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Report No. : |
336624 |
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Report Date : |
17.08.2015 |
IDENTIFICATION DETAILS
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Name : |
KO
MAUNG MAUNG & BROTHERS LEATHER PRODUCTION COMPANY LIMITED |
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Registered Office : |
No.5 Ywar Ma Kyaung Street No 1 Quarter Hlaing Township, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
12.01.2009 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Subject is engaged in manufacture
of carpets, canvas, mats, linoleum, synthetic leather. |
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No. of Employees : |
Not Available |
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 |
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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 |
Ko Maung Maung & Brothers Leather
Production Company Limited
Comments about your request:
We were
not able to reach the person in charge that can provide us information.
We have
contacted an employee who was not authorized to disclose any kind of
information and advised to present the subject matter via e-mail.
We sent
a questionnaire to the email available requesting more information from the
company but we did not receive a reply.
Main
Address: No. 5, Ywar Ma
Kyaung Street, No. 1 Quarter
Zip
code/City: Hlaing Township,
Yangon, Myanmar
Telephone: +951 512585
Fax: +951 539674
Mobile: +951 95198450
E-mail: kmmblp@mptmail.net.mm
WIN
Worldbox No.: MM0000070342
Profile
Established: 2009
Line of
Business: Clothing/Shoes,
Textiles/flooring
Industry
Division: Manufacturing
Industry-code
(NACE): 1411 Manufacture of leather
clothes
1393
Manufacture of carpets and rugs
Banks: unknown
Employees: unknown
CNPJ: -
DIRECTORS/MANAGEMENT
Board
of Directors:
Director U Kyaw Min Oo
Professional address:
Myanmar
Id:
12/OUKAMA(NAING)000427
Director Daw Sein
Professional address:
Myanmar
Id:
12/OUKAMA(NAING)124273
Director U Aye Su
Professional address:
Myanmar
Id:
12/OUKAMA(NAING)124812
Director U Chaung Su
Professional address:
Myanmar
Id:
12/OUKAMA(NAING)124026
Director U Htein Su
Professional address:
Myanmar
Id:
12/LAMANA(NAING)111651
Director U Myaing Su
Professional address:
Myanmar
Id: 12/OUKAMA(AEI)000190
Director U We Su
Professional address:
Myanmar
Id: 12/OUKAMA(NAING)149171
Director U Hla Win
Professional address:
Myanmar
Id:
12/LAMANA(NAING)100107
Official Administration:
Director U Kyin Su
Professional address:
Myanmar
Id:
12/OUKAMA(NAING)149173
Public
information:
No
legal information is available.
State Register: 1322/2008-2009
Legal form: Limited
Liability Company
Incorporation date: 12.01.2009
Balance sheet filing date: -
Tax Contributor Number (CNPJ): -
Legal status: active
Responsible Register: State Register of
Myanmar
Entry Deleted Name
active Ko Maung
Maung & Brothers Leather Production Company Limited
Entry Deleted Legal domicile
active Hlaing
Township, Myanmar
Entry Deleted Address
Active No-11/2, Between(15thx16th) Street, Block
No(61), Pyi Lone Chan Thar Ward, ,
Chanayetharzan, Chan Aye Thar Zan Township, Mandalay, Myanmar/MM
Sanctions List
The company is not listed on the
WorldCompliance Database.
Import
and Export:
-
Payment
history:
No
payment history is available.
Owners/-s:
Class: 10-19%
Name: U Aye Su
City/Country: Myanmar/MM
Interest: 12,00% voting right,
12,00% capital interest
Class: 10-19%
Name: U Chaung Su
City/Country: Myanmar/MM
Interest: 12,00% voting right,
12,00% capital interest
Class: 10-19%
Name: U Htein Su
City/Country: Myanmar/MM
Interest: 12,00% voting right,
12,00% capital interest
Class: 10-19%
Name: U Kyin Su
City/Country: Myanmar/MM
Interest: 12,00% voting right,
12,00% capital interest
Class: 10-19%
Name: U Myaing Su
City/Country: Myanmar/MM
Interest: 12,00% voting right,
12,00% capital interest
Class: 10-19%
Name: U Hla Win
City/Country: Myanmar/MM
Interest: 12,00% voting right,
12,00% capital interest
Class: 10-19%
Name: U We Su
City/Country: Myanmar/MM
Interest: 10,66% voting right,
10,66% capital interest
Class: 0-9%
Name: U Kyaw Min Oo
City/Country: Myanmar/MM
Interest: 9,33% voting right,
9,33% capital interest
Class: 0-9%
Name: Daw Sein
City/Country: Myanmar/MM
Interest: 8,00% voting right,
8,00% capital interest
Financial
information:
Private
companies in Myanamar are not required to disclose financial statements. Upon
direct approach it was not possible to obtain further details.
Exchange
rate:
US$
1,00 =
MMK 1,227.95 - Official rate on 14.08.2015
Main Activities:
The company
is engaged in manufacture of carpets, canvas, mats, linoleum, synthetic
leather.
Operations
& branches:
At the
address, No. 5, Ywar Ma Kyaung Street, No. 1 Quarter, Hlaing Township, we find
the company's head office.
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.12 |
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UK Pound |
1 |
Rs.101.62 |
|
Euro |
1 |
Rs.72.56 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
TRU |
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 |
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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.