MIRA INFORM REPORT

 

 

Report Date :           

27.08.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

MDXK INC.

 

 

Registered Office :

333-16, Yangjae 2-dong, Seocho-gu, Seoul, Korea, 4th Fl., Songsang Bldg., Zip Code 137-897

 

 

Country :

South Korea

 

 

Date of Incorporation :

04.04.2007

 

 

Com. Reg. No.:

214-88-06412

 

 

Legal Form :

Co., Ltd by Shares

 

 

Line of Business :

Research and Experimental Development on Other Engineering

 

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 :

----

 

 

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

MDXK INC.

(English Company Name : MOLECULAR DIAGNOSTICS KOREA INC.)

(Korean Company Name : “()엠디엑스케이”)

Registered Address

333-16, Yangjae 2-dong, Seocho-gu, Seoul, Korea

Building

4th Fl., Songsang Bldg.

Zip Code

137-897

Tel

+82-2-578-8848

Fax

+82-2-578-8838

E-mail

info@mdxk.co.kr

Website

www.mdxk.co.kr

Trading Address

4th Fl., Songsang Bldg., 333-16, Yangjae 2-dong, Seocho-gu, Seoul, Korea

Tel

+82-2-578-8848

Fax

+82-2-578-8838

Type

Export/Import

Industry

Research and Experimental Development on Other Engineering

  Main Business

PCK Boost, Pipette, Computer

Established (mm/dd/yyyy)

04/04/2007

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Application service providers(81112106)

Sell

Systems integration design(81111503)

Sell

Software or hardware engineering(81111500)

Sell

Business function specific software(43231500)

Sell

Computer servers(43211501)

Sell

Chemistry reagents or solutions(41116105)

Sell

Chemicals including Bio Chemicals and Gas Materials(12000000)

 

 

CEO’s

 

Name

Sim Sung-Bo

Address

Suite 103-302, 96, Jukjeon-dong, Suji-gu, Yongin-si, Gyeonggi-do, Korea

Date of Birth

06/09/1969

Title

President & CEO

Sex

Male

Nationality

Korean

 


Profiles

 

Capital (KRW)

200,000,000

Employees

4

Formation

Co., Ltd by Shares

Bank Details

N/A

Corporate Registered No.

110111-3652818

Business Registered No.

214-88-06412

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

04/04/2007 Incorporated as the present name

09/19/2007 Increased capital to 200,000,000 KRW from 50,000,000 KRW

03/05/2010 Moved to the present HQ address from 340-1, Yangjae-dong, Seocho-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Sim Sung-Bo

Male

Korean

03/05/2010

Director

Mr.

Lee Jung-Woo

Male

Korean

03/05/2010

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2010

 

 

 

2009

1,450,000,000

 

 

2008

 

 

 

2007

 

 

 

 

The latest & full 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)

200,000,000

Total Issues Shares

40,000

 

Products, Technologies, Services Description

 

Main Products & Services

Sample Storage

Protein Crystallography

Lab Automation

Molecular Biology

Lab Equipment

 

 

Trade Partners & Competitors

 

Suppliers

AUSHON BIOSYSTEMS

AXYGEN BIOSCIENCES

BIOMATRICA

BIOMICROLAB

CELLFREE SCIENCES

DIGILAB GENOMIC SOLUTIONS

EMERALD BIOSYSTEMS

KYODO INTERNATIONAL

HALO GENOMICS(SWEDEN)

Competitors

JMC CORPORATION

125, HWASAN-RI, ONSAN-EUP, ULJU-GUN, ULSAN, KOREA

TEL:+82-52-231-5741  FAX:+82-52-238-9210

 

KOC CO., LTD.

749-4, HWASAN-RI, ONSAN-EUP, ULJU-GUN, ULSAN, KOREA

TEL:+82-52-238-5885  FAX:+82-52-238-5886

 

KWANGJIN CHEMICAL CO., LTD.

1DA-306, SIHWA INDUSTRIAL COMPLEX, 1245-5, JEONGWANG 3-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-498-4555  FAX:+82-31-498-4557

 

 

Sales by Region

(Activity & Markets)

 

The Subject deals with the companies in Europe, Japan and USA.

 

 

Court Action

 

Not Available.

 

News Clipping

 

---

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.05

UK Pound

1

Rs.75.20

Euro

1

Rs.66.48

 

 

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%)

 

 

 

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