NT-2311-00009

NT-2311-00009

i
MR7

Famous-Ed, Manufacturing,

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?

Famous-Ed, headquartered in Ulu Yam, Selangor Darul Ehsan, has actively participated in numerous esteemed development projects across Malaysia over recent years. Through their remarkable performance, they have garnered an exceptional reputation among industry competitors. Their commitment extends beyond delivering top-notch products; they also offer expert guidance on pricing strategies, earning them the loyalty of prominent clients like Kerjaya Prospek Group, who exclusively source timber doors and frames from them. Kerjaya Prospek has emerged as a leading construction firm in Malaysia, boasting prestigious clients such as Eastern and Oriental Berhad (E&O), SP Setia Berhad, and Eco World Development Group Bhd. Furthermore, Famous-Ed proactively engages with new distinguished clientele like UOA, Persona Metro, and Grand Dynamic Berhad.
Presently, Famous-Ed stands as a proficient supplier known for reliable wooden doors, decorative doors, joinery products, and the manufacturing of timber molding products.
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Famous-Ed, beribu pejabat di Ulu Yam, Selangor Darul Ehsan, telah mengambil bahagian secara aktif dalam pelbagai projek pembangunan di seluruh Malaysia sejak beberapa tahun kebelakangan ini. Melalui prestasi luar biasa mereka, mereka telah memperoleh reputasi yang luar biasa di kalangan pesaing industri. Komitmen mereka melangkaui penyampaian produk terkemuka; mereka juga menawarkan panduan pakar tentang strategi penetapan harga, memberikan mereka kesetiaan pelanggan terkemuka seperti Kumpulan Kerjaya Prospek, yang memperoleh pintu dan bingkai kayu secara eksklusif daripada mereka. Kerjaya Prospek telah muncul sebagai firma pembinaan terkemuka di Malaysia, dengan menawarkan pelanggan berprestij seperti Eastern and Oriental Berhad (E&O), SP Setia Berhad, dan Eco World Development Group Bhd. Tambahan pula, Famous-Ed secara proaktif terlibat dengan pelanggan ternama baharu seperti UOA, Persona Metro, dan Grand Dynamic Berhad.
Pada masa ini, Famous-Ed berdiri sebagai pembekal yang terkenal dengan pintu kayu, pintu hiasan, produk kayu dan pembuatan produk acuan kayu.

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

Famous-Ed is overseen by two Directors, each boasting over a decade of experience in this industry. At present, the company employs over 90 full-time staff members. Their overarching goal is to establish themselves as a trustworthy brand for Malaysian and global households seeking expertise in wooden and decorative doors. The doors they manufacture are synonymous with reliability, durability, and style, ensuring customers receive top-quality products that reflect the excellence of their services.
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Famous-Ed diawasi oleh dua Pengarah, masing-masing mempunyai pengalaman lebih sedekad dalam industri ini. Pada masa ini, syarikat itu mempunyai lebih 90 kakitangan yang bekerja sepenuh masa. Matlamat utama mereka adalah untuk mewujudkan diri mereka sebagai jenama yang boleh dipercayai untuk isi rumah Malaysia dan global yang mencari kepakaran dalam pintu kayu dan hiasan. Pintu yang mereka keluarkan adalah sinonim dengan kebolehpercayaan, ketahanan dan gaya, memastikan pelanggan menerima produk berkualiti tinggi yang mencerminkan kecemerlangan perkhidmatan mereka.

What are their future plans? / Apakah pelan masa depan mereka?

Their strategic vision involves actively pursuing additional high-quality projects, aiming to bolster their portfolio and expand their business prospects. This proactive approach is geared towards surpassing a sales target of at least RM28 million within the current fiscal year.
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Visi strategik mereka melibatkan secara aktif mengejar projek berkualiti tinggi tambahan, bertujuan untuk memperkukuh portfolio mereka dan mengembangkan prospek perniagaan mereka. Pendekatan proaktif ini menjurus ke arah melepasi sasaran jualan sekurang-kurangnya RM28 juta dalam tahun fiskal semasa.

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

2023 (May) total revenue: RM 9,374,989.00 and profit before tax: RM 1,826,257.00
2022 total revenue: RM 19,702,562.00 and profit before tax: RM 1,579,711.00
2021 total revenue: RM 12,943,232.00 and profit before tax: RM 517,502.00
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Jumlah hasil Sehingga (Mei) 2023: RM 9,374,989.00 dan keuntungan sebelum cukai: RM 1,826,257.00
Jumlah hasil 2022: RM 19,702,562.00 dan keuntungan sebelum cukai: RM RM 1,579,711.00
Jumlah hasil 2021: RM 12,943,232.00 dan keuntungan sebelum cukai: RM 517,502.00

Number of years in business? / Usia perniagaan?

The business started in 2001 until now which is currently in its 22nd year in this industry.
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Perniagaan ini bermula pada tahun 2001 sehingga kini yang kini merupakan tahun ke-22 dalam industri.

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

The allocated funds are intended to serve as crucial support for forthcoming projects on the horizon. These resources will play a pivotal role in providing financial backing and ensuring the successful execution and completion of upcoming initiatives.
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Dana yang diperuntukkan bertujuan untuk menjadi sokongan penting untuk projek-projek yang akan datang. Sumber-sumber ini akan memainkan peranan penting dalam menyediakan sokongan kewangan dan memastikan kejayaan pelaksanaan dan penyiapan inisiatif yang akan datang.

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

Please download the Factsheet in this Investment Note for more information.

This is the 1st Financing Investment Note hosted by the Issuer on microLEAP's Platform.
The Issuer has other borrowings from other lenders but has sufficient revenue to manage its payment of RM 5,375.00 a month to microLEAP with a good payment record with other lenders.
As rated by Experian, the Issuer's Company i-score is rated as 4 (Fair) with a Probability of Default (PD) of >20%-30%. The Guarantor is rated as 6 (Fair) with a PD of >5%-10% and the 2nd Guarantor is rated 7 (Good) with a PD of >2.5%-5%.
This Investment Note has an MR7 (Medium Risk 7) rating and so it has a Lower Medium Credit Quality and an Upper Medium Risk of Default.
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Sila muat turun Lembaran Fakta dalam Nota Pelaburan ini untuk maklumat lebih lanjut.

Ini ialah Nota Pelaburan Pembiayaan pertama yang dihoskan oleh Penerbit dalam microLEAP Platform.
Penerbit mempunyai pinjaman lain daripada pemberi pinjaman yang lain tetapi mempunyai hasil yang mencukupi untuk menguruskan pembayarannya sebanyak RM 5,375.00 sebulan kepada microLEAP dengan rekod pembayaran baik dengan pemberi pinjaman yang lain.
Seperti yang dinilai oleh Experian, i-skor Syarikat Pengeluar dinilai sebagai 4 (Sederhana) dengan Kebarangkalian Lalai (PD) >20%-30%. Manakala, Penjamin dinilai 6 (Sedehana) dengan PD >5%-10% dan Penjamin kedua dinilai 7 (Baik) dengan PD >2.5%-5%.
Nota Pelaburan ini mempunyai penarafan MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kualiti Kredit Sederhana Rendah dan Risiko Sederhana Atas Kelalaian.

Invest Now
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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