Completion of Lake Development:The Propose Construction and Completion of Promenade at Precint 17%19 and The Remaining Works at Precint 16 & 18 Putrajaya
Project Cost: RM1,742,000.00
Amount Invested : RM570,000.00
Amount Required : RM400,000.00
Knowledge / Experience Required: general management
Proposed Investor’s Role: part-time
Project Stage: second stage expansion
GREATWAY AG ENGINEERING SDN BHD founded by Nasrul Hafiz and Che Mat Ghani. Che Mat Ghani was experienced in engineering works and specialist in oil & gas industries.
Product / Service Description:
Recently AG Group of companies hold and run for few companies and able to get the job from government and GLC and total job in hand valued up to 22 million MYR to kick off by year 2015.
Opportunity for investment OR total sub contracts for short term. AG Group in the midst of capitalization in due to get financial facilities from local banks.
We are able to get the job from internal linkage especially from government OR GLC (PETRONAS, tanjung offshore, etc)
1) Che Mat Ghani – Management, Technical and Business Law
2) Nasrul Hafiz – Sales & Marketing, Investment, Business Development
Contractor: Greatway AG Engineering Sdn Bhd
Paymaster: Cypark Resources Sdn Bhd (subsidiaries for Putrajaya Holding)
Contract Amount: MYR 2,283,436.00
Operating Cost: MYR 1,742,000.00
Estimated Profit: MYR 541,436.00 (23.7%)
Maximum Fund Required: MYR 400,000.00
Return of Investment: 1:1025 (10.20%)
Contract Period: 4 months
Payment Mechanism: A new account shall be open at a convenience branch (Funder) under the contractors name with unrevockable resolution (co-signed by both parties). This account letter will be presented to cypark as the paymaster.
Funding by projects. Preferably short term.
Expected Return On Investment:
10.2% for this project. More next project will be offered to benefits both party.
Investment Risk and Mitigation:
Funding by project. Risk reduced.
Exit Strategies: J
Joint bank account will be closed once project completed. Further JV can be discussed to benefits both party.
Nasrul Hafiz ( email@example.com)
Company Name: Greatway Ag Engineering Sdn Bhd
Postal Address : 12A, Jalan PB9/1,
State : Putrajaya
Post Code : 62250
Country : Malaysia
Telephone : 03-88618382
Website : nil