Pinang Medical Retail

PINANG MEDICAL SUPPLIES SDN BHD (PMS) was established in 1980, primarily serving local clinics, pharmacies, and hospitals by supplying premium medical and healthcare devices. Over 43 years of continuous effort and dedication, we have expanded our wholesale business to major cities in Malaysia and Singapore with the presence of sales offices in several locations across both countries.
 
PMS distributes a wide range of world-renowned medical and healthcare devices imported from many countries across the globe, including countries in Europe, Taiwan, China, and the USA. Our strength is built from our many years of experience in the market and supported by a strong and knowledgeable team in providing excellent customer services. 
 
PMS also operates HomeCare Shop, our exclusive retail arm which is also the largest HomeCare Chain Store in Malaysia, in major cities across the country. HomeCare Shop is committed to providing people of all ages from children to the elderly with quality yet affordable products designed to promote good health, ensure safety, and encourage independence. A plethora of products, including mobility products, durable medical equipment, pain management gadgets, aids for daily living, wellness equipment, incontinence products, and elderly care products, are made available for consumers from all walks of life. We strive to enhance the quality of life by supplying premium products, sharing knowledge, and providing exceptional services.
 
We have also tapped into e-commerce by setting up our own e-commerce website and also on marketplaces such as Shopee to provide higher accessibility and a more enjoyable shopping experience, especially during the post-pandemic era where consumer behavior has drastically changed from offline to online.  

Important Info: PMS Penang Medical Supplies is the parent company of Pinang Medical Retail Sdn Bhd. This investment Note is for Pinang Medical Retail Sdn Bhd., which operater PMS' HomeCare Shop. 
 

This is Pinang Medical Retail Sdn Bhd's 1st  investment note with Alixco.

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

"For funding of expansion and purchases of inventories. We have good potential growth with our unique business model and growing awareness in personal healthcare and aging population."

Business

Funding amount
RM 150,000.00 for 6 months.
15.12 % interest (nominal, p.a.)
Business type
RETAILING UNDER " HOMECARE SHOP", HEALTHCARE AND WELLNES PRODUCTS, SDN BHD 
Location
3-2-3, LORONG DELIMA 20 11700 GELUGOR PULAU PINANG
Number of outlets
19
Number of directors
2
Personal guarantees
2
Year of incorporation
2011
Number of employees
30

Important Risk Information: 

Risk score of CA (‘High risk’)  indicates that this investment amount has a high level of risk.  The risk score of CA (‘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 2023, Pinang Medical had a revenue of RM 3,788,401.00 and an after tax loss of -143,269.00. 

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