Welltech

FRP Tank Manufacturer

  • Raising on pitchIN
  • Equity
  • Manufacturing · Malaysia

The raise in figures

Target

MYR 4,998,672

Pre-money valuation
MYR 39.9M

At target: MYR 44.9M post-money · 11.13% equity offered

Last updated

↳ pitchIN · checked 51 min ago

About this raise

pitchIN lists Welltech as an upcoming equity crowdfunding raise. The company is based in Malaysia, and pitchIN lists it under Manufacturing. Investors are offered preferred shares.

Welltech is valued at RM39.9M before the new money. Welltech set a target of RM4.99M and a maximum of RM19.9M.

Investors from outside Malaysia can invest too, subject to pitchIN’s checks.

Shares make investors part-owners of Welltech. The figures here come from pitchIN, as of Raise Sonar’s last check on . Investments are made through pitchIN; Raise Sonar doesn’t take money or hold shares.

Upcoming

Opens on pitchIN

Funding history

No amount reserved has been reported for Welltech yet, so there’s no history to draw.

About Welltech

Summarised by Raise Sonar from Welltech’s pitchIN pitch

Welltech (M) Sdn Bhd is a Selangor-based manufacturer of fibre reinforced plastic (FRP) sectional panel water tanks, offering a modern alternative to steel, concrete and polyethylene tanks. It also provides tank refurbishment services, plumbing and piping works, and accessories. Customers include consumer and business buyers, with construction and civil engineering the dominant B2B category. The company makes money through purchase order-based manufacturing and supply of FRP tanks to construction companies, engineering contractors and industrial customers. This campaign is for the company's funding round.

Read the full pitch on pitchIN (opens in a new tab)

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