MIRA INFORM REPORT

 

 

Report Date :

6th November 2006

 

IDENTIFICATION DETAILS

 

Name :

NANOMAX CO LTD.

 

 

Registered Office :

43, Eonam-dong, Jung-gu, Daejeon, Korea

 

 

Country :

Korea

 

 

Financials (as on) :

31/12/2003

 

 

Date of Incorporation :

05/12/2006

 

 

Legal Form :

Co., Ltd. By shares

 

 

Line of Business :

Manufacturers of surface active agent, EPS agents

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


 

Ⅰ. Basic Information

 

Basic

 

Company Name

Nanomax Co Ltd.

Address

43, Eonam-dong, Jung-gu, Daejeon, Korea

Building

 

Zip Code

301-231

Tel

+82-42-285-3811

Fax

+82-42-285-3553

E-mail

polaris57@kornet.net

Website

 

Other Address

 

Tel

 

Fax

 

Type

Import/Export

Industry

Manufacture of Surface Active Agent, EPS Agents

  Main Business

Surface Active Agent

  Sub Business

 

Established

05/12/2006

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Surface Active Agent

Sell

EPS Agents

 

 

Others

 

Name

Chang Yong-Sei

Address

12-19, Goejeong-dong, Seo-gu, Daejeon 302-814 Korea

Date of Birth

10/01/1952

Title

CO-President & CEO

Sex

Male

Nationality

Korean

Capital

50,000,000 KRW

Employees

 

Formation

Co., Ltd. By shares

According to the registry, Mr. Kim Yoon-Kil(Mobile :+82-16-704-8414) has resigned as of 06/30/2006.

 


Ⅱ. Detailed Information

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

CO-President & CEO

Mr.

Chang Yong-Sei

Male

Korean

06/30/2006

CO-President & CEO

Mr.

Hong Wan-Ki

Male

Korean

06/30/2006

Director

Mr.

Chang Yu-Hyun

Male

Korean

06/30/2006

Auditor

Mr.

Hong Suck-Nam

Male

Korean

06/30/2006

 

 

Financials 

 

Unit: KRW

Year

Sales

Assets

Net income

2005

 

 

 

2004

 

 

 

2003

 

 

 

2002

 

 

 

The financial is not available.

 

 

Financial Description  

 

Unit: KRW

Authorized Capital

200,000,000

Paid-Up Capital

50,000,000

Total Issues Shares

5,000

 

Balance Sheet                           Unit : Million Korean Won

 

As of 12/31/2005

As of 12/31/2004

As of 12/31/2003

Total Assets

 

 

 

Current Assets

 

 

 

-Quick Assets

 

 

 

-Inventories

 

 

 

Fixed Assets

 

 

 

-Investment

 

 

 

-Tangibles

 

 

 

-Intangibles

 

 

 

Total Liabilities

 

 

 

Current Liabilities

 

 

 

Fixed Liabilities

 

 

 

Capital Stock

 

 

 

Capital Surplus

 

 

 

Profit Surplus

 

 

 

Capital Adjustment

 

 

 

Total Equity

 

 

 

Liab. & Shareholder’s Equity

 

 

 

 

    Income Statement                       Unit : Million Korean Won

 

As of 12/31/2005

As of 12/31/2004

As of 12/31/2003

Sales

 

 

 

Cost of Sold Goods

 

 

 

Gross Profit

 

 

 

Selling & Admin. Expenses

 

 

 

Operating Income

 

 

 

Non-Operating Income

 

 

 

Non-Operating expenses

 

 

 

Ordinary Income

 

 

 

Special Income

 

 

 

Income Before Taxes

 

 

 

Income Taxes Expenses

 

 

 

Net Income

 

 

 

Bank Details

Industrial Bank of Korea

Corporate Registered No.

160111-0207252

Business Registered No.

 

Permit & Licenses

 

Shareholder Position

 

Company History

05/12/2006 Established.

07/28/2006 Moved to the present address

 

 

Products, Technologies, Services

Description

 

Main Products & Services

 

Detailed Products Spec.

 

Technologies Acquired

 

 

 

Organization Structure

 

Suppliers

 

Customers

 

Competitors

 

 

 

Related Parties (Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates

 

Overseas Office

 

Liaison Office

 

Overseas Branch

 

Join Venture

 

Subsidiary

 

Corporate Ownership

 

Major Shareholders

 

Cooperative Enterprise

 

 

 

Sales by Region (Activity & Markets)

 

Sales/ Unit :Mil KRW

2005

2004

2003

Export

 

 

 

Domestic

 

 

 

Total

 

 

 

 

 

Court Action

 

Case No.

Court

Plaintiff(s)/ Creditor(s)/ Applicant(s)

Defendant(s)/ Debtor(s)/ Respondent(s)

Cause

Amount (KRW)

Status

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

News Clipping

 

 

 


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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