MIRA INFORM REPORT
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Report Date : |
05.06.2014 |
IDENTIFICATION DETAILS
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Name : |
CROWN BEVERAGE CANS SIHANOUKVILLE LTD |
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Registered Office : |
National Rd 4 Village 1 Sangkat 1 Sihanoukville Preah Sihanouk, Phnom Penh |
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Country : |
Cambodia |
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Date of Incorporation : |
30.07.2012 |
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Legal Form : |
Private Company with Limited Liability |
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Line of Business : |
Manufacturer of Metals & Metal Products |
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No. of Employees : |
45 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 – March 31, 2014
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Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
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Cambodia |
B2 |
B2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
CAMBODIA - ECONOMIC OVERVIEW
Since 2004, garments,
construction, agriculture, and tourism have driven Cambodia's growth. GDP
climbed more than 7% per year between 2010 and 2013. The garment industry currently
employs more about 400,000 people and accounts for about 70% of Cambodia's
total exports. In 2005, exploitable oil deposits were found beneath Cambodia's
territorial waters, representing a potential revenue stream for the government,
if commercial extraction becomes feasible. Mining also is attracting some
investor interest and the government has touted opportunities for mining
bauxite, gold, iron and gems. The tourism industry has continued to grow
rapidly with foreign arrivals exceeding 2 million per year since 2007 and
reaching over 3 million visitors in 2012. Cambodia, nevertheless, remains one
of the poorest countries in Asia and long-term economic development remains a
daunting challenge, inhibited by endemic corruption, limited educational opportunities,
high income inequality, and poor job prospects. Approximately 4 million people
live on less than $1.25 per day, and 37% of Cambodian children under the age of
5 suffer from chronic malnutrition. More than 50% of the population is less
than 25 years old. The population lacks education and productive skills,
particularly in the impoverished countryside, which also lacks basic
infrastructure. The Cambodian Government is working with bilateral and
multilateral donors, including the Asian Development Bank, the World Bank and
IMF, to address the country's many pressing needs; more than 50% of the
government budget comes from donor assistance. The major economic challenge for
Cambodia over the next decade will be fashioning an economic environment in which
the private sector can create enough jobs to handle Cambodia's demographic
imbalance.
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Source
: CIA |
REGISTERED
NAME & COMPANY SUMMARY
Company Details
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Organization Name |
: |
CROWN BEVERAGE CANS SIHANOUKVILLE LTD |
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Address |
: |
National Rd 4 Village 1 Sangkat 1 Sihanoukville
Preah Sihanouk, Phnom Penh |
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Country |
: |
Cambodia |
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Phone (S) |
: |
[+855] 34-900119 |
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Facsimile |
: |
[+855] 34-900120 |
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Primary Business Activity |
: |
Manufacturer |
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Key Industry |
: |
Metals & Metal Products |
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Key Facts |
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Registered Legal Address |
: |
National Rd 4 Village 1 Sangkat 1 Sihanoukville
Preah Sihanouk, Phnom Penh |
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Operational Address |
: |
National Rd 4 Village 1 Sangkat 1 Sihanoukville Preah Sihanouk, Phnom
Penh |
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Issuing Authority |
: |
Ministry of Commerce - Commercial Registry - National |
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License Number |
: |
Inv.1937E/2012 |
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License Status |
: |
License exists - Normal. |
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Legal Form - Category |
: |
Private Company with Limited Liability |
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Legal Form |
: |
Limited |
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Legal Form - Abbreviation |
: |
LTD |
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Operational Status of Business |
: |
Normal |
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Date of Registration |
: |
30 Jul, 2012 |
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Employees |
: |
45 |
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Capital |
: |
US$ 5,019,677 |
DIRECTORS/MANAGEMENT
Key Person
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Legal Title |
: |
Chairman |
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Name |
: |
Mr. Jozef Salaerts |
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Nationality |
: |
Belgian |
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COMPANY
DIRECTORS |
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NEGATIVE
INFORMATION
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REPUTATION |
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Due to the recent incorporation of the CROWN BEVERAGE CANS SIHANOUKVILLE
LTD, and the relatively small nature of its business, no meaningful points of
reference in terms of reputation within the respective industry was possible.
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NEGA-SCAN - ADVERSE DATA MONITORING |
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SHARE & SHARE CAPITAL INFORMATION
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CAPITAL (Currency: KHR - Cambodia Riel) |
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SHAREHOLDERS |
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PAYMENT
INFORMATION
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DOMESTIC SALES & PURCHASES |
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PAYMENT TERMS |
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Selling |
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Purchasing |
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GROUP
STRUCTURE & AFFILIATED COMPANIES
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DIRECT / INDIRECT CORPORATE PARENT DETAILS |
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FINANCIAL
INFORMATION
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FINANCIAL STATEMENT - DETAILED |
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Based on the corporate laws of Cambodia, 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
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Today's Exchange rate |
: |
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ADDITIONAL
INFORMATION
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Report Details |
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Primary Products
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Products / Materials / Services Description |
Activity |
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Aluminum cans |
Manufacturing, Exporting |
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Beer cans |
Manufacturing, Exporting |
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Beverage cans |
Manufacturing, Exporting |
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SIC PRODUCT
CLASSIFICATION & ACTIVITY |
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HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY |
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CORE BUSINESS
DESCRIPTION |
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Core Business |
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The primary business focus of CROWN BEVERAGE CANS SIHANOUKVILLE LTD is
Manufacturing - Finished products. Aluminum cans Beer cans Beverage cans
Manufacturing - Materials Distribution |
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Supplementary Business |
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In addition to the core business, CROWN BEVERAGE CANS SIHANOUKVILLE
LTD also is engaged in the following areas of business: Exporting Exporting - Finished products Importing Importing - Raw materials |
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INTERNATIONAL
TRADE - Activity & Markets |
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OFFICE &
FACILITIES |
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The following information relates to the Business Entity's office as
listed above: |
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I require an up-dated report on this company. |
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NOTES
& COMMENTS
N/a
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.59.34 |
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1 |
Rs.99.18 |
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Euro |
1 |
Rs.80.76 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
NNA |
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.