UPDATED
REPORT
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Report Date : |
21.05.2012 |
IDENTIFICATION DETAILS
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Name : |
XUNT O'GOOJ LLC |
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Formerly Known As : |
XUNT O'GOOJ XXK |
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Registered Office : |
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Country : |
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Date of Incorporation : |
24.07.2001 |
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Com. Reg. No.: |
2166631 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Mining and processing of fluorite (fluorspar). |
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No. of Employees : |
30 |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Mongolia |
C1 |
C1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Xunt O'Gooj LLC
Street : University Avenue Building 3, Block
2, Office 304
Area : Sukhbaatar District
Town : Ulaanbaatar
Country : Mongolia
Telephone : (976 11) 350 966 / Mobile (976 99) 093
569
Fax : (976 11) 350 966
Also known as : Xunt O'Gooj XXK / Khunt O'Gooj LLC /
Xunt Ogoozh LLC
Name Position
Borgiil Batolziy Managing Director
Total Employees : 30
No complaints have been heard regarding payments from
local suppliers or banks.
We consider it is acceptable to deal with subject for
SMALL amounts,
although it is normal accepted practice for
international suppliers to deal on secured terms with Mongolian importers.
Trade risk assessment: Normal
NAME : Khan
Bank LLC
Branch : Seoul
Street 25
Town :
Ulaanbaatar 210644
Telephone: (976 11) 332 333
Fax : (976
70) 117 023
Private companies in Mongolia are not required to publish
or disclose balance sheets. However, the subject interviewed offered
the following information :
Sales Turnover
: US DLRS 2,000,000 - 2011 - exact
Net Profit
: not given but stated to
be profitable
Financial year ends 31 December.
Date Started : 24 July 2001
History : The subject company was established in
Mongolia on 24 July 2001 and started production in 2009.
C.R. No. : 2166631
Authorized Capital : TUGIK 1,000,000
Paid-Up Capital : TUGIK 1,000,000
Limited Liability Company with the following sole
shareholder :
Borgiil Batolziy 100%
The Company is involved in the following activities :
Mining and processing of fluorite (fluorspar).
NACE Code : 0891
Subject neither imports nor exports any products
(requirements) at present time.
The Company has the following facilities :
Administrative offices located at the heading address
as well as a manufacturing field and storage facilities located in Khentii
Aymag.
Production capacity :
Fluorite (fluorspar) : 10,000 tonnes 2011
2nd Khoroo, Apartment 40
Bor Ondor Village
Kherlen District
Khentii Aymag
This amended report is sent as a replacement of our
previous report Ref: 718291.01.C.OZN.X / dated 10/05/2012.
Interviewed: Borgiil Batolziy (Managing Director).
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.87 |
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1 |
Rs.86.46 |
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Euro |
1 |
Rs.69.49 |
INFORMATION DETAILS
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Report Prepared
by : |
PRL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SCs 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.