MIRA INFORM REPORT

 

 

Report Date :

25.06.2007

 

IDENTIFICATION DETAILS

 

Name :

SU HUI INTERNATIONAL

 

 

Registered Office :

Rm. 802, Sambo B/D., 18, Myo-dong, Jongno-gu, Seoul - 110-370

 

 

Country :

Korea

 

 

Legal Form :

Sole Proprietorship

 

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 :

Unknown

 

 

Litigation :

Clear

 

 


Basic

 

Company Name

SU HUI INTERNATIONAL

Registered Address

Rm.802, Sambo B/D., 18, Myo-dong, Jongno-gu, Seoul, Korea

Zip Code

110-370

Tel

+82-2-3674-1234

Fax

+82-2-3674-1204

E-mail

subui@subhi.kr

Trading Address

Rm.802, Sambo B/D., 18, Myo-dong, Jongno-gu, Seoul, Korea

Tel

+82-2-3674-1234

Fax

+82-2-3674-1204

Type

N/A

Industry

N/A

  Main Business

N/A

  Sub Business

N/A

Established (mm/dd/yyyy)

N/A, but it seems it has been newly established

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

N/A

 

 

Profiles

 

Capital

Not Applicable to the Sole Proprietorship

Employees

2

Formation

Sole Proprietorship

Bank Details

N/A

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

N/A

Permit & Licenses

N/A

Shareholder Position

The owner has 100% shares.

Company History

N/A

 

Due to lack of the information, we contacted the subject directly. And in the 1st contact, we talked with Mr. Kang Kyung-Sik/Manager. In our requests for their information, he confirmed of their basic contact information, but he told that he was not in position to open their situation. And he was supposed to contact us after his boss’s confirmation. However there were no replies. We contacted them again and tried to get more information. However he confirmed that his CEO did gently reject to open their information.

 

In the trails, we realized that they are called as “And B” as well. And Mr. Kang confirmed that they are very newly established company and deals with the companies in India.

 

If your client knows of the subject’s CEO’s name, then, we think we can check once again through our sources. The Company name should be changed into Korean relevant company name, but SU HUI INTERNATIONAL is not translated into the Korean name. We tried to identify in many scenarios, however we could not identify through the official and registry.

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Manager

Mr.

Kang Kyung-Sik

Male

Korean

 

 

 

Financials                                                

 

The financial is not available.

 

 

Sales by Region (Activity & Markets)

 

The Subject deals with the companies in India.

 

 

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

 

 

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