MIRA INFORM REPORT
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Report Date : |
30.06.2011 |
IDENTIFICATION DETAILS
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Name : |
SUN INC CO., LTD. |
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Registered Office : |
4-14, Ogeum-dong,
Songpa-gu, Seoul, Korea, 5FL., Sewoo Bldg., Zip Code 138-855 |
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Country : |
South Korea |
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Date of Incorporation : |
09.08.2010 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture of Shirts and Outer Garments |
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 : |
No Complaints |
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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 |
SUN INC CO., LTD. (Korean Company Name : “(주)썬아이엔씨”) |
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Registered Address |
4-14, Ogeum-dong,
Songpa-gu, Seoul, Korea |
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Building |
5FL., Sewoo Bldg. |
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Zip Code |
138-855 |
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Tel |
+82-2-400-3040 |
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Fax |
+82-2-400-3041 |
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E-mail |
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Trading Address |
5FL., Sewoo Bldg., 4-14, Ogeum-dong, Songpa-gu, Seoul, Korea |
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Tel |
+82-2-400-3040 |
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Fax |
+82-2-400-3041 |
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Type |
Export/Import |
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Industry |
Manufacture of Shirts and Outer Garments |
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Main Business |
Clothing, Shirts for Men |
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Sub
Business |
Software Consulting Services |
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Established (mm/dd/yyyy) |
08/09/2010 |
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 |
Clothing(53100000) |
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Sell |
Shirts and blouses(53101600) |
CEO’s
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Name |
Park Jung-Kyu |
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Address |
Suite 602, 104, Cheongdam-dong,
Gangnam-gu, Seoul, Korea |
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Date of Birth |
02/23/1952 |
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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) |
500,000,000 |
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Employees |
50 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-4409838 |
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Business Registered No. |
215-87-43*** (The full numbers are kept by
the National Tax Service confidentially.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
08/09/2010 Incorporated as the present name 08/10/2010 Moved to the present HQ address
from 302-6, Doksan-dong, Geumcheon-gu, Seoul, Korea 05/16/2011 Moved to the present HQ address from 4FL., 16-18, Garak-dong, Songpa-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. |
Park Jung-Kyu |
Male |
Korean |
08/09/2010 |
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Director |
Mr. |
Cho Hyun-Koo |
Male |
Korean |
08/09/2010 |
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Director |
Mr. |
Lee Chang-Hyun |
Male |
Korean |
08/09/2010 |
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Auditor |
Mr. |
Ji Won-Gerl |
Male |
Korean |
08/09/2010 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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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) |
2,000,000,000 |
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Paid-Up Capital(KRW) |
500,000,000 |
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Total Issues Shares |
100,000 |
Products, Technologies, Services Description
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Main Products & Services |
Shirts Brand Name : Pacorabanne |
Trade Partners & Competitors
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Customers |
The Subject sells through major department
Stores including Lotte and Hyundai Department Store. |
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Competitors |
BABA FASHION CO., LTD. 6TH FL., CHEONG-GU BLDG., 517-5,
SINSA-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-512-6341 FAX:+82-2-512-3033 WOOJIN FASHION BIZ, INC. 216-1, SANGHA-DONG, GIHEUNG-GU, YONGIN-SI,
GYEONGGI-DO, KOREA TEL:+82-31-281-2260 FAX:+82-31-281-2261 BILTMORE CO., LTD. 8TH FL., HYUNDAI TOPICS, 44-3, BANGI
2-DONG, SONGPA-GU, SEOUL, KOREA TEL:+82-2-420-7136 FAX:+82-2-422-7500 |
Sales by Region
(Activity & Markets)
Not Available.
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.44.94 |
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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.