MIRA INFORM REPORT

 

 

Report Date :

17.05.2008

 

IDENTIFICATION DETAILS

 

Name :

PACK SANG SCRAP COMPANY

 

 

Registered Office :

33-1, Sangrim-ri, Docheok-myeon, Gwangju-si, Gyeonggi-do

 

 

Country :

Korea

 

 

Date of Incorporation :

05.01.1997

 

 

Com. Reg. No.:

126-02-80580

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Collection and Wholesale of Recycling Materials

 

 

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

PACK SANG SCRAP COMPANY

Registered Address

33-1, Sangrim-ri, Docheok-myeon, Gwangju-si, Gyeonggi-do, Korea

Zip Code

464-881

Tel

+82-31-764-6616

Fax

+82-31-764-6617

E-mail

kyeng9683@nate.com

Website

www.packsang.com

Trading Address

Rm.202, Daewoo Utopia B/D., 22, Bangi-dong, Songpa-gu, Seoul, Korea

Tel

+82-2-421-8311~2

Fax

+82-2421-8313

Type

Export

Industry

Collection and Wholesale of Recycling Materials

  Main Business

Nickel Alloys, Copper, Aluminum, Stainless, Titanium

Established (mm/dd/yyyy)

05/01/1997

Mr. Yoon Dae-Sig owns the premises of registered HQ address.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Nickel(11101706)

Sell

Non ferrous alloy(11101711)

Sell

Titanium(11101703)

 

 

CEO’s

 

Name

Yoon Dae-Sig

Date of Birth

10/29/1963

Title

Owner

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

Not Applicable to the Sole Proprietorship

Employees

15

Formation

Sole Proprietorship

Bank Details

Kookmin Bank-Garak Branch

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

126-02-80580

Permit & Licenses

Int’l Trade No.: 11852311

Shareholder Position

The Owner has 100% shares.

Company History

05/01/1997 Established as the present name

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Owner

Mr.

Yoon Dae-Sig

Male

Korean

05/01/1997

 

 

Financials                                                

Unit: KRW

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

Not Applicable to the Sole Proprietorship

Paid-Up Capital

Not Applicable to the Sole Proprietorship

Total Issues Shares

Not Applicable to the Sole Proprietorship

 

 

Sales by Region (Activity & Markets)

 

The Subject exports to Japan.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

--

 

 


 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions