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Report No. : |
353656 |
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Report Date : |
11.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
TECHNOVATION ENGINEERING CO.,
LTD. |
|
|
|
|
Registered Office : |
2/12
Sukhapibal 2 Road,
Pravate, Bangkok 10250 |
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|
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Country : |
Thailand |
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Year of Establishment : |
2015 |
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Com. Reg. No.: |
0105558146108 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
The subject is
engaged in distributing and
providing installation service
of fire protection
system and equipment for
residences and industrial
factories, as well
as distributing engineering
equipment for various
industries. |
|
|
|
|
No. of Employee : |
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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|
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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 |
TECHNOVATION ENGINEERING
CO., LTD.
BUSINESS
ADDRESS : 2/12
SUKHAPIBAL 2 ROAD,
PRAVATE,
BANGKOK 10250,
THAILAND
TELEPHONE : [66] 2329-0544-5
FAX :
[66] 2329-0544
E-MAIL
ADDRESS : -
REGISTRATION
ADDRESS : SAME
AS BUSINESS ADDRESS
ESTABLISHED
: 2015
REGISTRATION
NO. : 0105558146108
TAX
ID NO. : 3037237760
CAPITAL REGISTERED : BHT. 1,000,000
CAPITAL PAID-UP : BHT.
1,000,000
SHAREHOLDER’S PROPORTION : THAI : 100%
FISCAL YEAR CLOSING DATE : -
LEGAL
STATUS : PRIVATE LIMITED
COMPANY
EXECUTIVE : MR. SATHAPAT ARAI,
THAI
MANAGING DIRECTOR
NO.
OF STAFF : 3
LINES
OF BUSINESS : FIRE PROTECTION
SYSTEM AND EQUIPMENT
DISTRIBUTOR AND
SERVICE PROVIDER
OPERATING
TREND : EARLY
STAGE
PRESENT
SITUATION : OPERATING NORMALLY
REPUTATION : -
MANAGEMENT
STANDARD : -
The
subject was established
on September 9, 2015 as
a private limited
company under the
registered name TECHNOVATION
ENGINEERING CO., LTD., by
Thai group, with the
business objective to
supply the products
and service of
fire protection system
for local market.
It currently employs
3 staff.
The
subject’s registered address
is 2/12 Sukhapibal
2 Road, Pravate,
Bangkok 10250, and
this is the
subject’s current operation
address.
|
Name |
|
Nationality |
Age |
|
|
|
|
|
|
Mr. Sathapat Arai |
|
Thai |
39 |
The above director
signs on behalf
of the subject
with company’s affixed.
Mr. Sathapat Arai is
the Managing Director.
He is Thai
nationality with the
age of 39
years old.
The subject
is engaged in
distributing and providing
installation service of
fire protection system and
equipment for residences
and industrial factories,
as well as
distributing engineering equipment
for various industries.
100% of the
products is purchased
from local suppliers.
100% of the
products is sold
and serviced locally
to manufacturers and
end-users.
The subject is
not found to
have any subsidiary
or affiliated company
here in Thailand.
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
for the past
two years.
Sales/services 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.
Bangkok
Bank Public Co.,
Ltd.
The
subject currently employs 3
staff.
The
premise is rented for
administrative office at
the heading address.
Premise is located
in commercial/residential area.
The
subject was established
in September 2015.
It is still in early stage
of its operation.
Therefore, any business
engagement should be
treated on secured
basis only.
The
capital was registered at Bht.
1,000,000 divided into 10,000
shares of Bht. 100 each
with fully paid.
[as at
September 7, 2015]
|
NAME |
HOLDING |
% |
|
|
|
|
|
Mr. Sathapat Arai Nationality: Thai Address : 99/439
Soi 25, Sukhapibal
2 Road,
Dokmai, Pravate, Bangkok
|
7,000 |
70.00 |
|
Mrs. Phensri Sairuanthong Nationality: Thai Address : 158/99
Moo 10, T. Nongprue, A.
Banglamung, Chonburi |
1,500 |
15.00 |
|
Mrs. Thanyarat Arai Nationality: Thai Address : 99/439
Soi 25, Sukhapibal
2 Road,
Dokmai, Pravate, Bangkok
|
1,500 |
15.00 |
Total Shareholders : 3
Share Structure [as
at September 7,
2015]
|
Nationality |
Shareholders |
No. of Share |
% Shares |
|
|
|
|
|
|
Thai |
3 |
10,000 |
100.00 |
|
Foreign |
- |
- |
- |
|
Total |
3 |
10,000 |
100.00 |
None
Note:
Due to the
subject was established
in 2015, financial
information has not
available.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.79 |
|
|
1 |
Rs.101.37 |
|
Euro |
1 |
Rs.73.46 |
|
THB |
1 |
Rs. 1.85 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
ASH |
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.