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Report Date : |
14.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
AB INDUSTRIES CO., LTD. |
|
|
|
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Registered Office : |
240-21, Yeomchang-dong, Gangseo-gu, |
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Country : |
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Date of Incorporation : |
24.06.1996 |
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Com. Reg. No.: |
114-81-72796 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Weaving of Cotton Fabrics |
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No. of Employees : |
09 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
AB INDUSTRIES
CO., LTD. (Korean Company
Name : “에이비산업(주)”) |
|
Registered Address |
240-21, Yeomchang-dong, Gangseo-gu, |
|
Building |
B-1408, Woolim Blue9 |
|
Zip Code |
157-779 |
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Tel |
+82-2-3442-6912 |
|
Fax |
+82-2-3442-6914 |
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E-mail |
|
|
Trading Address |
B-1408, Woolim Blue9 Business Center, 240-21,
Yeomchang-dong, Gangseo-gu, |
|
Tel |
+82-2-3442-6912 |
|
Fax |
+82-2-3442-6914 |
|
Other Address |
46, |
|
Type |
Export |
|
Industry |
Weaving of Cotton Fabrics |
|
Main Business |
Cotton Fabrics, Polyester Fabrics |
|
Established (mm/dd/yyyy) |
06/24/1996 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Fabrics and leather
materials(11160000) |
|
Sell |
Synthetic fabrics(11161800) |
|
Name |
Lee Dong-Han |
|
Address |
755-3, Seongmo-ri,
Yangchon-myeon, Gimpo-si, |
|
Date of Birth |
05/01/1964 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
50,000,000 |
|
Employees |
9 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
Hana Bank-Nonhyun Branch |
|
Corporate Registered No. |
110111-1286487 |
|
Business Registered No. |
114-81-72796 |
|
Permit & Licenses |
Int’l Trade No.: 11348443 |
|
Shareholder Position |
N/A |
|
Company History |
06/24/1996 Incorporated as the present name 12/12/2008 Moved to the present HQ address
from 707-7, Banpo-dong, Seocho-gu, |
|
|
|
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Lee Dong-Han |
Male |
Korean |
12/21/2004 |
|
Outside Director |
Mr. |
Park Jung-Min |
Male |
Korean |
12/12/2008 |
|
Director |
Mr. |
Cho Sang-Eun |
Male |
Korean |
12/12/2011 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
7,265,000,000 |
2,133,000,000 |
116,000,000 |
|
|
2010 |
7,394,000,000 |
2,467,000,000 |
50,000,000 |
|
2009 |
7,643,000,000 |
2,255,000,000 |
192,000,000 |
|
2008 |
6,958,160,000 |
|
41,350,000 |
|
2007 |
5,852,970,000 |
|
122,460,000 |
The financials are
not available, and the Subject Company does not have any obligations to release
its financials to the public.
|
Authorized Capital(KRW) |
200,000,000 |
|
Paid-Up Capital(KRW) |
50,000,000 |
|
Total Issued Shares |
10,000 |
|
Main Products & Services |
Cotton Fabrics, Polyester Fabrics |
|
Competitors |
AMMI CO., LTD. 62-12, SINDANG 5-DONG, JUNG-GU, TEL:+82-2-2238-8046 FAX:+82-2-2232-5887 SINAN TRADING CO., LTD. RM. 901, SINCHANG VIVA FAMILY, 232-1,
YONGDAP-DONG, SEONGDONG-GU, TEL:+82-2-2248-7165 FAX:+82-2-2248-7177 SM CORPORATION 1ST FL., 879-3, DOKSAN 3-DONG,
GEUMCHEON-GU, TEL:+82-2-867-6805 FAX:+82-2-867-6806 |
(Activity &
Markets)
The Subject exports
to
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.70 |
|
|
1 |
Rs.86.28 |
|
Euro |
1 |
Rs.68.15 |
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 |
||