Edugat - Accelerating Path To Higher Education

Education & Edtech

edugat.com

MYR 300,000

NA Day(s) Left
100% Funded
Min Target

MYR 300,000

Max Target

MYR 500,000

Min Equity

9.57%

Max Equity

15.00%

No. Of Investor

11

Price Per Share

MYR 19.83


Units of share
(e.g. 1, 2, 3 ,20, 50, 100)

MYR 0.00

Notify me for future raise



PROBLEM STATEMENT


There is not enough support and assistance when it comes to tertiary education in under-promoted countries such as New Zealand because the majority of education consultants place more emphasis on more popular destinations such as the US, UK and Australia. Although migration profile generated by UNICEF of Malaysia has shown a steady growth in migration to first world countries, the strict migration policies in countries like the US, UK and Australia are encouraging students to look at alternatives such as New Zealand.


When it comes to education, New Zealand is perceived as one of the less popular destination choice by most Asian students due to the inaccurate belief that the qualifications obtained are not internationally recognized. This wrong notion has resulted in students not considering New Zealand in the past as they are worried that employers would not view the New Zealand education system positively.



THE SOLUTION


Contrary to common perception, tertiary education in New Zealand is internationally recognized. Its education system is highly regarded for its ability to balance academic achievements with skills, producing creative, flexible thinkers who are competent at both practical and theoretical levels. New Zealand education is part of the Lisbon recognition Convention which means its certificates, diplomas and degrees have international recognition. 


With the country slowly rising to the top as the preferred destination for higher education, Edugat's primary mission is to assist candidates who are interested to study, work and live in New Zealand. Edugat offers services which will help students with university placement, scholarship assistance, visa application, program and career counselling, travel and accommodation assistance and information on pathways to permanent residency. Edugat also prepares its clients by fostering an understanding of the culture and expectations of studying, working and living in New Zealand through our seminars and orientations.


Having served the student transfer market in the last 9 months, Edugat has expanded their services to students in Philippines who wish to further their studies in Malaysia. Edugat understands the difficulties of school leavers in choosing a suitable institution and type of qualification, thus opening alternative placements in Malaysia.  Malaysia offers international students quality education at affordable pricing. 


In addition, the multicultural community of Malaysia supports the institutions' aim to make its students global citizens. International students are exposed to multiple languages, cultures and traditions.. Malaysia is now ranked the world's 11th most preferred education destination among international students by UNESCO. 





"To facilitate and accelerate the path to higher education"



UNIQUE SELLING PROPOSITION


  • Complimentary services include counselling, school placement, visa assistance, travel and accommodation assistance, post-arrival assistance
  • Country tour services
  • Partner institution marketing platform
  • Round-the-clock tracking/ online support platform



MARKET TRACTION (AS OF MARCH 2017)


NUMBER OF LEADS - 800

Note: This is compiled through seminars conducted in Philippines and Malaysia


CURRENT NUMBER OF STUDENTS BEING PROCESSED - 14




REVENUE MODEL





LIST OF CURRENT UNIVERSITIES AND INSTITUTES


NEW ZEALAND

UNIVERSITIES

INSTITUTE OF TECHNOLOGY AND POLYTECHNICS

(ITP)

PRIVATE TRAINING ESTABLISHMENTS

(PTE) 

The University of Auckland
Waiariki Bay of Plenty
ACG Yoobee School of Design
The University of Otago
Waikato Institute of Technology (Wintec)
Ntec Tertiary Group
University of Canterbury
Unitec Institute of Technology
Computer Power Plus
Victoria University of Wellington
Otago Polytechnic
Auckland Institute of Studies (AIS)
Auckland University of Technology
Northland Polytechnic (NorthTec)
Imperial College of New Zealand
The University of Waikato
Universal College of Learning (UCOL)
New Zealand Management Academies (NZMA)
Massey University
Whitireia Community Polytechnic
Queens Academic Group (QAG)
Lincoln University
Wellington Institute of Technology (Weltec)
EDENZ colleges

Nelson Marlborough Institute of Technology (NMIT)


Manukau Institute of Technology (MIT)



MALAYSIA

UNIVERSITIES

PRIVATE TRAINING ESTABLISHMENTS

(PTE) 

Infrastructure University Kuala Lumpur
Vatel international Business School
City University
Sky International Academy




QUALIFICATION


Edugat is currently applying for MSC status




FUNDING OBJECTIVE


Funding amount required: RM 300,000 - RM 500,000



USE OF PROCEEDS


This fund-raising campaign will be used to support operations in UAE and New Zealand to venture into complementary services like immigration. This campaign also gives an opportunity to allow strategic investors on board to fuel future expansion. 


The local operations team will support off-ground application process from regional branches as well as on-ground Malaysian students's application and online application. Thus, the company will grow its team from current size of 3 to 6 by hiring a Vice President, an Admin Exec and a Marketing Exec. The marketing budget is allocated for digital advertising, mega education fair on New Zealand's tertiary education and weekly seminars. IT development is to enable use via mobile phone and a comprehensive admin page for agents.




FINANCIAL FORECAST

for the period commencing 1 April 2017 - 31 Mar 2018


('RM)201720182019
Revenue1,067,6702,117,7603,266,304
Revenue growth-98%54%
Gross profit905,7601,883,7602,960,304
Gross profit margin85%89%91%
Operating expenses668,028897,5761,084,572
Net profit237,732986,1841,875,732
Net profit margin22%47%57%
Growth rate-315%90%




MANAGEMENT TEAM


KHARISSA UY BIENES Founder and COO 


  • Consultant Relations Manager at Primus Knowledge Inc. 
  • Outsource Marketing Manager at Northland Institute of Technology (Northtec) Auckland, New Zealand leading the region of  South Asia
  • Currently the Southeast Asia Director of Marketing for its partner organization Medway Consultants Pvt. Ltd. 
  • Graduated in Bachelor of Science in Nursing at Davao Doctors College 



CHUAH CHEE SHENG Information Technology Director


  • Business Development Director at Linear Sense Technologies (M) Sdn Bhd
  • Past experiences include Software Developer cum Business Development at MPCS Enterprise; Software Developer for Online Based Satisfaction Management System at AD-Macs Corp Consultant (M) Sdn Bhd; Software Developer for Data Warehouse Module and Inventory Master at Data Collection (M) Sdn Bhd; Programmer for Football module at WSL SDN BHD
  • Graduated in Bachelor of Information Systems (Hons) / Business Information System at University Tunku Abdul Rahman 


SITI ZURINA SABARUDIN Non-Executive Director


  • 15 years of experience in capital market with emphasis on private equity and fund management works
  • Partner in Abu Talib Shahrom and Zul Rafique & Partners
  • Currently attached to Azmi & Associates and heads the Capital Market and Private Equity Department of the firm
  • Graduated in Bachelor of Laws (LL.B) (Hons.) from International Islamic University of Malaysia in 2000 and was admitted to the Malaysian Bar in December 2002


LOh CHEE KEAT Business Development Manager 


  • Scientific Manager for Commercialization at ACGT Sdn Bhd
  • Scientist at WaferGen Biosystems Inc
  • Lecturer at INTI International College, Penang
  • Graduated in Masters of Science in Biotechnology at University Sains Malaysia (USM)


 

CORPORATE INFORMATION AT A GLANCE


NAME OF COMPANY

Edugat Sdn Bhd ("Edugat")


REGISTRATION NUMBER

1189377-K


DATE OF INCORPORATION

30 May 2016


REGISTERED ADDRESS

1st Floor, No. 43 Jalan Nova U5/76, Subang Bestari, Seksyen U5, 40150 Shah Alam, Selangor, Malaysia


BUSINESS ADDRESS

B1-3A-2, Soho Suites KLCC, Jalan Perak 50450 Kuala Lumpur, Malaysia


COMPANY SECRETARY

UBN Associates


AUDITOR

YL CHEE & Co. (AF 0725) Chartered Accountants


WEBSITE URL

www.edugat.com



** Note: This page is restricted to registered investor only

** Note: This page is restricted to registered investor only

** Note: This page is restricted to registered investor only

** Note: This page is restricted to registered investor only

** Note: This page is restricted to registered investor only

** Note: This page is restricted to registered investor only