MIRA
INFORM REPORT
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Report Date : |
17.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
KOTECH FUTURE CORPORATION |
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Registered Office : |
#308, Kolon Digital Tower, 222-7, Guro-dong, Guro-gu, Seoul - 152-050 |
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Country : |
Korea |
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Date of Incorporation : |
10/24/1997 |
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Legal Form : |
Company
Limited by shares |
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Line of Business : |
Manufacturers
of Helmet, Pants, Jackets, Boots, Shirts, Glove and other materials for Horse
Riding. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually
correct |
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Litigation : |
Clear |
Basic
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Company Name |
KOTECH
FUTURE CORPORATION |
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Address |
222-7,
Guro-dong, Guro-gu, Seoul, Korea |
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Building
|
#308, Kolon Digital Tower |
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Zip
Code |
152-050 |
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Tel |
+82-2-2103-5127 +82-2-2068-5080 +82-2-3141-4611 |
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Fax |
+82-2-2103-5139 +82-2-3141-4615 |
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E-mail |
roysta@roysta.com |
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Website |
www.roysta.com |
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kyungin Branch |
16-6, Galsan-dong, Bupyeong-gu, Incheon 403-080 Korea |
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Tel |
+82-32-503-0895 |
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Fax |
+82-32-503-0896 |
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Busan
Branch |
254-48, Gamman-dong, Nam-gu, Busan
608-070 Korea |
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Tel |
+82-51-638-9889 |
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Fax |
+82-51-638-9887 |
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Type |
Export |
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Industry
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Products
for Leisure Sports |
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Main Business |
Helmet,
Pants, Jackets, Boots, Shirts, Glove and other materials for Horse Riding |
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Sub Business |
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Established
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10/24/1997 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Products for Horse Riding |
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Sell |
Healthcare Products and Foods |
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Sell |
Chemicals |
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Sell |
Construction Materials |
Others
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Name |
Jung
Jae-Ho |
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Address |
1013,
Siheung-dong, Geumcheon-gu, Seoul 153-030 Korea |
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Date
of Birth |
06/22/1959 |
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Title
|
President
& CEO |
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Sex |
Male |
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Nationality |
Korean |
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Capital
|
250,000,000 KRW |
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Employees |
4 |
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Formation |
Co.,
Ltd by shares |
The subject manufactures the products in Philippine
Factory and exports to UK, Germany, Netherlands, Australia, Japan and USA.
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President
& CEO |
Mr. |
Jung Jae-Ho |
Male |
Korean |
10/24/1997 |
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Director |
Mr. |
Kim Chul-Young |
Male |
Korean |
09/29/1999 |
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Auditor |
M/S. |
Kim Jeong-Sook |
Female |
Korean |
03/30/2002 |
The
financial is not available.
Financial Description
Unit:
KRW
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Authorized
Capital |
5,000,000,000 |
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Paid-Up
Capital |
250,000,000 |
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Total
Issues Shares |
50,000 |
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Bank
Details |
Woori
Bank Acctt.
No.: 009-25-0006-729 |
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Corporate
Registered No. |
110111-1477127 |
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Business
Registered No. |
105-81-89819 |
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Permit
& Licenses |
S.E.I. CE TUV
GS Mark-Germany PAS-UK BETA-UK |
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Company
History |
10/24/1997 Established 06/22/2004 Moved to the present address 12/25/2004 Increased capital to 250,000,000 KRW to 150,000,000 KRW |
Products,
Technologies, Services Description
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Main
Products & Services |
Brand
Name: ROYSTA |
Organization
Structure
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Customers |
I.R.H(INTERNATINAL)-USA Olympian-USA
Eventer-USA
Intek
Pro-rider-USA Shires-UK
TOGS-UK
Belstar-France
Rodex-Netherlands J.E.F-Netherlands |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Subsidiary |
Factory National
Road Paciano Rizal Calamba, Laguna 4027, Philippines Phone:
63-49-834-4270 Fax:
63-49-531-3573 |
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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