MIRA INFORM REPORT

Report Date :

05.09.2014

IDENTIFICATION DETAILS

Name :	I & R CO., LTD.
Registered Office :	No.144/156(7th), Shwebontha St, Pabedan, Yangon
Country :	Myanmar
Date of Incorporation :	15.11.1994
Legal Form :	Limited Liability Company
Line of Business :	Subject is engaged in General Wholesale Trading.
No of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

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 01, 2014

Country Name	Previous Rating (31.03.2014)	Current Rating (01.06.2014)
Myanmar	B2	B1

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

REGISTERED NAME & COMPANY SUMMARY

I & R CO., LTD.

ADDRESSES

Main Address: No.144/156(7th), Shwebontha St, Pabedan

Zip code/City: Yangon, Myanmar

WIN Worldbox No.: MM0000055049

Profile

Established: 1994

Line of Business: Consumer goods wholesale

Industry Division: Wholesale trade

Industry-code (NACE): 4690 Non-specialized wholesale trade

Banks: Unknown.

Employees: Unknown

CNPJ: -

DIRECTORS/MANAGEMENT

Official Administration:

Director U Dawood Bye

Director U Ebrahim

Director U Hashim

Director U Ismail

Director U Soe Kyi

NEGATIVE INFORMATION

Public information:

-

SHARE & SHARE CAPITAL INFORMATION

State Register: 876/94-95

Legal form: Limited Liability Company

Incorporation date: 15.11.1994

Balance sheet filing date: -

Tax Contributor Number (CNPJ): -

Legal status: active

Responsible Register: Registry of Myanmar

Entry Deleted Name

active I & R Co.,Ltd.

Entry Deleted Legal domicile

active Yangon, Myanmar

Entry Deleted Address

active No.144/156(7th), Shwebontha St, Pabedan, Yangon, Myanmar/MM

Sanctions List

The company is not listed on the World Compliance Database.

PAYMENT INFORMATION

Import and Export:

Import

Payment history:

No payment history is available.

Owners/-s:

Class: unknown

Type: direct

Name: U Dawood Bye

City/Country: Myanmar/MM

Class: unknown

Type: direct

Name: U Ebrahim

City/Country: Myanmar/MM

Class: unknown

Type: direct

Name: U Hashim

City/Country: Myanmar/MM

Class: unknown

Type: direct

Name: U Ismail

City/Country: Myanmar/MM

Class: unknown

Type: direct

Name: U Soe Kyi

City/Country: Myanmar/MM

The exact shareholding percentage was not disclosed.

FINANCIAL INFORMATION

Financial information:

Private companies in Myanmar are not required to disclose financial statements.

FOREIGN EXCHANGE RATES

Exchange rate:

US$ 1,00 = MMK 954.394

ADDITIONAL INFORMATION

Main Activities:

The company is engaged in general wholesale trading.

Operations & branches:

At the address, No.144/156(7th), Shwebontha St, Pabedan, Yangon, we find the company's head office.

NOTES & COMMENTS

We could not find a phone number or email address for the company.

As we have no way of contacting the company, the details from this report come from official sources and various databases we can consult.

Due to insufficient payment history & financial information being available we suggest any credit extended to the company be on secured terms with necessary guarantees.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.45
UK Pound	1	Rs.99.45
Euro	1	Rs.79.46

INFORMATION DETAILS

Analysis Done by :	SUB
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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.