|
Report Date : |
13.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
SK ENGINEERING & CONSTRUCTION CO.,
LTD. |
|
|
|
|
Registered Office : |
192-18, Gwanhun-dong, Jongno-gu, Seoul |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.03.2012 |
|
|
|
|
Date of Incorporation : |
21.02.1962 |
|
|
|
|
Com. Reg. No.: |
101-81-34928 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Engineering Construction, Building Construction, Plant Construction |
|
|
|
|
No. of Employees : |
5,967 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
SK ENGINEERING & CONSTRUCTION CO., LTD. (Korean Company Name : “SK건설(주)”) |
|
Registered Address |
192-18, Gwanhun-dong, Jongno-gu, Seoul,
Korea |
|
Building |
SK E&C Building |
|
Zip Code |
110-300 |
|
Tel |
+82-2-3700-7114 |
|
Fax |
+82-2-3700-8360 |
|
E-mail |
webmaster@skec.com;shmoon-d@skec.com;maxpert@skec.com |
|
Website |
www.skec.co.kr |
|
Trading Address |
SK E&C
Building, 192-18, Gwanhun-dong, Jongno-gu, Seoul, Korea (P.O.BOX 196) |
|
Tel |
+82-2-3700-7114 |
|
Fax |
+82-2-3700-8200 |
|
Other Address |
SK Sunhwa
Building, 66 Sunnhwa-dong Jung-gu, Seoul, Korea |
|
Tel |
+82-2-3700-7114 |
|
Fax |
+82-2-3700-8200 |
|
Other Address- SK Myung Dong
Branch |
SK Myung
Dong Bldg., 59-5, Myeong-dong 1-ga, Jung-gu, Seoul, Korea |
|
Tel |
+82-2-553-5114 |
|
Fax |
+82-2-553-5115 |
|
Other Address-Metropolitan Branch |
Hyundai
Marine Building F11, Guwol-dong, Namdong-gu, Incheon, Korea |
|
Tel |
+82-32-422-7416 |
|
Fax |
+82-32-422-7419 |
|
Other Address-Gyeong-inBranch |
Hyundai Marine
Building F5, Gwonseon-dong, Gwonseon-gu, Suwon, Korea |
|
Tel |
+82-31-223-4071~2 |
|
Fax |
+82-31-223-4073 |
|
Other Address-Chungcheong Branch |
SK Telecom
New Building F9, 594, Tanbang-dong Seo-gu, Daejeon, Korea |
|
Tel |
+82-42-489-6286 |
|
Fax |
+82-42-489-6284 |
|
Other Address-Gangwon Branch |
Saeran Building F4, 850, Dangyeon-dong,
Wonju City Gangwon-do, Korea |
|
Tel |
+82-33-747-8625 |
|
Fax |
+82-33-747-8627 |
|
Other Address-Central
Construction Sales Headquarters |
SK Telecom New
Building F12, 594, Tanbang-dong Seo-gu, Daejeon, Korea |
|
Tel |
+82-42-489-6274 |
|
Fax |
+82-42-489-6276 |
|
Other Address-Jeonnam Branch |
Trade Center
F10, 1589-1, Woosan-dong Gwangsan-gu Gwangju, Korea |
|
Tel |
+82-62-944-8114 |
|
Fax |
+82-62-944-8115 |
|
Other Address-Jeonbuk Branch |
Gina
Building F6, 780, Seoshin-dong Wansan-gu Jeonju, Korea |
|
Tel |
+82-63-246-1901 |
|
Fax |
+82-63-276-1901 |
|
Other Address-Gyeongnam Branch |
SK Housing Cultural
Center, 1459-6, Jwa-dong Haewundae-gu Busan, Korea |
|
Tel |
+82-51-709-2607 |
|
Fax |
+82-51-702-6342 |
|
Other Address-Gyeongbuk Branch |
Moonhwa
Broadcast Company F13, 1, Byumo-dong Suseong-gu Daegu, Korea |
|
Tel |
+82-53-755-6031 |
|
Fax |
+82-53-755-6032 |
|
Type |
Export/Import |
|
Industry |
Apartment Building Construction |
|
Main Business |
Engineering Construction, Building Construction, Plant Construction |
|
Sub
Business |
Construction of Industrial Plants |
|
Established (mm/dd/yyyy) |
02/21/1962 |
The Subject owns
the premises of registered HQ address.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell/Construction |
Residential construction(72131500) |
|
Sell/Construction |
Commercial or industrial construction(72131600) |
|
Sell/Construction |
General building construction(72130000) |
|
Sell/Services |
Consulting for Feasibility, project
management, Operation & Maintenance. |
|
Name |
Yoon Suk-Kyong |
|
Address |
- |
|
Date of Birth |
08/28/1951 |
|
Title |
Vice Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
177,774,685,000 |
|||||||||||||||||||||
|
Employees |
5,967 |
|||||||||||||||||||||
|
Formation |
Co., Ltd by shares A Company of SK Group |
|||||||||||||||||||||
|
Bank Details |
Korea Exchange Bank-Insa-Dong Branch |
|||||||||||||||||||||
|
Corporate Registered No. |
110111-0038805 |
|||||||||||||||||||||
|
Business Registered No. |
101-81-34928 |
|||||||||||||||||||||
|
Permit & Licenses |
08/03/1994 ISO 9001 10/24/1997 ISO 14001 Int’l Trade No.: 529880 |
|||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||
|
Company History |
02/21/1962
Incorporated as Hyupwoo Industries Co., Ltd. 08/01/1977 Changed company name to Sun Kyung
General Construction Co., Ltd. and initiated the construction of Walker Hill
apartment 1980 Won the construction of residential
complex in Banwol New City 03/02/1984 Changed company name to Sun
Kyung Engineering & Construction Co., Ltd. 1984 Entered in Malaysia and started
engineering business 1985 Participated in the modernization
project of oil refinery plants of SK Corp. 1987 Entered in Indonesia through the
DMT/PTA project of SK Synthetic Fiber Co., Ltd. 1988 Completed SK's LPG stockpiling
terminal project in Ulsan 1989 Established R&D institute 1991 Won the polymer plants project of the
US based Eastman Chemical and Sriracha petroleum extension project, Thailand 1992 Entered in Mexico and Ghana, won the
Ansan development project (phase II) and acquired ASEM certificate 1993 Won the Gyeongbu high speed railway
construction (5-3 site) 1994 Acquired ISO9001 certificate and won
the ATC complex turn-key project, Thailand 1996 Completed the Honam Expressway
extension project and the Yeosu stockpiling terminal project, and won the ABS
plant project, Tianjin, China 1997 Entered in Brazil, acquired the
patent on the Supex-cut explosion mechanism, completed the 3rd Government
Building, Daejeon, and won the Cadereyta oil refinery turn-key project,
Mexico 12/27/1997 Changed company name to the
present name 1998 Won the Madero oil refinery turn-key
project, Mexico, changed the company name to SK Construction Co., Ltd., and
acquired KEPIC certificate 1999 Completed the Incheon Urban Railway
project (1-4 and 1-5 site) 2000 Launched SK VIEW, an apartment brand,
and won the Yeosu stockpiling terminal expansion project 2001 Completed SK Bukhansan City apartment
and Donghae heat power plants 2002 Completed Jungbu Naeryuk Expressway
(2nd site), developed LNG stockpiling technology, launched SK HUB brand and
won the Sihwa Techno Valley construction project (5th site) 2003 Participated in Singori 1st and 2nd
nuclear power plants project and won the RPMAA and KOCRP projects, Kuwait 2004 Won the VGO Hydrotreating Unit and
Sulphuric Acid Alkylation Unit projects, Romania, and completed Gyeongbu high
speed railway construction (14-3 site) and disposal works of Gwangju River 2005 Won the oil collection facilities and
FUP (Facility Upgrade Project), Kuwait 2006 Won the aromatics complex turn-key
project, Kuwait, and Dohwa District Development PF project 09/14/2006 Acquired JEONG JI
WON(115211-0009099) 2007 Orders received for the Jurong aromatics complex in Singapore,
project financing for mixed-use development at Unjeong, Paju. 04/30/2009 spin off SK FOREST CO. LTD.(130111-0005967) |
|||||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Vice Chairman |
Mr. |
Choy Chang-Won |
Korean |
1964.08.27 |
Michigan University, USA |
|
President & CEO |
Mr. |
Cho Ki-Haeng |
Korean |
1959.01.05 |
Korea University, Korea |
|
President / Plant Division |
Mr. |
Choi Kwang-Cheol |
USA |
1955.06.24 |
UC Berkley, USA |
|
Director |
Mr. |
Kim Young-Tae |
Korean |
1955.11.17 |
Seogang University, Korea |
|
Outside Director |
Mr. |
Kim Sung-Tae |
Korean |
1952.02.26 |
Yonsei University, Korea |
|
Outside Director |
Mr. |
Ahn Yong-Chan |
Korean |
1959.01.04 |
Watson School, USA |
|
Auditor |
Mr. |
Byun Keun-Joo |
Korean |
1942.03.30 |
Ex. Prof., of Yonsei University |
|
Outside Director / Auditor |
Mr. |
Lee Jong-Baik |
Korean |
1950.08.08 |
Ex. President of Korea Independent Commission Against Corruption |
|
Outside Director / Auditor |
Mr. |
Kim Byung-Il |
Korean |
1951.01.20 |
Advisor of Kim & Chang |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,788,109,701,000 |
4,428,358,547,000 |
25,901,701,000 |
|
|
2011 |
6,394,467,002,000 |
4,185,825,312,000 |
84,920,797,000 |
|
2010 |
4,652,618,581,000 |
3,513,372,373,000 |
39,504,197,000 |
|
2009 |
3,940,712,181,000 |
3,395,050,339,000 |
49,419,937,000 |
|
2008 |
4,077,343,411,000 |
3,073,272,605,000 |
114,190,170,000 |
|
2007 |
4,135,921,177,781 |
2,312,151,737,145 |
111,237,648,945 |
|
2006 |
3,073,020,482,456 |
1,954,593,744,069 |
104,452,288,352 |
|
2005 |
2,570,714,650,407 |
1,543,771,818,972 |
109,556,156,662 |
|
2004 |
2,181,119,016,376 |
1,434,898,246,479 |
19,863,394,109 |
|
2003 |
1,651,196,390,504 |
1,529,838,076,491 |
19,708,313,606 |
Financial
Description
|
Authorized Capital(KRW) |
800,000,000,000 |
|
Paid-Up Capital(KRW) |
177,774,685,000 |
|
Total Issues Shares |
20,304,937(Common :23,628,271 / Preferable : 10,000) |
|
Unit : Thousand Korean Won |
01/01/2012~03/31/2012 |
As of 12/31/2011 |
As of 12/31/2010 |
|
Total Assets |
4,428,358,547 |
4,185,825,312 |
3,513,372,373 |
|
Current Assets |
3,193,989,784 |
2,983,462,784 |
2,422,524,819 |
|
-Quick Assets |
3,125,594,607 |
2,910,482,340 |
2,363,795,025 |
|
-Inventories |
68,395,177 |
72,980,444 |
58,729,794 |
|
Fixed Assets |
1,234,368,763 |
1,202,362,528 |
1,090,847,554 |
|
-Investment |
739,000,530 |
706,149,164 |
664,913,735 |
|
-Tangibles |
300,895,936 |
302,909,101 |
279,982,220 |
|
-Intangibles |
31,290,266 |
35,215,522 |
37,702,851 |
|
-Others |
163,182,031 |
158,088,741 |
108,248,748 |
|
Total Liabilities |
3,177,325,549 |
2,994,625,384 |
2,614,372,379 |
|
Current Liabilities |
2,403,979,378 |
2,396,600,466 |
2,143,183,869 |
|
Fixed Liabilities |
773,346,171 |
598,024,918 |
471,188,510 |
|
Capital Stock |
194,441,355 |
194,441,355 |
177,774,685 |
|
Capital Surplus |
510,427,835 |
480,247,920 |
288,679,000 |
|
Profit Surplus |
452,071,494 |
426,169,793 |
342,171,963 |
|
Capital Adjustment |
94,092,314 |
90,340,860 |
90,374,346 |
|
Total Equity |
1,251,032,998 |
1,191,199,928 |
898,999,994 |
|
Liab. & Shareholder’s Equity |
4,428,358,547 |
4,185,825,312 |
3,513,372,373 |
|
Current
Liabilities |
2,403,979,378 |
2,396,600,466 |
2,143,183,869 |
|
Short-Term Borrowings |
738,859,975 |
494,391,971 |
157,912,394 |
|
Trade Payables |
526,069,809 |
908,055,831 |
771,381,041 |
|
Construction Payables |
670,058,760 |
490,590,382 |
643,651,616 |
|
Accrued Income Tax |
44,705,053 |
25,552,295 |
21,092,529 |
|
Current Portion of Long-Term
Debts |
30,000,000 |
90,000,000 |
210,000,000 |
|
Provisions for Repairing &
Construction Loss |
69,720,802 |
56,180,331 |
56,190,628 |
|
Other Liabilities |
324,661,277 |
331,836,364 |
283,131,353 |
|
Fixed
Liabilities |
773,346,171 |
598,024,918 |
471,188,510 |
|
Debentures |
697,982,868 |
534,554,800 |
420,000,000 |
|
Long-Term Borrowings |
7,747,200 |
7,747,200 |
7,747,200 |
|
Guarantee
Deposit Withhold |
0 |
15,848,421 |
0 |
|
Long-Term Leasehold Deposit
Received |
5,613,507 |
5,550,184 |
15,663,463 |
|
Provision for Severance &
Retirement |
49,742,532 |
35,965,168 |
29,248,302 |
|
Deferred
Income Tax Credit |
15,055,754 |
0 |
0 |
|
Unit : Thousand Korean Won |
01/01/2012~03/31/2012 |
As of 12/31/2011 |
As of 12/31/2010 |
|
Sales |
1,788,109,701 |
6,394,467,002 |
4,652,618,581 |
|
Cost of Sold Goods |
1,661,001,455 |
5,704,600,292 |
3,981,423,251 |
|
Gross Profit |
127,108,246 |
689,866,710 |
671,195,330 |
|
Selling & Admin. Expenses |
100,504,459 |
582,931,988 |
432,597,917 |
|
Operating Income |
26,603,787 |
106,934,722 |
238,597,413 |
|
Non-Operating Income |
101,081,153 |
564,155,097 |
256,012,888 |
|
Non-Operating expenses |
91,524,095 |
561,782,155 |
416,954,454 |
|
Income Before Taxes |
36,160,845 |
109,307,664 |
77,655,847 |
|
Income Taxes Expenses |
10,259,144 |
24,386,867 |
38,151,650 |
|
Net Income |
25,901,701 |
84,920,797 |
39,504,197 |
|
Unit : Thousand Korean Won |
01/01/2012~03/31/2012 |
As of 12/31/2011 |
As of 12/31/2010 |
|
Cash Flows from Operating |
-353,951,932 |
-165,624,955 |
-53,528,963 |
|
-Net Income |
25,901,701 |
84,920,797 |
39,504,197 |
|
-Exp. without Cash Outflow |
201,382,895 |
624,522,155 |
336,530,990 |
|
-Revenue without Cash Inflows |
30,702,982 |
-207,248,083 |
-49,671,899 |
|
-Changes in Asset/ & Liability |
-550,533,546 |
-667,819,824 |
-379,892,251 |
|
Cash Flows from Investing |
-46,919,513 |
-340,443,756 |
116,966,568 |
|
-Cash Inflow from Investing |
5,314,221 |
68,678,329 |
311,956,588 |
|
-Cash Outflows for Investing |
52,233,734 |
-409,122,085 |
-194,990,020 |
|
Cash Flows from Financing |
395,799,877 |
498,917,666 |
-51,917,972 |
|
-Cash Inflows from Financing |
485,799,877 |
720,779,986 |
461,166,464 |
|
-Cash Outflows from Financing |
90,000,000 |
-221,862,320 |
-513,084,436 |
|
Increase/Decrease in Cash |
-5,071,568 |
-7,151,045 |
11,519,633 |
|
Cash at the Beginning of Year |
54,486,091 |
61,637,136 |
50,117,503 |
|
Cash at the End of Year |
49,414,523 |
54,486,091 |
61,637,136 |
|
Main Products & Services |
Civil Engineering Major areas for the Civil Engineering Business
Division include turnkey projects,Korean government projects awarded to the
lowest bidder, PFI projects, and overseas BOT and EPC projects. Architecture & Housing The Architecture & Housing Business
Division applies the latest construction methods and state-ofthe-art systems
to provide clients with pleasant and flexible spaces for living and working. Petrochemical Plants The Petrochemical Plant Business Division
boasts a track record that encompasses all stages of the industry, from crude
oil refining to downstream petrochemical production and LNG storage. Industrial Plants The Industrial Plant Business Division has
extensive experience in technology for building logistics systems,
environmental plants and industrial plants. Ubiquitous Business The Subject Company offers clients total
solutions for telecommunications systems, from engineering and procurement to
construction, installation, operation and management. Forestry Property /Others The Subject Company is Korea’s sole
enterprise devoted to forestry. |
|
Customers |
KOREA PETROLEUM DEVELOPMENT CORPORATION SK CORPORATION JURONG AROMATICS CORPORATION LTD. KUWAIT NATIONAL PETROLEUM CO KUWAIT OIL COMPANY(KOC) KUWAIT PARAXYLENE PRODUCT COMPANY(KPPC) KUWAIT OIL COMPANY(KOC) RAYONG REFINERY COMPANY(RRC) THAI POLYPROPYLENE CO., LTD. |
|
Competitors |
GS ENGINEERING & CONSTRUCTION CORP. GS YEOKJEON BLDG., 537, NAMDAEMUNNO 5-GA,
JUNG-GU, SEOUL, KOREA TEL:+82-2-728-1112~4 FAX:+82-2-728-1203 HYUNDAI ENGINEERING & CONSTRUCTION CO.,
LTD. 140-2, GYE-DONG, JONGNO-GU, SEOUL, KOREA TEL:+82-2-746-1114 FAX:+82-2-746-3333 DAEWOO ENGINEERING COMPANY 9-3, SUNAE-DONG, BUNDANG-GU, SEONGNAM-SI,
GYEONGGI-DO, KOREA TEL:+82-31-738-0114 FAX:+82-31-738-0115 |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
SK HOLDINGS CO., LTD.(110111-0022816) SK TELECOM CO., LTD.(110111-0371346) SK C&C CO., LTD.(110111-0769583) SK TELINK, CORP.(110111-1533599) INNOACE CO., LTD(110111-2104026) PAXNET, INC.(110111-1698830) IHQ, INC.(110111-0042393) AIRCROSS CO., LTD.(110111-2121765) TU MEDIA CORPORATION(110111-2907826) SK COMMUNICATIONS CO., LTD.(110111-1322885) COMMERCE PLANET CO., LTD.(110111-1416133) F&U CREDIT INFORMATION CO.,
LTD.(135311-0003300) SK WYVERNS CO., LTD(120111-0217366) SK HOLDINGS CO., LTD.(110111-0022816) SK TELESYS CO., LTD.(110111-1405897) LOEN ENTERTAINMENT, INC.(134111-0010706) INFOSEC CO., LTD(110111-2007858) ENCAR NETWORKS LTD.(110111-2125270) INDEPENDENCE CO., LTD.(110111-2010116) SKC MEDIA CO., LTD.(161511-0076377) IFILM CORPORATION(110111-2857451) SK BROADBAND CO., LTD.(110111-1466659) CU MEDIA. INC.(110111-2031477) NTREEV SOFT CO., LTD.(110111-2906456) SK I-MEDIA CO., LTD.(110111-3505851) IPLATFORM, INC(110111-3638917) NURI SOLUTION CO., LTD.(110111-1866213) HANAROMEDIA INC.(110111-3292664) HANARO DREAM INCORPORATED(110111-2183343) BROADBAND D&M CO., LTD.(110111-1509269) NOWON JOEUN TELECOM CO.,
LTD.(110111-3655218) MIRACLE INFORMATION & TELECOMMUNICATION
CO., LTD.(120111-0433491) |
|
Affiliates-Domestic |
QC I&T CO., LTD.(110111-3675381) QL KWANAK CO., LTD.(110111-3826140) QL DONGJAK CO., LTD.(110111-3729740) QL SEOCHO CO., LTD.(110111-3729807) QL YONGSAN CO., LTD.(110111-3761023) QL YANGCHEON CO., LTD.(110111-3729609) SK NETWORKS CO., LTD.(130111-0005199) SK SHIPPING CO., LTD.(110111-0311392) MRO KOREA CO., LTD(110111-2016940) SK D&D CO., LTD.(110111-3001685) OK CASHBAG SERVICE CO., LTD.(110111-1873432) SK NETWORKS SERVICE CO., LTD.(135811-0141788) SK MARKETING & COMPANY CO., LTD.(110111-3874066) BROADBAND TS CO., LTD.(281111-0119401) BROADBAND CS CO., LTD.(110111-1592595) BROADBAND SEOUL CS CO., LTD.(110111-3558842) BROADBAND BUSAN CS CO., LTD.(180111-0573774) BROADBAND GYEONGGI CS CO., LTD.(134111-0147575) BROADBAND GWANGJU CS CO., LTD.(200111-0233050) ANTS CO., LTD.(151111-0031058) ULLEUNG DEEP SEA WATER CO., LTD(110111-3224724) WS TRADING CO., LTD.(110111-3448712) SK SECURITIES CO., LTD(110111-0037112) SOLMICS CO., LTD.(134711-0014631) UB CARE CO., LTD.(110111-1105364) MECHARONICS CO., LTD.(120111-0233338) ULLEUNG MINERAL CO., LTD.(110111-2602244) WALKERHILL INC.(110111-0142854) REAL BEST CO., LTD. DAEJEON CLEAN WATER CO., LTD.(110111-4273960) (32.05 held by the subject company) |
|
Affiliates-Overseas |
BETEK(USA) (100.0% held by the subject company) SKEC(THAI) (THAILAND) (50.10% held by the subject company) SBC(KUWAIT) (39.0% held by the subject company) PT CAZ(INDONESIA) (90.0% held by the subject company) INDIA ENGINEERIGN CENTER(INDIA) (100.0% held by the subject company) CREYMEX(MEXICO) (90.9% held by the subject company) BITUS(CAMBODIA) (95.0% held by the subject company) SK NAMKYUNG(CHINA) (100.0% held by the subject company) HI VICO CONSTRUCTION J/V(VIETNAM) (80.0% held by the subject company) SK-SHINAH(CAMBODIA) (51.0% held by the subject company) KENUS(KAZAKASTAN) (70.0% held by the subject company) SKEC LLC(RUSSIA) (99.0% held by the subject company) SHANXI SK GUOLIN HI-TECH ROAD MATERIAL CO., LTD.(CHINA) SK CHINA COMPANY, LTD. (CHINA) SK KERIS(INDONESIA) SK EUROCHEM SP.ZO.O.(POLAND) CAL-PAC (USA) 311 GRAMERCY(USA) MESA VERDE(USA) BETEK F&B HONGKONG(HONG KONG) BETEK F&B (NANJING)(CHINA) FRANDELI FRANCHISE(USA) PJ OHIO, LLC(USA) SWRI ACQUISITION(USA) SPAGHETTI WAREHOUSE(USA) THAI WOO REE(THAILAND) IRUNEX(THAILAND) NAMKYUNG SK REAL ESTATE CONSULTING CO., LTD.(CHINA) NAMKYUNG SK REAL ESTATE DEVELOPMENT CO., LTD.(CHINA) |
|
Overseas Office |
CHINA-NANJING CO. LTD.(100.0% held by the subject company) SKEC(NANJING) CO.LTD. ROOM F 8TH FLOOR INVESTMENT BUILDING NO. 414
SOUTH ZHONG SHAN ROAD, NANJING, CHINA (POSTCODE : 210006) TEL: +86-25-8470-1223 FAX: +86-25-8470-1809 USA-BETEK CORP. 2 PARK PLAZA, SUITE NO. 1250 IRVINE, CA 92614 TEL: +1-949-336-5100 FAX: +1-949-336-5107 USA-CAL-PAC 1501 E. ORANGETHORPE AVE., STE. 220 FULLERTON, CA 92831 TEL: +1-714-449-9404 FAX:+ 1-714-449-9825 |
|
Overseas Branch |
THAILAND-BANGKOK BRANCH UNIT 2702, 27TH FLOOR, TWO PACIFIC PLACE, 142 SUKHUMVIT ROAD,
KLONGTOEY, BANGKOK 10110, THAILAND TEL: +66-2-254-7211~4 FAX: +66-2-254-7215 INDONESIA-JAKARTA BRANCH(PJT OFFICE) S. WIDJOJO 7TH FL. JL. JENDERAL SUDIRMAN 71 JAKARTA 12910 TEL: +62-21-527-3349 FAX: +62-21-527-7872 CHINA-BEIJING BRANCH 6TH FLOOR,TOWER A.GATEWAY. NO.18,XIAGUANGLI.NORTH ROAD, EAST THIRD
RING,CHAOYANG DISTRICT BEIJING 100027 TEL: +86-10-5924-0861 FAX: +86-10-5924-0900 INDIA-INDIA ENGINEERING CENTER 5TH FLOOR VATIKA TOWER B, SECTOR-54 GOLF LINK ROAD, GURGAON, HARYANA
122-009 TEL: +91-12-4423-9004 FAX: +91-12-4423-9001 LAOS-VIENTIANE BRANCH P.O. BOX 3992, LAO ART MEDIA BUILDING, 2ND FLOOR 389 NAKHAN T2 ROAD,
VIENTIANE, LAO P.D.R. TEL: +856-21-213-695 FAX: +856-21-213-697 KUWAIT-KUWAIT BRANCH BLDG. #13, STREET #12, BLOCK #7, ABU FATIRA, MUBARAK AL KABEER, KUWAIT TEL: +965-543-4709 FAX: +965-543-4710 UNITED ARAB EMIRATES-ABU DHABI BRANCH ABU DHABI BRANCH, 3RD FLOOR, DOOR NO. 303, SIDDIQUE GIFT BUILDING
(NEAR K. M. TRADING), AL SALAM STREET, ABU DHABI, U.A.E.(P.O. BOX 45828, ABU
DHABI, U.A.E.) TEL: +971-2-674-7227 FAX: +971-2-676-5308 SAUDI ARABIA-AL-KHOBAR BRANCH P. O. BOX 79800, AL-KHOBAR 31952 NESMA BUILDING II, 3RD FLOOR PRINCE
MAJID STREET/ 6TH CROSSING OF CORNISH ROAD AL-KHOBAR, SAUDI ARABIA TEL: +966-3-865-7055 EXT. 401 FAX: +966-3-865-5785 |
|
Overseas Branch |
GERMANY-FRANKFURT OFFICE T.O.P.A.S 1, MERGENTHALER ALLEE 77, 65760, ESCHBORN, GERMANY TEL: +49-(0)6196-470741~42 FAX: +49-(0)6196-470740 CANADA-CALGARY BRANCH SUN LIFE PLAZA, WEST TOWER SUITE 2600 144 4TH AVENUE S.W CALGARY, AB
T2P 3N4 TEL: +1-403-514-8085 FAX: +1-403-716-3637 MEXICO-MEXICO CITY BRANCH SK ENGINEERING & CONSTRUCTION CO., LTD. PASEO DE LA REFORMA 404,
PISO 3, COL. JUAREZ 06600 MEXICO, D.F. TEL: +52-55-5241-1158 FAX: +521-55-5525-7536 VIETNAM-HANOI BRANCH UNIT 801, 8TH FLOOR, SCHMIDT TOWER, 239 XUAN THUY ROAD, CAU GIAY
DISTRICT, HANOI.VIETNAM TEL: +84-4-768-9305~7 FAX: +84-4-768-9308 USA-LA BRANCH 2 PARK PLAZA, SUITE NO. 1250 IRVINE, CA 92614 TEL: +1-949-336-5100 FAX: +1-949-336-5107 |
|
Subsidiary |
THAILAND-THAI WOO REE ENGINEERING CO., LTD. THAI WOO REE ENGINEERING COMPANY LIMITED,
23/3 NONGHA ROAD, TAMBON HUAYPONG, AMPHUR MUANG RAYONG, RAYONG 21150,
THAILLAND TEL: +66-38-606-234 FAX: +66-38-606-164~5 THAILAND-IRUNEX 185 SKY PARK PLAZA 2FL. SUKHUMVIT 71 RD.
PRAKANONG-NUA, WATTANA, BANGKOK 10110, THAILLAND TEL: +66-2-711-1521-2 FAX: +66-2-711-1529 INDONESIA-PT.CAZ KONSTRUKSI TWINK CENTER LT.5, JL. KAPTEN P. TENDEAN
NO.82, MAMPANG PRAPATAN, JAKARTA SELATAN 12790 TEL: +62-21-799-1314~5 FAX: +62-21-799-1316 SHINYOUNG ENGINEERING CO., LTD QINGDAO SHINYOUNG ENGINEERS SO.LTD. #909
ZHONG-TIAN-HENG PLAZA, NO.8 FU-ZHOU-NAN STREET, SHI-NAN DISTRICT, QINGDAO,
P.R.CHINA TEL: +86-532-8587-1865~5 FAX: +86-532-8597-1864 CHINA- SHANXI SK GUOLIN HI-TECH ROAD
MATERIAL CO. LTD. DONGFU#1, BAQIAOZHENZHENG RD. BAQIAO
DISTRICT, XIAN CITY, SHANXI PROVINCE, CHINA TEL: +86-29-8361-0791 FAX: +86-29-8361-0796 VIETNAM-HIVICOHIVICO CONSTRUCTION JOINT VENTURE
COMPANY LTD. 93B VO VAN TAN, WARD 6, DIST 3, HO CHI MINH
CITY, VIETNAM TEL: +84-8-930-7076 FAX: +84-8-930-7075 KUWAIT-SBC-SBC GENERAL TRADING &
CONTRACTING CO., LTD. SBC GENERAL TRADING & CONTRACTING
CO.LTD BASEMENT FLOOR, BLDG NO.118, BLOCK3. STREET 1, MANGAF, KUWAIT TEL: +965-2371-4076 FAX: +965-2371-5064 KAZAHKSTAN-KENUS – KENUS LIMITED LIABILITY
PARTNERSHIP 301 TOLE BI STREET, AUEZOVSKIY DISTRICT,
ALMATY CITY, KAZAKHSTAN TEL: +7-7272-23-1578 MEXICO-CREYMEX (CREYMEX S.A. DE C.V.) CREYMEX S.A. DE C.V. LAGUNA DE CHAMPAYAN
NTE. #186 FRACC. LAGUNAS DE MIRALTA EN ALTAMIRA, 89605 TAMPS. MEXICO. TEL: +52-833-224-2527 FAX: +52-833-224-2552 |
|
Subsidiary |
CAMBODIA-BITUS (BITUS PLC.) BITUS PLC. 4F OF BUILDING N 66, NORODOM BLVD,
SANGKAT CHEY CHOMNAS, KHAN DAUM PENH, PHNOM PENH, KINGDOM OF CAMBODIA TEL: +855-23-990-380 FAX: +855-23-990-381 CHINA-NANJING CO. LTD.(100.0% held by the subject company) SKEC(NANJING) CO.LTD. ROOM F 8TH FLOOR INVESTMENT BUILDING NO. 414
SOUTH ZHONG SHAN ROAD, NANJING, CHINA (POSTCODE : 210006) TEL: +86-25-8470-1223 FAX: +86-25-8470-1809 BETEK CORPORATION (100.0% held by the
subject company) 620, NEWPORT CENTER DRIVE, SUITE 220,
NEWPORT BEACH, CA 92660, U.S.A TEL : +1-949-706-7611 FAX : +1-949-706-7786 PENTA PORT DEVELOPMENT CO., LTD. (20.10% held by the subject company) LEVIATHAN ASSET.CO.,LTD(180111-0612027) (99.0% held by the subject company) |
|
Corporate Ownership |
SK C&C CO., LTD.(110111-0769583) SK HOLDINGS CO., LTD.(110111-0022816) |
|
Major Shareholders |
SK HOLDINGS CO., LTD.(110111-0022816) |
|
Sales/ Unit :Mil KRW |
03/2012 |
2011 |
2010 |
|
Export |
1,101,907 |
2,807,488 |
1,571,350 |
|
Domestic |
686,203 |
3,586,979 |
3,081,269 |
|
Total |
1,788,110 |
6,394,467 |
4,652,619 |
The Subject deals
with the companies in USA, China, Vietnam and Mexico.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
International Chamber of Commerce |
CONPROCA, SIEMENS and the
Subject Company |
PEMEX |
Claim for Receivables |
US$ 191,728,000 |
Proceeding |
|
|
|
Choi Byung-Ryul & Others(45) |
The Subject Company & Others(2) |
Claim for Damages |
2,004,000,000 |
Proceeding |
|
|
|
Incheon City Development Corporation |
The Subject Company & Others(20) |
Confirmation |
34,683,300,000(The Subject : 5,400,000,0000 |
Proceeding |
|
2007Kahap 3011 |
Busan District Court |
Choi Jung-Won & Others(1,290) |
Moosong Eng Corporation(110111-0823272) & The Subject Company |
Claim for Damages |
28,205,220,000 |
Proceeding |
|
2008Na 50495 |
Seoul High Court |
Namsan Town Residential Representatives Association |
The Subject & Seoul guarantee insurance company(110111-0099774) |
Claim for Damages |
2,000,000,000 |
Proceeding |
|
2007Kahap 2253 |
Suwon District Court-Pyungtaik Branch |
Lee Soon-Bok & Others(2) |
The Subject & Others(3) |
Claim for Damages |
2,785,783,000 |
Proceeding |
|
2009 NA11501 |
- |
Shin Dong-Woo & Others(845) |
The Subject |
Claim for Damages |
109,433,609,000 |
|
|
2008Na 1040 |
Busan High Court |
Kim Boon-Nam & Others(96) |
The Subject & Others(1) |
Refund on Lotting Amount |
8,827,373,000 |
The Subject won at 1st round. 2nd Round
Proceeding |
|
2007Kahap 63572 |
Seoul Central District Court |
Bucheon Sosa SK View Residential Representatives Association |
The Subject & Others(1) |
Claim for Repairing |
4,045,882,000 |
Proceeding |
There are 112 cases
filed as Defendant(s)/ Debtor(s)/ Respondent(s) amounting 177,200,000,000 KRW
including the above cases.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.34 |
|
|
1 |
Rs.86.45 |
|
Euro |
1 |
Rs.68.04 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.