MIRA INFORM REPORT
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Report Date : |
23.02.2011 |
IDENTIFICATION DETAILS
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Name : |
AQUA LINK CO., LTD. |
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Registered Office : |
894-4, Daechi 4-dong, Gangnam-gu, |
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Country : |
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Date of Incorporation : |
27.10.2003 |
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Com. Reg. No.: |
214-87-43443 |
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Legal Form : |
Co., Ltd by shares |
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Line of Business : |
Wholesaler of Fishes, Agricultural Products |
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 : |
Moderate |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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 |
Basic
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Company
Name |
AQUA LINK CO.,
LTD. (Korean Company
Name : “(주)아쿠아링크”) |
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Registered Address |
894-4, Daechi 4-dong, Gangnam-gu, |
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Building |
5th Fl., Techno Bank |
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Zip Code |
135-840 |
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Tel |
+82-2-3472-4400 |
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Fax |
+82-2-3472-2772 |
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E-mail |
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Website |
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Trading Address |
5th Fl., Techno Bank Korea Bldg., 894-4,
Daechi 4-dong, Gangnam-gu, |
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Tel |
+82-2-3472-4400 |
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Fax |
+82-2-3472-2772 |
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Type |
Export/Import |
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Industry |
Wholesale of Fishes, Agricultural Products |
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Main Business |
Shrimp, Squid, Crab |
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Sub
Business |
Warehousing |
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Established (mm/dd/yyyy) |
10/27/2003 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Frozen shellfish(50121612) |
CEO’s
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Name |
Paik Yang-Gee (Mobile : +82- 11-223-8502) |
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Address |
Rm.1802, 87, Samseong-dong, Gangnam-gu, |
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Date of Birth |
02/05/1951 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
400,000,000 |
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Employees |
9 |
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Formation |
Co., Ltd by shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-2884131 |
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Business Registered No. |
214-87-43443 |
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Permit & Licenses |
Int’l Trade No.: 45354362 |
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Shareholder Position |
N/A |
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Company History |
10/27/2003 Incorporated as the present name 06/15/2005 Moved to the present HQ address
from 1486-5, Seocho-dong, Seocho-gu, 10/26/2006 Increased capital to 200,000,000 KRW from 100,000,000 KRW 11/01/2007 Increased capital to 300,000,000 KRW from 200,000,000 KRW 11/27/2007 Increased capital to 400,000,000 KRW from 300,000,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Paik Yang-Gee |
Male |
Korean |
10/27/2003 |
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Director |
Mr. |
Moon Jae-Hwa |
Male |
Korean |
03/17/2009 |
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Auditor |
M/S. |
Bae Julie Eun-Young |
Female |
Australian |
03/17/2009 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2008 |
7,710,000,000 |
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2007 |
5,916,000,000 |
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2006 |
4,478,000,000 |
1,368,000,000 |
49,000,000 |
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2005 |
3,963,000,000 |
1,211,000,000 |
35,000,000 |
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2004 |
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2003 |
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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
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Authorized Capital(KRW) |
400,000,000 |
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Paid-Up Capital(KRW) |
400,000,000 |
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Total Issues Shares |
80,000 |
Products, Technologies, Services Description
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Main Products & Services |
Shrimp, Squid, Crab |
Trade Partners & Competitors
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Competitors |
BLUE-IS INC. 5TH FL., DURUMI BLDG., 75-19, GUUI 2-DONG,
GWANGJIN-GU, TEL:+82-2-419-7557 FAX:+82-2-419-9736 GREEN WORLD CO., LTD 10TH FL., DONGBANG BLDG., 25-4, JUNGANGDONG
4-GA, JUNG-GU, TEL:+82-51-464-9494 FAX:+82-51-441-3791 CNK TRADING CO., LTD. RM. 1904, TEL:+82-2-2055-2010 FAX:+82-2-2055-2060 |
Sales by Region
(Activity & Markets)
The Subject imports
from
Court Action
Not Available.
News Clipping
---
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.20 |
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|
1 |
Rs.73.07 |
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Euro |
1 |
Rs.61.41 |
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 |
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.