IEO Fundraising Details
Overview
Total issued: 10 million tokens
Funding Amount: RM10 million
Token Value: 1 to RM1 (Backed by Sky Motor with existing Loan Receivables)
Duration: 5 Years
Coupon Payment: 0.75%/month (9% p.a.)
Buyback/Redemption: From 3rd Year (33%), 4th Year (33%), 5th Year (34%)
Token Payment
Year
Coupon Payment (RM)
Buyback/Redemption (RM)
Total (RM)
1
900,000
-
900,000
2
900,000
-
900,000
3
900,000
3,300,000
4,200,000
4
603,000
3,300,000
3,903,000
5
306,000
3,400,000
3,706,000
Total
3,609,000
10,000,000
13,609,000
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