Project Zircon

This Teaser presents an opportunity to acquire the entire equity stake held in a licensed debt collector with 19 offices and 170 workforce in Malaysia.

Transaction structure of Project Zircon

Offices & hostels

  • Headquarter office at Sun Complex, KL
  • 18 branches across Malaysia
  • 4 staff hostels
  • Market value of owned properties = RM2.7 mil

Operating resources

  • 105 operation staff and 65 management/supporting
  • Customised debt management systems (e.g. Volare and Juris)
  • Extensive search, sub-contractor and legal network

Client base

  • Bank 1 (43% of 2018 revenue)
  • Bank 2 (31%)
  • Consumer product 1 (9%)
  • Bank 4 (8%)
  • Other leasing, consumer products & cooperative entities

Financial result

For the FY 2018M:

  • Revenue = RM13.1m
  • Adj. EBITDA = RM2.9m
  • Adj. PAT = RM1.9m
  • Total assets = RM11.0m
  • Total equity = RM2.1m