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Report Date : |
03.12.2014 |
IDENTIFICATION DETAILS
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Name : |
GREEN FIELD INTERNATIONAL CO LTD |
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Registered Office : |
Bldg No.53, Room No.9,Nilar 2nd St,Highway Bus Terminal Compound, Sawbwagyi Gone, Insein, Sawbwagyigone, Zip code Insein Tsp, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
11.12.1995 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
· Engaged in Manufacturing Prepared Pet Foods · Engaged in Manufacturing Prepared Feeds for Farm Animals · Engaged as Support Activities for Animal Production · engaged in farming of animals. |
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No of Employees : |
150 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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) |
|
Myanmar |
B2 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Comments about
your request:
According to your order the name provided is Green Field
Internation Co Ltd but the company name according to the register is Green Field International Co.,
Ltd.
Green
Field International Co Ltd
Main
Address: Bldg
No.53, Room No.9,Nilar 2nd St,Highway Bus Terminal Compound, Sawbwagyi Gone,
Insein, Sawbwagyigone
Zip
code/City: Insein
Tsp, Yangon, Myanmar
Telephone: +95 1-640864
+95
1-47058
Fax: +95
1-642817
+95
1 643648
E-mail: drhht.gfi@gmail.com
Established: 1995
Line
of Business: Food,
Agriculture and forestry
Industry
Division: Manufacturing
Industry-code
(NACE): 1092 Manufacture of
prepared pet foods
1091
Manufacture of prepared feeds for farm animals
0162
Support activities for animal production
Banks: Unknown.
Employees: 150
Official
Administration:
Director U Ye Aung
Tun
Director Daw Khaing
Mya Oo
Director U Ye Naing
Tun
Director Dr Hla-Hla
Thein
Director Daw Thein
Thein Aung
Director Daw Wai
Wai Than
Director Daw Wai
Wai Thein
Management
The members of management in this report are according the official registry of Myanmar. We were not able to verify with the company if there was any recent update.
Public
information:
No
legal information is available.
State
Register: 594/95-96
Legal
form: Company
limited by shares
Incorporation
date: 11.12.1995
Balance
sheet filing date: -
Tax
Contributor Number (CNPJ): -
Legal
status: active
Responsible
Register: State Register
of Myanmar
Entry Deleted Name
active Green
Field International Co., Ltd.
Entry Deleted Address
active Bldg
No.53, Room No.9,Nilar 2nd St,Highway Bus Terminal Compound ,Sawbwagyi Gone,
Insein, Yangon, Myanmar/MM
Sanctions
List
The
company is not listed on the World Compliance Database.
Import
and Export:
Import,
Export
Payment
history:
No
payment history is available.
Owners/-s:
The
name of the shareholders and the exact percentage were not disclosed.
As
far as we could gather the members of management are also the shareholders but
we were not able to verify with the official sources or with the company.
Financial
information:
Private
companies in Myanmar are not required to disclose financial statements.
Exchange rate:
US$ 1,00
= MMK 1,014.88 -
Official rate on 02.12.2014
Main Activities:
The
company is engaged in manufacturing of animal food and also engaged in farming
of animals.
Operations and
Branches:
At
the address, Bldg No.53, Room No.9, Nilar 2nd St, Highway Bus Terminal
Compound, Sawbwagyi Gone, Insein, Yangon, Myanmar, we find office of the
company.
Staff:
150
We have contacted an employee who was not authorized to disclose any kind of information and advised to present the subject matter via e-mail.
We sent a questionnaire to the email available requesting more information from the company but we did not received a reply.
Due to the limited financial information we recommend caution. It is accepted practice to seek (bank) guarantees when dealing with companies in Myanmar.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.93 |
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UK Pound |
1 |
Rs.97.39 |
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Euro |
1 |
Rs.77.21 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.