NT-2112-00022

NT-2112-00022

i
MR6

SME - GET MANUFACTURING SDN BHD, Manufacturing,

RM 500,000 for 36 month term. RM 500,000 funded

100 % Funded

Is this a Shariah-compliant Investment Note? / Adakah ianya Nota Pelaburan patuh Syariah?

NA

Who is the Issuer and what does the business do?

GET MANUFACTURING SDN BHD is based at Puchong, Selangor. We are in the manufacturing services for products such as design and manufacture of cutting tools for aerospace & automotive industry.

75% of our customers come from consumables for aerospace and manufacturing industry such as SAPURA AERO SDN BHD, TATA ADVANCED SYSTEMS LIMITED, GOODRICH AEROSPACE TECHNOLOGIES ( TIANJIN ) CO LTD, CTRM AERO COMPOSITES SDN BHD, etc

15% from manufacturing of motorcycles, bicycles, and similar equipment and parts such as manufacturing of motorcycles, bicycles, and similar equipment and parts.

Balance 10% from dealer.

Who is the owner / key person(s) in the business?

Our company have two director. Firstly, Mr Bryan Tang Chee Kuan is our Chief Executive Officer and Finance Director. He had 15 years of experience in business of selling cutting tool and manufactured consumable products. Moreover, he also establish KAIZAN AERO SDN BHD to cater for growing needs of local industry especially in aerospace sector. On the other hand, Mr Lee Jack Son is our Director also. He is a certified chartered accountant and 15 years of vast experience in cutting tools applications and manufacturing consumable products.

GET was launched back in 2006, aiming to be the best in the valley in Precision Engineering and tools. With the current demand in industries like Aeronautical,
Mechanical , Automotive and Etc. The journey began back in 90s where we team up with Sanyo tool stop centre for the local and international markets which has demand for these products. The collaboration gained us experience and expertise in various OEM tools productions.

What are their future plans?

We would like to expand our production facilities, expand sales network and enhance brand awareness. We register the GET trademark in Year 2021 is our first step to prove it the keenness to built up brand awareness.

What has been their annual sales turnover?

The annual sales turnover of YA2019 is RM7034869 ; YA2020 is RM3074329 ; YA2021 sales up until 28 Dec 2021 is RM4550984.

Number of years in business?

We established since 2006 , 15 years experienced in cutting tools , As Tools maker for PCD & Carbide, GET has put in endless effort in searching for the best machine technology to create the best quality for world class tools to meet the demands of the ever competitive market.

How would the Issuer utilise the funds raised on the platform?

The fund will be use to invest in machine since most of the machine already more than 10 years. Besides, we have also plan to spend some in premises renovation in order to create a convenient environment to staff.

The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments

N/A

Invest Now
Rate of Returns
2% p.a
Total Gross Return on Investment
-

Funded Note

Credit Ratings
MR6
Medium Risk 6

This Investment Note pays a medium-high Interest Rate and has a medium-high Risk of Default.
It has a medium-weak Credit Quality due to below average cashflow and above average Debt Service Ratio.

LR1
Low Risk 1

This Investment Note pays the lowest Interest Rate and has the lowest Risk of Default.
It has the strongest Credit Quality due to very high cashflow and very low Debt Service Ratio.

LR2
Low Risk 2

This Investment Note pays a lower Interest Rate and has a lower Risk of Default.
It has a stronger Credit Quality due to high cashflow and low Debt Service Ratio.

LR3
Low Risk 3

This Investment Note pays a low Interest Rate and has a low Risk of Default.
It has a strong Credit Quality due to good cashflow and good Debt Service Ratio.

MR4
Medium Risk 4

This Investment Note pays a medium-low Interest Rate and has a medium-low Risk of Default.
It has a medium-strong Credit Quality due to average to good cashflow and average to good Debt Service Ratio.
.

MR5
Medium Risk 5

This Investment Note pays a medium Interest Rate and has a medium Risk of Default.
It has a medium Credit Quality due to average cashflow and average Debt Service Ratio.

MR6
Medium Risk 6

This Investment Note pays a medium-high Interest Rate and has a medium-high Risk of Default.
It has a medium-weak Credit Quality due to below average cashflow and above average Debt Service Ratio.

MR7
Medium Risk 7

This Investment Note pays an upper-medium Interest Rate and has an upper-medium Risk of Default.
It has a lower-medium Credit Quality due to average to low cashflow and average to high Debt Service Ratio.

HR8
High Risk 8

This Investment Note pays a high Interest Rate and has a high Risk of Default.
It has a weak Credit Quality due to low cashflow and high Debt Service Ratio.

HR9
High Risk 9

This Investment Note pays a higher Interest Rate and has a higher Risk of Default.
It has a weaker Credit Quality due to lower cashflow and higher Debt Service Ratio.

HR10
High Risk 10

This Investment Note pays the highest Interest Rate and has the highest Risk of Default.
It has the weakest Credit Quality due to very low cashflow and very unhealthy Debt Service Ratio.

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