Kok Wah Food
What the business is about?
Established in 2010, Kok Wah Food Sdn. Bhd. is a trusted seafood importer and distributor headquartered in Selangor, Malaysia. The company specializes in Halal-certified frozen seafood and has built a robust supply chain across both East and West Malaysia. Its flagship product, Vannamei shrimp meat, is cultivated in 70 seawater ponds in Sarawak and processed using advanced aquaculture techniques.
Kok Wah Food boasts certifications including HACCP, HALAL, GMP, and MyGAP, underscoring its commitment to food safety and quality. In 2023, the company expanded into one-stop import agency services, leveraging its AP and LKIM permits to streamline logistics, customs, and warehousing for B2B clients.
Key Financial Highlights – Kok Wah Food Sdn. Bhd.
Financial Year: FY2023 (audited)
Revenue (RM): 8,500,000
Profit (RM): 157,899
Financial Year: FY2024
Revenue (RM): 12,734,832 (unaudited)
Profit (RM): 206,719
Despite relatively tight net margins, the company has been consistently profitable over the past three years and maintains solid asset growth with no special attention accounts or default records.
Kok Wah Food presents a compelling opportunity for investors seeking stable returns in Malaysia’s resilient food supply sector, now accessible through the Alixco P2P platform for Business Financing
For what will you use the funds?
The P2P loan will enable Kok Wah Food to strengthen inventory financing and working capital for import operations, meeting growing demand from wholesalers and the F&B sector. With a stable supply chain, proven export standards, and a growing domestic footprint.
Business Overview
Funding amount
RM 350,000.00 for 6 months.
12.8% % interest (nominal, p.a.)
Business type
Seafood importer and distributor headquartered in Selangor, Malaysia.
Location
headquartered in Selangor, Malaysia.
Number of outlets
one
Number of directors
1
Personal guarantees
2
Year of incorporation
2010
Number of employees
17
Important Risk Information:
Risk score of B2 (‘medium risk’) indicates that this investment amount has an moderate level of risk. The risk score of B2 (‘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’).
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.