MIRA
INFORM REPORT
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Report Date : |
17.01.2007 |
IDENTIFICATION DETAILS
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Name : |
DIASQUA INT'L LTD |
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Registered Office : |
Rm 401-2, 4fl Guard Force Centre |
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Country : |
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Date of Incorporation : |
MARCH
20, 2000 |
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Com. Reg. No.: |
709126 |
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Legal Form : |
Private |
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Line of Business : |
Trading
diamond and jewelry products. |
RATING & COMMENTS
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MIRAs Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
DIASQUA INT'L LTD
RM 401-2, 4FL GUARD FORCE CENTRE
EAST HUNGHOM
TEL: 852-22096600 FAX: 852-22096620
EXECUTIVE SUMMARY
INCORPORATION
DATE : MARCH 20, 2000
REGISTRATION
NO. : 709126
LEGAL
FORM : PRIVATE
CHIEF
EXECUTIVE : MR. TONY
NIMESH PIYUSH MEHTA (MANAGING DIRECTOR)
STAFF
STRENGTH : 10
CAPITAL : US$
5,148,005
BUSINESS
LINE : TRADER
TURNOVER : N/A (AS OF DEC.
31, 2005)
EQUITIES : N/A (AS OF
DEC. 31, 2005)
PAYMENT : AVERAGE
RECOMM.
MARKET
CONDITION : COMPETITIVE
FINANCIAL
CONDITION : STABLE
OPERATIONAL
TREND : STEADY
GENERAL
REPUTATION : AVERAGE
EXCHANGE
RATE : HKD 7.79863 =
US$1 AS OF 2007-1-16
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
HKD
*Trading
Name*
============
Although
the company is legally registered by the name listed above, it is commonly
known by the following Trading Names under which it operates locally:
-
DIASQUA (HK)
-
DIAGLOBE (HK)
-
DIAJEWEI (HK)
*Company
Registration*
==================
(1)
License
number : 709126
Date
issued : 20 March, 2000
Issuing
authority : Companies Registry
Type of
license : Corporate
(2)
License
number : 15307483
Issuing
authority : Business Registration
Office - Inland Revenue Dept
Type of
license : Business
*Registrar*
=========
MOORE
STEPHENS ASSOCIATES LTD
*Capital
Details*
============
Authorized
capital : HKD 40,000,000.00 divided into 40,000,000 ordinary shares of HKD
1.00/-each, fully paid
*Office
& Facilities*
===============
Other
e-mail : kowloon@diasqua.com
Previous
Contact Details
---------------------------------
Address : 706-7 Carnarvon Plaza
Tel
no. : 27230237
Fax
no. : 27393132
Year of
relocation : 2004
*Reputation*
==========
Reference
checking for the purpose of establishing the firm's reputation within the
respective industry failed to reveal any negative information.
*Approved
Signatures*
=================
Only Mr.
Rajul Nimesh Mehta can sign on behalf of the company with seal affixed.
www.diasqua.com The design is professional and
the content is well organized. At present it is in English version.
E-mail: facets@diaqua.com
For the
past two years there is no record of litigation.
*Major
Shareholders*
================
Total
number of shareholders : 4
Total
number of ordinary shares : 40,000,000
Shareholders'
Name No. of Ordinary
Shares Amount of Shares (HKD) % of Shares
--------------------------
-------------------------------
----------------------------------
----------------
Tony
Nimesh Piyush Mehta 10,000,000 10,000,000.00 25.00
Rajul
Nimesh Mehta
10,000,000
10,000,000.00
25.00
Romy
Piyush Mehta
10,000,000
10,000,000.00 25.00
Vimesh
Piyush Mehta
10,000,000
10,000,000.00
25.00
*Director's
Details*
===============
(1)
Rajul
Nimesh Mehta
HKID no.
: P195864(3)
Address : Flat B2, 20Fl
(2)
Priti
Romy Mehta
HKID no.
: R151747(2)
Address : Duplex B 17-18Fl The
(3)
Romy
Piyush Mehta
HKID no.
: R148936(3)
Address : Duplex B 17-18Fl The
Shareholders'
Details
-----------------------------
Vimesh
Piyush Mehta
Address
:
*Corporate
Secretary*
=================
FIRST
ISLAND SECRETARIES LTD
CR
no. : 49295
Address
: 902 Silvercord Tower 2,
Management:
Mr. Tony Nimesh Piyush Mehta, Managing Director
*Key
Personnel*
=============
Tony
Nimesh Piyush Mehta
HKID
no. : P146336(9)
Responsibilities : Handles the overall management of the
company.
Address : Flat B2, 20Fl
*Main
Products & Services*
======================
Specializes
in trading diamond and jewelry products.
Products:
Coloured diamonds
Colourless diamonds
Diamonds
Gems
Gold jewelry
*Payment
Terms*
=============
Sales
-------
Local : Cash or Credit
Export : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
--------------
Local : Cash or Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Exhibition
Participation*
===================
Participated
in the following local exhibitions:
(1)
Exhibition
fair : Hongkong International Jewellery
Show 2000
Date
attended : 6-9 March, 2000
Location : Hongkong Convention &
Exhibition Centre
(2)
Exhibition
fair : Hong Kong Jewellery & Watch
Fair 2006
Date
attended : 22-25 June, 2006
Location :
(3)
Exhibition
fair : Hong Kong Jewellery & Watch
Fair 2006
Date
attended : 18-23 September, 2006
Location :
*Local
Distribution Network*
=======================
Part of
the annual turnover is attributed to local sales.
*Export
Markets*
=============
Part of
the annual turnover is attributed to export.
*International
Exhibition Participation*
============================
Participated
in the following overseas exhibitions:
(1)
Exhibition
fair : JCK Show 2006
Date
attended : 3-7 June, 2006
Location :
(2)
Exhibition
fair : JAA Australian Jewellery Fair
2006
Date
attended : 20-22 August, 2006
Location :
(3)
Exhibition
fair : International Jewellery London
2006
Date
attended : 3-6 September, 2006
Location :
*(Subsidiaries,
Joint-ventures & Affiliates)
===============================
Company
Name : DIAGLOBE BVBA
Global
Identifier : P0893125
Address
: Room 416 Bus 229 Hovenierstraat 30 Antwerpen 2018
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA (
Global
Identifier : P0893111
Address
: 2Fl Kato Bldg 3-41-4 Taito-ku Taito-ku Tokyo 1100016 Japan
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA (
Global
Identifier : 31607097
Address
: 611-2, 26Fl
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA IMPEX PTE LTD
Global
Identifier : P0372915
Address
: Asia Insurance Bldg 2 Finlayson Green #14-02 049247
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company Type
: Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA INC
Global
Identifier : P0893127
Address
:
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA INDIA PVT LTD
Global
Identifier : P0893122
Address
: 302 Prasad Chambers Opera House Mumbai (
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA INT'L LTD
Global
Identifier : P0893112
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA MIDDLE
Global
Identifier : P0893123
Address
: M8 Mezzanine Fl
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
Company
Name : DIASQUA PTY LTD
Global
Identifier : P0893120
Address
: Suite 311-312 The Trust Bldg
Country
:
Relationship
: Affiliate
Legal
Form : Private Limited Company
Company
Type : Trader
Industry
: Giftware & Jewellery
*Strategic
Partners & Alliances*
========================
Group
name : DIASQUA Group
Group
members : - DIASQUA (NIPPON) CO LTD
- DIASQUA INT'L LTD
- DIASQUA (
- DIASQUA
SINGAPORE PTE LTD
- DIASQUA PTY
LTD
- DIASQUA INDIA
PVT LTD
- DIASQUA MIDDLE EAST LLC
- DIAGLOBE BVBA
- DIASQUA INC
Details : The group was founded in
1933 dealing with diamonds and other precious stones.
PAYMENT RATING : 3 OBTAINED SCORES : 57
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Implication |
Implications |
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1 |
Scores 85100 |
Excellent |
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2 |
Scores 75 84 |
Above Average |
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3 |
Scores 50 74 |
Average |
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4 |
Scores 35 49 |
Fair |
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5 |
Scores 15 34 |
Below Average |
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6 |
Scores 01 14 |
Poor |
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NR |
No Data |
No Data |
The
rating indicates the payment pattern of SC based upon our Payment Database,
comments from suppliers of SC, information from banks (if available), as well
as industrial sources.
Dealings on open terms may be possible for
MODERATE amounts depending on individual judgement experience.
As a
private limited company there is no legal requirement according to local
corporate law for public disclosure of detailed financials.
SC is
considered small-sized in its line with an acceptable basis to come into credit
dealings of moderate amount.
Attached:
trade references
SIC
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Trading 3911
Jewelry, of precious metal
Trading 3961
Jewelry of materials other than solid
gold, platinum & silver
Trading 5094
Jewelry/Watches/Precious Mtl
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Trading 7102
Diamonds, worked or not,
not mounted or set
Trading 7102100000
Diamonds, unsorted
Trading 7113
Articles of jewelry &
parts, of precious metal or clad
Trading 7113195000
Gold jewelry nesoi, goldsmiths wares
nesoi and other gold articles
Trading 7113200000
Jewelry and parts, base metal clad w
precious metal
DETAILED PRODUCT CLASSIFICATION &
ACTIVITY
Activity Product/Service
Description
Trading Jewelry
INTERNATIONAL TRADE : ACTIVITY & MARKETS
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Exporting
to
Importing
from
Importing
from
Importing
from
Importing
from
Importing
from
Importing
from
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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