East Java, Indonesia
Pledged :
103.94%
Raised :
69.81%
  • Projected Return

    6.03%

  • Projected Timeline

    3 Months

  • SGD $292,991.00

    Fundraising Goal
  • SGD $204,535.00

    Raised
  • 11

    Days to go
Minimum amount is SGD $10000 Maximum amount is SGD $292991
Edit Investment Amount:
SGD $

* Minimum Investment is SGD $10,000.00.

* Investors may invest in their respective currencies, which will then be converted to IDR. This means that all investments received will be denoted in IDR and payouts will be actualised in IDR. For administrative purposes only however, our documents reflect the investment at the equivalent applicable SGD amount.

  • PT Petro Energi Solusi ("PT PES") is an authorized distributor for non-subsidy fuel that has shown strong growth in sales in recent past months. PT PES is looking for funding to scale the business.
  • This is the second collaborative project between PT PES and Ethis investors. The first project was paid out successfully on time, with the project successfully garnering an actualized return that matches the projected return.
  • PT PES is one of the 10 non-subsidized authorized fuel distributors under PT Pertamina Patra Niaga ("Patra Niaga") in East Java.
  • An industry veteran, PT PES is engaged with 37 regular industry clients with recurring orders and has the potential to order more. PT PES also has a massive retail market within the East Java ports, especially for fuel for sea transportation and fishers.
  • The use of funds from this project will be used to purchase petrol directly from Patra Niaga and sell it to PT PES's regular and retail clients.
PT. Petro Energi Solusi

PT. Petro Energi Solusi

PT Petro Energi Solusi (“PT PES”) is a national private company that focuses on servicing and distributing fuel oil in Indonesia.

PT PES’ business areas include:
– Fuel oil industry
– Fuel oil for sea transportation
– Fuel oil for fisherman

PT PES has a BU-PIUNU (General Trading Business License Holder Entity) issued by PT Pertamina Patra Niaga. This mandatory license authorizes companies to be non-subsidized fuel distributors.

Pertamina

Since its inception in 1997, PT Pertamina Patra Niaga (“Patra Niaga”) has grown considerably due to its extensive business strategy. The company focuses on the downstream oil and gas business, fuel and petrochemical trading and services, transportation and fleet management, terminal storage management, bunkering, and many more.

Patra Niaga has more than 140 supply points across Indonesia, alongside a responsive team that practices high-quality customer service. Patra Niaga aims to be a public energy solutions provider that is more accessible to the masses.

Their track record is evidence of their successful unique customer value proposition and superior service strategy, practised in every aspect of their business. At the same time, their business prioritizes the well-being, health and safety of all the team members in the company.

Muhammad Lutfy
  • President Director of PT Petro Energi Solusi
  • Chairman of HIPMI Surabaya (Junior Chamber of Commerce)
  • Vice President of the Indonesia Chamber of Commerce Surabaya
  • Over 20 years of professional experience in the marine industry
  • A personal guarantee from the Director or Commissioner of PT. Petro Energi Solusi.

FX RISK 

This campaign is denominated in Indonesia Rupiah (IDR), and therefore impacts non-Indonesian Investors who have to bear FX risks should there be a depreciation in the IDR.

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.

SELLING RISK

Low sales volume due to limited business activity from PT PES’ clients because of the semi lockdown imposed in the area.

Mitigation Measure:

The amount of financing is calculated based on the sales volume by PT PES over the last three months. In addition, the financing benchmarks the same amount as the previous collaborative project between Ethis and PT PES, which proved to be running well even during the semi lockdown period.

Investors will appoint PT SMB to enter into a Musharakah partnership with PT PES. The purpose of this Musharakah partnership is to allow PT PES to receive funding necessary for industrial petrol trading.

PT PES will issue the invoice to their clients for the petrol trading. The clients will make the payment to PT PES’ bank account which Ethis will be given monitor access throughout the tenure of the project.

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

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.

Invest SGD 20,000 or more in this project and enjoy higher net returns

Commit USD 100,000 or more in 3-5 projects and get access to exclusive deals and exciting discounts