- Projected Return
- Projected Timeline
SGD $30,140.00Fundraising Goal
0Days to go
PT Perusahaan Listrik Negara (“PLN”) is a government-owned electricity corporation that has a monopoly on electricity distribution in Indonesia. It generates the majority of the country’s electrical power, producing 176.4 TWh in 2015. It was included in the Fortune Global 500 lists in 2014 and 2015.
Waspodo Bayuaji, ST.MT.
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.
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 risk.
Due to delays in the machine acceptance testing process, there is a risk that the payment process will take a long time.
Mitigation Measure: UPS will complete the work order within 3 months, and will take another 3 months to account for the acceptance testing and invoicing process. Ethis added a 2-months buffer as a precaution against any potential delay, giving the project total duration of 8 months.
Investors will appoint PT SMB to enter into a Musharakah partnership with UPS. The purpose of this Musharakah partnership is to allow UPS to receive funding necessary for the completion of the working order from PLN.
UPS will issue the invoice to PLN after the work order is completed. PLN will make the payments to UPS’s bank account in which Ethis will be given access.
Upon receiving the payment, UPS will pay the investors their capital and profit (if any) and the Musharakah partnership will be dissolved.
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.