Commercial Nurseries Company Seeking Loan in Miri, Malaysia
Kenaf plantation in Miri supplying seeds to government with growing local market demand, seeks funding.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1 - 2 thousand |
| Run Rate Sales | USD 230 thousand |
| EBITDA Margin | 10 % |
| Industries | Animal Feed + 1 more |
| Locations | Miri |
| Local Time | 3:02 AM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
290 thousand
for
7.0%
annual interest,
4
years
(Native Currency: MYR 1,200,000)
Reason: For operating costs to support expansion into supplying local breeders.
Collateral Available: USD 0
Includes physical assets worth
USD
1.45 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Project Overview
(22.2 MB)
Land Title
(1.3 MB)
Kenaf 2 Weeks
(146.6 KB)
Soil pH
(142.3 KB)
SSM Registration
(484.9 KB)
Business Overview
- Kenaf plantation located in Miri, supported by a government initiative.
- The business sells new kenaf seeds to the government at MYR 40 per kg, creating a steady revenue stream.
- The plantation covers 143 hectares of owned agricultural land, ensuring large-scale production capabilities.
- The supplied processed kenaf core is further manufactured into animal food pellets, and cater to local animal breeders who are ready buyers for the product.
- Future plans include processing kenaf stems into activated carbon, targeting overseas clients for export opportunities.
- The plantation has a robust harvesting cycle, collecting seeds and kenaf stems up to 9 times a year, enhancing productivity.
- There has been a significant growth in sales this year as compared to last year because the project just took off last year, and we were doing it on a very small scale, and now we are doing multiple bulk supplies to the government. We are also planning on expanding to start supplying to local breeders directly and exporting.
- The business has SSM registration.
- The business sells new kenaf seeds to the government at MYR 40 per kg, creating a steady revenue stream.
- The plantation covers 143 hectares of owned agricultural land, ensuring large-scale production capabilities.
- The supplied processed kenaf core is further manufactured into animal food pellets, and cater to local animal breeders who are ready buyers for the product.
- Future plans include processing kenaf stems into activated carbon, targeting overseas clients for export opportunities.
- The plantation has a robust harvesting cycle, collecting seeds and kenaf stems up to 9 times a year, enhancing productivity.
- There has been a significant growth in sales this year as compared to last year because the project just took off last year, and we were doing it on a very small scale, and now we are doing multiple bulk supplies to the government. We are also planning on expanding to start supplying to local breeders directly and exporting.
- The business has SSM registration.
Products & Services Overview
- New kenaf seeds sold to the government for processing the kenaf core into animal feed pellets for local animal breeders, who are consistent buyers.- Local breeders use the processed core as an affordable, nutrient-rich animal feed.
Assets Overview
Physical assets include owned agricultural land with mix-zone status, a 4x4 pickup truck, computers, office furniture, and timbers.These assets are essential for business operations and cannot be liquidated.
Intangible assets include established connections with a local animal breeder and distribution partners.
Facilities Overview
The business owns 143 hectares of agricultural land in Miri and rents a 2,500 sq ft office on the second floor of Saberkas Commercial Centre, Miri.
Capitalization Overview
The business has received a government grant and carries no debts or outstanding loans.Owned by 3 shareholders with equity stakes of 30%, 35%, and 35%.
Tags:
Commercial Nurseries Company Seeking Loan in Miri, Malaysia
·Lend to Commercial Nurseries Company in Miri, Malaysia
·Animal Feed Company Seeking Loan in Miri, Malaysia
·Lend to Animal Feed Company in Miri, Malaysia
·Commercial Nurseries Company Seeking Loan
·Lend to Commercial Nurseries Company
·Animal Feed Company Seeking Loan
·Lend to Animal Feed Company
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