SUMMARY
Fu Xiang Yuan Enterprise (M) Sdn Bhd (FXY) is seeking to obtain capital for immediate inventory expansion to accommodate the sudden sales increase for household goods.
BUSINESS OVERVIEW
FXY is a trading company with vast experience importing and exporting household goods. Their extensive knowledge in this area allows them to advantageously position their inventory to take full advantage and capitalize on seasonal fluctuations of both demand and supply.
THE PROJECT
As the Covid-19 crisis began to unwind, FXY is poised to position its inventory to meet the increase in demand of the steadily opening economy. FXY is seeking immediate funds for inventory expansion to accommodate this oppotunity.
KEY DIFFERENTIATION
- Intimate knowledge of demand and supply fluctuations
- Expansive international sourcing capabilities
- Efficient inventory system
- Warehousing and storage capabilities
- No credit sales
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) Inventory expansion to accommodate increased order (ii) Service fee (Wakalah fee) |
| 3 | Project | Managing Sales Increase |
| 4 | Investor’s Capital | The target financing size is RM 390,000.00 |
| 5 | Issuer (Mudharib) | Fu Xiang Yuan Enterprise Sdn Bhd |
| 6 | Sector / Industry | Trading |
| 7 | Risk Grade | 2.73 |
| 8 | Returns | 15.00% |
| 9 | Investment Tenure | 6 months |
| 10 | Documentation | 1. Mudharabah Agreement 2. Mudharabah Wakalah Letter 3. Investor Agreement 4. Issuer Agreement |
| 11 | 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.