MIRA INFORM REPORT

 

 

Report Date :

25.05.2012

 

IDENTIFICATION DETAILS

 

Name :

ASIA  ORIEL  [THAILAND]  CO.,  LTD.

 

 

Registered Office :

481  Usdang  Road,  T. Naimuang,  A. Muang, Nakornratchasima  30000

 

 

Country :

Thailand

 

 

Date of Incorporation :

01.05.2007

 

 

Com. Reg. No.:

0305550000609

 

 

Legal Form :

Private  Limited  Company

 

 

Line of Business :

Exporter of Rice  Products

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

Payment Behaviour :

Unknown

Litigation :

--

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)

Thailand

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name

 

ASIA  ORIEL  [THAILAND]  CO.,  LTD.

 

 

SUMMARY

 

BUSINESS  ADDRESS                          :           -

TELEPHONE                                         :           -  

FAX                                                      :           -

REGISTRATION  ADDRESS                  :           481  USDANG  ROAD,  T. NAIMUANG,  A. MUANG,

                                                                        NAKORNRATCHASIMA  30000,  THAILAND

ESTABLISHED                         :           2007

REGISTRATION  NO.                           :           0305550000609

CAPITAL REGISTERED                         :           BHT.   1,000,000

CAPITAL PAID-UP                                :           BHT.   1,000,000

SHAREHOLDER’S  PROPORTION         :           THAI     :    100%

FISCAL YEAR CLOSING DATE              :           -            

LEGAL  STATUS                                  :           PRIVATE  LIMITED  COMPANY

EXECUTIVE                                          :           MR. JUTISETH  CHOTESUPA-ANANT,  THAI

                                                                        MANAGING  DIRECTOR           

NO.  OF  STAFF                                   :           -

LINES  OF  BUSINESS              :           RICE  PRODUCTS

                                                                        EXPORTER

                                                                         

 

CORPORATE PROFILE

 

OPERATING  TREND                            :           -                      

PRESENT  SITUATION                          :           -                      

REPUTATION                                       :           -

MANAGEMENT  STANDARD                 :           -

 

 

 

 

 

 


HISTORY

 

The  subject  was  formed  on  May  1,  2007 as  a  private  limited  company  under the  registered  name style ASIA ORIEL [THAILAND]  CO.,  LTD., by  Thai groups,   with  the  business  objective to  export  various  kinds  of  rice  and  agricultural  products.

 

The  subject’s  registered  address  is  481  Usdang  Rd.,  T. Naimuang,  A. Muang,  Nakornratchasima  30000.

 

 

THE  BOARD  OF  DIRECTOR

 

Mr. Jutiseth  Chotesupa-anant  [Mr. Justic  Cho]

 

 

AUTHORIZED PERSON

 

The  above  director  can  sign  on  behalf  of  the  subject  with  company’s  affixed.

 

MANAGEMENT

 

Mr. Jutiseth  Chotesupa-anant  [Mr. Justic  Cho]  is  the  Managing  Director.

He  is  Thai  nationality  with  the  age  of  32  years  old.  

 

 

NOTE

Please  be  informed  that  the  subject  was  untraceable,  due  to  the  company  was  located  in  Nakornratchasima  province, which is   in  the  North  Eastern  region. We  were  unable  to  visit  the  subject,  as well  as its  telephone  numbers,  044  269-697  and  044  910-199  were not in  order.

 

 

COMMENT

 

Since   inception in  2007,  subject  has  never  submitted  its  financial  statement  to  Registration  Department,  Ministry  of  Commerce.  Due  to  this,  we  do   not  recommend  any  credit  requested.

 

 

FINANCIAL INFORMATION

 

The  capital  was  registered  at  Bht. 1,000,000 divided  into 10,000 shares  of  Bht. 100  each  with  fully  paid.

 

 

THE  SHAREHOLDERS  LISTED  WERE

 [as  at  April  30,  2007]

       NAME

HOLDING

%

 

 

 

Mr. Jutiseth  Chotesupa-anant

Nationality:  Thai

Address     :   481  Usdang  Rd.,  T. Naimuang, 

                     A. Muang,  Nakornratchasima

9,994

99.94

Mr. Thanit  Kulkoksoong

Nationality:  Thai

Address     :  152  Moo  6,  Petchmatuka  Rd., 

                     T. Panao,  A. Muang,  Nakornratchasima

       1

0.01

Mr. Anant  Kulkoksoong

Nationality:  Thai

Address     : 155  Moo  6,  Petchmatuka  Rd.,  T. Panao, 

                     A. Muang,  Nakornratchasima

       1

0.01

Mrs. Suwalai  Kulkoksoong

Nationality:  Thai

Address     :  155  Moo  6,  Petchmatuka  Rd.,  T. Panao,

                     A. Muang,  Nakornratchasima

       1

0.01

Mr. Nawakorn  Kulkoksoong

Nationality:  Thai

Address     :  481  Usdang  Rd.,  T. Naimuang, 

                     A. Muang,  Nakornratchasima

       1

0.01

Ms. Natpimol  Chotesupa-anant

Nationality:  Thai

Address     :  481  Usdang  Rd.,  T. Naimuang, 

                     A. Muang,  Nakornratchasima

       1

0.01

Ms. Rungnapa  Julyachoke

Nationality:  Thai

Address     :  210  Moo  12,  Bankwao,  Chaiyaphum

       1

0.01

 

Total  Shareholders  :    7


 

Share  Structure  [as  at  April  30,  2007]

Nationality

Shareholders

No. of  Share

% Shares

 

 

 

 

Thai

7

10,000

100.00

Foreign

-

-

-

 

Total

 

7

 

10,000

 

100.00

 

Note

The  financial  statement   has  never  been  submitted  to  the  Commercial  Registration  Department.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.29

UK Pound

1

Rs.88.26

Euro

1

Rs.70.82

 

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.