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Report No. : |
354347 |
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Report Date : |
18.12.2015 |
IDENTIFICATION DETAILS
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Name : |
AIR SOLUTIONS ENGINEERING COMPANY LIMITED |
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Registered Office : |
No.(216-222), Room (8-A), Bo Myat
Htun Street, Ward No(1), Pazundaung |
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Country : |
Myanmar |
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Date of Incorporation : |
01.01.2013 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of hardware, plumbing and heating equipment and supplies |
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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 |
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Business Name |
Air
Solutions Engineering Company, Limited |
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Country |
MYANMAR |
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Company Registration Number |
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Main Activity Code |
4674 |
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Main Activity Description |
Wholesale
of hardware, plumbing and heating
equipment and supplies |
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Company Status |
Active (Active) |
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Latest Turnover Figure |
- |
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Latest Shareholder Equity Figure |
- |
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Basic Information
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Business Name |
Air
Solutions Engineering Company, Limited |
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Registered Company Name |
Air
Solutions Engineering Company, Limited |
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Company Registration Number |
-- |
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Country |
MYANMAR |
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VAT Registration Number |
-- |
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VAT Registration Date |
-- |
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Date of Company Registration |
2013-01-01 |
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Date of Starting Operations |
2013-01-01 |
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Commercial Court |
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Legal Form |
Limited Liability
Company |
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Type of Ownership |
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Company Status |
Active (Active) |
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Contact Telephone Number |
+95 01 298366 |
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Address |
Country |
Telephone |
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No.(216-222), Room (8-A), Bo Myat
Htun Street, Ward No(1), Pazundaung |
MYANMAR |
+95 01 298366 |
No other addresses
for this company.
No previous
addresses for this company.
|
Activity Code |
Activity
Description |
|
4674 |
Wholesale
of hardware, plumbing and heating
equipment and supplies |
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4690 |
Non-specialized
wholesale trade |
No email for this company.
No web pages for this company.
No other information for this company
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Additional Business Information |
The company is engaged in wholesale of air conditioning equipment. |
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Additional Payment Information |
No payment history is available. |
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Additional Financial Information |
Private companies in Myanmar are not required to disclose financial statements. We have been unable to contact the representatives and request more details. |
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Comments about
your request |
We were not able
to reach the person in charge that can provide us information. |
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Line of Business |
Consumer goods
wholesale |
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Industry Division |
Wholesale trade |
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Responsible
Register |
State Register of
Myanmar |
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Sanctions List |
The company is
not listed on the World Compliance Database. |
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Owners |
The name of the
shareholders and the exact percentage were not disclosed. |
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Company's
Background |
We have been
unable to obtain the full register details. The company is listed on the
Directorate of Investment and
Company Administration of Myanmar, however there is no register number or
date associated. The subject
appears in a list of companies incorporated in 2013. |
No financial information for this company.
Current Directors
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Name |
Gender |
Address |
Position |
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U Nyi Nyi Myo |
Unknown |
Myanmar |
Director |
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U Aung Thein Win |
Unknown |
Myanmar |
Director |
No share capital information for this company
No group structure information for this company
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.65 |
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UK Pound |
1 |
Rs.99.61 |
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Euro |
1 |
Rs.72.33 |
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MMK |
1 |
Rs.0.051 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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Report Prepared by
: |
TPT |
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.