Wiltek - Become The First Impression Brand in Sanitary Industry | 立志成为 卫浴用品领域的品牌首选

RM 658,750
Investors 47
Minimum Target Amount RM 500,000
Maximum Target Amount RM 2,000,000
Funding Period
26/04/2023 - 23/05/2023
Funded Successfully

Wiltek Homeware Sdn Bhd

Business &
Investment Summary
Company Name

Wiltek Homeware Sdn Bhd

Sector

Sanitaryware

Company No.

200601011108(730858-A)

Share Type

Redeemable Convertible Preference Shares (RCPS)

Rewards

Dividend, Product Credit & Product Voucher

Person in Charge

Chee Joon Lim (Jym)
+60 16-656 7779

WILTEK Website: https://www.wiltek.com.my/
Facebook: https://www.facebook.com/wiltek.homeware
Talk to Founder: Whatsapp Jym

Why should you invest?

  1. With over 22 years of experience in operations, currently operates 5 branches across the Klang Valley.
  2. Expected to 4-6x return within 5 years.
  3. Developed a one-stop self-brand, procurement, and sales channel.

 

Project Description

Founded in 2000, Wiltek is a leading specialist in sanitary ware, with a proven track record of over 22 years of successful business operations. With 5 branches strategically located across the Klang Valley, Wiltek has established a strong reputation for providing high-quality, practical, and affordable bathroom products, earning the trust of customers, and becoming a reliable brand within the industry.

At Wiltek, we strive to offer our customers high-quality, practical, and affordable bathroom products to create a relaxing and inspiring environment where customers can enjoy their time in the bathroom and find moments of introspection Our goal is to become a renowned global and Malaysian brand for bathroom products and be the preferred choice for chain stores.

 

About the Operator

I’m Jym Chee, who serves as the company's second-generation successor and CEO. My father, Chee Fai, founded the company, while my uncle, Chee Kong, co-founded it. Together, this dynamic duo has been in the home renovation industry since 1983 and successfully navigated the transition into the sanitary ware industry. Despite encountering challenges along the way, they persevered and emerged stronger than ever.

Growing up in this environment, my passion for business started at a young age, as I assisted my father and uncle in the family business. With seven years of banking experience under my belt, I bring a fresh perspective to the table while also benefiting from the vast knowledge passed down from the previous generation. With a winning combination of experience and innovation, we are well-equipped to achieve Wiltek's goals and establish our position in the sanitary ware industry.

Furthermore, after taking the reins, I embarked on a journey to redefine the company's identity and branding. We shifted from a jarring green-yellow color scheme to a sophisticated red-black palette, coupled with the iconic "toilet-thinker" symbol. This memorable emblem has left an indelible impression on our esteemed clientele. As savvy business owners, we frequently traverse the globe to procure and research, guaranteeing that our products remain practical and our operations stay ahead of the curve.

Throughout the years, we have aimed to elevate Wiltek to the status of the FIRST IMPRESSION BRAND of the sanitary ware industry, with the ultimate goal of creating a national brand that is both high-quality and affordable.

 

About Start-ups

Did you know that, according to statistics from the World Toilet Organization, the average person goes to the bathroom about 6 to 8 times a day, which amounts to around 2,500 times a year? That means people spend at least three years of their lives in the bathroom. However, each moment spent in the bathroom provides an opportunity to relax and unwind after a stressful day and allows the body to fully rest.

In order to meet the increasing societal demand for sanitary ware, we embarked on a 22-year entrepreneurial journey. Along the way, we built a powerful and skilled team and gained an advantage in modern and practical product design, our self-owned brand for sanitary ware, and a well-established sales channel. Our efficient ERP system for procurement, inventory, and sales reports ensures the systematic and profitable development of the Wiltek enterprise.

Over the years, Wiltek has undergone a remarkable transformation - from a humble family-run to a team of 30 people today, and from a small shop to a thriving enterprise with five branches, an office, and a large warehouse, Our perational mode has been gradually perfected and expanded, enabling us to be fully prepared for the opening of new stores in the future.

 

Business Potential

Renowned Harvard geneticist Professor Gary Ruvkun posits that toilets have made the most significant contribution to extending human life, resulting in a remarkable increase in average lifespan by 20 years. Surpassing even the likes of penicillin and birth control pills, modern sanitation equipment represents the most significant milestone in the history of medicine, according to a survey conducted by the British Medical Journal. The global market for sanitary ware, undervalued and often underestimated, reached an astounding value of $115,4165 million in 2021.

Based on our research, the global market for sanitary ware is on the cusp of rapid growth, with a projected compound annual growth rate of 5.85% between 2022 and 2029. This highlights the undeniable connection between the value of residential spaces and the demand for top-tier bathroom fixtures, presenting an exciting opportunity for high returns that remains largely untapped.


With an eye toward the future, we have ambitious plans to expand our operations from five branches to thirty by the end of 2027. Our projections indicate that we can achieve a return on investment of between four and six times within the next five years, with a target valuation of $80 million. Our ultimate objective is to establish ourselves as the premier brand in Malaysia's thriving sanitary ware industry, achieving this through strategic mergers and acquisitions and potentially taking our company public.

 

Core Management Team

Use of Funding 

 

After 22 years of operation, we have established close connections with many industry peers. To achieve our future goals, we have decided to raise funds through the MyStartr crowdfunding platform with a target amount of RM2 million. The funds will be allocated as follows:

 

  • 65% for business expansion (expected to be completed within 12 months)
  • 25% for human resource costs (expected to be completed within 12 months)
  • 10% for Working capital (expected to be completed within 12 months)

 

Term Sheet

 

Investment Packages

Return on Investment

 

Reasons to Invest

In the 21st century, where people increasingly value their quality of life, there is a growing demand for hygiene and health. We welcome you to join us and make Wiltek the top choice for sanitary ware globally and in Malaysia, creating a private sanctuary where everyone can indulge in some me-time while enjoying the best bathroom essentials.

Contact Us


Pitch Deck

为什么要投资？

  1. 营运经验超过22年，目前在巴生河流域共拥有5家分行
  2. 预计在5年内将达到4-6倍的回报率
  3. 拥有一站式的自有品牌、采购与销售渠道

 

项目简述

成立于2000年的Wiltek是卫浴产品领域的领先专业公司，拥有超过22年成功经营的良好记录。Wiltek在巴生谷地区设有5个战略性分支机构，以提供高品质、实用和价格合理的浴室产品而闻名，赢得了客户的信任，并成为行业内可靠的品牌。

在Wiltek，我们致力于为客户提供高品质、实用和价格合理的浴室产品，创造一个轻松愉悦、激发灵感的环境，让客户在浴室中享受时光、反思人生。

我们的目标是成为卫浴产品领域备受推崇的全球和马来西亚品牌，成为连锁店首选之选。

 

关于经营者

我是Wiltek的第二代接班人Jym Chee，也是Wiltek的CEO。我的父亲Chee Fai是公司的创办人 ，其弟弟 Chee Kong是公司的联合创办人，这对黄金兄弟组合从1983开始，就从事装修行业，到卫浴用品行业，过程中不管多少风雨，依然屹立不倒，迎难而上。

从小也在耳濡目染下，在年轻的时候，我曾在家族企业中协助我的父亲和叔叔，从而培养了我对商业的热情。加上曾经有7年银行业务经验，我相信，历经两代人的承先启后，结合第二代新生代的新思维，更能良好地贯彻Wiltek的目标，在卫浴用品领域占有一席之地。

而且，接棒之后我开始重新定位公司的标识（logo）与辨识度，从青黄色的撞色设计，到现在舒适的红黑色高尚格调，加上在马桶思考者的标志，已经在顾客心中留下深刻的印象。作为经营者的我们，也常到外国采购与考察，确保产品的实用性与营运模式，能够与时并进。

这些年，我们都希望将公司打造卫浴用品领域的品牌首选，立志打造物美价廉的国民品牌。

 

创业故事 

你知道吗？根椐世界厕所组织统计，每人每天上厕所大约有6到8次，一年约2,500次，人的一生至少有3年时间是在浴室里度过。而每一次的浴室时光也是让紧绷一天的神经得到放松，还让身体得到了彻底的休息。

为了应付这个日益增长的社会需求，22年的创业旅程中，除了专业且熟练的强大团队，我们累积的优势不仅在于产品的现代化与实用性，还包括拥有卫浴用品的自有品牌以以及销售渠道，再加上ERP系统&采购、库存、销售报告，绝对可以保证Wiltek系统性与高利润的的企业发展。

而且，从过去的家族式经营Wiltek经历了一次非凡的企业转变，到现在的30人团队；从一家小店铺到目前拥有5家分行，1个办公室和1个大型仓库，Wiltek的规模与具体营运模式也逐渐完善且全面，以便随时能够应对未来开新店的准备。

 

发展潜能

哈佛大学遗传学家加利·拉夫昆认为，在延长人类寿命的诸多因素中，厕所的功劳最大，使人类平均寿命延长20年。《英国医学杂志》的调查更发现医学史上最具里程碑意义的事件，既不是青霉素也不是避孕药，而是现代卫生设备。2021年全球卫浴用品市场高达115.4165亿美元，这可说是严重被低估的市场价值。

我们也发现2022-2029 年全球市场的复合年增长率是5.85%，是处于每一年都在增长的趋势，这也说明居住环境的价值与卫浴洁具的需求成正比，这是一个严重被低估的高回报的潜在市场。

着眼未来，我们计划在2027年底前将我们的业务从5家分行扩展到30家。我们预计在5年内将达到4-6倍的回报率，目标估值为8000万，并在2027年之前进行公开上市或合并与收购，成为马来西亚卫浴用品的品牌首选。

 

核心团队

 

众筹目标 & 资金用途  

22年的经营时间让我们和许多同业伙伴建立了密切的联系，为了实现未来的目标，我们决定通过MyStartr众筹平台融资，目标金额是200万令吉，资金用途将划分为：

  • 65% 扩张业务（预计12个月完成）
  • 25% 人力成本（预计12个月完成）
  • 10% 营运资金（预计12个月完成）

 

投资条款

投资配套

投资回报

在这个越来越讲究生活质感的21世纪，人们对于卫生和健康方面的追求日益高涨，欢迎成为我们的伙伴，让Wiltek成为全球和马来西亚首屈一指的卫浴用品的品牌首选，让每一个人进入浴室享受me-time的私密小天地。

 

联系我们


Pitch Deck


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Business &
Investment Summary
Company Name

Wiltek Homeware Sdn Bhd

Sectors

Sanitaryware

Company No.

200601011108(730858-A)

Shares Type

Redeemable Convertible Preference Shares (RCPS)

Rewards

Dividend, Product Credit & Product Voucher

PIC

Chee Joon Lim (Jym)
+60 16-656 7779

Packages
Invest
RM2,500
3
Investors

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 2,500
    • Price per share: RM 1.00

    2,500 x RM 1.00 = RM 2,500.00

     

    Additional rewards:

    1. One time of RM75 Free Credit.
    2. RM100 Product Vouchers per annum 
    3. 4% Dividend payment will be payout annually. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually for 5 projects. 
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
Invest
RM5,000
1
Investors

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 5,000
    • Price per share: RM 1.00

    5,000 x RM 1.00 = RM 5,000.00

     

    Additional rewards:

    1. One time of RM200 Free Credit.
    2. RM200 Product Vouchers per annum 
    3. 4% Dividend payment will be payout annually. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually for 5 projects. 
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
Invest
RM10,000
2
Investors

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 10,000
    • Price per share: RM 1.00

    10,000 x RM 1.00 = RM 10,000.00

     

    Additional rewards:

    1. One time of RM500 Free Credit.
    2. RM400 Product Vouchers per annum 
    3. 4% Dividend payment will be payout annually. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually for 5 projects. 
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
Invest
RM20,000
0
Investors

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 20,000
    • Price per share: RM 1.00

    20,000 x RM 1.00 = RM 20,000.00

     

    Additional rewards:

    1. One time of RM1,200 Free Credit.
    2. RM800 Product Vouchers per annum 
    3. 4% Dividend payment will be payout annually. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually for 5 projects. 
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
Invest
RM50,000
1
Investors

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 50,000
    • Price per share: RM 1.00

    50,000 x RM 1.00 = RM 50,000.00

     

    Additional rewards:

    1. One time of RM3,500 Free Credit.
    2. RM2,000 Product Vouchers per annum 
    3. 4% Dividend payment will be payout annually. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually for 5 projects. 
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
Invest
RM2,500
11
Investors

    Early Bird Promotion
    (Pledge before 17th April 2023, 11:59 pm)

     

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 2,500
    • Price per share: RM 1.00

    2,500 x RM 1.00 = RM 2,500.00

     

    Additional rewards:

    1. Early Bird will be entiltled additional RM75 product vouchers. 
    2. One time of RM75 Free Credit.
    3. RM100 Product Vouchers per annum 
    4. 4% Dividend payment will be payout annually. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually for 5 projects. 
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
    4. Early Bird Promotion Valid until 17th April 2023 11:59PM.
Invest
RM5,000
16
Investors

    Early Bird Promotion
    (Pledge before 17th April 2023, 11:59 pm)

     

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 5,000
    • Price per share: RM 1.00

    5,000 x RM 1.00 = RM 5,000.00

     

    Additional rewards:

    1. Early Bird will be entiltled additional RM150 product vouchers. 
    2. One time of RM200 Free Credit.
    3. RM200 Product Vouchers per annum 
    4. 4% Dividend payment will be payout annually for 5 years. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually.
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
    4. Early Bird Promotion Valid until 17th April 2023 11:59PM.
Invest
RM10,000
11
Investors

    Early Bird Promotion
    (Pledge before 17th April 2023, 11:59 pm)

     

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 10,000
    • Price per share: RM 1.00

    10,000 x RM 1.00 = RM 10,000.00

     

    Additional rewards:

    1. Early Bird will be entiltled additional RM300 product vouchers. 
    2. One time of RM500 Free Credit.
    3. RM400 Product Vouchers per annum 
    4. 4% Dividend payment will be payout annually for 5 years. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually.
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
    4. Early Bird Promotion Valid until 17th April 2023 11:59PM.
Invest
RM20,000
4
Investors

    Early Bird Promotion
    (Pledge before 17th April 2023, 11:59 pm)

     

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 20,000
    • Price per share: RM 1.00

    20,000 x RM 1.00 = RM 20,000.00

     

    Additional rewards:

    1. Early Bird will be entiltled additional RM600 product vouchers. 
    2. One time of RM1,200 Free Credit.
    3. RM800 Product Vouchers per annum 
    4. 4% Dividend payment will be payout annually for 5 years. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually.
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
    4. Early Bird Promotion Valid until 17th April 2023 11:59PM.
Invest
RM50,000
3
Investors

    Early Bird Promotion
    (Pledge before 17th April 2023, 11:59 pm)

     

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 50,000
    • Price per share: RM 1.00

    50,000 x RM 1.00 = RM 50,000.00

     

    Additional rewards:

    1. Early Bird will be entiltled additional RM1,500 product vouchers. 
    2. One time of RM3,500 Free Credit.
    3. RM2,000 Product Vouchers per annum 
    4. 4% Dividend payment will be payout annually for 5 years. 

    Terms & Conditions:

    1. Product Vouchers will be distributed to all investors annually.
    2. All Product Vouchers will be valid for 3 years from the date of issuance.
    3. Product vouchers are transferable but non-refundable in cash.
    4. Early Bird Promotion Valid until 17th April 2023 11:59PM.
Invest
RM128,750
1
Investors

    Thank you for investing in us! You will also receive these shares:

    • Type of share: Redeemable Convertible Preference Shares (RCPS)
    • Maturity Period: 5 years
    • Number of shares: 128,750
    • Price per share: RM 1.00

    128,750 x RM 1.00 = RM 128,750.00

     

    Additional rewards: Customized

Risk and challenges

  • Final number of shares issued may vary after adjustment for oversubscriptions, investment incentives and private placement.

Disclaimer by Securities Commission

  • No shares will be allotted or issued based on this document after six months from the closing of the offer period.
  • This issue, offer or invitation for the offering is a proposal not requiring authorisation of the Securities Commission under section 212(8) of the CMSA 2007.
  • This document has not been reviewed by the Securities Commission Malaysia. The Securities Commission does not recommend nor assumes responsibility for any information including any statement, opinion or report disclosed in relation to this fund raising exercise and makes no representation as to its accuracy or completeness. The Securities Commission expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the information disclosed.
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