Overview
This Disclosure Statement has been prepared by P2P Nusa Kapital Sdn. Bhd. (“NK/Company/Us/We/Our/ P2P Platform Operator”). We are registered and regulated by the Securities Commission Malaysia (“SC”) for the operation of Peer-to-Peer platform (“P2P Platform”). This Disclosure Statement must be read together with our Terms and Conditions of use and any other documents referred to therein as it explains your rights and obligations in using or assessing the Platform. You are strongly advised to read through the Issuer Disclosure Statement and by using or accessing our Service it will be deemed as acceptance of this Issuer Disclosure Statement. This disclosure statement is dated 3 October 2017.Warning Statement
- Peer-to-Peer financing carries high
- Issuers using this platform to raise funds are start-up or small or medium sized companies. Hence investment in these types of businesses is very speculative and carries a high risk.
- You should be prepared to bear all the risk of losing your entire Any loss resulting from the trading or investment through this P2P Financing Platform is not covered by the Capital Market Compensation Fund (CMCF).
- You should diversify your investment to lower down the overall risk.
- You should do your own research and evaluate, or seek independent advice to assess the merits and risk of the investment before committing an investment.
- You should read all information and documents carefully and do your own research before committing yourself.
- Neither the offering being made on the Website nor the registration of the Website with the Securities Commission Malaysia, is to be taken as an indication of the merits of the offering.
Services
P2P Nusa Kapital is offering a P2P financing Platform where Issuers may raise funds on the Website. The terms on which our Company provides its financing services are set out in the following documents, which are available on the Website as follows:- Terms and Conditions
- Privacy Policy
- Risk Statement
- Investor Agreement
- Disclosure Statement
- Issuer Agreement
Eligibility criteria for Investors
Investors must:- Be 18 years of age or older at the time of registering as an investor (if the person is an individual).
- Declare whether they are subject to any investment (Retail investor – investment limit RM50,000 at any time)
- You must be an individual, LLP, limited company, public body or other legal entity;
- if you are investing in your capacity as an individual, you must have a permanent address in Malaysia;
- if you are a limited company, you must be incorporated under the laws of Malaysia under the Companies Act 1965 and having the permanent place of business in Malaysia;
- if you are a LLP, you must have a permanent place of business in Malaysia;
- if you are a public body, you must be registered or formed with the relevant authority in Malaysia;
- Provide a MBAN number if the investor is an Angel Investor.
- Acknowledge that they read and accept the Warning Statement, Disclosure statement, Terms and Condition, and Privacy Policy.
How do Potential Issuers apply for access to P2P Nusa Kapital’s Service?
Only locally registered sole proprietorships, partnerships, incorporated limited liability partnerships, private limited and unlisted public companies can be an issuer. Based on the Guidelines on Recognized Markets, the following entities are prohibited from raising funds through a P2P platform:- Commercially or financially complex structures (i.e. investment fund companies or financial institutions);
- Companies with no specific business plan or its business plan is to merge or acquire an unidentified entity (i.e. blind pool);
- Companies that propose to use the funds raised to provide loans or make investment in other entities; and
- Any other type of entity that is specified by the SC.
Screening and assessment Process
FIRST LEVEL OF SCREENING – Minimum requirements To be eligible for a funding via P2P Nusa Kapital, the issuer must at least meet any of the following requirements:- Be in operations for at least one year;
- Have annual sales of at least RM300,000;
- Demonstrate that operating cash flow in the past 12 months was positive; and
- Have a purchase order in which to base funding size on.
- Low risk profile : Total score of 1-1.5
- Medium risk profile : Total score of 1.5-2.5
- High risk profile : Total score of 2.5-3.5
Fees and Charges
| Investor | Fee Type | Rate | Description |
| Platform Management Fees | 10% of Return | Fees charged based on invested funds that are managed within the platform throughout the financing duration. To be charged upon collection of payout. | |
| Withdrawal Processing Fees | RM0.11 – RM1.00 | Charges if applicable based on any charges by the bank (such as IBG, FPX). Will be charged upon successful withdrawal from Trust. |
| Issuer | Fee Type | Rates** | Description | |
| Processing Fee | RM50.00 | A one-time fee charged upon submission of documents. | ||
| Hosting Fee | RM250.00 | Fee charged upon hosting of the campaign on the Platform. | ||
| Maintenance Fee | Up to 1% per Annum | Fees charged annually at the end of each anniversary of the tenure of the investment until the repayment of the Investors’ Funds is fully repaid. | ||
| Service Fee (Wakalah Fee) | 3% to 5% | Fees charged by the Platform to issuers upon successful funds raised. Fee will be based upon the following Risk Grading: | ||
| Risk Score | Fee (% Fund Raised) | |||
| 1 | 3% | |||
| 1.1 – 2.0 | 4% | |||
| 2.1 and above | 5% | |||
| Rate is determined by total funds raised. Amount calculated from the rate will be deducted from the investment disbursed. | ||||
| Stamp Duty | 0.5% Flat Rate | Duty payable under the law. Fees charged by the Platform to issuers upon successful funds raised. Amount is determined by the amount of funds raised. For example: if campaign hosted is RM100,000 but total investment achieved is RM 85,000. The duty payable would be RM85,000 x 0.5% = RM425. | ||
| Bank Charges (Other) | RM0.11 – RM1.00 | Charges if applicable based on any charges by the bank (such as IBG, FPX). Will be charged upon successful withdrawal from Trust. | ||