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* Adopted abbreviations :
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SC - Subject Company (the company enquired by you)
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N/A - Not Applicable
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EXECUTIVE SUMMARY
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REGISTRATION NO.
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:
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NS0046908-A
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COMPANY NAME
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:
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RONJOYY ENTERPRISE
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COMMENCEMENT DATE
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:
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31/10/2008
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REGISTRATION DATE
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:
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31/10/2008
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EXPIRY DATE
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31/10/2013
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BUSINESS CONSTITUTION
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SOLE PROPRIETORSHIP
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BUSINESS ADDRESS
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589, JALAN BUKIT MUTIARA 13, TAMAN BUKIT MUTIARA, TEMIANG, 70200 SEREMBAN,
NEGERI SEMBILAN, MALAYSIA.
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TEL.NO.
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N/A
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FAX.NO.
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N/A
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CONTACT PERSON
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N/A
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INDUSTRY CODE
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:
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5219
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PRINCIPAL ACTIVITY
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RETAILS FOR ACCESSORIES, COSMETICS, FOOD AND BEVERAGES
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STAFF STRENGTH
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N/A
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LITIGATION
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:
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CLEAR
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DEFAULTER CHECK
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:
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CLEAR
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PAYMENT
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N/A
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MANAGEMENT CAPABILITY
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WEAK
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COMMERCIAL RISK
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N/A
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CURRENCY EXPOSURE
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N/A
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GENERAL REPUTATION
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:
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SATISFACTORY
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INDUSTRY OUTLOOK
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:
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AVERAGE GROWTH
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HISTORY / BACKGROUND
The SC commenced
its business on 31/10/2008 as a SOLE PROPRIETORSHIP.
The SC is a sole
proprietorship, that is, it has a single owner whose liabilities are
unlimited. In case the SC is unable to meet all its obligations, the
creditors can claim on the owner's personal assets. The sole proprietorship
ceases upon the death of the owner or any time at the discretion of the
owner. The ownership is non-transferable. Under the law, the SC has to file
in its information with Registrar of Business but it is not required to file
in its financial statements.
The SC is
principally engaged in the (as a / as an) retails for accessories, cosmetics,
food and beverages.
The SC is not
listed on Bursa Malaysia (Malaysia Stock Exchange).
The owner of the SC are shown as follows :
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Name
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Address
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IC/PP/Loc No
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Shareholding
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MR. PANCHASARAM S/O ARIAPATHIRAN
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589, JALAN BUKIT MUTIARA 13, TAMAN BUKIT MUTIARA, TEMIANG, , 70200
SEREMBAN, NEGERI SEMBILAN, MALAYSIA.
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521110-10-5991
8365844
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100.00
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---------------
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100.00
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============
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+ Also Director
OWNERS
OWNER(S) 1
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Name Of Subject
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:
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MR. PANCHASARAM S/O ARIAPATHIRAN
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Address
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:
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589, JALAN BUKIT MUTIARA 13, TAMAN BUKIT MUTIARA, TEMIANG, 70200
SEREMBAN, NEGERI SEMBILAN, MALAYSIA.
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IC / PP No
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:
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8365844
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New IC No
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:
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521110-10-5991
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Date of Birth
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:
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10/11/1952
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Nationality
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MALAYSIAN INDIAN
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Date of Appointment
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:
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31/10/2008
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Shareholding
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:
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100%
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MANAGEMENT
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No data found in our databank.
No Auditor found in our databank
BANKING
No Banker found in our databank.
LEGAL CHECK AGAINST SC
* A check has been conducted in our databank againt the SC whether the
subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No legal action was found in our databank.
DEFAULTER CHECK AGAINST SC
* We have checked through the SC in our defaulters' database which comprised
of debtors that have been blacklisted by our customers and debtors that have
been placed or assigned to us for collection since 1990. Information was
provided by third party where the debt amount can be disputed. Please check
with creditors for confirmation as alleged debts may have been paid since
recorded or are being disputed.
No blacklisted record & debt collection case was found in our defaulters'
databank.
PAYMENT RECORD
No payment record found in our databank.
CLIENTELE
No data found in our databank.
OPERATIONS
Other Information:
The SC is principally engaged in the (as a / as an) retails for accessories,
cosmetics, food and beverages.
No projects found in our databank
CURRENT INVESTIGATION
Latest fresh investigations
carried out on the SC indicated that :
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Telephone Number Provided By Client
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:
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N/A
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Current Telephone Number
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N/A
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Match
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N/A
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Address Provided by Client
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:
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589 JALAN BUKIT MUTIARA 13 TAMAN BUKIT MUTIARA, TEMIANG 70200
SEREMBAN NEGERI SEMBILAN
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Current Address
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:
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589, JALAN BUKIT MUTIARA 13, TAMAN BUKIT MUTIARA, TEMIANG, 70200
SEREMBAN, NEGERI SEMBILAN, MALAYSIA.
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Match
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:
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N/A
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Other Investigations
We were unable to contact the SC and its Owner as they are not registered
with local phone directory.
The address provided belongs to the Owner's residential.
FINANCIAL ANALYSIS
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We are unable to comment on the SC financial position as the SC is
not required by the law to file its financial statement in the Registrar of
Business.
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Overall financial condition of the SC : N/A
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MALAYSIA ECONOMIC
/ INDUSTRY OUTLOOK
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Major Economic Indicators:
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2008
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2009
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2010
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2011*
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2012**
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Population ( Million)
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27.73
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28.13
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28.35
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28.70
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29.10
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Gross Domestic Products ( % )
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4.6
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<0.5>
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7.2
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5.5
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5.3
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Domestic Demand ( % )
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6.9
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2.9
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6.3
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4.8
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7.6
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Private Expenditure ( % )
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7.1
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<2.7>
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8.1
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7.0
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8.7
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Consumption ( % )
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8.4
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0.7
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6.7
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6.3
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7.1
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Investment ( % )
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1.5
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<17.2>
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17.7
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16.2
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15.9
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Public Expenditure ( % )
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6.5
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5.2
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3.8
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7.6
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4.7
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Consumption ( % )
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11.6
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3.1
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0.2
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8.9
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3.0
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Investment ( % )
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0.7
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8.0
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2.8
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0.6
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7.0
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Balance of Trade ( MYR Million )
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129,563
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89,650
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118,356
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116,058
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-
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Government Finance ( MYR Million )
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<34,462>
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<28,450>
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<40,482>
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<45,511>
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<43,021>
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Government Finance to GDP / Fiscal Deficit ( % )
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<4.8>
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<4.8>
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<5.6>
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<5.4>
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<4.7>
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Inflation ( % Change in Composite CPI)
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<3.3>
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<5.2>
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5.1
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3.1
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-
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Unemployment Rate
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3.7
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4.5
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3.9
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3.3
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-
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Net International Reserves ( MYR Billion )
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388
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331
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329
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415
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-
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Average Risk-Weighted Capital Adequacy Ratio ( % )
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1.91
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2.87
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2.20
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3.50
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-
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Average 3 Months of Non-performing Loans ( % )
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13.24
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11.08
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15.30
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14.80
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-
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Average Base Lending Rate ( % )
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6.72
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5.53
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6.30
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6.60
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-
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Business Loans Disbursed( % )
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11.6
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10.5
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14.7
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15.3
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-
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Foreign Investment ( MYR Million )
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23,261.4
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22,156.8
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22,517.9
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23,546.1
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-
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Consumer Loans ( % )
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-
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-
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-
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-
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-
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Registration of New Companies ( No. )
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41,599
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41,578
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44,148
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-
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-
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Registration of New Companies ( % )
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<4.0>
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<0.1>
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6.2
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-
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-
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Liquidation of Companies ( No. )
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27,992
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39,075
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25,585
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-
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-
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Liquidation of Companies ( % )
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23.7
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39.6
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<34.5>
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-
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-
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Registration of New Business ( No. )
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269,866
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312,581
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271,414
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-
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-
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Registration of New Business ( % )
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-
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-
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-
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-
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-
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Business Dissolved ( No. )
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18,885
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19,345
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19,738
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-
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-
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Business Dissolved ( % )
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<7.6>
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2.4
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2.0
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-
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-
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Sales of New Passenger Cars (' 000 Unit )
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497.5
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486.3
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543.6
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363.0
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-
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Cellular Phone Subscribers ( Million )
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25.1
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30.1
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32.8
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35.3
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-
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Tourist Arrival ( Million Persons )
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21.5
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23.6
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24.6
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25.3
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-
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Hotel Occupancy Rate ( % )
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68.0
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58.0
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63.0
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51.3
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-
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Credit Cards Spending ( % )
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17.1
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12.8
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14.1
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15.6
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-
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Bad Cheque Offenders (No.)
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34,834
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36,667
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33,568
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27,208
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-
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Individual Bankruptcy ( No.)
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13,907
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16,228
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18,119
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16,155
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-
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Individual Bankruptcy ( % )
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5.1
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16.7
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11.7
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<10.8>
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-
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INDUSTRIES ( % of Growth ):
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2008
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2009
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2010
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2011*
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2012**
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Agriculture
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3.6
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0.4
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2.1
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4.7
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4.1
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Palm Oil
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7.0
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<1.1>
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<3.4>
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7.3
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-
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Rubber
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<1.1>
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<19.8>
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9.9
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6.4
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-
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Forestry & Logging
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<1.5>
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<5.9>
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<3.3>
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<4.7>
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-
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Fishing
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4.0
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5.5
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5.6
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2.8
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-
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Other Agriculture
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5.9
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9.0
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7.9
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8.5
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-
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Industry Non-Performing Loans ( MYR Million )
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393.0
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413.7
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508.4
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634.1
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-
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% of Industry Non-Performing Loans
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<2.0>
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1.3
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2.1
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3.2
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-
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Mining
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<0.8>
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<3.8>
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0.2
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<2.4>
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2.5
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Oil & Gas
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12.7
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2.1
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0.5
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<1.7>
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-
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Other Mining
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-
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-
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-
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-
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-
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Industry Non-performing Loans ( MYR Million )
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36.0
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44.2
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49.7
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46.5
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-
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% of Industry Non-performing Loans
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0.1
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0.1
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0.1
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0.1
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-
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Manufacturing #
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1.3
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<9.4>
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11.4
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5.6
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4.5
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Exported-oriented Industries
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2.7
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<19.0>
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12.1
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2.8
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-
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Electrical & Electronics
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2.4
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<30.3>
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28.4
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<4.9>
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-
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Rubber Products
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4.2
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<10.1>
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25.3
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15.4
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-
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Wood Products
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<6.0>
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<24.1>
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20.1
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<7.3>
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-
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Textiles & Apparel
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1.9
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<19.5>
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<0.4>
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14.8
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-
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Domestic-oriented Industries
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9.9
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<9.8>
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16.3
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6.3
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-
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Food, Beverages & Tobacco
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9.5
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0.2
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3.0
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4.2
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-
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Chemical & Chemical Products
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1.4
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<7.7>
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16.2
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5.6
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-
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Plastic Products
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6.5
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<9.1>
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2.4
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3.8
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-
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Iron & Steel
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16.8
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<32.7>
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29.3
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2.4
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-
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Fabricated Metal Products
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14.7
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<2.5>
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14.9
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25.2
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-
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Non-metallic Mineral
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8.3
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<15.5>
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20.2
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16.3
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-
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Transport Equipment
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27.1
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<13.5>
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36.5
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<9.4>
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-
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Paper & Paper Products
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8.6
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<5.0>
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18.7
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15.6
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-
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Crude Oil Refineries
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7.8
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0.2
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<11.4>
|
9.3
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-
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Industry Non-Performing Loans ( MYR Million )
|
5,729.4
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6,007.3
|
6,217.5
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6,537.2
|
-
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% of Industry Non-Performing Loans
|
16.8
|
18.3
|
23.8
|
25.7
|
-
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Construction
|
2.1
|
5.8
|
5.1
|
4.4
|
7.0
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Industry Non-Performing Loans ( MYR Million )
|
4,149.8
|
3,241.8
|
4,038.5
|
3,856.9
|
-
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% of Industry Non-Performing Loans
|
12.2
|
9.9
|
10.7
|
10.2
|
-
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Services
|
7.3
|
2.6
|
6.5
|
6.4
|
6.5
|
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Electric, Gas & Water
|
5.0
|
0.4
|
8.5
|
5.6
|
4.8
|
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Transport, Storage & Communication
|
7.8
|
1.6
|
7.7
|
6.5
|
7.3
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Wholesale, Retail, Hotel & Restaurant
|
10.0
|
2.8
|
4.7
|
5.2
|
6.9
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Finance, Insurance & Real Estate
|
9.2
|
3.8
|
6.1
|
6.3
|
6.5
|
|
Government Services
|
8.6
|
2.0
|
6.7
|
7.6
|
5.6
|
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Other Services
|
5.9
|
4.4
|
4.2
|
5.4
|
5.7
|
|
Industry Non-Performing Loans ( MYR Million )
|
8,281.4
|
6,631.3
|
7,384.6
|
6,825.2
|
-
|
|
% of Industry Non-Performing Loans
|
24.3
|
20.2
|
25.7
|
23.4
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
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* Estimate / Preliminary
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|
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** Forecast
|
|
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# Based On
Manufacturing Production Index
(Source : Department of Statistics / Economic Report / Bank Negara Report)
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INDUSTRY ANALYSIS
|
MSIC CODE
|
|
5219 : Other retail sale in non-specialized stores
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INDUSTRY :
|
TRADING
|
|
|
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The wholesale and retail trade sector grew 7.1% in the first half of the
year 2011 supported by strong consumer spending amid favourable labour
market conditions and sustained disposable income. This was reflected in
the higher distributive trade index which increased 15.9%, with wholesale
and retail trade indices increasing 19.2% and 7.8%, respectively.
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It is anticipated that the retail industry will grow 6.0 per cent in the
year 2012.
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|
Malaysia's retail sector for 2011 is expected to grow 6 per cent or RM81.59
billion worth of retail sales, similar to the year 2010, due to concerns of
high oil prices, declining purchasing power and high cost of doing
business. The Middle East and North Africa civil wars have caused the world
oil prices to climb. This has led to further rise in the cost of running
retail businesses, especially in terms of transportation cost. Many
retailers have no choice but to pass the increased cost to end consumers.
At the same time, natural disasters (tsunamis, floods, droughts, snow
storms, tornadoes and earthquakes) that occurred in all parts of the world
has also led to a shortage in the supply of food and raw materials. The
phenomenon has pushed retail prices up.In addition, the continual removal
of government subsidies since 2010 has pushed inflation upwards.
Consequently, rising prices of retail goods contributed to an expectation
of moderate performance.
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During the first seven months of 2011, other consumption indicators such as
imports of consumption goods and credit card spending increased 12.8% and
11.8%, respectively. Sales of motor vehicles declined 3% on account of
supply chain disruptions following devastating March 2011 earthquake and
tsunami in Japan.
|
|
Growth of the sector is anticipated to remain encouraging with ongoing
efforts by the Government to increase its contribution to the economy.
Major initiatives include increasing the number of large format stores such
as hypermarkets, superstores and departmental stores are carried out to
boost the economy.
|
|
Meanwhile, the Government has introduced the Retail Shop Transformation
(TUKAR) programme. Under this programme, selected large format retailers
will assist small retailers to improve their premises and layout which
include attractive product display shelves, enhanced lighting and
point-of-sales system to manage product inventory,
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|
|
|
|
OVERALL INDUSTRY OUTLOOK : Average Growth
|
|
CREDIT RISK
EVALUATION & RECOMMENDATION
|
|
During our investigation, we were unable to contact the SC and its Owner as
they are not registered with local phone directory. In view of this, the
SC's existence in the market is in doubt. Based on the above condition, the
SC is not qualified for credit assessment.
|
|