MIRA INFORM REPORT

 

 

Report Date :

15.06.2012

 

IDENTIFICATION DETAILS

 

Name :

P.T. OCEAN MEGA PERSADA

 

 

Registered Office :

c/o Ruko Klampis Square Block C No. 28, Jalan Klampis Jaya, sSurabaya, 60119

 

 

Country :

Indonesia

 

 

Date of Incorporation :

29.04.2010

 

 

Com. Reg. No.:

No. AHU-36675.AH.01.01.TH.2010

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Trading, Export Import and Distribution of Marine Products and Agriculture Commodities Products

 

 

No. of Employees :

03

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

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. OCEAN MEGA PERSADA

 

 

company Address

 

Head Office

c/o Ruko Klampis Square Block C No. 28

Jalan Klampis Jaya

Surabaya, 60119

Indonesia

Phones             - (62-31) None

Fax                   - (62-31) None

Building Area     - 2 storey

Office Space      - 50 sq. meters

Region              - Commercial

Status               - Rent

 

 

Date of Incorporation

 

29 April 2010

 

 

Legal Form

 

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

 

 

Company Reg. No.

 

The Ministry of Law and Human Rights

No. AHU-36675.AH.01.01.TH.2010

Dated 23 July 2010

 

 

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. 400,000,000.-

Issued Capital                                  : Rp. 100,000,000.-

Paid up Capital                                : Rp. 100,000,000.-

 

Shareholders/Owners :

a. Mr. Josaphat Rahdi Prakosa                                        - Rp. 95,000,000.-

    Address : Jl. Klampis Semolo Timur G/1

                    Kelurahan Klampis Ngasem, Kecamatan

                    Sukolilo, Surabaya, East Java

                    Indonesia

b. Mrs. Jovita Ika Pramyasti                                             - Rp.   5,000,000.-

    Address : Jl. Ikan Hiu II/ 38-A, RT. 001 RW. 005

                    Kelurahan Tanjungsekar, Kecamatan

                    Lowokwaru, Malang, East Java

                    Indonesia

 

 

BUSINESS ACTIVITIES

 

Lines of Business :

Trading, Export Import and Distribution of Marine Products and Agriculture Commodities Products

 

Production Capacity :

None

 

Total Investment :

None

 

Started Operation :

June 2010

 

Brand Name :

Ocean Mega Persada

Technical Assistance :

None

 

Number of Employee :

3 persons                                       

 

Marketing Area :

Export      - 100%

 

Main Customer :

Unknown

 

Market Situation :                         

Unknown

 

Main Competitor :                         

None

 

Business Trend :

No Comment

 

 

BANKER, AUDITOR & LITIGATION

 

Banker :

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. Josaphat Rahdi Prakosa

 

Board of Commissioner :              

Commissioner                                 - Mrs. Jovita Ika Pramyasti

 

Signatories :                                 

Director (Mr. Josaphat Rahdi Prakosa) 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

 

 

OVERALL PERFORMANCE

 

Based on investigation on P.T. OCEAN MEGA PERSADA address located at Ruko Klampis Square Block C No. 28, Jalan Klampis Jaya, Surabaya, East Java with telephone number (62-31) 5916009, 5992986 was registered on Health Clinic Services (Mrs. Kress) and placed the office 2 month as from April to June 2012. According information that Subject did not registered on the office building. Besides, according information from Telkom Surabaya explained the Subject was has yet been registered on Telkom Surabaya Book Directory and Information.

 

Pursuant to company notary deed, P.T. OCEAN MEGA PERSADA (P.T. OMP) was established in Surabaya, East Java based on notary deed of Mrs. Rosida, SH, No. 42 dated 29 April 2010 with the authorized capital of Rp. 400,000,000 issued capital of Rp. 100,000,000 entirely paid up. The founding shareholders of the company are Mr. Josaphat Rahdi Prakosa (95%), and Mrs. Jovita Ika Pramyasti, both are indigenous businessmen. Based on our knowledge up to writing the report the notary document of the company has not undergone any changes. The deed of notary document was approved by the Ministry of Law and Human Rights in its decision letter No. AHU-36675.AH.01.01.TH.2010 dated July 23, 2010.

 

According to Alibaba Internet, P.T. OMP engaged in the field of trading, distribution and export of marine products and agriculture commodities products. P.T. OMP is focused on seafood trading export import doing majority raw material supply for canning, such as fish canned, coconut, desiccated, seaweed, fresh, sardine, macarel etc. Besides, P.T. OMP also sells of betel nuts and other agriculture products. The whole marine products and agriculture products obtained from Surabaya, Java island and agriculture commodities from Medan, Aceh Nangroe Darusalam, Padang, Jambi and Lampung. According to the Alibaba Internet, P.T. OMP can be contacted with Mobile Phone 081 75010651 but the mobile phone is not valid and un contactable.  However, currently we didn’t know the complete line of business of P.T. OMP due to the complete address of the company was not found.

 

We refrain from informing business prospect of P.T. OMP 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. 100,000,000. 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. OMP is led by Mr. Josaphat Rahdi Prakosa AKA Yos Prakosa (42) as director and Mrs. Jovita Ika Pramyasti (43) 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. OCEAN MEGA PERSADA 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.55.79

UK Pound

1

Rs.86.37

Euro

1

Rs.70.07

 

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.