NT-2409-00005

MR7

SME-K.H. METAL LINKAGE (M) SDN. BHD., Smecorp,

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?

Our business are located Simpang Ampat, Pulau Pinang. Our business dealing in metal, machining, manufacturing of bolts, screws, nuts, similar threaded products and manufacturing of axle.

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

Director - 2
Admin - 4
Operator - 20

Keyman in this industry since 1998 and more than 26years businesses experience.

What are their future plans?

In next 2-3 years subject business to explore to other segments like Toyota, local manufacturer for increasing sales revenue.

What has been their annual sales turnover?

Financial 2021 - 7,428,671

Financial 2022 - 10,373,537

Financial 2023 - 7,372,950

Management account Jan 2024 - July 2024 - 4,886,796

Number of years in business?

Since 14 Sep 1998 established more than 26years

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

From the fund, we intend to use it as working capital to standby for the next financial year 2025
to purchase more law material best price due to current uncertainly pricing adjustment. Law material in increasing recently and hope this fund obtained can help our business in expenditure used.

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

N/A

Credit Ratings

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.

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

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.