Agriculture Support Company Investment Opportunity in Cyberjaya, Malaysia
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Run Rate Sales||USD 140 thousand|
|EBITDA Margin||5 %|
|Industries||Agriculture Support + 1 more|
|Local Time||2:06 PM Asia / Kuala Lumpur|
|Listed By||Business Owner / Director|
- 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.
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.
Earlier than 15 daysFounder, Investment, Bangkok, Corporate Investor / Buyer connected with the Business