Any set-up, either Real Estate Developer, Builder, Supplier, Service provider/ trader. Financial institution, even public listed and government linkage company(GLC) that having problems, fail to deliver or bearing abandoned projects are qualified to forward letter of interest to obtain financial assistance @ funding arrangement via strategic alliance @ venture capitalist @ joint venture for the entire undertaking. In turn, Tu -E capital reserve the right to hold 30% equity on the project fund-arranged only, not in company’s. The 30% equity is a form of Collateral Security as well as the Repayment Guarantee and would exit upon the settlement of interest-free 70% principal amount.
Tu-E capital world group / berhad would respond to any letter of interest within 7 days stating the approved financial assistance amount.It is an Official reply known as corporate ready, willing and able (CRWA) stating Tu-E Capital Berhad current financing strength and capability, under paragraph I. Engagement fees is stated in the last paragraph for administrative, management and traveling expenses. It also indicates Tu-E capital corporate activities especially in the event they fail to service their credit line facilities with financial institution. It could negatively affect the collateral provider and eventually might tarnish Tu-E capital reputation.
The strategic alliance agreement shall be formalized upon receiving the signed second copy of CRWA complete with company’s seal together with the commitment fees paid in full at the respective base where Tu-E capital is being set-up.The fees be apportioned on 51:49 ratio of local set-up to cover their overhead and Tu-E capital Malaysia to cover Kuala Lumpur International Liaison Office aside from traveling expenses.
Within 40 to 60/90 days, an initial of USD100K (excluding Malaysia) will be disbursed first to the client via respective Tu-E capital which is duty-bound to