Purpose of Campaign
To purchase more cars for revenue generation as well as general working capital such as payments to the drivers for trips made.
About the Issuer
This is a car leasing company for Grab and Uber drivers. Following a strategic redirection, the company has changed their business model to lease out vehicles to Grab and Uber drivers and recently started a salaried driver based business model in which the drivers will use the company cars for daily operations in return for a fixed monthly salary.
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