Use of Funds: Acquisiton of land, construction of factory, working
capital, purchase equipment to manufacture and distribute cable
products. They are currently a trading company in Malaysia supplying
cable products purchased from manufacturers and reselling through their
sales agents under their own cable brand, YOGAWA. The funds will
enable them to hire more staff, increase the amount of product available
at reduced costs, thereby increasing their profits and volume of sales.
Having their own factory will also allow them to export and sell more
products to distributors in other countries in their area.
Company Background & Sales History:
They started their business on Nov. 11, 2010 with only 5 people and now
have 15 people involved including mangement. In 2011 their Gross Sales
Volume was $2.5 million, 2012 $2.9 million and 2013 $2.35 million. In
2013 all business sectors experienced a slow down due to the
government election. Balance sheet, P & L, tax returns and personal
financials available on request.
They intend to pay back the loan over 5 years from the increased profits
they generate by having their own factory, that will enable them to
increase their volume, sales and export capabilities.
Backgroud of Directors :
Mr. Maty Algan has 12 years experience in this cable line and also 5
years in marketing. He was a supervisor in the cable factory for 8 years
and in 2006 was promoted to factory manager. He served as a factory
manager for four years. In 2010 he left his job to open his own company,
Intellectual Cable Forces Sdn Bhd.
Ms. Vijayaletchimy completed her ACCA in a local university, has 6 years
experience in banking and 9 years experience as an accountant in a
private company. She is the administrator and finance manager of the
Directors : Maty Alagan
Marketing : Segar
Admin & Account : Vijayaletchimy
Additional Information to be Provided: Land Costs, Construction
Costs, Equipment Costs, and Working Capital needed to hire more staff
and sales agents. An appraisal and feasibility study will be done by a
company chosen by the investor.
For more information please contact:
Dave Burton, Consultant
I prefer a phone call or email first and then can arrange a call via Skype if
What's up Dave?
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