MIRA
INFORM REPORT
|
Report Date : |
8th March, 2007 |
RATING &
COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
No Trace |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
GENERAL
OBSERVATION
COMPANY NAME & ADDRESS
MASTERPIECE
DIAMONDS LTD.
UNIT 06, 10/F, TOWER B, HUNGHOM COMMERCIAL
CENTRE,
37 MA TAU WAI ROAD, KOWLOON, HONG KONG. (AS REGISTERED)
TEL :
NOT REGISTERED
FAX :
NOT REGISTERED
Narrative report
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling a standard report.
l
The enquired co has been out of business or its business address has
been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its
credit standing.
SC is a private limited co. incorporated under co. file no. 980038 on
2-6-2005.
Details of its incorporation information are shown to be as follows:
Authorized capital : HK$10,000 divided into 10,000 shares @HK$1.-
Paid-up capital :HK$1
Shareholders/subscribers (as at 30-6-2006)
Name(s), ID/passport number, nationality & registered address No. of
Shares
Hbibian George / 093758633 1
/ 253 Buttonwood Drive Paramus, New Jersey, 07652, USA. ==
Directors(as at 1-11-2006)
Name(s), ID/passport number & nationality Registered address
Masterpiece Diamonds LLC 240
West 35th Street, STE 1200, New York, NY10001, USA.
Current search reveals certain material change or amendment of SC has
been
recorded within the last 2 years & noted as follows:
Partial change in SC's directorship is as follows:
Name(s) of resigned director(s) Resignation
date
Cuartero Shari 30-6-2006
Habibian George 1-11-2006
Name(s) of newly appointed director(s) Appointment
date
Masterpiece Diamonds LLC 1-11-2006
This section will contain the civil litigations & winding-up
petitions filed against SC for the last 6 years (as stored in our database),
and the mortgage/charge filed by SC for the last 2 years. In Hong Kong,
creation of such mortgage/charges by an unlimited co is not required to be
registered in the public records.
Civil
litigation/winding-up petitions: None
in our database.
Mortgage/charge
record(s): None filed since its
incorporation date.
Materpiece Diamonds LLC, corporate director, whose partial information
is as follows:
- Business address: 240 West
35th Street, STE 1200, New York, NY 10001, USA.
- Business line: Engaged in
manufacturing of fashion & costume jewelry
- Civil litigation records: None
in our database
SC's principals are residing overseas & information regarding their
background is not available.
Detailed information regarding its activities is not available.
Property ownership : Current land search indicates that the
ownership details of the heading
business address is as follows:
- Owners(s) : Sanlong Ltd.
- Date of purchase & amount : NA
- Date of mortgage & secured amount : NA
- Mortgagee : NA
SC is not known to have any subsidiary at present.
On 5-3-2007, a visit to the premises at the heading business address by
our field reporter revealed the following:
The address is a commercial premises outside of which SC's name &
`Sanlong Ltd.' were seen on display.
The gross area of the premises is estimated at 1,400 square feet.
Condition inside the premises during our visit: Normal
Office/factory outlay: Standard
A female who identified herself as SC's staff member, was contacted
there. She advised that only SC's principal(s) could handle outside parties'
business enquiries on SC. SC's principal(s) were not in office by that time.
She had promised to pass our message & deliver our brochure &
questionnaire to SC's principal(s).
However, we have not yet received any reply.
Our current inquiry reveals that no such name as SC is registered as a current
user of local fixed line telephone companies.
Despite having exhausted all our effort, we are unable to obtain sufficient information to assess SC's credit standing.