MIRA INFORM REPORT
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Report Date : |
28.09.2011 |
IDENTIFICATION DETAILS
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Name : |
HTI CORPORATION |
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Registered Office : |
184-1, Guro 3-dong, Guro-gu, Seoul, Korea, Rm. 1013, Woolim e-Biz Center 2-cha, Zip Code 152-769 |
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Country : |
South Korea |
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Date of Incorporation : |
07.05.2007 |
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Com. Reg. No.: |
113-86-13504 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesale of Textiles |
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 – 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 |
HTI CORPORATION (Korean Company Name :
“(주)휴먼텍스인터액션”) |
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Registered Address |
184-1, Guro 3-dong, Guro-gu, Seoul, Korea |
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Building |
Rm. 1013, Woolim e-Biz Center 2-cha |
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Zip Code |
152-769 |
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Tel |
+82-2-2109-6918 |
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Fax |
+82-2-2109-6920 |
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E-mail |
mjkim@hticorpo.biz |
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Trading Address |
Rm. 1013, Woolim e-Biz Center 2-cha,
184-1, Guro 3-dong, Guro-gu, Seoul, Korea |
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Tel |
+82-2-2109-6918 |
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Fax |
+82-2-2109-6920 |
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Type |
Export/Import |
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Industry |
Wholesale of Textiles |
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Main Business |
Polyester Fabrics, Woven Fabrics |
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Established (mm/dd/yyyy) |
05/07/2007 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Fabrics and leather materials(11160000) |
CEO’s
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Name |
Shin Kyung-Woo |
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Address |
Suite 106-1101, 917, Geumho-dong
3-ga, Seongdong-gu, Seoul, Korea |
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Date of Birth |
06/12/1964 |
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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) |
50,000,000 |
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Employees |
8 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-3673632 |
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Business Registered No. |
113-86-13504 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
05/07/2007 Incorporated as the present name 08/28/2010 Moved to the present HQ address
from 197-7, Guro-dong, Guro-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. |
Shin Kyung-Woo |
Male |
Korean |
05/07/2010 |
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Director |
Mr. |
Kim Bum-Soo |
Male |
Korean |
05/07/2010 |
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Auditor |
Mr. |
Yoo Dae-Yeol |
Male |
Korean |
03/31/2010 |
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) |
200,000,000 |
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Paid-Up Capital(KRW) |
50,000,000 |
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Total Issues Shares |
40,000 |
Products, Technologies, Services Description
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Main Products & Services |
Polyester Fabrics, Woven Fabrics |
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 exports
to North America, and it also deals with the companies in China, Hong Kong and
India.
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.49.18 |
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UK Pound |
1 |
Rs.76.65 |
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Euro |
1 |
Rs.66.63 |
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.