oman - bahwan building materials llc

15
OMAN-15-OCT-2014.ZIP@OMAN@BAHWAN_BUILDING_MATERIALS_LLC_-_258833_22-MAR- 2014.DOC PAGE NO. : 1 PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials. MIRA INFORM REPORT Report Date : 22.03.2014 IDENTIFICATION DETAILS Name : BAHWAN BUILDING MATERIALS LLC Registered Office : Bayt Al Falaj Street, Al Wadi Al Kabir, PO Box : 169, Muscat 100 Country : Oman Financials (as on) : 31.12.2013 Date of Incorporation : 17.06.1979 Com. Reg. No.: 1/08739/8 Legal Form : Limited Liability Company Line of Business : Subject is engaged in the import and distribution of building materials, timber, steel and ceramics. No. of Employees : 220 RATING & COMMENTS MIRA’s Rating : Ba RATING STATUS PROPOSED CREDIT LINE 41-55 Ba Overall operation is considered normal. Capable to meet normal commitments. Satisfactory Status : Satisfactory Payment Behaviour : No complaints Litigation : Clear NOTES : Any query related to this report can be made on e-mail : [email protected] while quoting report number, name and date. ECGC Country Risk Classification List – September 30, 2013 Country Name Previous Rating Current Rating EMISPDF sg-sim from 202.172.246.165 on 2015-03-09 02:50:18 GMT. DownloadPDF. Downloaded by sg-sim from 202.172.246.165 at 2015-03-09 02:50:18 GMT. EMIS. Unauthorized Distribution Prohibited.

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  • OMAN-15-OCT-2014.ZIP@OMAN@BAHWAN_BUILDING_MATERIALS_LLC_-_258833_22-MAR-

    2014.DOC PAGE NO. : 1

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    MIRA INFORM REPORT Report Date : 22.03.2014

    IDENTIFICATION DETAILS

    Name : BAHWAN BUILDING MATERIALS LLC Registered Office : Bayt Al Falaj Street, Al Wadi Al Kabir, PO Box : 169, Muscat 100 Country : Oman Financials (as on) : 31.12.2013 Date of Incorporation : 17.06.1979 Com. Reg. No.: 1/08739/8 Legal Form : Limited Liability Company Line of Business : Subject is engaged in the import and distribution of building materials, timber,

    steel and ceramics. No. of Employees : 220

    RATING & COMMENTS

    MIRAs Rating : Ba

    RATING STATUS PROPOSED CREDIT LINE

    41-55 Ba Overall operation is considered normal. Capable to meet normal commitments.

    Satisfactory

    Status : Satisfactory Payment Behaviour : No complaints Litigation : Clear NOTES : Any query related to this report can be made on e-mail : [email protected] while quoting report number, name and date.

    ECGC Country Risk Classification List September 30, 2013

    Country Name Previous Rating Current Rating

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    2014.DOC PAGE NO. : 2

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    (30.06.2013) (30.09.2013)

    Oman A2 A2

    Risk Category ECGC Classification

    Insignificant

    A1

    Low

    A2

    Moderate

    B1

    High

    B2

    Very High

    C1

    Restricted

    C2

    Off-credit

    D

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  • OMAN-15-OCT-2014.ZIP@OMAN@BAHWAN_BUILDING_MATERIALS_LLC_-_258833_22-MAR-

    2014.DOC PAGE NO. : 3

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    OMAN - ECONOMIC OVERVIEW

    Oman is a middle-income economy that is heavily dependent on dwindling oil resources. Because of declining reserves and a rapidly growing labor force, Muscat has actively pursued a development plan that focuses on diversification, industrialization, and privatization, with the objective of reducing the oil sector's contribution to GDP to 9% by 2020 and creating more jobs to employ the rising numbers of Omanis entering the workforce. Tourism and gas-based industries are key components of the government's diversification strategy. However, increases in social welfare benefits, particularly since the Arab Spring, will challenge the government's ability to effectively balance its budget if oil revenues decline. By using enhanced oil recovery techniques, Oman succeeded in increasing oil production, giving the country more time to diversify, and the increase in global oil prices through 2011 provided the government greater financial resources to invest in non-oil sectors. In 2012, continued surpluses resulting from sustained high oil prices and increased enhanced oil recovery allowed the government to maintain growth in social subsidies and public sector job creation. However, the Sultan made widely reported statements indicating this would not be sustainable, and called for expanded efforts to support SME development and entrepreneurship. Government agencies and large oligarchic group companies heeded his call, announcing new initiatives to spin off non-essential functions to entrepreneurs, incubate new businesses, train and mentor up and coming business people, and provide financing for start-ups. In response to fast growth in household indebtedness, the Central Bank reduced the ceiling on personal interest loans from 8 to 7%, lowered mortgage rates, capped the percentage of consumer loans at 50% of borrower's salaries for personal loans and 60% for housing loans, and limited maximum repayment terms to 10 and 25 years respectively. Source : CIA

    SSSUUUMMMMMMAAARRRYYY Company Name : BAHWAN BUILDING MATERIALS LLC Country of Origin : Oman Legal Form : Limited Liability Company LLC Registration Date : 17

    th June 1979

    Commercial Registration Number : 1/08739/8 Chamber Membership Number : 206 Issued Capital : RO 150,000 Paid up Capital : RO 150,000 Total Workforce : 220 Activities : Import and distribution of building materials, timber, steel and ceramics. Financial Condition : Fair Payments : Nothing detrimental uncovered Operating Trend : Steady

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  • OMAN-15-OCT-2014.ZIP@OMAN@BAHWAN_BUILDING_MATERIALS_LLC_-_258833_22-MAR-

    2014.DOC PAGE NO. : 4

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    CCCOOOMMMPPPAAANNNYYY NNNAAAMMMEEE BAHWAN BUILDING MATERIALS LLC

    AAADDDDDDRRREEESSSSSS Registered & Physical Address Street : Bayt Al Falaj Street Area : Al Wadi Al Kabir PO Box : 169 Town : Muscat 100 Country: Sultanate of Oman Telephone : (968) 24810983 / 24813752 / 23211333 / 24424794 Facsimile : (968) 24815755 Mobile : (968) 99216569 / 99412476 / 94030194 / 99377036 Email : [email protected] Premises Subject operates from a medium sized suite of offices and a warehouse that are owned and located in the Central Business Area of Muscat. Branch Offices Location Description Salalah Industrial Area Office premises Tel: (968) 23211333 Fax: (968) 23210199 Subject operates 7 other branches located throughout Oman.

    KKKEEEYYY PPPRRRIIINNNCCCIIIPPPAAALLLSSS Name Nationality Position Sheikh Suhail Salem Abdullah Bahwan Omani Chairman Sheikh Ahmed Suhail Salem Abdullah Bahwan Omani Director Ravendhra Gondali - General Manager

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  • OMAN-15-OCT-2014.ZIP@OMAN@BAHWAN_BUILDING_MATERIALS_LLC_-_258833_22-MAR-

    2014.DOC PAGE NO. : 5

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    Manish Kumar - Assistant General Manager Ramesh Babu - Commercial Manager Ajay Talwar - Finance Manager Murli Darren - Administrative Officer Azhurallah Khan - Sales Manager Mohamed Rabee - Collections Manager Hesham Essmat - Salalah Branch Manager

    LLLEEEGGGAAALLL FFFOOORRRMMM &&& OOOWWWNNNEEERRRSSS Date of Establishment : 17

    th June 1979

    Legal Form : Limited Liability Company LLC Commercial Reg. No. : 1/08739/8 Chamber Member No. : 206 Issued Capital : RO 150,000 Paid up Capital : RO 150,000 Name of Shareholder (s) Sheikh Suhail Salem Abdullah Bahwan Sheikh Ahmed Suhail Salem Abdullah Bahwan

    AAAFFFFFFIIILLLIIIAAATTTEEEDDD CCCOOOMMMPPPAAANNNIIIEEESSS Subject is a member of the well known Suhail & Saud Bahwan group of companies that comprises the following concerns: Al Gaddag Engineering LLC PO Box: 168 Muscat Tel: (968) 24712470 Suhail & Saud Bahwan Building Materials LLC

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    2014.DOC PAGE NO. : 6

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    PO Box: 169 Muscat Tel: (968) 24797581 Fax: (968) 24797169 Suhail & Saud Bahwan Building Materials LLC Al Qurum District PO Box: 3168 / 703, Ruwi 112 Muscat Tel: (968-24) 700983 / 793741 / 561377 Fax: (968-24) 793755 Amiantit Oman SAO PO Box: 1417 Seeb Tel: (968-25) 626600 Arab Merchants Co LLC PO Box: 6228 Muscat Tel: (968-24) 701221 Arabian Car Marketing Co LLC PO Box: 169 Muscat Tel: (968-24) 793741 Fax: (968-24) 796158 Arabian Caravans Furnishing & Trading Co LLC PO Box: 169 Muscat Tel: (968-24) 797596 Fax: (968-24) 562089 Auto Parts Centre LLC PO Box: 2619 Muscat Tel: (968-24) 564308 Fax: (968-24) 564309 Automobile Automotive Centre PO Box: 6168 Muscat Tel: (968-24) 561377 Fax: (968-24) 561631 Bahwan Contracting Company LLC PO Box: 4098 Muscat Tel: (968-24) 591092

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  • OMAN-15-OCT-2014.ZIP@OMAN@BAHWAN_BUILDING_MATERIALS_LLC_-_258833_22-MAR-

    2014.DOC PAGE NO. : 7

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    Fax: (968-24) 591098 Bahwan Foods (Khalijana) Co LLC PO Box: 3711 Muscat Tel: (968-24) 592492 Bahwan Trading Company LLC Suhail Bahwan Building PO Box: 169 & 2 Muscat 113 Tel: (968-24) 793750 / 24793741 Fax: (968-24) 796158 Bahwan Travel Agencies LLC PO Box: 282 Muscat Tel: (968-24) 740455 Fax: (968-24) 700483 Bahwan Engineering Co LLC (BEC) Bahwan Centre Sultan Qaboos Street Al Ghoubra , Ruwi PO Box: 703 Muscat 112 Tel: (968-24) 597510 Fax: (968-24) 597511 Delta Ltd PO Box: 4537 Muscat Tel: (968-24) 708483 Ebin Rushed Pharmacy Co LLC PO Box: 169 Muscat Tel: (968-24) 701557 Fax: (968-24) 701547 International Equipment & Contracting Co LLC PO Box: 169 Muscat Tel: (968-24) 714482 Fax: (968-24) 793755 National Crushers PO Box: 961 Muscat Tel: (968-24) 591461

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    2014.DOC PAGE NO. : 8

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    Rent-A-Car LLC PO Box: 282 Muscat Tel: (968-24) 561427 Fax: (968-24) 700483 Utmost Building Materials Co LLC Al Burj Building, 1

    st Floor

    Deira PO Box: 55014 Dubai United Arab Emirates Tel: (971-4) 3553883 Fax: (971-4) 3553776 Gulf Mercantile Trading Al Burj Building, 1

    st Floor

    Deira PO Box: 55014 Dubai United Arab Emirates Tel: (971-4) 3553883 Fax: (971-4) 3553776 Mercantile Information & Telecommunication Technology Est (MITTE) Sheikha Aisha Building Al Salam Street PO Box: 41175 Abu Dhabi United Arab Emirates Tel: (971-2) 6458909 Fax: (971-2) 6458907 Al Mutawah Trading Co LLC Al Mutawah Building Sultan Qaboos Street Al Ghobra PO Box: 17, Muttrah 114 Muscat Tel: (968-24) 591871 / 591872 / 591521 Fax: (968-24) 592370 Al Omaniya Automobile Marketing LLC PO Box: 2619 Seeb Tel: (968-25) 560925 Fax: (968-25) 564309 Arabian Engineering Services LLC

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    2014.DOC PAGE NO. : 9

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    PO Box: 6000 Muscat Tel: (968-24) 561377 Fax: (968-24) 561631 Bilad (Oman) LLC PO Box: 42006 Rusayl Tel: (968-24) 626001 Fax: (968-24) 591098 Electronics Company LLC PO Box: 8111 Muttrah Tel: (968-24) 793741 Fax: (968-24) 796158 Inma Company Oman LLC PO Box: 3760 Muscat Tel: (968-24) 562100 Fax: (968-24) 562039 Port Services Corp SAOG PO Box: 133 Muscat Tel: (968) 24714001 Fax: (968) 24714007 Qurum Contractors LLC PO Box: 7003 Muscat Tel: (968) 24562720 Sogex Oman LLC PO Box: 4739 Muscat Tel: (968) 24563055 Fax: (968) 24564608

    OOOPPPEEERRRAAATTTIIIOOONNNSSS Activities: Engaged in the import and distribution of building materials, timber, steel and ceramics. The company is structured into three Strategic Business Units all operating in Oman. Basic Building Materials Division cater to the requirement of Steel Reinforcement bars ASTM Gr. 60 & BS 4449 Gr. 460 from Sharq Sohar (Oman), Hadeed (KSA), RAK Steels & Gulf Steels (UAE) & various Turkish Mills

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    2014.DOC PAGE NO. : 10

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    Special Steel from ThyssenKrupp, Germany OPC, SRC & White Cement (Oman & UAE) Timber White wood (Chille & Austrian) Red Wood & Red Miranti (Malaysia) Commercial Plywood & Shuttering Plywood from Indonesia. Hardware Division cater to requirement of Ceramics from RAK Ceramics, UAE. Wall & Floor tiles in size range 10x10 to 50x50 with various unique colours & designs to choose. Gres Porcellanto homogeneous tiles in size range 30x30 to 60x60 Gres Porcellanto Slabs upto 1.2 M x 1.8M for Floors, Cladding, Counters, Kitchen tops & Steps & Risers. A galaxy of eye catch Listellos & Inserto for Kitchens & Bathrooms Swimming Pool tiles for pool interior & Dck Water Jet designs as per customers requirement. Sanitaryware from RAK Ceramics, UAE : - 25 Suites to choose in 15 different colours - Oman Ceramics 5 suites in 15 different colours - Shires Bathroom, United Kingdom - IFO Sanitar, Sweden. - Budget suites from Parryware, India - Value for money sanitaryware from India. - KLUDI Mixers from RAK, UAE Brassware, Tapware, Sanitary fittings from Germany, Italy & India - Plumbing Ferrous GI Pipes from Oman & India. Copper Pipes Muller, UK & Fittings from United Kingdom. Plain Pipe from Oman & Fittings from United Kingdom. UPTHERM Pipes from Oman. Paints Decorative Paints - Oman & UAE (Asian, Berger & Jotun) Industrial Paints Berger, Oman Multicolour system from Alchem, UAE. Auto Paints from PPG - MAXMAYER/NEXA AUTOCOLOR, UK/ITALY. Construction Chemicals from Aspec (Kuwait) & RAK Laticrete. PVC Floor Covering from India Water heaters from Oman Fiberglass Insulation from Kuwait Rockwool Insulation from UAE. Shuttering Props, China HDPE Linear from Taiwan/Europe. "Alyaf" Geotextile Membrane, KSA Road Marking Paints from KSA Skylights from United Kingdom Polymer Concrete & SS Channel & Gradings from ACO, UK/Germany Drainage Products FC Frost, UK Cast Iron Pipe & Fittings from France

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    2014.DOC PAGE NO. : 11

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    Woven Geotextile Membranes from Holland. Geogrid Tenax, Italy Supply & Apply of Liquid/Torch-on & Self Adhesive Waterproofing. Polystyrene (Extruded & Expanded) Asbestos Cement Pipes & Fittings. GI Refuse Containers, Germany DuPont Corean Tops, Belgium RADCON Formula #7 Lifetime Waterproofing and Protection for Structural concrete. UPTHERM PPR Pipes & Fittings. Electrical & Special Products Division Lighting & Luminaires Whitecroft/UK Cooper Lighting & Security (Crompton) UK Disano/Italy Crompton Greaves/India Emergency Lighting Cooper Light & Security (JSB) UK Lamps & Tube Lights Sylvania/Europe Fire Alarm System Edwards International/Canada Dimming System Quantran Systems/UK Public Address System Ahuja/India Security System BPT/Italy Fans (Ceiling & Exhaust) Usha/India LV Cables, Conductors & Wires Oman Cables Industries/Riyadh Cables. Galvanised Wire for Cables BRC Meshes Cast Iron & Ductile Iron Manhole Covers Chain Link Fencing Blasting Grit (Garnet) Steel Straps Safety Barrier Beams for Road (Guard Rail) Import Countries: Europe, China and GCC countries. International Suppliers: RAK Ceramic United Arab Emirates ACO Systems FZE United Arab Emirates AGA Rangemaster Limited United Kingdom NITCO Ceramic Ltd China Brand Names: AHUJA, ASIAN PAINTS, BERGER, CROMPTON GREAVES, GROHE, KIMMCO

    and TRIMBLE Operating Trend: Steady Subject has a workforce of approximately 220 employees.

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    2014.DOC PAGE NO. : 12

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    FFFIIINNNAAANNNCCCIIIAAALLL DDDAAATTTAAA Financial highlights provided by local sources are given below: Currency: Riyal Omani (RO) Year Ending 31/12/12: Year Ending 31/12/13: Total Sales RO 45,200,000 RO 45,900,000 Local sources consider subjects financial condition to be Fair. The above financial figures are based on estimations by our local sources.

    BBBAAANNNKKKEEERRRSSS Commercial Bank of Oman SAOG Muttrah Business District PO Box: 1696, Ruwi 112 Muscat Tel: (968) 24793225 / 24793226 / 24793228 Fax: (968) 24793229 HSBC Middle East PO Box: 234 Muscat 113 Tel: (968) 24736041 / 24736042 Fax: (968) 24736043

    PPPAAAYYYMMMEEENNNTTT HHHIIISSSTTTOOORRRYYY No complaints regarding subjects payments have been reported. Date of transaction April 2008 Credit amount 150,000 Amount overdue 0 Payment terms 60 days Payment Method Letters of Credit Paying record No Complaints Currency US Dollars

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    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    GGGEEENNNEEERRRAAALLL CCCOOOMMMMMMEEENNNTTTSSS During the course of this investigation nothing detrimental was uncovered regarding subjects operating history or the manner in which payments are fulfilled. As such the company is considered to be a fair trade risk.

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  • OMAN-15-OCT-2014.ZIP@OMAN@BAHWAN_BUILDING_MATERIALS_LLC_-_258833_22-MAR-

    2014.DOC PAGE NO. : 14

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    FOREIGN EXCHANGE RATES

    Currency Unit Indian Rupees

    US Dollar 1 Rs.61.05 UK Pound 1 Rs.100.81 Euro 1 Rs.84.18

    INFORMATION DETAILS

    Report Prepared by : NNA

    RATING EXPLANATIONS

    RATING STATUS

    PROPOSED CREDIT LINE

    >86 Aaa Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

    Unlimited

    71-85 Aa Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

    Large

    56-70 A Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

    Fairly Large

    41-55 Ba Overall operation is considered normal. Capable to meet normal commitments.

    Satisfactory

    26-40 B Capability to overcome financial difficulties seems comparatively below average.

    Small

    11-25 Ca Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

    Limited with full security

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    2014.DOC PAGE NO. : 15

    PRIVATE & CONFIDENTIAL: This report is forwarded to the Subscriber in strict confidence and will use the information generally as an aid to its business only and for no other purpose. The report contains information compiled from information which Mira Inform Private Limited (MIPL) does not control and which has not been verified unless otherwise indicated in this report. MIPL therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. MIPL disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report. This material is confidential and proprietary to MIPL and/or third parties and may not be reproduced, published or disclosed to others without the express authorization of MIPL. This report is issued at your request without any risk and responsibility on the part of MIPL or its officials.

    PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

    This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

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