MIRA INFORM REPORT
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Report Date : |
17.06.2014 |
IDENTIFICATION DETAILS
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Name : |
PLUTON LIFESCIENCES LTD |
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Registered Office : |
3Fl De Castle Diamond 158 St 315 Sangkat Boeung Kak II Khan Toul Kork, Phnom Penh 12152 |
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Country : |
Cambodia |
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Date of Incorporation : |
31.03.2010 |
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Legal Form : |
Private Company with Limited Liability |
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Line of Business : |
Trader of Medical Equipment & Pharmaceutical |
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No of Employees : |
20 |
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 : |
Slow |
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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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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate 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 |
: |
PLUTON
LIFESCIENCES LTD |
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Address |
: |
3Fl
De Castle Diamond 158 St 315 Sangkat Boeung Kak II Khan Toul Kork, Phnom Penh
12152 |
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Country |
: |
Cambodia |
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Phone
(S) |
: |
[+855]
23-5550701 |
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Email |
: |
ashutoshg2000@gmail.com |
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Website |
: |
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Primary
Business Activity |
: |
Trader |
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Key
Industry |
: |
Medical
Equipment & Pharmaceutical |
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Key Facts |
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Registered
Legal Address |
: |
3Fl
De Castle Diamond 158 St 315 Sangkat Boeung Kak II Khan Toul Kork, Phnom Penh
12152 |
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Operational
Address |
: |
3Fl
De Castle Diamond 158 St 315 Sangkat Boeung Kak II Khan Toul Kork, Phnom Penh
12152 |
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Issuing
Authority |
: |
Ministry
of Commerce - Commercial Registry - National |
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License
Number |
: |
Co.0702E/2010 |
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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 |
: |
31
Mar, 2010 |
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Employees |
: |
20 |
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Capital |
: |
US$ 4,993 |
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Report Details |
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DIRECTORS/MANAGEMENT
Key Person
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Legal Title |
: |
Chairman |
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Name |
: |
Mr. Ashutosh Garg |
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Registered Address |
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Rm 625 Hotel Sum Mit Park View 350 Ahlome Rd, Dagon, Yangon |
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Nationality |
: |
Indian |
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COMPANY DIRECTORS |
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NEGATIVE
INFORMATION
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REPUTATION |
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Reference checking for the purpose of establishing PLUTON LIFESCIENCES
LTD's reputation within the respective industry failed to reveal any adverse
information. |
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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
Na
GROUP
STRUCTURE & AFFILIATED COMPANIES
Na
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
Primary Products
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Products / Materials / Services Description |
Activity |
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Antibiotics |
Importing, Trading |
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Cosmetics |
Importing, Trading |
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Haematonics |
Importing, Trading |
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Hormones |
Importing, Trading |
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Medical devices |
Importing, Trading |
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SIC PRODUCT CLASSIFICATION & ACTIVITY
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HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
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DETAILED 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 PLUTON LIFESCIENCES LTD is Trading -
Finished products.
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Supplementary Business |
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In addition to the core business, PLUTON LIFESCIENCES LTD also is
engaged in the following areas of business:
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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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NOTES
& COMMENTS
Na
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs. 60.00 |
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1 |
Rs. 101.99 |
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Euro |
1 |
Rs. 81.25 |
INFORMATION DETAILS
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Analysis Done by
: |
RSM |
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Report Prepared
by : |
DPT |
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.