MIRA
INFORM REPORT
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Report Date : |
05.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
INTER-WAVE CO., LTD. |
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Registered Office : |
101-14, Nonhyeon-dong, Gangnam-gu, 6FL., Samsungdang B/D 135-820, Seoul |
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Country : |
Korea |
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Date of Incorporation : |
01.14.2003 |
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Com. Reg. No.: |
211-87-26843 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture of Women’s Garments |
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 : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company Name |
INTER-WAVE CO., LTD. |
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Registered Address |
101-14, Nonhyeon-dong,
Gangnam-gu, Seoul, Korea |
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Building |
6FL., Samsungdang B/D. |
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Zip Code |
135-820 |
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Tel |
+82-2-541-4572 |
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Fax |
+82-2-541-4573 |
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E-mail |
00ekdna@hanmail.net;eunji0124@empal.com |
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Website |
www.inter-wave.co.kr |
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Trading Address |
6FL.,
Samsungdang B/D., 101-14, Nonhyeon-dong, Gangnam-gu, Seoul, Korea |
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Tel |
+82-2-541-4572 |
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Fax |
+82-2-541-4573 |
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Other Address-Branch |
Rm.2408, San 15-1, Sanggeo-ri, Yeoju-eup,
Yeoju-gun, Gyeonggi-do, Korea |
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Type |
Import/Export |
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Industry |
Manufacture of Women’s Garments |
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Main Business |
Garments, Accessories |
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Established (mm/dd/yyyy) |
01/14/2003 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Women’s Garments |
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Sell |
Women’s Suit |
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Sell |
Accessories |
CEO’s
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Name |
Kang Soon-Young |
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Address |
649, Gaepo-dong, Gangnam-gu, Seoul, Korea |
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Date of Birth |
04/05/1970 |
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Title |
President & CEO |
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Sex |
Female |
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Nationality |
Korean |
Profiles
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Capital |
800,000,000 KRW |
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Employees |
6 |
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Formation |
Co., Ltd by shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-2693152 |
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Business Registered No. |
211-87-26843 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
01/14/2003
Incorporated as CONER SHOP CO., LTD. 06/01/2005 Changed company name to the
present name 06/01/2005 Moved to the present address
from 111-25, Nonhyeon-dong, Gangnam-gu, Seoul, Korea 09/28/2005 Increased capital to
800,000,000 KRW from 600,000,000 KRW 02/04/2008 Increased the authorized share
number to 10,000,000 shares from 160,000 shares 03/24/2008 Spin Off the Par Value to 500
KRW from 5,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mrs. |
Kang Soon-Young |
Female |
Korean |
01/14/2003 |
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Director |
Mr. |
Kim Sung-Min |
Male |
Korean |
02/09/2007 |
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Director |
M/S. |
Kim Sang-Hee |
Female |
Korean |
02/09/2007 |
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Director |
Mr. |
Kang Yoo-Jin |
Male |
Korean |
09/05/2007 |
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Auditor |
Mr. |
Kang Jin-Kyun |
Male |
Korean |
06/15/2006 |
Mrs. Kang Soon-Young is the wife of Mr. Kim Sung-Min(In
1992, he graduated from University of Missouri, Columbia., and worked fro
Samsung Electronics Co., Ltd.)
Financials Unit: KRW
The financial is not available, and the
subject does not have any obligation to releases its financials to the public.
However the sales for 2008, it is expected as 45,000,000,000 KRW.
Financial
Description Unit: KRW
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Authorized
Capital |
5,000,000,000 |
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Paid-Up
Capital |
800,000,000 |
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Total Issues Shares |
1,600,000 |
Products, Technologies, Services
Description
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Main
Products & Services |
Women’s Garments Brand Name: VANESSABRUNO, JILLSTUATE, A.P.C |
Trade
Partners
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Customers |
The Subject
sells its goods through major domestic department Stores including Galleria
Apgujung, Hyundai Department Store-HQ, Lotte Department
Store-HQ/Jamsil/Gangnam/Nowon, Samsung Plaza and Hyundai Department
Store-Trade Center/Mokdong/Chunho/Jundong/Busan. |
Sales by
Region (Activity &
Markets)
The Subject imports from USA and France.
Court
Action
Not Available.
News Clipping
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. |
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%)