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NT-2108-00004

NT-2108-00004

i
MR7

Evo Vision, Engineering & Construction,

RM 50,000 for 24 month term. RM 50,000 funded

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 diceburi mereka?

We are a business based in Selangor. We are involved in the business of development and construction, including doing the water plumbing work. Our customers are government agencies, private developers, main contractors for infrastructure & building, private home owners etc. So far, we have only 1 branch which is located at Shah Alam. Current project is electrical and wiring at a hospital in Kemaman and Kampar.
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Kami adalah perniagaan yang berpusat di Selangor. Kami terlibat dalam perniagaan pembangunan dan pembinaan, termasuk melakukan kerja paip air. Pelanggan kami adalah agensi kerajaan, pemaju swasta, kontraktor utama infrastruktur & bangunan, pemilik rumah persendirian dan lain-lain. Setakat ini, kami hanya mempunyai 1 cawangan yang terletak di Shah Alam. Projek semasa adalah elektrik dan pendawaian di sebuah hospital di Kemaman dan Kampar.

Who is the owner / key person(s) in the business? / Siapakah Pemilik Perniagaan ini?

The director is the founder and owner of this company. He has over 10 years of experience in this field. Company have more than 20 staff, including 9 executives with a combine experience of more than 100 year in the industry. At first Evo Vision is just doing the plumbing. However, in the mid of 2017, we expand our business to develop a new team to support in architectural work due to the high demand in the market.
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Pengarahnya adalah pengasas dan pemilik syarikat ini. Dia mempunyai pengalaman lebih dari 10 tahun dalam bidang ini. Syarikat mempunyai lebih daripada 20 kakitangan, termasuk 9 eksekutif dengan pengalaman gabungan lebih dari 100 tahun di industri ini. Pada mulanya Evo Vision hanya melakukan perpaipan. Walau bagaimanapun, pada pertengahan tahun 2017, kami mengembangkan perniagaan kami dengan menubuhkan pasukan baru untuk menyokong kerja senibina kerana permintaan yang tinggi di pasaran.

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

For the next 2-3 years, we plan to expand our business again and at the same time diversify into the different fields to achieve the company's goals.
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Untuk 2-3 tahun akan datang, kami merancang untuk mengembangkan perniagaan kami sekali lagi dan pada masa yang sama mempelbagaikan bidang yang berbeza untuk mencapai matlamat syarikat.

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

In 2017, our revenue is RM5.77mil, and the profit after tax is RM58,297.
In 2018, the revenue is RM8.68mil, profit after tax is RM326k.
In 2019, revenue is RM9.35mil, profit after tax is RM393k.
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Pada tahun 2017, pendapatan kami adalah RM5.77 juta, dan keuntungan selepas cukai adalah RM58,297.
Pada tahun 2018, pendapatannya adalah RM8.68 juta, keuntungan selepas cukai adalah RM326k.
Pada tahun 2019, pendapatan adalah RM9.35 juta, keuntungan selepas cukai adalah RM393k.

Number of years in business? / Usia perniagaan?

The company was incorporated in April 2015, around 6 years
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Syarikat ini ditubuhkan pada bulan April 2015, sekitar 6 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 want to use funds as working capital to start our projects. Current project is electrical and wiring at a hospital in Kemaman and Kampar.
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Kami mahu menggunakan dana sebagai modal kerja untuk memulakan projek kami. Projek semasa adalah elektrik dan pendawaian di sebuah hospital di Kemaman dan Kampar.

The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments / Rasional Skor Risiko Kredit bagi Penerbit– Komen microLEAP

The Issuer has sufficient revenue to manage its payment of RM2,687 a month to microLEAP. The Issuer has other borrowings from other institutions and the Issuer is managing them well. The Issuer has the Guarantor for this financing and the Guarantor's I-score is 6 ('Fair') with a Probability of Default (PD) of 5%-10% according to an external credit bureau. There have been 2 Trade References that the Issuer has stated that is settled. The risk is MR7 (Medium Risk 7) and so it has an upper-medium Interest Rate and has an upper-medium Risk of Default.
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Penerbit mempunyai pendapatan yang mencukupi untuk menguruskan pembayaran sebanyak RM2,687 sebulan kepada microLEAP. Penerbit mempunyai pinjaman lain dari institusi lain dan Penerbit menguruskannya dengan baik. Penerbit juga mempunyai Penjamin untuk pembiayaan ini dan I-skor Penjamin adalah 6 ('Fair') dengan Kebarangkalian Lalai (PD) 5%-10% menurut biro kredit luaran. Terdapat 2 Rujukan Perdagangan yang telah dinyatakan oleh Penerbit ianya telah diselesaikan. Risikonya adalah MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kadar Faedah atas-menengah dan mempunyai Risiko Lalai menengah-atas.

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Rate of Returns
14.5% p.a
Total Gross Return on Investment
-

Funded Note

Credit Ratings
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.

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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