MIRA INFORM REPORT
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Report Date : |
31.03.2012 |
IDENTIFICATION DETAILS
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Name : |
HM TRADING CORP. |
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Registered Office : |
377-1, Sindaebang
2-dong, Dongjak-gu, Seoul, Korea, Rm. 306, Daebang Bldg., Zip code 156-848 |
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Country : |
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Date of Incorporation : |
01.07.2010 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesale of Paper Products |
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No. of Employees
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02 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Small Company |
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Payment
Behaviour : |
Unknown |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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a1 |
a1 |
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Risk Category |
ECGC
Classification |
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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 |
HM TRADING CORP. (Korean Company
Name : “(주)에치엠트레이딩”) |
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Registered Address |
377-1, Sindaebang
2-dong, Dongjak-gu, |
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Building |
Rm. 306, Daebang Bldg. |
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Zip Code |
156-848 |
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Tel |
+82-2-3280-9750~1 |
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Fax |
+82-2-3280-9752 |
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Trading Address |
Rm. 306, Daebang
Bldg., 377-1, Sindaebang 2-dong, Dongjak-gu, |
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Tel |
+82-2-3280-9750~1 |
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Fax |
+82-2-3280-9752 |
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Type |
Export/Import |
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Industry |
Wholesale of Paper Products |
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Main Business |
Printing Paper, Medium Paper |
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Established (mm/dd/yyyy) |
07/01/2010 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Cardboard(14121503) |
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Sell |
Art or craft paper(14111606) |
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Name |
Park Ha-Myung |
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Address |
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Date of Birth |
03/20/1967 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
50,000,000 |
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Employees |
2 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
Industrial Bank of Korea-Doksan Dong Branch |
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Corporate Registered No. |
110111-4384618 |
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Business Registered No. |
108-81-92***(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.) |
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Permit & Licenses |
Int’l Trade No.: 45296950 |
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Shareholder Position |
N/A |
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Company History |
01/02/2007
Established as HM TRADING CORP.(Sole Proprietorship, Biz
Reg. : 108-14-83506), and it has been closed as of 12/11/2010. 07/01/2010 Incorporated as the present name |
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Representative Director |
Mr. |
Park Ha-Myung |
Male |
Korean |
07/01/2010 |
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Auditor |
M/S. |
Park Sung-Ja |
Female |
Korean |
07/01/2010 |
The financials are
not available, and the Subject Company does not have any obligations to release
its financials to the public.
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Authorized Capital(KRW) |
200,000,000 |
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Paid-Up Capital(KRW) |
50,000,000 |
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Total Issues Shares |
10,000 |
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Main Products & Services |
Printing Paper, Medium Paper |
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Competitors |
KYUNGSAN PAPER CO., LTD. 161, GEUM-RI, YUGA-MYEON, DALSEONG-GUN, TEL:+82-53-615-6285~90 FAX:+82-53-615-6292 TRA-ZONE CO., LTD. RM. 202, GEUMSEONG BLDG., 827-4, YEOKSAM
1-DONG, GANGNAM-GU, TEL:+82-2-554-4939 FAX:+82-2-554-4937 AHRIM CORPORATION RM. 909, MILLIANA 1-CHA OFFICETEL, 99-1,
GARAKBON-DONG, SONGPA-GU, TEL:+82-2-443-2595 FAX:+82-2-449-2403 |
(Activity & Markets)
The Subject exports
to
Not Available.
--
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.16 |
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|
1 |
Rs.81.72 |
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Euro |
1 |
Rs.68.34 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.