MIRA INFORM REPORT

 

 

Report No. :

345486

Report Date :

23.10.2015

 

IDENTIFICATION DETAILS

 

Name :

MYANMAR SUN THIRI COMPANY LIMITED

 

 

Registered Office :

No. 148/5, Mya Wut Yi Lane, A-1, Compound, Mayangone Township, Yangon,

 

 

Country :

Myanmar

 

 

Date of Incorporation :

22.08.2003

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Subject is engaged in providing veterinary business activities.

 

 

No. of Employees :

150

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

Slow but correct

 

 

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

 

 

 

 

 


COMPANY SUMMARY

 

Myanmar Sun Thiri Company Limited

 

With regard to your request on:

Myanmar Sun Thiri Co Ltd

 

Country Myanmar [ MM ]

 

Address            Mya Wutylane No. 148/5 Compound, Myanmar

 

 

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. 148/5, Mya Wut Yi Lane, A-1, Compound

Zip code/City:    Mayangone Township, Yangon, Myanmar

Telephone:        +95 01 655015

Fax:                  +95 01 723108

Mobile:              +95 09 8640260

 

E-mail:              htunwin@awba.com.mm

WIN Worldbox No.:        MM0000051695

 

 

Profile

 

Established:                  2003

Line of Business:           Health & social services

Industry Division:            Services

Industry-code (NACE):    7500 Veterinary activities

Banks:  unknown

Employees:                   150

CNPJ:   -

 

 

DIRECTORS/MANAGEMENT

 

Board of Directors:

Director             Daw Patsy

                        Professional address: Myanmar

                        Id: 12/MAYAKA(NAING)079167

 

Director             U Htun Win

                        Professional address: Myanmar

                        Id: 12/MAYAKA(NAING)079193

 

Director             U Soe Win

                        Professional address: Myanmar

                        Id: 8/KHAMANA(NAING)016160

 

 

NEGATIVE INFORMATION

 

Public information:

No legal information is available.

 

 

SHARE & SHARE CAPITAL INFORMATION

 

State Register:                          274/2003-2004

Legal form:                                Limited Liability Company

Incorporation date:                     22.08.2003

Balance sheet filing date:            -

Tax Contributor Number (CNPJ):-

Legal status:     active

Responsible Register:                State Register of Myanmar

 

Entry    Deleted            Name

active                            Myanmar Sun Thiri Company Limited

 

Entry    Deleted            Legal domicile

active                            Mayangone Township, Myanmar

 

Entry    Deleted            Address

active                            No. 148/5, Mya Wut Yi Lane, A-1, Compound, Mayangone Township, Yangon, Myanmar/MM

 

 

Sanctions List

The company is not listed on the WorldCompliance Database.

 

 

PAYMENT INFORMATION

 

Import and Export:

-

 

Payment history:

No payment history is available.

 

Owners/-s:

Class:               40-49%

Name:               Daw Patsy

City/Country:     Myanmar/MM

Interest:            49,75% voting right, 49,75% capital interest

 

Class:               40-49%

Name:               U Htun Win

City/Country:     Myanmar/MM

Interest:            49,75% voting right, 49,75% capital interest

 

Class:               0-9%

Name:               U Soe Win

City/Country:     Myanmar/MM

Interest:            0,50% voting right, 0,50% 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  =  1.258,90 (MMK)                             -  Official rate on (21/10/2015)

 

 

ADDITIONAL INFORMATION

 

Main Activities:

Myanmar Sun Thiri Co., Ltd is engaged in providing veterinary business activities.

 

 

Operations and Branches:

At the address, No. 148/5, Mya Wut Yi Lane, A-1, Compound, Mayangone Township,  Yangon, Myanmar, we find the company's head office.

 

At the address, 104, 4th Street, North Zaiganine Qtr, Myanmar, we find branch office of the company.

 

Additional Information:

Tel. : +95 05 223529, +95 05 223307

 

At the address, Shed 53, Rm# 3, Nilar 2nd Street, Sawbwagyigone, Insein,  Yangon, Myanmar, we find branch office of the company.

 

Additional Contacts:

Tel. : +95 01 662817, +95 01 662834

Fax: +95 01 665116

 

 

Staff:

150

 

 

NOTES & COMMENTS

 

-


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.15

UK Pound

1

Rs.100.54

Euro

1

Rs.73.97

 

INFORMATION DETAILS

 

Analysis Done by :

KIN

 

 

Report Prepared by :

TRU

 

               

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.