MIRA INFORM REPORT

 

 

 

 

Report Date :           

07.05.2011

 

IDENTIFICATION DETAILS

 

Name :

HAOLIBERT ENERGY LIMITED

 

 

Registered Office :

Saiham Skyview (10th Floor), 5 Bijoy Nagar, Dhaka

 

 

Country :

Bangladesh

 

 

Year of Establishment :

2008

 

 

Com. Reg. No.:

Not Available

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Importing Business.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Not Yet Registered

Payment Behaviour :

----

Litigation :

----

 

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)

Bangladesh

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

COMPANY DETAILS

 

Name

Haolibert Energy Limited

Address

Saiham Skyview (10th Floor), 5 Bijoy Nagar, Dhaka

Note: The Subject operates from this address.

Country

Bangladesh

Telephone No

880-1713506677, 1713032085

Fax No

NIL

E-Mail

NIL

Website

NIL

Established

2008

Company Registration No

The subject applied for registration but not yet registered.

Registration date

N/A

Legal Status

Private Limited  

Issuing Authority

The Registrar of Joint Stock Companies & Firms, Dhaka

Business Type

Importer 

Status

Satisfactory

Payment Behavior

No complaints have been heard regarding payments from local suppliers or banks.

 

 

LOCATIONS

 

Head Office

Saiham Skyview (10th Floor), 5 Bijoy Nagar, Dhaka

Telephone No

880-1713506677, 1713032085

Fax No

NIL

E-Mail

NIL

Website

NIL

Branch

NIL

Factory

N/A

Factory Telephone No

NIL

Factory Fax No

NIL

Warehouse

Saiham Skyview (10th Floor), 5 Bijoy Nagar, Dhaka

 

DIRECTORS

 

Name

Mr. Syed Hasibul Gani Galib

Designation

Chairman & Managing Director

Nationality

Bangladeshi

 

 

Name

Mr. Enamul Haq Khan

Designation

Director

Nationality

Bangladeshi

 

 

SHAREHOLDERS

 

Name 

Mr. Syed Hasibul Gani Galib

Share Percentage

60%

Nationality

Bangladeshi

 

 

Name

Mr. Enamul Haq Khan

Share Percentage

40%

Nationality

Bangladeshi

 

 

BUSINESS DETAILS

 

Line of Business

Importer 

Items Dealing In

Not In Operation 

Terms of Purchase

Local: Cash or Credit

Import: Against L/C

Terms of Sale

Local: Cash or Credit

 

 

BANKERS

 

Name

National Bank Of Pakistan

Branch

Motijheel Branch

Address

Motijheel Commercial Area, Dhaka

SWIFT

N/A

 

FINANCIAL INFORMATION

 

 

 

2009

 

2008

2007

 

Capital Investment

Not In Operation 

Not In Operation 

Not In Operation 

Turnover

Not In Operation 

Not In Operation 

Not In Operation 

Liability

Not In Operation 

Not In Operation 

Not In Operation 

Fixed Assets

Not In Operation 

Not In Operation 

Not In Operation 

 

 

CAPITAL STRUCTURE

 

Authorized Capital

Tk.10 million

Paid Up Capital

Tk.150,000.00

Each Share Value

Tk.100.00

 

 

EXCHANGE RATE

 

Currency

Unit

Bangladeshi Taka (BDT)

 

Great Britain Pound

1

120.5638

U.S Dollar

1

73.1000

European Euro

1

108.3781

 

 

ADVERSE DATA MONITORING

 

Dishonored Checks

No Records Found

Debt

No Records Found

Litigation

No Records Found

Performance Defaults

No Records Found

Adverse Press Coverage

No Records Found

Money Laundering

No Records Found

 

MAXIMUM RECOMMENDED CREDIT

 

Amount

Based On

No Recommendation

No Recommendation

 

 

GENERAL INFORMATION

 

Employees

Not In Operation 

Office Area (Sq. Ft)

Not In Operation 

Factory Area (Sq. Ft)

Not In Operation 

Warehouse Area (Sq. Ft)

Not In Operation 

Range of Products

Not In Operation 

Brand Name  

Not In Operation 

Major Clients  

Not In Operation 

Certification

Not In Operation 

Group Name

Not In Operation 

Subsidiaries / Affiliates

Ø       Emerald Oil & Poultry Industries Limited

Member

Ø       Dhaka Chamber of Commerce & Industry, Dhaka

 

 

COMMENTS

 

The subject was established as private limited company for importing business in operation now.

 

We collected this information from Mr. Syed Hasibul Gani Galib, Managing Director of the subject.

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.78

UK Pound

1

Rs.73.43

Euro

1

Rs.65.27

 

 

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.