NT-2409-00003

LR2

SME-GLOBUS ENERGY ASSETS SDN BHD, Smecorp,

RM 500,000 for 36 month term. RM 500,000 funded

100 % Funded

Is this a Shariah-compliant Investment Note? / Adakah ianya Nota Pelaburan patuh Syariah?

yes

Who is the Issuer and what does the business do?

Globus Energy Assets Sdn Bhd was established in 2023 in Malaysia, positioning itself as a leading supplier of electrical and electronic products. Globus specialises in three main areas: trading of electrical and electronic products, installation and management of electrical and electronic services, and import and export of these products. The company has built a strong reputation for providing innovative solutions tailored to the needs of its customers, particularly in the construction sector.

Who is the owner / key person(s) in the business?

The management team at Globus is led by General Manager Yeoh Leek Kia, who emphasizes the importance of customer collaboration and support. The leadership is characterized by a commitment to integrity, professionalism, and innovation, ensuring that the company remains at the forefront of the electrical and electronic industry in Qatar. The team is experienced, with a deep understanding of the market and a strategic vision for growth.

What are their future plans?

Looking ahead, Globus aims to increase its footprint in international markets through strategic partnerships and export initiatives.

What has been their annual sales turnover?

Sales for 2024 is RM121,960

Number of years in business?

1 year 6 months

How would the Issuer utilise the funds raised on the platform?

Globus is seeking financing to support its expansion plans, which include enhancing product lines and upgrading existing facilities as well as establishing new operational centers to improve service delivery and efficiency.

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

N/A

Credit Ratings

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.

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.