MIRA INFORM REPORT

 

 

Report Date :

18.07.2012

 

IDENTIFICATION DETAILS

 

Name :

HYUNDAI ENGINEERING CO., LTD.

 

 

Registered Office :

2nd Fl., Hyundai 41 Tower 917-9, Mok 1-dong, Yangcheon-gu, Seoul, Korea 158-723

 

 

Country :

South Korea

 

 

Financials (as on) :

31.03.2012

 

 

Date of Incorporation :

17.01.2001

 

 

Com. Reg. No.:

101-81-66755

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Civil Engineering Services

 

 

No. of Employees :

2,311

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

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

Basic Information

 

Company Name

HYUNDAI ENGINEERING CO., LTD.

(Korean Company Name : “현대엔지니어링(주)”)

Registered Address

917-9, Mok 1-dong, Yangcheon-gu, Seoul, Korea

Building

2nd Fl., Hyundai 41 Tower

Zip Code

158-723

Tel

+82-2-2166-8114

Fax

+82-2-2647-8004

E-mail

hrlee@hec.co.kr;johnlee@hec.co.kr

Website

www.hec.co.kr

Trading Address

2~5 Fl., Hyundai 41 Tower, 917-9, Mok 1-dong, Yangcheon-gu, Seoul, Korea

Tel

+82-2-2166-8114

Fax

+82-2-2647-8004

Other Address-Process Plant Division

CBS Bldg., 917-1, Mok-dong, Yangcheon-gu, Seoul, Korea

Other Address-Industrial Plant Division

Hyundai Dream Tower, 923-14, Mok-dong, Yangcheon-gu, Seoul, Korea

Other Address-Power & Energy Plant Division

Hana Plaza, 905-34, Mok-dong, Yangcheon-gu, Seoul, Korea

Other Address-Process Plant Division

KT Bldg., 918-1, Mok-dong, Yangcheon-gu, Seoul, Korea

Other Address-R&D Center

Broadcasting Hall, 923-5, Mok-dong, Yangcheon-gu, Seoul, Korea

Type

Export/Import

Industry

Civil Engineering Services

  Main Business

Plant Engineering

Established (mm/dd/yyyy)

01/17/2001

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Architectural engineering(81101508)

-Project development, feasibility studies, consulting, basic and detailed engineering, procurement, construction, construction supervision and operation & maintenance.

Sell

Sludge or sewage removal equipment(47101539)

-Single-sludge system consisting of biological reactor, i.e. Anoxic, Anaerobic & Exhaust reactor

 

 

CEO’s

 

Name

Kim Wui-Cheol

Address

Suite 103-1005, 413-1, Pungnap-dong, Songpa-gu, Seoul, Korea

Date of Birth

07/29/1955

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

20,215,000,000

Employees

2,311

Formation

Co., Ltd by shares

A Company of HYUNDAI MOTOR GROUP

Bank Details

Korea Exchange Bank-Mok Dong Branch

Hana Bank

Corporate Registered No.

110111-2153015

Business Registered No.

101-81-66755

Permit & Licenses

03/03/2004 ISO 9001

03/03/2004 ISO 14001

01/2009 OHSAS 18001

 

Int’l Trade No.: 11882758

Shareholder Position

Name

Shares

%

HYUNDAI ENGINEERING & CONSTRUCTION CO., LTD.(110111-0007909)

2,933,000

72.55

EMPLOYEE STOCK OWNERSHIP ASSOCIATION

390,038

9.65

KOREA DEVELOPMENT BANK(110135-0000937)

300,000

7.42

OTHERS

419,962

10.39

TOTAL

4,043,000

100.00

Company History

01/17/2001 Incorporated as the present name after spin-off from HYUNDAI ENGINEERING & CONSTRUCTION CO.,LTD.(110111-0007909)

01/26/2001 Increased the authorized shares to 10,000,000 shares from 40,000 shares

06/21/2001 Moved to the present HQ address from 178, Sejongno, Jongno-gu, Seoul, Korea

03/14/2007 Increased the authorized shares to 20,000,000 shares from 10,000,000 shares

12/19/2007 Increased capital to 20,215,000,000 KRW from 18,900,000,000 KRW

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Date of Birth

President & CEO

Mr.

Kim Wui-Cheol

Male

Korean

1955.07.29

Director

Mr.

Kim Ok-Cheol

Male

Korean

1952.07.25

Director

Mr.

Choi Min-Tak

Male

Korean

1962.11.09

Director

Mr.

Jung Soo-Hyun

Male

Korean

1952.09.17

Director

Mr.

Kim Jong-Ho

Male

Korean

1953.02.13

Director

Mr.

Kang Soon-Moon

Male

Korean

1964.04.05

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

(*)03/2012

370,105,100,784

1,413,709,107,465

30,157,039,509

(*)2011

1,662,886,050,958

1,332,239,934,469

158,220,804,219

(*)2010

1,237,177,835,897

1,143,015,929,174

131,293,900,078

2009

1,101,680,076,923

608,971,067,672

103,370,244,245

2008

752,738,609,272

431,892,948,057

76,835,942,385

2007

371,982,747,055

227,388,353,420

24,470,809,996

2006

239,703,597,568

157,941,945,527

12,972,911,548

2005

199,239,376,304

119,944,807,308

9,168,379,880

2004

184,153,420,221

105,109,369,198

7,079,328,379

(*)Figures are based on the K-IFRS Accounting System.

 

 

Financial Description

 

Authorized Capital(KRW)

100,000,000,000

Paid-Up Capital(KRW)

20,215,000,000

Total Issued Shares

4,043,000

 

 

Balance Sheet

 

Unit : Korean Won

01/01/2012~03/31/2012

As of 12/31/2011

As of 12/31/2010

Total Assets

1,413,709,107,465

1,332,239,934,469

 

Current Assets

1,235,216,103,250

1,155,692,987,287

 

Cash & Cash Equivalents

510,984,589,784

453,345,333,458

 

Current Financial Instruments

65,000,000,000

32,000,000,000

 

Trade Receivables

156,766,334,845

173,297,676,885

 

Other Recivables-Construction

395,782,414,013

402,326,857,720

 

Other Receivables

11,556,759,846

10,515,795,805

 

Inventories

813,179,584

860,710,597

 

Other Current Assets

94,312,825,178

83,346,612,822

 

Non-Current Assets

178,493,004,215

176,546,947,182

 

Non-Current Financial Instruments

40,252,340,635

43,990,372,250

 

Marketable Financial Instruments

5,184,099,343

5,251,640,343

 

Investment_Subsidiaries

2,448,984,584

2,448,984,584

 

Other Non-Current Assets

72,206,245,744

67,851,820,517

 

Tangibles

44,305,307,834

42,890,835,189

 

Intangibles

8,677,773,407

9,031,039,835

 

Deferred Income Tax Assets

5,418,252,668

5,082,254,464

 

Total Liabilities

857,974,404,510

805,533,936,573

 

Current Liabilities

847,335,159,218

795,318,606,066

 

Trade Payables

205,813,861,984

291,993,097,633

 

Other Payables

46,435,205,377

29,274,449,464

 

Advance Receipts

385,208,900,194

307,394,675,795

 

Other Payables-Construction

165,875,014,115

127,202,871,978

 

Accrued Income Tax

37,057,828,670

34,935,777,583

 

Other Current Liabilities

6,944,348,878

4,517,733,613

 

Non-Current Liabilities

10,639,245,292

10,215,330,507

 

Debentures

10,000,000

10,000,000

 

Other Payables

6,824,024,473

6,364,497,518

 

Provisions

3,805,220,819

3,840,832,989

 

Capital Stock

20,215,000,000

20,215,000,000

 

Capital Surplus

2,227,597,908

2,227,597,908

 

Others

1,253,492,571

1,155,317,169

 

Profit Surplus

532,038,612,476

503,108,082,819

 

Total Equity

555,734,702,955

526,705,997,896

 

Liab. & Shareholder’s Equity

1,413,709,107,465

1,332,239,934,469

 

 

 

Income Statement

 

Unit : Korean Won

01/01/2012~03/31/2012

As of 12/31/2011

As of 12/31/2010

Sales

370,105,100,784

 

 

Cost of Sold Goods

325,039,453,379

 

 

Gross Profit

45,065,647,405

 

 

Selling & Admin. Expenses

16,648,013,046

 

 

Other Operating Income

11,276,315,616

 

 

Other Operating Expenses

10,744,578,145

 

 

Operating Income

28,949,371,830

 

 

Finance Income

7,393,860,268

 

 

Finance Expenses

2,563,129,464

 

 

Income Before Taxes

33,780,102,634

 

 

Income Taxes Expenses

3,623,063,125

 

 

Net Income

30,157,039,509

 

 

 

 

Cash Flows

 

Unit : Korean Won

01/01/2012~03/31/2012

As of 12/31/2011

As of 12/31/2010

Operating Activities Cash Flows

94,285,985,345

 

 

Cash Flows from Operating

92,674,849,059

 

 

Interests Received

2,654,617,478

 

 

Dividends Received

30,000,000

 

 

Interests Paid

-117,500

 

 

Income Taxes

-1,073,363,692

 

 

Cash Flows from Investing

-35,809,071,670

 

 

Cash Inflow from Investing

12,442,910,936

 

 

Cash Outflows for Investing

-48,251,982,606

 

 

Cash Flows from Financing

-

 

 

Cash Inflows from Financing

-

 

 

Cash Outflows from Financing

-

 

 

Increase/Decrease in Cash

58,476,913,675

 

 

Cash at the Beginning of Year

453,345,333,458

 

 

Cash at the End of Year

510,984,589,784

 

 

 

 

Products, Technologies, Services Description

 

Main Products & Services

PROCESS PLANT

Upstream Oil & Gas

LNG Facilities

Oil Refinery

Petrochemical

Offshore Facilities

Fertilizer and Chemicals

Oil Terminal

 

POWER & ENERGY PLANT

Combined Cycle Power Plant

Thermal Power Plant

Cogeneration Power Plant

Nuclear Power Plant

Transmission & Substation

Geothermal & Wind Power Plant

Hydro, Tidal & Pumped Storage Power Plant

Diesel Power Plant

 

INDUSTRIAL PLANT

Plant & Architecture

Steel Mill & Metal Plant

Cement, Food Processing & Industrial Facility

Automobile Plant

Logistics System

Shipyard

Environmental & New Industries

 

INFRASTRUCTURE

Transportation(Road, Subway, Harbor, Airport)

Structures

Urban Planning & Development

Water Resource

Groundwater

 

ENVIRONMENT

Water Treatment

Waste Treatment

Water Quality Management

Environmental Impact Assessment

 

 

Trade Partners & Competitors

 

Suppliers

CITIGROUP CAPITAL KOREA, INC.(110111-0175087) provides the Machinery Leasing Services to the subject company.

Customers

HYUNDAI ENGINEERING & CONSTRUCTION CO., LTD.(110111-0007909)

DAESAN MMA CORPORATION(161411-0016995)

HYUNDAI OIL REFINERY CO., LTD.(110111-0090558)

POSCO ENGINEERING & CONSTRUCTION  CO., LTD.(174611-0002979)

KOREA WESTERN POWER CO., LTD.(110111-2207177)

 

PTT CHEMICAL PUBLIC COMPANY LIMITED

DYNATEC MADAGASCAR S.A.

NATIONAL TRANSMISSION CORP.

ARABIAN AMINES COMPANY

VIETNAM OIL AND GAS CORPORATION

TRANSCO

KNLOC

NAFTEC S.P.A

Competitors

SAMSUNG ENGINEERING CO., LTD.

SAMSUNG SEI TOWER, 467-14, DOGOK 2-DONG, GANGNAM-GU, SEOUL, KOREA

TEL:+82-2-3458-3000  FAX:+82-2-3458-4006

 

DAEWOO ENGINEERING COMPANY

9-3, SUNAE-DONG, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA

TEL:+82-31-738-0114  FAX:+82-31-738-0115

 

KOREA PLANT SERVICE & ENGINEERING CO., LTD.

196, GEUMGOK-DONG, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA

TEL:+82-31-710-4114  FAX:+82-31-710-4269

 

Related Parties

(Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates-Domestic

HYUNDAI MOTOR COMPANY(110111-0085450)

KIA MOTORS CORPORATION(110111-0037998)

HYUNDAI MOBIS CO., LTD.(110111-0215536)

HYUNDAI AUTONET CO., LTD.(134411-0015057)

DYMOS INC.(161411-0008562)

KEFICO(110111-0543169)

HYUNDAI POWERTECH CO., LTD.(161411-0009403)

WORLD INDUSTRIES ACE CORP.(194211-0000125)

WISCO(194211-0000084)

METIA CORPORATION(194211-0000068)

IHL CORPORATION(171211-0007722)

AUTOMOBILE INDUSTRIAL ACE CO., LTD.(135011-0029352)

M. SEAT CO., LTD.(110111-2410366)

PARTECS CO., LTD.(161411-0015955)

SAMWOO CO., LTD.(134511-0003480)

HYUNDAI HYSCO(110111-0302416)

HYUNDAI STEEL COMPANY(120111-0001743)

BNG STEEL CO., LTD.(110111-0065395)

HMC INVESTMENT SECURITIES CO., LTD.(110111-0019962)

HYUNDAI CAPITAL SERVICES, INC.(110111-0995378)

HYUNDAI COMMERCIAL INC.(110111-3646697)

HYUNDAI CARD CO., LTD.(110111-0377203)

HAEVICHI RESORT CO., LTD(224111-0006681)

HAEVICHI COUNTRY CLUB CO., LTD.(110111-0616049)

GLOVIS CO., LTD.(110111-2177388)

AUTOEVER SYSTEMS CORPORATION(110111-1935638)

M&SOFT CO., LTD.(110111-1620239)

N.G.V(110111-2094201)

CARNES CO., LTD.(134111-0134001)

HYUNDAI-ROTEM COMPANY(194211-0036336)

SEOUL METRO LINE NINE CORPORATION(110111-3134048)

MAINTRANS COMPANY(110111-3920520)

KIA TIGERS CO., LTD.(200111-0003883)

ASSET MANAGEMENT CO., LTD(110111-2622242)

INNOCEAN WORLDWIDE INC(110111-3229097)

CORENTEC. CO., LTD.(110111-1983653)

JONGRO HAKPYUNG CO., LTD.(110111-0171225)

JONGRO ACADEMY(110111-0109060)

Affiliates-Overseas

HYUNDAI MOTOR INDIA LTD.

HYUNDAI-ASSAN OTOMOTIV SANAYI VE TICARET A.S.

BEIJING HYUNDAI MOTOR COMPANY

BEIJING JINXIAN MOTOR SAFEGUARD SERVICE CO., LTD

HYUNDAI TRANSLEAD

HYUNDAI MOTOR MANUFACTURING ALABAMA

STAMPED METAL AMERICAN RESEARCH TECHNOLOGY, INC

HYUNDAI MOTOR POLAND

HYUNDAI MORTOR COMPANY AUSTRALIA PTY LTD.

HYUNDAI MOTOR JAPAN CO., LTD

HYUNDAI MOTOR AMERICA, INC.

HYUNDAI MOTOR FINANCE COMPANY

WORLD MARKETING GROUP

HYUNDAI MOTOR EUROPE GMBH

HYUNDAI AUTO CANADA CAPTIVE INSURANCE LTD

GLOBAL ENGINE ALLIANCE LLC

GLOBAL ENGINE MANUFACTURING ALLIANCE LLC

HYUNDAI AMERICA TECHNICAL CENTER INC.

HYUNDAI MOTOR JAPAN R&D CENTER INC.

HYUNDAI DE MEXICO S.A.

HYUNDAI RIO VISTA, INC

CHINA MILLENNIUM CORPORATION Ⅰ

CHINA MILLENNIUM CORPORATION Ⅱ

CHINA MILLENNIUM CORPORATION Ⅲ

BEIJING HINES MILLENIUM REAL ESTATE DEVELOPMENT CO.

HYUNDAI MOTOR GROUP (CHINA) LTD

HYUNDAI MOTOR HUNGARY

HYUNDAI MOTOR EUROPE TECHNICAL CENTER GMBH

HYUNDAI MOTOR NORWAY AS

HYUNDAI INFORMATION SERVICE NORTH AMERICA

HYUNDAI MOTOR UK LIMITED

KIA MOTORS AMERICA INC.

KIA CANADA INC.

KIA MOTORS DEUTSCHLAND GMBH

KIA MOTORS EUROPE GMBH.

KIA MOTORS POLSKA SP.Z O.O.

Affiliates-Overseas

KIA MOTORS UNITED KINGDOM LTD

KIA MOTORS AUSTRIA GMBH

KIA MOTORS BELGIUM GMBH

KIA MOTORS HUNGARY GMBH

KIA MOTORS CZECH GMBH

KIA MOTORS SWEDEN AB(KMSW)

KIA MOTORS IBERIA S.L(KMIB)

KIA MOTORS FRANCE SAS

KIA MOTORS SLOVAKIA S.R.O(KMS)

DONGFENG YUEDA KIA MOTOR CO., LTD

KIA JAPAN CO., LTD.

KIA MOTORS AUSTRALIA PTY LTD

KIA MOTORS SALES SLOVENSKO S.R.O

KIA MOTORS NEW ZEALAND LTD

SHANGHAI HYUNDAI MOBIS AUTOMOTIVE PATRS CO., LTD.

JIANGSU MOBIS AUTOMOTIVE PARTS CO., LTD.

BEIJING HYUNDAI MOBIS AUTOMOTIVE PARTS CO., LTD.

BEIJING MOBIS TRANSMISSION CO., LTD.

MOBIS AMERICA INC.

GUANG DONG HYUNDAI MOBIS CO., LTD.

HYUNDAI MOTOR (SHANGHAI) CO., LTD

MOBIS PARTS EUROPE N.V.

MOBIS PARTS DEUTSCHLAND GMBH

MOBIS PARTS, MIDDLE EAST FREE ZONE ESTABLISHMENT

BEIJING MOBIS CHONCHE AUTOMOTIVE PARTS CO., LTD.

MOBIS SLOVAKIA S.R.O

MOBIS PARTS AUSTRALIA PTY LTD.

BEIJING HYUNDAI MOBIS PARTS CO., LTD

MOBIS PARTS IBERIA S.L.

MOBIS PARTS CIS

MOBIS PARTS JIANGSU YUEDA TRADING CO., LTD.

AMERICAN AUTOPARTS, INC.

OHIO MODULE MANUFACTURING CO., LLC

MOBIS INDIA LIMITED

HYUNDAI MOBIS(HONGKONG) CO.,LTD

MOBIS ALABAMA, LLC

MOBIS PARTS AMERICA, LLC

MOBIS PARTS DETROIT, LLC

WUXI MOBIS AUTOMOTIVE AUTOPARTS CO.,LTD

QINGDAO HYUNDAI MACHINERY CO.,LTD.

HYUNDAI PIPE OF AMERICA, INC.

BEIJING HYUNDAI HYSCO STEEL PROCESS CO., LTD.

HYSCO AMERICA COMPANY, INC.

HYSCO SLOVAKIA,S.R.O

HYUNDAI AUTONET AMERICA

ROTEM USA CORPORATION

HYUNDAI-KIA MACHINE AMERICA CORPRATION

WIA AUTOMOTIVE PARTS CO., LTD

HYUNDAI-KIA MACHINE EUROPE GMBH

GLOVIS AMERICA, INC.

GLOVIS ALABAMA, LLC.

GLOVIS SLOVAKIA, S. R. O

GLOVIS AUSTRALIA PTY.LTD

Affiliates-Overseas

GLOVIS EUROPE GMBH

GLOVIS INDIA PRIVATE LIMITED

GLOBAL AUTO PROCESSING SERVICES, INC

BNG STEEL JAPAN CORP.

BNG STEEL GMBH

AMCO AMERICA, INC

AMCO INDIA CONSTRUCTION PRIVATE, LTD

BEIJING LEAR DYMOS AUTOMOTIVE SYSTEMS CO., LTD

INNOCEAN WORLDWIDE COMMUNICATION PRIVATE LIMITED

JIANGSU HYUNDAI HYSCO STEEL PROCESS CO., LTD

HYSCO STEEL INDIA., LTD

INNOCEAN WORLDWIDE UK LIMITED

EUROTEM

HYUNDAI MOTOR MANUFACTURING CZECH, S.R.O.

AUTOEVER SYSTEMS INDIA PRIVATE LIMITED

ROTEM EQUIPMENTS (BEIJING) CO., LTD.

MOBIS ALABAMA INSTRUMENT PANEL, LLC

AUTOEVER SYSTEMS CHINA CO.,LTD.

KIA MOTORS MANUFACTURING GEORGIA, INC.

HMCIS B.V.

AUTOEVERSYSTEMS EUROPE GMBH

HYUNDAI MOTOR INDIA ENGINEERING

DYMOS CZECH REPUBLIC S.R.O

HYUNDAI AUTO CANADA CORP.

MOBIS AUTOMOTIVE CZECH S.R.O.

HYUNDAI MOTOR CIS LLC

MOBIS PARTS BRAZIL INTERMEDIACAO DE NEGOCIOS LTDA

HYUNDAI AUTONET INDIA ENGINEERING PRIVATE LIMITED

HYSCO CZECH S.R.O

AMCO CAMBODIA CO.,LTD.

GLOVIS LOGISTICS LTD.

GLOVIS CZECH REPUBLIC S.R.O.

INNOCEAN WORLDWIDE EUROPE GMBH

MOBIS GEORGIA, LLC

GLOVIS GEORGIA, LLC

GLOVIS HONG KONG CO.,LTD

Affiliates-Overseas

KIA MOTORS UNITED KINGDOM LTD

KIA MOTORS AUSTRIA GMBH

KIA MOTORS BELGIUM GMBH

KIA MOTORS HUNGARY GMBH

KIA MOTORS CZECH GMBH

KIA MOTORS SWEDEN AB(KMSW)

KIA MOTORS IBERIA S.L(KMIB)

KIA MOTORS FRANCE SAS

KIA MOTORS SLOVAKIA S.R.O(KMS)

DONGFENG YUEDA KIA MOTOR CO., LTD

KIA JAPAN CO., LTD.

KIA MOTORS AUSTRALIA PTY LTD

KIA MOTORS SALES SLOVENSKO S.R.O

KIA MOTORS NEW ZEALAND LTD

SHANGHAI HYUNDAI MOBIS AUTOMOTIVE PATRS CO., LTD.

JIANGSU MOBIS AUTOMOTIVE PARTS CO., LTD.

BEIJING HYUNDAI MOBIS AUTOMOTIVE PARTS CO., LTD.

BEIJING MOBIS TRANSMISSION CO., LTD.

MOBIS AMERICA INC.

GUANG DONG HYUNDAI MOBIS CO., LTD.

HYUNDAI MOTOR (SHANGHAI) CO., LTD

MOBIS PARTS EUROPE N.V.

MOBIS PARTS DEUTSCHLAND GMBH

MOBIS PARTS, MIDDLE EAST FREE ZONE ESTABLISHMENT

BEIJING MOBIS CHONCHE AUTOMOTIVE PARTS CO., LTD.

MOBIS SLOVAKIA S.R.O

MOBIS PARTS AUSTRALIA PTY LTD.

BEIJING HYUNDAI MOBIS PARTS CO., LTD

MOBIS PARTS IBERIA S.L.

MOBIS PARTS CIS

MOBIS PARTS JIANGSU YUEDA TRADING CO., LTD.

AMERICAN AUTOPARTS, INC.

OHIO MODULE MANUFACTURING CO., LLC

MOBIS INDIA LIMITED

HYUNDAI MOBIS(HONGKONG) CO.,LTD

MOBIS ALABAMA, LLC

MOBIS PARTS AMERICA, LLC

MOBIS PARTS DETROIT, LLC

WUXI MOBIS AUTOMOTIVE AUTOPARTS CO.,LTD

QINGDAO HYUNDAI MACHINERY CO.,LTD.

HYUNDAI PIPE OF AMERICA, INC.

BEIJING HYUNDAI HYSCO STEEL PROCESS CO., LTD.

HYSCO AMERICA COMPANY, INC.

HYSCO SLOVAKIA,S.R.O

HYUNDAI AUTONET AMERICA

ROTEM USA CORPORATION

HYUNDAI-KIA MACHINE AMERICA CORPRATION

WIA AUTOMOTIVE PARTS CO., LTD

HYUNDAI-KIA MACHINE EUROPE GMBH

GLOVIS AMERICA, INC.

GLOVIS ALABAMA, LLC.

GLOVIS SLOVAKIA, S. R. O

GLOVIS AUSTRALIA PTY.LTD

Overseas Office

HEC HEADQUARTERS

HYUNDAI ENGINEERING CO., LTD.

HYUNDAI 41 TOWER, 917-9 MOK-DONG,YANGCHEON-GU, SEOUL, KOREA

TEL:+82-2-2166 – 8114 FAX:+82-2-2166-8118

 

OMAN BRANCH OFFICE

HYUNDAI ENGINEERING CO., LTD. MUSCAT BRANCH

P.O.BOX:2463, PC 112, RUWI, SULTANATE OF OMAN

TEL:+968-2-481 – 4081 FAX:+968-2-481-6017

 

ABU DHABI BRANCH OFFICE

HYUNDAI ENGINEERING CO., LTD. ABU DHABI BRANCH OFFICE

P.O.BOX :130365, M-1, LULU BINT, RASHED BUILDING, TOURIST CLUB STREET, ABU DHABI, U.A.E.

TEL:+971-2-643-0005 FAX:+971-2-643-0207

 

VIETNAM #1

PERTOVIETNAM INVESTMENT CONSULTANCY & ENG. JOINT STOCK CO (PVE)

4TH FLOOR GI BLOCK, THANH DA HOTEL, WARD 27, BINH THANH DISTRICT, HO CHI MINH CITY, VIETNAM

TEL:+84-4-898 – 6582 FAX:+84-8-898-6583

 

VIETNAM #2

LHT INTERNATIONAL ENGINEERING JOINT STOCK COMPANY (LHT)

(30.0% held by the subject company)

NO. 124 MINH KHAI, HAI BA TRUNG DISTRICT, HANOI, VIETNAM

TEL:+84-4-863 – 5284 FAX:+84-4-624-2526

 

THAILAND

HYUNDAI ENGINEERING (THILAND) CO., LTD.

(49.0% held by the subject company)

1010 SHINAWATRA TOWER 111, 10TH FLOOR, ROOM 1004, VIPHAVAGI TANGSIT RD, CHATUCHAK, BANGKOK, 10900, THAILAND

TEL:+66-2-949-2841 ~ 2 FAX:+66-2-966-2779

 

INDONESIA BRANCH OFFICE #1

HYUNDAI ENGINEERING CO.,LTD. BATAM BRANCH

JI. TRANS BARELANG KM 3.5 TEMBESI, BATUAJI, BATAM, INDONESIA 29438

TEL:+62-778-365 – 888 FAX:+62-778-361-234

 

INDONESIA #2

PT. HYUNDAI ENGINEERING INDONESIA

(95.0% held by the subject company)

BRI II BUILDING, 21ST FLOOR, SUITE 2103A JL. JEND. SUDIRMAN KAU. 44-46, JAKRTA 10210, INDONESIA

TEL:+62-21-571-3441/3443 FAX:+62-21-571-3444

 

PHILIPPINES BRANCH OFFICE

HYUNDAI ENGINEERING CO., LTD. MANILA BRANCH

UNIT 905, THE PEARL BANK CENTER, 146 VALERO STREET, SALCEDO VILLAGE MAKATI CITY, PHILIPPINES

TEL:+63-2-814 – 0152 FAX:+63-2-814-0153

Subsidiary

Hyundai Saudi Arabia Co.,Ltd

Hyundai Engineering Pakistan Pvt. Ltd

PT.HYUNDAI ENGINEERING INDONESIA

HEC Engineering India Pvt. Ltd

Corporate Ownership

HYUNDAI ENGINEERING & CONSTRUCTION CO., LTD.(110111-0007909)

Cooperative Enterprise

LEONHARDT-GERMANY

ORIENTAL CONSULTANTS-JAPAN

MNA-USA

VIVENDI WATER-FRANCE

 

-Insured Company

HYUNDAIMARINE&FIREINSURANCECO., LTD.(110111-0035893)

KYOBO LIFE INSURANCE CO., LTD.(110111-0014970)

 

 

Sales by Region

(Activity & Markets)

 

The Subject provides the services to Asia, USA and Middle East.

 

 

News Clipping

 

---

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.15

UK Pound

1

Rs.86.30

Euro

1

Rs.67.73

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.