MIRA INFORM REPORT

 

 

Report Date :           

06.02.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

ALLEGENS COMPANY LIMITED 

 

 

Registered Office :

No 11A Hoang Dieu Street, Ward 12, Dist 4, Ho Chi Minh City

 

 

Country :

Vietnam

 

 

Year of Establishment :

2009

 

 

Legal Form :

Liability Limited Company          

 

 

Line of Business :

Management consulting, marketing activities for business, investment consulting and drug counseling

 

 

No. of Employees :

05

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company

 

 

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)

Vietnam

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

SUBJECT IDENTIFICATION & LEGAL FORM

 

Current legal status

Translation English Name

 

ALLEGENS COMPANY LIMITED

Vietnamese Name

 

CONG TY TNHH MOI THE HE

Trade name

 

ALLEGENS PHARMA SAS

Type of Business

 

Liability limited company

Year Established

 

2009

Investment Certificate No

 

411023000257

Date Of Issuance

 

21 May 2009

Place of Issuance

 

People’s Committee  of Ho Chi Minh City

Registered Investment Capital

 

USD 20,000

Chartered capital

 

USD 20,000

Duration

 

05 years

Tax code

 

0308858390

Total Employees

 

05

 

Historical Identification & Legal form

List

Changed Items

1

Subject has got former Address: 24/14 Lam Son Street ,Ward 2,Tan Binh District, Ho chi Minh City, Vietnam

Moved to: No 11A Hoang Dieu Street, Ward 12, Dist 4, Ho Chi Minh City, Vietnam

 

 

company ADDRESSES

 

Head Office

Address

 

No 11A Hoang Dieu Street, Ward 12, Dist 4, Ho Chi Minh City, Vietnam

Telephone

 

(84-8) 3826 6819

Fax

 

(84-8) 3826 6674

 

 

DIRECTORS

 

1. NAME

 

Mr. MISHRA JAY PRAKASH SHRIRAM

Position

 

Director

ID Number/Passport

 

F6089866

Current Resident

 

Ho Chi Minh City, Vietnam

Nationality

 

Indian

Email

 

jpshriam@allegens.com

 

2. NAME

 

Ms. LE THI HONG NUONG

Position

 

Chief of Administrative and H&R

Resident

 

Ho Chi Minh City, Vietnam

Nationality

 

Vietnamese

 

 

 

BUSINESS NATURE AND ACTIVITIES

 

The subject registered in:

Management consulting, marketing activities for business, investment consulting and drug counseling.

 

 

 

IMPORT & EXPORT ACTIVITIES

 

IMPORT: N/A

Notes: currently the subject does not import

EXPORT: N/A

Notes: currently the subject does not import

 

 

BANKERS

 

STANDARD CHARTERED BANK VIETNAM

Address

 

Saigon Trade Center, 1st Floor, 37 Ton Duc Thang Street
District 1, Ho Chi Minh City

Telephone

 

(84-8) 3911 0000

 

 

SHAREHOLDERS

 

Following is the main shareholder of the subject:

NAME

 

Mr. MISHRA JAY PRAKASH SHRIRAM

Position

 

Director

ID Number/Passport

 

F6089866

Resident

 

Ho Chi Minh City, Vietnam

Nationality

 

Indian

Percentage

 

66.67%

 

 

 

FINANCIAL DATA

 

N/A

 

 

 

PAYMENT HISTORY & PERFORMANCE EXPERIENCES

 

Trade Morality

 

Normal

Liquidity

 

N/A

Payment status

 

N/A

Financial Situation

 

N/A

Development trend

 

Developing

Litigation data

 

No Record

Bankruptcy

 

No Record

Payment Methods

 

Through the bank

Sale Methods

 

Other

Public opinion

 

Limited

 

 

CREDIT INQUIRY: USD 125,000, D/A terms

Caution needed

 

INTERPRETATION ON THE SCORES

 

The subject has just been established in the middle of year 2009 which specializes in services such as management consulting, marketing, investment consulting, and drug counseling. Currently, the subject is operating with total 5 employees. Its capital is quite modest. All activities are run by Mr. Mishra Jay Prakash Shriram – director and legal representer of the subject. Operating in consulting services, so the facilities of the subject are not remarkable, the head office is hired. The industry position of the subject is small. The subject is in developing progress and it needs more time for setting a stable position. Currently, it is operating under small scale. Be careful with all transactions!

 

 

 

APPENDIX

 

INDUSTRY DATA

 

Industry code

Growth speed by price compared with 1994 (%)

Total enterprises 2009

Total employees 2010

(Thous.pers.)

Annual average capital of enterprises 2009

(billion dongs)

2010

2009

Agriculture, Forestry and Fishing

2.78

1.82

8,749

23,896.3

81,559

Industry and Construction

7.70

5.52

85,115

10,630

2,751,975

Trade and Services

7.52

6.63

154,978

14,522

4,939,069

 

ECONOMIC INDICATORS

 

 

2010 

2009 

2008 

Population (Million person)

86.93

86.02

86.1

Gross Domestic Products (US$ billion)

102.2

91

84.9

GDP Growth (%)

6.78

5.32

6.2

GDP Per Capita (US$)

1,160

1,080

1,040

Inflation (% Change in Composite CPI)

11.75

6.88

24.4

 

SERVICE TRADE PERFORMANCE

 

Billion USD 

2010 

2009 

2008 

Exports

72.2

57.1

62.7

Imports

84.8

69.9

80.7

Trade Balance

-12.6

-12.8

-18

Source: General Statistics Office

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.48.96

UK Pound

1

Rs.77.47

Euro

1

Rs.64.39

 

 

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.