|
Report Date : |
17.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
P.T. GARUDA JAYA SUKSES |
|
|
|
|
Registered Office : |
Komplex Lodan Centre Block R 5, Jalan Lodan Raya No. 2, Kelurahan Ancol,, Kecamatan Pademangan, Jakarta Utara, 14430 |
|
|
|
|
Country : |
Indonesia |
|
|
|
|
Date of Incorporation : |
25.02.2011 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Trading,
Import and Distribution of Fresh Fruits and Foodstuff |
|
|
|
|
No of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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) |
|
Indonesia |
B1 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDONESIA - ECONOMIC OVERVIEW
Indonesia, a vast polyglot
nation, has grown strongly since 2010. During the global financial crisis,
Indonesia outperformed its regional neighbors and joined China and India as the
only G20 members posting growth. The government has promoted fiscally
conservative policies, resulting in a debt-to-GDP ratio of less than 25% and
historically low rates of inflation. Fitch and Moody's upgraded Indonesia's
credit rating to investment grade in December 2011. Indonesia still struggles
with poverty and unemployment, inadequate infrastructure, corruption, a complex
regulatory environment, and unequal resource distribution among regions. The
government also faces the challenges of quelling labor unrest and reducing fuel
subsidies in the face of high oil prices.
|
Source
: CIA |
BASIC
SEARCH
|
Name
of Company :
P.T.
GARUDA JAYA SUKSES
Address
:
Registered
Office
Komplex
Lodan Centre Block R 5
Jalan
Lodan Raya No. 2
Kelurahan
Ancol, Kecamatan Pademangan
Jakarta
Utara, 14430
Indonesia
Phones -
(62-21) Not enrolled
Fax - (62-21) Not enrolled
Building Area - 2 storey
Office Space - 110 sq. meters
Region - Commercial
Status - Rent
Date of Incorporation :
25
February 2011
Legal
Form :
P.T.
(Perseroan Terbatas) or Limited Liability Company
Company
Reg. No. :
The Ministry of Law and Human Rights
- No. AHU-14833.AH.01.01.TH.2011
Dated 23 March 2011
- No. AHU-51460.AH.01.02.TH.2012
Dated 2 October 2012
- No. AHU-AH.01.10-06262
Dated 25 February 2013
Company
Status :
National
Private Company
Permit
by the Government Department :
The Department of Finance
NPWP
No. 03.125.245.5-044.000
Related
Company :
None
CAPITAL
AND OWNERSHIP
|
Capital
Structure :
Authorized
Capital : Rp.
15,000,000,000.-
Issued
Capital :
Rp. 10,100,000,000.-
Paid
up Capital :
Rp. 10,100,000,000.-
Shareholders/Owners
:
a. Mr. Lo Robby Soesilo -
Rp. 4,040,000,000.-
Address : Jl. Kelapa Nias X PD 4/8, RT. 002 RW. 018
Kelurahan Pegangsaan Dua,
Kecamatan
Kelapa Gading, Jakarta Utara
Indonesia
b. Mr. Leo Putra Mardjuki -
Rp. 2,525,000,000.-
Address :
Green Garden Block C-1/19, RT. 002 RW. 009
Kelurahan Kedoya Utara,
Kecamatan Kebon
Jeruk, Jakarta Barat
Indonesia
c. Mr. Alvin Gunawan Susilo -
Rp. 2,020,000,000.-
Address : Jl. Parang Tritis II No. 8, RT. 002 RW.
001
Kelurahan Ancol, Kecamatan Pademangan
Jakarta Utara
Indonesia
d. Mr. Hasan Mardjuki -
Rp. 1,515,000,000.-
Address :
Taman Alfa Indah B-2/15, RT. 008 RW. 007
Kelurahan Joglo, Kecamatan Kembangan
Jakarta Barat
Indonesia
BUSINESS
ACTIVITIES
|
Lines
of Business :
Trading,
Import and Distribution of Fresh Fruits and Foodstuff
Production
Capacity :
None
Total
Investment :
None
Started
Operation :
2012
Brand
Name :
Garuda
Jaya Sukses
Technical
Assistance :
None
Number
of Employee :
None
Marketing
Area :
Local - 100%
Main
Customer :
Unknown
Market
Situation :
Unknown
Main
Competitor :
None
Business
Trend :
No
comment
BANKER,
AUDITOR & LITIGATION
|
B
a n k e r :
Unknown
Auditor
:
Internal
Auditor
Litigation
:
No
litigation record in our database
FINANCIAL
FIGURE
|
Annual
Sales (estimated) :
Unknown
Net
Profit (Loss) :
Unknown
Payment
Manner :
Unknown
Financial Comments :
Weak
KEY
EXECUTIVES
|
Board
of Management :
President Director - Mr. Alvin Gunawan Susilo
Director -
Mr. Hasan Mardjuki
Board
of Commissioner :
President Commissioner - Mr. Lo Robby Soesilo
Commissioner - Mr. Leo Putra Mardjuki
Signatories :
President
Director (Mr. Alvin Gunawan Susilo) or the Director (Mr. Hasan Mardjuki) which
must be approved by Board of Commissioner
CAPABILITIES
|
Management
Capability :
Weak
Business
Morality :
Prudent
OVERALL
PERFORMANCE
|
Based to our investigation to the above address at
Komplex Lodan Centre Block R 5, Jalan Lodan Raya No. 2, Ancol sub-district,
Pademangan district, North Jakarta, the Subject was not found. Based
information from P.T. TELKOM Jakarta explained that P.T. GARUDA JAYA SUKSES has
yet been registered on book directory of P.T. TELKOM.
P.T. GARUDA JAYA SUKSES (P.T. GJS) was established in
Jakarta based on notary deed Mr. Mutiara Hartanto, SH., no. 29 dated 25
February 2011 with the authorized capital of Rp. 600,000,000 wholly issued and
paid up. The founding and shareholders of the company originally were Mr. Andry
Gunawan Susilo and Mr. Andi Darmawan Hidayat, both of are Indonesian
businessmen of Chinese extraction. Its article of association has been changed
and in September 2012, the company authorized capital was increased to Rp.
15,000,000,000 issued capital to Rp. 10,100,000,000 entirely paid up.
On the same occasion Mr. Andry Gunawan Susilo and Mr.
Andi Darmawan Hidayat pulled out and into the company entered by Mr. Lo Robby
Soesilo (40%), Mr. Leo Putra Mardjuki (25%), Mr. Alvin Gunawan Susilo (20%) and
Mr. Hasan Mardjuki (15%). The latest according to the revision of notary deed
Mr. Drs. Arif Djohan Tunggal, SH., M.Kn., no. 08 dated 29 January 2013 the company
board of director and the board of commissioner had been changed to lead and
runs of the company’s operation. The deed of amendments was approved by the
Ministry of Law and Human Rights in its decision letter No. AHU-AH.01.10-06262
dated February 25, 2013.
P.T. GJS is a national private company plans its activity
to be engaged in the field of trading, import, supply and distribution of fresh
fruits, vegetable, fish and marine products, foodstuffs and frozen beef.
Besides, pursuant to notary documents the company dealing in the field of trade, development, industry, transportation, printing and others. In
operations of this company doing business in the field of commerce,
import-export trade, inter-island / area as well as local and inter island for
the production of its own goods and products of other companies; act as
wholesale, retailer, suppliers, supplier, franchising and commission house and
related business activities; act as a distributor, agent and representative of
the bodies of other companies both from within and outside the country; import
and export trade of fruits and fresh vegetables and so forth.
We refrain from informing business prospect of P.T. GJS
because of having yet found the complete address up to present. In view of
having yet to be unknown the complete address, the company’s financial
condition is as much as the company’s issued capital worth Rp. 10,100,000,000.
We find that the company’s financial condition still depends on the financial
condition of its shareholders being supported by the businessmen behind it.
Based to the company notary deed, the management of P.T.
GJS is led by Mr. Alvin Gunawan Susilo (33) and assisted by Mr. Hasan Mardjuki
(52) as director. The management will eventually be handled by professional
managers having wide relation with overseas and national private businessmen as
well as with the government sectors. In view of P.T. GARUDA JAYA SUKSES having
yet to be unknown the complete address, we recommend that a high degree of
prudence be observed in business transactions and adequate collateral from its
shareholders be acquired in extending a new loan to the company.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.47 |
|
|
1 |
Rs.98.23 |
|
Euro |
1 |
Rs.78.66 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
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.