MIRA
INFORM REPORT
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Report Date : |
31.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
MK INTERNATIONAL CO LTD |
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Registered Office : |
4th Fl., Cheongyu Bldg., 979-2, Mora 1-dong, Sasang-gu,
Busan |
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Country : |
Korea |
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Date of Incorporation : |
06.04.2000 |
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Com. Reg. No.: |
606-81-26***(Its
full number is kept by the National Tax Service confidentially) |
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Legal Form : |
Company
Limited by Shares |
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Line of Business : |
Wholesale of Wear Accessaries and Imitative Ornamental
Articles |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
MK INTERNATIONAL
CO., LTD. (Korean Company
name : ”엠케이인터내셔널”) |
|
Registered Address |
4th Fl., Cheongyu Bldg., 979-2, Mora
1-dong, Sasang-gu, Busan, Korea |
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Zip Code |
617-822 |
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Tel |
+82-51-301-7175 |
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Fax |
+82-51-301-7179 |
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Website |
www.corozo.net |
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Trading Address |
4th Fl., Cheongyu Bldg., 979-2, Mora
1-dong, Sasang-gu, Busan, Korea |
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Tel |
+82-51-301-7175 |
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Fax |
+82-51-301-7179 |
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Type |
Export/Import |
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Industry |
Wholesale of Wear Accessaries and Imitative Ornamental Articles |
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|
Button |
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Sub Business |
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Established (mm/dd/yyyy) |
04/06/2000 |
Mr. Lee Sang-Po owns
the premises of registered HQ address.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
|
Sell |
Buttons(53141505) |
CEO’s
|
Name |
Lee Sang-Po |
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Address |
148-4, Namcheon-dong, Suyeong-gu, Busan, Korea |
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Date of Birth |
08/17/1957 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
50,000,000 KRW |
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Employees |
5 |
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Formation |
Co., Ltd by shares |
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Bank Details |
N/A |
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Corporate Registered No. |
180111-0319293 |
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Business Registered No. |
606-81-26***(Its full number is kept by the
National Tax Service confidentially) |
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Permit & Licenses |
Int’l Trade No.: 12118852 |
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Shareholder Position |
N/A |
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Company History |
03/1995
Established as MK INTERNATIONAL CO. 04/06/2000
Incorporated as the present name 09/25/2006
Moved to the present HQ address from 157-14, Gamjeon-dong, Sasang-gu, Busan, Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Lee Sang-Po |
Male |
Korean |
04/06/2000 |
|
Director |
Mr. |
Lee Eun-Sik |
Male |
Korean |
03/31/2006 |
|
Auditor |
Mr. |
Na Jong-Ju |
Male |
Korean |
06/04/2003 |
Financials
The financial is not available, and the
subject does not have any obligation to releases its financials to the public.
Financial Description
|
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Unit: KRW
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
50,000,000 |
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Total Issues Shares |
10,000 |
Products, Technologies, Services
Description
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Main
Products & Services |
Button |
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Production
Capacity |
6 button processors : 7,500,000
pieces/month 4 button processors : 5,000,000
pieces/month |
Trade
Partners
|
Suppliers |
MANEXPO CIA LTD- ECUADOR |
|
Customers |
DOMESTIC-TRADE CLUB (HANCHANG), MAESTRO
(LG), DAKS (LG), MICHAELANGELO (SS FASHION), OLEG CASSINI, JEAN PIERRE
(BUHUNG), PARKLAND, LONDON FOG, PIERRE CARDIN, PACO RABANNE, NINA RICCI,
GARCIA, WOLSEY, FILA, GUESS, KIN LOCK, AND MANY OTHERS AMERICA-MAY INTERNATIONAL, LIMITED LTD
(MACY'S), K-MART, WILSONS LEATHER, ADLER, DANIER LEATHER, G-3, AND MANY
OTHERS JAPAN-FASTENING21(TKK AFFILIATE), MINOYA CHINA-WEIXIN, ALLY BUTTON |
Sales by
Region (Activity &
Markets)
The Subject exports to China, Japan, USA, and it imports from Ecuador.
Court
Action
Not Available.
News
Clipping
-
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 42.49 |
|
UK Pound |
1 |
Rs.84.21 |
|
Euro |
1 |
Rs.66.33 |
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%)