MIRA INFORM REPORT

 

 

 

Report Date :

17.11.2008

 

IDENTIFICATION DETAILS

 

Name :

OH SUNG TRADING COMPANY

 

 

Registered Office :

395-73, Sindaebang 2-dong, Dongjak-gu, Seoul

 

 

Country :

Korea

 

 

Date of Incorporation :

01.05.1984

 

 

Com. Reg. No.:

214-05-61519

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Wholesales of Synthetic Coloring Matter, Tanning Materials and Other Coloring Agents

 

 

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Basic

 

Company Name

OH SUNG TRADING COMPANY

Registered Address

395-73, Sindaebang 2-dong, Dongjak-gu, Seoul, Korea

Building

Rm.724, Character Greenville

Zip Code

156-012

Tel

+82-2-833-7318

Fax

+82-2-833-6697

E-mail

ohsung@kett.co.kr;ohsung@kita.net

Website

www.kett.co.kr/ohsung

Trading Address

Rm.724, Character Greenville, 395-73, Sindaebang 2-dong, Dongjak-gu, Seoul, Korea

Tel

+82-2-833-7318

Fax

+82-2-833-6697

Type

Import

Industry

Wholesales of Synthetic Coloring Matter, Tanning Materials and Other Coloring Agents

  Main Business

Dyestuff & Pharmaceutical Intermediate, Acid Chloride & Chloroformate, Agrichemical Intermediate, Dyes & Pigment, Other Fine Chemicals

Established (mm/dd/yyyy)

05/01/1984

 

Mr. Ahn Dae-Hyun owns the premises of registered HQ address.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Dyes(12171500)

Sell

Chemistry reagents or solutions(41116105)

Sell

Pigments(12171600)

 

 

CEO’s

 

Name

Ahn Dae-Hyun

Date of Birth

03/10/1952

Title

Owner

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

Not Applicable to the Sole Proprietorship

Employees

3

Formation

Sole Proprietorship

Bank Details

N/A

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

214-05-61519

Permit & Licenses

N/A

Shareholder Position

The Owner has 100% shares.

Company History

05/01/1984 Established as the present name

 

For the property(163.85 for building, 117.47/19,968.3 for land) of the address at Rm.904, Hyundai Apt., 177, Gaepo-dong ,Gangnam-gu, Seoul 135-807 Korea, it is the residential apartment and has been owned by Mr. Choi Jae-Young(B.O.D: 01/10/1953) since 04/02/1988.

 

We submit the report exactly matching with the name, as we could not identify any companies using the subject name under the address at Rm.904, Hyundai Apt., 177, Gaepo-dong ,Gangnam-gu, Seoul 135-807 Korea.

 

 

Detailed Information

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Owner

Mr.

Ahn Dae-Hyun

Male

Korean

05/01/1984

 

 

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

Not Applicable to the Sole Proprietorship

Paid-Up Capital

Not Applicable to the Sole Proprietorship

Total Issues Shares

Not Applicable to the Sole Proprietorship

 

 

Products, Technologies, Services Description

 

Main Products & Services

A,R Chemical/Liquor, Sprit

Acid chloride & Chloroformate

Agrochemical Intermediate

Castor Oil/Rosin

Dye, Food Dye, Pigment

Dyestuff Intermediate

Fluorine & Fluoborate

Food & Feed Additive

Industrial Chemical

Intermediate Pharmaceuticals, Fine Chemicals

Textile Chemical

Water Treatment

 

Trade Partners

 

Suppliers

AGROCEL INDUSTRIES

BENZO CHEM (GITANJALI)

BILT

CNCCD

EXCEL INDUSTRIES

HAYMAN LIMITED

INDUSTRIAL GRAPHITE

MFPL FLUORINE

NAVKAR AGRO IND.

PPG INDUSTRIES

ROHAN DYES

SABARI

SABERO ORGANICS

SCHENECTADY HERDILLIA

TRANSPEK INDUSTRY

TRANSPEK-SILOX

VANI CHEMICALS

VERDUGT

Customers

 

Competitors

SAM YOUNG TRADING CO.

RM. 1703, SAMHO CO. B-BLDG., 275-6, YANGJAE 2-DONG, SEOCHO-GU, SEOUL, KOREA

TEL:+82-2-589-0707  FAX:+82-2-589-0708 

 

INGOLD TRADING COMPANY

RM. 403, SAMHWA BLDG., 973-35, SINJEONG 4-DONG, YANGCHEON-GU, SEOUL, KOREA

TEL:+82-2-2608-6457  FAX:+82-2-2601-6457 

 

CHUNGHAI CORPORATION

149-1, BANGCHUK-RI, GWANGTAN-MYEON, PAJU-SI, GYEONGGI-DO, KOREA

TEL:+82-31-941-2501 FAX:+82-31-941-2504 

 

RAON CHEMICAL LTD.

A-2608, SAMSUNG TRAPALACE, 559, DOHWA-DONG, MAPO-GU, SEOUL, KOREA

TEL:+82-2-3663-5020  FAX:+82-2-3663-5024

 

 

Sales by Region (Activity & Markets)

 

The Subject imports from USA, Japan, China, India and Europe.

 


 

Court Action

 

Not Available.

 

 

News Clipping

 

---

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.46

UK Pound

1

Rs.73.17

Euro

1

Rs.62.96

 

 

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