Current Status | Growth |
Amount Invested | RM3,500,000 |
Funding Required | RM5,000,000 or more |
Description | VervX Malaysia Is an organization that primarily focuses on the direct sales of Automotive Service Products and Parts to end users. By eliminating unnessecerray tiers in the supply chain, we have been able to provide our users with high quality automotive products at competitive (wholesale) prices. Our methodology has enabled us to grow to approximately 100,000 users across the country including Borneo over the span of 7 years. The vital ingredient in our formula emulates incremental and sustainable growth. Methods of the past, as well as new innovative ideas are are constantly reviewed remodeled and tweaked to keep up with the ever-changing technological, lifestyle and current economic climate. We hope to be a panacea for all our customers needs. Last year as part of our expansion plan, we introduced Asia’s first Automotive microfrancshise UMW ADVANTEC – FILTERS & OTHER PARTS |
Business Opportunity | To raise RM 10,000,000.00 in funding
WHY? HOW WE INTEND TO DO SO? WHAT ARE PREFERENCE SHARES? ADVANTAGES OF PREFERENCE SHARES DISADVANTAGES OF PREFERENCE SHARES RETURNS OFFERED TO INVESTORS |
Revenue / Business Model | We would like to explain the profit breakdown in details to the interested Party. As the Financial mechanism are broken into 4 different income stream under on business. |
Management Team | KEVIN RAJ – CEO DR.RAM PRASAD PILLAY – CFO ANTHONY PAUL – SALES DIRECTOR KARAMJIT SINGH – TECHNICAL DIRECTOR |
Company Background | VervX Malaysia Is an organization that primarily focuses on the direct sales of Automotive Service Products and Parts to end users. By eliminating unnessecerray tiers in the supply chain, we have been able to provide our users with high quality automotive products at competitive (wholesale) prices. Our methodology has enabled us to grow to approximately 100,000 users across the country including Borneo over the span of 7 years. The vital ingredient in our formula emulates incremental and sustainable growth. Methods of the past, as well as new innovative ideas are are constantly reviewed remodeled and tweaked to keep up with the ever-changing technological, lifestyle and current economic climate. We hope to be a panacea for all our customers needs. |
Funding Milestone | 10,000,000.00 in total preference shares offered. Will set upon the targeted coutries as the capital grows. |
% Equity Allocation | Cummulative Reedemable Convertible Preference Shares of RM1.00 each. 25% Dividends |
Expected ROI | 4 years |
Exit Strategies | Each Preference Shares can be sold back to the common share holders with a 6 months notice period. |
Company Name | VERVX MALAYSIA SDN BHD |
Website/Facebook | http://www.vervx.com |
Business Address | E-08-02, JALAN PJU 1A/7A,, CAPITAL 5, OASIS SQUARE,, ARA DAMANSARA |
Contact Person | KEVINRAJ |
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