MIRA INFORM REPORT

 

 

Report Date :

31.01.2007

 

IDENTIFICATION DETAILS

 

Name :

DHA ENGINEERING & TRADING

 

 

Registered Office :

Rm. 802, Seongan Officetel, 87-36, Duryu 2-dong, Dalseo-gu, Daegu - 704-712

 

 

Country :

Korea

 

 

Date of Incorporation :

02/01/1998

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Wholesale of Other Industrial Machinery and Equipment

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Status :

Small Company

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 


Basic

 

Company Name

DHA ENGINEERING & TRADING

Address

87-36, Duryu 2-dong, Dalseo-gu, DAEGU, KOREA

Building

Rm. 802, Seongan Officetel

Zip Code

704-712

Tel

+82-53-650-7011

Fax

+82-53-650-7013

Type

Export

Industry

Wholesale of Other Industrial Machinery and Equipment

Established

02/01/1998

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Machinery for Textiles

 

 

Others

 

Name

Park Soon-Ok

Address

N/A

Date of Birth

N/A

Title

Owner

Sex

Female

Nationality

Korean

Capital

Not Applicable. (For the Sole Proprietorship, it does not have any obligation to register its paid-up capital.)

Employees

4

Formation

Sole Proprietorship

 

The subject deals with the companies in India, Pakistan and Vietnam.

 

We talked with M/S. Park Soon-Ok for getting further information, however she did not want to open its company information. But we guess she is only the nominal owner as a representative. In the calling to the above contact number, it seems to be linked to her direct mobile phone.

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Owner

M/S.

Park Soon-Ok

Male

Korean

 

 

 

Financials                                                

 

The financial is not available.

 

 

Bank Details

Korea Exchange Bank

Bongduck Branch

 

 

Corporate Registered No.

Not Applicable (For the Sole Proprietorship, it is not applicable.)

 

 

Business Registered No.

N/A

 

 

Shareholder Position

N/A

 

 

Company History

02/01/1998 Established

 

 

Products, Technologies, Services Description

 

Main Products & Services

The subject exports the machinery for textiles.

 

 

Trade Partners

 

Not available

 

 

Sales by Region (Activity & Markets)

 

Not available

 

 

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

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