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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