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Investing is risky. You might not know what you'll earn, it could be hard to sell, you might own less, unexpected things can happen, and you could lose all your money.
LXE
LXE takes a novel approach towards improving Malaysia's legal practice, through its web-based platform for clients and their lawyers to track and manage litigation proceedings together in a systematic and transparent manner.
LXE takes a novel approach towards improving Malaysia's legal practice, through its web-based platform for clients and their lawyers to track and manage litigation proceedings together in a systematic and transparent manner.
MIN INVESTMENT
RM 500
MIN TARGET
RM 100,000
MAX TARGET
RM 400,000
SHARE TYPE
Ordinary Shares
SHARE PRICE
RM 1.5
VALUATION
RM 1,501,501
LXE THEORY SDN BHD is a Malaysian legal technology company founded by a team of lawyers and fin-tech practitioners. Our focus is to address the knowledge gap often faced between clients and their lawyers through the creation of a shared digital platform to track, supervise and manage their litigation proceedings.
LXE is based on three core-values:
LXE is a Web-based digital platform for clients to track, manage and supervise their litigation proceedings together with their lawyers.
Lawyers key in suit information and updates onto LXE
LXE generates a chronology of information shared with the Client
Check and balance to keep all Parties accountable
Total of 519,605 Civil Suits; and 1,951,102 Criminal Suits registered from Feb 2019 - Jan 2020.
Average of 43,300 Civil Suits and 162,591 Criminal Suits registered each month.
Total of 4,702 law firms registered in the Klang Valley (KL & Selangor) alone.
802 law firms registered in Johor, 689 registered in Penang, and 2,058 across the other states.
30% for Platform Development & Capital Expenditure; 20% for Pre-launch Marketing; 50% for Runway Expenditure
Co-Founder | Managing Director
Joshua is a qualified lawyer specializing in corporate and commercial litigation. He currently advises on financial technology and capital fundraising with a recognized market operator registered with the Securities Commission of Malaysia.
Co-Founder | Operations & Compliance
Abhilaash is a qualified lawyer and member of Shearn Delamore & Co.’s Tax and Revenue Practice Group. His key areas of practice involve various aspects of Malaysian tax and revenue advisory, dispute resolution, and litigation work.
Ordinary Shares
The Issuer intends to raise up to RM 400,000 in this fundraising exercise.
RM 100,000
RM 400,000
RM 1.5 per share
66,000 shares
266,400 shares
RM 500
Retail, Angel, Sophisticated, and/or Institutional Investors, subject to the applicable investment limits prescribed under the Securities Commission’s Guidelines on Recognised Markets.
14 working days after the end of the Fundraising Period
An Investment Agreement (with an Annexed Partnership Agreement) for the subscription of ordinary shares (subject to review if required or necessary).
The information, calculations and remarks expressed on this term sheet or on any other part of the platform are based on information provided, disclosed and presented by the Issuer, LXE Theory Sdn Bhd to Ata Plus Sdn Bhd, either in part or in whole. Ata Plus disclaims responsibility for the accuracy, completeness and/or validity of these information, and hence will not be held liable for any inaccurate, inappropriate or incomplete information presented on this term sheet or on any other part of the platform subject to the following :
The financial information listed on the Deal page is provided by the Issuer; which includes the financial forecasts and projections, the capitalisation table, the term sheet, and management accounts.
The financial forecasts and projections have been prepared by the Issuer based on assumptions that have not been reviewed and certified by an independent certified accountant for its reasonableness.
THE ISSUER agrees that; all information concerning the product, business and the assets of THE ISSUER that have been furnished to Ata Plus Sdn Bhd for the purpose of the equity crowdfunding campaign is true, complete, and accurate in all material respects and is not misleading or deceptive whether by inclusion or omission.
Should the Investor require more information, they can do so by contacting LXE Theory Sdn Bhd directly at team@mylxe.co.
(i) No shares will be alotted or issued based on this document after six months from the closing of the offer period
(ii) This issue, offer or invitation for the offering is a proposal not requiring authorisation of the Securities Commission under section 212(8) of the CMSA 2007
(iii) This document has not been reviewed by the Securities Commission Malaysia. The Securities Commission does not recommend nor assumes responsibility for any information including any statement, opinion or report disclosed in relation to this fund raising exercise and makes no representation as to its accuracy or completeness. The Securities Commission expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the information disclosed.
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RM 190,819
of RM 100,000
Min Target
RM 100,000
Max Target
RM 400,000
Investing in equity crowdfunding involves certain risks that include uncertainty of returns, lack of liquidity, dilution, material events and lack of control. Investments should be done as part of a diversified portfolio. ATA PLUS offers investment opportunities to investors who understands these risks in making their own investment decisions.
PLEASE READ THE FULL RISK WARNING BEFORE DECIDING TO INVEST.
This page is approved as a financial promotion by ATA PLUS Sdn. Bhd., which is authorized and regulated by the Security Commission of Malaysia. Deals that are up for investment are only offered to members of ata-plus.com on the basis of information provided by the companies concerned. ATA PLUS takes no responsibility for this information or for any recommendations or opinions made by the companies. For further information on this, please read our Term of Use.
RM 190,819
of RM 100,000
Min Target
RM 100,000
Max Target
RM 400,000
Min Investment
RM 500