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Report No. : |
330015 |
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Report Date : |
10.07.2015 |
IDENTIFICATION DETAILS
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Name : |
LOI HEIN CO., LTD. |
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Registered Office : |
No. 117, Wardan Road, Kele Road, 11131
Lamadaw Township, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
1996 |
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Legal Form : |
Company Limited By Shares |
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Line of Business : |
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No. of Employees : |
260 |
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 |
LOI HEIN CO., LTD.
Comments about your request:
We were not able to reach the person in charge
that can provide us information.
We sent a questionnaire to the email available
requesting more information from the company but we did not receive a reply.
Main Address: No.
117, Wardan Road, Kele Road
Zip code/City: 11131
Lamadaw Township, Yangon, Myanmar
Telephone: +95 1 229954
Fax: +95
1 229954
Mobile: +95
1 5089185
Web site: http://www.loiheingroup.com
E-mail: contact@loiheingroup.com
WIN World box No.: MM0000049417
Established: 1996
Line of Business: Drinks, Consumer goods wholesale
Industry Division: Manufacturing, Wholesale trade
Industry-code (NACE): 1107 Manufacture of soft drinks; production of mineral waters and
other bottled waters
4634
Wholesale of beverages
Banks: Unknown
Employees: 260
Board of Directors:
Director Han
Min Htun
Professional
address: Myanmar
Id:
13/LAYANA(NAING)007116
Director Sein
Win Aung
Professional
address: Myanmar
Id:
13/LAYANA(NAING)007116
Chairman Dr.
Sai Sam Htun
Professional
address: Myanmar
Id:
13/LAYANA(NAING)013384
Public information:
No legal information is available.
State Register: 255/1992-1993
Legal form: Company
limited by shares
Incorporation date: 18.08.1992
Balance sheet filing date: -
Tax Contributor Number (CNPJ): -
Legal status: active
Responsible Register: State
Register of Myanmar
Entry Deleted Name
active Loi
Hein Co., Ltd.
Entry Deleted Legal domicile
active Dagon
Tsp, Myanmar
Entry Deleted Address
active No.
117, Wardan Road (Kele Road), Lamadaw Township, Yangon, Myanmar/MM (Business
address)
18.08.1992 No.
291, Shwedagon Pagoda Road, Dagon Tsp, Yangon, Myanmar/MM
Sanctions List
The company is not listed on the WorldCompliance Database.
Import and Export:
Import
Payment history:
No payment history is available.
Owners/-s:
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.
Exchange rate:
US$ 1,00
= MMK 1,116.11 - Official rate on
07.07.2015
Main Activities:
The company is engaged in manufacturing,
marketing, selling and distributing of purified drinking water, carbonated soft
drinks and energy drinks.
Loi Hein Co., Ltd. is a distributor for SPY
Wine Cooler, manufactured by Siam Winery Co., Ltd. (Thailand).
Commercialized Brands:
Purified Drinking Water:
- ALPINE, trademark of Loi Hein Co., Ltd.,
sponsor of Yadanarbon Football Club.
- LIFE, trademark of Loi Hein Co., Ltd.
- BLUE MOUNTAIN, trademark of Loi Hein Co.,
Ltd.
Carbonated soft drinks:
- LEMON SPARKLING, trademark of Loi Hein Co.,
Ltd.
- FANTASY, trademark of Loi Hein Co., Ltd.
- BLUE MOUNTAIN, trademark of Loi Hein Co.,
Ltd.
Energy drinks:
- SHARK, trademark of Osotspa Co., Ltd.
(Thailand)
- ROYAL LIPO, trademark of Loi Hein Co., Ltd.
The distribution and manufacturing activities
are performed by Loi Hein Distribution Company (LHDC), managed as an independent
business unit part of the Loi Hein Group of Companies. LHDC serves over 30,000
outlets in Myanmar. LHDC's main manufacturing center is located on a 10 acre
site 40 minutes drive North West of Yangon in the pristine area of Thaut Kyant.
The company has two more manufacturing centers located at Mandalay and Shwe
Pyithar.
Operations and Branches:
At the address, No. 117, Wardan Road (Kele
Road), Lamadaw Township, 11131, Yangon, Myanmar, We find office of the company.
The company maintains its branches at:
No.6/44, near Gasoline Station,
Yangon-Mandalay Rd, Pyinmana, Myanmar.
Tel.: 6723855
Corner of 26th and 69th Street, Chanayetharzan
Township, Mandalay, Myanmar.
Tel.: 1266417
53 (C), Mya Kantha St, Ward (5), Hlaing Tsp,
11051, Yangon, Myanmar.
Phone.: 1681629, 538752
Quality certification: ISO 9001 (since 2000)
Staff:
260
In 1992, Dr. Sai Sam Htun was offered to
assist with the distribution and marketing of a local cigarette brand - Duya -
manufactured by Myanmar Foodstuffs Industries (MFI). MFI went on to trust Dr.
Sai Sam Htun with more consumer goods products ranging from soft drinks to beer
and rum.
In 1996, Loi Hein Company Ltd. was
established.
In 2000, in association with Osotspa Co., Ltd.
(Thailand) LHC launched Shark energy drink and quickly gained market
leadership.
In 2002, LHC launched his first own brand,
Alpine, that quickly became the market leader in bottled purified drinking
water.
In 2008, in association with Green Spot Co.,
Ltd. (Thailand) LHC developed and launched a non-carbonated California Orange
soft drink.
In 2009 LHC was appointed exclusive
distributor for SPY Wine Cooler manufactured by Siam Winery Co., Ltd.
(Thailand).
Loi Hein Co., Ltd. is today in the process of
opening representative offices in China and India to support trade activities
with these two major markets.
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
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
: |
RAS |
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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.