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Report No. : |
304894 |
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Report Date : |
30.01.2015 |
IDENTIFICATION DETAILS
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Name : |
SHIV TRADING COMPANY |
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Registered Office : |
Simpang 1411-43-71, 5, Lot 39599 Kampong Tanjong Bunut Mukim
Kilanas, Bandar Seri Begawan,
Brunei-Muara BF2920 |
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Country : |
Brunei |
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Date of Incorporation : |
23.05.2005 |
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Legal Form : |
Not Available |
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Line of Business : |
Importer of Food Products. |
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No. of Employee : |
10 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
No Complaints |
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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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Brunei |
B2 |
B2 |
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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 |
BRUNEI - ECONOMIC OVERVIEW
Brunei has a small well-to-do
economy that depends on revenue from natural resource extraction but
encompasses a mixture of foreign and domestic entrepreneurship, government regulation,
welfare measures, and village tradition. Crude oil and natural gas production
account for 60% of GDP and more than 90% of exports. Per capita GDP is among
the highest in Asia, and substantial income from overseas investment
supplements income from domestic production. For Bruneian citizens the
government provides for all medical services and free education through the
university level. The government of Brunei has been emphasizing through policy
and resource investments it strong desire to diversity its economy both within
the oil and gas sector and to new sectors.
|
Source
: CIA |
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Company Details |
||
|
Organization Name |
: |
SHIV TRADING COMPANY |
|
Address |
: |
Simpang 1411-43-71, 5, Lot 39599 Kampong Tanjong Bunut Mukim Kilanas, Bandar Seri Begawan, Brunei-Muara BF2920 |
|
Country |
: |
Brunei |
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Phone (S) |
: |
[+673]-2662236 |
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Facsimile |
: |
[+673]-2662036 |
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Email |
: |
shiv_trading@hotmail.com |
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Website |
: |
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Primary Business Activity |
: |
Importer |
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Key Industry |
: |
Food Products |
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Key Facts |
||
|
Registered Legal Address |
: |
Simpang 1411-43-71, 5, Lot 39599 Kampong Tanjong Bunut Mukim Kilanas,
Bandar Seri Begawan, Brunei-Muara BF2920 |
|
Operational Address |
: |
Simpang 1411-43-71, 5, Lot 39599 Kampong Tanjong Bunut Mukim Kilanas,
Bandar Seri Begawan, Brunei-Muara BF2920 |
|
Issuing Authority |
: |
Registrar of Business Names - National |
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License Number |
: |
P/65,309/05 |
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License Status |
: |
License exists - Normal. |
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Legal Form - Category |
: |
Partnership - General |
|
Legal Form |
: |
Not Applicable |
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Legal Form - Abbreviation |
: |
Not Applicable |
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Operational Status of Business |
: |
Normal |
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Date of Registration |
: |
23 May, 2005 |
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Employees |
: |
10 |
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COMPANY MANAGEMENT |
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Management Listings |
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Management Details - 1 |
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Management Details - 2 |
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Management Details - 3 |
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Management Details - 4 |
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COMPANY DIRECTORS |
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Not applicable - According to the corporate statutory laws for this type
of Legal Form - Category (Partnership - General) in Brunei, there is no
requirement for Directors. |
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REPUTATION |
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Reference checking for the purpose of establishing SHIV TRADING
COMPANY's reputation within the respective industry failed to reveal any
adverse information. |
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NEGA-SCAN - ADVERSE DATA MONITORING |
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DISHONORED CHECKS |
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No Record Found |
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DEBT |
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No Record Found |
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CIVIL LITIGATION |
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No Record Found |
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PERFORMANCE DEFAULTS |
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No Record Found |
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ADVERSE LOCAL MEDIA COVERAGE /
ADVERSE FILING HISTORY |
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No Record Found |
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Capital |
: |
n/a(1) |
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SHAREHOLDERS |
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Total number of shareholders |
: |
n/a |
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Total number of shares |
: |
n/a |
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No. |
Shareholders |
Country |
Shares |
||
|
Number |
Amount |
% |
|||
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1 |
Mr. Chandrasen Satramdas Punjabi |
Brunei |
n/a |
n/a |
n/a |
|
2 |
Mr. Gobind Jamnu Punjabi |
Brunei |
n/a |
n/a |
n/a |
|
3 |
Mr. Manish Punjabi |
Brunei |
n/a |
n/a |
n/a |
|
Total |
n/a |
n/a |
n/a |
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Note:
Due to the fact the Subject Business Entity is a
"Partnership", Shareholding Percentages and Number of Shares are Not
Applicable.
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DOMESTIC SALES & PURCHASES |
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PAYMENT TERMS |
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Selling |
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Purchasing |
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IMPORT AGENCY LISTING |
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INTERNATIONAL TRADE - Activity & Markets |
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Country / Region |
Estimated level of importance |
Trading Activity |
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Asia / Pacific |
Medium |
Importing |
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Middle-East |
Medium |
Importing |
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North America |
Medium |
Importing |
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China |
Medium |
Importing |
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India |
Medium |
Importing |
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Indonesia |
Medium |
Importing |
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Malaysia |
Medium |
Importing |
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Singapore |
Medium |
Importing |
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USA |
Medium |
Importing |
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United Arab Emirates |
Medium |
Importing |
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OVERSEAS SUPPLIERS |
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LOCAL BRANCHES & MANAGEMENT |
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FINANCIAL STATEMENT - DETAILED |
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Based on the corporate laws of Brunei, legal entities which are
Partnership - General are not required to make public disclosure of their annual
financials. Therefore no financials are available for this entity. |
N/a
Report Details
|
Country |
: |
Brunei |
|
Business Entity Name |
: |
SHIV TRADING COMPANY |
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Primary Business Activity |
: |
Importer |
|
Primary Industry |
: |
Food Products |
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Office Contact Details |
||
|
Operating Address |
: |
Simpang 1411-43-71, 5, Lot 39599 Kampong Tanjong Bunut Mukim Kilanas,
Bandar Seri Begawan, Brunei-Muara BF2920 |
|
Tel |
: |
[+673]-2662236 |
|
|
: |
[+673]-2663626 |
|
Fax |
: |
[+673]-2662036 |
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Email |
: |
shiv_trading@hotmail.com |
|
Website Details |
||
|
Website |
: |
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Status |
: |
Normal - operational |
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Country of Registration |
: |
Brunei |
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Ownership Type |
: |
Registered ownership by Subject Business Entity |
Primary Products
|
Products / Materials / Services Description |
Activity |
|
Biscuits |
Importing, Trading |
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Biscuits & cookies |
Importing, Trading |
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Candies |
Importing, Trading |
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Cashew nuts |
Importing, Trading |
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Cassava chips |
Importing, Trading |
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SIC PRODUCT CLASSIFICATION & ACTIVITY |
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HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY |
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DETAILED PRODUCT CLASSIFICATION & ACTIVITY |
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CORE BUSINESS DESCRIPTION |
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Core Business |
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The primary business focus of SHIV TRADING COMPANY is Importing -
Finished products. Biscuits Biscuits & cookies Candies Cashew nuts Cassava chips Condiments Confectionery products Fast moving consumer goods Food products Fruit drinks Grass jelly Grocery products Instant noodles Juices Noodles Nuts Pistachios Rice Sauces Spices powder mix Wafer biscuits Wafers Distribution |
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OFFICE & FACILITIES |
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The following information relates to the Business Entity's office as
listed above: |
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Note |
: |
(1) Not applicable. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.50 |
|
|
1 |
Rs.93.12 |
|
Euro |
1 |
Rs.69.33 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
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 |
|
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.