MIRA INFORM REPORT
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Report Date : |
02.01.2012 |
IDENTIFICATION DETAILS
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Name : |
FORTUNE POLYMER TRADING CORP. |
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Registered Office : |
559, Dohwa-dong,
Mapo-gu, Seoul, Korea Building, Rm.2709, Mapo Trapalace Zip Code 121-784 |
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Country : |
South Korea |
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Date of Incorporation : |
26.02.2009 |
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Com. Reg. No.: |
110111-4050920 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesales and Retails of Synthetic Resin
and Other Plastic Materials |
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No. of Employees
: |
2 |
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 : |
Small Company |
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Payment
Behaviour : |
No Complaints |
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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 |
FORTUNE POLYMER TRADING CORP. (Korean company Name : “(주)포춘폴리머”) |
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Registered Address |
559, Dohwa-dong,
Mapo-gu, Seoul, Korea |
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Building |
Rm.2709, Mapo
Trapalace |
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Zip Code |
121-784 |
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Tel |
+82-2-702-6535 |
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Fax |
+82-2-711-0664 |
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E-mail |
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Website |
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Trading Address |
Rm.2709,
Mapo Trapalace, 559, Dohwa-dong,
Mapo-gu, Seoul, Korea |
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Tel |
+82-2-702-6535 |
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Fax |
+82-2-711-0664 |
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Type |
Export/Import |
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Industry |
Wholesales and Retails of Synthetic Resin and
Other Plastic Materials |
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Main Business |
Petrochemicals Products |
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Established (mm/dd/yyyy) |
02/26/2009 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Compounded resin(13111037) |
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Sell |
Resins(13111000) |
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Sell |
Petroleum resins(13111060) |
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Sell |
Plastic resins(13111059) |
CEO’s
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Name |
Chang Hyun-Sung |
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Address |
Suite 8-502, 1028-1, Bangbae-dong,
Seocho-gu, Seoul, Korea |
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Date of Birth |
09/27/1954 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
100,000,000 |
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Employees |
2 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-4050920 |
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Business Registered No. |
105-87-28*** (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 |
02/26/2009 Incorporated as the present name 12/23/2009 Increased Capital to 100,000,000
KRW from 50,000,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Representative Director |
Mr. |
Chang Hyun-Sung |
Male |
Korean |
02/26/2009 |
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Auditor |
M/S. |
Lee Gam-Soon |
Female |
Korean |
02/26/2009 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2009 |
15,000,000,000 |
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The latest &
full 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) |
100,000,000 |
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Total Issued Shares |
20,000 |
Products, Technologies, Services Description
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Main Products & Services |
Petrochemicals Products |
Trade Partners & Competitors
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Competitors |
CRESCO CORPORATION LTD. RM. 407, GWANGHWAMUN OFFICIA, 163, SINMUNNO
1-GA, JONGNO-GU, SEOUL, KOREA TEL:+82-2-3276-3777 FAX:+82-2-3276-3779 SAMMIN CORPORATION RM. 408, DAEGWANG BLDG., 7-15, NONHYEON 1-DONG,
GANGNAM-GU, SEOUL, KOREA TEL:+82-2-547-2556 FAX:+82-2-547-2559 JUNGWOO CORPORATION 2ND FL., JEONG-U BLDG., 1552-8, SEOCHO
3-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-523-9661 FAX:+82-2-523-9671 |
Sales by Region
(Activity & Markets)
Not Available.
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 |
|
US Dollar |
1 |
Rs.53.27 |
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UK Pound |
1 |
Rs.82.09 |
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Euro |
1 |
Rs.68.90 |
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.