MIRA INFORM REPORT

 

 

Report No. :

355888

Report Date :

28.12.2015

 

IDENTIFICATION DETAILS

 

Name :

GRUPO SGR, S.A.

 

 

Registered Office :

Torre Dresdner Lateinamerika  Calle 50, 7th and 9th Floors  Panama City

 

 

Country :

Panama

 

 

Date of Incorporation :

04.03.2014

 

 

Legal Form :

Sociedad Anonima

 

 

Line of Business :

IBC (International Business Company)

 

 

No. of Employee :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

International Business Company

 

 

Payment Behaviour :

Unknown

 

 

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)

Panama

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

STATUTORY INFORMATION

 

Legal Name:

GRUPO SGR, S.A.

Trade Name:

GRUPO SGR 

ID:

830814-2579640                                               

Date Created:

2014

Date Incorporated:

04-03-2014

Legal Address:

Torre Dresdner Lateinamerika

Calle 50, 7th and 9th Floors

Panama City, Panama

Operative Address:

Torre Dresdner Lateinamerika

Calle 50, 7th and 9th Floors

Panama City, Panama

Telephone:

(507) 269-3555

Fax:

(507) 263-8804

Legal Form:

SOCIEDAD ANONIMA

Email:

mym@mauad.com.pa

Registered in:

Panama

Website:

www.mauad.com.pa

Contact:

MAUAD & MAUAD

Staff:

0

Activity:

IBC (International Business Company)

 

 

BANKS

Scotiabank

 

 

 

The company does not make its banking data public

 

 

History

 

 

The company was established in 2014.

 

 

 

 

PRINCIPAL ACTIVITY

 

 

GRUPO SGR SA   is an International Business Company incorporated in Panama for tax purposes.

The company uses the registrant address but does not carry any
operation in the country.

It is not registered in Panama as being a local business company.
It is not listed with the Panamanian commercial pages.

Products/Services description:

NA

Brands:

NA

Sales are:

NA

Clients:

VICENTE SCAVONE & CIA.COMERCIAL E INDUSTRIAL SA

Paraguay

 

Laboratorios Bago De Bolivia

Bolivia

 

DROGUERIA ITALQUIMICA SA

Paraguay

Suppliers:

NA

Operations area:

NA

The company imports from

India, China

The company exports to

Bolivia, Paraguay

The subject employs

The company does not have any employee in Panama

Payments:

Unknown

 

 

LOCATION

 

Headquarters :

The company does not operate in the country. It would use its
address for tax purposes.

Branches:

NA

Related Companies:

NA

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

USD 10,000.00

 

The authorized capital of the Company is ten thousand dollars,

(US & 10,000.00) legal tender UNITED STATES OF AMERICA, divided into one hundred (100) registered shares with a nominal value of ONE HUNDRED DOLLARS (US & 100.00) each.

 

Shareholders:

This is a private company. We could not confirm major Holders.

 

Management:

PRESIDENT, EYLEN MORENO RODRIGUEZ

SECRETARY, HECTOR RAMOS DE LEON

TREASURY, YVONNE DE VALDES

 

Directors

 

EYLEN MORENO RODRIGUEZ

HECTOR RAMOS DE LEON

YVONNE DE VALDES

 

Subscribers

 

HECTOR RAMOS DE LEON

EYLEN MORENO RODRIGUEZ

 

Agent:

MAUAD & MAUAD

Torre Dresdner Lateinamerika

Calle 50, 7th and 9th Floors

Panama City, Panama

 

 

FINANCIAL INFORMATION

 

 

This is a private company which does not make its financials public.

 

 

 

There are no financial for the subject

 

 

LEGAL FILINGS

 

 

There are no lega for the subject

 

 

SUMMARY

 

 

This is an International Business Company which belongs to a
company located in Panama.

It is registered in Panama for tax purposes and does not operate within the country. It is managed by a resident registration agent.

 

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

Unknown

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

NA

POSITION

Agent

COMMENTS

They refused to confirm any data on the subject due to privacy reasons.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.20

UK Pound

1

Rs.98.30

Euro

1

Rs.72.41

PAB

1

Rs.66.27

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

AMT

 

 

Report Prepared by :

ANK

 

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.