Proma Industry

Since June 2016, Hong Kong-based Proma Industry Co., Ltd. helped facilitate shipments to Hoda Trading. Proma Industry also helped facilitate the sale and shipment of tens of thousands of U.S. dollars’ worth of goods purchased by Hoda Trading

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Since June 2016, Hong Kong-based Proma Industry Co., Ltd. helped facilitate shipments to Hoda Trading. Proma Industry also helped facilitate the sale and shipment of tens of thousands of U.S. dollars’ worth of goods purchased by Hoda Trading;

Iran-based Hoda Trading, a subsidiary of ICI since 2017, has sought U.S.-origin electronic components from China on behalf of ICI since October 2008. Since January 2017, Hoda Trading has been involved in the procurement of electronic components from China on behalf of ICI, including shipments from China of high frequency Near Vertical Incidence Skywave antennas — products that have an application in military communications — for end use by the ICI;

Hoda Trading is being designated for acting or purporting to act for or on behalf of, directly or indirectly, Iran Communication Industries;

OFAC’s regulations generally prohibit all dealings by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of blocked or designated entity. In addition, persons that engage in certain transactions with the individuals and entities designated may themselves be exposed to sanctions or subject to an enforcement action;

Involved In:
Nuclear Weapon Program
Missile Weapon Program

Industry:
Telecommunications Industry

Also Known As:
Proma Industry Co.
Proma Industry Company
Proma Industry Co., LTD
Proma Industry Company, Limited
Proma Industry Company, LTD.
PROMA
Proma Industry

Country:
China

Address:
1A, Fook Ying Building, 379 King’s Road, North Point, Hong Kong, China
3A, Fook Ying Building, 420 Kins Road, Hong Kong, China

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 10, 2020 pursuant to Executive Order 13224 for having provided, or having attempted to provide, financial, material, technological, or other support for, or goods or services in support of, Hoda Trading;