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NT-2104-00008

NT-2104-00008

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MR6

W One Automotive, Retail,

RM 30,000 for 36 month term. RM 30,000 funded 8 Days Left

100 % Funded

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

Yes / Ya

Who is the Issuer and what does the business do? / Siapakah Penerbit dan apakah perniagaan yang dijalankan Penerbit?

We are Sport Rim & Tire retail based in Kajang, Selangor. Most of our customers are men aged around 20s to 50s. We sell our product through online store and retail shop. Now we have 1 showroom and installation centre at Kajang and we planning to move the showroom and installation centre to Eco Majestic @ Semenyih by 3rd quarter of this year. _____________________________________________________________________________________ Kami adalah peniaga Sport Rim & Tayar di Kajang, Selangor. Sebilangan besar dari pelanggan kami adalah lelaki yang berusia sekitar umur 20-an hingga 50-an. Kami juga menjual produk kami melalui dalam talian dan kedai fizikal. Kini, kami mempunyai satu kedai pameran dan pusat pemasangan di Kajang. Kami merancang untuk memindahkan kedai pameran dan pusat pemasangan kami ke Eco Majestic di Semenyih menjelang suku ke-3 tahun ini.

Who is the owner / key person(s) in the business? / Siapakah pemilik / tunggak utama perniagaan ini?

Issuer is the key person in the business. He has more than 7 years experience in this industry. My brother who helping me in business also have more than 4 years in this industry. We have 5 people in our sales team and they are very professional and energetic people who likes automotive and can sell the product well. Our installation team have 6 people and they are professional technician with well-trained skills. _____________________________________________________________________________________ Penerbit adalah orang utama di dalam perniagaan. Dia mempunyai lebih dari 7 tahun pengalaman di dalam industri ini. Abang saya juga menolong saya di dalam perniagaan dan mempunyai pengalaman lebih dari 4 tahun di industri ini. Kami mempunyai 5 orang dalam pasukan jualan kami yang profesional dan meminati bidang automotif serta dapat menjual produk dengan baik. Kami juga mempunyai 6 orang dalam pasukan pemasangan yang professional dengan kemahiran teknikal yang terlatih.

What are their future plans? / Apakah pelan masa depan perniagaan ini?

We planned to move our retail showroom and installation centre to Eco Majestic @ Semenyih by 3rd quater of this year. After that we also will expand our outlet to other area like Bangi/Kajang/Cheras/Putrajaya. _____________________________________________________________________________________ Kami bercadang untuk memindahkan pusat pameran dan pemasangan kami ke Eco Majestic di Semenyih pada suku ke-3 tahun ini. Kemudian, kami akan membuka cawangan di kawasan lain seperti Bangi/Kajang/Cheras/Putrajaya.

What has been their annual sales turnover? / Bagaimanakah hasil jualan tahunan?

Our annual sales turnover in 2020 is around RM2.4 Million. Our forecast of 2021 sales turnover is around RM5,000,000.00 - RM6,000,000.00. _____________________________________________________________________________________ Perolehan jualan tahunan kami pada tahun 2020 adalah sekitar RM2.4 Juta. Ramalan peroleh jualan bagi tahun 2021 adalah sekitar RM5,000,000 - RM6,000,000.

Number of years in business? / Usia perniagaan?

We have running this business since July 2019, almost 2 years. _____________________________________________________________________________________ Perniagaan kami telah beroperasi semenjak Julai 2019, hampir 2 tahun.

How would the Issuer utilise the funds raised on the platform? / Apakah yang kami akan lakukan dengan wang yang dikumpul di platfrom ini?

We planned to use the fund to renovate the new showroom and installation centre at Eco Majestic Semenyih. _____________________________________________________________________________________ Kami merancang untuk menggunakan dana tersebut untuk mengubahsuai bilik pameran dan pusat pemasangan baru di Eco Majestic di Semenyih.

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

Once of the shareholders is also the Guarantor for this financing and the Guarantor's I-score is 5 ('Fair') with a Probability of Default (PD) of 10% - 20% according to an external credit bureau. The Issuer has a business loan from other institution but the Issuer has sufficient revenue to manage its payment of RM 1,163.33 a month to microLEAP. The Issuer sells his product online and so will be well positioned for any lockdowns. This Investment Note has an MR6 (Medium Risk 6) rating and so it has a medium-weak credit quality and medium-high risk of default. ________________________________________________________________________________________ Salah seorang pemegang saham juga Penjamin untuk pembiayaan ini dan I-skor Penjamin adalah 5 ('Fair') dengan Kebarangkalian keingkaran (PD) 10% - 20% merujuk biro kredit luaran. Penerbit mempunyai pinjaman perniagaan dari institusi lain tetapi Penerbit mempunyai pendapatan yang mencukupi untuk menguruskan pembayaran sebanyak RM 1,163.33 sebulan kepada microLEAP. Penerbit menjual produknya dalam talian dan akan berada dalam kedudukan yang baik untuk sebarang penyekatan. Nota Pelaburan ini mempunyai penarafan MR6 (Risiko Sederhana 6) dan oleh itu ia mempunyai kualiti kredit sederhana-lemah dan risiko keingkaran sederhana-tinggi.
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Rate of Returns
13.2% 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.
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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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