MIRA INFORM REPORT

Report Date :

18.04.2012

IDENTIFICATION DETAILS

Name :	KMC TRADING COMPANY

Registered Office :	3rd FI., 777-97, Geomdan-dong, Buk-gu, Daegu, Korea 702-800

Country :	South Korea

Date of Incorporation :	11.09.2002

Com. Reg. No.:	503-14-51403

Legal Form :	Sole Proprietorship

Line of Business :	Wholesale of Other Industrial Machinery and Equipment

No. of Employees :	1

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 :	Small Concern
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 Information

Company Name	KMC TRADING COMPANY (Korean Company Name : “케이엠씨트레이딩”)
Registered Address	3rd FI., 777-97, Geomdan-dong, Buk-gu, Daegu, Korea
Zip Code	702-800
Tel	+82-53-382-0467
Fax	+82-53-382-0468
E-mail	kmctr2002@hanafos.com
Trading Address	3rd FI., 777-97, Geomdan-dong, Buk-gu, Daegu, Korea
Tel	+82-53-382-0467
Fax	+82-53-382-0468
Type	Export
Industry	Wholesale of Other Industrial Machinery and Equipment
Main Business	Used Textile Machinery
Established (mm/dd/yyyy)	09/11/2002

Detailed Products

Activity	Detailed Products (UNSPSC)
Sell	Twisting machines(23121504)
Sell	Textile processing machinery and accessories(23121500)
Sell	Embroidery making machines(23121501)

CEO’s

Name	Lee Seung-Yeol
Title	Owner
Sex	Male
Nationality	Korean

Profiles

Capital (KRW)	Not Applicable to the Sole Proprietorship
Employees	1
Formation	Sole Proprietorship
Bank Details	N/A
Corporate Registered No.	Not Applicable to the Sole Proprietorship
Business Registered No.	503-14-51403
Permit & Licenses	N/A
Shareholder Position	The owner has 100% shares.
Company History	09/11/2002 Established as the present name

Management

Job Description	Title	Name	Sex	Nationality	Inauguration Date
Owner	Mr.	Lee Seung-Yeol	Male	Korean	09/11/2002

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)	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

Used Machinery specially Embroidery and offset Printing Machines

Embroidery making machines

Textile processing machinery or accessories wholesale

Trade Partners & Competitors

Competitors

JEIL MACHINERY CO.

GA-118, GORYEO COMPLEX, 10-279, JONGAM-DONG, SEONGBUK-GU, SEOUL, KOREA

TEL:+82-2-941-2977 FAX:+82-2-917-8921

JEIL CORPORATION

657-5, ILPAE-DONG, NAMYANGJU-SI, GYEONGGI-DO, KOREA

TEL:+82-2-943-0041 FAX:+82-2-911-4229

SOO SUNG MACHINE COMPANY

768-2, HASIN-RI, GEUMSEONG-MYEON, GEUMSAN-GUN, CHUNGCHEONGNAM-DO, KOREA

TEL:+82-41-751-2644 FAX:+82-41-751-2646

Sales by Region

(Activity & Markets)

The Subject exports to Indonesia.

Court Action

Not Available.

News Clipping

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.62
UK Pound	1	Rs.81.94
Euro	1	Rs.67.65

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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