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Report No. : |
347627 |
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Report Date : |
07.11.2015 |
IDENTIFICATION DETAILS
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Name : |
MYA KAN ENGINEERING COMPANY LIMITED |
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Registered Office : |
No 57/A, Thar Yar Shwe Pyi Street, Ward No. 16 Yankin, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
2011 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of other machinery and equipment. |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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 |
MYA KAN
ENGINEERING COMPANY LIMITED
COMMENTS ABOUT
YOUR REQUEST
We have been unable to connect the address given in the order with the subject
matter. The registered addresses are given in this report.
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
57/A, Thar Yar Shwe Pyi Street, Ward No. 16
Zip code/City: Yankin,
Yangon, Myanmar
Telephone: +95 1
401121
+95
5 112772
Mobile: +95
9 7321 6766
Web site: http://www.myakanengg.com
E-mail: md@myakanengg.com
WIN Worldbox No.: MM0000077337
Established: 2011
Line of Business: Consumer
goods wholesale
Industry Division: Wholesale
trade
Industry-code (NACE): 4669 Wholesale of other machinery and equipment
Banks: Unknown
Employees: Unknown
CNPJ: --
Board of
Directors:
Director Daw Aye Nandar
Professional address:
Myanmar
Id:
12/YAKANA(NAING)000393
Director U Than Htay Zaw
Professional address:
Myanmar
Id:
9/NYAOUNA(NAING)036576
Director U Ohn Kyaw
Professional address:
Myanmar
Id:
12/TAMANA(NAING)022348
Chief Executive Officer U Win Oo
Public
information:
No legal information is available.
State Register: 2279/2011-2012
Legal form: Limited
Liability Company
Incorporation date: 14.10.2011
Balance sheet filing date: --
Tax Contributor Number (CNPJ): --
Legal status: active
Responsible Register: State
Register of Myanmar
Entry Deleted Name
active Mya Kan
Engineering Company Limited
Entry Deleted Legal
domicile
active Yankin,
Myanmar
Entry Deleted Address
active No 57/A, Thar
Yar Shwe Pyi Street, Ward No. 16, Yankin, Ưangon, Myanmar/MM
The company is not listed on the WorldCompliance Database.
Class: unknown
Name: Daw Aye Nandar
City/Country: Myanmar/MM
Class: unknown
Name: U Than Htay Zaw
City/Country: Myanmar/MM
Class: unknown
Name: U Ohn Kyaw
City/Country: Myanmar/MM
Class: unknown
Name: U Win Oo
City/Country: Myanmar/MM
The exact shareholding percentage was not disclosed.
Import and Export:
-
Payment history:
No payment history is available.
---
Financial
information:
Private companies in Myanmar are not required to disclose financial
statements.
We have been unable to reach the person in charge and request more
details.
Exchange rate:
US$ 1,00 = 1,256.10 (MMK) - Official rate on
(04/11/2015)
Main Activities:
The company is engaged in wholesale trade of crushing and screening
equipment.
The company is a an international representative of products and
services in Myanmar.
Operations &
branches:
At the address, No 57/A, Thar Yar Shwe Pyi Street, Ward No. 16, Yankin,
Yangon, we find the company's head office.
Other addresses:
No.16/5, Thiri Mingalar Yeikthar Street, Yankin T/S, Yangon Region,
Myanmar
Additional
contacts:
Tel: +95 95108654; +95 95172246;
+95 973216766
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
|
|
1 |
Rs.99.95 |
|
Euro |
1 |
Rs.71.55 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
ANK |
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 |
-- |
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.