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Report Date : |
23.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
NEWTECH CO., LTD. |
|
|
|
|
Registered Office : |
Rm.406, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
27.02.2002 |
|
|
|
|
Legal Form : |
Co., Ltd by Shares |
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|
|
|
Line of Business : |
Wholesale of Textiles |
|
|
|
|
No. of Employees : |
3 |
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 |
NEWTECH CO., LTD. (Korean Company Name : “(주)뉴텍”) |
|
Registered Address |
470-1, Geumo-dong,
Uijeongbu-si, |
|
Building |
Rm.406, |
|
Zip Code |
480-823 |
|
Tel |
+82-31-844-7300 |
|
Fax |
+82-31-844-7302 |
|
E-mail |
seung@samilknit.com |
|
Trading Address |
Rm.406, (New Address System
: 26, Cheongsa-ro 47beon-gil, Uijeongbu-si, |
|
Tel |
+82-31-844-7300 |
|
Fax |
+82-31-844-7302 |
|
Other Address |
Rm.904, |
|
Type |
Export |
|
Industry |
Wholesale of Textiles |
|
Main Business |
Polyester Textiles |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
02/27/2002 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Synthetic fabrics(11161800) |
|
Sell |
Fabrics and leather materials(11160000) |
|
Name |
Na Won-Chul |
|
Address |
|
|
Date of Birth |
08/01/1967 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
200,000,000 |
|
Employees |
3 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
Kookmin Bank |
|
Corporate Registered No. |
111511-0049960 |
|
Business Registered No. |
127-81-***** (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 |
02/27/2002 Incorporated as the present name 02/21/2012 Increased capital to 200,000,000
KRW from 50,000,000 KRW |
|
|
|
It is known that Bank Account No. : 27126808100078 is not existing and
valid one.
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Na Won-Chul |
Male |
Korean |
02/27/2002 |
|
Director |
M/S. |
Chang Sung-Hee |
Female |
Korean |
01/13/2010 |
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 |
40,000 |
|
Main Products & Services |
Polyester Textiles |
|
Competitors |
DO BEST CO., LTD. 105-112, GONGDEOK-DONG, MAPO-GU, TEL:+82-2-3271-3800 FAX:+82-2-3271-3899 DREAM SEEKERS INC. RM. 2410, MASTERS TOWER BLDG., 553,
DOHWA-DONG, MAPO-GU, TEL:+82-2-3275-5111~2 FAX:+82-2-3275-5113 HANWOO CORPORATION 4TH FL., 322-21, HAENGDANG 2-DONG,
SEONGDONG-GU, TEL:+82-2-2299-9100~8 FAX:+82-2-2299-9109 |
(Activity &
Markets)
The Subject exports
to
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.88 |
|
|
1 |
Rs.86.84 |
|
Euro |
1 |
Rs.70.21 |
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.