BUSINESS EXPANSION

Kuala Lumpur, Malaysia
29/03/2022 - 05/05/2022
Reference No : NK-29032022-MD-0002

SUMMARY

MY BUSINESS PARTNER PLT (MBP) is looking to raise RM283,000 to finance expansion of its operations. MBP is offering investors an expected returns of 13% within 12 months.

BUSINESS OVERVIEW

MBP’s business philosophy revolves towards achieving tangible outcomes for their clients. Their business focus is in helping clients fortifying their fundamentals and thrive from inherent strengths.

The Covid-19 crisis has caused for many online businesses mushrooming under the efforts of the younger generation. MBP’s philosophy and business focus is directly aligned to the need of this market segment.

THE PROJECT

MBP has an urgent need to expand its operations to capture a fast growing and sustainable market segment.

MISSION

MBP’s mission is to be the business partner to guide their clients navigate through the complex corporate maze and achieve tangible outcome and sustainable growth.

KEY DIFFERENTIATION

  • Knowledgeable and experience team
  • Personalized relationship with clients
  • Sustainable pricing program


Utlilization of Proceeds - Fundings Summary

S.No Item Terms & Conditions
1 Product Name Mudharabah Financing-i (“Facility”)
2 Purpose of the Investment Total Project Funding Amount shall be utilized by the Issuer in the following purpose and manner according to shariah principle employed in relation to the Project:
(i)Financing for expansion of operations
(ii)Service Fee (Wakalah Fee)
3 Project Business Expansion
4 Investor’s Capital The financing size is RM 283,000.00
5 Issuer (Mudharib) My Business Partner PLT
6 Sector / Industry Services
7 Risk Grade 2.32
8 Expected Returns 13.00% p.a.
9 Mudharabah Profit Sharing 27.00%
10 Investment Tenure 12 months
11 Documentation 1. Mudharabah Agreement
2. Mudharabah Wakalah Letter
3. Investor Agreement
4. Issuer Agreement
12 Trustee Pacific Trustees Berhad

A mudharabah muqayyadah (restricted investment profit-and-loss sharing basis) contract will be signed between investor(s) and Thirst Company Investor(s) are not lending money or buying equity.