MIRA
INFORM REPORT
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Report Date : |
20th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
SEUNG RI LEATHER SANG SA |
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Registered Office : |
1st
Floor, 321-90, 1-Dong, Sungsu-2GA, Sungdong-Gu, Seoul, Korea |
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Country : |
Korea |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Leather of pig |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small
Company |
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Payment Behaviour : |
Unknown
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Litigation : |
Clear |
Note
The Reason we provided Seung Ri Leather Sang SA is because the information (Address/Phone/Fax) you gave us is matched with Suyung Lee Leather.
Basic
Information
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Company Name |
Seung Ri Leather
Sang SA (Called as
Seung-Ri-Pi-Hyuck in Korean) |
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Address |
1st Floor, 321-90,
1-Dong, Sungsu-2GA, Sungdong-Gu, Seoul, Korea |
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Zip
Code |
133-827 |
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Tel |
+82-2-469-2007 It seems this
number is linked the owner’s mobile while he is away from his place. |
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Mobile |
+82-2-469-2007 +82-11-750-8613 (Mobile) |
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Fax |
+82-2-468-2008 |
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Type |
Import |
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Industry |
Leather Wholesale |
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Main
Business |
Leather of pig |
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Established |
Mr. Oh Sung-Joong did not confirm, but he has
been for over 15 years. |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Import/Sell |
Leather of pig |
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Import/Sell |
Leather |
Others
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Name |
Oh Sung-Joong |
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Address |
- |
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Date of Birth |
- |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
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Capital |
Not available |
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Employees |
1 |
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Formation |
Sole Proprietorship owned by the subject’s owner -In Korea Sole Proprietorship does not have any
obligation to open to the public on its information and financials. |
The subject’s
information is very limited, so we once again contacted Mr. Oh
Sung-Joong. However he did not open their information. In the question whether
the subject has changed company name to Suyung Lee Leather, he said, “No,
Changes in company name.”
Management
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Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
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President/Owner |
Mr. |
Oh Sung-Joong |
Male |
Korean |
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Financial Description
Unit: KRW
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Authorized
Capital |
In Korea Sole Proprietorship does not have any
obligation to open to the public on its information and financials. |
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Paid-Up
Capital |
Not available |
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Total Issued Shares |
Not available |
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Bank Details |
Not available |
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Corporate Registered
No. |
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Business Registered
No. |
Not available (He rejected this number.) |
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Permit &
Licenses |
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Shareholder
Position |
100% owned by the owner |
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Company History |
The owner has
been engaged in this industry for 15 years. |
Products, Technologies, Services
Description
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Main
Products & Services |
Leather |
Organization Structure
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Domestic Suppliers |
The subject imports the leather from China,
India, Pakistan and Bangladesh. As of 03/2006, the subject has imported leather
twice from one of the Asian countries and sells to the domestic market now. |
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Domestic Customers |
Wholesalers |
International Trade (Activity
& Markets)
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Region |
Country |
Details |
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Asia |
China |
Import
from |
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Asia |
India |
Import
from |
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Asia |
Pakistan |
Import
from |
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Asia |
Bangladesh |
Import
from |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and principal
sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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