MIRA
INFORM REPORT
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Report Date : |
13.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
HANARO MARKETING SERVICES PRIVATE LIMITED |
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Registered Office : |
Westend Plaza, S. No. 169, Hissa No. I, Sector No. III (Part) and IV,
Aundh, Pune-411007, Maharashtra |
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Country : |
India |
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Date of Incorporation : |
18.04.2007 |
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Com. Reg. No.: |
130000 |
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CIN No.: [Company
Identification No.] |
U52334PN2007PTC130000 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
PNEH05528F |
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PAN No.: [Permanent
Account No.] |
AABCH8521K |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
To carry on the business of marketing for sales promotion, selling or
distributing electrical and electronic goods of any description, prices,
shapes, sizes, varieties through network of distributors as well as to act as
consultants, agents, sales, organizers, sales representatives and advisor in
all respective branches relating to all kinds of electrical and electronic
products including domestic electronic appliances like microwave oven, air
conditioners, refrigerators, Colour TV, mobile phones etc. and to develop,
promote and run marketing schemes or such other scheme by what so ever name
called which may lead to or be conducive for effecting sales and marketing of
goods of any descriptions including electronic goods of any kind whether
luxurious or of daily needs, household or for any industry use whether
mechanical or otherwise and to distribute either as sale or gifts the
products or prizes under such schemes and do all incidental activities for
promoting such scheme as to appoint commission agents, distributors, dealers
and other intermediaries for promoting such scheme. |
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 : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company and we called the Korean gentlemen several
times for up-dating the information but he could not understand us. No official telephone number is yet available for the company. The
company is unknown to the corporate trade and business circle. It appears to be a Koreans managed company as all directors are from
Korea. No payment are available. Initially, the company can be considered for any business dealings on
safe and secured trade terms and conditions. |
LOCATIONS
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Registered Office : |
Westend Plaza, S. No. 169, Hissa No. I, Sector No. III (Part) and IV,
Aundh, Pune-411007, Maharashtra |
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Corporate Office : |
Pecan 202, Marigold, Kalyani Nagar, Pune – 411006, India |
DIRECTORS
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Name : |
Mr. Hung Hun Kang |
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Designation : |
Director |
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Address : |
Flat No. 202, Pecan Building, Marigold Premises, Kalyani Nagar,
Pune-411014, Maharashtra, India |
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Date of Birth/Age : |
16.12.1964 |
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Name : |
Mr. Hey Yeon Lee |
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Designation : |
Directors |
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Address : |
Flat No. 202, Pecan Building, Marigold Premises, Kalyani Nagar,
Pune-411014, Maharashtra, India |
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Date of Birth/Age : |
04.09.1964 |
BUSINESS DETAILS
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Line of Business : |
To carry on the business of marketing for sales promotion, selling or
distributing electrical and electronic goods of any description, prices,
shapes, sizes, varieties through network of distributors as well as to act as
consultants, agents, sales, organizers, sales representatives and advisor in
all respective branches relating to all kinds of electrical and electronic
products including domestic electronic appliances like microwave oven, air
conditioners, refrigerators, Colour TV, mobile phones etc. and to develop,
promote and run marketing schemes or such other scheme by what so ever name
called which may lead to or be conducive for effecting sales and marketing of
goods of any descriptions including electronic goods of any kind whether
luxurious or of daily needs, household or for any industry use whether
mechanical or otherwise and to distribute either as sale or gifts the
products or prizes under such schemes and do all incidental activities for
promoting such scheme as to appoint commission agents, distributors, dealers
and other intermediaries for promoting such scheme. |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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1000000 |
Equity Shares |
Rs. 10/- each |
Rs. 10.000 Millions |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs. 10/-
each |
Rs. 0.100
Millions |
FINANCIAL DATA
[all figures are in Rupees Millions]
Since it is a new company, no financials are yet available.
LOCAL AGENCY FURTHER
INFORMATION
BUSINESS
The company appears to be in inform stage and
yet to start business.
None is employed.
THE MAIN OBJECTS
TO BE PURUSUED BY THE COMPANY INCORPORATED ARE:-
To carry on the business of marketing for sales promotion, selling or
distributing electrical and electronic goods of any description, prices,
shapes, sizes, varieties through network of distributors as well as to act as
consultants, agents, sales, organizers, sales representatives and advisor in
all respective branches relating to all kinds of electrical and electronic
products including domestic electronic appliances like microwave oven, air
conditioners, refrigerators, Colour TV, mobile phones etc. and to develop,
promote and run marketing schemes or such other scheme by what so ever name
called which may lead to or be conducive for effecting sales and marketing of
goods of any descriptions including electronic goods of any kind whether
luxurious or of daily needs, household or for any industry use whether
mechanical or otherwise and to distribute either as sale or gifts the products
or prizes under such schemes and do all incidental activities for promoting
such scheme as to appoint commission agents, distributors, dealers and other
intermediaries for promoting such scheme.
CMT REPORT
(Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE
GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.81 |
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UK Pound |
1 |
Rs.83.75 |
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Euro |
1 |
Rs.66.10 |
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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