West Kalimantan, Indonesia
Pledged :
109.62%
Raised :
99.94%
  • Projected Return

    11.75%

  • Projected Timeline

    6 Months

  • SGD $206,624.00

    Fundraising Goal
  • SGD $206,495.18

    Raised
  • 0

    Days to go
This campaign is fully funded.

KEY HIGHLIGHT OF THE PROJECT

  • PT Berkah Cemerlang Asia (“BCA”) received a work order from PT Denkino Sarana Mandiri (“Denkino”) to procure CCTV cameras and supervision devices to be installed in Denkino’s new office building at Kijing Port, East Kalimantan.
  • This is the second work order from Dankino to BCA. The previous order was made for CCTV network infrastructure and the payment by Denkino was made on time, proving a good track record and relationship between the two parties.
  • BCA needs financing for the purchase and installation of CCTV and other devices needed to complete Dankino’s order. The fund from the Investors will be transferred directly to BCA’s supplier.

OVERVIEW OF THE COMPANIES

PT Berkah Cemerlang Asia

Established in 2016, PT Berkah Cemerlang Asia focuses on the procurement of goods (e-Perolehan) for several big companies and ministries in Indonesia. Their main focus is in the field of security  devices, such as:

  • CCTV & Surveillance
  • Access control gate
  • Auto-detection gate
  • Parking gate
  • Alarm System

PT Denkino Sarana Mandiri

PT. Denkino Sarana Mandiri (“Denkino”) is a company that started as an electrical construction business. In 2015 Denkino added renewable energy as another business vertical.

Denkino has experts who are experienced in their field and are recognized by the customers who have used their services.

Denkino is currently working on an electricity construction project for Kijing port’s new office and requires a vendor to install CCTV and supervision devices.

PROJECT PARTNER

Derwin

Director Of PT Berkah Cemerlang Asia (“BCA”)

Mr Derwin is an experienced entrepreneur. He has a very good relationship with several government officials in Indonesia which helps him secure multiple work orders as a procurement vendor.

SAFEGUARDS

  • A personal guarantee letter from the Director of BCA
  • Access to BCA’s bank account throughout the project tenure

KEY RISKS AND MITIGATION MEASURES

FX RISK 

Investments made in other currencies will be converted to Indonesia Rupiah (IDR) for project use. Investors may incur fx (currency) losses if there is a depreciation in the IDR to their own currency.

Mitigation Measure:

There is no fx guarantee or currency hedging done for investors. A higher projected ROI has been agreed upon with the project company to account for this.

SHIPMENT RISK

BCA’s suppliers are from Germany and China, therefore, there is a risk of delays in the delivery of materials from abroad. It usually takes 2 months to receive the materials from abroad and another 1 month to send and install the material on site. The checking and invoicing process may take 1-2 months making the total project tenor as 5 months.

Mitigation Measure:

Ethis has added a 1-month buffer period to the campaign timeline to avoid any delays, making the tenor of the campaign as 6 months.

INVESTMENT STRUCTURE

Investors will appoint PT SMB to enter into a Musharakah partnership with BCA. The purpose of this Musharakah partnership is to allow BCA to receive funding necessary for the accomplishment of the work order from Denkino.

EXIT STRATEGY

BCA will issue the invoice to Denkino after the order is completed. Denkino will make payment to BCA’s bank account, to which Ethis will have access.

Upon receiving the payment, BCA will pay the investors their capital and profit (if any) and the Musharakah partnership will be dissolved.

Gallery

Proof of payment for previous work orders by Denkino

IMPORTANT NOTE

This investment opportunity is based on a first come first serve basis. Your investment is secured only after your transfer-proof has been received. A pledge is merely an interest to invest and does not guarantee you a slot in this investment.

DISCLAIMER

This campaign facts and the content herein do not constitute as any financial advice, or solicitation for the purposes of making financial investments in Indonesia or other territories. Ethis.co is a platform specialising in the match-making of opportunities to those who register themselves as members on the Ethis platform. With regards to these opportunities, the need and onus to do due diligence lies squarely with our members as we do not profess to advise on the same. All dealings and transactions are directly with the businesses, project owners or authorised agents we refer to our members.

RISK NOTE

In the event of non-performance or default by the project owner, Ethis will initiate a recovery process and handle the initial administrative steps. Should there be a need to pursue further action, investors will need to agree to and bear any additional costs incurred.

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