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Report No. : |
326374 |
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Report Date : |
10.07.2015 |
IDENTIFICATION DETAILS
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Name : |
GREAT WORLD WIDE CO., LTD. |
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Registered Office : |
No.18(A), Room 3-4 Boyarnyut Street, Yawmingyi Ward, 11191 Dagon Tsp, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
08.12.1994 |
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Com. Reg. No.: |
948/1994-1995 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
The company is engaged in garment
manufacturing, wholesale of garments and clothing accessories. |
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No. of Employees : |
1,700 |
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) |
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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 |
GREAT WORLD WIDE
CO., LTD.
With regard to
your request on:
Country Myanmar [ MM ]
Company Reg
Company Name GREAT WORLD
WIDE CO. LTD
Address No.
99, Koe Lone Kwin, Pyay Road, Hmaw Bi Tsp, Yangon, Myanmar.
NEW INFORMATION:
Regarding the subject’s director, could you please advise us U Yin Lee
Yin and Daw Yin Lee Yin is the same person or two people. Or mistype the name of the director.
Comments about
your request:
We have contacted an employee who was not authorized to disclose any
kind of information and advised to present the subject matter via e-mail.
We sent a questionnaire to the email available requesting more
information from the company but we did not receive a reply.
Main Address: No.18(A),
Room 3-4 Boyarnyut Street, Yawmingyi Ward
Zip code/City: 11191
Dagon Tsp, Yangon, Myanmar
Telephone: +95 1
389 669
+95
1 252 127
Fax: +95
1 254 699
Web site: http://www.pandagroupofcompanies.com/
E-mail: pandayangon@gmail.com
WIN World Box No.: MM0000045524
Established: 1994
Line of Business: Consumer
goods wholesale, Clothing/Shoes
Industry Division: Wholesale
trade, Manufacturing
Industry-code (NACE): 4642
Wholesale of clothing and footwear
1412
Manufacture of workwear
1413
Manufacture of other outerwear
1419
Manufacture of other wearing apparel and accessories
Banks: Unknown
Employees: 1,700
CNPJ: -
Board of
Directors:
Director Daw Yin Lee
Yint
Professional address:
Myanmar
Id:
13/MASATA(NAING)000052
Director Daw Nan Shwe
Kyi
Professional address:
Myanmar
Id:
9/MAYAMA(NAING)006008
Director Daw Win Win
Daung
Professional address:
Myanmar
Id:
12/THAGAKA(NAING)003520
Director U Yin Yee Baw
Professional address:
Myanmar
Id:
13/MASATA(NAING)000053
Chief Executive Officer Daw Yin
Lee Yin
Public
information:
No legal information is available.
State Register: 948/1994-1995
Legal form: Limited
Liability Company
Incorporation date: 08.12.1994
Balance sheet filing date: -
Tax Contributor Number (CNPJ): -
Legal status: Active
Responsible Register: State
Register of Myanmar
Entry Deleted Name
active Great World
Wide Co., Ltd.
Entry Deleted Legal
domicile
active Dagon Tsp,
Myanmar
Entry Deleted Address
active No. 18 A,
Room. 3-4, 1st Floor, Boyarnyunt St., Yawmingyi Ward, Dagon Tsp, Myanmar/MM
Sanctions List
The company is not listed on the WorldCompliance Database.
Import and Export:
-
Payment history:
No payment history is available.
Owners/-s:
The company is part of Panda Group of Companies.
Business Type: Garment, Textile, Steel, Mining, Teak Plantation and
Trading
Main Markets for Export: Germany, Italy, Spain, Greece, Uruguay,
Argentina, Columbia, Japan, Korea & Thailand.
Companies of the group:
- PANDA TEXTILE CO. LTD
- PANDA TEXTILE (PALEIK)
- WEDGE GARMENT CO., LTD
- WIDE TREASURE TRADING LIMITED
- THE OCEAN PEARL TRADING COMPANY LIMITED
- LUCKY ORIENT MINING COMPANY LIMITED
- AUNG UNIVERSAL STEEL INDUSTRY
- TEAK PLANTATION
The name of the shareholders and the exact percentage were not
disclosed.
As far as we could gather the members of management are also the
shareholders but we were not able to verify with the official sources.
Financial
information:
Private companies in Myanmar are not required to disclose financial
statements. Upon direct approach it was not possible to obtain further details.
Exchange rate:
US$ 1,00
= MMK 1,107.83 -
Official rate on 30.06.2015
Main Activities:
The company is engaged in garment manufacturing, wholesale of garments
and clothing accessories.
The main products are Men's Shirt, Down Jacket, White Uniform, Working
Wears, Pants, Bed Sheets, Ladies' blouse and Babies wears. The company
produce's different kinds of brands from all over the world like Polo Club,
Spring Field, Christisn Dior, Y.S.L, Fila, Oviese, Big Born, among others.
The company exports to Germany, Spain, Italy, Greece, Argentina,
Uruguay, Columbia, Japan and Korea.
The company's factory is located at 48 km away from the main sea port of
Yangon. Total two factories were built on 4 acres of land with 12 production
lines and 1,700 employees.
The capacity of the factory is 105,000 pcs per month for Men's Shirts,
52,000 pcs per month for Working Wear and 26,000 pcs per month for other items.
Operations and Branches:
At the address, No.18(A), Room 3-4 Boyarnyut Street, Yawmingyi Ward,
Dagon Tsp, 11191, Yangon, Myanmar, we find office of the company.
At the address, No.99, Koe Lone Kwin, Pyay Road, Hmaw Bi Township,
Yangon, we find the company's factory.
Additonal contacs:
Tel: + 95 1 248 247
+95 1 377 269.
E-mail: winsomabel@gmail.com
pgo.chairmanoffice.com@gmail.com
Staff:
1,700
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.63.51 |
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|
1 |
Rs.97.85 |
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Euro |
1 |
Rs.70.50 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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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.