Tabigo App

Tabigo Sdn Bhd is a leading online travel marketplace and aggregator in Southeast Asia. We are helping everyone to travel with worry free experience backed by Golden Adventure (GA), a traditional reputable travel agency which has 100,000+ customers accumulated since 2010.

% of target	0 days left
Investors	0
Min Target	RM 300,000
Max Target	RM 2,000,000

Introduction

Tabigo Sdn Bhd aims to be a leading online travel marketplace and aggregators in Southeast Asia. Tabigo App makes everything fun and easy for travelers to plan and book their travel. Travelers get the best deals and benefit from the guidance of experienced professionals. Travel agencies and merchants gain new clients and benefit from higher sales productivity.

We strive to bring convenience for the user in planning and booking travel activities and create value for the travel agencies and merchants that partner with us. Tabigo will be the everything travel app that provides travelers with the experiences they want and need.The only platform you will need for travel activities and more in Southeast Asia.

Tabigo Sdn Bhd will be backed by Golden Adventure and Tour(s) Sdn. Bhd, a traditional reputable travel agency which has 100,000+ customers accumulated since 2010. (Growing at steady growth of 8,000 to 9,000 customers annually).

What We Do

The Challenge

1. There is no travel app target the whole market

Whether you are a free independent traveller, someone who looks for customized travel packages or a group traveller, the information is always scattered and you are required to perform tedious research to get what you want.

2. There is no travel app fulfill all the of free independent travellers requirements

As a free independent traveller, we often plan our itinerary using multiple sources, ranging from Facebook, travel platforms and apps to fulfill our needs and requirements. More importantly, we often use third party software (i.e. excel) to map out our itinerary for visualization.

3. There is no travel app covers the whole ecosystem

Travel can become pretty awful and unpleasant when an accident or unpredictable event happens. Travellers are likely to experience feelings of fear and unable to get the correct contact to handle the accident in unfamiliar circumstances such as geographic and language.

Our Solution

Our Tabigo app is able to:

1. Serve all parties who are interested in travel

Partner with travel agencies and merchants to provide tour packages, tour tickets, marchandise product and travel activities.

2. Allow free independent traveller to plot their itinerary

Smart Itinerary and hassle- free itinerary planning with Tabigo Apps. Customize travel plans and activities with our robust travel activities, flight and hotel search filter option

3. To cover all types of data to our users to make informed decision

Discover and compare different packages that are offered by different agencies and merchants with transparency and open market.

4. Explore Nearby Attraction using Map

Get connected and discover places popular with travellers and locals in details such as opening hours, location and pricing.

Why Are We Different

We are an aggregator and marketplace instead of just an online travel agency.

We will fill up the puzzle in the ecosystem between merchants, travel agencies and travellers.
We target whole market instead of just Free Independent Traveller
Online Booking as compare to Traditional Offline process
Experience Tour Agency that have deep understanding of Customer need and desire

We cover 8 countries ranging from Japan, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Indonesia and Brunei. A travel agency from each country stated above have also signed the Letter of Intentions to express the interest in participating and partnering with Tabigo Platform and paid the initial deposit as the initiative to get the partnership and project started.

Our Revenue Model

Our business model covers B2B and B2C.

Transaction Fee (2%)
Advertising Fee (2% or $0.5 per ads)
Featured Package (2%)

Our Market Opportunity

We have 9,000+ customers who are ready to use the Tabigo app supported by 20 Travel Agencies and 50 merchants that work closely with Golden Adventure and Tour(s) Sdn. Bhd.

The close relationship between Golden Adventure and Tour(s) Sdn. Bhd., 20 Travel Agencies and 50 merchants is the key driver for the initial customer acquisition and penetrate to the market.

How Big Is Our Market?

Global

The Online Travel Market is estimated to garner $1,091 billion by 2022.registering a CAGR of 11.1% during the forecast period 2016-2022 (Online Travel Market Report, Allied Market Research. 2019). Online travel providers aim to ease travel planning and bookings for travelers. The online travel market is driven by quick and convenient flight and hotel bookings, rise in customers’ trust in online payment, and ability to compare various available travel options. Nowadays, market players are extensively offering travel services through mobile websites and apps, as it is one of the most preferred mediums of travel bookings, particularly among the young professionals.

Southeast Asia

The Online Travel Market is expected to reach $78 bil by 2025.

* Online bookings for hotels — estimated to be worth $14 billion in 2018 and rising at 18% CAGR — have an even higher growth potential.

* Online Vacation Rentals is emerging as the most dynamic segment in Online Travel, on track to exceed $600 million in bookings in 2018 and growing at 24% CAGR. By securing increasing consumer trust and supportive regulations, online vacation rentals have the potential to grow to almost $2 billion by 2025.

The trend of online travel bookings in Southeast Asia

2015 - 34%

2018 - 41%

2025 - 57%

An estimated 41% of all travel-related bookings in Southeast Asia in 2008 have been made online. As these trends continue to unfold, up to 57% of all travel bookings will be completed online by 2025. There are existing online competitors in the market whose business tend to focus towards the Free Independent Traveller. However, Tabigo covers the whole market from Free Independent Traveller to Group Inclusive Tours with the support from Golden Adventure Tours & Travel Sdn Bhd.

Source : Think with Google. e-Conomy SEA 2018

Our Strategy

1st Year: Launch the apps in 1st quarter of 2021

Develop a solid user experience with all required functionality for the Mobile Apps. Gather and establish a more trusted network of partners to 40 and merchants to 100. Focus to aquisite customers from Malaysia and Singapore and increase the number of users.

2nd Year: Travel Agency, Merchant and Partner expansion, Customer retention and Funding in Singapore in 2022

Partner with VISA/ MASTER to develop the E-wallet system. Create and Maintain a loyal client base via marketing and promotion. Empower our travel agency and merchant through education to increase the level of service and customer retention. Go for the 2nd round of fundraising and move the headquarters to Singapore to support whole asia.

3rd Year: Leverage on the system and oversea Expansion in 2023

Add the translation of other languages such as Chinese and Japanese and leverage on current resources to expand overseas.

Indicative Usage of Funds

Marketing: 40%

Branding, marketing and publicity purposes.

Platform Development : 30%

Develop the whole new platform.

Operation: 20%

Day-to-day business operations for revenue generations.

Legal: 10%

Legal, auditing fees and documentation.

The Team

Darren Wong Tze Sean

CEO of Tabigo Sdn. Bhd

Kevin

CTO of Tabigo Sdn. Bhd

Wong Kwok Bin

Advisor of Tabigo Sdn Bhd

Term Sheet

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

Type of Equity: Preference Shares ("Shares")

Fund Raising Period: 90 days

Pre Money Valuation: RM15,000,000

Minimum Fundraising Target: RM 300,000

Maximum Fundraising Target: RM 2,000,000

Price per Share: RM 1.00

Minimum Equity Offered

Maximum Equity Offered

Minimum Shares Offered: 300000

Maximum Shares Offered: 2000000

Minimum Investment Amount: RM 3,000

Rewards

Impact on Shareholding Structure Upon Completion of the Offering

Investor Eligibility: 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: Issuer to provide additional information upon request

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

Use of Proceeds: The proceeds will be used for branding, marketing and publicity purposes, platform development, operation and legal, auditing fees and documentation.

Subscription Procedure: An Investment Agreement for the subscription of preference shares and subject to review if required or necessary, 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 the Issuer, Tabigo 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 Tabigo Sdn Bhd directly or by clicking on the ‘CONTACT’ button available on the Deal 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	Tabigo Sdn Bhd
Type of Equity	Preference Shares ("Shares")
Fund Raising Period	90 days
Pre Money Valuation	RM15,000,000
Minimum Fundraising Target	RM 300,000
Maximum Fundraising Target	RM 2,000,000
Price per Share	RM 1.00
Minimum Shares Offered	300000
Maximum Shares Offered	2000000
Minimum Investment Amount	RM 3,000
Rewards
Investor Eligibility	Angel, Sophisticated, and/or Institutional Investors, subject to the applicable investment limits prescribed under the Securities Commission’s Guidelines on Recognised Markets.
Information	Issuer to provide additional information upon request
Information	Dividends The owner of the Shares shall be entitled to cumulative dividends at the rate of 8.00% per annum on the Investment Amount, payable annually at the end of each financial year for 3 years commencing from the date of issuance of the Shares (the “Maturity Period”) Conversion / Redemption Upon the expiry of the Maturity Period, the Issuer shall elect and cause either one of the following options to be carried out within 30 business days from the expiry of the Maturity Period. Option 1: The Shares held by the owner shall be converted and exchanged with issued ordinary shares of the Issuer and allotted to the owner of the Shares based on a pre-money valuation of the Issuer of RM 45,000,000.00 (prior to such conversion), subject to rounding up or down at the discretion of the Issuer, should the shares be reflected in decimals. OR Option 2: The Shares held by the owner shall be redeemed by the Issuer at a value of RM 1.00 for each Share.
Closing Period	14 working days after the end of the Fundraising Period.
Use of Proceeds	The proceeds will be used for branding, marketing and publicity purposes, platform development, operation and legal, auditing fees and documentation.
Subscription Procedure	An Investment Agreement for the subscription of preference shares and subject to review if required or necessary, 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 the Issuer, Tabigo 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 Tabigo Sdn Bhd directly or by clicking on the ‘CONTACT’ button available on the Deal 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

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