NT-2201-00011

LR3

SME - HASILWAN (M) SDN BHD, Engineering & Construction,

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?

Hasilwan (M) Sdn Bhd is based in Petaling Jaya, Selangor. We are system integrators and product solution providers for power utilities, commercial, industries & transportation sectors. Our experience runs across a broad range of sectors, including products, services, and new technologies that enhance and support the overall development of the power industry. The core focus of Hasilwan’s business is Power Infrastructure which comprises Transmission, Distribution, Protection, Control & Automation, Renewable, and Energy Storage Solutions. Leveraging on our technical and commercial expertise, our business diversification involves development and investment of special infrastructure projects (i.e. Utility Scale Solar Power Plants).

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

Hasilwan takes pride in delivering effective engineering solutions. With almost 30 years of experience, Hasilwan was established in 1989 and our vast industry experience is credited to our quest in providing integration specialisation solutions alongside our partners for our network of clients.

What are their future plans?

We are planning to build more solar system for residential - targeting 50 houses per month, expanding our business to do more commercial and industrial solar rooftop and lastly to get the company ready for IPO listing.

What has been their annual sales turnover?

We have reported RM 35million revenue in 2019, RM 45million in 2020 and 2021 and generated profit since 2020 of RM 1.5 million

Number of years in business?

more than 30 years

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

We would like to increase our staff headcount, renovate our business premise, purchasing more stocks and grow our business to generate more revenue and profit for the coming years.

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

N/A

Credit Ratings

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.

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.