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Report Date : |
22.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
PAPER TECH CO., LTD. |
|
|
|
|
Registered Office : |
477-13, Jukdong-dong, Gangseo-gu, |
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|
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Country : |
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|
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Date of Incorporation : |
22.07.2009 |
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|
|
|
Legal Form : |
Co., Ltd by Shares |
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|
|
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Line of Business : |
Wholesale of Other Industrial Machinery and Equipment |
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|
|
|
No. of Employees : |
Not Available |
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
PAPER TECH CO., LTD. (Korean Company Name : “페이퍼텍(주)’) |
|
Registered Address |
477-13, Jukdong-dong,
Gangseo-gu, |
|
Zip Code |
618-320 |
|
Tel |
+82-51-971-9748 |
|
Fax |
+82-51-971-9749 |
|
Trading Address |
477-13, Jukdong-dong,
Gangseo-gu, |
|
Tel |
+82-51-971-9748 |
|
Fax |
+82-51-971-9749 |
|
Type |
Export/Import |
|
Industry |
Wholesale of Other Industrial Machinery and Equipment |
|
Main Business |
Paper Machinery Parts, Felt, Canvas |
|
Established (mm/dd/yyyy) |
07/22/2009 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Felt(60121902) |
|
Sell |
Paper making and paper processing machinery
and equipment and supplies(23151900) |
|
Name |
Lee Sang-Won |
|
Address |
|
|
Date of Birth |
02/22/1951 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
200,000,000 |
|
Employees |
N/A |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
N/A |
|
Corporate Registered No. |
180111-0680470 |
|
Business Registered No. |
606-86-18***(The full 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 |
N/A |
|
Company History |
07/22/2009 Incorporated as the present name 07/27/2009 Moved to the present HQ address
from 1434, U-dong, Haeundae-gu, 08/12/2011 Increased capital to 200,000,000
KRW from 50,000,000 KRW |
|
|
|
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Lee Sang-Won |
Male |
Korean |
07/22/2009 |
|
Director |
Mr. |
Kim Yoo-Hwan |
Male |
Korean |
07/22/2009 |
|
Director |
Mr. |
Kang Bok-Yi |
Male |
Korean |
07/22/2009 |
|
Auditor |
M/S. |
Jung Hee-Sook |
Male |
Korean |
03/31/2012 |
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) |
200,000,000 |
|
Total Issued Shares |
20,000 |
|
Main Products & Services |
Paper Machinery Parts, Felt, Canvas |
|
Competitors |
KYUNGWHA TRADING CO., LTD. RM. 1707, SAMHEUNG BLDG., 705-9, YEOKSAM
1-DONG, GANGNAM-GU, TEL:+82-2-538-0011~6 FAX:+82-2-538-0017~8 TAE HEUNG INDUSTRIAL CO., LTD. 412-4, SUSEO-RI, GUNWI-EUP, GUNWI-GUN, TEL:+82-54-383-3753~4 FAX:+82-54-383-3755 DONGIL CANVAS ENGINEERING CO., LTD. 1280, SUWORAM-RI, SEOTAN-MYEON,
PYEONGTAEK-SI, TEL:+82-31-664-2641~3 FAX:+82-31-664-2644 |
(Activity &
Markets)
The Subject exports
to
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.42 |
|
|
1 |
Rs.88.45 |
|
Euro |
1 |
Rs.71.52 |
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.