Satellite Broadband Investment Opportunity in Miri, Malaysia
Connectivity providers via satellite and eSIM technology based in Sarawak seek investment to kickstart operations.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 45 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Satellite Broadband |
| Locations | Miri |
| Local Time | 1:48 AM Asia / Kuching |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
43 thousand
for
51.0%
stake
(Native Currency: MYR 180,000)
Reason: Investment amount will be utilized to bring in satellite antennas, subscribe satellite network, eSIM...
View More
Includes physical assets worth
USD
52 thousand
Interested to connect with advisors
Documents
Government Proposal
(5.3 MB)
Company Profile
(8.7 MB)
Satellite Brochure
(37.6 KB)
Incorporation Certificate
(172.5 KB)
Business Overview
- We are a new company focusing on an untapped market.
- Smartphones, smart homes, machines, and cars (billions of devices) are already interconnected on the internet of things (IoT). However, not all have access to the connectivity and very much depend on telecom companies.
- Our solution is providing affordable connectivity via satellite and eSIM technology, offering greater convenience and choice as to how devices connect to the network, improving rural economy and communication, enable IoT devices to be constantly connected and to be managed remotely.
- We have spent over 5 years in the R&D of satellite antennas and networks and our target market for this will be government, marine, petrochemical and rural communities.
- Revenue model is based on subscription and our products are commercially tested and been sold few units in SEA region.
- Manufacturers of satellite hardware are based in China and we install the product ourselves locally.
- We are holding exclusivity for the Malaysia region on satellite services and master reseller for eSIM in Malaysia.
- Having SLA and purchase order with high volume.
- We are in progress developing the mobile app and are expected to publish it within the next two months.
- The promoter has more than 6 years of experience in this sector and solely owns the company.
- We do not have any bank loans or outstanding debt.
- Smartphones, smart homes, machines, and cars (billions of devices) are already interconnected on the internet of things (IoT). However, not all have access to the connectivity and very much depend on telecom companies.
- Our solution is providing affordable connectivity via satellite and eSIM technology, offering greater convenience and choice as to how devices connect to the network, improving rural economy and communication, enable IoT devices to be constantly connected and to be managed remotely.
- We have spent over 5 years in the R&D of satellite antennas and networks and our target market for this will be government, marine, petrochemical and rural communities.
- Revenue model is based on subscription and our products are commercially tested and been sold few units in SEA region.
- Manufacturers of satellite hardware are based in China and we install the product ourselves locally.
- We are holding exclusivity for the Malaysia region on satellite services and master reseller for eSIM in Malaysia.
- Having SLA and purchase order with high volume.
- We are in progress developing the mobile app and are expected to publish it within the next two months.
- The promoter has more than 6 years of experience in this sector and solely owns the company.
- We do not have any bank loans or outstanding debt.
Products & Services Overview
We provide connectivity solutions via satellite antennas, satellite network, eSIM mobile app and eSIM web.
Assets Overview
Physical assets include computers, office equipment, furniture and vehicle. Other asset is the software owned by us.
Facilities Overview
Operate from a rented office in Sarawak with a built up area of over 2,000 square feet and equipped with all necessary tools.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysChief Operating Officer, IT, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hospitality, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Agro Commodities, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
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