SamSpace, headquartered in Malaysia, is revolutionizing the home living sector. As an all-encompassing furniture and interior design entity, their mission is to merge affordability with a sense of minimalism. With a vision to be Malaysia's premier home brand, they are poised to address a growing furniture market projected to reach 61.8 billion USD in the next five years. Navigating challenges like limited design choices and extended delivery times, SamSpace offers streamlined processes, collaborating with multiple designers to provide diverse and contemporary choices. Their dual approach targets both online and offline channels, recognizing the dominance of physical stores in Malaysia's retail landscape. The experienced team, having gained recognition for business acumen, is steering the company towards international expansion, specifically targeting markets like Singapore and Vietnam. As they consolidate their brand in Malaysia and extend to Indonesia, SamSpace presents an enticing equity crowdfunding opportunity in 2023 through the Redeemable Convertible Preference Share (RCPS) scheme, inviting investors to be part of their transformative journey.
Raised 104%
RM 500,000 target
RM 521,000 from 75 investors
RM 521,000 from 75 investors
Business and Investment Overview
Company
Samspace Meta Sdn. Bhd.
Company number
017 - 878 3394
Sector
Wholesale of household furniture, accessories or fittings
PIC
Fo wei hao (Samuel Fo)
Social Media
Shares
Redeemable Convertible Preference Shares (RCPS)
Rewards
Cash voucher
Investment Summary
Campaign Start Date
9 Nov 2023
Campaign End Date
29 Dec 2023
Minimum Funding Target
RM 500,000
Maximum Funding Target
RM 5,000,000
The campaign was succesfully funded in 29 Dec 2023
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Investment Packages
PACKAGE A
RM 3,000
Thank you for investing in us! You will also receive these shares:
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 3,000
Subscription price per share: RM1
3000 x RM1 = RM3,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
PACKAGE B
RM 5,000
Thank you for investing in us! You will also receive these shares:
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 5,000
Subscription price per share: RM1
5000 x RM1 = RM5,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
PACKAGE C
RM 10,000
Thank you for investing in us! You will also receive these shares:
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 10,000
Subscription price per share: RM1
10,000 x RM1 = RM10,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
PACKAGE D
RM 50,000
Thank you for investing in us! You will also receive these shares:
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 50,000
Subscription price per share: RM1
50,000 x RM1 = RM50,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
PACKAGE E
RM 100,000
Thank you for investing in us! You will also receive these shares:
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 100,000
Subscription price per share: RM1
100,000 x RM1 = RM100,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
PACKAGE F
RM 83,000
Thank you for investing in us! You will also receive these shares:
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 83,000
Subscription price per share: RM1
83,000 x RM1 = RM83,000
Additional Rewards: Customized
PACKAGE G
RM 3,000
Thank you for investing in us! You will also receive these shares:
Early Bird Promotion:
(Pledge before 10th November 2023, 11.59 pm)
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 3,000
Subscription price per share: RM1
3000 x RM1 = RM3,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
Terms & Conditions:
Product cash voucher cannot be redeemed as cash.
Product cash voucher is only for one-time full redemption of the product.
Product cash voucher is valid for one year.
PACKAGE H
RM 5,000
Thank you for investing in us! You will also receive these shares:
Early Bird Promotion:
(Pledge before 10th November 2023, 11.59 pm)
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 5,000
Subscription price per share: RM1
5000 x RM1 = RM5,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
Early bird will be entitled additional product cash voucher RM100
Terms & Conditions:
Product cash voucher cannot be redeemed as cash.
Product cash voucher is only for one-time full redemption of the product.
Product cash voucher is valid for one year.
PACKAGE I
RM 10,000
Thank you for investing in us! You will also receive these shares:
Early Bird Promotion:
(Pledge before 10th November 2023, 11.59 pm)
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 10,000
Subscription price per share: RM1
10,000 x RM1 = RM10,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
Early bird will be entitled additional product cash voucher RM250
Terms & Conditions:
Product cash voucher cannot be redeemed as cash.
Product cash voucher is only for one-time full redemption of the product.
Product cash voucher is valid for one year.
PACKAGE J
RM 50,000
Thank you for investing in us! You will also receive these shares:
Early Bird Promotion:
(Pledge before 10th November 2023, 11.59 pm)
Type of shares: Redeemable Convertible Preference Share (RCPS)
Maturity Period: 5 years
Number of shares: 50,000
Subscription price per share: RM1
50,000 x RM1 = RM50,000
Additional Rewards:
6% Dividend payment will be payout for year 1 & 2.
8% Dividend payment will be payout for year 3 & 4.
10% Dividend payment will be payout for year 5.
Early bird will be entitled additional product cash voucher RM1500
Terms & Conditions:
Product cash voucher cannot be redeemed as cash.
Product cash voucher is only for one-time full redemption of the product.
