Wilstech

Wilstech is an award-winning IT Solutions provider with more than 20 years' combined IT experience and whose core focus is IT consultation and development of customized web and mobile applications for start-ups up to large corporations.

Campaign Closed RM 1,500,000 raised

1500% of target	0 days left
Investors	3
Min Target	RM 100,000
Max Target	RM 1,500,000

Introduction

Wilstech Sdn. Bhd. focuses on providing affordable and efficient IT business solutions especially web and e-commerce to individuals, SMEs and large corporations in Malaysia and Asian countries. We are dedicated and passionate IT professionals with more than 20 years combined experience offering integrated solutions and services. We have varied expertise and past project experience to assist and consult you transforming your business ideas into reality or improving current business operations. With focus on customer support and flexible service with robust technology support, we have received commendations and appreciation from our various clients. Many businesses reply on us as their preferred IT solutions provider for a variety of different industries. We always respond swiftly to technical difficulties with a professional and personal approach.

We leverage on our team's expertise and varied knowledge base to develop, procure and offer competitive and complete IT solutions and services to give our customers the competitive edge and grow or enhance their business. Solutions offered include a full range of development, services and IT applications as well as hardware supply.
We support a wide range of operating system platforms including Windows and Linux based platforms as well as hardware platforms from all major brands. We are committed to ensuring our clients make the right choice when it comes to their IT investments.
Wilstech provides customized application systems development and technical support to the business community at its core. The full range of product and services provided are as follows:

General IT Consultation and System/Applications Development:

General IT Consultation
Web Solutions Development
System or Standalone Software Development
Server/System Managed Services (Cloud based infrastructure management, workstation management...etc.)
Mobile Application Consultation
Mobile Application Development (IOS, Android)

IT Hardware Consultation and Supply:

Server infrastructure, security and networking consultation
Workstation/Home hardware and software
Networking and security appliances
Server customization service
Sever setup and troubleshooting

With our Tech Partners we also provide various infrastructure and network solutions including:

Network and infrastructure design and deployment
Network security and optimisation including penetration testing
Server and storage solutions
Virtual Private Cloud solutions
Other customized solutions

What We Do

The Challenge

No Value Added. A vast majority of development parties do not offer any additional solutions or related services such as marketing, design or content development advice.

High Manpower Cost. A large majority of developers are on the other end of the scale and offer development services at a higher than normal cost as compared to others.

Unreliable Consultation. Consultations provided by certain parties are not always accurate or will be biased to higher cost solutions which are not really required by the client.

Unreliable services. Freelancers and other smaller software or platform developers offer cheap but often unreliable development services and this is a major concern for many SMEs.

Pandemic. Economic uncertainty and forced change of business trends due to Covid-19. SMEs require comprehensive and all-in-one solutions to survive together with hand-holding or consultation from experienced IT companies such as Wilstech.

Our Solution

Practical and innovative web solutions for start-ups, SMEs and even corporations.

Custom software and applications for today's business needs.

Infrastructure, networking, office and home IT equipment.

We designed our powerful and intuitive suite of business solutions with one goal in mind.

Copywriting, Corporate Profile, 3D Modelling Service, Penetration Testing.

We offer innovation in a trustworthy and value-added solution whereby we consult with the client from start to finish on the development of their application or solution.

Practical and innovative web solutions for start-ups, SMEs and big corporations.
Customize software and applications for today's business needs.
Infrastructure, networking, office and home IT equipment.
Ready to use CRM, HR and Accounting Solutions from Deskera

We help our clients to:

Increase online presence/visibility through website or web applications
Increase sales through additional sales channels on e-commerce or social media
Streamline business or day to day operations through the use of internal business management software, either custom developed or off-the-shelf.
Enjoy value added and cost friendly web and mobile application development services with customer-care oriented personnel.
Peace of mind as we provide well-balanced maintenance services with 24 hours technical assistance and emergency response.

We assist SMEs affected by the pandemic with a host of ready business management solutions which can help them manage their business from anywhere at any time. These suites of software include easy-to-use mini ERP, CRM and HRMS solutions which can be accessed via mobile devices.

Why Are We Different

RESPONSIBILITY

We provide full non-biased consultation to the client from idea conception up to development and publication of any application and beyond.

AFFORDABILITY

We keep development and running costs balanced and provide value added related services or assist the client on attaining such services should there be a need such as design, legal or other requirements.

ACCOUNTABILITY

We keep all project information strictly confidential unless otherwise specified by the client.

Our Revenue Model

Primary Revenue:

Development of customized web and mobile applications
Design & Development of websites and e-commerce sites

Secondary Revenue:

Sales and maintenance of Deskera suite of applications
IT Consultancy (Network, Security and others)
Other IT services and sales including IT equipment

Our Market Opportunity

Various government policies are enacted regularly to help the growth of SMEs in Malaysia and that is incredibly beneficial to us. For example the recent Digitalization Grant by MDEC.

As indicated above, overall adoption of IT and ICT related services are still low in Malaysia. Our potential market covers a wide range of industries from services to retail market.

Our Primary Target:

50% to 70% of SMEs in Malaysia
Various Industries

Both tech savvy and non tech savvy
Traditional businesses

Our Strategy

We have a healthy Facebook fan page and Instagram following. We build our brand recognition through social media, Google SEO, and of course with standard referrals. We have also been invited to give talks on other business platforms either in government sectors or the private sector. We work closely with various associations and NGOs to provide IT services and consultation to their member base.

We acquire most of our new clients through social media engagement and marketing campaigns on Facebook, Google and Instagram. We are also involved in networking platforms such as High Flyer Asia, BNI, JCI and others. We offer referral program to our existing customers to introduce new clients. Other than this , we also offer free consultation in various other associations.

We offer a certain period of free maintenance to new customers who onboard with us. And from time to time, we consult or follow up with customer on their completed systems or applications that have been developed by to follow up on any enhancement requirements or upgrades needed based on current market trends. We also provide 24 hour technical support so that we can address any issues that they have with a minimum of delay. Customers can just contact us at any time when they face problem or need IT consultation. Free consultation is always what we provide.

Our Achievements

Emerging Young Entrepreneur of The Year in the Global Business Leadership Awards (GBLA) 2019
Excellence in Software Development in the Malaysia Excellence Business Awards (MEBA) 2019
Featured in ThePage publication
Featured in WargaBiz publication
Featured in TheChamp
Featured in Top10 Malaysia
Featured in ShangHai商海

Indicative Usage of Funds

Usage Description	Usage over next 3 years
Platform Development	35%
Platform Operations	5%
Technology Costs	15%
Sales and Marketing	25%
Education and Skill Enhancement	5%
General & Staffing Overheads	10%
Miscellaneous Costs & Contingency Fund	5%

The majority of funds are earmarked for development and marketing of a new e-learning platform including hosting and operations costs as well.

The Team

Wilson Low

Chief Executive Officer

Ernie Tan

Chief Operating Officer

Term Sheet

Issuer: Wilstech Sdn. Bhd., a private limited company incorporated in Malaysia, a private limited company incorporated in Malaysia

Type of Equity: Ordinary Shares (“Shares”)

Fund Raising Period: 90 days

Pre Money Valuation: RM25,880,760

Minimum Fundraising Target: RM 100,000

Maximum Fundraising Target: RM 1,500,000

Price per Share: RM 49.58

Minimum Equity Offered: 0.384%

Maximum Equity Offered: 5.48%

Minimum Shares Offered: 2,017

Maximum Shares Offered: 30,255

Minimum Investment Amount: RM 4,908

Rewards

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

Type of Shares

Information

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

Use of Proceeds: The proceeds are intended to be used for marketing, infrastructure expansion and working capital. The funds will be transferred to the Issuer by the end of the Closing Date.

Subscription Procedure: An Investment Agreement to subscribe ordinary shares and subject to review if required or necessary, the procedure may be amended by the Issuer and the ECF Platform.

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 Wilstech 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 capitalization 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 respect and is not misleading or deceptive whether by inclusion or omission.

Should the Investor require more information, they can do so by contacting Wilstech Sdn. Bhd directly at [email protected] 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	Wilstech Sdn. Bhd., a private limited company incorporated in Malaysia
Type of Equity	Ordinary Shares (“Shares”)
Fund Raising Period	90 days
Pre Money Valuation	RM25,880,760
Minimum Fundraising Target	RM 100,000
Maximum Fundraising Target	RM 1,500,000
Price per Share	RM 49.58
Minimum Equity Offered	0.384%
Maximum Equity Offered	5.48%
Minimum Shares Offered	2,017
Maximum Shares Offered	30,255
Minimum Investment Amount	RM 4,908
Rewards
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.
Closing Period	14 working days after the end of the Fundraising Period.
Use of Proceeds	The proceeds are intended to be used for marketing, infrastructure expansion and working capital. The funds will be transferred to the Issuer by the end of the Closing Date.
Subscription Procedure	An Investment Agreement to subscribe ordinary shares and subject to review if required or necessary, the procedure may be amended by the Issuer and the ECF Platform.
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 Wilstech 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 capitalization 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 respect and is not misleading or deceptive whether by inclusion or omission. Should the Investor require more information, they can do so by contacting Wilstech Sdn. Bhd directly at [email protected] 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.

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