|
Report Date : |
29.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
ARROW SYSTEMS SDN. BHD. |
|
|
|
|
Registered Office : |
NO. 1, Persiaran Perindustrian Pengkalan 15, Kawasan Perindustrian
Pengkalan, 31500 Lahat, Perak |
|
|
|
|
Country : |
Malaysia |
|
|
|
|
Date of Incorporation : |
24.02.1994 |
|
|
|
|
Com. Reg. No.: |
290524-U |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Trading In Food Processing Equipment And Packaging Machine |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
Usually correct |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Malaysia |
A2 |
A2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
malaysia - ECONOMIC OVERVIEW
Malaysia, a middle-income country, has transformed itself since the
1970s from a producer of raw materials into an emerging multi-sector economy.
Under current Prime Minister NAJIB, Malaysia is attempting to achieve
high-income status by 2020 and to move farther up the value-added production
chain by attracting investments in Islamic finance, high technology industries,
biotechnology, and services. The NAJIB administration also is continuing
efforts to boost domestic demand and reduce the economy's dependence on exports.
Nevertheless, exports - particularly of electronics, oil and gas, palm oil and
rubber - remain a significant driver of the economy. As an oil and gas
exporter, Malaysia has profited from higher world energy prices, although the
rising cost of domestic gasoline and diesel fuel, combined with strained
government finances, has forced Kuala Lumpur to begin to reduce government
subsidies. The government is also trying to lessen its dependence on state oil
producer Petronas. The oil and gas sector supplies more than 40% of government
revenue. The central bank maintains healthy foreign exchange reserves, and a
well-developed regulatory regime has limited Malaysia''s exposure to riskier
financial instruments and the global financial crisis. Nevertheless, Malaysia
could be vulnerable to a fall in commodity prices or a general slowdown in
global economic activity because exports are a major component of GDP. In order
to attract increased investment, NAJIB has raised possible revisions to the
special economic and social preferences accorded to ethnic Malays under the New
Economic Policy of 1970, but he has encountered significant opposition,
especially from Malay nationalists and other vested interests.
|
Source : CIA |
|
REGISTRATION NO. |
: |
290524-U |
|
COMPANY NAME |
: |
ARROW SYSTEMS SDN. BHD. |
|
FORMER NAME |
: |
N/A |
|
INCORPORATION DATE |
: |
24/02/1994 |
|
|
|
|
|
|
|
|
|
COMPANY STATUS |
: |
EXIST |
|
LEGAL FORM |
: |
PRIVATE LIMITED (LIMITED BY SHARE) |
|
LISTED STATUS |
: |
NO |
|
|
|
|
|
|
|
|
|
REGISTERED ADDRESS |
: |
NO. 1, PERSIARAN PERINDUSTRIAN
PENGKALAN 15, KAWASAN PERINDUSTRIAN PENGKALAN, 31500 LAHAT, PERAK, MALAYSIA. |
|
BUSINESS ADDRESS |
: |
NO. 1, PERSIARAN PERINDUSTRIAN
PENGKALAN 15, KAWASAN PERINDUSTRIAN PENGKALAN , 31500 LAHAT, PERAK, MALAYSIA. |
|
TEL.NO. |
: |
05-3217968 |
|
FAX.NO. |
: |
05-3228329 |
|
EMAIL |
: |
|
|
WEB SITE |
: |
|
|
CONTACT PERSON |
: |
CHAN KOK HENG ( MANAGING
DIRECTOR ) |
|
|
|
|
|
INDUSTRY CODE |
: |
281 |
|
PRINCIPAL ACTIVITY |
: |
TRADING IN FOOD PROCESSING EQUIPMENT
AND PACKAGING MACHINE |
|
AUTHORISED CAPITAL |
: |
MYR 500,000.00 DIVIDED
INTO |
|
ISSUED AND PAID UP CAPITAL |
: |
MYR 400,000.00 DIVIDED
INTO |
|
|
|
|
|
SALES |
: |
N/A |
|
NET WORTH |
: |
N/A |
|
|
|
|
|
STAFF STRENGTH |
: |
N/A |
|
LITIGATION |
: |
CLEAR |
|
DEFAULTER CHECK |
: |
CLEAR |
|
FINANCIAL CONDITION |
: |
N/A |
|
PAYMENT |
: |
N/A |
|
MANAGEMENT CAPABILITY |
: |
AVERAGE |
|
|
|
|
|
COMMERCIAL RISK |
: |
LOW |
|
CURRENCY EXPOSURE |
: |
MODERATE |
|
GENERAL REPUTATION |
: |
SATISFACTORY |
|
INDUSTRY OUTLOOK |
: |
AVERAGE GROWTH |
The SC is a private limited company and is allowed to have a
minimum of one and a maximum of forty-nine shareholders. As a private limited
company, the SC must have at least two directors. A private limited company is
a separate legal entity from its shareholders. As a separate legal entity, the
SC is capable of owning assets, entering into contracts, sue or be sued by
other companies. The liabilities of the shareholders are to the extent of the
equity they have taken up and the creditors cannot claim on shareholders'
personal assets even if the SC is insolvent. The SC is governed by the
Companies Act, 1965 and the company must file its annual returns, together with
its financial statements with the Registrar of Companies.
The SC is principally engaged in the (as a / as an) trading
in food processing equipment and packaging machine.
The SC is not listed on Bursa Malaysia (Malaysia Stock
Exchange).
The major shareholder(s) of the SC are shown as follows :
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
MR. LEONG WENG KHIN + |
33, JALAN FOO NYIT TZE, FALIM, 30200 IPOH, PERAK,
MALAYSIA. |
690316-08-6201 |
100,000.00 |
25.00 |
|
MR. CHAN KOK HENG |
NO. 27 LALUAN BERCHAM SELATAN 3/3, TAMAN IPOH BOULEVARD
TIMUR, 31400 IPOH, PERAK, MALAYSIA. |
660724-08-5657 |
300,000.00 |
75.00 |
|
|
|
|
--------------- |
------ |
|
|
|
|
400,000.00 |
100.00 |
|
|
|
|
============ |
===== |
+ Also Director
DIRECTOR 1
|
Name Of Subject |
: |
CHAN KOK HENG. |
|
Address |
: |
21 SELASAR ROKAM 24, TAMAN IPOH JAYA, 31350 IPOH, PERAK,
MALAYSIA. |
|
IC / PP No |
: |
0472951 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date of Appointment |
: |
13/01/1994 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DIRECTOR 2
|
Name Of Subject |
: |
MR. LEONG WENG KHIN |
|
Address |
: |
33, JALAN FOO NYIT TZE, FALIM, 30200 IPOH, PERAK,
MALAYSIA. |
|
|
|
|
|
New IC No |
: |
690316-08-6201 |
|
Date of Birth |
: |
16/03/1969 |
|
|
|
|
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
29/02/1996 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1) |
Name of Subject |
: |
CHAN KOK HENG |
|
|
Position |
: |
MANAGING DIRECTOR |
|
|
|
|
|
|
Auditor |
: |
M F CHAI & CO |
|
Auditor' Address |
: |
81, JALAN MARKET, 30000 IPOH, PERAK, MALAYSIA. |
|
|
|
|
|
|
|
|
|
1) |
Company Secretary |
: |
MS. LAM CHUI YOKE |
|
|
|
|
|
|
|
New IC No |
: |
640219-01-5246 |
|
|
Address |
: |
12, LORONG KLEDANG UTARA 12, TAMAN KLEDANG SURIA, 31450
MENGLEMBU, PERAK, MALAYSIA. |
|
|
|
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|
|
|
|
|
|
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|
|
|
No Banker found in our databank.
ENCUMBRANCE 1
|
Date of Creation |
: |
23/03/1996 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
RM420,000.00 |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated |
||||
|
Registered and Numbered 1 In The Register of Charges |
||||
ENCUMBRANCE 2
|
Date of Creation |
: |
28/06/2010 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 01/07/2010 |
||||
|
Registered and Numbered 14 In The Register of Charges |
||||
ENCUMBRANCE 3
|
Date of Creation |
: |
10/03/2009 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 25/03/2009 |
||||
|
Registered and Numbered 13 In The Register of Charges |
||||
ENCUMBRANCE 4
|
Date of Creation |
: |
10/03/2009 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 25/03/2009 |
||||
|
Registered and Numbered 12 In The Register of Charges |
||||
ENCUMBRANCE 5
|
Date of Creation |
: |
10/03/2009 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 25/03/2009 |
||||
|
Registered and Numbered 11 In The Register of Charges |
||||
ENCUMBRANCE 6
|
Date of Creation |
: |
10/03/2009 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 25/03/2009 |
||||
|
Registered and Numbered 10 In The Register of Charges |
||||
ENCUMBRANCE 7
|
Date of Creation |
: |
10/03/2009 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 25/03/2009 |
||||
|
Registered and Numbered 9 In The Register of Charges |
||||
ENCUMBRANCE 8
|
Date of Creation |
: |
10/03/2009 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 25/03/2009 |
||||
|
Registered and Numbered 8 In The Register of Charges |
||||
ENCUMBRANCE 9
|
Date of Creation |
: |
12/01/2009 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
N/A |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 20/01/2009 |
||||
|
Registered and Numbered 7 In The Register of Charges |
||||
ENCUMBRANCE 10
|
Date of Creation |
: |
27/08/1997 |
||
|
Description Of Charge |
: |
AGREEMENT & 1ST PARTY CHARGE
|
||
|
Amount Secured |
: |
RM90,000.00 |
||
|
Description Of Property Affected |
: |
HS(D)KA 26550 PT 114387, MK HULU KINTA
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated 09/09/1997 |
||||
|
Registered and Numbered 2 In The Register of Charges |
||||
ENCUMBRANCE 11
|
Date of Creation |
: |
21/09/2000 |
||
|
Description Of Charge |
: |
N/A
|
||
|
Amount Secured |
: |
RM144,000.00 |
||
|
Description Of Property Affected |
: |
N/A
|
||
|
Name & Address Of Chargee |
: |
|
||
|
|
|
|
||
|
|
|
|
||
|
Form 40 Dated |
||||
|
Registered and Numbered 3 In The Register of Charges |
||||
* A check has been conducted in our databank againt the SC whether the subject has
been involved in any litigation. Our databank consists of 99% of the wound up
companies in Malaysia.
No legal action was found in our databank.
No winding up petition was found in our databank.
* We have checked through the SC in our defaulters' database which comprised of
debtors that have been blacklisted by our customers and debtors that have been
placed or assigned to us for collection since 1990. Information was provided by
third party where the debt amount can be disputed. Please check with creditors
for confirmation as alleged debts may have been paid since recorded or are
being disputed.
No blacklisted record & debt collection case was found in our defaulters'
databank.
|
|
|
||
|
SOURCES OF RAW MATERIALS: |
|||
|
Local |
: |
YES |
|
|
Overseas |
: |
YES |
|
|
Import Countries |
: |
CHINA,JAPAN,GERMANY |
|
|
Local |
: |
YES |
Percentage |
: |
20% |
|
Domestic Markets |
: |
MALAYSIA |
|||
|
Overseas |
: |
YES |
Percentage |
: |
80% |
|
Export Market |
: |
PAKISTAN |
|||
|
Credit Term |
: |
30 - 90 DAYS |
|||
|
|
|
|
|
|
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|
Payment Mode |
: |
CHEQUES |
|||
|
Type of Customer |
: |
FOOD MANUFACTURERS |
|||
|
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|
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|
|
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|
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|
Goods Traded |
: |
FOOD PROCESSING EQUIPMENT AND PACKAGING MACHINE
|
|
|
|
|
|
|
|
Member(s) / Affiliate(s) |
: |
MALAYSIA FOOD & BEVERAGE INDUSTRY |
|
|
|
|
|
|
|
Ownership of premises |
: |
OWNED
|
|
Total Number of Employees: |
|||||||||
|
YEAR |
2008 |
|
|||||||
|
|
|||||||||
|
GROUP |
N/A |
|
|
|
|
|
|
|
|
|
COMPANY |
20 |
|
|
|
|
|
|
|
|
|
Branch |
: |
NO
|
Other Information:
The SC is principally engaged in the (as a / as an) trading in food processing
equipment and packaging machine.
The SC sells a wide range of products which include:
* Wafer Stick Baking Machine
* Ballmill Machine
* Potato Snack Manufacturing Line
* Toasted Puff Extruder
* Others
The SC also provides assembly services for the machines.
Besides that the SC also offers food manufacturing, coding and marking
machinery.
The SC's packaging machines are especially suited to solid, granular and
powdered goods.
The SC's complete range of products includes horizontal and vertical automatic
packaging machines, using either pillow type of three-side seal flexible
packaging. Speciality machines for packaging rice and detergent are also
available.
The SC sells both automatic and semi-automatic machines.
According to the SC, it identifies and studies the customer's needs before
recommending suitable packaging methods, materials and machinery. The SC recommendations
are based on the main objective of minimizing cost and maximizing profit for
its customers
The SC also offer scheduled preventive services and fast deployment of
servicemen for repair services.
The Customers have the option of signing a maintenance contract with the SC for
schedule preventive services. Preventive services can prevent extensive damages
to the machine, which could have started with some minor malfunctions.
No projects found in our databank
Latest fresh investigations carried out on the SC indicated
that :
|
Telephone Number Provided By Client |
: |
053217968 |
|
Current Telephone Number |
: |
05-3217968 |
|
Match |
: |
YES |
|
|
|
|
|
Address Provided by Client |
: |
NO. 1, PERSIARAN PERINDUSTRIAN PENGKALAN 15, KAWASAN
PERINDUSTRIAN PENGKALAN 31500 LAHAT IPOH PERAK |
|
Current Address |
: |
NO. 1, PERSIARAN PERINDUSTRIAN PENGKALAN 15, KAWASAN
PERINDUSTRIAN PENGKALAN , 31500 LAHAT, PERAK, MALAYSIA. |
|
Match |
: |
YES |
|
|
|
|
|
Latest Financial Accounts |
: |
NO |
Other Investigations
On 25th March 2013 we conducted an interview with one of the SC's staff from
Accounts Department. She revealed some relevant information on the SC.
The SC refused to disclose its number of employees.
|
No latest financial accounts are available at the Registry
Office, thus we are not able to comment on the SC's financial performance. |
||||||
|
|
|
|
|
|
|
|
|
Overall financial condition of the SC : N/A |
||||||
|
Major Economic Indicators: |
2008 |
2009 |
2010 |
2011* |
2012** |
|
|
|
|
|
|
|
|
Population ( Million) |
27.73 |
28.13 |
28.35 |
28.70 |
29.10 |
|
Gross Domestic Products ( % ) |
4.6 |
<0.5> |
7.2 |
5.5 |
5.3 |
|
Domestic Demand ( % ) |
6.9 |
2.9 |
6.3 |
4.8 |
7.6 |
|
Private Expenditure ( % ) |
7.1 |
<2.7> |
8.1 |
7.0 |
8.7 |
|
Consumption ( % ) |
8.4 |
0.7 |
6.7 |
6.3 |
7.1 |
|
Investment ( % ) |
1.5 |
<17.2> |
17.7 |
16.2 |
15.9 |
|
Public Expenditure ( % ) |
6.5 |
5.2 |
3.8 |
7.6 |
4.7 |
|
Consumption ( % ) |
11.6 |
3.1 |
0.2 |
8.9 |
3.0 |
|
Investment ( % ) |
0.7 |
8.0 |
2.8 |
0.6 |
7.0 |
|
|
|
|
|
|
|
|
Balance of Trade ( MYR Million ) |
129,563 |
89,650 |
118,356 |
116,058 |
- |
|
Government Finance ( MYR Million ) |
<34,462> |
<28,450> |
<40,482> |
<45,511> |
<43,021> |
|
Government Finance to GDP / Fiscal Deficit ( % ) |
<4.8> |
<4.8> |
<5.6> |
<5.4> |
<4.7> |
|
Inflation ( % Change in Composite CPI) |
<3.3> |
<5.2> |
5.1 |
3.1 |
- |
|
Unemployment Rate |
3.7 |
4.5 |
3.9 |
3.3 |
- |
|
|
|
|
|
|
|
|
Net International Reserves ( MYR Billion ) |
388 |
331 |
329 |
415 |
- |
|
Average Risk-Weighted Capital Adequacy Ratio ( % ) |
1.91 |
2.87 |
2.20 |
3.50 |
- |
|
Average 3 Months of Non-performing Loans ( % ) |
13.24 |
11.08 |
15.30 |
14.80 |
- |
|
Average Base Lending Rate ( % ) |
6.72 |
5.53 |
6.30 |
6.60 |
- |
|
Business Loans Disbursed( % ) |
11.6 |
10.5 |
14.7 |
15.3 |
- |
|
Foreign Investment ( MYR Million ) |
23,261.4 |
22,156.8 |
22,517.9 |
23,546.1 |
- |
|
Consumer Loans ( % ) |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
Registration of New Companies ( No. ) |
41,599 |
41,578 |
44,148 |
- |
- |
|
Registration of New Companies ( % ) |
<4.0> |
<0.1> |
6.2 |
- |
- |
|
Liquidation of Companies ( No. ) |
27,992 |
39,075 |
25,585 |
- |
- |
|
Liquidation of Companies ( % ) |
23.7 |
39.6 |
<34.5> |
- |
- |
|
|
|
|
|
|
|
|
Registration of New Business ( No. ) |
269,866 |
312,581 |
271,414 |
- |
- |
|
Registration of New Business ( % ) |
- |
- |
- |
- |
- |
|
Business Dissolved ( No. ) |
18,885 |
19,345 |
19,738 |
- |
- |
|
Business Dissolved ( % ) |
<7.6> |
2.4 |
2.0 |
- |
- |
|
|
|
|
|
|
|
|
Sales of New Passenger Cars (' 000 Unit ) |
497.5 |
486.3 |
543.6 |
363.0 |
- |
|
Cellular Phone Subscribers ( Million ) |
25.1 |
30.1 |
32.8 |
35.3 |
- |
|
Tourist Arrival ( Million Persons ) |
21.5 |
23.6 |
24.6 |
25.3 |
- |
|
Hotel Occupancy Rate ( % ) |
68.0 |
58.0 |
63.0 |
51.3 |
- |
|
|
|
|
|
|
|
|
Credit Cards Spending ( % ) |
17.1 |
12.8 |
14.1 |
15.6 |
- |
|
Bad Cheque Offenders (No.) |
34,834 |
36,667 |
33,568 |
27,208 |
- |
|
Individual Bankruptcy ( No.) |
13,907 |
16,228 |
18,119 |
16,155 |
- |
|
Individual Bankruptcy ( % ) |
5.1 |
16.7 |
11.7 |
<10.8> |
- |
|
|
|
|
|
|
|
|
INDUSTRIES ( % of Growth ): |
2008 |
2009 |
2010 |
2011* |
2012** |
|
|
|
|
|
|
|
|
Agriculture |
3.6 |
0.4 |
2.1 |
4.7 |
4.1 |
|
Palm Oil |
7.0 |
<1.1> |
<3.4> |
7.3 |
- |
|
Rubber |
<1.1> |
<19.8> |
9.9 |
6.4 |
- |
|
Forestry & Logging |
<1.5> |
<5.9> |
<3.3> |
<4.7> |
- |
|
Fishing |
4.0 |
5.5 |
5.6 |
2.8 |
- |
|
Other Agriculture |
5.9 |
9.0 |
7.9 |
8.5 |
- |
|
Industry Non-Performing Loans ( MYR Million ) |
393.0 |
413.7 |
508.4 |
634.1 |
- |
|
% of Industry Non-Performing Loans |
<2.0> |
1.3 |
2.1 |
3.2 |
- |
|
|
|
|
|
|
|
|
Mining |
<0.8> |
<3.8> |
0.2 |
<2.4> |
2.5 |
|
Oil & Gas |
12.7 |
2.1 |
0.5 |
<1.7> |
- |
|
Other Mining |
- |
- |
- |
- |
- |
|
Industry Non-performing Loans ( MYR Million ) |
36.0 |
44.2 |
49.7 |
46.5 |
- |
|
% of Industry Non-performing Loans |
0.1 |
0.1 |
0.1 |
0.1 |
- |
|
|
|
|
|
|
|
|
Manufacturing # |
1.3 |
<9.4> |
11.4 |
5.6 |
4.5 |
|
Exported-oriented Industries |
2.7 |
<19.0> |
12.1 |
2.8 |
- |
|
Electrical & Electronics |
2.4 |
<30.3> |
28.4 |
<4.9> |
- |
|
Rubber Products |
4.2 |
<10.1> |
25.3 |
15.4 |
- |
|
Wood Products |
<6.0> |
<24.1> |
20.1 |
<7.3> |
- |
|
Textiles & Apparel |
1.9 |
<19.5> |
<0.4> |
14.8 |
- |
|
Domestic-oriented Industries |
9.9 |
<9.8> |
16.3 |
6.3 |
- |
|
Food, Beverages & Tobacco |
9.5 |
0.2 |
3.0 |
4.2 |
- |
|
Chemical & Chemical Products |
1.4 |
<7.7> |
16.2 |
5.6 |
- |
|
Plastic Products |
6.5 |
<9.1> |
2.4 |
3.8 |
- |
|
Iron & Steel |
16.8 |
<32.7> |
29.3 |
2.4 |
- |
|
Fabricated Metal Products |
14.7 |
<2.5> |
14.9 |
25.2 |
- |
|
Non-metallic Mineral |
8.3 |
<15.5> |
20.2 |
16.3 |
- |
|
Transport Equipment |
27.1 |
<13.5> |
36.5 |
<9.4> |
- |
|
Paper & Paper Products |
8.6 |
<5.0> |
18.7 |
15.6 |
- |
|
Crude Oil Refineries |
7.8 |
0.2 |
<11.4> |
9.3 |
- |
|
Industry Non-Performing Loans ( MYR Million ) |
5,729.4 |
6,007.3 |
6,217.5 |
6,537.2 |
- |
|
% of Industry Non-Performing Loans |
16.8 |
18.3 |
23.8 |
25.7 |
- |
|
|
|
|
|
|
|
|
Construction |
2.1 |
5.8 |
5.1 |
4.4 |
7.0 |
|
Industry Non-Performing Loans ( MYR Million ) |
4,149.8 |
3,241.8 |
4,038.5 |
3,856.9 |
- |
|
% of Industry Non-Performing Loans |
12.2 |
9.9 |
10.7 |
10.2 |
- |
|
|
|
|
|
|
|
|
Services |
7.3 |
2.6 |
6.5 |
6.4 |
6.5 |
|
Electric, Gas & Water |
5.0 |
0.4 |
8.5 |
5.6 |
4.8 |
|
Transport, Storage & Communication |
7.8 |
1.6 |
7.7 |
6.5 |
7.3 |
|
Wholesale, Retail, Hotel & Restaurant |
10.0 |
2.8 |
4.7 |
5.2 |
6.9 |
|
Finance, Insurance & Real Estate |
9.2 |
3.8 |
6.1 |
6.3 |
6.5 |
|
Government Services |
8.6 |
2.0 |
6.7 |
7.6 |
5.6 |
|
Other Services |
5.9 |
4.4 |
4.2 |
5.4 |
5.7 |
|
Industry Non-Performing Loans ( MYR Million ) |
8,281.4 |
6,631.3 |
7,384.6 |
6,825.2 |
- |
|
% of Industry Non-Performing Loans |
24.3 |
20.2 |
25.7 |
23.4 |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Estimate / Preliminary |
|
|
|
|
|
|
** Forecast |
|
|
|
|
|
|
# Based On Manufacturing Production Index |
|||||
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|
MSIC CODE |
|
|
281 : Manufacture of general purpose machinery |
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INDUSTRY : |
MANUFACTURING |
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OVERALL INDUSTRY OUTLOOK : Average Growth |
|
|
Incorporated in 1994, the SC is a Private Limited company,
focusing on trading in food processing equipment and packaging machine. Having
been in the industry for over a decade, the SC has achieved a certain market
share and has built up a satisfactory reputation in the market. It should
have received supports from its regular customers. Presently, issued and paid
up capital of the SC stand at MYR 200,000. |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.38 |
|
|
1 |
Rs.82.32 |
|
Euro |
1 |
Rs.69.54 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.