| WC2600000870 GTD RTN
Joystar Auto Sdn Bhd |
Working Capital | ||
| 9.0% Interest p.a. | Reinvest EIR | ||
| Amount: RM 85000.0 | 9.0% | ||
| Tenure: 2 Month(s) | Credit Source | ||
| One Time Payment Upon Maturity | Experian,QuicSkor | ||
| P.D. >1.5%-2.5% 35.411764705882355% | Rating | ||
|
day(s) left RM 54900.0 left |
8 | ||
● ABOUT ISSUER
The issuer is a Selangor-based company that commenced operations on 3 November 2023, and has already established itself as an authorized car dealer for Chery and GWM. This strategic partnership positions the company as a key player in the automotive sector, representing globally recognized brands that offer high-quality vehicles. As an authorized dealer, the company aims to be more than just a sales outlet; it aspires to be a trusted automotive partner for its customers. This is achieved by offering not only vehicles but a complete car-buying experience that goes beyond the typical dealership transaction.
● GUARANTEED ELEMENT
The principal of this investment note is secured by the assignment of a new, unregistered Chery Tiggo 7 PHEV, with a market value of RM129,400.00, providing strong asset backing for the investment. In addition, the hire purchase proceeds from the issuer have also been assigned to further strengthen the collateral.
● PAST FINANCING HISTORY WITH QUICKASH
The issuer has successfully settled 216 investment notes within a short timeframe and currently has 30 ongoing investment notes.