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Report Date : |
25.07.2012 |
IDENTIFICATION DETAILS
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Name : |
DOOSUNG LOGISTICS MACHINERY CO., LTD. |
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Formerly Known As : |
DOOSUNG LM CO., LTD. |
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Registered Office : |
59-9, Samgye-ri, Cheongbuk-myeon, Pyeongtaek-si, |
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Country : |
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Date of Incorporation : |
24.06.2004 |
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Com. Reg. No.: |
140-81-01776 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesale of Construction and Mining Machinery and Equipment |
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No. of Employees : |
05 |
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 : |
Moderate |
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Payment Behaviour : |
Slow but Correct |
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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 |
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Risk Category |
ECGC
Classification |
|
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 |
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Company Name |
DOOSUNG
LOGISTICS MACHINERY CO., LTD. (Korean Company
Name : “(주)두성물류기계”) |
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Registered Address |
59-9, Samgye-ri, Cheongbuk-myeon,
Pyeongtaek-si, |
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Zip Code |
451-832 |
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Tel |
+82-31-684-2915 |
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Fax |
+82-31-684-2910 |
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E-mail |
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Website |
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Trading Address |
59-9, Samgye-ri, Cheongbuk-myeon,
Pyeongtaek-si, |
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Tel |
+82-31-684-2915 |
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Fax |
+82-31-684-2910 |
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Type |
Import |
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Industry |
Wholesale of Construction and Mining Machinery and Equipment |
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Main Business |
Forklift Trucks |
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Established (mm/dd/yyyy) |
06/24/2004 |
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Forklifts(24101603) |
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Name |
Mun Yong-Bo |
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Address |
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Date of Birth |
02/07/1953 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
600,000,000 |
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Employees |
5 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
Hana Bank-Shihwa Branch |
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Corporate Registered No. |
1355110-150793 |
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Business Registered No. |
140-81-01776 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
06/24/2004 Incorporated as DOOSUNG LM CO.,
LTD. 01/03/2006 Changed company name to the
present name 07/28/2008 Moved to the present HQ address
from 682, Jaan-ri, Bibong-myeon, Hwaseong-si, 12/28/2008 Increased the authorized shares
to 300,000 shares from 80,000 shares 12/30/2008 Increased capital to 600,000,000
KRW from 100,000,000 KRW |
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Mun Yong-Bo |
Male |
Korean |
03/02/2011 |
|
Director |
Mr. |
Baik Eun-Jin |
Male |
Korean |
03/02/2011 |
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Director |
M/S. |
Baik Hye-Jin |
Female |
Korean |
03/02/2011 |
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Auditor |
M/S. |
Han Kil-Sook |
Female |
Korean |
12/26/2005 |
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,821,000,000 |
5,072,000,000 |
30,000,000 |
|
|
2010 |
1,787,000,000 |
5,335,000,000 |
11,000,000 |
|
2009 |
1,594,000,000 |
4,950,000,000 |
-384,000,000 |
The full financials
are not available, and the Subject Company does not have any obligations to
release its financials to the public.
|
Authorized Capital(KRW) |
1,500,000,000 |
|
Paid-Up Capital(KRW) |
600,000,000 |
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Total Issued Shares |
120,000 |
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Main Products & Services |
Forklift Trucks |
|
Suppliers |
NICHIYU( |
|
Competitors |
VOLVO HYUNDAI HEAVY INDUSTRIES DONG MYUNG HEAVY INDUSTRIES |
(Activity & Markets)
The Subject imports
from
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.02 |
|
|
1 |
Rs.86.89 |
|
Euro |
1 |
Rs.67.84 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.