MIRA INFORM REPORT

Report Date :

11.07.2012

IDENTIFICATION DETAILS

Name :	BABY BUBBLE & COMPANY

Registered Office :	793-13, Yeonhui-dong, Seo-gu, Incheon, Korea, Rm.1201, Chungra Delight Tower, Zip Code 404-180

Country :	South Korea

Date of Incorporation :	Not Available

Com. Reg. No.:	119-17-27771

Legal Form :	Sole Proprietorship

Line of Business :	Wholesale of Shirts and Outer Garments

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	BABY BUBBLE & COMPANY (Korean Company Name : “베이비버블앤드컴퍼니”)
Registered Address	793-13, Yeonhui-dong, Seo-gu, Incheon, Korea
Building	Rm.1201, Chungra Delight Tower
Zip Code	404-180
Tel	+82-70-8291-7201
Fax	N/A
E-mail	help@babybubble.co.kr;hihi0314@gmail.com
Website	www.babybubble.co.kr
Trading Address	Rm.1201, Chungra Delight Tower, 793-13, Yeonhui-dong, Seo-gu, Incheon, Korea
Tel	+82-70-8291-7201
Fax	N/A
Type	Export/Import
Industry	Wholesale of Shirts and Outer Garments
Main Business	Clothes for Kids and Toddler, Accessories, Shoes
Established (mm/dd/yyyy)	N/A

Detailed Products

Activity	Detailed Products (UNSPSC)
Sell	Tshirts(53103000)
Sell	Slacks and trousers and shorts(53101500)
Sell	Mens suits(53101902)
Sell	Clothing(53100000)
Sell	Womens slacks or trousers or shorts(53101504)

CEO’s

Name	Cho Eun-Yi
Title	Owner
Sex	Female
Nationality	Korean

Profiles

Capital (KRW)	Not Applicable to the Sole Proprietorship
Employees	1
Formation	Sole Proprietorship
Bank Details	Woori Bank(A/C No.: 1002-539-794293)
Corporate Registered No.	Not Applicable to the Sole Proprietorship
Business Registered No.	119-17-27771
Permit & Licenses	N/A
Shareholder Position	The owner has 100% shares.
Company History	N/A Moved to the present HQ address from 1158-17, Hyoja-dong 2-ga, Wansan-gu, Jeonju-si, Jeonbuk, Korea

Management

Job Description	Title	Name	Sex	Nationality	Inauguration Date
Owner	M/S.	Cho Eun-Yi	Female	Korean

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

Clothes for Kids and Toddler, Accessories, Shoes

Trade Partners & Competitors

Competitors

SAM-A APPAREL CO., LTD.

RM. 301, SAMA BLDG., 301-1, JANGAN 4-DONG, DONGDAEMUN-GU, SEOUL, KOREA

TEL:+82-2-2249-5392~5 FAX:+82-2-2249-9422

JINSEO CO., LTD.

5TH FL., SAMYEONG BLDG., 637, SINSA-DONG, GANGNAM-GU, SEOUL, KOREA

TEL:+82-2-2140-6800 FAX:+82-2-511-0458

MORADO CO., LTD.

MORADO BLDG., 659-4, DEUNGCHON 3-DONG, GANGSEO-GU, SEOUL, KOREA

TEL:+82-2-3660-8800 FAX:+82-2-3661-8715

Sales by Region

(Activity & Markets)

Not Available.

Court Action

Not Available.

News Clipping

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.81
UK Pound	1	Rs.86.53
Euro	1	Rs.68.58

INFORMATION DETAILS

Report Prepared by :

MNL

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.