NT-2112-00014

LR2

SME - CLOUDSOFT SERVICES SDN.BHD, IT / Technology,

RM 200,000 for 36 month term. RM 200,000 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?

Currently our business is nationwide and at time we also sell our services to clients across Asia Pacific eg. India , Indonesia, Thailand , Philippines, Singapore. We have brunches in Northern Region ,Southern Region, Central Region, Sabah & Sarawak . We are software , application developers and also command center support 24/7 services. Cloudsoft also provides centralized solutions for monitoring and provide technical and maintenance support nationwide.

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

Datuk Yusof Izahar - Chairman ( in-charge of all government and GLC based companies marketing & Operations) has 35 year of Corporate Management Experience

Dato Ignatius Lourdsamy - Managing Director ( In-charge of overall Sales , Marketing , Support & Operations of the company ) has 20 year experience in this field

Datin Pravena Paniker - Finance Director ( In-charge of Accounts ) has more than 6 years experience

Mohd Faizal Ishak - Operation Director ( in- charge of Nationwide Operations ) - 12 technical team report to him - has 16 years experience

Basilius Lourdsamy - Project Manager ( in- charge of Project Implementation) - runs 3 project team -has 7 years experience

Nur Natasya B. Mohd Yusof Manager ( in-charge of HR & Administration ) 5years experience

Currently we have about 14 staffs including sales personal - all experience more than 3years

What are their future plans?

We are planning to expand our services to more government sectors nationwide , currently most of our customers are MNC - Multinational Companies, we also want to expand our solutions to 3rd world upcoming countries in Asia Pacific

What has been their annual sales turnover?

2mil to 2.5mil
Profit Margin 8% to 10%

Number of years in business?

10years

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

We want to build new application to enhanced to monitoring platform to increase our client list and revenue

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.