MIRA
INFORM REPORT
|
Report Date : |
21.02.2008 |
IDENTIFICATION
DETAILS
|
Name : |
ASIA METAL CO LTD |
|
|
|
|
Registered Office : |
370-136, Sinpyeong 1-dong, Saha-gu, Busan |
|
|
|
|
Country : |
Korea |
|
|
|
|
Date of Incorporation : |
04/18/2003 |
|
|
|
|
Com. Reg. No.: |
603-81-53038 |
|
|
|
|
Legal Form : |
Company Limited by Shares |
|
|
|
|
Line of Business : |
Stainless Scrap, Other Metals |
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 |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
Basic
|
Company Name |
ASIA METAL CO., LTD. |
|
Registered Address |
370-136, Sinpyeong 1-dong, Saha-gu, Busan,
Korea |
|
Zip Code |
604-836 |
|
Tel |
+82-51-202-6074 |
|
Fax |
+82-51-291-4309 |
|
|
|
|
Trading Address |
370-136, Sinpyeong 1-dong, Saha-gu, Busan,
Korea |
|
Tel |
+82-51-202-6074 |
|
Fax |
+82-51-291-4309 |
|
Type |
Export |
|
|
|
|
Industry |
Wholesale of Metal Ores |
|
|
|
|
Main Business |
Stainless Scrap, Other Metals |
|
|
|
|
Established (mm/dd/yyyy) |
04/18/2003 |
Mr. Lim Heung-Bok, President
& CEO, owns the premises of registered HQ address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Stainless Scrap |
|
Sell |
Metal Ores |
CEO’s
|
Name |
Lim Heung-Bok |
|
Address |
820-1, Dadae-dong, Saha-gu, Busan, Korea |
|
Date of Birth |
10/05/1962 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital |
700,000,000 KRW |
|
Employees |
4 |
|
Formation |
Co., Ltd by shares |
|
Bank Details |
National Agriculture Cooperative Federation(Nong Hyup Bank) -Noksan
Gongdan Branch |
|
Corporate Registered No. |
180111-0446947 |
|
Business Registered No. |
603-81-53038 |
|
Permit & Licenses |
Int’l Trade No.: 30349238 |
|
Shareholder Position |
N/A |
|
Company History |
04/18/2003 Incorporated as the present name 01/24/2006 Increased capital to 700,000,000
KRW from 350,000,000 KRW |
|
|
|
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
|
President & CEO |
Mr. |
Lim Heung-Bok |
Male |
Korean |
04/18/2003 |
|
Director |
M/S. |
Park Jung-Sook |
Female |
Korean |
01/19/2006 |
|
Director |
Mr. |
LimHeung-Cheon |
Male |
Korean |
04/18/2006 |
|
Auditor |
Mr. |
Yoon Byung-Sun |
Male |
Korean |
05/17/2005 |
Financials
The financial is not
available, and the subject does not have any obligation to releases its
financials to the public.
Financial Description
Unit: KRW
|
Authorized Capital |
1,400,000,000 |
|
Paid-Up Capital |
700,000,000 |
|
Total Issues Shares |
140,000 |
Products, TECHNOLOGIES, Services Description
|
Main Products
& Services |
Stainless
Scrap Other Metals |
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. |
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%)