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Report No. : |
344198 |
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Report Date : |
14.10.2015 |
IDENTIFICATION DETAILS
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Name : |
SHWE HTAY MIN COMPANY LIMITED |
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Registered Office : |
Building
105, 6th Floor, 91st Street, Kan/East Block Mingalar Taung Nyunt Township,
Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
29.08.2014 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
The company is engaged in non-specialised
wholesale trade. |
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No. of Employees : |
1-9 |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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-- |
NB |
New Business |
-- |
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Status : |
New Business |
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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 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Shwe Htay
Min Company Limited
We could not find a phone number or email
address for the company.
As we have no way of contacting the company,
we could not ascertain whether they are engaged in business. The details from
this report come from official sources and various databases we can consult.
Main Address: Building
105, 6th Floor, 91st Street, Kan/East Block
Zip code/City: Mingalar Taung Nyunt Township, Yangon, Myanmar
WIN Worldbox No.: MM0000075254
Established: 2014
Line of Business: Consumer goods wholesale
Industry Division: Wholesale trade
Industry-code (NACE): 4690 Non-specialised wholesale trade
Banks: unknown
Employees: 1-9
CNPJ: -
Board of
Directors:
Director U
Pascal Baylan
Professional
address: Myanmar
Id:
12/SAKHANA(NAING)046967
Director U
Lin Tun
Residential
address: Myanmar
Id:
12/SAKHANA(PHYU)000155
Public
information:
No legal information is available.
State Register: 2739/2014-2015
Legal form: Limited
Liability Company
Incorporation date: 29.08.2014
Balance sheet filing date: -
Tax Contributor Number (CNPJ): -
Legal status: active
Responsible Register: State Register of Myanmar
Entry Deleted Name
active Shwe
Htay Min Company Limited
Entry Deleted Legal
domicile
active Mingalar
Taung Nyunt Township, Myanmar
Entry Deleted Address
active Building 105, 6th
Floor, 91st Street, Kan/East Block, Mingalar Taung Nyunt 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%
Name: U
Pascal Baylan
City/Country: Myanmar/MM
Interest: 50,00%
voting right, 50,00% capital interest
Class: 50%
Name: U
Lin Tun
City/Country: Myanmar/MM
Interest: 50,00%
voting right, 50,00% capital interest
Financial
information:
The company was recently incorporated - the first
set of accounts is also not yet available.
Nevertheless, private companies in Myanmar
are not required to disclose financial statements.
Exchange
rate:
US$ 1,00 = MMK
1,268.38 - Official rate on 13.10.2015
Main
Activities:
The company is engaged in non-specialised
wholesale trade.
Operations & branches:
At the address, Building 105, 6th Floor, 91st
Street, Kan/East Block, Mingalar Taung Nyunt Township, we find the company's
head office.
Staff:
1-9
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.02 |
|
UK Pound |
1 |
Rs.99.89 |
|
Euro |
1 |
Rs.73.92 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
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|
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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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 |
-- |
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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.