MIRA INFORM REPORT
|
Report No. : |
316711 |
|
Report Date : |
17.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
A B PHARMA CO LTD |
|
|
|
|
Registered Office : |
339A Hanoi St 1019 Phnom Penh Thmei, Khan Sen Sok, Phnom Penh |
|
|
|
|
Country : |
Cambodia |
|
|
|
|
Date of Incorporation : |
06.01.2009 |
|
|
|
|
Legal Form : |
Company Limited |
|
|
|
|
Line of Business : |
Importer of Medical Equipment & Pharmaceutical. |
|
|
|
|
No. of Employee : |
24 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Cambodia |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CAMBODIA ECONOMIC OVERVIEW
Since 2004, garments, construction, agriculture, and tourism
have driven Cambodia's growth. GDP climbed at least 7% per year between 2011
and 2014. The garment industry currently employs about 500,000 people and accounts
for some 70% of Cambodia's total exports. In 2005, exploitable oil deposits
were found beneath Cambodia's territorial waters, representing a potential
revenue stream for the government, if commercial extraction becomes feasible.
Mining also is attracting some investor interest and the government has touted
opportunities for mining bauxite, GOLD
,
iron and gems. The tourism industry has continued to grow rapidly with foreign
arrivals exceeding 2 million per year since 2007 and reaching over 3 million
visitors in 2012. Cambodia, nevertheless, remains one of the poorest countries
in Asia and long-term economic development remains a daunting challenge,
inhibited by endemic corruption, limited educational opportunities, high income
inequality, and poor job prospects. Approximately 4 million people live on less
than $1.25 per day, and 37% of Cambodian children under the age of 5 suffer
from chronic malnutrition. More than 50% of the population is less than 25
years old. The population lacks education and productive skills, particularly
in the impoverished countryside, which also lacks basic infrastructure. The
Cambodian Government is working with bilateral and multilateral donors,
including the Asian Development Bank, the World Bank and IMF, to address the
country's many pressing needs; more than 50% of the government budget comes
from donor assistance. A major economic challenge for Cambodia over the next
decade will be fashioning an economic environment in which the private sector
can create enough jobs to handle Cambodia's demographic imbalance. Worker
unrest over labor conditions and the minimum monthly wage will prove
challenging.
|
Source
: CIA |
REGISTERED
NAME & COMPANY SUMMARY
|
Organization Name |
: |
A B PHARMA CO
LTD |
|
Address |
: |
339A Hanoi St 1019 Phnom Penh Thmei, Khan Sen Sok, Phnom Penh |
|
Country |
: |
Cambodia |
|
Phone (S) |
: |
[+855] 23-219339 |
|
Facsimile |
: |
[+855] 23-881596 |
|
Primary Business Activity |
: |
Importer |
|
Key Industry |
: |
Medical Equipment & Pharmaceutical |
|
Registered Legal Address |
: |
339A Hanoi St 1019 Phnom Penh Thmei, Khan Sen Sok, Phnom Penh |
|
Operational Address |
: |
339A Hanoi St 1019 Phnom Penh Thmei, Khan Sen Sok, Phnom Penh |
|
Issuing Authority |
: |
Ministry of Commerce - Commercial Registry - National |
|
License Number |
: |
Co.13085/09P |
|
License Status |
: |
License exists - Normal. |
|
Legal Form - Category |
: |
Private Company with Limited Liability |
|
Legal Form |
: |
Company Limited |
|
Legal Form - Abbreviation |
: |
CO LTD |
|
Operational Status of Business |
: |
Normal |
|
Date of Registration |
: |
6 Jan, 2009 |
|
Employees |
: |
24 |
|
Capital |
: |
US$ 5,006 |
DIRECTORS/MANAGEMENT
KEY PERSON
|
Legal Title |
: |
Chairman |
|
Name |
: |
Mr. Ung Youcho |
|
Nationality |
: |
Cambodian |
|
COMPANY
DIRECTORS |
|||||||||||||||||||||
|
|||||||||||||||||||||
NEGATIVE
INFORMATION
|
REPUTATION |
|
Reference checking for the purpose of establishing A B PHARMA CO LTD's
reputation within the respective industry failed to reveal any adverse
information. |
NEGA-SCAN
- ADVERSE DATA MONITORING
|
DISHONORED CHECKS |
|
No Record Found |
|
DEBT |
|
No Record Found |
|
CIVIL LITIGATION |
|
No Record Found |
|
PERFORMANCE DEFAULTS |
|
No Record Found |
|
ADVERSE LOCAL MEDIA COVERAGE / ADVERSE
FILING HISTORY |
|
No Record Found |
SHARE
& SHARE CAPITAL INFORMATION
|
CAPITAL (Currency: KHR - Cambodia Riel) |
|||||||||
|
SHAREHOLDERS
|
Total number of shareholders |
: |
1 |
|
Total number of shares |
: |
1,000 |
|
Currency |
: |
KHR - Cambodia Riel |
|
No. |
Shareholders |
Country |
Shares |
||
|
Number |
Amount (KHR) |
% |
|||
|
1 |
Mr. Ung Youcho |
Cambodia |
1,000 |
20,000,000 |
100.00 |
|
Total |
1,000 |
20,000,000 |
100.00 |
||
PAYMENT
INFORMATION
|
DOMESTIC SALES
& PURCHASES |
|||||||
|
|||||||
|
|
|||||||
|
|
PAYMENT TERMS |
||||||||||
|
Selling |
||||||||||
|
||||||||||
|
|
||||||||||
|
Purchasing |
||||||||||
|
GROUP
STRUCTURE & AFFILIATED COMPANIES
|
LOCAL BRANCHES
& MANAGEMENT |
||||||
|
FINANCIAL
INFORMATION
FINANCIAL STATEMENT – DETAILED
Based on the corporate laws of Cambodia, legal entities which are a Private
Company with Limited Liability are not required to make public disclosure of
their annual financials. Therefore no financials are available for this entity.
FOREIGN
EXCHANGE RATES
|
Today's Exchange rate |
: |
|
ADDITIONAL
INFORMATION
|
Country |
: |
Cambodia |
|
Business Entity Name |
: |
A B PHARMA CO LTD |
|
Primary Business Activity |
: |
Importer |
|
Primary Industry |
: |
Medical Equipment & Pharmaceutical |
|
Office Contact Details |
||
|
Operating Address |
: |
339A Hanoi St 1019 Phnom Penh Thmei, Khan Sen Sok, Phnom Penh |
|
Tel |
: |
[+855] 23-219339 |
|
Mobile |
: |
[+855]-12982299 |
|
Fax |
: |
[+855] 23-881596 |
|
|
: |
[+855] 23-881796 |
Primary Products
|
Products / Materials / Services Description |
Activity |
|
Medicine products |
Importing, Trading |
|
Napkin |
Importing, Trading |
|
Pharmaceutical products |
Importing, Trading |
|
SIC PRODUCT
CLASSIFICATION & ACTIVITY |
||||||||||||
|
|
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY |
|||||||||||||||||||||
|
|
CORE BUSINESS
DESCRIPTION |
|
Core Business |
|
The primary business focus of A B PHARMA CO LTD is Importing -
Finished products. Pharmaceutical products Medicine products Napkin
Distribution |
|
|
|
Supplementary Business |
|
In addition to the core business, A B PHARMA CO LTD also is engaged in
the following areas of business: Trading Trading - Finished products |
INTERNATIONAL
TRADE
- Activity & Markets
|
Country / Region |
Estimated level of importance |
Trading Activity |
|
Asia / Pacific |
Medium |
Importing |
|
OFFICE &
FACILITIES |
|||||||||||||||
|
The following information relates to the Business Entity's office as
listed above: |
|||||||||||||||
|
NOTES
& COMMENTS
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
|
|
1 |
Rs.92.44 |
|
Euro |
1 |
Rs.66.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.