|
Report No. : |
341520 |
|
Report Date : |
25.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
P.T. PANEN LESTARI
INTERNUSA |
|
|
|
|
Registered Office : |
Sahid Sudirman Center 38th Floor, Jalan Jend. Sudirman Kav. 86, Jakarta Pusat, 10220 |
|
|
|
|
Country : |
Indonesia
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
20.02.1990 |
|
|
|
|
Com. Reg. No.: |
AHU-AH.01.10-14161 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
· Supermarket and Department Store Management · Investment Holding |
|
|
|
|
No. of Employees : |
2,128 |
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 |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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) |
|
Indonesia |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDONESIA - ECONOMIC OVERVIEW
Indonesia has seen a slowdown in growth since 2012, mostly
due to the end of the commodities export boom. During the global financial
crisis, Indonesia outperformed its regional neighbors and joined China and
India as the only G20 members posting growth. The government has promoted
fiscally conservative policies, resulting in a debt-to-GDP ratio of less than
25% and historically low rates of inflation. Fitch and Moody's upgraded
Indonesia's credit rating to investment grade in December 2011. Indonesia still
struggles with poverty and unemployment, inadequate infrastructure, corruption,
a complex regulatory environment, a current account deficit, and unequal
resource distribution among regions. President Joko WIDODO - elected in July
2014 - has emphasized maritime and other infrastructure development, and
especially increased electric power capacity, since taking office. Fuel
subsidies were almost completely removed in early 2015, a move which could help
the government increase spending on its development priorities. Indonesia, with
the nine other ASEAN members, will continue to move towards participation in
the ASEAN Economic Community, though full implementation of economic
integration will not be completed by the previously-set deadline of year-end
2015.
|
Source
: CIA |
BASIC SEARCH
|
Name
of Company :
P.T.
PANEN LESTARI INTERNUSA
A
d d r e s s :
Head Office
Sahid
Sudirman Center 38th Floor
Jalan
Jend. Sudirman Kav. 86
Jakarta
Pusat, 10220
Indonesia
Phones -
(62-21) 2788 9166 (Hunting)
Fax - (62-21) 2788 9167
E-mail - info@sogo.co.id
Website - http://www.sogo.co.id
Building Area - 52 storey
Office Space - 100 sq. meters
Region - Commercial
Status - Rent
Outlets
a. SOGO Mall Kelapa Gading
Jalan Kelapa Gading Block M
Jakarta 14240
Phones - (62-21) 4533355, 4533366
Fax - (62-21) 4533377
b. SOGO Plaza
Senayan
Jalan Asia Afrika No. 8
Jakarta
Selatan
Phones - (62-21)
57900055 (Hunting)
Fax
- (62-21) 57900077
c. Sogo Emporium
Jalan Pluit Selatan Raya
Kawasan CBD Pluit Block S-6
Jakarta Utara
Phones - (62-21) 666 76575
Fax
- (62-21) 666 76575
d. Sogo Mall Pondok Indah
Pondok Indah Mall 2, 2nd Floor
Jalan Metro
Pondok Indah
Jakarta
Selatan, 12310
Phones - (62-21)
75920655, 75920677
Fax
- (62-21) 75920675
e. Sogo Central Park Mall
Pondok Indah Mall 2, 2nd Floor
Jalan Letjend. S.
Parman Kav. 28
Jakarta Barat,
11470
Phones - (62-21) 56985755
Fax - (62-21) 56985758
f. Sogo Kota
Casablanca
Gedung Kota
Casablanca
Jalan Casablanca Raya Kav. 88
Jakarta
Selatan, 12950
Phones - (62-21) 2946
5055
Fax
- (62-21) 2946 5077
g. SOGO Tunjungan Plaza IV
Jalan Embong Malang No. 7-21
Surabaya, East Java
Phones - (62-31) 5484555 (Hunting)
Fax
- (62-31) 5343777
h. SOGO Galaxy Mall Surabaya
Jalan Jend. Basuki Rachmat 8-12
Surabaya, East Java
Phones - (62-31) 5312860 (Hunting)
Fax - (62-31) 5343777
i. SOGO Sun Plaza
Jalan Haji
Zainul Arifin No. 7
Medan, North Sumatera
Phones - (62-61) 4501155 (Hunting)
Fax - (62-61) 4501177
j. SOGO Bandung
Van Java
Mall Paris Van Java
Ground Floor
Jalan Sukajadi 137-139
Bandung, West Java
Phones - (62-22) 82063487
Fax - (62-22) 82063493
k. SOGO Bali
Collection
Jalan
Pratama B5 – B7
Bali, 80363
Phones - (62-361)
4533366
Fax
- (62-361) 4533377
l. SOGO Discovery Mall
Jalan Kartika Plaza, Block LG 1 Ground
Floor
Kuta, Bali
Phones - (62-361) 769555
Fax
- (62-361) 769555
m. SOGO Big Mall
Jalan Untung Suropati No. 8
Sungai Kunjang
Samarinda, 75126
East Kalimantan
Date of Incorporation :
a. 15 April 1989 as
P.T. SOGO LESTARI INTERNUSA
b. 20 February 1990 as
P.T. PANEN LESTARI INTERNUSA
Legal Form :
P.T. (Perseroan
Terbatas) or Limited Liability Company
Company Reg. No. :
The Ministry of Law and Human Rights
- No. AHU-91064.AH.01.02.TH.2008
Dated 28 November 2008
- No. AHU-AH.01.10-14161
Dated 11 May 2011
Company Status :
National Private and
Domestic Investment (PMDN) Company
Permit by the
Government Department :
The Department of Finance
NPWP No.
01.386.225.5-073.000
The Capital Investment Coordinating Board
- No. 19/I/PMDN/1990
Dated 3 January 1990
- No. 100/II/PMDN/1995
Dated 20 April 1995
- No. 54/II/PMDN/1999
Dated 27 October 1999
- No. 04/35/II/PMDN/2001
Dated 17 September 2001
- No. 88/II/PMDN/2006
Dated 14 September 2006
- No. 106/II/PMDN/2006
Dated 12 October 2006
Related Company :
A Member Company of
the OMETRACO Group (see attachment)
CAPITAL AND OWNERSHIP
|
Capital
Structure :
Authorized
Capital : Rp.
640,000,000,000.-
Issued
Capital :
Rp. 160,000,000,000.-
Paid
up Capital :
Rp. 160,000,000,000.-
Shareholders/Owners
:
a. P.T. MITRA ADI PERKASA Tbk - Rp.
158,400,000,000.-
Address : Wisma 46-Kota BNI
Jl. Jend. Sudirman Kav. 1
Jakarta Pusat, Indonesia
b. P.T. PREMIER CAPITAL INVESTMENT - Rp.
1,600,000,000.-
Address :
Wisma 46-Kota BNI
Jl. Jend. Sudirman Kav. 1
Jakarta Pusat, Indonesia
BUSINESS ACTIVITIES
|
Lines
of Business :
a. Supermarket and Department Store Management
b. Investment Holding
Production
Capacity :
a. Sogo Mall Kelapa Gading
Dept. Store - 17,500 sq. meters
c. Sogo Plaza Senayan
Dept. Store - 27,500 sq. meters
c. Sogo Emporium Pluit
Dept. Store - 15,000 sq. meters
d. Sogo Mall Pondok Indah
Dept. Store - 17,500 sq. meters
e. Sogo Central Park Mall
Dept. Store - 17,000 sq. meters
f. Sogo Kota Casablanca
Dept. Store - 16,500 sq. meters
g. Sogo Tunjungan IV
Dept. Store - 16,500 sq. meters
h. Sogo Galaxy Mall Surabaya
- Dept. Store - 10,500 sq. meters
- Restaurant -
100 seats
i. Sogo Sun Plaza
Dept. Store - 17,500 sq. meters
j. Sogo Bandung Pan Java
Dept. Store - 7,000 sq. meters
k. Sogo Bali Collection
Dept. Store - 7,000 sq. meters
l. Sogo Discovery Mall
- Dept. Store - 7,000 sq. meters
- Restaurants -
120 seats
l. Sogo Big Mall
- Dept. Store - 14,000 sq. meters
- Restaurants -
120 seats
Total
Investment :
a.
Equity Capital -
Rp. 160.0 billion
b.
Loan Capital -
Rp. 150.0 billion
c.
Total Investment -
Rp. 310.0 billion
Started
Operation :
1989
Brand Name :
SOGO
Technical Assistance
:
None
Number of Employee :
2,128 persons
Marketing Area :
Local - 100%
Main Customer :
Individuals (end
users)
Market Situation :
Very Competitive
Main Competitors :
a. P.T. AKUR PRATAMA
b. P.T. MATAHARI PUTRA PRIMA Tbk
c. P.T. METRO
RETAILMART
d. P.T. METRO
SUPERMARKET REALTY Tbk
e. Etc.
Business Trend :
Growing
BANKER, AUDITOR & LITIGATION
|
B
a n k e r s :
a.
P.T. Bank MANDIRI Tbk
Jalan Hayam Wuruk No. 8
Jakarta Pusat
Indonesia
b. P.T. Bank CIMB NIAGA Tbk
Graha Niaga
Jalan Jend.
Sudirman Kav. 58
Jakarta 12190
Indonesia
c. P.T. Bank CENTRAL ASIA Tbk
Wisma BCA
Jalan Jend.
Sudirman Kav. 22-23
Jakarta Selatan
Indonesia
d. P.T. Bank NEGARA INDONESIA Tbk
Jalan Jend. Sudirman Kav. 1
Jakarta Selatan
Indonesia
e. Hong Kong and Shanghai Banking Corp. Ltd.
Jalan Jend.
Sudirman Kav. 29-31
Jakarta
Selatan
Indonesia
Auditor
:
Oesman
Bing Satrio & Rekan (Deloitte Touche Tohmatsu Ltd)
Litigation
:
No
litigation record in our database
FINANCIAL FIGURE
|
Annual
Sales :
2012
– Rp. 1,758.1 billion
2013
– Rp. 2,146.3 billion
2014
– Rp. 2,350.0 billion (estimated)
Net
Profit :
2012
– Rp. 97.2 billion
2013
– Rp. 59.0 billion
2014
– Rp. 97.0 billion (estimated)
Payment
Manner :
Average
Financial
Comments :
Satisfactory
KEY EXECUTIVES
|
Board of Management :
President Director - Mrs. Juliani Gozali
Directors -
a. Mr. Agus Gozali
b. Mrs. Kentjana Indriawati
c. Mr. Andri Setiawan
d. Mr. Indrawana Widjaja
Board of Commissioners :
President Commissioner - Mrs. Mien Sugandhi
Commissioners - a. Mrs. Sjeniwati Gusman
b. Mr. Matheus Rukmasaleh Arif
c. Mr. Soheila Hekmat
d. Mr. Tilly Kasenda
Signatories :
President
Director (Mrs. Juliani Gozali) or one of the Directors (Mr. Agus Gozali, Mrs.
Kentjana Indriawati, Mr. Andri Setiawan or Mr. Indrawana Widjaja) which must be
approved by Board of Commissioner.
CAPABILITIES
|
Management Capability :
Good
Business Morality :
Good
BACKGROUND/HISTORY
|
The company was established in April 1989, originally
under the name of P.T. SOGO LESTARI INTERNUSA, with an authorized capital of
Rp. 50,000,000,000 of which Rp. 15,000,000,000 was issued and paid-up. The
founding shareholders of the company are Mr. Sjamsul Nursalim AKA Liem Tek
Siong, Mrs. Itjih Sjamsul Nursalim AKA Go Giok Lian (Mrs. Sjamsul Nursalim),
Mr. Gustimego AKA Gouw Hong Hoe, Mr. Johan Setiwan (all Indonesian business
person of Chinese extraction), Mr. Abdul Somad Basri and Mr. Husni Ali, both
are indigenous businessmen. The notarial act has frequently been revised, and
in February 1990 the company was renamed P.T. PANEN LESTARI INTERNUSA (P.T.
PLI). In March 1991, the entire shares were controlled by P.T. ADIPURI
INTISATYA and P.T. BAHTERA SINAR MULIA, both are national private company. In
October 1999, the authorized capital was raised to Rp. 200,000,000,000 of which
Rp. 115,000,000,000 was issued and paid-up. In March 2004, P.T. MITRA
ADIPERKASA Tbk, acquired some 99% shares of P.T. ADIPURI INTISATYA.
Then in October 2008 the authorized capital was raised to
Rp. 640,000,000,000 issued capital to Rp. 160,000,000,000 fully and paid up. On
the same occasion P.T. ADIPURI INTISATYA withdrew and the whole shares sold to
P.T. PREMIER CAPITAL INVESTMENT, a national private company in investment
holding. With this development the composition of its shareholders has been
changed to become P.T. MITRA ADI PERKASA Tbk (99%) and P.T. PREMIER CAPITAL
INVESTMENT (1%). The according to the latest revision of notary documents of
Mrs. Lilis Sugianto, SH., No. 01 dated 2 May 2011 the board of director and the
board of commissioner had been changed. The latest revision of notary documents
was approved by the Ministry of Law and Human Rights in its decision letter No.
AHU-AH.01.10-14161 dated May 11, 2011.
P.T. PLI also known as with trading style SOGO had been
operating since 1989 in supermarkets and department store management. It has
five supermarkets located in Jakarta, Bandung, Surabaya, Medan and Bali.
Originally the Dept. Stores located at Jalan M.H. Thamrin, Central Jakarta, a
leading and exclusive business center in Jakarta, but since the end 2011 the
stores had been closed. Then the Sogo Stores expanded at Jalan Kelapa Gading
Block M, Kelapa Gading, North Jakarta and Jalan Asia Afrika No. 8, South
Jakarta. The other supermarkets located
at Plaza Tunjungan Surabaya, East Java and SOGO Sun Plaza, Medan, North
Sumatera. All of the supermarkets and department store sell 50% imported
products and the others local produced. P.T. PLI gets technical assistance and
franchise system from MILLENIUM RETAILING INC, (previously SOGO CO. LTD., of
Japan). Then in 2006 the company also has expanding its business by manages
Sogo Dept. Store in namely Sogo Emporium Pluit, Jakarta Utara; Sogo Galaxy Mall
Surabaya, East Java; Sogo Paris Van Java Bandung, West Java; Sogo Bali
Collection, Nusa Dua Bali and Sogo Discovery Mall, Kuta Bali. Then the SOGO
stores expanded by opened a stores at SOGO Pondok Indah Mall 2, South Jakarta;
Sogo Central Park Mall, Jalan Letjend. S. Parman Kav. 28, West Jakarta; and
SOGO Kota Casablanca, Jalan Casablanca Raya Kav. 88, South Jakarta.
Besides, in the end 2012, the company will be expanded
its stores by opened stores at Alam Sutera, Serpong, Banten Province. All
twelve (12) Sogo counters offer more than 500 brands beside exclusive brands
owned by P.T. MITRA ADIPERKASA Tbk (offered only at SOGO), covering many types of goods including cosmetics, men’s and women shirts,
garment, toys, household goods, books,
electronic products as well as food and beverages. SOGO also offers more than
15 brands goods which can exclusively be obtained through SOGO. SOGO is
estimated to be visited by 500,000 visitors per month. SOGO revenue is obtained
from direct sales, consignment and concessionaire comprising of products sales
being sold by SOGO.
The revenues from concessionaire are obtained from the
sales of products by concessionaire holders (shop in shop) having
concessionaire agreement with SOGO. In the agreement the concessionaire holder
is responsible for preparing counter by own money and staff. SOGO revenue
obtained from consignment sales is 73% and 27% from direct sales. P.T. PLI
operation daily known SOGO has been growing and developing well in the last
five years.
P.T. PANEN LESTARI
INTERNUSA Ownership
|
Name of Company |
Lines of Business |
Percentage of Ownership (%) |
|
Direct Ownership |
|
|
|
P.T. ALUN ALUN INDONESIA KREASI |
Retails |
99.99 |
|
P.T. PANEL SELARAS
INTIBUANA |
Retails |
99.99 |
|
ASIA RETAIL
INVESTMENT PTE, LTD. |
Investment |
100.00 |
|
P.T. PANEN GL
INDONESIA |
Retails |
99.80 |
|
P.T. PANEN
COSMETICS INDONESIA |
Retails |
99.99 |
|
P.T. SARI FOOD LESTARI |
Foods Industry |
99.99 |
|
P.T. KINOKUNIA
BUKINDO |
Books Stores (Retails) |
99.97 |
|
P.T. JAVA RETAILINDO |
Retails |
99.90 |
|
P.T. PANEN FASHION INDONESIA |
Retails |
99.99 |
|
P.T. PANEN WANGI ABADI |
Trading (Planned) |
99.99 |
|
P.T. CEMERLANG KHARISMA INTERNUSA |
Trading |
99.98 |
|
P.T. PANEN MODE INDONESIA |
Retails |
99.99 |
|
P.T. AGUNG MANDIRI LESTARI |
Retails (Planned) |
99.98 |
|
P.T. SWALAYAN SUKSES ABADI |
Retails (Planned) |
99.98 |
|
P.T. GRAHA PRIMA CEMERLANG |
Trading (Planned) |
|
Generally, the growth of supermarkets, hypermarkets, mini
markets and shopping centers has rapidly been increasing in the last five years
in the country. Besides, many markets in various parts of the world have been
experiencing adverse economic conditions. Based on the forecast from some
economists, Indonesia’s economic growth in 2015 is still challenging. Bank
Indonesia has decided to maintain the BI Rate at 7.75% based on the evaluation
of the 2015 economic outlook. This is also in line with the efforts to steer
inflation around 4% by 2015, while supporting the control of the current
account deficit to a more healthy level. The Rupiah currency is predicted to be
in the average range of Rp. 12,500 per US dollar until mid 2015. Bank Indonesia
estimates that Indonesia’s economic growth will be around 5.4 to 5.8% in 2015.
The above conditions indicate that in general, Indonesia’s economic condition
is not growing optimally and mainly focuses on maintaining economic stability.
Indonesia National Budget Plans 2015, the government has predicted the
following 2015 global economic challenges which cover; uncertain global economy
triggered by either economic downturn or economic crisis in many countries; the
risk caused by the fluctuating global commodity prices, especially the raw oil
price; commitment to support the ASEAN Economic Community (AEC); and
implementation of the global development agenda post 2015. Meanwhile, the
forecasted 2015 domestic economic challenges will cover: An increase in the
slowing down of economic growth; risk in the domestic financial market;
imbalanced payment balance sheet; and reduced social gap. It is estimated that
industrial growth equal to or less compared to the previous
year.
According to financial statement of P.T. PLI as per 31 December
2012 the sales turnover of has amounted of Rp. 1,758.1 billion with a net
profit of at least Rp. 97.2 billion increased to Rp. 2,146.3 billion with a net
profit of at least Rp. 59.0 billion in 2013. We estimated the sales turnover in
2014 amounted at Rp. 2,350.0 billion with a net profit of at least Rp. 97.0
billion in 2014 and projected to go on rising by at least 5% in 2015. The
company has an estimated total networth of at least Rp. 550.0 billion. So far,
we did not heard that the company having been black listed by the Central Bank
(Bank Indonesia). The company usually pays its debts punctually to suppliers.
The financial figure as of 31 December 2012 and 2013 is attached below.
(In million Rp)
|
Descriptions |
31 December |
|
|
2013 |
2012 |
|
|
A. ASSETS |
|
|
|
a. Current Assets |
579,990 |
506,248 |
|
b. Non Current
Assets |
1,165,785 |
972,714 |
|
c. Other Assets |
56,387 |
48,540 |
|
TOTAL ASSETS =
TOTAL LIABILITIES & EQUITY |
1,741,776 |
1,478,962 |
|
B. LIABILITIES &STOCKHOLDERS EQUITY |
|
|
|
a. Current
Liabilities |
835,359 |
634,591 |
|
b. Non Current
Liabilities |
149,712 |
131,671 |
|
c. Stockholder’s
Equity : - Paid Up
Capital - Other
Comprehensive Income - Retained
Earnings Total
Stock holder’s Equity |
160,000 11,618 584,584 756,705 |
160,000 1,390 551,308 712,700 |
|
C. INCOME STATEMENT |
|
|
|
a. Sales Net |
2,146,340 |
1,758,105 |
|
b. Income From
Operation |
77,202 |
123,375 |
|
c. Net Profit
(loss) |
59,005 |
97,254 |
Notes: 31 December 2012 and 2013 by KAP Osman Bing Satrio &
Eny (Deloitte)
LOCAL COURTS & MEDIA CHECKS
|
a. Criminal Check
Based information from Jakarta
District Police that, P.T. PANEN LESTARI INTERNUSA has never involved in criminal
report. Therefore there is no criminal report that registered on the name of
P.T. PANEN LESTARI INTERNUSA.
b. Bankruptcy Check
We have observed to the Commercial
Court in Indonesia, there is no bankruptcy report that registered on the name
of P.T. PANEN LESTARI INTERNUSA. No found nationwide for the previous several
years.
c. Litigation Checks
We have observed to the Court in
Indonesia, there is no litigation report that registered on the name of the
Subject. P.T. PANEN LESTARI INTERNUSA and his companies are not engaged in any
material litigation, claims and/or arbitration, either as plaintiff or
defendant and have no knowledge of any proceedings, pending or threatened, or
of any facts likely to give rise to any proceedings which might materially and
adversely affect the financial position business of the companies.
No detrimental were found with the
applicant involved during the investigation. Based on some information from some reliable sources, no detrimental
records were found with the applicant involved during the investigation.
d. Local Media Checks
We have checked several local media
such as, among others: Kompas, Bisnis Indonesia, Koran Tempo, Media Indonesia,
Republika, Koran Neraca, Merdeka, the Jakarta Post, Warta Ekonomi Magazine, SWA
Magazine and others. From the mentioned above media, there is no local media
reported article on P.T. PANEN LESTARI INTERNUSA.
The management of P.T. PLI is led by Mrs. Juliani Gozali
(63) a professional manager with 19
years experience in supermarket and department stores management. Ms.
Juliani Gozali has been Commissioner of PT Mitra Adiperkasa Tbkp since 2004.
She has served as President Director of PT Panen Lestari Internusa and PT Benua
Hamparan Luas, Commissioner at PT Kinokunia Bukindo, PT Java Retailindo, PT
Mitra Garindo Perkasa, PT Panen boga Lestari, PT Satya Mulia Gema Gemilang,
Director at PT Dipasena Citra Darmaja and President Director PT Meshindo Alloy
Wheel Corporation. She was President Director PT Indonesia Prima Property Tbk
from 1999 to 2002. In 1986, she received a Bachelor's degree in Social Politics
from Universitas Jayabaya.
The company's management is handled by professional staff
in the above business. They have wide relations with private businessmen within
and outside the country. So far, we did not hear that the management of the
company being filed to the district court for detrimental cases or involved in
any business malpractices. The company’s litigation record is clean and it has
not registered with the black list of Bank of Indonesia. P.T. PANEN LESTARI
INTERNUSA (SOGO) is good fro business transaction.
List
of the OMETRACO Group Members
1.
AGUNG
OMETRACO REALTY, P.T. (Property Management)
2.
ALBERTRACO
INTERNATIONAL (Pte.) Ltd., (Trading and Investment Holding)
3. ATRACO, P.T. Asuransi (General Insurance)
4.
BALI
TURTLE ISLAND DEVELOPMENT, P.T. (Integrated Coastal Tourist Zone)
5.
BINA
SINAR AMITY, P.T. (Freight Fowarder and Werehouse Container Management)
6.
CIOMAS
ADISATWA, P.T. (Chicken Farming)
7.
COMMUNICATIONS
CABLE SYSTEM INDONESIA, P.T. (Submarine Optical Fibre Cables Manufacturing)
8.
DWIPANGGA
GULAPRIMA, P.T. (Sugar Fefinery)
9.
FLETCHER
INDONESIA, P.T. (Industrial Machinery, Assembling and Engineering)
10.
GK
GOH OMETRACO, P.T. (Commodity Future Trading)
11. GRAHA MITRA SANTOSA, P.T. (Industrial Estate Management)
12.
INDOPELL
RAYA, P.T. (Tapioca Pelletizing)
13.
INTI
INSAN SANTOSA, P.T. (Hotelry and Office Building Development)
14.
INDONESIA
INDAH LTD., P.T. (Trading)
15.
INDONESIA
PRIMA PROPERTY, P.T. (Real Estate &
Property Development)
16.
INDONESIAN
REPUBLIC MOTOR COMPANY, P.T. (Car Trading and Sole Agent)
17.
JAPFA
COMFEED INDONESIA, P.T. (Animal Feed Milling and Tapioca Pelletizing)
18.
KEMAKMURAN
TANINETRA, P.T. (Integrated Poultry Farming)
19.
LIANG
CHI INDONESIA, P.T. (Water Cooling Tower and Accessories Manufacturing)
20.
MANDALA
PRAYASA SANTOSA, P.T. (Investment Holding)
21.
MITRA
ADIPERKASA Tbk, P.T. (General Trading and Investment Holding)
22.
MITRA
GAYA INDAH, P.T. (Shoe Multi Brand Shops Management)
23.
MULTIBREEDER
ADIRAMA INDONESIA, P.T. (DOC (Day Old Chick) Farming and Investment Holding)
24.
MULTIGUNA
LATEXMAS, P.T. (Rubber Glove and Condom Manufacturing0
25.
MULTIFARM
ADIPUTRA INDONESIA, P.T. (Poultry Parenstock Breeding Farm Hatchery)
26.
MULTIPHALA
AGRINUSA, P.T. (Animal Feed Manufacturing)
27.
MULTIROTAN
ADIWISESA, P.T. (Rattan Furniture Manufacturing)
28.
NATIONAL
SEMI-CONDUCTOR INDONESIA, P.T. (Semi Conductor and IC Manufacturing)
29.
NILAM
TERANG INDONESIA (NITRIN), P.T. (Graphic Printing and Packaging)
30. NURANI MUKTI INDAH, P.T. (Trading)
31.
OMEDATA
ELECTRONIC, P.T. (Electronic Component Manufacturing)
32.
OMETRACO,
P.T. (Investment Holding and Distributor of Industrial Machinery, Technical
Goods and Office Machinery and Equipment)
33. OMETRACO ARIA SAMANTHA, P.T. (General Trading)
34.
OMETRACO
CORPORATION, P.T. (Financial Services and Investment Holding)
35.
OMETRACO
FINANCE, P.T. (Financing)
36.
OMETRACO
HOTEL INVESTMENT, P.T. (Hotelry)
37.
OMETRACO
METAL WORKS, P.T. (Metal Working)
38.
PANEN
LESTARI INTERNUSA, P.T. (Supermarket & Department Store Management)
39.
PECETE
PERKASA, P.T. (Cooling Tower and System Manufacturing)
40.
PLAZA
INDONESIA REALTY P.T. (Shipping Centre, Hotel, Recreation Centre and Office
Block Rental Management)
41.
POLY
UNGGUL, P.T. (Plastic Pipe and Imitation Leather Manufacturing)
42.
PRIMA
CEYLOND Ltd., P.T. (Flour Milling)
43.
PUTERA
OMETRACO ELECTRIC, P.T. (Electric and Telephone Cable Manufacturing)
44.
RAJAWALI
WIRA BHAKTI UTAMA, P.T. (Investment Holding and Trading)
45.
SOESANCO,
P.T. (Trading)
46.
SUNTORYFOOD
CORPORATION, P.T. (Trading and Import of Fresh Meat)
47.
SURI
TANI PEMUKA, P.T. (Integrated Shrimp Freezing, Chicken Freezing and Flake Ice
Industry)
48.
SURYA
BAY SAKTI, P.T. (Hotelry)
49.
TRAFINDO
PERKASA, P.T. (Transformer Manufacturing)
50.
TRANSUTAMA
POSINDO, P.T. (Cars Rental Services)
51.
TRI
ELKAINDO PERKASA, P.T. (Distribution of Technical Goods)
52.
TRIYASA
TAMIHAN, P.T. (Investment Holding)
53.
WISMA
MULTI, P.T. (Real Estate Development)
54.
WISMA
OMETRACO PERKASA, P.T. (Modern Office Block Rental and Development)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.10 |
|
|
1 |
Rs.100.89 |
|
Euro |
1 |
Rs.73.96 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.