Iron ore trading business seeking short term loan

Iron ore trading business seeking short term loan

Project Cost: Rm5 million

Amount Invested : Rm100000

Amount Required : Rm 4.9 million

Knowledge / Experience Required: finance

Proposed Investor’s Role: part-time

Industry:
energy / natural resources
trade

Project Stage: start-up

Information Memorandum:

Hi my name is Faiz and i am from Xplor Resources Sdn Bhd. We are a resources trading company based in Kuala Lumpur, Malaysia. We are currently involved in the trading of iron ore supplies and also metallurgical coal.

Our company has recently managed to reach an agreement with our buyer which is an international trading company based in Hong Kong to supply iron ore. We are seeking for a short term loan of rm 4.9 million fo a period of 6-12 month. The funds raised will be used as a working capital to acquire the supplies of iron ore at discounted price by purchasing in cash. We guarantee a return on invested capital of 1.5% each month up till the end of our loan term. We are planning to have the first shipment out in December 2012.

Contact Information

Faiz suffian ( Faizdsuffian@gmail.com)
Company Name: Xplor Resources Sdn Bhd
Postal Address :
Level 26, Menara Citibank,165 Jalan Ampang, Kuala Lumpur
State : Wilayah persekutuan
Post Code : 50450
Country : Malaysia
Telephone : 0321697350
Fax : 0321697312
Mobile: 0177612333

CAPITAL.MY