Electric Construction Company Seeking Loan in Johor Bahru, Malaysia
Well-established, licensed, and accredited electrical works contractor for marine and oil & gas sector.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.9 million |
| Run Rate Sales | USD 1.14 million |
| EBITDA Margin | 10 % |
| Industries | Electric Construction |
| Locations | Johor Bahru |
| Local Time | 3:54 PM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.42 million
for
10.0%
annual interest,
3
years
(Native Currency: MYR 6,000,000)
Reason: We need this funding as working capital and to finance more projects in the future. We will repay mo...
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Collateral Available: USD 0
Includes physical assets worth
USD
112 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Domain-Verification.pdf
(213.7 KB)
Business Overview
- Electrical works contractor for marine and oil & gas sector in Malaysia.
- With a staff of 250 employees, the company has the capacity to handle one project at a time, ensuring dedicated attention and resources to each undertaking.
- Revenue is generated through fixed monthly payments and progress-based payments for ongoing projects, with the current project having completed 35% and generated MYR 1.2 million in revenue, with an expected total revenue of more than MYR 9 million by the end of the year.
- While the business primarily focuses on fabrication and installation services for the marine and oil & gas sector, there is potential for diversification and expansion into other sectors or complementary services.
- With a strong track record in the industry, the company is well-positioned to capitalize on the growing demand for electrical works in the marine and oil & gas sectors in Malaysia.
- The company holds several important licenses and registrations, including CIDB, G7, and Petronas licenses, as well as registration with the SSM and Ministry of Finance.
- With a staff of 250 employees, the company has the capacity to handle one project at a time, ensuring dedicated attention and resources to each undertaking.
- Revenue is generated through fixed monthly payments and progress-based payments for ongoing projects, with the current project having completed 35% and generated MYR 1.2 million in revenue, with an expected total revenue of more than MYR 9 million by the end of the year.
- While the business primarily focuses on fabrication and installation services for the marine and oil & gas sector, there is potential for diversification and expansion into other sectors or complementary services.
- With a strong track record in the industry, the company is well-positioned to capitalize on the growing demand for electrical works in the marine and oil & gas sectors in Malaysia.
- The company holds several important licenses and registrations, including CIDB, G7, and Petronas licenses, as well as registration with the SSM and Ministry of Finance.
Products & Services Overview
We provide fabrication, and installation services for all types of electrical works required by companies in the marine, oil & gas sectors.This is our only top selling service.
Assets Overview
Tangible assets include:- 4 pickups worth MYR 200k.
- 2 lorries worth MYR 150k.
- 1 forklift worth MYR 20k.
- 2 cars worth MYR 100k.
Facilities Overview
We operate from a promoter owned office of 160 sq. m. in the eastern part of Johur Bahru.All the fabrication work is done in the space provided by a client for a project.
Capitalization Overview
- The company has an outstanding loan and the outstanding amount for this is MYR 500,000.- Company has two shareholders in an 80:20 shareholding split.
Recent Activity
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Earlier than 15 daysDirector, Singapore, Business Broker connected with the Business
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Earlier than 15 daysSenior Investment Banking Executive, Investment Banking, Atlanta, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysChief Operating Officer, IT, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
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