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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.
RentWorks Strategy Sdn Bhd
RentWorks acts as a consultant to property investors vis-à-vis rental strategy and how the investors can optimise their property performance. In addition, RentWorks is also a turn-key renovation solution for investors’ rental properties, allowing investors to start generating rental returns fast.
RentWorks acts as a consultant to property investors vis-à-vis rental strategy and how the investors can optimise their property performance. In addition, RentWorks is also a turn-key renovation solution for investors’ rental properties, allowing investors to start generating rental returns fast.
MIN INVESTMENT
RM 10,000
MIN TARGET
RM 1,000,000
MAX TARGET
RM 5,000,000
SHARE TYPE
Convertible Preference Shares
SHARE PRICE
RM 66
VALUATION
RM 10,000,000
RentWorks is committed to assist property investors to maximise investment return by delivering effective property conditioning. We are property investors’ best choice when it comes to hassle-free solutions, especially for those who have no time even to collect the house keys!
Property investments are always 50% knowing a good house to buy, and another 50% is knowing what to do with the house. Most of the average investor knows the first 50% on how to search a good property but most will /miss the second 50% of the work needed in order to make an overall good and sustainable investment. RentWorks is here to help close this gap.
Using our experience and innovative solutions, we help investors to increase their investment ROI by providing solutions on post VP work from defect checking through to renovations.
There are 3 main aspects where RentWorks would be able to help:
The RentWorks team has completed renovation and rented out more than 700 rental properties in Klang Valley and Johor Bahru.
We work closely with a wide network of local suppliers, contractors and real estate agents, to ensure that your property gets renovated within 20 working days and gets rented fast, at the fair market rental.
The proceeds are intended to be used mainly on working capital and regional expansions.
Director
Director
Convertible Preference Shares
The Issuer intends to raise up to RM 5,000,000 in this fundraising exercise.
RM 1,000,000
RM 5,000,000
RM 66 per share
1,000,000 shares
5,000,000 shares
RM 10,000
Retail, Angel, Sophisticated 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 for the subscription of the Shares.
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, RentWorks Strategy 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 this 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 capitalization 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, RentWorks Strategy Sdn Bhd directly at ecf@rentworks.my.
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.
Convertible Preference Shares (“Shares”)
Capitilization (assuming reaching the Maximum Fundraising Target)
Dividends
A dividend policy which is optimum yet sustainable to both the company and stakeholders will be established prior to listing in 2024. Currently, it will depend on the profit and discretion of the company.
Promoters
Edmund Chu Tzn Chang and Jenefer James Moinsol
Buyback / Redemption
Promoters have the first right of refusal to buyback the shares from the subscribers.
Liquidation Preferences
Promoters have the first right of refusal to buyback the shares from the subscribers.
Conversion Rights
Will be determined prior to listing in 2024.
Transferability
Promoters have the first right of refusal to buyback the shares from the subscribers.
Voting Rights
None.
Business Plan
The attached business plan spells out the Company’s overall plan and strategies towards a listing in 2024.
RentWorks Strategy - Audited Financial Report 31st December 2020
Audited Financial Report
RentWorks Strategy - Pitch Deck
Business Plan
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RM 4,695,000
of RM 1,000,000
Min Target
RM 1,000,000
Max Target
RM 5,000,000
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 4,695,000
of RM 1,000,000
Min Target
RM 1,000,000
Max Target
RM 5,000,000
Min Investment
RM 10,000