Honsenz Holding Group

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Honsenz Holding Group

Honsenz Holding Group Sdn Bhd is a premium kitchen manufacturer. Investment Note: two personal guarantees
Go Live Date:
26/06/2024
Industry:
Manufacturing
Finance Size:
RM 350000
Tenure:
6 Months
Risk-Score
CAA1
Rate
13.92 % per annum
Investor Fees
1 %
Investors
76
Raised
RM 350,000

100%

What the business is about?

Honsenz Holding Group Sdn Bhd has been operating in the furniture industry for over 20 years. "Our experience is equipped uniquely to provide innovative solutions. Honsenz Kitchen is the largest furniture manufacturer of aluminum, glass, and carpentry work in Seremban, Negeri Sembilan.

Up to now, we have been cooperating with more than 100 interior design firms and earned our reputation with the combination of quality, value, trust and reliability.

We have been recognized by several awards and certificates, including Malaysia Book of Records, WCPCC, IAQ, China Press, etc., proving that Honsenz is a premium quality assurance company by providing the best service to all our valued customers."

 

This is Honsenz Holding Group Sdn Bhd's 1st investment note with Alixco.

This investment note is secured by 2 personal guarantees, as required by ALIXCO P2P Financing.

 

For what will you use the funds?

The funds will be used for working capital. 

Business Overview

Business

Funding amount
RM 350,000.00 for 6 months.
13.92 % interest (nominal, p.a.)
Business type
LIMITED BY SHARES
PRIVATE LIMITED
Location
NO. 27 & 29 JALAN LOMBONG EMAS 13 TAMAN INDUSTRI RINGAN, JALAN TUN DR ISMAIL 70200
SEREMBAN NEGERI SEMBILAN
Number of outlets
1
Number of directors
1
Personal guarantees
2
Year of incorporation
2018 
Number of employees
40


Important Risk Information: 


Risk score of CAA1  (‘High risk’)  indicates that this investment amount has an moderate level of risk.  The risk score of CAA1 ‘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’).

In 2024, Honsenz Holding Group Sdn Bhd has a revenue of RM 6,645,166.00 and a profit after tax of RM 367,263.00. 


Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.