MIRA INFORM REPORT

 

 

Report Date :

04.04.2013

 

IDENTIFICATION DETAILS

 

Name :

GR STATIONERY (CAMBODIA) CO LTD

 

 

Registered Office :

261 Kampuchea Krom St 128, Phnom Penh 12252

 

 

Country :

Cambodia

 

 

Date of Incorporation :

26.08.2011

 

 

Legal Form :

Private Company with Limited Liability

 

 

Line of Business :

Trader of Office Equip./Supplies & Stationery

 

 

No. of Employees :

10

 

 

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 :

Poor

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Unknown 

 


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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Cambodia

C1

C1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Cambodia - ECONOMIC OVERVIEW

 

Since 2004, garments, construction, agriculture, and tourism have driven Cambodia's growth. GDP climbed more than 6% per year between 2010 and 2012. The garment industry currently employs more than 335,000 people and accounts for more than 75% of Cambodia's total exports. In 2005, exploitable oil deposits were found beneath Cambodia's territorial waters, representing a potential revenue stream for the government, if commercial extraction becomes feasible. Mining also is attracting some investor interest and the government has touted opportunities for mining bauxite, gold, iron and gems. The tourism industry has continued to grow rapidly with foreign arrivals exceeding 2 million per year since 2007. Cambodia, nevertheless, remains one of the poorest countries in Asia and long-term economic development remains a daunting challenge, inhibited by endemic corruption, limited educational opportunities, high income inequality, and poor job prospects. Approximately 4 million people live on less than $1.25 per day and 37% of Cambodian children under the age of 5 suffer from chronic malnutrition. More than 50% of the population is less than 25 years old. The population lacks education and productive skills, particularly in the impoverished countryside, which also lacks basic infrastructure. The Cambodian government is working with bilateral and multilateral donors, including the World Bank and IMF, to address the country's many pressing needs; more than 50% of the government budget comes from donor assistance. The major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance.

 

Source : CIA

 


REGISTERED NAME & COMPANY SUMMARY

 

Company Details

Organization Name

:

GR STATIONERY (CAMBODIA) CO LTD

Address

:

261 Kampuchea Krom St 128, Phnom Penh 12252

Country

:

Cambodia

Phone (S)

:

[+855] 23-881119

Facsimile

:

[+855] 23-881577

Email

:

info@atbc.com.kh

Website

:

http://www.atbc.com.kh

Primary Business Activity

:

Importer

Key Industry

:

Office Equip./Supplies & Stationery

 

Key Facts

 

Registered Legal Address

:

261 Kampuchea Krom St 128, Phnom Penh 12252

Operational Address

:

Villa No. 10st 150K/H 7 Makara S/K Veal, Vongphnom Penh, Cambodia

Issuing Authority

:

Ministry of Commerce - Commercial Registry - National

License Number

:

Co2046KH/2011

License Status

:

License exists - Normal.

Legal Form – Category

:

Private Company with Limited Liability

Legal Form

:

Company Limited

Legal Form - Abbreviation

:

CO LTD

Operational Status of Business

:

Normal

Date of Registration

:

26 Aug, 2011

Employees

:

10

Capital

:

US$ 5,021

 

Report Details

 

 

Country

:

Cambodia

Business Entity Name

:

GR STATIONERY (CAMBODIA) CO LTD

Primary Business Activity

:

Importer

Primary Industry

:

Office Equip./Supplies & Stationery

Office Contact Details

Operating Address

:

261 Kampuchea Krom St 128, Phnom Penh 12252

Tel

:

[+855] 23-881119

 

:

[+855] 23-881117

 

:

[+855] 23-888886

 

:

[+855] 23-345111

Mobile

:

[+855]-70736606

 

:

[+855]-77345111

Fax

:

[+855] 23-881577

Email

:

info@atbc.com.kh

Website Details

Website

:

http://www.atbc.com.kh

Status

:

Normal - operational

Country of Registration

:

Cambodia

Ownership Type

:

Registered ownership by a related third party

Owner Country

:

Cambodia

Owner Name

:

ANGKOR THOM CO LTD

 

DIRECTORS/MANAGEMENT

 

 

COMPANY DIRECTORS

 

1

 

 

Personal Unique Identifier

:

MI03382600

Name

:

Mr. Virakpheap Sao

Nationality

:

Cambodian

 

 

NEGATIVE INFORMATION

 

 

REPUTATION

 

Due to the recent incorporation of the GR STATIONERY (CAMBODIA) CO LTD, and the relatively small nature of its business, no meaningful points of reference in terms of reputation within the respective industry was possible.

 

 

NEGA-SCAN - ADVERSE DATA MONITORING

 

 

DISHONORED CHECKS

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

DEBT

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

LITIGATION

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

PERFORMANCE DEFAULTS

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

SHARE & SHARE CAPITAL INFORMATION

 

 

CAPITAL (Currency: KHR - Cambodia Riel)

 

Authorized Capital

:

20,000,000

 

SHAREHOLDERS

 

Total number of shareholders

:

1

Total number of shares

:

1,000

 

Currency

:

KHR - Cambodia Riel

 

No.

Shareholders

Country

Shares

Number

Amount (KHR)

%

1

Mr. Virakpheap Sao

Cambodia

1,000

n/a

100.00

Total

1,000

n/a

100.00

 

 

 

PAYMENT INFORMATION

 

 

PAYMENT TERMS

 

Selling

 

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

 

Purchasing

 

Type

Terms

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

GROUP STRUCTURE & AFFILIATED COMPANIES

 

 

RELATED PARTIES (Subsidiaries , Joint-ventures & Affiliates)

 

The following provides a summary of the number of businesses that are related to GR STATIONERY (CAMBODIA) CO LTD:

 

TYPE

DOMESTIC

TOTAL

Affiliate

1

Joint-Venture

-

Minority shareholding

-

Subsidiary

-

 

Domestic

 

 

Business Entity Name

:

ANGKOR THOM CO LTD

Global Identifier

:

P1364209

Country

:

Cambodia

Relationship

:

Affiliate

Operational Address

:

261 Kampuchea Krom (St 128), Phnom Penh

Primary Business Activity

:

Trader

Industry

:

Office Equip./Supplies & Stationery

 

 

FINANCIAL INFORMATION

 

 

FINANCIAL STATEMENT - DETAILED

 

Based on the corporate laws of Cambodia, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

FOREIGN EXCHANGE RATES

 

Today's Exchange rate

:

1.00 KHR
Cambodia Riel

=

0.000251 USD
United States Dollars

 

ADDITIONAL INFORMATION

 

Primary Products

Products / Materials / Services Description

Activity

Books

Importing

Laminating films

Importing

Notebooks

Importing

Office equipment

Importing

Office supplies

Importing

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

Product/Service Description

Code

Activity

Book/Periodical/Newspaper

5192

Importing

Books and pamphlets

2731

Importing

Office Equipment

5044

Importing

Office machines, nspf, and parts, nspf

3579

Importing

Pencils, office, and art supplies

3952

Importing

Pens, mechanical pencils, and parts

3951

Importing

Plastics film, strips, and sheets, unsupported

3081

Importing

Stationery & Office Supplies

5112

Importing

Stationery products

2678

Importing

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

Product/Service Description

Code

Activity

Books, brochures & similar printed matter

4901

Importing

Books, music and pamphlets, in raised print, used exclusively by or for the use or benefit of blind or other physically or mentally handicapped person

9817009200

Importing

Envelopes, postcards etc & boxes etc of stationery

4817

Importing

Film,strip & sheets,noncelular,not reinforced,etc,of other plastics, flexible,nesoi

3920992000

Importing

Notebooks, of paper or paperboard

4820102050

Importing

Office machines

8472908000

Importing

Office or school supplies of plastic

3926100000

Importing

Pens (ball point, soft tip etc), mech pencils etc, parts

9608

Importing

Registers, notebooks, binders, bus forms etc, paper

4820

Importing

 

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

 

Products / Materials / Services Description

Ranking

Activity

Pens

Primary

Importing

 

 

CORE BUSINESS DESCRIPTION

 

Core Business

 

The primary business focus of GR STATIONERY (CAMBODIA) CO LTD is Importing - General products .

Key products include :

·         Books

·         Notebooks

·         Laminating films

·         Office equipment

·         Office supplies

·         Pens


An integral part of the core business includes:

  • Distribution

 

 

DOMESTIC SALES & PURCHASES

 

Annual Sales Analysis

Percentage

Domestic Sales

100%

 

 

Annual Purchases Analysis

Percentage

Imports

100%

 

 

INTERNATIONAL TRADE - Activity & Markets

 

 

Country / Region

Estimated level of importance

Trading Activity

Asia / Pacific

High

Importing

 

 

OFFICE & FACILITIES

 

Name

:

GR STATIONERY (CAMBODIA) CO LTD - PHNOM PENH

Address

:

261 Kampuchea Krom St 128, Phnom Penh 12252

Country

:

Cambodia

Status

:

Operational

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.39

UK Pound

1

Rs.82.05

Euro

1

Rs.69.59

 

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.