|
Report Date : |
06.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
GM KOREA COMPANY |
|
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|
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Registered Office : |
199-1, Cheongcheon 2-dong, Bupyeong-gu, Incheon |
|
|
|
|
Country : |
South Korea |
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|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
07.08.2002 |
|
|
|
|
Com. Reg. No.: |
122-81-74534 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Manufacture of Passenger Motor Vehicles |
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No. of Employees : |
17,134 |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
South Korea - ECONOMIC OVERVIEW
South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and currently is among the world's 20 largest economies. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea''s development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4% annually between 2003 and 2007. With the global economic downturn in late 2008, South Korean GDP growth slowed to 0.3% in 2009. In the third quarter of 2009, the economy began to recover, in large part due to export growth, low interest rates, and an expansionary fiscal policy, and growth was 3.6% in 2011. In 2011, the US-South Korea Free Trade Agreement was ratified by both governments and is projected to go into effect in early 2012. The South Korean economy''s long term challenges include a rapidly aging population, inflexible labor market, and heavy reliance on exports - which comprise half of GDP.
|
Source : CIA |
|
Company
Name |
GM KOREA COMPANY (Ex. Company Name : GM DAEWOO AUTO &
TECHNOLOGY COMPANY, “지엠대우오토앤테크놀로지(주)”) (Korean Company Name : “한국지엠(주)”) |
|
Registered Address |
199-1, Cheongcheon 2-dong, Bupyeong-gu,
Incheon, Korea |
|
Zip Code |
403-857 |
|
Tel |
+82-32-520-2114 |
|
Fax |
+82-32-520-4658 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
199-1, Cheongcheon 2-dong, Bupyeong-gu,
Incheon, Korea |
|
Tel |
+82- 32-520-5147 |
|
Fax |
+82-32- 520-4653 |
|
Other Address-Boryeong Factory |
1227-1, Gwanchang-ri, Jugyo-myeon, Boryeong-si,
Chungcheongnam-do, Korea |
|
Tel |
+82-41-939-5114 |
|
Fax |
+82-41-931-2177 |
|
Other Address-Gunsan Factory |
GM Daewoo Auto & Technology Company, 1589, Soryong-dong,
Gunsan-si, Jeollabuk-do, Korea |
|
Tel |
+82-63-469-5114 |
|
Fax |
+82-55-469-5177 |
|
Other Address-Changwon Factory |
GM Daewoo Auto & Technology Company, 23, Seongju-dong,
Changwon-si, Gyeongsangnam-do, Korea |
|
Tel |
+82-55-282-8456 |
|
Fax |
+82-55-236-3339 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Passenger Motor Vehicles |
|
Main Business |
Automobile, Automotive Parts |
|
Established (mm/dd/yyyy) |
08/07/2002 |
The Subject owns the premises of registered HQ address, Boryeong Factory, Gunsan
Factory and Changwon Factory.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Transportation components and
systems(25170000) |
|
Sell |
Automobiles or cars(25101503) |
|
Name |
Sergio Hosha |
|
Address |
Suite 502, 66, Donggwang-ro 27-gil,
Seocho-gu, Seoul, Korea |
|
Date of Birth |
05/21/1959 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Brazilian |
|
Capital (KRW) |
166,322,885,200 |
|||||||||||||||||||||
|
Employees |
17,134 |
|||||||||||||||||||||
|
Formation |
Co., Ltd by shares Foreign Direct Investment Corporation |
|||||||||||||||||||||
|
Bank Details |
Korea Development Bank Woori Bank Korea Exchange Bank Shinhan Bank |
|||||||||||||||||||||
|
Corporate Registered No. |
120111-0294124 |
|||||||||||||||||||||
|
Business Registered No. |
122-81-74534 |
|||||||||||||||||||||
|
Permit & Licenses |
11/12/1993 ISO 9001 by TUV 12/2003 LACETTI: 1st-Rank in KP
Quality Competitive Power Int’l Trade No.: 421191 |
|||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||
|
Company History |
04/30/2002
Agreed on the Master Transaction Agreement(MTA) with General Motors Corporation-USA, Daewoo Motor Company and
Korea Development Bank Master
Transaction Agreement 08/07/2002
Incorporated as GM DAEWOO AUTO & TECHNOLOGY COMPANY 09/23/2002 Increased the authorized shares
to 500,000,000 shares from 1,200,000 KRW 10/17/2002
Acquired the assets and liabilities on the automobile division from Daewoo
Motor Company 03/26/2003
Changed Korean company name to GM DAEWOO AUTO & TECHNOLOGY COMPANY 05/24/2004
Acquired the assets and liabilities on Auto Transmission Division from Daewoo
Power Train Co., Ltd. based on Asset
Purchase Agreement(APA) 10/27/2005
Acquired the assets and liabilities on the automobile manufacturing Division
from Daewoo Incheon Motor Co., Ltd. based on Newco B Asset Transfer and
Liability Assumption Agreement(ATA) 03/27/2007
increased capital to 101,245,084,400 KRW from 101,234,871,200 KRW 03/26/2008
Increased capital to 101,247,148,000 KRW from 101,245,084,400 KRW 10/28/2009
Increased capital to 166,322,885,200 KRW from 101,247,148,000 KRW 03/01/2011
Changed company name to the present name 10/22/2012
Decreased capital to 166,307,885,200 KRW from 166,322,885,200 KRW 11/05/2012
increased capital to 166,322,885,200 KRW from 166,307,885,200 KRW |
|||||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Sergio Hosha |
Male |
Brazilian |
03/01/2012 |
|
Director |
Mr. |
Timothy Iri |
Male |
USA |
03/26/2010 |
|
Director |
Mr. |
Timothy Syston Cyper |
Male |
USA |
12/02/2011 |
|
Director |
Mr. |
Mathew Chen |
Male |
USA |
02/10/2012 |
|
Outside Director |
Mr. |
Oh Jong-Nam |
Male |
Korean |
03/26/2008 |
|
Outside Director |
Mr. |
Seo Seung-Il |
Male |
Korean |
03/30/2011 |
|
Outside Director |
M/S. |
Susan Idochuti |
Female |
USA |
04/09/2012 |
|
Outside Director |
Mr. |
Lee Yeon-Hee |
Male |
Korean |
03/28/2012 |
|
Outside Director |
Mr. |
Bang Young-Min |
Male |
Korean |
03/28/2012 |
|
Auditor |
Mr. |
Min Kyung-Moon |
Male |
Korean |
04/12/2011 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
15,068,001,223,568 |
10,216,130,724,135 |
125,275,932,958 |
|
|
2010 |
12,597,422,293,147 |
7,827,531,121,227 |
585,550,732,137 |
|
2009 |
9,532,541,913,373 |
8,172,726,941,644 |
-343,746,932,232 |
|
2008 |
12,310,655,134,698 |
8,853,286,368,884 |
-875,693,902,083 |
|
2007 |
12,513,655,390,999 |
7,949,447,236,134 |
540,514,081,706 |
|
2006 |
9,604,122,251,066 |
7,315,424,424,889 |
601,715,007,785 |
|
2005 |
7,531,273,630,562 |
6,467,805,295,782 |
65,463,786,954 |
|
2004 |
6,051,631,125,618 |
5,957,769,453,806 |
-172,844,544,834 |
|
2003 |
4,276,923,438,455 |
4,580,976,549,986 |
-222,635,374,932 |
Financial
Description
|
Authorized Capital(KRW) |
200,000,000,000 |
|
Paid-Up Capital(KRW) |
166,322,885,200 |
|
Total Issues Shares |
415,807,213(Common: 415,481,799 / Preferable: 325,414) |
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total Assets |
10,216,130,724,135 |
7,827,531,121,227 |
8,172,726,941,644 |
|
Current Assets |
5,027,845,490,921 |
3,806,046,024,035 |
4,478,747,149,496 |
|
-Quick Assets |
3,265,424,690,041 |
2,533,598,571,835 |
3,652,531,761,393 |
|
-Inventories |
1,762,420,800,880 |
1,272,447,452,200 |
826,215,388,103 |
|
Fixed Assets |
5,188,285,233,214 |
4,021,485,097,192 |
3,693,979,792,148 |
|
-Investment |
452,138,553,674 |
403,682,962,706 |
363,085,104,821 |
|
-Tangibles |
4,312,972,107,109 |
4,072,929,641,471 |
3,923,774,491,327 |
|
-Intangibles |
20,005,985,160 |
-1,209,252,891,919 |
-1,255,661,996,521 |
|
-Others |
403,168,587,271 |
754,125,384,934 |
662,782,192,521 |
|
Total Liabilities |
6,308,027,246,073 |
5,061,596,293,994 |
6,346,182,081,145 |
|
Current Liabilities |
4,786,053,523,805 |
3,809,721,274,540 |
4,987,764,562,541 |
|
Fixed Liabilities |
1,521,973,722,268 |
1,251,875,019,454 |
1,358,417,518,604 |
|
Capital Stock |
166,322,885,200 |
166,322,885,200 |
166,322,885,200 |
|
Capital Surplus |
2,584,492,117,582 |
2,579,820,807,662 |
2,575,439,858,770 |
|
Profit Surplus |
1,124,736,930,528 |
39,891,448,149 |
-545,659,283,988 |
|
Capital Adjustment |
32,551,544,752 |
-20,100,313,778 |
-369,558,599,483 |
|
Total Equity |
3,908,103,478,062 |
2,765,934,827,233 |
1,826,544,860,499 |
|
Liab. & Shareholder’s Equity |
10,216,130,724,135 |
7,827,531,121,227 |
8,172,726,941,644 |
|
Current Liabilities |
4,786,053,523,805 |
3,809,721,274,540 |
4,987,764,562,541 |
|
Trade Payables |
2,416,752,077,199 |
2,183,849,159,718 |
1,841,121,426,020 |
|
Short-Term Borrowings |
318,007,764,013 |
196,182,849,023 |
1,381,959,642,924 |
|
Current Portion of Finance Lease Debts |
8,896,516,788 |
1,223,992,620 |
1,832,532,935 |
|
Account Payables |
746,897,709,054 |
488,598,374,101 |
387,203,019,833 |
|
Accrued Expenses |
967,277,560,225 |
577,265,571,142 |
537,451,005,842 |
|
Advance Receipts |
53,799,056,994 |
83,609,553,528 |
45,543,522,355 |
|
Unearned Income |
40,392,178,982 |
50,913,652,125 |
437,454,708 |
|
Current Portion of Provision for Sales Guarantee |
164,516,542,645 |
82,439,144,648 |
94,881,482,457 |
|
Derivatives |
50,530,496,530 |
128,112,903,903 |
684,915,556,885 |
|
Others |
18,983,621,375 |
17,526,073,732 |
12,418,918,582 |
|
Fixed Liabilities |
1,521,973,722,268 |
1,251,875,019,454 |
1,358,417,518,604 |
|
Long-Term Borrowings |
189,370,350,876 |
151,843,294,155 |
204,868,787,126 |
|
Finance Lease Debts |
8,622,469,258 |
- |
794,046,830 |
|
Long-Term Account Payables |
198,558,092,719 |
193,098,957,464 |
54,173,109,610 |
|
Long-Term Guarantee Deposit
Withhold |
6,906,704,770 |
5,295,643,270 |
5,083,215,770 |
|
Long-Term Unearned Income |
190,592,713,637 |
11,394,153,678 |
98,309,295,928 |
|
Provision for Recovery |
1,472,961,994 |
1,032,780,489 |
946,023,647 |
|
Provision for Sales Guarantee |
212,476,635,010 |
224,536,287,661 |
200,665,101,827 |
|
Provision for Severance & Retirement |
819,465,365,634 |
781,464,424,937 |
720,899,855,657 |
|
Long-Term Derivatives |
|
|
193,499,085,655 |
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
15,068,001,223,568 |
12,597,422,293,147 |
9,532,541,913,373 |
|
Cost of Sold Goods |
13,699,885,753,043 |
11,421,727,195,595 |
8,599,786,306,218 |
|
Gross Profit |
1,368,115,470,525 |
1,175,695,097,552 |
932,755,607,155 |
|
Selling & Admin. Expenses |
1,254,423,039,644 |
1,100,025,000,842 |
777,652,910,280 |
|
Operating Income |
113,692,430,881 |
75,670,096,710 |
155,102,696,875 |
|
Non-Operating Income |
647,463,050,230 |
1,194,001,785,461 |
1,216,317,498,646 |
|
Non-Operating Expenses |
583,216,107,200 |
854,494,930,399 |
1,572,591,612,426 |
|
Income Before Taxes |
177,939,373,911 |
415,176,951,772 |
-201,171,416,905 |
|
Income Taxes Expenses |
52,663,440,953 |
-170,373,780,365 |
142,575,515,327 |
|
Net Income |
125,275,932,958 |
585,550,732,137 |
-343,746,932,232 |
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Cash Flows from Operating |
682,193,626,689 |
876,390,427,045 |
39,843,379,435 |
|
-Net Income |
125,275,932,958 |
585,550,732,137 |
-343,746,932,232 |
|
-Exp. without Cash Outflow |
910,864,297,028 |
696,021,824,298 |
844,300,509,368 |
|
-Revenue without Cash Inflows |
-208,551,709,543 |
-369,378,182,985 |
-422,893,204,802 |
|
-Changes in Asset/ & Liability |
-145,394,893,754 |
-35,803,946,405 |
-37,816,992,899 |
|
Cash Flows from Investing |
-696,868,064,837 |
-531,848,390,436 |
-271,327,115,273 |
|
-Cash Inflow from Investing |
52,093,964,298 |
82,895,053,285 |
68,204,809,487 |
|
-Cash Outflows for Investing |
-748,962,029,135 |
-614,743,443,721 |
-339,531,924,760 |
|
Cash Flows from Financing |
170,387,214,918 |
-1,240,236,815,099 |
999,178,774,203 |
|
-Cash Inflows from Financing |
820,998,570,890 |
387,633,116,236 |
1,355,017,985,066 |
|
-Cash Outflows from Financing |
-650,611,355,972 |
-1,627,869,931,335 |
-355,839,210,863 |
|
Increase/Decrease in Cash |
155,694,385,617 |
-895,739,295,463 |
768,941,365,270 |
|
Cash at the Beginning of Year |
259,884,558,122 |
1,155,623,853,585 |
386,682,488,315 |
|
Cash at the End of Year |
415,578,943,739 |
259,884,558,122 |
1,155,623,853,585 |
Products,
Technologies, Services Description
|
Main Products & Services |
Automobile, Automotive Parts 1. MATIZ II: was developed in compliance
with the latest European safety standards and 40% offset collision test
criteria. 2. KALOS: The subcompact Kalos earned a
four-star rating in a collision test conducted by Korea transportation Safety
Authority. 3. LACETTI: was designed with safety,
performance, engine efficiency, low noise and driving comfort in mind 4. REZZO: Rezzo's new top-of-the-line
Diamond series offers imporved safety features such as an additional
passenger seat airbag 5. MAGNUS: The 2004 Magnus has improved
safety features and now offers benefits that were previously only available
on the high-end L6 Magnus 2.5. |
|
Annual Production(EA) |
902,000 EA |
Trade Partners
& Competitors
|
Suppliers |
FINE ACE TECHNOLOGY CO., LTD. 853-10, OE-DONG, CHANGWON-CITY,
GYEONGNAM-DO 641-020 KOREA TEL: 82-55-239-3500 FAX: 82-55-264-9615 INDUSTRY: MANUFACTURE OF ALL OTHER SPECIAL
PURPOSE MACHINERY, N.E.C. DONG KWANG TECH CO., LTD. 681-1, JAKJEON 3-DONG, GYEYANG-GU, INCHEON
407-821 KOREA TEL: 82-32-551-7611 FAX: 82-32-551-7613 INDUSTRY: MANUFACTURE OF PARTS AND
ACCESSORIES FOR MOTOR VEHICLE BODY MANDO CORPORATION 343-1, MANHO-RI, POSEUNG-MYEON,
PYEONGTAEK-CITY, GYEOONGGI-DO 451-821 KOREA TEL: 82-31-680-6114 FAX: 82-31-681-0151 INDUSTRY: MANUFACTURE OF OTHER PARTS AND
ACCESSORIES FOR MOTOR VEHICLES |
|
Customers |
DAEWOO MOTOR SALES CORPORATION(120111-0005414) is in charge of the
domestic sales of the subject company’s products as a Non-exclusive retailer,
based on GM Daewoo Auto & Technology Company Retailer Agreement. FABRYKA SAMOCHODOW OSOBOWYCH SPOLKA
AKCYJNA(FSO) is manufacturing its products by purchasing the parts from the
Subject Company according to Contract Assembly Agreement since 10/21/2006. |
|
Competitors |
HYUNDAI MOTOR COMPANY KIA MOTORS CO., LTD. RENAULT-SAMSUNG MOTOR COMPANY |
Related Parties (Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates |
GM KOREA CO., LTD.(110111-1713951) GM AUTOWORLD KOREA CO., LTD.(110111-1590432) GENERAL MOTORS
CORP. GENERAL MOTORS
INVESTMENT PTY LTD. GM ASIA PACIFIC HOLDINGS, LLC GM AUTOMOTIVE HOLDINGS S.L. SUZUKI MOTOR CORPORATION SHANGHAI AUTOMOTIVE INDUSTRY
CORPORATION CHEVROLET
AUSTRIA GMBH GENERAL MOTORS
DAEWOO AUTO AND TECHNOLOGY CIS LLC. CHEVROLET
NEDERLAND B.V. CHEVROLET DEUTSCHLAND
GMBH CHEVROLET
PORTUGAL, LDA. CHEVROLET EURO
PARTS CENTER B.V. CHEVROLET
FINLAND OY CHEVROLET
FRANCE SAS CHEVROLET
SOUTHEAST EUROPE KFT. CHEVROLET
ESPANA, S.A. CHEVROLET
ITALIA S.P.A. CHEVROLET
SVERIGE AB CHEVROLET
SUISSE SA CHEVROLET UK
LIMITED VIETNAM DAEWOO
MOTOR CO., LTD. AMERICA SUZUKI
MOTOR CORP. GENERAL MOTORS
CORP. GENERAL MOTORS
OF CANADA LIMITED NORTH AMERICA
INTERNATIONAL PRODUCT CENTER SHANGHAI
GENERAL MOTORS CO., LTD. HOLDEN'S
ENGINE COMPANY SHANGHAI GM
DONG YUE MOTORS GENERAL MOTORS
COLMOTORES S.A. GENERAL MOTORS
VENEZOLANA S.A. HOLDEN LTD. ADAM OPEL AG. GENERAL MOTORS
SOUTH AFRICA LTD. GENERAL MOTORS
CHILE S.A. SGM DY POWER
TRAIN COMPANY LTD. GENERAL MOTORS
INDIA PVT. LTD. GENERAL MOTORS
THAILAND LTD. GENERAL MOTORS
DEL ECUADOR S.A. SAIC GM WULING
AUTOMOBILE CO., LTD GMSPO CANADA CHEVROLET
SALES THAILAND LTD. GENERAL MOTORS
AFRICA AND MIDDLE EAST GENERAL MOTORS
DE MEXICO GM
POWERTRAIN-GERMANY GMBH VEHICLE SALES,
SERVICE AND MARKETING GM APO
HOLDINGS LLC |
|
Subsidiary |
CHEVROLET EUROPE
GMBH (100.0% held
by the subject company) CHEVROLET
AUSTRIA GMBH (100.0% held
by the subject company) GENERAL MOTORS
DAEWOO AUTO AND TECHNOLOGY CIS LLC. (100.0% held
by the subject company) CHEVROLET
NEDERLAND B.V. (100.0% held by
the subject company) CHEVROLET
DEUTSCHLAND GMBH (100.0% held
by the subject company) CHEVROLET
PORTUGAL, LDA. (100.0% held
by the subject company) CHEVROLET EURO
PARTS CENTER B.V. (100.0% held
by the subject company) CHEVROLET
FINLAND OY (100.0% held
by the subject company) CHEVROLET
FRANCE SAS (100.0% held
by the subject company) CHEVROLET
SOUTHEAST EUROPE KFT. (100.0% held
by the subject company) CHEVROLET
ESPANA, S.A. (100.0% held
by the subject company) CHEVROLET
POLAND SP.Z O.O. (100.0% held
by the subject company) CHEVROLET
ITALIA S.P.A. (100.0% held
by the subject company) CHEVROLET
SVERIGE AB (100.0% held
by the subject company) CHEVROLET
SUISSE SA (100.0% held
by the subject company) CHEVROLET
OTOMOTIV TICARET LTD. STI. (100.0% held by
the subject company) CHEVROLET UK
LIMITED (100.0% held
by the subject company) VIETNAM DAEWOO
MOTOR CO., LTD. (100.0% held
by the subject company) |
|
Corporate
Ownership |
GENERAL MOTORS COMPANY(GM)-Newly established as of 07/10/2009 GENERAL MOTORS
INVESTMENT PTY LTD. |
|
Major
Shareholders |
GENERAL MOTORS
INVESTMENT PTY LTD. |
|
Cooperative
Enterprise |
-Insured
Company SAMSUNG FIRE & MARINE INSURANCE CO., LTD.(110111-0005078) LIG INSURANCE CO., LTD.(110111-0017859) DONGBU INSURANCE CO., LTD.(110111-0095285) - Working Capital Agreement with KOREA
DEVELOPMENT BANK(110135-0000937) -Loan
Agreement with GM EUROPE
TREASURY COMPANY AB - Contract Assembly Agreement with FABRYKA SAMOCHODOW OSOBOWYCH SPOLKA AKCYJNA(FSO) |
Sales by Region
(Activity & Markets)
|
Sales/ Unit : KRW |
2011 |
2010 |
2009 |
|
Export |
12,981,699,264,053 |
10,840,136,372,554 |
7,991,691,845,529 |
|
Domestic |
2,086,301,959,515 |
1,757,285,920,593 |
1,540,850,067,844 |
|
Total |
15,068,001,223,568 |
12,597,422,293,147 |
9,532,541,913,373 |
The Subject exports
to USA.
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
Supreme Court of Korea |
|
The Subject Company |
Salaries |
1,014 |
The Subject has been defeated partially at 2nd round partially, and 3rd
round is proceeding. |
|
|
Seoul High Court |
- |
The Subject Company |
Salaries |
2,911 |
The Subject has been defeated partially at 1st round, and 2nd
round is proceeding. |
|
|
Seoul District Court |
- |
The Subject Company |
Salaries |
4,549 |
1st round is proceeding. |
It is known that there are several cases in proceeding, but the subject considers
these claims can be settled within the insurance policy.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.41 |
|
|
1 |
Rs.102.54 |
|
Euro |
1 |
Rs.85.20 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.