MIRA INFORM REPORT

 

 

Report Date :           

22.10.2011

 

IDENTIFICATION DETAILS

 

Name :

JPRI SDN BHD

 

 

Registered Office :

Unit 18 Complex Delima Jaya Block B Mukim Berakas, Bandar Seri Begawan BB4713

 

 

Country :

Brunei Darussalam 

 

 

Date of Incorporation :

12.06.2000

 

 

Legal Form :

Sendirian Berhad

 

 

Line of Business :

Trader of Consumer Products

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Maximum Credit Limit :

USD 100,000.00  

Status :

Satisfactory

Payment Behaviour :

No Complaints

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Brunei Darussalam 

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

Organization Name

:

JPRI SDN BHD

Address

:

44, Simpang 207 Jalan Tungku Kg Katok, Bandar Seri Begawan

Country

:

Brunei

Phone (S)

:

[+673]-2452365

Facsimile

:

[+673]-2446138

Email

 

jpri@brunet.bn

Primary Business Activity

 

Trader

Key Industry

 

Consumer Products

 

Registered Legal Address

:

Unit 18 Complex Delima Jaya Block B Mukim Berakas, Bandar Seri Begawan BB4713

Operational Address

:

44, Simpang 207 Jalan Tungku Kg Katok, Bandar Seri Begawan

License Number

:

RC00005008

Issuing Authority

 

Registrar of Companies - National

Legal Form

:

Sendirian Berhad

Operational Status of Business

:

Normal

Date of Registration

 

12 Jun, 2000

Employees

 

50

Capital

 

n/a(1)

 

 

 

Report Details

 

 

 

 

 

 

Country

:

Brunei

Business Entity Name

:

JPRI SDN BHD

Primary Business Activity

:

Trader

Primary Industry

:

Consumer Products

Office Contact Details

Operating Address

:

44, Simpang 207 Jalan Tungku Kg Katok, Bandar Seri Begawan

Tel

:

[+673]-2452365

Fax

:

[+673]-2446138

Email

:

jpri@brunet.bn

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: USD 100,000.00  based on  90

 

 

DIRECTORS/MANAGEMENT

 

COMPANY DIRECTORS

1

 

 

Personal Unique Identifier

:

MI03003343

Name

:

Mr. Vj Jayakumar

Nationality

:

Bruneian

 

 

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

:

1

Total number of shares

:

n/a

 

Currency

:

BND - Brunei Dollars

 

No.

Shareholders

Country

Shares

Number

Amount (BND)

%

1

Mr. Vj Jayakumar

Brunei

n/a

n/a

100.00

Total

n/a

n/a

100.00

 

Today's Exchange rate

:

1.00 BND
Brunei Dollars

=

0.763359 USD
United States Dollars

 

 

 

PAYMENT INFORMATION

 

PAYMENT TERMS

 

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

 

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Na

 

 

FINANCIAL INFORMATION

 

FINANCIAL STATEMENT - DETAILED

 

Based on the corporate laws of Brunei, 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 BND
Brunei Dollars

=

0.763359 USD
United States Dollars

 

 

ADDITIONAL INFORMATION

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

Manufactured articles, nspf

3999

Trading

Services, NEC

8900

Service

Wholesale Trade-Durable Goods

5000

Trading

Wholesale Trade-Nondurable Goods

5100

Trading

 

 

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

Business services, health, financial/insur. legal/real estate, hotels, and misc repairs

9900

Service

Miscellaneous manufactured articles

9600

Trading

 

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Products / Materials / Services Description

Ranking

Activity

Supermarkets

Secondary

Service

 

 

 

 

CORE BUSINESS DESCRIPTION

 

 

 

Core Business

 

The primary business focus of JPRI SDN BHD is:

·                     General trading

 

 

 

 

Supplementary Business

 

In addition to the core business, JPRI SDN BHD also is engaged in the following areas of business:

  1. Service
    • Specialized professional services
      • Supermarkets

 

DOMESTIC SALES & PURCHASES

 

Annual Sales Analysis

Percentage

Domestic Sales

100%

 

 

Annual Purchases Analysis

Percentage

Local Purchases

100%

 

REPUTATION

 

 

 

Reference checking for the purpose of establishing the JPRI SDN BHD's reputation within the respective industry failed to reveal any adverse information.

 

LOCAL BRANCHES & MANAGEMENT

 

 

 

Branch

:

JPRI SDN BHD - BANDAR SERI BEGAWAN

Branch Address

:

6 & 7 Delima Jaya Complex Block A, Bandar Seri Begawan

 

OFFICE & FACILITIES

 

 

 

Name

:

JPRI SDN BHD - BANDAR SERI BEGAWAN

Address

:

44, Simpang 207 Jalan Tungku Kg Katok, Bandar Seri Begawan

Country

:

Brunei

Status

:

Operational

 

 

 

NOTES & COMMENTS

 

Na

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.07

UK Pound

1

Rs.79.16

Euro

1

Rs.69.04

 

 

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.