|
|
|
MIRA INFORM REPORT
|
Report No. : |
516104 |
|
Report Date : |
26.06.2018 |
IDENTIFICATION DETAILS
|
Name : |
DYNAPOLYMER SDN. BHD. |
|
|
|
|
Formerly Known As : |
BIOTECH DOLLARS SDN. BHD. |
|
|
|
|
Registered Office : |
D-15-03, Emerald Avenue, Jalan Ps11, Prima
Selayang, 68100 Batu Caves, Selangor |
|
|
|
|
Country : |
Malaysia |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
01.04.2013 |
|
|
|
|
Com. Reg. No.: |
1040571-A |
|
|
|
|
Legal Form : |
Private Limited (Limited By Share) |
|
|
|
|
Line of Business : |
The Subject is principally engaged in trading synthetic and natural rubber
materials, compounded rubber, master batch, rubber products of chemical. |
|
|
|
|
No. of Employees : |
10 [2018] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
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.
EXECUTIVE SUMMARY
|
|
REGISTRATION NO. |
: |
1040571-A |
|
GST NO. |
: |
000474742784 |
|
COMPANY NAME |
: |
DYNAPOLYMER SDN. BHD. |
|
FORMER NAME |
: |
BIOTECH DOLLARS SDN. BHD.
(13/06/2013) |
|
INCORPORATION DATE |
: |
01/04/2013 |
|
COMPANY STATUS |
: |
EXIST |
|
LEGAL FORM |
: |
PRIVATE LIMITED (LIMITED BY
SHARE) |
|
LISTED STATUS |
: |
NO |
|
REGISTERED ADDRESS |
: |
D-15-03, EMERALD AVENUE,
JALAN PS11, PRIMA SELAYANG, 68100 BATU CAVES, SELANGOR, MALAYSIA. |
|
BUSINESS ADDRESS |
: |
NO 9-1,JALAN USJ 10/1G,USJ TAIPAN
CREST, 47620 SUBANG JAYA, SELANGOR, MALAYSIA. |
|
TEL.NO. |
: |
03-56365444 |
|
FAX.NO. |
: |
03-56365444 |
|
MOBILE NO. |
: |
0123816116 |
|
CONTACT PERSON |
: |
TAN SENG KEONG ( DIRECTOR ) |
|
INDUSTRY CODE |
: |
46201 |
|
PRINCIPAL ACTIVITY |
: |
TRADING SYNTHETIC AND
NATURAL RUBBER MATERIALS, COMPOUNDED RUBBER, MASTER BATCH, RUBBER PRODUCTS OF
CHEMICAL |
|
AUTHORISED CAPITAL |
: |
MYR 100,000.00 DIVIDED INTO |
|
ISSUED AND PAID UP CAPITAL |
: |
MYR 100,000.00 DIVIDED INTO |
|
SALES |
: |
MYR 2,431,058 [2016] |
|
NET WORTH |
: |
MYR 308,488 [2016] |
|
STAFF STRENGTH |
: |
10 [2018] |
|
LITIGATION |
: |
CLEAR |
|
DEFAULTER CHECK |
: |
CLEAR |
|
FINANCIAL CONDITION |
: |
STRONG |
|
PAYMENT |
: |
NO COMPLAINTS |
|
MANAGEMENT CAPABILITY |
: |
AVERAGE |
|
COMMERCIAL RISK |
: |
N/A |
|
CURRENCY EXPOSURE |
: |
N/A |
|
GENERAL REPUTATION |
: |
SATISFACTORY |
|
INDUSTRY OUTLOOK |
: |
MARGINAL GROWTH |
HISTORY / BACKGROUND
|
The Subject is a private limited company and is allowed to have a
minimum of one and a maximum of forty-nine shareholders. As a private limited
company, the Subject shall have a minimum one director. A private limited company
is a separate legal entity from its shareholders. As a separate legal entity,
the Subject is capable of owning assets, entering into contracts, sue or be
sued by other companies. The liabilities of the shareholders are to the extent
of the equity they have taken up and the creditors cannot claim on
shareholders' personal assets even if the Subject is insolvent. The Subject is
governed by the Companies Act, 1965 and the company must file its annual
returns, together with its financial statements with the Registrar of
Companies.
The Subject is principally engaged in the (as a / as an) trading
synthetic and natural rubber materials, compounded rubber, master batch, rubber
products of chemical.
The Subject is not listed on Bursa Malaysia (Malaysia Stock Exchange).
Former Address(es)
|
Address |
As At Date |
|
18B (2ND FLOOR) JALAN 2/6,
DATARAN TEMPLER, BANDAR BARU SELAYANG, 68100, SELANGOR, MALAYSIA |
19/12/2017 |
|
49-1A, JALAN BANDAR 12,
PUSAT BANDAR PUCHONG, 47160, SELANGOR, MALAYSIA |
25/03/2014 |
|
E-33A-05, DATARAN 32, 2,
JALAN 19/1, 46300, SELANGOR, MALAYSIA |
28/05/2013 |
|
NO 35-1,, JALAN USJ 10/1G,
USJ TAIPAN CREST, 47620, SELANGOR, MALAYSIA |
28/08/2015 |
Share Capital
History
|
Date |
Authorised Shared Capital |
Issue & Paid Up Capital |
|
13/11/2013 |
MYR 100,000.00 |
MYR 100,000.00 |
|
01/04/2013 |
MYR 100,000.00 |
MYR 2.00 |
The major shareholder(s) of
the Subject are shown as follows :
Current Shareholder(s) :
|
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
MR. TAN SENG KEONG + |
93B, LORONG TEH ENG SUAN 3,
KAMPUNG CHAMANG, 28700 BENTONG, PAHANG, MALAYSIA. |
750530-14-5737 A3012582 |
35,000.00 |
35.00 |
|
MR. S ARSHAD @ ASMIPUDIN BIN
MOHD ALI JINNAH + |
27, USJ 6/2G, TAMAN
SEAFIELDS, 47610 SUBANG JAYA, SELANGOR, MALAYSIA. |
780818-14-5805 |
30,000.00 |
30.00 |
|
FAIRMONT VENTURES SDN. BHD. |
2, JALAN WAWASAN 3/KU 7,
SUNGAI KAPAR INDAH, 42200 KAPAR, SELANGOR, MALAYSIA. |
406644U |
35,000.00 |
35.00 |
|
--------------- |
------ |
|||
|
100,000.00 |
100.00 |
|||
|
============ |
===== |
+ Also Director
Former Shareholder(s) :
|
Name |
Country |
IC/PP/Loc No |
Shareholding |
Last Updated |
|
BRIDGE FIELDS RESOURCES SDN.
BHD. |
MALAYSIA |
693996W |
35,000.00 |
26/03/2018 |
|
FATIMAH BINTI SULAIMAN |
MALAYSIA |
521222-08-6158 |
N/A |
16/08/2013 |
|
SHAAH BEGUM BINTI KADAR
BASHAH |
MALAYSIA |
770825-14-6110 |
N/A |
16/08/2013 |
DIRECTORS
|
DIRECTOR 1
|
Name Of Subject |
: |
MR. TEH KENG HOOI |
|
Address |
: |
69, USJ 16/3C, 47630 SUBANG
JAYA, SELANGOR, MALAYSIA. |
|
IC / PP No |
: |
4710956 |
|
New IC No |
: |
541111-07-5753 |
|
Date of Birth |
: |
11/11/1954 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
29/05/2013 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
1040571A |
DYNAPOLYMER SDN. BHD. |
Director |
29/05/2013 |
0.00 |
- |
MYR97,579.00 |
2016 |
- |
28/05/2018 |
|
2 |
733351K |
FAIRMONT PROPERTIES SDN.
BHD. |
Director |
11/05/2006 |
0.00 |
- |
MYR(39,939.00) |
2016 |
- |
28/05/2018 |
|
3 |
406644U |
FAIRMONT VENTURES SDN. BHD. |
Director |
01/01/2004 |
1,250,000.00 |
50.00 |
MYR189,956.00 |
2011 |
- |
28/05/2018 |
|
4 |
515474K |
GPE GOLF SERVICES SDN. BHD. |
Director |
24/11/2006 |
0.00 |
- |
MYR(2,920.00) |
2016 |
- |
28/05/2018 |
|
5 |
630958T |
NASCHEM TRADING SDN. BHD. |
Director |
23/11/2004 |
0.00 |
- |
MYR9,206.00 |
2016 |
- |
28/05/2018 |
|
6 |
470398H |
RECSPORTS INTERNATIONAL SDN.
BHD. |
Director |
16/10/1998 |
0.00 |
- |
MYR(126,694.00) |
2016 |
- |
28/05/2018 |
|
7 |
661265A |
SPORTSCITY (M) SDN. BHD. |
Director |
29/07/2004 |
0.00 |
- |
MYR(225,737.00) |
2016 |
- |
28/05/2018 |
|
8 |
661673M |
SPORTSCITY BUKIT JAMBUL SDN.
BHD. |
Director |
04/08/2004 |
0.00 |
- |
MYR(2,963.00) |
2016 |
- |
28/05/2018 |
|
9 |
623624X |
SPORTSCITY PERAI SDN. BHD. |
Director |
30/06/2006 |
0.00 |
- |
MYR5,752.00 |
2016 |
- |
28/05/2018 |
|
10 |
661674H |
SPORTSCITY SELAYANG SDN.
BHD. |
Director |
04/08/2004 |
0.00 |
- |
MYR(202,725.00) |
2016 |
- |
28/05/2018 |
|
11 |
276798U |
SYSPOR (M) SDN. BHD. |
Director |
22/09/1993 |
0.00 |
- |
MYR(865,284.00) |
2016 |
- |
28/05/2018 |
|
12 |
173357T |
TITIWANG MARKETING SDN. BHD. |
Director |
25/08/1988 |
60,000.00 |
30.00 |
MYR(67,281.00) |
2017 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
1171296W |
AIRELASTIC INDUSTRIES SDN.
BHD. |
Director |
06/01/2016 |
25/04/2016 |
- |
- |
|
2 |
1171296W |
AIRELASTIC INDUSTRIES SDN.
BHD. |
Shareholder |
- |
- |
1 |
- |
|
3 |
464734X |
FAIRMONT INDUSTRIES SDN.
BHD. |
Director |
26/06/1998 |
26/09/2017 |
- |
- |
|
4 |
614183U |
GPE GOLF CAR SDN. BHD. |
Director |
28/05/2007 |
30/04/2018 |
- |
In the process of striking
off |
DIRECTOR 2
|
Name Of Subject |
: |
DATO' ABDULLAH SANI BIN ABD
KARIM |
|
Address |
: |
12A, LORONG PJU 7/21B,
MUTIARA DAMANSARA, 47800 PETALING JAYA, SELANGOR, MALAYSIA. |
|
Other Address(es) |
: |
55 JALAN SS22/19, DAMANSARA
JAYA, 47400 PETALING JAYA, MALAYSIA. |
|
IC / PP No |
: |
4630279 |
|
New IC No |
: |
540606-05-5311 |
|
Date of Birth |
: |
06/06/1954 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
13/11/2013 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
194297A |
A-SANI BUILDERS SDN. BHD. |
Director |
02/03/1990 |
499,992.00 |
100.00 |
MYR(11,412.00) |
2017 |
- |
28/05/2018 |
|
2 |
194476A |
A. SANI & ASSOCIATES
SDN. BHD. |
Director |
06/03/1990 |
99,998.00 |
100.00 |
MYR3,977,410.00 |
1999 |
- |
28/05/2018 |
|
3 |
616432X |
A. SANI IMAGING SDN. BHD. |
Director |
27/05/2003 |
9,000.00 |
90.00 |
MYR(12,275.00) |
2017 |
- |
28/05/2018 |
|
4 |
761629T |
A. SANI KW (KV) SDN. BHD. |
Director |
05/02/2007 |
0.00 |
- |
MYR(256,481.00) |
2017 |
- |
28/05/2018 |
|
5 |
617282A |
A. SANI KW SDN. BHD. |
Director |
03/06/2003 |
600,000.00 |
54.55 |
MYR(9,807.00) |
2017 |
- |
28/05/2018 |
|
6 |
194283A |
ARMADA ASK SDN. BHD. |
Director |
02/03/1990 |
27,000.00 |
90.00 |
MYR(73,216.00) |
2017 |
- |
28/05/2018 |
|
7 |
599421H |
ASARET SDN. BHD. |
Director |
21/11/2002 |
90,000.00 |
90.00 |
MYR109,641.00 |
2017 |
- |
28/05/2018 |
|
8 |
567768U |
DELIGATEAUX (M) SDN. BHD. |
Director |
29/08/2003 |
250,000.00 |
50.00 |
MYR13,914.00 |
2017 |
- |
28/05/2018 |
|
9 |
841559T |
DG CAFE SDN. BHD. |
Director |
16/12/2008 |
1.00 |
33.33 |
MYR(7,172.00) |
2017 |
- |
28/05/2018 |
|
10 |
844593W |
DG RETAIL SDN. BHD. |
Director |
16/01/2009 |
1.00 |
33.33 |
MYR(4,417.00) |
2017 |
- |
28/05/2018 |
|
11 |
667871U |
DREAM WORK PRO-DIGITAL LAB
SDN. BHD. |
Director |
28/02/2006 |
0.00 |
- |
MYR107,883.00 |
2014 |
Disolved by Registrar |
28/05/2018 |
|
12 |
1040571A |
DYNAPOLYMER SDN. BHD. |
Director |
13/11/2013 |
0.00 |
- |
MYR97,579.00 |
2016 |
- |
28/05/2018 |
|
13 |
733351K |
FAIRMONT PROPERTIES SDN.
BHD. |
Director |
11/05/2006 |
0.00 |
- |
MYR(39,939.00) |
2016 |
- |
28/05/2018 |
|
14 |
406644U |
FAIRMONT VENTURES SDN. BHD. |
Director |
29/12/2000 |
1,250,000.00 |
50.00 |
MYR189,956.00 |
2011 |
- |
28/05/2018 |
|
15 |
614183U |
GPE GOLF CAR SDN. BHD. |
Director |
28/11/2003 |
24,500.00 |
98.00 |
MYR(2,720.00) |
2016 |
In the process of striking
off |
28/05/2018 |
|
16 |
515474K |
GPE GOLF SERVICES SDN. BHD. |
Director |
28/11/2003 |
98,000.00 |
98.00 |
MYR(2,920.00) |
2016 |
- |
28/05/2018 |
|
17 |
630958T |
NASCHEM TRADING SDN. BHD. |
Director |
23/11/2004 |
0.00 |
- |
MYR9,206.00 |
2016 |
- |
28/05/2018 |
|
18 |
109028X |
PAKATAN INT'L PMC SDN. BHD. |
Shareholder |
- |
38,500.00 |
35.00 |
MYR(114,303.00) |
2009 |
Disolved by Registrar |
28/05/2018 |
|
19 |
470398H |
RECSPORTS INTERNATIONAL SDN.
BHD. |
Director |
16/10/1998 |
0.00 |
- |
MYR(126,694.00) |
2016 |
- |
28/05/2018 |
|
20 |
599139P |
RETASA SDN. BHD. |
Director |
19/11/2002 |
282,000.00 |
94.00 |
MYR(38,749.00) |
2017 |
- |
28/05/2018 |
|
21 |
714317V |
S & W DIGITAL IMAGING
(M) SDN. BHD. |
Director |
31/10/2005 |
150,000.00 |
30.00 |
MYR102,882.00 |
2014 |
Winding-Up by Member
Voluntary |
28/05/2018 |
|
22 |
42024H |
SANDEN AIR CONDITIONING (MALAYSIA)
SDN BHD |
Director |
01/11/2013 |
0.00 |
- |
MYR(1,769,000.00) |
2017 |
- |
28/05/2018 |
|
23 |
661265A |
SPORTSCITY (M) SDN. BHD. |
Director |
29/07/2004 |
0.00 |
- |
MYR(225,737.00) |
2016 |
- |
28/05/2018 |
|
24 |
661673M |
SPORTSCITY BUKIT JAMBUL SDN.
BHD. |
Director |
04/08/2004 |
0.00 |
- |
MYR(2,963.00) |
2016 |
- |
28/05/2018 |
|
25 |
623624X |
SPORTSCITY PERAI SDN. BHD. |
Director |
31/07/2003 |
0.00 |
- |
MYR5,752.00 |
2016 |
- |
28/05/2018 |
|
26 |
661674H |
SPORTSCITY SELAYANG SDN.
BHD. |
Director |
04/08/2004 |
0.00 |
- |
MYR(202,725.00) |
2016 |
- |
28/05/2018 |
|
27 |
276798U |
SYSPOR (M) SDN. BHD. |
Director |
15/09/1995 |
0.00 |
- |
MYR(865,284.00) |
2016 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
1171296W |
AIRELASTIC INDUSTRIES SDN.
BHD. |
Director |
06/01/2016 |
25/04/2016 |
- |
- |
|
2 |
1171296W |
AIRELASTIC INDUSTRIES SDN.
BHD. |
Shareholder |
- |
- |
1 |
- |
|
3 |
457461X |
DIAGNOSTIC SYSTEMS (M) SDN.
BHD. |
Director |
07/02/1998 |
30/08/1999 |
- |
- |
|
4 |
775465T |
EPHOTO HOUSE IMAGING SDN.
BHD. |
Director |
31/05/2007 |
29/07/2009 |
- |
- |
|
5 |
775465T |
EPHOTO HOUSE IMAGING SDN.
BHD. |
Shareholder |
- |
- |
1.00 |
- |
|
6 |
107612D |
FABER DEVELOPMENT HOLDINGS
SDN. BHD. |
Director |
15/10/2007 |
12/05/2016 |
- |
- |
|
7 |
464734X |
FAIRMONT INDUSTRIES SDN.
BHD. |
Director |
26/06/1998 |
26/09/2017 |
- |
- |
|
8 |
237940V |
HB INTEGRATED PROJECTS SDN.
BHD. |
Director |
05/05/1992 |
12/08/1999 |
- |
- |
|
9 |
8047P |
KELAB GOLF NEGARA SUBANG |
Director |
15/06/2014 |
05/06/2016 |
- |
- |
|
10 |
304034U |
RIMBUNAN MELATI SDN. BHD. |
Director |
09/05/2013 |
12/05/2016 |
- |
- |
|
11 |
5067M |
UEM EDGENTA BERHAD |
Director |
09/05/2013 |
12/05/2016 |
- |
- |
DIRECTOR 3
|
Name Of Subject |
: |
MR. S ARSHAD @ ASMIPUDIN BIN
MOHD ALI JINNAH |
|
Address |
: |
27, USJ 6/2G, TAMAN
SEAFIELDS, 47610 SUBANG JAYA, SELANGOR, MALAYSIA. |
|
New IC No |
: |
780818-14-5805 |
|
Date of Birth |
: |
18/08/1978 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
29/05/2013 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
1171296W |
AIRELASTIC INDUSTRIES SDN.
BHD. |
Director |
25/04/2016 |
0.00 |
- |
MYR(32,202.00) |
2016 |
- |
28/05/2018 |
|
2 |
1206986U |
ARA CERIA SDN. BHD. |
Shareholder |
- |
300,000.00 |
30.00 |
- |
2016 |
- |
28/05/2018 |
|
3 |
809621K |
BRIDGE FIELD POLYMER SDN. BHD. |
Director |
12/03/2008 |
1.00 |
50.00 |
MYR(2,497.00) |
2012 |
- |
28/05/2018 |
|
4 |
693996W |
BRIDGE FIELDS RESOURCES SDN.
BHD. |
Director |
23/12/2005 |
1,499,999.00 |
100.00 |
MYR485,393.00 |
2015 |
- |
28/05/2018 |
|
5 |
1040571A |
DYNAPOLYMER SDN. BHD. |
Director |
29/05/2013 |
30,000.00 |
30.00 |
MYR97,579.00 |
2016 |
- |
28/05/2018 |
|
6 |
914745D |
GENASHTIM SDN. BHD. |
Director |
13/02/2013 |
279,999.00 |
100.00 |
MYR81,452.00 |
2017 |
- |
28/05/2018 |
|
7 |
1194330P |
KIOSK VIEW SDN. BHD. |
Director |
13/07/2016 |
20,000.00 |
20.00 |
- |
2016 |
- |
28/05/2018 |
|
8 |
1274463U |
LONGMA RUBBAPALM RESOURCES
SDN. BHD. |
Director |
30/03/2018 |
50.00 |
50.00 |
- |
2016 |
- |
28/05/2018 |
|
9 |
943887D |
PRO NOVA LOGISTICS SDN. BHD. |
Shareholder |
- |
6,000.00 |
60.00 |
MYR9,169.00 |
2015 |
- |
28/05/2018 |
|
10 |
1226823A |
SPEED FIELDS SDN. BHD. |
Director |
13/04/2017 |
100,000.00 |
100.00 |
- |
2016 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
982339T |
DJ PROTECTIVE CONSULTANCY
SERVICES SDN. BHD. |
Director |
11/03/2013 |
14/07/2014 |
- |
- |
|
2 |
982339T |
DJ PROTECTIVE CONSULTANCY
SERVICES SDN. BHD. |
Shareholder |
- |
- |
100000.00 |
- |
|
3 |
643009P |
KAISER RYSSENT SDN. BHD. |
Director |
26/03/2008 |
13/08/2010 |
- |
- |
|
4 |
943887D |
PRO NOVA LOGISTICS SDN. BHD. |
Director |
01/07/2014 |
21/09/2015 |
- |
- |
DIRECTOR 4
|
Name Of Subject |
: |
MR. TAN SENG KEONG |
|
Address |
: |
93B, LORONG TEH ENG SUAN 3,
KAMPUNG CHAMANG, 28700 BENTONG, PAHANG, MALAYSIA. |
|
IC / PP No |
: |
A3012582 |
|
New IC No |
: |
750530-14-5737 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
28/04/2015 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
1040571A |
DYNAPOLYMER SDN. BHD. |
Director |
28/04/2015 |
35,000.00 |
35.00 |
MYR97,579.00 |
2016 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
377828A |
EXODUS SDN. BHD. |
Shareholder |
- |
- |
3000.00 |
- |
FORMER DIRECTOR(S)
|
|
Name |
Address |
IC/PP No |
Appointed Date |
Withdrawn Date |
|
SHAIRAH BEGUM BINTI KADAR
BASHAH |
BLOK J-7-7, DESA REJANG,,
PERSIARAN REJANG, SETAPAK JAYA, KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA |
770825-14-6110 |
01/04/2013 |
29/05/2013 |
|
FATIMAH BINTI SULAIMAN |
BLOK M-2-8, DESA REJANG, PERSIARAN
REJANG, SETAPAK JAYA, KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA |
521222-08-6158 |
01/04/2013 |
29/05/2013 |
Note : The above information
was generated from our database.
MANAGEMENT
|
|
1) |
Name of Subject |
: |
TAN SENG KEONG |
|
Position |
: |
DIRECTOR |
|
AUDITOR
|
|
Auditor |
: |
C.F. NG & CO. |
|
Auditor' Address |
: |
7-7 (LEVEL 7), JALAN USJ
9/5Q, SUBANG BUSINESS CENTRE, 47620 SUBANG JAYA, SELANGOR, MALAYSIA. |
COMPANY SECRETARIES
|
|
1) |
Company Secretary |
: |
MS. SAODAH BINTI AHMAD HELME |
|
New IC No |
: |
800902-08-6540 |
|
|
Address |
: |
F1-02-03, GARDENVILLE, JALAN
SH 2/1, SELAYANG HEIGHTS, 68100 BATU CAVES, SELANGOR, MALAYSIA. |
|
|
Date of Appointment |
: |
26/03/2014 |
|
|
BANKING |
No Banker found in our databank.
|
ENCUMBRANCE (S) |
No encumbrance was found in our databank at the time of investigation.
|
CIVIL LITIGATION CHECK -
SUBJECT COMPANY AS A DEFENDANT |
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No legal action was found in our databank.
No winding up petition was found in our databank.
|
CRIMINAL RECORDS CHECK -
SUBJECT COMPANY AS A DEFENDANT |
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of the
wound up companies in Malaysia.
No criminal record was found in our databank.
|
CIVIL LITIGATION CHECK -
SUBJECT COMPANY AS A PLAINTIFF |
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No plaintiff record was found in our databank.
|
CRIMINAL RECORDS CHECK -
SUBJECT COMPANY AS A PLAINTIFF |
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No plaintiff record was found in our databank.
|
DEFAULTER CHECK AGAINST
SUBJECT |
* We have checked through the Subject in our defaulters' database which
comprised of debtors that have been listed by our customers and debtors that
have been placed or assigned to us for collection.
No defaulter record & debt collection case was found in our defaulters'
databank.
|
RED ALERT FROM CENTRAL BANK
OF MALAYSIA |
* A check has been conducted
with the Central Bank of Malaysia whether the Subject has carried out any
illegal or suspicious financial activities.
The Subject has not been
carried out any illegal money services business without licence under the Money
Services Business Act 2011.
The Subject has not been
placed under the Financial Consumer Alert list by the Central Bank of Malaysia.
|
INVESTOR ALERT BY SECURITIES
COMMISSION MALAYSIA & BURSA MALAYSIA |
* A check has been conducted
with the Securities Commission Malaysia whether the Subject has involved in any
unlicensed capital market activities under the Securities Laws and Bursa
Malaysia should the Subject is listed as Practice Note (PN) 17 or Guidance Note
(GN) 3.
The Subject has not been
carried out any unlicensed capital market activities.
PAYMENT RECORD
|
|
||
|
SOURCES OF RAW MATERIALS: |
||
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The Subject refused to disclose its suppliers.
The Subject refused to provide any name of trade/service supplier and we are
unable to conduct any trade enquiry. However, from financial historical data we
conclude that :
|
OVERALL PAYMENT HABIT |
||||||||||||||
|
Prompt 0-30 Days |
[ |
] |
Good 31-60 Days |
[ |
] |
Average 61-90 Days |
[ |
X |
] |
|||||
|
Fair 91-120 Days |
[ |
] |
Poor >120 Days |
[ |
] |
|||||||||
CLIENTELE
|
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The Subject refused to disclose its clientele.
OPERATIONS
|
|
Goods Traded |
: |
SYNTHETIC AND NATURAL RUBBER
MATERIALS, COMPOUNDED RUBBER, MASTER BATCH, RUBBER PRODUCTS OF CHEMICAL |
|
|
Total Number of Employees: |
|||||||||
|
YEAR |
2018 |
||||||||
|
|
|||||||||
|
GROUP |
N/A |
||||||||
|
COMPANY |
10 |
||||||||
|
Branch |
: |
NO |
Other Information:
The Subject is principally engaged in the (as a / as an) trading synthetic and
natural rubber materials, compounded rubber, master batch, rubber products of
chemical.
The Subject refused to disclose its operation.
RECENT DEVELOPMENT
|
We have checked with the Malaysian National News Agency's (BERNAMA) database,
but no recent development was noted during the time of inspection.
CURRENT INVESTIGATION
|
Latest fresh investigations
carried out on the Subject indicated that :
|
Telephone Number Provided By
Client |
: |
6 012 381 6116 |
|
Current Telephone Number |
: |
03-56365444 |
|
Match |
: |
YES |
|
Address Provided by Client |
: |
NO 9-1, JALAN USJ 10/1G, USJ
TAIPAN CREST 47620 SUBANG JAYA SELANGOR |
|
Current Address |
: |
NO 9-1,JALAN USJ 10/1G,USJ
TAIPAN CREST, 47620 SUBANG JAYA, SELANGOR, MALAYSIA. |
|
Match |
: |
YES |
|
Latest Financial Accounts |
: |
YES |
Other Investigations
We contacted the Director Mr Tan but he only provided limited information.
He refused to disclose the bankers.
FINANCIAL ANALYSIS
|
|
Profitability |
||||||
|
Turnover |
: |
Erratic |
[ |
2013 - 2016 |
] |
|
|
Profit/(Loss) Before Tax |
: |
Increased |
[ |
2013 - 2016 |
] |
|
|
Return on Shareholder Funds |
: |
Favourable |
[ |
31.63% |
] |
|
|
Return on Net Assets |
: |
Favourable |
[ |
39.09% |
] |
|
|
The fluctuating turnover
reflects the fierce competition among the existing and new market players.The
higher profit could be attributed to the increase in turnover. Generally the
Subject was profitable. The favourable return on shareholders' funds and
return on net assets indicate that the Subject's management was efficient in
utilising the assets to generate returns. |
||||||
|
Working Capital Control |
||||||
|
Stock Ratio |
: |
Favourable |
[ |
7 Days |
] |
|
|
Debtor Ratio |
: |
Unfavourable |
[ |
76 Days |
] |
|
|
Creditors Ratio |
: |
Favourable |
[ |
51 Days |
] |
|
|
The Subject's stocks were
moving fast thus reducing its holding cost. This had reduced funds being tied
up in stocks. The high debtors' ratio could indicate that the Subject was
weak in its credit control. However, the Subject could also giving longer credit
periods to its customers in order to boost its sales or to capture / retain
its market share. The Subject had a favourable creditors' ratio where the
Subject could be taking advantage of the cash discounts and also wanting to
maintain goodwill with its creditors. |
||||||
|
Liquidity |
||||||
|
Liquid Ratio |
: |
Favourable |
[ |
1.61 Times |
] |
|
|
Current Ratio |
: |
Unfavourable |
[ |
1.72 Times |
] |
|
|
A minimum liquid ratio of 1 should
be maintained by the Subject in order to assure its creditors of its ability
to meet short term obligations and the Subject was in a good liquidity
position. Thus, we believe the Subject is able to meet all its short term
obligations as and when they fall due. |
||||||
|
Solvency |
||||||
|
Interest Cover |
: |
Nil |
[ |
0.00 Times |
] |
|
|
Gearing Ratio |
: |
Favourable |
[ |
0.00 Times |
] |
|
|
The Subject's interest cover
was nil as it did not pay any interest during the year. The Subject had no
gearing and hence it had virtually no financial risk. The Subject was
financed by its shareholders' funds and internally generated fund. During the
economic downturn, the Subject, having a zero gearing, will be able to
compete better than those which are highly geared in the same industry. |
||||||
|
Overall Assessment : |
||||||
|
Although the turnover was
erratic, the Subject had maintained a steady growth in its profit. This
indicate the management's efficiency in controlling its costs and
profitability. The Subject was in good liquidity position with its total
current liabilities well covered by its total current assets. With its
current net assets, the Subject should be able to repay its short term
obligations. The Subject did not make any interest payment during the year.
The Subject was dependent on its shareholders' funds to finance its business
needs. The Subject was a zero gearing company, it was solely dependant on its
shareholders to provide funds to finance its business. The Subject has good
chance of getting loans, if the needs arises. |
||||||
|
Overall financial condition of
the Subject : STRONG |
||||||
|
|
||||||
MALAYSIA ECONOMIC / INDUSTRY OUTLOOK
|
|
Major Economic Indicators: |
2014 |
2015 |
2016 |
2017* |
2018** |
|
Population ( Million) |
30.0 |
31.0 |
31.6 |
32.1 |
32.9 |
|
Gross Domestic Products ( %
) |
6.0 |
4.6 |
4.2 |
5.3 |
5.4 |
|
Domestic Demand ( % ) |
6.4 |
6.2 |
4.3 |
6.3 |
6.4 |
|
Private Expenditure ( % ) |
7.9 |
6.9 |
7.8 |
7.4 |
7.3 |
|
Consumption ( % ) |
6.5 |
6.1 |
5.1 |
6.9 |
6.8 |
|
Investment ( % ) |
12.0 |
8.1 |
10.0 |
9.3 |
8.9 |
|
Public Expenditure ( % ) |
2.3 |
4.2 |
3.3 |
5.3 |
5.5 |
|
Consumption ( % ) |
2.1 |
4.3 |
2.0 |
2.7 |
1.3 |
|
Investment ( % ) |
2.6 |
(1.0) |
1.1 |
3.4 |
3.8 |
|
Balance of Trade ( MYR
Million ) |
82,480 |
91,577 |
88,145 |
94,593 |
96,993 |
|
Government Finance ( MYR
Million ) |
(37,414) |
(37,194) |
(38,401) |
(39,887) |
(39,790) |
|
Government Finance to GDP /
Fiscal Deficit ( % ) |
(3.4) |
(3.2) |
(3.1) |
(3.0) |
(2.8) |
|
Inflation ( % Change in
Composite CPI) |
3.2 |
4.0 |
2.1 |
3.5 |
3.0 |
|
Unemployment Rate |
2.9 |
3.1 |
3.4 |
3.4 |
3.3 |
|
Net International Reserves (
MYR Billion ) |
428 |
441 |
451 |
450 |
423 |
|
Average Risk-Weighted
Capital Adequacy Ratio ( % ) |
4.00 |
3.50 |
- |
- |
- |
|
Average 3 Months of
Non-performing Loans ( % ) |
2.10 |
2.00 |
1.90 |
- |
- |
|
Average Base Lending Rate (
% ) |
6.85 |
6.79 |
6.81 |
6.73 |
- |
|
Business Loans Disbursed( %
) |
18.6 |
2.2 |
- |
- |
- |
|
Foreign Investment ( MYR
Million ) |
43,486.6 |
43,435.0 |
- |
- |
- |
|
Consumer Loans ( % ) |
- |
- |
- |
- |
- |
|
Registration of New
Companies ( No. ) |
49,203 |
45,658 |
43,255 |
47,871 |
- |
|
Registration of New
Companies ( % ) |
6.1 |
(7.2) |
(5.3) |
10.7 |
- |
|
Liquidation of Companies (
No. ) |
33,226 |
34,667 |
36,778 |
38,632 |
- |
|
Liquidation of Companies ( %
) |
0.5 |
4.3 |
6.1 |
5.0 |
- |
|
Registration of New Business
( No. ) |
332,723 |
364,230 |
376,720 |
484,029 |
- |
|
Registration of New Business
( % ) |
1.0 |
9.0 |
3.0 |
29.0 |
- |
|
Business Dissolved ( No. ) |
26,966 |
- |
- |
- |
- |
|
Business Dissolved ( % ) |
48.5 |
- |
- |
- |
- |
|
Sales of New Passenger Cars
(' 000 Unit ) |
588.3 |
591.3 |
514.6 |
527.8 |
- |
|
Cellular Phone Subscribers (
Million ) |
44.0 |
44.2 |
44.0 |
- |
- |
|
Tourist Arrival ( Million
Persons ) |
27.4 |
25.7 |
30.2 |
30.1 |
- |
|
Hotel Occupancy Rate ( % ) |
63.6 |
58.8 |
61.2 |
- |
- |
|
Credit Cards Spending ( % ) |
5.8 |
6.8 |
6.3 |
- |
- |
|
Bad Cheque Offenders (No.) |
- |
- |
- |
- |
- |
|
Individual Bankruptcy ( No.) |
22,351 |
18,457 |
19,588 |
18,227 |
- |
|
Individual Bankruptcy ( % ) |
1.7 |
(17.4) |
6.1 |
(7.0) |
- |
|
INDUSTRIES ( % of Growth ): |
2014 |
2015 |
2016 |
2017* |
2018** |
|
Agriculture |
2.0 |
1.3 |
(5.1) |
5.6 |
2.4 |
|
Palm Oil |
6.7 |
7.0 |
(12.7) |
11.8 |
- |
|
Rubber |
(10.4) |
(11.0) |
(6.3) |
10.8 |
- |
|
Forestry & Logging |
(4.2) |
(7.2) |
(3.0) |
(15.0) |
- |
|
Fishing |
2.7 |
2.1 |
2.2 |
0.2 |
- |
|
Other Agriculture |
6.2 |
6.0 |
5.1 |
2.4 |
- |
|
Industry Non-Performing
Loans ( MYR Million ) |
303.8 |
343.7 |
420.3 |
- |
- |
|
% of Industry Non-Performing
Loans |
1.4 |
1.5 |
1.8 |
- |
- |
|
Mining |
3.3 |
5.3 |
2.2 |
0.5 |
0.9 |
|
Oil & Gas |
3.0 |
3.5 |
4.5 |
- |
- |
|
Other Mining |
46.6 |
47.1 |
42.6 |
- |
- |
|
Industry Non-performing
Loans ( MYR Million ) |
63.5 |
180.1 |
190.0 |
- |
- |
|
% of Industry Non-performing
Loans |
0.3 |
0.8 |
0.8 |
- |
- |
|
Manufacturing # |
6.1 |
4.9 |
4.4 |
5.5 |
5.3 |
|
Exported-oriented Industries |
7.1 |
6.5 |
4.3 |
6.5 |
- |
|
Electrical & Electronics |
11.8 |
9.2 |
6.8 |
9.3 |
- |
|
Rubber Products |
(1.3) |
5.1 |
5.0 |
6.9 |
- |
|
Wood Products |
7.8 |
7.0 |
7.8 |
7.3 |
- |
|
Textiles & Apparel |
10.8 |
7.5 |
7.5 |
7.4 |
- |
|
Domestic-oriented Industries |
7.7 |
4.7 |
3.4 |
6.2 |
- |
|
Food, Beverages &
Tobacco |
6.1 |
8.9 |
7.5 |
11.0 |
- |
|
Chemical & Chemical
Products |
1.4 |
3.5 |
4.5 |
3.5 |
- |
|
Plastic Products |
2.7 |
3.9 |
5.1 |
- |
- |
|
Iron & Steel |
2.8 |
1.6 |
2.2 |
- |
- |
|
Fabricated Metal Products |
2.8 |
4.6 |
5.6 |
4.6 |
- |
|
Non-metallic Mineral |
6.9 |
6.8 |
6.3 |
5.4 |
- |
|
Transport Equipment |
14.4 |
5.2 |
(3.1) |
4.7 |
- |
|
Paper & Paper Products |
4.7 |
3.2 |
5.4 |
5.8 |
- |
|
Crude Oil Refineries |
13.0 |
14.3 |
13.7 |
- |
- |
|
Industry Non-Performing
Loans ( MYR Million ) |
5,730.8 |
4,243.7 |
4,214.1 |
- |
- |
|
% of Industry Non-Performing
Loans |
25.6 |
19.0 |
18.5 |
- |
- |
|
Construction |
11.7 |
8.2 |
7.4 |
7.6 |
7.5 |
|
Industry Non-Performing
Loans ( MYR Million ) |
1,666.4 |
1,638.0 |
1,793.9 |
- |
- |
|
% of Industry Non-Performing
Loans |
7.5 |
7.3 |
7.9 |
- |
- |
|
Services |
6.6 |
5.1 |
5.6 |
5.9 |
5.8 |
|
Electric, Gas & Water |
3.8 |
3.6 |
5.4 |
2.5 |
2.6 |
|
Transport, Storage &
Communication |
7.70 |
7.55 |
6.85 |
7.35 |
7.30 |
|
Wholesale, Retail, Hotel
& Restaurant |
7.70 |
6.65 |
6.65 |
7.05 |
6.65 |
|
Finance, Insurance &
Real Estate |
5.15 |
2.90 |
4.70 |
5.70 |
5.90 |
|
Government Services |
6.3 |
4.0 |
4.9 |
4.4 |
4.5 |
|
Other Services |
4.8 |
4.7 |
4.8 |
5.3 |
5.3 |
|
Industry Non-Performing
Loans ( MYR Million ) |
5,373.5 |
6,806.6 |
7,190.6 |
- |
- |
|
% of Industry Non-Performing
Loans |
24.1 |
30.5 |
31.5 |
- |
- |
|
* Estimate / Preliminary |
|||||
|
** Forecast |
|||||
|
# Based On Manufacturing
Production Index |
|||||
INDUSTRY ANALYSIS
|
|
MSIC CODE |
|
|
46201 : Wholesale of rubber |
|
|
INDUSTRY : |
TRADING |
|
Malaysia's retail sales will
likely grow 3.7% in 2017, slower than previously estimated 3.9%, as consumer
sentiment remains weak amid rising cost of living in Southeast Asia's third
largest economy. |
|
|
The cut in forecast was the
second of such revision by Retail Group Malaysia, a retail consulting firm,
from an initial target of 5% retail sales expansion pace in 2017. The
estimate follows a survey of members of Malaysia Retailers Association on
their second quarter performance and outlook for the year. Retail sales grew
1.7% in 2016. |
|
|
According to Retail Group
Malaysia (RGM), Malaysian retailers have seen the sales expanded 4.9 % from
April to June 2017, reversing a dismal performance in first three months
2017. For the first six months 2016, the retail sale growth rate was 2.5 %.
However, the businesses in the next three months are not optimistic,
estimating an average growth rate of 2.9 %. The department stores cum
supermarket operators are expecting to return to red with a contraction of
2.5 %. Similarly, the department store operators expect their businesses to
dip with a negative 1.5 %. |
|
|
The rise of purchasing power
will continue to fall behind the increase in prices of retail goods. More
retail goods are expected to raise prices because of higher fuel prices in
recent months. |
|
|
The wholesale trade
sub-sector index increased 5.9 % to 165.9 points year-on-year (y-o-y) driven
mainly by other specialised wholesale (7.5 %), wholesale of agricultural raw
materials and livestock (7.3 %) and wholesale of machinery, equipment and
supplies (6.2 %). |
|
|
Over 60% of Gross Domestic
Product (GDP) is contributed by domestic consumption. Therefore the wholesale
and retail sector plays a crucial role in driving Malaysia's growth over the
next decade despite the ongoing global economic slowdown. By 2020, Malaysia's
wholesale and retail sector is expected to boost the country's total Gross
National Income (GNI) by RM156 billion, creating 454,190 new jobs. |
|
|
OVERALL INDUSTRY OUTLOOK :
Marginal Growth |
|
CREDIT RISK EVALUATION & RECOMMENDATION
|
|
|
PROFIT AND LOSS ACCOUNT
|
|
THE FINANCIAL STATEMENTS
WERE PREPARED IN ACCORDANCE WITH MALAYSIAN FINANCIAL REPORTING STANDARDS(FRS) |
|
DYNAPOLYMER SDN. BHD. |
|
Financial Year End |
2016-12-31 |
2015-12-31 |
2014-12-31 |
2013-12-31 |
|
Months |
12 |
12 |
12 |
9 |
|
Consolidated Account |
Company |
Company |
Company |
Company |
|
Audited Account |
YES |
YES |
YES |
YES |
|
Unqualified Auditor's Report
(Clean Opinion) |
YES |
YES |
YES |
YES |
|
Financial Type |
FULL |
FULL |
FULL |
FULL |
|
Currency |
MYR |
MYR |
MYR |
MYR |
|
TURNOVER |
2,431,058 |
2,607,983 |
2,497,481 |
121,462 |
|
Other Income |
- |
- |
- |
2,875 |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Total Turnover |
2,431,058 |
2,607,983 |
2,497,481 |
124,337 |
|
Costs of Goods Sold |
(2,050,072) |
(2,300,935) |
(2,285,681) |
(110,590) |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Gross Profit |
380,986 |
307,048 |
211,800 |
13,747 |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS) FROM
OPERATIONS |
120,583 |
85,202 |
65,180 |
(9,713) |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS) BEFORE
TAXATION |
120,583 |
85,202 |
65,180 |
(9,713) |
|
Taxation |
(23,004) |
(17,668) |
(12,092) |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS) AFTER TAXATION |
97,579 |
67,534 |
53,088 |
(9,713) |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS)
BROUGHT FORWARD |
||||
|
As previously reported |
110,909 |
43,375 |
(9,713) |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
As restated |
110,909 |
43,375 |
(9,713) |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT AVAILABLE FOR
APPROPRIATIONS |
208,488 |
110,909 |
43,375 |
(9,713) |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS)
CARRIED FORWARD |
208,488 |
110,909 |
43,375 |
(9,713) |
|
============= |
============= |
============= |
============= |
|
|
DEPRECIATION (as per notes
to P&L) |
1,649 |
1,332 |
108 |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Total Amortization And
Depreciation |
1,649 |
1,332 |
108 |
- |
|
============= |
============= |
============= |
||
|
|
|
|
|
|
BALANCE SHEET
|
|
DYNAPOLYMER SDN. BHD. |
|
ASSETS EMPLOYED: |
||||
|
FIXED ASSETS |
5,517 |
7,166 |
6,656 |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL LONG TERM ASSETS |
5,517 |
7,166 |
6,656 |
- |
|
CURRENT ASSETS |
||||
|
Stocks |
45,238 |
110,033 |
325 |
- |
|
Trade debtors |
504,589 |
573,206 |
245,163 |
85,546 |
|
Other debtors, deposits
& prepayments |
4,915 |
14,920 |
38,732 |
32,875 |
|
Cash & bank balances |
168,708 |
16,815 |
110,167 |
77,896 |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
723,450 |
714,974 |
394,387 |
196,317 |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL ASSET |
728,967 |
722,140 |
401,043 |
196,317 |
|
============= |
============= |
============= |
============= |
|
|
CURRENT LIABILITIES |
||||
|
Trade creditors |
288,047 |
401,053 |
180,297 |
98,215 |
|
Other creditors &
accruals |
125,061 |
108,169 |
65,279 |
7,815 |
|
Provision for taxation |
7,371 |
2,009 |
12,092 |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
420,479 |
511,231 |
257,668 |
106,030 |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
NET CURRENT
ASSETS/(LIABILITIES) |
302,971 |
203,743 |
136,719 |
90,287 |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL NET ASSETS |
308,488 |
210,909 |
143,375 |
90,287 |
|
============= |
============= |
============= |
============= |
|
|
FINANCED BY: |
||||
|
SHARE CAPITAL |
||||
|
Ordinary share capital |
100,000 |
100,000 |
100,000 |
100,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL SHARE CAPITAL |
100,000 |
100,000 |
100,000 |
100,000 |
|
RESERVES |
||||
|
Retained profit/(loss)
carried forward |
208,488 |
110,909 |
43,375 |
(9,713) |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL RESERVES |
208,488 |
110,909 |
43,375 |
(9,713) |
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
SHAREHOLDERS' FUNDS/EQUITY |
308,488 |
210,909 |
143,375 |
90,287 |
|
============= |
============= |
============= |
============= |
|
|
|
|
|
|
|
FINANCIAL RATIO
|
|
DYNAPOLYMER SDN. BHD. |
|
TYPES OF FUNDS |
||||
|
Cash |
168,708 |
16,815 |
110,167 |
77,896 |
|
Net Liquid Funds |
168,708 |
16,815 |
110,167 |
77,896 |
|
Net Liquid Assets |
257,733 |
93,710 |
136,394 |
90,287 |
|
Net Current
Assets/(Liabilities) |
302,971 |
203,743 |
136,719 |
90,287 |
|
Net Tangible Assets |
308,488 |
210,909 |
143,375 |
90,287 |
|
Net Monetary Assets |
257,733 |
93,710 |
136,394 |
90,287 |
|
PROFIT & LOSS ITEMS |
||||
|
Earnings Before Interest
& Tax (EBIT) |
120,583 |
85,202 |
65,180 |
(9,713) |
|
Earnings Before Interest, Taxes,
Depreciation And Amortization (EBITDA) |
122,232 |
86,534 |
65,288 |
(9,713) |
|
BALANCE SHEET ITEMS |
||||
|
Total Borrowings |
0 |
0 |
0 |
0 |
|
Total Liabilities |
420,479 |
511,231 |
257,668 |
106,030 |
|
Total Assets |
728,967 |
722,140 |
401,043 |
196,317 |
|
Net Assets |
308,488 |
210,909 |
143,375 |
90,287 |
|
Net Assets Backing |
308,488 |
210,909 |
143,375 |
90,287 |
|
Shareholders' Funds |
308,488 |
210,909 |
143,375 |
90,287 |
|
Total Share Capital |
100,000 |
100,000 |
100,000 |
100,000 |
|
Total Reserves |
208,488 |
110,909 |
43,375 |
(9,713) |
|
GROWTH RATIOS (Year on Year)
(%) |
||||
|
Revenue |
(6.78) |
4.42 |
1,956.18 |
- |
|
Proft/(Loss) Before Tax |
41.53 |
30.72 |
771.06 |
- |
|
Proft/(Loss) After Tax |
44.49 |
27.21 |
646.57 |
- |
|
Total Assets |
0.95 |
80.07 |
104.28 |
- |
|
Total Liabilities |
(17.75) |
98.41 |
143.01 |
- |
|
LIQUIDITY (Times) |
||||
|
Cash Ratio |
0.40 |
0.03 |
0.43 |
0.73 |
|
Liquid Ratio |
1.61 |
1.18 |
1.53 |
1.85 |
|
Current Ratio |
1.72 |
1.40 |
1.53 |
1.85 |
|
WORKING CAPITAL CONTROL
(Days) |
||||
|
Stock Ratio |
7 |
15 |
0 |
0 |
|
Debtors Ratio |
76 |
80 |
36 |
257 |
|
Creditors Ratio |
51 |
64 |
29 |
324 |
|
SOLVENCY RATIOS (Times) |
||||
|
Gearing Ratio |
0 |
0 |
0 |
0 |
|
Liabilities Ratio |
1.36 |
2.42 |
1.80 |
1.17 |
|
Times Interest Earned Ratio |
0 |
0 |
0 |
0 |
|
Assets Backing Ratio |
3.08 |
2.11 |
1.43 |
0.90 |
|
PERFORMANCE RATIO (%) |
||||
|
Operating Profit Margin |
4.96 |
3.27 |
2.61 |
(8.00) |
|
Net Profit Margin |
4.01 |
2.59 |
2.13 |
(8.00) |
|
Return On Net Assets |
39.09 |
40.40 |
45.46 |
(10.76) |
|
Return On Capital Employed |
39.09 |
40.40 |
45.46 |
(10.76) |
|
Return On Shareholders'
Funds/Equity |
31.63 |
32.02 |
37.03 |
(10.76) |
|
Dividend Pay Out Ratio
(Times) |
0 |
0 |
0 |
0 |
|
NOTES TO ACCOUNTS |
||||
|
Contingent Liabilities |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 68.15 |
|
|
1 |
INR 90.27 |
|
Euro |
1 |
INR 79.35 |
|
MYR |
1 |
INR 16.97 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
SYL |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.