MIRA
INFORM REPORT
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Report Date : |
3rd March, 2007 |
IDENTIFICATION
DETAILS
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Name : |
SHILLAH INTERNATIONAL
CORPORATION |
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Registered Office : |
650-11, Bokjeong-dong, Sujeong-gu, Seongnam-si,
Gyeonggi-do, Korea |
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Country : |
Korea |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Manufacture of finished leather |
RATING &
COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
Basic Information
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Company Name |
Shillah International
Corporation |
|
Address |
650-11, Bokjeong-dong, Sujeong-gu, Seongnam-si,
Gyeonggi-do, Korea |
|
Zip Code |
461-200 |
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Tel |
+82-31-752-8653~4 |
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Fax |
+82-31-752-8659 |
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E-mail |
info@shillah.co.kr |
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Website |
www.shillah.co.kr |
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Industry |
Manufacture of finished leather |
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Established |
N/A |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Garment & leather products |
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Sell |
Dried cocoon |
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Sell |
Silk fabrics |
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Sell |
Raw silk |
Others
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Name |
Kang Chan-Young |
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Address |
- |
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Date of Birth |
- |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
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Capital |
Not Applicable to
Sole Proprietorship |
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Employees |
N/A, but we guess
less than five(5). |
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Formation |
Sole Proprietorship |
The subject sells the leather products of
printing by design system and foiling to produce the unique designed patterns
domestically and internationally. And The subject is supposed to participate in
SHANGHAI INTERNATIONAL CLOTHING & TEXTILE EXPO 2007 in Shanghai, China.
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
Owner |
Mr. |
Kang Chan-Young |
Male |
Korean |
|
Bank
Details
Shinhan Bank
Corporate
Registered No.
Not Applicable to Sole Proprietorship
Business
Registered No.
N/A
Shareholder
Position
The Owner has 100% shares.
Company
History
12/28/2006 Moved to the present address from 1338-20, Seocho-dong,
Seocho-gu, Seoul, Korea
Products, Technologies, Services
Description
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Main Products & Services |
Leathers |
Trade
Partners
|
Customers |
The subject sells its product by the
customer’s demands. |
Related Parties (Subsidiaries,
Joint-Venture & Affiliates)
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Overseas Office |
There are branches and agents in Beijing
and Guangzhou in China. |
RATING
EXPLANATIONS
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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 |
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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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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