MIRA INFORM REPORT
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Report Date : |
21.10.2011 |
IDENTIFICATION DETAILS
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Name : |
YNK INTERTEX CO., LTD. |
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Registered Office : |
13-21, Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea, Rm.703, Manhathan, Zip code 150-870 |
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Country : |
South korea |
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Date of Incorporation : |
27.04.2001 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesales of Textiles and Yarn |
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
YNK INTERTEX CO., LTD. (Korean Company Name : “(주)와이앤케이인터텍스”) |
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Registered Address |
13-21, Yeouido-dong,
Yeongdeungpo-gu, Seoul, Korea |
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Building |
Rm.703, Manhathan |
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Zip Code |
150-870 |
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Tel |
+82-2-3775-4367 |
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Fax |
+82-2-3775-4368 |
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Trading Address |
Rm.703,
Manhathan, 13-21, Yeouido-dong, Yeongdeungpo-gu, Seoul,
Korea |
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Tel |
+82-2-3775-4367 |
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Fax |
+82-2-3775-4368 |
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Type |
Import |
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Industry |
Wholesales of Textiles and Yarn |
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Main Business |
Yarn, Textiles, Fabrics |
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Established (mm/dd/yyyy) |
04/27/2001 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Yarns(11151700) |
CEO’s
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Name |
Kim Cheol |
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Address |
Suite 1308-503, 241, Cheolsan-dong,
Gwangmyeong-si, Gyeonggi-do, Korea |
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Date of Birth |
07/20/1966 |
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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) |
250,000,000 |
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Employees |
4 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-2226391 |
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Business Registered No. |
107-81-99*** (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.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
04/27/2001 Incorporated as the present name 10/09/2002 Moved to the present HQ address
from 15-16, Yeouido-dong, Yeongdeungpo-gu, Seoul,
Korea 12/14/2007 Increased the authorized
shares to 200,000 shares from 40,000 shares 12/15/2007 Increased capital to
250,000,000 KRW from 70,000,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Kim Cheol |
Male |
Korean |
03/30/2007 |
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Director |
Mr. |
Kim Tae-Il |
Male |
Korean |
03/25/2005 |
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Director |
Mr. |
Kim Jong-Nam |
Male |
Korean |
03/30/2007 |
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) |
1,000,000,000 |
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Paid-Up Capital(KRW) |
250,000,000 |
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Total Issued Shares |
50,000 |
Products, Technologies, Services Description
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Main Products & Services |
Yarn, Textiles |
Trade Partners & Competitors
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Competitors |
JINSUNG
TEXTILE CO., LTD. 161,
GUGOK-RI, MUNBAEK-MYEON, JINCHEON-GUN, CHUNGCHEONGBUK-DO, KOREA TEL:+82-43-534-0540 FAX:+82-43-534-2962 RIO
INDUSTRIES CO., LTD. RM. 404,
MICHELAN147, 147-2, SAMSEONG 1-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-508-0469 FAX:+82-2-508-6111~2 DONGIL
INDUSTRIAL CO. 725-5,
WONSI-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO, KOREA TEL:+82-31-494-2341 FAX:+82-31-494-2343 |
Sales by Region
(Activity & Markets)
The Subject imports
from India and Vietnam.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.71 |
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UK Pound |
1 |
Rs.78.09 |
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Euro |
1 |
Rs.68.05 |
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.