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Report No. : |
336626 |
|
Report Date : |
18.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
MSS RICH CO.,
LTD. |
|
|
|
|
Registered Office : |
32/956 Moo 9, Phaholyothin Road, T. Klongnueng, A. Klongluang, Pathumthani 12120 |
|
|
|
|
Country : |
Thailand |
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|
|
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Date of Incorporation : |
19.06.2015 |
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|
|
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Com. Reg. No.: |
0135558011636 |
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|
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importer, Distributor and Exporter of Fruits and Vegetables. |
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No. of Employees : |
3 |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
-- |
NB |
New Business |
-- |
|
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Status : |
New Business |
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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) |
|
Thailand |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
THAILAND - ECONOMIC OVERVIEW
With a well-developed infrastructure, a free-enterprise
economy, and generally pro-investment policies Thailand has historically had a
strong economy due in part to competitive industrial and agriculture exports - mostly
electronics, agricultural commodities, automobiles and parts, and processed
foods. The economy experienced slow growth and declining exports in 2014, in
part due to domestic political turmoil and sluggish global demand. With full
employment, Thailand attracts an estimated 2-4 million migrant workers from
neighboring countries, and faces labor shortages. Following the May 2014 coup
d’tat, tourism decreased 6-7% but is beginning to recover. The household debt
to GDP ratio is over 80%. The Thai government in 2013 implemented a nation-wide
300 baht ($10) per day minimum wage policy and deployed new tax reforms
designed to lower rates on middle-income earners. The Thai baht has remained
stable.
|
Source
: CIA |
MSS RICH CO., LTD.
BUSINESS
ADDRESS : 32/956 MOO
9, PHAHOLYOTHIN ROAD,
T.
KLONGNUENG, A. KLONGLUANG,
PATHUMTHANI 12120,
THAILAND
TELEPHONE : [66] 081
544-1777
FAX :
[66] 2908-4191
E-MAIL
ADDRESS : -
REGISTRATION
ADDRESS : SAME
AS BUSINESS ADDRESS
ESTABLISHED
: 2015
REGISTRATION
NO. : 0135558011636
TAX
ID NO. : -
CAPITAL REGISTERED : BHT. 5,000,000
CAPITAL PAID-UP : BHT.
5,000,000
SHAREHOLDER’S PROPORTION : THAI : 100%
FISCAL YEAR CLOSING DATE : -
LEGAL
STATUS : PRIVATE LIMITED
COMPANY
EXECUTIVE : MS.
WILAIPORN
NAWAKUNKANJANAPHAT, THAI
MANAGING DIRECTOR
NO.
OF STAFF : 3
LINES
OF BUSINESS : FRUITS AND
VEGETABLES
IMPORTER, DISTRIBUTOR AND EXPORTER
OPERATING
TREND : EARLY
STAGE
The
subject was established
on June 19,
2015 as a
private limited company
under the registered name MSS RICH CO., LTD., by Thai group,
with business objective to distribute various
kinds of fruits
and vegetables for
both domestic and
international markets. It
currently employs 3 staff.
The
subject’s registered address
is 32/956 Moo
9, Phaholyothin Road,
T. Klongnueng, A.
Klongluang, Pathumthani 12120,
and this is
the subject’s current
operation address.
|
Name |
|
Nationality |
Age |
|
|
|
|
|
|
Ms. Wilaiporn Nawakunkanjanaphat |
[x] |
Thai |
36 |
|
Ms. Cherry Nawakunkanjanaphat |
|
Thai |
35 |
|
Ms. Pranee Nawakunkanjanaphat |
|
Thai |
25 |
The above director
[x] signs on
behalf of the
subject with company’s
affixed.
Ms. Wilaiporn Nawakunkanjanaphat is
the Managing Director.
She is Thai
nationality with the
age of 36
years old.
The subject
is engaged in
importing, distributing and exporting
various kinds of
fruits and vegetables,
such as chili
pepper, garlic and
others.
PURCHASE
The products are
purchased from suppliers
both domestic and
overseas in Republic
of China and
India.
SALES
The products are
sold by wholesale
to customers both
local and overseas
mainly in
Hong Kong.
Thai Chilly Peanut
Trader Co., Ltd.
Business Type :
Distributor of agricultural
products
Bankruptcy and Receivership
There are no litigation on
bankruptcy and receivership
cases filed against
the subject found
at Legal Execution
Department for the
past five years.
Others
There are no
legal suits filed
against the subject
according for the
past two years.
Sales are by
cash or on
the credits term
of 30-60 days.
Local bills are
paid by cash
or on the
credits term of
30-60 days.
Imports are by
T/T.
Exports are against
T/T.
The
banker’s name was not disclosed.
The
subject currently employs
3 staff.
The
premise is owned for
administrative office at
the heading address.
Premise is located
in provincial, on
the outskirts of
Bangkok.
The
subject was established
in June 2015.
Its operation is
still in early
stage, therefore any
business engagement should
be on secured
basis only.
The
capital was registered at Bht.
5,000,000 divided into 10,000 shares of
Bht. 500 each with
fully paid.
[As
at May 19, 2015]
|
NAME |
HOLDING |
% |
|
|
|
|
|
Ms. Wilaiporn
Nawakunkanjanaphat Nationality: Thai Address : 59
Puthacharoen Road, T.
Mukdaharn, A. Muang,
Mukdaharn |
5,000 |
50.00 |
|
Ms. Cherry Nawakunkanjanaphat Nationality: Thai Address : 32/141
Chayangkul Road, T.
Mukdaharn, A. Muang,
Mukdaharn |
2,500 |
25.00 |
|
Ms. Pranee Nawakunkanjanaphat Nationality: Thai Address : 32
Soi Narkniwas 24,
Ladprao, Bangkok |
2,500 |
25.00 |
Total Shareholders : 3
Share Structure [as
at May 19, 2015]
|
Nationality |
Shareholders |
No. of Share |
% Shares |
|
|
|
|
|
|
Thai |
3 |
10,000 |
100.00 |
|
Foreign |
- |
- |
- |
|
Total |
3 |
10,000 |
100.00 |
None
Due to the
subject was established
in June 2015,
therefore financial information
has not yet
available.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.22 |
|
|
1 |
Rs.102.23 |
|
Euro |
1 |
Rs.72.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.