Issuer ID: 1195969

DEALER FINANCING FACT SHEET

SME financing offered by Funding Societies (FS) to finance the purchase of used motor vehicles by Malaysian Used
Product Dealer Financing
Car Dealers (UCDs).

Security Yes FS will lodge an ownership claim with JPJ on the vehicle financed.

Personal Guarantee (PG) to be provided by the keyman and/or main shareholders and/or partner(s) (where
Other security Personal Guarantor
relevant/applicable).

Tenure up to 90 days

Example:
Up to 80% of the motor vehicle's purchase value or
Margin of financing Transaction Value: RM 50,000
market value, whichever is lower
Financing Amount: RM 50,000 x 80% = RM 40,000

Principal and interest will be paid at the end of the financing tenure. The Issuer will have the option for early
Repayment structure Bullet repayment
repayment, with no early repayment charges. The interest charged is calculated on daily basis.

Example:
Interest rate 12% per annum calculated on daily basis
RM 40,000 x 12% x (90 days/360 days) = RM 1,200

Example:
Service fee 30% on the interest earned
RM 1,200 x 30% = RM 360

Witholding tax At the prevailing prescribe rate set by Malaysian Tax Authority (applicable for non residence only).

Net interest rate Interest earned after deducting Service Fee and witholding tax.

Late interest 0.1% per day calculated on daily basis on the outstanding amount after a 7-day grace period.

Used Car Dealer/Automotive Industry is susceptible to any changes in lending policies, government policies, i.e.
Industry Risk
National Automotive Policy (NAP) etc.
Risks involved
There is a potential for your principal amount to be held longer or potential for loss of principal. However, as this
Default Risk financing is collateralised, potential principal loss could be lessened subject to the successful repossession and
disposal of the motor vehicle.

There will be recovery efforts made, such as restructuring the Note or repossessing the motor vehicle. After the motor vehicle is repossessed, it will be sold on the bidding
In the case of default
platform. The proceeds will then be distributed back to our investors.

ISSUER'S INFORMATION

Entity Type Partnership Paid Up Capital N/A

Incorporation Date 02/2008 Selangor

Business Location
(MM/YYYY)
Onboarded with FS since 09/2020
Total MOLTF Facility Limit < RM500,000
(MM/YYYY)
No of Guarantor 2 SME Credit Score * 283

Litigation * Nil
Black/Negative List * Nil Payment Behaviour * Good
Updated as at (*) 08/10/2020
* Denotes the date where the information are sourced from the CRA, in which the relevant key information published herein for investor reference.
 General Risk Statement
The provision of services by Modalku Ventures Sdn Bhd ("MVSB" / "FS") is governed by and subject to the Terms and Conditions made available online through www.fundingsocieties.com.my. All
facility request made to MVSB have been assessed by our credit assessment team. This means only established and creditworthy businesses are able to crowdfund through our platform. However, as
with all investments, investing your money for a return will always have financial risks. Facilities made on the platform are not insured and there is a risk that a business may not be able to repay the
facility. While MVSB has a recovery process in place, you may still lose some or all of your investment, including your initial capital. Investors may participate in multiple facilities to build a diversified
portfolio, so that in the unfortunate event that one issuer defaults, the investor is less likely to lose his/her entire capital, although the overall rate of return may decrease as a result. Individual portfolio
results may vary, depending on, among other things, the diversity of the portfolio, exposure to any single issuer, group of issuers or industry, as well as macroeconomic conditions. Any past
performance, projection, forecast or simulation of results is not necessarily indicative of the future or likely performance of any company or investment. Where applicable, investors are responsible for
paying all taxes imposed by relevant authorities on any interest received and the amount of tax payable is dependent on individual circumstances. The information provided does not take into
account your specific investment objectives, financial situation or particular needs. Before you act on any information on this platform, you should always seek independent financial, tax and legal
advice or make such independent investigations as you consider necessary or appropriate regarding the suitability of the investment product, taking into account your specific investment
objectives, financial situation or particular needs.

Disclaimer
Modalku Ventures Sdn Bhd (“MVSB”), which is registered in Malaysia (Company Registration No. 1190266-X), provides services that involves facilitating and arranging for parties to invest or obtain
financing. MVSB does not provide any form of investment advice or recommendations regarding any listings on its platform. Nothing on this platform should be construed to constitute or form a
recommendation, financial advice, or an offer, invitation or solicitation from MVSB to buy, sell, subscribe, or dispose of any securities and/or investment products and/or financial instruments. In
providing its services, MVSB's role is limited to an administrative function and MVSB does not and will not assume any advisory, fiduciary or other duties to clients of its services. Although every effort
has been made to provide accurate and up-to-date information, MVSB does not warrant or represent, whether expressly or implied, that any information on its platform, website, marketing material
or in any documentation that MVSB prepares is accurate, current, reliable, verified, complete, or error-free and neither MVSB, nor any of its directors, officers, employees, members, representatives,
affiliates, agents, parent(s), subsidiaries, successors and assigns shall have any liability whatsoever for any expenses, losses or damages arising out of or in connection with, whether directly or
indirectly, any such occurrence and the use of all or any part of the information contained in this platform or website. The content and materials made available to MVSB’s clients are for
informational purposes only and should not be relied on by clients without obtaining the necessary independent legal, accounting, tax, financial or other advice in connection therewith before
making an investment or other decision as may be appropriate. It is solely the responsibility of clients to evaluate the accuracy, completeness and usefulness of all information and services provided
by MVSB. MVSB has made every effort to ensure that its service offerings are always made in accordance with applicable rules and regulations. Please note that MVSB does not provide and none of
the services that MVSB provides are intended to be or should be construed as an activity that would require licensing or regulation under any laws of Malaysia including but not limited to the taking
of deposits, taking capital risk, taking a side in a lending agreement, engage in activities regulated under the CMSA (except as a Recognized Market Operator for P2P financing), providing credit
rating services and providing custodial services as these activities are defined in the applicable regulations.

SME Credit Score with PD Value

The score displayed is based on the SME credit score extracted from a registered credit reporting agency, regulated by Registrar of Credit Reporting Agencies and is strictly for investor's own
reference only. From the credit score, investors may get the corresponding PD (Probability of Default) value from the SME Credit Score with PD Scaling table below.
The PD value describes the likelihood of the SME may default sometime in the next 12 months period based on information received. Therefore, a PD of 8% means the particular note has a 8%
likelihood of defaulting within the next 12 months. In other words, this means, the lower the PD, the lower the risk.

The above information is compiled and extracted from external data sources which FS does not control and may not have been able to independently verified. FS therefore cannot be held
responsible in the event of inaccuracy and timeliness of the information provided by CRA.

Jurisdiction Limitation
If you are an investor residing, or you have your principal place of business, outside of Malaysia, please note that your investment may be subject to the laws and regulations of your home country
(in particular but not limited to laws relating to tax, exchange control, anti-money laundering and anti-terrorism financing, fraud as well as data protection). You shall be responsible for your own tax
liabilities, transaction costs and capital controls which may be imposed by the laws of your home country. We shall disclose any information about you and/or your investment if it is necessary to
satisfy any applicable law, regulation, court order or governmental request. We shall not be held liable for any action taken by the authorities against you for your failure to comply with the
applicable laws. You should seek advice from an independent financial advisor, legal counsel or similar professional if you are unsure about your legal obligations under the laws of your home
country which may be applicable on to you and/or your investment on this platform.

Formula / Definitions
CRA Credit Reporting Agencies in Malaysia
No Score Company/Business score couldn’t be generated due to insufficient information
MOLTF Multi Option Line Trade Financing that predominantly comprised of Dealer Financing (DF) and Settlement Financing (SF) Facilities
Prompt No Month in Arrears (MIA) in any of the accounts
Conduct of Accounts based on Central Credit
Good MIA of not more than 1 in any of the accounts
Reference Information System (CCRIS);
Satisfactory MIA 2 =< 5X or MIA 3 =< 2X for any account
Months in Arrears (MIA)
Adverse MIA 2 >5X or MIA 3 >2X for any account
SME Credit Score with PD Scaling Table
SME Credit Score PD Value
366 - 400 0.00% - 0.65%
350 - 365 0.68% - 1.20%
331 - 349 1.25% - 2.47%
325 - 330 2.56% - 3.09%
320 - 324 3.21% - 3.72%
311 - 319 3.86% - 5.19%
305 - 310 5.38% - 6.45%
297 - 304 6.68% - 8.57%
291 - 296 8.88% - 10.57%
284 - 290 10.94% - 13.85%
279 - 283 13.85% - 15.79%
268 - 278 16.31% - 22.27%
259 - 267 22.94% - 28.83%
249 - 258 29.63% - 37.31%
100 - 248 38.23% - 99.46%
No Score N/A