Project Cost: RM1,975,290
Amount Invested : RM475,290
Amount Required : RM1,500,000
Knowledge / Experience Required: general management
Proposed Investor’s Role: others (Funding)
others (Employee Transport Services)
Company Current Status:
The company was established with its primary aim to provide quality services for the daily worker transportation services for a MNC companies (NYSE: JKS) located in the Perai Industrial Zone, Penang. The directors have many years of experience in the field and within the region; has built a solid reputation for providing quality transportation services and working closely with clients to ensure requirements are not only met, but expectations exceeded. Operating with a group of knowledgeable and dedicated drivers, the company is constantly striving for service and quality improvements to provide clients with exceptional service and attention to detail.
Product / Service Description:
The company was established with its primary aim to provide quality services for the daily worker transportation services for a MNC Companies (NYSE: JKS) located in the Perai Industrial Zone, Penang. Initiate deployment is 1200 and this number will be increased to 1600 in the next 3 months.
The “Employee Transport Services” agreement was signed and stamped with 2 years extendable contract. In meeting the business demands, Preyash is supplying 10 employees bus and 20 vans to perform the daily deployment with its capability in supporting 1400 employees under 3 crews 2 shifts work patterns.
Employee Transport Services is highly demanded by all the MNC companies. With our drivers cum recruiters’ strength, Preyash is highly confident to expand our services to other MNC manufacturers. In addition, supplying local & foreign contract labor will be our next expansion agenda.
The revenue will be generated through the nos of workers as well as routes performed.
XXXXXX is an associate member of Institute of Banker Malaysia, graduated from Charted of B. Adm UK, with a PhD in Business Law, and AAIA from College of Arm. Comes with many years of experience from the recruitment industry, having served as a Manager for 16 years. Has extensive network, just love the challenges to meet the deadlines, or beat it. Currently heads the Northern Branch, managing a staff of 120 as well as overseeing all the company businesses, operations and recruitment needs in the Northern region.
At this point of time, we’re outsourcing the transportation to 3rd party with monthly sales revenue of $340,000.00 in a month. Our profit margin is below than 15%.This margin will be increased to 60% to 70% upon we initiate our own business model.
We guaranteed 2% monthly return to the “funder”as a director’s fee of which equivalent to 24% in a year from the amount invested. A year end bonus of 26% will be distributed to our “funder” upon the closing book.
The return of investment will be based on the amount invested by the “funder” i.e. $1,000,000.00 x 2% = $20,000.00 as monthly director fee and another 26% of $260,000.00 as year end return bonus.
Expected Return On Investment:
Total ROI will be $500,000.00 per year. (for each $1.0 million investment)
Investment Risk and Mitigation:
The risk is very minimum as the appointed drivers have been with us for more than 6 years. In addition, the vehicle ownership is transferred to the respective driver through the monthly deduction scheme. All the monthly service & maintenance will be absorbed by the company to ensure each vehicle in good and safe condition.
The exit opportunity to the “funder” will be our guaranteed return started from the 1st month of investment. In addition, this transportation services has widen opportunity for us to serve MNC companies for their staffing needs i.e. Contingent Labor Supply or Permanent placement.
Company Name: XXXX
Postal Address : B303-3-16,Krystal Point, Jalan Sultan Azlan Shah, Bayan Lepas
State : Penang
Post Code : 11900
Country : Malaysia
Telephone : 604-6439400
Website : n/a