I-Remit Incorporated Company Profile - Aug 31, 2011

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I-Remit Incorporated Company Profile - Aug 31, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   I-Remit Incorporated
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Philippine Pesos

                                 Wright Quality Rating:LBNN                                  Key Data

   I-Remit, Inc. (I-Remit) is a Philippines-based company engaged in the business of         Ticker:
   servicing the remittance needs of overseas Filipino workers (OFWs) and other              I
   migrant workers. The Company provides fund transfer and remittance services, from
   abroad into the Philippines or otherwise, of any form or kind of currencies or monies,    2010 Sales:
   either by electronic, telegraphic, wire or any other mode of transfer. Other activities
                                                                                             769,910,376
   include providing the delivery of such funds or monies, both in the domestic and
   international market, by providing courier or freight forwarding services. In addition,
   it is also engaged in the provision of auxiliary services, such as liaising and           Major Industry:
   coordinating with, and accepting and distributing membership contributions, loan          Miscellaneous
   amortization payments, and premium payments to various government and non-
   government entities. The Company operates in 27 countries and territories                 Sub Industry:
   worldwide.                                                                                Service Organizations
                       Stock Chart                                 Officers
                                                          Chairman & Chief Executive         Country:
                                                                Bansan C. Choa               Philippines

                                                          President & Chief Operating        Currency:
                                                                    Officer
                                                                                             Philippine Pesos
                                                             Harris Edsel D. Jacildo

                                                                                             Fiscal Year Ends:
                                                                                             December

                                                                                             Employees
                                                                                             312

                                                                                             Exchanges:
                                                                                             PHL

                                                                                             Share Type:
                                                                                             Common

                                                   
				
DOCUMENT INFO
Description: I-Remit, Inc. (I-Remit) is a Philippines-based company engaged in the business of servicing the remittance needs of overseas Filipino workers (OFWs) and other migrant workers. The Company provides fund transfer and remittance services, from abroad into the Philippines or otherwise, of any form or kind of currencies or monies, either by electronic, telegraphic, wire or any other mode of transfer. Other activities include providing the delivery of such funds or monies, both in the domestic and international market, by providing courier or freight forwarding services. In addition, it is also engaged in the provision of auxiliary services, such as liaising and coordinating with, and accepting and distributing membership contributions, loan amortization payments, and premium payments to various government and non-government entities. The Company operates in 27 countries and territories worldwide.
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