MIRA INFORM
REPORT
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Report Date : |
30.06.2011 |
IDENTIFICATION DETAILS
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Name : |
MIRAE STEEL INTERNATIONAL COMPANY |
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Registered Office : |
81-10, Jungangdong 4-ga, Jung-gu, Busan, Korea, Rm. 302, Hosan Bldg., Zip Code 600-817 |
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Country : |
South Korea |
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Date of Incorporation : |
15.03.2006 |
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Com. Reg. No.: |
602-06-46629 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of Basic Metals |
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, 2011
|
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 |
MIRAE STEEL
INTERNATIONAL COMPANY (Korean Company
Name : “미래스틸인터내셔널”) |
|
Registered Address |
81-10, Jungangdong 4-ga, Jung-gu, Busan,
Korea |
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Building |
Rm. 302, Hosan Bldg. |
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Zip Code |
600-817 |
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Tel |
+ 82-51-442-2081 |
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Fax |
+82-51- 466-9311 |
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Trading Address |
Rm. 302, Hosan Bldg., 81-10, Jungangdong
4-ga, Jung-gu, Busan, Korea |
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Tel |
+ 82-51-442-2081 |
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Fax |
+82-51- 466-9311 |
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Type |
Export |
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Industry |
Wholesale of Basic Metals |
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Main Business |
Steel Plate, Steel Bars, Steel Tubs, Carbon, Stainless, Aluninum |
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Established (mm/dd/yyyy) |
03/15/2006 |
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 |
Steel bars(30101604) |
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Sell |
Steel beams(30101704) |
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Sell |
Steel(11101704) |
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Sell |
Steel plate(30102204) |
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Sell |
Pipe(40142100) |
CEO’s
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Name |
Kim Yong-Han |
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Date of Birth |
09/11/1971 |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
1 |
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Formation |
Sole Proprietorship |
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Bank Details |
Shinhan Bank-Shinpyung Dong Branch |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
602-06-46629 |
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Permit & Licenses |
Int’l Trade No.: 37000417 |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
03/15/2006 Established as the present name 04/12/2011 The Subject has been closed
according to the National Tax services |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
Mr. |
Kim Yong-Han |
Male |
Korean |
03/15/2006 |
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) |
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 |
Products, Technologies, Services Description
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Main Products & Services |
Steel Plate, Steel Bars, Steel Tubs |
Trade Partners & Competitors
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Competitors |
BUSAN STEEL CO., LTD. 720-4, HAKJANG-DONG, SASANG-GU, BUSAN,
KOREA TEL:+82-51-325-1131~4 FAX:+82-51-324-6440 DEOGWON STEEL CO., LTD. 507-5, BANJEONG-DONG, HWASEONG-SI,
GYEONGGI-DO, KOREA TEL:+82-31-223-7708 FAX:+82-31-223-0977 WELLSTEEL CO., LTD. 1752-1, SONGJEONG-DONG, GANGSEO-GU, BUSAN,
KOREA TEL:+82-51-831-7330 FAX:+82-51-831-7329 |
Sales by Region
(Activity & Markets)
The Subject exports
to Middle East and South East Asia.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.94 |
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UK Pound |
1 |
Rs.71.91 |
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Euro |
1 |
Rs.64.60 |
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.