What the business is about?
De Dyno Sdn Bhd is involved in the leasing, developing and renting commercial properties. The main source of income for the company is rental income from its properties.
This is De Dyno Sdn Bhd's 17th P2P financing round with Alixco.
This investment note is secured by two personal guarantees, as required by Alixco.
Use of Funds
Working capital, business financing and business expansion. The money will be used for working capital, business financing and business expansion. De Dyno Sdn Bhd intends to grow its portfolio of real estate rental properties and the number of tenants. This is expected to lead to the generation additional steams of rental income for the company, thus increasing cash flow, revenue and profitability. A further expansion of De Dyno Sdn Bhd's client and rental property base is expected to diversify the company's rental income and to lower its dependence on its current rental client base.
Business Overview
De Dyno Sdn Bhd is involved in leasing, developing and renting commercial property business. The main source of income for the company is rental income from its properties.
Currently De Dyno Sdn Bhd's client is ECO, located at Klang Valley. De Dyno Sdn Bhd is currently in the process of establishing further rental agreements and expanding its rental client base as well as real estate portfolio. De Dyno Sdn Bhd is keen on putting an emphasis on putting an emphasis on renting out space to corporate clients, in particular businesses selling consumer products, FMCGs and providing consumer services such as car wash buildings.
Funding amount
RM 500,000.00 for 6 months.
14.50% interest (nominal, p.a.)
Business type
Real Estate
Location
No. 9A, Jalan Temenggung 1, Taman Sentosa Perdana 2, 41200, Llang,Selangor
Number of outlets
N/A
Number of directors
Two
Personal guarantees
Two
Year of incorporation
2016
Number of employees
10
Important risk info:
The risk score of CAA2 (‘High risk’) was determined by a blend of our internal risk-based pricing algorithm, an external risk score from a leading credit rating agency and a variety of qualitative factors. It is an approximation only and does not guarantee any specific outcome. Our risk score ranges from A(‘lower risk’), B(‘medium risk’), C(‘medium-high risk’) to D(‘high risk’).
Risk score of CAA2 (‘High risk’) indicates that this investment amount has an elevated-high level of risk. De Dyno Sdn. Bhd’s business is marked by thin margins and low revenues. In 2020, De Dyno Sdn. Bhd had a revenue of approximately RM 180,000 (unaudited).
Important Disclaimer:
De Dyno's largest shareholder has previously raised P2P and ECF campaigns with another entity called SWC Enterprise Sdn Bhd. SWC Enterprise Sdn Bhd has previously raised money (approximately RM 3.6 million) to scale up business operations via 2 ECF crowdfunding rounsd with FBM Crowdtech Sdn Bhd (of which Alixco is also a part) on FundedByMe and Alixco.
Realted company P2P campaigns with the same majority owner:
SWC Enterprise has previously raised funds with Alixco, all of which have been repaid. Cheap2Shop Sdn Bhd has previously raised funds with Alixco (Total: 39 Active: 6 Finished: 33 with an outstanding amount of approx. RM 2.5 million . SWC Properties Sdn Bhd has previously raised funds with Alixco (Total: 26 Active: 7 Finished: 19 ) with an outstanding amount of approx. RM 2.0 million.
This is De Dyno Enterprise Sdn Bhd's 17th P2P financing round on Alixco P2P. De Dyno Enterprise Sdn Bhd has previously raised funds with Alixco (Total: 16 Active: 2 Finished: 14 with an outstanding amount of approx. RM 1,000,000.
Investor Fees:
Alixco charges 1% for investors on repayments (for 6 months campaigns) only if and when repayments occur.