MIRA INFORM REPORT
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Report No. : |
315163 |
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Report Date : |
09.04.2015 |
IDENTIFICATION DETAILS
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Name : |
SANTA EXPRESS OILFIELD SERVICES |
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Registered Office : |
Unit 5 Bangunan MJJR Block A Lot 8981 Jalan Jaya Negara,
Kuala Belait KA1189 |
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Country : |
Brunei |
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Date of Incorporation : |
27.05.1989 |
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Legal Form : |
Sole-proprietorship |
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Line of Business : |
Professional Services |
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No. of Employee : |
32 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 – December 31, 2014
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Brunei |
B2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
BRUNEI ECONOMIC OVERVIEW
Brunei has a small well-to-do economy that depends on
revenue from natural resource extraction but encompasses a mixture of foreign
and domestic entrepreneurship, government regulation, welfare measures, and village
tradition. Crude oil and natural gas production account for 60% of GDP and more
than 90% of exports. Per capita GDP is among the highest in Asia, and
substantial income from overseas INVESTMENT
supplements
income from domestic production. For Bruneian citizens the government provides
for all medical services and free education through the university level. The
government of Brunei has been emphasizing through policy and resource
investments it strong desire to diversity its economy both within the oil and
gas sector and to new sectors.
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Source
: CIA |
REGISTERED
NAME & COMPANY SUMMARY
Company Details
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Organization Name |
: |
SANTA EXPRESS
OILFIELD SERVICES |
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Address |
: |
Unit 5 Bangunan MJJR Block A Lot 8981 Jalan Jaya Negara, Kuala Belait KA1189 |
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Country |
: |
Brunei |
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Phone (S) |
: |
[+673]-3334563 |
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Facsimile |
: |
[+673]-3335940 |
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Email |
: |
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Website |
: |
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Primary Business Activity |
: |
Service |
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Key Industry |
: |
Professional Services |
Key
Facts
|
Registered Legal Address |
: |
Unit 5 Bangunan MJJR Block A Lot 8981 Jalan Jaya Negara, Kuala Belait
KA1189 |
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Operational Address |
: |
Unit 5 Bangunan MJJR Block A Lot 8981 Jalan Jaya Negara, Kuala Belait
KA1189 |
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Issuing Authority |
: |
Registrar of Business Names - National |
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License Number |
: |
P/25,867 |
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License Status |
: |
License exists - Normal. |
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Legal Form - Category |
: |
Sole-proprietorship |
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Legal Form |
: |
Not Applicable |
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Legal Form - Abbreviation |
: |
Not Applicable |
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Operational Status of Business |
: |
Normal |
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Date of Registration |
: |
27 May, 1989 |
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Employees |
: |
32 |
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PREVIOUS BUSINESS LICENSE/S |
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Note |
: |
(1) Not applicable. |
DIRECTORS
/ MANAGEMENT
Key Person
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Legal Title |
: |
Proprietor / Owner |
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Name |
: |
Mr. Yun-Boon Wang |
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Registered Address |
: |
Lot 4117 Simpang 113 Jalan Sungai Pandan, Kuala Belait |
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Nationality |
: |
Bruneian |
COMPANY
MANAGEMENT
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Management
Listings |
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Management Details - 1 |
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NEGATIVE
INFORMATION
REPUTATION
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Due to the fact SANTA EXPRESS OILFIELD SERVICES is a
sole-proprietorship, it has not been possible to identify any form of existing
reputation within the respective industry sector. |
NEGA-SCAN
- ADVERSE DATA MONITORING
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DISHONORED CHECKS |
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No Record Found |
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DEBT |
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No Record Found |
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CIVIL LITIGATION |
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No Record Found |
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PERFORMANCE DEFAULTS |
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No Record Found |
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ADVERSE LOCAL MEDIA COVERAGE /
ADVERSE FILING HISTORY |
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No Record Found |
SHARE
& SHARE CAPITAL INFORMATION
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Capital |
: |
n/a (1) |
PAYMENT
INFORMATION
OVERSEAS CUSTOMERS
|
Business Entity Name |
Global Identifier |
Country |
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ABAN SINGAPORE PTE LTD |
P0876930 |
Singapore |
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SWIBER OFFSHORE CONSTRUCTION PTE LTD |
P0941797 |
Singapore |
DOMESTIC CUSTOMERS
|
Business Entity Name |
Global Identifier |
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BAKER HUGHES EHO LTD |
P1286573 |
GROUP
STRUCTURE & AFFILIATED COMPANIES
LOCAL BRANCHES
& MANAGEMENT
|
Branch |
: |
SANTA EXPRESS OILFIELD SERVICES - KUALA BELAIT |
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Branch Address |
: |
Jalan Kerma Negara, Kuala Belait |
FINANCIAL
INFORMATION
FINANCIAL
STATEMENT – DETAILED
|
Based on the corporate laws of Brunei, legal entities which are a
Sole-proprietorship are not required to make public disclosure of their
annual financials. Therefore no financials are available for this entity. |
FOREIGN
EXCHANGE RATES
N/a
ADDITIONAL
INFORMATION
Report Details
|
Country |
: |
Brunei |
|
Business Entity Name |
: |
SANTA EXPRESS OILFIELD SERVICES |
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Primary Business Activity |
: |
Service |
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Primary Industry |
: |
Professional Services |
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Office Contact Details |
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Operating Address |
: |
Unit 5 Bangunan MJJR Block A Lot 8981 Jalan Jaya Negara, Kuala Belait
KA1189 |
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Tel |
: |
[+673]-3334563 |
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|
: |
[+673]-3337779 |
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|
: |
[+673]-3337778 |
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Fax |
: |
[+673]-3335940 |
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Email |
: |
santaexpress@brunet.bn |
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Postal Details |
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P.O. Box |
: |
698 KA1189 |
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Website Details |
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Website |
: |
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Status |
: |
Normal - operational |
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Country of Registration |
: |
Brunei |
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Ownership Type |
: |
Registered ownership by Subject Business Entity |
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Tax / VAT Details |
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Tax Number |
: |
P/25,867 |
Primary
Products
|
Products / Materials / Services Description |
Activity |
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Cargo handling |
Service |
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Customs clearance |
Service |
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Door to door services |
Service |
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Immigration & labour handling |
Service |
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Manpower |
Service |
SIC
PRODUCT CLASSIFICATION & ACTIVITY
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Product/Service Description |
Code |
Activity |
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Arrange Trans Freight/Cargo |
4731 |
Service |
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Business Services |
7300 |
Service |
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Business Svcs, NEC |
7389 |
Service |
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Employment Agencies |
7361 |
Service |
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General Warehousing & Storage |
4225 |
Service |
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Transportation Svcs, NEC |
4789 |
Service |
HARMONIZED PRODUCT CLASSIFICATION &
ACTIVITY
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Product/Service Description |
Code |
Activity |
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Business services, health, financial/insur. legal/real estate, hotels,
and misc repairs |
9900 |
Service |
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Employment agencies |
9914 |
Service |
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Freight transportation arrangement, nvocc, customs brokerage |
9852 |
Service |
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General warehousing and storage |
9838 |
Service |
DETAILED PRODUCT CLASSIFICATION &
ACTIVITY
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Products / Materials / Services Description |
Ranking |
Activity |
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Shipping agency |
Primary |
Service |
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Transportation |
Primary |
Service |
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Warehousing |
Primary |
Service |
CORE
BUSINESS DESCRIPTION
|
Core Business |
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The primary business focus of SANTA EXPRESS OILFIELD SERVICES is Specialized
professional services, including: Cargo handling Customs clearance Door to door services Manpower Shipping agency Transportation Warehousing
Immigration & labour handling |
BANK
DETAILS
|
Bank Name |
: |
ISLAMIC BANK OF BRUNEI BHD |
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Global Identifier |
: |
P0896832 |
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Branch |
: |
Bandar Seri Begawan |
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Branch Address |
: |
Bandar Seri Begawan |
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SWIFT Code |
: |
This bank does not have a SWIFT Code |
OFFICE
& FACILITIES
|
The following information relates to the Business Entity's office as
listed above: |
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PREVIOUS
CONTACT DETAILS
|
Company Address |
: |
Unit F1/4 Wisma Tanjong Bldg Lot 80 Jalan Bunga Tanjong, Kuala Belait
KB6083 |
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Company Address |
: |
Lot 4734 Simpang 69 Jalan Maulana, Kuala Belait, Negara KA1931 |
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Telephone Number |
: |
673- -3334563 |
NOTES
& COMMENTS
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
Rs.62.33 |
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|
1 |
Rs.92.53 |
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Euro |
1 |
Rs.67.60 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
ANK |
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 |
|
<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.