MIRA INFORM REPORT

 

 

Report Date :

14.06.2012

 

IDENTIFICATION DETAILS

 

Name :

P.T. INTRACO MITRA SEJATI

 

 

Registered Office :

Jalan Raya Tipar Cakung No. 12 Sukapura, Cilincing Jakarta Utara, 14140

 

 

Country :

Indonesia

 

 

Date of Incorporation :

21.10.2011

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Activated Carbon Manufacturing and Trading and Export Agricultural Commodities Products.

 

 

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)

Indonesia 

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Name of Company

 

P.T. INTRACO MITRA SEJATI

 

 

Address

 

Registered Office

Jalan Raya Tipar Cakung No. 12

Sukapura, Cilincing

Jakarta Utara, 14140

Indonesia

Phones             - (62-21) Not Available

Fax                   - (62-21) Not Available

Building Area     - None

Office Space      - None

Region              - Commercial

Status               - Rent

 

Factory and Warehouse

Jalan Letjend. Suprapto

Desa Kabunan, Kecamatan Taman

Kabupaten Pemalang

Central Java

Indonesia

Phones             - (62-21) Not Available

Fax                   - (62-21) Not Available

Building Area     - None

Office Space      - None

Region              - Industrial Zone

Status               - Rent

 

 

Registration data

 

Date of Incorporation :

21 October 2011

 

Legal Form :

P.T. (Perseroan Terbatas) or Limited Liability Company

 

Company Reg. No. :

The Ministry of Law and Human Rights

No. AHU-55771.AH.01.01.TH.2011

Dated 15 November 2011

 

Company Status :

Private National Company

Permit by the Government Department :

The Department of Finance

Not Available

 

Related Company :

None

 

 

CAPITAL AND OWNERSHIP

 

Capital Structure :

Authorized Capital                            : Rp. 1,000,000,000.-

Issued Capital                                  : Rp.    510,000,000.-

Paid up Capital                                : Rp.    510,000,000.-

 

Shareholders/Owners :

a. Mr. Sudikno                                                                 - Rp. 400,000,000.-

    Address : Komplek Bea Cukai Block H 7 No. 3

                    Kelurahan Sukapura, Kecamatan Cilincing

                    Jakarta Utara

                    Indonesia

b. Mrs. Rahmawati                                                            - Rp. 100,000,000.-

    Address : Komplek Bea Cukai Block H 7 No. 3

                    Kelurahan Sukapura, Kecamatan Cilincing

                    Jakarta Utara

                    Indonesia

c. Mr. Hasbi Widagdo                                                       - Rp.   10,000,000.- 

    Address : Komplek Bea Cukai Block H 7 No. 3

                    Kelurahan Sukapura, Kecamatan Cilincing

                    Jakarta Utara

                    Indonesia

 

 

BUSINESS ACTIVITIES

 

Lines of Business :

Activated Carbon Manufacturing and Trading and Export Agricultural Commodities Products

 

Production Capacity :

None

 

Total Investment :

None

 

Started Operation :

Unknown

 

Brand Name :

Intraco Mitra Sejati

Technical Assistance :

None

 

Number of Employee :

None

 

Marketing Area :

Export      - 100%

 

Main Customer :

Unknown

 

Market Situation :                         

Unknown

 

Main Competitor :                         

None

 

Business Trend :

No Comment

 

 

BANKER, AUDITOR & LITIGATION

 

B a n k e r :

Unknown

 

Auditor :

Internal Auditor

 

Litigation :                                    

No litigation record in our database

 

 

FINANCIAL FIGURE

 

Annual Sales (estimated) :            

Unknown

 

Net Profit (Loss) :                          

Unknown

           

Payment Manner :                        

Unknown

 

Financial Comments :                    

Weak

 

 

 

KEY EXECUTIVES

 

Board of Management :

Director                                           - Mr. Sudikno

 

Board of Commissioner :              

Commissioner                                 - Mrs. Rahmawati

 

Signatories :                                 

Director (Mr. Rahmawati) which must be approved by Board of Commissioner

 

 

CAPABILITIES

 

Management Capability :             

Weak

 

Business Morality :                        

Prudent

 

Credit Risk :

Very High

 

Credit Recommendation :             

Not qualified for credit assessment

 

Proposed Credit Limit :

Deposit or Advance Payments

 

 

OVERALL PERFORMANCE

 

Based on investigation on P.T. INTRACO MITRA SEJATI address located at Jalan Letjend. Suprapto, Desa Kabunan, Kecamatan Taman, Pemalang Regency, Central Java, we did not found P.T. INTRACO MITRA SEJATI. Based information from P.T. TELKOM in Pemalang, Central Java explained that P.T. INTRACO MITRA SEJATI has yet been registered on book directory of P.T. TELKOM.

 

According to company notary deed of P.T. INTRACO MITRA SEJATI the registered office address on Jalan Raya Tipar Cakung No. 12, Sukapura, Cilincing, Central Jakara, however the above address has yet been registered on Jakarta Book directory of P.T. TELKOM. Besides after visited address, we did not found P.T. INTRACO MITRA SEJATI.  

 

Pursuant to company notary deed, P.T. INTRACO MITRA SEJATI (P.T. IMS) was established in Jakarta based on notary deed of Mr. Adi Dharma, SH., No. 6 dated 21 October 2011 with the authorized capital of Rp. 1,000,000,000 issued capital of Rp. 510,000,000 entirely paid up. The founding shareholders of the company are Mr. Sudikno (78.43%), his wife Mrs. Rahmawati and his son Mr. Hasbi Widagdo, they are indigenous business family.

 

The deed of notary document was approved by the Ministry of Law and Human Rights in its decision letter No. AHU-55771.AH.01.01.TH.2011 dated November 15, 2011.

 

According to Alibaba Internet, P.T. IMS engaged in the field of activated carbon manufacturing, trading and export of agricultural commodities products. The merchandise goods products are coconut shell charcoal, coconut fibre, copra, betel nut, cocoa powder, turmeric, coconut crude oil, long pepper etc. P.T. IMS is an agro commodity export company located in Jakarta, Indonesia, having the warehouses in Central Java for processing copra and having ware house in West Java for processing coconut shell charcoal and coconut fibre. P.T. IMS capacity for copra is about 500 tons per month and our capacity for coconut shell charcoal is 250 tons per month and our capacity for coconut fibre is about 250 tons per month. The whole products mainly export to China, India, Pakistan, Bangladesh etc. According to the Alibaba Internet, P.T. IMS can be contacted with Mobile Phone 0812-74355250 but the mobile phone is not valid and un contactable.  However, currently we didn’t know the complete line of business of P.T. IMS due to the complete address of the company was not found. 

 

We refrain from informing business prospect of P.T. IMS because of having yet found the complete address up to present. In view of having yet to be unknown the complete address, the company’s financial condition is as much as the company’s issued capital worth Rp. 510,000,000. We find that the company’s financial condition still depends on the financial condition of its shareholders being supported by the businessmen behind it.

 

Based to the company notary deed, the management of P.T. INTRACO MITRA SEJATI is led by Mr. Sudikno (49) as director and Mrs. Rahmawati (44) as commissioner. The management will eventually be handled by professional managers having wide relation with overseas and national private businessmen as well as with the government sectors. In view of P.T. INTRACO MITRA SEJATI having yet to be unknown the complete address, we recommend that a high degree of prudence be observed in business transactions and adequate collateral from its shareholders be acquired in extending a new loan to the company.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.85

UK Pound

1

Rs.86.88.

Euro

1

Rs.69.88

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.