|
|
|
MIRA INFORM REPORT
|
Report No. : |
496701 |
|
Report Date : |
15.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
SANDRA SEMI SDN.
BHD. |
|
|
|
|
Formerly Known As : |
SADRA SEMI SDN. BHD. (14/06/2012) |
|
|
|
|
Registered Office : |
Level 5, Menara City One, Letter Box
Cp5-01, 3, Jalan Munshi Abdullah, 50100 Kuala Lumpur, Wilayah Persekutuan |
|
|
|
|
Country : |
Malaysia |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
23.12.2010 |
|
|
|
|
Com. Reg. No.: |
926584-U |
|
|
|
|
Legal Form : |
Private Limited (Limited By Share) |
|
|
|
|
Line of Business : |
The subject is principally engaged in the provision
of information technology services & computer programing services &
consultancy services. |
|
|
|
|
No. of Employees : |
5 [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 : |
Slow but correct |
|
|
|
|
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) |
|
Malaysia |
A2 |
A2 |
|
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 |
MALAYSIA - ECONOMIC OVERVIEW
Malaysia, an upper middle-income country, has transformed itself since
the 1970s from a producer of raw materials into a multi-sector economy. Under
current Prime Minister NAJIB, Malaysia is attempting to achieve high-income
status by 2020 and to move further up the value-added production chain by
attracting investments in high technology, knowledge-based industries and
services. NAJIB's Economic Transformation Program is a series of projects and
policy measures intended to accelerate the country's economic growth. The
government has also taken steps to liberalize some services sub-sectors.
Malaysia is vulnerable to a fall in world commodity prices or a general
slowdown in global economic activity.
The NAJIB administration is continuing efforts to boost domestic demand
and reduce the economy's dependence on exports. Domestic demand continues to
anchor economic growth, supported mainly by private consumption, which accounts
for 53% of GDP. Nevertheless, exports - particularly of electronics, oil and
gas, and palm oil - remain a significant driver of the economy. In 2015, gross
exports of goods and services were equivalent to 73% of GDP. The oil and gas
sector supplied about 22% of government revenue in 2015, down significantly
from prior years amid a decline in commodity prices and diversification of
government revenues. Malaysia has embarked on a fiscal reform program aimed at
achieving a balanced budget by 2020, including rationalization of subsidies and
the 2015 introduction of a 6% value added tax. Sustained low commodity prices
throughout the period not only strained government finances, but also shrunk
Malaysia’s current account surplus and weighed heavily on the Malaysian
ringgit, which was among the region’s worst performing currencies during
2013-17. The ringgit hit new lows following the US presidential election amid a
broader selloff of emerging market assets.
Bank Negara Malaysia (the central bank) maintains adequate foreign
exchange reserves; a well-developed regulatory regime has limited Malaysia's
exposure to riskier financial instruments, although it remains vulnerable to
volatile global capital flows. In order to increase Malaysia’s competitiveness,
Prime Minister NAJIB raised possible revisions to the special economic and
social preferences accorded to ethnic Malays under the New Economic Policy of
1970, but retreated in 2013 after he encountered significant opposition from
Malay nationalists and other vested interests. In September 2013 NAJIB launched
the new Bumiputra Economic Empowerment Program, policies that favor and advance
the economic condition of ethnic Malays.
Malaysia signed the 12-nation Trans-Pacific Partnership (TPP) free trade
agreement in February 2016, although the future of the TPP remains unclear
following the US withdrawal from the agreement. Along with nine other ASEAN
members, Malaysia established the ASEAN Economic Community in 2015, which aims
to advance regional economic integration.
|
Source
: CIA |
EXECUTIVE SUMMARY
|
|
REGISTRATION NO. |
: |
926584-U |
||||
|
GST NO. |
: |
002040975360 |
||||
|
COMPANY NAME |
: |
SANDRA SEMI SDN. BHD. |
||||
|
FORMER NAME |
: |
SADRA SEMI SDN. BHD. (14/06/2012) |
||||
|
INCORPORATION DATE |
: |
23/12/2010 |
||||
|
COMPANY STATUS |
: |
EXIST |
||||
|
LEGAL FORM |
: |
PRIVATE LIMITED (LIMITED BY SHARE) |
||||
|
LISTED STATUS |
: |
NO |
||||
|
REGISTERED ADDRESS |
: |
LEVEL 5, MENARA CITY ONE, LETTER BOX
CP5-01, 3, JALAN MUNSHI ABDULLAH, 50100 KUALA LUMPUR, WILAYAH PERSEKUTUAN,
MALAYSIA. |
||||
|
BUSINESS ADDRESS |
: |
A-1-04, SME TECHNOPRENEUR CENTRE, 2270,
JALAN USAHAWAN 2, CYBER 6, 63000 CYBERJAYA, SELANGOR, MALAYSIA. |
||||
|
TEL.NO. |
: |
03-83222593 |
||||
|
FAX.NO. |
: |
N/A |
||||
|
WEB SITE |
: |
SANDRA-SEMI.COM |
||||
|
CONTACT PERSON |
: |
NOORHAYATI BINTI ABDUL RAHIM ( DIRECTOR ) |
||||
|
INDUSTRY CODE |
: |
62099 |
||||
|
PRINCIPAL ACTIVITY |
: |
PROVISION OF INFORMATION TECHNOLOGY
SERVICES & COMPUTER PROGRAMING SERVICES & CONSULTANCY SERVICES |
||||
|
AUTHORISED CAPITAL |
: |
MYR 100,000.00 DIVIDED INTO |
||||
|
ISSUED AND PAID UP CAPITAL |
: |
MYR 100,000.00 DIVIDED INTO |
||||
|
SALES |
: |
MYR 897,458 [2016] |
||||
|
NET WORTH |
: |
MYR 220,814 [2016] |
||||
|
STAFF STRENGTH |
: |
5 [2018] |
||||
|
||||||
|
LITIGATION |
: |
CLEAR |
||||
|
DEFAULTER CHECK |
: |
CLEAR |
||||
|
FINANCIAL CONDITION |
: |
STRONG |
||||
|
PAYMENT |
: |
SLOW BUT CORRECT |
||||
|
MANAGEMENT CAPABILITY |
: |
AVERAGE |
||||
|
COMMERCIAL RISK |
: |
MODERATE |
||||
|
CURRENCY EXPOSURE |
: |
N/A |
||||
|
GENERAL REPUTATION |
: |
SATISFACTORY |
||||
|
INDUSTRY OUTLOOK |
: |
STRONG 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) provision of information technology services & computer
programing services & consultancy services.
The Subject is not listed on Bursa Malaysia
(Malaysia Stock Exchange).
Share Capital History
|
Date |
Authorised Shared Capital |
Issue & Paid Up Capital |
|
01/03/2012 |
MYR 100,000.00 |
MYR 100,000.00 |
|
23/12/2010 |
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 |
(%) |
|
MS. NOORHAYATI BINTI ABDUL RAHIM + |
6407, TINGKAT 4, BANGUNAN SRI LAYANG, JALAN
THAMBY ABDULLAH, OFF JALAN TUN SAMBANTHAN, BRICKFIELDS, 50470 KUALA LUMPUR,
WILAYAH PERSEKUTUAN, MALAYSIA. |
761116-08-5808 A3554466 |
51,000.00 |
51.00 |
|
ALI MEDI |
D-13A-3, EAST LAKE, SERDANG PERDANA, 43300
SERI KEMBANGAN, SELANGOR, MALAYSIA. |
464986250 |
49,000.00 |
49.00 |
|
--------------- |
------ |
|||
|
100,000.00 |
100.00 |
|||
|
============ |
===== |
+ Also Director
Former Shareholder(s) :
|
Name |
Country |
IC/PP/Loc No |
Shareholding |
Last Updated |
|
ALI MEDI |
MALAYSIA |
644986250 |
49,000.00 |
26/12/2017 |
DIRECTORS
|
DIRECTOR 1
|
Name Of Subject |
: |
MS. ZAIFA HUSNA BINTI AHMAD SAPIAI |
|
Address |
: |
LOT 2576, JALAN MASJID, BATU 18, 3/4
AMPUNG, GOMBAK, KUANG, 48000 RAWANG, SELANGOR, MALAYSIA. |
|
Other Address(es) |
: |
LOT 2576, JALAN MASJID, BATU 18, 3/4
AMPUNG, GOMBAK, 48050 SUNGAI BULOH, SELANGOR, MALAYSIA. |
|
New IC No |
: |
900801-08-6670 |
|
Date of Birth |
: |
01/08/1990 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
21/06/2016 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
none in our databank |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
926584U |
SANDRA SEMI SDN. BHD. |
Director |
21/06/2016 |
0.00 |
- |
MYR129,082.00 |
2016 |
- |
23/02/2018 |
DIRECTOR 2
|
Name Of Subject |
: |
MS. NOORHAYATI BINTI ABDUL RAHIM |
|
Address |
: |
6407, TINGKAT 4, BANGUNAN SRI LAYANG, JALAN
THAMBY ABDULLAH, OFF JALAN TUN SAMBANTHAN, BRICKFIELDS, 50470 KUALA LUMPUR,
WILAYAH PERSEKUTUAN, MALAYSIA. |
|
Other Address(es) |
: |
23M, 9/40,BATU 6 1/2, JALAN KEPONG, PUSAT
KEPONG;52100 K.L, MALAYSIA. |
|
IC / PP No |
: |
A3554466 |
|
New IC No |
: |
761116-08-5808 |
|
Date of Birth |
: |
16/11/1976 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
01/03/2012 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
see below |
|
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 |
1141815K |
AGN GLOBAL SERVICES SDN. BHD. |
Director |
23/04/2015 |
500,000.00 |
50.00 |
- |
2014 |
- |
23/02/2018 |
|
2 |
1059351M |
ALLIED CRAFT ENTERPRISE SDN. BHD. |
Director |
23/08/2013 |
250,000.00 |
25.00 |
MYR(4,027.00) |
2014 |
- |
23/02/2018 |
|
3 |
1126545P |
AVIO DYNAMIC SDN. BHD. |
Director |
09/01/2015 |
500,000.00 |
50.00 |
- |
2014 |
- |
23/02/2018 |
|
4 |
850925T |
BASE ROLE SDN. BHD. |
Director |
08/06/2011 |
300,000.00 |
30.00 |
MYR3,799.00 |
2015 |
- |
23/02/2018 |
|
5 |
838142M |
BC BARISAN CERGAS SDN. BHD. |
Director |
31/05/2012 |
560,000.00 |
32.75 |
- |
2016 |
In the process of striking off |
23/02/2018 |
|
6 |
584246U |
C. & S. GEMS & JEWELS (M) SDN. BHD. |
Director |
31/12/2008 |
255,000.00 |
51.00 |
MYR(38,319.00) |
2016 |
- |
23/02/2018 |
|
7 |
919815V |
CERDAS SEIMBANG SDN. BHD. |
Shareholder |
- |
150,000.00 |
15.00 |
MYR5,382.00 |
2016 |
- |
23/02/2018 |
|
8 |
1162613T |
CHOCO GALLERY SDN. BHD. |
Director |
19/10/2015 |
510,000.00 |
51.00 |
- |
2016 |
- |
23/02/2018 |
|
9 |
967124A |
DIARUSA SDN. BHD. |
Director |
30/12/2011 |
800,001.00 |
50.00 |
MYR(111,912.00) |
2016 |
- |
23/02/2018 |
|
10 |
851839D |
GOLDEN CHOCOLATE SDN. BHD. |
Director |
01/04/2009 |
600,000.00 |
51.06 |
MYR(57,509.00) |
2015 |
- |
23/02/2018 |
|
11 |
715527W |
HARI AUM SDN. BHD. |
Shareholder |
- |
360,000.00 |
30.00 |
MYR1,628.00 |
2017 |
- |
23/02/2018 |
|
12 |
1035618T |
HOUSE OF KASHKHA SDN. BHD. |
Director |
22/02/2013 |
337,500.00 |
30.00 |
MYR237,512.00 |
2017 |
- |
23/02/2018 |
|
13 |
1211819A |
HURMAIN GLOBAL SDN. BHD. |
Director |
08/12/2016 |
500,000.00 |
50.00 |
- |
2016 |
- |
23/02/2018 |
|
14 |
1024874M |
HUTRANZ (M) SDN. BHD. |
Director |
19/11/2012 |
1.00 |
33.33 |
MYR(12,107.00) |
2015 |
- |
23/02/2018 |
|
15 |
829060W |
INTERNATIONAL OIL DESIGN & CONSTRUCTION
SDN. BHD. |
Shareholder |
- |
300,000.00 |
30.00 |
MYR(856,745.00) |
2016 |
- |
23/02/2018 |
|
16 |
890497M |
ITCSERVE SDN. BHD. |
Director |
03/03/2010 |
510,000.00 |
51.00 |
MYR(3,133.00) |
2012 |
In the process of striking off |
23/02/2018 |
|
17 |
979643V |
IVS VMS MALAYSIA SDN. BHD. |
Director |
24/02/2012 |
1.00 |
0.002 |
MYR132,900.00 |
2017 |
- |
23/02/2018 |
|
18 |
988501X |
JUPITER GLOBAL COSMETICS SDN. BHD. |
Director |
26/04/2012 |
25,500.00 |
25.50 |
MYR(232,809.00) |
2013 |
- |
23/02/2018 |
|
19 |
1120884U |
JUSTWOOD INTERNATIONAL SDN. BHD. |
Director |
02/12/2014 |
500,000.00 |
50.00 |
- |
2014 |
- |
23/02/2018 |
|
20 |
986956T |
MAHAVISH SDN. BHD. |
Director |
17/04/2012 |
1.00 |
33.33 |
- |
2017 |
- |
23/02/2018 |
|
21 |
1175444X |
MARJAN TEXTILE (M) SDN. BHD. |
Director |
28/05/2016 |
510,000.00 |
51.00 |
- |
2016 |
- |
23/02/2018 |
|
22 |
955326V |
PRIMAEUROMED SDN. BHD. |
Director |
01/08/2011 |
1.00 |
33.33 |
MYR(180,861.00) |
2012 |
- |
23/02/2018 |
|
23 |
1192709H |
RV CONSTRUCTIONS SDN. BHD. |
Director |
27/06/2016 |
700,000.00 |
70.00 |
- |
2016 |
- |
23/02/2018 |
|
24 |
926584U |
SANDRA SEMI SDN. BHD. |
Director |
01/03/2012 |
51,000.00 |
51.00 |
MYR129,082.00 |
2016 |
- |
23/02/2018 |
|
25 |
791704K |
SHAYA SDN. BHD. |
Director |
03/07/2012 |
0.00 |
- |
MYR(68,295.00) |
2010 |
In the process of striking off |
23/02/2018 |
|
26 |
1159992U |
SHIVINA INTERNATIONAL SDN. BHD. |
Director |
23/09/2015 |
0.00 |
- |
MYR43,318.00 |
2016 |
- |
23/02/2018 |
|
27 |
1127140K |
SUN SHINE ZONE SDN. BHD. |
Director |
14/01/2015 |
500,000.00 |
50.00 |
- |
2014 |
- |
23/02/2018 |
|
28 |
725718K |
TOSHI ELECTRIC SDN. BHD. |
Director |
30/03/2009 |
433,499.00 |
39.41 |
MYR20,625.00 |
2012 |
- |
23/02/2018 |
|
29 |
1028363X |
UNITED SYRIENNE IMPORT & EXPORT (M)
SDN. BHD. |
Director |
17/12/2012 |
500,000.00 |
50.00 |
MYR4,643.00 |
2014 |
- |
23/02/2018 |
|
30 |
1075504H |
VALUE SOFT SERVICES SDN. BHD. |
Director |
27/12/2013 |
250,000.00 |
50.00 |
- |
2014 |
- |
23/02/2018 |
|
31 |
909654K |
YARA INFORMATION TECHNOLOGY SDN. BHD. |
Director |
28/07/2010 |
150,000.00 |
30.00 |
MYR(652.00) |
2011 |
In the process of striking off |
23/02/2018 |
INTEREST IN BUSINESS
|
No |
Local No |
Business |
Designation |
App Date |
Shareholding (%) |
Status |
As At |
|
1 |
002009619T |
RANA JEE ENTERPRISE |
SOLE PROPRIETORSHIP |
14/01/2011 |
100.00 |
- |
25/01/2018 |
|
2 |
002317662M |
SELASIH MURNI ENTERPRISE |
PARTNERSHIP |
09/04/2014 |
50.00 |
- |
25/01/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
919815V |
CERDAS SEIMBANG SDN. BHD. |
Director |
26/10/2010 |
11/08/2016 |
- |
- |
|
2 |
1004225X |
COMMUNE SOLUTION SDN. BHD. |
Director |
31/05/2012 |
02/07/2012 |
- |
- |
|
3 |
1004225X |
COMMUNE SOLUTION SDN. BHD. |
Shareholder |
- |
- |
- |
- |
|
4 |
1154801P |
DIVO DIGITAL MEDIA SDN. BHD. |
Director |
10/08/2015 |
26/09/2016 |
- |
- |
|
5 |
1153444X |
VMS MUSIC RECORDS & PUBLISHING SDN.
BHD. |
Director |
29/07/2015 |
26/09/2016 |
- |
- |
FORMER DIRECTOR(S)
|
|
Name |
Address |
IC/PP No |
Appointed Date |
Withdrawn Date |
|
ROZBAH FEREIDOUNI |
D-13A-3A, EAST LAKE, SERDANG PERDANA, SERI
KEMBANGAN, SELANGOR, MALAYSIA |
712423436 |
01/07/2011 |
01/03/2012 |
|
ALI MEDI |
D-13A-3, EAST LAKE, SERDANG PERDANA, SERI
KEMBANGAN, SELANGOR, MALAYSIA |
464986250 |
23/12/2010 |
21/06/2016 |
Note : The above information was generated
from our database.
MANAGEMENT
|
|
1) |
Name of Subject |
: |
NOORHAYATI BINTI ABDUL RAHIM |
|
Position |
: |
DIRECTOR |
|
AUDITOR
|
|
Auditor |
: |
WILLIAM SANTOSH JOHN |
|
Auditor' Address |
: |
6-7-3, LEVEL 7, BLOCK 6, QUEEN'S AVENUE, JALAN
BAYAM, OFF JALAN PEEL, 55100 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA. |
COMPANY SECRETARIES
|
|
1) |
Company Secretary |
: |
MR. M RAMANATHAN A/L S M MEYYAPPAN |
|
IC / PP No |
: |
6057502 |
|
|
New IC No |
: |
600923-10-6815 |
|
|
Address |
: |
15, JALAN DATO ABDUL AZIZ 14/29, 46100
PETALING JAYA, SELANGOR, MALAYSIA. |
|
BANKING
|
Banking relations are maintained principally with :
|
1) |
Name |
: |
PUBLIC BANK BHD |
|
2) |
Name |
: |
HSBC BANK MALAYSIA BHD |
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 winding up petition was found in our databank.
There is/are PENDING litigation case(s) on the Subject in our database as
below:
- 1 case(s) filed in year 2014
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 criminal 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.
PAYMENT RECORD
|
|
||
|
SOURCES OF RAW MATERIALS: |
||
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The Subject is a service provider.
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 |
: |
YES |
Percentage |
: |
100% |
|
Domestic Markets |
: |
MALAYSIA |
|||
|
Overseas |
: |
NO |
|||
|
Credit Term |
: |
AS AGREED |
|||
|
Payment Mode |
: |
CHEQUES |
|||
OPERATIONS
|
|
Services |
: |
INFORMATION TECHNOLOGY SERVICES &
COMPUTER PROGRAMING SERVICES & CONSULTANCY SERVICES |
|
|
Total Number of Employees: |
|||||||||
|
YEAR |
2018 |
2013 |
|||||||
|
|
|||||||||
|
GROUP |
N/A |
N/A |
|||||||
|
COMPANY |
5 |
5 |
|||||||
|
Branch |
: |
NO |
Other Information:
The Subject is principally engaged in the (as a / as an) provision of
information technology services & computer programing services &
consultancy services.
The Subject was founded in 2010 and headquartered in Malaysia which is designed
to be one of the fastest growing, innovative design centers specializing in
semiconductor IC design and IP development.
The Subject also wants to develop new IPs and designed blocks to be used in the
state of the art chips developed by their company.
Besides that, their consulting and engineering design services as well as
system solutions using available core competencies are offered to the
customers.
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 |
: |
N/A |
|
Current Telephone Number |
: |
03-83222593 |
|
Match |
: |
N/A |
|
Address Provided by Client |
: |
A-1-04 SME TECHNOPRENEUR CENTRE 2270 JALAN
USUHAWAN 2, CYBER 6, CYBERJAYA, 63000, SELANGOR, MALAYSIA |
|
Current Address |
: |
A-1-04, SME TECHNOPRENEUR CENTRE, 2270,
JALAN USAHAWAN 2, CYBER 6, 63000 CYBERJAYA, SELANGOR, MALAYSIA. |
|
Match |
: |
NO |
|
Latest Financial Accounts |
: |
YES |
Other Investigations
We have contacted one of the staff from the Subject and she provided some
information.
The address is as per stated in the report.
The Subject does not use fax facilities.
FINANCIAL ANALYSIS
|
|
Profitability |
||||||
|
Turnover |
: |
Decreased |
[ |
58.96% |
] |
|
|
Profit/(Loss) Before Tax |
: |
Increased |
[ |
867.27% |
] |
|
|
Return on Shareholder Funds |
: |
Favourable |
[ |
58.46% |
] |
|
|
Return on Net Assets |
: |
Favourable |
[ |
58.46% |
] |
|
|
The shrinking turnover could be the result of
more entrants into the market which eroded the Subject's market share.The
Subject's management have been efficient in controlling its operating costs.
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 |
||||||
|
Debtor Ratio |
: |
Unfavourable |
[ |
180 Days |
] |
|
|
Creditors Ratio |
: |
Unfavourable |
[ |
84 Days |
] |
|
|
The Subject's debtors ratio was high. The
Subject should tighten its credit control and improve its collection period.
The unfavourable creditors' ratio could be due to the Subject taking
advantage of the credit granted by its suppliers. However this may affect the
goodwill between the Subject and its suppliers and the Subject may
inadvertently have to pay more for its future supplies. |
||||||
|
Liquidity |
||||||
|
Liquid Ratio |
: |
Favourable |
[ |
1.73 Times |
] |
|
|
Current Ratio |
: |
Unfavourable |
[ |
1.73 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 : |
||||||
|
Due to the efficient control of its
operating costs, the Subject was able to remain profitable despite lower
turnover achieved during the year. 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 ) |
417 |
390 |
391 |
- |
- |
|
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 |
- |
- |
|
Registration of New Companies ( % ) |
6.1 |
(7.2) |
(5.3) |
- |
- |
|
Liquidation of Companies ( No. ) |
11,099 |
7,066 |
- |
- |
- |
|
Liquidation of Companies ( % ) |
(19.5) |
(36.3) |
- |
- |
- |
|
Registration of New Business ( No. ) |
332,723 |
364,230 |
376,720 |
- |
- |
|
Registration of New Business ( % ) |
1.0 |
9.0 |
3.0 |
- |
- |
|
Business Dissolved ( No. ) |
21,436 |
- |
- |
- |
- |
|
Business Dissolved ( % ) |
18.0 |
- |
- |
- |
- |
|
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 |
- |
- |
- |
|
Individual Bankruptcy ( % ) |
1.7 |
(17.4) |
- |
- |
- |
|
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 |
|
|
62099 : Other information technology
service activities n.e.c. |
|
|
INDUSTRY : |
INFORMATION TECHNOLOGY |
|
The Malaysian IT market has a bright medium
term outlook, due to a supportive economic environment and a government
policy framework encouraging the development of the market. In the hardware
market, strong growth in tablet sales and a boost to traditional form factor
sales from XP support withdrawal and cuts to Windows licensing fees will
boost consumer and enterprise spending. Meanwhile, over the medium term
vendor innovation based on Intel's Haswell chips and Windows touch
functionality will help vendors capitalize on the strong consumption story in
Malaysia. In the enterprise market growth will be slightly slower, with
corporate customers more hesitant as a result of ongoing global economic
uncertainty. However, there will be some areas of strong growth, including
security software and services, as well as outsourcing and cloud computing. |
|
|
According to the Eleventh Plan, 2016-2020
emphasizes on driving ICT in the knowledge economy through innovation and
productivity to enhance competitiveness and wealth creation. Within the ICT
industry, focus will be given to the development of digital content under the
content and media sub-sector, as well as software solutions and services. The
growth of the ICT industry will drive the demand for robust digital
infrastructure, fundamental to Malaysia’s competitiveness. In addition,
accessibility and affordability are equally critical in uplifting the economy
and narrowing the social-economic gap through the provision of digital
opportunities. It is important to equip the workforce with specialized skills
to facilitate growth in the various sectors, including R&D of ICT
products and services. This will ensure the nation not only benefits from but
also contributes to global ICT advancements. |
|
|
After a challenging 2015 , when ringgit depreciation
and wider economic uncertainty held back IT market growth, the Malaysian IT
market to move to a stronger growth trajectory over the medium term , with a
CAGR of 5.1% over 2016-2019 in local currency terms. In the hardware market,
rising incomes and increased access to affordable data connectivity will
boost consumer spending in volume terms and through an easing of price
sensitivity. In addition, in the enterprise software and services market
growth will be robust , with cloud computing and Internet of Things
application adoption identified as areas of out performance. The majority of
spending will however continue to be derive from more traditional solutions
that offer cost efficiencies that enable local enterprises to respond to
heightened competition across South East Asia. |
|
|
ICT is one of the fastest growing
subsectors in Asia, registering a growth of 12.8% between 2012 and 2016. Over
the same period, MSC Malaysia registered a strong export growth of 13.5%. Of
this, creative content and technologies6 was the fastest growing segment
expanding 26.3%. As at end-August 2017, a total of 367 companies were
involved in the creative content and technologies cluster of MSC Malaysia
specialising in animation; game development; e-learning; and mobile and
interactive content. Malaysian ICT exporters are gaining momentum and
capabilities, particularly in supplying digital content, software development
and testing. Other services gaining traction include IoT; data centres and
cloud services; cyber security; and big data analytics. The increasing uptake
of mobile computing is expected to boost demand for new and improved content
applications, providing a broad range of opportunities for local content
designers, engineers and developers to further enhance exports of creative
content. |
|
|
The information and communication subsector
is expected to expand 8.8% in year 2018 (2017: 8.5%) on account of
promotional campaigns and more offerings of digital products. The information
and communication subsector recorded a strong growth of 8.3% (January – June
2016: 8.6%). The communication segment remained as the major contributor to
growth, sustaining its pace at 9.3% (January – June 2016: 9.8%) following
aggressive promotional activities by telecommunication companies and
introduction of new telephone models. Meanwhile, information segment grew
5.7% (January – June 2016: 3.6%) and computer services rose 6.4% (January –
June 2016: 7%). The subsector is expected to sustain its strong growth
momentum expanding 8.5% in 2017 (2016: 8.1%) supported by the launching of
latest smartphone models, price reductions on earlier premium models and an
increase in subscriptions to value added services offered by
telecommunication companies.The output of computers and peripheral equipment
contracted 7.7% (January – August 2016: 3.1%) as a result of lower demand for
notebooks and personal computers following rising preferences for smartphones
and tablets. |
|
|
Under Budget 2018, Government focus on Transformasi
Nasional 2050 (TN50), which will have a positive impact on the ICT industry
with a slew of measures aimed at empowering Malaysians for the future. the
government's emphasis on human capital development in 2018 especially on
coding in schools; STEM education, with RM250 million for teachers training
and RM190 million to upgrade 2,000 classes into a 21st century smart
classrooms in order to enhance creative-based learning and innovative
thinking. Besides, the other incentives that will benefit the ICT Industry;
RM1 billion for Sabah and Sarawak for broadband infrastructure; ICT projects
in PDRM of RM170 million and RM100 million for communications systems; RM 100
mil allocation for e-rezeki, e-usahawan and e-ladang; Industry 4.0 and
Digital Economy – RM245 million for smart manufacturing; Cyberjaya Futurise
Centre to be strengthened; DFTZ focus on 1500 SMEs and RM83.5 million funding
and de minimis increased to RM800; and boost startups with setting up of
regulatory sandboxes. |
|
|
OVERALL INDUSTRY OUTLOOK : Strong Growth |
|
CREDIT RISK EVALUATION & RECOMMENDATION
|
|
|
PROFIT AND LOSS ACCOUNT
|
|
THE FINANCIAL STATEMENTS WERE PREPARED IN
ACCORDANCE WITH MALAYSIAN FINANCIAL REPORTING STANDARDS(FRS) |
|
SANDRA SEMI SDN. BHD. |
|
Financial Year End |
2016-12-31 |
2015-12-31 |
|
Months |
12 |
12 |
|
Consolidated Account |
Company |
Company |
|
Audited Account |
YES |
YES |
|
Unqualified Auditor's Report (Clean
Opinion) |
YES |
YES |
|
Financial Type |
FULL |
FULL |
|
Currency |
MYR |
MYR |
|
TURNOVER |
897,458 |
2,186,808 |
|
---------------- |
---------------- |
|
|
Total Turnover |
897,458 |
2,186,808 |
|
Costs of Goods Sold |
(843,012) |
(2,010,835) |
|
---------------- |
---------------- |
|
|
Gross Profit |
54,446 |
175,973 |
|
---------------- |
---------------- |
|
|
PROFIT/(LOSS) FROM OPERATIONS |
129,082 |
13,345 |
|
---------------- |
---------------- |
|
|
PROFIT/(LOSS) BEFORE TAXATION |
129,082 |
13,345 |
|
---------------- |
---------------- |
|
|
PROFIT/(LOSS) AFTER TAXATION |
129,082 |
13,345 |
|
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS) BROUGHT FORWARD |
||
|
As previously reported |
(8,268) |
(21,613) |
|
---------------- |
---------------- |
|
|
As restated |
(8,268) |
(21,613) |
|
---------------- |
---------------- |
|
|
PROFIT AVAILABLE FOR APPROPRIATIONS |
120,814 |
(8,268) |
|
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS) CARRIED FORWARD |
120,814 |
(8,268) |
|
============= |
============= |
|
|
DEPRECIATION (as per notes to P&L) |
(1,300) |
(1,300) |
|
---------------- |
---------------- |
|
|
Total Amortization And Depreciation |
(1,300) |
(1,300) |
|
============= |
============= |
|
|
|
|
|
BALANCE
SHEET
|
|
SANDRA SEMI SDN. BHD. |
|
ASSETS EMPLOYED: |
||
|
FIXED ASSETS |
1,300 |
2,600 |
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM ASSETS |
1,300 |
2,600 |
|
CURRENT ASSETS |
||
|
Trade debtors |
443,360 |
- |
|
Other debtors, deposits & prepayments |
9,274 |
2,606 |
|
Cash & bank balances |
66,419 |
199,897 |
|
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
519,053 |
202,503 |
|
---------------- |
---------------- |
|
|
TOTAL ASSET |
520,353 |
205,103 |
|
============= |
============= |
|
|
CURRENT LIABILITIES |
||
|
Trade creditors |
193,949 |
7,103 |
|
Other creditors & accruals |
31,191 |
37,112 |
|
Amounts owing to director |
74,399 |
69,156 |
|
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
299,539 |
113,371 |
|
---------------- |
---------------- |
|
|
NET CURRENT ASSETS/(LIABILITIES) |
219,514 |
89,132 |
|
---------------- |
---------------- |
|
|
TOTAL NET ASSETS |
220,814 |
91,732 |
|
============= |
============= |
|
|
FINANCED BY: |
||
|
SHARE CAPITAL |
||
|
Ordinary share capital |
100,000 |
100,000 |
|
---------------- |
---------------- |
|
|
TOTAL SHARE CAPITAL |
100,000 |
100,000 |
|
RESERVES |
||
|
Retained profit/(loss) carried forward |
120,814 |
(8,268) |
|
---------------- |
---------------- |
|
|
TOTAL RESERVES |
120,814 |
(8,268) |
|
---------------- |
---------------- |
|
|
SHAREHOLDERS' FUNDS/EQUITY |
220,814 |
91,732 |
|
============= |
============= |
|
|
|
|
|
FINANCIAL RATIO
|
|
SANDRA SEMI SDN. BHD. |
|
TYPES OF FUNDS |
||
|
Cash |
66,419 |
199,897 |
|
Net Liquid Funds |
66,419 |
199,897 |
|
Net Liquid Assets |
219,514 |
89,132 |
|
Net Current Assets/(Liabilities) |
219,514 |
89,132 |
|
Net Tangible Assets |
220,814 |
91,732 |
|
Net Monetary Assets |
219,514 |
89,132 |
|
PROFIT & LOSS ITEMS |
||
|
Earnings Before Interest & Tax (EBIT) |
129,082 |
13,345 |
|
Earnings Before Interest, Taxes,
Depreciation And Amortization (EBITDA) |
127,782 |
12,045 |
|
BALANCE SHEET ITEMS |
||
|
Total Borrowings |
0 |
0 |
|
Total Liabilities |
299,539 |
113,371 |
|
Total Assets |
520,353 |
205,103 |
|
Net Assets |
220,814 |
91,732 |
|
Net Assets Backing |
220,814 |
91,732 |
|
Shareholders' Funds |
220,814 |
91,732 |
|
Total Share Capital |
100,000 |
100,000 |
|
Total Reserves |
120,814 |
(8,268) |
|
GROWTH RATIOS (Year on Year) (%) |
||
|
Revenue |
(58.96) |
- |
|
Proft/(Loss) Before Tax |
867.27 |
527.72 |
|
Proft/(Loss) After Tax |
867.27 |
527.72 |
|
Total Assets |
153.70 |
(33.89) |
|
Total Liabilities |
164.21 |
(48.57) |
|
LIQUIDITY (Times) |
||
|
Cash Ratio |
0.22 |
1.76 |
|
Liquid Ratio |
1.73 |
1.79 |
|
Current Ratio |
1.73 |
1.79 |
|
WORKING CAPITAL CONTROL (Days) |
||
|
Stock Ratio |
0 |
0 |
|
Debtors Ratio |
180 |
0 |
|
Creditors Ratio |
84 |
1 |
|
SOLVENCY RATIOS (Times) |
||
|
Gearing Ratio |
0 |
0 |
|
Liabilities Ratio |
1.36 |
1.24 |
|
Times Interest Earned Ratio |
0 |
0 |
|
Assets Backing Ratio |
2.21 |
0.92 |
|
PERFORMANCE RATIO (%) |
||
|
Operating Profit Margin |
14.38 |
0.61 |
|
Net Profit Margin |
14.38 |
0.61 |
|
Return On Net Assets |
58.46 |
14.55 |
|
Return On Capital Employed |
58.46 |
14.55 |
|
Return On Shareholders' Funds/Equity |
58.46 |
14.55 |
|
Dividend Pay Out Ratio (Times) |
0 |
0 |
|
NOTES TO ACCOUNTS |
||
|
Contingent Liabilities |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.99 |
|
|
1 |
INR 90.83 |
|
Euro |
1 |
INR 80.58 |
|
MYR |
1 |
INR 16.59 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.