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| Type | Company | [sources] | |||
|---|---|---|---|---|---|
| Name | Pan Systems Pte. Ltd. (Pyongyang branch) | [sources] | |||
| Other name | Glocom · International Golden Services, International Global System · Pan Systems Pyongyang · Wonbang Trading Co. | [sources] | |||
| Incorporation date | not available | [sources] | |||
| Jurisdiction | not available | [sources] | |||
| Country | North Korea | [sources] | |||
| Registration number | not available | [sources] | |||
| Description | Key player in financial operations related to the network of Global Communications (Glocom) in order to circumvent sanctions on behalf of the DPRK. Pan Systems in Singapore started doing business in 1996. Almost two years later, Ryang Su Nyo suggested establishing a representative office to help her in sales and logistics. The company is operated by the DPRK Reconnaissance General Bureau (RGB; KPe.031) and was designated by South Korea in March 2016. "According to a UN Member State, an Indonesian company, Advanced Technology Facility, on behalf of Pan Systems Pyongyang, provided training on how to use Glocom radios to the Ethiopian National Defence Forces in December 2022." | [sources] | |||
| Phone | +850-218-111 (ext. 8636) | [sources] | |||
| Website | glocom-corp.com | [sources] | |||
| Address | Room 818, Pothonggang Hotel, Ansan-1-Dong, Pyongchon district, Pyongyang, North Korea | [sources] | |||
| Source link | www.nknews.org | [sources] | |||
| Last changed | Last checked | First seen | |||
According to Paragraph 85 (p. 36) of the UN Panel of Experts February 2017 report, the Panel is investigating if Pan System Pyongyang's alias "Wonbang Trading Co." is actually referring to the North Korean company "Wonbong Trading Co.". Global Communications as well as International Golden Services and International Global System are listed as aliases of Pan Systems Pte. Ltd. (Pyongyang branch) in the recommendation for designation by the UN Panel of Experts since September 2017.
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| Employees | ||||
|---|---|---|---|---|
| Employee | Role | Start date | End date | |
| Kim Chang Hyok | Representative in Malaysia | - | - | |
| Pyon Won Gun | Employee (responsible for acquisition matters) | - | - | |
| Kim Sung Su | Representative in China | - | - | |
| Ri Sin Song | Employee | - | - | |
| Pae Won Chol | Employee | - | - | |
| Kim Pyong Chol | Employee | - | - | |
| Ryang Su Nyo | Director | - | - | |
| Linked from | ||||
|---|---|---|---|---|
| Subject | Role | Start date | End date | |
| Daedong Credit Bank | Client of Daedong Credit Bank | - | - | |
| Linked to | ||||
|---|---|---|---|---|
| Object | Role | Start date | End date | |
| International Global Systems Sdn Bhd | International Global Systems is a front company of Pan Systems Pyongyang | - | - | |
| Korea Mining Development Trading Corporation | Pan Systems Pyongyang regularly received funds from KOMID | |||
| Zagre Computer Components and Assembly Line Company | Business partner | - | ||
| Korea Hyoksin Trading Corporation | Pan Systems Pyongyang regularly received funds from Korea Hyoksin Trading | |||
| Advanced Technology Facility | Associated | - | - | |
| Global Communications Co. | Global Communications Co. is a front company of Pan Systems Pyongyang | - | - | |
| Reconnaissance General Bureau (DPRK) | Pan Systems Pyongyang is operated by the Reconnaissance General Bureau | - | - | |
| Pan Systems (S) Pte. Ltd. | Linked | - | - | |
| International Golden Services Sdn Bhd | International Golden Services is a front company of Pan Systems Pyongyang | - | - | |