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MIRA INFORM REPORT
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Report Date : |
02.03.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
Y&B CORP. |
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Registered Office : |
321-82, Seongsu-dong 2-ga, Seongdong-gu, |
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Country : |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesales of Leather |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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 |
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Company
Name |
Y&B CORP. (Korean Company Name : “N/A”) |
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Registered Address |
321-82, Seongsu-dong 2-ga, Seongdong-gu, |
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Zip Code |
133-827 |
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Tel |
+82-2-488-1064 |
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Fax |
+82-2-462-9008 |
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Trading Address |
321-82, Seongsu-dong 2-ga, Seongdong-gu, |
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Tel |
+82-10-3763-3940(Mobile) |
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Fax |
+82-2-462-9008 |
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Type |
Export/Import |
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Industry |
Wholesales of Leather |
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Main Business |
Stock Leather, Scrap, stock shoe, Color Finished Cow Leather, Scrap
Cow from Shoe, Car Seat Scrap, Finished Cow, Goat and Cow Crust |
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Established (mm/dd/yyyy) |
N/A |
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Leathers(11162300) |
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Sell |
Synthetic or imitation leather(11162307) |
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Name |
N/A |
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Address |
N/A |
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Date of Birth |
N/A |
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Title |
Owner |
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Sex |
N/A |
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Nationality |
N/A |
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Capital (KRW) |
Not Applicable to the
Sole Proprietorship |
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Employees |
N/A |
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Formation |
Sole Proprietorship |
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Bank Details |
N/A |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
N/A. (The numbers are kept by the National Tax
Service confidentially.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
N/A |
The premises of
registered HQ address has been owned by Mr. Jung Young-Il(DOB : 01/20/1939)
since 04/14/1986.
In our research
through the official sources including the Supreme Court Registry at which
every Co Ltd type of Company should be registered, we could not find the
subject company under the subject company name. So we submit the report as a Sole Proprietorship
Type of Company as long as the subject company exists.
Because the
subject’s Business Registered No., for checking through the National tax
Service whether the subject is still existing or not, is not available, so we
cannot confirm if the subject exist or not legally.
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
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N/A |
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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.
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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 |
Stock Leather, Scrap, stock shoe, Color Finished Cow Leather, Scrap
Cow from Shoe, Car Seat Scrap, Finished Cow, Goat and Cow Crust |
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Competitors |
DAE IL LEATHER CO., LTD. 1086-1, JANGNIM 1-DONG, SAHA-GU, TEL:+82-51-262-9191~4 FAX:+82-51-262-9195 SEONG WON LEATHER IND. CO., LTD. 18B-45, BANWOL INDUSTRIAL COMPLEX, 617-7, SEONGGOK-DONG,
DANWON-GU, ANSAN-SI, TEL:+82-31-491-0212~3 FAX:+82-31-491-0504 YONG SHIN LEATHER CO., LTD. 100, SAMBANG-DONG, GIMHAE-SI, TEL:+82-55-329-0871 FAX:+82-55-329-0874 |
(Activity & Markets)
Not Available.
Not Available.
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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.45.12 |
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1 |
Rs.73.43 |
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Euro |
1 |
Rs.62.32 |
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.