MIRA INFORM REPORT

 

 

Report Date :

07.03.2012

 

IDENTIFICATION DETAILS

 

Name :

LG HAUSYS, LTD.

 

 

Registered Office :

IFC Bldg. 23, Yeouido-dong, Yeongdeungpo-gu, , Seoul, Korea 150-945

 

 

Country :

South Korea

 

 

Financials (as on) :

30.09.2011

 

 

Date of Incorporation :

02.04.2009

 

 

Com. Reg. No.:

107-87-18122

 

 

Legal Form :

Listed Company

 

 

Line of Business :

Manufacture of Plastic Windows and Doors

 

 

No. of Employees :

2,712

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Exists

 

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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

LG HAUSYS, LTD.

(Korean Company Name : “()엘지하우시스”)

Registered Address

23, Yeouido-dong, Yeongdeungpo-gu, , Seoul, Korea

Building

IFC Bldg.

Zip Code

150-945

Tel

+82-2-3777-1114

Fax

+82-2-3773-7040

E-mail

hysind@lghausys.com;kbrmiki@lghausys.com;puruz@lghausys.com

mcchun@lghausys.com;alexandre@lghausys.com;jmohb@lghausys.com

lgchem@lghausys.com;shminb@lghausys.com

Website

www.lghausys.co.kr

Trading Address

IFC Bldg., 23, Yeouido-dong, Yeongdeungpo-gu, , Seoul, Korea

Tel

+82-2-3777-1114

Fax

+82-2-3773-7813

Other Address-Cheongju Factory

150,Songjeong-dong, Heungdeok-gu, Cheongju-si, Chungbuk-do 361-721 Korea

Tel

+82-43-261-7114

Fax

+82-43-261-7136

Other Address-Ulsan Factory

388, Mangyang-ri, Onyang-eup, Ulju-gun, Ulsan 689-901 Korea

Tel

+82-52-231-4114

Fax

+82-51-231-4382

Other Address-Onsan Factory

580, Hwasan-ri, Onsan-eup, Jlju-gun, Ulsan 689-896 Korea

Tel

+82-52-231-5114

Fax

+82-52-231-5007

Type

Export/Import

Industry

Manufacture of Plastic Windows and Doors

  Main Business

PVC Window & Doors, Flooring Materials, Wallpaper, Artificial Marble, Woods, Deco Sheet, Mats, Tarpaulin, Upholstery Material for Sofa, Automotive Components

  Sub Business

Manufacture of Wall and Floor Coverings of Plastics

Established (mm/dd/yyyy)

04/02/2009

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Films(13111200)

Sell

Pipe(40142100)

Sell

Transportation components and systems(25170000)

Sell

Synthetic or imitation leather(11162307)

Sell

Flooring(30161700)

Sell

Wall finishing materials(30161500)

Sell

Restroom partitions(30181508)

Sell

Films(13111200)

Sell

Tiles and flagstones(30131700)

Sell

Window frames(30171900)

Sell

Doors(30171500)

Sell

Rugs and mats(52101500)

Sell

Door frames(30171507)

Sell

Billboard advertising(82101501)

Sell

Additives(12160000)

Sell

Heating equipment and parts and accessories(40101800)

Sell

Molding(30161906)

 

 

CEO’s

 

Name

Han Myeung-Ho

Address

Rm.16-903, 218-1, Gwangjang-dong, Gwangjin-gu, Seoul, Korea

Date of Birth

07/07/1959

Title

Vice-Chairman & CEO

Sex

Male

Nationality

Korean

Date of Birth

07 July 1959 in Seoul, Korea

 

Education

Chemical engineering, Hanyang Uinversity, Seoul, Korea,1983

MBA(Master of Business Administration), University of Washington,USA,1998

 

Career

2009 ~ : CEO of LG Hausys company

2007 ~ : President of Industrial Material Company

2004 ~ : Executive Vice President of Corporate Management Team

2002 ~ : LG Chem Shanghai Trading Co,. China Vice President

2001 ~ : LG Chem Innovation Supporting Leader

 

 

Profiles

 

Capital (KRW)

50,000,000,000

Employees

2,712

Formation

Listed Company(Korea stock Exchange : 108670) as of 04/20/2009

A Company of LG Business Group

Bank Details

Woori Bank-Twin Tower Branch

Hana Bank

Corporate Registered No.

110111-4071207

Business Registered No.

107-87-18122

Permit & Licenses

Int’l Trade No.: 30646627

Shareholder Position

Name

Shares

%

LG CORP.(110111-0003543)

3,006,673

30.07

NATIONAL PENSION SERVICE(110171-0007134)

630,773

6.31

MIRAE ASSET INVESTMENT MANAGEMENT CO., LTD.(110111-1441685)

442,450

4.42

KOREA INVESTMENT TRUST MANAGEMENT CO., LTD.(110111-2006983)

953,144

9.53

OTHERS

4,966,960

49.67

TOTAL

10,000,000

100.00

Company History

04/01/2009 Spin off from LG CHEM LTD.(110111-2207995) by taking the Industrial Material Business Division

04/02/2009 Incorporated as LG HAUSYS, LTD.(110111-4071207)

10/24/2011 moved to the present HQ address from 7th Fl., LG Twin Tower, 20, Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Date of Birth

Vice-Chairman & CEO

Mr.

Han Myeung-Ho

Male

Korean

1959.07.07

Director

Mr.

Cho Joon-Ho

Male

Korean

1959.02.16

Director

Mr.

Kim Hong-Ki

Male

Korean

1962.09.07

Director

Mr.

You Ji-Young

Male

Korean

1962.10.02

Outside Director

Mr.

Oh Chan-Seok

Male

Korean

1954.12.20

Outside Director

Mr.

Kim Hyun

Male

Korean

1955.11.29

Outside Director

Mr.

Kim Myung-Hwan

Male

Korean

1951.01.28

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

(*)09/2011

1,534,466,000,000

1,433,285,000,000

28,756,000,000

2010

1,939,116,000,000

1,381,484,000,000

41,490,000,000

2009

1,440,890,000,000

1,315,122,000,000

23,267,000,000

(*)09/2011 ‘s figures are based on the K-IFRS Accounting System.

 

 

Financial Description

 

Authorized Capital(KRW)

175,000,000,000

Paid-Up Capital(KRW)

50,000,000,000

Total Issues Shares

10,000,000(Common : 8,967,670, Preferable : 1,032,330)

 

 


Balance Sheet

 

Unit : Million Korean Won

01/01/2011~09/30/2011

As of 12/31/2010

As of 12/31/2009

Total Assets

1,433,285

1,381,484

1,315,122

Current Assets

692,782

697,086

701,740

Cash & Cash Equivalents

53,160

161,029

205,283

Trade Receivables & Other Receivables

515,167

452,107

424,839

Prepaid Taxes

182

0

2,758

Current Financial Instruments

0

4

4

Other Current Assets

7,926

7,752

6,404

Inventories

116,347

76,194

62,452

Non-Current Assets

738,760

683,301

611,983

Long-Term Trade Receivables & Other Receivables

18,684

20,838

17,211

Non-Current Financial Instruments

1,153

1,793

1,618

Investment_Subsidiaries

154,479

121,690

107,476

Deferred Income Tax Assets

13,595

21,442

23,729

Other Non-Current Assets

318

318

671

Tangibles

525,380

492,527

441,895

Intangibles

25,151

24,693

19,383

Other Non-Current Assets to be sold

1,743

1,097

1,399

Total Liabilities

700,003

666,702

624,403

Current Liabilities

619,903

439,005

399,899

Trade Payables & Other Payables

348,726

331,024

325,614

Short-Term Borrowings

254,918

87,445

62,384

Other Current Financial Debts

398

0

0

Current Portion of Provisions

3,105

3,756

3,059

Accrued Income Tax

0

1,274

0

Other Current Liabilities

12,756

15,506

8,842

Non-Current Liabilities

80,100

227,697

224,504

Long-Term Trade Payables & Other Payables

108

1,931

1,878

Long-Term Borrowings

61,233

211,029

210,864

Provision for Severance & Retirement

18,759

14,737

11,762

Capital Stock

50,000

50,000

50,000

Capital Surplus

621,304

621,304

621,304

Others

-2,300

-1,864

-2,000

Profit Surplus

64,278

45,342

21,415

Total Equity

733,282

714,782

690,719

Liab. & Shareholder’s Equity

1,433,285

1,381,484

1,315,122

 

 

Income Statement

 

Unit : Million Korean Won

01/01/2011~09/30/2011

As of 12/31/2010

As of 12/31/2009

Sales

1,534,466

1,939,116

1,440,890

Cost of Sold Goods

1,252,355

1,580,218

1,164,878

Gross Profit

282,111

358,898

276,012

Selling & Admin. Expenses

244,153

303,671

213,536

Other Operating Income

26,740

26,989

6,486

Other Operating Expenses

19,153

22,087

27,248

Operating Income

45,545

60,129

41,714

Finance Income

4,954

9,318

5,974

Finance Expenses

10,779

15,134

11,788

Other Non-Operating Profits

-239

-1,155

-4,066

Income Before Taxes from Continues Business

39,481

53,158

31,834

Income Taxes from Continues Business

9,448

10,057

4,290

Income from Continues Business

30,033

43,101

27,544

Income from Stopped Business

-1,277

-1,611

-4,277

Net Income

28,756

41,490

23,267

 

 

Cash Flows

 

Unit : Million Korean Won

01/01/2011~09/30/2011

As of 12/31/2010

As of 12/31/2009

Operating Activities Cash Flows

-13,545

96,115

28,543

Cash Flows from Operating

-7,756

99,850

37,909

Interests Received

5,207

7,041

3,889

Interests Paid

-8,421

-11,019

-6,398

Income Tax

-2,585

233

-6,857

Dividends Received

10

10

0

Cash Flows from Investing

-96,623

-157,621

-97,052

Cash Flows from Financing

2,432

17,833

59,604

Increase/Decrease in Cash

-107,736

-43,673

-8,905

Cash at the Beginning of Year

161,029

205,283

214,011

Cash at the End of Year

53,160

161,029

205,283

 

Products, Technologies, Services Description

 

Main Products & Services

Window Materials

-PVC Window

-Aluminum Windows

 

Interior Materials

-Flooring

-Wallpapers And Hi-Macs

 

Highly-Functional Materials

-Surface Materials

-Car Parts

 

 

Trade Partners & Competitors

 

Suppliers

LG CHEM LTD.(110111-2207995)

LG MMA CORPORATION(206211-0001805)

Competitors

KUMO HITECH CORPORATION

218-6, YONGAM-RI, EUNHYEON-MYEON, YANGJU-SI, GYEONGGI-DO, KOREA

TEL:+82-31-861-5300  FAX:+82-31-862-1254

 

PNS THEZONE P.V.C WINDOW & DOOR CO., LTD.

272-7, HAKJANG-DONG, SASANG-GU, BUSAN, KOREA

TEL:+82-51-316-5900  FAX:+82-51-315-0777

 

SHINE SYSTEM CO., LTD.

GUEMSEONG NONG GONG DANJI, 749, HASIN-RI, GEUMSEONG-MYEON, GEUMSAN-GUN, CHUNGCHEONGNAM-DO, KOREA

TEL:+82-41-753-8610  FAX:+82-41-754-8614

 


Related Parties

(Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates-Domestic

LG CORP.(110111-0003543)

LG ELECTRONICS INC.(110111-2487050)

LG DACOM CORPORATION(110111-0315948)

LG INTERNATIONAL CORP(110111-0004632)

LG CHEM LTD.(110111-2207995)

LG HOUSEHOLD & HEALTH CARE LTD.(110111-2208000)

LG LIFE SCIENCES CO.,  LTD.(110111-2581183)

LG DISPLAY CO., LTD.(110111-0393134)

LG TELECOM CO., LTD.(110111-1296676)

LG INNOTEK CO., LTD.(110111-0192180)

LG MICRON LTD.(175311-0001075)

LG DOW POLYCARBONATE CO., LTD.(206211-0014519)

LG CNS CO., LTD.(110111-0516695)

LG SPORTS CO., LTD.(110111-0359300)

LG MANAGEMENT DEVELOPMENT INSTITUTE CO., LTD.(110111-0423494)

SILTRON INCORPORATED(175311-0001348)

LG MMA CORPORATION(206211-0001805)

DACOM MULTIMEDIA INTERNET CORPORATION(110111-1905441)

DACOM CROSSING CORPORATION(110111-2234683)

SERVEONE(110111-2411520)

LG N SYS CO., LTD.(110111-2397027)

HIPLAZA CO., LTD.(131111-0028801)

LG POWERCOM CORPORATION(110111-1863889)

HI BUSINESS LOGISTICS CO.,LTD.

V-ENS CO., LTD.(120111-0334897)

LUSEM CO., LTD.(176011-0038073)

CS LEADER CO., LTD.(110111-2271924)

AIN TELE SERVICE CO., LTD.(180111-0367581)

BIZ TECH & EKTIMO CO., LTD.(110111-2689507)

LG SOLAR ENERGY INC.(110111-3759408)

COCA-COLA BEVERAGE CO., LTD.(110111-1342130)

UCESS PARTNERS CO., LTD.(110111-3798026)

SYSTEM AIR-CON ENGINEERING INCORPORATION(110111-3371989)

JIHEUNG CO., LTD.(180111-0630053)

CS ONE PARTNER CORPORATION(110111-3961756)

SEETECH CO., LTD.

TWIN WINE CO., LTD.(110111-3791129)

KOREA COMMERCIAL VEHICLE CO., LTD.(200111-0105200)

GIOVINE CO., LTD.(110111-3942714)

PIXDIX CO., LTD.(110111-3947657)

LG HAUSYS, LTD.(110111-4071207)

Affiliates-Overseas

TIANJIN LG NEW BUILDING MATERIALS CO, LTD.

LG HAUSYS AMERICA, INC.

LG HAUSYS TRADING CO, LTD.

LG HAUSYS EUROPE GMBH

LG HAUSYS RUS, LLC

Affiliates-Overseas

LG INNOTEK HUIZHOU CO.,LTD

SERVEONE(NANJING) COMPANY LIMITED

ARCELIC-LG KLIMA SANAYI VE TICARTE A.S(LGEAT)

BEIJING LG HOUSEHOLD CHEMICAL CO., LTD.

CCKBC(NETHERLANDS)HOLDING BV

CCKBC(NETHERLANDS)HOLDING BV

COMPACT POWER INC.

DACOM AMERICA INC.

DE ZWARTE PONK B.V.(DZP)

EIC PROPERTIES PTE.LTD.

ELECTROMAGNETICA GOLDSTAR S.R.L

EPC MUNAI LLP

FOSCO B.V.

GFTZ LG INTERNATIONAL LTD.

GLOBAL PROFESSIONAL SOURCING CO., LTD

GUANGZHOU NEW VISION TECHNOLOGY RESEARCH AND DEVELOPMENT LIMITED

HANGZHOU LG COSMETICS CO., LTD.

HI LOGISTICS CHINA

HI LOGISTICS EUROPE B.V.

LANCHAO LG(YANTAI)DIGITAL MOBILE TECH& DEVELOP.CO.

INSPUR LG DIGITAL MOBILE COMMUNICATIONS.CO., LTD.

LG (TIMOR SEA 06-102) LTD

LG (YANTAI) INFORMATION & COMMUNICATION TECH.

LG ALINA ELECTONICS(LGERI)

LG CHEM BRASIL INTERMEDICAO DE NEGOCIOS DO SETOR QUIMICO LTDA.

LG CHEM DISPLAY MATERIAL CO., LTD

LG CHEM EUROPE GMBH

LG CHEM INDUSTRIAL MATERIALS INC.

LG CHEM POLAND SP. Z O. O.

LG CHEM TAIWAN, LTD.

LG CHEM(CHINA)INVESTMENT CO.,LTD.

LG CHEM(NANJING) INFO & ELECTRONIC MATERIALS CO. LTD

LG CHEM(TIANJIN) ENGINEERING PLASTICS CO., LTD

LG CHEMICAL AMERICA INC.

LG CHEMICAL HONG KONG LTD.

LG CHEMICAL INDIA PRIVATE LTD.

LG CHEMICAL TRADING CO., LTD

LG CHEMICAL(GUANGZHOU) ENGINEERING PLASTICS CO.,LTD

LG CNS AMERICA, INC

LG CNS BRASIL SERVICOS DE T.I.LTDA

LG CNS CHINA, INC

LG CNS EUROPE B.V

LG CNS GLOBAL PRIVATE LIMITED

Affiliates-Overseas

 

Affiliates-Overseas

LG ELECTRONICS RUS-MARKETING, LLC  

LG ELECTRONICS S.A.(PTY) LTD. (LGESA)

LG ELECTRONICS SINGAPORE PTE LTD

LG ELECTRONICS TAIWAN TAIPEI CO., LTD.

LG ELECTRONICS THAILAND CO.,LTD.(LGETH)

LG ELECTRONICS TIANJIN APPLIANCES CO., LTD.

LG ELECTRONICS TICARET A.S

LG ELECTRONICS UKLAINE

LG ELECTRONICS UNITED KINGDOM LTD. (LGEUK)

LG ELECTRONICS USA INC. (LGEUS)

LG ELECTRONICS VIETNAM LTD. (LGESV)

LG ELECTRONICS WALES LTD. (LGEWA)

LG ELECTRONICS WROCLAW SP. ZO.O

LG ELECTRONICS(CHINA) RESEARCH AND DEVELOPMENT CENTER CO., LTD

LG H&H TRADING(SHANGHAI) CO.LTD.

LG HOLDINGS LTD. (LGHK)

LG HOUSEHOLD & HEALTH CARE AMERICA, INC

LG INNOTEK MEXICALI S.A. DE C.V

LG INNOTEK POLAND SP. ZO.O.

LG INNOTEK USA INC.

LG INNOTEK YANTAI CO., LTD

LG INTERNATIONAL AMERICA INC.

LG INTERNATIONAL CORP.(SINGAPORE) PTE. LTD.

LG INTERNATIONAL JAPAN LTD.

LG INTERNATIONAL INVESTMENT (CANADA) LTD.

LG INTERNATIONAL SAUDI LLC

LG INTERNATIONAL(AUSTRALIA) PT'S, LTD.

LG INTERNATIONAL(DEUTCHLAND) GMBH

LG INTERNATIONAL(HK) LIMITED

LG INTERNATIONAL(U.K.) LTD.

LG LIFE SCIENCES INDIA PVT,LTD

LG LIFE SCIENCES POLAND, LTD

LG MICRON(FUJIAN) ELECTRONICS CO.,LTD

LG MICRON(TAIWAN) LTD.

LG MITR ELECTRONICS CO., LTD. (LGEMT)

LG PHILIPS LCD AMERICA INC.

LG PHILIPS LCD GERMANY GMBH

LG PHILIPS LCD HONGKONG CO.,LTD

LG PHILIPS LCD JAPAN CO.LTD.

LG PHILIPS LCD NANJING CO. LTD

LG.PHILIPS LCD SHENZEN CO., LTD.

LG PHILIPS LCD TAIWAN CO. LTD. (LGPLT)

Affiliates-Overseas

LG CNS JAPAN, INC

LG CNS PHILIPINES, INC

LG ELCTRONICS NORWAY AS

LG ELECTONICS HUIZHOU LTD.

LG ELECTRONICS (KUNSHAN) COMPUTER CO., LTD.

LG ELECTRONICS (LEVANT) - JORDAN

LG ELECTRONICS (NANJING) PLASMA CO., LTD

LG ELECTRONICS (SHENYANG) INC.(LGESY)

LG ELECTRONICS AFRICA LOGISTICS FZE

LG ELECTRONICS ALAMABA, INC. (LGEAI)

LG ELECTRONICS ALMATY KAZAK CO., LTD.(LGEAK)

LG ELECTRONICS ARGENTINA S.A.(LGEAR)

LG ELECTRONICS AUSTRALIA PTY., LTD. (LGEAP)

LG ELECTRONICS AUSTRIA GMBH

LG ELECTRONICS BENELUX SALES B.V.

LG ELECTRONICS CANADA,INC. (LGECI)

LG ELECTRONICS CHINA CO., LTD. (LGECH)

LG ELECTRONICS COLOMBIA, LTDA.(LGECB)

LG ELECTRONICS CZECH S.R.O.

LG ELECTRONICS DA AMAZONIA LTDA (LGEAZ)

LG ELECTRONICS DE SAO PAULO LTDA. (LGESP)

LG ELECTRONICS DEUTSCHLAND.GMBH. (LGEDG)

LG ELECTRONICS EGYPT CARIO S.A.E (LGEEC)

LG ELECTRONICS EGYPT S.A.E. (LGEEG)

LG ELECTRONICS ESPANA S.A. (LGEES)

LG ELECTRONICS EUROPEAN HOLDINGS B.V.

LG ELECTRONICS EUROPEAN LOGISTICS & SERVICES B.V.

LG ELECTRONICS EUROPEAN SHARED SERVICE CENTER B.V.

LG ELECTRONICS FRANCE S.A.R.L.

LG ELECTRONICS GULF FZE (LGEGF)

Affiliates-Overseas

LG ELECTRONICS HELLAS S.A

LG ELECTRONICS HK LTD.(LGEHK)

LG ELECTRONICS INC. CHILE LIMITADA

LG ELECTRONICS INDIA (PVT.) LTD. (LGEIL)

LG ELECTRONICS ITALY S.P.A. (LGEIS)

LG ELECTRONICS JAPAN INC. (LGEJP)

LG ELECTRONICS JIT EUROPE B.V

LG ELECTRONICS LATVIA LLC

LG ELECTRONICS MAGYAR KFT. (LGEMK)

LG ELECTRONICS MALAYSIA SDN. BHD.(LGEML)

LG ELECTRONICS MEXICALI, S. A. DE C. V. (LGEMX)

LG ELECTRONICS MEXICO S.A. DE C.V (LGEMS)

LG ELECTRONICS MIDDLE EAST CO., LTD.

LG ELECTRONICS MLAWA SP.ZO.O (LGEMA)

LG ELECTRONICS MOBILE RESEARCH U.S.A. LLC (LGEMR)

LG ELECTRONICS MOBILECOMM FRANCE S.A.S

LG ELECTRONICS MOBLECOMM U.S.A., INC.(LGEMU)

LG ELECTRONICS MONTERREY MEXICO S.A. DE C.V.

LG ELECTRONICS MOROCCO SARL(LGEMC)

LG ELECTRONICS NANJING DISPLAY CO.,LTD

LG ELECTRONICS(HANGZHOU) RECORDING MEDIA CO., LTD

LG ELECTRONICS NIGERIA LIMITED(LGENI)

LG ELECTRONICS NORDIC AB

LG ELECTRONICS OVERSEAS TRADING FZE

LG ELECTRONICS PANAMA S.A. (LGEPS)

LG ELECTRONICS PERU S.A. (LGEPR)

LG ELECTRONICS PHILIPPINES, INC. (LGEPH)

LG ELECTRONICS POLSKA SP.ZO.O (LGEPL)

LG ELECTRONICS PORTUGAL S.A.

LG ELECTRONICS QINHUANGDAO CO.,LTD(LGEQH)

LG ELECTRONICS RAYNOSA, S.A.DE C.V(LGERS)

LG ELECTRONICS ROMANIA S.R.L

LG ELECTRONICS RUS.LLC

Affiliates-Overseas

LG PROPERTIES PTE. LTD.

LG SOFT INDIA PVT LTD.(LGSI)

LG SOLID SOURCE, LLC

LG VINA CHEMICAL J/V COMPANY

LG VINA COSMETICS

LG.PHILIPS LCD GUANGZHOU CO., LTD.(LPLGZ)

LG.PHILIPS LCD POLAND SP. Z O.O.

LG.PHILIPS LCD SHANGHAI CO., LTD.

LG-SHAKER CO.,LTD

MONGOLIA RESOURCES INVESTMENT LIMITED

NAKHODKA FEZ TELECOMMUNICATIONS CO.LTD.(ROKOTEL)

NANJING LG INTERNATIONAL VMI LTD.CO.

NANJING LG PANDA APPLIANCES CO., LTD. (LGEPN)

NINGBO LG YONGXING CHEMICAL CO., LTD.

PHILCO RESOURCES LIMITED

PT LG CNS INDONESIA

PT LG ELECTRONICS INDONESIA (LGEIN)

PT. BATUBARA GLOBAL ENERGY

PT. GOLDEN HYUNDAI MACHINERY(PT.GHM)

PT. KIMCO ENERGY UTAMA

PT. LG INNOTEK INDONESIA

PT. TUTUI BATUBARA UTAMA

QINGDAO LG INSPUR DIGITAL COMMUNICATION CO., LTD.

RESOURCES INVESTMENT (H.K) LIMITED

SHANGHAI LG ELECTRONICS  CO., LTD. (LGESH)

SILTRON AMERICA, INC.

TAIZHOU LG ELECTRONIC REFRIGERATION CO.LTD(LGETR)

TIANJIN LG BOHAI CHEMICL CO.,LTD.

TIANJIN LG DAGU CHEMICAL CO., LTD.

TIANJIN LG NEW BUILDING MATERIALS CO., LTD.

TRIVENI DIGITAL INC.

V-ENS(M) SDN. BHD.

ZENITH ELECTRONICS CO. (ZENITH)

Joint Venture

LG TOSTEM BM CO., LTD.(110111-4080688)

(51.0% held by the subject company, and 49.0% held by Tostem(Japan))

 

HAUSYS INTERPANE, LTD.( 230111-0168798)

(80.0% held by the subject company, and 20.0% held by INTERPANE(Germany))

Subsidiary

HAUSYS ENG CO., LTD.(110111-4123389)

(100.0% held by the subject company)

 

HAUSYS INTERPANE, LTD.(230111-0168798)

(96.77% held by the subject company)

 

TIANJIN LG NEW BUILDING MATERIALS CO, LTD.

(100.0% held by the subject company)

12, QUANFA ROAD, WUQING DEV AREA, TIANJIN, CHINA

 

LG HAUSYS AMERICA, INC.

(100.0% held by the subject company)

900 CIRCLE 75 PWKY SUITE#1500 ATLANTA GA30339

 

LG HAUSYS TRADING CO, LTD

(100.0% held by the subject company)

30TH FLOOR, ZHAOFENG PLAZA, NO.1027 CHANGNING RD., CHANGNING DISTRICT, SHANGHAI CHINA

 

LG HAUSYS EUROPE GMBH

(100.0% held by the subject company)

15 LYONER STRASSE, 60528 FRANKFURT AM MAIN, GERMANY

 

LG HAUSYS RUS, LLC

(100.0% held by the subject company)

LESNAYA PLAZA 8TH FLOOR, 4, 4TH LESNOY   PEREULOK, MOSCOW, 125047, RUSSIA

 

LG HAUSYS INDIA PRIVATE LIMITED

(100.0% held by the subject company)

C - 107, FIRST FLOOR, ANAND NIKETAN, NEW DELHI - 110021,DELHI, INDIA

 

LG HAUSYS (WUXI) CO., LTD.

(100.0% held by the subject company)

3RD FLOOR NO. 1 BUILDING, NO. 5 HANJIANG ROAD NEW DISTRICT WUXI, JIANGSU, THE PEOPLE'S REPUBLIC OF CHINA, 214028

Cooperative Enterprise

TOSTEM CORPORATION

ARUP

SHAW(USA)

INTERPANE(GERMANY)

 

 

Sales by Region

(Activity & Markets)

 

Sales/ Unit :Mil KRW

09/2011

2010

2009

Export

716,919

836,342

547,347

Domestic

1,110,339

1,405,723

1,115,189

Total

1,827,258

2,242,065

1,662,536

The Subject exports to Central & West Europe, CIS, India, Southeast Asia, Japan, Mexico, Central & South America, North America, Russia UK, East and South Europe.

 

 

Court Action

 

Case No.

Court

Plaintiff(s)/ Creditor(s)/ Applicant(s)

Defendant(s)/ Debtor(s)/ Respondent(s)

Cause

Amount (Million KRW)

Status

 

 

The Subject Company (3 Cases)

 

-

2,125

Proceeding

 

 

 

The Subject Company (2 Cases)

-

909

Proceeding

 

 

News Clipping

 

---


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.03

UK Pound

1

Rs.79.32

Euro

1

Rs.66.02

 

 

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.