MIRA INFORM REPORT
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Report Date : |
09.05.2011 |
IDENTIFICATION DETAILS
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Name : |
KOREAN BIBLE SOCIETY |
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Registered Office : |
1365-16, Seocho 2-dong, Seocho-gu, Seoul, Korea, Zip Code 137-863 |
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Country : |
South Korea |
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Date of Incorporation : |
06.05.1971 |
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Com. Reg. No.: |
214-82-00134 |
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Legal Form : |
Foundation |
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Line of Business : |
Bible, Bible Translation, Bible Distribution, Publication |
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
South Korea |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
KOREAN BIBLE
SOCIETY (Korean Company
Name : “(재)대한성서공회”) |
|
Registered Address |
1365-16, Seocho 2-dong, Seocho-gu, Seoul,
Korea |
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Zip Code |
137-863 |
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Tel |
+82-2-2103-8700 |
|
Fax |
+82-2-2103-8893 |
|
Website |
www.bskorea.or.kr |
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Trading Address |
1365-16, Seocho 2-dong, Seocho-gu, Seoul,
Korea |
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Tel |
+82-2-2103-8700 |
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Fax |
+82-2-2103-8893 |
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Type |
Export/Import |
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Industry |
Other Publishing |
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Main Business |
Bible, Bible Translation, Bible Distribution, Publication |
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Established (mm/dd/yyyy) |
05/06/1971 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Publishing(82121800) |
CEO’s
|
Name |
Kim Soon-Kwon |
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Address |
635-521, Bongcheon-dong,
Gwanak-gu, Seoul, Korea |
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Date of Birth |
05/01/1999 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital (KRW) |
Not Applicable to
the Foundation |
|
Employees |
97 |
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Formation |
Foundation |
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Bank Details |
Suhyup Bank-Gangnam Branch |
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Corporate Registered No. |
114622-0000493 |
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Business Registered No. |
214-82-00134 |
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Permit & Licenses |
Int’l Trade No.: 286037 |
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Shareholder Position |
N/A |
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Company History |
05/06/1971 Incorporated as the present name |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Kim Soon-Kwon |
Male |
Korean |
05/01/1999 |
|
Director |
Mr. |
Sohn In-Woong |
Male |
Korean |
05/01/2001 |
|
Director |
Mr. |
Lee Man-Young |
Male |
Korean |
11/23/2001 |
|
Director |
Mr. |
Jung Ha-Bong |
Male |
Korean |
05/01/2001 |
|
Director |
Mr. |
Park Jong-Sun |
Male |
Korean |
05/01/1999 |
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Director |
Mr. |
Kim Hyun-Bae |
Male |
Korean |
05/01/2001 |
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Director |
Mr. |
Kim Dong-Kwon |
Male |
Korean |
05/23/2002 |
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Director |
Mr. |
Park Joon-Soon |
Male |
Korean |
11/26/2002 |
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Director |
Mr. |
Lee Jung-Ik |
Male |
Korean |
05/01/2003 |
|
Director |
Mr. |
Moon Hee-Soo |
Male |
Korean |
05/01/2005 |
|
Director |
Mr. |
Park Kyung-Jo |
Male |
Korean |
05/20/2005 |
|
Director |
Mr. |
Kim Ho-Yong |
Male |
Korean |
06/01/2005 |
|
Director |
Mr. |
Eom Hyun-Sub |
Male |
Korean |
11/29/2005 |
|
Director |
Mr. |
Lee Jung-Hyun |
Male |
Korean |
05/01/2006 |
|
Director |
Mr. |
Lee Yong-Ho |
Male |
Korean |
05/29/2006 |
|
Director |
Mr. |
Lim Hern-Taik |
Male |
Korean |
05/01/2007 |
|
Director |
Mr. |
Kwon Eui-Hyun |
Male |
Korean |
11/15/2007 |
|
Director |
Mr. |
Kim Nam-Cheol |
Male |
Korean |
05/01/2008 |
|
Director |
Mr. |
Lee Sun-Kyun |
Male |
Korean |
05/01/2008 |
|
Director |
Mr. |
Yang Byung-Hee |
Male |
Korean |
05/20/2008 |
|
Director |
Mr. |
Kim Jeom-Dong |
Male |
Korean |
05/01/2009 |
|
Director |
Mr. |
Ahn Sang-Ho |
Male |
Korean |
05/01/2009 |
|
Director |
Mr. |
Kim Kyung-Won |
Male |
Korean |
11/26/2009 |
|
Director |
Mr. |
Woo Chang-Joon |
Male |
Korean |
05/27/2010 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
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|
|
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10/2009 |
35,552,000,000 |
53,867,000,000 |
555,000,000 |
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10/2008 |
38,627,000,000 |
36,185,000,000 |
5,260,000,000 |
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10/2007 |
25,864,000,000 |
34,268,000,000 |
-596,000,000 |
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10/2006 |
22,153,000,000 |
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10/2005 |
22,979,000,000 |
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10/2004 |
23,307,000,000 |
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10/2003 |
20,369,000,000 |
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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
|
Authorized Capital(KRW) |
Not Applicable to the Foundation |
|
Paid-Up Capital(KRW) |
Not Applicable to the Foundation |
|
Total Issues Shares |
Not Applicable to the Foundation |
Products, Technologies, Services Description
|
Main Products & Services |
Bible, Bible Translation, Bible Distribution, Publication |
Trade Partners & Competitors
|
Competitors |
KYOWON CO., LTD.(110111-0556617) WOONGJIN THINKBIG CO., LTD.(284911-0065613) JEI CORPORATION(110111-0218465) |
Sales by Region
(Activity & Markets)
The Subject deals
with the companies in Asia, Europe and Africa.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.78 |
|
UK Pound |
1 |
Rs.73.43 |
|
Euro |
1 |
Rs.65.27 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<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.