|
Report Date : |
28.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
MIAN BROTHERS CO. |
|
|
|
|
Registered Office : |
Rm.403, Hanyang Vill 221-6, Seokchon-dong,
Songpa-gu, Seoul, Korea 138-845 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Date of Incorporation : |
10.09.2003 |
|
|
|
|
Legal Form : |
Sole Proprietorship |
|
|
|
|
Line of Business : |
Wholesales of General Goods |
|
|
|
|
No. of Employees : |
1 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
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 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 |
|
Company
Name |
MIAN BROTHERS CO. (Korean Company Name : “미안브라더스”) |
|
Registered Address |
221-6, Seokchon-dong,
Songpa-gu, Seoul, Korea |
|
Building |
Rm.403, Hanyang Vill |
|
Zip Code |
138-845 |
|
Tel |
+82-10-8255-0786 |
|
Fax |
N/A |
|
Trading Address |
Rm.403, Hanyang Vill, 221-6, Seokchon-dong, Songpa-gu, Seoul, Korea |
|
Tel |
+82-10-8255-0786 |
|
Fax |
N/A |
|
Type |
Export/Import |
|
Industry |
Wholesales of General Goods |
|
Main Business |
CR, HR, Steel, Scrap, Cosmetics, Shoes,
Scarf, Muffler |
|
Established (mm/dd/yyyy) |
10/09/2003 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Steel(11101704) |
|
Sell |
Metal scrap(11191600) |
|
Name |
Shapraz Ali(Mobile : +82-10-8255-0786) |
|
Title |
Owner |
|
Sex |
Male |
|
Nationality |
Pakistan |
|
Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
|
Employees |
1 |
|
Formation |
Sole Proprietorship |
|
Bank Details |
N/A |
|
Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
|
Business Registered No. |
N/A. (The 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.) |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
The owner has 100% shares. |
|
Company History |
10/09/2003 Established as the present name |
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Shapraz Ali |
Male |
Pakistani |
10/09/2003 |
|
Manager |
M/S. |
Kim Mi-Ae |
Male |
Korea |
10/09/2003 |
The financials are
not available, and the Subject Company does not have any obligations to release
its financials to the public.
|
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 |
|
Main Products & Services |
General Goods |
|
Competitors |
B STEEL CORPORATION C-126, MARTWORLD, 520-1, GAMJEON-DONG,
SASANG-GU, BUSAN, KOREA TEL:+82-70-4384-5058 FAX:+82-70-4384-5060 SUNGHO STEEL CO., LTD. 823, CHIMSAN 1-DONG, BUK-GU, DAEGU, KOREA TEL:+82-53-356-3587 FAX:+82-53-351-7577 HAN MOO INC. RM. 724, SUSEO HYUNDAI VENTURE VILLE, 713,
SUSEO-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-3474-5154 FAX:+82-2-3474-5032 |
(Activity &
Markets)
The Subject deals
with the companies in in Pakistan.
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.41 |
|
|
1 |
Rs.86.93 |
|
Euro |
1 |
Rs.68.10 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.