MIRA INFORM REPORT

 

 

Report Date :

19.09.2013

 

IDENTIFICATION DETAILS

 

Name :

GIANT TMC (B) SDN BHD

 

 

Registered Office :

1Fl, 11 Regent Square Simpang 150, Kiulap, Bandar Seri Begawan BE1518

 

 

Country :

Brunel Darussalam

 

 

Date of Incorporation :

11.05.2005

 

 

Legal Form :

Private Company with Limited Liability

 

 

Line of Business :

Trader of Consumer Products

 

 

No. of Employees :

100

 

 

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 :

No complaints  

 

 

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)

Brunel Darussalam

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

BRUNEL DARUSSALAM - ECONOMIC OVERVIEW

 

Brunei has a small well-to-do economy that depends on revenue from natural resource extraction but encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for 60% of GDP and more than 90% of exports. Per capita GDP is among the highest in Asia, and substantial income from overseas investment supplements income from domestic production. For Bruneian citizens the government provides for all medical services and free education through the university level. The government of Brunei has been emphasizing through policy and resource investments it strong desire to diversity its economy both within the oil and gas sector and to new sectors

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

 

Organization Name

:

GIANT TMC (B) SDN BHD

Address

:

Giant Hypermarket Tasik Rimba Lot 58865 Kampong Rimba, Mukim Gadong, Bandar Seri Begawan, Negara BE3119

Country

:

Brunei

Phone (S)

:

[+673]-2460829

Facsimile

:

[+673]-2460834

Primary Business Activity

 

 

:

Trader

0Key Industry

:

Consumer Products

 

 

DIRECTORS/MANAGEMENT

 

COMPANY MANAGEMENT

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. Tony Christy

Bruneian

General Manager

-

2

Ms. Rowena Loking

Filipino

Receptionist

-

Management Details - 1

Personal Unique Identifier

:

MI03516846

Name

:

Mr. Tony Christy

 

Management Details - 2

Personal Unique Identifier

:

MI03516902

Name

:

Ms. Rowena Loking

 

 

COMPANY DIRECTORS

Not available - According to the corporate statutory laws for this type of Legal Form - Category (Private Company with Limited Liability) in Brunei, there is no public disclosure of Directors.

 

 

NEGATIVE INFORMATION

 

REPUTATION

Reference checking for the purpose of establishing the GIANT TMC (B) SDN BHD's reputation within the respective industry failed to reveal any adverse information.

 

NEGA-SCAN - ADVERSE DATA MONITORING

 

DISHONORED CHECKS

 

No Record Found

 

 

DEBT

 

No Record Found

 

 

LITIGATION

 

No Record Found

 

 

PERFORMANCE DEFAULTS

 

No Record Found

 

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

 

 

 

SHARE & SHARE CAPITAL INFORMATION

 

SHAREHOLDERS

Not available - According to the corporate statutory laws for this type of Legal Form - Category (Private Company with Limited Liability) in Brunei, there is no public disclosure of Shareholders.

 

 

PAYMENT INFORMATION

 

DOMESTIC SALES & PURCHASES

Annual Sales Analysis

Percentage

Domestic Sales

100%

 

Annual Purchases Analysis

Percentage

Local Purchases

100%

 

PAYMENT TERMS

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

RELATED PARTIES (Subsidiaries, Joint-ventures & Affiliates)

 

The following provides a summary of the number of businesses that are related to GIANT TMC (B) SDN BHD:

 

TYPE

INTERNATIONAL

Africa

Asia / Pacific

Europe

Middle-East

North America

South America

TOTAL

Subsidiaries

-

-

-

-

-

-

-

Joint-Ventures

-

-

-

-

-

-

-

Minority shareholdings

-

-

-

-

-

-

-

Affiliates

-

4

-

-

-

-

4

 

International

 

Business Entity Name

:

DAIRY FARM CO LTD , THE

Global Identifier

:

30405570

Country

:

Hong Kong

Relationship

:

Affiliate

Operational Address

:

3Fl, 5Fl & 7Fl Taikoo Place - Devon House 979 King's Rd, Quarry Bay, Hong Kong

Primary Business Activity

:

Trader

Industry

:

Consumer Products

 

Business Entity Name

:

GIANT SUPERMARKET

Global Identifier

:

P2864845

Country

:

Singapore

Relationship

:

Affiliate

Operational Address

:

Block 468B Admiralty Drive #01-29 752468

Primary Business Activity

:

Trader

Industry

:

Consumer Products

 

Business Entity Name

:

GIANT SUPERMARKET (KELANA JAYA) SDN BHD

Global Identifier

:

P2864850

Country

:

Malaysia

Relationship

:

Affiliate

Operational Address

:

Mezzanine Fl Giant Hypermarket Shah Alam Stadium Lot 2 Persiaran Sukan Seksyen 13, Darul Ehsan, Shah Alam, Selangor 40100

Primary Business Activity

:

Trader

Industry

:

Consumer Products

 

Business Entity Name

:

HERO SUPERMARKET TBK PT

Global Identifier

:

30613100

Country

:

Indonesia

Relationship

:

Affiliate

Operational Address

:

Hero Bldg Jalan Jend Gatot Subroto 177A Kav 64, Jakarta 12870

Primary Business Activity

:

Service

Industry

:

Professional Services

 

 

 

FINANCIAL INFORMATION

 

FINANCIAL STATEMENT - DETAILED

Based on the corporate laws of Brunei, 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

 

N/a

 

 

ADDITIONAL INFORMATION

 

Key Facts

Registered Legal Address

:

1Fl, 11 Regent Square Simpang 150, Kiulap, Bandar Seri Begawan BE1518

Operational Address

:

Giant Hypermarket Tasik Rimba Lot 58865 Kampong Rimba, Mukim Gadong, Bandar Seri Begawan, Negara BE3119

Issuing Authority

:

Registrar of Companies - National

License Number

:

RC00006294

License Status

:

License exists - Normal.

Legal Form - Category

:

Private Company with Limited Liability

Legal Form

:

Sendirian Berhad

Legal Form - Abbreviation

:

SDN BHD

Operational Status of Business

:

Normal

Date of Registration

:

11 May, 2005

Employees

:

100

Capital

:

n/a(1)

 

Report Details

Country

:

Brunei

Business Entity Name

:

GIANT TMC (B) SDN BHD

Primary Business Activity

:

Trader

Primary Industry

:

Consumer Products

Office Contact Details

Operating Address

:

Giant Hypermarket Tasik Rimba Lot 58865 Kampong Rimba, Mukim Gadong, Bandar Seri Begawan, Negara BE3119

Tel

:

[+673]-2460829

Fax

:

[+673]-2460834

 

Primary Products

Products / Materials / Services Description

Activity

Beverages

Trading

Clothing

Trading

Consumer products

Trading

Dairy products

Trading

Electrical goods

Trading

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Apparel/Other Textile Products

2300

Trading

Dairy Products

5143

Trading

Electrical Appliances

5064

Trading

Food and Kindred Products

2000

Trading

Footwear

5139

Trading

Housefurnishings, nspf

2392

Trading

Lighting equipment, nspf (including commercial)

3648

Trading

Malt beverages

2082

Trading

Manufactured articles, nspf

3999

Trading

Meat products and meat packing products, except poultry and small game animals

2011

Trading

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Articles of apparel & clothing accessories-knitted or crocheted

6100

Trading

Assembly and distribution services of gen commodities

9958

Service

Beverages, spirits & vinegar

2200

Trading

Dairy products

0405207000

Trading

Electrical machinery & equip. & parts; telecommunications equip., sound recorders, television recorders

8500

Trading

Electromech domestic appliances; parts

8509

Trading

Food preparations

2106

Trading

Footwear

6405

Trading

Garments nesoi, knitted or crocheted

6114

Trading

Household articles & parts thereof, of iron or steel or steel wool etc.

7323

Trading

 

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

Products / Materials / Services Description

Ranking

Activity

Electronic goods

Primary

Trading

Food products

Primary

Trading

Footwear

Primary

Trading

Household products

Primary

Trading

Lighting equipment

Primary

Trading

Meat products

Primary

Trading

Hypermarket

Secondary

Service

 

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of GIANT TMC (B) SDN BHD is Trading - Finished products.

Key products include :

·                     Clothing

·                     Beverages

·                     Consumer products

·                     Dairy products

·                     Electrical goods

·                     Electronic goods

·                     Food products

·                     Footwear

·                     Household products

·                     Lighting equipment

·                     Meat products

 

OFFICE & FACILITIES

Name

:

GIANT TMC (B) SDN BHD - MUKIM GADONG, BANDAR SERI BEGAWAN

Address

:

Giant Hypermarket Tasik Rimba Lot 58865 Kampong Rimba, Mukim Gadong, Bandar Seri Begawan, Negara BE3119

Country

:

Brunei

Status

:

Operational

 

 

NOTES & COMMENTS

 

N/a

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.14

UK Pound

1

Rs.100.48

Euro

1

Rs.84.36

 

 

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%)

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.