|
Report Date : |
21.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
P.T. REFTO TEKNIK UTAMA |
|
|
|
|
Registered Office : |
Jalan Bukit Gading Raya Block C-17 Kelapa Gading Jakarta Utara |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
March 2008 |
|
|
|
|
Com. Reg. No.: |
No. AHU-AH.01.10-25714 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Trading, Distribution of Structural Metal, Metal Stamping and Forging |
|
|
|
|
No. of Employees : |
Not Available |
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 |
P.T. REFTO
TEKNIK UTAMA
Registered Office
Jalan Bukit Gading Raya Block C-17
Kelapa Gading
Jakarta Utara
Indonesia
Phones -
Not Available
Fax - Not Available
Building Area - 2 storey
Office Space - 100 sq. meters
Region - Commercial
Status - Rent
Date of Incorporation :
March 2008
Legal Form :
P.T. (Perseroan
Terbatas) or Limited Liability Company
Company Reg.
No. :
The Ministry of Law and Human Rights
- No. AHU-20703.AH.01.01.TH.2008
Dated 24 April 2008
- No. AHU-AH.01.10-25714
Dated 23 December 2008
Company Status
:
National Private
Company
Permit by the
Government Department :
The Department of Finance
NPWP No.
02.009.959.4-043.000
Related
Company :
P.T. INTIFA UTAMA
(Trading and Distribution of Metal Products)
Capital
Structure :
Authorized
Capital : Rp.
500,000,000.-
Issued Capital : Rp.
500,000,000.-
Paid up Capital : Rp.
500,000,000.-
Shareholders/Owners
:
a. Mr. Anton Hartono -
Rp. 250,000,000.-
Address : Jl. Mangga Besar Raya 101
Taman
Sari, Jakarta Barat
Indonesia
b. Mr. Theodorus Felix Suwu - Rp. 250,000,000.-
Address : Jl. Palem I F. 326
Bekasi Selatan,
West Java
Indonesia
Lines of
Business :
Trading, Distribution
of Structural Metal, Metal Stamping and Forging
Production
Capacity :
None
Total
Investment :
None
Started
Operation :
Unknown
Technical
Assistance :
None
Number of
Employee :
None
Marketing Area
:
Local - 100%
Main Customer
:
Unknown
Market
Situation :
Unknown
Main
Competitors :
a. P.T. HOTMAL
JASA PERKASA
b. P.T. JAYA SENTRA METAL
c. P.T. KYODA MAS MULIA
d. P.T. METINDO ERA SAKTI
e. Etc.
Business Trend
:
No comment
B a n k e r :
Unknown
Auditor :
Internal Auditor
Litigation :
No litigation
record in our database
Annual Sales
(estimated) :
Unknown
Net Profit
(Loss) :
Unknown
Payment Manner
:
Unknown
Financial Comments :
Weak
Board of Management
:
Director - Mr. Anton Hartono
Board of
Commissioner :
Commissioner -
Mr. Theodorus Felix Suwu
Signatories :
Director (Mr. Anton Hartono) which must
be approved by Board of Commissioner
Management Capability
:
Weak
Business Morality
:
Prudent
Credit Risk :
Very High
Credit
Recommendation :
Not qualified for credit assessment
Proposed Credit Limit :
Deposit or
Advance Payments
Based to our
investigation to the above address at Jalan Bukit Gading Raya Block C-17,
Kelapa Gading, East Jakarta, we did not found P.T. REFTO TEKNIK UTAMA. However
that the address registered on P.T. GEMILANG MAJU SEJAHTERA UTAMA with
telephone phone number (62-21) 45854360, 45854345 and they did not know about
P.T. REFTO TEKNIK UTAMA. Besides the telephone number you had provided is also
un contactable. Based information from P.T. TELKOM in Jakarta explained that
P.T. REFTO TEKNIK UTAMA has yet been registered on book directory of P.T.
TELKOM.
Besides,
according to other information P.T. REFTO TEKNIK UTAMA located at Jakarta
Industrial Estate Pulogadung Block C No. 9, Jalan Rawa Gelam V, Jakarta Timur
with telephone number (62-21) 4615405, however after contacted frequently the
telephone number is error. According information the company is one of the
importers of contraband goods.
Pursuant to
company notary deed, P.T. REFTO TEKNIK UTAMA was established in Jakarta, in
March 2008 with the authorized capital of Rp. 500,000,000 wholly issued and
paid up. The founding shareholders of the company are Mr. Anton Hartono and Mr.
Theodorus Felix Suwu, both are Indonesian businessmen of Chinese descent. The
company notary deed was approved by the Ministry of Law and Human Rights in its
decision letter No. AHU-20703.AH.01.01.TH.2008 dated April 24, 2008. The
company notary deed has been changed and according to the latest revision of
notary documents of Mr. Jhonni Marihotua Sianturi, SH., No. 14 dated 12
December 2008 the board of director and the board of commissioner reappointed
to lead and runs of the company’s operation. The deed of amended was approved
by the Ministry of Law and Human Right in its Decision Letter No.
AHU-AH.01.10-25714, dated December 23, 2008.
Pursuant to the
deed of notary of the company, P.T. REFTO TEKNIK UTAMA dealing with general
trading, export import of agricultural commodities, industry, general
contracting, trading and supplies, plantation, hatchery, land clearing, garment
and textile industry, freight forwarding services, custom clearance, logistic
services, custom brokerage services, trading and distribution, export import
services, industry, manufacturing, general trading such as trading of
technical, electrical, mechanical goods, and building material, and acting as
supplier, distributor, wholesaler and agent of the companies both inside or
outside the country. (Source: Notary Deed of P.T. RTU). We didn’t know the
complete line of business of P.T. REFTO TEKNIK UTAMA due to the complete
address of the company was not found.
Besides
according information, P.T. REFTO TEKNIK UTAMA engaged in structural metal,
metal stamping and forging. The plant located at Jakarta Industrial Estate
Block C No. 9, Jalan Rawa Gelam V, Pulogadung, East Jakarta. According information
from P.T. TELKOM the address is registered on P.T. INTIFA UTAMA engaged in
structural metal, metal stamping and forging, though the warehouse used for
storage of smuggled goods.
According to information on 1 December 2011, P.T. REFTO
TEKNIK UTAMA with P.T. KINTA MOLEK INDAH PERSADA and P.T. CAHAYA BINTANG BARU,
House of Representatives to review directly to the location of the warehouse
and found P.T. REFTO TEKNIK UTAMA, P.T. KINTA MOLEK INDAH PERSADA and P.T.
CAHAYA BINTANG BARU storing illegal goods are imported toys, plastic resin,
ceramic and marble, but of industrial Bonded Zone is used to accommodate the
import of contraband goods. True bonded warehouse facilities designed to
accommodate semi-finished goods which are then processed into finished goods.
However, according to reliable sources, bonded warehouse to accommodate the
mode of finished goods and goods smuggled. "The goal is to avoid import
duties that should be state revenue.
Wednesday, December 7, 2011, 5:20 pm
INILAH.COM, Jakarta -
Corruption Eradication Commission (KPK) and the Police should investigate the
case of entry of 13 containers of toys illegally into a bonded warehouse in
Kedung barrier, Bogor. The officials who engage in practices that cost the country
hundreds of billions of dollars that should be examined. This may not only be
done by staff or officials at lower levels only. This would have involved
high-ranking officials to the level of Director General of Taxation, "said
Coordinator of Anti-Corruption Society (Maki) Saiman Bonyamin yesterday.
According Bonyamin, the practice of smuggling with the mode of playing in a
bonded warehouse is not new. This has been happening for a long time. So it
should not be allowed. "Commission or the Police had to intervene to check
the officials who played with black entrepreneurs," he said.
He added that Customs has a small kingdom that police can not enter the port
area or a bonded warehouse. "Cook the police can not check the bonded
warehouse? It's strange, "said Bunyamin. Escape of these 13 containers,
added Bunyamin, the actual mode is usually done by Customs and Excise.
"Contraband goods should be confiscated, even authorized by Customs. The
mode is always so, "said Bunyamin. Bunyamin asserted, should there be
legal action that Customs no longer helping the smugglers. The reason, as long
as this would facilitate the Customs and Excise are smuggling in this country.
"Many times the Customs and Excise protecting smugglers," said
Bunyamin.
Previously, as reported by many media,
irregularities in the use of bonded warehouses overdo barrier, Bogor. A total
of 13 containers that will be caught by the police, trigger-fitted seals by
unscrupulous officials of Customs and Excise. The bonded warehouse is owned by
P.T. CAHAYA BINTANG BARU. In the warehouse there are also a couple of other
companies, namely P.T. KINTA MOLEK INDAH PERSADA and PT REFTO TEKNIK UTAMA. The
third company was engaged as an importer of plastic resin, marble, tiles, and
toys. They've been in operation since two years ago. Actually bonded warehouse
facilities to accommodate semi-finished goods which are then processed into
finished goods. However, today many are just to accommodate bonded warehouses
of finished goods and goods smuggled. The goal, to avoid import duties that
should be a state revenue.
Meanwhile, Chairman of the Standing Committee of the Customs and Excise Ahsanul
Qosasi also request smuggling activities that are often quickly resolved by the
Directorate of Customs and Excise. According to him, the dark practices of the
financial harm the country in large numbers it should not be allowed to happen.
Some time ago, members of the House of Representatives Commission VI Lili
Asdjudiredja urged the Minister of Finance to review the existence of Bonded
Warehouse which has been used as shelter only illegal goods. He considered it
was not in accordance with the Regulation of the Minister of Finance 32/PMK No.
04/2008 on the amendment No399/KMK decree 01/1996 on Bonded Warehouses.
Source:
Internet, http://www.nilah.com
We refrain from
informing business prospect of P.T. RTU 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. 500,000,000. 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. RTU is led by Mr. Anton Hartono (54) as
director and Mr. Theodorus Felix Suwu (57) 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. REFTO TEKNIK UTAMA 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.55.86 |
|
|
1 |
Rs.87.93 |
|
Euro |
1 |
Rs.70.88 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.