No. 8 - Exquisite Lab Grown Diamonds

The Lide Exchange has currently a stock of lab grown diamonds (“LGDs”) with the book-value of about USD 300,000. A SGX-listed company had appointed Lide Exchange to help manage this stock, for distribution, wholesale or retail. The listed company has decided to stop its business of production and trade of LGDs, as it refocuses on its other businesses.

Most of the diamonds are of premium grade, with “D” grading for colour, between “VS1” to “VVS2” for clarity and “Excellent” or “Ideal” for cutting. The sizes are from 1.5 carats to more than 4 carats. They come in various shapes: Round, Cushion, Radiant etc. All the diamonds are accompanied by an IGI certificate for authenticity.

These diamonds will be sold below their book value. Lide Exchange will assist with  craftsmen and designers for the making of jewelleries using purchased LGDs.