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.
Neofort Materials, Trading,
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?
Neofort Materials was founded in 2017 after our founders saw a gap between the needs of the industry and what suppliers were offering. Neofort Materials aims to be the best Aluminium Supplier in Malaysia with our slogan of “Trust, Reliability and Services”.
We have been growing in both size and reputation at an astonishing rate. We lead the way in customer care and satisfaction, and we strive to provide the very best service to everyone we work with. Currently, we have supplied our aluminium to all sorts of work e.g. Automotive, engineering, aerospace, oil and gas and etc.
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Neofort Materials diasaskan pada 2017 selepas pengasas kami melihat jurang antara keperluan industri dan perkara yang ditawarkan oleh pembekal. Neofort Materials menyasarkan untuk menjadi Pembekal Aluminium terbaik di Malaysia dengan slogan kami "Amanah, Kebolehpercayaan dan Perkhidmatan".
Kami telah berkembang dari segi saiz dan reputasi pada kadar yang menakjubkan. Kami mendahului dalam penjagaan dan kepuasan pelanggan, dan kami berusaha untuk memberikan perkhidmatan yang terbaik kepada semua orang yang bekerjasama dengan kami. Pada masa ini, kami telah membekalkan aluminium kami kepada semua jenis kerja cth. Automotif, kejuruteraan, aeroangkasa, minyak dan gas dan lain-lain.
Who is the owner / key person(s) in the business? / Siapakah pemilik / tunggak Perniagaan ini?
The director of Neofort Materials found out that the aluminum trading was dominated by big players. Therefore, by starting out this business, he aims to offer a few selection of option for his customers.
Neofort Materials has 7 staff with plenty of years of experience in their field of work. Be it from sales to production, we have a stellar record of providing one of the best after-sales services and lead time to our customers.
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Pengarah Neofort Materials mendapati perdagangan aluminium telah dikuasai oleh pemain besar. Oleh itu, dengan memulakan perniagaan sendiri, dia berhasrat untuk mencari kelebihan yang lebih baik untuk pelanggannya.
Neofort Materials mempunyai 7 kakitangan yang mempunyai pengalaman bertahun-tahun dalam bidang kerja mereka. Sama ada dari jualan hingga pengeluaran, kami mempunyai rekod cemerlang dalam menyediakan perkhidmatan yang baik selepas jualan dan memberi keutamaan masa kepada pelanggan kami.
What are their future plans? / Apakah pelan masa depan mereka?
We plan to increase stock purchases by 50% annually and increase sales revenue by 30% for the next 3 years. We also plan to move to a larger warehouse and would like to early settle this financing.
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Kami merancang untuk meningkatkan pembelian stok sebanyak 50% setiap tahun dan meningkatkan hasil jualan sebanyak 30% untuk 3 tahun akan datang. Kami juga merancang untuk berpindah ke gudang yang lebih besar dan ingin menyelesaikan awal pembiayaan ini secepat mungkin.
What has been their annual sales turnover? / Bagaimanakah hasil jualan tahunan?
The company has closed the account with RM1.7 million revenue in 2020 and RM2.8 million revenue in 2021. With the economy recovering, the company expected RM3.3 million revenue by year-end of 2022.
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Syarikat telah menutup akaun dengan hasil RM1.7 juta pada 2020 dan hasil RM2.8 juta pada 2021. Dengan ekonomi yang semakin pulih, syarikat menjangkakan hasil RM3.3 juta pada akhir 2022.
Number of years in business? / Usia perniagaan?
The business registered in Sept 2017, and the business has been running for almost 5 years.
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Perniagaan telah didaftarkan pada Sept 2017, dan perniagaan telah beroperasi hampir 5 tahun.
How would the Issuer utilise the funds raised on the platform? / Bagaimanakah Penerbit akan menggunakan dana yang diperoleh di platform?
This fund will be utilise used as working capital to buy more stock.
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Dana ini akan digunakan sebagai modal kerja untuk membeli lebih banyak stok.
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.
As rated by Experian, the Issuer's Company i-score is rated as 10 (Strong) with a Probability of Default (PD) of <1%. The Guarantor is rated as 6 (Fair) with a PD of >5%-10% and 2nd Guarantor is rated 7 (Good) with a PD of >2.5%-5% The Issuer has other borrowings from other lenders but has sufficient revenue to manage its payment of RM2,679.17 a month to microLEAP with a good payment record with other lenders.
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.
Seperti yang dinilai oleh Experian, i-skor Syarikat Pengeluar dinilai sebagai 10 (Kuat) dengan Kebarangkalian Lalai (PD) <1%, manakala Penjamin dinilai 6 (Wajar) dengan PD >5%-10% dan Penjamin kedua dinilai 7 (Baik) dengan PD >2.5%-5% . Penerbit mempunyai pinjaman lain daripada pemberi pinjaman yang lain tetapi mempunyai hasil yang mencukupi untuk menguruskan pembayarannya sebanyak RM2,679.17 sebulan kepada microLEAP dengan rekod pembayaran baik dengan pemberi pinjaman yang lain.
Nota Pelaburan ini mempunyai penarafan MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kualiti Kredit Sederhana Rendah dan Risiko Sederhana Atas Kelalaian.
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