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NT-2112-00011

NT-2112-00011

i
MR7

HD Auto Services and Assembly, Trading,

RM 100,000 for 24 month term. RM 100,000 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?

Our business is mainly involved in assembly and selling big trucks, lorries to others company, especially to company that harvesting crude palm oil. Most of the business are rebuilding the lorries, importing accessories and sell to the buyers that mostly based in Malaysia. Our business is based in Sabah, Malaysia.
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Perniagaan kami melibatkan pemasangan dan penjualan trak besar, lori kepada syarikat lain, terutamanya kepada syarikat yang menuai minyak sawit mentah. Kebanyakan perniagaan membina semula lori, mengimport aksesori dan menjual kepada pembeli yang kebanyakannya berpangkalan di Malaysia. Perniagaan kami berpusat di Sabah, Malaysia.

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

The owner has 20+ years of experience in this field. He has been in another company in the same field for more than 20 years, but the Issuer finally open his own business. Issuer has 8 staff that come along with him from the ex-company.
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Pemilik mempunyai 20+ tahun pengalaman dalam bidang ini. Beliau telah berada di syarikat lain dalam bidang yang sama selama lebih daripada 20 tahun, tetapi Penerbit akhirnya membuka perniagaannya sendiri. Penerbit mempunyai 8 kakitangan yang datang bersamanya daripada bekas syarikat.

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

Issuer would like to expand the company's factory so they have more spaces to keep the company's stocks and those accessories. After 1 year, if they got enough capital, they would like to implement more technological equipment such as some kind of laser machine that is able to cut and refurbish the rust metal. It would help to save much of the cost and works.
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Penerbit ingin mengembangkan kilang syarikat supaya mempunyai lebih banyak ruang untuk menyimpan stok syarikat dan aksesori tersebut. Selepas 1 tahun, setelah mendapat modal yang mencukupi, beliau ingin melaksanakan lebih banyak peralatan teknologi seperti beberapa jenis mesin laser yang mampu memotong dan memperbaharui logam karat. Ia akan membantu menjimatkan banyak kos dan kerja.

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

The company's annual sales turnover is around RM620,000 for the year of 2020 and RM481,000 in 2021 (Jan 2021 - Oct 2021).
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Perolehan jualan tahunan syarikat beliau adalah sekitar RM620,000 pada tahun 2020 dan RM481,000 pada tahun 2021 (Jan 2021 - Okt 2021).

Number of years in business? / Usia perniagaan?

The business has been running for around 2 years.
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Perniagaan beliau telah beroperasi lebih kurang 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?

Issuer want to invest in a computer that has the setting for rebuilding the trucks and lorries which would cost around RM50,000 and will keep the rest as working capital which may use to buy more truck's accessories and rebuild it.
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Beliau ingin melabur dalam komputer yang mempunyai tetapan untuk membina semula trak dan lori yang menelan kos sekitar RM50,000 dan selebihnya, akan dijadikan sebagai modal pusingan yang mungkin digunakan untuk membeli lebih banyak aksesori trak dan membinanya semula.

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

The Issuer i-score is rated as N/A as rated by Experian due to inefficient data, while the Guarantor is rated as 7 (Good) with a PD of 2.5% - 5.0% as rated by Experian. The Issuer has sufficient revenue to manage its payment of RM 5,333.33 a month to microLEAP. The Issuer has other borrowings from other institutions and the Issuer is managing them well. The risk is MR7 (Medium Risk 7) and so it has an upper-medium Interest Rate and has an upper-medium Risk of Default. ____________________________________________________________________________________
i-Skor Penerbit dinilai sebagai N/A seperti yang dinilai oleh Experian disebabkan data yang tidak mencukupi. Penjamin pula dinilai sebagai 7 (Baik) dengan PD 2.5% - 5.0% seperti yang dinilai oleh Experian. Penerbit mempunyai hasil yang mencukupi untuk menguruskan pembayarannya sebanyak RM 5,333.33 sebulan kepada microLEAP. Penerbit mempunyai pinjaman lain daripada institusi lain dan Penerbit menguruskannya dengan baik. Risikonya ialah MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kadar Faedah sederhana atas dan mempunyai Risiko Lalai sederhana atas.

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Rate of Returns
14% 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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