MIRA INFORM REPORT

Report Date :

21.11.2014

IDENTIFICATION DETAILS

Name :	BIO TECH PHARMA (PVT) LTD

Registered Office :	# 133, Waidya Road, Dehiwela

Country :	Sri Lanka

Date of Incorporation :	09.08.2007

Com. Reg. No.:	PV 60966

Legal Form :	Private Limited Liability Company (In Operation)

Line of Business :	Import & Distributors of Pharmaceuticals

No of Employees :	Not Available

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)

Sri Lanka

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

SRI LANKA - ECONOMIC OVERVIEW

Sri Lanka continues to experience strong economic growth following the end of the 26-year conflict with the Liberation Tigers of Tamil Eelam. The government has been pursuing large-scale reconstruction and development projects in its efforts to spur growth in war-torn and disadvantaged areas, develop small and medium enterprises and increase agricultural productivity. The government's high debt payments and bloated civil service have contributed to historically high budget deficits, but fiscal consolidation efforts and strong GDP growth in recent years have helped bring down the government's fiscal deficit. However, low tax revenues are a major concern. The 2008-09 global financial crisis and recession exposed Sri Lanka's economic vulnerabilities and nearly caused a balance of payments crisis. Agriculture slowed due to a drought and weak global demand affected exports and trade. In early 2012, Sri Lanka floated the rupee, resulting in a sharp depreciation, and took steps to curb imports. A large trade deficit remains a concern, but strong remittances from Sri Lankan workers abroad help offset the trade deficit. Government debt of about 80% of GDP remains among the highest in emerging markets.

Source : CIA

GENERAL - Basic information at a glance

a.	Name of Subject of Inquiry	:	BIO TECH PHARMA (PVT) LTD
b.	Legal Form & Status	:	Private Limited Liability Company (In Operation)
c.	Managing Director	:	Don Tudor Edward Wijesinghe
d.	Primary Line of Business	:	Import & Distributors of Pharmaceuticals
e.	Head office	:	# 133, Waidya Road, Dehiwela, Sri Lanka. Tel. No: (00 94 11) Not Disclosed/Available Fax No: (00 94 11) Not Disclosed/Available
f.	No. of Employees	:	Not Disclosed

COMPANY DETAILS - Registration and Shareholder Details

a.	Registration No	:	PV 60966
	Date of Registration		09^th August 2007
c.	Registered Office	:	30 -6 / 2, Station Road Mount Lavinia .
d.	Board of Directors As at 31^st December 2013	:	Don Tudor Edward Wijesinghe	Managing Director
			W. L. Kamani Champika De Alwis (Ms)	Director
e.	Issued Share Capital	:	Rs. 2,000.00
	Number of Shares	:	200
f.	Nominal Value of Share		Not applicable vide Companies Act #7 of 2007
g.	Share Holders As at 31^st December 2013	:	Share Holders		No. of Shares
			Don Tudor Edward Wijesinghe		100
			W. Liyanage Kamani Champika De Alwis (Ms)		100
h.	Auditors	:	Abeysinghe & Company
i.	Company Secretaries	:	Prompt Management Services (Pvt) Ltd
k.	Bankers	:	Not Disclosed

FINANCIAL DETAILS - Most recent available Financial Information

THE COMPANY HAS DECLINED TO PROVIDE INFORMATION ON ITS FINANCES

Based on the corporate laws of Sri Lanka, 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

Current investigation

· History

The Subject Company BIO TECH PHARMA (PVT) LTD is a Private Limited liability Company incorporated on 09^thAugust 2007 under registration number PV 60966.

· Location.

The Subject Company client is # 133, Waidya Road, Dehiwela

The subject company has also not been listed in any of the telephone directories and as

Such no contact number is available.

· Operational Details.

General

The subject company primary line of business is Import & Distributors of Pharmaceuticals

Products

Pharmaceuticals

Country

India

Employees

Not Disclosed

Directors Details

01)

Name	Don Tudor Edward Wijesinghe
ID Number	683471267 V
Nationality	Sri Lankan
Gender	Male
Date Of Birth	12^th December 1968
Age	46 Years
Address	133, Vaidya Road Dehiwala.

02)

Name	W. Liyanage Kamani Champika De Alwis
ID Number	687470664 V
Nationality	Sri Lankan
Gender	Female
Date Of Birth	03^rd September 1968
Age	46 Years
Address	133, Vaidya Road Dehiwala.

· Trade references

The subject company did not provide any trade reference referrals

· Credit Recommendations

Since no financial information has been forthcoming from the company, it is not possible to comment on the merits or otherwise of the company.

No computerized data bases exist to make checks whether the partners or the company has any legal action or lawsuit initiated against any of them but informal (but not in-depth) checks do not indicate any such cases in the public knowledge.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.10
UK Pound	1	Rs.97.32
Euro	1	Rs.77.91

INFORMATION DETAILS

Report Prepared by :

TPT

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