MIRA INFORM REPORT

 

 

Report Date :

19th February, 2007

 

IDENTIFICATION DETAILS

 

Name :

DONGJIN FN CO., LTD.

 

 

Registered Office :

5th Fl., Medinex Bldg., 756-1, Yongdu 2-dong, Dongdaemun-gu, Seoul, Korea

 

 

Country :

Korea

 

 

Date of Incorporation :

10.05.2003

 

 

Legal Form :

Company Limited by shares

 

 

Line of Business :

Wholesale of Medicine and Medical Goods.

 

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

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear


Basic Information

 

Company Name

Dongjin FN Co., Ltd.

Address

756-1, Yongdu 2-dong, Dongdaemun-gu, SEOUL, KOREA

Building

5th Fl., Medinex Bldg.

Zip Code

130-824

Tel

+82-2-927-8220

Fax

+82-2-927-8222

Type

Export/Import

Industry

Wholesale of Medicine and Medical Goods

Main Business

Medicine Raw Material

Established

05/10/2003

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Drugs and Pharmaceutical Products(51000000)

Sell

Other Chemicals

Sell

Medicine Raw Material

Sell

Plant Construction

Sell

Test and analyzing tools

 

 

Others

 

Name

Kim Jeong-Tae

Address

55, Sunae-dong, Bundang-gu, Seongnam-si, Gyeonggi-do 463-852 Korea

Date of Birth

09/22/1966

Title

President & CEO

Sex

Male

Nationality

Korean

Capital

50,000,000 KRW

Employees

2

Formation

Co., Ltd by shares

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

President & CEO

Mr.

Kim Jeong-Tae

Male

Korean

05/15/2003

Director

Mr.

Min Bok-Ki

Male

Korean

03/02/2006

Director

Mr.

Hong Han-Hwa

Male

Korean

03/02/2006

Auditor

Mr.

Ku Young-Sam

Male

Korean

03/02/2006

 

 

 

 

Financial Description  

                                                                Unit: KRW

Authorized Capital

200,000,000

Paid-Up Capital

50,000,000

Total Issues Shares

10,000

 

 

Bank Details  

 

Woori Bank

Acct. No.: 414-322813-41-002

 

 

Corporate Registered No.

 

110111-2779663

 

 

Business Registered No.   

 

N/A

 

 

Shareholder Position  

 

N/A

 

 

Company History

 

05/15/2003 Established

2005 Participated in Cphl Madrid.

09/27/2006 Moved to the present address


 

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