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Report Date : |
01.12.2012 |
IDENTIFICATION DETAILS
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Name : |
FOBERD SARL (FOKOU GROUP) |
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Registered Office : |
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Country : |
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Date of Incorporation : |
12.10.1999 |
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Legal Form : |
Societe Anonyme Responsabilite Limitee |
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Line of Business : |
Dealers in Building and Construction Materials |
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No. of Employees : |
200 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 – June 30th, 2012
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Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
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Gabon |
C1 |
C1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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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COMPANY REPORTED: |
FOBERD SARL (FOKOU GROUP) |
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Trade Names: |
FOBERD SARL |
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Principal Address: |
P.o. Box 18228 Libreville, Gabon |
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Telephone: |
+241-01765731/735374/75/77/742035 |
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Fax: |
+241-01765730/702106 |
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Email: |
secfoberd.gabon@fokou.com/ secfoberd.gabon@yahoo.fr |
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Internet: |
www.fokou.com |
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Established: |
12/10/1999 |
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Registration: |
Gabon |
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Legal Form: |
Societe Anonyme Responsabilite Limitee. |
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Stock Listing: |
Not Listed |
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Workforce: |
2011 |
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200 |
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Head offices |
Quartier Oloumi, Libreville, Gabon |
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Branches |
Various in Gabon |
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Management/ Directors |
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President/ CEO (1) |
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Name |
Mr. Edmond Patrick Bogning Nguepi |
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Active in daily business: |
Active |
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Current Title: |
Director |
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Country of residence |
Gabon |
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Remarks |
Top Decision Maker |
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Director (2) |
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Name |
Mr. Elie Nganda |
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Current Title: |
Director |
̃ Top decision maker is the person who has the ultimate
authority or power to make important managerial decisions. He/She may or may
not be officially registered as a president or an executive director.
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Credit Check of Subject, President & CEO (as of report date) |
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Payment Morale: |
300: In the documents at our disposal nothing adverse has been shown
so far. |
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CREDIT RATING: |
300: Financial situation is average. |
No negative information found.
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Company Profile: |
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Nominal Capital |
CFA. 1,000,000 |
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Paid in Capital |
CFA. 1,000,000 |
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Subscribed Capital |
CFA. 1,000,000 |
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Shareholders |
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Name |
Position |
Amount |
Ratio |
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Mr. Edmond Patrick Bogning Nguepi |
Director |
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Mr. Elie Nganda |
Director |
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Mr. P. Laurent |
Director |
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Mr. Poulioglou M. |
Director |
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Fokou Group |
Holding Co. |
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100.00% |
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Total |
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100.00% |
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Terms of payment |
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Buying terms |
30% in cash, 70% on credit |
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Selling terms |
80% in cash, 20% on credit |
GROUP STRUCTURE & AFFILIATED COMPANIES
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Affiliated Companies |
None |
Na
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Exchange Rate |
US$ 1 = CFA. 508.85 |
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Business
Activities |
Dealers in building and construction materials |
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Suppliers |
Various suppliers |
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Customers |
Firms and organizations |
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Recent Sales |
CFA. 655,000,000 (2011
Estimated) |
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Exports |
None |
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Export Ratio |
0.0% |
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Import Ratio |
30.0% |
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Domestic Market Share |
20.0% |
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Business Premises |
5000 Sft |
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Type of occupation
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Leased |
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Location |
The subject is located close to a major road network |
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Premises used as
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Offices, Workshop |
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Banking relationship |
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Main Banks |
Ecobank |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.52 |
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1 |
Rs.87.48 |
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Euro |
1 |
Rs.70.89 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.