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NT-2112-00019

NT-2112-00019

i
MR7

Agro World International, Food & Beverage,

RM 45,000 for 12 month term. RM 45,000 funded 1 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?

Established in 2008, was formerly known as Oscar Terrace with an authorized and paid up capital of RM100,000. In 2019, the shareholders decided to transform the company into becoming an international seafood trading house. The company main products are frozen seafood such as frozen milkfish, sourced from local producers in Perak and Sabah. We are also source from reputable producers from Indonesia and Vietnam with HACCP and Halal certification, to ensure our customer get the best products. We receive regular order from local customers and overseas buyers. To date, we have introduced ready to cook product under the brand name Skipper. The management team has more than 20 years’ experience in seafood industries, both locally and internationally.
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Ditubuhkan pada 2008, dahulunya dikenali sebagai Oscar Terrace dengan modal dibenarkan dan berbayar sebanyak RM100,000. Pada 2019, para pemegang saham memutuskan untuk mengubah syarikat itu menjadi sebuah pusat perdagangan makanan laut antarabangsa. Produk utama syarikat adalah makanan laut sejuk beku seperti ikan susu sejuk beku, diperoleh daripada pengeluar tempatan di Perak dan Sabah. Kami juga mendapatkan sumber daripada pengeluar terkemuka dari Indonesia dan Vietnam dengan pensijilan HACCP dan Halal, untuk memastikan pelanggan kami mendapat produk terbaik. Kami menerima tempahan tetap daripada pelanggan tempatan dan pembeli luar negara. Sehingga kini, kami telah memperkenalkan produk sedia untuk dimasak di bawah jenama Skipper. Pasukan pengurusan mempunyai pengalaman lebih daripada 20 tahun dalam industri makanan laut, di dalam dan di luar negara.

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

Our business activities operated at Shah Alam, Selangor. Our distribution channel for local market is through delivery to local supermarkets and co-op marts. We also use social media to create our product name and brand awareness through social media platform.
The company main product are frozen milkfish and tilapia fish which is sourced from local and imported processor in Indonesia and Vietnam. We source out products globally with HACCP and Halal certification to ensure our customers get the best quality products at competitive price.
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Aktiviti perniagaan kami beroperasi di Shah Alam, Selangor. Saluran pengedaran kami untuk pasaran tempatan adalah melalui penghantaran ke pasar raya tempatan dan pasar koperasi. Kami juga menggunakan media sosial untuk mencipta nama produk dan kesedaran jenama kami melalui platform media sosial.
Produk utama syarikat ialah ikan susu sejuk beku dan ikan tilapia yang diperoleh daripada pemproses tempatan dan import di Indonesia dan Vietnam. Kami mengeluarkan produk secara global dengan pensijilan HACCP dan Halal untuk memastikan pelanggan kami mendapat produk berkualiti terbaik pada harga yang kompetitif.

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

The Issuer have more than 20 years experience in international trade secure Middle east and Japan market. The forecasted sales for 2022 is RM 19.0 million. The company strongly believe this venture can improve the financial earning from 2022 onward.
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Penerbit mempunyai lebih daripada 20 tahun pengalaman dalam perdagangan antarabangsa selamat Timur Tengah dan pasaran Jepun. Unjuran jualan untuk 2022 ialah RM 19.0 juta. Syarikat amat percaya usaha niaga ini boleh meningkatkan pendapatan kewangan dari 2022 dan seterusnya.

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

In 2021, we have made a sales value of RM 1.1 million with a profit before tax around RM 72,000
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Pada tahun 2021, kami telah membuat nilai jualan sebanyak RM 1.1 juta dengan keuntungan sebelum cukai sekitar RM 72,000

Number of years in business? / Usia perniagaan?

3 years
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3 tahun

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

For working capital to buy raw materials
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Untuk modal kerja beli bahan mentah.

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

The Issuer's Company i-score is rated as N/A as rated by Experian due to inefficient data, while the Guarantor is rated 5 (Fair) with a PD of >10% to 20%. The Issuer has no other borrowings from other lenders and has sufficient revenue to manage its payment of RM4,275.00 a month to microLEAP. This Investment Note has an MR7 (Medium Risk 7) rating and so it has a Lower Medium Credit Quality and a Upper Medium Risk of Default.
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I-skor bagi Perniagaan penerbit dinilaikan sebagai N/A (Baik) yang dinilai oleh Experian disebabkan data yang tidak mencukupi, manakala penjamin dinilai skor 5 (Fair) dengan PD sebanyak >10% hingga 20%. Penerbit tidak mempunyai pinjaman lain dari institusi pembiayaan. Namun, beliau mempunyai pendapatan yang cukup untuk menguruskan pembayarannya sebanyak RM4,275.00 sebulan kepada microLEAP. Nota Pelaburan ini mempunyai penarafan MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kualiti Kredit Sederhana Rendah dan Risiko Sederhana Atas Kelalaian.

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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.
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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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