MIRA INFORM REPORT
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Report Date : |
25.07.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
HI-TOP TEXLAND CO., LTD. |
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Registered Office : |
371-50, Gasan-dong, Geumcheon-gu, Seoul, Korea, Rm.415, Ace Hiend Tower 3-cha, Zip Code 153-803 |
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Country : |
South korea |
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Date of Incorporation : |
11.08.2005 |
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Com. Reg. No.: |
119-81-82848 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Polyester Fabrics Processing |
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 : |
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, 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 |
Basic
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Company Name |
HI-TOP TEXLAND
CO., LTD. (Korean Company
Name : “(주)하이탑텍스랜드”) |
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Registered Address |
371-50, Gasan-dong, Geumcheon-gu, Seoul,
Korea |
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Building |
Rm.415, Ace Hiend Tower 3-cha |
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Zip Code |
153-803 |
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Tel |
+82-2-3775-0288 |
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Fax |
+82-2-3775-0287 |
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E-mail |
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Website |
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Trading Address |
Rm. 1204, Namsung Plaza(Ace 9-cha),
345-30, Gasan-dong, Geumcheon-gu, Seoul, Korea |
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Tel |
+82-2-3775-0288 |
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Fax |
+82-2-3775-0287 |
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Type |
Export |
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Industry |
Other Dyeing and Finishing Textiles |
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Main
Business |
Polyester Fabrics Processing |
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Sub
Business |
Metal Scrap, Metal Byproducts |
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Established (mm/dd/yyyy) |
08/11/2005 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Fabrics and leather materials(11160000) |
CEO’s
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Name |
Cha Geun-Jun |
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Address |
Suite 127-601, 901, Mok-dong,
Yangcheon-gu, Seoul, Korea |
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Date of Birth |
03/05/1963 |
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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) |
200,000,000 |
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Employees |
8 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-3286584 |
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Business Registered No. |
119-81-82848 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
08/11/2005 Incorporated as the present name 05/30/2011 Moved to the present HQ address
from Rm.
1204, Namsung Plaza(Ace 9-cha), 345-30, Gasan-dong, Geumcheon-gu, Seoul,
Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Cha Geun-Jun |
Male |
Korean |
04/24/2009 |
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Director |
M/S. |
Jung Soo-Nyeon |
Female |
Korean |
02/28/2011 |
Financials
The 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) |
200,000,000 |
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Paid-Up Capital(KRW) |
50,000,000 |
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Total Issues Shares |
10,000 |
Trade Partners & Competitors
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Competitors |
DO BEST CO., LTD. 105-112, GONGDEOK-DONG, MAPO-GU, SEOUL,
KOREA TEL:+82-2-3271-3800 FAX:+82-2-3271-3899 DREAM SEEKERS INC. RM. 2410, MASTERS TOWER BLDG., 553,
DOHWA-DONG, MAPO-GU, SEOUL, KOREA TEL:+82-2-3275-5111~2 FAX:+82-2-3275-5113 HANWOO CORPORATION 4TH FL., 322-21, HAENGDANG 2-DONG,
SEONGDONG-GU, SEOUL, KOREA TEL:+82-2-2299-9100~8 FAX:+82-2-2299-9109 |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
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Overseas Office |
USA : 108W 39TH STREET, SUITE, # 601 NEW YORK, NY
10018 TEL:+82-1-212-268-4341 FAX:+1-212-268-4342 CHINA : SHANGHAI SUITE 102, NO.15,(AIJIAN YUAN) LANE 100,
TIANLIN EAST ROAD, SHANGHAI, (200235) CHINA TEL: +86-21-3425-0018 FAX: +86-21-6439-0174 CHINA : TIANJIN OFFICE ROOM 701 BAOGANG BUILDING NO.100 WEIDI ROAD
HEXI DISTRICT TIANJIN CHINA TEL:+86-22-2822-2407 FAX:+86-22-2822-2409 |
Sales by Region
(Activity & Markets)
The Subject exports
to Europe.
Court Action
Not Available.
News Clipping
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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.44.38 |
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UK Pound |
1 |
Rs.72.34 |
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Euro |
1 |
Rs.63.87 |
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.