|
|
|
MIRA INFORM REPORT
|
Report No. : |
506282 |
|
Report Date : |
04.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
JAKEL TRADING |
|
|
|
|
Registered Office : |
No 15, Wisma Jakel, Jalan Aji, 85000 Segamat, Johor |
|
|
|
|
Country : |
Malaysia |
|
|
|
|
Date of Incorporation : |
24.01.1983 |
|
|
|
|
Com. Reg. No.: |
JM0056657-W |
|
|
|
|
Legal Form : |
Partnership |
|
|
|
|
Line of Business : |
The Subject is engaged in the trading of fabrics and textiles. |
|
|
|
|
No. of Employees : |
637 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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. |
: |
JM0056657-W |
||||
|
GST NO. |
: |
001765916672 |
||||
|
COMPANY NAME |
: |
JAKEL TRADING |
||||
|
COMMENCEMENT DATE |
: |
24/01/1983 |
||||
|
REGISTRATION DATE |
: |
04/02/1983 |
||||
|
EXPIRY DATE |
: |
27/02/2020 |
||||
|
COMPANY STATUS |
: |
ACTIVE |
||||
|
BUSINESS CONSTITUTION |
: |
PARTNERSHIP |
||||
|
BUSINESS ADDRESS |
: |
NO 15, WISMA JAKEL, JALAN AJI, 85000 SEGAMAT, JOHOR, MALAYSIA. |
||||
|
TEL.NO. |
: |
07-9317978 |
||||
|
FAX.NO. |
: |
07-9328978 |
||||
|
EMAIL |
: |
JAKEL_TEXTILES@YAHOO.CO.UK |
||||
|
WEB SITE |
: |
WWW.JAKEL.MY |
||||
|
CONTACT PERSON |
: |
MOHAMED FAROZ BIN MOHAMED JAKEL ( PARTNER ) |
||||
|
INDUSTRY CODE |
: |
46695 |
||||
|
PRINCIPAL ACTIVITY |
: |
TRADING OF FABRICS AND TEXTILES |
||||
|
STAFF STRENGTH |
: |
N/A |
||||
|
||||||
|
LITIGATION |
: |
CLEAR |
||||
|
DEFAULTER CHECK |
: |
CLEAR |
||||
|
PAYMENT |
: |
UNKNOWN |
||||
|
MANAGEMENT CAPABILITY |
: |
AVERAGE |
||||
|
COMMERCIAL RISK |
: |
HIGH |
||||
|
CURRENCY EXPOSURE |
: |
HIGH |
||||
|
GENERAL REPUTATION |
: |
SATISFACTORY |
||||
|
INDUSTRY OUTLOOK |
: |
MARGINAL GROWTH |
||||
HISTORY
/ BACKGROUND
|
The Subject commenced its business on 24/01/1983 as a PARTNERSHIP.
The Subject is a partnership firm registered under the Business
Registration Act. The partners liabilities are unlimited, that is, if the
partnership is not able to meet its obligations, the partners have to be
personally liable for the debts incurred. The Subject's ownership is
transferable with consent of the other partners. The Subject as a partnership
firm is governed by the Partnership Act. The Subject is not required to file in
its financial statements with the Registry of Business.
The Subject is principally engaged in the (as a / as an) trading
of fabrics and textiles.
The Subject is not listed on Bursa Malaysia (Malaysia Stock
Exchange).
The owner of the Subject are shown as follows :
Current Shareholder(s) :
|
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
MR. MOHAMED IZANI BIN MOHAMED JAKEL |
NO. 5A, JALAN AJI , 85000 SEGAMAT, JOHOR, MALAYSIA. |
820820-01-6467 |
33.00 |
33.00 |
|
MR. MOHAMED NIZAM BIN MOHAMED JAKEL |
NO. 5A, JALAN AJI , 85000 SEGAMAT, JOHOR, MALAYSIA. |
800901-01-6153 |
33.00 |
33.00 |
|
MR. MOHAMED FAROZ BIN MOHAMED JAKEL |
NO. 5A, JALAN AJI, , 85000 SEGAMAT, JOHOR, MALAYSIA. |
720130-01-5805 A2112717 |
34.00 |
34.00 |
|
--------------- |
------ |
|||
|
100.00 |
100.00 |
|||
|
============ |
===== |
+ Also Director
OWNERS
|
OWNER(S) 1
|
Name Of Subject |
: |
MR. MOHAMED IZANI BIN MOHAMED JAKEL |
|
Address |
: |
NO. 5A, JALAN AJI, 85000 SEGAMAT, JOHOR, MALAYSIA. |
|
New IC No |
: |
820820-01-6467 |
|
Date of Birth |
: |
20/08/1982 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
18/06/2004 |
|
Shareholding |
: |
33% |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Court |
As At |
|
1 |
1229512D |
AJENTI SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
2 |
1031363K |
ALITED PROPERTY SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
3 |
1229474U |
AMUZEN SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
4 |
810393X |
ARIANI TEXTILES & MANUFACTURING (M) SDN. BHD. |
Director |
330,000.00 |
- |
23/04/2018 |
|
|
5 |
1224187X |
AVANTE DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
6 |
1034333D |
CEMARA LAND SDN. BHD. |
Director |
3,320,000.00 |
- |
23/04/2018 |
|
|
7 |
1093721U |
DUPION DEVELOPMENT SDN. BHD. |
Director |
1,660,000.00 |
- |
23/04/2018 |
|
|
8 |
913099X |
EASY REGION OILFIELD & ENGINEERING SDN. BHD. |
Director |
25.00 |
Disolved by Registrar |
23/04/2018 |
|
|
9 |
1235918W |
GO RING AGENCY SDN. BHD. |
Director |
2.00 |
- |
23/04/2018 |
|
|
10 |
1041926U |
HAJRA PROPERTIES SDN. BHD. |
Director |
3,000,000.00 |
- |
23/04/2018 |
|
|
11 |
1212820W |
HITECH REAL ESTATE DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
12 |
985649U |
JAKEL BRANDED CONCEPTS SDN. BHD. |
Director |
240.00 |
- |
23/04/2018 |
|
|
13 |
1276419W |
JAKEL BUILDING MANAGEMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
14 |
1217319X |
JAKEL CAPITAL SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
15 |
1180322X |
JAKEL DEFENCE SYSTEMS SDN. BHD. |
Director |
166,666.00 |
- |
23/04/2018 |
|
|
16 |
1089126M |
JAKEL DEVELOPMENT SDN. BHD. |
Director |
6,666,666.00 |
- |
23/04/2018 |
|
|
17 |
1217134D |
JAKEL HOLDINGS SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
18 |
954137X |
JAKEL PLANTATION SDN. BHD. |
Director |
200.00 |
- |
23/04/2018 |
|
|
19 |
950995K |
JAKEL PROPERTIES SDN. BHD. |
Director |
3,333,332.00 |
- |
23/04/2018 |
|
|
20 |
875416P |
JAKEL REALTY SDN. BHD. |
Director |
2,499,960.00 |
- |
23/04/2018 |
|
|
21 |
1217202A |
JAKEL TEXTILES SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
22 |
849529H |
JAKEL TRADING SDN. BHD. |
Director |
6,666,666.00 |
- |
23/04/2018 |
|
|
23 |
1031365V |
JAYANO ESTATE REALTY SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
24 |
1108745T |
JBIZ DEVELOPMENT SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
25 |
707577D |
LAYAR TEGAS SDN. BHD. |
Director |
500,000.00 |
- |
23/04/2018 |
|
|
26 |
1075656V |
MABRUR LAND SDN. BHD. |
Director |
3,333,333.00 |
- |
23/04/2018 |
|
|
27 |
293739T |
MULTI-ACCESS SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
28 |
986660D |
MYJENERGY SDN. BHD. |
Director |
500,000.00 |
- |
23/04/2018 |
|
|
29 |
979934V |
PELUANG HARTANAH SDN. BHD. |
Director |
833,333.00 |
- |
23/04/2018 |
|
|
30 |
975958W |
PERANO PROPERTIES DEVELOPMENT SDN. BHD. |
Director |
833,333.00 |
- |
23/04/2018 |
|
|
31 |
774022P |
PERANO SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
32 |
1219837D |
SAMIRA DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
33 |
909051H |
SNO SHAKES & SMOOTHIES SDN. BHD. |
Shareholder |
630,000.00 |
Striking off |
23/04/2018 |
Note : ROC - Disolved, WU - Windup
INTEREST IN BUSINESS
|
Business |
Position |
Shareholding |
As At |
|
JAKEL TRADING |
PARTNERSHIP |
33.00 |
26/03/2018 |
OWNER(S) 2
|
Name Of Subject |
: |
MR. MOHAMED NIZAM BIN MOHAMED JAKEL |
|
Address |
: |
NO. 5A, JALAN AJI, 85000 SEGAMAT, JOHOR, MALAYSIA. |
|
New IC No |
: |
800901-01-6153 |
|
Date of Birth |
: |
01/09/1980 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
18/06/2004 |
|
Shareholding |
: |
33% |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Court |
As At |
|
1 |
1229512D |
AJENTI SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
2 |
1031363K |
ALITED PROPERTY SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
3 |
1229474U |
AMUZEN SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
4 |
810393X |
ARIANI TEXTILES & MANUFACTURING (M) SDN. BHD. |
Director |
330,000.00 |
- |
23/04/2018 |
|
|
5 |
1224187X |
AVANTE DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
6 |
1034333D |
CEMARA LAND SDN. BHD. |
Director |
3,320,000.00 |
- |
23/04/2018 |
|
|
7 |
1093721U |
DUPION DEVELOPMENT SDN. BHD. |
Director |
1,660,000.00 |
- |
23/04/2018 |
|
|
8 |
852832A |
EASY REGION ENGINEERING SDN. BHD. |
Director |
4,090,000.00 |
- |
23/04/2018 |
|
|
9 |
913099X |
EASY REGION OILFIELD & ENGINEERING SDN. BHD. |
Director |
25.00 |
Disolved by Registrar |
23/04/2018 |
|
|
10 |
1041926U |
HAJRA PROPERTIES SDN. BHD. |
Director |
3,000,000.00 |
- |
23/04/2018 |
|
|
11 |
1212820W |
HITECH REAL ESTATE DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
12 |
985649U |
JAKEL BRANDED CONCEPTS SDN. BHD. |
Director |
240.00 |
- |
23/04/2018 |
|
|
13 |
1276419W |
JAKEL BUILDING MANAGEMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
14 |
1217319X |
JAKEL CAPITAL SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
15 |
1180322X |
JAKEL DEFENCE SYSTEMS SDN. BHD. |
Director |
166,666.00 |
- |
23/04/2018 |
|
|
16 |
1089126M |
JAKEL DEVELOPMENT SDN. BHD. |
Director |
6,666,666.00 |
- |
23/04/2018 |
|
|
17 |
1217134D |
JAKEL HOLDINGS SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
18 |
1049366A |
JAKEL LAND SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
19 |
954137X |
JAKEL PLANTATION SDN. BHD. |
Director |
200.00 |
- |
23/04/2018 |
|
|
20 |
950995K |
JAKEL PROPERTIES SDN. BHD. |
Director |
3,333,332.00 |
- |
23/04/2018 |
|
|
21 |
875416P |
JAKEL REALTY SDN. BHD. |
Director |
2,499,960.00 |
- |
23/04/2018 |
|
|
22 |
1217202A |
JAKEL TEXTILES SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
23 |
849529H |
JAKEL TRADING SDN. BHD. |
Director |
6,666,666.00 |
- |
23/04/2018 |
|
|
24 |
1031365V |
JAYANO ESTATE REALTY SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
25 |
1148432A |
JAYYID LAND SDN. BHD. |
Director |
250,000.00 |
- |
23/04/2018 |
|
|
26 |
1108745T |
JBIZ DEVELOPMENT SDN. BHD. |
Director |
166.00 |
- |
23/04/2018 |
|
|
27 |
1230229T |
KHALIFAH TECHNOLOGIES SDN. BHD. |
Director |
1,000.00 |
- |
23/04/2018 |
|
|
28 |
707577D |
LAYAR TEGAS SDN. BHD. |
Director |
500,000.00 |
- |
23/04/2018 |
|
|
29 |
1186599H |
LULU PROPERTIES (M) SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
30 |
1075656V |
MABRUR LAND SDN. BHD. |
Director |
3,333,333.00 |
- |
23/04/2018 |
|
|
31 |
8444W |
MELEWAR INDUSTRIAL GROUP BERHAD |
Shareholder |
1,317,600.00 |
- |
23/04/2018 |
|
|
32 |
293739T |
MULTI-ACCESS SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
33 |
986660D |
MYJENERGY SDN. BHD. |
Director |
500,000.00 |
- |
23/04/2018 |
|
|
34 |
979934V |
PELUANG HARTANAH SDN. BHD. |
Director |
833,333.00 |
- |
23/04/2018 |
|
|
35 |
975958W |
PERANO PROPERTIES DEVELOPMENT SDN. BHD. |
Director |
833,333.00 |
- |
23/04/2018 |
|
|
36 |
774022P |
PERANO SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
37 |
1219837D |
SAMIRA DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
Note : ROC - Disolved, WU - Windup
INTEREST IN BUSINESS
|
Business |
Position |
Shareholding |
As At |
|
HAJRA ENTERPRISE |
SOLE PROPRIETORSHIP |
100.00 |
26/03/2018 |
|
JAKEL TRADING |
PARTNERSHIP |
33.00 |
26/03/2018 |
OWNER(S) 3
|
Name Of Subject |
: |
MR. MOHAMED FAROZ BIN MOHAMED JAKEL |
|
Address |
: |
NO. 5A, JALAN AJI,, 85000 SEGAMAT, JOHOR, MALAYSIA. |
|
IC / PP No |
: |
A2112717 |
|
New IC No |
: |
720130-01-5805 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
18/06/2004 |
|
Shareholding |
: |
34% |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Court |
As At |
|
1 |
1229512D |
AJENTI SDN. BHD. |
Director |
502.00 |
- |
23/04/2018 |
|
|
2 |
1031363K |
ALITED PROPERTY SDN. BHD. |
Director |
336.00 |
- |
23/04/2018 |
|
|
3 |
1229474U |
AMUZEN SDN. BHD. |
Director |
502.00 |
- |
23/04/2018 |
|
|
4 |
810393X |
ARIANI TEXTILES & MANUFACTURING (M) SDN. BHD. |
Director |
340,000.00 |
- |
23/04/2018 |
|
|
5 |
1224187X |
AVANTE DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
6 |
826521V |
BERKAT HASRAT PETROLEUM MARKETING SDN. BHD. |
Director |
18,500,000.00 |
- |
23/04/2018 |
|
|
7 |
1034333D |
CEMARA LAND SDN. BHD. |
Director |
6,720,000.00 |
- |
23/04/2018 |
|
|
8 |
1093721U |
DUPION DEVELOPMENT SDN. BHD. |
Director |
3,360,000.00 |
- |
23/04/2018 |
|
|
9 |
852832A |
EASY REGION ENGINEERING SDN. BHD. |
Director |
6,210,000.00 |
- |
23/04/2018 |
|
|
10 |
913099X |
EASY REGION OILFIELD & ENGINEERING SDN. BHD. |
Director |
25.00 |
Disolved by Registrar |
23/04/2018 |
|
|
11 |
1041926U |
HAJRA PROPERTIES SDN. BHD. |
Director |
8,000,000.00 |
- |
23/04/2018 |
|
|
12 |
1212820W |
HITECH REAL ESTATE DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
13 |
985649U |
JAKEL BRANDED CONCEPTS SDN. BHD. |
Director |
520.00 |
- |
23/04/2018 |
|
|
14 |
1276419W |
JAKEL BUILDING MANAGEMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
15 |
1217319X |
JAKEL CAPITAL SDN. BHD. |
Director |
502.00 |
- |
23/04/2018 |
|
|
16 |
1180322X |
JAKEL DEFENCE SYSTEMS SDN. BHD. |
Director |
500,002.00 |
- |
23/04/2018 |
|
|
17 |
1089126M |
JAKEL DEVELOPMENT SDN. BHD. |
Director |
13,333,336.00 |
- |
23/04/2018 |
|
|
18 |
1217134D |
JAKEL HOLDINGS SDN. BHD. |
Director |
502.00 |
- |
23/04/2018 |
|
|
19 |
1049366A |
JAKEL LAND SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
20 |
954137X |
JAKEL PLANTATION SDN. BHD. |
Director |
200.00 |
- |
23/04/2018 |
|
|
21 |
950995K |
JAKEL PROPERTIES SDN. BHD. |
Director |
10,000,004.00 |
- |
23/04/2018 |
|
|
22 |
875416P |
JAKEL REALTY SDN. BHD. |
Director |
5,000,160.00 |
- |
23/04/2018 |
|
|
23 |
1217202A |
JAKEL TEXTILES SDN. BHD. |
Director |
502.00 |
- |
23/04/2018 |
|
|
24 |
849529H |
JAKEL TRADING SDN. BHD. |
Director |
13,333,336.00 |
- |
23/04/2018 |
|
|
25 |
1031365V |
JAYANO ESTATE REALTY SDN. BHD. |
Director |
336.00 |
- |
23/04/2018 |
|
|
26 |
1148432A |
JAYYID LAND SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
27 |
1108745T |
JBIZ DEVELOPMENT SDN. BHD. |
Director |
336.00 |
- |
23/04/2018 |
|
|
28 |
707577D |
LAYAR TEGAS SDN. BHD. |
Director |
1,000,000.00 |
- |
23/04/2018 |
|
|
29 |
1186599H |
LULU PROPERTIES (M) SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
30 |
1075656V |
MABRUR LAND SDN. BHD. |
Director |
6,666,668.00 |
- |
23/04/2018 |
|
|
31 |
293739T |
MULTI-ACCESS SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
32 |
979934V |
PELUANG HARTANAH SDN. BHD. |
Director |
1,666,668.00 |
- |
23/04/2018 |
|
|
33 |
975958W |
PERANO PROPERTIES DEVELOPMENT SDN. BHD. |
Director |
1,666,668.00 |
- |
23/04/2018 |
|
|
34 |
774022P |
PERANO SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
35 |
1219837D |
SAMIRA DEVELOPMENT SDN. BHD. |
Director |
0.00 |
- |
23/04/2018 |
|
|
36 |
634775D |
TH HEAVY ENGINEERING BERHAD |
Shareholder |
20,900,000.00 |
- |
23/04/2018 |
Note : ROC - Disolved, WU - Windup
INTEREST IN BUSINESS
|
Business |
Position |
Shareholding |
As At |
|
JAKEL TRADING |
PARTNERSHIP |
34.00 |
26/03/2018 |
MANAGEMENT
|
|
1) |
Name of Subject |
: |
MOHAMED FAROZ BIN MOHAMED JAKEL |
|
Position |
: |
PARTNER |
AUDITOR
|
No Auditor found in our databank
BANKING
|
Banking relations are maintained principally with :
|
1) |
Name |
: |
MALAYAN BANKING BHD |
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.
CRIMINAL
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.
PAYMENT
RECORD
|
|
|||||
|
SOURCES OF RAW MATERIALS: |
|
||||
|
Local |
: |
YES |
Percentage |
: |
40% |
|
Overseas |
: |
YES |
Percentage |
: |
60% |
|
Import Countries |
: |
ASIA,EUROPE,TURKEY,INDIA,EGYPT,PAKISTAN |
|||
CLIENTELE
|
|
Local |
: |
YES |
Percentage |
: |
100% |
|
Domestic Markets |
: |
MALAYSIA |
|||
|
Overseas |
: |
NO |
|||
|
Credit Term |
: |
15 - 30 DAYS |
|||
|
Payment Mode |
: |
CASH |
|||
|
Type of Customer |
: |
AGENTS,DEALERS,TEXTILES AND GARMENT INDUSTRIES |
|||
OPERATIONS
|
|
Goods Traded |
: |
|
|
|
Total Number of Employees: |
|
||||||||
|
YEAR |
2016 |
2015 |
2014 |
||||||
|
|
|||||||||
|
GROUP |
N/A |
N/A |
N/A |
||||||
|
COMPANY |
637 |
300 |
255 |
||||||
|
Branch |
: |
|
Other Information:
The Subject is principally engaged in the (as a / as an) trading of fabrics and
textiles.
The Subject offers a wide range of textiles including fabrics, 'batik',
organza, chiffon, crepe, satin and jacquard silk etc.
Besides that the Subject also sells , perfumes, carpets and related products.
Some of the Subject's silk are immaculately finished in embroidery embellished
with fine beads, sequins, machine-sewn or meticulously hand sewn.
In addition, the Subject offers its contemporary collection of crepe,
georgette, tissue and silk in various colours, patterns and designs.
The Subject also has wide range of fabrics for curtains and upholstery complete
with matching trimmings. It provides a made-to-measure service where customers
select the fabrics of their choice and the Subject will complete the task right
up to installation.
Fabrics sold at Subject's shop range from RM50 to RM9,000 per metre, there was
higher demand for the move expensive items.
As a leading supplier of fabrics, the Subject has been in the forefront
bringing in the finest fabrics, silk and textiles products from all over the
world including exclusive fabrics from Korea, India, Turkey, Singapore, France,
Spain and Italy.
Some of the more renowned brand names found at Jakel's stores are Valentino,
Pierre Cardin, Zegna, Armani, Lorenzo Riva, Ungaro and Solstiss.
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 |
: |
03-2615-0777 |
|
Current Telephone Number |
: |
07-9317978 |
|
Match |
: |
NO |
|
Address Provided by Client |
: |
NO 27,29,31,33 & 35 JALAN PLUMBUM,S7/5 SEKSYEN 7, 40000 SHAH
ALAM, SELANGOR MALAYSIA |
|
Current Address |
: |
NO 15, WISMA JAKEL, JALAN AJI, 85000 SEGAMAT, JOHOR, MALAYSIA. |
|
Match |
: |
NO |
Other Investigations
We contacted one of the staff from the Subject and he provided some
information.
The Subject refused to disclose its number of employees.
The contact number provided is not answered.
The address provided is the Subject's branch.
FINANCIAL
ANALYSIS
|
|
We are unable to comment on the Subject financial position as
the Subject is not required by the law to file its financial statement in the
Registrar of Business. |
||||||
|
Overall financial condition of the Subject : N/A |
||||||
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 |
|
|
46695 : Wholesale of textile fibres |
|
|
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
|
|
|
FINANCIAL
ACCOUNT
|
No latest financial accounts are available at the Registry Office.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.61 |
|
|
1 |
INR 90.60 |
|
Euro |
1 |
INR 79.86 |
|
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 : |
KET |
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.