Digit World Teleshop

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Digit World Teleshop

Digit World Teleshop Sdn Bhd CoverMe is a mobile phone accessories and electronics retailer. Investment Note: three personal guarantees.
Go Live Date:
27/09/2024
Industry:
Retail/Trade
Finance Size:
RM 80000
Tenure:
6 Months
Risk-Score
CA
Rate
15.48 % per annum
Investor Fees
1 %
Investors
52
Raised
RM 80,000

100%

What the business is about?

"Welcome to Digit World Teleshop Sdn Bhd CoverME, your premier destination for all things tech and style. Founded in 2022, CoverMe has been dedicated to providing customers with the latest and most innovative gadgets, accessories, and electronics.

CoverME shop

At CoverMe, we believe that technology should not only be functional but also stylish and accessible to all. With this vision in mind, we curate a diverse selection of products ranging from smartphones and wearables to smart home devices and gaming accessories.

Our mission is to empower our customers to stay connected, express their individuality, and enhance their lifestyles through technology. Whether you're looking to upgrade your smartphone, accessorize your gadgets, or transform your home into a smart oasis, CoverME has you covered." 

 

This is Digit World Teleshop Sdn Bhd's 1st investment note with Alixco.

This investment note is secured by 3 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

Welcome to CoverME! With four convenient locations across Malaysia, we're here to serve you better. Explore our outlets below:

1. Sri Petaling Outlet:
   Address: No. 135-G, Jalan Radin Bagus, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
  Contact: +60 17-532 1338
   Hours: 10 a.m - 10 p.m

 

Description: Our Sri Petaling outlet is your go-to destination for the latest gadgets and accessories. Conveniently located at 135, Jalan Radin Bagus, Bandar Baru Sri Petaling, our friendly staff is here to assist you with all your tech needs.

2. Nu Sentral Outlet:
   Address: L2.17, NU SENTRAL, 201, Jalan Tun Sambanthan, Brickfields, 50470 Kuala Lumpur
   Contact: +012-406 2338
   Hours: 10 a.m - 10 p.m

 

Situated in the heart of Kuala Lumpur, our Nu Sentral outlet offers a wide range of tech products and services. Drop by [insert location details] and discover the latest innovations in technology.

3. Kota Damansara Outlet:
   Address: 22-1, (Ground Floor), jalan PJU 5/10, Dataran Sunway Kota Damansara, 47810 PJ.
   Contact: +60 17-796 2338
   Hours: 10 a.m - 10 p.m

 

Experience tech shopping like never before at our Kota Damansara outlet. Located 15-1, (Ground Floor), Jalan PJU 5/10, Dataran Sunway Kota Damansara, we pride ourselves on providing top-notch customer service and quality products.

4. Subang Outlet:
   Address: 45, Jalan SS 15/8a, Ss 15, 47500 Subang Jaya, Selangor, Malaysia
   Contact: +60 17-617 2338
   Hours: 10 a.m - 10 p.m

Visit our Subang outlet for a premium shopping experience. From smartphones to smart home devices, we have everything you need to stay connected and stylish. Find us at No. 45, Jalan SS 15/8a, Ss 15, 47500 Subang Jaya, and elevate your tech game today!

 

 

Funding amount
RM 80,000.00 for 6 months.
15.48 % interest (nominal, p.a.)
Business type
Sale of electronics, Sdn Bhd 
Location
32A-1, Jalan TPS 1/7, Taman Pelangi Semenyih, 43500 Semenyih Selangor
Number of outlets
1
Number of directors
2
Personal guarantees
3
Year of incorporation
2016
Number of employees
16


Important Risk Information: 

The risk score of CA (‘Medium 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 CA (‘High risk’)  indicates that this investment amount has a high level of risk.  

This is Digit World Teleshop Sdn Bhd's 1st investment note with Alixco P2P. 

In 2022, Digit World Teleshop Sdn Bhd had a revenue of RM 2,942,032.00 and a profit before tax of RM 28,524.00.  

 

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