Mezanine Scheme – pernas.my

MEZANINE SCHEME

This scheme caters for companies with proven business model has
growth potential to support their business expansion purposes

Criteria of Target Companies

High growth trend and potential
Minimum audited Profit After Tax (PAT) for the last two (2) years + current year PAT forecast of minimum RM1 Million
Minimum shareholders’ funds of RM2 Million

Investment
Structure

Mode of Investment	Size of Investment	Tenure of Investment
Subscription of Ordinary Shares and/or Redeemable Convertible Preference Shares (RCPS)	Maximum of RM10 million for combination of Ordinary Shares and RCPS;Maximum of RM5 million for RCPS only	Maximum of 5 years
Ordinary Shares : Maximum of 30% equity interest in target Company
CRCPS : Fixed dividend rate of 6% – 8% per annum (subject to maximum gearing ratio of 2 times)

Fees/Costs

Processing fees: 1% – 1.5%
Financial due diligence fees: RM30,000 – RM100, 000 (estimated)
Documentation and legal due diligence fees: RM25, 000 – RM50,000 (estimated)

Application

Download the application form via:

Mezzanine Proposal Format Equity Investment