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Report No. : |
350601 |
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Report Date : |
30.11.2015 |
IDENTIFICATION DETAILS
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Name : |
CHU KABAR INTERNATIONAL
COMPANY LIMITED |
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Registered Office : |
Akwet No.(F/8),No.(A-4),Corner Of Yangon-Mandalay Road and Industry Garden Street Pyi Gyi Tagon Township, Mandalay Region |
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Country : |
Myanmar |
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Date of Incorporation : |
01.02.2008 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Subject is engaged in sale of motor vehicles, truck dealer. |
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No. of Employee : |
1-9 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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 |
CHU
KABAR INTERNATIONAL COMPANY LIMITED
With regard to your
request on:
CHU KABAR INTERNATIONAL CO LTD (NF)
AKWET NO. (F-8) A-4,
CORNER OF YANGON MANDALAY ROAD AND INDUSTRY GARDEN STREET
PYIGYI TAGON TOWNSHIP
MYANMAR
Comments about your
request:
We were not able to reach the person in charge that can
provide us information.
Main Address: Akwet
No.(F/8),No.(A-4),Corner Of Yangon-Mandalay Road and Industry Garden Street
Zip code/City: Pyi Gyi Tagon Township,
Mandalay Region, Myanmar
Telephone: +95 2 5153874
+95 2 5044459
WIN Worldbox No.: MM0000078584
Established: 2008
Line of Business: Vehicle trading and
repair
Industry Division: Retail trade
Industry-code (NACE): 4519 Sale of other motor vehicles
Banks: unknown
Employees: 1-9
CNPJ: -
Board
of Directors:
Director U Yon An
Professional
address: Myanmar
Id:
13/TAYANA(NAING)017174
Chief Executive Officer U Ar Saik
Public
information:
No legal information is available.
State Register: 1591/2007-2008
Legal form: Company limited
by shares
Incorporation date: 01.02.2008
Balance sheet filing date: -
Tax Contributor Number
(CNPJ): -
Legal status: active
Responsible Register: State Register of Myanmar
Entry Deleted Name
active Chu Kabar
International Company Limited
Entry Deleted Legal domicile
active Pyi Gyi Tagon
Township, Myanmar
Entry Deleted Address
active Akwet
No.(F/8),No.(A-4),Corner Of Yangon-Mandalay Road and Industry Garden Street,
Pyi Gyi Tagon Township, Mandalay Region, 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 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:
Private companies in Myanmar are not required to disclose
financial statements.
Exchange
rate:
US$ 1,00 = MMK
1,278.35 -
Official rate on 25.11.2015
Main
Activities:
The company is engaged in sale of motor vehicles, truck
dealer.
Operations & branches:
At the address, Akwet No.(F/8),No.(A-4),Corner Of
Yangon-Mandalay Road and Industry Garden Street,Pyi Gyi Tagon T/S,
Mandalay Region, we find the company's head office.
Staff:
1-9
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.75 |
|
|
1 |
Rs.100.68 |
|
Euro |
1 |
Rs.70.88 |
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MMK |
1 |
Rs 0.051 |
INFORMATION DETAILS
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Analysis Done by
: |
TRI |
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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 |
|
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.