Software Company Investment Opportunities in Selangor

- 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.

- Company specialises in 3 main verticals such as physical surveillance security, telemetric vehicle tracking, and security cards. - We have partnered with multiple manufacturers to purchase different devices as per our requirements and integrate our system to improve the product. - We sell the products to companies and businesses in different sectors such as finance, airlines, seaports, education, manufacturing, logistics, telco, health, hotels & resorts, and construction sites. - We have more than 100 active clients at the moment. - Some of our key clients include Maxis Telecommunication, AIA Insurance, Monash University - Malaysia & Indonesia, Etika - Pepsi Beverages, PPG (ICI Paints), Emery Oleochemicals, Sumitomo Electric Wintec, Peru Embassy, and GEMS International School. - Selling the products through distributors and sales team. - We have a footprint in Indonesia, Malaysia, and Cambodia. - Business has 2 shareholders from the same family. - We have an OD facility and one loan of MYR 250K but it is almost paid.