Agriculture Technology-as-a-Service (ATaaS) provider Estet Sepakat Sdn. Berhad (ES) has launched its equity crowdfunding campaign (ECF) via Ethis Malaysia, the first fully-shariah compliant equity crowdfunding platform operating as a Recognized Market Operator (RMO) that is approved by the Securities Commission of Malaysia.

This is ES’ maiden investing campaign on an equity crowdfunding platform, and it is raising up to a maximum of RM6,000,000, offering investors up to 30% stake in its company.

As part of its exit strategy, the company states that it will target to purchase the shares from investors at the end of year 2 on a first come first serve basis, giving investors a projected 16% yearly capital gain. Collectively and ideally, both the capital gain and the dividend will make up a projected annual ROI of 24% for investors. It intends to explore the possibility of an IPO in its fifth year, and is offering an Investment Protection Plan to safeguard its investors.

Founder and Principal Advisor of ES, Badardin Ahmad said, “Investing in Estet Sepakat through this equity crowdfunding campaign gives investors an opportunity to invest in a business that not only aims to create significant socioeconomic impact, but also has the potential for high growth and high income for the company, and offers attractive returns for the investors,” he said.

Wan Mohd Dazriq Wan Zulkiflee, the Chief Executive Officer of Ethis Malaysia said, “Ethis Sepakat offers impact investors promising opportunities as the business aims to increase paddy farmers’ income in Malaysia, whilst aiming to see healthy financial growth through its comprehensive Agriculture Technology-as-a-Service (ATaaS) strategy that includes the acquisition of efficient machinery services and its state of the art technology end-to-end solutions platform called BIDARATI, a fleet optimization and management software that enables the efficient collection of data.”

https://www.zawya.com/mena/en/press-releases/story/Agritech_business_Estet_Sepakat_Sdn_Berhad_launches_equity_crowdfunding_campaign_on_Ethis_Malaysia-ZAWYA20210830052658/