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Report No. : |
326374 |
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Report Date : |
16.06.2015 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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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.
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 Worldbox 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 U
Yin Lee Yin
Professional
address: Myanmar
Director Daw
Yin Lee Yint
Professional
address: Myanmar
Director Daw
Nan Shwe Kyi
Professional
address: Myanmar
Director Daw
Win Win Daung,
Professional
address: Myanmar
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
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 1,014.45 - Official rate on 12.06.2015
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.
Additonal contacs:
Tel: + 95 1 248 247
+95 1 377 269.
E-mail: winsomabel@gmail.com
pgo.chairmanoffice.com@gmail.com
Staff:
1,700
N/A
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.64.09 |
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1 |
Rs.99.57 |
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Euro |
1 |
Rs.71.84 |
INFORMATION DETAILS
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Analysis Done by
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RAS |
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Report Prepared
by : |
NIT |
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.