|
* Adopted abbreviations : SC - Subject Company (the company enquired by you)
N/A
- Not Applicable
EXECUTIVE SUMMARY
|
REGISTRATION NO.
|
:
|
824462-V
|
|
COMPANY NAME
|
:
|
SRI MARUTHI RESOURCES SDN BHD
|
|
FORMER NAME
|
:
|
N/A
|
|
INCORPORATION DATE
|
:
|
08/07/2008
|
|
COMPANY STATUS
|
:
|
EXIST
|
|
LEGAL STATUS
|
:
|
PRIVATE LIMITED
|
|
LISTED STATUS
|
:
|
NO
|
|
REGISTERED ADDRESS
|
:
|
10-2, KOMPLEKS UDARAMA, JALAN 3/64A, OFF JALAN IPOH, 1ST FLOOR,
50350 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
BUSINESS ADDRESS
|
:
|
23 LENGKUNGAN VETHAVANAM, OFF JALAN IPOH, 51100 KUALA LUMPUR,
WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
TEL.NO.
|
:
|
N/A
|
|
FAX.NO.
|
:
|
N/A
|
|
CONTACT PERSON
|
:
|
N/A
|
|
|
|
|
|
INDUSTRY CODE
|
:
|
602
|
|
PRINCIPAL ACTIVITY
|
:
|
BUSINESS OF
TRANSPORTATION, OFFSHORE FIELD MAINLY IN THE EXPLORATION OIL & GAS
|
|
AUTHORISED CAPITAL
|
:
|
MYR 500,000.00
DIVIDED INTO
ORDINARY SHARE 500,000.00 OF MYR 1.00 EACH.
|
|
ISSUED AND PAID UP CAPITAL
|
:
|
MYR 500,000.00
DIVIDED INTO
ORDINARY SHARES 500,000 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) business of transportation,
offshore field mainly in the exploration oil & gas.
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. RAVI CHANDRAN A/L NADARAJAH @ SUPPIAH +
|
1A, BATU 2 1/2, JALAN IPOH, SENTUL, 52100 KUALA LUMPUR, WILAYAH
PERSEKUTUAN, MALAYSIA.
|
650718-10-7769
A1167677
|
140,000.00
|
|
DEIVASIGAMANI SUNDARARAJAN +
|
23, LINGKUNGA VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
G1920833
|
78,000.00
|
|
NATARAJAN OBULI +
|
23, LINGKUNGAN VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
F1064445
|
78,000.00
|
|
RAMASAMY VIVEKANANTHAN +
|
23, LENGKUNGAN VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
H2738077
|
78,000.00
|
|
MANIKANTAN SIVARAMAKRISHNAN +
|
23, LINGKUNGA VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
G7224042
|
42,000.00
|
|
VIMAL SANDANARAJ +
[OLD PP: F8289859]
|
23, LINGKUNGAN VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
H7076925
|
42,000.00
|
|
CHANDRA PRAKASH APPADURAI
[OLD PP: F7071294]
|
23, LINGKUNGA VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
H3152459
|
42,000.00
|
|
|
|
|
---------------
|
|
|
|
|
500,000.00
|
|
|
|
|
============
|
+ Also Director
DIRECTORS
DIRECTOR 1
|
Name Of Subject
|
:
|
GOWRI SANKAR BALAKRISHNAN
|
|
Address
|
:
|
23 LENGKUNGAN VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
G2910783
|
|
Nationality
|
:
|
N/A
|
|
Date of Appointment
|
:
|
08/03/2010
|
DIRECTOR 2
|
Name Of Subject
|
:
|
VIMAL SANDANARAJ
|
|
Address
|
:
|
23, LINGKUNGAN VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA LUMPUR,
WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
H7076925
|
|
Nationality
|
:
|
N/A
|
|
Date of Appointment
|
:
|
19/02/2009
|
|
Remark
|
:
|
OLD PP: F8289859
|
DIRECTOR 3
|
Name Of Subject
|
:
|
MANIKANTAN SIVARAMAKRISHNAN
|
|
Address
|
:
|
23, LINGKUNGA VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
G7224042
|
|
Nationality
|
:
|
N/A
|
|
Date of Appointment
|
:
|
08/07/2008
|
DIRECTOR 4
|
Name Of Subject
|
:
|
NATARAJAN OBULI
|
|
Address
|
:
|
23, LINGKUNGAN VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
F1064445
|
|
Nationality
|
:
|
N/A
|
|
Date of Appointment
|
:
|
08/07/2008
|
DIRECTOR 5
|
Name Of Subject
|
:
|
DEIVASIGAMANI SUNDARARAJAN
|
|
Address
|
:
|
23, LINGKUNGA VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
G1920833
|
|
Nationality
|
:
|
N/A
|
|
Date of Appointment
|
:
|
08/07/2008
|
DIRECTOR 6
|
Name Of Subject
|
:
|
RAMASAMY VIVEKANANTHAN
|
|
Address
|
:
|
23, LENGKUNGAN VEDAVANAM, OFF JALAN IPOH, BATU 3 1/2, 51200 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
H2738077
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nationality
|
:
|
N/A
|
|
Date of Appointment
|
:
|
08/03/2010
|
DIRECTOR 7
|
Name Of Subject
|
:
|
MR. RAVI CHANDRAN A/L NADARAJAH @ SUPPIAH
|
|
Address
|
:
|
1A, BATU 2 1/2, JALAN IPOH, SENTUL, 52100 KUALA LUMPUR, WILAYAH
PERSEKUTUAN, MALAYSIA.
|
|
IC / PP No
|
:
|
A1167677
|
|
New IC No
|
:
|
650718-10-7769
|
|
Date of Birth
|
:
|
18/07/1965
|
|
|
|
|
|
Nationality
|
:
|
MALAYSIAN INDIAN
|
|
Date of Appointment
|
:
|
08/07/2008
|
MANAGEMENT
No data found in our databank.
AUDITOR
No Auditor found in our databank
COMPANY SECRETARIES
|
1)
|
Company Secretary
|
:
|
MS. M THELAGARANI A/P M MURUGESU
|
|
|
IC / PP No
|
:
|
A0121331
|
|
|
New IC No
|
:
|
650322-10-6786
|
|
|
Address
|
:
|
19, JALAN 7/153A, TAMAN ANGKASA, BATU 6 1/2, JALAN PUCHONG, 58200
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 against 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
Other Information:
The SC is principally engaged in the (as a / as an) business of
transportation, offshore field mainly in the exploration oil & gas.
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
|
:
|
0362529699
|
|
Current Telephone Number
|
:
|
N/A
|
|
Match
|
:
|
N/A
|
|
|
|
|
|
Address Provided by Client
|
:
|
23 LENGKUNGAN VETHAVANAM, OFF JALAN IPOH, 51100, KUALA LUMPUR,
WILAYAH PERSEKUTUAN.
|
|
Current Address
|
:
|
23 LENGKUNGAN VETHAVANAM, OFF JALAN IPOH, 51100 KUALA LUMPUR,
WILAYAH PERSEKUTUAN, MALAYSIA.
|
|
Match
|
:
|
N/A
|
|
|
|
|
|
Latest Financial Accounts
|
:
|
NO
|
|
There is no financial statement that has been filed to the Registry Office.
|
|
|
Other Investigations
We unable to contact the SC or the Director as they are not registered with
the Telekom Directory Service.
We also unable to contact the SC's Company Secretary.
We also unable to contact the SC based on the address provided at 23
LENGKUNGAN VETHAVANAM, OFF JALAN IPOH, 51100, KUALA LUMPUR, WILAYAH
PERSEKUTUAN.
The contact number provided is invalid.
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
|
25.0
|
|
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
|
|
602 : Other Land Transport
|
|
|
|
|
INDUSTRY :
|
TRANSPORTATION
|
|
|
|
|
|
|
The Land Public Transport Commission (SPAD), a body to streamline public
transportation, is expected to be implemented in September 2010 once the
Land Public Transport Bill is approved. The Bill will rationalise the
entire sector and bring the regulation of most aspects of public transport
under a single regulator.
|
|
The commission has set its sights on improving the reliability,
connectivity and accessibility of the system and was born out of a need to
fill the void in land public transportation. The importance of having
efficient public transportation could help the economic growth as transport
plays an integral part in business and trade.
|
|
The Government will assist to develop public transportation to realise the
targets set by the National Key Result Areas (NKRAs). Under the NKRAs, the
commission targets 25 per cent of the Klang Valley's population to be using
public transportation by 2012.
|
|
There are a few initiatives to be carried out by the commission includes
improving bus journey times, establishing dedicated bus right of way, building
and improving of over 1,000 bus stops in the Klang Valley, and reorganising
the bus network in the Klang Valley and integrated smart ticketing.
|
|
The commission would work with state governments, local authorities, the
Road Transport Department and other government agencies in planning public
transportation projects. The powers of the commission are derived from the
Land Public Transport Act 2010, which was passed together with the Land
Public Transport Commission Act 2010.
|
|
The commission was set up to reorganise land public transport sector in the
country with the objective of improving public transport services. For the
initial period, its powers are applicable only in Peninsular Malaysia, but
will be extended to Sabah, Sarawak and Labuan later.
|
|
SPAD has also been tasked with realising initiatives of the NKRAs for
public transport, in line with boosting the quality of public transport for
the comfort and convenience of users. These include the transit bus system,
integration of various public transport modes, enhancing effectiveness and
promptness and better enforcement.
|
|
|
|
|
OVERALL INDUSTRY OUTLOOK : Marginal Growth
|
COMMENTS & RECOMMENDATION
|
During our investigation, we were unable to contact the SC as well
as its Directors as they have not registered their telephone numbers with
Telekom Malaysia Directory, a telephone service provider in Malaysia.
Moreover, the SC does not submitted any financial statement to the Registry
Office since its incorporation. In view of this, the SC's existence in the
market is in doubt. Based on the above condition, the SC is not qualified
for credit assessment.
|
|
