MIRA
INFORM REPORT
|
Report Date : |
21.10.2008 |
IDENTIFICATION DETAILS
|
Name : |
BORAM LOGISTICS CO., LTD. |
|
|
|
|
Registered Office : |
146-7, Ssangnim-dong, Jung-gu, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
20.07.1993 |
|
|
|
|
Com. Reg. No.: |
203-81-52936 |
|
|
|
|
Legal Form : |
Company Limited by Shares |
|
|
|
|
Line of Business : |
Freight Transport Brokerage, Agency and Other Supporting Transport
Services |
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 |
BORAM LOGISTICS CO., LTD. |
|
Registered Address |
146-7, Ssangnim-dong, Jung-gu, |
|
Zip Code |
100-400 |
|
Tel |
+82-2-2269-2796 |
|
Fax |
+82-2-2264-3589 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
146-7, Ssangnim-dong, Jung-gu, |
|
Tel |
+82-2-2269-2796 |
|
Fax |
+82-2-2264-3589 |
|
Other Address-Busan Branch |
Rm401, Dongwon B/D., 81-28, 4-ga, Chungang-dong,
Chung-gu, |
|
Tel |
+82-51-464-1068 |
|
Fax |
+82-51-465-2775 |
|
Other Address-Incheon Branch |
Rm510, Yuhan B/D., 27-211, Hang-dong, Choong-gu,
|
|
Tel |
+82-32-882-2796 |
|
Fax |
+82-32-887-3589 |
|
Type |
Import/Export |
|
Industry |
Freight Transport Brokerage, Agency and Other Supporting Transport
Services |
|
Main Business |
Forwarding, Marine Freight Transport Arrangement Services, Air Freight
Transport Arrangement Services, LCL, Sea/Air, Packing, Customs Brokerage,
P/Up & Delivery, Tracking, Tracing,
Warehousing Service |
|
Sub
Business |
Wholesales of Textile & Garments |
|
Established (mm/dd/yyyy) |
07/20/1993 |
The Subject
occupies the premises of registered HQ address by leasing base.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Transport arrangements(78141500) |
|
Sell |
Freight forwarders services(78141501) |
|
Sell |
Road cargo transport(78101800) |
|
Sell |
General goods storage(78131600) |
CEO’s
|
Name |
Lee Ki-Joon |
|
Address |
520-32, Mugap-ri, Chowol-eup, Gwangju-si, |
|
Date of Birth |
08/17/1958 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital |
500,000,000 KRW |
||||||||||||||||||
|
Employees |
15 |
||||||||||||||||||
|
Formation |
Co., Ltd by shares |
||||||||||||||||||
|
Bank Details |
Woori Bank-Ojang Dong
Branch |
||||||||||||||||||
|
Corporate Registered No. |
110111-0959522 |
||||||||||||||||||
|
Business Registered No. |
203-81-52936 |
||||||||||||||||||
|
Permit & Licenses |
09/1993 Registration for Freight Forward - The Ministry of
Construction and Transportation 02/1999
Registration of Transport Supply - The Ministry of National Defense 03/2000 Registration to be Int’l Shipping Agent - The
Ministry of Maritime Affairs and Fisheries Int’l Trade No.: 11078218 |
||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||
|
Company History |
07/20/1993
Incorporated as the present name 10/09/1996
Increased capital to 300,000,000 KRW from 200,000,000 KRW 08/26/1999
Moved to the present HQ address from 303-1, Gwanghui-dong 1-ga,
Jung-gu, 08/14/2008
Changed company name to the present name from BORAM SHIPPING CO., LTD. 09/12/2008 Increased capital to
500,000,000 KRW from 300,000,000 KRW |
||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Lee Ki-Joon |
Male |
Korean |
07/20/1993 |
|
Director |
Mr. |
Choi Jeong-Wook |
Male |
Korean |
09/22/2005 |
|
Director |
M/S. |
Ha In-Sook |
Female |
Korean |
09/10/2008 |
|
Auditor |
Mr. |
Lee Kwang-Joong |
Male |
Korean |
09/22/2005 |
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 |
800,000,000 |
|
Paid-Up Capital |
500,000,000 |
|
Total Issues Shares |
50,000 |
Products, Technologies, Services
Description
|
Main Products & Services |
The Subject specialized in transportation
service of Engine, Power Generator, Transformer,
Turbine and other Heavy Equipment. Forwarding Marine Freight Transport Arrangement
Services Air Freight Transport Arrangement Services Customs Brokerage Tracking Tracing Warehousing Service Wholesales of Textile & Garments |
Sales by
Region (Activity &
Markets)
Not Available.
Court
Action
Not Available.
News Clipping
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.83 |
|
|
1 |
Rs.85.12 |
|
Euro |
1 |
Rs.65.86 |
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%)