Project Cost: RM 492,700.00
Amount Invested : RM 180,000.00
Amount Required : RM 312,700.00
Knowledge / Experience Required: finance, sale & marketing
Proposed Investor’s Role: as consultant
Industry: others (Publishing)
Project Stage: seed
The project is a joint initiative between our company, Trendnexus Sdn Bhd and Commerce Access Sdn Bhd – a subsidiary of Commerce Dot Com Sdn Bhd (CDC) – capitalizing on the renowned ePerolehan, the Exclusive eProcurement solution for the Malaysian government.
The Commercialization of ePerolehan Directory 2012 is basically turning the directory from a cost center for CDC into a profit center. TrendNexus, as a media company, realizes the very high value of the said directory as a commercial media since it is a main reference to over 36,000 government procurement managers & officers. For the 140,000 companies registered in ePerolehan, it is a MUST to be highly visible in the directory.
The directory (as a media) offers high visibility and exposure of the advertisers, sponsors and premium listers directly to their main target audience – the 36,000 Government procurement officers all over the country, as well as GLC\’s and SME\’s. The comprehensive registration and renewal (profiling) process of ePerolehan system makes the directory the most up-to-date, most validated / reliable and most accurate business directory in the market.
The total projected revenue of the project is RM 5,387,400.00 over the contract period of 12 months, with 50% nett profit share between the two companies.
The initial funding sourced to assist in mobilizing the project is RM200k to cover for the shortfall at the beginning of the project. We are looking at a short term loan in the period of 6-8 months with an interest allocation offered at 20% per annum.