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Report No. : |
333990 |
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Report Date : |
14.08.2015 |
IDENTIFICATION DETAILS
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Name : |
NAN MYINT AUNG SI COMPANY LIMITED |
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Registered Office : |
No 43/45 Yaetamar Street, Bayintnaung Qtr1, 11181
Mayaungone Township, Yangon |
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Country : |
Myanmar |
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Year of Incorporation : |
30.05.2012 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
The
company is engaged in wholesale of food products. |
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No. of Employees : |
20-34 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Myanmar |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
NAN MYINT AUNG SI COMPANY LIMITED
Comments
about your request:
We
were not able to reach the person in charge that can provide us information.
We
sent a questionnaire to the email available requesting more information from
the company but we did not receive a reply.
ADDRESSES:
Main
Address: No 43/45 Yaetamar
Street, Bayintnaung qtr1
Zip
code/City: 11181 Mayaungone
Township, Yangon, Myanmar
Telephone: +95
95027069
+95 1 680103
Fax: +95 1 682275
Web
site: http://www.elephantseedyangon.com/
E-mail: hanmyintlwin@gmail.com
WIN
Worldbox No.: MM0000068306
Profile
Established: 2012
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code
(NACE): 4639 Non-specialised wholesale
of food, beverages and tobacco
4621
Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
Banks: unknown
Employees: 20-34
CNPJ: -
Board
of Directors:
Director Myint Myint Wai
Professional
address: Myanmar
Id:
12/LAMATA(NAING)006049
Chief
Executive Officer Han Lin
Lwin
Chief
Executive Officer Han
Myint Lwin
Public
information:
No
legal information is available.
State
Register: 726/2012-2013
Legal
form: Limited
Liability Company
Incorporation
date: 30.05.2012
Balance
sheet filing date: -
Tax
Contributor Number (CNPJ): -
Legal
status: active
Responsible
Register: State
Register of Myanmar
Entry Deleted Name
active Nan Myint Aung Si Company Limited
Entry Deleted Legal domicile
active Mayaungone Township, Myanmar
Entry Deleted Address
active No.D/46, Yaytamar Street, 1 Ward,
Mayaungone Township, Myanmar/MM
Sanctions
List
The
company is not listed on the WorldCompliance Database.
Import
and Export:
Export
Payment
history:
No
payment history is available.
Owners/-s:
Class: 40-49%
Type: direct
Name: Han Lin Lwin
City/Country: Myanmar/MM
Interest: 40,00% voting right, 40,00% capital
interest
Class: 30-39%
Type: direct
Name: Han Myint Lwin
City/Country: Myanmar/MM
Interest: 30,00% voting right, 30,00% capital
interest
Class: 30-39%
Type: direct
Name: Myint Myint Wai
City/Country: Myanmar/MM
Interest: 30,00% voting right, 30,00% capital
interest
Financial
information:
Private
companies in Myanmar are not required to disclose financial statements. Upon
direct approach it was not possible to obtain further details.
Exchange
rate:
US$
1,00 =
MMK 1,118.06 -
Official rate on 14.07.2015
Main
Activities:
The
company is engaged in wholesale of food products.
The
company exports onions to Asian countries.
The
company has it's own warehouse and cold storage room, two additional cold rooms
are under construction.
Main
products:
-
Corn Seed
-
Tomato seed
-
Chilli pepper
-
Beans
-
Turmeric powder
-
Onion
-
Sesami
-
Jute bags
Operations
& branches:
At
the address, No 43/45 Yaetamar Street,Bayintnaung, qtr1 Mayaungone Township,
Yangon,11181, we find the company's head office.
Staff:
20-34
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.92 |
|
UK Pound |
1 |
Rs.101.44 |
|
Euro |
1 |
Rs.72.26 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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|
-- |
NB |
New Business |
-- |
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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.