| Current Status | Pre-Revenue |
|---|---|
| Amount Invested | RM400,000 |
| Funding Required | RM600,001 to RM1,000,000 |
| Description | A Sdn Bhd company has been setup for the sole purpose to undertake a new business opportunity to develop and run a petrol station business along a coastal highway in Melaka. The offer was made by Petron Malaysia in 2015 and currently is due for the land conversion by land office. However, there is also some dues to the landowner for the 1.4 acres before the conversion can be done. In dire need to expedite the project progression by offering equity to the funder. I can be contacted at 0133947723. Thank you. |
| Business Opportunity | Relinquish equity for a sum to ensure the project progression. A sum of RM800,000 is needed to pay for the land purchase, land conversion premium and consultancy fees. In return, part of the sum will be converted to equity takeover for 40% of the company. |
| Revenue / Business Model | The anticipated revenue to the company is about RM300,000 per annum with a turnover of about RM10,000,000 per annum. This is a long-term stable growth bussiness. The asset to the company will be the land, building and business. |
| Management Team | I am leading the business myself. |
| Company Background | New start-up with RM400,000 invested yo partially purchase the said land. |
| Funding Milestone | 1-2 years payback period. |
| % Equity Allocation | 40 |
| Expected ROI | 2 years |
| Risks and Mitigation | Asset. Shares. |
| Exit Strategies | First Right of Refusal (FRR) shall be given to me for the re-purchase of the equity. |
| Company Name | xxxx Sdn Bhd |
| Business Address | KL |
| Contact Person | Adly Bin Yacob |
2 Comments