MIRA INFORM REPORT

Report No. :	502464
Report Date :	13.04.2018

IDENTIFICATION DETAILS

Name :	AUNG HTUT KHAUNG TRADING COMPANY LIMITED
Registered Office :	24/26, Rm 404, 4th Flr, 37th St., Lower Middle Block, Kyauktada Township, Yangon
Country :	Myanmar
Date of Incorporation :	02.06.2009
Com. Reg. No.:	239/2009-2010
Legal Form :	Company Limited by Shares
Line of Business :	· Wholesale of other intermediate products · Non-specialized wholesale trade
No. of Employees :	20 [2018]

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

B

Credit Rating	Explanation	Rating Comments
B	Medium Risk	Business dealings permissible on a regular monitoring basis

Status :	Moderate
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

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
Myanmar	B1	B1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

Company Summary
Business Name	AUNG HTUT KHAUNG TRADING COMPANY LIMITED
Country	MYANMAR
Company Registration Number	239/2009-2010
Main Activity Code	4676
Main Activity Description	Wholesale of other intermediate products
Company Status	Active (Active)
Latest Turnover Figure	-
Latest Shareholder Equity Figure	-

Basic Information
Business Name	AUNG HTUT KHAUNG TRADING COMPANY LIMITED
Registered Company Name	AUNG HTUT KHAUNG TRADING COMPANY LIMITED
Company Registration Number	239/2009-2010
Country	MYANMAR
VAT Registration Number
VAT Registration Date
Date of Company Registration	2009-06-02
Date of Starting Operations
Commercial Court
Legal Form	Company Limited by Shares
Type of Ownership
Company Status	Active (Active)
Principal Activity Code
Principal Activity Description
Contact Telephone Number	+95 1391268, +95 95025988, +95 9785025988

Main Address
Address	Country	Telephone
24/26, Rm 404, 4th Flr, 37th St., Lower Middle Block, Kyauktada Township, Yangon	MYANMAR	+95 1391268, +95 95025988, +95 9785025988

Other Address

No other addresses for this company.

Previous Address

No previous addresses for this company.

Activities
Activity Code	Activity Description
4676	Wholesale of other intermediate products
4690	Non-specialized wholesale trade

Email Addresses

ahktcl@gmail.com

Web Pages

No web pages for this company.

Employee Information

Date Reported Number of Employees

2018 20

Banker Information

No banker information for this company.

Advisors Information

No advisor information for this company.

Miscellaneous Information
Fax Number
Export Countries
Import Countries
Additional Business Information	The subject engaged in providing trading services.
Additional Rating Information	In advancing credit it is advised that a bank guarantee be obtained.
Additional Payment Information	No payment history is available.
Additional Financial Information	Private companies in Myanmar are not required to publish or disclose balance sheets. Balance sheets are not available from other sources.
Number of Employees at Address	20
Number of Employees at Group
Number of Employees at Factory

Additional Miscellaneous Information
Comments about your request	The address provided in the order corresponds to the subject's register address. Please find also the subject's head office address in this report.
Established	2009 “The supplier could get only information on year, not month and day at this time.”
Line of Business	Consumer goods wholesale
Industry Division	Wholesale trade
Responsible Register	Directorate of Investment and Company Administration
Additional Address	Building (24), Room (404), (37th) Street, Kyauktada Township, Yangon, Myanmar
Remarks	Note: June 1, 2019 (expiry date for the official registry)
Sanctions List	We did not find the company included on the various international sanctions lists, such as the OFAC (Office of Foreign Assets Control), the BIS (Bureau of Industry and Security), the European Union Restrictive measures (sanctions) list, the Export Control Organisation (ECO) of the UK, the Australian Department of Foreign Affairs and Trade.
Operation and Branches	At the address, 24/26, Rm 404, 4th Flr, 37th St., Lower Middle Block, Kyauktada Township, Yangon, Myanmar, we find the subject's head office. At the address, Building (24), Room (404), (37th) Street, Kyauktada Township, Yangon, Myanmar, we find the subject's registered office. Additional address: No.169, 28th street, Groung floor, Pabedan Twonship, Yangon. Additional contact: Mobile: +95 9796977706.
Company's Background	We were unable to obtain the subject's tax number and capital amount

Financial Information

No financial information for this company.

Current Directors
Name	Gender	Position
Boby	Unknown	Director
Kumar, Umesh	Unknown	Chief Executive Officer

Previous Directors

No previous directors for this company.

Share Capital Structure

Nominal Share Capital

Issued Share Capital

Shareholders
Shareholder	Address	% Shares Held
U Umesh Kumar	Myanmar	90
U Suresh Prasad	Myanmar	10

Group Structure

No group structure information for this company

Negative Information

Public information: No legal actions determined.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 65.35
UK Pound	1	INR 92.70
Euro	1	INR 80.80
MMK	1	INR 0.049

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	PRI
Report Prepared by :	TPT

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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.