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Report No. : |
343237 |
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Report Date : |
07.10.2015 |
IDENTIFICATION DETAILS
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Name : |
CHARLES WAIN CO LTD |
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Registered Office : |
No 77/81, Room No 4, First Floor 30th Street Pabedan |
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Country : |
Myanmar |
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Date of Incorporation : |
30.11.1995 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Subject is
engaged in providing of general business, general office services, stationery
business activities, purchaser of consumer goods general merchandise,
textiles raw materials semi manufactured. |
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No. of Employee : |
60 |
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 |
|
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 |
CHARLES WAIN CO LTD
Country Myanmar
[ MM ]
Address No
77/81, Room No 4, First Floor 30th Street Pabedan
Comments
about your request:
We have contacted an employee who was not
authorized to disclose any kind of information and advised to present the
subject matter via e-mail.
We sent a questionnaire to the email
available requesting more information from the company but we did not receive a
reply.
Main Address: No.
111, 31st Street
Zip code/City: Pabedan Township, Yangon, Myanmar
Telephone: +95
1 242764
+95
1 387344
Fax: +95
1 241064
E-mail: cwc@myanmar.com.mm
WIN Worldbox No.: MM0000029274
Established: 1995
Line of Business: Commercial services
Industry Division: Services
Industry-code (NACE): 8299 Other business support service activities
Banks: unknown
Employees: 60
Board of
Directors:
Director U
Aye Ko Ko
Professional address: Myanmar
Id: 9/MAYAMA(NAING)013831
Director Daw
Latta
Professional address: Myanmar
Id: 9/MAYAMA(NAING)091752
Director U
Hla Maung
Professional address: Myanmar
Id: 9/MAYAMA(NAING)091665
Public
information:
No legal information is available.
State Register: 567/1995-1996
Legal form: Company
limited by shares
Incorporation date: 30.11.1995
Balance sheet f
iling date: -
Tax Contributor
Number (CNPJ): -
Legal status: active
Responsible Register: State Register of Myanmar
Entry Deleted Name
active Charles''s
Wain Co., Ltd.
Entry Deleted Legal
domicile
active Pabedan
Township, Myanmar
Entry Deleted Address
active No.
111, 31st Street, Pabedan Township, Myanmar/MM
Sanctions
List
The company is not listed on the
WorldCompliance Database.
Import
and Export:
Import, Export
Payment
history:
No payment history is available.
Owners/-s:
Class: 50%
Name: Daw
Latta
City/Country: Myanmar/MM
Interest: 50,00%
voting right, 50,00% capital interest
Class: 20-29%
Name: U
Aye Ko Ko
City/Country: Myanmar/MM
Interest: 25,00%
voting right, 25,00% capital interest
Class: 20-29%
Name: U
Hla Maung
City/Country: Myanmar/MM
Interest: 25,00%
voting right, 25,00% capital interest
Financial
information:
Private companies in Myanmar are not required
to disclose financial statements.
These have been requested from the company
but they have not been made available as the subject regards this information
as strictly confidential.
Exchange
rate:
US$ 1,00
= MMK
1,265.15) -
Official rate on 06.10.2015
Main
Activities:
The company is engaged in providing of
general business, general office services, stationery business activities,
purchaser of consumer goods general merchandise, textiles raw materials semi
manufactured.
Operations and Branches:
At the address, No. 111, 31st St, Pabedan
Township, Yangon, Myanmar, we find office of the company.
Additional contacts:
Email: kedialit@myanmar.com.mm,
Email: thuwunnanadi@mptmal.net.mm
Staff:
60
NOTES
& COMMENTS
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.39 |
|
|
1 |
Rs.99.05 |
|
Euro |
1 |
Rs.73.19 |
INFORMATION DETAILS
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Analysis Done by
: |
TRI |
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Report Prepared by
: |
ASH |
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 |
|
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.