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.
Hong Lim Transportation 6, Transportation,
RM 50,000 for 24 month term. RM 50,000 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 company started in 2011 as a transport business in Sarawak. We're well-known for our transportation services, using our own big fleet of dump trucks and trailers. Our goal is to meet the growing needs of the transportation industry. Now, we offer services all across Sarawak.
We take good care of our vehicles, keeping them in great shape. Our drivers are well-trained to make sure we transport palm oil products (like FFB, PK, PKS, EFB, and CPO) and other goods quickly, smoothly, and safely to any place in Sarawak.
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Syarikat kami bermula pada tahun 2011 sebagai perniagaan pengangkutan di Sarawak. Kami terkenal dengan perkhidmatan pengangkutan kami, menggunakan kumpulan trak sampah dan treler kami yang besar. Matlamat kami adalah untuk memenuhi keperluan industri pengangkutan yang semakin meningkat. Kini, kami menawarkan perkhidmatan di seluruh Sarawak.
Kami menjaga kenderaan kami dengan baik, memastikannya dalam keadaan baik. Pemandu kami terlatih untuk memastikan kami mengangkut produk minyak sawit (seperti BTS, PK, PKS, EFB, dan MSM) dan barangan lain dengan cepat, lancar dan selamat ke mana-mana tempat di Sarawak.
Who is the owner / key person(s) in the business? / Siapakah Pemilik Perniagaan ini?
One of our directors has 12 years of experience in this industry. Before starting this company, he worked in the same field and has a lot of connections to consistently get jobs. He's the person who makes big decisions, gathers resources for the company, and leads changes that directly impact the company's growth.
The other directors have master's degrees and handle all the management tasks. This includes overseeing staff, managing various financial aspects of the business, like predicting income and expenses. Altogether, we have 15 staff members, not counting the two directors.
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Salah seorang pengarah kami mempunyai pengalaman selama 12 tahun dalam industri ini. Sebelum memulakan syarikat ini, beliau bekerja dalam bidang yang sama dan mempunyai banyak hubungan untuk mendapatkan pekerjaan secara konsisten. Dia adalah orang yang membuat keputusan besar, mengumpulkan sumber untuk syarikat dan mengetuai perubahan yang secara langsung memberi kesan kepada pertumbuhan syarikat.
Pengarah lain mempunyai ijazah sarjana dan mengendalikan semua tugas pengurusan. Ini termasuk menyelia kakitangan, mengurus pelbagai aspek kewangan perniagaan, seperti meramalkan pendapatan dan perbelanjaan. Secara keseluruhan, kami mempunyai 15 kakitangan, tidak termasuk dua pengarah.
What are their future plans? / Apakah pelan masa depan mereka?
Now, with careful management and a team of professional, experienced, and dedicated employees, we are delighted to announce that we can coordinate the transportation of goods anywhere and anytime throughout East Malaysia. We are also ready to face future challenges by enhancing our relationships with current customers and establishing new connections with customers.
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Kini, dengan pengurusan yang teliti dan pasukan pekerja yang profesional, berpengalaman dan berdedikasi, kami berbesar hati untuk mengumumkan bahawa kami boleh menyelaraskan pengangkutan barangan di mana-mana dan bila-bila masa di seluruh Malaysia Timur. Kami juga bersedia untuk menghadapi cabaran masa depan dengan meningkatkan hubungan kami dengan pelanggan semasa dan mewujudkan hubungan baharu dengan pelanggan.
What has been their annual sales turnover? / Bagaimanakah hasil jualan tahunan?
Year 2021: RM2,000,895 (audited)
Year 2022: RM2,802,142 (audited)
Year 2023: RM2,864,228 (mgt acc)
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Tahun 2021: RM2,000,895 (diaudit)
Tahun 2022: RM2,802,142 (diaudit)
Tahun 2023: RM2,864,228 (akaun pengurusan)
Number of years in business? / Usia perniagaan?
Since 27 May 2011 - 12 years
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Sejak 27 Mei 2011 - 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?
The purpose of the funding request is to fund our working capital requirement and other business related general expenses.
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Tujuan permintaan pembiayaan adalah untuk membiayai keperluan modal kerja kami dan perbelanjaan am berkaitan perniagaan lain.
The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments / Rasional Skor Risiko Kredit bagi Penerbit– Komen microLEAP
Please download the Factsheet in this Investment Note for more information.
This is the 6th Financing Investment Note hosted by the Issuer on microLEAP's Platform.
The issuer has sufficient revenue to manage its payment to microLEAP. The Issuer and Guarantors have shown a good payment track record with other lenders. We have Standing Instructions (SI) in place to ensure prompt payment of the profit and principal into our Trust account.
As rated by Experian, the Issuer's Company i-score is rated as 8 (Good) with a Probability of Default (PD) of >1.5%-2.5%. The Guarantor is rated as 7 (Good) with a PD of >2.5%-5% and the 2nd Guarantor is rated 6 (Fair) with a PD of >5%-10%.
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 ke-6 yang dihoskan oleh Pengeluar dalam microLEAP Platform.
Penerbit mempunyai hasil yang mencukupi untuk mengurus pembayarannya kepada microLEAP. Penerbit dan Penjamin telah menunjukkan rekod prestasi pembayaran yang baik dengan pemberi pinjaman lain. Kami mempunyai Arahan Tetap (SI) untuk memastikan pembayaran segera keuntungan dan prinsipal ke dalam akaun Amanah kami.
Seperti yang dinilai oleh Experian, i-skor Syarikat Pengeluar dinilai sebagai 8 (Baik) dengan Kebarangkalian Lalai (PD) >1.5%-2.5%. Manakala, Penjamin dinilai 7 (Baik) dengan PD >2.5%-5% dan Penjamin kedua dinilai 6 (Adil) dengan PD >5%-10%.
Nota Pelaburan ini mempunyai penarafan MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kualiti Kredit Sederhana Rendah dan Risiko Sederhana Atas Kelalaian.
This Investment Note pays an upper-medium Interest Rate and has an upper-medium Risk of Default.
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This Investment Note pays a low Interest Rate and has a low Risk of Default.
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