MIRA INFORM REPORT

 

 

Report Date :           

13.10.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

KOSTEC CO., LTD.

 

 

Registered Office :

132-7, Gamjeon-dong, Sasang-gu, Busan, Korea, Rm. 521, Byucksan Digital Valley, Zip Code 617-731

 

 

Country :

South korea

 

 

Date of Incorporation :

30.01.2009

 

 

Legal Form :

Co., Ltd by Shares

 

 

Line of Business :

Activities of Management Consultancy

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company 

 

 

Payment Behaviour :

No Complaints

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

South korea

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Basic

 

Company Name

KOSTEC CO., LTD.

(Korean Company Name : “()코스텍”)

Registered Address

132-7, Gamjeon-dong, Sasang-gu, Busan, Korea

Building

Rm. 521, Byucksan Digital Valley

Zip Code

617-731

Tel

+82-51-329-8667

Fax

+82-51-329-8668

E-mail

jblee2092@naver.com

Trading Address

Rm. 521, Byucksan Digital Valley, 132-7, Gamjeon-dong, Sasang-gu, Busan, Korea

Tel

+82-51-329-8667

Fax

+82-51-329-8668

Type

Services

Industry

Activities of Management Consultancy

  Main Business

Ship Building Jig & Fixture, Welding Machine

Established (mm/dd/yyyy)

01/30/2009

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Welders(23171508)

Sell

Welding tools(23171511)

Sell

Holding and positioning and guiding systems and devices(23153000)

 

 

CEO’s

 

Name

Lee Jae-Bong

Address

Suite 304-1802, 197, Yongho-dong, Nam-gu, Busan, Korea

Date of Birth

02/15/1956

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

50,000,000

Employees

2

Formation

Co., Ltd by Shares

Bank Details

N/A

Corporate Registered No.

180111-0659582

Business Registered No.

606-86-***** (The full numbers are kept by the National Tax Service confidentially.)

Because the subject’s full 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.)

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

01/30/2009 Incorporated as the present name

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

Representative Director

Mr.

Lee Jae-Bong

Male

Korean

01/30/2009

Auditor

M/S.

Jung Woo-Kum

Female

Korean

01/30/2009

 

 

Financials

 

The 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)

200,000,000

Paid-Up Capital(KRW)

50,000,000

Total Issued Shares

10,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Ship Building Jig & Fixture, Welding Machine

 

 

Trade Partners & Competitors

 

Competitors

NAWOOTEC CO., LTD.

3-23, JUAN 1-DONG, NAM-GU, INCHEON, KOREA

TEL:+82-32-860-2200  FAX:+82-32-874-3834

 

DAIHEN KOREA CO., LTD.

11B, HYEONGOK INDUSTRIAL COMPLEX, 463-1, HYEONGOK-RI, CHEONGBUK-MYEON, PYEONGTAEK-SI, GYEONGGI-DO, KOREA

TEL:+82-31-686-7445  FAX:+82-31-686-7464

 

CHANG WON PRECISION CO., LTD.

262, BUGOK-RI, JANGYU-MYEON, GIMHAE-SI, GYEONGSANGNAM-DO, KOREA

TEL:+82-55-332-4411  FAX:+82-55-311-0021

 

 

Sales by Region

(Activity & Markets)

 

Not Available.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.24

UK Pound

1

Rs.76.80

Euro

1

Rs.67.17

 

 

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

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

----

NB

New Business

----

 

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%)

 

 

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.