MIRA INFORM REPORT

 

 

 

Report Date :           

01.08.2011

 

IDENTIFICATION DETAILS

 

Name :

DOOSAN CORPORATION

 

 

Formerly Known As :

OB Beer Co., Ltd.

 

 

Registered Office :

18-12, Euljiro 6-ga, Jung-gu, Seoul, Korea, 31st Fl., Doosan Tower Bldg., Zuip Code 100-730

 

 

Country :

South Korea

 

 

Financials (as on) :

31.03.2011

 

 

Date of Incorporation :

18.12.1933

 

 

Com. Reg. No.:

107-81-00237

 

 

Legal Form :

Listed Company

 

 

Line of Business :

Non-Financial Holding Companies

 

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 :

No Complaints

 

 

Litigation :

Exists

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

South Korea

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

Basic

 

Company Name

DOOSAN CORPORATION

(Korean Company Name : “()두산”)

Registered Address

18-12, Euljiro 6-ga, Jung-gu, Seoul, Korea

Building

31st Fl., Doosan Tower Bldg.

Zip Code

100-730

Tel

+82-2-3398-1121

Fax

+82-2-3398-1135

E-mail

guide@doosan.com

Website

www.doosancorp.co.kr

Trading Address

31st Fl., Doosan Tower Bldg., 18-12, Euljiro 6-ga, Jung-gu, Seoul, Korea (P.O.BOX 80)

Tel

+82-2-3398-1121

Fax

+82-2-3398-1135

Other Address-Gwangju Factory (Foods BG)

685-2, Ilgok-dong, Buk-gu, Gwangju 500-160 Korea

Tel

+82-62-572-6394

Other Address-Geochang Factory (Foods BG)

1400, Seokgang-ri, Gajo-myeon, Geochang-gun, Gyeongnam-do 670-911 Korea

Tel

+82-55-940-4106

Fax

+82-55-942-4029

Other Address-Iksan Factory (Foods BG)

603, Yongje-dong, Iksan-si, Jeonbuk-do 570-350 Korea

Tel

+82-63-831-8836

Type

Export/Import

Industry

Non-Financial Holding Companies

  Main Business

Clothing, Electronics, Information & Technology, Logistics

Established (mm/dd/yyyy)

12/18/1933

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Prepared and preserved foods(50190000)

Sell

Publishing(82121800)

Sell

Lease and rental of property or building(80131500)

Sell

Clothing(53100000)

Sell

Plant hormones(10171502)

Sell

Software(43230000)

Sell

Application service providers(81112106)

Sell

Software or hardware engineering(81111500)

Sell

Distribution(80141700)

Sell

Plastic bottles(24122002)

Sell

ERP or database applications programming services(81111507)

Sell

Spices or extracts(50171550)

Sell

Eating and drinking establishments(90101500)

Sell

International trade services(80151600)

Sell

Commercial and Military and Private Vehicles and their Accessories and Components(25000000)

Sell

Cosmetics(53131619)

Sell

Cooking or table salt(50171551)

Sell

Domestic Appliances and Supplies and Consumer Electronic Products(52000000)

Sell

Vehicle parking services(78180303)

Sell

Vehicle maintenance and repair services(78180100)

Sell

Other adhesives and sealants(31201600)

Sell

Pasture and range services(70121900)

Sell

Printing(82121500)

Sell

Electronic component parts and raw materials and accessories(32131000)

Sell

Pickles(50171901)

Sell

Spirits or liquors(50202206)

Sell

Data center services(81112003)

Sell

Wine(50202203)

Sell

Alcohol cocktails or drink mixes(50202207)

Sell

Fast food establishments(90101503)

Sell

Dipping sauces or condiments or spreads or marinades(50171830)

Sell

Cereal grains(50221101)

Sell

Road cargo transport(78101800)

Sell

Institutional food services equipment(48100000)

Sell

Livestock feed(10121500)

Sell

Chemicals including Bio Chemicals and Gas Materials(12000000)

Sell

Packaging cans(24121800)

 

 

CEO’s

 

Name

Park Yong-Hyun

Date of Birth

09/16/1943

Title

Chairman & CEO

Sex

Male

Nationality

Korean

 

Profiles

 

Capital (KRW)

154,254,625,000

Employees

2,827

Formation

Listed Company (Korea Stock Exchange: 000150) as of 05/1973

A Company of Doosan Business Group

Bank Details

Woori Bank-Youngdeungpo Branch

Corporate Registered No.

110111-0013774

Business Registered No.

107-81-00237

Permit & Licenses

03-1997 Electronics BG awarded ISO14001 Certification (KSA-QA)

07-1991 Machinery BG plant in Changwon acquires ASME STAMP certificate

 

Int’l Trade No.: 841616

Shareholder Position

Name

Shares

%

MIRAE ASSET INVESTMENT MANAGEMENT CO., LTD.(110111-1441685)

1,206,075

3.94

TREASURY STOCK

6,401,852

20.92

DOOSAN CONSTRUCTION & ENGINEERING CO., LTD.(110111-0194277)

1,194,786

3.91

YONKANG FOUNDATION(111122-0000296)

1,139,407

3.72

DOOSAN CONSTRUCTION CO., LTD.(134511-0088135)

946,202

3.09

PARK YONG-KON

860,497

2.81

OTHERS

17,342,968

56.69

TOTAL

30,595,206

100.00

Company History

12/18/1933 Incorporated as Sohwa Kirin Beer Co., Ltd.

02/1948 Changed company name to Oriental Beer Co., Ltd.

02/1996 Changed company name to OB Beer Co., Ltd.

09/01/1998 Changed company name to the present name

01/01/2009 Changed to Holding Companies

 

 

 

 

Management

 

Job Description

Title

Name

Nationality

Date of Birth

Education

Chairman & CEO

Mr.

Park Yong-Hyun

Korean

1943.09.16

Seoul National University, Korea

Chairman & CEO

Mr.

Park Yong-Man

Korean

1955.02.05

Seoul National University, Korea

Vice Chairman & CEO

Mr.

James B. Bemowski

-

1954.01.11

Harvard University(Business School MBA), Mckenna College, USA

Vice Chairman & CEO

Mr.

Lee Jae-Kyung

Korean

1950.06.27

Seoul National University, Korea

Director

Mr.

Park Yong-Sung

Korean

1940.09.11

Seoul National University, Korea

Vice Chairman

Mr.

Park Jung-Won

Korean

1962.03.09

Korea University, Korea

President

Mr.

Park Ji-Won

Korean

1965.04.20

Yonsei University, Korea

Outside Director

Mr.

Yoo Hyun

Korean

1945.04.08

Seoul National University, Korea

Outside Director

Mr.

Oh Dae-Sik

Korean

1954.11.28

Seoul National University, Korea

Outside Director

Mr.

Yoon Dae-Hee

Korean

1949.10.24

Seoul National University, Korea

Outside Director

Mr.

Jung Hae-Bang

Korean

1950.09.01

Seoul National University, Korea

Outside Director

Mr.

Shin Hee-Taik

Korean

1952.08.06

Seoul National University, Korea

Outside Director

Mr.

Cho Moon-Hyun

Korean

1955.05.26

Seoul National University, Korea

Outside Director

Mr.

Kim Myung-Ja

Korean

1944.07.13

Seoul National University, Korea

Outside Director

Mr.

Park Hae-Sik

Korean

1963.04.20

Boston University, USA

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

(*)03/2011

488,903,443,306

5,475,206,434,244

86,436,388,685

2010

1,531,038,835,967

3,187,593,687,695

262,378,913,051

2009

953,387,185,675

2,748,424,425,743

232,298,744,300

2008

933,239,328,051

2,791,040,981,949

109,736,257,826

2007

1,407,603,291,295

2,237,922,188,163

24,717,013,375

2006

1,927,983,770,080

2,503,500,279,827

23,228,175,856

2005

1,864,460,112,711

2,606,988,671,698

7,955,758,504

2004

2,037,902,072,411

2,699,007,901,115

(-)41,363,454,438

(*)03/2011 ‘s figures are based on the K-IFRS Accounting System.

 

 

Financial Description

 

Authorized Capital(KRW)

2,000,000,000,000

Paid-Up Capital(KRW)

154,254,625,000

Total Issues Shares

30,850,925 (Common : 25,081,111 / Preferable : 5,769,814)

 

 

Balance Sheet

 

Unit : Korean Won

01/01/2011~03/31/2011

As of 12/31/2010

As of 12/31/2009

Total Assets

5,475,206,434,244

5,415,316,109,785

 

Current Assets

835,241,340,449

768,937,921,842

 

Cash & Cash Equivalents

159,995,656,333

214,972,841,474

 

Current Financial Instruments

27,744,105,598

43,907,495,967

 

Marketable Financial Instruments

10,298,864,705

10,298,864,705

 

Trade Receivables & Other Receivables

448,760,754,784

360,241,823,109

 

Derivatives

6,096,332,956

2,596,842,888

 

Inventories

151,886,612,347

118,760,534,150

 

Other Current Assets

30,459,013,726

18,159,519,549

 

Non-Current Assets

4,639,965,093,795

4,646,378,187,943

 

Non-Current Financial Instruments

17,000,000

17,000,000

 

Marketable Financial Instruments

3,168,013,067

3,351,307,967

 

Investment_Related Companies

4,037,499,348,755

4,036,778,582,122

 

Tangibles

344,194,576,534

337,022,701,737

 

Intangibles

107,293,182,210

106,778,376,163

 

Investment_Real Estates

130,851,209,870

130,963,768,661

 

Other Long-Term Receivables

2,775,420,405

16,816,450,176

 

Derivatives

 

821,063,984

 

Other Non-Current Assets

14,166,342,954

13,828,937,133

 

Total Liabilities

1,049,294,708,853

967,153,784,557

 

Current Liabilities

767,957,711,290

692,204,652,943

 

Trade Payables & Other Payables

335,648,539,944

289,471,839,763

 

Short-Term Borrowings

88,536,655,199

61,170,349,636

 

Current Portion of Debentures

149,913,789,457

149,860,703,913

 

Current Portion of Long-Term Borrowings

89,468,267,680

105,016,491,680

 

Deferred Income Tax Credit

8,016,346,654

11,162,290,168

 

Provisions

2,453,664,183

2,559,430,498

 

Other Non-Current Financial Debts

93,920,448,173

72,963,547,285

 

Non-Current Liabilities

281,336,997,563

274,949,131,614

 

Debentures

196,383,891,099

196,323,709,628

 

Long-Term Borrowings

23,526,515,200

24,550,298,400

 

Provision for Severance & Retirement

40,149,831,626

38,393,445,462

 

Other Non-Current Debts

1,410,535,151

1,556,641,102

 

Provisions

996,700,000

996,700,000

 

Deferred Income Tax Credit

18,869,524,487

13,128,337,022

 

Capital Stock

154,215,125,000

154,062,125,000

 

Capital Surplus

710,084,282,363

707,542,470,263

 

Others

-181,642,520,071

-115,305,762,821

 

Installments

3,363,878,101

1,475,556,373

 

Profit Surplus

3,739,890,959,998

3,700,387,936,413

 

Total Equity

4,425,911,725,391

4,448,162,325,228

 

Liab. & Shareholder’s Equity

5,475,206,434,244

5,415,316,109,785

 

 

Balance Sheet

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Total Assets

3,187,593,687,695

2,748,424,425,743

2,791,040,981,949

Current Assets

745,123,555,422

496,619,504,331

561,816,260,609

-Quick Assets

626,429,891,144

396,005,861,225

400,549,312,320

-Inventories

118,693,664,278

100,613,643,106

161,266,948,289

Fixed Assets

2,442,470,132,273

2,251,804,921,412

2,229,224,721,340

-Investment

1,867,770,534,943

1,855,834,750,711

1,712,168,688,532

-Tangibles

443,070,710,433

300,857,004,021

451,740,957,923

-Intangibles

91,592,049,380

15,923,541,732

24,276,849,388

-Others

40,036,837,517

79,189,624,948

41,038,225,497

Total Liabilities

1,142,707,589,166

932,801,531,485

1,225,432,575,704

Current Liabilities

620,012,622,451

351,196,957,871

765,849,962,699

Fixed Liabilities

522,694,966,715

581,604,573,614

459,582,613,005

Capital Stock

154,062,125,000

153,229,030,000

152,513,030,000

Capital Surplus

750,079,714,155

693,113,776,030

629,452,048,546

Profit Surplus

611,464,531,674

414,740,496,528

219,248,034,142

Capital Adjustment

529,279,727,700

554,539,591,700

564,395,293,557

Total Equity

2,044,886,098,529

1,815,622,894,258

1,565,608,406,245

Liab. & Shareholder’s Equity

3,187,593,687,695

2,748,424,425,743

2,791,040,981,949

 

 

Income Statement

 

Unit : Korean Won

01/01/2011~03/31/2011

As of 12/31/2010

As of 12/31/2009

Revenues

488,903,443,306

 

 

Operating Expenses

391,130,012,241

 

 

Operating Income

97,773,431,065

 

 

Finance Income

8,060,143,481

 

 

Finance Expenses

12,531,879,770

 

 

Income Before Taxes

93,301,694,776

 

 

Income Taxes Expenses

6,865,306,091

 

 

Net Income

86,436,388,685

 

 

 

Income Statement

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Revenues

1,531,038,835,967

953,387,185,675

933,239,328,051

Operating Expenses

1,278,346,594,833

1,018,223,496,033

1,103,650,892,554

Operating Income

252,692,241,134

-64,836,310,358

-170,411,564,503

Non-Operating Income

50,060,465,698

48,017,368,850

176,565,813,885

Non-Operating Expenses

51,091,779,676

78,484,804,895

189,668,559,427

Income Before Taxes from Continuous Business

251,660,927,156

-95,303,746,403

-183,514,310,045

Income Taxes Expenses from Continuous Business

29,244,245,617

-37,896,234,314

-88,539,351,723

Net Income from Continuous Business

222,416,681,539

-57,407,512,089

-94,974,958,322

Net Income from Stopped Business

39,962,231,512

289,706,256,389

204,711,216,148

Net Income

262,378,913,051

232,298,744,300

109,736,257,826

 

 

Cash Flows

 

Unit : Korean Won

01/01/2011~03/31/2011

As of 12/31/2010

As of 12/31/2009

Operating Activities Cash Flows

-1,778,489,736

 

 

Cash Flows from Operating

8,218,493,925

 

 

Interests Received

1,571,440,612

 

 

Interests Paid

-6,693,174,342

 

 

Dividends Received

3,000,000

 

 

Income Taxes

-4,878,249,931

 

 

Cash Flows from Investing

-478,942,210

 

 

Cash Inflow from Investing

16,677,178,435

 

 

Cash Outflows for Investing

-17,156,120,645

 

 

Cash Flows from Financing

-52,719,753,195

 

 

Cash Inflows from Financing

30,015,402,425

 

 

Cash Outflows from Financing

-82,735,155,620

 

 

Increase/Decrease in Cash

-54,977,185,141

 

 

Cash at the Beginning of Year

214,972,841,474

 

 

Cash at the End of Year

159,995,656,333

 

 

 

Cash Flows

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Cash Flows from Operating

95,258,671,049

28,684,506,525

115,564,101,363

-Net Income

262,378,913,051

232,298,744,300

109,736,257,826

-Exp. without Cash Outflow

66,132,506,078

235,973,259,874

343,804,002,211

-Revenue without Cash Inflows

-207,320,896,080

-426,496,572,907

-296,042,453,637

-Changes in Asset/ & Liability

-25,931,852,000

-13,090,924,742

-41,933,705,037

Cash Flows from Investing

-98,512,994,912

298,583,759,754

95,562,581,358

-Cash Inflow from Investing

113,315,663,848

961,247,984,210

275,446,025,868

-Cash Outflows for Investing

-211,828,658,760

-662,664,224,456

-179,883,444,510

Cash Flows from Financing

-30,071,185,801

-273,817,970,677

-59,863,237,974

-Cash Inflows from Financing

127,139,011,855

372,431,244,328

350,664,792,530

-Cash Outflows from Financing

-157,210,197,656

-646,249,215,005

-410,528,030,504

Increase/Decrease in Cash

26,390,367,020

53,450,295,602

131,574,689,336

Cash at the Beginning of Year

188,582,474,454

135,132,178,852

3,557,489,516

Cash at the End of Year

214,972,841,474

188,582,474,454

135,132,178,852

 

 

Products, Technologies, Services Description

 

Main Products & Services

Electro-Materials BG

Doosan Electro-Materials BG was established in 1974. Since then, as the world leader in the field, the Company produces and sells high quality copper-clad laminate (CCL), a key component of PCBs and industrial fine chemical products.

The excellence of the quality of the Company CCL was proven with the acquisition of several certificates including the KS of Korea, UL of the U.S., BSI of Britain, CSA of Canada, VDE of Germany, JET of Japan, ISO 9001 and ISO 14001. Electronic parts made by Doosan Electro-Materials are used not only by domestic electronic giants including Samsung and LG, but also by top overseas electronics giants such as Sony, Hitachi, Toshiba, IBM, Phillips, AT&T, Thomson and Siemens.

Doosan Electro-Materials line of products includes phenol CCL (used in TVs, VCRs, audio systems, refrigerators, washing machines, CD-ROMs and DVD-ROMs), Epoxy CCL for PCBs (used in high-tech electronic equipment such as PCs, LCDs, mobile phones, military equipment and digital telecommunications equipment) and fine chemical products including industrial glues, coatings and optical plastics. In order to meet changing customer needs, Doosan Electro-Materials BG produces a wide range of quality products such as Paper Phenolic, Glass Epoxy, Composite, Thin Core, Mass Lam, Bonding Sheet, Resin Coated Copper Foil, Flexible CCL and OLED (Organic Light Emitting Diodes).

The Company global marketing network and state-of-the-art technology help Doosan Electro-Materials to better serve customers around the globe. Holding to the ultimate goal of customer satisfaction, Doosan Electro-Materials BG is working to strengthen its position as a global leader in the CCL industry with six domestic business plants (in Gumi, Jeungpyeong, Iksan, Kimcheon, and Ansan) and four corporate centers and three branches (in Hong Kong, Singapore, the U.S., China and Europe).

Main Products & Services

Fashion BG

Polo Ralph Lauren has established itself as the most successful fashion brand in the world over the past 30 years by charting a new course toward high-end lifestyles. There are 176 Polo stores across Korea selling men's wear, women's wear (Blue Label), Boy's and Girl's wear, and Polo jeans, as well as the Collection and Purple Label, two high-end lines.

One of the world's most successful lifestyle brands "Esprit" was born in America in 1968 by a young couple, Susie and Doug Tompkins. Esprit's motto is an international youthful lifestyle brand offering smart, affordable luxury and bringing newness & style to life. In 2006, 'Esprit Women Casual' and 'EDC by Esprit' is introduced in Korea. Women Casual is easy to wear, mix & match style and EDC is young & highly fashion oriented.

Main Products & Services

Information & Communication BU

First established as Dongyang Computer Technology in the 1970s, Doosan Information and Communication BU provides total IT services through comprehensive consulting and engineering services based on the expertise and rich experience the Company has accumulated over the past 30 years.

 

Glonet BU

Logistics Service

Detailed Products Spec.

Industrial materials

-PAPER PHENOLIC & COMPOSITE CCL

Copper clad laminate (CCL) is produced for use in household electronics including radios, cassette players, color TVs, VCRs, CD-ROMs, and DVD-ROMs. It is the only product, which ranks first in the global market among individual Korean products.

-Commercial Printing

This service provides the function of sales promotion to deliver company information with the critical content required by companies in terms of both quality and quantity and also offers corporate image (CI), brand image and corporation culture services to customers.

 

-Lysophos phatidyl ethanolamine (LPE)

LPE, currently commercialized under the brand name, NATURELOX, is a natural plant growth regulator exclusively produced using globally patented technology from our company. This product not only controls the growth rate of plants but also prevents cold weather damage and increases the sugar content, color quality, hardness and storage capacity.

 

-Sphingolipid

Sphingolipid is a component of skin and is used as an important raw material in the cosmetic industry thanks to its effectiveness in moisture preservation, skin aging prevention, and skin-surface pain alleviation.

-Phospholipid Polo is a retranslated American version of English traditionalism and is persistently loved as traditional/casual wear around the world. It is a world famous brand among consumers who are bored with trends.

Detailed Products Spec.

Consumer goods

-The Perfect Match of Soju and Green Tea a new version of soju with green tea added to subtly enhance soju's unique flavor. Green tea leaves from the beautiful ridges of Mt. Hanra and Mt. Jiri give the inherent flavor of Soju the refreshing taste of green tea.

-Representing the WHOPPER-Burger King

The Whopper is the true king of all hamburgers using select materials including a large patty (100% pure beef), twice as wide as a normal hamburger patty, fresh vegetables like lettuce, tomatoes, onions and pickles and specially flavored ketchup and mayonnaise.

-KFC's Peculiar Cooking Method-Original Chicken This delicious chicken is cooked in a dedicated compression cooker using 11 kinds of secret spices through a marinating process in which the spices are soaked into the inner part of the meat in order to enhance the taste and flavor of the chicken.

-Prestigious Brand - POLO by Ralph Lauren

Polo is a retranslated American version of English traditionalism and is persistently loved as traditional/casual wear around the world. It is a world famous brand among consumers who are bored with trends.

-ESPRIT

One of the world's most successful lifestyle brands "Esprit" was born in America in 1968 by a young couple, Susie and Doug Tompkins. Esprit's motto is an international youthful lifestyle brand offering smart, affordable luxury and bringing newness & style to life. In 2006, 'Esprit Women Casual' and 'EDC by Esprit' is introduced in Korea. Women Casual is easy to wear, mix & match style and EDC is young & highly fashion oriented.

-The Power of Reading the World- Reader's Digest Reader's Digest is currently the world largest culture magazine and sells over 25 million copies on a monthly basis. It is published in 19 languages with 48 international editions. Each gdedition of Reader's Digest is filled with hope and courage in life, common knowledge, hilarious humor, and interesting and touching stories.

-Fashion Bible - VOGUE KOREA Vogue is the most authoritative fashion magazine in the world. It contains a combination of utility, fun and high quality fashion and evokes the spirit of the generation. This magazine is the Fashion Bible and has demonstrated the power of style and has wielded an overwhelming influence for 100 years

-It's good to be a man ! - GQ KOREA GQ is a world-class men's magazine published in 10 countries including the U.S., U.K., Germany, Italy and Japan. GQ Korea boasts elaborate and in-depth coverage, stylish articles, traditions in the making of gentlemen, and comprehensive coverage of fashion trends.

 

 

Trade Partners & Competitors

 

Suppliers

SEOUL PAPER BOARD CO, LTD

292, MAESAN-RI, OPO-EUP, GWANGJU-SI, GYEONGGI-DO 464-893 KOREA

TEL:+82-31-766-1795  FAX:+82-31-766-2006

INDUSTRY: MANUFACTURE OF CORRUGATED CARDBOARD AND CARDBOARD BOXES

 

GS CALTEX CORPORATION

GS TOWER, 679, YEOKSAM 1-DONG, GANGNAM-GU, SEOUL 135-985 KOREA

TEL:+82-2-2005-1114  FAX:+82-2-2005-6051

INDUSTRY: PETROLEUM REFINERIES

 

SK CHEMICALS CO., LTD.

600, JEONGJA 1-DONG, JANGAN-GU, SUWON-SI, GYEONGGI-DO 440-745 KOREA

TEL:+82-31-245-3131  FAX:+82-31-247-2004

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

 

TCC STEEL

20F DONG-YANG TOWER BD 93 DANGSANDONG 4-GA YEONGDEUNGPO-GU SEOUL 150-722 KOREA

TEL:+82-2-2633-3311  FAX:+82-2-2676-7006

INDUSTRY: MANUFACTURE OF BASIC CUT PRODUCTS OF IRON OR STEEL TO NON-RECTANGULAR SHAPES

 

SAMCHULLY CO., LTD.

8F SAMCHULLY B/D, 35-6, YEOEUIDO-DONG, YEONGDEUNGPO-GU, SEOUL 150-885 KOREA

TEL:+82-2-368-3300  FAX:+82-2-378-3423

INDUSTRY: MANUFACTURE OF GAS, DISTRIBUTION OF GASEOUS FUEL THROUGH MAINS

 

KUNSUL CHEMICAL INDUSTRIAL CO., LTD.

197, GAYA 2-DONG, BUSANJIN-GU, BUSAN 614-802 KOREA

TEL:+82-51-892-4221  FAX:+82-51-892-5576

INDUSTRY: MANUFACTURE OF GENERAL PAINTS AND SIMILAR PRODUCTS

 

KOREA ETHANOL SUPPLIES COMPANY(110111-0134851)

1059-11, NAMHYEON-DONG, GWANAK-GU, SEOUL, KOREA

TEL:+82-2-780-6212  FAX:+82-2-784-0595

INDUSTRY: WHOLESALE OF ALCOHOLIC BEVERAGES

Customers

KOREA HYDRO & NUCLEAR POWER CO., LTD.(110111-2207127)

Competitors

JINRO LIMITED(110111-0028591)

BOHAE BREWERY CO., LTD.(201111-0000036)

KUMBOKJU CO., LTD.(170111-0006165)

MUHAK CO., LTD.(190111-0002721)

 

SAMKWANG GLASS IND CO., LTD.(110111-0079817)

HANIL CAN COMPANY(184511-0000543)

HYOSUNG TNC

PULMUONE

CJ CORPORAION

DONGWON F&B

 

 

Related Parties

(Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates

ORICOM INC(110111-0176986)

DOOSANBEARS INC(110111-0346919)

SRS KOREA CO., LTD.(110111-3139733)

SAMHWA CROWN & CLOSURE CO., LTD(134111-0003462)

DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD.(194211-0000943)

DOOSAN INFRACORE CO., LTD.(120111-0234469)

DOOSAN ENGINE CO., LTD(194211-0038423)

DOOSAN MECATEC., LTD.(110111-0126022)

DOOSAN CONSTRUCTION CO., LTD. (134511-0088135)

SAEJAE DEVELOPMENT CO.LTD(110111-1074048)

NEO TRANS CO., LTD.(131111-0141801)

GLOBAL LOGISTICS CO., LTD.(110111-1235749)

DOOSAN MOTORS CORP.(110111-3008293)

DONG HYUN ENGINEERING CO.,LTD.(110111-0508329)

NEOPLUX CO., LTD.(110111-1927841)

N.SHAPER(110111-1943574)

YONHAP CAPITAL CO.,LTD.(110111-1220336)

REXCON CO., LTD.(110111-3586273)

DOOSAN CUVEX CO., LTD.(140111-0032570)

Overseas Office

GLONET BUSINESS UNIT

 

LOS ANGELES

DOOSAN AMERICA CORP,

WILSHIRE FINANCIAL TOWER, 3600 WHISHIRE BLVD, SUITE 836, LOSANGELES, CA90010, U.S.A.

TEL:+1-213-738-7900~4 FAX:+1-213-738-7916

 

LOS ANGELES LIAISON OFFICE

WILSHIRE FINANCIAL TOWER, 3600 WHISHIRE BLVD, SUITE 836 LOSANGELES, CA90010, U.S.A.

TEL:+1-213-738-7900~4 FAX:+1-213-738-7916

 

TOKYO

DOOSAN JAPAN CO., LTD.

NO.11, MORI BLDG. 6F 2-6-4, TORANOMON, MINATO-KU, TOKYO 105, JAPAN

TEL:+81-3-3508-2125 FAX:+81-3-3508-2128

 

HONG KONG

DOOSAN HONG KONG CO., LTD.

SUITE 3001, TOWER2, GATEWAY TOWER, 25 CANTON ROAD, TSIMSHATSUI, KOWLOON, HONG KONG, CHINA

TEL:+ 852-2815-2238 FAX:+852-2815-0016

Overseas Office

LIQUOR BUSINESS GROUP

 

BEIJING

DOOSAN BAEKWHA FOOD & BEVERAGE CO., LTD.

B1/F, TOWER A,COFCO PLAZA NO.8, JIANGUOMENNEI DAJIE,

TEL :+86-10-6526-0599 FAX :+86-10-6526-0577

Overseas Office

ELECTRO-MATERIALS BUSINESS GROUP

 

SINGAPORE

DOOSAN CORPORATION ELECTRO - MATERIALS SINGAPORE PTE LTD.

NO.10. TOH GUAN ROAD#04 - 01B TT INTERNATIONAL TRADEPARK SINGAPORE 608838

TEL:+65-852-6327 FAX :+65-862-6329

 

TOKYO

TOKYO LIAISON OFFICE 6F

NO.11 MORI BLDG, 2-6-4, TORANOMON, MINATO-KU, TOKYO 105, JAPAN

TEL:+81-3-3508-2260 FAX:+81-3-3508-2128

 

SHANGHAI

SANGHAI BRANCH OFFICE

RM 401, NEW TOWN MANSION, 55 LOUSHANGUAN ROAD., SHANGHAI, CHINA

TEL : 86-21-6275-4429 FAX : 86-2-6275-9974

 

NEW JERSEY

U.S.A BRANCH OFFICE

600 SYLVAN AVENU FIRST FLOOR EAST. ENGLEWOOD CLIFF, NEW JERSY 07632 U.S.A.

TEL :+1-201-503-9120 FAX :+1-201-503-1314

 

HONG KONG

DOOSAN CORPORATION ELECTRO-MATERIALS(H.K.) LTD.

SUITE 712, OCEAN CENTRE 5 CANTON ROAD, TSIM SHA TSUI, KOWLOON HONG KONG, CHINA

TEL:+852-2317-0163 FAX :+852-2317-0236

 

DUSSELDORF

GERMAN BRANCH OFFICE

DOOSAN CORPORATION ELECTRO-METALS BG

MERGENTHALER ALEE23 D-65760 ESCHBORN, GERMANY

TEL:+49-61-96-481576 FAX :+49-61-96-481830

Liaison Office

LOS ANGELES LIAISON OFFICE

WILSHIRE FINANCIAL TOWER, 3600, WHISHIRE BLVD, SUITE 836, LOSANGELES, CA90010, U.S.A.

TEL:+1-213-738-7900~4 FAX:+1-213-738-7916

 

SANGHAI BRANCH OFFICE

RM 401, NEW TOWN MANSION, 55 LOUSHANGUAN ROAD., SHANGHAI, CHINA

TEL:+86-21-6275-4429 FAX:+86-2-6275-9974

 

U.S.A BRANCH OFFICE

600 SYLVAN AVENU FIRST FLOOR EAST. ENGLEWOOD CLIFF, NEW JERSY 07632 U.S.A.

TEL:+1-201-503-9120 FAX:+1-201-503-1314

 

GERMAN BRANCH OFFICE

DOOSAN CORPORATION ELECTRO – METALS BG MERGENTHALER ALEE23 D-65760, ESCHBORN, GERMANY

TEL:+49-61-96-481576 FAX:+49-61-96-481830

Subsidiary

DOOSAN TOWER CO., LTD.

14TH FL. DOOSAN TOWER BLDG. 18-12 ULCHI-RO 6 KA CHUNG-KU SEOUL 100-196 KOREA

TEL:+82-2-3398-3016  FAX:+82-2-3398-3028

INDUSTRY: RENTING OF NON-RESIDENTIAL BUILDINGS

 

DOOSAN PROFESSIONAL BASEBALL CLUB OB BEARS

IN JAMSIL- BASEBALL GROUND, 10, JAMSIL 1-DONG, SONGPA-GU, SEOUL 138-221 KOREA

TEL:+82-2-2240-1777  FAX:+82-2-2240-1788

INDUSTRY: SPORTS TEAMS AND CLUBS

 

NEOPLUX CAPITAL CO., LTD.

15TH FL., DOOSAN TOWER BLDG., 18-12, EULJIRO 6-GA, JUNG-GU, SEOUL 100-730 KOREA

TEL:+82-2-3398-1070  FAX:+82-2-3398-1071

INDUSTRY: OTHER INVESTMENT COMPANIES

 

ORICOM INC.

7 FL. DOOSAN BLDG., 105-7, NONHYEON 2-DONG, GANGNAM-GU, SEOUL 135-714 KOREA

TEL:+82-2-510-4059  FAX:+82-2-542-3966

INDUSTRY: MEDIA ADVERTISING AGENCIES

 

DOOSAN CORPORATION ELECTRO – MATERIALS SINGAPORE PTE LTD.

NO.10. TOH GUAN ROAD#04 - 01B TT INTERNATIONAL TRADEPARK SINGAPORE 608838

TEL:+65-852-6327 FAX:+65-862-6329

 

DOOSAN CORPORATION ELECTRO - MATERIALS(H.K.) LTD.

SUITE 712, OCEAN CENTRE 5 CANTON ROAD, TSIM SHA TSUI, KOWLOON HONG KONG, CHINA

TEL:+852-2317-0163 FAX:+852-2317-0236

 

DOOSAN AMERICA CORP.

WILSHIRE FINANCIAL TOWER, 3600, WHISHIRE BLVD, SUITE 836, LOSANGELES, CA90010, U.S.A.

TEL:+1-213-738-7900~4 FAX:+1-213-738-7916

 

DOOSAN HONG KONG CO., LTD.

SUITE 3001, TOWER2, GATEWAY TOWER, 25 CANTON ROAD, TSIMSHATSUI, KOWLOON, HONG KONG, CHINA

TEL:+852-2815-2238 FAX:+852-2815-0016

 

DOOSAN JAPAN CO., LTD.

NO.11, MORI BLDG. 6F 2-6-4, TORANOMON, MINATO-KU, TOKYO 105, JAPAN

TEL:+81-3-3508-2125 FAX:+81-3-3508-2128

Cooperative Enterprise

POLO/LAUREN COMPANY. L.P

GUESS. INC.

ESPRIT MACAU COMMERCIAL OFFSHORE LIMITED

TOYO GLASS CO., LTD.-JAPAN

NHN CORPORATION

JAPAN ECC

 

 

Sales by Region

(Activity & Markets)

 

Not Available.

 


Court Action

 

Case No.

Court

Plaintiff(s)/ Creditor(s)/ Applicant(s)

Defendant(s)/ Debtor(s)/ Respondent(s)

Cause

Amount (KRW)

Status

 

Supreme Court

The Subject

LOTTE LIQUOR BG CO.,LTD.(110111-4022375)

Claim for Compensation from Damages

5,356

3rd round is proceeding.

 

 

News Clipping

 

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FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.16

UK Pound

1

Rs.72.10

Euro

1

Rs.63.10

 

 

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

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

----

NB

New Business

----

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.