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Report Date : |
27.08.2012 |
IDENTIFICATION DETAILS
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Name : |
CONGO CHINE TELECOM SARL "CCT" |
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Registered Office : |
8 Avenue Du Port, Kinshasa Gombe |
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Country : |
Congo |
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Date of Incorporation : |
2000 |
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Legal Form : |
Societe Anonyme Responsabilite Limitee. |
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|
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Line of Business : |
Providers of
communication services and solutions |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Congo |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Registered
Name: |
CONGO
CHINE TELECOM SARL "CCT" |
||
|
Requested
Name: |
CONGO CHINE TELECOM SARL "CCT" |
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Other Names: |
None |
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ADDRESS AND TELECOMMUNICATION
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Physical
Address: |
8 Avenue Du Port, Kinshasa Gombe |
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Postal
Address: |
P. o. Box 252624 |
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Kinshasa Gombe |
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Country: |
DRC |
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Phone: |
243-8400085/851888888 |
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Fax: |
243-8411111/8400085 |
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Email: |
conseiller.actionnaire@orange.com |
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Website: |
www.orange.com |
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LEGAL
|
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Legal Form: |
Societe Anonyme Responsabilite Limitee. |
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Date
Incorporated: |
2000 |
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Reg. Number: |
DRC |
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Nominal
Capital |
CFA. 1,000,000 |
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Subscribed
Capital |
CFA. 1,000,000 |
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Subscribed Capital is Subscribed in the following form: |
|||
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Position |
Shares |
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Mr. Stéphane Richard |
Group President |
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Mr.
Bernard Dufau |
Director |
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Mr.
José-Luis Durán |
Director |
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|
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Mr.
Claudie Haignere |
Director |
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|
|
France Telecom |
Holding Co. |
|
|
|
None |
Parent
company. |
|
None |
Subsidiary
company. |
|
Various
worldwide |
Affiliated
company. |
|
None |
Shareholder
of subject firm. |
|
In Major towns |
Branches of
the firm |
OPERATIONS
|
|
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Registered to
operate as providers of communication services and solutions |
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Imports: |
Europe, Asia |
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Exports: |
None |
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Trademarks: |
None |
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Terms of sale: |
Cash (40%) and 25-90 days (60%), invoices. |
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|
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Main Customers: |
firms and organizations |
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Employees: |
102 employees. |
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Vehicles: |
Several motor vehicles. |
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Territory of sales: |
DRC |
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Location: |
Owned premises, 1,000 square feet, |
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Auditors: |
Information
not available. |
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Insurance Brokers: |
Information not
available. |
FINANCE
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|
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Currency
Reported: |
West African
Franc (CFA.) |
|
Approx. Ex.
Rate: |
1 US Dollar =
531.70 West African Franc |
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Fiscal Year End: |
December 31, 2011 |
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Inflation: |
According to information given by independent sources, the
inflation at December 31st, 2011 was of 13%. |
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Financial
Information not Submitted |
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|
|
|
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Profit and
Loss (expressed in CFA.) |
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|
|
2011 |
|
Sales |
2,402,000,000 |
BANK
|
|
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Bank Name: |
BGFIBank |
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Branch: |
DRC |
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Comments: |
None |
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Experiences: |
Good |
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NOTARIAL
BONDS |
None |
|
This information
was obtained from outside sources other than the subject company itself and
confirmed the above subject. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.38 |
|
|
1 |
Rs.87.79 |
|
Euro |
1 |
Rs.69.47 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.