MIRA
INFORM REPORT
|
Report Date : |
16.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
H.K. INDUSTRY CO. LTD. |
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Registered Office : |
#117, Woorim Lions Valley 2 Bldg., 680, Gasan-Dong, Guemchun-Gu, Seoul
– 153-787 |
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Country : |
Korea |
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Date of Incorporation : |
06/11/2004 |
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Legal Form : |
Company Limited by shares |
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Line of Business : |
Wholesales and manufactures of Electric and
Electronic parts |
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 |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
Basic
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Company
Name |
H.K.
INDUSTRY CO., LTD. |
|
Registered Address |
680,
Gasan-Dong, Guemchun-Gu, Seoul, Korea |
|
Building |
#117, Woorim Lions Valley 2 Bldg. |
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Zip Code |
153-787 |
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Tel |
+82-2-2027-3322 |
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Fax |
+82-2-2027-3324
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E-mail |
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Website |
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Trading Address |
#117,
Woorim Lions Valley 2 Bldg., 680, Gasan-Dong, Guemchun-Gu, Seoul, Korea |
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Tel |
+82-2-2027-3322 |
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Fax |
+82-2-2027-3324
|
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Type |
Import/Export |
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Industry |
Wholesales and manufactures of Electric and
Electronic parts |
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Main Business |
Electric Components, Electronics Components |
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Established (mm/dd/yyyy) |
06/11/2004 |
The Subject owns the premises of registered
address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Magnetic Sensor |
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Sell |
Microwave components |
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Sell |
High Voltage Transformer |
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Sell |
High Voltage Capacitor |
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Sell |
High Voltage Diode |
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Sell |
Microwave Dryer |
CEO’s
|
Name |
Jung Sung-Wook |
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Address |
1290-4, Sinjeong-dong, Yangcheon-gu, Seoul, Korea |
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Date of Birth |
07/25/1972 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
50,000,000 KRW |
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Employees |
Not Available, but
less than five(5) |
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Formation |
Co., Ltd by shares |
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Bank Details |
Woori Bank |
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Corporate Registered No. |
110111-3028879 |
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Business Registered No. |
109-81-92446 |
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Permit & Licenses |
Int’l Trade No.: 18802 |
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Shareholder Position |
N/A |
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Company History |
06/11/2004 Established 1/16/2006 Moved to the preset address from
1290-4, Sinjeong-dong, Yangcheon-gu, Seoul, Korea |
The Subject Company, the specialized company
of Magnet (NdFeB, SmCo, AlNiCo & Ferrite) , Magnetic Sensor (Reed Switch,
Reed sensor, Magnetic proximity sensor), supplys its products to not only
domestic but also overseas markets, including Japan, Europe, and USA which
required strict quality standards.
The Subject Company has also in the field of
microwave in handling the Microwave components of Magnetron, HVT(High Voltage
Trnasformer), HVC(High Voltage Capacitor), HVD(High Voltage Diode) and
Microwave Dryer for Special usage (Foodstuff and other industrial Goods).
He Subject is a Korea’s agent for Reed Relays
and Electronics India Limited.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Jung Sung-Wook |
Male |
Korean |
11/12/2004 |
|
Director |
Mr. |
Ha Yang-Rae |
Male |
Korean |
06/11/2004 |
|
Auditor |
M/S. |
Jeong Myung-Sun |
Female |
Korean |
11/12/2004 |
Financials
The financial is not available.
Financial Description
Unit: KRW
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
50,000,000 |
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Total Issues Shares |
10,000 |
Trade Partners
|
Suppliers |
Reed Relays and Electronics India Limited No.11, Old Mamallapuram Road, Ukkium Torappakkam,
Chennai 600 097, India Phone: 91-44-6528-4022/23 Fax:
91-44-2496-0098 |
Sales by Region (Activity
& Markets)
The Subject imports from India and exports its products to Japan and
USA.
Court Action
Not Available.
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 |
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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 |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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 and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)