Background of Business

Background of Business

BACKGROUND OF BUSINESS

•About Us

Our company incorporated in Malaysia, in year 2007. Based in Bandar Puteri, Puchong, Selangor. Our company's mission and vision is to provide knowledgeable Engineering services, innovative products and solutions.

And our philosophy to constantly seek better ways to serve our clients by helping them to meet their greater productivity, quality and flexible goals by providing controls systems and custom-tailored solutions that meet all their process and market requirement

•What do we do

Our company are specialize of electrical, process control, instrumentation, telemetry & SCADA System for process industry.
The company involved to supply, design, install and testing & commissioning of the complete electrical works, building services, fire protection, telephone system, cabling works and lightning protection system.
We provide complete engineering design circuitry diagram, drawings of electrical HT/LV Switchgear, Transformer, MCC , D/B, building services, fire protection, telephone system for Water Treatment Plant that are functional, ease to operate, durable and tailored to client's requirements.

How much have we invested into the business to-date

Up to date, we have invested more than RM 500K into business

No. of Outlets/Branches we have now (if any)

Currently, our office/branch at Bandar Puchong. No immediate plan to open another outlet at this juncture.

Our Annual Sales Turnover

2016 : RM 2.1mil
2017 : RM 2.5mil ( projection )
2017 : RM 2.8mil ( with working capital loan )
2018 : RM 3.3mil ( with working capital loan )

Number of Years in Business

The company has running more than 10 years.

Experience of our Key Management Team

Keyman graduated by Bachelor’s Degree in Engineering (Electrical and Electronic), who having 14 years’ experience in 1) Responsible for supervision of installation, Testing & Commissioning of Telemetry & SCADA, Instrumentation and Electrical equipment’s and Tender evaluation. 2) Plants process logic automation, SCADA & Telemetry system, networking solution and electrical works. 3) Project Implementation, (M&E works) manpower, planning and training. Company System Manager having
Involved more than 8 major projects:-
1) To design, supply, install, testing and commission of Electrical, SCADA and Instrumentation works for Kampung Paloh WTP project – LAP (Perak)
2) PLC panel at Bukit Badong Headworks and Bulk Transfer Works – Sungai Selangor Water Supply Scheme Phase 3 (SSP3)
3) Upgrading & Replacement of existing local control panel, system network & SCADA System for Yuen Long Sewage Treatment Plant at Hong Kong
4) 27 nos. ofreservoir Telemetry & SCADA, Instrumentation & Solar system upgrading works – BentongArea (Pahang)
5) Sg. Gapoi WTP Instrumentation, Telemetry & SCADA Works (Daerah Karak, Pahang)
6)Puncak Niaga Water Supply Upgrading Works (Capex Package 6, KL) – Electrical, Instrumentation & SCAD Works
7) Samalaju WTP & Intake Instrumentation, Telemetry & SCDA Works (Bintulu)
8) D47 NPS2 sewage Water Pumping Station Electrical, Instrumentation & Telemetry Works – IWK (Petaling Jaya, Selangor)

Staffing – Staff Strength

Directors – 2
System Manager -1 (Degree in Electrical/Electronics Engineering)
25 years’ experience with technical support for instrumentation works and networking solution included SCADA, Telemetry and instrumentation works.
Project Engineer – 2 (Diploma in Electrical)
Site Engineer – 1 (Diploma in Electrical)
Account Executive – 1
Account Clerk – 1

How we intend to use and repay the funds

The purpose for seeking funding is for cash flow rolling, as the company lately is received new contract.
The company is completed more than 4 projectsin 2017, which contract amount in between 400k to 670k, currently more than 6 project is in mid of progress, and upcoming project is awaiting for start, therefor we are confident that with income from project on hand could generate stable income for the future 12 month, and we able to meet the repayment obligation.
So far our company latest audit report show reserve fund is more than Rm200k plus Rm50k share capital in the company, our company financial is in the healthy level.