MIRA INFORM REPORT

Report Date :

10.04.2012

IDENTIFICATION DETAILS

Name :	CM COMPANY

Registered Office :	350-24, Hwagok-dong, Gangseo-gu, Seoul, Korea, , Rm.2, 1FL., Zip Code 157-882

Country :	South korea

Year of Establishment :	2010

Com. Reg. No.:	119-11-49389

Legal Form :	Sole Proprietorship

Line of Business :	Wholesale and Retails of Computers, Computer Peripheral Equipment and Software

No. of Employees :	01

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
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 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

South korea

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Basic

Company Name	CM COMPANY (Korean Company Name : “씨엠컴퍼니”)
Registered Address	350-24, Hwagok-dong, Gangseo-gu, Seoul, Korea
Building	Rm.2, 1FL.
Zip Code	157-882
Tel	+82-19-493-8088
Fax	+82-2-2690-8818
E-mail	realsunstar@nate.com;brotherwd@naver.com
Website	www.brotherwd.com
Trading Address	Rm.2, 1FL., 350-24, Hwagok-dong, Gangseo-gu, Seoul, Korea
Tel	+82-19-493-8088
Fax	+82-2-2690-8818
Type	Export/Import
Industry	Wholesale and Retails of Computers, Computer Peripheral Equipment and Software
Main Business	Toner, Ink, Printer
Established (mm/dd/yyyy)	2010

Detailed Products

Activity	Detailed Products (UNSPSC)
Sell	Toner(44103103)
Sell	Ink cartridges(44103105)

CEO’s

Name	Kwon Sun-Hwa
Title	Owner
Sex	Female
Nationality	Korean

Profiles

Capital (KRW)	Not Applicable to the Sole Proprietorship
Employees	1
Formation	Sole Proprietorship
Bank Details	Kookmin Bank(A/C No. : 075602-04-047764) Woori Bank (A/C No.: 1005-701-983665)
Corporate Registered No.	Not Applicable to the Sole Proprietorship
Business Registered No.	119-11-49389
Permit & Licenses	N/A
Shareholder Position	The owner has 100% shares.
Company History	2010, but the exact established date is not available.

Management

Job Description	Title	Name	Sex	Nationality	Inauguration Date
Owner	M/S.	Kwon Sun-Hwa	Female	Korean	2010

Financials

Year / Unit : KRW	Sales	Assets	Net Income
2010

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)	Not Applicable to the Sole Proprietorship
Paid-Up Capital(KRW)	Not Applicable to the Sole Proprietorship
Total Issued Shares	Not Applicable to the Sole Proprietorship

Products, Technologies, Services Description

Main Products & Services

Toner, Ink, Printer

Trade Partners & Competitors

Competitors

INKTEC CO., LTD.

1124, SINGIL-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO, KOREA

TEL:+82-31-494-0001 FAX:+82-31-492-2041

INK NARA CO., LTD.

559-8, SANGJISEOK-RI, GYOHA-EUP, PAJU-SI, GYEONGGI-DO, KOREA

TEL:+82-70-7308-1875 FAX:+82-31-908-1874

FORMANTECH INC.

439-9, GEOMSAN-DONG, PAJU-SI, GYEONGGI-DO, KOREA

TEL:+82-31-907-4646 FAX:+82-31-948-6012

Sales by Region

(Activity & Markets)

The Subject imports from China.

Court Action

Not Available.

News Clipping

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FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.28
UK Pound	1	Rs.81.38
Euro	1	Rs.67.01

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.