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Report No. : |
327274 |
|
Report Date : |
29.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
KAMDA RUBBER CO LTD |
|
|
|
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Registered Office : |
888 National Rd 8 Pou Srok Village Kaong Kang Commune, Ponhea Krek, Tbong Khmum |
|
|
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Country : |
Cambodia |
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Date of Incorporation : |
11.04.2013 |
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|
Legal Form : |
Private Company with Limited Liability |
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|
|
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Line of Business : |
Manufacturer of Rubber & Products. |
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|
|
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No. of Employees : |
45 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
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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) |
|
Cambodia |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
CAMBODIA - ECONOMIC
OVERVIEW
Cambodia has experienced strong economic growth over the
last decade. Cambodian GDP grew at an average annual rate of over 8% between 2000
and 2010 and over 7% since 2011. The tourism, garment, construction and real
estate, and agriculture sectors accounted for the bulk of growth. Around
600,000 people, the majority of whom are women, are employed in the garment and
footwear sector. An additional 500,000 Cambodians are employed in the tourism
sector, and a further 50,000 people in construction. In 2005, exploitable oil
deposits were found beneath Cambodia's territorial waters, representing a
potential revenue stream for the government, if commercial extraction becomes
feasible. Some of the deposits are located within the so-called overlapping
claimed areas with Thailand. However, an unresolved border dispute with
Thailand has so far prevented development in those areas. Mining also is attracting
some investor interest and the government has touted opportunities for mining
bauxite, gold, iron and gems. The tourism industry has continued to grow
rapidly with foreign arrivals exceeding 2 million per year since 2007 and
reaching around 4.5 million visitors in 2014. Cambodia, nevertheless, remains
one of the poorest countries in Asia and long-term economic development remains
a daunting challenge, inhibited by endemic corruption, limited educational
opportunities, high income inequality, and poor job prospects. As of 2012,
approximately 2.66 million people live on less than $1.20 per day, and 37% of
Cambodian children under the age of 5 suffer from chronic malnutrition. More
than 50% of the population is less than 25 years old. The population lacks
education and productive skills, particularly in the impoverished countryside,
which also lacks basic infrastructure. The Cambodian Government has been
working with bilateral and multilateral donors, including the Asian Development
Bank, the World Bank and IMF, to address the country's many pressing needs;
more than 30% of the government budget comes from donor assistance. A major
economic challenge for Cambodia over the next decade will be fashioning an
economic environment in which the private sector can create enough jobs to
handle Cambodia's demographic imbalance. Following the 2013 national elections,
the government announced a variety of economic and business reforms. The
government is also moving forward with new legislation to meet the 2015 deadline
for the Association of Southeast Asian Nations (ASEAN) Economic Community.
|
Source
: CIA |
|
Organization Name |
: |
KAMDA RUBBER CO LTD |
|
Address |
: |
888 National Rd 8 Pou Srok Village Kaong Kang
Commune, Ponhea Krek, Tbong Khmum |
|
Country |
: |
Cambodia |
|
Email |
: |
dt@kamdarubber.com |
|
Primary Business Activity |
: |
Manufacturer |
|
Key Industry |
: |
Rubber & Products |
|
Key
Facts |
||
|
Registered Legal Address |
: |
888 National Rd 8 Pou Srok Village Kaong
Kang Commune, Ponhea Krek, Tbong Khmum |
|
Operational Address |
: |
888 National Rd 8 Pou Srok Village Kaong
Kang Commune, Ponhea Krek, Tbong Khmum |
|
Issuing Authority |
: |
Ministry of Commerce - Commercial Registry
- National |
|
License Number |
: |
Inv.0711KH/2013 |
|
License Status |
: |
License exists - Normal. |
|
Legal Form - Category |
: |
Private Company with Limited Liability |
|
Legal Form |
: |
Company Limited |
|
Legal Form - Abbreviation |
: |
CO LTD |
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Operational Status of Business |
: |
Normal |
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Date of Registration |
: |
11 Apr, 2013 |
|
Employees |
: |
45 |
|
Capital |
: |
US$ 1,000,000 |
Key Person
|
Legal Title |
: |
Managing Director |
|
Name |
: |
Ms. Tech Dareth |
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Nationality |
: |
Cambodian |
|
COMPANY
DIRECTORS |
|||||||||
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REPUTATION |
|
Reference checking for the purpose of
establishing KAMDA RUBBER CO LTD'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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CAPITAL (Currency: USD - US Dollar) |
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SHAREHOLDERS
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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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N/A
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FINANCIAL
STATEMENT - DETAILED |
|
Based on the corporate laws of Cambodia,
legal entities which are a Private Company with Limited Liability are not
required to make public disclosure of their annual financials. Therefore no
financials are available for this entity. |
N/a
|
Country |
: |
Cambodia |
|
Business Entity Name |
: |
KAMDA RUBBER CO LTD |
|
Primary Business Activity |
: |
Manufacturer |
|
Primary Industry |
: |
Rubber & Products |
|
Office Contact Details |
||
|
Operating Address |
: |
888 National Rd 8 Pou Srok Village Kaong
Kang Commune, Ponhea Krek, Tbong Khmum |
|
Mobile |
: |
[+855]-99982886 (1) |
|
|
: |
[+855]-888882886 (1) |
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Email |
: |
dt@kamdarubber.com |
|
|
||
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Note: |
|
(1) There
exists no known land telephone line that is being used by the Subject
Business Entity (SBE) in connection to their business, which is uncommon in
normal / regular businesses. The SBE ONLY operates using a Mobile phone as
the primary point of contact. |
Primary
Products
|
Products / Materials / Services Description |
Activity |
|
Rubber |
Manufacturing |
|
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 |
|
Core Business |
|
The primary business focus of KAMDA RUBBER
CO LTD is Manufacturing - Finished products. Rubber
Distribution |
|
OFFICE
& FACILITIES |
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The following information relates to the
Business Entity's office as listed above: |
|||||||||||||||
|
N/A
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.60 |
|
|
1 |
Rs.100.09 |
|
Euro |
1 |
Rs.71.23 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.