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.
MT91E, Food / Beverage,
RM 50,000 for 18 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 yang dijalankan?
MT91E, established on 17 October 2021 in Selangor, is actively involved in the operation of food courts and snooker centres. The business focuses approximately 60% on food court services and 40% on snooker facilities, and is fully owned and managed by its proprietor. Currently, the company operates one food court in Kampung Api-Api, Bukit Rotan, along with four snooker centres strategically located across Selangor. MT91E is committed to providing quality recreational and dining experiences, aiming to enhance customer satisfaction and contribute positively to the local community.
________________________________________________________________________________________
MT91E, yang ditubuhkan pada 17 Oktober 2021 di Selangor, aktif dalam mengendalikan medan selera dan pusat snuker. Perniagaan ini memberi tumpuan kira-kira 60% kepada operasi medan selera dan 40% kepada kemudahan snuker, dan dimiliki serta diurus sepenuhnya oleh pemilik tunggalnya. Pada masa ini, syarikat mengendalikan satu medan selera di Kampung Api-Api, Bukit Rotan serta empat pusat snuker yang terletak secara strategik di seluruh Selangor. MT91E komited untuk menyediakan pengalaman rekreasi dan sajian yang berkualiti, dengan matlamat untuk meningkatkan kepuasan pelanggan dan menyumbang secara positif kepada komuniti setempat.
Who is the owner / key person(s) in the business? / Siapakah pemilik / individu penting dalam perniagaan?
The enterprise is owned and managed by its proprietor, En. Mohd Yusri Bin Mat Hussin, who brings over 10 years of experience in managing businesses. His extensive background in business operations contributes significantly to the stability and growth of the company.
________________________________________________________________________________________
Perniagaan ini dimiliki dan diurus oleh pemiliknya, En. Mohd Yusri Bin Mat Hussin, yang mempunyai lebih daripada 10 tahun pengalaman dalam menguruskan perniagaan. Pengalaman luas beliau dalam pengendalian operasi perniagaan menyumbang secara langsung kepada kestabilan dan pertumbuhan syarikat.
What are their future plans? / Apakah rancangan masa depan mereka?
MT91E aims to expand its footprint by increasing the number of food courts and snooker centres across Selangor and neighbouring states. The company is focused on enhancing the overall customer experience through facility upgrades, a wider variety of food offerings, and the introduction of modern entertainment options within its premises. In addition, MT91E plans to pursue strategic partnerships and implement digital marketing initiatives to strengthen brand visibility and attract a broader customer base.
________________________________________________________________________________________
MT91E berhasrat untuk mengembangkan perniagaannya dengan menambah bilangan medan selera dan pusat snuker di seluruh Selangor dan negeri-negeri bersebelahan. Syarikat ini memberi tumpuan kepada penambahbaikan pengalaman pelanggan melalui peningkatan kemudahan, kepelbagaian pilihan makanan, serta pengenalan elemen hiburan moden di premis-premisnya. Selain itu, MT91E merancang untuk meneroka kerjasama strategik dan melaksanakan inisiatif pemasaran digital bagi mengukuhkan keterlihatan jenama dan menarik lebih ramai pelanggan.
What has been their annual sales turnover? / Berapakah jumlah perolehan jualan tahunan mereka?
The total annual sales for 2022 amounted to RM 795,060.00.
The total annual sales for 2023 amounted to RM 1,020,843.00.
The total annual sales for 2024 amounted to RM 1,292,952.94
The total sales for 2025 (up to March) amounted to RM 479,012.43.
________________________________________________________________________________________
Jumlah jualan tahunan bagi tahun 2022 adalah RM 795,060.00.
Jumlah jualan tahunan bagi tahun 2023 adalah RM 1,020,843.00.
Jumlah jualan tahunan bagi tahun 2024 adalah RM 1,292,952.94.
Jumlah jualan bagi tahun 2025 (sehingga Mac) adalah RM 479,012.43.
Number of years in business? / Berapa lamakah perniagaan ini telah beroperasi?
The business started in 2021 until now, which is currently in its 3rd year in the industry.
________________________________________________________________________________________
Perniagaan ini bermula pada tahun 2021 sehingga kini yang kini telah memasuki tahun ke-3 dalam industri.
How would the Issuer utilise the funds raised on the platform? / Bagaimanakah Penerbit akan menggunakan dana yang diperoleh di platform?
MT91E is seeking term financing of RM50,000 from microLEAP to support the enhancement of its existing facilities and facilitate business expansion. The funds will be utilised to upgrade amenities at both the food court and snooker centres, providing a more comfortable and attractive environment for customers. Additionally, the financing will enable investment in new equipment and marketing initiatives, supporting business growth and strengthening the company’s market presence across Selangor.
________________________________________________________________________________________
MT91E memohon pembiayaan berjangka sebanyak RM50,000 daripada microLEAP bagi menyokong penambahbaikan kemudahan sedia ada dan pengembangan perniagaan. Dana ini akan digunakan untuk menaik taraf kemudahan di medan selera dan pusat snuker, sekaligus menyediakan persekitaran yang lebih selesa dan menarik untuk pelanggan. Selain itu, pembiayaan ini akan membolehkan syarikat melabur dalam peralatan baharu serta inisiatif pemasaran, seterusnya menyokong pertumbuhan perniagaan dan mengukuhkan kehadiran pasaran di seluruh Selangor.
The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments
The owner is also the Guarantor for this financing and the Guarantor's i-Score is 8 ('Good') with a Probability of Default (PD) of >1.5% – 2.5%, while the second Guarantor has an i-Score of 7 ('Good') with a PD of >2.5% – 5% according to an external credit bureau. The Issuer has no existing credit facilities but has sufficient revenue to manage the monthly repayment of RM3,390.28 to microLEAP. One of the Guarantors had a past trade reference, which has since been fully settled. This Investment Note has an MR6 (Medium Risk 6) rating and thus carries medium-weak credit quality and medium-high risk of default.
________________________________________________________________________________________
Pemiliknya juga Penjamin untuk pembiayaan ini dan I-skor Penjamin adalah 8 ('Baik') dengan Kebarangkalian Keingkaran (PD) >1.5% – 2.5%, manakala Penjamin kedua mempunyai I-skor 7 ('Baik') dengan PD >2.5% – 5% berdasarkan maklumat daripada biro kredit luaran. Penerbit tidak mempunyai sebarang kemudahan kredit sedia ada tetapi mempunyai pendapatan yang mencukupi untuk menguruskan bayaran bulanan sebanyak RM3,390.28 kepada microLEAP. Salah seorang Penjamin mempunyai rekod rujukan perdagangan sebelum ini, namun ia telah diselesaikan sepenuhnya. Nota Pelaburan ini mempunyai penarafan MR6 (Risiko Sederhana 6) dan oleh itu mempunyai kualiti kredit sederhana-lemah dan risiko keingkaran sederhana-tinggi.
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.
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.
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.
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.
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.
.
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.
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.
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.
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.
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.
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.