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MIRA INFORM REPORT
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Report Date : |
16.08.2011 |
IDENTIFICATION DETAILS
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Name : |
INBO CORPORATION |
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Registered Office : |
730-11, Jegi-dong, Dongdaemun-gu, Seoul, Korea, Zip Code 130-060 |
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Country : |
South Korea |
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Date of Incorporation : |
25.06.2007 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesales of Pharmaceutical Chemicals, Agricultural Products, Food and Machinery |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment
Behaviour : |
Usually Correct |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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South Korea |
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 |
INBO CORPORATION (Korean Company Name : “인보제약(주)”) |
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Registered Address |
730-11, Jegi-dong,
Dongdaemun-gu, Seoul, Korea |
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Zip Code |
130-060 |
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Tel |
+82-2-969-9835 |
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Fax |
+82-2-969-9836 |
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E-mail |
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Trading Address |
730-11, Jegi-dong,
Dongdaemun-gu, Seoul, Korea |
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Tel |
+82-2-969-9835 |
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Fax |
+82-2-969-9836 |
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Type |
Export/Import |
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Industry |
Wholesales of Pharmaceutical Chemicals,
Agricultural Products, Food and Machinery |
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Main Business |
Licorice, Cinnamon, Apricot Kernel,
Ephedrae, Amomi Semen, Zizyphi Semen, Longan, Platycodon Roots, Saflower
Seed, Olive Seed, Betel Nuts, Apricots, Nutmeg, Kernels |
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Established (mm/dd/yyyy) |
06/25/2007 |
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Nuts or dried fruits(50192110) |
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Sell |
Chemicals including Bio Chemicals and Gas
Materials(12000000) |
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Sell |
Food or drug additives(12164500) |
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Name |
Jin Hyun-Duk |
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Address |
46-6, Sanggeo-ri,
Yeoju-eup, Yeoju-gun, Gyeonggi-do, Korea |
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Date of Birth |
01/05/1956 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
50,000,000 |
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Employees |
N/A(We guess it is
less than 5.) |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-3704693 |
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Business Registered No. |
N/A. (The numbers are kept by the National
Tax Service confidentially.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
06/25/2007 Incorporated as the present name 08/28/2007 Moved to the present HQ address
from 940, Jegi-dong, Dongdaemun-gu,
Seoul, Korea |
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Representative Director |
Mr. |
Jin Hyun-Duk |
Male |
Korean |
06/25/2007 |
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Auditor |
Mr. |
Lee Soon-Yeol |
Male |
Korean |
03/22/2010 |
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) |
200,000,000 |
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Paid-Up Capital(KRW) |
50,000,000 |
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Total Issues Shares |
10,000 |
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Main Products & Services |
Licorice, Cinnamon, Apricot Kernel,
Ephedrae, Amomi Semen, Zizyphi Semen, Longan, Platycodon Roots, Saflower
Seed, Olive Seed, Betel Nuts, Apricots, Nutmeg, Kernels |
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Competitors |
CHUNHO FOOD CO., LTD. 5TH FL., CHUNHO BLDG., 799-23, YEOKSAM
1-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-565-0565 FAX:+82-2-565-3513 YUGINONGSAN CO., LTD. 47-14, GARAKBON-DONG, SONGPA-GU, SEOUL,
KOREA TEL:+82-2-3426-6204 FAX:+82-2-402-0660 GOLDEN BELL INTERNATIONAL CO., LTD. RM. 202, SEONGSAN BLDG., 33-3, OGEUM-DONG,
SONGPA-GU, SEOUL, KOREA TEL:+82-2-401-1295 FAX:+82-2-401-1296 |
(Activity & Markets)
The Subject deals
with the countries in Asia and South America.
Not Available.
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.37 |
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UK Pound |
1 |
Rs.73.53 |
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Euro |
1 |
Rs.64.37 |
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.