|
Report No. : |
339965 |
|
Report Date : |
08.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
TAEGUTEC
LTD. |
|
|
|
|
Registered Office : |
1040, Gachang-ro, Gachang-myeon,
Dalseong-gun, Daegu, Korea |
|
|
|
|
Country : |
South
Korea |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
17.04.1998 |
|
|
|
|
Com. Reg. No.: |
514-81-30657 |
|
|
|
|
Legal Form : |
Limited
Liability Company(LLC) (from Co., Ltd by Shares) as of 07/30/2009 Foreign Direct Investment Corporation |
|
|
|
|
Line of Business : |
Manufacture of Metal Cutting Machines |
|
|
|
|
No. of Employees : |
1,300 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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 economic 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. A system of close government and
business ties, including directed credit and import restrictions, initially
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 7%
in 1998, and then recovered by 9% in 1999-2000. South 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. South Korea's export focused economy was hit hard by the 2008 global
economic downturn, but quickly rebounded in subsequent years, reaching over 6%
growth in 2010. The US-Korea Free Trade Agreement was ratified by both governments
in 2011 and went into effect in March 2012. Between 2012 and 2014, the economy
experienced slow growth due to sluggish domestic consumption and investment.
The administration in 2015 is likely to face the challenge of balancing heavy
reliance on exports with developing domestic-oriented sectors, such as
services. The South Korean economy's long-term challenges include a rapidly
aging population, inflexible labor market, dominance of large conglomerates
(chaebols), and the heavy reliance on exports, which comprise about half of
GDP. In an effort to address the long term challenges and sustain economic
growth, the current government has prioritized structural reforms,
deregulation, promotion of entrepreneurship and creative industries, and the
competitiveness of small and medium enterprises.
|
Source
: CIA |
|
Company Name |
TAEGUTEC
LTD. (Korean
Company Name : “대구텍(유)”) |
|
Registered Address |
1040, Gachang-ro, Gachang-myeon,
Dalseong-gun, Daegu, Korea (Old Address System : 304, Yonggye-ri,
Gachang-myeon, Dalseong-gun, Daegu, Korea) |
|
Building |
|
|
Zip Code |
42936 |
|
Tel |
+82-53-760-7114 |
|
Fax |
+82-53-768-9677 |
|
E-mail |
ttsales@taegutec.co.kr;ct_d_sales@taegutec.co.kr;leeyj@taegutec.co.kr |
|
Website |
www.taegutec.co.kr |
|
Trading Address |
Rm.1313,
Byucksan DigitalvalleyⅤ, 244,
Beotkkot-ro, Geumcheon-gu, Seoul, Korea (Old Address System : Rm.1313,
Byucksan DigitalvalleyⅤ, 60-73,
Gasan-dong, Geumcheon-gu Seoul, Korea) |
|
Tel |
+82-2-6393-8909 |
|
Fax |
+82-2-6393-8957 |
|
Other Address-Daegu Sales Office |
16,
Yutongdanji-ro, Buk-gu, Daegu, Korea |
|
Tel |
+82-53-604-5270 |
|
Fax |
+82-53-604-5275 |
|
Other Address-Ulsan Sales Office |
35,
Maegoksaneop-ro, Buk-gu, Ulsan, Korea |
|
Tel |
+82-52-274-3911 |
|
Fax |
+82-52-274-3912 |
|
Other Address-Chang Won Sales
Office |
320,
Woni-daero, Uichang-gu, Changwon-si, Gyeongsangnam-do, Korea |
|
Tel |
+82-55-238-3452 |
|
Fax |
+82-55-238-3455 |
|
Other Address-Jungbu Sales Office |
6th Kwangju Muyeok Hoikwan Bldg, 282, Mujin-daero,
Gwangsan-gu, Gwangju, Korea |
|
Tel |
+82-62-943-3904~3906 |
|
Fax |
+82-62-943-8909 |
|
Other Address-Busan Sales Office |
803, Industrial Building 37, Gwaegam-ro, Sasang-gu, Busan, Korea |
|
Tel |
+82-51-319-1647~9 |
|
Fax |
+82-51-319-1654 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Metal Cutting Machines |
|
Main Business |
Cutting Machinery, Tungsten Powder, Metal Cutting Tool, Metal Cutting
Processing Tool, Insert, Milling Cutter, Turning Folder |
|
Sub
Business |
Manufacture of Powder Metallurgic Products |
|
Established (mm/dd/yyyy) |
04/17/1998 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Cutting tools(23153300) |
|
Sell |
Inserts(31162802) |
|
Name |
Han Hyun-Jun |
|
Address |
Suite 201-1904, 863, Gukchaebosang-ro,
Dong-gu, Daegu, Korea |
|
Date of Birth |
04/15/1960 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
296,204,820,000 |
||||||
|
Employees |
1,300 |
||||||
|
Formation |
Limited Liability Company(LLC) (from Co.,
Ltd by Shares) as of 07/30/2009 Foreign Direct Investment Corporation |
||||||
|
Bank Details |
Shinhan Bank-Daegu Branch KEB Hana Bank-Daegu Branch(429, Jungang-daero, Jung-gu, Daegu, Korea) Woori Bank |
||||||
|
Corporate Registered No. |
170114-0008298 (from 110111-1536387) as
of 07/30/2009 |
||||||
|
Business Registered No. |
514-81-30657 |
||||||
|
Permit & Licenses |
05/19/2006 ISO 9001 Int’l Trade No.: 11543433 |
||||||
|
Shareholder Position |
|
||||||
|
Company History |
04/17/1998 Incorporated as Korea Cutting
Tools Ltd. 07/20/1998 Changed company name to Korea
Jung-Suck Cho-Kyung Ltd. 12/11/2002 Increased the authorized shares
to 40,000,000 KRW from 10,000,000 KRW 04/20/2003 Increased capital to 103,928,960,000 KRW 07/21/2003 Changed company name to the
present name 11/26/2004 awarded US$50 Million Export
Top Prize 01/23/2009 Increased capital to
163,928,960,000 KRW from 103,928,960,000 KRW 07/30/2009 Changed its company type to Limited
Responsibility Company from Co., Ltd by Shares 08/12/2009 Increased capital
to168,150,810,000 KRW from 163,928,960,000 KRW 05/06/2010 Increased capital to 208,150,810,000 KRW from 168,150,810,000 KRW 04/13/2011 Increased capital to 209,127,020,000 KRW
from 208,150,810,000 KRW 12/26/2011 Increased capital to 211,004,820,000 KRW
from 209,127,020,000 KRW 01/04/2012 Increased capital to 251,004,820,000 KRW from
211,004,820,000 KRW 04/30/2013 Increased capital to 296,204,820,000 KRW
from 251,004,820,000 KRW |
||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Han Hyun-Jun |
Male |
Korean |
03/30/2015 |
|
Director |
Mr. |
Moshe Sharon |
Male |
Israeli |
03/30/2012 |
|
Director |
Mr. |
Jacob Hapaz |
Male |
Israeli |
03/30/2012 |
|
Director |
Mr. |
Erez Mizrahi |
Male |
Israeli |
06/24/2013 |
|
Director |
Mr. |
Park Byung-Kil |
Male |
Korean |
09/26/2010 |
|
Auditor |
Mr. |
Im Song-Dae |
Male |
Korean |
03/30/2012 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2013 |
|
|
|
|
2012 |
|
|
|
|
2011 |
616,639,287,000 |
1,091,708,835,000 |
250,679,612,000 |
|
2010 |
459,517,614,000 |
772,731,878,000 |
127,900,570,000 |
|
2009 |
|
|
|
|
2008 |
|
|
|
|
2007 |
306,392,270,674 |
485,686,552,971 |
76,420,403,225 |
|
2006 |
270,648,593,333 |
401,338,922,755 |
57,216,530,308 |
|
2005 |
247,755,378,800 |
413,769,662,755 |
75,729,612,726 |
|
2004 |
194,542,813,748 |
321,636,366,858 |
52,386,940,941 |
|
2003 |
147,743,593,737 |
259,353,334,373 |
41,962,152,934 |
The latest financials
are not available, and the Subject Company does not have any obligations to
release its financials to the public.
|
Authorized Capital(KRW) |
Not Applicable to the Limited Liability Company(LLC) |
|
Paid-Up Capital(KRW) |
296,204,820,000 |
|
Total Issues Shares |
Not Applicable to the Limited Liability Company(LLC) |
|
Balance Sheet |
|||
|
Unit : Korean Won |
|
As of 12/31/2011 |
As of 12/31/2010 |
|
Total Assets |
|
1,091,708,835,000 |
772,731,878,000 |
|
Current Assets |
|
629,920,428,000 |
450,241,631,000 |
|
-Quick Assets |
|
- |
- |
|
-Inventories |
|
- |
- |
|
Fixed Assets |
|
461,788,407,000 |
322,490,247,000 |
|
-Investment |
|
- |
- |
|
-Tangibles |
|
- |
- |
|
-Intangibles |
|
- |
- |
|
Total Liabilities |
|
201,891,920,000 |
95,569,634,000 |
|
Current Liabilities |
|
164,297,316,000 |
62,455,245,000 |
|
Fixed Liabilities |
|
37,594,604,000 |
33,114,389,000 |
|
Capital Stock |
|
211,004,820,000 |
208,150,810,000 |
|
Capital Surplus |
|
- |
- |
|
Profit Surplus |
|
690,285,690,000 |
483,810,551,000 |
|
Capital Adjustment |
|
-13,309,708,000 |
-13,488,008,000 |
|
Total Equity |
|
889,816,915,000 |
677,162,244,000 |
|
Liab. & Shareholder’s Equity |
|
1,091,708,835,000 |
772,731,878,000 |
|
Income Statement |
|||
|
Unit : Korean Won |
|
As of 12/31/2011 |
As of 12/31/2010 |
|
Sales |
|
616,639,287,000 |
459,517,614,000 |
|
Cost of Sold Goods |
|
318,245,705,000 |
268,406,308,000 |
|
Gross Profit |
|
298,393,582,000 |
191,111,306,000 |
|
Selling & Admin. Expenses |
|
48,307,840,000 |
43,558,792,000 |
|
Operating Income |
|
250,085,742,000 |
147,552,514,000 |
|
Non-Operating Income |
|
69,370,526,000 |
34,237,950,000 |
|
Non-Operating expenses |
|
46,688,528,000 |
33,822,647,000 |
|
Income Before Taxes |
|
272,767,740,000 |
147,967,817,000 |
|
Income Taxes Expenses |
|
22,088,128,000 |
20,067,247,000 |
|
Net Income |
|
250,679,612,000 |
127,900,570,000 |
|
Main Products & Services |
CUTTING TOOLS Turn Thread clamp mill Solid Carbide EndMills Taegu Drill Tooling System Tools for Automotive Parts INDUSTRIAL PRODUCTS Ultrahigh pressure apparatus Carbide Rolls Carbide Wear Parts Ceramic Wear Parts Tungsten Carbide Rods TUNGSTEN POWDERS |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
ISCAR LTD. INGERSOLL U.S.A INGERSOLL GMBH TAEGUTEC FRANCE |
|
Customers |
ISCAR LTD. INGERSOLL U.S.A INGERSOLL GMBH TAEGUTEC U.K TAEGUTEC SCANDINAVIA TAEGUTEC INDIA TAEGUTEC SHANGHAI TAEGUTEC ITALY TAEGUTEC BRAZIL TAEGUTEC TURKEY TAEGUTEC JAPAN TAEGUTEC FRANCE |
|
Competitors |
HWACHEON MACHINERY WORKS CO., LTD. 1022-7, BANGBAE 3-DONG, SEOCHO-GU, SEOUL,
KOREA TEL:+82-2-523-7766 FAX:+82-2-523-7767 DAEHWA INDUSTRIAL MACHINERY CO., LTD. 676-1, NAKSAN-RI, WAEGWAN-EUP, CHILGOK-GUN,
GYEONGSANGBUK-DO, KOREA TEL:+82-54-979-3000 FAX:+82-54-979-3030 FUSO INDUSTRIAL MACHINERY CO., LTD. 385-3, DEOKPO 2-DONG, SASANG-GU, BUSAN,
KOREA TEL:+82-51-302-1771 FAX:+82-51-302-3112 |
|
Affiliates |
INGERSOLL U.S.A INGERSOLL GMBH TAEGUTEC U.K TAEGUTEC SCANDINAVIA TAEGUTEC INDIA TAEGUTEC SHANGHAI TAEGUTEC ITALY TAEGUTEC BRAZIL TAEGUTEC TURKEY TAEGUTEC JAPAN TAEGUTEC FRANCE YZ ONE CO., LTD.(120111-0038639) XIAMEN HONGLU (30.0% held by the subject company) |
|
Overseas Office |
USA OFFICE 845 S LYFORD ROAD ROCKFORD, IL 61108-2749
U.S.A. TEL:+1-815-387-6600 FAX:+1-815-387-6968 TAEGUTEC BRAZIL RUA TITO, 104-LAPA-CEP 05051-000 SAO
PAULO-BRASIL TEL:+55 11 3862 1032 FAX:+55 11 3871 4575 TAEGUTEC UK WATERSIDE, GRANGE PARK, WETHERBY, LEEDS
LS22 5NB TEL:+44-1937-589828 FAX:+44-1937-589996 HARD METAL MACHINE TOOLS. LTD DARGAN HOUSE, DUNCAIRN TERRACE BRAY CO.
WICKLOW IRELAND TEL:+353-1-286-2466 FAX:+353-1-286-1514 TCE MOLENVELDWEG 14 5953KT REUVER, THE
NETHERLANDS TEL:+31-77-4742098 FAX:+31-77-4744030 USI-TOOLS PARC.IND.HAUTS-SARTS 1 AVENUE 145 4040
HERSTAL TEL:+32-42-480-481 FAX:+32-42-480-234 DECO-MECA Z. I. DES VALIGNONS B.P. 38 74460 MARNAZ,
FRANCE TEL:33-4-5098-2564 FAX:33-4-5098-8128 FRANCE OFFICE 82, QUAI AUGUSTE PREVOST F-77500 CHELLES,
FRANCE TEL:33-164-729510 TAEGUTEC-SCHNEIDWERKZEUGE KALTEICHE RING 21-25 D-35708 HAIGER,
GERMANY TEL:+49 (0) 2773-742-0 FAX:+49 (0)
2773-742-831 INTER CAST COMPANY WINDMUHLENSTRASSE 40 D-47800 KREFELD,
GERMANY TEL:+49-2151-1585 80 FAX:+49-2151-1585-52 ISCAR METALDUR SA SCHNEGG TOOLS AG SOLOTHURNSTRASSE 160 CH-
2500 BIEL 6 TEL:+0041- 32 341 8444 FAX:+0041- 32 341
8481 INTER CAST COMPANY WINDMUHLENSTRASSE 40 D-47800 KREFFLD,
GERMANY TEL:+49-2151-1585 80 FAX:+49-2151-1585-52 |
|
Overseas Office |
WINTER SERVIS LTD SUVOROVOVA 29,326 00 PLZEN, CZECH REP
PLZEN, CZECH REP TEL:+420-377-446-370 FAX:+420-377-440-696 INTEHNA D.O.O ADDRESS:SPRUHA 40, SI-1236, TRZIN SLOVENLA TEL:+386-1-580-9260 FAX:+386-1-562-2214 NONIUSZ SZERSZAM KERESKEDOHAZ H-1101 BUDAPEST, KOBANYAI UT 47/B HUNGARY TEL:36-1-260-3030 FAX:36-1-260-6083 CALMET S.L MIQUEL SERVET ,35 P.I BUFALVENT-08240
MANRESA BARCELONA, SPAIN TEL:+34-93-874-8530 FAX:+34-93-874-8148 EUROSIDER SISTEMAS Y SERVICIOS EN
SIDERURGIA, S.L AVDA. IFANTA CRISTINA 17 - ONDARRETA 20008
SAN SEBASTIAN, SPAIN TEL:+34-943-213-033 FAX:+34-943-312974 HEXATOOL SA RUA CASAL GALEGO, NO. 40, 44 2430 MARINHA
GRANDE, PORTUGAL TEL:+351-244-550424/5 FAX:+351-244-550426 TAEGUTEC ITALIA S.R.L. PIAZZA V.VENETO, 16-10043 ORBASSANO (TO),
ITALY TEL:+39-011-9015943 FAX:+39-011-9031563 VIA GALLARATE, 131 (VIA MAGREGLIO, ANG.
V.LE GHISALLO) 20151 MILANO, ITALY TEL:+39-02-38002694 FAX:+39-02-38002578 VIA ANDREA PALLADIO 23 25124 BRESCIA ITALY TEL:+39-030-231-0335 FAX:+39-030-231-0335 NONIUSZ SZERSZAM KERESKEDOHAZ H-1101 BUDAPEST, KOBANYAI UT 47/B HUNGARY TEL:36-1-260-3030 FAX:36-1-260-6083 TECHNOTOOL - K. FAKITSAS CO. MILIARAKI 20, 11145 ATHENS, GREECE TEL:30 2-10-832-0752, 30 2-10-854-2846
FAX:30-2-10-832-5824 TAEGUTEC TURKEY BOSTANC YOLU CAD. , KEYAP CARSI SITESI
NO:101/A YUKAR DUDULLU
UMRANIYE-ISTANBUL / TURKEY TEL:+90-216-313-4010 FAX:+90-216-313-4050 TAEGUTEC TURKEY BOSTANCIYOLU CAD. , KEYAP CARSI SITESI
NO:101/A YUKAR DUDULLU UMRANIYE-ISTANBUL / TURKEY TEL:+90-216-313-4010 FAX:+90-216-313-4050 E-MAIL: HSUNGUR@TEKOTEK.COM.TR |
|
Overseas Office |
ARK SANAYI URUNLERI TIC. LTD. STI BAGDAT CAD. NO:530 / 9, 34744 BOSTANCI
ISTANBUL -TURKEY TEL:90-216-416-7510 FAX:90-216-416-7514 TAEGUTEC SCANDINAVIA A/S OM0GADE 8, DK-2100 COPENHAGEN, DENMARK TEL:+45 70220103 FAX:+45 70220107 CARBO TECH NORDIC BERNHARD BANGS ALLE 39, DK-2000
FREDERIKSBERG, DENMARK TEL:+45-7022-2223 FAX:+45-7022-2234 PRIDE-TWL 123007, CHOROSHEVSKOJE SHOSSE, 32A, MOSCOW,
RUSSIA TEL : 7 095 247 26 41 FAX : 7 095 247 26 38 TAEGUTEC CHINA LTD. SHANGHAI OFFICE ROOM 1001,10/F, BAOSTEEL PUDONG
INTERNATIONAL TRADE TOWER, 88 HEDAN ROAD, WAIGAOQIAO FREE TRADE ZONE,
SHANGHAI, CHINA TEL:+86-21-5868-0970 FAX:+86-21-5868-0973 BEIJING ROOM #318, ZHONGCHEN OFFICE BUILDING, NO. 1
LIZE ZHONG 2 LU, WANGJING, CHAOYANG DISTRICT, BEIJING, CHINA.PC:100102 TEL:+86-10-6439-9905/9906
FAX:+86-10-6439-9907 SHENYANG ROOM D, 11TH FLOOR, NEW GANGAO
INTERNATIONAL BUILDING, NO. 51 BEIZHAN ROAD, SHENHE DISTRICT, SHENYANG, CHINA TEL:+86 -24-2256 6070, 22566072 FAX:+86-
24-2256 6211 KOREA TUNGSTEN TAEGUTEC FUZHOU OFFICE FUZHOU, FUJIAN SHENG, CHINA TEL:+86-0591-789-9935 FAX:+86-0591-789-9936 CANADD CORPORATION GUANGZHOU OFFICE ROOM914, GITIC PCAZA MAIN BUILDING 339
HUANSHI DONG RD. GUANGZHOU CHINA TEL:+86 020-83321602 FAX:+86 020-83321605 TAEGUTEC JAPAN ENDO BLDG.1F 1-14-25 TACHIBANA NAKA-KU
NAGOYA 460-0016, JAPAN TEL:+81-52-339-3337 FAX:+81-52-339-5553 TAIWAN FULL DARE CO., LTD NO. 176 HWAN-PEI ROAD, CHUNG LI CITY 32011,
TAIWAN , R.O.C. TEL:+886-3-422-9018 FAX:+886-3-425-3402 |
|
Overseas Office |
WHACKING INDUSTRY CO., LTD NO. 56, MING-TAI ST, KU-SHAN DISTRICT,
KAOHSIUNG, TAIWAN TEL:+886-7-552-0528 FAX:+886-7-554-1322 ARAICO ENTERPRISE CO., LTD 6F-2, NO. 47 CHUNG-HWA, 4TH ROAD, KAOHSIUNG
802, TAIWAN, R.O.C TEL:+07-336-4221 FAX:+07-334-9420 TAEGUTEC INDIA P LTD. PLOT NOS.119 AND 120, BOMMASANDRA
INDUSTRIAL AREA, PHASE IV,BANGALORE 560 099, INDIA TEL:+91-80 7831870 FAX:+91-80-7831869 J.P INDUSTRIAL SERVICES 311, F-WING, KAILASH INDUSTRIAL COMPLEX
PARK SITE, VIKHROLI(W) MUMBAI-400 079 INDIA TEL:+91-22-5555-1307 FAX:+91-22-2579-0744 TOOLING MASTER CO., LTD 246/40 M00. 8 T. SAMRONGTAI A. PHRAPRADAENG
SAMUTPRAKARN 10130 THAILAND TEL:+662-759-9300 FAX:+662-759-9173 VIET - THAI ENGINEERING JSC (VTEC) 29. NGOCLAM - LONGBIEN - HANOI - VIETNAM TEL:+84 - 4 - 6503426 FAX:+84 - 4 - 6503427 TAEGUTEC TOOLING SYSTEMS MALAYSIA SDN. BHD NO5, JALAN SUNGAI KAYU ARA32/39, TAMAN
BERJAYA, SEKSYEN 32 40460 SHAH ALAM SELANGOR DARUL EHSAN, MALAYSIA TEL:+603-57402288 FAX:+603-57402268 |
|
Overseas Office |
TT TOOLING SYSTEMS BK502, #03-823, JURONG WEST AVENUE 1,
SINGAPORE 640502 TEL:+65-6-4254918 FAX:+65-6-4254521 TAIWAN FULL DARE CO., LTD NO. 176 HWAN-PEI ROAD, CHUNG LI CITY 32011,
TAIWAN, R.O.C. TEL:+886-3-422-9018 FAX:+886-3-425-3402 WHACKING INDUSTRY CO., LTD NO. 56, MING-TAI ST, KU-SHAN DISTRICT,
KAOHSIUNG, TAIWAN TEL:+886-7-552-0528 FAX:+886-7-554-1322 ARAICO ENTERPRISE CO., LTD 6F-2, NO. 47 CHUNG-HWA, 4TH ROAD, KAOHSIUNG
802, TAIWAN, R.O.C TEL:+07-336-4221 FAX:+07-334-9420 COLT COMMERCIAL SUITE 505-A PADILLA DE LOS REYES BLDG. , 232 JUAN LUNA ST. BINONDO,
MANILA, PHILIPPINES TEL:+(63-2) 244-9756~7, 247-1489 / 91 / 92
FAX:+(63-2) 241-6745 TAEGUTEC AUSTRALIA PTY LTD. UNIT 53/9 HOYLE AVENUE CASTLE HILL NSW
2154, AUSTRALIA TEL:+61 2 98948077 FAX:+61 2 98949077 BETACUT SA(PTY) LTD NO. 43 SOUTH MAIN REEF ROAD NEW ERA SPRINGS
GAUTENG SOUTH AFRICA TEL:+2711-362-1500 FAX:+2711-362-1511 |
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Liaison Office |
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Overseas Branch |
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Joint Venture |
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Subsidiary |
TAEGUTEC TOOLING SYSTEMS MALAYSIA SDN. BHD. |
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Corporate Ownership |
BERKSHIRE HATHAWAY INC. IMC INTERNATIONAL METALWORKING COMPANIES
B.V. |
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Major Shareholders |
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Cooperative Enterprise |
-Operating lease contract ISCAR LTD. -Insured Company LIG INSURANCE CO., LTD.(110111-0017859) |
The Subject deals
with the companies in USA, Europe and Asia.
Not Available.
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.74 |
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1 |
Rs.101.36 |
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Euro |
1 |
Rs.74.27 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
TPT |
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.