Agriculture Support Company Investment Opportunity in Cyberjaya, Malaysia

- Developer of systems for smart precision farming technology and IoT devices.

- Company was incorporated over two decades ago and was into the telecommunication products industry. Now the business is completely changed to IoT based farming industry.

- The company used to generate about MYR 20 million in revenue in the telecom sector. In total company has generated more than MYR 80 million in revenue.

- Have own patented ultra-low power IC design tech, IPs for soil moisture sensors, systems for water, fertilizers, and pesticides.

- Current customers are in integrated farming for Musang King Durian and cash crops.

- Profile is created by the sole owner and founder.

- Business has no liability.

- Some of the parts are manufactured in-house and some are done via contract manufacturing.

- Have a fully developed product for smart precision farming and this year we started selling.

- Sold MYR 680,000 worth of products so far and negotiated another 700K for this year.

- We primarily sell to farming companies.

- Next year, we will reach MYR 3 million in annual sales.

- The company had a US investor who exited last year as an effect of the pandemic. It was a successful 20-year partnership with excellent ROI.

Scalable multichannel precision controller.

Soil moisture sensor.

Fertigation systems.

IoT.

Lab equipment, state-of-the-art machines such as analysers, testers and some training set-up.

Leased 4,600 sq ft office space with electronic labs and training centre.

The business has been funded from the profit. Several projects have high margins to fund long-term development. Adding systems business has contributed to new additional revenue.