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MIRA INFORM REPORT
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Report No. : |
492196 |
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Report Date : |
23.02.2018 |
IDENTIFICATION DETAILS
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Name : |
SG CRABS WORLD LIMITED |
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Registered Office : |
MEC Road, Thida Myaing Quarter, Kyauktan Township,
Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
01.01.2015 |
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Com. Reg. No.: |
1000 FC/2014-2015 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of Other Food, including Fish,
Crustaceans and Molluscs |
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No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Myanmar |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
Company
Summary
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Business Name |
SG CRABS WORLD LIMITED |
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Country |
MYANMAR |
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Company Registration Number |
1000 FC/2014-2015 |
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Main Activity Code |
4638 |
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Main Activity Description |
Wholesale of other food, including fish,
crustaceans and molluscs |
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Company Status |
Active (Active) |
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Latest Turnover Figure |
- |
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Latest Shareholder Equity Figure |
- |
Basic
Information
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Business Name |
SG CRABS WORLD LIMITED |
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Registered Company Name |
SG CRABS WORLD LIMITED |
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Company Registration Number |
1000 FC/2014-2015 |
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Country |
MYANMAR |
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VAT Registration Number |
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VAT Registration Date |
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Date of Company Registration |
2015-01-05 |
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Date of Starting Operations |
2015-01-01 |
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Commercial Court |
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Legal Form |
Limited Liability Company |
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Type of Ownership |
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Company Status |
Active (Active) |
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Principal Activity Code |
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Principal Activity Description |
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Contact Telephone Number |
+95 9795889422 |
Main
Address
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Address |
Country |
Telephone |
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MEC Road, Thida Myaing Quarter,Kyauktan Township,
Yangon. |
MYANMAR |
+95 9795889422 |
Other
Address
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No other addresses for this company. |
Previous
Address
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Address
Country |
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MEC Road,
Thida Myaing Quarter, Kyauktan Township, Yangon. MYANMAR |
Activities
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Activity Code Activity Description |
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4638 Wholesale of other food, including fish, crustaceans and molluscs |
Email
Addresses
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Web
Pages
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No web pages for this company. |
Employee
Information
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Date Reported Number of Employees |
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2018 Unknown |
Banker
Information
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No banker information for this company. |
Advisors
Information
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No advisor information for this company. |
Miscellaneous
Information
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Fax Number |
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Export Countries |
US |
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Import Countries |
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Additional Business Information |
The subject is engaged in sale of crustacean
products, such as frozen soft shell crab (Scylla serrata) and related
products. |
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Additional Rating Information |
In advancing credit it is advised that a bank
guarantee be obtained. |
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Additional Payment Information |
Payment history: No payment history is available. |
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Additional Financial Information |
Private companies in Myanmar are not required to
disclose financial statements and it was not possible to obtain more
financial details. |
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Number of Employees at Address |
Unknown |
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Number of Employees at Group |
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Number of Employees at Factory |
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Additional
Miscellaneous Information
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Line of Business |
Consumer goods wholesale |
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Industry Division |
Wholesale trade |
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Responsible Register |
Directorate of Investment and Company
Administration |
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Remarks |
Duration: January 4, 2020 (expiry date for the
official registry) |
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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. |
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Operations And Branches |
At the address, MEC Road, Thida
Myaing Quarter, Kyauktan Township, Yangon, we find the
subject's head
office.Additional contacts:Mobile: +95 98769533 Mobile: +95 98762840 |
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Legal Domicile |
Kyauktan Township, Myanmar |
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Owners/-s |
The name of the shareholders and the exact
percentage were not disclosed. |
Financial
Information
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No financial information for this company. |
Current
Directors
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Name |
Gender |
Position |
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Ang Phuay Fern |
Unknown |
Director |
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Khoo Yap Hock Cheng |
Unknown |
Director |
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Lee Shih Yao |
Unknown |
Director |
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Lu Yeo Lee |
Unknown |
Director |
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Maung Sitt |
Unknown |
Director |
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Ng Bak Hwa |
Unknown |
Director |
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Pe Win |
Unknown |
Director |
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Ng Bak Kuang |
Unknown |
Chief Executive Officer |
Previous
Directors
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No previous directors for this company. |
Share
Capital Structure
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No share capital information for this company |
Group
Structure
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No group structure information for this company |
Negative
Information
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Public information: No legal information is
available. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.05 |
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1 |
INR 90.41 |
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Euro |
1 |
INR 79.83 |
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MMK |
1 |
INR 0.049 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRI |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
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Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.