NT-2201-00010

Yes

Our company is a construction material supplier was founded in year 2016. Our company mainly operations as a dealer with building materials, general hardware, mild steel, high tensile bolts & nuts and minor engineering work and services. Also, our based at Kuala Lumpur, our company's target market is mainly Kuala Lumpur and Johor. Besides that, we do not have any branches/outlets due to the internet and phone communication is the main stream nowadays.

The founder Madam Set Kuei Yong and her spouse has over 20 years of experience in this industry as a marketing and sales personnel. Our company sales team consists of seven very experienced team members with excellent negotiating skills, communications skills, and has very positive mindsets. In addition, there are two administrative personnel to support the sales team members to ensure the trade runs smoothly.

Our company plan to strengthen our market position by building relationships with existing customers and potential customers through joint efforts in product development, participating in exhibitions and publishing advertisement in trade publications.

Due to the reputation and experience of the director in this field, by the year of 2018 the company's sales turnover has achieved RM10million and profit RM497,000. In the second year 2019 the company's turnover has grown up to RM11million and profit RM579,000. For year 2020, the company has achieved a turnover RM13mil and profit approximately RM663,000

Our business has been running approximately 5 years of related field experience.

The main purpose of this fund is to invest in sales related activities; a portion of it will be used to increase the incentive of the sales team member, to fund the e-marketing segment of the business and also to further support the payable and receivables days which is part of the expansion plan of the business.

N/A