MIRA
INFORM REPORT
|
Report Date : |
15.11.2007 |
IDENTIFICATION
DETAILS
|
Name : |
ROSE TELECOM CO., LTD. |
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Registered Office : |
2nd Fl., Cheongrok Bldg., 721-29, Yeoksam 2-dong, Gangnam-gu, Seoul -
135-920 |
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Country : |
Korea |
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Date of Incorporation : |
11/04/2005 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture of Communication Apparatuses Without Any Line Connection
and Radio or Television Broadcasting Apparatuses |
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. |
Small |
|
Status : |
Small Company |
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|
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
|
Company
Name |
ROSE TELECOM CO., LTD. |
|
Registered Address |
721-29, Yeoksam 2-dong, Gangnam-gu, SEOUL,
KOREA |
|
Building |
2nd Fl., Cheongrok Bldg. |
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Zip Code |
135-920 |
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Tel |
+82-2-539-7701 |
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Fax |
+82-2-539-7702 |
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E-mail |
fresia@rosetelecom.com;sonet777@rosetelecom.com |
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Website |
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Trading Address |
2nd Fl., Cheongrok Bldg., 721-29, Yeoksam
2-dong, Gangnam-gu, SEOUL, KOREA |
|
Tel |
+82-2-539-7701 |
|
Fax |
+82-2-539-7702 |
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Type |
Export/Import |
|
Industry |
Manufacture of Communication Apparatuses Without Any Line Connection
and Radio or Television Broadcasting Apparatuses |
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Main Business |
Wireless Telecom Communication Device |
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Established (mm/dd/yyyy) |
11/04/2005 |
The Subject occupies the premises of
registered HQ address by leasing base.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Mobile Phone-CDMA Phone, GSM/GPRS Phone |
|
Sell |
Wireless Module |
CEO’s
|
Name |
Park Dong-Kook |
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Address |
834-1, Myeongnyun-dong, Wonju-si, Gangwon-do,
Korea |
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Date of Birth |
04/10/1969 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
750,007,000 KRW |
|
Employees |
7 |
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Formation |
Co., Ltd by shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-3336933 |
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Business Registered No. |
220-87-***** (Full number is not
available.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
10/10/2006 Increased capital to 750,007,000
KRW from 385,875,000 KRW 05/2006 License Agreement with QUALCOMM on
QSC6010,6020,6030 S/W License 05/2006 License Agreement with QUALCOMM on
MSM5500,6000,6050, 6500 S/W License 02/28/2006 Issued Convertible Bond(CB) at
200,000,000 KRW 02/24/2006 Increased the authorized share
number to 20,000,000 shares from 400,000 shares. 02/2006 License Agreement with QUALCOMM on
CDMA Subscriber Unit License and CDMA
02/2006 Modem Cards License- MSM5000,
5100, 5105, 6025, etc. 11/2005 License Assignment Agreement with
Sejin Electron, Inc. 11/2005 ROSE Telecom founded (November 4,
2005) 11/04/2005 Established |
The Subject Company is founded in November,
2005 and headquartered in Seoul, Korea that provides CDMA and GSM/GPRS handsets
and module/modems, Although ROSE is recently set-up company, it is known that
its employees and management have a long experience in mobile data
communications industries. And the Subject Company has a promotion plan on
wireless terminals through the strategic partnership with design houses,
manufacturing facilities and distribution channels.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Park Dong-Kook |
Male |
Korean |
11/04/2005 |
|
Director |
Mr. |
Kim Jin-San |
Male |
Korean |
11/04/2005 |
|
Director |
Mr. |
Yoon Seok-Won |
Male |
Korean |
02/24/2006 |
|
Auditor |
Mr. |
Lee Joong-Seok |
Male |
Korean |
11/04/2005 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
53,000,000 |
|
|
The latest financial is not available.
Financial Description
Unit: KRW
|
Authorized
Capital |
1,000,000,000 |
|
Paid-Up
Capital |
750,007,000 |
|
Total Issues Shares |
1,500,014 |
Products, Technologies, Services
Description
|
Main
Products & Services |
Mobile Phone -CDMA Phone -GSM/GPRS Phone Wireless Module |
|
Detailed
Products Spec. |
-RC-CHM100 PCMCIA(USB) Card CDMA 1x 800MHz Chipset : MSM6025 Size: 87 x 54 x 5.6 mm Weight: 35g USB 1.1 Interface Main Parameter: 5V/300mA (max power) Data Rate: Max. 230.4Kbps 2-Way SMS Support OS: Windows 2000/XP/98 R-UIM and Non-UIM Interface Support Ear Jack Interface for Voice Communication -RC-IM690
USB Modem CDMA 1x EVDO 800MHz or 1900MHz Chipset : MSM6025 Size: 76 x 64 x 19 mm Weight: g USB 1.1 Interface Voice Coding: - 13K QCELP - 8K EVRC Data Rate:
- 1x: Max. 153Kbps - EVDO: Max. 2Mbps TCP/IP Protocol Support USB Power - Sleep = 60mA - Idle = 130mA - Call = 380mA ANT: Dipole Antenna R-UIM Interface Support Ear Jack Interface for Voice Communication -GPS Locator Phone CDMA 1x 800MHz gpsOne technology Size: 67.75 x 45.05 x 19.98mm Weight: 68g Battery: Li-ion 900mAh (standby 120
hrs) Memory: 64MB (Flash ROM), 16MB (SRAM) LCD: Black & White (96 x 64
pixels) R-UIM support English & Spanish Emergency SOS button Emergency Call button |
Related Parties (Subsidiaries,
Joint-
Venture & Affiliates)
|
Cooperative Enterprise |
License partner -QUALCOMM (http://www.qualcomm.com/) Business & Tecnology Partners -CELINX CO. (http://www.celinx.com) -Daewoo International Corp.
(http://www.daewoo.com) -FIDELIX Co.,Ltd.
(http://fidelix.co.kr) -HANTEL CO.,LTD (http://www.hantel.co.kr) -INNOMTEK (http://www.innomtek.com) -INWIRELESS (http://www.inwireless.co.kr) -SCD Co.,Ltd. (http://www.sscd.co.kr) -UZONE wireless Co.,Ltd
.(http://www.myuzone.com) Manufacturing Partners -KEDCOM (http://www.kedcom.com) -SEJIN ELECTRON
(http://www.sejinelectron.co.kr) |
Sales by
Region (Activity &
Markets)
The Subject exports its products to India and USA.
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 |
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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 |
|
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. |
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 |
|
<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 |
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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%)