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Report No. : |
323886 |
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Report Date : |
30.05.2015 |
IDENTIFICATION DETAILS
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Name : |
B
G G MANUFACTURING COMPANY LIMITED |
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Registered Office : |
No.483, Room No.(10/A), 10th Floor, Aye Yeik Thar 2nd Street,
New University Avnue Road, Aye Yeik Thar Condo, Sayar San Quarter Bahan
Township, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
2012 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Not Available |
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Line of Business : |
The Subject is engaged in producing and supplying all kinds of products for construction such as color aluzinc, roofing sheets, walls, steel purlins c (channel), roofingdoor, religious BGG's dome, accessories and ventilation louverdoors. |
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No. of Employee : |
Not Available |
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) |
|
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 |
B
G G MANUFACTURING COMPANY LIMITED
Comments
about your request:
The
company is not required to publish the accounts.
Upon
direct approach it was not possible to obtain further details.
We
sent a questionnaire to the email available requesting more information from
the company but we did not receive a reply.
Main
Address: No.483,
Room No.(10/A), 10th Floor, Aye Yeik Thar 2nd Street, New University Avnue
Road, Aye Yeik Thar Condo, Sayar San Quarter
Zip code/City: Bahan
Township, Yangon, Myanmar
Telephone: +95
1 8603741
+95
973093720
Fax: +95
1 557947
+95
1 555952
Web site: http://bggroofing.com/
E-mail: bgg.info@bggroofing.com
Established: 2012
Line of Business: Consumer
goods wholesale, Building materials, Metal/steel
Industry Division: Wholesale
trade, Manufacturing
Industry-code (NACE): 4673
Wholesale of wood, construction materials and sanitary equipment
2332
Manufacture of bricks, tiles and construction products, in baked clay
2512
Manufacture of doors and windows of metal
Banks: unknown
Employees: unknown
CNPJ: -
Official Administration:
Director Khin
San Myint
Professional
address: Myanmar
Director Tint
Wai
Professional
address: Myanmar
Management
Mr.
Tin Wai is also:
-
Director of PHYU PHYU SIN SIN FAMILY CO., LTD., Myanmar
- Director
of GRAND SEAL INTERNATIONAL LTD., Myanmar
-
Director of MUM KAUNG KIN COMPANY LIMITED, Myanmar
-
Director of BRIGHT GARDEN GROUP CO.,LTD., Myanmar
-
Director of KEEN PERFORMER COMPANY LIMITED, Myanmar
-
Director of ETERNAL LAND COMPANY LIMITED, Myanmar
-
Director of SEYONE TOE TET CO.,LTD., Myanmar
-
Director of ASIA CENTRAL LINK TRAVELS & TOURS COMPANY LIMITED, Myanmar
-
Director of ASIA CENTRAL LINK CONSTRUCTION COMPANY LIMITED, Myanmar
Ms.
Khin Myint San is also:
-
Director of GOLDEN GLOBAL COMPANY LIMITED, Myanmar
-
Director of T T M TWO NINE THREE COMPANY LIMITED, Myanmar
-
Director of APEX ALLIANCE TRAVEL & TOURS COMPANY LIMITED, Myanmar
-
Managing Director of GSWAN SAUNG YEE TRAVELS & TOURS COMPANY LIMITED,
Myanmar
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Director of HLYUN PHYO AUNG (M D Y) COMPANY LIMITED, Myanmar
-
Director of Myanmar flag Nawarat (Loilen)Gems Extraction And Marketing Co.,
Ltd., Myanmar
-
Director of SOE SHWE HTIKE COMPANY LIMITED, Myanmar
-
Director of BRIGHT GARDEN GROUP CO.,LTD., Myanmar
-
Director of MAHAR HIMAWINDAR COMPANY LIMITED, Myanmar
-
Director of NAGANI SISTER SERVICES LTD, Myanmar
-
Director of PAN FAMILY ENTERPRISE COMPANY LIMITED, Myanmar
-
Director of GREEN BAY ENGINEERING & CONSTRUCTION COMPANY LIMITED, Myanmar
Public information:
No legal information is available.
State Register: 3927/2012-2013
Legal form: Limited
Liability Company
Incorporation date: 20.12.2012
Balance sheet filing
date: -
Tax Contributor
Number (CNPJ): -
Legal status: active
Responsible Register: Registry
of Myanmar
Entry Deleted Name
active B
G G Manufacturing Company Limited
Entry Deleted Legal domicile
active Bahan
Township, Myanmar
Entry Deleted Address
active No.483,
Room No.(10/A), 10th Floor, Aye Yeik Thar 2nd Street, New University Avnue
Road, Aye Yeik Thar Condo, Sayar San Quarter, Bahan Township, Yangon,
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:
Class: 50-100%
Type: direct
Name: Tint
Wai
City/Country: Myanmar/MM
Interest: 60,00%
voting right, 60,00% capital interest
Class: 40-49%
Type: direct
Name: Khin
San Myint
City/Country: Myanmar/MM
Interest: 40,00%
voting right, 40,00% capital interest
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 1,078.87 - Official rate on 28.05.2015
ADDITIONAL INFORMATION
Main Activities:
The company is engaged in producing and supplying all kinds of products for construction such as color aluzinc, roofing sheets, walls, steel purlins c (channel), roofingdoor, religious BGG's dome, accessories and ventilation louverdoors.
Main Poructs:
- Roofing & Wall Sheets - Galvanized; Galvalume; Color Coating (PPGI & PPGL)
- Roofing & Wall Sheets with “Heat Insulation Layer” ( OPP or PU )
- Curved Steel Sheet; Gutter; Flashing and Roofing Accessories.
- Purlin C
Operations &
branches:
At the address, No.483, Room No.(10/A), 10th Floor, Aye Yeik Thar 2nd Street, New University Avnue Road, Aye Yeik Thar Condo, Sayar San Quarter, Bahan Township, Yangon City, we find the company's head office.
At the address, No.69, Matka Yar Minthar Gyi Street, Shwe Lin Pan Industrial Zone, Hlaing Thar Yar, Yangon, we find the company's factory.
Additional contacts:
Factory:
Tel: +95 9 31734522
Tel/Fax : +95 1 617073
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.76 |
|
|
1 |
Rs.97.80 |
|
Euro |
1 |
Rs.69.91 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
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Report Prepared
by : |
SDA |
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 |
|
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 |
|
<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.