MIRA INFORM REPORT

 

 

Report Date :

24.07.2013

 

IDENTIFICATION DETAILS

 

Name :

PICTET ASSET MANAGEMENT SA

 

 

Registered Office :

Route des Acacias 60 1227 Carouge GE/GE

 

 

Country :

Switzerland

 

 

Date of Incorporation :

16.08.2005

 

 

Com. Reg. No.:

660.1.773.005-1 / 800496

 

 

Legal Form :

Company Limited by Shares

 

 

Line of Business :

The business activities includes services in the areas of financial analysis, investment consulting, asset management, etc.

 

 

No. of Employees :

80

 

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 :

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 – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Switzerland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

SWITZERLAND - ECONOMIC OVERVIEW

 

Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 3.0% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 1.9% in 2011 and 0.8% in 2012. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.

Source : CIA


Company name and address

 

Pictet Asset Management SA

 

Operating address:

Route des Acacias 60

1227 Carouge GE/GE

Switzerland/CH

 

Telephone:                    058 3232323

Fax:                             058 3232324

 

Web site:                      http://www.pictet.com

E-mail:                         info@pictet.com

 

VAT-No.:                      CHE112481954

 

 

Profile

 

Established:                  2005

Line of Business:           Financial services, Consulting/Auditing

Industry Division:           Services

Industry-code (NACE):   6619       Other activities auxiliary to financial services, except insurance and pension funding

                                    7022       Business and other management consultancy activities

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        estimated

Employees:                  80

 

 

Activity

 

The business activities includes services in the areas of financial analysis, investment consulting, asset management, etc. The company is part of the bank Pictet & Cie and has fifteen business development centres in London, Geneva, Frankfurt, Luxembourg, Paris, Milan, Madrid, Zurich, Tokyo, Osaka, Taipei, Hong-Kong, Singapore, Dubai and Montreal.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                660.1.773.005-1 / 800496

Legal form:                    Company limited by shares

Registration:                 16.08.2005

Legal status:                 active

Responsible Register:    Registre du commerce du canton de Genève

History:                        Date of Statutes: 08.12.2006

                                    Date of Statutes: 06.12.2005

                                    Date of Incorporation Statutes: 03.08.2005

 

Entry          Deleted      Name

16.08.2005                    Pictet Asset Management SA

 

Entry          Deleted      Legal domicile

18.12.2006                    Carouge GE, Switzerland

16.08.2005  18.12.2006  Genève, Switzerland

 

Entry          Deleted      Address

18.12.2006                    Route des Acacias 60, 1227 Carouge/GE, Switzerland/CH

16.08.2005  18.12.2006  c/o Pictet et Cie, Boulevard Georges-Favon 29, 1200 Genève/GE, Switzerland/CH

 

Entry          Deleted      Capital

19.07.2013                    Share Capital CHF 1,100,000,000

19.12.2005  19.07.2013  Share Capital CHF 10,000,000, paidup CHF 10,000,000

 

Entry          Deleted      Capital Structure

19.12.2005                    10,000 Bearer shares of CHF 1,000,--

 

Entry          Deleted      Activity (original Language)

19.12.2005                    Exercer, en tant que négociant en valeurs mobilières, une activité d'analyse financière, de conseil en placement et de gestion d'actifs appartenant à des tiers.

 

Entry          Deleted      Remarks (original Language)

16.08.2005                    Publishing authority: Feuille Officielle Suisse du Commerce.

16.08.2005                    Reports: Communication aux actionnaires: Feuille Officielle Suisse du Commerce ou lettre recommandée s'ils sont tous connus

 

Entry          Deleted      Branches

18.04.2007                    Freigutstrasse 12, 8002 Zürich, ZH, Switzerland/CH

 

 

Official Administration

 

Title                                           Name

President                                    Renaud de Planta, Origin: Coire, Switzerland, Residential address: Cologny, Switzerland, joint signature of two, Registered since: 16.08.2005

Director                                       Xavier Barde, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 27.05.2010

Director                                       Nigel Burnham, Origin: United Kingdom, Residential address: Londres, United Kingdom, joint signature of two, Registered since: 27.05.2010

 

 

Management

 

Title                                           Name

Director                                       Elif Aktug, Origin: United Kingdom, Residential address: Genthod, Switzerland, joint signature of two, Registered since: 12.07.2011

Director                                       Derick Bader, Origin: France, Residential address: Troinex, Switzerland, joint signature of two, Registered since: 22.03.2006

Director                                       Mickael Benhaim, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 05.02.2007

Director                                       Philippe Billot, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 01.03.2007

Director                                       Nicholas Daxelhoffer, Origin: Oberrieden, Switzerland, Residential address: Zoug, Switzerland, joint signature of two, Registered since: 09.11.2010

Director                                       Philippe de Weck, Origin: Fribourg, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 03.05.2007

Director                                       Sébastien Eisinger, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Director                                       Nils Francke, Origin: Germany, Residential address: Carouge/GE, Switzerland, joint signature of two, Registered since: 01.03.2007

Director                                       Francesco Genovese, Origin: Genève, Switzerland, Residential address: Jussy, Switzerland, joint signature of two, Registered since: 01.03.2012

Director                                       Olivier Ginguene, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Director                                       Christèle Hiss, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Director                                       Gérard Huber, Origin: Hemberg, Switzerland, Residential address: Carouge, Switzerland, joint signature of two, Registered since: 22.03.2006

Director                                       Christoph Lanter, Origin: Steinach, Switzerland, Residential address: Risch, Switzerland, joint signature of two, Registered since: 22.03.2006

Director                                       Hans Peter Portner, Origin: Wahlern, Switzerland, Residential address: Nyon, Switzerland, joint signature of two, Registered since: 01.03.2007

Director                                       Caroline Reyl, Origin: France, Residential address: Cologny, Switzerland, joint signature of two, Registered since: 01.03.2007

Director                                       Frédéric Salmon, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 01.03.2007

Director                                       Philippe Sarreau, Origin: France, Residential address: Onex, Switzerland, joint signature of two, Registered since: 01.03.2007

Director                                       Christoph Schweizer, Origin: Affoltern am Albis, Switzerland, Residential address: Baden, Switzerland, joint signature of two, Registered since: 10.03.2011

Director                                       Udo Von Werne, Origin: Germany, Residential address: Küsnacht/ZH, Switzerland, joint signature of two, Registered since: 03.05.2007

Deputy Director                           Damien Baumgartner, Origin: Genève, Switzerland, Residential address: Plan-les-Ouates, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Caroline Bertrand, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 17.10.2011

Deputy Director                           Muriel Bise, Origin: Murist, Switzerland, Residential address: Bernex, Switzerland, joint signature of two, Registered since: 09.11.2010

Deputy Director                           David Bopp, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 10.06.2008

Deputy Director                           Jean Braun, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 02.04.2007

Deputy Director                           Alain Caffort, Origin: France, Residential address: Plan-les-Ouates, Switzerland, joint signature of two, Registered since: 18.07.2012

Deputy Director                           Benoit Capiod, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 17.10.2011

Deputy Director                           David Cawthrow, Origin: United Kingdom, Residential address: Market Marborough, United Kingdom, joint signature of two, Registered since: 16.03.2007

Deputy Director                           Stéphane Cornet, Origin: Belgium, Residential address: Founex, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Christine Daniou Ott, Origin: France, Residential address: Duillier, Switzerland, joint signature of two, Registered since: 03.05.2007

Deputy Director                           Luciano Diana, Origin: Italy, Residential address: Genève, Switzerland, joint signature of two, Registered since: 08.07.2009

Deputy Director                           Matthieu Fleck, Origin: France, Residential address: Chêne-Bougeries, Switzerland, joint signature of two, Registered since: 13.02.2012

Deputy Director                           Mircea Florescu, Origin: United Kingdom, Residential address: Genève, Switzerland, joint signature of two, Registered since: 03.05.2007

Deputy Director                           Roman Gaiser, Origin: Germany, Residential address: Genève, Switzerland, joint signature of two, Registered since: 20.09.2011

Deputy Director                           Steve Huguenin-Virchaux, Origin: Locle, Switzerland, Residential address: Nyon, Switzerland, joint signature of two, Registered since: 05.05.2009

Deputy Director                           Micki Junge, Origin: Genève, Switzerland, Residential address: Veyrier, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Olivier Knoblauch, Origin: Germany, Residential address: Crans-près-Céligny, Switzerland, joint signature of two, Registered since: 01.03.2007

Deputy Director                           Martin Kunz, Origin: Genève, Switzerland, Residential address: Saint-Saphorin-sur-Morges, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Bruno Lippens, Origin: Belgium, Residential address: Bogis Bossey, Switzerland, joint signature of two, Registered since: 12.02.2008

Deputy Director                           Jean-Michel Manry, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Elena Mendez Farboulet, Origin: Spain, Residential address: Meyrin, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Bertrand Mueller, Origin: Genève, Switzerland, Residential address: Vandoeuvres, Switzerland, joint signature of two, Registered since: 09.11.2010

Deputy Director                           Laurent Nguyen, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Carlos Ontaneda, Origin: United States of America, Residential address: Genève, Switzerland, joint signature of two, Registered since: 30.01.2008

Deputy Director                           Romain Peltier, Origin: France, Residential address: Chêne-Bougeries, Switzerland, joint signature of two, Registered since: 10.06.2008

Deputy Director                           Philippe Pol, Origin: Nyon, Switzerland, Residential address: La Rippe, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Alexandre Ris, Origin: Berne, Switzerland, Residential address: Plan-les-Ouates, Switzerland, joint signature of two, Registered since: 10.06.2013

Deputy Director                           Philippe Rohner, Origin: Coire, Switzerland, Residential address: Blonay, Switzerland, joint signature of two, Registered since: 01.03.2007

Deputy Director                           Eric Rosset, Origin: Genève, Switzerland, Residential address: Collonge-Bellerive, Switzerland, joint signature of two, Registered since: 09.11.2010

Deputy Director                           Dominique Salamin, Origin: Saint-Luc, Switzerland, Residential address: Nyon, Switzerland, joint signature of two, Registered since: 22.03.2006

Deputy Director                           Balcazar Sanchez, Origin: United Kingdom, Residential address: Genève, Switzerland, joint signature of two, Registered since: 20.09.2011

Deputy Director                           Louis Veilleux, Origin: Canada, Residential address: Puplinge, Switzerland, joint signature of two, Registered since: 01.03.2007

Deputy Director                           Simond Lan Wang, Origin: Chenit, Switzerland, Residential address: Versoix, Switzerland, joint signature of two, Registered since: 16.03.2007

Deputy Director                           Thomas Waterhouse, Origin: United Kingdom, Residential address: Carouge/GE, Switzerland, joint signature of two, Registered since: 18.07.2012

Deputy Director                           Patrick Zweifel, Origin: Glaris, Switzerland, Residential address: Lausanne, Switzerland, joint signature of two, Registered since: 02.11.2010

Vice-Director                               Prashant Agarwal, Origin: India, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Ijeoma Aghanya, Origin: United Kingdom, Residential address: Lancy, Switzerland, joint signature of two, Registered since: 08.07.2009

Vice-Director                               Ky-Thuan Bach, Origin: Veyrier, Switzerland, Residential address: Veyrier, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Melina Barras, Origin: Chermignon, Switzerland, Residential address: Lens, Switzerland, joint signature of two, Registered since: 29.01.2009

Vice-Director                               Alexander Baskov, Origin: Russia, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Aline Belaz, Origin: Mont-la-Ville, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Arnaud Bisschop, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Georges Bolamo Koffi, joint signature of two, Registered since: 10.06.2013

Vice-Director                               Christoph Butz, Origin: Allschwil, Switzerland, Residential address: Brittnau, Switzerland, joint signature of two, Registered since: 29.01.2007

Vice-Director                               Christian Buy, Origin: France, Residential address: Paris, France, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Federico Cané, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Pierre-Emmanuel Charlier, Origin: France, Residential address: Messery, France, joint signature of two, Registered since: 10.06.2008

Vice-Director                               Xavier Chollet, Origin: Chêne-Bougeries, Switzerland, Residential address: Chêne-Bougeries, Switzerland, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Brigitte Croci, Origin: Rancate, Switzerland, Residential address: Versoix, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Stéphane Daul, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Alice De Lamaze, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 20.09.2011

Vice-Director                               Stève Donzé, Origin: Breuleux, Switzerland, Residential address: Sion, Switzerland, joint signature of two, Registered since: 21.05.2008

Vice-Director                               Olivier Dumas, Origin: France, Residential address: Carouge/GE, Switzerland, joint signature of two, Registered since: 01.03.2012

Vice-Director                               Frédéric Dupraz, Origin: Saint-Légier-la-Chiésaz, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 21.05.2007

Vice-Director                               Jean-Marc Falconnet, Origin: Vuisternens-en-Ogoz, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 19.08.2010

Vice-Director                               Matthias Gautschi, Origin: Genève, Switzerland, Residential address: Cartigny, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Samuel Gorgerat, Origin: Bussigny-près-Lausanne, Switzerland, Residential address: Choulex, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Anna-Maija Jenkins, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Karen Kharmandarian, Origin: France, Residential address: Metz-Tessy, France, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Yves Kramer, Origin: Lausanne, Switzerland, Residential address: Carouge, Switzerland, joint signature of two, Registered since: 01.03.2007

Vice-Director                               Belloni Laurent, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 16.06.2010

Vice-Director                               Cédric Lecamp, joint signature of two, Registered since: 10.06.2013

Vice-Director                               Thierry Leleu, Origin: France, Residential address: Cologny, Switzerland, joint signature of two, Registered since: 03.12.2008

Vice-Director                               Jérôme Magnier, Origin: France, Residential address: Naves Parmelan, France, joint signature of two, Registered since: 19.03.2009

Vice-Director                               Ermira Marika, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 16.06.2009

Vice-Director                               Luc Markwalder, Origin: Fribourg, Switzerland, Residential address: Denges, Switzerland, joint signature of two, Registered since: 10.05.2007

Vice-Director                               Rafael Matamoros, Origin: Spain, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Clark McPherson, Origin: United Kingdom, Residential address: Genève, Switzerland, joint signature of two, Registered since: 18.05.2011

Vice-Director                               Mathieu Megret, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 10.06.2008

Vice-Director                               Supriya Menon, Origin: United Kingdom, Residential address: Genève, Switzerland, joint signature of two, Registered since: 10.06.2013

Vice-Director                               Jürg Messikh Reda, Origin: Lützelflüh, Switzerland, Residential address: Nyon, Switzerland, joint signature of two, Registered since: 16.06.2009

Vice-Director                               Gabriel Micheli, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Serge Minisini, Origin: Genève, Switzerland, Residential address: Troinex, Switzerland, joint signature of two, Registered since: 10.06.2013

Vice-Director                               Olivier Monti, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Alexandre Mouthon, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 27.11.2012

Vice-Director                               Sébastien Nejman, Origin: France, Residential address: Satigny, Switzerland, joint signature of two, Registered since: 10.06.2008

Vice-Director                               Michael Dane O''Dell, Origin: United States of America, Residential address: Genève, Switzerland, joint signature of two, Registered since: 10.06.2013

Vice-Director                               Rodrigue Oeuvray, joint signature of two, Registered since: 18.07.2012

Vice-Director                               Clara Parisot, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 17.10.2011

Vice-Director                               Olivier Pictet, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Gauillaume Pittet, Origin: Villars-le-Terroir, Switzerland, Residential address: Chéserex, Switzerland, joint signature of two, Registered since: 03.05.2007

Vice-Director                               Roland Riat, Origin: Chevenez, Switzerland, Residential address: Veyrier, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Marco Rigo, Origin: Italy, Residential address: Genève, Switzerland, joint signature of two, Registered since: 30.01.2008

Vice-Director                               Stéphane Rüegg, Origin: Wildberg, Switzerland, Residential address: Genève/GE, Switzerland, joint signature of two, Registered since: 08.07.2013

Vice-Director                               Jean-Paul Ruez, Origin: France, Residential address: Chêne-Boug, Switzerland, joint signature of two, Registered since: 22.03.2006

Vice-Director                               Sylvie Sejournet, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 01.03.2007

Vice-Director                               Alexandre Soucas, Origin: Anières, Switzerland, Residential address: Anières, Switzerland, joint signature of two, Registered since: 09.06.2007

Vice-Director                               Justine Traband, Origin: France, Residential address: Commugny, Switzerland, joint signature of two, Registered since: 19.05.2010

Vice-Director                               Gerardus Van der Geer, Origin: Netherlands, Residential address: Bogis Bossey, Switzerland, joint signature of two, Registered since: 20.02.2009

Vice-Director                               Raphaël Volet, Origin: Châtillens, Switzerland, Residential address: Carouge, Switzerland, joint signature of two, Registered since: 13.02.2012

Vice-Director                               Odorico Von Susani, Origin: Austria, Residential address: Genève, Switzerland, joint signature of two, Registered since: 10.05.2007

Vice-Director                               Michaël Wellington, Origin: United Kingdom, Residential address: Genève, Switzerland, joint signature of two, Registered since: 03.05.2007

Vice-Director                               Pascal Woerlen, Origin: Wolhusen, Switzerland, Residential address: Nyon, Switzerland, joint signature of two, Registered since: 15.12.2009

Member with signing authority       Andreas Cane, Origin: Thalheim, Switzerland, Residential address: Genthod, Switzerland, joint signature of two, Registered since: 05.05.2009

Member with signing authority       François Conne, Origin: Puidoux, Switzerland, Residential address: L`Abbaye, Switzerland, joint signature of two, Registered since: 05.05.2009

Member with signing authority       Richard Heelis, Origin: United Kingdom, Residential address: Londres, United Kingdom, joint signature of two, Registered since: 08.07.2009

Member with signing authority       Charles Jenkins, Origin: United Kingdom, Residential address: Londres, United Kingdom, joint signature of two, Registered since: 05.05.2009

Member with signing authority       Dominique Joly, Origin: Genève, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 05.05.2009

Member with signing authority       Nian Lala, Origin: New Zealand, Residential address: Londres, United Kingdom, joint signature of two, Registered since: 30.01.2013

Member with signing authority       Daniel Wenner, Origin: Lausanne, Switzerland, Residential address: Lussy-sur-Morges, Switzerland, joint signature of two, Registered since: 05.05.2009

Member with procuration              Abdel Akadiri, Origin: France, Residential address: Carouge, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

Member with procuration              Lilia Andreeva Verschuren, Origin: France, Residential address: Genève, Switzerland, joint power of attorney of two, Registered since: 08.04.2013

Member with procuration              Oswald Arbuah, Origin: United Kingdom, Residential address: Corsier/GE, Switzerland, joint power of attorney of two, Registered since: 08.04.2013

Member with procuration              Edward Atkins, Origin: United Kingdom, Residential address: Genève, Switzerland, joint signature of two, Registered since: 18.07.2012

Member with procuration              Benjelloun Mehdi Benabbes, Origin: France, Residential address: Genève, Switzerland, joint power of attorney of two, Registered since: 04.09.2012

Member with procuration              René Benzonana, Origin: Lancy, Switzerland, Residential address: Genève, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              David Billaux, Origin: France, Residential address: Bardonnex, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

Member with procuration              Cyril Camilleri, Origin: France, Residential address: Vich, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

Member with procuration              Dominique De La Barre D''Erquelinnes, Origin: Belgium, Residential address: Founex, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              Adrien De Susanne d''Epinay, Origin: France, Residential address: Collex-Bossy, Switzerland, joint power of attorney of two, Registered since: 27.11.2012

Member with procuration              Etienne Duprez, Origin: France, Residential address: Thônex, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              Victor Fries, Origin: Ufhusen, Switzerland, Residential address: Genève, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

Member with procuration              Patrice Guesnet, Origin: France, Residential address: Genčve, Switzerland, joint power of attorney of two, Registered since: 04.10.2012

Member with procuration              Nicolas Gügi, Origin: Langrickenbach, Switzerland, Residential address: Blonay, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

Member with procuration              Grégory Guignard, Origin: Chenit, Switzerland, Residential address: Bagnes, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

Member with procuration              Thomas Hansen, Origin: Denmark, Residential address: Founex, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              Ying Hou, Origin: China, Residential address: Gland, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              Alexandre Junod, Origin: Auvernier, Switzerland, Residential address: Carouge/GE, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

Member with procuration              Sylvian Mauron, Origin: Fribourg, Switzerland, Residential address: Carouge/GE, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              Maryline Pourrat, Origin: Clos du Doubs, Switzerland, Residential address: Genève/GE, Switzerland, joint power of attorney of two, Registered since: 08.07.2013

Member with procuration              Piotr Stopinski, Origin: Poland, Residential address: Genève, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              Daniel Toppo, Origin: Genève, Switzerland, Residential address: Carouge/GE, Switzerland, joint power of attorney of two, Registered since: 10.06.2013

Member with procuration              Katharine Waterton , Origin: United Kingdom, Residential address: Confignon, Switzerland, joint power of attorney of two, Registered since: 04.10.2012

Member with procuration              Sandy Wolf, Origin: Germany, Residential address: Eysins, Switzerland, joint power of attorney of two, Registered since: 18.07.2012

 

 

External Positions

 

Title                                           Name

Auditor                                        PricewaterhouseCoopers SA, Residential address: Genève, Switzerland, Id: CH-660-1784998-4

 

 

Ultimate Parent Company

 

Name:                          Pictet et Cie

City/Country:                 Carouge GE/GE, Switzerland/CH

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%

Name:                          Pictet et Cie

City/Country:                 Carouge GE/GE, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

 

Sisters

 

Name:                          Bank Pictet & Cie (Asia) Ltd

City/Country:                 Singapore, Singapore/SG

 

Name:                          Pictet & Cie (Europa) SA

City/Country:                 Luxembourg, Luxembourg/LU

 

Name:                          Pictet Asia Trustees Ltd

City/Country:                 Singapore, Singapore/SG

 

Name:                          Pictet Asset Management (Hong Kong) Limited

City/Country:                 Central, Hong Kong/HK

 

Name:                          Pictet Asset Management Inc.

City/Country:                 Montreal/Quebec, Canada/CA

 

Name:                          Pictet Asset Management (Japan) Ltd

City/Country:                 Tokio, Japan/JP

 

Name:                          Pictet Asset Management Limited

City/Country:                 London, United Kingdom/GB

 

Name:                          Pictet Bank & Trust Ltd

City/Country:                 Nassau, Bahamas/BS

 

Name:                          Pictet Financial Management Consultants Co. Ltd.

City/Country:                 Chiyoda-ku, Japan/JP

 

Name:                          Pictet Funds (Europe) SA

City/Country:                 Luxembourg, Luxembourg/LU

 

Name:                          Pictet Funds SA

City/Country:                 Carouge GE/GE, Switzerland/CH

 

Name:                          Pictet Investment Company Limited

City/Country:                 London, United Kingdom/GB

 

Name:                          Pictet North America Advisors SA

City/Country:                 Carouge GE/GE, Switzerland/CH

 

Name:                          Pictet Overseas Inc

City/Country:                 Montreal/Quebec, Canada/CA

 

Name:                          Pictet Private Management Canada Inc.

City/Country:                 Montreal/Quebec, Canada/CA

 

Name:                          Rhone Trustees (Switzerland) SA

City/Country:                 Carouge GE/GE, Switzerland/CH

 

Name:                          SOPAFIN SA

City/Country:                 Cologny/GE, Switzerland/CH

 

Investments

 

It is believed that the company has no investments.

 

 


Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

04.06.2007          2007                           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 considered to be in order.

 

Payment experiences:   There are no objections regarding the payment of financial obligations.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.68

UK Pound

1

Rs.91.66

Euro

1

Rs.78.68

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.