MYR 164,100

 INDUSTRY OVERVIEW 

Market Size & Trend

The global Fruit Tea Market size is estimated to rise from USD 2.4 billion in 2020 to reach a value of about USD 5.1 billion by 2025, expanding at CAGR of over 10% in prophesized period.

Consumers’ preferences for healthy, caffeine-free beverages are driving demand around the world.

Source: Fruit Tea Market (2020)

PROBLEM STATEMENT    

●     Solving the caffeine needs for non-coffee lover who requires a good caffeine drink for a chill           working day

●      Convenience and unique customer experience where drinks are 'served' to the customers

 SOLUTION 

●      Serves various flavours of healthy drinks, with its unique tea extraction method and careful tea              curation process that caters to the local tastes preference with lower sugar content.

●      Provides tea lovers with convenience by allowing users to order their favorite drinks effortlessly             through their phone without the hassle of driving, finding parking, and queuing

 INVESTMENT HIGHLIGHTS   

●  To develop a mobile app that solves queue & parking problems, by using such app tea lovers are  allowed to order drinks online and enjoy the delivery services

●    The app can also be used as a marketing tool to keep the tea lovers updated about the information of latest products of wow tea. In additional to that, the app can also be used to send vouchers to tea lovers

●  Planning to leverage on Big Data analytic tools which could help the management team to make  decision effectively by understanding the behavior of customers or potential customers

●      Aiming to provide tasty, refreshing, healthy, and quality drinks to all the customers 

FUNDING OBJECTIVES        

Target fundraise amount: RM500,000

Targeted equity offered: 10%

Pre-money valuation: RM 4,500,000

Use of Proceeds are as follows:

 SHARE OFFERING   

JS Globe is offering Ordinary Shares (OS) to all potential investors through CrowdPlus.asia platform. The holders of OS shall be entitled to non-cumulative dividends out of profits of the Company at the dividend rate of 50%. The Company shall declare up to 50% of the Company’s profits as non-cumulative dividends. Any dividend rate of more than 50% shall be determined by the Board after ensuring that there are adequate reserves and satisfying the solvency test prescribed under the Companies Act 2016.

 MANAGEMENT TEAM        

Heah Wei Lun (Jack) - CEO cum Co-founder

Jack graduated with a bachelor’s degree in mechatronic engineering. Due to his strong interest in business, he began the first business by building domestic travel tours for 5 years since Form 3 until Year 1 in University. Thereafter, he built a day care retailing business for over 7 year which was started during university life. He also has five years’ experience of public speaking, leadership speech, motivation speech, soft skill seminar etc. & owned a team of 50 distributors.

Ng Yeow Liang - Chief Strategy & Marketing Officer cum Co-founder

Mr. Ng is an experienced person in sales and marketing as he possesses a total of seven years’ experience in sales and marketing. Two years sales and marketing experience in a listed developer company. Two years in the digital marketing industry by providing consultation and solutions to SME in building online business, creating exposure and marketing strategy. Three years entrepreneurship experience in doing online shopping business, Facebook management marketing and assisting local businesses to export their products to overseas by online platform. 

 THE BOARD   

  SHAREHOLDING STRUCTURE         

 CORPORATE INFORMATION AT A GLANCE 

·       Company Name: JS Globe Sdn Bhd

·       Brand Name: Wowtea

·       Business Registration No.: 1272984-W

·       Date of Incorporation: 21^st March 2018

·   Registered Address: 22 & 24, Ground Floor, Lebuh Kota Permai 1, Taman Kota Permai, 14000 Bukit Mertajam, Pulau Pinang

·       Business Operation Address: No. 26, Jalan Paboi, Bukit Tambun, 14100 Simpang Ampat, Pulau Pinang

·       Company Secretary: Goh Siew Siew

·       Auditor: LKH & Associates

·       Company’s Email: wowteamy@gmail.com

·       Office No.: 017-4870214

·       Website: www.wowtea.my

·       Social Media Address:

FB: https://www.facebook.com/wowteamy/     IG: https://www.instagram.com/wowteamalaysia/