Welcome to microLEAP. Would you like to Raise Funds or Become a P2P Investor?
NT-2108-00005

NT-2108-00005

i
MR6

Energy

RM 100,000 for 12 month term. RM 100,000 funded 11 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 diceburi mereka?

[Please see Factsheet (Picture 1) for summary details] HSC is one of the leading Liquified Petroleum Gas (LPG) distribution and logistics corporation in Malaysia. We are involved in sugar distribution as well for example, MSM Prai and CSR Sugar. For our LPG business, our clients are Giant, Top Glove, Tesco, Pacific, Felda, Sime Darby and etc. For logistics business we are offers logistics services to a diverse range of clients where its products include LPG, cooking oil, Crude Palm Oil (CPO), Fast Moving Consumer Goods (FMCO), rice, sugar, tissue, limestone, scrap metal and etc. Our clients are Coca-Cola, Nestle Milo, Colgate and etc.
____________________________________________________________________________________
[Sila lihat Lembaran Fakta (Gambar 1) untuk maklumat ringkasan] HSC adalah salah satu syarikat pengedaran dan logistik Gas Petroleum Cecair (LPG) terkemuka di Malaysia. Kami juga terlibat dalam pengedaran gula, misalnya, MSM Prai dan CSR Sugar. Untuk perniagaan LPG, pelanggan kami adalah Giant, Top Glove, Tesco, Pacific, Felda, Sime Darby dan lain-lain. Untuk perniagaan logistik, kami menawarkan perkhidmatan logistik kepada pelbagai pelanggan di mana produknya termasuk LPG, minyak masak, Minyak Sawit Mentah (CPO), barang pengguna yang bergerak pantas (FMCO), beras, gula, tisu, batu kapur, besi buruk dan lain-lain. Pelanggan kami adalah Coca-Cola, Nestle Milo, Colgate dan lain-lain.

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

HSC was incorporated in 1946. Our late founder first learned of liquified petroleum gas or LPG and its uses when he was studying in a boarding school in Singapore. Thus, shortly after HSC become operational, he wrote a letter to Shell to express his interest in distributing LPG in British Malaya. HSC have more than 100 permanent staff and 80+ contract staff.
____________________________________________________________________________________
HSC ditubuhkan pada tahun 1946. Pengasas terakhir kami pertama kali mengetahui tentang gas petroleum cecair atau LPG dan kegunaannya ketika dia belajar di sekolah berasrama penuh di Singapore. Oleh itu, tidak lama setelah HSC beroperasi, dia menulis sepucuk surat kepada Shell untuk menyatakan minatnya untuk mengedarkan LPG di British Malaya. HSC mempunyai lebih daripada 100 kakitangan tetap dan 80+ kakitangan kontrak.

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

By 2023, we aim to achieve the following:
1. Have 500 operation's trucks in Malaysia
2. Expansion into 5 Countries namely Singapore, Indonesia, Thailand, China, and the Philippines.
____________________________________________________________________________________
1. Mempunyai 500 trak operasi di Malaysia
2. Perluasan ke 5 Negara iaitu Singapura, Indonesia, Thailand, China, dan Filipina.

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

Our company annual sales turnover has increased every year and our latest turnover has achieved to RM100 million revenue as at March 2021. Besides, our company has generating profit within these 3 years.
____________________________________________________________________________________
Perolehan jualan tahunan syarikat kami meningkat setiap tahun dan perolehan terkini kami mencapai RM100 juta pendapatan pada March 2021. Selain itu, syarikat kami telah menjana keuntungan dalam 3 tahun ini.

Number of years in business? / Usia perniagaan?

The company was incorporated in April 2009 hence we are in business for more than twelve (12) years.
____________________________________________________________________________________
Syarikat ini diperbadankan pada bulan April 2009 oleh itu kami menjalankan perniagaan selama lebih dari dua belas (12) 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 will utilise the funds to invest in hire purchases of new lorries/trucks and generate more sales and increase our profit.
____________________________________________________________________________________
Kami akan menggunakan dana tersebut dengan melabur dalam lebih banyak sewa beli untuk lori/trak baru dan menjana lebih banyak penjualan dan meningkatkan keuntungan kami.

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 RM9,416 a month to microLEAP. The Issuer has other borrowings from other institutions and the Issuer is managing them well. As the company's activities involved in energy and logistics, it is allowed to operate as usual during MCO. The Issuer has the Guarantor for this financing and the Guarantor's I-score is 7 ('Good') with a Probability of Default (PD) of 2.5%-5% according to an external credit bureau. 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.
____________________________________________________________________________________
Penerbit mempunyai pendapatan yang mencukupi untuk menguruskan pembayaran sebanyak RM9,416 sebulan kepada microLEAP. Penerbit mempunyai pinjaman lain dari institusi lain dan Penerbit menguruskannya dengan baik. Oleh kerana aktiviti syarikat melibatkan tenaga dan lojistik, ia dibenarkan beroperasi seperti biasa semasa PKP. Penerbit juga mempunyai Penjamin untuk pembiayaan ini dan I-skor Penjamin adalah 7 ('Good') dengan Kebarangkalian Lalai (PD) 2.5%-5% menurut biro kredit luaran. Nota Pelaburan ini mempunyai penilaian MR6 (Risiko Sederhana 6) dan oleh itu ia mempunyai kualiti kredit sederhana-lemah dan risiko lalai sederhana tinggi.

Invest Now
Rate of Returns
13% 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.

View Funding List