|
|
|
MIRA INFORM REPORT
|
Report No. : |
510501 |
|
Report Date : |
30.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
PHARMA APEX COMPANY LIMITED |
|
|
|
|
Registered Office : |
No. (889), Aung Thiri Street, (28) Quarter,
North Dagon Township, Yangon |
|
|
|
|
Country : |
Myanmar |
|
|
|
|
Date of Incorporation : |
28.06.2012 |
|
|
|
|
Com. Reg. No.: |
1218/2012-2013 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
· Wholesale of pharmaceutical goods ·
Wholesale of other machinery and equipment |
|
|
|
|
No. of Employees : |
20-34 |
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) |
|
Myanmar |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
Company
Summary
|
|
|
Business Name |
Pharma Apex Company Limited |
|
Country |
MYANMAR |
|
Company Registration Number |
1218/2012-2013 |
|
Main Activity Code |
4646 |
|
Main Activity Description |
Wholesale of pharmaceutical goods |
|
Company Status |
Active (Active) |
|
Latest Turnover Figure |
- |
|
Latest Shareholder Equity Figure |
- |
Basic
Information
|
|
|
Business Name |
Pharma Apex Company Limited |
|
Registered Company Name |
Pharma Apex Company Limited |
|
Company Registration Number |
1218/2012-2013 |
|
Country |
MYANMAR |
|
Date of Company Registration |
2012-06-28 |
|
Legal Form |
Limited Liability Company |
|
Type of Ownership |
|
|
Company Status |
Active (Active) |
|
Contact Telephone Number |
+95 943023624 |
Main
Address
|
||
|
Address |
Country |
Telephone |
|
No. (889), Aung Thiri Street, (28) Quarter, North Dagon Township, Yangon |
MYANMAR |
+95 943023624 |
Other
Address
|
|
No other addresses for this company. |
Previous
Address
|
|
No previous addresses for this company. |
Activities
|
|
|
Activity Code |
Activity Description |
|
4646 |
Wholesale of pharmaceutical goods |
|
4669 |
Wholesale of other machinery and equipment |
Email
Addresses
|
Web
Pages
|
Employee
Information
|
|
Date Reported Number of Employees |
|
2018 20-34 |
Banker
Information
|
|
Myanmar Investment and commercial Bank |
Advisors
Information
|
|
No advisor information for this company. |
Miscellaneous
Information
|
|
|
Fax Number |
|
|
Export Countries |
|
|
Import Countries |
|
|
Additional Business Information |
Main Activities: The subject is engaged in supply of pharmaceutical products and medical equipment. It has offices in 10 cities. The subject is registered with the Ministry of National Planning & Economic Department with the license No (1218 / 2012-2013) and with the Ministry of Commerce which issued the import/export license No (Hta Tha Ka – 28277). The subject supplies: Orthopaedic products and instruments Optima cast & splint POP and soft bandages X- ray film CT contrast to imaging section Disposable product Apron and bed sheets Partners: Anji Baokang Medical Instrument Co., Ltd, JOIN ENTERPRISE Co., Ltd., Bai Yun San He Sensititive Material Co., Ltd., UNOSOURCE PHARMA Ltd., SANOCHEMIA PHARMAZEUTIKA AG., SIORA SURGICALS PVT. LTD., MIRAEMEDICAL CO., LTD., TYSON BIORESEARCH, INC., RHYBURG PHARMACEUTICALS LTD. |
|
Additional Payment Information |
Payment history: No payment history is available. |
|
Additional Financial Information |
Financial information: Private companies in Myanmar are not required to publish or disclose balance sheets. Balance sheets are not available from other sources. |
|
Number of Employees at Address |
20-34 |
|
Number of Employees at Group |
|
|
Number of Employees at Factory |
|
Additional
Miscellaneous Information
|
|
|
Established |
2012 The Supplies Could Get Only information on Year, not month and Day at this time. |
|
Line of Business |
Consumer goods wholesale |
|
Industry Division |
Wholesale trade |
|
Banks |
Account number FDP.10.0617 |
|
Responsible Register |
Directorate of Investment and Company Administration |
|
Legal domicile |
North Dagon Township, Myanmar |
|
Remarks |
Note: June 27, 2020 (expiry date for the official registry) |
|
Sanctions List |
We did not find the company included on the various international sanctions lists, such as the OFAC (Office of Foreign Assets Control), the BIS (Bureau of Industry and Security), the European Union Restrictive measures (sanctions) list, the Export Control Organisation (ECO) of the UK, the Australian Department of Foreign Affairs and Trade. |
|
Owners/-s |
Names of the shareholders are not available. |
|
Operations & branches |
At the address, No. (889), Aung Thiri Street, (28) Quarter, North Dagon Township, Yangon, we find the subject's head office. Additional information: Mobile: +95 943135070 Mobile: +95 9798000820 Website: https://www.facebook.com/pharmaapex |
|
Company's Background |
We have consulted the Directorate of Investment and Company Administration and the tax number and capital amount were not disclosed. According to the subject's website, the company is looking for an oversea partner to cooperate pharmaceuticals products and medical equipment market with big volume for mutual advantage in Myanmar. Currently the company is under discussion with some European companies, Bangladesh pharmaceuticals companies, India pharmaceuticals companies and some other medical equipment companies from Korea. The subject has also done a contract with a Malaysian glove factory to manufacture the rubber gloves in Myanmar. |
|
Comments About Your Request |
Please find in this report the subject's complete address. |
Financial
Information
|
|
No financial information for this company. |
Current Directors
|
Name |
Gender |
Address |
Position |
|
|
|
|
|
|
Htet Htet Khaing |
Unknown |
Myanmar |
Director |
|
Phyo Min Aye |
Unknown |
|
Chief Executive Officer |
Previous Directors
No previous directors for this
company.
Share Capital Structure
No share capital information
for this company
Group Structure
No group structure information
for this company
Negative Information
Public records information: No
legal actions determined.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.82 |
|
|
1 |
INR 91.17 |
|
Euro |
1 |
INR 78.70 |
|
MYR |
1 |
INR 16.96 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
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.