Short Story

SRE Ventures is looking to obtain capital for expanding their business in Interior Design Ideas and Office Decorating (Design Work)

Interior Design Ideas & Office Decorating Project(Design Work)

  • RM5000

    Funding Goal
  • RM5000

    Funds Raised
  • 0

    Days to go
  • Target Date

    Campaign End Method
Raised Percent :
100.00%
The campaign is successful.
Kuala Lumpur, Malaysia

Campaign Story

SUMMARY 

 SRE Ventures is looking to obtain capital to fund one of their Interior Design Ideas and Office Decorating project(Design Work).

 

BUSINESS OVERVIEW

SRE Ventures is an exciting design company specializing in decoration and interior design. From large-scale projects to smaller budget-minded renovations SRE is dynamic in its designs style ranging from traditional, contemporary or country to materialize any clients’ dreams. Serving Klang Valley area in home/office remodeling and new construction, SRE Ventures is the one-stop hub for your functional, practical and beautiful decorating and interior design remodeling needs.

 

THE PROJECT

SRE Ventures’ current undertaking is a small project refurbishing an office in Bangsar, Kuala Lumpur. The objective of the project is to bring functionality to an existing delicate workspace. The scope of the project includes designing, planning & sampling.

 

MISSION

SRE Ventures is an interior design service for discerning, quality-conscious clients that seek assistance in their design choices for their primary residences, vacation homes, and businesses.  Our guiding principles ensure that we convey a passion for the client and consistently deliver the greatest possible service experience; apply the highest standards of design excellence, and continually strive to enhance our contributions to the community.This experience offers personal attention through the design process and also provides design resources and products to its clients through special purchases of furniture, fabric, and accessories.

 

RISK MITIGATION 

  • Personal Guarantee by Director
  • The funding amount is a small portion of the total project amount.

 

UTILIZATION OF PROCEEDS – FUNDING SUMMARY

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 Interior Design and Renovation

(ii) Service Fee (Wakalah Fee)

3. Project Interior Design Ideas & Office Decorating(Design Work)
4. Investor’s Capital The target financing size is RM 5,000.00
5. Issuer (Mudharib) SRE Ventures
6. Sector / Industry Interior Design
7. Risk Grade 2.79
8. Returns 14.00%
9. Investment Tenure 6 months
10. Documentation 1. Mudharabah Agreement

2. Mudharabah Wakalah Letter

3. Investor Agreement

11. Trustee Pacific Trustees Berhad

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

 

FINANCIAL SUMMARY

 

INCOME STATEMENT (RM) (‘000)

 

 

2018

 

 

2017

 

Sales revenue 273 145
Operating cost 117 103
Administrative cost 55 52
Net profit / (loss) after tax 79 -11
 

BALANCE SHEET (RM) (‘000)

 

 

As at 31 Dec, ‘18

 

 

As at 31 Dec, ‘17

 

Current assets 84 20
Fixed assets 32 14
Total assets 115 33
Accounts payables 24 21
Retained earnings 56 -23
Capital 35 35
 

Total equity & liabilities

 

115 33

Note: the financial summary is based on information provided by the Issuer

 

CONTACT INFORMATION

Name             : Ahmad Shahreazal

Designation   : CEO / Director

Address         : 12 USJ3/3F, UEP Subang Jaya,

                         47600 Selangor Malaysia

Email              : [email protected]

Phone            : +6017 – 808 1488