MIRA INFORM REPORT
|
Report Date : |
22.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
HM TRADING CORP. |
|
|
|
|
Registered Office : |
377-1, Sindaebang 2-dong, Dongjak-gu, Seoul, Korea, Rm. 306, Daebang Bldg., Zip Code 156-848 |
|
|
|
|
Country : |
South korea |
|
|
|
|
Date of Incorporation : |
01.07.2010 |
|
|
|
|
Com. Reg. No.: |
Not Available |
|
|
|
|
Legal Form : |
Co., Ltd by Shares |
|
|
|
|
Line of Business : |
Wholesale of Paper Products |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Small Company |
|
|
|
|
Payment
Behaviour : |
Unknown |
|
|
|
|
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
|
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 |
Basic
|
Company Name |
HM TRADING CORP. (Korean Company
Name : “(주)에치엠트레이딩”) |
|
Registered Address |
377-1, Sindaebang 2-dong, Dongjak-gu,
Seoul, Korea |
|
Building |
Rm. 306, Daebang Bldg. |
|
Zip Code |
156-848 |
|
Tel |
+82-2-3280-9750~1 |
|
Fax |
+82-2-3280-9752 |
|
Trading Address |
Rm. 306, Daebang Bldg., 377-1, Sindaebang
2-dong, Dongjak-gu, Seoul, Korea |
|
Tel |
+82-2-3280-9750~1 |
|
Fax |
+82-2-3280-9752 |
|
Type |
Export/Import |
|
Industry |
Wholesale of Paper Products |
|
Main Business |
Printing Paper, Medium Paper |
|
Established (mm/dd/yyyy) |
07/01/2010 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Cardboard(14121503) |
|
Sell |
Art or craft paper(14111606) |
CEO’s
|
Name |
Park Ha-Myung |
|
Address |
Suite 101-908, 509, Daebang-dong,
Dongjak-gu, Seoul, Korea |
|
Date of Birth |
03/20/1967 |
|
Title |
Representative Director |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
50,000,000 |
|
Employees |
2 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
Industrial Bank of Korea-Doksan Dong Branch |
|
Corporate Registered No. |
110111-4384618 |
|
Business Registered No. |
108-81-*****(The full numbers are kept by
the National Tax Service confidentially.) |
|
Permit & Licenses |
Int’l Trade No.: 45296950 |
|
Shareholder Position |
N/A |
|
Company History |
01/02/2007
Established as HM TRADING CORP.(Sole Proprietorship, Biz
Reg. : 108-14-83506), and it has been closed as of 12/11/2010. 07/01/2010 Incorporated as the present name |
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Representative Director |
Mr. |
Park Ha-Myung |
Male |
Korean |
07/01/2010 |
|
Auditor |
M/S. |
Park Sung-Ja |
Female |
Korean |
07/01/2010 |
Financials
The financials are
not available, and the Subject Company does not have any obligations to release
its financials to the public.
Financial Description
|
Authorized Capital(KRW) |
200,000,000 |
|
Paid-Up Capital(KRW) |
50,000,000 |
|
Total Issues Shares |
10,000 |
Products, Technologies, Services Description
|
Main Products & Services |
Printing Paper, Medium Paper |
Trade Partners & Competitors
|
Competitors |
KYUNGSAN PAPER CO., LTD. 161, GEUM-RI, YUGA-MYEON, DALSEONG-GUN,
DAEGU, KOREA TEL:+82-53-615-6285~90 FAX:+82-53-615-6292 TRA-ZONE CO., LTD. RM. 202, GEUMSEONG BLDG., 827-4, YEOKSAM
1-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-554-4939 FAX:+82-2-554-4937 AHRIM CORPORATION RM. 909, MILLIANA 1-CHA OFFICETEL, 99-1,
GARAKBON-DONG, SONGPA-GU, SEOUL, KOREA TEL:+82-2-443-2595 FAX:+82-2-449-2403 |
Sales by Region
(Activity & Markets)
The Subject exports
to Bangladesh, Iran, Malaysia and Philippines.
Court Action
Not Available.
News Clipping
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.61 |
|
UK Pound |
1 |
Rs.75.32 |
|
Euro |
1 |
Rs.65.68 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.