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Report Date : |
09.05.2014 |
IDENTIFICATION DETAILS
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Name : |
CH CHABAPORN TRADING LIMITED PARTNERSHIP |
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Registered Office : |
18 Moo 3, Wongwanrobnok-Kanjanapisek Road, T. Klongpraudom, A. Ladlumkaew, Pathumthani 12140, |
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Country : |
Thailand |
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Date of Incorporation : |
01.04.2008 |
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Com. Reg. No.: |
0123551002427 |
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Legal Form : |
Limited Partnership |
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Line of Business : |
Wholesaler and distributor of live
animal. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not recommended |
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Status : |
Stopped Commercial Activities |
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Payment Behaviour : |
-- |
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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
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
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Thailand |
B1 |
B1 |
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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 |
THAILAND ECONOMIC OVERVIEW
With a well-developed infrastructure, a free-enterprise economy, generally pro-investment policies, and strong export industries, Thailand achieved steady growth due largely to industrial and agriculture exports - mostly electronics, agricultural commodities, automobiles and parts, and processed foods. Unemployment, at less than 1% of the labor force, stands as one of the lowest levels in the world, which puts upward pressure on wages in some industries. Thailand also attracts nearly 2.5 million migrant workers from neighboring countries. The Thai government in 2013 implemented a nation-wide 300 baht ($10) per day minimum wage policy and deployed new tax reforms designed to lower rates on middle-income earners. The Thai economy has weathered internal and external economic shocks in recent years. The global economic recession severely cut Thailand's exports, with most sectors experiencing double-digit drops. In late 2011 Thailand's recovery was interrupted by historic flooding in the industrial areas in Bangkok and its five surrounding provinces, crippling the manufacturing sector. The government approved flood mitigation projects worth $11.7 billion, which were started in 2012, to prevent similar economic damage, and an additional $75 billion for infrastructure over the following seven years. This was expected to lead to an economic upsurge but growth has remained slow, in part due to ongoing political unrest and resulting uncertainties. Spending on infrastructure will require re-approval once a new government is seated
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Source
: CIA |
CH CHABAPORN TRADING LIMITED PARTNERSHIP
REGISTERED
ADDRESS : 18
MOO 3, WONGWANROBNOK-KANJANAPISEK
ROAD, T. KLONGPRAUDOM, A. LADLUMKAEW,
PATHUMTHANI 12140,
THAILAND
ESTABLISHED
: 2008
REGISTRATION
NO. : 0123551002427
CAPITAL REGISTERED : BHT. 1,000,000
CAPITAL PAID-UP : BHT.
1,000,000
SHAREHOLDER’S PROPORTION : THAI : 100%
FISCAL YEAR CLOSING DATE : -
LEGAL
STATUS : LIMITED PARTNERSHIP
LINES
OF BUSINESS : LIVE
ANIMAL WHOLESALE DISTRIBUTOR
OPERATING
TREND : -
PRESENT
SITUATION : -
REPUTATION : -
MANAGEMENT
STANDARD : -
HISTORY
The
subject was established
on April 1,
2008, as a
limited partnership under
the registered name
CH. CHABAPORN TRADING
LIMITED PARTNERSHIP., by
Ms. Chabaporn Sumanus, who is
the Managing Partner.
She also bears
full financial responsibility by law. The subject declares to
Commercial Registration Department
to be a
wholesale distributor live
animal. However, the
subject does not
exist anymore.
Since
June 19, 2013, its registered name
has been withdrawn
by the Commercial
Registration Department according
to the Section 1273/3 of
the Civil and
Commercial Code, due
to its financial
statement has never been
submitted.
The
registered address was located
at 18 Moo
3,
Wongwanrobnok-Kanchanapisek Road, T. Klongpraudom, A. Ladlumkaew, Pathumthani
12140.
AUTHORIZED PERSON
Ms. Chabaporn Sumanus signs
on behalf of
the subject with
seal affixed.
COMMENT
The
subject has been
stopped its commercial
business activities since
2010, any credit
amount is not
recommended.
The
capital was registered at
Bht. 1,000,000 which was
carried by 2
persons as followed:
Name Age Amount
Ms. Chabaporn Sumanus 35 Bht.
500,000 [unlimited partner]
Address
: 64 Moo
11, T. Yokkrabat, A. Panpaew,
Samutsakorn 74120.
Mrs. Pattana
Chantarajuti 60 Bht.
500,000
Address
: 41 Moo
1, T. Lammai, A. Muang,
Yala 95160.
Note
Financial statement has
never been submitted
to Commercial Registration
Department since establishment in 2008.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.59.99 |
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|
1 |
Rs.101.75 |
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Euro |
1 |
Rs.83.48 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
NIS |
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 |
-- |
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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.