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NT-1909-00001

NT-1909-00001

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MR4

Wadr Casting & Management, Media & Entertainment

RM 50,000 for 36 month term. RM 510 funded

1% Funded

Who is the Issuer and what does the business do?

We are both a casting house and talent agency which specialises in filtering talents, models, and actors for commercials; and we are also a production house that produces TV shows and Feature films. We also provide on-set services to our clients on managing the talents.
Currently we have 2 locations, the main studio is in I-Residence, Kota Damansara, and the other is in Subang Bestari.

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

Our management team is very experienced in the industry, with great experience working with international projects such as Marco Polo Season 1 (the Weinstein company) for Netflix, Operation Mekong (Polybona Pictures) for Hong Kong film projects, and hundreds of TV Commercials including for MacDonald, KFC, Burger King, Brands, Astro, Pocky, Burger King, MAS, Airasia etc.
Our founder has been in the industry since 2009 and he started as an actor himself before going into the casting business in 2010. Combined we have more than 20yrs of experience in relevant industry.

What are their future plans?

We have planned to have more outlets in the coming thee years, which we are targeting 3 new outlets per year. We also plan to move the system towards smartphone apps to make it easier for clients & workers to communicate and browse each others profiles.

What has been their annual sales turnover?

2017 sales turnover : Roughly RM600,000
2018 sales turnover : RM1,019,527
2019 turnover up to date : RM403,244
2019 year turnover projection : RM1,200,000

Number of years in business?

At first we registered our company in 2011 with different name that had no relevance in our nature of business. So we decided to re-register our company in 2017 with a relevant company name.

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

Our funds would be used to move our current manual system to an online system which we can generate more income. The main purpose of the funding is to hire IT staff and advertise for the website.

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

The Issuer has a strong track record in terms of revenue and is forecasted to carry on this momentum in the near future. Using the funds to hire IT staff and advertise for their new website is a step in the right direction. Issuer has an MR4 (Medium Risk 4) rating and so it has a medium-strong credit quality and medium-low risk of default. The Issuer has other loans to service, but this is very manageable as the Issuer has good cash flow to cover it.

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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.