MIRA INFORM REPORT

 

 

Report Date :

19.07.2012

 

IDENTIFICATION DETAILS

 

Name :

WORLD BEST HEALTHCARE CO LTD

 

 

Registered Office :

137 D St Lumkhan Sensok Sangkat Tek Thla, Phnom Penh

 

 

Country :

Cambodia

 

 

Date of Incorporation :

28.09.2011

 

 

Legal Form :

Company Limited

 

 

Line of Business :

Importer of Medical Equipment and Pharmaceutical

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

New Business

 

--

 

Status :

New Company

Payment Behaviour :

Unknown

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)

Cambodia

C1

C1

 

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

:

WORLD BEST HEALTHCARE CO LTD

Address

:

137 D St Lumkhan Sensok Sangkat Tek Thla, Phnom Penh

Country

:

Cambodia

Primary Business Activity

:

Importer

Key Industry

:

Medical Equipment & Pharmaceutical

 

 

Key Facts

Registered Legal Address

:

137 D St Lumkhan Sensok Sangkat Tek Thla, Phnom Penh

Operational Address

:

137 D St Lumkhan Sensok Sangkat Tek Thla, Phnom Penh

Issuing Authority

:

Ministry of Commerce - Commercial Registry - National

License Number

:

1807KH/2011

License Status

:

License exists - But no trace of any Operational office.

Legal Form - Category

:

Private Company with Limited Liability

Legal Form

:

Company Limited

Legal Form - Abbreviation

:

CO LTD

Operational Status of Business

:

It was NOT possible to confirm the operational status.(1)

Date of Registration

:

28 Sep, 2011

Capital

:

US$ 4,880

 

DIRECTORS/MANAGEMENT

 

COMPANY DIRECTORS

1

 

 

Personal Unique Identifier

:

MI03166871

Name

:

Mr. Veasna Khun

Nationality

:

Cambodian

 

NEGATIVE INFORMATION

 

REPUTATION

Due to the recent incorporation of the WORLD BEST HEALTHCARE CO LTD, and the relatively small nature of its business, no meaningful points of reference in terms of reputation within the respective industry was possible.

 

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

 

Capital

:

US$ 4,880

 

 

CAPITAL (Currency: KHR - Cambodia Riel)

Authorized Capital

:

20,000,000

 

 

SHAREHOLDERS

Total number of shareholders

:

4

Total number of shares

:

1,000

 

Currency

:

KHR - Cambodia Riel

 

No.

Shareholders

Country

Shares

Number

Amount (KHR)

%

1

Mr. Ath Cheasoksamath

Cambodia

250

n/a

25.00

2

Mr. Nat Ratanak

Cambodia

250

n/a

25.00

3

Mr. Phon Sophal

Cambodia

250

n/a

25.00

4

Mr. Veasna Khun

Cambodia

250

n/a

25.00

Total

1,000

n/a

100.00

 

 

Based on corporate statutory laws /regulations in Cambodia, there is no requirement for public disclosure of Shareholders. In this case, the Shareholder information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

 

PAYMENT INFORMATION

 

Na

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Na

 

FINANCIAL INFORMATION

 

FINANCIAL STATEMENT - DETAILED

Based on the corporate laws of Cambodia, 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 KHR
Cambodia Riel

=

0.000244 USD
United States Dollars

ADDITIONAL INFORMATION

 

Legal Form - Category

:

Private Company with Limited Liability

Legal Form

:

Company Limited

Legal Form - Abbreviation

:

CO LTD

Operational Status of Business

:

It was NOT possible to confirm the operational status.(1)

Date of Registration

:

28 Sep, 2011

 

 

Report Details

 

Country

:

Cambodia

Business Entity Name

:

WORLD BEST HEALTHCARE CO LTD

Primary Business Activity

:

Importer

Primary Industry

:

Medical Equipment & Pharmaceutical

Office Contact Details

Operating Address

:

137 D St Lumkhan Sensok Sangkat Tek Thla, Phnom Penh

 

NOTES & COMMENTS

 

Note

:

(1) Due to the lack of SBE's operational status, and circumstances involved, the information as listed below is only historical / on-file data and as such it has not been possible to verify against any current sources.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 55.33

UK Pound

1

Rs. 86.55

Euro

1

Rs. 67.95

 

INFORMATION DETAILS

 

Report Prepared by :

NLM

 

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.