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Report Date : |
14.07.2011 |
IDENTIFICATION DETAILS
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Name : |
CONQUEST LIMITED |
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Registered Office : |
11-9, Sincheon-dong, Songpa-gu |
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Country : |
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Date of Incorporation : |
04.01.1994 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Weaving of Man-Made Fiber Fabrics |
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 – March 31st, 2010
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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 |
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Company
Name |
CONQUEST LIMITED (Korean Company Name
: “컨케스트리미티드”) |
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Registered Address |
11-9, Sincheon-dong, Songpa-gu, |
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Building |
Rm. 904, Hansin Core Officetel |
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Zip Code |
138-733 |
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Tel |
+82-2-423-8450 |
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Fax |
+82-2-423-8435 |
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E-mail |
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Trading Address |
Rm. 904, Hansin Core Officetel, 11-9,
Sincheon-dong, Songpa-gu, |
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Tel |
+82-2-423-8450 |
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Fax |
+82-2-423-8435 |
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Type |
Export |
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Industry |
Weaving of Man-Made Fiber Fabrics |
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Main Business |
Nylon Fabrics, Polyester Fabrics |
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Established (mm/dd/yyyy) |
01/04/1994 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Fabrics and leather materials(11160000) |
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Name |
Chung Woong-Hyo |
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Address |
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Date of Birth |
12/15/1961 |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
2 |
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Formation |
Sole Proprietorship |
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Bank Details |
Kookmin Bank-Jamsil Branch |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
215-06-97749 |
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Permit & Licenses |
Int’l Trade No.: 11138400 |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
01/04/1994 Established as the present name |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Chung Woong-Hyo |
Male |
Korean |
01/04/1994 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
2004 |
2,200,000,000 |
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2003 |
2,300,000,000 |
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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) |
Not Applicable to the Sole Proprietorship |
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Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Total Issues Shares |
Not Applicable to the Sole Proprietorship |
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Main Products & Services |
Nylon Fabrics, Polyester Fabrics |
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Competitors |
DO BEST CO., LTD. 105-112, GONGDEOK-DONG, MAPO-GU, TEL:+82-2-3271-3800 FAX:+82-2-3271-3899 DREAM SEEKERS INC. RM. 2410, MASTERS TOWER BLDG., 553,
DOHWA-DONG, MAPO-GU, TEL:+82-2-3275-5111~2 FAX:+82-2-3275-5113 HANWOO CORPORATION 4TH FL., 322-21, HAENGDANG 2-DONG,
SEONGDONG-GU, TEL:+82-2-2299-9100~8 FAX:+82-2-2299-9109 |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.59 |
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|
1 |
Rs.71.07 |
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Euro |
1 |
Rs.62.40 |
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 |
-- |
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.