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NT-1907-00002

NT-1907-00002

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MR4

Explorasi Cinta Travel and Tours, Transportation

RM 30,500 for 36 month term. RM 700 funded

2% Funded

Who is the Issuer and what does the business do?

We are Travel and Tours Company registered and Licensed with Ministry Of Tourism, Arts And Culture Malaysia (MOTAC), Ministry Of Finance (MOF) and Petroleum Nasional Berhad (Petronas) . Our HQ located in Kelantan and have 3 branches in Pengerang, Melaka and Kerteh.

Our company provides primarily- Transportation Services (Car/Van with Driver and Tour Bus) to Oil and Gas and Government Sector and Secondary to Public Sector. We also provides Inbound Tour Package to Local Group Tourist (include of Tour Bus) to local attraction destination such as Cameroon Highland, Malacca and Penang.

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

The management team has 12 years experience in handling experience of logistic and vehicles, as well more than 17 years experience in the Oil and Gas industry both Upstream and Downstream.
We have lots of good contacts within transportation industry and always working hand in hand with players in the industry. Have good skills in e-marketing and offline marketing. Have good technical and soft skills.

I. Staffing – Staff Strength
Our Staff Strength as follows:
a) HQ – Admin – 1
Tour/Sales Consultant -1
b) Kerteh – Admin – 1
Asst Admin – 1
Drivers – 4
c) Pengerang – Admin – 1
Driver – 4
d) Melaka – Admin -1
Asst Admin – 1
Driver – 4

Total Staff include Principal is 21.

What are their future plans?

Our target to be one of trusted service provider for transportation service in Oil & Gas and Public Sector (Intercity Express Transportation Services)

What has been their annual sales turnover?

For Year 2016 – Revenue RM 197,085
For Year 2017 – Revenue RM 503,112
For Year 2018 – Revenue RM 778,885
For Year 2019 and 2020 we have been awarded 2 contracts of Motor Vehicle and Driver Services with 2+1 years duration with one subsidiary of a national Oil & Gas operator and 6 Months Contract with a Government Ministry for providing transportation

Number of years in business?

We commenced our business operation in 17 December 2015 (3 1/2years)

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

Will use as working Capital, to increase staff (focus on Sales and Marketing) and to fund ad-hoc project received from one of Government Ministry.

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

microLEAP has independently verified the the contract awarded by the subsidiary of a large national petroleum company for their transportation services in Kerteh lasting 2+1 years. This Investment Note has a medium-low Risk of Default due to its average to good cashflow and average to good debt service ratio. With the contract awarded they are in a good position to service their financing.

Invest Now
Rate of Returns
11% p.a
Total Gross Return on Investment
-


Terms & Conditions Apply

Credit Ratings
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.
.

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.