Risiko Rendah 3
Nota Pelaburan ini membayar Kadar Faedah yang rendah dan mempunyai Risiko Kagalan yang rendah.
Ia mempunyai Kualiti Kredit yang kuat kerana aliran tunai yang baik dan Nisbah Perkhidmatan Hutang yang baik.
SME - COURSENETWORKING ASIA PACIFIC SDN. BHD., E-commerce,
RM 500,000 bagi 36 tempoh bulan. RM 500,000 dibiayai
Is this a Shariah-compliant Investment Note? / Adakah ianya Nota Pelaburan patuh Syariah?
YES
Who is the Issuer and what does the business do?
CourseNetworking (CN) was developed based on the concept of course "networking," as opposed to the typical course "management" systems. Thus, a new social Learning Management System (LMS) was born based on the notion of lifelong access to LMS content, and deep integration personal Electronic Portfolio (ePortfolio).
In 2011, the idea and business model of CN were discussed with Indiana University’s leadership. CourseNetworking LLC was co-founded and commercialized by Indiana University and Ali Jafari. The unique business model planned to offer lifelong, free ePortfolio accounts to individuals, worldwide while monetizing through low-cost institutional licensing and optional individual premium accounts.
At CN, we take pride in having an enthusiastic global team that works tirelessly to maximize opportunities for our established and potential clients. CN is headquartered in Indianapolis, IN USA, and has offices in Kuala Lumpur, Malaysia, and Guangzhou, China.
Our Asia Pacific (CNAP) headquarters, located in Kuala Lumpur, focuses on business development and marketing work in the region. Our team in Guangzhou, China, works hand in hand with the U.S. and IUPUI CyberLab team to maintain and develop CN’s technology backbone as they focus on continuous software innovation and development of the CN platform. The CN Asia Pacific business is servicing Asia pacific clients in Malaysia and Singapore, such as UCSI University, Berjaya University College, Leaderonomics, UTAR, Islamic centre Singapore. Clients use the CN platform for teaching and learning.
Who is the owner / key person(s) in the business?
Professor Ali Jafari founded CourseNetworking LLC as part of his research on the next generation e-learning technology platform (see CN white paper).
Professor Jafari is a serial entrepreneur who is well known for his research and innovation in the area of Information Technology, more specifically, on the development of a series of Learning Management Systems (LMS).
The owner of the Asia Pacific business is Yong Mien Dee and has been running the business for 8 years with the asia pacific team. Mien Dee has a Masters in Management information systems.
What are their future plans?
CNAP has intentions to grow the business by licensing the software to more educational institutions, corporate learners and to build microcredential courses with existing clients using a new business model which includes B2C marketing. This will require CNAP to have its own website to sell and promote the microcredential courses.
What has been their annual sales turnover?
CNAP was generating RM 26, 592 in 2019 to RM 29,819 in 2020 expected to generate RM 36,384.69 in 2021
Number of years in business?
CNAP has been operating in US for 11 years and in Malaysia for 8 years.
How would the Issuer utilise the funds raised on the platform?
To increase more clients in the educational space, to create a new website to sell microcredential courses, to work with universities to build more content to sell as microcredential courses worldwide.
The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments
N/A
Nota Pelaburan ini membayar Kadar Faedah yang rendah dan mempunyai Risiko Kagalan yang rendah.
Ia mempunyai Kualiti Kredit yang kuat kerana aliran tunai yang baik dan Nisbah Perkhidmatan Hutang yang baik.
Nota Pelaburan ini membayar Kadar Faedah terendah dan mempunyai Risiko Kagalan terendah.
Ia mempunyai Kualiti Kredit terkuat kerana aliran tunai yang sangat tinggi dan Nisbah Perkhidmatan Hutang yang sangat rendah.
Nota Pelaburan ini membayar Kadar Faedah yang lebih rendah dan mempunyai Risiko Kagalan yang lebih rendah.
Ia mempunyai Kualiti Kredit yang lebih kuat kerana aliran tunai yang tinggi dan Nisbah Perkhidmatan Hutang yang rendah.
Nota Pelaburan ini membayar Kadar Faedah yang rendah dan mempunyai Risiko Kagalan yang rendah.
Ia mempunyai Kualiti Kredit yang kuat kerana aliran tunai yang baik dan Nisbah Perkhidmatan Hutang yang baik.
Nota Pelaburan ini membayar Kadar Faedah sederhana-rendah dan mempunyai Risiko Kagalan sederhana-rendah.
Ia mempunyai Kualiti Kredit sederhana yang kuat kerana aliran tunai purata hingga baik dan Nisbah Perkhidmatan Hutang rata-rata hingga baik.
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Nota Pelaburan ini membayar Kadar Faedah sederhana dan mempunyai Risiko Kagalan sederhana.
Ia mempunyai Kualiti Kredit sederhana kerana purata aliran tunai dan rata-rata Nisbah Perkhidmatan Hutang.
Nota Pelaburan ini membayar Kadar Faedah sederhana tinggi dan mempunyai Risiko Kagalan sederhana tinggi.
Ia mempunyai Kualiti Kredit yang lemah sederhana kerana aliran tunai di bawah purata dan Nisbah Perkhidmatan Hutang di atas purata.
Nota Pelaburan ini membayar Kadar Faedah sederhana atas dan mempunyai Risiko Kagalan sederhana atas.
Ia mempunyai Kualiti Kredit sederhana rendah kerana aliran tunai purata hingga rendah dan Nisbah Perkhidmatan Hutang rata-rata hingga tinggi.
Nota Pelaburan ini membayar Kadar Faedah yang tinggi dan mempunyai Risiko Kagalan yang tinggi.
Ia mempunyai Kualiti Kredit yang lemah kerana aliran tunai yang rendah dan Nisbah Perkhidmatan Hutang yang tinggi.
Nota Pelaburan ini membayar Kadar Faedah yang lebih tinggi dan mempunyai Risiko Kagalan yang lebih tinggi.
Ia mempunyai Kualiti Kredit yang lebih lemah kerana aliran tunai yang lebih rendah dan Nisbah Perkhidmatan Hutang yang lebih tinggi.
Nota Pelaburan ini membayar Kadar Faedah tertinggi dan mempunyai Risiko Kagalan tertinggi.
Ia mempunyai Kualiti Kredit yang paling lemah kerana aliran tunai yang sangat rendah dan Nisbah Perkhidmatan Hutang yang sangat tidak sihat.