Wellness Trends
What the business is about?
"Wellness Trends Sdn Bhd was started with the passion to promote wellness and health among children came about when realized that many children suffered from spinal problems due to the misuse of heavy schoolbags and trolley-schoolbags. To ensure the integrity of its product, we began working with healthcare professionals (chiropractors and orthopaedics)and in 2006 created Malaysia’s first ever chiropractic-designed schoolbags called BAKPROTEK. Designed from the ground up, these school backpacks provide proactive spinal support for school children.
Our company is poised to pioneer its innovative blend of “passion and compassion manufacturing” – creating selling products that promote wellness for Malaysians and world citizens of all ages. Thereafter, we ventured into trading and supply of commodities and telecommunications products in Malaysia and oversea."
This is Wellness Trends Sdn Bhd's 1st 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
Wellness Trends Sdn Bhd is active in a.) BakProtek backpacks b.) meat products (fish, chicken) and c.) materials installations / telecommunication.
Funding amount
RM 300,000.00 for x months.
12.00 % interest (nominal, p.a.)
Business type
Sdn Bhd
Location
36-05, Block B, The Herz Kepong,
Jalan 3/33a, Kepong Baru, 52100 Kuala Lumpur, Malaysia
Number of outlets
1
Number of directors
1
Personal guarantees
2
Year of incorporation
2005
Number of employees
5
Important Risk Information:
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’).
Risk score of CAA3 (‘High risk’) indicates that this investment amount has an high level of risk.
In 2022, Wellness Trends Sdn Bhd had a revenue of RM 67,663.00 and a pre-tax profit of RM 16,981.00.
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.