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Report No. : |
340560 |
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Report Date : |
18.09.2015 |
IDENTIFICATION DETAILS
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Name : |
S.I.A. (TENAMYD CANAD) INC. |
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Registered Office : |
242 Rue Varry, Montreal, Quebec H4N 1A3 |
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Country : |
Canada |
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Date of Incorporation : |
1.03.1993 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Wholesale of pharmaceutical products. |
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No. of Employees : |
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
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Canada |
A1 |
A1 |
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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 |
CANADA - ECONOMIC OVERVIEW
As a high-tech industrial society in the trillion-dollar class, Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free Trade Agreement (NAFTA) (which includes Mexico) touched off a dramatic increase in trade and economic integration with the US, its principal trading partner. Canada enjoys a substantial trade surplus with the US, which absorbs about three-fourths of Canadian merchandise exports each year. Canada is the US's largest foreign supplier of energy, including oil, gas, and electric power, and a top source of US uranium imports. Given its abundant natural resources, highly skilled labor force, and modern capital plant, Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the early intervention by the Bank of Canada and the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010-14 and plans to balance the budget by 2015 despite the recent drop in oil prices. In addition, the country's petroleum sector is rapidly expanding, because Alberta's oil sands significantly boosted Canada's proven oil reserves. Canada now ranks third in the world in proved oil reserves behind Saudi Arabia and Venezuela and is the world’s fifth-largest oil producer.
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Source
: CIA |
Company name: S.I.A. (TENAMYD CANAD) INC.
Address: 242 Rue Varry, Montreal,
Quebec H4N 1A3 - Canada
Telephone: -
Fax: -
Website: -
Corporate ID#: 2900106
State: Federal
Judicial form: Corporation – Profit
Date incorporated: March
1, 1993
Stock: -
Value: -
Name of manager: Bang
Hai NGUYEN
Business:
Wholesale pharmaceutical products.
No name of foreign suppliers available.
Staff: None
Operations & branches:
At the headquarters, we find a
private house.
Shareholders:
Margaret MAI BIU +50%
4095 Chemin de la Cote des Neiges
Montreal, Quebec H3H 1W9
Management:
Margaret MAI BIU, President
Kim CHI DAO, Secretary
Bang Hai NGUYEN, Manager
Subsidiaries
And partnership: None
In Canada, privately held
corporations are not required to publish any financials.
That business is not listed with
the White and Yellow Pages.
We sent a mail but no answer
received at this time.
Banks: n/a
Legal filings & complaints:
As of today date, there is no legal filing pending with
the Courts.
Secured debts summary:
None
Haut du formulaire
No trade reference available.
No domestic credit history.
Other comments:
The Company is late to file its
annual report.
This means that taxes were NOT
paid on time.
Last report was filed on 03-29-2012
Our opinion:
We suggest you to be careful.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.50 |
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UK Pound |
1 |
Rs.101.99 |
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Euro |
1 |
Rs.75.03 |
INFORMATION DETAILS
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Analysis Done by
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KAS |
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Report Prepared
by : |
TRU |
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 |
-- |
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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.