PRC Bike & Toys - Everyone’s Toys Store


MYR 3,000

1 Day(s) LeftExtended0%

Min Target MYR 1,000,000
Min Equity 5.56%
No. Of Investor 1

Minimum Investment Amount
MYR 3,000.00



A large number of corporate embracing cycling as a sustainable alternative to commute will be a factor impacting the sales of bicycles in the next few years. At a CAGR of 4.2%, the global market for bicycles will attain the revenue approaching USD$80 billion during 2018-2026. The market was valued at around USD$55 billion in 2017.

Source: Bikebiz (2019)


The e-bike market was valued at USD$15.42 billion in 2019 and is expected to grow at a CAGR of 6.21%, during the forecast period, 2020-2025.

Source: GlobeNewswire (2020)

Toys & Baby

The revenue in the Toys & Baby segment amounted to USD$162m in 2020 and is expected to show a Compounded Annual Growth Rate of 15.6% from 2020 to 2024, resulting in a market revenue of US$290m by 2024.


In addition, the user penetration is 6.1% in 2020 and is expected to hit 9.7% by 2024. The average revenue per user (ARPU) currently amounts to USD$82.34.


Source: Statista (2020)



Consumers are unable to get good quality bikes and toys at affordable prices.


PRC Bike and Toys aims to become a specialty store chain and one stop solution for the Toys and Bike market segment, where consumers are able to purchase their Toys and Bikes in a specialised environment, with competitive pricing, expert guidance and satisfying customer service. 


PRC Bike and Toys ensures its employees are well qualified, honest, customer centric and ready to build a great relationship with the customer, which in turn benefit the business and all stakeholders.



        Own brand of bikes via OEM – high quality and competitive margins.

        Strong financial growth due to aggressive business expansion plans.

        Experienced management team.

        8 outlets are strategically located at hypermarkets that have a high volume of shoppers.


Target fundraise amount: RM1,000,000.

Alternative scenario: Assuming RM3 million is raised.



PRC Bike & Toys is offering Redeemable Convertible Preference Shares (“RCPS”) to all potential investors through platform. The RCPS offers interest at the rate of 10% per annum on the Subscription Price for 3 years. The redemption premium is 30% upon maturity. 

 MANAGEMENT TEAM            


PRC Bike & Toys is led by a team of well-qualified professionals with extensive industry experience.


Ch’ng Wee Ping, Founder, Chief Executive Officer (CEO)

Mr Ch’ng is the Founder & CEO of PRC Bike & Toys. He has 18 years of retail sales & service experience in toys & bicycle industry, thus he is well known among local suppliers of the industry. He oversees overall sales & operations of company and establish good rapport with suppliers & manufacturers.       


Khor Kok Wei, Chief Operating Officer (COO)

Mr Khor is the COO of PRC Bike & Toys.  He has 5 years’ experience in toy industry coupled with 2 years exposure in mall management. In PRC, he is in charge of logistics, delivery & staff management. Besides, he establishes good relationships with the management of hypermarkets such as Tesco, Aeon and Mydin.


Tan Teik Zing, Chief Financial Officer (CFO)

Mr Tan is the CFO of PRC Bike & Toys. Prior to joining PRC Bike & Toys, he was a Retail Manager to 46 outlets in one of the biggest garment company in Malaysia. He acquired 4 years’ experience in the mall marketing field. In PRC, he manages whole operations covering finance, oversees retail, marketing & business planning for future expansion. Overall, he has 10 years’ experience in the retail field. 

THE BOARD         


Position Held

Ch’ng Wee Ping

Founder, Chief Executive Officer

Khor Kok Wei

Chief Operating Officer

Tan Teik Zing

Chief Financial Officer





-          Company Name: PRC BIKE & TOYS SDN BHD

-          Brand Name: PRC BIKE & TOYS

-          Business Registration No.: 1308890-D

-          Date of Incorporation: 27th December 2018

-          Registered Address: 49th Taman Lumba Kuda, 11400 Ayer Hitam, Pulau Pinang, Malaysia

-         Business Operation Address: No 5, Lorong saga Jaya 5, Taman Perindustrian Saga Jaya, 13600 Perai, Penang.

-          Company Secretary: Chia Kang Yao (MIA 46060)

-          Auditor: Messrs. Peter Ng & Co.

-          Company’s Email:

-          Office No.: 04-383 1991

-          Website: N/A

-          Social Media Address:

** 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