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Report Date : |
27.12.2012 |
IDENTIFICATION DETAILS
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Name : |
A.A.G.MANAGEMENT & MARKETING LTD. |
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Formerly Known As : |
INBAL - CHILDREN'S BRANDS 2009 LTD. |
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Registered Office : |
224 Yafo Road Jerusalem 9438311 |
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Country : |
Israel |
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Date of Incorporation : |
06.02.2007 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
-- |
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No. of Employees : |
Not Available |
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RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Exists |
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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Israel |
A2 |
A2 |
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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 |
ISRAEL - ECONOMIC OVERVIEW
Israel has a technologically advanced
market economy. It depends on imports of crude oil, grains, raw materials, and
military equipment. Cut diamonds, high-technology equipment, and agricultural
products (fruits and vegetables) are the leading exports. Israel usually posts
sizable trade deficits, which are covered by tourism and other service exports,
as well as significant foreign investment inflows. The global financial crisis
of 2008-09 spurred a brief recession in Israel, but the country entered the
crisis with solid fundamentals - following years of prudent fiscal policy and a
resilient banking sector. The economy has recovered better than most advanced,
comparably sized economies. In 2010, Israel formally acceded to the OECD.
Natural gasfields discovered off Israel's coast during the past two years have
brightened Israel's energy security outlook. The Leviathan field was one of the
world's largest offshore natural gas finds this past decade. In mid-2011,
public protests arose around income inequality and rising housing and commodity
prices. The government formed committees to address some of the grievances but
has maintained that it will not engage in deficit spending to satisfy populist
demands.
Source
: CIA
A.A.G.MANAGEMENT & MARKETING LTD.
(Also trading as INBAL - CHILDREN'S BRANDS
2009)
Telephone 972 52 431 70 85
224 Yafo Road
JERUSALEM-9438311-ISRAEL
A private limited company, incorporated as
per file No. 51-393712-8 on the 06.02.2007.
Originally registered under the name RAMLA
CITY CENTRAL PARKING LOT LTD., which changed to INBAL - CHILDREN'S BRANDS 2009
LTD. on the 30.03.2009, which changed to the present name on the 30.09.2009.
Authorized share capital NIS 40,000.00,
divided into -
40,000
ordinary shares of NIS 1.00 each,
of which 100 shares amounting to NIS 100.00
were issued.
1. Priel Itzhak Atias, 51%,
2. Ariel Musai, 49%.
1. Ms. Inbal Elnekveh,
2. Priel Itzhak Atias.
Name of General Manager
not forthcoming.
Line of business not forthcoming.
According to subject's trade name (and
former registered name) it may have been operating in the children's apparel
field. We also traced in the Internet reference to subject engaged in home
textiles.
Operating from premises in 224 Yafo Road,
Jerusalem.
Number of employees, if any not,
forthcoming.
Financial data not forthcoming.
There are 2 charges for unlimited amounts registered on the company's assets
(financial assets), in favor of Bank Leumi Le'Israel Ltd. (both charges paced
June 2010).
Sales figures not forthcoming.
Bank Leumi Le'Israel Ltd., branch data not
forthcoming.
We did not find anything detrimental on
subject or its shareholders.
Subject's official, Kobi Atias, refused
categorically to disclose any details.
Considering the refusal to disclose any
detail, dealings are recommended on cash in advance basis only.
Note: Since the beginning of 2012 Israel Post
started using a new area code method of 7 digits (the old method of 5 digits
will still be valid till end of January 2013).
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.96 |
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1 |
Rs.88.68 |
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Euro |
1 |
Rs.72.45 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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 |
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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.