Purpose of Campaign

To fund the expansion of its new green technology product.

 

About the Issuer

The Company was established in 2005 in China and 2008 in Singapore to bring corn starch based, eco-friendly packaging and disposable products at competitive prices to the market. It is currently a leader internationally in corn starch based disposable products, supplying both large supermarket and small shops as well as acting as an OEM. The Company designs, manufactures and distributes corn starch-based bioplastics, Origo™, in the form of disposable tableware (CornWare™), carrier bags (CornBags™) and other customised packaging (CornPacks™). Its B2C products are stocked in leading supermarkets across Singapore.

 

Issuer Summary

Date of Listing:
September 9, 2015
Amount:
S$110,000
Tenor:
3 months
Repayment Type:
Bullet
Repayment Term:
Repayment at Maturity
Target Interest Rate:
21.00% p.a.
Purpose:
Expansion of new green tech product

Funding Summary

Percentage Funded:
188.2%
Total Amount of Eligible Offers:
S$207,000
(Oversubscribed)
Number of Unique Investors:
83
Target Reached:
12 days
Range of Offers:
S$1,000 ~ S$15,000
Note Rate:
17.99% pa
Number of Allocated Investor(s):
33
Highest Rate From Eligible Offer(s):
21.00%
Lowest Rate From Eligible Offer(s):
15.00%
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