Vehicle Rental Business Investment Opportunities in Kuala Lumpur

- Peer-to-peer (P2P) car-sharing marketplace established to facilitate travelers in renting vehicles directly from local car owners. Given that the typical car remains unused for approximately 95% of its time, this company aspires to emulate the Airbnb model for cars. This enables customers to access the cars of fellow individuals for rentals spanning from hourly, single-day to multi-day durations, offering a convenient alternative to traditional ride-hailing services for longer trips. Additionally, this platform empowers car owners to generate passive income by enhancing the utilization of their vehicles. - The company has a vision of a world in which communities are more connected, mobility is enhanced, and travel is made more convenient. Our goal is to assist our guests in reaching destinations that may not be accessible by trains and to bridge the gaps in their journeys by allowing them to explore using any available car. Additionally, we aspire to empower hosts to generate additional income to support their vehicles and livelihoods, all while contributing to the improvement of mobility in Asia. - Our yearly sales are projected to be MYR 24 million and our EBITDA margins are projected to be 40%. - We intend to launch our app in a couple of months, waiting for territory approval in Malaysia.

- Company is involved in providing car rental services. - We provide limousine services to five-star hotels. - Currently, we are in five years of contracts with 4 five-star hotels. - Apart from this we provide our cars on lease to government and hotels on a contract basis. - We also provide VIP escort services. - Our major clients are government officials, VIPs, private companies and some hotels. - We have a 15+ client base. - We are vendors of a top logistic firm as well. - Due to the pandemic our sales dropped drastically and we are trying to pull up as the business market started to open again. - We have not included our 5 luxury cars in physical assets as they are currently on lease.