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What the business is about?
SWC Properties Sdn Bhd is a commercial real estate company.
The company's business activity focuses on renting land at comparatively low rates and sub-renting it to a variety of commercial tenants at significantly higher rates. The company provides value-add through the construction & renovation of facilities on the rented land and by compartmentalizing the land into smaller lots for sub-rental.
This is SWC Properties Sdn Bhd's 2nd financing note with Alixco P2P Financing.
This investment note is secured by 3 personal guarantees, as required by Alixco P2P Financing.
For what will you use the funds?
The funds will be used to expand the business. The funds will be primarily used to finance rental contracts and for the renovation and / or construction of buildings on the rented land in order to sub-rent compartmentalized lots to a variety of commercial tenants.