MIRA INFORM REPORT

 

 

Report Date :

09.06.2012

 

IDENTIFICATION DETAILS

 

Name :

WAH WAH WIN INT'L CO LTD

 

 

Registered Office :

Rm 15 Wah Wah Win Tower 107/109 Anawrahta Rd Ward (4), Latha, Yangon

 

 

Country :

Myanmar

 

 

Year of Establishment :

1991

 

 

Com. Reg. No.:

Not Available 

 

 

Legal Form :

Private Company with Limited Liability

 

 

Line of Business :

Service provider of Construction & Construction Materials

 

 

No. of Employees :

20

 

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 :

Moderate

 

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Myanmar

C2

C2

 

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

:

WAH WAH WIN INT'L CO LTD

Address

:

Rm 15 Wah Wah Win Tower 107/109 Anawrahta Rd Ward (4), Latha, Yangon

Country

:

Myanmar

Phone (S)

:

[+95]-250650

Facsimile

:

[+95]-250753

Email

:

wahwahwincompany@gmail.com

Primary Business Activity

:

Service

Key Industry

:

Construction & Construction Materials

 

Key Facts

Registered Legal Address

:

Rm 15 Wah Wah Win Tower 107/109 Anawrahta Rd Ward (4), Latha, Yangon

Operational Address

:

Rm 15 Wah Wah Win Tower 107/109 Anawrahta Rd Ward (4), Latha, Yangon

Issuing Authority

:

Ministry of National Planning & Economic Development, Directorate of Investment & Company Administration - National

License Number

:

316/1991-1992

License Status

:

License exists - Normal.

Legal Form - Category

:

Private Company with Limited Liability

Legal Form

:

Company Limited

Legal Form - Abbreviation

:

CO LTD

Operational Status of Business

:

Normal

Date of Registration

:

1991 (1)

Employees

:

20

Capital

:

n/a(2)

 

 

DIRECTORS/MANAGEMENT

 

Key Person

Legal Title

:

Chairman

Name

:

Mr. Kya-ing Shwe

Nationality

:

Myanmar

 

COMPANY MANAGEMENT

 

 

Management Listings

 

 

 

Name

Nationality

Job Description

Dept. / Division

1

Ms. Zin-pyo Shwe

Myanmar

Manager

-

 

 

Management Details - 1

Personal Unique Identifier

:

MI03145029

Name

:

Ms. Zin-pyo Shwe

 

 

COMPANY DIRECTORS

 

 

1

 

 

Personal Unique Identifier

:

MI03145024

Name

:

Mr. Kya-ing Shwe

Nationality

:

Myanmar

 

Based on corporate statutory laws /regulations in Myanmar, there is no requirement for public disclosure of Director. In this case, the Director 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.

 

 

 

NEGATIVE INFORMATION

 

REPUTATION

Reference checking for the purpose of establishing the WAH WAH WIN INT'L CO LTD's reputation within the respective industry failed to reveal any adverse information.

 

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

 

SHAREHOLDERS

Not available - According to the corporate statutory laws for this type of Legal Form - Category (Private Company with Limited Liability) in Myanmar, there is no public disclosure of Shareholders.

 

 

PAYMENT INFORMATION

 

Na

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Na

 

 

FINANCIAL INFORMATION

 

FINANCIAL STATEMENT - DETAILED

Based on the corporate laws of Myanmar, 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

 

Na


ADDITIONAL INFORMATION

 

Employees

:

20

 

Report Details

Country

:

Myanmar

Business Entity Name

:

WAH WAH WIN INT'L CO LTD

Primary Business Activity

:

Service

Primary Industry

:

Construction & Construction Materials

Office Contact Details

Operating Address

:

Rm 15 Wah Wah Win Tower 107/109 Anawrahta Rd Ward (4), Latha, Yangon

Tel

:

[+95]-250650

 

:

[+95]-245170

Mobile

:

[+95]-95016980

Fax

:

[+95]-250753

Email

:

wahwahwincompany@gmail.com

 

 Primary Products

Products / Materials / Services Description

Activity

Construction

Service

Contractors

Service

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Heavy Construction, NEC

1629

Service

Special Trade Contractors, NEC

1799

Service

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Heavy construction

9818

Service

Special trade contractors

9831

Service

 

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of WAH WAH WIN INT'L CO LTD is Specialized professional services, including:

  • Construction
  • Contractors

OFFICE & FACILITIES

Name

:

WAH WAH WIN INT'L CO LTD - LATHA, YANGON

Type of Location

:

Commercial

Address

:

Rm 15 Wah Wah Win Tower 107/109 Anawrahta Rd Ward (4), Latha, Yangon

Country

:

Myanmar

Status

:

Operational

 

COMPANY HISTORY

Date

Details

1992

Commenced business operations.

 

 

NOTES & COMMENTS

 

Na

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.36

UK Pound

1

Rs.85.64

Euro

1

Rs.69.21

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.