|
Report Date : |
29.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
SOGAPRESSE SA |
|
|
|
|
Registered Office : |
Avenue Léon Mba, Quartier Sobraga, BP 121 Libreville |
|
|
|
|
Country : |
Gabon |
|
|
|
|
Date of Incorporation : |
1987 |
|
|
|
|
Legal Form : |
-- |
|
|
|
|
Line of Business : |
Subject engaged in publishing of books and periodicals and the distribution of books, periodicals and stationery. |
|
|
|
|
No. of Employees : |
33 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Gabon |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GABON - ECONOMIC OVERVIEW
Gabon enjoys a per capita income four times that of most
sub-Saharan African nations, but because of high income inequality, a large
proportion of the population remains poor. Gabon depended on timber and
manganese until oil was discovered offshore in the early 1970s. The economy was
reliant on oil for about 50% of its GDP, about 70% of revenues, and 87% of
goods exports for 2010, although some fields have passed their peak production.
A rebound of oil prices from 1999 to 2008 helped growth, but declining
production has hampered Gabon from fully realizing potential gains. Gabon
signed a 14-month Stand-By Arrangement with the IMF in May 2007, and later that
year issued a $1 billion sovereign bond to buy back a sizable portion of its
Paris Club debt. Gabon continues to face fluctuating prices for its oil,
timber, and manganese exports. Despite the abundance of natural wealth, poor
fiscal management has stifled the economy. However, President BONGO ONDIMBA has
made efforts to increase transparency and is taking steps to make Gabon a more
attractive investment destination to diversify the economy. BONGO ONDIMBA has
attempted to boost growth by increasing government investment in human
resources and infrastructure. GDP grew more than 6% per year over the 2010-12
period.
Source
: CIA
Sogapresse SA
ADDRESSES:
Main Address: Avenue Léon Mba,
Quartier Sobraga, BP 121
Zip code/City: Libreville, Gabon
Telephone: +241 01 73 31
31
+241 01 73 31 08
Fax: +241 01 73 43 74
E-mail: direction@sogapresse.com
WIN Worldbox No.: GA0000020035
Profile
Established: 1987
Line of Business: Printing,
Paper/cardboard
Industry Division: Manufacturing
Industry-code (NACE): 1813 Pre-press and pre-media
services
1723 Manufacture of
paper stationery
Banks: Not
disclosed
Employees: 33
CNPJ: -
Board of Directors:
General Director Holl Bertrand
General Director Lidia Mbourou Kounda
Public information:
-
Import and Export:
Import
Payment history:
No complaints on record.
Owners/-s:
Class: 100%
Name: Presstalis SAS
City/Country: PARIS, France/FR
Interest: 100.00%
voting right, 100.00% capital interest
FOREIGN EXCHANGE RATES
Exchange rate:
US$ 1,00 = XAF
507,240 - Official rate on 27.05.2013
Main Activities:
Sogapresse SA is engaged in publishing of books and
periodicals and the distribution of books, periodicals and stationery.
The company has a catalogue of some 1.500 titles.
The company is not registered with the Chamber of Commerce of
Gabon.
The capital amounts to 20'000'000 XAF.
Operations & branches:
At the address, Avenue Léon Mba, Quartier Sobraga, BP 121,
Libreville we find the companies head office.
Staff:
33
When contacting the company, they declined to provide any
information by phone. As per their request we have sent an email requesting
further details. So far we did not receive a response. Should we receive more
information in the coming few days, then we will send you an update.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.74 |
|
|
1 |
Rs.84.17 |
|
Euro |
1 |
Rs.72.02 |
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.