Greenpro AI Accounting Solution

Greenpro A.I. Accounting is providing a Revolutionary Accounting Solution to SME, leveraging on A.I. Technology and IBM Cloud to provide a one-stop accounting service that is simple, quick, and cost saving. Investment Highlights:

Solid Exit Plan Within A Year. By the end of the crowdfunding campaign, Greenpro Capital Corp (NASDAQ:GRNQ) will acquire this company and all the share issued as Redeemable Preference Share (The Shares held by the holder shall be redeemed at a value based on the Investment Amount multiplied by 120%)
Market Validation. The product already exists in the market shown the feasibility of the product in the market. Moreover, there was already 500+ clients in Hong Kong proven the acceptance of the market toward the product is positive. The product also been awarded ‘Leader of Innovation 2019’ awarded by Hong Kong Corp Hub for the outstanding performance.
Experienced Management Team. The management team are from industry experts and solid background with over 30 years experience in the profession. Plus, one of the director also the CEO of Greenpro Capital Corp (NASDAQ:GRNQ).

Campaign Closed RM 504,750 raised

168% of target	0 days left
Investors	26
Min Target	RM 300,000
Max Target	RM 1,000,000

Introduction

Our journey started in Hong Kong in 2003, under the brand name City Accounting to solve the accounting problems arise in the busyness in a city. In 2003, after the outbreak of SARS in Hong Kong, all of the business operations had to force to stop in order to prevent any physical contact that will worsen the situation.

By 2005, starting from Cloud Accounting and evolved to A.I. Cloud Accounting was developed by the professional accountants from Malaysia, Australia, United Kingdom, Hong Kong and together with Big Data Analyst and A.I. expertise.

The aims of the solution are to break the traditional accounting so to help the SME able to achieve efficiency, economical, and effectiveness. Now, everyone can do full set accounting with just snap or scan the invoice without the need of purchase the software or accounting personnel.

What We Do

The Challenge

Our Solution

The process flow is as following:

1. Receipt: The business owner just needs to snap or scan the receipt or document by using their mobile device or scanner.

2. Record: The business record will send to our Accountant Intelligence Centre for data processing.

3. Report: The business owner able to export or access the full set accounting via his or her electronic device such as mobile or tablet anytime and anywhere.

Greenpro A.I. Accounting requires only a minimal initial investment cost will let the SME save up to 90% of their accounting cost, the service is reliable, user friendly, and practically use to the SMEs.

Once the SME engaged with us, they will be able to:

No longer need to purchase Accounting Software or Hiring Accounting Personnel. You click the button now, GreenPro A.I. Accounting will do the rest!

By just taking the photo or scanning of the invoice, you can get your full set financial report in your electronic device.

Now, the SME can have more time to focus on their business development. The accountant or admin clerk can upgrade their role become reviewer to advise on the business performance.

Upskilling The Accounting Industry

Supported by:

Why Are We Different

The A.I. Cloud Based Accounting Solution is the Revolutionary Accounting that will bring positive destructive effect to the industry. It is not only providing positive results such as high cost effectiveness and high degree automation as it reduces significant of manpower in handling of every accounting tasks and also able to help the business immediately save up to 90% cost of every accounting jobs.

Our Revenue Model

Our Market Opportunity

Source: SME Corporation Malaysia

Small and Medium Enterprises (SMEs) have been facing many sustainability issues despite having competitive products or services offered at attractive pricing schemes.

By following the study from SME Corporation Malaysia, there are total of 886,453 out of 907,065 SMEs establishments from Small and Microenterprises and total of 89.2% of them are actually from services sector which are best suit for our solution.

As across Malaysia’s market there are several accounting system providers are serving the local SME’s however, for A.I. Accounting Solution there are the whole new accounting concept and this indicates that the business is scalable to penetrate any saturated or untapped market. This is due to the uniqueness of the product itself and also our digital partnership model to act as the accelerator in penetrating the market.

Our Strategy

The company aims to replicate the SaaS model and operate as the same as other players did. It is proven high successful penetration rate and longer customer lifetime value compared the others.

The entire go to market strategy of the company is from Business to Business to Consumer (B2B2C). Thus, the company wants to find a sustainable and efficient customer acquisition channel to further growth in the current market. There’s where the Digital Partnership Program come from and the company able to continually strive for delivering value to the customers.

For the first phase of the go-to-market strategy will be focusing in creating the awareness by using in house Email Marketing strategy and Telemarketing to our most loyal and active customers. The purpose of this is to get the brand advocates users to order before anyone else. Next, in order to drive more traffic and leads externally, the company is leveraging in Key Opinion Leader (KOL) in the industry with their influencer power to spread out the words and further strengthen the message.

Secondly, the company is planning to work hand in hand with the SMPs and also the association in the strategic collaboration for the referral program in launching the product to the market. Thus, the partners will introduce the product to their SMEs clients or their network in hand via their omni-channel market strategy like Webinar, Trade shows and Events, and others. By having the support from our digital partners, we believe this able to accelerate the speed for market acquisition and it will be more effectively.

Indicative Usage of Funds

The Team

C.K Lee

Co-Founder & Director

Samson Chow

Co-Founder & Director

Term Sheet

Issuer: Greenpro Capital Village Sdn Bhd, a private company limited by shares incorporated in Malaysia, a private limited company incorporated in Malaysia

Type of Equity: Redeemable Preference Shares (“Shares”)

Fund Raising Period: 90 days

Pre Money Valuation: RM9,000,000

Minimum Fundraising Target: RM 300,000

Maximum Fundraising Target: RM 1,000,000

Price per Share: RM 1.00

Minimum Equity Offered

Maximum Equity Offered

Minimum Shares Offered: 300,000

Maximum Shares Offered: 1,000,000

Minimum Investment Amount: RM 3,000

Rewards: Investment Amount

RM30,500

Reward(s)

Investment of RM30,500 and above are entitled to five (5) cAIa startup, five (5) cAIa scale up packages and Digital Partnership reward.

Impact on Shareholding Structure Upon Completion of the Offering

Investor Eligibility: Retail, Angel, Sophisticated, and/or Institutional Investors, subject to the applicable investment limits prescribed under the Securities Commission’s Guidelines on Recognised Markets.

Pre Emptive Rights: Holders of the Shares are deemed to have agreed to waive their pre-emptive rights, if any, under section 85 of the Companies Act 2016.

Type of Shares

Preference Shares (the “Shares”) with the following terms:

Dividends
The holder of the Shares shall be entitled to dividends at a rate of 10.00% per annum on the Investment Amount, payable annually at the end of the financial year for 1 year commencing from the date of the issuance of the Shares until the Shares are redeemed in accordance with this Term Sheet (the “Maturity Period”).

Redemption
On or before the expiry of the Maturity Period, the Issuer shall be entitled to elect and cause the following to be carried out:

The Shares held by the holder shall be redeemed by the Issuer at a value based on the Investment Amount multiplied by 120%. The holder of the Shares shall receive the redemption value in the form of common stock issued by Greenpro Capital Corp (NASDAQ: GRNQ) at an average closing share price of the 5 trading days immediately preceding the Issuer’s call for redemption pursuant to this Term Sheet, at a fixed exchange rate of 0.24 United States Dollar to 1 Malaysian Ringgit.

Information

Closing Period: 14 working days after the end of the Fundraising Period.

Use of Proceeds

Subscription Procedure: An Investment Agreement (with an Annexed Partnership Agreement) for the subscription of ordinary shares (subject to review if required or necessary).

Disclaimer

The information, calculations and remarks expressed on this term sheet or on any other part of the platform are based on information provided, disclosed and presented by the Issuer, Greenpro Capital Village Sdn Bhd to Ata Plus Sdn Bhd, either in part or in whole. Ata Plus disclaims responsibility for the accuracy, completeness and/or validity of these information, and hence will not be held liable for any inaccurate, inappropriate or incomplete information presented on this term sheet or on any other part of the platform subject to the following :

The financial information listed on the deal page is provided by the Issuer; which includes the financial forecasts and projections, the capitalisation table, the term sheet, and management accounts.

The financial forecasts and projections have been prepared by the Issuer based on assumptions that have not been reviewed and certified by an independent certified accountant for its reasonableness.

THE ISSUER agrees that; all information concerning the product, business and the assets of THE ISSUER that have been furnished to Ata Plus Sdn Bhd for the purpose of the equity crowdfunding campaign is true, complete, and accurate in all material respects and is not misleading or deceptive whether by inclusion or omission.

Should the Investor require more information, they can do so by contacting Greenpro Village Capital Sdn Bhd directly at [email protected] or by clicking on the ‘CONTACT’ button on the Deals Page.

Disclosure: This issuer is referred by a 3rd party which is . Ata Plus is not associated or related to the issuer and the referral party.

Disclaimer by Securities Commission

(i) No shares will be alotted or issued based on this document after six months from the closing of the offer period

(ii) 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

(iii) 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.

Issuer	Greenpro Capital Village Sdn Bhd, a private company limited by shares incorporated in Malaysia
Type of Equity	Redeemable Preference Shares (“Shares”)
Fund Raising Period	90 days
Pre Money Valuation	RM9,000,000
Minimum Fundraising Target	RM 300,000
Maximum Fundraising Target	RM 1,000,000
Price per Share	RM 1.00
Minimum Shares Offered	300,000
Maximum Shares Offered	1,000,000
Minimum Investment Amount	RM 3,000
Rewards	Investment Amount RM30,500 Reward(s) Investment of RM30,500 and above are entitled to five (5) cAIa startup, five (5) cAIa scale up packages and Digital Partnership reward.
Investor Eligibility	Retail, Angel, Sophisticated, and/or Institutional Investors, subject to the applicable investment limits prescribed under the Securities Commission’s Guidelines on Recognised Markets.
Pre Emptive Rights	Holders of the Shares are deemed to have agreed to waive their pre-emptive rights, if any, under section 85 of the Companies Act 2016.
Type of Shares	Preference Shares (the “Shares”) with the following terms: Dividends The holder of the Shares shall be entitled to dividends at a rate of 10.00% per annum on the Investment Amount, payable annually at the end of the financial year for 1 year commencing from the date of the issuance of the Shares until the Shares are redeemed in accordance with this Term Sheet (the “Maturity Period”). Redemption On or before the expiry of the Maturity Period, the Issuer shall be entitled to elect and cause the following to be carried out: The Shares held by the holder shall be redeemed by the Issuer at a value based on the Investment Amount multiplied by 120%. The holder of the Shares shall receive the redemption value in the form of common stock issued by Greenpro Capital Corp (NASDAQ: GRNQ) at an average closing share price of the 5 trading days immediately preceding the Issuer’s call for redemption pursuant to this Term Sheet, at a fixed exchange rate of 0.24 United States Dollar to 1 Malaysian Ringgit.
Closing Period	14 working days after the end of the Fundraising Period.
Subscription Procedure	An Investment Agreement (with an Annexed Partnership Agreement) for the subscription of ordinary shares (subject to review if required or necessary).
Disclaimer	The information, calculations and remarks expressed on this term sheet or on any other part of the platform are based on information provided, disclosed and presented by the Issuer, Greenpro Capital Village Sdn Bhd to Ata Plus Sdn Bhd, either in part or in whole. Ata Plus disclaims responsibility for the accuracy, completeness and/or validity of these information, and hence will not be held liable for any inaccurate, inappropriate or incomplete information presented on this term sheet or on any other part of the platform subject to the following : The financial information listed on the deal page is provided by the Issuer; which includes the financial forecasts and projections, the capitalisation table, the term sheet, and management accounts. The financial forecasts and projections have been prepared by the Issuer based on assumptions that have not been reviewed and certified by an independent certified accountant for its reasonableness. THE ISSUER agrees that; all information concerning the product, business and the assets of THE ISSUER that have been furnished to Ata Plus Sdn Bhd for the purpose of the equity crowdfunding campaign is true, complete, and accurate in all material respects and is not misleading or deceptive whether by inclusion or omission. Should the Investor require more information, they can do so by contacting Greenpro Village Capital Sdn Bhd directly at [email protected] or by clicking on the ‘CONTACT’ button on the Deals Page.
Disclaimer by Securities Commission	(i) No shares will be alotted or issued based on this document after six months from the closing of the offer period (ii) 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 (iii) 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.

Risk Disclaimer

Investing in equity crowdfunding involves certain risks that include uncertainty of returns, lack of liquidity, dilution, material events and lack of control. Investments should be done as part of a diversiﬁed portfolio. ATA PLUS offers investment opportunities to investors who understands these risks in making their own investment decisions.

PLEASE READ THE FULL RISK WARNING BEFORE DECIDING TO INVEST.

This page is approved as a ﬁnancial promotion by ATA PLUS Sdn. Bhd., which is authorized and regulated by the Security Commission of Malaysia. Deals that are up for investment are only offered to members of ata-plus.com on the basis of information provided by the companies concerned. ATA PLUS takes no responsibility for this information or for any recommendations or opinions made by the companies. For further information on this, please read our Term of Use.

Greenpro AI Accounting Solution

Introduction

What We Do

The Challenge

Our Solution

Why Are We Different

Our Revenue Model

Our Market Opportunity

Our Strategy

Indicative Usage of Funds

The Team

C.K Lee

Co-Founder & Director

Samson Chow

Co-Founder & Director

Term Sheet

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Risk Disclaimer