MIRA INFORM REPORT

 

 

Report No. :

347823 

Report Date :

07.11.2015

 

IDENTIFICATION DETAILS

 

Name :

EVA TRADING CO., LTD.

 

 

Registered Office :

No. 22-23, De Pae Yin Wun Htauk U Myae Street, Hlaing Thar Yar Industry Zone 3, Hlaing Thar Yar Township

 

 

Country :

Myanmar

 

 

Date of Incorporation :

01.01.1997

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

The company is engaged in manufacture of construction materials such as Pre-painted Alu-Zinc Roofing Sheets, ‘C’ Channels and Decking Sheets. Other products of EVA Trading, Multi Angle Iron, used for making shelves, Bolt and Nut which are useful for installing Multi Angle, and other accessories are also providing as one-stop service.

 

 

No. of Employees :

Not Available

 

 

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

Payment Behaviour :

Unknown

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)

Myanmar

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

 


REGISTERED NAME & COMPANY SUMMARY

 

EVA TRADING 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.

 

 

ADDRESSES:

 

Main Address:               No. 22-23, De Pae Yin Wun Htauk U Myae Street, Hlaing Thar Yar Industry Zone 3

Zip code/City:               Hlaing Thar Yar Township, Myanmar

Telephone:                    +95 685015

                                    +95 685133

Fax:                              +95 685128

Web site:                      http://www.evaroofing.com/

E-mail:                          sale@evaroofing.com

WIN Worldbox No.:       MM0000077444

 

 

Profile

 

Established:                  1997

Line of Business:          Metal/steel, Consumer goods wholesale

Industry Division:          Manufacturing, Wholesale trade

Industry-code (NACE):   2511 Manufacture of metal structures and parts of structures

                                    2599 Manufacture of other fabricated metal products n.e.c.

                                    4673 Wholesale of wood, construction materials and sanitary equipment

Banks:                          Unknown

Employees:                  Unknown

CNPJ:                           -

 

 

DIRECTORS/MANAGEMENT

 

Board of Directors:

Director            U Aung Thein Win

            Professional address: Myanmar

            Id: 1/MANYANA(NAING)002140

Director            Daw Tin San

            Professional address: Myanmar

            Id: TGI 022783

Chief Executive Officer  Daw Lin Paw Khin

NEGATIVE INFORMATION

 

Public information:

No legal information is available.

SHARE & SHARE CAPITAL INFORMATION

State Register:  1600/1996-1997

Legal form:       Limited Liability Company

Incorporation date:        01.01.1997

Balance sheet filing date:           -

Tax Contributor Number (CNPJ):            -

Legal status:     active

Responsible Register:   State Register of Myanmar

 

Entry    Deleted Name

active               Eva Trading Co., Ltd.

 

Entry    Deleted Legal domicile

active               Hlaing Thar Yar Township, Myanmar

 

Entry    Deleted Address

active               No. 22-23, De Pae Yin Wun Htauk U Myae Street, Hlaing Thar Yar Industry Zone 3, Hlaing Thar Yar Township, Yangon, Myanmar/MM

 

 

Sanctions List

 

The company is not listed on the World Compliance Database.

 

 

PAYMENT INFORMATION

 

Import and Export:

Import

 

Payment history:

No payment history is available.

 

 

Owners/-s

 

Class:               20-29%

Name:               Daw Lin Paw Khin

City/Country:     Myanmar/MM

No. of shares:   600

Interest:            35,00% voting right, 35,00% capital interest

 

Class:               20-29%

Name:               U Maung Maung Lwin

City/Country:     Myanmar/MM

No. of shares:   500

Interest:            25,00% voting right, 25,00% capital interest

 

Class:               20-29%

Name:               Daw Tin San

City/Country:     Myanmar/MM

No. of shares:   500

Interest:            25,00% voting right, 25,00% capital interest

 

Class:               10-19%

Name:               U Aung Thein Win

City/Country:     Myanmar/MM

No. of shares:   300

Interest:            15,00% voting right, 15,00% capital interest

 

 

FINANCIAL INFORMATION

 

Financial information:

Private companies in Myanmar are not required to disclose financial statements.

 

 

FOREIGN EXCHANGE RATES

 

Exchange rate:

US$ 1,00  = 1,255.15  (MMK)                             -  Official rate on (05/11/2015)

 

 

ADDITIONAL INFORMATION

 

Main Activities:

The company is engaged in manufacture of construction materials such as Pre-painted Alu-Zinc Roofing Sheets, ‘C’ Channels and Decking Sheets. Other products of EVA Trading, Multi Angle Iron, used for making shelves, Bolt and Nut which are useful for installing Multi Angle, and other accessories are also providing as one-stop service.

 

The company imports raw materials; Pre-painted Alu-Zinc Roofing sheet in coils, Hot-Dipped Galvanized sheet in coils, and other accessories from Taiwan, Korea, Thailand, Vietnam and China.

 

EVA Trading has been recognized as an authorized dealer from SCG Trading Company Limited Thailand by importing Ceramic Roofing Tiles, SmartWoods, SmartBoards and Cylence Zendra Sound Proof Boards.

 


Operations & branches

 

At the address, No. 22-23, De Pae Yin Wun Htauk U Myae Street, Hlaing Thar Yar Industry Zone 3, Hlaing Thar Yar Township, Yangon, we find the company's head office.

 

Additional contacts:

+95 685614

+95 685615

 

Sale center 1:

Address: No-11, 12, 13 Building 95, Sawbwagyigone Insein Tsp., Yangon.

Tel: +951 643690, 646699, +951 642122 (Ext.) 197

 

Sale center 2:

Address: No-8, 9 Building 130, Sawbwagyigone Insein Tsp., Yangon.

Tel : +95 1 647699, 647767, +95 1 9640077, +95 1 9640078

 

Sale center 2:

Address: No-6, SY Housing, 78th Street, Between 29 x 30 Street, Mandalay.

Tel : +95 2 36482, +95 9 5166718, +95 6806589, +95 91049789

 

 

NOTES & COMMENTS

 

N/A

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.79

UK Pound

1

Rs.99.95

Euro

1

Rs.71.55

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

Report Prepared by :

TPT

 

               

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.