MIRA INFORM REPORT

 

 

Report Date :

21.07.2007

 

IDENTIFICATION DETAILS

 

Name :

LG INTERNATIONAL CORPORATION

 

 

Registered Office :

12th Fl., LG Twin Tower East Annex, 20, Yeouido-Dong, Yeongdeungpo-Gu, Seoul, (P.O.Box  669) - 150-721

 

 

Country :

Korea

 

 

Financials (as on) :

31.03.2007

 

 

Date of Incorporation :

12/01/1953

 

 

Legal Form :

Listed Company

 

 

Line of Business :

Wholesale of Non-Specialized Goods

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Aa

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


Basic

 

Company Name

LG INTERNATIONAL CORPORATION

Registered Address

12th Fl., LG Twin Tower East Annex, 20, Yeouido-dong, Yeongdeungpo-gu, SEOUL, KOREA (P.O.BOX  669)

Zip Code

150-721

Tel

+82-2-3773-5114

Fax

+82-2-3773-5273

E-mail

webmaster@www.lgicorp.com

Website

www.lgicorp.com

Trading Address

12th Fl., LG Twin Tower East Annex, 20, Yeouido-dong, Yeongdeungpo-gu, SEOUL, KOREA

Tel

+82-2-3773-5034

Fax

+82-2-3773-5034

Gumi Branch

321-14, Gongdan-dong, Gumi-si, GYEONGSANGBUK-DO, KOREA

Tel

+82-54-464-8833

Bucheon Warehouse

187-7 Dodang-Dong Wonmi-Gu Bucheon-Si Gyeonggi-Do 420-130 Korea

East Hall of Fashion Department

637-1 Sinsa-Dong Gangnam-Gu Seoul 135-120 Korea

Tel

+82-2-3441-8114

Fax

+82-2-515-1381

West Hall of Fashion Department

617-3 Sinsa-Dong Gangnam-Gu Seoul 135-120 Korea

Chungmuro Plaza

63-1 Chungmuro 2-Ga Jung-Gu Seoul 100-012 Korea

Tel

+82-2-755-9216

Anyang Logistics Center

934 Gwanyang-Dong Dongan-Gu Anyang-Si Gyeonggi-Do 431-060 Korea

Tel

+82-31-422-2386

Incheon Plaza

40, 41-3 Sinpo-Dong Jung-Gu Incheon 400-080 Korea

Tel

+82-62-225-0963

Gwangju Chungjangro Plaza

2-3,6-1 Chungjangro 2-Ga Jung-Gu Gwangju 501-012 Korea

Type

Export/Import

Industry

Wholesale of Non-Specialized Goods

  Main Business

Petrochemicals, Metal & Coal, Energy Product, Computer Peripherals

  Sub Business

International Trade

Established (mm/dd/yyyy)

12/01/1953

 

The Subject owns the premises of registered HQ address.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Mens coats or jackets(53101802)

Sell

Womens slacks or trousers or shorts(53101504)

Sell

Motherboards(43201513)

Sell

Cameras(45121500)

Sell

Removable storage media(43202000)

Sell

Switches and controls and relays and accessories(39121500)

Sell

Graphics or video accelerator cards(43201401)

Sell

Keyboards(43211706)

Sell

Network service equipment(43222600)

Sell

Internet services(81112100)

Sell

Prepared and preserved foods(50190000)

Sell

Investment policy(84121702)

Sell

Structural materials and basic shapes(30100000)

Sell

Market research(80141500)

Sell

Business and corporate management consultation services(80101500)

Sell

Investment advice(84121700)

Sell

Chemicals including Bio Chemicals and Gas Materials(12000000)

Sell

Clothing(53100000)

Sell

Workshop and industrial machinery installation

Sell

Fuels and Fuel Additives and Lubricants and Anti corrosive Materials

 

 

CEO’s

 

Name

Koo Bon-Joon

Date of Birth

12/24/1951

Title

Vice Chairman & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

193,800,000,000 KRW

Employees

515

Formation

Listed Company (Korea Stock Exchange: 01120) as of 01/1976

A Company of LG Business Group

Bank Details

Woori Bank-Yoido Plaza Branch

Corporate Registered No.

110111-0004632

Business Registered No.

116-81-18686

Permit & Licenses

Int’l Trade No.: 673372

Shareholder Position

Name

Shares

%

Koo Bon-Geol

3,488,149

9.00

National Pension Fund

3,163,261

8.16

Others

32,108,590

82.84

Total

38,760,000

100.00

Company History

2006. 12 LGI and POSCO dedicated a joint venture coil center in India  

2006. 11 The fashion sector was spun off as LG Fashion

2006. 11 Opened the comprehensive digital device store Pixdix

2006. 09 Took a USD 340 million order for an oil refining plant in Yemen  

2006. 07 Structured and operated the ERP system Discovered crude oil in the ADA block of Kazakhstan  

2006. 02 Took a USD 1.2 billion order for an aromatics plant in Oman 

2005. 12 Completed the construction of Cheongju Aircraft Maintenance Shop.

2005. 12 Opened Daehakno Outlet for Canon Plaza. 

2005. 10 Signed an MOU for the USD 350 million oil refining plants in Yemen. 

2005. 08 Signed a 22.5%-stake take-over agreement with Kazakhstan’s ADA mines, thereby securing operation rights or the exploration project. 

2005. 06 Built the Incheon IVECO After-sale Service Center and unveiled a new car model.

2005. 06 Signed an agreement with Jeju Air to supply commercial aircraft. 

2004. 12 MAESTROwas selected as the‘2004 Hit Product’by JooAng Ilbo. 

2004. 11 Established overseas branches ( Amsterdam, Netherlands) 

2004. 10 Ranked the first in Man’s Dress Area in the ‘2004 Korea Customer Satisfaction Index (KCSI)’survey by KMAC 

2004. 09 Opened Canon Plaza #5 Gangnam Shop

2004. 09 Ranked the first in Man’s Dress Area in the‘2004 National Customer Satisfaction Index (NCSI)’ survey by KPC 

2004. 06 Provided Seoul city with 20 LNG articulated buses made by IVECO 

2004. 05 Received an order of polypropylene plant construction from Oman (USD 180 million) 

2004. 04 Agreement on exclusive supply of Hong Kong GP battery 

2004. 03 Received an order of refinery plant construction from Rumania (USD 50 million) 

2004. 01 Started domestic sales of large commercial vehicles from IVECO, Italy

2004. 01 Acquired the re-certification of Excellent Korean A/S Company selected by Korean Agency of Technology and Standards of MOCIE 

2003. 11 Awarded the 15 Billion-Dollar Export Tower 

2003. 06 Advanced into Game industry by making a contract to supply PS2 for shop 

2003. 05 Selected as "model business operator" for the Electronic Toll Collection System (ETCS) in Thailand. 

2003. 03 Supplied GNPOC Oil Pipe Project equivalent to $10,000,000 with high quality steel pipes 

2003. 01 Started investment in Lapulapu gold copper ore in Philippines 

2002. 12 Made a contract with the Vietnam Oil Corporation for gas supply from 2006 to 2028 

2002. 10 Supplied US$53 million in CDMA equipment to Nepal 

2002. 09 Won US$1.6 billion gas plant construction project in Iran 

2002. 05 Won US$280 million oil plant construction contract in Libya

2002. 05 Signed exclusive sales agreement for digital film and peripherals with Lexar Media of the U.S.  

2002. 03 Supplied US$8 million worth of elevators to Russia

2002. 03 Supplied US$30 million in building facilities to Mongolia

2002. 03 Supplied US$5 million worth of catapults to Iran  

2002. 02 Won US$180 Million Polypropylene Plant Order in Oman

2002. 02 Signed US$24 million cable supply contract in Sudan

2002. 02 Obtained exclusive sales rights for compact civilian aircraft and amphibian planes from the Czech Republic 

2002. 01 Won US$96 Million Contract for the Construction of a Refinery Project in the Turkey

2002. 01 LG Mart(Supercenter) Division Spin-off 

2001. 11 Built Leading-edge Logistics System  

2001. 05 Won US$92 Million Contract for the Construction of a Paper Plant in the UAE 

2001. 03 Won US$55 million contract for a petrochemical plant in Iran .

2000. 12 Obtained 10 billion won in treasury stock. 

2000. 08 Established‘TradeCard KOREA’established Global Trading Web JOREA Opened the sixth LG Mart in Chuncheon. 

2000. 07 Opened the fifth LG Mart in Songpa

1999. 07 Registered exports of 10 billion U.S. dollars  

1999. 01 Trading CU and fashion CU consolidated. Won Taiwan oil refinery plan construction project worth 160 million U.S. dollars  

1998. 07 Won the Qatar oil refinery plant construction project worth 160 million U.S. dollars.  

1998. 01 Opened the third LG Mart in Kumgeong  

1997. 11 Soo-Ho Lee awareded the Order of Industrial Service Merit Gold Tower  

1997. 01 Soo-Ho Lee, the eleventh CEO, assumed office 

1996. 12 Acquired LG Mart (supercenter) Division from LG Mart Co. Ltd. 

1995. 12 Construction of petrochemical tank terminal in Gamcheon, Pusan completed (a first by a Korean general trading company) 

1995. 02 Company name changed to LG International Corp. from Lucky-Goldstar International Corp. 

1994. 01 Trading CU and fashion CU divided 

1992. 07 Merged with Bando Sports, Ltd. (total combined capital stock of 78.17 billion won)  

1991. 11 Awarded 3 Billion-Dollar Export Tower and the Order of Industrial Service Merit, Silver Tower

1986. 10 Construction of Bando Fashion building completed (Doksan-Dong) 

1985. 05 Construction of Yangsan plant completed  

1984. 01 Company name changed to Lucky-Goldstar International Corp. from Bando Corporation 

1981. 12 Awarded 500 Million-Dollar Export Tower 

1977. 12 Awarded the 200 Million-Dollar Export Tower 

1976. 11 Designated as a general trading company.

1976. 11 Awarded the 100 Million-Dollar Export Tower and the Order of Industrial Service Merit, Gold Tower  

1976. 01 Company goes public 

1969. 12 Awarded the Order of Industrial Service Merit, Bronze Tower 

1969. 10 Marked 5 million U.S. dollars in exports  

1968. 06 Constructed Pusan plant (Fashion CU)  

1966. 11 Recorded exports of 1 million U.S. dollars. Awarded Prime Ministers Commendation of Exporters  

1956. 04 Company name changed to Bando Corporation 

1953. 11 Lucky Industry established as an import and export specialty company in the Lucky Group In-Hwoi Koo, the first CEO, assumed office

 

The Subject Company engages in the petrochemical, metal and coal, energy, food, plant, machinery and aviation, and information technology businesses internationally. Its petrochemical products include plastics, chemical products, and petrochemicals. The company's metal and coal products include steel, non-ferrous metals, and coal. Its energy products include LNG, LPG, petroleum, crude oil, and bunkering. The company's food products include foodstuffs and general merchandise. LG International’s plant line includes oil and gas refinery plant, petrochemical plant, and heavy electric equipment. Its machinery and aviation products include elevator and helicopter. The company's information technology products include consumer electronics, computer, telecommunication, electronic components, and network products. The company was established in 1953 as Lucky Industry and changed its name to Bando Corporation in 1956, to Lucky-Goldstar International Corp. in 1984, and further to LG International Corp. in 1995. LG International is based in Seoul, Korea.

 

 

Management

 

Job Description

Title

Name

Nationality

Date of Birth

Education

Vice Chairman & CEO

Mr.

Koo Bon-Joon

Korean

51.12.24

University of Chicago

Director

Mr.

Kang Yoo-Sik

Korean

48.11.03

Seoul National University

Director

Mr.

Song Jae-Kook

Korean

55.07.02

Sogang University

Outside Director

Dr.

Kang Joo-Myung

Korean

52.06.08

University of Oklahoma

Outside Director

Mr.

Chu Joonn-Seok

Korean

47.12.06

University of Oregon

Outside Director

Mr.

Jung Ki-Young

Korean

48.09.07

Seoul National University

Advisor

Mr.

Byun Kyu-Chil

Korean

36.01.04

Seoul National University

 

 

Financials                                                

 

Unit: KRW

Year

Sales

Assets

Net income

2006

 5,577,582,536,497

1,127,463,128,115

 96,591,905,477

2005

6,397,957,334,831

  1,481,268,291,019

121,671,521,441

2004

6,511,984,677,802

1,287,237,813,667

80,703,317,800

2003

5,390,838,359,629

1,457,116,992,855

109,131,991,152

 

 

Financial Description

    

Unit: KRW

Authorized Capital

400,000,000,000

Paid-Up Capital

193,800,000,000

Total Issues Shares

38,760,000

 

Balance Sheet

Unit : Korean Won

01/01/2007~03/31/2007

As of 12/31/2006

As of 12/31/2005

Total Assets

1,235,365,179,414

1,127,463,128,115

  1,481,268,291,019

Current Assets

666,125,348,856

582,975,349,585

895,484,102,985

-Quick Assets

505,199,432,406

461,257,510,245

656,385,290,761

-Inventories

160,925,916,450

121,717,839,340

239,098,812,224

Fixed Assets

569,239,830,558

544,487,778,530

585,784,188,034

-Investment

449,253,644,817

426,392,874,265

378,906,292,600

-Tangibles

85,238,420,923

83,854,923,637

197,460,224,966

-Intangibles

9,774,139,945

10,849,529,802

9,417,670,468

-Others

24,973,624,873

23,390,450,826

-

Total Liabilities

769,714,946,907

653,150,866,626

707,721,885,603

Current Liabilities

531,668,377,935

476,868,923,248

586,267,423,886

Fixed Liabilities

238,046,568,972

176,281,943,378

121,454,461,717

Capital Stock

193,800,000,000

193,800,000,000

340,000,000,000

Capital Surplus

104,016,663,343

104,016,663,343

139,552,896,173

Profit Surplus

162,777,786,690

348,124,762,522

285,451,739,045

Capital Adjustment

-968,417,769

-178,615,325,206

8,541,770,198

Total Equity

465,650,232,507

474,312,261,489

773,546,405,416

Liab. & Shareholder’s Equity

1,235,365,179,414

1,127,463,128,115

1,481,268,291,019

 

Current Liabilities

531,668,377,935

476,868,923,248

586,267,423,886

Short-Term Borrowings

68,123,838,911

16,970,460,853

385,711,406,622

Trade Payables

366,477,013,538

329,721,242,012

15,280,745,142

Account Payables

54,693,215,784

43,035,672,109

64,791,603,495

Advance Receipts

9,146,658,675

12,892,545,139

18,852,751,544

Withholdings

8,236,178,527

5,486,239,219

7,309,928,036

Accrued Income Tax

12,752,489,471

16,271,648,004

2,116,452,917

Accrued Expenses

2,088,741,775

1,377,035,549

33,415,157,884

Accrued Dividends

3,718,218

3,718,218

3,718,218

Current Portion of Long-Term Debts

6,396,645,138

45,448,189,457

45,104,064,546

Unearned Income

36,777,112

76,037,484

606,114,467

Guarantee Deposit Withhold

2,023,948

2,023,948

24,400,318

Others

3,711,076,838

6,344,640,997

13,596,640,770

Fixed Liabilities

238,046,568,972

176,281,943,378

121,454,461,717

Debentures

80,000,000,000

40,000,000,000

40,000,000,000

Long-Term Borrowings

24,353,470,000

14,433,090,000

4,803,570,000

Long-Term Borrowings-Foreign Currency

121,857,008,529

112,003,953,624

37,964,257,199

Provision for Severance & Retirement

18,969,862,706

18,047,534,325

28,830,372,715

Long-Term Portion of Guarantee Deposit Withhold

3,586,375,000

3,607,075,000

28,768,684,400

Others

421,919,215

438,515,840

447,590,680

 

Income Statement

Unit : Korean Won

01/01/2007~03/31/2007

As of 12/31/2006

As of 12/31/2005

Sales

1,238,740,714,281

 5,577,582,536,497

6,397,957,334,831

Cost of Sold Goods

1,169,003,450,839

 4,986,735,829,776

5,743,507,911,954

Gross Profit

69,737,263,442

 590,846,706,721

654,449,422,877

Selling & Admin. Expenses

45,112,677,533

 458,008,080,158

500,243,850,921

Operating Income

24,624,585,909

 132,838,626,563

154,205,571,956

Non-Operating Income

46,741,464,199

 206,726,249,044

217,552,972,639

Non-Operating expenses

55,876,520,098

206,813,281,544

207,721,125,788

Ordinary Income

15,489,530,010

 132,751,594,063

164,037,418,807

Special Income

-

-

-

Income Before Taxes

15,489,530,010

 132,751,594,063

164,037,418,807

Income Taxes Expenses

3,859,973,905

 36,159,688,586

42,365,897,366

Net Income

11,629,556,105

 96,591,905,477

121,671,521,441

 

Cash Flows

Unit : Korean Won

01/01/2007~03/31/2007

As of 12/31/2006

As of 12/31/2005

Cash Flows from Operating

-15,319,140,989

111,588,069,839

28,805,137,105

-Net Income

11,629,556,105

96,591,905,477

121,671,521,441

-Exp. without Cash Outflow

34,829,186,151

115,463,192,227

134,111,149,920

-Revenue without Cash Inflows

-32,154,313,861

(-)64,201,170,144

(-)66,660,056,146

-Changes in Asset/ & Liability

-29,623,569,384

(-)36,265,857,721

(-)160,317,478,110

Cash Flows from Investing

-26,629,652,471

(-)175,292,195,296

49,588,183,489

-Cash Inflow from Investing

6,098,594,997

42,052,825,626

148,940,998,756

-Cash Outflows for Investing

-32,728,247,468

(-)217,345,020,922

(-)99,352,815,267

Cash Flows from Financing

51,022,951,654

36,311,687,958

(-)93,025,492,063

-Cash Inflows from Financing

111,772,990,910

135,701,244,045

30,420,575,417

-Cash Outflows from Financing

-60,750,039,256

(-)99,389,556,087

(-)123,446,067,480

Increase/Decrease in Cash

9,074,158,194

27,392,437,499

14,632,171,469

Cash at the Beginning of Year

8,942,076,564

36,334,514,063

50,966,685,532

Cash at the End of Year

18,016,234,758

8,942,076,564

36,334,514,063

 

 

Products, Technologies, Services

Description

 

Main Products & Services

Petrochemical, Metal & Coal, Energy, Food, Plant, Machinery & Aviation, IT, Fashion

 

Brand Name: PixDix

Detailed Products Spec.

Petrochemical: Plastics, Chemical Products, Petrochemicals, Others

Metal & Coal: Steel, Non-Ferrous Metals, Coal

Energy: LNG, LPG, Condensate, Petroleum, Crude Oil, Bunkering

Food: Foodstuffs, General Merchandise, Edible Agricultural foodstuffs

Plant: Plant, Heavy Electric Equipment

Machinery & Aviation: Chemical Plants Equipments, Semiconductor Manufacturing, Others

IT: Consumer Electronics, Computer & OA, Telecommunication, Electronic Components, System Integration, LCD Manufacturing, Network Product, Mobile Phone Components, Optical Product

Fashion: Men’s Wear, Women’s Wear, Casual & Sports Wear, Accessory

 

 

Trade Partners

 

Competitors

SK Networks Co., Ltd.

Address: 4, Pyeong-dong, Gwonseon-gu, Suwon-si, Gyeonggi-do 441-230 Korea

Tel: 82-2-2221-2016  Fax: 82-2-2221-0080 

Industry: Wholesale of Non-Specialized Goods

 

Hyundai Corporation

Address: Hungkuk Life Insurance BD 226, Sinmunno 1-ga, Jongno-gu, Seoul 110-786 Korea

Tel: 82-2-390-1114  Fax: 82-2-390-1101 

Industry: Wholesale of Non-Specialized Goods

 

Daewoo International Corporation

Address: Daewoo Center Bldg., 541, Namdaemunno 5-ga, Jung-gu, Seoul 100-714 Korea

Tel: 82-2-759-2114  Fax: 82-2-753-9489 

Industry: Wholesale of Non-Specialized Goods

 

Hyosung Corporation

Address: Hyosung Bldg., 450, Gongdeok 2-dong, Mapo-gu, Seoul 121-720 Korea

Tel: 82-2-707-7000  Fax: 82-2-707-0130 

Industry: Man-Made Fibers Spinning

 

Samsung Corporation

Address: 310, Taepyeongno 2-ga, Jung-gu, Seoul 100-865 Korea

Tel: 82-2-2145-2114  Fax: 82-2-2145-3114 

Industry: Wholesale of Non-Specialized Goods

 

Ssangyong Corporation

Address: Ssangyong Bldg., 24-1, Jeodong 2-ga, Jung-gu, Seoul 100-748 Korea

Tel: 82-2-2270-8114  Fax: 82-2-2270-8334 

Industry: Wholesale of Non-Specialized Goods

 


Related Parties (Subsidiaries, Joint-

Venture & Affiliates)

 

Subsidiary

LG Energy Co., Ltd. 

Address: 564, Bugok-ri, Songak-myeon, Dangjin-gun, Chungnam-do 343-827 Korea

Tel: 82-41-351-2114  Fax: 82-41-351-2140 

*LG Int’l Corp. has 55.01% shares of LG Energy Co., Ltd.

 

LG International (America) Inc.

Address: 17777 Center Court Dr. Suite 600, Cerritos, CA 90703 USA

Tel: 1-562-653-8001 Fax: 1-562-653-8041

*LG Int’l has 100.0% shares of LG Int’l America.

 

LG International Japan Ltd. (Tokyo Office)

Address: Higashi-Kan 16F, Aksaka Twin-Tower, 2-17-22, Akasaka Minato-ku, Tokyo, Japan 107-8470

Tel: 81-3-3582-9121 Fax: 81-3-3582-0065

 

LG International Japan Ltd. (Osaka Office)

Address: 16F, Sakaisuji-hommachi Center Bldg. No.1-6, 2-chome, Hommachi, Cho-ku, Osaka 541-0053 Japan

Tel: 81-6-6263-1621 Fax: 81-6-6263-1623

*LG Int’l Has 100.0% shares of LG Int’l Japan.

 

LG International (HK) Limited

Address: 15th Floor, Bank of America Tower, 12 Harcourt Road, Hong Kong

Tel: 852-2820-7800 Fax: 852-2868-1460

*LG Int’l has 100.0% shares of LG Int’l HK.

 

LG International Corp. (S’pore) Pte., Ltd.

Address: 8 Temasek Boulevard #27-03 Suntec Tower 3, Singapore 038988

Tel: 65-6333-6089 Fax: 65-6333-6115

*LG Int’l has 100.0% shares of LG Int’l Corp. S’pore.

 

LG International (Deutschland) GmbH

Address: Lyoner Strasse 15, 60528 Frankfurt / M. Germany

Tel: 49-69-663-0070 Fax: 49-69-666-6865

*LG Int’l has 100.0% shares of LG International Deutschland GmbH.

 

LG International Corp. (UK) Ltd.

Address: 4 Thameside Centre, Kew Bridge Road, Brentford, Middx, TW8 OHF

Tel: 44-20-8326-1400 Fax: 44-20-8560-5601

*LG Int’l has 100.0% shares of LG International Corp. UK.

 

LG International (Aust)

Address: 401 level 4, 75 Miller Street, North Sydney NSW2060 Australia

Tel: 61-2-9957-4941 Fax: 61-2-9957-3274

*LG Int’l has 100.0% shares of LG International (Aust)

 

LG (Timor Sea 06-102) Ltd.

*LG Int’l has 100.0% shares of LG (Timor Sea 06-102) Ltd.

 

Affiliates

 

LG ELECTRONICS INC.

26th Fl., LG Twin Tower West Annex, 20, Yeouido-dong, Yeongdeungpo-gu, SEOUL, KOREA

 

LG Micron Ltd. 

Address: LG Micron, 624, Gupo-dong, Gumi-si, Gyeongbuk-do 730-713 Korea

Tel: 82-54-475-3800  Fax: 82-54-479-0360 

Industry: Manufacture of Other Electronic Valves, Tubes and Electronic Components n.e.c.

 

LG. Philips LCD Co., Ltd.

Address: 17Fl. LG Twin Tower West, 20 Youido-dong, Yongdungpo-gu, Seoul 150-721 Korea

Tel: 82-2-3777-1010  Fax: 82-2-3777-0795 

Industry: Manufacture of liquid crystal displays

 

LG Chem, Ltd. 

Address: 17 LG Twin Tower East 20 Youido-dong, Yongdungpo-gu, Seoul 150-721 Korea

Tel: 82-2-3773-5114  Fax: 82-2-3773-7933 

Industry: Manufacture of Basic Organic Petrochemicals

 

LG Telecom Co., Ltd.( 110111-1296676)

Address: 20F LG Gangnam Tower 679 Yeoksam 1-dong Gangnam-gu, Seoul 135-985 Korea

Tel: 82-2-2005-7114  Fax: 82-2-2005-7337 

Industry: Mobile Telephone Services

 

LG INNOTEK CO., LTD. (110111-0192180)

Address: 33th Fl., LG Twin Tower West Annex, 20, Yeoeuido-dong, Yeongdeungpo-gu, SEOUL, KOREA

Tel: 82-2-3777-1114 Fax: 82-2-3777-0082

Industry: Manufacture of Communication Apparatuses Without Any Line Connection and Radio or Television Broadcasting Apparatuses

 

LG Dacom Corporation(110111-0315948

Address: Dacom Bldg., 706-1, Yeoksam 2-dong, Gangnam-gu, Seoul 135-987 Korea

Tel: 82-1544-0001  Fax: 82-2-6220-1929 

Industry: Leased Line Services

 

LG Household Health Care Ltd. 

Address: LG Twin Tower, 20 Youido-dong, Yongdungpo-gu, Seoul 150-721 Korea

Tel: 82-2-3773-1114  Fax: 82-2-3773-7032 

Industry: Manufacture of Toothpaste, Soap and Synthetic Detergents

 

LG Petrochem. Co., Ltd. 

Address: 21th Fl., Twin Tower East, 20 Youido-dong, Yongdungpo-gu, Seoul 150-721 Korea

Tel: 82-2-3773-3829  Fax: 82-2-3773-3929 

Industry: Manufacture of Basic Organic Petrochemicals

 

LG Life Sciences Ltd.

Address: LG Twin Tower, 20 Youido-dong, Yongdungpo-gu, Seoul 150-721 Korea

Tel: 82-2-3773-5114  Fax: 82-2-3773-7012 

Industry: Manufacture of Biological Products

 

SERVEONE(110111-2411520)

LG Management Development Institute (110111-0423494)

LG CNS Co., Ltd. (110111-0516695)

LG NOTEL

 

(LG Innotek Huizhou Co.,Ltd)

(SERVEONE(NANJING) COMPANY LIMITED)

Arcelic-LG Klima Sanayi Ve Ticarte A.S(LGEAT)

Beijing LG Household Chemical Co., Ltd.

Compact Power Inc.

DACOM America Inc.

De Zwarte Ponk B.V.(DZP)

Eic Properties Pte.Ltd.

Electromagnetica Goldstar S.R.L

EPC Munai LLP

FOSCO B.V.

GFTZ LG International Ltd.

Goldstar Electronics Thailand Co.,Ltd.

Hangzhou LG Cosmetics Co., Ltd.

Hi Logistics CHINA

Hi Logistics EUROPE B.V.

Intec LG CNS, INC

Lanchao LG(Yantai)Digital Mobile Tech& Develop.Co.

Langchao LG Digital Mobile Communication Co.Ltd.

LG (TIMOR SEA 06-102) LTD.

LG (Yantai) Information & Communication Tech.

LG Alina Electonics(LGERI)

LG Biomedical Institute

LG CHEM BRASIL INTERMEDICAO DE NEGOCIOS DO SETOR QUIMICO LTDA.

LG Chem Display Material Co., Ltd

LG Chem Europe GmbH

LG Chem Europe Sarl

LG Chem Industrial Materials Inc.

LG Chem Poland SP. Z O. O.

LG Chem Taiwan, Ltd.

LG Chem(China)Investment Co.,Ltd.

LG Chem(Nanjing) Info & Electronic Materials Co. Ltd

LG Chem(Tianjin) Engineering Plastics Co., Ltd

LG Chemical America Inc.

LG Chemical Hong Kong Ltd.

LG Chemical India Private Ltd.

LG Chemical Trading co., LTD

LG Chemical(Guangzhou) Engineering Plastics Co.,Ltd

LG CNS America, Inc

LG CNS Brasil Servicos De T.I.LTDA

LG CNS China, Inc

LG CNS Europe B.V

LG CNS Global Private Limited

LG CNS Malaysia SDN BHD

LG CNS Philipines, Inc

LG Elctronics Norway AS

LG Electonics Huizhou Ltd.

LG Electronics (Kunshan) Computer Co., Ltd.

LG Electronics (Nanjing) Plasma Co., Ltd

LG Electronics (Shenyang) Inc.(LGESY)

LG Electronics Africa Logistics FZE

LG Electronics Alabama, Inc. (LGEAI)

LG Electronics Almaty Kazak Co., Ltd.(LGEAK)

LG Electronics Antwerp Logistics N.V(LGEAL)

LG Electronics Argentina S.A.(LGEAR)

LG Electronics Australia Pty., Ltd. (LGEAP)

LG Electronics Austria Gmbh

LG Electronics Benelux Sales B.V.

LG Electronics Canada,Inc. (LGECI)

LG Electronics China Co., Ltd. (LGECH)

LG Electronics Colombia, Ltda.(LGECB)

LG Electronics Czech s.r.o.

LG Electronics Da Amazonia Ltda (LGEAZ)

LG Electronics De Sao Paulo Ltda. (LGESP)

LG Electronics Deutschland.Gmbh. (LGEDG)

LG Electronics Egypt Cario S.A.E (LGEEC)

LG Electronics Egypt S.A.E. (LGEEG)

LG Electronics Espana S.A. (LGEES)

LG Electronics European Holdings B.V.

LG Electronics European Logistics & Services B.V.

LG Electronics European Shared Service Center B.V.

LG Electronics France S.A.R.L.

LG Electronics Gulf FZE (LGEGF)

LG Electronics Hellas S.A

LG Electronics HK Ltd.(LGEHK)

LG Electronics Inc. Chile Limitada

LG Electronics India (PVT.) Ltd. (LGEIL)

LG Electronics Italy S.P.A. (LGEIS)

LG Electronics Japan Inc. (LGEJP)

LG Electronics JIT Europe B.V

LG Electronics Latvia LLC

LG Electronics Magyar KFT. (LGEMK)

LG Electronics Malaysia Sdn. Bhd.(LGEML)

LG Electronics Mexicali, S. A. de C. V. (LGEMX)

LG Electronics Mexico S.A. de C.V (LGEMS)

LG Electronics Middle East Co., Ltd.

LG Electronics Mlawa Sp.zo.o (LGEMA)

LG Electronics Mobile Research U.S.A. LLC (LGEMR)

LG Electronics Mobilecomm France S.A.S

LG Electronics Moblecomm U.S.A., Inc.(LGEMU)

LG Electronics Monterrey Mexico S.A. de C.V.

LG Electronics Morocco SARL(LGEMC)

LG Electronics Nanjing Display Co.,Ltd

LG Electronics Nature(Hangzhou) Recording Media Co., Ltd

LG Electronics Nigeria Limited(LGENI)

LG Electronics Nordic AB

LG Electronics Overseas Trading FZE

LG Electronics Panama S.A. (LGEPS)

LG Electronics Peru S.A. (LGEPR)

LG Electronics Philippines, Inc. (LGEPH)

LG Electronics Polska SP.ZO.O (LGEPL)

LG Electronics Portugal S.A.

LG Electronics Qinhuangdao Co.,Ltd(LGEQH)

LG Electronics Raynosa, S.A.de C.V(LGERS)

LG Electronics Romania S.R.L

LG Electronics RUS.LLC

LG Electronics RUS-Marketing, LLC  

LG Electronics S.A.(PTY) Ltd. (LGESA)

LG Electronics Singapore Pte Ltd

LG Electronics Taiwan Taipei Co., Ltd.

LG Electronics Thailand Co.,Ltd.(LGETH)

LG Electronics Tianjin Appliances Co., Ltd.

LG Electronics Uklaine

LG Electronics United Kingdom Ltd. (LGEUK)

LG Electronics USA Inc. (LGEUS)

LG Electronics Vietnam Ltd. (LGESV)

LG Electronics Wales Ltd. (LGEWA)

LG Electronics Wroclaw Sp. Zo.o

LG Electronics(China) Research and Development Center Co., Ltd

LG H&H Trading(Shanghai) Co.Ltd.

LG Holdings Ltd. (LGHK)

LG Household & Health Care America, Inc

LG Innotek Mexicali S.A. De C.V

LG Innotek Poland Sp. zo.o.

LG Innotek USA Inc.

LG Innotek Yantai Co., Ltd

LG International America Inc.

LG International Corp.(Singapore) Pte. Ltd.

LG International Japan Ltd.

LG International(Australia) PT'S, Ltd.

LG International(Deutchland) Gmbh

LG International(HK) Limited

LG International(U.K.) Ltd.

LG Life Sciences India Pvt,Ltd

LG Life Sciences Poland, Ltd

LG Micron(FUJIAN) Electronics Co.,Ltd

LG Micron(Taiwan) Ltd.

LG Mitr Electronics Co., Ltd. (LGEMT)

LG Philips LCD America Inc.

LG Philips LCD Germany Gmbh

LG Philips LCD Hongkong Co.,Ltd

LG Philips LCD Japan Co.Ltd.

LG Philips LCD Nanjing Co. Ltd

LG Philips LCD Taiwan Co. Ltd. (LGPLT)

LG Properties Pte. Ltd.

LG Soft India PVT Ltd.(LGSI)

LG Solid Source, LLC

LG Vina Chemical J/V Company

LG VINA Cosmetics

LG.Philips LCD Poland Sp. Z o.o.

LG.Philips LCD Shanghai Co., Ltd.

LG-Shaker Co.,Ltd(LGESR)

LG.Philips LCD Guangzhou Co., Ltd.

Nakhodka FEZ Telecommunications Co.Ltd.(ROKOTEL)

NanJing LG Panda Appliances Co., Ltd. (LGEPN)

Ningbo LG Yongxing Chemical Co., Ltd.

Ningbo LG Yongxing Latex Co., Ltd.

Philco Resources Limited

PT LG CNS Indonesia

PT LG Electronics Indonesia (LGEIN)

PT. LG Innotek Indonesia

Qingdao LG Lanchao Digital Communication Co., Ltd.

Shanghai LG Electronics  Co., Ltd. (LGESH)

Siltron America, Inc.

Taizhou LG Electronic Refrigeration Co.Ltd(LGETR)

Tianjin LG  Window & Door Co. Ltd.

Tianjin LG Bohai Chemicl Co.,Ltd.

Tianjin LG Dagu Chemical Co., Ltd.

Tianjin LG New Building Materials Co., Ltd.

TKNK Investments B.V(Tatarstan Korea Neftekhim)

Triveni Digital Inc.

Zenith Electronics Co. (Zenith)

 

Overseas Office/Branch

Paris Office

Address: 24, Avenue de la GRANDE ARMEE, 75854 Paris Cedex 17, France

Tel: 33-1-47-66-88-88 Fax: 33-1-47-66-13-80

 

Barcelona Office

Address: Joaquim Molins, 5, 5th Floor 08028 Barcelona Spain

Tel: 34-93-410-9936 Fax: 34-93-410-6775

 

Amsterdam Office – LG International (UK) Ltd. Amsterdam Branch

Address: CAPRONILAAN 6, 1119 NR SCHIPHOL RIJK, THE NETHERLANDS

Tel: 31-20-316-2420 Fax: 31-20-653-7015

 

Warsaw Office

Address: 11. AL.Jana Pawla Ⅱ,ⅩⅠFloor, 00-828, Warsaw, Poland

Tel: 48-22-624-9381 Fax: 48-22-652-9068

 

Moscow Office

Address: Rm 609, Sovincenter, Krasnopresnenskaya Nab.12, Moscow, 123610, Russia

Tel: 7-095-258-1444 Fax: 7-095-258-1867

 

Kumertau Office

Address: Kb.15, D.6-A, Jerzinckaya, Kumertau, Republic Bashkortostan, 453350, Russian Federation

Tel: 7-34761-4-8330 Fax: 7-34761-4-8334

 

Khabarovsk Office

Address: 9, Komsomolskaya Str. Office 308, Hotel "Sapporo" Khabarovsk, 680000, Russia

Tel: 7-4212-311332 Fax: 7-4212-315493

 

Kazakhstan Office

Address: 240, Dostyk Ave, Business Center "Dostar", Office 501

Tel: 7-3272-581475 / 581730 Fax: 7-3272-585709

 

Kiev Office

Address: Apt.11, Bsseynaya Street 3, Kiev, 252004, Ukraine

Tel: 38-044-227-4231 Fax: 38-044-246-6216

 

Dubai office

Address: P.O. Box 7276, Dubai U.A.E

Tel: 971-4-223-6703 Fax: 971-4-228-1805

 

Riyadh Office

Address: P. O. Box 7231, Riyadh-11462, Saudi Arabia

Fax: 966-1-291-9725

 

Amman Office

Address: P. O. Box 950569, Amman 11195, Jordan

Tel: 962-6-566-7899 Fax: 962-6-560-1872

 

Tehran Office

Address: 63, 6th floor, Zafar Street, Shariati Ave., Tehran, Iran

Tel: 98-21-227-7063~6 Fax: 98-21-227-7067

 

Buenos Aires Office

Address: Carlos Dellegrini 125, 4th Floor ‘B”(C1009ABU) Bueno Aires, Argentina

Tel: 54-11-4328-9688 Fax: 54-11-4328-9686

 

Sao Paulo Office

Address: Market Place Tower II Av. Dr. Churi Zaidan, 80, 3o andar, Vila Cordeiro, Sao Paulo, CEP 04583-110, SP, Brasil

Tel: 55-11-2162-5601~2 Fax: 55-11-2162-5612

 

Santiago Office

Address: Nueva tajamar 481, Oficina 2004, Torre Sur(Edificio World trade Center), Las Condes, Santiago, Chile

Tel: 56-2-203-6895 Fax: 56-2-203-6894

 

Beijing Office

Address: B1509, Eagle Run Plaza, No.26, Xiaoyun Road, Chaoyang District, Beijing, China 100016

Tel: 86-10-8458-0833 Fax: 86-10-8458-0831/2

 

Chengdu Office

Address: Room 1012, Kaile Plaza, No. 306 Shuncheng Str., Chengdu City, China 610017

Tel: 86-28-8652-8130 Fax: 86-28-8652-8131

 

Qingdao Office

Address: Room 2002, Merchants Bank Tower, 36 HongKong Road, Qingdao, China 266071

Tel: 86-532-8386-9855 Fax: 86-532-8387-4849

 

Tianjin Office

Address: No.1233,Shunhua Road, Tanggu District, Tianjin, China 300455

Tel: 86-22-2538-6666 (ext.212) Fax: 86-22-2538-8313

 

Dalian Office

Address: Rm.4703B, World Trade Center, No.25, Tongxing Street, Dalian, China

Tel: 86-411-8253-0880 Fax: 86-411-8253-0890

 

Shenyang Office

Address: Rm. 701, Times Plaza Shenyang, No. 99 Beizhan Road, Shenhe District, Shenyang, P.R.China 110013

Tel: 86-24-2252-6226, / 2252-9673 Fax: 86-24-2252-6232

 

Shanghai Office

Address: Rm.2610 Maxdo Centre, No.8 Xing Yi Road, Shanghai, China

Tel: 86-21-5208-1118 Fax: 86-21-5208-2967

 

Wuhan Office

Address: Room 410, 4th Floor, Truroll Plaza, Wu Sheng Road, Wuhan, China

Tel: 86-27-8571-2627 Fax: 86-27-8571-2798

 

NanJing Office

Address: Room B4, 17rd Floors, Shangmao Century Plaza, 49 Zhongshan South Road, NanJing, China

Tel: 86-25-8689-0038/39 Fax: 86-25-8689-0037

 

Guangzhou Office

Address: Room 1608-1610, Goldlion Digital Network Center, 138 Tiyu Road East, Guangzhou, P.R.China 510620

Tel: 86-20-3878-0788 Fax: 86-20-3878-0242/3

 

Shenzhen Office

Address: Room E3,19/F Times Financial Center 4001 Shennan Road, Shenzhen, PRC

Tel: 86-755-3335-6788 Fax: 86-755-3335-6786

 

New Delhi Office

Address: A-9A 1st Floor, Green Park Mail, New Delhi-110-016 India

Tel: 91-11-2653-1720~4 Fax: 91-11-2653-3419

 

Mumbai Office

Address: 202, Sant Niwas, Above Raj Kumar Jewllers, 14th Link Road, Khar(West), Mumbai- 400 052, India

Tel: 91-22-2605-3217/3280/3263 Fax: 91-22-2605-3292

 

Kuala Lumpur Office

Address: Suite 39.04, Menara Citibank, No.165, Jalan Ampang, 50450 Kuala Lumpur, Malaysia

Tel: 60-3-2163-0288 Fax: 60-3-2162-8960

 

Taipei Office - LG International (HK) Limited Taipei Branch

Address: Suite 1802, 18F, No.333, Keelung Rd., Sec. 1, Taipei R.O.C.

Tel: 886-2-2758-7227 Fax: 886-2-2757-6994~5

 

Manila Office

Address: 2904C,West Tower, Philippine Stock Exchange Center, Exchange Road, Pasig City, Metro Manila, Philippines

Tel: 63-2-637-1981,631-2208 Fax: 63-2-637-1983

 

Jakarta Office

Address: Jakarta Stock Exchange Building Tower Ⅰ, 15th floor #1502 Jl. Jend Sudirman , Kav. 52-53 Jakarta 12190, Indonesia

Tel: 62-21-515-1705 Fax: 62-21-515-1710

 

Hochiminh Office

Address: 8th Floor, YOCO Building, 41 Nguyen Thi Minh Khai Str, 1 Dist, Hochiminh City, Vietnam

Tel: 84-8-829-3279 Fax: 84-8-829-1639

 

Bangkok office

Address: 19th Floor, Sermmit Tower, 159 Asoke, Sukhumvit 21 Road, Bangkok, 10110 Thailand

Tel: 66-2-260-6610~15 Fax: 66-2-260-6619~20

 

 

Sales by Region (Activity & Markets)

 

Items

Export/Import

Region

Export(%)

Import(%)

Resources and Raw Materials

Export

Asia

38.10%

29.50%

America

0.30%

3.50%

Europe

4.90%

12.60%

Others

0.10%

0.30%

Sub-Total

43.40%

45.90%

Domestic

 

18.30%

17.20%

Total

 

61.60%

63.00%

Plant & Chemicals

Export

Asia

24.80%

16.70%

America

4.80%

0.90%

Europe

4.00%

0.20%

Others

0.60%

0.60%

Sub-Total

34.20%

18.40%

Domestic

 

2.90%

17.10%

Total

 

37.10%

35.50%

Distribution

Export

Asia

0.00%

0.10%

America

0.00%

0.00%

Europe

0.00%

0.00%

Others

0.00%

0.00%

Sub-Total

0.00%

0.20%

Domestic

 

1.20%

1.30%

Total

 

1.20%

1.40%

Sub-Total

Export

 

77.60%

64.50%

Domestic

 

22.40%

35.50%

Total

 

 

100.00%

100.00%

Court Action

 

Case No.

Court

Plaintiff(s)/ Creditor(s)/ Applicant(s)

Defendant(s)/ Debtor(s)/ Respondent(s)

Cause

Amount (KRW)

Status

 

 

TAECHANG CO., LTD.

The Subject Company

Claim for Construction-Receivables

1,342,000,000

The Subject won at 1st Round

 

 

 

TAECHANG CO., LTD.

The Subject Company

Claim for Construction-Receivables

1,342,000,000

Creditor won at the 2nd Round.

 

 

TAECHANG CO., LTD.

The Subject Company

Claim for Construction-Receivables

1,342,000,000

3rd Round proceeding

 

 

News Clipping

 

LG pulls out of Algerian factory deal

JoongangIlbo & Joins.com :05/11/2007

 

LG International Corp., the trading arm of Korea’s fourth-largest industrial group, said it has pulled out of talks to become a partner at an Algerian petrochemicals plant.

 

The decision was taken because of “differences regarding the conditions,” the Seoul-based company said in a stock exchange filing yesterday.LG International submitted a bid in April of last year to gain a partnership in the plan.

 

The company said it had been chosen as the preferred bidder in December.LG International’s shares have risen 26 percent this year compared with the benchmark Kospi index’s 12 percent gain.

 

The stock price of the company was unchanged yesterday at 28,800 won.

 

Yesterday’s filing was made after the market’s 3 p.m. closing in Seoul.The Seoul Economic Daily reported in November that LG International was seeking to win a contract to build a plant in Algeria and might spend up to $2.5 billion to buy a stake.

 

The report cited an unnamed Korean official.

 

- Copyrights :  JoongangIlbo & Joins.com, All rights reserved. -

 

 

Firms to seek LNG in Houston, Peru

JoongangIlbo & Joins.com :03/24/2007

 

Korea Gas Corp, LG International Corp.and EMS Group are teaming up with Gulf Coast LNG Partners LP to develop a liquefied natural gas import terminal on the U.S.

 

Gulf coast, about 100 miles south of Houston.Korea Gas, Korea’s LG and U.S. pipeline company EMS are forming a group to operate the Calhoun LNG terminal in the port of Port Lavaca-Point Comfort.Korea Gas is the world’s biggest buyer of LNG and the largest operator of LNG re-gasification terminals in the world.

 

The import terminal will have two 160,000 cubic meter storage tanks and may process about one billion cubic feet a day of natural gas, Gulf Coast said in a statement on Business Wire Thursday.

 

The statement did not give the equity stakes of the partners in the group.

 

The terminal will feed the proposed Point Comfort Pipeline, a 36-inch pipe of 27 miles in length, which will connect with nine other pipelines supplying gas to Texas and the Midwest, Northeast, and Southeast regions of the U.S., the statement said.In a separate statement , SK Corp., Korea’s biggest oil refiner, plans to invest 555.2 billion won ($592 million) by 2011 in Peru’s liquefied natural gas project.

 

The investment will give SK Corp. a 30 percent stake in Peru LNG Co., the oil-refining arm of SK Group said yesterday in a regulatory filing.

 

SK Corp. may spend 250 billion won on the project this year, the company said, and the remaining portion will be gradually invested through 2011.

 

- Copyrights : JoongangIlbo & Joins.com, All rights reserved. -

 


 

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

 

 

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%)

 

 

 

 

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