MIRA INFORM REPORT

 

 

Report Date :

03.04.2012

 

IDENTIFICATION DETAILS

 

Name :

MKS (SWITZERLAND) SA

 

 

Registered Office :

Promenade de Saint-Antoine 10 1204 Genève

 

 

Country :

Switzerland

 

 

Date of Incorporation :

05.09.1979

 

 

Com. Reg. No.:

660.0.318.979-2 / 221406

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Precious metals and financial services group of companies specializing in all aspects of gold and other precious metals processing and trading.

 

 

No. of Employees :

300

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

CHF 1'200'000

Status :

Satisfactory

Payment Behaviour :

No Complaints

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Switzerland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name and address

 

MKS (Switzerland) SA

 

Operating address:

Promenade de Saint-Antoine 10

1204 Genève

Switzerland/CH

 

Telephone:                    022 8185200

Fax:                             022 3111800

 

Web site:                      http://www.mks.ch

E-mail:                         info@mks.ch

 

VAT-No.:                      CHE105871847

 

 

Profile

 

Established:                  1979

Line of Business:           Financial services, Trade brokers

Industry Division:           Services, Wholesale trade

Industry-code (NACE):   6499       Other financial service activities, except insurance and pension funding n.e.c.

                                    4612       Agents involved in the sale of fuels, ores, metals and industrial chemicals

Import/Export:               Export

Banks:                         unknown

Organisation level:         Ultimate Parent

 

 

Operational Figures

 

Coverage:                     Group

Figures:                        estimated

Employees:                  300

Sales:                          USD 200-400 Mio

 

 

Activity

 

MKS is a precious metals and financial services group of companies specializing in all aspects of gold and other precious metals processing and trading. It develops and maintains long-term relationships, and offers a wide range of services in those markets.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                660.0.318.979-2 / 221406

Legal form:                    Company limited by shares

Registration:                 05.09.1979

Legal status:                 active

Responsible Register:    Registre du commerce du canton de Genève

Auditor:                        Ernst & Young SA,  Lancy

History:                        Date of Statutes: 18.12.1990

                                    Date of Statutes: 14.12.2011

                                    Date of Statutes: 02.07.2003

 

Entry          Deleted      Name

19.12.2011                    MKS (Switzerland) SA

                  19.12.2011  MKS Finance SA

 

Entry          Deleted      Legal domicile

active                           Genève, Switzerland

 

Entry          Deleted      Address

active                           Promenade Saint-Antoine 10, 1200 Genève/GE, Switzerland/CH

 

Entry          Deleted      Capital

active                           Share Capital CHF 30'000'000, paidup CHF 30'000'000

 

Entry          Deleted      Capital Structure

active                           30'000 Registered shares of CHF 1'000.--

 

Entry          Deleted      Activity (original Language)

19.12.2011                    Toutes opérations relatives aux métaux précieux et autres matières premières et instruments financiers.

                  19.12.2011  Opérations financières et commerciales, notamment avec l'étranger; commerce de métaux précieux, de devises, de titres et d'autres instruments financiers et de matières premières ainsi que gestion d'avoir pour le compte de tiers.

 

Entry          Deleted      Remarks (original Language)

active                           Publishing authority: FOSC.

19.12.2011                    Reports: Communication aux actionnaires: lettre recommandée.

13.10.2005                    Merger: Reprise des actifs et passifs de la société MKS Capital Management SA, à Genève (CH-660-0248986-0), selon contrat de fusion du 20.07.2005 et bilan au 30.06.2005, présentant des actifs de CHF 11'504'236, des passifs envers les tiers de CHF 486'658, soit un actif net de CHF 11'017'578. La société reprenante détenant l'ensemble des actions de la société transférante, la fusion ne donne pas lieu à une augmentation du capital, ni à une attribution d'actions.

 

Official Administration

 

Title                                           Name

President                                    Marwan M. Shakarchi, Origin: Cologny, Switzerland, Address: Meinier, Switzerland, joint signature of two

Executive Director                        Stanley Walter, Origin: Schaffhouse, Switzerland, Address: Saint-Prex, Switzerland, joint signature of two

Executive Director                        Karma Shakarchi-Liess, Origin: Cologny, Switzerland, Address: Cologny, Switzerland, joint signature of two

Executive Director                        Venkata Gopalakrishnan, Origin: Vernier, Switzerland, Address: Voorschoten, Netherlands, joint signature of two

Executive Director                        Hendrik Guustaaf Moorrees, Origin: Netherlands, Address: JS Blaricum, Netherlands, joint signature of two

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Marwan M. Shakarchi

 

 

Owner/-s

 

Owner:                         The company is privately owned.

 

Class:                          unknown

Name:                          Karma Shakarchi-Liess

City/Country:                 Cologny, Switzerland/CH

 

Class:                          unknown

Name:                          Marwan M. Shakarchi

City/Country:                 Meinier, Switzerland/CH

 

 

Investments

 

Class:                          100%

Name:                          GoldAvenue Sàrl

City/Country:                 Genève, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          MKS CAPITAL LTD

City/Country:                 Sydney, Australia/AU

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          MKS Precious METALS SDN. BHD

City/Country:                 Kuala Lumpur, Malaysia/MY

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          MKS Precious Metals (Singapore) Pte. Ltd.

City/Country:                 Singapur, Singapore/SG

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          MKS Precious METALS (THAILAND) CO. LTD.

City/Country:                 Bangkok, Thailand/TH

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Pamp Ventures SA

City/Country:                 Genève, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          50-99%

Name:                          Pamp SA

City/Country:                 Castel San Pietro, Switzerland/CH

 

Class:                          50%

Name:                          Pamp Distribution SA

City/Country:                 Genève, Switzerland/CH

Interest:                        50.00% voting right, 50.00% capital interest

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

11.10.2011          2011                           0

11.10.2011          2010                           0

11.10.2011          2009                           0

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Credit Information

 

Financial Statements:    The company does not disclose any financial statements. Third parties are not permitted any insight into the financial affairs. It is therefore difficult to make a proper assessment of the actual situation.

 

Financial Situation:        The financial situation is in order.

 

Payment experiences:   Financial obligations are met as appropriate.

 

Maximum Credit:           CHF 1'200'000.--

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.15

UK Pound

1

Rs.81.80

Euro

1

Rs.68.34

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.