone (S)

:

[+95] 1-242458

Facsimile

:

[+95] 1-245523

Email

 

zizawa@mptmail.net.mm

Primary Business Activity

 

Trader

Key Industry

 

Medical Equipment & Pharmaceutical

 

Key Facts

 

Registered Legal Address

:

343, 2Fl Bo Aung Kyaw St, Kyauktada, Yangon 11184

Operational Address

:

343, 2Fl Bo Aung Kyaw St, Kyauktada, Yangon 11184

License Number

:

168/1990-1991

Legal Form

:

Company Limited

Operational Status of Business

:

Normal

Date of Registration

 

6 Aug, 1990 (1)

Employees

 

40

Capital

 

n/a(2)

 

Report Details

 

 

 

 

 

 

Country

:

Myanmar

Business Entity Name

:

ZIZAWA CO LTD

Primary Business Activity

:

Trader

Primary Industry

:

Medical Equipment & Pharmaceutical

Office Contact Details

Operating Address

:

343, 2Fl Bo Aung Kyaw St, Kyauktada, Yangon 11184

Tel

:

[+95] 1-242458

Fax

:

[+95] 1-245523

 

:

[+95] 1-281706

Email

:

zizawa@mptmail.net.mm

 

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: USD 50,000.00  based on  90 days

 

DIRECTORS/MANAGEMENT

 

 

COMPANY MANAGEMENT

 

 

 

Management Listings

 

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. Win Thein

Myanmar

Managing Director

-

2

Mr. Su Mon Win

Myanmar

Executive

Marketing

 

 

Management Details - 1

Personal Unique Identifier

:

MI02945032

Name

:

Mr. Win Thein

 

 

 

Management Details - 2

Personal Unique Identifier

:

MI02945034

Name

:

Mr. Su Mon Win

 

 

COMPANY DIRECTORS

1

 

 

Personal Unique Identifier

:

MI02949941

Name

:

Mr. Mra-aung Saw

Nationality

:

Myanmar

 

2

 

 

Personal Unique Identifier

:

MI02952913

Name

:

Mr. U. Ba Than

Nationality

:

Myanmar

Registered Address

:

62 Sint O Dan St ,Latha ,Yangon

 

3

 

 

Personal Unique Identifier

:

MI02945032

Name

:

Mr. Win Thein

Nationality

:

Myanmar

 

Based on corporate statutory laws /regulations in Myanmar, there is no requirement for public disclosure of Director. In this case, the Director information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

 

 

 

 

NEGATIVE INFORMATION

 

 

ADVERSE DATA MONITORING

 

 

 

 

DISHONORED CHECKS

 

No Record Found

 

 

DEBT

 

No Record Found

 

 

LITIGATION

 

No Record Found

 

 

PERFORMANCE DEFAULTS

 

No Record Found

 

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

 

 

 

SHARE & SHARE CAPITAL INFORMATION

 

SHAREHOLDERS

Total number of shareholders

:

2

Total number of shares

:

n/a

 

Currency

:

MMK - Myanmar Kyat

 

No.

Shareholders

Country

Shares

Number

Amount (MMK)

%

1

Mr. Win Thein

Myanmar

n/a

n/a

90.00

2

Undisclosed Shareholders

Myanmar

n/a

n/a

10.00

Total

n/a

n/a

100.00

 

 

 

PAYMENT INFORMATION

 

PAYMENT TERMS

 

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Secured with Post-dated checks 30~60 days

 

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Credit - Secured with Post-dated checks 30~60 days

 

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

RELATED PARTIES (Subsidiaries , Joint-ventures & Affiliates)

 

Business Entity Name

:

BAL PHARMA LTD

Global Identifier

:

P0589101

Country

:

India

Relationship

:

Affiliate

Primary Business Activity

:

Manufacturer

Industry

:

Medical Equipment & Pharmaceutical

 

Business Entity Name

:

MICRO LABS LTD

Global Identifier

:

P0397995

Country

:

India

Relationship

:

Affiliate

Primary Business Activity

:

Manufacturer

Industry

:

Medical Equipment & Pharmaceutical

 

Business Entity Name

:

SAKA FARMA LABORATORIES PT

Global Identifier

:

P0288219

Country

:

Indonesia

Relationship

:

Affiliate

Primary Business Activity

:

Manufacturer

Industry

:

Medical Equipment & Pharmaceutical

 

FINANCIAL INFORMATION

 

FINANCIAL STATEMENT - DETAILED

 

Based on the corporate laws of Myanmar, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

 

FOREIGN EXCHANGE RATES

 

Today's Exchange rate

:

1.00 MMK
Myanmar Kyat

=

0.156006 USD
United States Dollars

 

Based on corporate statutory laws /regulations in Myanmar, there is no requirement for public disclosure of Shareholders. In this case, the Shareholder information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

 

ADDITIONAL INFORMATION

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

Product/Service Description

Code

Activity

Medical/Dental Equip/Supplies

5047

Trading

Pharmaceutical preparations

2834

Trading

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

Product/Service Description

Code

Activity

Medical, surgical, dental or veterinary furn etc

9402

Trading

Other instruments and appliances used in medical, surgical, dental or veterinary sciences

9018908000

Trading

Pharmaceutical products

3000

Trading

 

 

CORE BUSINESS DESCRIPTION

 

Core Business

The primary business focus of ZIZAWA CO LTD is:

General trading

 

 

 

 

 

 

DOMESTIC SALES & PURCHASES

 

 

 

Annual Sales Analysis

Percentage

Domestic Sales

100%

International Sales (Export)

0%

 

REPUTATION

 

 

 

Reference checking for the purpose of establishing the ZIZAWA CO LTD's reputation within the respective industry failed to reveal any adverse information.

 

LOCAL BRANCHES & MANAGEMENT

 

 

 

Branch

:

ZIZAWA CO LTD - BOTATAUNG

Branch Address

:

Ward 10, 218 Bogyoke Aung San Rd, Botataung

Branch Tel

:

95-1-246645

Branch Fax

:

95-1-246645

 

 

OFFICE & FACILITIES

 

 

 

Name

:

ZIZAWA CO LTD - KYAUKTADA, YANGON

Address

:

343, 2Fl Bo Aung Kyaw St, Kyauktada, Yangon 11184

Country

:

Myanmar

Status

:

Operational

 

 

 

 

COMPANY HISTORY

 

 

 

Date

Details

2006

Commenced business operations.

 

NOTES & COMMENTS

 

Na

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.29

UK Pound

1

Rs.72.36

Euro

1

Rs.64.17

 

 

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.