- Projected Return
- Projected Timeline
SGD $50,428.00Fundraising Goal
0Days to go
KEY HIGHLIGHT OF THE PROJECT
PT Digdaya Olah Teknologi (“DOT”) received a work order from one of the leading mining companies in Indonesia – PT Pamapersada Nusantara (“PAMA”). This is the fourth work order from PAMA to DOT with a good payment track record from previous completed work.
The work order is to do development and maintenance service on PAMA’s budgeting application system.
DOT needs financing for production, operational and management cost to complete the work order received from PAMA.
OVERVIEW OF THE COMPANIES
PT Digdaya Olah Teknologi
- UI & UX Design
- IT System & Application
- Web & Mobile Application
- Premium Corporate Website
- IOS & Android Application
PT Pamapersada Nusantara
Established in 1988, PAMA is one of the largest coal mining contractors in Indonesia. They have an extensive competence and in depth understanding of coal mine development and operations.
PAMA’s portfolio is in the area of integrated mining operation, Coal Trading, Coal concession owner, Mineral concession owner and Energy Provider.
Director Of PT Digdaya Olah Teknologi (“DOT”)
Mr. Bill has 5 years of experience in the digital industry. He was also the Deputy Permanent Committee KADIN (Chamber of Commerce and Industry in Indonesia) for 2016-2020.
- A personal guarantee from Director of DOT
- Access to DOT’s Bank Account
KEY RISKS AND MITIGATION MEASURES
This campaign is denominated in Indonesia Rupiah (IDR), and therefore impacts non-Indonesian Investors who have to bear FX risk should there be a depreciation in the IDR.
There will be no exchange rate guarantee given or currency hedging done for investors. Instead, a higher projected ROI has been negotiated with the project company to account for exchange rate risks. The given projected ROI is the final returns investors should take into their consideration.
During the app development, DOT needs to collect data from the client, PAMA. If the client does not provide the data to DOT on a timely manner, this may cause delays in completing the app development, thus delaying the repayment process.
Ethis has added 2 months buffer to the campaign timeline, making the tenor of the campaign as 5 months.
MUSHARAKAH (PARTNERSHIP) AGREEMENT
Investors will appoint PT SMB to enter into a Musharakah partnership with DOT. The purpose of this Musharakah partnership is to allow DOT to receive funding necessary for the accomplishment of the work order from PAMA.
Note: The service charges in the Musharakah Agreement is charged to the project owner/developer. This does not affect investor’s capital or returns.
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.
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.
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.