MIRA INFORM REPORT

Report Date :

31.08.2014

IDENTIFICATION DETAILS

Name :	DATAMAS MARKETING & DISTRIBUTION
Registered Office :	44 Spg 1159-28 Jalan Limau Manis Kg Pengkalan Batu, Brunei/Muara, Negara BH1123
Country :	Brunei Darussalam
Date of Incorporation :	17.08.2005
Legal Form :	Sole-proprietorship
Line of Business :	Trader of consumer products
No. of Employees	10

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 – June 1, 2014

Country Name	Previous Rating (31.03.2014)	Current Rating (01.06.2014)
Brunei	A2	B2

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

BRUNEI 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

Company name and address

Organization Name	:	DATAMAS MARKETING & DISTRIBUTION
Address	:	44 Spg 1159-28 Jalan Limau Manis Kg Pengkalan Batu, Brunei/Muara, Negara BH1123
Country	:	Brunei
Phone (S)	:	[+673]-2683099
Facsimile	:	[+673]-2683253
Email	:	liakath_ali15@hotmail.com
Primary Business Activity	:	Trader
Key Industry	:	Consumer Products

Registered Legal Address	:	28-1, 1Fl Delima Jaya Complex - Block C Jalan Muara, Brunei Darrussalam, Negara BC2313
Operational Address	:	44 Spg 1159-28 Jalan Limau Manis Kg Pengkalan Batu, Brunei/Muara, Negara BH1123
Issuing Authority	:	Registrar of Business Names
License Number	:	P/66,160/05
License Status	:	License exists - Normal.
Legal Form - Category	:	Sole-proprietorship
Legal Form	:	Not Applicable
Legal Form - Abbreviation	:	Not Applicable
Operational Status of Business	:	Normal
Date of Registration	:	17 Aug, 2005
Employees	:	10
Capital	:	n/a^(1)
Note	:	^(1) Not applicable. According to the corporate statutory laws for this type of Legal Form - Category(Sole-proprietorship) in Brunei, there is no requirement for Authorized Capital.

DIRECTORS/MANAGEMENT

Key Person

Legal Title	:	Proprietor / Owner
Name	:	Mr. Bakir Bin Haji Jaludin
Registered Address	:	25 Simpang 77 Maraburong Kupang Km 28, Keriam, Tutong TB2141
Nationality	:	Bruneian

COMPANY MANAGEMENT

Management Listings

	Name	Nationality	Job Description	Dept. / Division
1	Mr. Liakath Ali	Bruneian	Manager	-
2	Mr. Bakir Bin Haji Jaludin	Bruneian	Chairman	-

Management Details - 1

Personal Unique Identifier	:	MI03758635
Name	:	Mr. Liakath Ali
Email	:	liakath_ali15@hotmail.com
Mobile No.	:	673-8775043

Management Details - 2

Personal Unique Identifier	:	MI02151838
Name	:	Mr. Bakir Bin Haji Jaludin
Identification Number(s)
National ID No	:	00-057059
Registered address	:	25 Simpang 77 Maraburong Kupang Km 28 Keriam Tutong TB2141
Country of Residence	:	Brunei

NEGATIVE INFORMATION

REPUTATION

Due to the fact DATAMAS MARKETING & DISTRIBUTION is a sole-proprietorship, it has not been possible to identify any form of existing reputation within the respective industry sector.

NEGA-SCAN - ADVERSE DATA MONITORING

DISHONORED CHECKS

No Record Found

DEBT	No Record Found

CIVIL LITIGATION

No Record Found

PERFORMANCE DEFAULTS

No Record Found

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

No Record Found

SHARE & SHARE CAPITAL INFORMATION

N/a

PAYMENT INFORMATION

DOMESTIC SALES & PURCHASES

Annual Sales Analysis	Percentage
Domestic Sales	100%

Annual Purchases Analysis	Percentage
Local Purchases	90%
Imports	10%

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
Import	Letter of Credit (At-sight) Telegraphic Transfer (T/T) - Executed at time of transaction

GROUP STR UCTURE & AFFILIATED COMPANIES

N/a

FINANCIAL INFORMATION

FINANCIAL STATEMENT – DETAILED

Based on the corporate laws of Brunei, legal entities which are Sole-proprietorship 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

Country	:	Brunei
Business Entity Name	:	DATAMAS MARKETING & DISTRIBUTION
Primary Business Activity	:	Trader
Primary Industry	:	Consumer Products
Office Contact Details
Operating Address	:	44 Spg 1159-28 Jalan Limau Manis Kg Pengkalan Batu, Brunei/Muara, Negara BH1123
Tel	:	[+673]-2683099
Fax	:	[+673]-2683253
	:	[+673]-2455953
Email	:	liakath_ali15@hotmail.com

Primary Products

Products / Materials / Services Description	Activity
Agricultural products	Importing, Trading
Building materials	Importing, Trading
Foodstuffs	Importing, Trading
Fruits	Importing, Trading
Hardware	Importing, Trading

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Agricultural Production-Crops	0100	Importing, Trading
Book/Periodical/Newspaper	5192	Importing, Trading
Brick/Stone/Const Materials	5032	Importing, Trading
Building Materials and Garden	5200	Importing, Trading
Construction Materials, NEC	5039	Importing, Trading
Food and Kindred Products	2000	Importing, Trading
Food products, nspf	2099	Importing, Trading
Fresh Fruits & Vegetables	5148	Importing, Trading
Hardware, nspf	3429	Importing, Trading
Manufactured articles, nspf	3999	Importing, Trading

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Building materials of asbestos fibers	6812900025	Importing, Trading
Envelopes, postcards etc & boxes etc of stationery	4817	Importing, Trading
Food preparations	2106	Importing, Trading
Fruit, nuts etc prepared or preserved nesoi	2008	Importing, Trading
Hardware, fixtures, castors etc & parts, base metal	8302	Importing, Trading
Miscellaneous manufactured articles	9600	Importing, Trading
Newspapers, journals & periodicals	4902	Importing, Trading
Pharmaceutical products	3000	Importing, Trading
Vegetables nesoi prepared etc nesoi, not frozen	2005	Importing, Trading
Vegetables nesoi prepared or preserved nesoi, frozen	2004	Importing, Trading

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

Products / Materials / Services Description	Ranking	Activity
Health food supplements	Primary	Importing, Trading
Herbal products	Primary	Importing, Trading
Magazine	Primary	Importing, Trading
Newspapers	Primary	Importing, Trading
Pet food	Primary	Importing, Trading
Stationeries	Primary	Importing, Trading
Vegetables	Primary	Importing, Trading

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of DATAMAS MARKETING & DISTRIBUTION is Trading - Finished products.

Key products include :

Agricultural products

Building materials

Foodstuffs

Fruits

Hardware

Health food supplements

Herbal products

Magazine

Newspapers

Pet food

Stationeries

Vegetables

Supplementary Business

In addition to the core business, DATAMAS MARKETING & DISTRIBUTION also is engaged in the following areas of business:

Importing

Importing - Finished products

LOCAL BRANCHES & MANAGEMENT

Branch	:	DATAMAS MARKETING & DISTRIBUTION - BANDAR SERI BEGAWAN, NEGARA
Branch Address	:	Unit 17 Ground Fl Haji Awang Ibrahim Complex Lambak Kanan, Bandar Seri Begawan, Negara BB1714
Branch	:	DATAMAS MARKETING & DISTRIBUTION - BANDAR SERI BEGAWAN, NEGARA
Branch Address	:	1Fl Pehin Khatib Bldg Jalan Bengkurong, Bandar Seri Begawan, Negara BF1920

INTERNATIONAL TRADE - Activity & Markets

Country / Region	Estimated level of importance	Trading Activity
Asia / Pacific	Medium	Importing
China	Medium	Importing
Indonesia	Medium	Importing
Malaysia	Medium	Importing
Thailand	Medium	Importing

OFFICE & FACILITIES

The following information relates to the Business Entity's office as listed above:

Name	:	DATAMAS MARKETING & DISTRIBUTION - BRUNEI/MUARA, NEGARA
Primary Use	:	Office & Administration facilities
Address	:	44 Spg 1159-28 Jalan Limau Manis Kg Pengkalan Batu, Brunei/Muara, Negara BH1123
Country	:	Brunei
Status	:	Operational

APPROVED SIGNATURES

The Company Director/s listed below maintain the legal right to sign on behalf of the company:

Name

Mr. Bakir Bin Haji Jaludin

NOTES & COMMENTS

N/a

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.48
UK Pound	1	Rs.100.35
Euro	1	Rs.79.86

INFORMATION DETAILS

Analysis Done by :	SUM
Report Prepared by :	NIS

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.