| WC2500000602 | Working Capital | ||
| 3.0% Interest p.a. | Reinvest EIR | ||
| Amount: RM 20000.0 | 4.73% | ||
| Tenure: 8 Month(s) | Credit Source | ||
| Monthly Payment | Experian | ||
| P.D. >1.0%-1.5% RM 14900.0 left | Rating | ||
|
day(s) left 25.5% |
32 | ||
ABOUT ISSUER
The issuer is a Selangor-based company that commenced operations on 3 November 2023, and has already established itself as an authorized car dealer for Chery and GWM. This strategic partnership positions the company as a key player in the automotive sector, representing globally recognized brands that offer high-quality vehicles. As an authorized dealer, the company aims to be more than just a sales outlet; it aspires to be a trusted automotive partner for its customers. This is achieved by offering not only vehicles but a complete car-buying experience that goes beyond the typical dealership transaction.
◠GUARANTEED ELEMENT
The principal of this investment note is secured by the assignment of a new, unregistered Chery Omoda 5C, with a market value of RM108,400.00, providing strong asset backing for the investment. However, during the promotional period, the selling price is reduced to RM99,400.00.In addition, the hire purchase proceeds from the issuer have also been assigned to further strengthen the collateral.
◠PAST FINANCING HISTORY WITH QUICKASH
The issuer has successfully settled 39 investment notes within a short timeframe and currently has 13 ongoing investment notes.