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MIRA INFORM
REPORT
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Report Date : |
16.04.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
HASNAIN INTERNATIONAL CO. |
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Registered Office : |
1827-11, Sindang-dong, Dalseo-gu, |
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Country : |
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Date of Incorporation : |
14.02.2002 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of Other Industrial Machinery and Equipment |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Very Small Concern |
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Payment
Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Company Name |
HASNAIN
INTERNATIONAL CO. (Korean Company
Name : “하스낸인터내셔널”) |
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Registered Address |
1827-11, Sindang-dong, Dalseo-gu, |
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Building |
Rm. 502, Taeyang Ville |
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Zip Code |
704-922 |
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Tel |
+82-53-581-2722 |
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Fax |
+82-53-581-2723 |
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Trading Address |
Rm. 502, Taeyang Ville, 1827-11,
Sindang-dong, Dalseo-gu, |
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Tel |
+82-53-581-2722 |
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Fax |
+82-53-581-2723 |
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Type |
Export |
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Industry |
Wholesale of Other Industrial Machinery and Equipment |
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Main Business |
Used Textile Machinery |
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Established (mm/dd/yyyy) |
02/14/2002 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Textile working machinery and equipment and accessories(23121600) |
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Sell |
Twisting machines(23121504) |
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Sell |
Textile processing machinery and
accessories(23121500) |
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Sell |
Embroidery making machines(23121501) |
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Name |
Naeem Muha Mmad Khan |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Pakistani |
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
1 |
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Formation |
Sole Proprietorship Foreign Direct Investment Corporation |
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Bank Details |
N/A |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
204-07-*****(The full numbers are kept by
the National Tax Service confidentially.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
02/14/2002 Established as the present name 02/23/2005 Registered as a Foreign Direct
Investment Corporation by |
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
Mr. |
Naeem Muha Mmad Khan |
Male |
Pakistani |
02/14/2002 |
The financials are
not available, and the Subject Company does not have any obligations to release
its financials to the public.
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Authorized Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Total Issues Shares |
Not Applicable to the Sole Proprietorship |
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Main Products & Services |
Used Textile Machinery |
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Competitors |
JEIL MACHINERY CO. GA-118, GORYEO COMPLEX, 10-279,
JONGAM-DONG, SEONGBUK-GU, TEL:+82-2-941-2977 FAX:+82-2-917-8921 JEIL CORPORATION 657-5, ILPAE-DONG, NAMYANGJU-SI, TEL:+82-2-943-0041 FAX:+82-2-911-4229 SOO SUNG MACHINE COMPANY 768-2, HASIN-RI, GEUMSEONG-MYEON,
GEUMSAN-GUN, TEL:+82-41-751-2644 FAX:+82-41-751-2646 |
(Activity &
Markets)
The Subject exports
to Bangladeshi,
Not Available.
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.52 |
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|
1 |
Rs.72.72 |
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Euro |
1 |
Rs.64.41 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.