What the business is about?
"Ultimate Packaging was established in the year 2017 by experienced personnel, some with 20 years of experience in the packaging industry.
Ultimate Packaging is an integrated packaging company that supplies various types, dimensions & forms of plastic packaging material included laminated packaging material.
We provide value-added services on consultations & propose solutions to our customer’s requirement and where ever possible provide alternative solutions that will maximize total cost savings in the long run for the customer."
This is Ultimate Packaging Sdn Bhd's 2nd investment note with Alixco.
This investment note is secured by 2 personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
The funds will be used for working capital.
Business Overview
Funding amount
RM 300,000.00 for 6 months.
14.52 % interest (nominal, p.a.)
Business type
Production of packaging materials, Sdn Bhd
Location
NO.44 & 46, JALAN UTAMA 1/12 TAMAN PERINDUSTRIAN PUCHONG UTAMA SEKSYEN 1 47130
PUCHONG SELANGOR
Number of outlets
6
Number of directors
2
Personal guarantees
2
Year of incorporation
2017
Number of employees
20
Important Risk Information:
Risk score of CAA3 (‘High risk’) indicates that this investment amount has an moderate level of risk.
The risk score of CAA3 (‘High risk’) was determined by a blend of our internal risk-based pricing algorithm, an external risk score from a leading credit rating agency and a variety of qualitative factors. It is an approximation only and does not guarantee any specific outcome. Our risk score ranges from A(‘lower risk’), B(‘medium risk’), C(‘medium-high risk’) to D(‘high risk’). The risk score of CAA3 (‘higher risk’) indicates that this investment amount has an elevated-high level of risk.
In 2022, Ultimate Packaging Sdn Bhd has a revenue or RM 7,739,654.00 and a pre-tax profit of RM 863,537.00.
Improtant Info:
This is Ultimate Packaging Sdn Bhd's 2nd P2P investment campaign with Alixco P2P. Ultimate Packaging Sdn Bhd still has 1 ongoing P2P campaign with Alixco P2P with scheduled upcoming repayments of approx. RM 215,000.
Investor Fees:
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.